Are old Australian notes worth anything?

Pettit lists a 1966 $2 note, with the first prefix ZFA and the prized star, for $6150. Even mid-prefix star notes are worth more than $5000 in uncirculated condition. These values are provided by the industry bible, Renniks Australian Coin and Banknote Values. … Those with prefixes ZFH and ZFK are worth $12,000.

How much is an old Australian $1 note worth?

A one-dollar note from 1972 – featuring a delightfully youthful looking Queen Elizabeth II – can be worth as much as $95. An important feature to look out for is an asterisk at the end of the serial number. These are known as “star notes”, issued between 1966 and 1971.

Where can I exchange old Australian notes?

The Reserve Bank, and most commercial banks, will redeem old Australian banknotes at face value. If you take your old banknotes to a commercial bank they may exchange them for current banknotes.

How much is the old Australian 20 note worth?

Already old versions of the $20 note are selling online for as much as $50, meaning thousands of Australians could have a note in their pocket worth more than its face value.

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Are a banknotes worth anything?

While rare serial numbers often generate interest, banknotes will only ever be worth their face value to us.

What is a $2 Australian note worth?

A single $2 note (first prefix, numbered under 1000) is worth $3000.

What are old notes worth?

Are old money notes worth more than their actual value?

Old Money Notes Actual Value
Full set of Singapore Bird Series, issued from 1976- 1984 ($1, $5, $10, $20, $50) $86
$50 notes from Singapore Ship Series, issued from 1984-1999 $100
(Rare) $1000 note from Singapore Ship series, issued from 1984-1999 $1,000

Do shops have to accept cash in Australia?

Retailers are free to set payment terms

Cash may be legal tender, but according to the Reserve Bank of Australia (RBA), notes and coins don’t have to be used in transactions. The retailer is free to set the terms of payment, and refusing to accept cash is not against the law.

What do I do with old banknotes?

At your bank

If you have a UK bank account, the simplest and quickest way to exchange your notes will normally be to deposit them with your bank. The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.

All Australian banknotes that have previously been issued into circulation by the Reserve Bank remain legal tender and can continue to be used. … All existing polymer banknotes can continue to be used as both versions of the $5, $10, $20, $50 and $100 banknotes will be in circulation for a number of years.

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How much is an old $100 bill worth?

One hundred dollar bills from 1966 are small size red seal legal tender notes. These notes are common and in circulated condition are worth about $110.

What Colour is the Australian $20 note?

Colouration is said to be either red or orange but has been debated many times over the years. Official documentation states that the colour of the twenty dollar note is predominantly red. This polymer note is colloquially known as a “lobster”, due to its red colour.

What is a old 20 dollar bill worth?

Condition – Most old twenty dollar bills are not rare. What makes them valuable is their condition. For example, a 1922 $20 gold certificate in circulated condition usually sells for around $100. The exact same bill in perfect condition would be worth $1,000 or more.

Is my serial number worth anything?

Solid serial number bills: up to $4,500

Notes with serial numbers made up of digits that are all identical are rare. Only one in 11 million bills printed have this type of serial number. As a result, they are worth big bucks.

Are old foreign banknotes worth anything?

According to a recent piece of research, UK households are hoarding millions in expired foreign currency. But if you still have ancient foreign notes and coins, the good news is they’re not worthless – you CAN still exchange them. Now, it’s important to note that this research comes with a major health warning.

The Bank of England has said that unspent paper £20 notes are still legal tender. “Don’t worry, you can still use the paper £20 note for now,” the Bank of England’s site reads. The better news is there’s no rush to spend them – with the Bank promising a 6-months notice before they are withdrawn.

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