Ten dollar note (Australian)

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Banjo Paterson
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Banjo Paterson
Mary Gilmore
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Mary Gilmore
Commemorative $10 1988
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Commemorative $10 1988
Francis Greenway
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Francis Greenway
Henry Lawson
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Henry Lawson

The Australian ten dollar banknote was issued when the currency was changed from the Australian pound to the Australian dollar on the 14 February 1966, it replaced the £5 note which had the same blue colouration. There have been 3 different issues of this denomination, a paper a commemorative 1988 first polymer and from 1993 a circulation polymer banknote.

According to the reserve bank statistics there is a net value of 837 million dollar's in $10 notes in circulation, with a 2.3% cash value of all issued currency. Actual banknotes in circulation account for 10.4% of all denominations or 84 million banknotes. [1]

Since the start of issuance there have been 11 signature combinations of which the 1967 issue is of the most value, issued for 1 year only along with the Coomb/Wilson issue of 1966.

From 1966-1974 the main title identifying the country was Commonwealth of Australia, there were 470,000,000 notes issued in its life. This was subsequently changed to Australia until the end of issuance of paper currency for this denomination in 1993 with 1,265,959,091 of these notes being issued. In the 1988 polymer issue 17,500,000 banknotes were printed

[edit] Design

The people depicted on the paper note issue were Francis Greenway on the obverse along with public building he helped construct, and Henry Lawson on the reverse with his poetry and scenes of the outback gold mining town of Gulgong in the 1800's including the 'Times Bakery'. [2]

The polymer note features Andrew Barton (Banjo) Paterson on the obverse with a horse from the Snowy mountains region, and either a wattle or banksia plant, also included is his signature. His poetry is in the background. Mary Gilmore is on the reverse with 1800's heavy transport with horse and cart and verses from her poetry. Her signature is included. A windmill is in the clear window with the raised wavy lines.

1988 Commemorative Obverse design included the sailing ship HMS Supply anchored at Sydney Cove with the early colony in the background. Above are people who symbolise all who have contributed to Australia, from left the early settlers to right the modern working man.

Reverse includes portraits of the native population, the main picture is a young native youth with ceremonial paint, and in the background is a Morning Star Pole, other Aboriginal artworks commissioned by the Bank and a human like figure from Dream time. [3]

[edit] Security Features

The paper design included a watermark in the white field of Captain James Cook, the watermark was also used in the last issue of pound banknotes. A metallic strip first near the centre of the note, than from 1976 was moved to the left side on the obverse of the note. Polymer issue includes a watermark or clear imprint of the coat of arms which is printed over. A raised image in the clear panel of wavy lines. Also for this issue florescent colouring was added to serial numbers. A pointed star with 4 points on the obverse and 3 on the reverse which join under light. Raised print and micro printing of the denomination name are included.[4]

1988 Commemorative This issue includes a OVD of Captain James Cook who first established a colony at Botany Bay.

[edit] References

Renniks Australian Coin and Banknote Values 19th edition 2000. By Ian Pitt Page 170-172.

  1. ^ [http://www.rba.gov.au/CurrencyNotes/Statistics/notes_on_issue.html Reserve bank statistics 2004/2005
  2. ^ http://www.rba.gov.au/Museum/Displays/1960_1988_rba_and_reform_of_the_currency/australias_first_decimal_currency_notes.html. Retrieved 22 August 2006
  3. ^ http://www.rba.gov.au/Museum/Displays/1988_onwards_polymer_currency_notes/first_polymer.html#top Retrieved 24 August 2006
  4. ^ http://www.rba.gov.au/CurrencyNotes/SecurityFeaturesAndCounterfeitDetection/security_features_on_australias_notes.html SECURITY FEATURES ON AUSTRALIA'S NOTES Retrieved 20 August 2006