Australia 1968 $10 R303S Phillips/Randall Uncirculated Star Note
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A sensational opportunity for the astute collector, we are proud to present the 1968 $10 R303S Phillips/Randall Uncirculated Star Note – the very last $10 Star Replacement Note that was issued in Australia!
First issued in the late 1940s, Star Replacement Notes were created to swap with notes that had been damaged in the production process, or were in some other way faulty. This continued after the introduction of decimal currency, until the early 1970s, when automated processes rendered the creation of Star Notes obsolete. Thus, it was during the Phillips/Randall signature combination that the nation’s final $10 Star Note would be released. This is your opportunity to add this landmark issue to your collection!
Rare in any quality, there is no question that the 1968 $10 R303S Phillips/Randall Star Note is extremely rare in superior grade. Seldom offered, we have this crucial ‘last of its kind’ type in strictly Uncirculated quality. Click add to cart now!
About Star Notes…
The ‘Glamour notes of Australian numismatics’!
The ‘glamour notes’ of Australian numismatics, Star Replacement Notes are sought after for their rich history, distinctive nature – and extreme rarity. Indeed, seldom seen on the market, Star Notes rank among Australia’s greatest rarities across the predecimal and decimal fields.
Distinctive in appearance, the Star Note was introduced in 1948 to aid the speed of note production. Instead of creating a hand-printed replacement bearing the same serial number as a faulty or damaged note, as had been the case in the past, the Star Note was given a new serial with no relation to the number of the withdrawn note. Each replacement note carried a 5-digit serial number, ending with a star during the predecimal period – hence the name – and an asterisk during the decimal era.
Printed in tiny numbers from 1948 until the early 1970s, when automated processes rendered the practice unnecessary, Australian Star Notes were naturally created with the specific intent of being issued for circulation. As Australian paper banknotes had a relatively short lifespan, it is logical that most Star Notes will have been withdrawn from circulation by the authorities and destroyed. And, of surviving examples, most will have suffered extensive circulation.
As a result, whilst rare in any condition, all Star Notes are excessively rare when found in the upper echelons of quality.
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