The Australian two-dollar note was introduced in 1966 due to decimalisation, to replace the £1 note which had similar green colouration. The note was issued from its introduction in 1966 until its replacement by the two-dollar coin in 1988.
The paper design included a watermark of Captain James Cook in the white field which was also used in the last issue of pound banknotes. There was a metallic strip, first near the centre of the note, then from 1976 moved to the left side on the obverse of the note.
Replacement by the coinedit
The two dollar note was replaced by a gold-coloured coin on 14 June 1988 (Monday), 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.
australian, dollar, note, introduced, 1966, decimalisation, replace, note, which, similar, green, colouration, note, issued, from, introduction, 1966, until, replacement, dollar, coin, 1988, dollars, australia, value2, australian, dollarswidth145, mmheight72, . The Australian two dollar note was introduced in 1966 due to decimalisation to replace the 1 note which had similar green colouration The note was issued from its introduction in 1966 until its replacement by the two dollar coin in 1988 Two Dollars Australia Value2 Australian dollarsWidth145 mmHeight72 5 mmSecurity featuresmetallic security thread WatermarkMaterial usedCotton fibreYears of printing1966 1987ObverseDesignJohn Macarthur and Merino sheepDesignerGordon AndrewsDesign date1965ReverseDesignWilliam Farrer and WheatDesignerGordon AndrewsDesign date1965Security features editThe paper design included a watermark of Captain James Cook in the white field which was also used in the last issue of pound banknotes There was a metallic strip first near the centre of the note then from 1976 moved to the left side on the obverse of the note Replacement by the coin editThe two dollar note was replaced by a gold coloured coin on 14 June 1988 Monday 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 nbsp Money portal Redemption of old Australian Banknotes publisher Reserve Bank of Australia Ian W Pitt ed 2000 Renniks Australian Coin and Banknote Values 19th ed Chippendale N S W Renniks Publications ISBN 0 9585574 4 6 Preceded byOne pound note Australian Two Dollars Australian 1966 1988 Succeeded byTwo dollar coin Australian nbsp This Banknote related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Australian two dollar note amp oldid 1190609511, wikipedia, wiki, book, books, library,
