1988 Australia Ten Dollars Bicentennial - AB26 78

Year:
1988
Denomination:
Ten Dollars Bicentennial
Signatories:
R.A.Johnston / B.W. Fraser
Serial No.:
AB 26 785705
Renniks No.:
R310b
Approx. Grade:
aUNC
Item:
AB26785705-16R
Price : $40.00

1988 Australia Ten Dollars Bicentennial - AB26 78

This note from the 2nd release.

Lovely condition banknote with the exception of a light single centre fold from someones wallet but otherwise perfect.

A great addition to any portfolio and becoming increasingly collectible with each passing year.

Please see the pictures.

Most scholars date the arrival of humans in Australia at 40,000 to 50,000 years ago, with a possible range of up to 125,000 years ago.

The earliest anatomically modern human remains found in Australia (and outside of Africa) are those of Mungo Man which have been dated at 42,000 years old. The initial comparison of the mitochondrial DNA from the skeleton known as Lake Mungo 3 (LM3) with that of ancient and modern Aborigines indicated that Mungo Man is not related to Australian Aborigines. However these findings have been met with a general lack of acceptance in scientific communities, the sequence is criticized as there has been no independent testing and these results may be due to posthumous modification and thermal degradation of the DNA. Although the contested results seem to indicate that Mungo Man may have been an extinct subspecies that diverged before the most recent common ancestor of contemporary humans, it is generally accepted that the Lake Mungo remains are direct ancestors of present day Indigenous Australians. Independent DNA testing is unlikely as the indigenous custodians are not expected to allow further invasive investigations.

It is generally believed that Aboriginal people are the descendants of a single migration into the continent, split from the first modern human populations to leave Africa, 64,000 to 75,000 years ago, although a minority propose that there were three waves of migration, most likely island hopping by boat during periods of low sea levels.

Aboriginal people seem to have lived a long time in the same environment as the now extinct Australian megafauna.

*All biographical details are taken from Wikipedia for education purposes only.

The world’s very first polymer banknote. Released in 1988 to celebrate the Bicentennary of Australia.  This note had an extremely special features built into it as security against forgery being a hologram of Captain James Cook..  It was a world first and makes these notes highly desirable as collectors’ items. Collectors value numerous variations of this note due to initial production problems.

 There were 3 releases of this note due to initial technical difficulties with the production techniques.

The first release AB10 – AB33 (with the first 2 digits of the serial number being either 93, 94 or 96) The note had a thin varnish over the hologram which proved to wear out very quickly. When the problem was identified the printing ceased.

The second release AB10-AB57 (followed by regular serial numbers) used the same prefixes as the first release but did not employ the 93,94,96 sequence after it.  When printing resumed on this second run they applied a darker heavier varnish to the note which proved to work a great deal better.

The third release AA00-AA23 were released to the general public in blue colored Bicentennial Commemorative $10 Note Folder. These are the most common on the market given that more people kept them as momentoes and they did not suffer from the initial printing process errors of the previous two issues.

Obverse:

This design included the sailing ship HMS Supply anchored at Sydney Cove with a depiction of the early colonials in the background. These people symbolize all those who have contributed to Australia. From the left we see the early settlers and to right the modern working man. First Fleet is the name given to the 11 ships which sailed from Great Britain on 13 May 1787 with about 1,487 people to establish the first European colony in New South Wales. It was a convict settlement, marking the beginnings of transportation to Australia. The fleet was led by Captain (later Admiral) Arthur Phillip. The ships arrived at Botany Bay between 18 and 20 January 1788. HMS Supply arrived on 18 January, The Alexander, Scarborough and Friendship arrived on 19 January and the remaining ships on 20 January 1788.

Reverse:

Reverse includes portraits of the native population, the main picture is a young native youth with ceremonial paint, and in the background is a traditional Aboriginal Morning Star Pole also appearing are other Aboriginal artworks also commissioned by the RBA and a human like figure from the Dream Time.

Watermark:

1988 Commemorative note was the first to employ the optically variable device of Captain James Cook who first mapped Botany Bay.

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