First Banknote in Australia Fetches US (Dollar) 310,000

Officials have revealed that the only surviving example of Australia's first official banknote exceeded expectations when it was auctioned for Aus (Dollar) 334,000 ( (Dollar) 310,000). The 10 shilling note -- one of 100 issued in 1817 by the Bank of New South Wales (now called Westpac) on the day it opened -- attracted bids from around the world, said Jim Noble of Noble Numismatics, which handled the sale. "It's a record for a colonial banknote," he told AFP. "It will ...

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Written by: editor - Saturday, March 29, 2014

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