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The E-Sylum:  Volume 11, Number 4, January 27, 2008, Article 29

POLYMER BANKNOTE TWENTIETH ANNIVERSARY CELEBRATED

[According to a news reports, today is the twentieth birthday
of the polymer banknote.  Happy Birthday!  -Editor]

The polymer banknote turns 20 on Sunday, with manufacturer
Securency International celebrating the release of the $10
note, which was released to commemorate Australia’s bicentenary
in 1988. Following the success of the $10 note, the Reserve Bank
released a full series—from $5 to $100 notes—between 1992 and
1996.

"Polymer banknotes were developed after high quality
counterfeits of the 1966 Australian decimal paper series
were detected in circulation.

The Reserve Bank worked with the Commonwealth Scientific
and Industrial Research Organisation (CSIRO) to develop
new banknote material with higher security and improved
durability.

To read the complete article, see:
Full Story

  Wayne Homren, Editor

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