older australian bank notes

Are the older $5 & $10 Australian bank notes from the 1970s still good?

 

Yes you can take them to the bank & exchange the for new plastic
They could be worth more than face value,depending on condition & signatures

 

Thanks spannermonkey. I bought so that I wouldn't have to use a money changer at an airport for a future trip.

As far as any numismatic value, the $5 note (Sir Joseph Banks) is just in ok condition. It has been folded a few times. This note looks like the first $5 Australian note, but I didn't see a year of issue.

The $10 notes are newer and are in better condition. These notes have A B Banjo Paterson on the front and Dame Mary Gilmore on the back.

Some NZ $1 and $2 notes were included, but it does not appear that they are any good.

 

I really need pic of the serial numbers & signatures on both sides
Maybe if you post pics Graham will chime in ,he seems to know a lot more than me
OR maybe CK will put his NUMI cap back on :lol:

 

I would need to borrow a digital camera for the pics.

The $5 note appears to be signed by gov - J G Phillips and sec - R J Randall serial number NDL956398 Based upon the signee, the date of issuance would have been between 1968-1971.

$10 notes

1. FA98527484 sec - evans governor - mcfarlane

2. JH93619508 sec - evans governor - fraser

 

The $5 is




$70 book value in fine condition
the $10 seem to be polymer notes ? with no more than face value

 

using this definition, I would grade it between very good and fine.

http://australianbanknotes.net/grading.htm

Since I haven't seen a new one, it is really hard for me to say.

It is the $5 note in this ebay picture.

http://www.ebay.com/itm/250940662849?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

 

The $10 are the new /current notes ,just face value
But the $5 looks like it could be a error note , this is where we need Graham
Looks like a good score anyway

 

Thanks spannermonkey. If the $5 is worth more than $10 then I have recouped the money I lost on the NZ banknotes.

 

Book value on the $5 is $70 in the worst condition
Now you just have to find some Kiwi tourist for the $NZ :lol:

 

I should have known better on the NZ notes. I visited in 1992 and they were already using the $1 & $2 coins then.

 

isnt legal tender always legal tender. meaning its always worth it face value, even out of circulation? need to take it to a NZ bank, or failing that, sell it on ebay. plenty of kiwis will be on ebay, im sure

 

Good luck taking your pennies and florins to the shops and trying to use those to buy goods and services.

 

Someone with too much post silver lying around should try this as a gag, I bet you would have no problem spending florins as 20c coins. Chances are the person taking the money wouldn't even notice the difference.

 

I think the key word here is in circulation, im sure you take any NZ money to your local shop and try spend it they will decline. Most currencies in the world probably the same. In fact, they will probably laugh at you if you offered them a $200 coin. You most likely will b advised as I have said, go to the bank and change it.
Unfortunately though, it does happen, I met a girl that inherited an estate, and over $1000 face value in florins and shillings went to the bank.
You have to be an idiot to do that, but it is still money.

 

lol, there are still even people who spend the 1966 50 cent pieces as money. I have seen a few come my way in the change.

 

i recieved a 1920s threepence as change a few years back , they are the same size as a 5 cent coin

 

To my knowledge you can exchange them with the Treasury but it ain't worth it if there's any silver content... I don't believe the official exchange rate has changed since the 1960s.

 

Notes are different but I get NZ coins as change all the time. I accept them as i know that i can offload them just as easily.