A rare $5 note is now worth up to $1,850—do you have these in your wallets?
By
VanessaC
- Replies 16
The thrill of finding a forgotten $5 note in an old pair of jeans or a seldom-used handbag is a joy many of us have experienced.
But what if that humble $5 note could actually be worth a small fortune?
In a fascinating twist of fate, a particular $5 note issued in 1995 is now worth up to a staggering $1850.
But there's a catch—it must have the right serial number.
In the mid-90s, the Reserve Bank of Australia decided to give the $5 note a makeover.
The old-style polymer notes were recoloured to a brighter pink hue to distinguish them from the $10 note.
This first batch of revamped notes, known as the Fraser-Evans $5 note, was assigned the first prefix HC95 at the start of the serial number.
These notes, now discontinued, have become a hot commodity among rare currency collectors.
The allure lies in the HC95 serial number, a unique identifier that marks the note as part of the first batch issued on April 24, 1995.
M.R. Roberts Wynyard Coin Centre, one of Australia's leading coin and currency dealers, is currently selling this note for $1,200, a price they claim is a significant discount.
'We are offering the Fraser/Evans “HC95” first serial prefix $5 with narrow orientation bands in Crisp Flat Uncirculated condition, which were put away 26 years ago,' the Sydney-based dealer said.
'These very scarce notes we have seen priced elsewhere at $1625 each and they currently catalogue at $1850 each.'
The note itself is a piece of Australian history.
On the front, it features a portrait of the late Queen Elizabeth II.
While the reverse side showcases a sketch of the Old Parliament House and the new Parliament House.
The World of Rare Currency Collecting
Currency collecting, or numismatics, is a hobby that can be both fascinating and lucrative. Collectors often seek out rare or unusual coins and notes, with some willing to pay top dollar for the right piece.
The value of a coin or note is determined by several factors, including its condition, rarity, and historical significance.
For example, coins from ancient Rome or Greece can fetch high prices due to their age and historical importance.
Similarly, a note or coin with a printing error can be worth a lot more than its face value because of its rarity.
However, it's not just old or rare notes that can be valuable. Even modern coins and notes can be worth more than their face value if they have certain features.
For example, a $1 coin with a particular mint mark or a $5 note with a specific serial number can be worth a lot more than you might think.
So, it might be time to rummage through your old wallets, check under the couch cushions, and delve into the depths of your handbags. Who knows, you might just be sitting on a small fortune!
What's the most valuable coin or note you've ever found? Share your stories with us in the comments below.
But what if that humble $5 note could actually be worth a small fortune?
In a fascinating twist of fate, a particular $5 note issued in 1995 is now worth up to a staggering $1850.
But there's a catch—it must have the right serial number.
In the mid-90s, the Reserve Bank of Australia decided to give the $5 note a makeover.
The old-style polymer notes were recoloured to a brighter pink hue to distinguish them from the $10 note.
This first batch of revamped notes, known as the Fraser-Evans $5 note, was assigned the first prefix HC95 at the start of the serial number.
These notes, now discontinued, have become a hot commodity among rare currency collectors.
The allure lies in the HC95 serial number, a unique identifier that marks the note as part of the first batch issued on April 24, 1995.
M.R. Roberts Wynyard Coin Centre, one of Australia's leading coin and currency dealers, is currently selling this note for $1,200, a price they claim is a significant discount.
'We are offering the Fraser/Evans “HC95” first serial prefix $5 with narrow orientation bands in Crisp Flat Uncirculated condition, which were put away 26 years ago,' the Sydney-based dealer said.
'These very scarce notes we have seen priced elsewhere at $1625 each and they currently catalogue at $1850 each.'
The note itself is a piece of Australian history.
On the front, it features a portrait of the late Queen Elizabeth II.
While the reverse side showcases a sketch of the Old Parliament House and the new Parliament House.
The World of Rare Currency Collecting
Currency collecting, or numismatics, is a hobby that can be both fascinating and lucrative. Collectors often seek out rare or unusual coins and notes, with some willing to pay top dollar for the right piece.
The value of a coin or note is determined by several factors, including its condition, rarity, and historical significance.
For example, coins from ancient Rome or Greece can fetch high prices due to their age and historical importance.
Similarly, a note or coin with a printing error can be worth a lot more than its face value because of its rarity.
However, it's not just old or rare notes that can be valuable. Even modern coins and notes can be worth more than their face value if they have certain features.
For example, a $1 coin with a particular mint mark or a $5 note with a specific serial number can be worth a lot more than you might think.
So, it might be time to rummage through your old wallets, check under the couch cushions, and delve into the depths of your handbags. Who knows, you might just be sitting on a small fortune!
Key Takeaways
- A rare $5 note issued in 1995 is now worth up to $1850 if it has the HC95 serial number.
- These notes were the first batch of recoloured, brighter pink bills, known as the Fraser-Evans $5 note.
- Discontinued notes with the first or last prefix are particularly sought after by rare currency collectors.
- The Wynyard Coin Centre in Sydney is selling the note for $1200, which they claim is a significant discount.