New numismatic product from the Philippines

The Bangko Sentral ng Pilipinas (BSP) has recently issued an overstamped note to commemorate 100 years of Masonry in the Philippines. This note was originally available only in sheets of four uncut notes packaged in a folder. Since then, the BSP has begun issuing individual notes into circulation.

There have been several commemorative issues of this 100 Peso note. The list can be found here.

Steven Tuesday 08 January 2013 at 09:23 am | | news | No comments
Used tags: ,

New banknotes Angola postponed

And after Somalia now Angola has also announced it will postpone the introduction of the new 5000 and 10.000 kwanza notes. They were initially scheduled for January 2013 but they will be issued later this year.

You can read more information about these notes in this post I wrote last month. A translation of the article mentioned above can be found here.

Steven Tuesday 08 January 2013 at 09:00 am | | news | No comments
Used tags:

New currency in Somalia postponed

A story from war torn Somalia today. The Somali federal government announced that it would postpone the introduction of new Somali Shilling. These banknotes were printed in Sudan and were ordered by the previous Transitional Federal Government. The introduction has been postponed to "a later date".

This probably has something to do with the lack of centralized financial institutions in Somalia which has been plagued by civil war and unrest for so many years. Currently the only Somali currency in use is the 1000 Shilling note first issued in 1990 and as a second issue in 1996. Somaliland and Puntland, which are autonomous parts of Somalia, have introduced or tried to introduce new banknotes but the central government hasn't. For many years you couldn't even speak of a central government. The Somaliland currency is not internationally recognized (though the region is recognized as an autonomous region). Puntland announced last year it would introduce its own currency but hasn't yet. The lack in Somali currency even prompted local warlords and businessmen to print their own currency. The US dollar is also widely used in Somalia.

Steven Tuesday 08 January 2013 at 08:24 am | | news | No comments
Used tags: , ,

New 25 dirham for Morocco issued

The central bank of Morocco has issued the new 25 dirham. According to this press release posted on 28 December 2012 (in french, or in the english translation by Google) 4.2 million notes have been issued to commemorate the 57th anniversary of Morocco's independance and also the 25th birthday of the inauguration of Dar-Assikkah (Mint). 

A limited series of 200.000 notes numbered 00001000 to 20000000 have been reserved for collectors. The new banknote is the first to be printed on Durasafe. More information can be found in this post.

Steven Friday 04 January 2013 at 08:58 am | | news | No comments
Used tags: , ,

Revised 50 Dollar for Bermuda

Do you sometimes have that feeling that you've made something really pretty like a painting of your dog and after it's done, somebody comes along and mentions that you've forgotten to paint a tail? That must have been the feeling the Bermuda Monetary Authority (BMA) had when they unveiled their new 50 Dollar banknote with beautiful pictures of local birds on it.

Local birds? Not according to ornithologist David Wingate who stated that the bird on the banknote was in fact NOT the local white-tailed tropicbird but rather a red-billed tropicbird. So what did the BMA do? Did they destroy all the wrong banknotes and quickly issued the right ones? No. They stated that it was indeed the wrong bird but that this one looked much nicer against the background than the right bird...

I had the exact same feeling with our former dutch 250 Gulden banknote. Instead of a firehouse, they should've put the Eiffel Tower on it. It's not a dutch building but that's just a minor detail of course.

Apparently the BMA had a change of heart because revised banknotes have been issued. This time with the right local bird on it and with a slightly different colour scheme. The prefix of the serial number has also been changed. The issue date for the old and new banknote remains the same: 1 January 2009.

On the left is the old banknote and on the right the revised version.

Source

Steven Thursday 03 January 2013 at 11:20 am | | news | No comments
Used tags: ,

New banknotes for Fiji issued

As announced in this previous post, Fiji has issued its new banknotes yesterday 2 January 2013. The colourful notes have all been issued except for the 5 Dollar banknote. This is the only polymer note in this series and has been delayed until April for unknown reasons. But no worries: the Fiji people have plenty to admire in their new money. 

More information and images can be found in this post.

Steven Thursday 03 January 2013 at 11:09 am | | news | No comments
Used tags: ,

New banknotes for Zambia

As announced Zambia issued new kwacha banknotes on 1 January 2013. Basically they kicked three zeros from their previous notes. This rebasing of their currency leaves with them K100, K50, K20, K10, K5 and K2 notes and coins for K1, 50 ngwee, 10 ngwee and 5 ngwee.

From 1 July 2013, the old currency will not be accepted anymore, but it will be exchangeable for a year thereafter for the new currency at the Bank of Zambia, commercial banks and designated agents. The new currency will get the symbol K. And what do the new notes look like? Click:

The new banknotes

Update: sadly this rebasing of the kwacha has prompted some people to deceive others, particularly with the old and new K100 notes, as can be read in this article.

The old K100 banknote is a low value banknote and is now equivalent to 10 Ngwee in the redenominated banknotes while the new K100 banknote is equivalent to K100, 000 in the current family of banknotes.

Steven Wednesday 02 January 2013 at 08:13 am | | news | Two comments
Used tags: ,

New design for Tajikistan's 5 and 10 Somoni

On 25 December 2012 the National Bank of Tajikistan introduced new 5 and 10 Somoni banknotes. The design is the same as the previous versions (P15 and P16) but in the new design a Kinegram stripe has been introduced on the front. The notes of 20, 50, 100, 200 and 500 Somoni already have a Kinegram stripe.

Unfortunately, the National Bank only has these two small images available but I'm looking for larger images.


You can read more about Kinegrams on this wikipedia site or in my list of security features.

Steven Thursday 27 December 2012 at 10:15 pm | | news | No comments

New banknotes for Angola in January

According to this article Angola will issue its first two banknotes of the new series in January 2013. This will be the 5000 and 10.000 kwanza notes. Angola currently has 2,000, 1,000, 100, 50, 10, and 5 kwanza banknotes in circulation. Governor José Massano of the National Bank said that authorisation for the new banknotes had been granted in June. Massano also noted that the decision to put more banknotes into circulation was due to the governments wish to popularise the use of the kwanza, which is used alongside the US dollar for transactions in Angola.

© Banknotenews
© Banknotenews

Steven Thursday 27 December 2012 at 09:44 am | | news | No comments
Used tags:

New face for Britains 10 Pound

The Bank of England has released a list of 150 names put forward by the public with famous Britons to be considered for the new 10 Pound banknote. This note currently has an image of Charles Darwin on the back.

Some of the new names include David Beckham, Mick Jagger, The Beatles, Sir Winston Churchill and William Shakespeare. The most likely new face however is Second World War Enigma codebreaker Alan Turing who died in 1954. More than 25.000 people have signed an online petition calling for recognition of his achievements. 

The complete list after the break:

Read on

Steven Monday 24 December 2012 at 07:30 am | | news | No comments
Used tags: , , ,

New signature varieties for Turkey

Turkey has announced that new signature varieties will be issued on 24 December 2012. The new varieties will be for the 10, 20 and 100 Lira banknotes. The following signatures will be issued:

  • 10 Lira: deputy governor Necati Sahin
  • 20 Lira: deputy governor Murat Çetinkaya
  • 100 Lira: deputy governor Necati Sahin

The new images will be:

10 Lira - © Central Bank of the Republic of Turkey
20 Lira - © Central Bank of the Republic of Turkey
100 Lira - © Central Bank of the Republic of Turkey

Steven Sunday 23 December 2012 at 4:35 pm | | news | No comments
Used tags:

New banknotes for Transnistria

On 15 January 2013 Transnistria will issue new banknotes. The design will stay the same but the notes will have additional security features. One of these feautures will be a security thread. Also the date on the notes will be changed to 2012. More info can be found on this site (in Russian).

Steven Sunday 23 December 2012 at 4:24 pm | | news | No comments
Used tags: