Australian one-dollar note

One Dollar (Australia)
Value:	1 Australian dollar
Width:	140 mm
Height:	70 mm
Security Features:	metallic security thread, Watermark
Paper Type:	Cotton fibre
Years of Printing:	1966 - 1984
Obverse
Design:	Queen Elizabeth the Second and the Coat of Arms of Australia
Designer:	Gordon Andrews
Design Date:	1965
Reverse
Design:	Yolngu artwork by David Malangi
Designer:	David Malangi[1]
Design Date:	1965

The Australian one dollar note was introduced in 1966 to replace the 10 shilling note due to decimalisation. The note was issued from its introduction in 1966 until its replacement by the dollar coin in 1984. Approximately 1.7 billion one dollar notes were printed.

Printing

During the note's issue, between its introduction and 1974, The note bore "Commonwealth of Australia" as the identification of country. At least 680,000,000 notes were printed in this time period. After 1974 and until the dollar coin was introduced in 1984, the note bore "Australia" as its identification of country. Around 1,020,000,000 such notes were printed after 1974.^[2]

Design

The Australian one dollar note was designed by Gordon Andrews, the design being accepted in April 1964. The note features Her Majesty Queen Elizabeth II on the obverse with the Australian Coat of Arms. This portrait was based on a photo taken by Douglas Glass.^[3] The obverse of the note features Aboriginal Contemporary Art created by David Malangi.

Security Features

The paper design included a watermark of Captain James Cook in the white field; 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 was moved to the left side on the obverse of the note.

Removal from circulation

The one dollar note was replaced by the current gold-coloured coin on 13 May, 1984 due to the longer service life and cost effectiveness of coins.^[4][5] These notes can be redeemed at face value by the Reserve Bank of Australia.^[6], but numismatics and note collectors may pay a higher price for these notes depending on age and condition.

References

1. ^ "David Malangi". The Australian Art Print Network. http://www.aboriginalartprints.com.au/indigenous_artists_details.php?artist_id=63. Retrieved 7 February 2011. 
2. ^ http://www.therightnote.com.au/shop650/shopcontent.asp?type=signaturePt2
3. ^ http://www.australianbanknotes.net/one_dollar_banknotes/index.htm
4. ^ http://www.australian-threepence.com/blog/2009/06/the-australian-dollar-our-mob-of-roos-turns-25.html
5. ^ "Flashback", page 6, Brisbane News — May 11-17, 2011
6. ^ Redemption of old Australian Banknotes — Reserve Bank of Australia

• Ian W. Pitt, ed (2000). Renniks Australian Coin and Banknote Values (19th ed. ed.). Chippendale, N.S.W.: Renniks Publications. ISBN 0-9585574-4-6. 

Preceded by Ten shilling note (Australian)

One Dollar (Australian) 1966–1983

Succeeded by One dollar coin (Australian)