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2016 Australia Five Dollars Next Generation Banknote EE16

AUD$12.50

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SKU: 2016NEXTGENERATION$EE1606786665 Category:

A general prefix banknote from the new Next Generation $5 series.

Never circulated and in bank fresh condition. Truly a top purchase awaiting you here.

The serial has a nice solid run of 6’s which all add up to a devilĀ of a good buy.

Selling extremely well on most markets and being snapped up by collectors worldwide.

The note you see here is the note that you will receive.

 

SKU

Year

Denomination

Signatories

Serial No.

Renniks No.

Approx. Grade

Design

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
Width: 130.00mm
Height: 65.00mm
Composition: Polymer
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:
1st: AA16

General:
AB-AC-AD-AE-AF-AG-AH-AI-AJ-AK (11)
BA-BB-BC-BD-BE-BF-BG-BH-BI-BJ-BK (22)
CA-CB-CC-CD-CE-CF-CG-CH-CI-CJ-CK- (33)
DA-DB-DC-DD-DE-DF-DG-DH-DI-DJ-DK (44)
EA-EB-EC-ED-EE-EF-EG-EH-EI- Total (54)

Last: EJ16

History

The signatures featured on the 2016 New Generation 5 dollar banknote are Glenn R. Stevens, Governor of the Reserve Bank of Australia, and John G. Fraser, Secretary to the Treasurer.

Interestingly the Governor Mr. Stevens held this position for just 18 days after the first issue of this note when his 10-year term as Governor ended.

This signature pair will not be issued on any future new generation banknote issues.

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