Frida the rescue dog on a banknote?

Mexico is still recovering from the earthquake. The nation mourns the hundreds of deaths and tries to rebuild after the devastation. One of the uplifting stories is rescue dog Frida who is deployed by the Mexican Navy to look for victims beneath the rubble. So far she's found dozens of people and her story is one of the few lights in the Mexican darkness. 

The Mexican people are so proud of the hero dog someone even suggested that she should be honored with her own banknote. Looks kind of nice doesn't it? 

Steven | Thursday 28 September 2017 at 8:24 pm | | links | No comments
Used tags: ,

Joh. Enschedé sells its banknote printing equipment

Do you have an empty garage? And has it always been your dream to print your own money? Don't wait any longer and grab your chance now!

Last December I wrote about the renowned Dutch banknote printer Royal Joh. Enschedé who would stop printing banknotes. Well, they will now sell their inventory to the highest bidder. The auction contains "...paper cutting machines, counting lines, collection/sealing machines, binding machines, cutting lines, varnish coater, light authenticity tester, laboratory and testing equipment, hydraulic ink mixer, rolling stock and office inventory etc. due to the closure of the banknotes department of Royal Joh. Enschede B.V, in Haarlem, The Netherlands."

You can find the auction here, but be warned: it's a bit of a sad sight... :-(.

Steven | Friday 08 September 2017 at 3:15 pm | | links | No comments
Used tags: ,

BBC: Russian explorers find 'swamp' of Soviet money

From the BBC website an interesting article on the discovery of vast amounts of old Russian banknotes.

"A group of explorers in Russia have found around a billion roubles in old Soviet money at an abandoned mine, but it's all completely worthless.

The group from Saint Petersburg, who publish a blog on abandoned sites across Russia, came across the money after following rumours that large quantities of cash had been dumped in old missile silos near Moscow after the collapse of the Soviet Union, the Komsomolskaya Pravda news website reports. After travelling for several hours across rough terrain in Russia's Vladimir region, they found the mine literally overflowing with cash.

© YOUTUBE/ABANDONED COUNTRY

The site contains an estimated one billion roubles ($18m; £13.5m at current exchange rates, or $33.3m at the "official" Soviet rate in 1991) in Soviet Union banknotes of various denominations issued between 1961 and 1991, all no longer legal tender in the Russian Federation. The mine had been flooded in recent years, leaving what was essentially a swamp of banknotes bearing the face of Vladimir Lenin, the explorers' YouTube channel shows."

What a find! You can read the rest of the article here. The video of this discovery can be viewed below. 

Steven | Friday 26 May 2017 at 08:32 am | | links | No comments

Funny video for new Norwegian 200-kroner note

It's only a few more days until the Norges Bank issues the new 100- and 200-kroner banknotes. These will be the first two notes of the highly anticipated new series

To celebrate this event the Norges Bank has begun a campaign featuring the video below which is 'celebrating' the new 200-kroner note which has the image of a cod on the front.

The video features the trio KLM along with a certain 'DJ Codfather' singing the song "Torsken kommer II – Torske kroner nå" which roughly translates into something like "the cod is coming". The rest of the text is more difficult to translate into English according to Bank President Øystein Olsen.

I wish more central banks made bizarre funny videos like this!

Steven | Thursday 25 May 2017 at 08:31 am | | fun, links | No comments
Used tags: ,

Canadian police: "watch out for Frankenstein notes"

Canadian police is warning the public for a new type of counterfeiting involving the 5-dollar notes.

In a nutshell: "Police say counterfeiters are removing the clear panel near the side of the bill, which also contains two shiny, embedded holographic strips. The clear plastic is being replaced with tape, and tinfoil is being used as a substitute for the holograms.

Investigators suspect the real $5 panels are being repurposed to create higher-denomination counterfeits, while the cobbled-together $5 bills are being put back into circulation. The result is two Frankenstein-like sets of bills, with each containing elements of real and fake banknotes."

I wonder if we will see these kind of notes show up on sites like eBay advertised as "very rare misprints!".

© www.ctvnews.ca
The top note is counterfeit, the real note is the bottom one.

Steven | Wednesday 17 May 2017 at 09:42 am | | links | No comments
Used tags: , ,

Swiss 50-francs note Banknote of the Year 2016

The 2016 Banknote of the Year award has been won by the Swiss National Bank for their 50-francs note. The note was issued in April 2016 and has been praised for its design and security. 

source - banknotenews.com
source - banknotenews.com

Steven | Thursday 11 May 2017 at 08:09 am | | links | No comments
Used tags: , , ,

The proposed currency of the Netherlands (post-euro)?

Yesterday I read a very interesting article on the website FTM.nl (Follow The Money) titled "This is our new currency (if things go wrong with the euro)". It's an investigative journalism site which is unfortunately behind a paywall, but if you sign-up you can read the first month for free after which the subscription is cancelled automatically (articles are in Dutch but Google Translate will get you pretty far, for those interested).

Anyway, what peaked my interest was of course the title and subject of the article. There have always been rumours that during the Greek debt crisis the financial world and the Finance Ministers in particular took into consideration that the euro might collapse. What then? We couldn't just open the vaults and bring out the old gulden banknotes again.

The Dutch Finance Minister Jeroen Dijsselbloem never publicly admitted it but in deepest secret the Dutch banknote printer Royal Joh. Enschedé was preparing for exactly such an event. The article describes the search for these illustrious banknotes and the secrecy surrounding the production. Even admitting that such banknotes were being printed for a worst case scenario could very well have been explained as the Dutch already giving up on the euro furthering its downfall. 

Although the journalist eventually had confirmation that the banknotes had indeed be printed, he never had visual proof of them. Rumour has it that they are still being kept in a gigantic vault in the middle of The Netherlands. No proof, until he met a retired public servant from the Dutch Ministry of Finance who (after some hesitation) showed him the note below.

It's supposed to be a banknote of 5-florijn, the so-called proposed new currency of the post-euro Netherlands. As you may know, the florijn has been a currency in the past and is still used today in some parts of the world. How totally awesome would a find like that be??

Well... it's not. What the journalist was shown is a 5-florijn testnote from Royal Joh. Enschedé. A note which is not a secret at all but can be bought on eBay. The search for the real secret post-euro banknotes continues, I guess.  

© www.ftm.nl

Image © www.ftm.nl.

Steven | Sunday 02 April 2017 at 09:38 am | | links | No comments

Vote for Banknote of the Year 2016

Yes'it's that time of the year again: voting has started to elect the Banknote of the Year 2016. The winner will be decided by a vote of the IBNS, who will consider the artistic merit, design, use of colour, contrast, balance, and security features of each nomination.  The winner will be announced at the the first IBNS Board meeting of the year in Valkenburg, the Netherlands in April 2017 at the annual Paper Money Fair

Every member of the IBNS is able to vote and choose their personal top 3. I haven't nominated any banknotes myself this year because the note I wanted to nominate (the Swiss 50-francs note), had already been sent in by another IBNS member. 

The nominees this year are:

My personal top 3 will be:

  1. Switzerland's 50 Franc
  2. Argentina's 500 Peso
  3. Maldives 1,000 Rufiyaa

Steven | Thursday 23 February 2017 at 11:08 pm | | links | No comments
Used tags: , ,

The Evolution of the American One Dollar Bill

This video was recently posted on YouTube: The Evolution of the American One Dollar Bill. Some real beauty's here! And I never realised that the very first dollar note from 1862 didn't have George Washington on the front but Salmon P. Chase who was Secretary of the Treasury from 1861-1864 and used the note for better recognition of his face to further his political career. 

Steven | Saturday 21 January 2017 at 1:56 pm | | links | No comments
Used tags: , ,

Manuela Pfrunder on designing Swiss banknotes

Designer of the new Swiss banknotes, Manuela Pfrunder, sheds some light on the difficult process of designing new banknotes for Switzerland. A fun read in German or translated by Google in English.

source - banknotenews.com

Steven | Friday 30 December 2016 at 10:17 am | | links | No comments
Used tags: ,

Secrets of the new RBS banknotes

I found two links to some really nice background articles on the design process of the two new RBS banknotes from Scotland on the IBNS forum. It provides a very entertaining look behind the scenes.

- How "Fabric of Nature" Scottish bank notes were designed 

Hidden secrets in new Scottish £5 banknote revealed by designers

source - banknotenews.com
source - banknotenews.com

Steven | Friday 04 November 2016 at 2:59 pm | | links | No comments

A look inside the vaults of the Bank of England

On Tuesday 13 September 2016 the new polymer 5-pound note will be issued to the British public at last. Because of that historic moment a very nice article has appeared on the site of The Telegraph. A look inside the vaults of the Bank of England and a rare insight into the process of getting the new banknote into the hands of the British citizens. I especially liked the photos of places most people never get to see. 

The oldest banknote from 1697 and the new polymer 5-pound. (Credit: Heathcliff O'Malley)

Steven | Sunday 11 September 2016 at 10:02 pm | | links | No comments