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Huge Interest Lately - 1988 Bicentennial $10 Polymer - Stats

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goatieman23's Avatar
Australia
869 Posts
 Posted 04/23/2012  08:04 am Show Profile   Bookmark this topic Add goatieman23 to your friends list Get a Link to this Message Number of Subscribers
Hi all, I'm not sure if I can post this here, if not I apologise in advance & I will delete it:

In CAB's May 2012 edition, good young Andrew Crellin gets all the facts straight about the worlds first polymer note. I'm so excited about it because the forum was discussing it the other day. I wanted to know more about the inital beginnings of it all.

www.surfaceanchors.com.au/eb...not/10-01.jpg
www.surfaceanchors.com.au/eb...not/10-02.jpg
www.surfaceanchors.com.au/eb...not/10-03.jpg
Sorry about being lazy, I should have written up a html page for it. But my wife's getting crazy & crazier being that we've got our first little one due on June 9.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 04/23/2012  2:35 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
yhe Bicentennial $10 is one of the most interesting Australian notes, ever.
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goatieman23's Avatar
Australia
869 Posts
 Posted 04/23/2012  7:06 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
The article makes me want to collect the note I never wanted to collect.
Then again I have the original Folder First Prefix - AA00, but NO I don't need the following:
Folder last prefix - AA23
First release first prefix AB10
First release last prefix AB33
Second release first prefix AB10
Second release last prefix AB57
Valued Member
Australia
428 Posts
 Posted 04/25/2012  05:36 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply
mine are 2 in the folders . and
4 from the first print that was recalled but not first or last prefix ab10 or ab33
mine are ab26 but still very happy with them .. ,, keldaw ,,
Edited by keldaw2222
04/25/2012 05:38 am
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deano's Avatar
180 Posts
 Posted 04/25/2012  08:51 am  Show Profile   Bookmark this reply Add deano to your friends list Get a Link to this Reply
At one stage these were in circulation from memory
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enworb's Avatar
Australia
4411 Posts
 Posted 04/25/2012  09:21 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
isn't that the whole point of making a banknote so it circulates
Edited by enworb
04/25/2012 09:22 am
Valued Member
Australia
428 Posts
 Posted 04/25/2012  6:42 pm  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply
i dont think so
not if is an error note ..
,, keldaw ,,
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Basil's Avatar
Australia
1040 Posts
 Posted 04/25/2012  8:04 pm  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
At one stage these were in circulation from memory


Yeah,they were withdrawn from circulation a year or 2 later because of faults,my ex-brother-in-law had a ice-cream container full of them from his business.
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Enlil's Avatar
Australia
560 Posts
 Posted 04/25/2012  8:14 pm  Show Profile   Bookmark this reply Add Enlil to your friends list Get a Link to this Reply
No I think the whole point of a banknote is to save money and gain signorage, that is why the suppressed silver and gold issue, as the price was increasing. It was better to issue the coins in another metal than reduce the current metal as in the past.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 04/25/2012  8:29 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
deano is correct. I remember them circulating for a short time.
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goatieman23's Avatar
Australia
869 Posts
 Posted 04/25/2012  9:46 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
I have a couple lightly circulated ones.

But the idea of Australia taking this polymer (plastic fantastic) technology was to get much more use out of a note. They can circulate four times longer than paper notes before disposal, which in many ways would make them a lote cheaper in the long run & there are now well above ten countries in the world using them & they are all produced/printed at our local Note Printing Australia (NPA).
Valued Member
Australia
428 Posts
 Posted 04/26/2012  6:13 pm  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply

how would
anybody not into coins and notes know how to tell the different between 1 st and 2 nd issue of these notes ?
Valued Member
Australia
428 Posts
 Posted 04/27/2012  6:39 pm  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply

i have heard that the only way to tell that is if the monogram rubs out then it is the first issue
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spg1's Avatar
Australia
363 Posts
 Posted 04/27/2012  7:42 pm  Show Profile   Bookmark this reply Add spg1 to your friends list Get a Link to this Reply

You can tell the first issue by the serial numbers. After the letter prefix (AB) there will be two numbers (from 10 to 33 for the first issue). The following two numbers will be a 93, 94 or 96.

So a serial number will look like: AB11 94 1234.

Cheers Simon
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 04/27/2012  9:00 pm  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
At one stage these were in circulation from memory


Yes they were definitely in circulation, although they were also massively hoarded.

The hologram on the note was one of the much advertised security devises. However once the word got out that these holograms weren't very durable people started to deliberately destroy them. So in the late 80s it was common to get one of these notes in circulation where someone had deliberately rubbed the note to destroy the hologram.

Presumably that is why the hologram never made it to the polymer notes issued in the 90s
Valued Member
Australia
428 Posts
 Posted 04/28/2012  05:48 am  Show Profile   Bookmark this reply Add keldaw2222 to your friends list Get a Link to this Reply
i have 2 of the 1988 bicentenary three coins / three notes sets and they have this 1988 $ 10.00 note in them and they have them sealed up in the folders with a
$ 5.00 and a $ 2.00 note also and 3 proof coins 2 x 5 x 10 dollar coins also ,, going by the value of the sets bought at $ 129.00 ea it looks like it would be better to break up the sets and sell seperatly going by the prices just now ,..
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