Australian two-dollar note
{{Short description|Former denomination of Australian currency}}
{{Use dmy dates|date=December 2023}}
{{Use Australian English|date=December 2013}}
{{Infobox banknote
| country = Australia
| denomination = Two Dollars
| value = 2
| unit = Australian dollars
| width_mm = 145
| height_mm = 72.5
| security_features = metallic security thread, Watermark
| paper_type = Cotton fibre
| years_of_printing = 1966–1987
| obverse = Australian $2 - original series - obverse.jpg
| obverse_design = John Macarthur and Merino sheep
| obverse_designer = Gordon Andrews
| obverse_design_date = 1965
| reverse = 1966 Australian $2 note back.jpg
| reverse_design = William Farrer and Wheat
| reverse_designer = Gordon Andrews
| reverse_design_date = 1965
}}
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.
Security features
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 coin
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,[http://banknotes.rba.gov.au/australias-banknotes/redeeming-old-banknotes/ Redemption of old Australian Banknotes |publisher= Reserve Bank of Australia] but numismatics and note collectors may pay a higher price for these notes depending on age and condition.
References
{{Portal|Money}}
{{Reflist}}
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- {{cite book | title=Renniks Australian Coin and Banknote Values | edition= 19th | editor=Ian W. Pitt | publisher=Renniks Publications | location = Chippendale, N.S.W. | year=2000 | isbn=0-9585574-4-6 }}
{{refend}}
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{{succession box | title=Two Dollars (Australian) | before=One pound note (Australian) | after=Two dollar coin (Australian) | years=1966–1988 }}
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{{Australian currency}}
Category:Banknotes of Australia
Category:Currencies introduced in 1966
Category:Two-base-unit banknotes
Category:Macarthur family (Australia)
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