New additions week 26 - 2015

Just recently I wrote about the limited edition 5-zilchy note from the Mujand Trading Company honouring the works of Edgar Allen Poe. This week I received the polymer beauty and it is gorgeous. Read more about it here and you can order one for yourself here

Steven | Sunday 28 June 2015 at 08:23 am | | new additions | No comments
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News from the Mujand Trading Company

Exciting news from the Mujand Trading Company, the maker of one of the finest series of fantasy banknotes at this moment. A new limited edition polymer note is available and an existing series gets a makeover. 

First the very first series A, featuring Early American Writers, gets a limited edition new 5-zilchy note made of polymer. The new back is very stylish and honours the works of Poe. 

And second, the existing series C from the Kuninganna Territory gets a complete makeover. The old big white notes which resembeled the old British banknotes were, according to the story on the Mujand website, too big and too naked. Yeah I just love this kind of background story to a fantasy series! So now we get a whole new design which gives me an old Eastern European vibe. Looking forward to seeing the whole newly designed series!

Steven | Monday 22 June 2015 at 9:42 pm | | news | No comments
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USA announces new $10 with a woman's face on it

Exciting (and historic) news today from the USA! The US Treasury Department has announced it will redesign the the $10-note as the first note of a new theme and in the process introduce a woman. Alexander Hamilton's face will still be present on the note but it hasn't been made clear how they will practically do this. The possibility of two seperate notes is also on the table (do I hear a possible commemorative issue?). 

As most of you are surely aware, there has been much debate lately to place a woman on an US banknote. Most of the discussion involves which woman should get the honour. Less time had been spend on the question which banknote should have its face replaced. The $20 featuring the face of Andrew Jackson was the most likely candidate according to the action group Women on 20's

However, the competition seems to be wide open again which woman will have her face on the new note, according to the statement on the Treasury Department's site:

The next generation of currency will revolve around the theme of democracy. The first note, the new $10, will feature a notable woman. In keeping with that theme, it’s important that you make your voice heard. Use #TheNew10 to tell us your ideas, symbols, designs or any other feedback that can inform the Secretary as he considers options for the $10 redesign.

"America’s currency is a way for our nation to make a statement about who we are and what we stand for," says Jack Lew, Treasury Secretary. "I’m proud that the new 10 will be the first bill in more than a century to feature the portrait of a woman."

The new note will be revealed in 2020 on the 100th anniversary of the US Constitution’s 19th amendment, which gave women the right to vote in the USA.

Steven | Thursday 18 June 2015 at 08:48 am | | news | No comments

Zimbabwe discards the Zimbabwian dollar

The government of Zimbabwe has decided to discard its own currency, the Zimbabwian dollar (ZWD). The currency hasn't been widely used anymore after the country experienced hyperinflation, which hit 500 billion per cent in 2008. Foreign currencies like the US dollar and the South African rand were also accepted in Zimbabwe and much more popular.

From Monday, customers who held Zimbabwean dollar accounts before March 2009 can approach their banks to convert their balance into US dollars, the governor of the Reserve Bank of Zimbabwe, John Mangudya, said in a statement. Zimbabweans have until September to turn in their old banknotes.

Bank accounts with balances of up to 175 quadrillion Zimbabwean dollars will be paid $5. Those with balances above 175 quadrillion dollars will be paid at an exchange rate of $1 for 35 quadrillion Zimbabwean dollars.

Steven | Friday 12 June 2015 at 10:21 am | | news | No comments

Myanmar to issue improved 10,000-kyat note

The Central Bank of Myanmar has announced it will issue an improved version of its 10,000-kyat note. The new bill is the same size, design and color as the old one but has upgraded security features. It will have a new watermark image and a protective layer of varnish on both sides for prolonged circulation life and forgery prevention. The improved note will be issued from 1 July 2015. 


Steven | Monday 08 June 2015 at 8:58 pm | | news | No comments
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Women on currency notes in the United States

There is quite a discussion going on right now in the USA about the design of the US dollars. In particular the lack of women on the notes. I already wrote about this issue in 2014 and the poll which was announced by the action group Women on 20's has been won by abolitionist and humanitarian Harriet Tubman (c.1822-1913). 

This discussion prompted David Pearl from the Metric Pioneer to make this summary of US banknotes which already had women on it. Mostly allegorical but also some famous women like Martha Washington. The reason why I'm posting this is of course for the sheer beauty of the old US notes. Please let them do something like this again, with women or without them. 

HARRIET TUBMAN (C.1822 - 1913)

Steven | Friday 05 June 2015 at 8:13 pm | | links | No comments
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Oxenaar gave everyone the finger

On the member forum of the IBNS website, I found a link to a great interview with Ootje Oxenaar, the designer of one of the most beautiful banknote series the Netherlands has ever seen. It provides some insight in the development of a new banknote series as well as great anecdotes on specific notes. Like the 1000-gulden note shown here in which Oxenaar hid a etching of his own fingerprint... from his middle finger :-)



You can also check this video in which he talks about designing the Dutch banknotes. 

Steven | Wednesday 03 June 2015 at 6:58 pm | | links | No comments
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Bank of Scotland to issue two polymer notes

According to this article on Daily Business the Bank of Scotland will issue two new polymer notes in the near future. The next 5- and 10-pound notes will be printed on polymer by De la Rue. There will be a special occasion in November 2015 when 50 special one-off notes will be auctioned picturing children's drawings with the proceeds going to BBC Children in Need.

At the end of the year the design for the new circulating 5-pound note will be unveiled (which will be similar to the current paper note) while the issue date will be the second half of 2016. The new note will be 125 x 66 mm in size, slightly smaller than the current 135 x 70 mm 5-pound note. It won't be until 2017 when we see the new 10-pound printed on polymer. 

The current paper 5- an 10-pound notes will be gradually withdrawn from circulation.

Steven | Monday 01 June 2015 at 8:39 pm | | news | No comments
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Lebanon to issue commemorative 50,000-livre note

The Central Bank of Lebanon has plans to issue a new 50,000-livre polymer note at the end of July,  banknotenews.com reports. The new note is to commemorate the 70th anniversary of the Lebanese army.

The picture below is from banknotenews.com

© www.banknotenews.com
© www.banknotenews.com

Steven | Monday 25 May 2015 at 4:26 pm | | news | No comments

Papua New Guinea issues two commemorative notes

The Bank of Papua New Guinea has announced on 21 May 2015 that new 10- and 20-kina notes have been issued. Both notes are commemorative banknotes and have been resized from the original 10- and 20-kina notes.

From the press release:

K10 Commemorative Banknote

The K10 banknote has been resized as part of the banknote reform process undertaken by the Bank to standardize the size of Papua New Guinea banknotes.  All other features of the banknote such as the colour and all the design elements of the existing new series banknote remain the same, however, the K10 banknote incorporates a special overprint of the XV Pacific Games logo in yellow, red, green, black and blue in colour located above the Parliament House.

K20 Commemorative Banknote

The K20 banknote has been resized as part of the banknote reform process undertaken by the Bank to standardize the size of Papua New Guinea banknotes.  All other features of the banknote such as the colour and all the design elements of the existing new series banknote remain the same, however, the K20 banknote incorporates a special overprint of the 40th Anniversary of Papua New Guinea Independence and the National Bird of Paradise image above the Parliament House.

© www.banknotenews.com

Steven | Monday 25 May 2015 at 4:20 pm | | news | No comments

Bank of England wants new face for 20-pound note

The Bank of England has asked the public to nominate who they would like to feature on the back of the future £20 note. This new banknote will be issued in 3-5 years, probably made of polymer and it will celebrate Britain’s achievements in the visual arts.

Visual artists include architects, artists, ceramicists, craftspeople, designers, fashion designers, filmmakers, photographers, printmakers and sculptors.  The Bank will not feature fictional or living characters, with the exception of the Monarch, who appears on the front of our notes.

Nominations can be send in until 19 July 2015.

Steven | Wednesday 20 May 2015 at 4:02 pm | | links | No comments

Canada to issue commemorative banknote in fall 2015

It's been a while but finally we have some news from Canada again. The Bank of Canada has announced that it will issue a new commemrative polymer banknote this year in commemoration of Queen Elizabeth II. From the press release:

On 9 September 2015, Her Majesty Queen Elizabeth II will become the longest-reigning sovereign in Canadian history, exceeding the reign of her great-great-grandmother, Queen Victoria.

To mark this historic reign, the Bank of Canada will issue a special commemorative bank note in 2015. The note will be a variation of the existing $20 polymer bank note that already features a portrait of Queen Elizabeth II. The variation will incorporate a special mention of Her Majesty’s reign.

Circulation and distribution

This commemorative note will be publicly unveiled and issued this fall. It will have the same level of security as all other notes in the Polymer series. More information will be available at that time.

This commemorative bank note will be issued into general circulation and distributed through Canada’s financial institutions.

The Bank is working with financial institutions to ensure that the notes will be available to Canadians across the country. The Bank will issue 40 million commemorative notes. To put this in perspective, there are over 800 million $20 notes in circulation in Canada. The current $20 note will continue to be issued and represent the vast majority of $20s in circulation for the life of the Polymer series.

Steven | Wednesday 20 May 2015 at 3:53 pm | | news | No comments