Coins and Australia - Two dollars 1966-1988 - Australian banknotes price guide and values

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Two dollars 1966 to 1988 - Price guide and values

Despite reduced attention to representing economic development, Australia's agricultural industries continued their reign as important features on our currency notes, with wool and wheat symbolised on the $2 banknote. 2 dollars John Macarthur (1767-1834) and the wool industry featured on the front of the $2 banknote.

Two dollars 1966 to 1988 - Banknote of Australia

To help you to know the meaning of grades such as G, VG, F, VF, EF, AU, UNC, etc., you can jump to the grading section. View the average prices of certified banknotes sold at auctions.

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Johnston-Stone

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes JZI to KRO - - - €2.00 €4.10 €5.80 €7.00
Prefix JZH - - - €26.60 €38.00 €57.00 €71.80
Prefix KRP - - - €25.30 €36.70 €54.90 €68.90
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes JZI to KRO €8.90 €10.10 €15.60 €16.20 €16.90 €18.00 €19.10
Prefix JZH €87.90 €98.60 €104 €133 €162 - -
Prefix KRP €86.50 €98.10 €104 €133 €162 - -
Varieties SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67
Prefixes JZI to KRO - - - - - €1,690 -
Prefix JZH - - - - - - -
Prefix KRP - - - - - - -

Average prices of certified Two dollars 1966 to 1988 Johnston-Stone sold at auctions

Johnston-Fraser

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes KRR to LQF - - - €1.25 €1.75 €2.30 €2.50
Prefix KRQ - - - €26.60 €38.00 €57.00 €71.80
Prefix LQG - - - €3.50 €8.90 €13.80 €17.70
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes KRR to LQF €3.10 €3.50 €3.70 €12.30 €20.90 €31.00 €36.40
Prefix KRQ €84.40 €92.80 €97.10 €133 €169 - -
Prefix LQG €21.20 €23.60 €39.40 €47.80 €50.60 €52.10 €56.30
Varieties SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67
Prefixes KRR to LQF - - - - - - -
Prefix KRQ - - - - - - -
Prefix LQG - - - - - - -

Average prices of certified Two dollars 1966 to 1988 Johnston-Fraser sold at auctions

Phillips-Wheeler

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes GRH to HBP - Commonwealth - - - €6.10 €9.90 €14.60 €18.30
Prefix GRG - Commonwealth - - - €31.70 €55.70 €87.20 €113
Prefix HBQ - Commonwealth - - - €43.10 €74.70 €112 €141
Prefix HBQ - Australia - - - €38.00 €68.40 €105 €134
Prefixes HBR to HLO - Australia - - - €6.10 €9.90 €14.60 €18.30
Prefix HLP - Australia - - - €29.10 €51.90 €81.60 €106
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes GRH to HBP - Commonwealth €23.90 €27.60 €35.50 €37.20 €47.40 - -
Prefix GRG - Commonwealth €130 €142 €148 €197 €246 - -
Prefix HBQ - Commonwealth €169 €187 €197 €253 €310 - -
Prefix HBQ - Australia €165 €186 €197 €246 €295 - -
Prefixes HBR to HLO - Australia €23.90 €27.60 €29.50 €39.90 €46.90 €63.30 €67.50
Prefix HLP - Australia €122 €134 €139 €186 €232 - -
Varieties SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67
Prefixes GRH to HBP - Commonwealth - - - - - - -
Prefix GRG - Commonwealth - - - - - - -
Prefix HBQ - Commonwealth - - - - - - -
Prefix HBQ - Australia - - - €1,730 €1,800 €2,110 -
Prefixes HBR to HLO - Australia - - - - - - -
Prefix HLP - Australia - - - - - - -

Average prices of certified Two dollars 1966 to 1988 Phillips-Wheeler sold at auctions

Knight-Wheeler

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes HLR to HQU - Gothic - - - €12.40 €22.80 €38.00 €50.60
Prefix HLQ - Gothic - - - €29.10 €51.90 €81.60 €106
Prefix HQV - Gothic - - - €72.20 €152 €232 €295
Prefixes HPV to HUB - OCRB - Centre thread - - - €8.90 €16.00 €25.70 €33.80
Prefix HPU - OCRB - Centre thread - - - €34.20 €63.30 €95.00 €120
Prefix HUC - OCRB - Centre thread - - - €29.10 €51.90 €76.70 €95.70
Prefixes HSA to JEX - OCRB - Side thread - - - €5.10 €9.60 €13.50 €18.80
Prefix HRZ - OCRB - Side thread - - - €36.70 €62.00 €89.30 €110
Prefix JEY - OCRB - Side thread - - - €146 €291 €422 €521
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes HLR to HQU - Gothic €59.10 €64.70 €67.50 €77.20 €86.90 €111 €135
Prefix HLQ - Gothic €122 €134 €146 €186 €232 - -
Prefix HQV - Gothic €366 €412 €436 €591 €746 - -
Prefixes HPV to HUB - OCRB - Centre thread €40.80 €45.40 €47.80 €52.90 €68.70 €75.60 €82.50
Prefix HPU - OCRB - Centre thread €141 €155 €162 €211 €260 - -
Prefix HUC - OCRB - Centre thread €125 €145 €155 €190 €225 - -
Prefixes HSA to JEX - OCRB - Side thread €20.10 €22.60 €23.90 €36.70 €37.00 €37.70 €74.00
Prefix HRZ - OCRB - Side thread €135 €152 €160 €228 €295 - -
Prefix JEY - OCRB - Side thread €640 €719 €760 €1,040 €1,320 - -
Varieties SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67
Prefixes HLR to HQU - Gothic - - - - - - -
Prefix HLQ - Gothic - - - - - - -
Prefix HQV - Gothic - - - - - - -
Prefixes HPV to HUB - OCRB - Centre thread - - - - - - -
Prefix HPU - OCRB - Centre thread - - - - - - -
Prefix HUC - OCRB - Centre thread - - - - - - -
Prefixes HSA to JEX - OCRB - Side thread - - - - - - -
Prefix HRZ - OCRB - Side thread - - - - - - -
Prefix JEY - OCRB - Side thread - - - - - - -

Average prices of certified Two dollars 1966 to 1988 Knight-Wheeler sold at auctions

Knight-Stone

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefix JDX - - - €26.60 €38.00 €57.00 €71.80
Prefix KAJ - - - €31.70 €60.80 €93.60 €120
Prefixes JDY to KAI - - - €2.00 €4.10 €5.80 €7.00
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefix JDX €87.90 €98.60 €104 €136 €169 - -
Prefix KAJ €141 €155 €162 €211 €260 - -
Prefixes JDY to KAI €8.90 €10.10 €16.50 €20.90 €25.30 €53.60 €191
Varieties SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67
Prefix JDX - - - - - - -
Prefix KAJ - - - - - - -
Prefixes JDY to KAI - - - - - - -

Average prices of certified Two dollars 1966 to 1988 Knight-Stone sold at auctions

Coombs-Wilson

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes FAB to FKC - - - €5.60 €9.40 €14.20 €22.50
Prefix FAA - - - €176 €372 €636 €675
Prefix FKD - - - €132 €253 €394 €506
Prefixes ZFB* to ZFG* - - - €241 €429 €712 €916
Prefix ZFA* - - - €266 €472 €985 €1,310
Prefix ZFH* - - - €329 €734 €1,150 €1,480
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes FAB to FKC €24.80 €26.40 €33.80 €61.90 €67.50 €73.20 €78.80
Prefix FAA €1,060 €1,200 €1,270 €1,480 €1,690 - -
Prefix FKD €619 €693 €732 €907 €1,080 - -
Prefixes ZFB* to ZFG* €1,510 €1,630 €1,660 €1,830 €2,270 - -
Prefix ZFA* €1,640 €1,860 €1,970 €2,340 €2,700 - -
Prefix ZFH* €1,810 €2,030 €2,140 €2,540 €2,940 - -
Varieties SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67
Prefixes FAB to FKC - - - - - - -
Prefix FAA - - €676 - €1,750 - -
Prefix FKD - - - - - - -
Prefixes ZFB* to ZFG* - - - - - - -
Prefix ZFA* - - - - - - -
Prefix ZFH* - - - - - - -

Average prices of certified Two dollars 1966 to 1988 Coombs-Wilson sold at auctions

Coombs-Randall

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes FKE to FPR - - - €18.50 €28.10 €49.20 €54.40
Prefix FKD - - - €41.80 €82.30 €115 €139
Prefix FPS - - - €40.50 €81.00 €112 €134
Prefix ZFH* - - - €563 €1,180 €1,960 €2,600
Prefix ZFJ* - - - €494 €1,010 €1,720 €2,320
Prefix ZFK* - - - €576 €1,180 €1,960 €2,600
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes FKE to FPR €74.60 €81.50 €91.50 €100 €134 €140 -
Prefix FKD €167 €186 €196 €267 €338 - -
Prefix FPS €162 €180 €190 €260 €331 - -
Prefix ZFH* €3,310 €3,770 €4,010 €4,570 €5,100 - -
Prefix ZFJ* €2,880 €3,260 €3,450 €4,120 €4,780 - -
Prefix ZFK* €3,310 €3,770 €4,010 €4,570 €5,100 - -
Varieties SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67
Prefixes FKE to FPR - - - - - - -
Prefix FKD - - - - - - -
Prefix FPS - - - - - - -
Prefix ZFH* - - - - - - -
Prefix ZFJ* - - - - - - -
Prefix ZFK* - - - - - - -

Average prices of certified Two dollars 1966 to 1988 Coombs-Randall sold at auctions

Phillips-Randall

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes FPU to GRE - - - €6.10 €9.90 €14.60 €18.30
Prefix FPT - - - €34.20 €58.20 €92.20 €120
Prefix GRF - - - €34.20 €58.20 €92.20 €122
Prefixes ZFL* to ZFR* - - - €266 €570 €945 €1,360
Prefix ZFK* - - - €342 €747 €1,250 €1,660
Prefix ZFS* - - - €310 €684 €1,120 €1,480
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes FPU to GRE €23.90 €27.60 €29.50 €31.00 €33.80 €37.60 €67.80
Prefix FPT €141 €155 €162 €222 €281 - -
Prefix GRF €141 €155 €162 €222 €281 - -
Prefixes ZFL* to ZFR* €1,600 €1,630 €1,660 €1,690 €1,740 €1,800 -
Prefix ZFK* €2,100 €2,380 €2,530 €3,130 €3,730 - -
Prefix ZFS* €1,860 €2,120 €2,250 €2,400 €3,330 - -
Varieties SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67
Prefixes FPU to GRE - - - - - - -
Prefix FPT - - - - - - -
Prefix GRF - - - - - - -
Prefixes ZFL* to ZFR* - - - - - - -
Prefix ZFK* - - - - - - -
Prefix ZFS* - - - - - - -

Average prices of certified Two dollars 1966 to 1988 Phillips-Randall sold at auctions

Varieties and details

Commonwealth

Phillips-Wheeler banknotes of 1972.

Australian banknote - Twenty dollars 1972 - Commonwealth of Australia - Phillips Wheeler note

Australia

Phillips-Wheeler banknotes of 1974.

Australian banknote - Twenty dollars 1974 - Australia - Phillips Wheeler note

Gothic

It refers to the font used for the serial number. Gothic font is narrow compared to the OCRB one.

Gothic font - Australian banknotes

OCRB

It refers to the font used for the serial number. OCRB (Optical Character Recognition) font is narrow compared to the Gothic one. OCRB function was to facilitate the optical character recognition operations by specific electronic devices. It was accepted as the world standard in 1973.

OCRB font - Australian banknotes

Thread (center thread and side thread)

Starting in 1974, the Reserve Bank added a metallic security thread down the centre of banknotes as a new security feature. Because the center position is also the place where people fold their banknotes, they used prematurely. This is why the Reserve Bank moved the position of the thread to the side. The location of the thread (a dark line) can easily be found by looking at the banknote with enough lights passing through it.

Star (*)

It refers to the star (pre-decimal) or asterix (decimal) that can be found at the end of the serial number to indicates replacement notes.

You can find known star notes in the registry.

Australian banknote - Star replacement note

Last update : Thursday, April 3, 2025

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