Replacement Prefixes

Replacement prefixes are special letter codes used when a damaged or misprinted banknote needs to be replaced during printing. Instead of reprinting the same serial number, the printer uses a different prefix to show that the note is a replacement. This helps with tracking and record-keeping. These replacement notes are less common because most notes pass quality checks and don’t need replacing. That’s why collectors often find them more interesting. For the older Orchid and Bird series, replacement prefixes were always Z1, Z2, Z3, or Z4. But for the Ship, Portrait, and Commemorative series, the prefixes are more varied—examples include Z1, ZZ, and RA for Ship notes, and 0WV, 0CX, and 0PK for Portrait notes.

Orchid Series

O25 Prefix Z1 

Ungraded, lightly used

Auspicious number 

Market Price: $1,200

(2024)

Bird Series

B10 Prefix Z3

PCGS 40, no remarks

Market Price: $70

(2024)

Ship Series

S1 Prefix Z1 

Brand new

Market Price: $30

(2024)

S2 Orange Prefix ZZ 

PMG 66 EPQ

Market Price: $100

(2024)

S2 Purple Prefix RB 

PMG 58

Market Price: $220

(2024)

S5 Prefix Z1 

Brand new

Market Price: $40

(2024)

S10 Prefix Z1 

Lightly used

Auspicious number 

Market Price: $60

(2024)

S50 Prefix Z1 

Brand new 

Market Price: $100

(2024)

S100 Prefix Z1 

Brand new 

Market Price: $180

(2024)

S500 Prefix Z1 

PMG 35 

Market Price: $1400

(2024)

S1000 Prefix Z1 

PMG 63, small tear

Market Price: $1800

(2024)

Portrait Series

P2 Prefix 0WW

PMG 35, no remarks

Market Price: $60

(2024)

Commemorative Series

SG25 Prefix J

Ungraded, well used

Market Price: $75

(2024)

Orchid Series

  • $1: – 
  • $5: –
  • $10 HSS no seal: Z1
  • $10 HSS with seal: Z1
  • $25 HSS with seal: Z1 
  • $50 HSS with seal: Z1
  • $100: –
  • $500 HSS with seal: Z1 
  • $1000 HSS with seal: Z1
  • $10000 HSS with seal: Z1

Bird Series

  • $1: – 
  • $5: – 
  • $10 Solid thread: Z1 
  • $10 Segmented thread: Z1-Z4
  • $20: – 
  • $50 Solid thread: Z1
  • $50 Segmented thread: Z1-Z2
  • $100: – 
  • $500 : Z1
  • $1000: Z1
  • $10000: Z1

Ship Series

  • $1 GKS: Z1-Z2
  • $1 HTT: Z2
  • $2 Orange TDLR: ZZ
  • $2 Purple TDLR: FF, RA, RB, BN
  • $2 Purple HS: RB, BN
  • $2 Purple BA: LG
  • $5 TDLR: Z1 
  • $10: Z1 
  • $50 Solid thread: Z1 
  • $50 Segmented thread: Z1 
  • $100 GKS: Z1 
  • $100 HTT: Z1 
  • $500: Z1 
  • $1000 GKS: Z1 
  • $1000 HTT: Z1 
  • $10000: ZZ 

Portrait Series

  • $2 HTT: 0WV, 0WW 
  • $5 HTT: 0CX 
  • $10 HTT: 0PJ 
  • $50 HTT: 0PJ-0PK, 1JJ 
  • $50 LHL: 1KN
  • $100 HTT: 0BE-0BF 
  • $100 GCT One square: 1AR
  • $100 GCT Two squares: 1AR
  • $1000: – 
  • $10000: – 

Commemorative Notes

  • 1990 SG25 $50: J 
  • 1996 MAS25 $25: – 
  • 1999 M2 $2: 5… 
  • 2007 CIA40: – 
  • 2015 SG50 $50: – 
  • 2015 SG50 $10: – 
  • 2017 CIA50 $50: – 
  • 2019 B200 $20: – 
Disclaimer. I built this website as a hobby, to share with others what I’ve learnt. All the information here is written based on my own research and understanding, and I don’t guarantee that everything is correct, complete, or updated. While I sell banknotes here, I don’t profit from them, as they are spare pieces from my private collection. All the banknote images here are taken by myself and they belong to me. The non-banknote images, with sources that I’ve attributed on every page, are used solely for illustration and non-commercial education purposes. If you are a copyright holder and believe something has been used inappropriately, please contact me, and I will immediately review or remove it.
Shudoo: [email protected] 
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