Canada's 10-dollar note Banknote of the Year 2018

The Bank of Canada wins the award for Banknote of the Year 2018! The 10-dollar note featuring Viola Desmond (1914-1965) wins the trophy which was won by Switzerland in 2016 and 2017. No complaints here since this note was also my pick for the award (I actually nominated the note but IBNS International denied the entry because somebody beat me to it...). 

A quick overview of the winning note: "The back of the $10 bank note features images and symbols that represent Canada’s ongoing pursuit of rights and freedoms. It features the Canadian Museum for Human Rights—the first museum in the world solely dedicated to the evolution, celebration and future of human rights. Also depicted on the note are an eagle feather—representing the ongoing journey toward recognizing rights and freedoms for Indigenous Peoples in Canada—and an excerpt from the Canadian Charter of Rights and Freedoms."

Steven Monday 29 April 2019 at 6:04 pm | | news | No comments
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Macau announces commemorative banknote for 2019

In Macau the Banco Nacional Ultramarino (BNU) and the Bank of China will both introduce a commemorative banknote of 20-petaca celebrating the 20th anniversary of the return of Macau to China.

There will be 5 million banknotes available, starting from the second half of 2019. 

Steven Friday 19 April 2019 at 2:53 pm | | news | No comments
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Japan announces three new banknotes for 2024

According to an article in Japan Today, Japan will issue three new banknotes in the first half of 2024.

"The new ¥10,000 bill will feature Eiichi Shibusawa (1840-1931), a banker and business leader dubbed “the father of Japanese capitalism.” Shibusawa played a key role in modernizing the Japanese economy, Aso said. The back side of the bill will feature an illustration of the Marunouchi side of Tokyo Station.

The ¥5,000 bill will feature Umeko Tsuda (1864-1929), the founder of Tsuda University in Tokyo, who studied in the U.S. and became a pioneer in the education of Japanese women in early 20th century. The back side will feature an illustration of wisteria flowers.

The ¥1,000 bill will feature Shibasaburo Kitasato (1853-1931), a bacteriologist who helped build the foundation for modern medical science in Japan. The opposite side will feature “The Great Wave off Kanagawa,” the famous woodblock print by ukiyo-e artist Katsushika Hokusai.

A portrait on the new bills will be rendered as a 3D hologram, which the Finance Ministry said is a world first for currency.

Aso said the government will not redesign the ¥2,000 bill because the number of bills in circulation “is extremely small.”

The announcement follows Chief Cabinet Secretary Yoshihide Suga’s April 1 announcement that the new Imperial era, set to begin on May 1 when Crown Prince Naruhito ascends to the Chrysanthemum Throne, will be called Reiwa. Emperor Akihito is set to abdicate on April 30.

Some government officials welcomed the timing of the announcement to coincide with the change in era, but Aso told a news conference that the era change was not the main factor. Japan changes the designs of the three bills to prevent counterfeiting about every 20 years, Aso said.

“We didn’t pay much attention to the announcement of the era name,” Aso said.

The last time Japan introduced new bill designs was 2004, a change announced in 2002.

In the first part of fiscal 2021, the ministry will also introduce a new ¥500 coin with the same design but using new materials.

According to the Finance Ministry, about 9.97 billion ¥10,000 bank notes were in circulation in fiscal 2018, along with 660 million ¥5,000 bills, 100 million ¥2,000 bills and 4.2 billion ¥1,000 bills.

Older bills will remain valid, but the ministry expects that most will be replaced in the three to four years after 2024, officials said.

The current ¥10,000 bill features Yukichi Fukuzawa (1835-1901), an intellectual leader of the Meiji Era who founded Keio University in Tokyo. Fukuzawa was featured on the ¥10,000 bill introduced in 1984 and remained the face of the bill in the 2004 redesign, meaning the upcoming change will be the bill’s first in 40 years.

On the front side of the current ¥5,000 bill is writer and poet Ichiyo Higuchi (1872-1896), and the current ¥1,000 bill features medical scientist Hideyo Noguchi (1876-1928).

In 1984, the government decided not to feature any politicians or military leaders on bank notes to maintain political neutrality. Figures for the main portraits are chosen from among cultural figures of the Meiji Era or later."



Steven Friday 19 April 2019 at 2:40 pm | | news | No comments
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Ghana announces updated notes for 6 May 2019

The Bank of Ghana has announced that on 6 May 2019 updated notes will be issued to the public. From the press release:

"The upgraded banknotes will have enhanced security features in line with evolving changes in the technological landscape. The upgraded banknotes also come with improved durability and machine readability. The enhanced security features are:

  • Optically Variable Magnetic Image (SPARK LIVE): It is a shiny colour-changing image of the cowrie shell on the GH₵10, star on the GH₵20 and cocoa pod on the GH₵50. When the note is tilted, a shiny line across the cowrie shell, star, and cocoa pod moves up and down. The colour of the feature also changes from gold to green when tilted.
  • New Enhanced Security Thread (RAPID): It is a shiny broken line with movement that runs through the banknote from top to bottom. It is continuous when viewed against light. When the note is tilted, a star expands and contracts while the denomination value stays still.
  • More Prominent Watermark: It is the image of Tetteh Quarshie with a cocoa pod which has been made more noticeable in the plain star area of the banknote. It becomes visible on both sides when viewed against light. The denomination value can also be seen in the watermark area.
  • Enhanced Iridescent Band at the Back of the Banknote: It is a golden band with gold bars at the back of the banknote that runs from top to bottom. It can be seen more clearly when the note is tilted against light.

The following principal design elements remain unchanged in the upgraded banknotes:

  • The Big Six portrait
  • Denominational colours
  • Dimensions of the various denominations
  • Other principal and background images

The upgraded and the existing series of banknotes will co-circulate."





Steven Monday 08 April 2019 at 10:10 pm | | news | No comments
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Bahamas announces new 3-dollar note

The Central Bank of the Bahamas will issue a new 3-dollar note on 28 March 2019. 

What will it look like? From the press release: "Predominantly, burgundy with shades of brown, red, lavender, and yellow, the banknote measures 156 mm long and 67 mm wide bearing on the front a portrait of Queen Elizabeth II, the series, and the signature of the Governor of the Central Bank of The Bahamas, together with the words "Central Bank of The Bahamas. These notes are legal tender under the Central Bank of The Bahamas Act 2000 for payment of any amount Three Dollars". A watermark of Queen Elizabeth II and numeral $3, a replica map of the islands of The Bahamas, and the denominational value in words and figures appear on the left, with an image of a Passion flower in the center.

The back features images of sail boats at sea. The images are flanked above by the numeral $3 that appears in the upper left and lower right corners, while the words "Three Dollars" are in the upper right quadrant. Just below the images of sail boats is the Coat of Arms of the Commonwealth of The Bahamas along with the words "Central Bank of The Bahamas"."

Update 8-4-2019: pictures and videos below.

CRISP Evolution (CE) $3 Banknote from CBOB IAM on Vimeo.

Steven Friday 22 March 2019 at 3:48 pm | | news | No comments
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Azerbaijan issues new 10-manat banknote

The Central Bank of Azerbaijan has introduced a new 10-manat banknote on 18 March 2019. 

"The key design element of the renewed 10 manat banknote has been retained (a schematic view of the Icheri Sheher and the Maiden Tower, the Azerbaijani map and European integration, a number of carpet patterns).

As for security elements, in contrast to the existing 10 manat banknote, the new banknote on the obverse has the Coat of Arms of Azerbaijan as a watermark. 

On the left side there is a new hologram reflecting the Maiden Tower, moving waves and a big denomination number in color changing shimmering lines in 3D effect (LEAD). Mini letters and figures are visible in different parts of the hologram. At the same time, the front of the banknote depicts the image of part of the Icherisheher, that delivers dynamic light effects and color changing properties from green to blue (SPARK LIVE®). The tactile printings can help sight impaired persons to recognize the value of the note.

On the reverse of the banknote there is a window type new security thread with '10' and 'AMB' texts on it and color changing properties from green to blue (Rolling Star®). Also iridescent ink stripes in violet and gold reflect the '10 AZN' letters."

Steven Friday 22 March 2019 at 3:43 pm | | news | One comment
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SCWPM publisher F+W Media files for bankruptcy

Well shit...

"The firm F + W media, a major periodical and book publisher whose titles include Numismatic News, Bank Note Reporter, and the seminal references Standard Catalog of World Coins and Standard Catalog of World Paper Money, has filed for Chapter 11 bankruptcy protection to reconcile $105.2 million in outstanding debt.

In its March 10 filing in U.S. Bankruptcy Court for the District of Delaware in Wilmington, F + W Media cites just $2.5 million in cash on hand. The company plans to remain in operation while it plans liquidation of its holdings.

Company officials cite industry decline, problematic investments and corporate mismanagement as contributing factors leading F + W into bankruptcy.

The court filing identifies an estimated 1,000 to 5,000 creditors that fill 543 pages of court documents."

Will this be the end of the Standard Catalog of World Paper Money?

Steven Friday 22 March 2019 at 3:40 pm | | links | No comments
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Switzerland announces issue date for 100-francs note

The Swiss National Bank (SNB) has announced it will present it's new 100-francs banknote on 3 September 2019 and it will be issued to the public from 12 September 2019. This news was mentioned in the same press release where they announced the new 1,000-francs note.

The 100-francs note will conclude the release of the ninth banknote series.

Steven Friday 08 March 2019 at 09:28 am | | news | No comments
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Switzerland announces new 1,000-francs note

The Swiss National Bank (SNB) has announced it will start to issue its new 1,000-francs banknote from 13 March 2019. From the press release:

"The inspiration behind the new banknote series is ‘The many facets of Switzerland’. Each denomination depicts a typically Swiss characteristic, which is then illustrated graphically using a range of elements. The 1000-franc note focuses on Switzerland’s communicative flair, as expressed by language, the note’s key motif. Core design elements are the hand and the globe, which appear on every denomination in the new series.

As with the banknotes currently in circulation, the ninth series consists of six denominations; the colour scheme, too, remains the same. Accordingly, the main colour of the new 1000- franc note is purple. However, the format has been modified – the new notes are smaller and thus easier to handle. The innovative combination of complex security features and sophisticated design provides state-of-the-art anti-counterfeiting protection."

Shall we just send the Banknote of the Year Award 2019 already? 

Steven Friday 08 March 2019 at 09:16 am | | news | One comment
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Mongolia issues updated 5,000-tögrög note

The Central Bank of Mongolia has issued a new 5,000-tögrög banknote. The new note uses "the latest technology elements. This new element is virtually impossible or too costly to imitate.

With the introduction of the 3-dimensional technology and the Spark Inkjet element, the Soyombo on the real currency will have a distinctive feature, which changes color with the movement, from the counterfeit currency."

The old 5,000-tögrög notes will remain valid. New notes of 10,000- and 20,000-tögrög will be issued later this year.

Steven Monday 04 March 2019 at 11:43 am | | news | No comments
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Guyana issues updated 1,000-dollars note

The Bank of Guyana has issued an updated version of their 1,000-dollars banknote. The new note has two distinctive changes:

"The first change is the replacement of the holographic stripe at the front of the note with a RAPID® micro-optic security feature. The six millimetre-wide, blue micro-optic feature displays fluid and highly visible movement behind the national flower – the Victoria Regia Lily, which is also represented in the print on the edges of the note. With only a slight tilt of the banknote, the BoG added, the bands in the RAPID feature move up and down behind the static numerals "1000" as the flower petals shimmer in blue and white.

Meanwhile, the second change is the replacement of the windowed security thread at the back of the currency note with an embedded plastic thread, which is visible when held against the light."

Steven Monday 04 March 2019 at 11:12 am | | news | One comment
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Northern Ireland: new issue of 5- and 10-pound notes

It was already announced that two Northern Ireland banks would make a switch to polymer £5 and £10 notes. The new Danske Bank and Bank of Ireland currency has entered circulation in February 2019. 

Danske Bank's new £10 polymer note is similar in design to the previous paper note, bearing a portrait of inventor John Dunlop. The Bank of Ireland has also issued new £5 and £10 notes, with the polymer versions retaining the image of Bushmills Distillery in County Antrim.

source - www.mriguide.com

The Ulster Bank has issued also two new banknotes of 5 and 10 pound made of polymer. I think they look very pretty and to me they're definitely the best looking banknotes of the lot. 

Steven Sunday 03 March 2019 at 5:36 pm | | news | No comments