Thread: Monetary finds

On second thoughts...............

https://www.downies.com/australia/st...ct.asp?id=2971

I think I might keep them


did I mention?

I think the old paper dollar notes are still legal tender and maintain face value, however if they in mint unissued condition they will fetch more, rip down the bank.

The old pound notes have only collector value now, I am pretty sure u cant cash them in anymore, my father in law has a biscuit tin full of pound notes his mum kept in the freezer

Stick them on ebay

try contacting a coin dealer

All previous notes remain legal tender and can be cashed at any bank, as I understand, but you may well get more for them from a coin dealer or on e-bay. Note that there are differences and some of them may be worth more than others depending on when they were printed - some years relatively few were printed, and so become rarities and sought by people who want to make a complete collection.

I remember about thirty years ago the company I worked for , among other things, drilled water bores. One grazier paid for a bore in cash - with George V five pound notes. Bank took them without a murmur, but one would suspect the ATO had never heard of them!

John

Just prior to the introduction of decimal currency, I had a short term job installing gas appliances. The cashiers at the offices were telling us about the bundles of old mouldy smelling notes that were being produced to pay for new appliances. George 5 & 6 were common, and on one occasion, a bundle of notes that promised payment in gold at "the Commonwealth Sub-treasury at the seat of Government." I bought a one pound note of this lot from the cashier and still have it. A dealer dated it to 1917-20. People with depression era and WWII black market hoards were seemingly worried that their old notes would no longer be legal tender, and, as JD said, the ATO had never heard of them so they were frightened to bank them.