Commonwealth of Australia Specimen Banknote.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:0.00 USD Estimated At:200.00 - 400.00 USD
Commonwealth of Australia Specimen Banknote.

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Auction Date:2010 Apr 15 @ 11:00 (UTC-4 : AST/EDT)
Location:Crowne Plaza Hotel. 401 South Van Brunt St, Englewood, New Jersey, 07631, United States
1959, $1000. 20 Year, 5 1/2%, Authorized and Issued $25,000,000, Rose-red border and underprint, Arms of Australia in middle. Specimen overprints and POC's. Coupons attached. XF condition. From a new find of Hamilton BNC specimens and proofs. Rare Australian bond and first time seen by cataloger. If this were an American Federal bond, it would be estimated for 10 times this Australian example. Very under appreciated but important Australian fiscal item. HBNC.