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posted by martyb on Friday May 10 2019, @04:56PM   Printer-friendly
from the With-great-powr-comes-great-responsibilty dept.

Submitted via IRC for Runaway1956_

Red faces after discovery $2.3bn worth of currency has a misprint of the word responsibility in banknote's 'micro-text'

46 million of Australia's new $50 notes have been printed with a typo, the Reserve Bank has confirmed.

The "new and improved" $50 banknote was rolled out in October last year, with a host of new technologies designed to improve accessibility and prevent counterfeiting.

But the yellow note also contains a typo that misspells the word "responsibility".

The note features the Indigenous writer and inventor David Unaipon on one side, and Edith Cowan, Australia's first female member of parliament, on the other – as it has since 1995.

The RBA has printed "micro-text" on the note with excerpts of Unaipon's book, Legendary Tales of the Australian Aborigines, and Cowan's first speech to parliament.

The small error occurred on Cowan's side, in the text of her speech.

"It is a great responsibilty [sic] to be the only woman here, and I want to emphasise the necessity which exists for other women being here," it says.

Source: https://www.theguardian.com/australia-news/2019/may/09/australian-50-note-typo-spelling-mistake-printed-46-million-times

Also at Australian Broadcasting Corporation, the BBC and The New York Times.


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  • (Score: 4, Interesting) by PinkyGigglebrain on Friday May 10 2019, @07:44PM (4 children)

    by PinkyGigglebrain (4458) on Friday May 10 2019, @07:44PM (#842027)

    Are you familiar with the Inverted Jenny [wikipedia.org] stamp? Currently valued at around a million US$.

    And a US penny from 1943 that was accidently made from copper has been recently valued at 1.7 million US$.

    Even something a common as a 24 cent postage stamp or a coin made in error can be worth a lot of money given enough time. And yeah, in this case its probably going to take a lot of time. So get a few bills now and your (great?(great?)) grand children might profit!

    --
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  • (Score: 3, Interesting) by bzipitidoo on Friday May 10 2019, @09:58PM

    by bzipitidoo (4388) on Friday May 10 2019, @09:58PM (#842087) Journal

    The thing about the supposed value of a rare collectible is finding someone who can both afford it, and wants it badly enough to pay that kind of money. Need a particular kind of rich idiot, the sort of person who has a lot more money than sense. Obviously, the intrinsic value of a rare coin or stamp is no more than the value of similar common items. If you have such an item and can afford to shop it around for a few years, then you might, just might be able to sell it for its supposed value. If you can't be that patient, you will have to settle for much less. I have the feeling those million dollar valuations are mostly for suckering rich idiots into thinking they got a real steal if they pay only $0.1 million for one.

    I ditched my coin collection a year ago. Turned out I didn't have anything really valuable. Coin collecting is dead anyway. Coin collectors are almost all old people. Young people have lots more interesting things to do. What counted was the metal. Silver coins were worth only their weight in silver, didn't much matter what it was. Foreign coins were just so much scrap metal. Managed to get $3 per pound, which was actually more than the face value of the Canadian cents, but rather less than the Canadian 5 cent coins. Costs more in shipping to return foreign coins to their nation of origin than they are worth. Most of the domestic coins were merely face value. The one exception was the wheat ear pennies. Yeah, the coin collecting book says even those in poor condition are worth 10 cents or more each. Nope! The coin shop offered 2 cents each, double the face value, but nowhere near what the coin book claimed. For an Eisenhower dollar, they would pay ... $1! But they were happy to sell Eisenhower dollars for $3 each.

    Thanks to comprehensive information now available online, I was finally able to identify 2 foreign coins I've had for years. They did not have Latin characters. One was an Arabic script, and when I finally figured out which symbols were the numbers, and could pick out a year, I read "1327". I didn't think that coin could possibly be nearly 700 years old, and sure enough it wasn't. That's the year according to the Arabic calendar. Corresponds to about 1911. Still a somewhat impressive age of 1 century, and it was silver. The coin was from Egypt, which was then part of the Ottoman Empire in its last years. Pretty cool, but meh, plenty of pictures of way more coins in better condition than the one I had. Oh, the other coin was a 1970s baht, from Thailand. Yet another different script and calendar.

  • (Score: 1, Funny) by Anonymous Coward on Friday May 10 2019, @10:03PM (1 child)

    by Anonymous Coward on Friday May 10 2019, @10:03PM (#842092)

    Are you familiar with the Inverted Jenny [wikipedia.org] stamp? Currently valued at around a million US$.

    Yes, yes I am. I'm also familiar with this fact from the article you linked:

    It is believed that only one misprinted sheet of 100 stamps got through unnoticed.

    Now, I'm not a math major, and my calculator has a day job as a phone, but I believe 46,000,000 is greater than 100 by at least a whole bunch.

    And a US penny from 1943 that was accidently made from copper has been recently valued at 1.7 million US$.

    And there were only seven of those pennies made of copper. Seven is even less than 100 (which is a whole bunch less than 46,000,000).

    So get a few bills now and your (great?(great?)) grand children might profit!

    Well, that would require me to reproduce. And the chances of that happening are much closer to 46,000,000 - 1 than 100 - 1.

    • (Score: 0) by Anonymous Coward on Saturday May 11 2019, @12:49PM

      by Anonymous Coward on Saturday May 11 2019, @12:49PM (#842286)

      that would require me to reproduce

      At the going rate to raise a child is at least a quarter of a million these days how long exactly will it take to pay off if you keep a stack of them in the attic for a few decades?

  • (Score: 5, Funny) by SomeGuy on Friday May 10 2019, @11:01PM

    by SomeGuy (5632) on Friday May 10 2019, @11:01PM (#842115)

    And a US penny from 1943 that was accidently made from copper has been recently valued at 1.7 million US$.

    And that's just from inflation!