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Early Decimal Notes.

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Valued Member

Australia
301 Posts
 Posted 07/02/2014  02:10 am Show Profile   Bookmark this topic Add sweetap to your friends list Get a Link to this Message Number of Subscribers
Hello everyone. Have some bank notes I got for face value today , my lovely daughter works at a Comm bank and grabbed them for me.

I no nothing about bank notes and this is my very first purchase, I didn't want to feel ungrateful so I just took them. Notes are something I've not really considered. But she new I liked old coins and gets me some occasionally.

OK firstly there in very nice condition for there age I think colour is still amazing on all the first set of notes. They look fairly new to be honest. There is a few others that are from a different set I will put at the bottom.

First set as I got them today $100 $50 $20 $10-5-2-1 notes , All look very nice to me.

Any info would be much appreciated. I think some of the numbers are fairly close on the second set. Many thanks Shane.


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This is the second lot the $10 has had it but the $5 is nice and 4 of the $1 notes are nice two very nice the 3 together are average no rips or that just wrinkly.



Early-Decimal-Notes.

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Thank you in advance for any help. Regards Shane.
Valued Member
spg1's Avatar
Australia
363 Posts
 Posted 07/02/2014  03:14 am  Show Profile   Bookmark this reply Add spg1 to your friends list Get a Link to this Reply

Hello Shane.

Gradings generally run from: Very Good VG (=Very Bad), to Fine F , Very Fine VF, Extremely Fine EF , About Uncirculated aUNC to Uncirculated UNC.
There are also some gradings made up to fill the gaps in between i.e. "good VF" = better than VF but not EF, or another is "about EF" = not quite to EF grade.

your first lot of pics:

1991 $100 - Fraser & Cole signatures (grades under VF = up to $140)
1991 $50 - as above (grades at VF = $60)
1985 $20 - "OCR-B" serial type - Johnston & Fraser signatures (grades at VF = $25)
1985 $10 - Johnston & Fraser signatures (would grade under EF = up to $25)
1990 $5 - Fraser & Higgins signatures (grade at VF = $12)
1985 $2 - Johnston & Fraser signatures (grade at EF = $4)
1982 $1 - Johnston & Stone signatures (grade at EF = $3)

Sorry to say that these notes are nice but the catalogue value is fairly low even for the VF & EF notes.
I must stress though that grading is subjective and I grade my notes harshly.
Others on the forum may have differing opinions.

your second lot of pics:

1968 $10 - Phillips & Randall signatures = Poor note
1983 $5 - Johnston & Stone signatures (grades at about VF = $12)
next 4 $1 notes - 1982 $1 - Johnston & Stone signatures (all grade at EF = $3)
next lot of three $1 notes
1979 Knight & Stone signatures (VG grade = face value)
2 x 1982 Johnston & Stone signatures (grade at F = face value)

Also, I've used last years Mcdonald's catalogue for the values. I don't think they would differ greatly for the 2014 catalogue.

Hope this helps.

Cheers Simon
Valued Member
Australia
301 Posts
 Posted 07/02/2014  9:24 pm  Show Profile   Bookmark this reply Add sweetap to your friends list Get a Link to this Reply
Hello, thank you for your info very informative I must say.

I will write down the dates etc as reference , never know one day they may go up a bit. I will just put them in a book and leave them be for a while let my kids and grandies have them later.

Also they are no where near as creased in hand as they appear in the photos , They look really nice when you hold them no dirt no marks.

Once again thank you for your info and I really don't mind you being harsh with your grades any thing else will just be a bonus. Regards Shane.
Valued Member
Australia
176 Posts
 Posted 07/04/2014  04:30 am  Show Profile   Bookmark this reply Add Pedro to your friends list Get a Link to this Reply
Sweetap - the following website may be of interest to you in researching dates of notes etc:

http://www.australianbanknotes.net/

Pedro
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