How much are old Australian notes worth?

Surprisingly, old Australian paper banknotes can be quite valuable. Online banknote and coin specialist site, The Right Note, are selling notes ranging between $1500 and $15,000.

How much is an old Australian $1 note worth?

Australian Paper Dollar Note Obverse – 1972 Phillips / Wheeler General Prefix Catalogue Value Uncirculated $95 (McDonald’s 2014), easily purchased for $20 on eBay. The Australian paper 1 dollar note was issued between 14 February 1966 and May 1984.

How much is an old $2 Australian note worth?

A single $2 note (first prefix, numbered under 1000) is worth $3000. Also in demand are star notes. These are marked with a star, or asterisk to be correct, after the serial number. This indicates that the note was issued to replace one damaged in the production process.

How can I find out the value of an Australian paper note?

To work out if your paper note has any value over the face value of the note then pick up a copy of an Australian coin catalogue, ask someone with some banknote knowledge or take it to your local coin and banknote dealer. If you’re using a catalogue to value your paper notes, whether they be decimal or pre-decimal you should exercise caution.

When did Australia change to one dollar notes?

In 1966 Australia changed to decimal currency and introduced the one dollar and two dollar notes followed by 5, 10, 20, 50 and 100 dollar notes. To value an Australian paper note first you must identify the famous Australians portrayed and the signatures the note bears.

Are there any old Australian banknotes still in circulation?

All Australian banknotes that have previously been issued into circulation by the Reserve Bank remain legal tender and can continue to be used. New $5, $10, $20 and $50 banknotes are now in circulation.

What was the denomination of the first Australian five pound note?

Denomination: Five Pound. General Issue Banknote. General Issue banknotes, were those banknotes that went into general circulation Pre Federation. Signed for and on behalf of the CBC of Sydney Andrew H. Lyons Manager. The July 1889. This was the first […] An exceptional grade of this very rare banknote. Pre-Decimal Banknote. Renniks: R07.