Australia

Austrian note printing firm in scandal involving Azerbaijan and Syria

A Washington Post article dated 15 November 2014 details the allegations of bribery behind Austria's banknote printing firm, Oesterreichische Banknoten-und Sicherheitsdruck, and its efforts to win bids to produce currency for Azerbaijan and Syria.

Australia announced new date (2013) notes

According to a post on the Reserve Bank of Australia web site, all denominations from 5 to 100 dollars have been produced dated (20)13.

Courtesy of Shane McCulloch (www.newcastlecoins.com.au).

Australia paper discussed the Next Generation Banknote Project

The Reserve Bank of Australia has published a PDF paper on the Next Generation Banknote Project, RBA's efforts to deter counterfeiting by enhancing the security of Australia's banknotes. One interesting finding is that the Australian public greatly exagerates the likelihood of receiving a counterfeit in circulation even though polymer fakes were virtually non-existent prior to 2010. Since then, rather convincing $50 fakes have been passed, and Mexico's 50-peso note was successfully counterfeited in 2012.

The "NGB" series will maintain the current serie's color schemes and people portrayed, and will also be printed on polymer, but with more complex designs, intaglio and offset printing, multiple see-through windows.

Australia chapter of The Banknote Book is now available

Australia cover
The Australia chapter of The Banknote Book is now available for individual sale at US$9.99, and as a free download to subscribers.

This 16-page catalog covers notes issued by the Reserve Bank of Australia from 1960 to present day. Published 2 August 2013.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote Book
If you collect the entire world or a large number of countries, buying a $99 annual subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the next 12 months.

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Australian mint releases coins featuring banknote designs

au20c2013banknotes
According to a post on World Coin News, "The Royal Australian Mint has released this uncirculated three coin set. The coin designs within are inspired by banknote designs originally issued 100 years ago; they feature iconic images of Australia's primary industries of the era. The ten shillings, one pound, and five pounds designs are all celebrated on the coins within this set."

Courtesy of Matt.

Reserve Bank of Australia to sell Securency to Innovia Film

According to a BBC News article dated 11 February 2013, the Reserve Bank of Australia has agreed to sell its 50% stake in Securency International for A$65m ($67m; £40m) to UK-based Innovia Films, which already owns the remaining 50%. Securency is the developer of polymer-based Guardian banknote substrate.

Courtesy of Aidan Work.

Australia polymer banknote scientist audio interview available online

Radio National has an interesting 10-minute interview with David Solomon, an Australian scientist who worked with the Reserve Bank of Australia to create polymer banknotes.

Australia new polymer note concepts cause controversy

According to an article in The Australian dated 27 September 2012, the Reserve Bank of Australia has been working on a top-secret project, dubbed Next Generation Bank Note, for the past five years, the goal of which is to issue a new series of polymer banknotes, breathing new life into the currency, helping it capture "characteristics of Australia" with "youthful" and "energetic design qualities" while giving the bank the opportunity to enhance security features.

The following concept banknotes from Melbourne designer Garry Emery were approved for further development in 2010, and show that Queen Elizabeth II had been removed from the 5-dollar note in favor of the father of Federation, Henry Parkes, and Australia's first female political candidate, Catherine Helen Spence. The RBA ultimately decided to keep QEII on this denomination, although final designs have not been chosen, and it will be several years before any new notes are introduced to the public.

The Australian article made such a fuss about the amount of money spent on this project (said to be AU$9.3 million by News Limited), much of it paid to non-Australian designers, that the RBA was forced to issue an official response.

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The design brief for the Reserve Bank’s new generation $5 bank note did not initially include the Queen. Instead Father of Federation Sir Henry Parkes was to be the star.

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Australia’s first female political candidate Catherine Helen Spence featured on a special commemorative $5 note back in 2001 and was set to return with a new portrait in Gerry Emery’s NGB design.

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RBA research shows most Australians cannot name the faces on our money. The lyrics to Waltzing Matilda help identify AB 'Banjo' Paterson instantly.

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Poets and writers feature heavily on Australian bank notes. The typewritten verse of poet and journalist Dame Mary Gilmore brings a haunting sense of authenticity to Garry Emery's NGB design for the tenner.

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Englishwoman Mary Reibey was transported to Australia as a convict but went on to become a successful businesswoman in Sydney. The RBA removed biography captions early on in the NGB project to avoid lecturing the public.

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The NGB design brief called for the expression of 'Australian characteristics'. The Reverend John Flynn, who founded what became the Royal Flying Doctor Service, is rendered before a dramatic outback scene.

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Allan 'Chirpy' Campbell the great-nephew of Aboriginal inventor and author David Unaipon has vowed to sue the Reserve Bank for $30 million over the 'unauthorised' use of Unaipon in the present $50 note. But he loves this new image.

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The new portrait of teacher Edith Cowan with outback kids captured a youthful spirit the design brief called for before the Reserve Bank returned to safer territory in later versions.

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Legendary diva Dame Nellie Melba was set for a spectacular return to her heyday in the new portrait commissioned but we're staying with the older stodgy image of today's $100 note.

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Sir John Monash, Australia's greatest general, knocked polar explorer Douglas Mawson off the $100 when our biggest note changed from paper to plastic in 1996.

Courtesy of Thomas Krause, Trevor Wilkin, Yves Courtemanche. Neale Vickery, Allan Tilley, and Aidan Work.

Australia new sig/date (2012) 10-dollar note confirmed

Australia_RBA_10_D_2008.00.00_P58_BL_12323306_f
10 dollars (US$10), (20)12. Like P58, but new date and new signatures (Glenn Robert Stevens and Martin Parkinson).

Courtesy of Thomas Krause.

Australia new date (2011) 50- and 100-dollar notes confirmed

50 dollars (US$53), (20)11. Like P60, but new date.

100 dollars (US$106), (20)11. Like P61, but new date.

Courtesy of Peter Mosselberger (www.banknote.ws).

Australia new sig/date (2012) 50-dollar note confirmed

Australia_RBA_50_D_2012.00.00_fAustralia_RBA_50_D_2012.00.00_r
50 dollars (US$52), (20)12. Like P60, but new date and signatures (Glenn Robert Stevens and Martin Parkinson).

Courtesy of Thomas Krause.

Australia new sig/date (2012) 5-dollar note confirmed

stevens-parkinson
5 dollars (US$5.20), (20)12. Like P57, but new date and signatures (Glenn Robert Stevens and Martin Parkinson).

Courtesy of Thomas Krause and Glenn Warren.

Australia new date (2010) 20-, 50-, and 100-dollar notes confirmed


20 dollars (US$21), (20)10. Like P59f, but new date.
50 dollars (US$53), (20)10. Like P60g, but new date.
100 dollars (US$105), (20)10. Like P61a, but new date.

All three denominations have the same signature combination shown above.

Courtesy of Kai.

Australian dated notes confirmed






I’ve recently received scans of polymer notes from Australia which differ from the regular issues in that these actually bear full dates overprinted on the notes, rather than just having serial numbers which start with the trailing two digits of the year.

I assume these dates correspond to the dates of introduction for each of these denominations and that the notes were issued as numismatic products, perhaps in a folder or as part of a matched serial number set. Does anyone have any additional information on these notes? If they were in fact issued in folders, please send scans of the folders, inside and out.

Courtesy of Thomas Krause.

New holographic technology has designs on banknote security

Technology continues to push the boundaries for banknote security holograms. Here, Dr Glenn Wood of the International Hologram Manufacturers Association looks at some of the latest developments.

Today, holographic technology remains very much to the fore as part of an array of overt features which make it quick and easy for people to recognise whether or not a banknote is bonafide. But new substrate technology, particularly the introduction of transparent ‘windows’ is being incorporated on banknotes to provide new levels of anti-counterfeiting complexity.

The commemorative 1,000 Tenge note produced by Papierfabrik Louisenthal for Kazakhstan and launched earlier this year takes optical sophistication to a new level. Not only does it feature a hologram showing typical rainbow colours but a small microlenticular patch viewed by transmission. The system is called Varifeye® and combines the best features of paper and polymer.


The optically variable feature on the new 1000 Tenge note of Kazakhstan showing microlenticular feature in the window and demetallised hologram below.

Previously, a deckle-edge window was created in the paper substrate during the process of cylinder-mould web formation as the stock fibers collect against the deckle, leading to the characteristic feather look. Latterly, the window has been cut into the paper after laminating to a polymeric layer. Then a clear stripe of film is laminated over it running from top to bottom of the note. The clear stripe contains the microlenticular image of a camel interchanging with the letter ‘K’ when tilted.

This feature can be viewed by transmission through the window. There is also a demetallised holographic image of the Astana Baiterek monument above the text ‘Organisation for Security & Co-operation in Europe’, interchanging with the date 2010 which are viewed by reflection where it falls over the paper. (This technology was first used on the Bulgarian lev banknotes in 2005, becoming the world’s first paper notes with see through window).

For polymeric substrates, the Bank of Australia has developed its Non-diffractive Switching Image (NSI). This appears like a dynamic watermark in the clear window of a polymer-based note. Being non-diffractive, the images are seen in varying shades of grey rather than rainbow colours and switching of the image elements occurs by rotation rather than tilting.

Mexico has also embraced new technology – the country’s 100 peso note has an ingenious feature which outwardly looks holographic but is in fact transparent optically variable inks (they are usually opaque) printed on the clear window of a polymer note. The viewer can look at the feature either by transmission or reflection. The inks change colour in both modes but the colours seen by transmission are the complementary colours of those seen by reflection.

The latest innovation in holographic technology which makes use of traditional (though modified) embossing technology is the Asterium feature from Toppan printing in Japan. Viewed in normal direct light this feature appears black but when inclined at an extreme angle, the rainbow colours of an embossed hologram appear. The important feature here is the optical black which gives a new aesthetic to documents and only reveals the colourful security feature as and when required.


Asterium from Toppan uses optical black in conjunction with a hologram.

Another innovator, Kurz, has developed a revolutionary wafer thin security photopolymer which can record a volume holographic image for banknotes produced for Swiss National Bank. Kurz’s success has been to develop the material thin enough for use on a banknote, especially given that the reason this is called a ‘volume’ hologram is that the interference fringes are recorded within the depth of the photo-sensitive material. Similar developments are taking place in Japan where Dai Nippon Printing is leading the way.

OVD Kinegram, a division of Leonhard Kurz, continues to push the boundaries with its Kinegram reColor®. This has been developed for use as a laminate in conjunction with a window or aperture in the banknote substrate, and provides fundamentally different, and unexpected, effects depending on whether the note is viewed from the front or reverse. On the front the viewer sees a normal metallised reflective, diffractive image, while the reverse view shows a patterned coloured foil also displaying the diffractive features. The trick is performed using different coloured resist lacquers in the demetallization process. More remarkable still is Kinegram reView® which appears the same, metallic color on both sides of the image although the images seen on the two faces can be different and unrelated to each other.


ReView from L. Kurz displays different holographic images when viewed from opposite side of a window.

One way or another, it seems that the window technology now becoming available to printers of banknotes is here to stay. Formerly, the opaque nature of security printing paper only allowed a watermark to be seen by transmission but most holograms are, by nature, transmissive and are rendered reflective by applying a metal coating. Once the opportunity is presented to allow them to be seen by transmission, as in a window, the opportunities for an optical tour de force are increased. This renders the note more visually attractive to inspectors and consumers and more difficult to simulate by counterfeiters.

However, here’s a cautionary word. Any trend towards simplification must be seen as a move in the right direction and run hand in hand with artists and graphic designers’ abilities to make good use of the media or of the public’s ability to appreciate and evaluate the security benefits offered by the latest technology. After all, it’s not as though holograms represent the only security feature on a banknote.

They are often one of many - for example, the 1000 Tenge note for Kazakhstan has at least 16 features including one to help the blind or partially sighted. So, it isn’t necessary to fill the hologram with every conceivable feature rather remember why the hologram was originally introduced: it provided a feature that could not be photocopied. Photopolymers provide this, so there’s no reason to suppose that holographic technology will not continue to be an integral security feature on future generations of banknotes.

END

The International Hologram Manufacturers Association (IHMA) is made up of 90 of the world's leading hologram companies. IHMA members are the leading producers and converters of holograms for banknote security, anti-counterfeiting, brand protection, packaging, graphics and other commercial applications around the world. IHMA member companies actively cooperate to maintain the highest professional, security and quality standards.

Issued on behalf of the IHMA by Mitchell Halton Watson Ltd. For further details contact Andy Bruce on +44 (0) 191 233 1300 or email andy@mhwpr.co.uk

Australia new date (2009) 50-dollar note confirmed


50 dollars (US$42.35), (20)09. Like P60, but new date.

Courtesy of Kai Hwong.

Documentary on Reserve Bank of Australia's bribery scandal

Four Corners has produced a documentary, Dirty Money, that explores how the central pillar of Australia’s financial system, the Reserve Bank, became ensnared in an international bribery scandal related to its polymer substrate subsidiary’s attempts to gain contracts around the world.

Courtesy of Kai Hwong.

Australia new date (2008) 10-dollar note confirmed


10 dollars (US$9). Like Pick 58, but new date (20)08 and new signatures.

Courtesy of Kai Hwong.

Australia new date (2008) 5-dollar note confirmed


5 dollars (US$4.50). Like Pick 57, but new date (20)08 and new signatures.

Courtesy of TDS.

Australia new date (2008) 20-dollar note confirmed


20 dollars (US$16.10), (20)08. Like Pick 59, but new date and new signatures (Glenn R. Stevens, Governor; Dr. Ken Henry, Secretary to the Treasury).

The Reserve Bank of Australia has apparently printed all denominations dated 2008, so all will eventually appear in circulation, though only the 20-, 50-, and 100-dollar notes have been confirmed to date.

Courtesy of Scott de Young.

Australia new date (2008) 100-dollar note confirmed

100 dollars (US$73), (20)08. Like Pick 55, but new date and new signatures (Glenn R. Stevens, Governor; Dr. Ken Henry, Secretary To The Treasury).

Courtesy of Christof Zellweger.

Portrait on Australian $50 used without permission?


According to a Telegraph article dated 28 November 2008, Allan "Chirpy" Campbell claims the Reserve Bank of Australia gained permission to use the image of celebrated indigenous author and inventor David Unaipon from a woman who was posing as his daughter, and did not obtain authorisation from a genuine family member.
"They jacked this woman up and proclaimed that she is the daughter of my uncle, and when we found out they blocked us and they chucked all the barricades there," he told the Australian Broadcasting Corporation (ABC).
"We are the family, I had to produce my genealogy, I had to produce my documents and documentation, they don't have to, they just say it, and they accepted it."
Mr Campbell, 61, travelled to Sydney this week to make his case for compensation to the Reserve Bank.
The bank, which has so far denied Mr Campbell's demands, refused to comment on the three-hour meeting, but made it known that it believes the appropriate advances to Mr Unaipon's family were made at the time the note was designed.
However, it is understood that those agreements were verbal and no official document of permission exists.
Mr Campbell, a lifelong campaigner for Aboriginal rights, has said he is willing to take the matter to court to obtain a "fair dinkum settlement". If successful, he plans to use the $30 million to start a charity for mentally ill children.
"They've got to renegotiate this time a proper settlement, not a tea leaf, sugar and flour syndrome, you know," he said.
"They've got no proof, no papers to show she is his daughter."
David Unaipon was Australia's first published indigenous author, an inventor and preacher from the Ngarrindjeri people of South Australia.
He held a patent for a sheep shearing mechanism that is depicted beside him on the $50 note.
In his work as a preacher, Mr Unaipon travelled widely and became well-known throughout Australia.
He lectured on Aboriginal legends and customs and also spoke of the need for "sympathetic co-operation" between whites and blacks, and for equal rights for all Australians.
He died in 1967. His image appeared on the $50 note from 1995 when the polymer bill was introduced.


The Unaipon case echoes the use, in 1966, of a bark painting by Arnhem Land artist David Malangi on the $1 note. It later emerged the artwork was reproduced without permission. Mr Malangi was compensated $1,000, a fishing kit and a silver medal.

Australia new date (2008) 50-dollar note confirmed


50 dollars (US$47.95), (20)08. Like P60, but new date and new signatures (Glenn R. Stevens, Governor; Dr. Ken Henry, Secretary To The Treasury).

Courtesy of Scott de Young.

Australia new date (2007) 20-dollar note confirmed


20 dollars (US$17.85), (20)07. Like SCWPM 59, but new date and new signatures (Glenn R. Stevens, Governor; Dr. Ken Henry, Secretary to the Treasury).

Courtesy of Frank Robinson.

Australia new dates (2005 and 2006) confirmed

5 dollars (US$3.95), (20)05. Like Pick 57, but new date. Signatures (I. Macfarlane, Governor; Henry, Secretary). Serial DD. Polymer.

10 dollars (US$7.90), (20)06. Like Pick 58, but new date. Signatures (I. Macfarlane, Governor; Henry, Secretary). Serial BH. Polymer.

20 dollars (US$15.80), (20)05. Like Pick 59, but new date. Signatures (I. Macfarlane, Governor; Henry, Secretary). Serial CJ. Polymer.

50 dollars (US$39.45), (20)05. Like Pick 60, but new date. Signatures (I. Macfarlane, Governor; Henry, Secretary). Serial HE. Polymer.

Australia’s Reserve Bank annual report findings

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