41–50 of 111 posts
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. :)
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.
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.
Not with 480 million of them circulated, it won't be.
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'.
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.
Rare but otherwise correct coins or bills likewise carry a markup -- wheat pennies, buffalo nickels, etc.
Mistakes are usually scarce enough that their rarity is exceptional. Were currency errors commonplace, they would not be seen as valuable.
In 2007, the U.S. accidentally minted some Presidential dollars that lacked "In God we trust" [1] [2]. In good condition, one is worth a few hundred dollars.
[1] https://www.cbsnews.com/news/godless-dollar-coins-slip-throu...
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.
Earlier quoted context omitted.
50 AUD is always 50 AUD, but it's not necessarily worth the same amount of burgers
unless there is a denomination...
Earlier quoted context omitted.
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'.
You clearly have never been to Australia.