Larger denominations for Azerbaijan

Azerbaijan is planning to issue new and larger denominations into the country. Right now they have banknotes of 1, 5, 10, 20, 50 and 100 manat but notes of 200 and 500 manat have now been announced by the Central Bank of Azerbaijan. You can find more info on this website.

Steven Thursday 15 November 2012 at 08:40 am | | news | No comments
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Disappointing results for De la Rue

De la RueYesterday I wrote about disappointing results for the parent company of Landqart Paper but they are not the only banknote printer who has worried investors with their results. De la Rue, the worlds biggest commercial printer of banknotes, has also published disappointing figures. In response its shares dropped 7%.

De la Rue commented on the figures by pointing out that orders have been delayed and can't be added to this fiscal year. They won't tell which orders, but a persistent rumour says De la Rue has secretly been printing Greek drachma banknotes which could be issued right away in case Greece is forced to leave the euro.

De la Rue is the world's largest commercial banknote printer and responsible for 150 currencies. That means 1 in 5 of every type of banknote being used in the world right now, is printed by De la Rue. Other printers can be found here.

Steven Wednesday 14 November 2012 at 10:07 am | | news | No comments
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Paper Money Fair IBNS Netherlands

The IBNS Netherlands will hold its annual fair on the 8th of December this year. Admission is free for members and €2 for non-members. After the fair the annual meeting will take place at which time a new board will be elected.

The fair will be held from 10:00-16:00 at Hotel Lapershoek, Utrechtseweg 16 in Hilversum. The members meeting will start at 16:30 at the same location.

More info (in Dutch) here.

Steven Wednesday 14 November 2012 at 08:49 am | | news | No comments
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Landqart

There are rumours Swiss banknote printer Landqart could be hived off by its Canada based parent company Fortress Paper. It would then be seperately listed at the London Stock Exchange. These rumours arose due to disappointing results by Fortress: it's banknote printing business lost C$8,9 million in the third quarter (about € 7 million). Fortress CEO Chad Wasilenkoff hinted at radical plans to combat the bad results.

Landqart is one of many banknote printers in the world. To get more information on banknote printers, check this list I have.

Steven Tuesday 13 November 2012 at 08:54 am | | news | No comments
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Zombiecalypse in South Africa?

The new South African banknotes with Nelson Mandela continue to make the news. This time in the form of the painting below. Is it a representation of the coming zombiecalypse? According to artist Ayanda Mabulu his version of the new banknotes is a way to show how the gap between the rich and the poor of South Africa has widened.

I like the art of banknotes, but I'm not too sure about this one... I prefer the original version!

Steven Tuesday 13 November 2012 at 08:22 am | | news, fun | No comments
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The new Europa series

EuropaMore info has come available on the new "Europa" series of euro banknotes which I wrote about yesterday. We already know the new €5 will be released first and then the €10 etc. The new note will be presented in full on 10 January 2013 and will be issued in May 2013.

So what's new? A number of security features have been updated and some of the design will be changed though that's still a little bit shrouded in mystery. The artist chosen for the updated design is Reinhold Gerstetter, an independant banknote designer from Berlin. He is best known for his work on the last series of German Marks (example of his 200 Mark, P47) and on the last series of Spanish Pesetas.

1. The first new feature is the incorporation of the image of the mythological figure of Europa. She will first be visible as a hologram in the silver stripe on the banknote. Next to the hologram is an image of a window and the value of the note:

2. The second novelty is the same image of Europa in the watermark:

3. Last new item: the number 5 will be in emerald green and will shift color when you tilt the banknote.

To get more information you can visit the special website: http://www.new-euro-banknotes.eu/

And you can take a look at the presskit: http://www.new-euro-banknotes.eu/press/Press_Kit_EN.pdf

Below is a video presentation on the new face of the euro:

Steven Friday 09 November 2012 at 08:38 am | | news | No comments
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New euro banknotes in 2013

According to this tickerpost on EUobserver.com the European Central Bank will announce today that new euro banknotes will be issued in 2013.

The European Central Bank is Thursday to present a plan for replacing current euro notes with safer ones from 2013, Hessischer Rundfunk reported Sunday. The second generation euro notes will still have values from five to €500, but motifs will change and improved security features will make forgery more difficult.

Hopefully this means that the new banknotes will also be less boring.

If there's more news today, this article will be updated.

Update:

ECB President Mario Draghi has indeed announced that the new series of euro banknotes will be released next year. This second series of the euro has been named the "Europa" series. It will include a portrait of the mythological figure Europa in the watermark and hologram. The new banknotes will be gradually introduced starting with the 5 euro note in May 2013. Apart from the watermark and hologram an emerald number and other modern security features will be incorporated in the new design. 

The Europa series will have the same denominations as its predecessor: €5, €10, €20, €50, €100, €200 and €500, and they will be introduced in ascending order. They will circulate alongside the first series of euro notes but these will gradually be withdrawn and cease to be legal tender. The final design of the 5 euro banknote will be unveiled on 10 January 2013. 

Steven Thursday 08 November 2012 at 08:00 am | | news | No comments
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Welcome to the new Canadian 20 Dollar

Today Barack Obama was re-elected as president of the United States but their neighbours to the north also have cause for celebration. Because today the new 20 Dollar banknote is released to the general public in Canada.

© Bank of Canada

Recent articles on this beautiful new note can be found here and here.

Steven Wednesday 07 November 2012 at 08:10 am | | news | No comments
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Release of the new South African banknotes

Today the new banknotes of South Africa featuring Nelson Mandela are released to the general public! Read more about them in a recent post or view the promotion material on the official site.

The new notes come in 5 different denominations with an image of Nelson Mandela on the front and the animals of the Big Five on the back.

To promote these beautiful new banknotes the South African Reserve Bank made this video.

Steven Tuesday 06 November 2012 at 2:42 pm | | news | No comments
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Canada's new 20 Dollar is coming

On November 7th the new 20 Dollar will be released to the public in Canada. To announce this event Canada has unveiled a giant image of the note on the side of the Central Bank building.

Picture of the bank from Tom Chao's blog

This has sparked some controversy in Canada due to the costs for this piece of art. The image costs almost $40.000 to design, produce and install. This is of course a large sum for you or me but to be honest: is it that much for a publicity campaign? I don't know.

But that's not the only turmoil surrounding the introduction of the new banknote. Apparently some Canadians have been outraged that the pictures of three naked women and the Twin Towers are on their new money.

Yes, this is the moment where you probably should raise your eyebrows...

What they view as a weird semi-pornographic image is actually the Vimy Memorial in northern France, a monument for Canadian soldiers who died in the First World War. Never let the truth get in the way of a good story I guess. On November 7th everyone can view the new banknotes for themselves at their local sexshop bank.

Steven Wednesday 24 October 2012 at 09:11 am | | news | No comments
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Is this Australia's new paper money?

Australia is developing new banknotes. This project, called Next Generation Bank Note, has started five years ago and so far it has cost 9,3 million Australian dollar (about 7,4 million euro). Supposedly, the Reserve Bank of Australia is running two years behind schedule according to Australian newspapers but they (of course) refuse to comment on this delicate subject.

But now a new set of approved designs had surfaced which will serve as a basis for the final designs. You might notice that queen Elizabeth II is missing from these notes. Don't be alarmed: the central bank has already proclaimed that the queen will appear on the issued note. The new banknotes promise to have a more youthful appearance and will be updated with the latest security features. The approved designs are made by Garry Emery, a designer from Melbourne who also designed the current banknotes in circulation.

I can see the youthful appearance but 'Monopoly' is also something which springs to mind seeing these designs. Due to the complicated process of developing new banknotes, the Aussies will have to wait for a few more years before they have new money in their wallet.





Steven Tuesday 02 October 2012 at 1:50 pm | | news | No comments
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PVV issues 100 Gulden banknotes (update)

We had election night in the Netherlands. The PVV (Freedom Party) distributed banknotes amongst their supporters picturing their leader Geert Wilders on an old 100 gulden banknote. This in support of their wish to leave the euro and return to our former currency, the gulden. The banknotes were made by Benny Wezenberg, a transport company owner and PVV supporter. A spokesperson of the Dutch Central Bank said they were monitoring the action to see if the public wouldn't be confused in thinking it was real money.

Confusion over a banknote with Wilders on it?? Rrrright… Later the spokesperson said it is the duty of the Central Bank to monitor all money being used in the Netherlands and to make sure no fake money enters the system. If it doesn't then they would regard this 'new' note as a joke.

By the way, the stunt had little effect on the results which can be viewed here.

Update: How nice! I tweeted NOS reporter Ron Fresen who was there on election night asking him if he can get a Wilders banknote for me and he will try to send me one!

Update 2: Yes! The banknote has arrived and is added as a fantasy note to my collection.

The Wilders Gulden:

The original 100 Gulden:

Steven Thursday 13 September 2012 at 09:09 am | | news, new additions | No comments
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