Twenty dollar note (Australian)
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The Australian twenty dollar banknote was issued when the currency was changed from the Australian pound to the Australian dollar on 14 February 1966. It replaced the £10 note which had the same red colouration. There have been only two different issues of this denomination: a paper note which had a gradient of yellow and red, with a distinct red background, and a polymer note which can be recognised for its distinct red colouration. The polymer note was issued in 1994
According to Reserve Bank statistics, at the end of June 2006 there was a net value of $2584 million dollars in $20 notes in circulation, with a 7.3% cash value of all issued currency. Actual banknotes in circulation account for 16% of all denominations, or 129 million banknotes. [1]
Since the start of issuance there have been 14 signature combinations, of which the 1967 issue is of the greatest value, issued for 1 year only; and the 1989 Pillip/Fraser being issued for less than a year.
From 1966-1974 the main title identifying the country was Commonwealth of Australia, there were 146,960,000 notes issued in its life. This was subsequently changed to Australia until the end of the issuance of paper currency for this denomination in 1994 with 1,661,970,048 of these notes being issued.
[edit] Design
The people depicted on the paper note issue were Charles Kingsford Smith on the obverse along with a swirling pattern, and Lawrence Hargrave on the reverse with his drawings of kites and type aircraft designs. [2]
The polymer note features Mary Reibey on the obverse with an early colonial building and sailing ship including here signature. John Flynn is on the reverse with features of the Royal Flying Doctor Service of Australia of a biplane de Havilland DH 50 victory supplied by Qantas, medical instruments and a man on a camel. His signature is included. A compass is in the clear window with the raised 20 lettering. These famous people are depicted against a definite red background.
[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 the number 20. Also for this issue fluorescent colouring was added to serial numbers, and a number 20 elsewhere. 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.[3]
[edit] References
Renniks Australian Coin and Banknote Values 19th edition 2000. By Ian Pitt Page 171-172.
- ^ [http://www.rba.gov.au/CurrencyNotes/Statistics/notes_on_issue.html Reserve bank statistics 2004/2005
- ^ 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
- ^ http://www.rba.gov.au/CurrencyNotes/SecurityFeaturesAndCounterfeitDetection/security_features_on_australias_notes.html SECURITY FEATURES ON AUSTRALIA'S NOTES Retrieved 20 August 2006
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