Australian two-dollar note

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Two Dollars
(Australia)
Value 2 Australian dollars
Width 152 mm
Height 76 mm
Security features metallic security thread, Watermark
Paper type Cotton fibre
Years of printing 1966-1988
Obverse
1966 Australian $2 note front.jpg
Design John Macarthur and Merino sheep
Designer Gordon Andrews
Design date 1965
Reverse
1966 Australian $2 note back.jpg
Design William Farrer and Wheat
Designer Gordon Andrews
Design date 1965

The Australian two dollar note was introduced in 1966 to replace the £1 note due to decimalisation.

Security features[edit]

The paper design included a watermark in the white field of Captain James Cook, the watermark was also used in the last issue of pound banknotes. A metallic strip, first near the centre of the note, then from 1976 moved to the left side on the obverse of the note.

Removal from circulation[edit]

The two dollar note was replaced by a gold-coloured coin in 1988, due to the longer service life and cost effectiveness of coins. These notes can still be redeemed at face value by the Reserve Bank of Australia and most commercial banks,[1] but numismatics and note collectors may pay a higher price for these notes depending on age and condition.

References[edit]

Preceded by
One pound note (Australian)
Two Dollars (Australian)
1966–1988
Succeeded by
Two dollar coin (Australian)