Hello, I have an Australian $5 polymer note. It's a 1992 Fraser-Cole AB19 prefix note with a green serial number (AB 19920741). I've seen these for sale for over $2000. However, mine has ink missing in two places on the back side, so I have no idea how much it's worth. I'm not a collector of notes, so I'm keen to sell it. Where should I take the note for an honest appraisal of its value? I live in Melbourne. Regards
Welcome jack620, A good start would be for you to provide us with a photo of the note. And we could go from there.
We kind of dont specialise in paper notes, however at least 2 members on the forum could make some suggestions. we could search on eBay.com.au for similar notes and for completed listings.
You could also check out ( and i suggest you do unless you are aware of the site already ) the coincommunity.com forum these guys are heavily into numismatics and paper/polymer banknotes and imo they can help best regards the note http://www.coincommunity.com/forum/default.asp?CAT_ID=19 ps. If you sell the note for $500 or more, via link above than you OWE this forum a donation of at least 0.33 oz silver 1966 50 Cent or 1 pre 1946 Florin - we are flexible
Jack you say you are not a collector how did you come by it ? Is it For Sale or are you just canvassing ? As for $2K pricing that would be a dealer I would think, also depending on why the Ink is missing on yours could have a very serious effect on price. A good picture would be needed to even hazard a guess at what has happened. If it is well worn and used the value would only be around $150 - $350 again all depending.
Hi Austacker, I received the note from a money changer in Singapore of all places. Being clueless about these things I stuck it in my wallet and flew back to Oz. It wasn't until I had a good look at it that it seemed odd. I actually thought it was a fake. So I did some Googling and discovered that it is reasonably rare note. I don't know whether I damaged the note by putting in my wallet or whether it was damaged when I got it. If I could work out how to post photos in this forum I would. I've posted pictures in this forum here: http://www.coincommunity.com/forum/topic.asp?TOPIC_ID=86908 At this stage I'm just canvassing. You are right, the $2000+ was from a dealer. The actual listed price was $2350 to $2550 depending on the shade of green in the serial numbers Cheers
Great pics on the other site. The error on that note is due to the hidden supply vault of high grade hidden stash in the real building. If you do an ovelay of the different underground levels of the building and cross check you will find our nations hidden treasure. If I was you I would be in contact with Walt Disney to investage futher. There could be a movie about this in the future.
Hello, Had a look at the pics on the other forum ( nice pics ). Just wait it out and dont settle with the first offer ( in case there are ) * other thing, they mentioning that the missing ink in the 2 places devaluing the notes, im a bit sceptical of that. you seem to have 2 errors on one note ( - use that as a leverage in negotiations ) probably shouldnt have mentioned that you are not a collector perse. you have had it for a number of years, ergo ur a collector - just unsure of the price - and willing to trade/sell it so you can buy, the 1911 10 Shilling note that you wanted for years or something like that
Thanks for the reply THUCYDIDES79. Are you saying these might be printing errors and not post-printing damage to the note?
Also it is either dust or a pin prick above the zero in the number, I think it is dust ? Looking at the pics it appears there is another area starting to peel just below the bottom red circle, which would be just below the grassed area on the wall ? It does look like it is de-laminating, which is not really unusual for these notes after a lot of wear, this note does not seem to have a lot of wear though. There doesn't appear to be any major creases or signs of wear from the photos, so it could well be a printing error. Do your own tests I can not say to damage a note as that is illegal. The reason for the value is this is a Last Number prefix before the next years print issue. The other reason this one is particularly high priced is because it was the last year before the serials went to a date stamp, so 1993 started with BA93 etc... If you find out further information please keep us informed.
Hi Austacker, I've had a good look at the note with a bright light and a magnifying glass. Here's what I found: Back side: It must have been dust above the 0. It's not there now. You are right; there is a tiny damaged area 6mm below the lower one I have already highlighted. It's about 1mm wide. A small black speck (ink?) bottom right corner Small damaged area about half way between two main areas I have already highlighted, just touching the "(" shaped part of the building. Again, it's difficult to see without the magnifying glass and bright light. Very fine scratch 20mm long running at 45 degrees over the right hand part of old parliament house. Face side: Some very fine vertical scratches which look like they may have been made by a machine. Some have stitch-like pattern to them, as if a toothed wheel or cog had made them. No signs of delamination other than the two in the photos (assuming that's what it is). Hope this helps.
