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Polymer First And Last Issue, Test Notes.

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Pillar of the Community
Australia
869 Posts
 Posted 02/07/2012  04:11 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list
The actual printing of the $5 Test notes in 1997 saw the following prefixes released:
AN - AZ (NOPQRSTUVWXYZ): 13 Prefixes
BN - BZ (NOPQRSTUVWXYZ): 13 Prefixes
CN - CZ (NOPQRSTUVWXYZ): 13 Prefixes
DN (N): 1 Prefix
All runs of $5 notes contain 40 prefixes.
As part of the 1997 $5 Test Prefix run there were 9,770 notes produced. Therefore there was a total of 390,400.
Meaning they were scarce, but overall not as scarce as the final HB97 prefix in which only 136,000.
As far as the test prefix goes the first & last prefixes in these test notes are rare with only 9,770 of each the AN97 & DN97.
I can tell you right now that the only way you'd get a $5 AN97 or DN97 is with lots of cash.
Pillar of the Community
Australia
2180 Posts
 Posted 02/07/2012  07:15 am  Show Profile   Bookmark this reply Add Mr T to your friends list
I didn't realise there were so few of the $5 test notes made. I'm surprised I've even found one.
Pillar of the Community
Australia
869 Posts
 Posted 02/07/2012  9:57 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list
I am still yet to find a $5 test note. But I don't really look out for them.

Just remember for first prefixes:
Out of what could have been a possible 999,999 of each first prefix, there were 85.7% produced.

Whereas with a last prefix with the same possible amount there was a mere 53.8% produced (not including test notes)

So with that in consideration the last prefix is always going to be more collectable.

But the modern problem is that the RBA releases them every year to the public...& you're asking yourself...what does that mean?

That there will be too many UNC First & Last Prefixes.

It is frustrating because theoretically I don't think their prices will go up as much as the older notes.

In 2010 less than 58,000 of the $100 EL10 were produced.
In 2008 less than 50,000 of the $50 MD08 were produced.
I assume that almost all of them would have been purchased by keen collectors or dealers.

I always wondering if any of those will be circulated. I think in that case that being there'll be so many UNC's it'll be special serials that will be the defining factor as far as price goes over time.

On Wednesday I received a $5 HB08 999855 (nice high serial of less than 443,000, but in average condition).

Does this mean that the latter serial numbers will be released into circulation? I would love to know.
New Member
Australia
6 Posts
 Posted 05/27/2013  08:23 am  Show Profile   Bookmark this reply Add maroskee to your friends list
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
New Member
Australia
6 Posts
 Posted 05/27/2013  10:22 am  Show Profile   Bookmark this reply Add maroskee to your friends list
I have a $100 AN 96 Australian note mint crisp cond still has the fresh bank note smell any ideas where to sell
New Member
Australia
6 Posts
 Posted 05/27/2013  10:25 am  Show Profile   Bookmark this reply Add maroskee to your friends list
Sorry will go read them again :)
Pillar of the Community
Australia
869 Posts
 Posted 05/27/2013  7:28 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list
Could you post some pictures? I've always been interested in upgrading mine.
As for selling AN96, there's no real good place to sell. You could sell on ebay but it may not fetch nowhere near as much as you would hope for.
Selling at auction won't happen, because the majority of polymers aren't fetching anywhere near expected estimates.
New Member
Australia
6 Posts
 Posted 05/27/2013  7:46 pm  Show Profile   Bookmark this reply Add maroskee to your friends list
Hi goatieman23 sorry as I'm new to this and this site I didn't fully read all rules that I was meant to but have since
Unfortunately I cannot post any such items like that at this time . : ( but I'm sure ill still have it in time when allowed ill post up photo
New Member
Australia
3 Posts
 Posted 05/27/2013  8:20 pm  Show Profile   Bookmark this reply Add Bree to your friends list
hi this is my first time here and this type of discussion is exactly what I've been looking for!
I only started my collecting by chance and have only ever gotten my notes from circulation in change or out of atm.


Polymer-First-And-Last-Issue,-Test-Notes.
New Member
Australia
3 Posts
 Posted 05/27/2013  8:54 pm  Show Profile   Bookmark this reply Add Bree to your friends list


Polymer-First-And-Last-Issue,-Test-Notes.
goatieman23 everything you have said is spot on regarding the pros and cons of collecting polymer. It seems there is no place that will realise the estimated catalogue value of these type of notes at the moment, hopefully it will change though with the state of our economy that doesn't seem likely anytime soon.
Pillar of the Community
Australia
869 Posts
 Posted 05/28/2013  01:40 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list
We may see an actual realistic price increase & demand for current polymers when the newer imaged/coloured notes are released.
New Member
Australia
10 Posts
 Posted 05/28/2013  05:09 am  Show Profile   Bookmark this reply Add mint67 to your friends list
I am a coin collector and aside from my one first prefix $50 note I don't have any. I was thinking about this the other day and had a few questions.
- Why are first/last prefix collected over others? I gather it's just the done thing?
- What if one day collectors decide to collect the 'in between' prefixes. Say, AA, BB, CC, etc. These notes would be far more scarce in high grade due to them not having any collector value today? Do people collect the 'in between' prefixes?
Edited by mint67
05/28/2013 05:10 am
Pillar of the Community
Australia
869 Posts
 Posted 05/28/2013  07:35 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list
Some people may well collect AA,BB,CC etc.
But more people collect first & last prefixes. Why? Because that's just the way it is.
Other people collect solid numbers: 888 888
Radars: 821 128
Repeaters: 128 128
Radar repeaters: 828 828
Low/high serials: <000999 or >999000
& there are so many other types that people may collect.
New Member
Australia
3 Posts
 Posted 05/28/2013  07:39 am  Show Profile   Bookmark this reply Add Bree to your friends list
some people do, like all collectors, each has our own 'thing' I suppose regardless of monetary value, like stamp collectors that just like butterflies etc. the in between prefixes would as you said aa bb cc be seen if someone collects the same serial number in each prefix from a certain year so they might have a run of 5 or 10 of the same note from same year, or same prefix and serial of all denominations from 5 through to 100 from same year. just like lotto numbers ppl like to collect their initials and birthdates, I think anything goes really. maybe it depends on the motivation of the collector if its more a hobby for the thrill of collecting or purely for the monetary value, personally I havnt got that far yet all the variables do my head in at times
New Member
Australia
6 Posts
 Posted 05/29/2013  06:00 am  Show Profile   Bookmark this reply Add maroskee to your friends list
http:// (Offsite URL shortening not allowed-9) /ZdHzIy
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