RARE CHANGE / NOTES / PLATE 32 · $1 · 1966-1972 · NOTE

Paper $1 star note, and what it's worth

An Australian paper one dollar star replacement note, with any of its three signature pairs (Coombs/Wilson, Coombs/Randall or Phillips/Randall), whose serial number has a prefix starting ZA and ends in an asterisk.

Typical sale · Extremely Finen = 29

A genuine one, barely worn

$950

Middle half of sales $700 to $1,300. Lowest $420, highest $5,000.

Hammer prices (before buyer's fees) from 69 single-item sales at Noble Numismatics and Downies, 2016 to 2026. Updated 30 Oct 2026.

Prices by condition

AUD

Worn coins sell for less. Find the row that looks most like yours.

Heavily wornGood to Very Good · 7 sales

$300

WornFine · 16 sales

$340

Lightly wornVery Fine · 8 sales

$500

Barely wornExtremely Fine · 29 sales

$950

Never usedUncirculated · 9 sales

$1,300

Line: lowest to highest sale. Box: the middle half of sales. Dot: the median, half sold for more and half for less.

Recent sales

Hammer
DateConditionAuctionPrice
13 Apr 2026 Barely worn Noble $1,000
28 Jul 2025 Heavily worn Noble $400
28 Jul 2025 Barely worn Noble $650
28 Jul 2025 Heavily worn Noble $460
28 Jul 2025 Barely worn Noble $2,000
28 Jul 2025 Worn Noble $400

How to check yours

Each letter on the drawing marks where to look. A magnifying glass or your phone's zoom helps.

Front of the note
COMMONWEALTH OF AUSTRALIA$1$1The QueenGovernorSecretaryZAA 000000*ZAA 000000*Layout only, not to scale. Serial shown is an example.ABC
  1. Check A: Does the serial number end in an asterisk instead of a digit?

    The end of the serial number on the front
    YES
    A six-pointed asterisk sits where the serial number's final digit would be.
    NO
    The serial number ends in a digit.
  2. Check B: Does the prefix start with the letters ZA?

    The three letters printed before the serial number
    YES
    The prefix reads ZA followed by one more letter, such as ZAA or ZAF.
    NO
    The prefix starts with a letter other than Z.
  3. Check C: Do the two signatures read Coombs and Wilson?

    The two printed signatures on the front of the note
    YES
    The signatures are those of H.C. Coombs and R. Wilson, the first printing of $1 star notes.
    NO
    The signatures read Coombs and Randall, or Phillips and Randall.
Check mine from a photo

The free photo checker is on its way.

Record

Face value
$1
Issued
1966 to 1972
Signatures
Coombs/Wilson (1966, 1967, 1968)
Signatures
Coombs/Randall (1968, 1969)
Signatures
Phillips/Randall (1969, 1970, 1971, 1972)
  • Star notes were printed to replace notes spoiled during production. [3][5][6]
  • Australia used star replacement notes from 1948 until 1972. [4][3]
  • On decimal star notes a six-pointed asterisk takes the place of the serial number's final digit; pre-decimal star notes used a five-pointed star. [4][5]
  • Decimal star note prefixes start with Z, and the second letter shows the denomination; ZA is the $1 note. [4][5]
  • The paper $1 note was first issued in February 1966 with Queen Elizabeth II on the front and Aboriginal designs drawn from David Malangi's artwork on the back. [1][2]

Questions

How much is a Paper $1 star note worth?

A genuine Paper $1 star note in barely worn condition (Extremely Fine) has typically sold for $950 at Australian auctions, with the middle half of sales between $700 and $1,300. Better-preserved examples sell for more.

How do I know if my Paper $1 star note is genuine?

Work through the checks above. They cover what genuine examples show and what altered or different versions don't. A photo can't prove a coin or note is genuine, so for a valuable find, ask a professional numismatist or a grading service before you sell.

Should I clean it?

No. Cleaning leaves fine scratches that collectors spot at once, and cleaned coins and notes sell for much less. Keep it as it is, in a paper envelope or a coin holder.

Sources

Every fact on this page comes from at least two independent sources. Prices come from our own record of auction results.

  1. RBA Museum: Decimal Series 1966-1967 (A Decimal Reformation pocket guide), read 29 Oct 2026
  2. Wikipedia: Banknotes of the Australian dollar, read 29 Oct 2026
  3. Sterling & Currency: Star Replacement Notes in Australia - How to Collect Them, read 29 Oct 2026
  4. Australian Coins: Star Notes or Star Replacement Banknotes, read 29 Oct 2026
  5. Coins and Australia: Star notes registry, read 29 Oct 2026
  6. KJC Gold and Silver Bullion: Decimal Star Notes, read 29 Oct 2026