Lebanon to issue commemorative 50,000-livre note

The Central Bank of Lebanon has plans to issue a new 50,000-livre polymer note at the end of July,  banknotenews.com reports. The new note is to commemorate the 70th anniversary of the Lebanese army.

The picture below is from banknotenews.com

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

Steven Maandag 25 Mei 2015 at 4:26 pm | | news | Geen reacties
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Papua New Guinea issues two commemorative notes

The Bank of Papua New Guinea has announced on 21 May 2015 that new 10- and 20-kina notes have been issued. Both notes are commemorative banknotes and have been resized from the original 10- and 20-kina notes.

From the press release:

K10 Commemorative Banknote

The K10 banknote has been resized as part of the banknote reform process undertaken by the Bank to standardize the size of Papua New Guinea banknotes.  All other features of the banknote such as the colour and all the design elements of the existing new series banknote remain the same, however, the K10 banknote incorporates a special overprint of the XV Pacific Games logo in yellow, red, green, black and blue in colour located above the Parliament House.

K20 Commemorative Banknote

The K20 banknote has been resized as part of the banknote reform process undertaken by the Bank to standardize the size of Papua New Guinea banknotes.  All other features of the banknote such as the colour and all the design elements of the existing new series banknote remain the same, however, the K20 banknote incorporates a special overprint of the 40th Anniversary of Papua New Guinea Independence and the National Bird of Paradise image above the Parliament House.

© www.banknotenews.com

Steven Maandag 25 Mei 2015 at 4:20 pm | | news | Geen reacties

Bank of England wants new face for 20-pound note

The Bank of England has asked the public to nominate who they would like to feature on the back of the future £20 note. This new banknote will be issued in 3-5 years, probably made of polymer and it will celebrate Britain’s achievements in the visual arts.

Visual artists include architects, artists, ceramicists, craftspeople, designers, fashion designers, filmmakers, photographers, printmakers and sculptors.  The Bank will not feature fictional or living characters, with the exception of the Monarch, who appears on the front of our notes.

Nominations can be send in until 19 July 2015.

Steven Woensdag 20 Mei 2015 at 4:02 pm | | links | Geen reacties
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Canada to issue commemorative banknote in fall 2015

It's been a while but finally we have some news from Canada again. The Bank of Canada has announced that it will issue a new commemrative polymer banknote this year in commemoration of Queen Elizabeth II. From the press release:

On 9 September 2015, Her Majesty Queen Elizabeth II will become the longest-reigning sovereign in Canadian history, exceeding the reign of her great-great-grandmother, Queen Victoria.

To mark this historic reign, the Bank of Canada will issue a special commemorative bank note in 2015. The note will be a variation of the existing $20 polymer bank note that already features a portrait of Queen Elizabeth II. The variation will incorporate a special mention of Her Majesty’s reign.

Circulation and distribution

This commemorative note will be publicly unveiled and issued this fall. It will have the same level of security as all other notes in the Polymer series. More information will be available at that time.

This commemorative bank note will be issued into general circulation and distributed through Canada’s financial institutions.

The Bank is working with financial institutions to ensure that the notes will be available to Canadians across the country. The Bank will issue 40 million commemorative notes. To put this in perspective, there are over 800 million $20 notes in circulation in Canada. The current $20 note will continue to be issued and represent the vast majority of $20s in circulation for the life of the Polymer series.

Steven Woensdag 20 Mei 2015 at 3:53 pm | | news | Geen reacties
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Maldives' new banknotes to be printed on Safeguard

The Maldives Monetary Authority announced a new commemorative banknote early this year. The new note would be issued at the end of July. My prediction was 26 July because of the anniversary of the Independence of the Maldives (26 July 1965).

According to a press release from De la Rue they also plan to introduce a whole new series of banknotes which will be printed on Safeguard polymer. "The Maldives Monetary Authority has selected Safeguard for the first entirely new series of banknotes to be issued in Maldives for over 30 years. The MMA held a design competition to select a local artist to work alongside De La Rue’s banknote designers in the realisation of these new notes. Abdullah Nashaath was the winning artist, selected from a large number of high standard entries and his involvement will ensure that the new family, called Randhihafaheh, has an authentically Maldivian look.

The first denomination to be launched will be a commemorative 5,000 Rufiyaa at the end of July followed by the circulating denominations of 10, 20, 50, 100, 500 and 1,000 from October onwards. The existing 5 Rufiyaa will be converted to coin and the 1,000 Rufiyaa is a new high value at the top of the denominational scale."

Previously Safeguard has been used as the material for two commemorative notes from Lebanon and Gambia. This is the first time a whole series is being produced on Safeguard.

Steven Vrijdag 15 Mei 2015 at 5:57 pm | | news | Geen reacties

IBNS Banknote of the Year 2014

The results are in for the IBNS Banknote of the Year 2014 competition and the winner is.... NOT Kazachstan! Sorry, that was too easy. The actual winner is, also not very surprising, the new 50-dollar note from Trinidad and Tobago.

This year I came really close to nominating the winner because my nomination, the 5,000-francs note from the French Pacific Territories was awarded the second place. Third place went to the new 10-dinar banknote from Kuwait.

Below is the whole top 3 for your viewing pleasure:

1st place

2nd place

3rd place

Steven Vrijdag 15 Mei 2015 at 5:43 pm | | news | Geen reacties
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New additions week 19 - 2015 (2)

This week after a three-day visit to Disneyland Paris I came home finding a brown envelop with some interesting stamps on it in the mail. A letter from the Mujand Trading Company with the new set of fantasy banknotes! I can tell you that this was the perfect homecoming after a long car trip with loads of traffic jams and lousy french food. Below is the description I wrote earlier about this wonderful new set:

"One of the most interesting fantasy banknote series is the one from the Mujand Trading Company. Previous posts about their sets can be read herehere and here. What I like about these sets is not only their beautiful and innovative design but especially the whole story and mythology behind them. The fictional planet Blissdane Naïve and the different nations on the planet provide a fascinating backdrop for the different banknote sets.

Now a fifth set has been released, from the nation of Perish Island. The story goes that this island regularly sinks beneath the water and now has submersible houses on it (please read the whole fantastic story of why this happens here). Following this story the banknotes have been made of a waterproof polymer material. The front of the notes shows half of the portraits above water, while the backs shows the other half of the portrait under water. Front and back put together makes the portrait complete. How brilliant is that?

The set can be bought exclusively at the eBay store of Yuri111."

Steven Vrijdag 08 Mei 2015 at 2:22 pm | | new additions | Geen reacties
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Hong Kong begins development of new series

The Hong Kong Monetary Authority has started the development of a new series of banknotes according to this interesting article in the South China Morning Post. The preparation for the new series will be finished in two to three years. 

"We have just started to prepare for the launch of a new series of banknote," [Monetary Authority chief executive Norman Chan Tak-lam] said at the printing plant. "We expect the whole preparation process may need two to three years as we need time to search for and buy the most advanced security features for the banknotes, while the three note-issuing banks would also need time for their designers to do the design.

 The Hong Kong government issues the city's HK$10 banknotes and allows the three note-issuing banks - HSBC, Standard Chartered and Bank of China (Hong Kong) - to appoint their own designers for banknotes denominated from HK$20 to HK$1,000."

Steven Vrijdag 08 Mei 2015 at 1:44 pm | | news | Geen reacties

Cambodia issues commemorative 10,000-riels note

The National Bank of Cambodia has issued a new commemorative banknote of 10,000 riels. The new note has been issued to commemorate the 62nd birthday of King Norodom Sihamoni who is depicted on the front of the note. The back of the shows Neak Pean ("Entwined Serpents"), the archeological ruins of a Buddhist temple on an island in Preah Khan Baray, Angkor together with a statue of a horse located at the temple called Balaha.

Below the pictures from banknotenews.com.

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

Steven Vrijdag 08 Mei 2015 at 1:32 pm | | news | Geen reacties
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New additions week 19 - 2015

Thanks to family members who remember my hobby I'm sometimes suprised with new notes. It always feels like a little present. Yesterday I got three new notes from former Yugoslavia (P89a, P90a and P92d) and one from the Dominican Republic (P170b).

Steven Maandag 04 Mei 2015 at 10:30 am | | new additions | Geen reacties

Guinea announces new 20,000-francs note

The Central Bank of the Republic of Guinea (BCRG) has announced that a new banknote of 20,000 Guinean francs will be issued on 11 May 2015. The design of the new note emphasizes the modernity and openness of Guinea to the world which is symbolized by two pigeons taking flight.

On the front, the new note shows Guinean women in dedication to the central role they play in the economic life of Guinea. On the back, the hydroelectric dam Kaléta shows the desire of Guinea to become energy self-sufficient. The banknote will be covered with a protective layer on the front and back, making it more resistant and more durable. Also markings for the visually impaired will be added to the note. 

Update 20-05-2015: banknotenews.com has updated images of the new note.

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

Steven Maandag 04 Mei 2015 at 10:11 am | | news | Geen reacties

Burundi issues new series of banknotes

The Bank of the Republic of Burundi has announced and issued a new series of banknotes. The first 4 new notes will be of 500, 2000, 5000 and 10,000 francs. The design of the notes is characterized by the national flag and a particular animal. On the back is the logo of the BRB and a map of Burundi that contains an image symbolizing an economic activity.

As for security, the new notes have the following features:

  • a windowed metallic security thread embedded in the paper, with the letters "BRB"
  • a color-changing effect when the note is tilteda sign for the visually impaired
  • a visible watermark representing one of the two national heroes (the Prince Louis Rwagasore or President Melchior Ndadaye)
  • a transparent fish image visible on both sides of the note

The new notes will circulate side-by-side with the existing notes for three months after which the old notes will cease to be legal tender. The existing notes of 10, 20 and 50 francs will also cease to exist. A new note of 100 francs will however be introduced at a later date. It's unclear to me why they didn't introduce that one at the same time. Perhaps this a cost-related issue since the Bank has also urged the public to take care of the new notes and not bend them more than twice because the replacement of the notes is a costly affair... In my opinion the cost for designing them could also have been a little higher because it looks to me like an amateur photoshop job. But hey, that's just my opinion. 

A leaflet with more information on the newly introduced notes can be found here.

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

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

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

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

Steven Zondag 03 Mei 2015 at 10:04 am | | news | Eén reactie
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