Fiji issues new commemorative rugby sevens note!

The Reserve Bank of Fiji has issued a very cool new commemorative banknote. The 7-dollar note has the national Rugby sevens team and their victory at the 2016 Olympic Games in Rio as its subject. The note is printed by Oberthur Fiduciaire and is printed in a limited number of 2 million copies. An unknown amount will be sold as a special numismatic product. The note is expected to be sold out very quickly. 

This note ticks a lot of boxes for me: I like the unusual amount on the banknote, I like the images used on the note and I happen to like rugby a lot! This sounds like a must-have for me. 

Steven | Saturday 22 April 2017 at 4:05 pm | | news | No comments

Canada reveals stunning commemorative note

The Bank of Canada has revealed what their new commemorative 10-dollar banknote will look like. I expected an epic banknote and they absolutely delivered!

The front of the banknote celebrating the 150th anniversary of the Confederation of Canada celebrates 4 leaders from the past: Sir John A. Macdonald, Sir George-Étienne Cartier, Agnes Macphail and James Gladstone (Akay-na-muka). The names of all of Canada’s provinces and territories and the dates when they entered Confederation are repeated in English and French across the top and bottom of the large window. To the left is the Memorial Chamber Arch. This arch is located inside the Memorial Chamber of the Peace Tower on Parliament Hill. The Memorial Chamber was dedicated in 1927 to all Canadians who died in military service during the First World War. The chamber has since come to honour all Canadian men and women who gave their lives in service to their country. In the back we can see the Hall of Honour. The Hall of Honour is the central corridor of the Centre Block on Parliament Hill

The back of the note celebrates the natural features of Canada: the coast mountains, the prairies, the Canadian Shield and the Atlantic coast. In the background are the Nothern lights. Several cultural references have been added as well: the assomption sash (a pattern important to the Métis people), an owl's bouquet designed by the Inuit artist Kenojuak Ashevak, thirteen maple leaves which are linked by their stems represening each of Canada’s provinces and territories and of course the Maple Leaf, the Canadian flag and Canada's Coat of Arms. The banknote will be issued from 1 June 2017.

All in all: in my humble opinion the most beautiful banknote I've seen this year and top contender for Banknote of the Year 2017 as far as I'm concerned. 

Steven | Sunday 09 April 2017 at 10:00 am | | news | No comments

Canada set to unveil its new commemorative banknote

The Bank of Canada has announced it will unveil the new commemorative banknote celebrating the 150th anniversary of the Confederation of Canada at a special press conference on 7 April 2017 at 10:15 am local time (that's 16:15 CET).

The event will be live broadcasted on the Bank’s website and YouTube channel.

I don't know about you but I'm pretty excited about this note, maybe because it's only the fourth commemorative banknote in the history of the Bank. For some reason I expect nothing less than an epic banknote! The new polymer note should be issued from 1 July 2017.

Steven | Wednesday 05 April 2017 at 3:32 pm | | news | No comments

ECB issues new 50-euro note

The European Central Bank (ECB) has introduced the new 50-euro banknote on 4 April 2017. This 4th note in the new Europa series has the same color scheme as the old note and also keeps the renaissance themed bridge.

Like the 20-euro note from the second series, the 50-euro also has a portrait window as a new security feature. You can find more information on the new note at the official website Our Money from the ECB.

Steven | Wednesday 05 April 2017 at 3:23 pm | | news | No comments
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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

New additions week 12 - 2017

I recently visited my local brick and mortar store to get new plastic sheets for banknotes (I always use Leuchtturm Vario 3C by the way) but I couldn't pass the 1-euro bin without looking at the notes. For some reason I always find something wedged between some raggedy old notes. This day was no exception since there were a lot of new notes recently added. 

The harvest of this week:

  • Romania - 1 lei (P117d)
  • Czech Republic - 20 korun (P10a)
  • Thailand - 20 baht (p124a1)
  • Mexico - 20 pesos (P122k1)
  • Russia - 100 rubles (P13b.c01 and proving that size does matter)
  • France - Chambre de Commerce Marseille - 50 centimes (PNL)

Steven | Saturday 25 March 2017 at 4:41 pm | | new additions | No comments

Congo announces new banknote series

The governor of the Banque Centrale du Congo (BCC), Deogratias Mutombo Mwana Nyembo, announced on 13 March 2017 new notes for the banknote series from 500 Congolese francs to 20,000 Congolese francs.

Part of the reason for this decision is the massive counterfeiting in Congo. Recent reports mention that 1.2% to 2% of the circulating highest denomination notes of 20,000 Congolese francs is actually false. This was the work of a gang that included a Director of the Banque Centrale du Congo by the name of Paluku, who stole the plates and had the notes printed in a country in Asia.

The banknotes of the new series will have new security feautures. 

Steven | Tuesday 21 March 2017 at 08:43 am | | news | No comments
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Barbados has issued a commemorative 50-dollar note

The Central Bank of Barbados has issued a special banknote celebrating the island’s golden jubilee. It is basically the same banknote issued in 2013 but with an added logo on the front reading "Barbados 50". 

From the press release: "We felt it was important to recognise this milestone in our nation's history with a commemorative note," said Octavia Gibson, Deputy Director, Currency at the Central Bank. "We consider the choice of the $50 apt, not only because of the denomination, but also because it bears the portrait of the Father of Independence, the Right Excellent Errol Barrow." The back of the note also carries a shot of Independence Square in Bridgetown.

Gibson assured the public that while the commemorative note carries the "Barbados 50" logo in the upper right corner of the front of the note, the security features have not changed. "You will see the same watermark, the ghost image of Errol Barrow, when you hold the note up to the light. The bars near the centre of the note still shift from red and green when the note is tilted and then become a complete strip when it is held up, and there is still the holographic foil patch on the right side. The features that people use to authenticate their notes have not changed."

Steven | Tuesday 21 March 2017 at 08:24 am | | news | No comments
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New additions week 11 - 2017

Recently we had a teambuilding day at work. One of the tasks was to present something personal and talk about it. Of course I brought a banknote with me and talked about this beautiful hobby. This in turn led to several co-workers remembering that they also had some banknotes in their attics which they generously donated to me. 

So I have added the following notes to my collection:

  • Czechoslovakia, 10 Korun, P94
  • Czechoslovakia, 20 Korun, P95 (which I already had but in much worse condition).
  • Lithuania, 1 Litas, P53a

Steven | Monday 13 March 2017 at 10:09 pm | | new additions | No comments

Iran to reduce size of future banknotes

The Central Bank of the Islamic Republic of Iran has announced that the size of future Iranian banknotes will be reduced, Newslist reports.

"The Central Bank of Iran plans to print banknotes in smaller sizes, the director of CBI’s Office for Banknote Issuance said.

"CBI is also working on new designs for 50,000-rial and 100,000-rial banknotes," Fars News Agency also quoted Masoud Rahimi as saying on Saturday.

The central bank last week unveiled a new version of 10,000-rial banknotes, which is smaller than the current notes, during President Hassan Rouhani’s visit to the bank."

Steven | Sunday 12 March 2017 at 09:38 am | | news | No comments
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Russia to issue new banknotes soon?

The Central Bank of Russia will issue new 200- and 2,000-ruble banknotes this year. The public chose the themes of Sevastopol and Kazan to be on the two new banknotes. Sevastopol has the Monument to the Scuttled Ships and Chersonesus as its local themes. For Kazan it's the Kremlin and the Kazan Federal University. Now pictures are circulating online which supposedly show the new notes. The notes could be issued soon.

To be honest: I'm not convinced. The "200-ruble note" shown here looks more like one of the designs entered in the competition. The "2,000-ruble note" looks more finished but I don't immediately recognize the announced themes on this banknote. Perhaps a Russian reader recognizes the places shown on the note?

Update 21-03-2017: I asked and reader Kirill delivers. The notes shown here are indeed fakes. The actual design is still unknown at this point. 


Steven | Wednesday 08 March 2017 at 11:06 am | | news | Two comments
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Ghana issues new commemorative banknote

The Bank of Ghana has issued (pdf) its new commemorative 5-cedis banknote in commemoration of the 60th anniversary of the Central Bank.

From the press release: "The design of the GHS5 commemorative note draws inspiration from significant milestones and achievements in Ghana?s socio-political history by one of the illustrious sons of this country, Dr. James Emman Kwegyir Aggrey." A portrait of Dr. Aggrey features on the front. Also on the front is the celebration theme: "Celebrating 60 years of central banking in Ghana 1957 – 2017.", the national coat of arms and the date of "4th March 2017".

The back of the note shows the cowry (shell money) or what is originally called "sedee" from which the national currency "The Cedi" was derived; and the Cocoa pod and Gold Bars which reflects their economic importance to the Ghanaian economy. We also see the FPSO Nkrumah, the drill ship and the oil rig, which represents the economic importance of oil to the Ghanaian economy and a QR-code linking to a website of the Central Bank that explains the details of the national banknotes.

The note is legal tender as well as a collector's item.

Steven | Wednesday 08 March 2017 at 10:41 am | | news | No comments
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