A truly lovely pair of key banknotes from the very first release of this new Next generation design.
Noteworthy Collectibles is offering the first prefix AA16 and last prefix EJ16 as a not to be missed offer. Both notes are in bank fresh uncirculated condition.
Both are key notes to be added to any portfolio of key Australian banknotes.
The hologram of the Eastern Spinebill bird, the 3 dimensional Federation Star and the reversing number 5 are all great features incorporated into the design.
Additionally, we find the all-new tactile feature to assist sight-impaired people with identification, of the note denomination which consists of a small raised bump on the upper side of the note surface.
Fantastic collectibles at any price.
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)
The new series will showcase native Australian plants and birds as prominent themes, along with the existing portrait subjects from the first polymer series and their related images. A number of subject-matter experts (SMEs) were involved from an early stage to ensure that the representations were appropriate. SMEs were engaged to provide advice on ornithology, acacia and Australian history, particularly the areas and eras related to the portrait subjects.
The acacia and ornithology SMEs made recommendations on the species that could be featured. They provided information about the important characteristics of each species to the NPA banknote designers and reviewed the various design iterations. The challenge in this process was to produce a representation that fitted into the limited space on the banknote, was printable and did not impede the efficacy of any security features. The most technically accurate representation, for example, might exceed the printing capability for a banknote. The aim of the SME consultation was, therefore, to produce a design that was an appropriate representation of the species while still meeting the requirements of the banknote printing process.
SMEs on the portrait subjects and Australian history were also involved from the start of the design process. They helped to source images and artworks that shaped the stories about the subjects of the portraits. These were usually images representative of a significant aspect of the portrait subject’s life or their contribution to Australian society. The process of selecting the images was also iterative: some images, for example, did not fit the available space and others could not be printed effectively.
Taken from Reserve Bank of Australia Publications Bulletin 1st September 2016 for educational purposes only.