Mexico issues revised 50 peso note

The Banco de Mexico has introduced a revised banknote of 50 peso on 6 May 2013, which includes new security measures and some new design elements. 

The image of Jose Maria Morelos y Pavon is the key motif on the front of the new 50-peso banknote and is printed similarly as in the previously-issued note. To the left of the image appears a frame made up of Morelos’ battle flag, two intertwined cannons, a bow, an arrow, and the word “SUD”. The latter two elements were used as motifs in the coins minted by the insurgent leader. The cannons are in blue. On top of the frame appears, in diminishing microprinting, the following texts included in the Sentiments of the Nation:

QUE LA ESCLAVITUD SE PROSCRIBA PARA SIEMPRE Y LO MISMO LA DISTINCIÓN DE CASTAS, QUEDANDO TODOS IGUALES, Y SÓLO DISTINGUIRÁ A UN AMERICANO DE OTRO EL VICIO Y LA VIRTUD (“LET SLAVERY PROSCRIBE NOW AND FOREVER AS WELL AS SOCIAL CLASS DISTINCTION, REMAINING ALL EQUAL, AND BEING VICE AND VIRTUE THE ONLY MATTER DISTINGUISHING ONE AMERICAN CITIZEN FROM ANOTHER”). 

Morelos image, all texts, the denomination numerals, and the frame are printed in raised ink (intaglio), except for the denomination numeral and the rippled lines in the right lower clear window, which are embossed.

The monarch butterflies, which are the distinctive feature of the state of Michoacán, also appear, printed in a color-changing ink that has a rolling-bar effect (Spark technique), only in the small clear window in the upper left side, and in the clear window, in the right side. Another feature of this banknote is the increasing folio numerals.

The key visual feature on the back of the banknote is the aqueduct of the city of Morelia, Michoacán, constructed by Bishop Manuel Escalante Columbres in the eighteenth century. Three monarch butterflies appear in front of it. To the left side of the aqueduct is a representation of the pre-Hispanic symbol of the state of Michoacán (Mechuaca, which means “land of fish,” taken from the codex telleriano remensis). Monarch butterflies can also be observed, some printed in the main body of the polymer and others in the clear window.

You can find more information on the note in this poster (PDF) from the Banco de Mexico, on this website and in this video.


Steven Dinsdag 07 Mei 2013 at 7:46 pm | | news | Geen reacties
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IBNS Banknote of the Year 2012

The International Banknote Society (IBNS) announces "that its voting membership has again selected the National Bank of Kazakhstan to receive its prestigious “Bank Note of the Year” Award for 2012. Facing stiff competition as always from nearly 100 new banknotes released worldwide in 2012, the 5000 Tenge denomination Kazakhstan note was followed in voting by the Canada 50 Dollar and Jersey 100 Pound currency bills."

On the IBNS forum one of the members raises a very interesting complaint about this winning note. As you can clearly see on the website of the National Bank of Kazakhstan, the 5000 tenge banknote is part of the 2011 series and it even has an official issue date of 30 December 2011 which would make it impossible to enter the 2012 competition.

My opinion (I repeat, my opinion): I'm not crazy about the design of this banknote. I think it's too busy, too crowded with symbolism and the colours look a bit cheap. But congrats anyway and you can already send in nominations for Banknote of the Year 2013!

Steven Maandag 06 Mei 2013 at 6:01 pm | | news | Geen reacties
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First series Qatar banknotes will be cancelled

All notes of the first series of the Qatar Central Bank will become worthless on 15 June 2013. This includes the denominations of 1, 5, 10, 50, 100 and 500 riyals.

(Source)

Steven Vrijdag 03 Mei 2013 at 3:19 pm | | news | Geen reacties
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Will future banknotes be traceable?

I found an interesting article about the use of RFID chips in future banknotes. When incorporated in a banknote this technology makes it possible to track a banknote for instance via satelite. Is this a brilliant new security feature or the next step in losing even more privacy?

Currently the European Central Bank, the Bank of Japan and researchers in Saudi Arabia are investigating if these new techniques can be implemented in future banknotes.

Steven Vrijdag 03 Mei 2013 at 09:32 am | | links | Geen reacties
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Barbados presents new banknotes

The Central Bank of Barbados has presented its new series of banknotes. The new banknotes will be available to the public from 4 June 2013. From the press release:

Governor Dr. DeLisle Worrell said of the revamped design, "We've kept some of the more popular elements so that people can still easily identify the denominations, but we've modernised the look, made it more Barbadian, and made the notes easier to authenticate."

Design
All denominations remain the same colour: $2 – blue, $5 – green, $10 – brown, $20 – purple, $50- orange and green, and $100 – grey, red and blue; and the portraits remain the same. Overall, though, the notes have a new look. Bold waves now make up the base of the new design, which on the front also includes images of the Coat of Arms, the broken trident, the map of Barbados, and the familiar portraits of John Redman Bovell, Sir Frank Worrell, the Right Excellent Charles Duncan O’Neal, the Right Excellent Samuel Jackman Prescod, the Right Excellent Errol Barrow, and the Right Excellent Sir Grantley Adams. Another new feature on the front of the notes is an area near the top left of the note with raised marks to help the visually impaired identify the value of each note. One dot represents the $2 note, two dots the $5, three dots the $10, four dots the $20, five dots the $50, and six dots the $100 note.

The backs of the notes now feature six different images, each linked to the portrait on the front. For John Redman Bovell, a pioneer of the sugar industry, the $2 has a vignette of Morgan Lewis Windmill. The $5, which has the portrait of former West Indies cricket captain Sir Frank Worrell, has 3Ws Oval, and the $10 portrays Charles Duncan O’Neal Bridge. In honour of the Right Excellent Samuel Jackman Prescod, the first coloured man in the House of Assembly, the $20 bears a vignette of one of the Parliament buildings. The $50 depicts Independence Square, including the statue of the Right Excellent Errol Barrow; and the $100 honours the Right Excellent Sir Grantley Adams with a view of the Grantley Adams International Airport.

Security features
In addition to the new design of the notes, major changes have been made to the security features. The map of Barbados watermark, which has been found on all denominations since 1973, has been replaced by six distinct watermarks – the image of the person featured on that denomination’s portrait. Below the main watermark is a second, smaller one that shows the note’s value in numbers. The security thread on the lower denominations - $2, $5 and $10 – remains the same wave-like silver line that is on current banknotes, but the $20, $50 and $100 have a new wide thread that changes from red to green when the note is tilted. Both types of thread weave in and out of the paper and have “CBB” and the denomination printed on them. For all denominations, when the note is held up to the light, the thread becomes a complete line from the top to the bottom of the note.

Under ultraviolet light, the waves in the centre of the $2, $5 and $10 glow and tiny fibres spread throughout the note fluoresce blue-yellow-blue. On the $20, $50 and $100, the waves fluoresce two different colours – pink and green on the $20, green and yellow on the $50, and yellow and green on the $100 – and tiny pink fibres glow. On the right side of the two highest denominations, the foil patches have been replaced with holograms. On the $50, the hologram features the pelican prominently along with broken tridents, Pride of Barbados flowers and the numeral "50"; while on the $100, the main image is the dolphin, along with broken tridents, Pride of Barbados flowers and the numeral "100". When the note is tilted, the images on the hologram shift.

The Bank advises that all banknotes issued since 1973 remain legal tender and that Barbadians should continue to use them.

$2

$5

$10

$20

$50

$100

Steven Vrijdag 03 Mei 2013 at 09:08 am | | news | Geen reacties
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Stephen Poloz new governor Bank of Canada

The Bank of Canada has announced that Stephen S. Poloz will be appointed Governor of the Bank of Canada for a seven-year term, starting 3 June 2013. He will will succeed Mark Carney, who is leaving the Bank of Canada on 1 June 2013 to become governor of the Bank of England.

It is unclear at the moment whether the signature of Mark Carney or that of Stephen Poloz will be on the recently presented new 5 and 10 dollar banknotes.

Poloz on the left, Carney on the right

Steven Vrijdag 03 Mei 2013 at 08:59 am | | news | Geen reacties
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New banknote? What new banknote??

I just thought I'd share this story with you. Today I went to the bank to see if I could get the new 5 euro. When I asked the bank clerk if she already had them, she looked very puzzled. "Is there a new banknote, you say? Does it have the new king Willem-Alexander on it or something? They don't tell us anything! But I'm sorry, we don't have any money at this bank"....

And they say the banking system is based on trust.

Update: No bank, no shop and no banknote and coins dealer has seen the new banknote yet. I'll just have to be patient I guess...

Steven Donderdag 02 Mei 2013 at 12:26 pm | | fun | Geen reacties
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Barbados unveils its new banknotes today

News from Barabados: "The Central Bank of Barbados will today unveil a new family of Barbadian banknotes – for the first time since the institution issued notes in 1973. The launch of the new series coincides with the Bank’s 41st birthday. The new notes have the same value as the current series, but will feature modern designs and upgraded security features.

De La Rue Limited printed the bills and representatives from this British-based company will be on the island for the launch. The new banknotes will be unveiled during a function at the Grande Salle, Tom Adams Financial Centre starting at 11 a.m. The event will be streamed live on the Bank’s website, centralbank.org.bb"

Further details to come.

Steven Donderdag 02 Mei 2013 at 08:39 am | | news | Geen reacties
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"Keep a woman on the British banknotes!"

The news that Sir Winston Churchill will become the new face of the British 5 pound note has been met with harsh criticism from some people. The anger is not so much directed at Churchill himself but more so at the removal of Elizabeth Fry from the note, being the only woman on a British banknote save the Queen.

The Women's Room UK has launched a Change.org petition asking the Bank of England to keep a woman on a banknote. "An all-male line-up on our banknotes sends out the damaging message that no woman has done anything important enough to appear." The petition has already gathered 17,500 signatories.

The Bank of England replied to petition by stating that the new banknote with Churchill isn't scheduled for introduction until 2016 and that a final decision still has to be made.  It takes into consideration the list of public suggestions, however, which is published on its website (PDF).

So The Guardian asks its readers: which woman should be on a banknote?

Steven Donderdag 02 Mei 2013 at 08:24 am | | links | Geen reacties
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ECB issues new 5 euro banknote today

The European Central Bank (ECB) has introduced the new 5 euro banknote today. It's the first issue of the second series of euro banknotes. The new series has the same "ages and styles" design and dominant colours as the first series. The second series has a watermark and hologram display a portrait of Europa, a figure from Greek mythology – and hence the name of this series of banknotes. It also includes some new and enhanced security features. An eye-catching "emerald number" changes colour from emerald green to deep blue and displays an effect of the light that moves up and down.

The other denominations, i.e. €10, €20, €50, €100, €200 and €500, will be introduced over the next few years, in ascending order. The first series will initially circulate alongside the new banknotes, but will gradually be withdrawn and eventually cease to be legal tender. The date when this occurs will be announced well in advance. However, the banknotes of the first series will retain their value indefinitely and can be exchanged at euro area national central banks at any time.

Some downloads:

  • Pictures (zip - < 1 MB)
  • Press Kit (pdf)
  • Footage of the new €5 banknote (design and security features) (zip - 357 MB)
  • Footage of the production of the new €5 banknote (zip - 918 MB)
© European Central Bank
© European Central Bank

Steven Donderdag 02 Mei 2013 at 08:08 am | | news | Geen reacties
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Mexico will change the design of the 50 peso note

The Bank of Mexico will present changes to the 50 peso banknote, according to this article on CNN Mexico. The presentation is scheduled for 6 May 2013. To be continued...

(source)

Steven Woensdag 01 Mei 2013 at 1:35 pm | | news | Geen reacties
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Israel presents two new banknotes

The Bank of Israel has unveiled the design for two new banknotes. At the end of 2013 the first two new banknotes will be issued: 50 NIS and 200 NIS (NIS = New Israeli Shekel). Two other notes of 20 NIS and 100 NIS will be released in the beginning of 2014. The following list shows the new design features and links to additional information on the people who's portraits are used:

 
NIS 20
NIS 50
NIS 100
NIS 200
Portrait
Dominant color:
Red
Green
Orange
Blue
Size (in mm)
129x71
136x71
143x71
150x71
 
The newly designed 50 and 200 NIS have now been unveiled.
 
50 NIS
 
200 NIS

Steven Woensdag 01 Mei 2013 at 09:31 am | | news | Geen reacties
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Canada presents new 5 and 10 dollar

The Bank of Canada unveiled the design for the new 5 and 10 dollar banknotes yesterday 30 April 2013. Like the rest of the series they're made of polymer. Below are the designs and more details on the banknotes itself. In my humble opinion they look absolutely stunning! When they're issued in November 2013 they would make a nice birthday present... (wink wink). Because of the space theme of the 5 dollar note, the note was unveiled from the International Space Station.

The 5 dollar note highlights Canada’s technological achievements and contributions to the international space program. The 10 dollar note depicts the joining of the East and West of Canada by rail.

5 dollar

Portrait: Sir Wilfrid Laurier, Prime Minister from 1896 to 1911
Signatures: T. Macklem, M. J. Carney
Size: 152.4 x 69.85 mm

10 dollar

Portrait: Sir John A. Macdonald, Prime Minister from 1867–1873 and 1878–1891
Signatures: T. Macklem, M. J. Carney
Size: 152.4 x 69.85 mm

Steven Woensdag 01 Mei 2013 at 08:02 am | | news | Geen reacties
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Canada unveils new 5 and 10 dollar on 30 April 2013

The Bank of Canada will unveil the last two banknotes of the new series, the 5 and 10 dollar, on 30 April 2013. This was already known but now there is more news regarding the themes of the new notes. The news from the official website:

Canada’s new $5 and $10 bank notes – the final notes in the Polymer series, will be unveiled during an official ceremony at the Bank of Canada’s head office in Ottawa on Tuesday, 30 April 2013 at 12:15 (Eastern Time).

Joining Governor Mark Carney to speak at the event will be Minister of Finance Jim Flaherty, Paul G. Smith, Chairman of the Board of VIA Rail Canada, and a representative from the Canadian Space Agency.

At the conclusion of the event, Minister Flaherty, Governor Carney, Mr. Smith and a Canadian Space Agency representative will participate in a photo opportunity with the new $5 and $10 polymer notes. Members of the media will also have an opportunity to meet with representatives from the Bank of Canada, VIA Rail Canada and the Canadian Space Agency to learn more about the themes, as well as the security and durability features, of the new bills.

Seeing who are invited for the photo opportunities (somebody from VIA Rail Company and somebody from the Canadian Space Agency) you can pretty much guess what the themes of the new banknotes will be. The colours are also almost sure: blue for the 5 dollar and purple for the 10 dollar. The new notes will be put into circulation at the end of 2013.

Steven Zaterdag 27 April 2013 at 9:06 pm | | news | Geen reacties
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New additions week 17 - 2013

My mother recently returned from a short vacation in Istanbul, Turkey. And being the sweet mother that she is, she brought some new banknotes for my collection with her. Including the recently issued new 5 lira banknote which I wrote about earlier this month. 

  • The 10 lira (P223a) from 2009.
  • Also from 2009 the 20 lira (P224a)
  • And finally the new 5 lira (Pnew) which was issued earlier this month.

Steven Zaterdag 27 April 2013 at 8:58 pm | | new additions | Geen reacties
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