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 Replies: 10 / Views: 2,663 |
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New Member
Australia
37 Posts |
Hi all. Just trying to locate annual print figures for our paper decimal currency ? Is there a way to crunch the numbers & letters & signatures to figure it out by my self ? Hope to hear back cheers
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New Member
Australia
18 Posts |
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Pillar of the Community
Australia
762 Posts |
With the old paper notes I don't think there is any way of working out annual print figures.
For a start NPAs annual report covers a "financial" year rather than a "calender" year.
Also the paper notes are not dated so you are relying on the signature combinations to calculate the year of issue. Even then there are instances of signatures being used for a while after the signatory left office.
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Pillar of the Community
Australia
2180 Posts |
I don't think NPA kept comprehensive records during the paper era but I think Mick Vort-Ronald has probably done the hard work (though I'm not sure as I haven't looked into it myself). To get that information you may need to buy one of his books though.
What information are you looking for exactly?
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Moderator
 Australia
16826 Posts |
I think also you will find there is (or can be) a discrepancy between "printing dates" and "issue dates", far more so than one usually finds for coinage. That's because for coinage, the Manufacturer (the Mint) and the Issuer (the Treasury department) are two different entities, but for notes they are one and the same entity (the Reserve Bank). It's part of the Reserve Bank's job to keep a large stock of physical cash on hand, ready for an emergency. Freshly printed notes could sit around in the vaults for months or years before finally being issued to the public.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
Australia
193 Posts |
Sap wrote "Freshly printed notes could sit around in the vaults for months or years before finally being issued to the public."
Yes indeed. Just the other day from an ATM, I withdrew some money and was issued with brand new $50 notes, in numerical sequence with the serial numbers beginning M 09.
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New Member
 Australia
37 Posts |
Thanks guys , I was thinking there may be to many variables to pinpoint exact figures for a particular year(to answer your question MrT) as has now been pointed out to me,cheers. I would love to get an idea of the amount of paper decimal notes still in existence which is absolutely impossible , a bank I visited the other day had 30+ $100 notes to be destroyed , and I could not afford to save them :(
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Pillar of the Community
Australia
1006 Posts |
Sap sorry but I must disagree with you on the RBA being the sole producer and distributor of notes. The RBA does handle distribution but the production of notes is handled by Note Printing Australia who is the current contractor for Note production but there are other competitors as well to by the way.
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Pillar of the Community
Australia
1005 Posts |
OMF,
You said there are competitors for NPA. I did not know there were any competitors.
Have any Australian polymer notes been produced by any other company?
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Valued Member
Australia
193 Posts |
Edited by agandau
01/28/2014 07:04 am
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Pillar of the Community
Australia
2180 Posts |
Quote:
I would love to get an idea of the amount of paper decimal notes still in existence which is absolutely impossible I would imagine that records of destruction of old paper money are kept by whoever officially destroys it but you'd probably need to look through a lot of reports to get a total. |
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Replies: 10 / Views: 2,663 |
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Posted 01/26/2014 7:15 pm
