'Concerns' over new 50 dollar note

Just a few days ago the new polymer 50 dollar banknote was introduced in Trinidad and Tobago and already concerns have been issued. Or 'concerns' as I should rather put it. Because the problem borders on the ridiculous. 

On the reverse side of the note an image of a young female masquerader in an award-winning carnival costume can be seen. Some people however see a depiction of a serpent queen and even the devil. For more clarity, the image of the banknote and the photo which was used for the note below.

Honestly: don't people have better things to worry about?

Steven Monday 29 December 2014 at 10:35 am | | news | Two comments

Happy holidays!

Since I probably won't have much time to post any updates the coming days, I wish you all happy holidays!

Steven Thursday 25 December 2014 at 09:01 am | | fun | No comments

Cape Verde issues first notes of the new series

As expected the Central Bank of Cape Verde has issued the first notes in the new series. The 200, 1,000 and 2,000 escudos notes have been issued on 23 December 2014.

The remaining 500 and 5,000 escudos notes will follow in January 2015 September 2015

  • The new 200 escudo note honours the physician and Cape Verdean writer Henrique Teixeira de Sousa and his native island, Fogo. This is the only note of the three which is made of polymer.
  • The new 1000 escudo note has a picture of musician and composer Codé di Dona, whose real name was Gregório Vaz, one of the foremost exponents of funaná music
  • Singer Cesaria Evora's “morna” music is honoured on the 2,000 escudo note. 
© www.banknotenews.com
© www.banknotenews.com

© www.banknotenews.com
© www.banknotenews.com

© www.banknotenews.com
© www.banknotenews.com

Steven Thursday 25 December 2014 at 08:34 am | | news | No comments
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With paper money, tiny details lead to big adventures

"Often a design on a piece of paper money can lead you down a trail of adventure without ever leaving your desk." Thus begins a great article on Coinworld.com, which is probably very recognizable for collectors like us.

Steven Friday 19 December 2014 at 1:02 pm | | links | No comments

ECB will unveil new 20 euro note on 24 February 2015

The ECB has announced that the new €20 banknote will be unveiled on 24 February 2015.

From the website: "The new €20 is the third banknote of the Europa series to be introduced after the €5 and €10. The ECB and the national central banks of the euro area – the Eurosystem – will unveil the banknote and announce its exact issuance date on 24 February 2015. The Europa series is being introduced to further improve the integrity of euro banknotes and to keep ahead of counterfeiters."

Steven Friday 19 December 2014 at 12:42 pm | | news | No comments
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Canadians propose their ideas for future banknotes

The Bank of Canada has published the results from the public consultation into its banknote design principles. The public was asked in October of this year to participate in the design process for future banknotes, including the recently announced commemorative issue which is to be issued in 2017.

The results of the consultation can be found in this press release: "Of the nearly 2,000 Canadians who participated, about 80 per cent said they support the principles the Bank put forward. There was considerable interest in how bank notes reflect Canada and many respondents said greater emphasis should be put on representing gender equality, multiculturalism and aboriginal culture. Others said bank notes should show iconic Canadian activities and achievements, landscapes and famous Canadians."

Not really a surprising result is it? Canadian citizens still have the opportunity to propose ideas for the new commemorative note until 8 January 2015.

Steven Wednesday 17 December 2014 at 12:02 pm | | links | No comments
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Ethiopia seeks to print its own banknotes

The websites allAfrica.com and addisfortune.net report that the National Bank of Ethiopia has issued a tender to, first, investigate if the country is capable to print its own banknotes and second, (if the answer is yes) to set up a national banknote printing facility.

"The Bank announced a tender two weeks ago to hire an international consultancy firm to conduct a feasibility study for the printing plant on the state owned daily newspaper, The Ethiopian Herald.

The main aim of planting the factory is to save the foreign currency that the country is spending to print banknotes in foreign countries. The other reason is to centralise the printing of banknotes in one place, according to a senior official from the Bank.

(...) Currently, NBE predominantly prints banknote in European countries, mainly in England and France. It has made an order for new banknote, as the notes that are in circulation have become worn out from use. The old notes will be collected and disposed of by burning."

Steven Wednesday 17 December 2014 at 11:51 am | | news | No comments
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Iran issues new 20,000 rial note

Banknotenews reports that Iran has issued a new banknote of 20,000 rial. The new blue colored note shows ayatullah Khomeini on the front and a building on the back.

From what I can gather from the press release (Google translate isn't fluent in Farsi it seems) the building is an example of a so-called wind tower (Persian: Bâdgir, which literally means windcatcher), an age-old form of air conditioning for houses. From what I'm able to find online the building appears to be the Aghazadeh House in the city of Abarkuh, but please correct me if I'm wrong.

© www.banknotenews.com
© www.banknotenews.com

Update: Yeah, I'm pretty sure it is the Aghazadeh House (source):

Steven Wednesday 17 December 2014 at 08:37 am | | news | No comments
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Kazakhstan introduces new 1,000 tenge banknote

The National Bank of Kazakhstan announced it has issued a new 1,000 tenge banknote to the public. The front of the yellow and brown note shows doves and the Kazakh Eli monument in Astana we have seen on other notes in this series. The back of the note shows a mountain landscape and the Ustyurt Plateau.

Could this be the next winner of the IBNS Banknote of the Year contest? Three previous notes (1, 2, 3) in this series have already won the price and they had a very similar design which obviously appeals to the members of the IBNS. I'm still not wild about the design because it's too chaotic for my taste but we'll see next year if Kazakhstan has another winner.

Steven Wednesday 17 December 2014 at 08:04 am | | news | No comments
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Trinidad and Tobago issue new 50 dollar note

The Central Bank of Trinidad and Tobago has unveiled and issued the new 50 dollar commemorative note. The new note is made of polymer and gold in colour. The note shows the national coat of arms on the front of the note.  It also shows an artistic rendering of a red hibiscus flower and an image of the Red-capped Cardinal bird in flight against a clear, transparent window. The reverse shows a young, female masquerader in an award-winning carnival costume.

Below is a video showing the beautiful new note.

Steven Tuesday 16 December 2014 at 10:18 am | | news | No comments

Dominican Republic issues new 2,000 pesos note

The Central Bank of the Dominican Republic has issued the new 2,000 pesos dominicanos note last week as part of the new family of banknotes introduced last October.

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© www.banknotenews.com

Steven Friday 12 December 2014 at 11:52 am | | news | No comments
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Trinidad and Tobago about to introduce new $50 note

As announced on 29 October 2014 the Central Bank of Trinidad and Tobago is introducing a redesigned 50 dollar note on 13 December. The new note is made of polymer and commemorates the 50th anniversary of the country. It’s also introduced because the current 50 dollar note looks too much like the 5 and 10 dollar note.

Update 10 December: Oops.... it turns out the supposed picture of the new note I posted yesterday isn't the new note at all. Thanks for pointing that out Shrinivas Kesavan! Mental note to self: don't post when you're too busy to check your sources. We'll just have to wait until Saturday for the new note. There is this teaser available while we wait.

Read on

Steven Tuesday 09 December 2014 at 09:35 am | | news | Three comments

Mauritania issues new 200 ouguiya note

Besides a new 1,000 ouguiya note the Banque Central de Mauritanie has also issued a new 200 ouguiya banknote. This note is printed on regular paper and not the polymer substrate the new 1,000 ouguiya note is printed on.

The new note is similar to the existing 200 ouguiya note but it's smaller in size and has updated security features.

Steven Tuesday 09 December 2014 at 08:49 am | | news | No comments
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New SCWPM General Issues 1368-1960 available

At Shopnumismaster.com the new and 15th edition of the Standard Catalog of World Paper Money General Issues 1368-1960 has been released. This pick-catalog (although heavily criticized and more and more replaceable by better alternatives like The Banknote Book) is still a standard in collecting banknotes.

The 'Pick'-catalog for the older notes is now in it's 15th edition. There is some very good news for us collectors because this edition is finally available as a digital version so it can be used on your iPad for instance. This means that all three Standard Catalogs bij Krause Publications are now available as a digital PDF-file. No more carrying around kilo's of dead trees when you visit a fair or auction.

The paper edition is of course also still available. The catalog of General Issues 1368-1960 can be picked up here for (at the moment) $52.99. But if you sign up for the newsletter from shopnumismaster you will receive discounts and coupons on a very regular basis. So you should be able to get it cheaper than the current price (I bought mine with a discount of 15 dollars).

Steven Sunday 07 December 2014 at 4:49 pm | | links | No comments
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Mauritania issues polymer 1,000 ouguiya note

The Banque Central de Mauritanie has issued a new 1,000 ouguiya banknote printed by Innovia. The annoucement was made by Innovia themselves. The new note is printed on Innovia's Guardian polymer substrate and is similar to the old paper note but a little smaller.

The new note has an issue date of 28 November 2014 and will circulate together with the previous note. 

Reverse:

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Steven Sunday 07 December 2014 at 4:37 pm | | news | No comments
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Canada plans new commemorative banknote in 2017

The Bank of Canada has announced it seeks the help of the public for coming up with ideas for a commemorative note celebrating the 150th anniversary of the Confederation of Canada in 2017. From the website:

"The Bank of Canada has announced that it will develop and issue a commemorative bank note in 2017 to mark the 150th anniversary of Confederation. Since its inception, the Bank of Canada has issued two other commemorative bank notes. The last commemorative note issued in 1967 marked Canada’s centennial, so we’re pretty excited.

Many details have yet to be worked out, but one certainty is that this polymer note will be broadly available by 1 July 2017. Details like the denomination, security features, the number of commemorative notes that will circulate, and the means to obtain them will be announced as the project progresses. Stay tuned for updates.

In keeping with the Bank’s design principles, we need input from Canadians. Ideas for themes, subject matter and images will be considered as long as they take the following in to account.

- They must adhere to our principles for bank note design.
- They must represent the specific theme for this special note – the 150th anniversary of Confederation.

Ideas for theme, subject matter and images will be gathered from the public and other key stakeholders. The Bank will also seek advice from subject-matter experts. The designs proposed to the Minister of Finance will be those that best meet the above criteria. The Minister of Finance is responsible for approving any new bank note design in accordance with the Bank of Canada Act.

The Bank invites Canadians to propose ideas for this commemorative bank note marking our country’s 150th birthday.

We hope you’ll contribute ideas towards this celebratory bank note. Spread the word and share this page with your family and friends. Tell us what makes you proud to be Canadian, what would best represent Canada’s 150th and what you’d like to see highlighted on this commemorative note. Fill out the questionnaire by 8 January 2015.

A summary of the input received from Canadians through various means will be published at the end of the consultation period."

Pretty exciting news! The last commemorative Canadian note was the one pictured below, celebrating the 100th anniversary of the Confederation in 1967.

Steven Sunday 07 December 2014 at 4:13 pm | | news | No comments
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