Pre-Decimal Australian Banknotes - A Glimpse into Australia's Monetary Past
Our selection provides you with a unique opportunity to journey back in time and explore the currency system that existed in Australia before decimalisation in 1966.
Why Explore Pre-Decimal Australian Banknotes at Jaggards:
- Historical Significance: Each pre-decimal banknote is a tangible piece of Australia’s monetary history, reflecting the nation’s financial evolution before the introduction of the decimal system.
- Rare and Collectible: Our collection includes rare and highly collectible pre-decimal banknotes that can be the crown jewel of any currency collection.
- Expertly Sourced: Jaggards, as one of Australia’s oldest banknote dealers since 1963, leverages decades of expertise to source these historical banknotes from reputable collectors and dealers.
- Diverse Range: Explore a diverse range of pre-decimal banknotes, including those from various Australian states and territories, each with its unique designs and heritage.
Jaggards is your trusted partner for savouring Australia’s history
Jaggards stands at the forefront of numismatic excellence, offering enthusiasts and investors a gateway to some of the most coveted pre-decimal notes. Our reputation for quality, authenticity and unparalleled expertise makes us the premier choice for building a distinguished currency collection. We are here to answer your questions and offer unmatched insights to help you build your trove of rare coins and notes.
At Jaggards, we believe each note tells a story, and we are committed to ensuring that our clients can own a piece of Australia’s past. Our curated selection undergoes rigorous authentication processes, guaranteeing that every item we offer meets the highest standards of collector expectations.
FAQs
Why Did Australia Switch to Decimal Currency? 
- Complexity: The £/s/d system was cumbersome for calculations.
- Global Shift: Many countries (including the UK later) moved to decimal systems.
- Modernisation: Easier for trade, banking, and everyday transactions.
What was before decimal currency in Australia?
Before Australia switched to decimal currency in 1966, it used the Australian pound (£) system:
- 1 pound (£1) = 20 shillings
- 1 shilling (1s) = 12 pence
- 1 penny (1d) = 4 farthings
Coins included pennies, shillings, and threepence, while notes were in pounds and shillings. On 14 February 1966, Australia adopted dollars and cents ($1 = 10 shillings). Pre-decimal coins are now collectibles.
What are pre-decimal Australian banknotes?
Pre-decimal Australian banknotes refer to the currency used in Australia before the country transitioned to the decimal currency system in 1966. These banknotes were denominated in pounds, shillings, and pence and are valuable collector’s items today.
Are pre-decimal Australian banknotes legal tender today?
No, pre-decimal Australian banknotes are no longer considered legal tender. However, they hold significant value among collectors and enthusiasts due to their historical importance and rarity.
What is the significance of rare serial numbers on pre-decimal banknotes?
Rare serial numbers, such as unique or sequential combinations, can significantly enhance the value and collectibility of pre-decimal Australian banknotes. They are sought after by collectors for their uniqueness and historical appeal.
