First British polymer banknote... from Scotland

From the BBC: "The first plastic banknotes in Great Britain will be in use next year when two million £5 notes are issued by Clydesdale Bank branches. The bank is authorised to issue Scottish banknotes, and will release the limited edition notes the year before the Bank of England puts plastic banknotes in general circulation. The new polymer note features the Forth Bridge on its 125th anniversary.

In 1999, Northern Bank of Northern Ireland issued a polymer £5 commemorative note celebrating the year 2000. A plastic note was introduced in the Isle of Man in 1983 but was withdrawn in 1988 owing to problems with the ink.

Production of the new Forth Bridge banknote is scheduled to coincide with the 125th anniversary of the structure's opening in March 2015. It also celebrates the bridge's nomination for the UNESCO World Heritage List in 2014. The note also features a portrait of Sir William Arrol, whose company constructed the bridge among many other landmarks in Scotland.

It is smaller than the existing currency, which is made from cotton paper, but will still fit in ATMs, the bank has said. The note will also feature various new security features. Three banks in Scotland, including Clydesdale Bank, and four in Northern Ireland are authorised to issue banknotes."


Steven Friday 23 May 2014 at 1:49 pm | | news | No comments

New additions week 21 - 2014

Two new banknotes this week from and both are from Suriname: the 500 gulden (P150) and 5,000 gulden (P152). This series issued in 2000 is one of my favourite series to collect and features birds and flowers from Suriname. The only two notes missing from my collection are the 10,000 and the 25,000 gulden. I'm afraid the latter is a little above my budget but I have high hopes for the 10,000 gulden note.

Steven Wednesday 21 May 2014 at 08:57 am | | new additions | No comments
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Kuwait issues 6th series of banknotes

Despite earlier news reports that Kuwait was going to issue polymer notes, the Central Bank of Kuwait has just unveiled its new series and as it turns out: they're still made of paper. So much for the reliability of the media ;-).

From the information leaflet: "The sixth issue of the new Kuwaiti dinar banknotes utilizes the Kuwaiti flag as the inspirational background on all the new banknotes. The new banknotes were designed independently so as to feature the diverse factors that Kuwait is comprised of including its desert and marine life, historical elements such as the ancient Greek ruins in Failaka to the first Kuwaiti coin, cultural items like the traditional wooden Kuwaiti door, industrial features including an oil tanker and refinery, elements that reflect Kuwait’s past commercial activities such as traditional sailing vessels and pearl diving and lastly, architectural landmarks that symbolize Kuwait including the Seif Palace, Kuwait National Assembly Building, Kuwait Towers, Liberation Tower, Grand Mosque and Central Bank of Kuwait’s new building. (...) Every new banknote has a unique background design that is inspired from Islamic art. (...) Each banknotes’ theme dictates its colour. The KD 20 banknote’s main colour is blue because the featured theme includes elements of Kuwait’s marine life. The KD 10 banknote’s strongest colour is orange and light brown so as to reflect the desert theme that runs throughout the banknote. The remaining banknotes all feature one main colour that mirrors the main theme of the banknote itself."

Check out the images below for the design of this beautiful new series. The new banknotes will enter circulation from 29 June 2014.

1/4 dinar

Dominating colour: brown, 110mm x 68mm. Front: Liberation Tower. Back: traditional wooden Kuwaiti door and the first Kuwaiti coin.

1/2 dinar

Dominating colour: green, 120mm x 68mm. Front: Kuwait Towers. Back: Hawksbill sea turtle and a Silver Pomfret.

1 dinar

Dominating colour: grey, 130mm x 68mm. Front: the Grand Mosque. Back: real-life illustration of many influences of ancient Greek civilization in Kuwait’s island of Failaka.

5 dinar

Dominating colour: purple, 140mm x 68mm. Front: new Central Bank building. Back: oil refinery and oil tanker.

10 dinar

Dominating colour: reddish orange, 150mm x 68mm. Front: Kuwait National Assembly building. Back: falcon and a seated camel dressed in Sadu saddle.

20 dinar

Dominating colour: blue, 160mm x 68mm. Front: Seif palace. Back: Al-Boom traditional Kuwaiti dhow and a pearl diver.

A video of the new banknotes and their place in history:

Steven Wednesday 21 May 2014 at 08:10 am | | news | No comments
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Japan issues updated 5,000 yen note

According to an article in Japan Today, Japan has issued an updated 5,000 yen banknote on 12 May 2014. It has high-tech anti-forgery features and enhanced convenience for visually impaired people. It also has a hologram, which shows different images and colors depending on the angle at which they are viewed.

Steven Tuesday 13 May 2014 at 08:22 am | | news | No comments
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New 10 euro pops up in Hamburg, Germany

The new 10 euro note won't be issued for some months. The official introduction will be on 23 September 2014... unless you live in Hamburg and took a taxi last week. Recently 700 of the new banknotes were stolen from a company in Hamburg which uses them to calibrate their banknote sensors. The new notes were then spotted by a taxi driver who got paid with them and noticed something odd.

It provides us with a first glimpse what the notes will look like in real life.

Steven Tuesday 13 May 2014 at 08:11 am | | news | No comments
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Thailand gets a new 500 baht banknote

One of my favourite countries to collect is about to issue a new banknote. The Bank of Thailand has released this press release describing the new 500 baht note which will be issued on 12 May 2014. This is the third note of serie 16. Its basic look (purple and 72x156 mm) is the same as the current 500 baht note but the portrait of King Bhumibol has been updated and several new security features have been added:

  • Colour-shifting ink with latent image
  • New watermark
  • Hologram foil stripe
  • Windowed colour-shifting security thread with moving-boxes animation
  • Iridescent Coating

Steven Friday 09 May 2014 at 09:00 am | | news | No comments
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Uruguay issues updated 500 peso note

The Central Bank of Uruguay has announced that an updated design of their 500 peso note has been issued. A couple of new security features have been added, which are explained in this nice video below. A map of Uruguay has been added with the colour-shifting SPARK feature and a perfect register has been added with the number 500. The note is printed by Oberthur

Steven Friday 09 May 2014 at 08:50 am | | news | No comments
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Next step towards new Swiss banknotes

Switzerland is working on a new banknote series but the production of these new notes has faced some problems which led to inevitable delays. The new notes were supposed to be issued back in 2010 but are currently delayed until 2015 when the new 50 francs note will be the first to be issued.

An important step has now been taken with the choice for the security paper which will be used. Swiss franc banknotes are regarded as one of the safest currencies with regard to security measures taken so this is obviously a big deal. Not surprisingly Switzerland has chosen the paper from their own factory Landqart for the new series. The new notes wil be printed on the Durasafe paper which was first used by Morocco for their latest 25 dinar banknote.

Below the final drafts of the design by Manuela Pfrunder. The issued banknotes won't be exactly the same but the final design won't be made public until shortly before they're issued.

Steven Wednesday 07 May 2014 at 09:34 am | | news | No comments

New 50,000 riel commemorative note Cambodia

Banknotenews.com reports that a new 50,000 riel commemorative note has been issued by the National Bank of Cambodia. The note has reportedly been issued on 6 May 2014. It features a portrait of the late King Norodom Sihanouk on the front and a picture of the Koh Ker ruins and a baby elephant on the back.

Steven Wednesday 07 May 2014 at 09:22 am | | news | No comments
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Kuwait to issue polymer banknotes

The Central Bank of Kuwait will start issuing polymer banknotes from 29 June 2014. This day marks the beginning of the Ramadan. The first shipment of the new banknotes which are produced by De La Rue has already arrived in Kuwait.

Update 21 May 2014: No they haven't... The new series is still made of paper.

Update 16 June 2014: A video with the story behind the new notes:

Steven Wednesday 07 May 2014 at 09:14 am | | news | Two comments
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Banknote of the Year 2013: Kazakhstan wins again!

After 2011 and 2012 the winner of Banknote of the Year 2013 is again a note from Kazakhstan. The 1,000 tenge designed and produced by De la Rue is the winner of the annual competition where member of the IBNS can vote for the nominees. This accomplishment makes the whole series a very successful one. I have to admit that I like the design of this particular note a lot better than the previous winners. So my congratulations to the National Bank of Kazakhstan!

Steven Thursday 01 May 2014 at 07:53 am | | news | Three comments
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