new $100 note

Started by Mister T, November 07, 2020, 07:48:59 AM

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Mister T

Okay that looks like just shy of 10 million notes.
$100 notes don't generally come to much grief either.

gweidion

As I read that there are 188115 per serial combination.  

They go to K as far as I can see. AA - AK, BA - BK etc. 11 sets of 188115 times 4 plus EA. So about 8395175 or 839 million dollars or there abouts.

notcb

If you set a figure of 100,000 notes or less as being an indication of rarity (and hence a premium to face value) then there has been very few Australian Banknote issues over the last 27 years that meet the criteria.

$50 GB12    99,000,    $100 EL11  70,000,    $100  EL10   58,000,    $50 MD08   50,000,   $5 KC05  90,000,   $50  JC98   40,000,  and $5 DN97  10,000   

Of course some other issues have had their rarity increased by strange occurrences  $50 VG95,  $20 DA95,  $50 JC97   $100 CF98   all of which had much more than 100,000 printed.

With the change to 10,000,000 notes per series commencing from 2016 onwards with the $5 notes, the chances of limited issues for first and last prefixes has reduced markedly, only caused by possible signature changes.

One can only speculate as to why NPA changed from 1,000,000 to 10,000,000.

Cheers

Peter (notcb)

Mister T

The first $50 run in 1995 got to VG - maybe they thought that 20 years later they might run out of prefixes?

gweidion

Quote from: 'notcb' pid='124053' dateline='1609375445'With the change to 10,000,000 notes per series commencing from 2016 onwards with the $5 notes, the chances of limited issues for first and last prefixes has reduced markedly, only caused by possible signature changes.

One can only speculate as to why NPA changed from 1,000,000 to 10,000,000.

Got to have loads of capacity to print money to buy debt. 

As we all know most money is worthless, the only value being the generally accepted promise to pay. I'm still an advocate for having money with a value.
Pigs, tins of tuna or sardines, silver and gold to a lesser extent.
You should make use of every opportunity to use your cash so they don't remove it entirely.

notcb

Quote from: 'Mister T' pid='124055' dateline='1609445198'The first $50 run in 1995 got to VG - maybe they thought that 20 years later they might run out of prefixes?

There were approximately 380,000 VG95  $50 notes printed, which is a significant number in the wild.    One possible reason for the difficulty of finding good quality VG95 notes might be that this was the note of choice for dispensing from ATMs in 1995 - maybe coincidentally the VG95 bundles went to high output ATMs such as large shopping centres.

The same used to occur with the old 5 pound note from the 1950's.   Most people were paid with 5 pound notes which would be need to be broken, whereas payment in 10 pound notes was quite rare.  So good quality 5 pound notes are extremely rare.  

Cheers

Peter (notcb)

Mister T

I got to look through some $100 notes during the week and saw some 2020 issues, as well as some 2019 issues (both common).
I also found an AV 96.
Interesting that there was at least one from each year except 1998.