A super little banknote on offer here from the general prefix banknote range.
Bank fresh and a great purchase if you’re looking to add this series to your collection.
Eventually, clean fresh examples of this series will get more difficult to find.
A great time to start collecting is now.
Next Generation Five Dollars banknotes released by Reserve Bank of Australia on 1st September 2016.
Obverse: Queen Elizabeth II with Gum Branch
Reverse: Old and New Parliament House, Capital Hill, Canberra
Signatories: Glen Stevens, Governor, Reserve Bank of Australia
John Fraser, Secretary to the Treasury
Watermark: The introduction of polymer banknotes saw the end of the customary Watermark. It was replaced with a Variable Optical Security Device in the bottom corner. The clear window [Optical Security Device] contains a stylised gum [eucalyptus] flower.
New security features of the Next generation banknote are:.
A holographic image of an Eastern Spinebill. The eastern spinebill (Acanthorhynchus tenuirostris) which is a species of honeyeater found in south-eastern Australia in forest and woodland areas, as well as some areas of Sydney and Melbourne. It is around 15 cm in length and has a distinctive black, white and chestnut plumage, a red eye, and a long downcurved bill.
There are also yellow Wattle flowers, a native plant to Australia.
A three-dimensional Federation Star.
A portrait of the Queen Elizabeth II who came to the throne in 1952 and appears with a eucalyptus gum branch.
Image of the new Parliament House and the Forecourt Mosaic, which opened in Canberra in 1988.
Special note: Since the beginning of Australian banknote production it has always been that the First and Last Prefix have always retained a higher value, and rise in value more so than the middle prefixes. These middle prefixes are generally refered to as General Prefixes.
The raw banknote sheet is printed with 6 notes horizontally and 9 notes vertically.
Each note on the sheet has a different prefix of 2 letters and the entire sheet is stamped with the exact same serial number at the time of production.
The entire prefix list is:
EA-EB-EC-ED-EE-EF-EG-EH-EI- Total (54)
One of the most significant changes in the new $5 banknote was the incorporation of the clear top-to-bottom window. While internationally the design trend in polymer banknotes had been to use larger windows, a full-height window of the type included in the new banknote series had not been attempted before. This design presented a number of challenges, both in production and for circulation. So prior to finalising the design, a preliminary set of trials was conducted to test the production readiness of the design and the ability of banknote equipment manufacturers to develop solutions to ensure their equipment could process the new banknotes. A test note was developed based on the general design proposed for the new series featuring a large clear window with multiple security features, a second window with an embossed feature and a third window that allows part of the rolling colour effect to be seen from the other side of the banknote. This test note went through the full production process in a variety of configurations to investigate optimum production conditions and the resulting notes were assessed for durability as well as compatibility with machine-based processing.
RBA Bulletin. Sep.2016