Ultimate Collector’s Guide to the Australian $20 Note – Full List, History, Varieties, Security Features, and Value Chart
The Australian $20 note is one of the most visually striking and historically rich denominations in the country’s currency system. Beyond its everyday use, it’s a sought-after collectible due to its evolving designs, notable historical figures, and rare serial number varieties. This guide offers a complete breakdown of the $20 note’s history, its transition from paper to polymer, security features, collector varieties, and estimated market values.
1. Introduction to the Australian $20 Note
The Australian $20 note was introduced on 14 February 1966, the day Australia officially adopted decimal currency, replacing the £10 note. This was part of a major monetary reform that modernised the nation’s banking system and made everyday transactions simpler.
2. History of the $20 Note
2.1 Paper $20 Notes (1966 – 1994)
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Material: Cotton fibre paper
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Primary Colour: Orange
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Front Design: Sir Charles Kingsford Smith, legendary aviator.
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Back Design: Lawrence Hargrave, aeronautical inventor.
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Security Features: Watermark of Captain James Cook, metallic security thread.
Notable Early Issues
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1966 Coombs/Wilson First Issue – Rare and valuable, especially with consecutive serial numbers.
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1967 Coombs/Randall – Scarce due to short printing period.
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1972 Phillips/Wheeler – More common but valuable in UNC condition.
2.2 Polymer $20 Notes (1994 – Present)
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Material: Biaxially oriented polypropylene (BOPP) polymer.
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Front Design: Mary Reibey – Former convict turned successful businesswoman and philanthropist.
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Back Design: Reverend John Flynn – Founder of the Royal Flying Doctor Service.
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Security Features: Clear window, microprinting, shadow images, tactile features for the vision-impaired.
Generations of Polymer $20 Notes
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First Polymer Series (1994) – Retained similar design elements from paper notes but upgraded security.
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Next Generation Banknote Series (2019) – Brighter colours, updated portraits, new tactile features, enhanced microtext.
3. Security Features Across the Years
Paper Notes (1966–1994)
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Watermark of Captain Cook
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Security thread
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High-quality intaglio printing
Polymer Notes (1994–Present)
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Transparent security window with distinctive patterns
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Rolling colour effect
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Microtext and shadow image
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Fluorescent ink under UV light
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Raised ink printing
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Tactile dots for accessibility
4. Complete List of Australian $20 Note Issues
| Year | Material | Signatories | Front Design | Back Design | Notes |
|---|---|---|---|---|---|
| 1966 | Paper | Coombs/Wilson | Kingsford Smith | Hargrave | First decimal $20 note |
| 1967 | Paper | Coombs/Randall | Kingsford Smith | Hargrave | Scarce, short print run |
| 1972 | Paper | Phillips/Wheeler | Kingsford Smith | Hargrave | Common in circulated form |
| 1974 | Paper | Knight/Wheeler | Kingsford Smith | Hargrave | Higher value in UNC |
| 1983 | Paper | Johnston/Fraser | Kingsford Smith | Hargrave | Later paper series |
| 1994 | Polymer | Fraser/Evans | Mary Reibey | John Flynn | First polymer $20 |
| 2019 | Polymer | Lowe/Gaetjens | Mary Reibey | John Flynn | Next Generation Series |
5. Value & Price Guide for Collectors
The value of a $20 note depends on:
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Year of issue
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Signatories
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Condition (UNC, EF, VF, etc.)
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Serial number rarity
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Errors or misprints
| Type of $20 Note | Condition | Value Range (AUD) |
|---|---|---|
| 1966 Coombs/Wilson (First Issue) | UNC | $800 – $1,500+ |
| 1967 Coombs/Randall | UNC | $700 – $1,200+ |
| 1972 Phillips/Wheeler | UNC | $200 – $500 |
| 1974 Knight/Wheeler | UNC | $180 – $400 |
| 1983 Johnston/Fraser | UNC | $150 – $350 |
| 1994 First Polymer Issue | UNC | $50 – $120 |
| 2019 Next Generation | UNC | Face value – $60+ (special serials more) |
6. Rare Serial Numbers to Look Out For
Collectors often pay a premium for:
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Low numbers (e.g., 000001–000100)
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Repeating numbers (e.g., 202020)
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Ladder sequences (e.g., 123456)
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Radar numbers (e.g., 123321)
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First & last prefix notes
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Star replacement notes (paper series)
7. Preservation Tips for $20 Notes
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Store notes in acid-free sleeves.
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Avoid folding or creasing valuable notes.
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Keep away from moisture, sunlight, and heat.
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Handle with clean hands or cotton gloves.
List of FAQ About Australian $20 Note – Full List, History, Varieties, Security Features, and Value Chart
Introduction to the Australian $20 Note
The Australian $20 note is one of the most widely recognised and frequently used denominations in Australia’s decimal currency system. First introduced in 1966, the note has undergone several redesigns, security upgrades, and material innovations—most notably Australia’s world-first move to polymer banknotes.
Today, the Australian $20 note is valued not only as legal tender but also as a collectible item, especially rare varieties, replacement notes, error notes, and early issues. This comprehensive FAQ guide explores the history, designs, varieties, security features, and collector values of the Australian $20 note.
FAQ 1: What Is the Australian $20 Note?
The Australian $20 note is a decimal currency banknote introduced in 1966, replacing the pre-decimal £10 note at the conversion rate of:
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£10 = $20 AUD
It sits mid-range in Australia’s banknote denominations and is widely used for everyday and commercial transactions.
FAQ 2: When Was the Australian $20 Note First Issued?
The Australian $20 note was first issued on 14 February 1966, the day Australia officially adopted decimal currency.
Major redesign years include:
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1966 – First paper issue
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1977 – Updated paper design
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1994 – First polymer $20 note
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2019 – Next Generation polymer series
FAQ 3: Who Issues the Australian $20 Note?
The issuing authority is the Reserve Bank of Australia (RBA).
Responsibilities include:
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Design approval
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Security feature development
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Printing oversight
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Circulation and replacement policies
FAQ 4: What Material Is the Australian $20 Note Made From?
Australian $20 notes have been made from two materials:
Paper Notes (1966–1993)
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Cotton-based paper
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Traditional engraving
Polymer Notes (1994–Present)
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Durable plastic polymer
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Advanced security windows
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Longer lifespan
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Reduced counterfeiting
Australia was the first country in the world to issue polymer banknotes.
FAQ 5: Who Appears on the Australian $20 Note?
Current (Next Generation) $20 Note
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Mary Reibey – Entrepreneur and philanthropist
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Reverend John Flynn – Founder of the Royal Flying Doctor Service
These figures represent commerce, innovation, and service to remote Australia.
FAQ 6: What Designs Appear on the $20 Note?
Design elements include:
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Detailed portraits
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Australian flora and landscapes
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Microtext and line patterns
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Indigenous-inspired motifs
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Colour palette dominated by red and orange hues
Each redesign modernised the artwork while maintaining continuity.
FAQ 7: What Are the Main Varieties of the Australian $20 Note?
Major varieties include:
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1966 paper issue
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1977 paper redesign
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1994 polymer issue
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2019 Next Generation polymer note
Within these are differences in:
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Signatures
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Serial number prefixes
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Security features
FAQ 8: What Are Star Notes on Australian $20 Notes?
Star notes are replacement notes, issued when damaged or faulty notes are removed during production.
Key features:
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Star symbol in serial number
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Lower print numbers
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Higher collector value
Star $20 notes can be worth 2–10 times face value.
FAQ 9: What Security Features Are Found on the $20 Note?
Paper Notes
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Watermarks
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Security threads
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Fine engraving
Polymer Notes
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Transparent windows
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Colour-shifting ink
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Microprinting
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Raised tactile features
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UV elements
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Shadow images
The 2019 series added advanced motion effects.
FAQ 10: What Is the Next Generation $20 Note?
Introduced in 2019, the Next Generation $20 note features:
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Larger transparent windows
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Rolling colour effects
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Enhanced tactile features for the vision-impaired
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Improved durability
It represents the most secure Australian $20 note to date.
FAQ 11: Are There Rare Australian $20 Notes?
Yes. Rare examples include:
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1966 paper notes in UNC condition
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Star replacement notes
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Low serial numbers
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Error notes
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First prefix polymer issues
FAQ 12: What Are Error Australian $20 Notes?
Error notes result from production mistakes.
Common errors:
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Missing serial numbers
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Misaligned printing
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Inverted backs
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Fold-over errors
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Ink smears
Certified error notes can sell for hundreds or thousands of dollars.
FAQ 13: How Do Serial Numbers Affect Value?
Highly desirable serial numbers include:
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Low numbers (000001–000100)
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Solid numbers (111111)
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Repeaters (121212)
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Radar (palindrome) numbers
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Matching prefix runs
Special serials significantly increase collector demand.
FAQ 14: What Is the Oldest Australian $20 Note?
The 1966 paper $20 note is the oldest decimal issue.
High-grade examples are increasingly scarce and highly collectible.
FAQ 15: Australian $20 Note Value Chart (2026)
| Type & Condition | Estimated Value (AUD) |
|---|---|
| Circulated Polymer | $20 – $30 |
| UNC Polymer | $40 – $80 |
| Star Note | $80 – $300 |
| 1966 Paper (VF) | $300 – $600 |
| 1966 Paper (UNC) | $1,500 – $4,000+ |
| Error Notes | $500 – $10,000+ |
Values vary by rarity and demand.
FAQ 16: Are Australian $20 Notes Still Legal Tender?
Yes. All Australian $20 notes, including older designs, remain legal tender unless withdrawn by the RBA.
FAQ 17: Why Are Collectors Interested in $20 Notes?
Collectors value them for:
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Historical significance
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Polymer innovation
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Artistic design
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Accessible entry price
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Variety of collectible types
FAQ 18: How Should Australian $20 Notes Be Stored?
Recommended storage methods:
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Acid-free currency sleeves
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Flat storage
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Controlled temperature and humidity
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Avoid folding and sunlight
FAQ 19: Where Can You Buy Australian $20 Notes?
Common sources include:
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Numismatic auctions
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Licensed dealers
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Collector fairs
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Reputable online platforms
Always verify authenticity.
FAQ 20: Are Australian $20 Notes a Good Investment?
While not all $20 notes appreciate significantly, rare, early, and error varieties have shown consistent long-term growth.
High-grade paper notes remain the strongest performers.
FAQ 21: How Can Beginners Start Collecting $20 Notes?
Beginners should focus on:
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Polymer UNC examples
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Star notes
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Affordable error notes
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Certified 1966 paper notes
FAQ 22: How Often Is the $20 Note Redesigned?
Major redesigns occur every 20–30 years, primarily to enhance security.
FAQ 23: What Makes a $20 Note Extremely Valuable?
Factors include:
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Early issue date
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Uncirculated condition
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Replacement or error status
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Unique serial numbers
FAQ 24: Are Australian $20 Notes Collected Internationally?
Yes. Australian polymer notes are collected worldwide for their:
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Innovation
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Durability
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Advanced security
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Attractive design
FAQ 25: What Is the Future Outlook for Australian $20 Notes?
Looking toward 2026 and beyond:
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Polymer notes dominate circulation
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Early paper notes grow scarcer
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Demand for rare varieties increases
They remain a stable and popular collectible.
Conclusion
The Australian $20 note reflects the evolution of modern currency—from traditional paper to world-leading polymer innovation. With a rich design history, multiple varieties, and strong collector interest, it remains one of Australia’s most important and versatile banknotes.
Whether collected for history, investment, or design, Australian $20 notes continue to hold lasting value well into 2026 and beyond.
The Australian $20 note is more than just currency – it’s a timeline of innovation, history, and artistry. From the paper notes of the 1960s to the high-security polymer editions of today, each note tells a story of Australia’s cultural and economic evolution. Whether for investment, collection, or curiosity, understanding the design, rarity, and market value of your $20 note can turn an everyday object into a treasured piece of history.
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