Some Aussies might unknowingly be sitting on a small fortune, carrying of their wallets a $20 banknote price $4750 – almost 238 instances greater than the notice’s nominal worth.
Joel Kandiah, a Perth-based TikToker and numismatist – an individual who research or collects forex – factors out the 2 defining options of those “rare” notes in a 15-second video.
“Here’s a $20 note that can fetch you between $1750 and $4750,” he mentioned.
“Look for a Fraser/Evans signature combination and a serial number starting with PE 94.”
Mr Kandiah mentioned comparatively talking “there’s still a lot” of those notes in circulation.
“Happy hunting!” he mentioned.
Mr Kandiah’s video has obtained greater than 1.3 million views on his account @thehistoryofmoney.
Collectors are sometimes prepared to pay hundreds of {dollars} greater than the nominal worth of a banknote relying on elements reminiscent of date, situation, serial quantity and signature.
Designed by Garry Emery, Australia’s first $20 polymer banknote got here out in October 1994, with the Next Generation polymer banknote issued on October 9, 2019.
Colonial businesswoman and dealer Mary Reibey is featured on one facet of the notice, whereas a portrait of Reverend John Flynn, an Australian Presbyterian minister who based what later turned the Royal Flying Doctor Service, is on the opposite.
Of the 14 signature combos printed on the $20 notice since its issuance, the 1967 and 1989 points are of the best worth, whereas usually any notes printed within the first or final batch of a launch typically fetch prime greenback with the best purchaser.
Source: www.perthnow.com.au
