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$3.6 Million Bank Notes

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Australia's First Bill Was Printed 100 Years Ago and is up for Auction

Australia's first bill was printed 100 years ago and is up for auction for $3.6 million dollars. The idea behind printing a bank currency note in Australia started with the Prime Minister of Australia Andrew Fisher, who felt that there needed to be a national sense of identity, post the colonial era in the country. Australia's first bill was a $10 note.

This bank note has a long history, it was first given as a gift to Judith Denman. It was almost misplaced in her belongings before being discovered 12 years after her death; it was found in a part of the clearance of her belongings. The historical note has passed through many hands since and the value has grown exponentially; going from an item that was almost lost forever to this current auction where it is estimated to fetch $3.6 million dollars.

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