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How can you tell if you have a fake or counterfeit polymer banknote? You can do this simple trick. Crush the banknote with your palm like squeezing it into a ball and then let it go immediately. The note should spring back immediately. If not, then you may have a fake note in your hand.

. . . a complete collection of all Australian polymer notes (single note) issued since 1988, including all commemorative/numimatic notes, joint issues and special serial numbered issues. The only set that I do not have, at the moment, is the 1998 $10 Portraits AA98/AB98 (with or without frame). The $10 Portrait set was a failure at that time and the notes were later withdrew as it was not popular among collectors. The price was not right then for me and that was why I didn't buy them. It was NPA intention then to release all portrait sets on a yearly basis starting with the $10 note and collectors were also given the opportunity to get them all with matching serial numbers too. Unfortunately this was not the case.

Did you know .... that the Australia polymer notes series are designed in such a way that the portraits of female and male are alternated, with serial numbers on the front and signatures on the back, ie $5 Queen Elizabeth the ll/Parliament House, $10 AB Banjo Patterson/Mary Gilmore, $20 John Flynn/Mary Reibey, $50 Edith Cowan/David Unaipon, $100 Nellie Melba/John Monash and $5 Federation Henry Parkes/Catherine Helen Spence. Of course only the normal $5 note has one portrait on the front and none on the back.

.... Also did you know that .... The following were some of the names proposed for the new Australian currency back in the 60s when it was converting from Pound Sterling to Decimal - Boomer, the Digger, the Dinkum, the Emu, the Kanga, the Ming, Oz, the Quid, the Roo and Royal. Fortunately, the Dollar won the battle! Just like New Zealand, they too have proposed few other names for their currency, like the fern, kiwi, zeal before they too accepted dollar on 10.07.1967.

25 March 2018

Australia - 1988 Bicentenary Coins and Banknotes Portfolio Album

This was the first joint ventured issue between Note Printing Australia (NPA) and the Royal Australian Mint (RAM). This album consists of three proof coins ($2, $5 and $10) and three uncirculated notes of $2, $5 (both paper) and a $10 polymer 1998 commemorative dated note. The $10 polymer note was a one off commemorative issue. The $2 note featured the last prefix of LQG. The bank ceased printing the $2 paper note in 1988 following the released of the new $2 coin and in 1992 ceased issuing the paper $5 note when the first $5 polymer note was released. A total sets of 25,000 were released to the public at $120 each per set. Instead of printing separate certificate for each album, the set number for per set was taken from the serial number of the $5 note. In this case, this is set no 9,808 of 25,000 sets. The NPA/RAM retained the first 20 sets for their own archives and 4,980 sets with serial numbered ranging from 000021 to 005000 were sold at the International Coins and Banknotes Fair in Melbourne. Needless to say the lowest number one can buy was the set number 000021. The remaining 20,000 sets were sold via mail listing orders. It should be noted that there is nothing special about this unless you are also a coins collector. The serial numbers on the notes are not matching nor they are specially printed in other colours either. The notes are normal circulating type and neither of the them has any special letter prefixes or commemorative text printed on it except that you get the last prefix paper note for the $2. Unfortunately this was not the case for the $5 note as at the time of the release, the $5 was still the current series then and the first $5 note was not issued until 1992. The last prefix for the $5 paper note series is QPG (RA Johnston/BW Fraser). This is just one of the many joint ventured numismatic products issued by NPA & RAM and in my opinion this issue was not a successful one either. It was never my intention to get this set until now as it has no special purpose, apart from paying a high premium for the folder and cover materials. Despite after 20 years since it was first released, you can still get this set at issued price or even less depending on your luck. In all, a total of 4 joint issues were released by NPA/RAM since 1988.

Folder Front Cover

Footnote/Opinion: -
In my opinion, this is not worth buying unless you have big ego like me. There is nothing special at all for this set if you are a banknotes collector. However I am not sure about the coins. Only a serious coins collector can tell you this.