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1988 $10 Uncut Full Sheet 24 Polymer Notes |
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A total of 500 Full Sheets (24 Notes) were released by the Reserve Bank in 1988. Each note on the sheet is a Johnston/Fraser Polymer $10 Note. Valuation :
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| CFU | |
| 2000 | 850 |
Notes:
A small number of full sheets were sold by the Reserve Bank via ballot for $945. The majority were sold via tender - won by M. R. Roberts, Wynyard Coin Center in Sydney. These were then offered for sale at $635 per sheet.These uncut sheets were the first to be released in Australia. With no previous market experience by which to value the issue and an expectation that this was to be a once-only opportunity to obtain uncut note sheets, there was considerable pricing volatility in the first couple of years. By 1990, the sheets were being sold for astronomic prices upwards of $7,000. The decision by Note Printing Australia to release new uncut note products in subsequent years has resulted in a significant fall in the valuation of this first uncut note issue.
A further 1,000 Half Sheets of 12 notes, 1,500 Blocks of 4 notes and 1,500 Strips of 4 notes were released by the Reserve Bank.
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