2016 Australia Five Dollars Next Generation Banknote AE16

$9,57

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SKU: 2016NEXTGENERATION$5AE160687891 Category: Tag:

Description

The general prefix serial numbers of the new Next Generation $5 banknotes have been selling very well in mint condition.

A great example here for sale with a UNC rating.

Fresh from the bank this note has never been in proper circulation and makes a nice add on for your collection.

Get in now before the prices rise higher. 

Additional information

SKU

Year

Denomination

Signatories

Serial No.

Renniks No.

Approx. Grade

History

A core function of the Reserve Bank is to maintain public confidence in Australia’s banknotes. Australia has one of the safest and most secure currencies in the world and has experienced relatively low levels of counterfeiting for many years. To ensure that this continues to be the case, the Reserve Bank researches anti-counterfeit technologies and developments in banknote design.The results of this work have culminated in a project to upgrade the security of Australia’s banknotes.

The first denomination in the new series, the $5 banknote, was issued on 1 September 2016. The $10 banknote will be issued in September 2017, followed by the $50 then the remaining denominations in subsequent years.
Considerable work has already been undertaken on this project, including the development and review of banknote designs and production trials of new security features. It is important that the new features are durable, effectively incorporated into the banknote designs and rigorously tested. One aspect of this process is that the Reserve Bank has consulted extensively with key users of banknotes, including banknote equipment manufacturers, retail organisations, financial institutions and the vision-impaired community. Advice has also been sought through a number of channels during the development process, including a Design Advisory Panel, subject-matter experts and focus groups comprising members of the public. These ongoing consultations provide an opportunity to ensure that the new banknotes meet the needs of the community.

Taken from www.http://banknotes.rba.gov.au Next Generation Banknote Program for educational purposes.

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