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Commonwealth Note

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Author Previous TopicReplies: 11 / Views: 3,037Next Topic  
New Member

Australia
3 Posts
 Posted 03/22/2006  8:47 pm Show Profile   Bookmark this topic Add noel to your friends list Get a Link to this Message Number of Subscribers
hi ! have an australian one dollar note ! just a few questions thought some helpful person may b able to help me out !
the note is a 1$ note > commonwealth of australia printed on both sides , names on note are >> phillips (gov,reserve bank of australia)and Randall(secretary to the treasury)
so my questions are >> is this a sort after note ? and what is the not valued at ? thank you and any help would be greatly appreciated ! Noel (Hervey bay, Queensland Australia)
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KLD's Avatar
Australia
1079 Posts
 Posted 03/22/2006  9:11 pm  Show Profile   Bookmark this reply Add KLD to your friends list Get a Link to this Reply
Another Queenslander on the forum, fantastic.

A very warm welcome Noel.

What condition would the note be in? This will help with value.
New Member
Australia
3 Posts
 Posted 03/22/2006  9:40 pm  Show Profile   Bookmark this reply Add noel to your friends list Get a Link to this Reply
the note I would class as in a fair to very fair condition !! just interested to find out more about it knowing that not all $1 notes came out printed as commonwealth of australia >> especially with Phillips and Randall !! hav,nt got time now work to be done but will check back tonight for any more replys and thankyou for the warm welcome , much appreciated !!
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humpybong's Avatar
Australia
1262 Posts
 Posted 03/22/2006  10:17 pm  Show Profile   Bookmark this reply Add humpybong to your friends list Get a Link to this Reply
Goodaye Noel and a big welcome to the coin community.

The latest McDonalds (13th Edition) lists the values for your note as follows:

Fine $5
VF $10
EF $20
aUnc $38
Unc $60

As you can see it would depend on the condition. Could be Fine.
This is also a retail value. If you wanted to sell you would get less.

New Member
Australia
3 Posts
 Posted 03/22/2006  10:40 pm  Show Profile   Bookmark this reply Add noel to your friends list Get a Link to this Reply
I had a second hand dealer who also deals with coins and banknotes offer me $500 this morning. So I think that there is something a bit more special about this note to have him value it at those prices. But thanks for your reply and anyone with information on why he would offer me that much would be greatly appreciated.
noel
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Sap's Avatar
Australia
16832 Posts
 Posted 03/23/2006  04:52 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Is it a "star note"? In other words, does the serial number start with a "Z" and end with an asterisk? Those are indeed rare, and easily worth what you've been offered.

If it doesn't, then we have no idea why he'd offer that much. Maybe the dealer is confused about star notes... [:p]
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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KLD's Avatar
Australia
1079 Posts
 Posted 03/23/2006  06:41 am  Show Profile   Bookmark this reply Add KLD to your friends list Get a Link to this Reply
If it doesn't have the star I would be inclined to take the $500 and run.
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humpybong's Avatar
Australia
1262 Posts
 Posted 03/23/2006  4:41 pm  Show Profile   Bookmark this reply Add humpybong to your friends list Get a Link to this Reply
If it does not have a star....let me know and I will send you a few of mine. You can get $500 each for mine as well.
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Australia
853 Posts
 Posted 03/23/2006  8:02 pm  Show Profile   Bookmark this reply Add Bigfella to your friends list Get a Link to this Reply
As a dealer I have 20 or so of these....20 x $500....pays off my overdraft!!!!!
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rggoodie's Avatar
United States
23522 Posts
 Posted 03/23/2006  8:32 pm  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
Bigfella
forget the overdraft
What are you selling them for?

AU$ each?
rggoodie
aka Richard
"catch em doing something right"
New Member
Australia
18 Posts
 Posted 03/24/2006  10:04 pm  Show Profile   Bookmark this reply Add tenorBb to your friends list Get a Link to this Reply
If it's not a star note, (ZAH - ZAQ) with a star after the number, then there must be a significant error on either the obverse or reverse. Going from the values previously mentioned in this thread, and you say the dealer's offered you $500, that's the only possible explanation.
Either that, or the signatories are coombs/randall.
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KLD's Avatar
Australia
1079 Posts
 Posted 03/24/2006  10:15 pm  Show Profile   Bookmark this reply Add KLD to your friends list Get a Link to this Reply
Even coombs and randell for $500 it would want to be in good condition.
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