Watch List notes:

Five dollars, Fraser/Higgins (1990) QDN 198531 (normal); QDN 198532 (plate note Vort-Ronald, Australian Banknote Errors, 2nd Edition, p42), missing simultan printing phase on front; QDN 198533 missing simultan printing phase on back; QDN 198534 (normal) (R.212) four consecutive notes the middle notes cut from misprinted sheets that escaped detection. A spectacular error set, nearly uncirculated - uncirculated and very rare as such. (4)

Reported in the Australian Coin Review when originally found. Ex Noble Numismatics Sale 52 (lot 3180) and Sale 80 (lot 2603).
($3600-4000)