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$50 Polymer High Serial

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New Member

Australia
15 Posts
 Posted 05/14/2012  12:28 am Show Profile   Bookmark this topic Add migsy to your friends list Get a Link to this Message Number of Subscribers
Hi fellow Coin Community ppls...im new to the forum this is my first post :0)

I am curious to try to get an idea what you guys think about a $50 Polymer note I found in my bank ATM withdrawal the other day.As usual I always check through my notes for rare serial numbers such as radars and low and high etc.

Sifting through the bunch of 50s I withdrew,i found a note with a pretty awesome High serial.

The serial was KE 99999958.lots of 9s and in the last 100?

Not too knowledgeable about these as far as how many were printed etc.Was wondering what the odds are of finding a note with a serial in the "last hundred" (is that right?)...wondering also how many notes might have been printed. Would it start as KE99 000001 through to KE99 999999?

Also wondering what you guys might think it is worth.It is taken from circulation and worn a bit but an awesome serial nonetheless.

Thx for any help,advice

Cheers
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enworb's Avatar
Australia
4411 Posts
 Posted 05/14/2012  12:36 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply


Youve come to the right place fo stats on notes because Goatieman is the man. He collects $50 notes so I'm sure he would love to hear about yours. Seems like a pretty high serial to me! Definitely a keeper. Could you post a picture of it?
Edited by enworb
05/14/2012 12:37 am
New Member
Australia
15 Posts
 Posted 05/14/2012  12:42 am  Show Profile   Bookmark this reply Add migsy to your friends list Get a Link to this Reply
Cheers mate,ill try and get my scanner up and running...i gotta say I stare at it quite often,im sure its an unhealthy fixation this note and coin collecting stuff
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FNQ's Avatar
Australia
507 Posts
 Posted 05/14/2012  01:07 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply
The more matching numbers it has, the bigger the jackpot. It will look very pretty with so many 9's ;)
New Member
Australia
15 Posts
 Posted 05/14/2012  01:25 am  Show Profile   Bookmark this reply Add migsy to your friends list Get a Link to this Reply
Heres a scan,enjoy guys n gals



$50-Polymer-High-Serial
New Member
Australia
15 Posts
 Posted 05/14/2012  01:37 am  Show Profile   Bookmark this reply Add migsy to your friends list Get a Link to this Reply
Yup thats a lot of 9s FNQ...wheres that Goatieman when you need him?...lol
Valued Member
juzzyb's Avatar
Australia
215 Posts
 Posted 05/14/2012  01:38 am  Show Profile   Bookmark this reply Add juzzyb to your friends list Get a Link to this Reply
Thats quite the serial number you have there.
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appleangel07's Avatar
Australia
1607 Posts
 Posted 05/14/2012  02:04 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list Get a Link to this Reply
Nice note probably about good fine by the scan & i'd be keeping it if I were you.
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trout1105's Avatar
Australia
7096 Posts
 Posted 05/14/2012  02:16 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
i gotta say I stare at it quite often,im sure its an unhealthy fixation this note and coin collecting stuff

Not unhealthy at all
Everyone does this.......Don't they
New Member
Australia
15 Posts
 Posted 05/14/2012  02:17 am  Show Profile   Bookmark this reply Add migsy to your friends list Get a Link to this Reply
Not in great nick but the serial is the value I guess.Just wondering what it might be worth...ball park figure....any guesses?
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enworb's Avatar
Australia
4411 Posts
 Posted 05/14/2012  02:21 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Im going to take a complete guess and go with $100-$150 but I really have no idea
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MobOfRoos's Avatar
Australia
762 Posts
 Posted 05/14/2012  06:24 am  Show Profile   Bookmark this reply Add MobOfRoos to your friends list Get a Link to this Reply

Quote:
The serial was KE 99999958.lots of 9s and in the last 100?





That's a beauty. Would have been in the same bundle as the almost mythical 99 999999
Valued Member
JamieSpat's Avatar
Australia
119 Posts
 Posted 05/14/2012  06:35 am  Show Profile   Bookmark this reply Add JamieSpat to your friends list Get a Link to this Reply
I know nothing about notes much less OZ notes (hey one addiction at a time ok?) but that is a beaut. I'd be keeping it for sure. Thanks for the look.
New Member
Australia
15 Posts
 Posted 05/14/2012  06:35 am  Show Profile   Bookmark this reply Add migsy to your friends list Get a Link to this Reply
Its a ripper alright ...and it aint mythical! Wheres the Goatieman? hes the expert,wonder how rare he thinks it is.Glad you guys like it,just goes to show you what you can find in ya ATM withdrawals
Pillar of the Community
Australia
1005 Posts
 Posted 05/14/2012  06:55 am  Show Profile   Bookmark this reply Add ozcoins to your friends list Get a Link to this Reply
I dont really collect notes, but I think I would have kept that if I found it!
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goatieman23's Avatar
Australia
869 Posts
 Posted 05/14/2012  07:39 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Hi all, I'm back...been far too busy the past couple of days.



A question before I speculate? Can I buy it? That would look nice in my collection. I'll pay the serial number divided by one million which equals $99.999958 or I'll round it up to $100.

What a ripper! I've looked long & hard at 1999 serials & the highest I could find in circulation was 99999576.

As for the odds & what not...here goes.

1999 saw $50 notes have five seperate print runs, being:
AA99 - DA99 (each print run was made up of 40 prefixes)
DB99 - GB99
GC99 - JC99
JD99 - MD99
ME99 - PE99

It was the third highest print run ($50) from 13 years.

There were 162,479,800 notes.

There were 160 prefixes ranging from AA to PE.

This means that there would be 159,880 (what I call) very/extremely high serials 999,900 to 999,999. (in $50's in 1999)
Yours fits in here!!

So out of the 162,479,800 notes in which 159,880 would be very high serials, the percentage is 0.0983753% or just plain 0.1%. This means that at time of release if you only searched the 1999 $50's your chances of getting a very high serial would be 1 in only 1,016, which nearly as scarce as a radar serial.

To get your mind ticking over even further, using the stats from the RBA's latest Banknotes on Issue & the 2011 Vort Report, it'd mean that (theoretically) searching through the entire circulating $50 currency in Australia right now would mean:

486 million $50's circulating
18.0% Macfarlane/Evans (of which 47.8% were 1999)
Which would mean that the 1999 $50's still circulating would be: 41,864,254
Crunching those figures down with the figures of how scarce a 1999 $50 with very high serial number would mean that the following number exist:
41,184
a percentage of 0.008474%
or a 1 in 11,801 which is scarcer than a radar repeater i.e 939939 or an 8-digit radar 99011099.

Nice score...I want it

I'm feeling a little jealous right about now...
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