Perfect last prefix note from 1998 in mint UNC condition.
The early years of polymer production are a guaranteed safe bet for investors.
As a last prefix note it becomes all the rarer and the investment potential soars.
These notes have added their own face worth each and every year since release.
There has never been a better time to invest in this period as prices will continue to rise.
Design
A remarkable banknote in every way with abundant security features. This note had some extremely special features built into it as security against forgery. It was a world first and makes these notes highly desirable as collectors items. Collectors value numerous variations of this note.
The $5 note incorporates the following security features:
Within the clear window is a stylised gum flower printed and it can be seen from either side of the note.
If the note is held up to the light a seven pointed star within a circle is formed by four points on one side of the note combining perfectly with three points on the other.
If the note is held up to the light you can see an image of the Australian Coat of Arms under other printing.
The words FIVE DOLLARS has been microprinted and can be seen with the aid of a magnifying glass.
Slightly raised printing (intaglio) can be felt with the finger and is also used for the portraits and other major design elements.
Highly intricate multi-coloured fine-line patterns and images appear on each side.
Under ultra-violet light the serial number will fluoresce and also a square patch becomes visible on the back of the note.
Obverse:Â Queen Elizabeth II (Elizabeth Alexandra Mary; born 21 April 1926) is the queen regnant of sixteen independent sovereign states known informally as the Commonwealth realms: the United Kingdom, Canada, Australia, New Zealand, Jamaica, Barbados, the Bahamas, Grenada, Papua New Guinea, the Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Belize, Antigua and Barbuda, and Saint Kitts and Nevis. She holds each crown separately and equally in a shared monarchy, as well as acting as Head of the Commonwealth, Supreme Governor of the Church of England, and Head of State of the Crown Dependencies, British overseas territories, the Realm of New Zealand and the external territories of Australia. As a constitutional monarch, she is politically neutral and by convention her role is largely ceremonial.
Reverse: Parliament House is the meeting facility of the Parliament of Australia located in Canberra, the capital of Australia, designed by Mitchell/Giurgola Architects, and opened on 9 May 1988 by Elizabeth II, Queen of Australia. At the time of the construction, it was the most expensive building in the Southern Hemisphere at over $1.1 billion. Prior to 1988, the Parliament of Australia met in the Provisional Parliament House, which is now known as “Old Parliament House”.
Watermark:Â With the introduction of the new polymer banknotes we saw the end of the customary watermark. It was replaced with a Variable Optical Security Device in the bottom corner.
History
The Australian waterfront dispute of 1998 was a watershed event in Australian industrial relations history, in which the Patrick Corporation undertook an illegal restructuring of their operations for the purpose of increasing the productivity of their workforce. This dispute involved Patrick Corporation locking out their workers after the restructuring had taken place, with many of these workers members of the dominant Maritime Union of Australia. The resulting dismissal and locking out of their unionised workforce was supported and backed by the then Australian Liberal/National Coalition Government.
Major events in the dispute occurred in four major ports, where the Patrick Corporation had significant operations, Melbourne, Brisbane, Fremantle and Sydney. It revolved around attempts by Patrick Corporation and the federal government to improve efficiency on Australia’s wharves; primarily by reducing staffing numbers and the power of the Maritime Union of Australia.
*All biographical details are taken from Wikipedia for education purposes only.