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Post Number:#1  PostPosted: 15 Aug 2016 06:37 
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Joined: 18 Nov 2008 21:50
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Location: South Pacific
Notes over 10 pounds out of currency Australia 1945
The object was is to combat note-hoarding for tax evasion and blackmarketing.
The final issue of Fifty-pound notes was made on June 3 1940 with serial numbers Y379501 to 608000. These notes had medium seriffed serial numbers with a bold Y prefix with the same signatures – C. J. Cerutty and J. R. Collins. Both the Fifty and Hundred pound notes of the first design continued to be issued until the announcement on May 31 1945 that all notes over the value of £10 would no longer be legal tender after August 31 1945. By June 1950 records show that only 1,343 notes remained in circulation. As notes were officially written off if not redeemed within forty years of date of issue there are now officially no notes left in circulation.
Reg :hno:

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