Australia 1984 One Hundred Dollar Specimen Note Johnston / Stone R#608 Uncirculated
The second lowest numbered paper $100 specimen seen on the open market.
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Australia 1984 One Hundred Dollar Specimen Note Johnston / Stone
R#608 Uncirculated Specimen # 0377
One of only 2 examples sighted at public auction in 2015.
The market for Australian decimal specimen notes has changed markedly in the past couple of years - they are now (slightly) more readily available they used to be, and are circulating through the broader collector market far more than they used to.
This particular note would have been printed prior to March 26th, 1984 - when Australia's paper $100 note was first introduced into circulation.My analysis of auction results for Australian paper and polymer decimal specimen notes shows me that there have been less than 20 different paper $100 specimen notes seen since the mid 1980's.
Some doomsayers will say that the supply of these notes has escalated dramatically since mid-2012, however the reality doesn't quite match up to that perception. If we take the paper specimen $100 note, only 2 examples have been seen at auction in 2015. Three were seen in 2014, none came up in 2013 and just 1 was seen in 2012.
Given how important these notes are to any collector of Australian paper
decimal notes, I hardly see that as being a flood!
We haven't seen individual paper decimal specimen notes trade in their current price range since the early 1990's only two had come onto the market by that time, so there was little appreciation for them back then.
This note remains in pristine condition - it is devoid of any creases, flicks or folds, and has attractive sheen. It remains as exclusive, rare and historic as it did when comparable notes were selling for more than $28,000 each, and has to be excellent value for money at the moment.