Cardboard folder attached to a page with plastic corners, printed on the front with the Australian and UK flags with the title "JOINT ISSUE WITH THE UK [bicentennial symbol] AUSTRALIAN BICENTENARY 1788-1988". Inside is a short explanation of the stamps that are below. There are two sets of four stamps, one set with "AUSTRALIAN BICENTENARY" along the bottom and British monetary values, and the other with "AUSTRALIA UK JOINT ISSUE" and Australian money. The stamps are connected in sets of two, with an Australian flag as the background over each set. In the first set each stamp has a value of 18p/37c, with one featuring a picture of a "first settler" and a ship, the other with the Australian new parliament house and Queen Elizabeth II. The other set is worth 34p/$1 each, one with a picture of W G Grace and a tennis racquet, and the other with a picture of Shakespeare and a guitarist (John Lennon?) and the Opera House and Sydney Harbour Bridge. The page is a thick white piece of paper, punched with four holes along the top to insert into a binder. Printed at the top is a picture of W.G. Grace, and the bottom features a lion holding a ball and a kangaroo wearing batting pads. Text reads "1788 / 1988" and "BICENTENNIAL SOUVENIR / ENGLAND / AUSTRALIA".
0 - Whole: H: 307 W: 220 D: 3mm (H: 12 1/16 W: 8 11/16 D: 1/8")
Her Majesty The Queen; 21 Apr 1926
W.G. Grace; 18 Jul 1848; 23 Oct 1915
William Shakespeare; Apr 1564; 23 Apr 1616