Downies To Auction 2007-Dated RBa Notes

Downies to Auction 2007-Dated RBA Notes
By Bank Note Reporter

In a June online auction and a July 11 public auction, Downies will be conducting sales of current Australian 2007-dated bank notes, the latest to be issued by the Reserve Bank of Australia. The auction follows the success of last year's sale of 2006-dated bank notes.

In 2007, the Reserve Bank ceased its sales arrangement with the Royal Australian Mint in favor of selling first and last prefix bank notes via an annual auction. Consequently, Downies public auction of July 11 and Internet auction from June 18-25 July now provide the only opportunities for collectors and dealers to obtain uncirculated 2007 bank notes direct from the RBA.

The notes will consist of the first and last prefix bank notes dated 2007, e.g., $10 AA07 and GL07, respectively. A major attraction for collectors is that these will bear the new signature combination, Stevens/Henry.

At the July 11 sale these first and last prefixes will include special serial number combinations and complete sets of four notes - $5, $10, $20, $50 - in which the last four serial digits match. The special serials include radar and solid numbers. The bank note sets come as singles, consecutive pairs, trios, quartets, quintets and decades.

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