Australia
$50 ND2008 Reprint Low Print
Signatures
Governor - Glenn Robert Stevens
Secretary To The Treasury - Kenneth Ross 'Ken' Henry
This is the 2008 $50 MD08 last prefix (P60b), released in September 2009. If you have one in uncirculated condition, you should be laughing by now. The reason is that dealers are now selling this note in uncirculated condition for approx. $150 each, as compared to $90 for the AA08 first prefix. You might be wondering why. It’s very simple. Less than 50,000 pieces of the last prefix were printed as compared to a million for the AA08 prefix. This is one of the lowest print runs, if not the lowest for the polymer series. One would expect the value of this MD08 note to appreciate much faster than the AA08 note given the low mintage. This note has now been replaced by the 2009 print.
Personally, since Australia has ceased printing replacement notes to replace those rejected prints, to me, the last prefix is more like a replacement note and should be worth more than those first prefix notes. I also note that in most cases, the quantity of last prefix notes are printed much less than those printed for the first prefix or AA notes. It is always easier to spot the first prefix of note (AA) but not the last prefix.
Personally, since Australia has ceased printing replacement notes to replace those rejected prints, to me, the last prefix is more like a replacement note and should be worth more than those first prefix notes. I also note that in most cases, the quantity of last prefix notes are printed much less than those printed for the first prefix or AA notes. It is always easier to spot the first prefix of note (AA) but not the last prefix.
Again, I have only uploaded the reverse side of this note showing the prefix.
Serial numbers range - MD08 950001 to MD08 999999.
Fifty Dollars
nd2008, MD08 Last Prefix |