A money expert has revealed how to identify if an old $5 note that could be in your wallet.. could be worth thousands.

Commerce teacher Joel Kandiah posted the video on TikTok saying that if the $5 note has the ‘Stevens/Frazer signature combo’ and a ‘serial number that starts with BA15’.

If it has both, depending on its conditions, it could be worth up to $1750.’

@thehistoryofmoney

Rare $5 note! #fyp #australia #money #edutok #needtoknow #tiktokaustralia

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“You could have told me this before I used it at the canteen,” one person wrote.

“I have been saving these for years, I have hundreds of them,” wrote another.

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The reason as to why they are worth so much, is because they were the last notes to be printed before a new batch was created to ‘fulfil demand in 2015’.

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