Australia 1969 $1 R73S Phillips/Randall Uncirculated Star Note

An irresistible opportunity for the serious collector, we are delighted to present the 1969 $1 R73S Phillips/Randall Uncirculated Star Note – the very last $1 Star Replacement Note issued in Australia!

Beginning in the late 1940s, Star Notes were issued to replace damaged or otherwise faulty banknotes until the early 1970s, when automation rendered the practice obsolete. As fate would have it, the Phillips/Randall signature combination would be the last during which $1 Star Notes were released. This is your chance to add this landmark issue to your collection!

Issued in tiny numbers, and rare in any condition, there is no doubt that the last $1 Star Replacement Note is very rare when found in superior grade. A fantastic opportunity for you to take your collection to a new level, we have two examples of this ‘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note, as had been the case in the past, the Star Note was given a new serial with no relation to the number of the withdrawn note.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 As Australian paper banknotes had a relatively short lifespan, it is logical that most Star Notes will have been withdrawn from circulation by the authorities and destroyed.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.