Australia Local Currency, L.E.T.S. Issues

AUSTRALIA bANKNOTES, LOCAL CURRENCY, L.E.T.S. ISSUES

COMMONWEALTH OF AUSTRALIA
Australia

1606 NLD New Holland; 1788 New South Wales GBR; 1.1.1901 Commonwealth AUS
GBR currency <1914; AUS 1823 >

LOCAL CURRENCY

N.650 1 Lets ND

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**BACKGROUNDER**
Local Exchange Tradiing System (L.E.T.S.) was originated in 1983 by Michael Linton in British Colombia, Canada. Iti is intended as an adjunct to government currency and as all local currencies it promotes local business activity.

**ACKNOWLEDGEMENT**
We gratefully acknowledge numismatist David N. White who provided images and background information used in this section.