2018 $50 Note AA18 First Prefix Lowe / Fraser R#525F Uncirculated
Front: Edith Cowan at left
Back: David Unaipon at right
Period on Issue: 2018 - 2021
This note is among the first NGB $50's printed.
Work on Australia's Next Generation Banknote (NGB) series began in 2007, and came to fruition on September 1st 2016, when the first note in the series, the $5 note, was released into circulation across the country.
The NBG $10 was released a year later, on September 20th, 2017.
The NGB 50 dollar notewas released a year after that, on October 10th, 2018.
The NGB notes include at least eight new security features that have been designed to ensure that Australia's currency notes remain safe from counterfeiters.
These new design characteristics are nothing less than incredible, and there is no doubt that the technology behind them will be exported right around the world for years to come.
A number of difficult technical challenges had to be solved before these security features could be included, which shows that manufacturing innovation remains alive and well in Australia.
Collectible Numismatic Products
The Reserve Bank of Australia (RBA) released two numismatic products to mark the launch of the NGB Australian 50 dollarnote - the first was a coloured folder that contained a single new 50 dollar Australian note, the second was a coloured folder that contained an Uncirculated NGB $50 note coupled with one of the last "1st Generation" Australian currencynotes that it replaced.
Unfortunately for the collectors that care about such things, the RBA chose to include standard notes in these folders - the serial numbers and prefixes were exactly the same as those that could be obtained out of circulation.
Although the folders are reasonably limited in nature, and can only be obtained from the RBA and selected retailers, collectors are far more interested in obtaining exclusive notes than fancy packaging. A collector market quickly developed for certain serial prefixes - prices for the most popular prefixes boomed in the first couple of weeks that these notes were in circulation, some were selling for up to $150 each.
First prefix notes have long been favoured by collectors as being the best notes to set aside, as they can be clearly identified as being among the very first printed.
The NGB $10 was released in 2018, so the first prefix for this note is AA18.
Each of the AA18 first prefix notes that we have available is crisp and original, and is devoid of any flicks or folds.
They are perfect to set aside as a memento of the introduction of these historic notes, and are sure to be in demand with collectors for many years to come.
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