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It approached the CSIRO for assistance and it together with NPA embarked on what proved to be a ground breaking project.

Development of the polymer note was not without its difficulties.

Queensland Treasury notes were issued by the Queensland Government and were legal tender in that State.

Notes of both categories continued in circulation until 1910, when the 1910 empowered the Governor-General to authorize the Commonwealth Treasurer to issue Australian notes in denominations of 10s., 1, 5, and 10 and any multiple of 10.

It is the product of almost twenty years of research to "build a better banknote".

Shortly after the decimalisation of Australia's currency in February, 1966, the Reserve Bank of Australia (RBA) became alarmed with the extent of the counterfeiting of its workhorse note, the .

Users are warned that historic issues of this publication may contain language or views which, reflecting the authors' attitudes or that of the period in which the item was written, may be considered to be inappropriate or offensive today.

Much secrecy surrounded the development of the note and this first issue has the RBA code name "C ", for commemorative .

Listed rare Australian coins and banknotes may be sold before your order is received or processed. In those circumstances we will notify you of that fact, see if you wish to purchase any other coins or banknotes that may be available and otherwise process a refund of monies paid.

Australasian Notes Pty Ltd reserves the right to change / alter prices of any or all banknotes listed within our website without notice. Polymer banknotes, reproductions of banknotes in visual form including serial numbers are only facsimiles and not the serial number you may receive. While every care is taken, no responsibility can be accepted and we do advise insurance to our clients.

January 26 is Australia's national day (a public holiday) and in 1988 200 years of European settlement were celebrated.

It is understood that the note was actually available on that day from RBA which especially opened sales offices.


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