Fake numbers on banknotes from Dominican Republic

MRI Bankers' Guide issues a warning to potential buyers of new 2000 peso banknotes from the Dominican Republic:

In the Paris market there are many 2,000 peso notes dated 2013 which have not been officially released by the Central Bank. It seems that these notes are authentic and they were stolen at some point during the production and transportation process. False numbers were applied on them. DO NOT BUY!

© mriguide.com
 

Steven Vrijdag 12 Juli 2013 at 10:41 am | | news | Geen reacties
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Argentina issues second series of Evita notes

The National Bank of Argentina has announced (PDF, translation) the second series of the 100 peso note with a portrait of Evita Peron which was introduced last year. This issue will have a 'B' after the serial number and an issue date of 01-07-2013.

At he same time the National Bank has also made clear that small business are obliged to accept the Evita notes as legal tender. Apparently some shops don't know the banknote even exists and think it's fake.

The previous version with an 'A' after the serial number:

Update 11-07-2013: Well isn't that nice? The Evita banknote has been crowned as the first Latin American Banknote of the Year.

Steven Woensdag 10 Juli 2013 at 08:39 am | | news | Geen reacties
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Unique Alaska Brown Back discovery

Coinweek has another article online with a great discovery made at the Memphis International Paper Money Show. It is the only known "Territory of Alaska" $10 Series of 1882 Brown Back note issued by The First National Bank of Juneau. There are only two reported "Territory of Alaska" notes now known: this $10 Series of 1882 Brown Back and a $20 Series of 1882 Date Back discovered in St. Louis in 1977. This Brown Back note has serial number 1 which makes it even more special.

This is probably what every collector dreams about finding when they start cleaning the attic of their grandparents.

© picture: Coinweek.com

Steven Dinsdag 09 Juli 2013 at 10:47 am | | news | Geen reacties
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Errors and mistakes on banknotes

Coinweek has a nice article on errors and mistakes on banknotes. Some collectors have specialized in collecting these oddities which are usually sold for high prices.

Steven Dinsdag 09 Juli 2013 at 10:23 am | | links | Geen reacties
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New commemorative 1-pound note for Guernsey

The island of Guernsey has issued a commemorative banknote of 1 pound on 4 July 2013 commemorating the 200th anniversary of Thomas de la Rue's first commercial venture. Nowadays De La Rue is the largest printer of banknotes in the world and prints over 150 different currencies.

The special banknote will be issued by the States of Guernsey and 300.000 pieces will be available to the public. The note is like the existing 1 pound note, but enhanced by a special design featuring Thomas de la Rue on the back and a special TD/LR prefix in the serial number.  This is the first series of 1-pound notes to feature the signature of States Treasurer Bethan Haines. You can order them here (which I did as well).

Steven Dinsdag 09 Juli 2013 at 10:00 am | | news | Geen reacties
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New commemorative banknote for Bangladesh (update)

Bangladesh will issue another new commemorative banknote (info on the previous issues from 2011, 2012 and 2013 can be found here). This time the banknote will be 100 taka in commemoration of 100 Years of Bangladesh National Museum. The date of issue is not yet known but is supposed to be soon.

(pictures from banknotenews.com)

Update: Above my original post from 21 March 2013. Now the banknote has been issued on 9 July 2013. See the press release here.

Steven Dinsdag 09 Juli 2013 at 09:57 am | | news | Geen reacties
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Paraguay plans to issue a 500.000 guaraníes banknote

Paraguay plans to issue a new 500.000 guaraníes banknote in 2014. In a few weeks time the theme and design will be chosen. The issue date is unknown but will be in 2014. What seems certain though is that the new banknote won't be made from polymer but from traditional cotton. At the moment the 100.000 guaraníes is the highest denomination.

Steven Vrijdag 05 Juli 2013 at 10:44 am | | news | Geen reacties
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The world's coolest banknotes(?)

Business Insider thinks the US dollars are boring and takes a look at other currencies in their search for the world's coolest banknote. A sometimes surprising list.

Steven Dinsdag 02 Juli 2013 at 08:33 am | | links, fun | Geen reacties
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Philippines issue commemorative 50 peso

This news almost slipped by me: the Bangko Sentral ng Pilipinas (BSP: the Central Bank of the Philippines) has circulated 50 peso commemorative bills highlighting the golden anniversary of state deposit insurer Philippine Deposit Insurance Corporation (PDIC) and its customer philosophy, "Committed to Serve".

The PDIC is the government entity mandated to provide depositor protection and help maintain stability in the financial system. The BSP issues commemorative bills to observe significant events of national interest. The 50 peso commemorative bills aim to raise public awareness on the PDIC and deposit insurance.

Steven Dinsdag 02 Juli 2013 at 08:20 am | | news | Geen reacties
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New 5000 sum banknote for Uzbekistan

After initially denying news on a new banknote, the Central Bank of Uzbekistan has now officially released information on a new 5000 sum banknote. This makes it the highest denomination in the country. Previously the 1000 sum was the banknote with the highest denomination.

The new banknote will be released 1 July and measures 144 x 78 mm. More information can be obtained at this website (google translate) of the Central Bank of Uzbekistan.

The pictures below are cut from the info sheets (one and two) on the website of the Central Bank hence the arrows.

Steven Vrijdag 28 Juni 2013 at 10:01 am | | news | Geen reacties
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Is Jane Austen the new face for the 10 pound note?

After the Bank of England announced that Sir Winston Churchill would be the next 'head' on the 5 pound note, all hell has broken loose. Not so much over Churchill but on the abscence of a woman on any of the English banknotes. Women's Rights groups, feminists, politicians: all of them are using their influence to get a woman back on an English banknote.

Now, outgoing Governor Sir Mervyn King has hinted that novelist Jane Austen (1775-1817) might be the next historical figure who will appear on a 10 pound banknote. The author of works like Pride and Prejudice is "quietly waiting in the wings" according to Mervyn King.

The way the Bank's money-printing system works is that there are always two versions of a banknote "running in parallel" - the one in circulation, and a back-up note in case there are problems. The reserve figure on that second note often becomes the figure on the following note, he explained - revealing that in the case of the £10 note featuring Charles Darwin, the back-up is Austen.

King's successor as Governor Mark Carney will decide if Jane Austen is indeed the next figure on the 10 pound note. When that will be decided is unknown at this moment.

Steven Dinsdag 25 Juni 2013 at 2:50 pm | | news | Geen reacties
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Guyana to introduce 5000 dollar notes

Guyana decided last year that a new banknote of 5000 dollar would be introduced. Currently the highest denomination is the 1000 dollar note. MRI now reports that this new 5000 dollar note will be introduced in December 2013. No word yet on the design for this new note.

Steven Dinsdag 25 Juni 2013 at 12:20 pm | | news | Geen reacties
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Northern Ireland begins circulating new banknotes

From the BBC: "New bank-notes are going into circulation in Northern Ireland. The £10 and £20 notes will be issued from Danske Bank cash machines and branches, and will gradually replace existing Northern Bank notes. The only change on the notes is the replacement of the Northern Bank logo with the Danske Bank logo. Northern Bank rebranded as Danske Bank, the name of its parent bank, in November 2012.

The public can still use Northern Bank notes, which will remain in circulation for several years.Gerry Mallon, head of Danske Bank UK and Ireland, said: "As the new bank-notes will be very similar to the Northern Bank notes, they will look familiar to consumers and retailers. "Although the existing Northern Bank notes will gradually be withdrawn from circulation, they can of course continue to be used in the usual way and will be accepted in retail outlets."

Danske Bank does not print its own £5 notes and the bank is also to stop printing its own £50 and £100 notes. Bank of England notes will be issued instead."

10 pound

20 pound

Steven Dinsdag 25 Juni 2013 at 09:22 am | | news | Geen reacties
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New additions week 25 - 2013

A visit to my local coin and banknote dealer has given me some new additionsm to my collection.

  • From Czechoslovakia the 100 korun (P91c)
  • A lovely commemorative issue from the Dominican Republic: the 20 pesos oro from 1992 (P139a)
  • From our old colony the Netherlands Indies a 50 cent note (P110a)
  • A military payment certificate from the United States of 5 cent (Pm29)
  • From the time of the German Empire a 100 mark note (P43a)
  • From the Weimar Republic I got three notes: 50 mark (p66a), 50 mark (P68) and 100 mark (P69b)

Steven Dinsdag 25 Juni 2013 at 08:39 am | | new additions | Geen reacties

Jack Lew's official new signature

Remember Jack Lew, the current Secretary of the Treasury of the United States and his funny signature? I already wrote about his new signature in May, but now the Treasury Department confirmed the news on Twitter yesterday.

So here it is, the signature of Jack Lew as it wil appear on U.S. currency starting this fall.

Steven Woensdag 19 Juni 2013 at 09:06 am | | news | Geen reacties
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