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The notes of the Australian dollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and replaced the pound with the dollar. [1] This currency was a lot easier for calculating compared to the previous Australian pound worth 20 shillings or 240 pence.
The Commonwealth Bank Act of 1911 specifically stated that the bank was not to issue bills or notes for circulation. [7] The Australian Treasury issued banknotes until a 1920 amendment to the Commonwealth Bank Act of 1911. The amendment established a note-issuing department within the bank which assumed those responsibilities previously held by ...
The Australian one-pound note was the most prevalent banknote in circulation with the pound series, with the last series of 1953–66 having 1,066 million banknotes printed. [2] The first banknotes issued were superscribed notes purchased from 15 banks across Australia and printed with Australian Note and were payable in gold.
1852 Type 1 Adelaide Pound: These pounds were the first Australian gold coins, which makes them very attractive to collectors and dealers. The 1852 Type 1 version is even more valuable because of ...
Bank tellers and experts are very familiar with requests for certain kinds of bank notes. In fact, they encounter them more often than you might think. To learn more about the most commonly asked ...
The 1913 note was the world's first officially issued ten-shilling note. The first note, serial number M000001, was printed by Judith Denman, five-year-old daughter of the Governor-General of Australia, Lord Denman. [1] The last banknote issue had a print of 557,548,000 banknotes. [citation needed] [dubious – discuss]
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