Australia 1992 Five Dollar Fraser / Cole
Some of the very first polymer $5 notes released in Australia.
The pale polymer Fraser Cole five dollar notes were first released into circulation in July 1992, just 4 years after the polymer Bicentennial $10 note.
The Reserve Bank of Australia was keen to ensure that the new $5 notes would survive whatever test the general public would put them to, so it was fortunate that the only controversies that surrounded the new notes were the designs on the notes, rather than the durability of the notes themselves.
Mainstream media articles show that many Australians thought that the Queen no longer had a place on our circulating currency, and that Caroline Chisolm should be retained.
In an incredibly rare display of political solidarity, both the Labour Prime Minister Paul Keating and the Liberal Opposition Leader John Hewson both made public statements to that effect in Parliament.
A statement issued by the Reserve Bank Governor, Bemie Fraser, said "the bank had to weigh the traditions along with the 'possible but unquantifiable' changes in community attitudes in recent years. Having weighed up all those factors, the bank has judged it appropriate to hold to the earlier decision to depict the Queen on the $5 note in the new note series."
The politicians quickly moved onto other controversies, and the note circulated throughout Australia with little complaint in the following months. That peace didn't last long however, as when the new blue $10 note was introduced in November of 1993, some sections of the community apparently found it difficult to distinguish between the $5 note and the $10 note.
In an effort to help those with limited vision, in April of 1995 the RBA adjusted the main simultan colour used in printing the polymer $5 note - the mauve was deepened and made more vivid. The RBA also took the opportunity to increase the size of the number 5 in the top right corner either side. The pale polymer $5 notes were also the last Australian notes to have a "random" serial prefix - all notes released after this one included the date as part of the serial number.
Really keen polymer note collectors now distinguish between the different shades of ink used to print the serial numbers of the R214 $5 notes printed between 1992 and 1995 - many are prepared to pay a significant premium for notes that have pale serial numbers.
Standard Shipping - $9.00
Signature is required on delivery
Express Shipping - $15.00
Signature is required on delivery
Free pick-up from store - $0.00
You're welcome to collect your order from our office (Shop 22; 27-35 William Street; Fremantle; 6160) during normal office hours. Please make sure to check we're open before you head on in!
We unconditionally guarantee the authenticity, title and grade of every item we sell. The tax invoices we supply ensure that you have these guarantees in writing.
Please review our Website Terms and Conditions for a complete explanation of the guarantees we provide.
All items ship within 24 hours of confirmed payment being received.
Please review our Website Terms and Conditions for a complete explanation of our availability guarantee.
All orders are delivered via trackable and insured mail at a flat rate of $8 for orders within Australia, and $25 internationally.
Australia Post Parcel Post within Australia can take up to 1 week to arrive, while EMS / ECI international mail can take up to 3 weeks.
Urgent orders can be sent via Australia Post Express Mail at special request.
Please review our Website Terms and Conditions for a complete explanation of our delivery guarantee.
Be The First To Review This Product!
Help other Sterling & Currency users shop smarter by writing reviews for products you have purchased.