Collecting Banknotes

Collectible banknotes displayed in a cabinet, with a magnifying glass /

Banknotes are a popular collectable and offer a perspective on Australia's culture and history.

Many investors collect banknotes based on serial numbers or signature combinations. Australian banknotes issued since 1993 include the year of manufacture in the banknote's serial number, enabling collectors to acquire banknotes based on the year they are produced.

The following information is provided for those interested in collecting Australian banknotes.

Numismatic Banknote Arrangements

One thousand pounds Australian banknote.

To mark the launch of the new $5, $10 and $50 banknotes, the Reserve Bank made two commemorative products available to the public via a range of retailers.

Wholesale purchases are now closed. Please direct retail product purchase queries to one of the listed retailers:

Banknote Valuations

The Reserve Bank redeems all previously issued of genuine Australian banknotes at face value. Although they are not obliged to do so, most commercial banks will also redeem old Australian banknotes at face value. Any reluctance to accept these banknotes may simply reflect that their tellers are unfamiliar with the designs and security features of the old banknotes.

Some old banknotes may be valuable as collector items. The Reserve Bank does not provide opinions concerning the market value of old, rare or misprinted banknotes. Old banknotes may be appraised by a reputable banknote and coin dealer. The Reserve Bank does not endorse any particular organisation, but a number of Australian banknote and coin dealers are members of the Australasian Numismatic Dealers Association Inc.