Check your pockets – jaw-dropping amount a rare $5 note issued 30 years ago is going for

A normal-looking $5 bill is now worth up to $1,850 – if you have the right serial number.

In 1995, the old-fashioned polymer $5 bills were recolored to stand out more against the $10 bill.

This first batch of these brighter pink notes, called the Fraser-Evans $5 note, was assigned the initial prefix HC95 at the beginning of the serial number.

Discontinued notes with the first or last prefix are a sought-after prize for collectors of rare currency.

Now one of Australia's most prominent coin and currency dealers is now selling the note for $1,200 – a price he says is a huge discount.

A normal-looking $5 bill is now worth up to $1,850 – if you have the right serial number

“We are offering the Fraser/Evans 'HC95' the first serial prefix $5 with narrow orientation bands in Crisp Flat Uncirculated condition, which were stored 26 years ago,” said MR Roberts Wynyard Coin Center in Sydney.

“We have seen these very scarce notes elsewhere for $1625 each and they are currently cataloging at $1850.00 each.”

The front features a portrait of the late Queen Elizabeth II with a eucalyptus plant.

On the back there is a sketch of the old parliament building and the new parliament building.

The HC95 serial number in the top right corner of the reverse of the banknote shows the year the RBA first issued the bill on April 24, 1995.

This first batch of these brighter pink banknotes, called the Fraser-Evans $5 note, was assigned the initial prefix HC95 at the beginning of the serial number