SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, D.C.  20549

                              FORM 8-K

                            CURRENT REPORT

                  Pursuant to Section 13 or 15(d) of

                 THE SECURITIES EXCHANGE ACT OF 1934

  Date of Report (Date of earliest event reported):  November 14, 1996


                    AMERICAN BANKNOTE CORPORATION
       (Exact name of Registrant as specified in its charter)

                             DELAWARE
          (State of other jurisdiction of incorporation)

              1-3410                            13-0460520
      (Commission File Number)                (IRS Employer   
                                            Identification No.)

          200 Park Avenue,
            New York, NY                          10166-4999
      (Address of principal                       (Zip Code)
        executive offices)

     Registrant's telephone number,
       including area code:                     (212) 557-9100

<PAGE>
Item 2.  Acquisition or Disposition of Assets.

On November 14, 1996, American Banknote Corporation (the
"Corporation") announced it had increased its ownership in its
Australia/New Zealand subsidiary to 100% by acquiring the 45%
interest it did not own from Leigh-Mardon Pty. Limited ("LM"), a
subsidiary of Amcor Limited.  The acquisition of 55% of the Leigh-Mardon 
Security Group, Australia's oldest and largest security
printer, from Amcor Limited, had first been announced in April 1996
and closed in June 1996.  Reference is made to the Corporation's
Current Report on Form 8-K dated April 16, 1996; Current Report on
Form 8-K dated June 18, 1996; and Amendment No. 1 to Current Report
on Form 8-K/A dated August 14, 1996 for a description of the prior
transaction.  

The price of the acquisition of the remaining 45% interest was A$6
million plus the settlement of certain post-closing adjustments owed
by Amcor, payable in four installments of $1.5 million on February
14, 1997, June 14, 1997, October 14, 1997 and February 14, 1998.

The Corporation's acquisition was made through an unrestricted
subsidiary of the Corporation, American Banknote Australasia
Holdings, Inc. ("ABAH"), which in June acquired a 55% interest in
ABN Australasia Ltd. (formerly American Banknote Australasia Ltd.)
("ABNA") which has secured the installment payments.  In connection
with the transaction, the Shareholders and Subscription Agreement by
and between ABAH, LM and ABNA was terminated.

The Corporation's press release dated November 14, 1996 is
incorporated herein by reference.

<PAGE>
Item 7.   Financial Statements, Pro Forma Financial Information 
          and Exhibits:

     (a)  Financial Statements of Business Acquired:
          Financial Statements of Business Acquired is hereby
          incorporated by reference to Item 7(a) to the Current
          Report on Form 8-K/A filed on August 14, 1996.

     (b)  Pro Forma Financial Information:
          Pro Forma Financial Statements of Leigh-Mardon are not
          available and cannot be provided at this time.  Financial
          information required pursuant of Article 11 of Regulation
          S-X will be filed within 60 days after the date this
          Report is filed.

     (c)  Exhibits:
          Exhibit 1  Press release dated November 14, 1996 **
          Exhibit 2  Share Sale and Exit Deed **
          Exhibit 3  Share Mortgage **

** Filed electronically herewith

                               SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

Date:     November 25, 1996     American Banknote Corporation


                              By:  S/  HARVEY J. KESNER 
                                   Harvey J. Kesner
                                   Executive Vice President
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{"company-data": {"conformed-name": "AMERICAN BANKNOTE CORP", "cik": "0000051124", "assigned-sic": "2750", "irs-number": "130460520", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-03410", "film-number": "96671466"}, "business-address": {"street1": "200 PARK AVENUE", "street2": "SUITE 4900", "city": "NEW YORK", "state": "NY", "zip": "10166-4999", "phone": "212-557-9100"}, "mail-address": {"street1": "200 PARK AVENUE", "city": "NEW YORK", "state": "NY", "zip": "10166-4999"}, "former-company": [{"former-conformed-name": "AMERICAN BANKNOTE CORP /DE/", "date-changed": "19950706"}, {"former-conformed-name": "UNITED STATES BANKNOTE CORP /DE/", "date-changed": "19931004"}, {"former-conformed-name": "UNITED STATES BANKNOTE CORP /NY/", "date-changed": "19920703"}]}
SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, D.C.  20549

                              FORM 8-K

                            CURRENT REPORT

                  Pursuant to Section 13 or 15(d) of

                 THE SECURITIES EXCHANGE ACT OF 1934

  Date of Report (Date of earliest event reported):  November 14, 1996

                    AMERICAN BANKNOTE CORPORATION
       (Exact name of Registrant as specified in its charter)

                             DELAWARE
          (State of other jurisdiction of incorporation)

              1-3410                            13-0460520
      (Commission File Number)                (IRS Employer   
                                            Identification No.)

          200 Park Avenue,
            New York, NY                          10166-4999
      (Address of principal                       (Zip Code)
        executive offices)

     Registrant's telephone number,
       including area code:                     (212) 557-9100
Item 2.  Acquisition or Disposition of Assets.

On November 14, 1996, American Banknote Corporation (the
"Corporation") announced it had increased its ownership in its
Australia/New Zealand subsidiary to 100% by acquiring the 45%
interest it did not own from Leigh-Mardon Pty. Limited ("LM"), a
subsidiary of Amcor Limited.  The acquisition of 55% of the Leigh-Mardon 
Security Group, Australia's oldest and largest security
printer, from Amcor Limited, had first been announced in April 1996
and closed in June 1996.  Reference is made to the Corporation's
Current Report on Form 8-K dated April 16, 1996; Current Report on
Form 8-K dated June 18, 1996; and Amendment No. 1 to Current Report
on Form 8-K/A dated August 14, 1996 for a description of the prior
transaction.  

The price of the acquisition of the remaining 45% interest was A$6
million plus the settlement of certain post-closing adjustments owed
by Amcor, payable in four installments of $1.5 million on February
14, 1997, June 14, 1997, October 14, 1997 and February 14, 1998.

The Corporation's acquisition was made through an unrestricted
subsidiary of the Corporation, American Banknote Australasia
Holdings, Inc. ("ABAH"), which in June acquired a 55% interest in
ABN Australasia Ltd. (formerly American Banknote Australasia Ltd.)
("ABNA") which has secured the installment payments.  In connection
with the transaction, the Shareholders and Subscription Agreement by
and between ABAH, LM and ABNA was terminated.

The Corporation's press release dated November 14, 1996 is
incorporated herein by reference.
Item 7.   Financial Statements, Pro Forma Financial Information 
          and Exhibits:

     (a)  Financial Statements of Business Acquired:
          Financial Statements of Business Acquired is hereby
          incorporated by reference to Item 7(a) to the Current
          Report on Form 8-K/A filed on August 14, 1996.

     (b)  Pro Forma Financial Information:
          Pro Forma Financial Statements of Leigh-Mardon are not
          available and cannot be provided at this time.  Financial
          information required pursuant of Article 11 of Regulation
          S-X will be filed within 60 days after the date this
          Report is filed.

     (c)  Exhibits:
          Exhibit 1  Press release dated November 14, 1996 **
          Exhibit 2  Share Sale and Exit Deed **
          Exhibit 3  Share Mortgage **

** Filed electronically herewith

                               SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

Date:     November 25, 1996     American Banknote Corporation

                              By:  S/  HARVEY J. KESNER 
                                   Harvey J. Kesner
                                   Executive Vice President