Australian $100 Banknotes – Complete List, History, Design, Collector Value & Price Guide
The Australian $100 note is the highest denomination of Australian currency currently in circulation. More than just a method of payment, this banknote carries a rich historical story, iconic national figures, and some of the most advanced security features in the world. Whether you are a currency collector, investor, or history enthusiast, understanding the complete history, design, and value of the $100 note is essential.
This guide provides a full list of every Australian $100 note ever issued, their designs, security upgrades, year of release, and collector market values.
1. Overview of the Australian $100 Note
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Introduced: 1984 (paper version)
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Converted to polymer: 1996
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Dominant colour: Green
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Current theme: Dame Nellie Melba & Sir John Monash
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Circulating status: Yes (latest series introduced in 2016)
2. Historical Evolution of the $100 Note
2.1 Paper Series (1984 – 1996)
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Front: Sir Douglas Mawson – Antarctic explorer & scientist.
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Back: Sir John Monash – Military commander & engineer.
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Material: Cotton-linen paper blend.
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Security features: Watermark of Captain James Cook, metallic thread.
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Collector value: $120 – $500+ depending on condition & serial number.
2.2 First Polymer Series (1996 – 2016)
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Front: Dame Nellie Melba – Famous Australian opera singer.
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Back: Sir John Monash – Military leader.
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Material: Polymer plastic.
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Security features: Clear window, shadow image, microprinting.
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Collector value: $110 – $300+, rare serials higher.
2.3 Next Generation Polymer Series (2016 – Present)
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Front: Dame Nellie Melba.
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Back: Sir John Monash.
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Enhanced features: Tactile bumps for the vision-impaired, rolling colour effects, advanced holographic elements, microtext, clear top-to-bottom security window.
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Collector value: Around $100 – $150 for uncirculated notes.
3. Complete List of Australian $100 Notes
| Year of Issue | Series | Material | Front Portrait | Back Portrait | Average Collector Price* |
|---|---|---|---|---|---|
| 1984 | Paper | Paper | Douglas Mawson | John Monash | $120 – $500+ |
| 1996 | Polymer | Polymer | Nellie Melba | John Monash | $110 – $300+ |
| 2008 | Polymer | Polymer | Nellie Melba | John Monash | $105 – $200+ |
| 2016 | Next Gen | Polymer | Nellie Melba | John Monash | $100 – $150+ |
*Values depend on condition, rarity, and serial number.
4. Factors That Affect $100 Note Value
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Condition – Uncirculated (UNC) notes command premium prices.
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Serial Number – Low, repeating, or ‘radar’ numbers are rare and more valuable.
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Year & Series – Early releases are more collectible.
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Printing Errors – Misaligned prints, missing elements, or inverted images can fetch thousands.
5. Rare & Valuable Examples
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1984 First Release Paper Notes in pristine condition.
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1996 First Polymer Run with rare serial prefixes.
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Error Notes from any era with unique printing defects.
6. Current Collector Market Prices
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Common circulated 2016 notes: Face value to $105.
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Uncirculated polymer notes (1996–2016): $110 – $200.
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1984 paper UNC: $400 – $800+.
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Error or rare serials: $500 – $3,000+.
7. Collecting Tips
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Store in acid-free protective sleeves.
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Avoid folding or exposure to sunlight.
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Authenticate rare notes before purchase.
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Follow auction trends for pricing updates.
List of FAQs About Australian $100 Banknotes – Complete List, History, Design, Collector Value & Price Guide
The Australian $100 banknote is the highest circulating denomination in Australia, representing both practical value in commerce and significant interest among collectors. First introduced in 1984, it has undergone major design changes, security upgrades, and limited special editions.
Collectors prize the $100 note for its historical relevance, rarity of early issues, and unique design features. This comprehensive 2026 guide provides a complete overview, including history, signature combinations, varieties, collector value, and current market prices, making it an essential reference for numismatists and investors.
1. History of the Australian $100 Banknote
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Introduced in 1984 by the Reserve Bank of Australia
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Initially issued on cotton-based paper
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Designed to complement the existing $5, $10, $20, and $50 notes
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Aimed at high-value transactions and also appealed to collectors
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Replaced by the polymer $100 note in 1996, enhancing durability and security
The $100 note quickly became a symbol of prestige in both commerce and numismatic circles.
2. First Issue (1984–1996) – Paper Series
Design Details:
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Obverse: Portraits of Sir John Monash or other significant Australian figures (depending on series)
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Reverse: Australian landmarks, historical achievements, or national symbols
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Printed on high-quality cotton paper with intaglio printing
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Early signature combinations are highly prized by collectors
Paper $100 notes from the 1984–1996 series are scarce in uncirculated condition, making them valuable collector items.
3. Transition to Polymer $100 Notes (1996–Present)
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1996: Polymer notes introduced, replacing paper
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Enhanced durability, longevity, and anti-counterfeiting measures
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Obverse: Maintained portraits of key Australian figures
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Reverse: Features unique design reflecting Australian heritage, landmarks, or flora and fauna
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Security features include clear windows, microprinting, UV-sensitive inks, and raised printing
Polymer $100 notes are now the standard circulating note and continue to attract collector attention.
4. Key Design Features and Security Enhancements
| Feature | Description |
|---|---|
| Material | Paper (1984–1996), Polymer (1996–Present) |
| Security | Watermarks, clear window, microprinting, UV features, metallic foils |
| Size | 158 mm × 65 mm |
| Portrait | Notable Australian figures |
| Reverse | National symbols, flora, landmarks |
These security measures make Australian $100 notes both practical and collectible, protecting them from counterfeiting while appealing to numismatic enthusiasts.
5. Signature Combinations and Serial Numbers
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Early notes signed by Governor of the Reserve Bank + Treasury Secretary
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Rare or short-lived signature combinations are highly desirable
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Low serial numbers (000001–010000) and unique patterns (repeats, palindromes) can increase collector value significantly
Collectors track serial numbers and signatures carefully to determine rarity and market price.
6. Known Varieties and Printing Errors
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Misaligned printing, missing elements, or color variations
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Specimen notes or uncut sheets
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Special editions or commemorative issues
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Serial number anomalies, including ladder, radar, and repeated digits
These varieties dramatically increase collector interest and often command premium prices at auctions.
7. Circulation and Production Details
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Printed by Note Printing Australia (NPA)
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Paper series circulated 1984–1996
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Polymer series from 1996–present
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Limited uncirculated or specimen notes from early paper issues are extremely rare
Collectors often seek first-run polymer notes or early paper examples for their rarity.
8. Collector Grading System
| Grade | Description |
|---|---|
| Poor | Circulated heavily, faded, minor damage |
| Fine | Light wear, minor folds |
| Extremely Fine | Minimal handling, crisp edges |
| Uncirculated | Mint condition, no folds or blemishes |
Grading directly affects market value, especially for rare signature or serial number combinations.
9. Circulated vs Uncirculated Notes
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Circulated notes: Light folds, minor dirt, slightly faded
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Uncirculated notes: Perfect edges, vibrant colors, no handling marks
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Uncirculated notes from the 1984 paper series often sell for 5–10× the value of circulated notes.
10. Factors Affecting Collector Value
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Note condition and grading
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Signature combinations
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Serial number rarity
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Printing errors or unusual varieties
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Historical significance and provenance
Collector value is highest for early paper series, low serials, uncirculated condition, and rare varieties.
11. Updated Price Guide 2026
| Series / Issue | Condition | Estimated Price (AUD) |
|---|---|---|
| 1984 Paper | Circulated | $50–$150 |
| 1984 Paper | Fine | $200–$400 |
| 1984 Paper | Uncirculated | $1,000–$2,500 |
| 1996 Polymer | Circulated | $20–$50 |
| 1996 Polymer | Fine | $60–$120 |
| 1996 Polymer | Uncirculated | $200–$600 |
| Rare serials / errors | Any | $1,500–$5,000+ |
Market values reflect collector demand and rarity trends in 2026.
12. Rare and High-Value Examples
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Low serial numbers (000001–010000)
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Misprints, color errors, and alignment mistakes
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Specimen, uncut sheets, and commemorative issues
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First-run polymer notes
These rare notes often achieve significant premiums at auctions, making them highly desirable to collectors.
13. Historical Auction Records
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Early uncirculated 1984 paper $100 notes sold for $1,000–$2,500 AUD
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Rare serial numbers or misprints achieved $3,000–$5,000+
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Polymer $100 notes generally sell for $200–$600, depending on rarity and condition
Auction results demonstrate consistent demand among collectors and investors.
14. How to Authenticate Your $100 Note
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Check watermarks, microprinting, serial numbers, and signature combinations
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Compare with verified examples from numismatic guides
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Professional grading ensures authenticity and accurate valuation, especially for rare notes
15. Counterfeit Risks and Verification
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Counterfeiting is rare due to advanced polymer security features
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Avoid unverified sellers or online listings without provenance
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Professional authentication protects collectors from loss and fraud
16. Storage and Preservation Tips
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Store flat in acid-free sleeves or archival holders
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Avoid sunlight, heat, and moisture
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Do not laminate
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Use protective albums for long-term preservation of high-value notes
17. Investment Potential
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Early paper $100 notes and rare polymer varieties are highly collectible
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Value appreciates steadily, especially for uncirculated notes and low serials
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Historical significance enhances long-term numismatic value
18. Comparison With Other Australian Banknotes
| Note | Year | Collector Value Range |
|---|---|---|
| $5 Polymer | 1992 | $15–$2,500+ |
| $10 Polymer | 1988 | $25–$2,500+ |
| $20 Paper | 1966 | $20–$700+ |
| $50 Polymer | 1995 | $50–$1,500 |
| $100 Paper | 1984 | $50–$2,500+ |
The $100 note is a top-tier collectible, particularly for rare paper series and unique serial numbers.
19. Common Myths and Misconceptions
❌ “$100 notes are not valuable”
❌ “All $100 notes are the same”
❌ “Circulated polymer notes have no collector value”
Truth: Collector value depends on condition, rarity, serial numbers, and historical significance.
20. FAQs for Collectors
Q: Are all $100 notes collectible?
A: Not all. Circulated polymer notes are common, but early paper issues, low serial numbers, and rare varieties are highly collectible.
Q: Can $100 notes still be used as legal tender?
A: Yes, though collector value often exceeds face value for rare notes.
Q: How do I identify an uncirculated note?
A: Crisp edges, vibrant printing, no folds or marks; professional grading is recommended.
Q: Do misprints or rare serials increase value?
A: Yes. Printing errors, rare signatures, and unique serials significantly increase collector prices.
21. Conclusion
The Australian $100 banknote is more than just high-denomination currency—it is a historic, collectible, and investment-worthy item.
Key points for collectors:
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Understand history and series (1984–1996 paper, 1996–present polymer)
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Focus on grading, serial numbers, and signature combinations
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Preserve notes with proper storage
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Stay updated with 2026 market trends
With careful research and handling, the $100 note remains a prized collectible and a valuable piece of Australian numismatic history.
The Australian $100 note is more than just money – it’s a collectible piece of national heritage. From the 1984 paper design to the next-generation polymer banknote, each series tells a story of Australia’s history and innovation in currency technology. For collectors, knowing the history, identifying rare variations, and understanding market demand is the key to determining true value.
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