Twenty Dollar Phillips Wheeler Type 3 Specimen

Australia, Reserve Bank $20 Twenty Dollar Specimen Bank Note.

Renniks Number: R 20.

Code: SB007.

Banknote Description:   Type 3. Specimen.
Signatures: Phillips/Wheeler.
Serial Number: XGY 000 000.

Specimen Number: 0009.
Grade: PMG: EFQ 64-Choice Uncirculated.

RR:         $20000.00. Source Renniks 28^th edition 2018.

Type 3 specimen banknotes, included the words “NO VALUE”. Two large diagonal words in outlined type denoted SPECIMEN, with the additional security feature, giving the actual specimen number. These security features were added to both the obverse and reverse sides.

Similar security overprinting is now used on Australian pre decimal and decimal banknotes loaned to major museums and banks throughout the world, remembering all Australian specimen banknotes, in theory remain the property of the Australian government in perpetuity. The same rule applies to banknotes gifted to The Royal family, members of the sitting Australian Parliament. At the time of printing with major museums and banks, together with financial institutions. Essentially the Australian government printed from 1913 to the present time Specimen banknotes. The rarity of these offered banknotes should not be underestimated as a long term investment. The added value of TRN/PMG ad’s to the intrinsic value of each banknote.

Specimen banknotes issued in Type 1 and Type 2, all have the same serial numbers, this being all identified by first prefix and serial numbers 000000. There was no way of tracking individual banknotes. As

Type 3 specimen banknotes, included the words “NO VALUE”. Two large diagonal words in outlined type denoted SPECIMEN, with the additional security feature, giving the actual specimen number. These security features were added to both the obverse and reverse sides. This security system applied from 1972 up to and including all specimens circa 1972.

Similar security overprinting are now used on Australian pre decimal banknotes with decimal banknotes loaned to major museums and banks throughout the world, remembering all Australian specimen banknotes, in theory remain the property of the Australian government in perpetuity.

Investment Notation: TRN as Australia’s leading on line International numismatic investment specialist @ www.therightnote.com.au  we recommend this banknote to all collectors & investors.