South Africa announces commemorative series

The South African Reserve Bank has issued a press release regarding a new commemorative banknote set celebrating the 100th anniversary of Nelson Mandela's birth.

From the press release: "The South African Reserve Bank (SARB) will this year launch a set of commemorative South African banknotes in honour of what would have been Nelson Mandela’s centenary. These notes will cover all denominations - R10, R20,  R50, R100  and R200. At the same time, the South African Mint, a subsidiary of the SARB, will issue a new R5 circulation coin celebrating Mandela’s birth centenary.

The existing Mandela series of banknotes as well as the existing R5 coin in circulation will remain legal tender and will continue to be issued. This means that the new commemorative banknotes and coin will circulate alongside the existing banknotes and coin. It is expected that the commemorative banknotes and coin will be introduced into circulation from July 18. Further details will be communicated to the public closer to the time."

I wonder what they will design. Could it perhaps be something like the Bank of Thailand did for their late King with images from his life on the back of their commemorative series?

Updated 25-02-2018: I now read reports that the design will be the same as the current notes. They will "only" be printed on a new substrate (perhaps a hybrid one) and will have additional security features. What a missed opportunity that would be!

Steven Wednesday 14 February 2018 at 1:36 pm | | news
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