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10$ Polymer Notes

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New Member

France
5 Posts
 Posted 04/17/2012  10:30 am Show Profile   Bookmark this topic Add cstram to your friends list Get a Link to this Message Number of Subscribers
Hi,
Apologize but I'm not an expert and I'm new.
I Have received by my father in 1988 5 polymer notes with AB 33 968 301 to AB 33 968 305. When he gave them to me he told me that they were about to be withdraw as they had a defect.
I have never touched them and I would like to know if they have any value.
Thanks,
Carlo
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enworb's Avatar
Australia
4411 Posts
 Posted 04/17/2012  10:48 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Well I had to just delete my first post because I just dug out the catalogue. I was so far off If they are the original issue ones that were withdrawn then AB33 is the last prefix and in UNC the catalogue value is $2200 each. Notes arent my thing so dont take my word Goatie
New Member
France
5 Posts
 Posted 04/17/2012  10:56 am  Show Profile   Bookmark this reply Add cstram to your friends list Get a Link to this Reply
wow. thanks.
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appleangel07's Avatar
Australia
1607 Posts
 Posted 04/17/2012  11:20 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
Yes they are 1st issue LAST PREFIX notes & you are sitting on a small fortune there,your father obviously had the knowledge & foresight to keep these,well done.

My 2010 Macca's has them at $2450 in 2010,just remember catalogue value is'nt what you will actually get but these notes are rare as rocking horse droppings in Uncirculated condition.
Edited by appleangel07
04/17/2012 11:28 am
Valued Member
In2Fish2's Avatar
Australia
124 Posts
 Posted 04/17/2012  11:28 am  Show Profile   Bookmark this reply Add In2Fish2 to your friends list Get a Link to this Reply
Carlo to CCF.

You have hit the jackpot with your five $10 Bicentennial Commemorative notes, enworb was spot on, each note is worth $2,200 individually in uncirculated condition.

However, you have 5 consecutive last prefix notes which in my opinion, when sold together are worth much more than $11,000.

I recall reading something about them being recalled as well, it had to do with the thin smooth varnish which come off under normal wear and tear which caused the note to age prematurely. The second issue solved this by having a thicker mottled varnish applied.
Valued Member
In2Fish2's Avatar
Australia
124 Posts
 Posted 04/17/2012  11:39 am  Show Profile   Bookmark this reply Add In2Fish2 to your friends list Get a Link to this Reply
Try this link it explains details of the note and the reason for its removal from circulation.

http://www.polymernotes.com/australia10.html
New Member
France
5 Posts
 Posted 04/17/2012  11:40 am  Show Profile   Bookmark this reply Add cstram to your friends list Get a Link to this Reply
Thanks a lot for the replies.
I actually was quite young when he gave the notes to me and I've kept them one by one in a specific plastic cover. I forgot about them until 2 or 3 years ago when I moved from Rome to Milano.
Valued Member
Sovereign Debt's Avatar
Australia
51 Posts
 Posted 04/17/2012  8:02 pm  Show Profile   Bookmark this reply Add Sovereign Debt to your friends list Get a Link to this Reply
I hope that plastic isn't PVC (polyvinyl chloride) based as banknote albums using PVC sleeves have been known to damage banknotes as well as coins by the leaching of acidic plasticizers when used for long term storage. Valuable numismatic items should be stored in inert substances such as Mylar or polypropylene.
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goatieman23's Avatar
Australia
869 Posts
 Posted 04/17/2012  11:00 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
You are sitting on a gold mine...I really don't know too much about this commemerative note.
All I know is that it's highly wanted. It's something that people love to collect. I'm not sure how many were released into circulation, but I have a couple that were part of circulation. I know that a huge percentage of the population don't even know that it was legal Australian tender.
That link above from in2fish is a fantastic source of info, regarding the commemrative note.
Finally a polymer question I can't answer...I say polymers began in 1992! Maybe we can still consider the 1988 commerative to be a sample/test polymer note to surprise & amaze the world with its amazing technology & security features...imagine if it was a total failure (we probaly wouldn't know about it).
I'm interested in knowing the full story of the discovery of the note & the plant.
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spg1's Avatar
Australia
363 Posts
 Posted 04/17/2012  11:19 pm  Show Profile   Bookmark this reply Add spg1 to your friends list Get a Link to this Reply
There are actually three notes to collect for AB33. After the AB33 the next two number must be 93, 94 or 96 to be the first issue notes. So in reality the first and last prefixes will have six to collect....

I've cropped my notes to illustrate:


10$-Polymer-Notes

10$-Polymer-Notes

10$-Polymer-Notes

10$-Polymer-Notes

10$-Polymer-Notes

10$-Polymer-Notes

Hope this helps.
Valued Member
In2Fish2's Avatar
Australia
124 Posts
 Posted 04/17/2012  11:36 pm  Show Profile   Bookmark this reply Add In2Fish2 to your friends list Get a Link to this Reply
For members who are interested in Polymers, check out this link for a full background on the chronology of the worlds polymer notes.

http://www.polymernotes.org/resourc...npolymer.htm
Valued Member
Australia
323 Posts
 Posted 04/17/2012  11:41 pm  Show Profile   Bookmark this reply Add larena to your friends list Get a Link to this Reply
This topic is amazing reading...thanks for posting
all this information guys
Valued Member
In2Fish2's Avatar
Australia
124 Posts
 Posted 04/18/2012  12:39 am  Show Profile   Bookmark this reply Add In2Fish2 to your friends list Get a Link to this Reply
And for any members who would like to know exactly what a polymer is, you could have a look at this link.....

http://www.youtube.com/watch?v=LgOJnVeS-lk

And just in case your eyes haven't glazed over like mine used to in chemistry, to find out how the Biaxially Oriented Polypropylene (BOPP) process that we use in our polymer note manufacture is done, try this link....

http://en.wikipedia.org/wiki/Biaxia...opylene#BOPP

Valued Member
Australia
146 Posts
 Posted 04/18/2012  02:18 am  Show Profile   Bookmark this reply Add huckles888 to your friends list Get a Link to this Reply
Very interesting thread

I remember when they first came out I put one aside

I didnt really collect notes at the time and $10 was a bit of a chunk out of the salary

Have just had a look at my note and the serial number is AB20454808

So where does it fit into the scheme of things? I am pretty sure it doesn't have any real value
Valued Member
Australia
318 Posts
 Posted 04/18/2012  03:02 am  Show Profile   Bookmark this reply Add CoinManTim to your friends list Get a Link to this Reply
Huckles;
As SPG pointed out, there were two releases of this note.

The first release is identified by the 3rd and 4th serial number. The first release serial numbers are 93,94 or 96 only.

Your 3rd and 4th serial numbers are 45 - which makes this second release.
First prefix is AB10, last is AB57. So you're in the middle.

Uncirculated note catalogues $65, you could pick them up for $30 on ebay.
Valued Member
Australia
146 Posts
 Posted 04/18/2012  04:17 am  Show Profile   Bookmark this reply Add huckles888 to your friends list Get a Link to this Reply
CoinManTim - thanks heaps for the clarification - Dont really collect Australian notes so knowledge is limited
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