Nostalgia of note
James Cockington
May 9, 2012
One- and two-dollar notes, long replaced by gold coins, are still worth something today. Most can be exchanged for their face value but a few, very few, are worth a lot more than that.
Collector-bill the $2 note with asterisk is valued at $6150.
Ten thousand dollars in some cases.
A kind of cryptic code applies here. Prefix letters - clearly seen in the bottom left-hand corners - indicate when the notes were issued to the public. Those from the first and last issues are more valuable than others and are now seen by collectors as a good investment.
The $1 notes are a consecutive AAA-prefixed pair valued at $2975.
The serial numbers after the prefix indicate its order of printing. Those numbered below 1000 are also considered more valuable.
The most desirable of all are consecutively numbered pairs (or more if you're lucky). For example, a consecutive pair of 1966 $1 notes bearing the first AAA prefix is now valued at $2975. Sydney currency dealer John Pettit Rare Banknotes features a pair of these in uncirculated (mint) condition in his latest catalogue.
A single $1 note, also AAA but with a serial number lower than 1000, is also listed, at $1650.
Read more: http://www.theage.com.au/money/investing/nostalgia-of-note-20120508-1y9lm.html#ixzz1uQGmqrqK
