Catalog
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| Issuer | Reserve Bank of Australia |
|---|---|
| Year | 1966-1973 |
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| Reference(s) | P#41 |
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|---|---|
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| Signature(s) | Coombs & Wilson Coombs & Randall Phillips & Randall Phillips & Wheeler |
| Protection type | Watermark |
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| Comments |
Australia's 1966 decimal changeover was one of the most compressed currency conversions attempted by any developed economy — the government gave the public just over two years of preparation before pound sterling notes ceased to be legal tender. This $20 note entered circulation on 14 February 1966, the day Australia switched, and the denomination itself was deliberately set at the equivalent of the old £10 to ease public mental arithmetic during the transition.
Four signature combinations exist across the series, reflecting turnover at the Reserve Bank governorship and the secretaryship of the Treasury — the Phillips/Wheeler pairing being the latest and consequently the most common. Coombs/Wilson, from the first year of issue, attracts the strongest collector premium.