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  • Official Reserve Bank 25th Anniversary Australia Decimal Changeover banknote set

  • Contains all pre-decimal and corresponding decimal bank notes in mint condition and matching last prefix numbers

  • In original Reserve Bank leather bound display book

  • Only 800 sets ever released worldwide

Australia's Decimal Changeover Set

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In the late 1950s, under the guidance of the Decimal Currency Committee, the Australian Government began to consider replacing the imperial system of pounds, shillings and pence with decimal currency – an innovation that had been contemplated since the beginning of the 20th century.

Decimal currency simplified calculations, increasing financial efficiency. However, it represented a radical change to the customary transactions made daily by the nation. In 1963, the government announced that it would introduce decimal currency in 1966.

A new series of coins and banknotes was designed as part of the introduction of decimal currency, with imagery that enhanced a sense of the country's distinctive identity. 

Monday 14 February 1966, became known as 'C-Day' (Conversion Day). 

The Reserve Bank of Australia oversaw the design and production of the new decimal banknotes for the $1, $2, $10 and $20 denominations. In April 1964, the concept designs by Gordon Andrews were accepted and detailed design work began.

The new decimal currency banknotes by the designer Gordon Andrews (1914–2001) exhibited colours and designs that were bolder and more vivid than the subdued tones of the previous banknotes. 

The portraits depicted on the decimal banknotes also presented a broader range of national figures, industries and enterprises than the earlier banknotes, which had stressed the country's economic development. The new designs reduced this emphasis, but continued to represent the country's agricultural industries, with wool and wheat symbolised on the $2 banknote through John Macarthur and William Farrer, the ‘pastoral design’ as Andrews termed it. Contributions to the arts in Australia were represented through the architect, Francis Greenway, and the poet and writer, Henry Lawson, who appeared on the $10 banknote. Sir Charles Kingsford Smith and Lawrence Hargrave signified Australia's influence in the sphere of aviation and aeronautics on the $20 banknote. 

To celebrate the 25th anniversary of this event in 1991 The Reserve Bank of Australia released an official leather-bound book that includes extensive notes on each pre-decimal and decimal bank note included in this set with only 800 sets ever released. Each note is in mint condition from the Reserve Bank archives, as well as each note has the same matching last three prefix numbers.


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