Australia first banknote fetches RM1m

One of its kind: A consultant at Noble Numismatics holding the only known specimen of Australia's first official banknote in Sydney. - AFP

SYDNEY: The only surviving example of Australia’s first official banknote exceeded expectations when it was auctioned for A$334,000 (RM1mil), officials said.

The 10 shilling note – one of 100 issued in 1817 by the Bank of New South Wales (now called Westpac) on the day it opened – attracted bids from around the world, said Jim Noble of Noble Numismatics, which handled the sale.