The only known specimen of the first official banknote issued in Australia, uncovered in Scotland, is expected to fetch at least Aus$250,000 (US$224,000) at an auction in Sydney this month, officials said Wednesday.

The ten shilling note, issued on the order of New South Wales governor Lachlan Macquarie in 1817 by the Bank of New South Wales (now called Westpac) on the day it opened, is expected to attract bids from collectors around the world.

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