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1988 $20 Note Gothic Serials Side Thread Johnston/Fraser R409B Uncirculated

1988 $20 Note Gothic Serials Side Thread Johnston/Fraser R409B Uncirculated

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A premium example of one of the keys to the entire paper decimal note set.

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$20 NOTE 1985 Gothic Serials Side Thread Johnston/Fraser Uncirculated

A premium example of one of the keys to the entire paper decimal note set.

The introduction of polymer technology to Australia's banknotes in 1988 sent the numismatic world into a spin. Not only did the new notes look and feel completely different to traditional paper notes, they survived in circulation for far longer. Governments around the world were quick to contact Australia's Note Printing Australia (NPA) to enquire about the new technology.

An unintended consequence of the introduction of polymer technology was the impact it had on the production of Australia's other notes - particularly the paper $5, $20 and $50. Production capacity at NPA was running so high that staff were forced to recall a serial-numbering machine that had not been in use for some time. The machine in question worked just fine, it was just that the font it used was difficult for note scanning & counting equipment to count. (Which is why it was mothballed in the first place!)

The Johnston Fraser $20 note with Gothic serials were thus printed for only a very short period during 1988 - they're scarce in any grade.