New signature to appear on British banknotes

The Bank of England announced on 24 February that the signature of new Chief Cashier Victoria Cleland will begin to appear on notes which will be issued on 3 March 2015. The notes which will include her signature will be the £10, £20 and £50 denominations, with the first “F” series £5 notes bearing the signature of Ms. Cleland to be printed on polymer and introduced into circulation from the second half of 2016.

source: www.coinupdate.com

source: www.coinupdate.com

via

Steven | Friday 27 February 2015 at 10:18 am | | news | No comments

Gambia issues new commemorative note and new series

It was already announced in November 2014 and was expected to be issued before the end of the year, but it seems that the new commemorative 20-dalasi note has finally been issued on 25 February 2015. And not only that: the Central Bank of the Gambia has introduced a whole new series including a new 200-delasi note.

From the press release: "Commemorative D20.00 Polymer Banknote. This is the first series of Polymer Banknotes to be issued by the CBG and is intended, among other things, to Commemorate 20 Years of the July 22nd Revolution and to be in line with international best practice. The Polymer Banknote is based on the existing D25.00 note and therefore similar in many aspects except that the colour background of the D20 Polymer banknote is green and bears the portrait of the President, H.E. Sheikh Professor Alhagie Dr. Yahya. A. J. J. Jammeh. The polymer banknotes have a date of 22nd July 2014 with the words "20 Years of Progress and Self-Reliance" written on the centre bottom of the obverse side of the note.

Few critical changes were made to incorporate security features that are unique to only polymer notes to enhance the overall security level of the denomination. However, both the polymer and the current D25.00 notes shall be in circulation side by side and the latter will continue to be legal tender and be in circulation until it is fully withdrawn over time.

Furthermore, the CBG will introduce into circulation a New Family of paper base Gambian Banknotes for all other denominations except the D25.00 which will be replaced by the D20.00 note. These notes will include a New D200.00 denomination. A fundamental distinction is that all the notes are smaller in size and all of them bear the portrait of the President. This new family of banknotes will be circulated nationwide along with the existing banknote family of D100.00, D50.00, D25.00, D10.00 and D5.00 until these are fully withdrawn overtime."


The entire poster above can be viewed here.

Steven | Friday 27 February 2015 at 09:30 am | | news | No comments

Thailand to issue a new 100-baht note

The Bank of Thailand has issued a press release stating that on 26 February 2015 a new banknote of 100 baht will be issued. 

I'm particularly happy with this news, because after the flood of commemorative notes we finally get to see a 'normal' note again. Thailand is a personal favourite country to collect so I'm definitely getting this one for my collection. The pictures below are from banknotenews.com

The front of the note shows the familiar face of King Bhumibol while the reverse pays hommage to King Taksin the Great.

As a little side note: here's an interesting link on the collection of Jan Olav Aamlid who apparently is also writing a book on the history of Thai banknotes.

Steven | Tuesday 24 February 2015 at 8:37 pm | | news | No comments
Used tags:

Argentina still plans to issue new 50-peso note?

Remember the special Malvinas / Falklands banknote Argentina was supposed to issue at the end of 2014? Well, the end of the year came and went, but no new note. I had already skipped it from my calendar because I didn't believe anymore the note would actually be issued. 

But to my surprise there is now a site from the Central Bank of Argentina describing the new note. An issue date is still not mentioned but it does say that the new notes will coexist along with the current notes. Another surprise is the picture they show of the new note. Subtle differences can be spotted, like the number 50 inside the sun (where in previous images it showed a smiling face).

I'm putting this note back on the calendar! Let's just say it will probably be issued "later this year". The note will be issued next March.

Steven | Tuesday 24 February 2015 at 8:09 pm | | news | No comments

ECB presents new 20 euro note

The European Central Bank (ECB) has presented the new 20 euro note, the third note in the new Europa series. The new note will be issued to the public on 25 November 2015. 

The new note includes an innovative security feature in the form of a "portrait window" set in the hologram. When the banknote is held against the light, the window becomes transparent and reveals a portrait of the mythological figure Europa, visible on both sides of the note. The new €20 banknote, like the new €5 and €10 notes, also includes an "emerald number" and a portrait of Europa in the watermark.

President Draghi said: "The portrait window is a real innovation in banknote technology. It is the outcome of the Eurosystem’s work to ensure that the euro notes continue to be resilient against counterfeiting. This will reinforce the trust that the 338 million citizens across the euro area place in their banknotes."

© www.ecb.eu
© www.ecb.eu

And here's a cool video showing all the new features of the new 20 euro note. 

Steven | Tuesday 24 February 2015 at 8:01 pm | | news | No comments
Used tags: , ,

Australia to issue notes with features for the blind

The Reserve Bank of Australia has issued a press release stating that in the next generation of banknotes features to aid the vision impaired will be introduced. 

"As previously announced, existing features to help the vision impaired tell the difference between different denominations of Australian banknotes will be maintained on the new series. These include: bright colours; large and bold numbers; and different sizes for each denomination of banknote. The Bank will also continue to fund the production of the 'cash test card'. The addition of a 'tactile' feature will further assist people with a vision impairment to tell the difference between denominations."

The campaign for this new series of banknotes was led by 13-year-old Connor McLeod, along with the members of the visually impaired community. In May last year McLeod, who is legally blind, lodged a complaint with the Human Rights Commission against the RBA’s current banknotes, arguing it discriminates against the 300,000 visually impaired people people in Australia. After receiving money for Christmas, and being embarrassed for not being able to tell how much it was, McLeod began a petition for the new banknotes, which attracted to 57,000 signatures and led a meeting with the RBA last November, prompting the this week’s announcement by the RBA. (source)

Steven | Saturday 21 February 2015 at 09:24 am | | news | No comments
Used tags:

Hungarian artist designs beautiful concept money

If you give an artist total freedom in designing new money, you can end up with the most beautiful concepts. Take for example this work by the artist Barbara Bernát who has designed the fictional currency of the Hungarian euro.

The common side of each note features european animals, the other side shows related species of plants. I used the original proportions of the existing euro banknote for my design, as the denomination increases, the size of each banknote is growing. The animals also represent the growth of value.

The higher the denomination, the higher position in the food chain each animal has. She has left out most of the security features to present an image with as much simplicity as possible. One thing she has left on the note is probably also one of the most appealing security features I've ever seen. Holding the note under UV light reveals the ghostly skeleton of the pictured animals!



Steven | Wednesday 18 February 2015 at 09:02 am | | links | No comments
Used tags: , ,

Russia declines to issue 2,000-ruble banknote

An article from The Moscow Times: "Russia's Central Bank has declined to issue a 2,000-ruble banknote honoring the far eastern city of Vladivostok, state news agency RIA Novosti reported Monday.

The proposed banknote, inspired by the song "Vladivostok 2000" by hometown rock stars Mumy Troll, was designed by Russian advertising firm Provoda and become wildly popular on the RuNet, as the Russian-language section of the Internet is known.

The Central Bank, which said it often receives proposals for new banknotes, declined to issue this one "due to the economic situation in the country and considering the demands of cash circulation," RIA cited the bank as saying.

The country's main banknotes in circulation honor an array of Russian cities: Krasnoyarsk (10-ruble banknote), St. Petersburg (50), Moscow (100), Arkhangelsk (500), Yaroslavl (1,000) and Khabarovsk (5,000). The Central Bank in 2013 also issued a limited edition 100-ruble banknote dedicated to the Winter Olympics in Sochi."

Steven | Wednesday 18 February 2015 at 08:56 am | | links | No comments
Used tags:

Kurdistan to issue its own banknotes?

Numismatic News has an interesting article about the outlawed Kurdistan Workers’ Party (PKK) in Turkey who want to issue their own money in the areas they control (southeastern Turkey (Northern Kurdistan), northern Syria (Western Kurdistan), northern Iraq (Southern Kurdistan), and western Iran (Eastern Kurdistan)). It's interesting to see that at the same time ISIS (or IS) also have plans to issue their own money but won't issue any banknotes in contrast to the plans of the PKK.

Below is an image that is supposed to be the new Kurdish money, picturing their captive leader Abdullah Öcalan.

the outlawed Kurdistan Workers’ Party (PKK) in Turkey - See more at: http://www.numismaticnews.net/article/kurdistan-militants-seek-own-currency?et_mid=724960&rid=245938659#sthash.c6fyKsJX.dpuf
the outlawed Kurdistan Workers’ Party (PKK) in Turkey - See more at: http://www.numismaticnews.net/article/kurdistan-militants-seek-own-currency?et_mid=724960&rid=245938659#sthash.c6fyKsJX.dpuf
the outlawed Kurdistan Workers’ Party (PKK) in Turkey - See more at: http://www.numismaticnews.net/article/kurdistan-militants-seek-own-currency?et_mid=724960&rid=245938659#sthash.c6fyKsJX.dpuf

Steven | Wednesday 18 February 2015 at 08:38 am | | news | No comments
Used tags: , , ,

Sweden reveals new banknotes

The Sveriges Riksbank has revealed the final design of the new banknote series. The 20, 50, 200 and 1,000 krona banknotes will become legal tender on 1 October 2015. The 100 and 500 krona banknotes will become legal tender in 1 October 2016. 

The following themes and portraits are used:

  • 20 kronor: Astrid Lindgren (writer), Småland, issued 1 October 2015
  • 50 kronor: Evert Taube (writer, composer, singer), Bohuslän, issued 1 October 2015
  • 100 kronor: Greta Garbo (actrice), Stockholm, issued 1 October 2016
  • 200 kronor: Ingmar Bergman (director, producer, writer), Gotland, issued 1 October 2015
  • 500 kronor: Birgit Nilsson (soprano), Skåne, issued 1 October 2016
  • 1000 kronor: Dag Hammarskjöld (diplomat, economist, writer), Lapland, issued 1 October 2015





Steven | Monday 16 February 2015 at 4:51 pm | | news | No comments
Used tags:

Dutch town issues its own local money

Local money can be found all over the world. Soon also in the Dutch town of Alphen aan den Rijn. Denominations of 5, 10 and 25 alpha's (cool name!) will be issued which can be spend at selected shops in town or in exchange for particular services provided in the city. This is of course done to promote the local economy. The 'banknotes' will get all the basic security features and are traceable.

Looking at the images of the alpha's below I got the sense they might've been inspired by the recent Norwegian designs.

Steven | Wednesday 11 February 2015 at 09:36 am | | news | No comments
Used tags: , ,

Belarus 'considering' 500,000 ruble banknote

The site Belarusian News mentions that the National Bank of the Republic of Belarus is considering issuing a new 500,000 ruble banknote. "We consider issuing a new banknote valued at Br500,000. The final decision will be made taking into account the current economic situation and will be announced by the National Bank in advance," the bank said.

This is however not the first rumour from Belarus (see here and here) so we'll just have to wait and see if there's any real value to this story.

Steven | Saturday 24 January 2015 at 4:22 pm | | news | No comments
Used tags: