Error $50?

This is a varnish error, so the entire sheet was shifted during the varnishing and pre-production phase when Note Printing Australia is putting on the background colors and treating the polymer.

Pretty nice error! I'd call it a "varnish error" with "production" somewhere in there if you have space.

I bet if you take a look at the left side of the note, where the farmers are, there's a chunk missing.

I haven't seen one that much degree of error. If you get a stack of polymers especially from an err... poorer print quality nation like Vietnam, there's some margin for error.

But the one you have... not even google has the answer :P

Also forgive me - not a varnish error but an undercoat error. Vanish or overcoat is what goes on top after everything including the intaglio/portraits have been printed.

So it can't be a registration shift. A registration shift is when the sheet is feed through too early or too late. So does that mean it's like a pre-production type registration shift...it's about 12mm off (or 7mm the other way). In about VF condition you'd be commanding a very good dollar.
According to Rennicks which is only a guide, a reg shift at 15mm in VF would be $350, but this error is completely different. A nice score. If you decide to list it or work out a price, I'd love to know.

Due to the crazy restrictions with messaging and sales on here I've decided to list this note on eBay. Starts: 18/03/12 at 21:30:51 Under: Australian $50 dollar RARE Error Note (Varnish Error)

I think this is the one
Ebay item : 110842511715

Good luck with the sale. Quite an unusual error.

Ok, so the $4k listing ended last night.
When you putting it back on for real bidding, now that the advertising listing has ended...I'm waiting patiently to make a real bid, but it's not going to be $4k.
Out of curiosity did you get many looks & watchers?

It's on like King Kong! Thanks Rev. With a bit of luck I'll win it.