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RBA not fazed by Australian $50 note typo

watoday.com.au

31–40 of 111 posts

Re: RBA not fazed by Australian $50 note typo

#31
post #29

Once they correct the mistake, those notes will be worth a fortune to collectors in a couple decades. Collectors love errors. And since the history is well documented online you get a bonus of free provenance.

They don't plan to recall them. Collectors love errors mainly because they're rare. There's 480 million of these and they'll never be worth much more than 50 AUD.

Re: RBA not fazed by Australian $50 note typo

#32
post #31
post #29

Once they correct the mistake, those notes will be worth a fortune to collectors in a couple decades. Collectors love errors. And since the history is well documented online you get a bonus of free provenance.

They don't plan to recall them. Collectors love errors mainly because they're rare. There's 480 million of these and they'll never be worth much more than 50 AUD.

With inflation, they'll be worth less than 50 AUD. :)

Re: RBA not fazed by Australian $50 note typo

#33

This is the appropriate response to an error: "nobody died". I can't help but wonder what would have been the response if this happened in the US? I assume a full news cycle would be taken up with opportunistic politicians trying to score points by ascribing blame to their enemies.

Typogate? In all serious things of similar or greater magnitude than this happen all the time in the US and usually don't get very much attention

Re: RBA not fazed by Australian $50 note typo

#35

This is the appropriate response to an error: "nobody died". I can't help but wonder what would have been the response if this happened in the US? I assume a full news cycle would be taken up with opportunistic politicians trying to score points by ascribing blame to their enemies.

I think you have it the other way round. "nobody died" is the pithy and fun response from a politician trying to deflect and score points by being pithy and fun. The standard of error of the part of the government that, you know, prints money should probably be a lot higher than 'nobody died'.

Re: RBA not fazed by Australian $50 note typo

#36
post #32
post #31

Earlier quoted context omitted.

They don't plan to recall them. Collectors love errors mainly because they're rare. There's 480 million of these and they'll never be worth much more than 50 AUD.

With inflation, they'll be worth less than 50 AUD. :)

Even with inflation, they'll be worth 50 AUD. But you won't be able to buy as much with it.

Re: RBA not fazed by Australian $50 note typo

#37
post #14

Not nearly as bad as the Canadian $20 note depicting a Norwegian maple leaf (7 points) instead of a Canadian maple (5 points).

Well, that one at least makes sense historically.

After all, we -Norsemen, that is- were there way before the British and French.

https://en.m.wikipedia.org/wiki/L%27Anse_aux_Meadows

:)

Re: RBA not fazed by Australian $50 note typo

#39
post #37
post #14

Not nearly as bad as the Canadian $20 note depicting a Norwegian maple leaf (7 points) instead of a Canadian maple (5 points).

Well, that one at least makes sense historically. After all, we -Norsemen, that is- were there way before the British and French. https://en.m.wikipedia.org/wiki/L%27Anse_aux_Meadows :)

Uhh but weren't the maple trees there before that?

Re: RBA not fazed by Australian $50 note typo

#40
post #29

Once they correct the mistake, those notes will be worth a fortune to collectors in a couple decades. Collectors love errors. And since the history is well documented online you get a bonus of free provenance.

Interesting that a typo could actually create value.
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