One Dollar Knight Wheeler Test Banknotes

$725.00
R076bi 1976 Uncirculated

Signature: Knight/Wheeler.
Serial Numbers: 421532/31/30.
Test Banknotes Thick Paper. Serial Numbers Under: 499.999.

Category:

Description

Knight Wheeler Trio DBP issued under 500.000. These banknotes were issued to test the long term effects of thick paper production in 1976. After production research by The Reserve Bank printing up to 500.000.00. banknotes, the discovery was they lasted no longer than the thin paper issues serial numbers over 500.000. Therefore they were discontinued in 1976. With only 499.999. printed this banknote is in huge demand by collector alike. TRN offer an uncirculated trio with the centre thread. The thick paper banknotes are under 499.999. were test banknotes unbeknown to the public. And withdrawn with 6 months of issue due to their poor paper design.

Reverting as all decimal paper banknotes were to thin paper as was the case until the withdrawal of paper money in 1992. The experiment was an abject failure on the part of Note Printing Australia, during this time Polymer banknotes were introduced in 1988, avoiding further embarrassment to NPA.

This in turn has led to those banknotes that have survived in Uncirculated to reach prices in excess of $240.00. These banknotes being Knight/Wheeler banknotes index 499.999. have attracted an annual capital from 1976 when the value was $10.00. of 10% compounded interest, the reality is up to 2014 the capital growth is $17.8%.

We offer this trio, as one very rarely seen, if at all, in many years. This represents as a trio a wonderful long term investment, in 2015 there value was $100.00. According to my company research we are the numismatic dealer offering a trio.

There is one single banknotes also available for sale.

Renniks: R76bi.
Signature: Knight/Wheeler.
Serial Numbers: 421532/31/30.
Test Banknotes Thick Paper. Serial Numbers Under: 499.999.
Code: AB.