Australian 1 dollar note
Encyclopedia
The Australian one dollar note was introduced in 1966 to replace the 10 shilling note due to decimalisation
Decimalisation
Decimal currency is the term used to describe any currency that is based on one basic unit of currency and a sub-unit which is a power of 10, most commonly 100....

. The note was issued from its introduction in 1966 until its replacement by the dollar coin in 1984. Approximately 1.7 billion one dollar notes were printed.

Printing

During the note's issue, between its introduction and 1974, The note bore "Commonwealth of Australia" as the identification of country. At least 680,000,000 notes were printed in this time period. After 1974 and until the dollar coin was introduced in 1984, the note bore "Australia" as its identification of country. Around 1,020,000,000 such notes were printed after 1974.

Design

The Australian one dollar note was designed by Gordon Andrews, the design being accepted in April 1964. The note features Her Majesty Queen Elizabeth II
Elizabeth II of the United Kingdom
Elizabeth II is the constitutional monarch of 16 sovereign states known as the Commonwealth realms: the United Kingdom, Canada, Australia, New Zealand, Jamaica, Barbados, the Bahamas, Grenada, Papua New Guinea, the Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Belize,...

 on the obverse with the Australian Coat of Arms. This portrait was based on a photo taken by Douglas Glass. The obverse of the note features Aboriginal Contemporary Art created by David Malangi
David Malangi
David Malangi was an Indigenous Australian Yolngu artist from the Northern Territory. He was one of the most well known bark painters from Arnhem Land and a significant figure in contemporary Indigenous Australian art. He was born at Mulanga, on the east bank of the Glyde River.He painted on...

.

Security Features

The paper design included a watermark
Watermark
A watermark is a recognizable image or pattern in paper that appears as various shades of lightness/darkness when viewed by transmitted light , caused by thickness or density variations in the paper...

 of Captain James Cook
James Cook
Captain James Cook, FRS, RN was a British explorer, navigator and cartographer who ultimately rose to the rank of captain in the Royal Navy...

in the white field; the watermark was also used in the last issue of pound banknotes. A metallic strip, first near the centre of the note, then from 1976 was moved to the left side on the obverse of the note.

Removal from circulation

The one dollar note was replaced by the current gold-coloured coin on 13 May, 1984 due to the longer service life and cost effectiveness of coins. These notes can be redeemed at face value by the Reserve Bank of Australia., but numismatics and note collectors may pay a higher price for these notes depending on age and condition.
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