History was made in the world of banknotes on 27th January, 1988 when the first polymer note, a $10, was released into general circulation. This note is the brainchild of Note Printing Australia (NPA), Australia's leading security printer and the Commonwealth Scientific and Industrial Research Organization (CSIRO), the Federal Government research institution.
A sophisticated Optically Variable Device (OVD) is a key security feature of this $10 polymer note. It was developed by NPB and is introduced with this note in the RBA's campaign against the counterfeiters. The OVD is a NPA development and this is its first appearance.
* Commemorative Bicentennial issue - 200th anniversary of European settlement in Australia.
* The world’s first ever Polymer note!
* The first banknote to feature an Optically Variable Device (OVD).
* The 1988 Australia $10 Bicentennial Polymer note is extremely hard to find in high grade!
The obverse of the bill features the sailing ship HMS Supply anchored at Sydney Cove with the early colony in the background. Above are people who symbolize all who have contributed to Australia, from left the early settlers to right the modern working man.
The reverse includes portraits of the aboriginal population, the main picture is a young native youth with ceremonial paint, and in the background is a Morning Star Pole, other Aboriginal artworks commissioned by the Bank and a human like figure from Dreamtime.
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