Saturday 4 June 2016

Banknotes news

Great Britain new 5-pound polymer note unveiled for 13.09.2016 introduction

Great_Britain_BOE_5_pounds_2015.00.00_BNL_PNL_AA225_665909_f
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The Bank of England has printed 440 million polymer 5-pound notes it plans to introduce 13 September 2016. A new 10-pound polymer note featuring Jane Austen is scheduled to be introduced in mid-2017. A new 20-pound polymer note featuring J.M.W. Turner is expected in 2020. The bank has not yet decided if or when it will introduce a new 50-pound note, nor if it will be paper or polymer.

Courtesy of Antje Bird.

Saudi Arabia reportedly to replace 1-riyal note (B130) with 2-riyal coin

According to an ArabNews article dated 1 June 2016, the Saudi Arabian Monetary Agency plans to replace the 1-riyal note (B130) with a 2-riyal coin.

Courtesy of Brian Lema.

Ceylon chapter of The Banknote Book is now complete

Ceylon cover new

The Ceylon chapter of The Banknote Book is now available for individual sale at US$9.99, and as a free download to subscribers.

This 40-page catalog covers notes issued by the Ceylon General Treasury from 1827 to 1855, the Government of Ceylon from 1809 to 1949, and the Central Bank of Ceylon from 1951 to 1985. Revised 3 June 2016.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote BookIf you collect the entire world or a large number of countries, buying a subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the term of your subscription.

Subscribe
Sign up for Email NotificationsIf you would like to receive email notifications whenever a new chapter of The Banknote Book is published, please join the email list by clicking the button below.

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Thailand new 70-baht commemorative note reported for 09.06.2016 introduction

Thailand_BOT_70_baht_2016.06.09_PNL_f Thailand_BOT_70_baht_2016.06.09_PNL_r

According to a press release dated 30 May 2016, on 9 June 2016, the Bank of Thailand will introduce a 70-baht note to commemorate the 70th anniversary of King Bhumibol Adulyadej's accession to the throne. 20 million notes are being sold with a leaflet as numismatic products for 100 baht. With a vertical orientation, the note measures 89 x 162 mm. The front of the banknote depicts King Bhumibol Adulyadej in the uniform of the Supreme Commander of the Armed Forces, the Royal House of Chakra gown with the Most Illustrious Order of the Royal House of Chakri, and the Knight Grand Cordon (Special Class) of the Most Illustrious Order of Chula Chom Klao breast chain. The back of the note depicts the King in full regalia holding the Sword of Victory, standing in front of the Phuttan Kanchanasinghat Throne inside the Paisan Taksin Hall.

Courtesy of Frank Schirmer.

Bolivia new note family reportedly planned for 2018 introduction

According to a television news report from 6 May 2016, in 2018 the Banco Central de Bolivia intends to introduce a new note family with denominations of 10, 20, 50, 100, 200, and 500 bolivianos.

Courtesy of Fran Pas.

New Zealand new 20-, 50-, and 100-dollar notes introduced 16.05.2016

According to a press release, the Reserve Bank of New Zealand introduced its new 20-, 50-, and 100-dollar notes on 16 May 2016. This completes the new family of notes; the 5- and 10-dollar notes were issued on 12 October 2015.

New_Zealand_RBNZ_20_dollars_2016.00.00_B139a_PNL_AL_16668471_f
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New_Zealand_RBNZ_100_dollars_2016.00.00_B141a_PNL_AF_16145450_r

Courtesy of Hartmut Fraunhoffer (Banknote-Online).

South Korea 2018 Winter Olympics commemorative note reported

According to an article on Yonhap News Agency dated 29 May 2016, the Bank of Korea plans to issue the country's first legal tender commemorative banknote for the Winter Olympics set to take place in PyeongChang 9 - 25 February 2018. The Bank of Korea also plans to start selling sets of commemorative coins in November, composed of two gold, eight silver and one bronze.

Somalia reportedly to issue new official notes in early 2017

According to a Bloomberg article dated 27 May 2016, Somalia plans to print new official banknotes that will circulate in parallel with US dollars by early 2017. The International Monetary Fund is helping Somalia print and circulate the currency, said Bashir Issa Ali, governor of Somalia’s central bank. Most Somali shillings currently in circulation were printed by warlords, not the federal government in Mogadishu.

Libya's rival currencies reportedly will circulate in parallel

The latest reports out of Libya indicate that the Presidency Council of the United Nations-backed Government of National Accord has reversed its previous rejection of the new banknotes which were printed in Russia for the Thinni government in Beida. Although similar in design and size to the existing notes issued by the internationally-recognized Central Bank of Libya in Tripoli, the new notes have different security features, watermarks, and serial numbers.

The rival Central Banks in Tripoli and Beida will apparently jointly supervise the issue of new notes which will circulate throughout the country to alleviate the cash shortage. The new Russian-printed note are to be issued on 1 June 2016.



Serbia new sig/date (2016) 5,000-dinara note (B422) confirmed

Serbia_NBS_5000_dinara_2016.00.00_B422a_PNL_AA_0009292_f
Serbia_NBS_5000_dinara_2016.00.00_B422a_PNL_AA_0009297_r
B422: Like B413, but new date (2016), new signature (Jorgovanka Tabaković), and the national coat of arms on back is more detailed, in accordance with the Decree on Establishing the Original Great and Small Coat-of-Arms, Flag and National Anthem of the Republic of Serbia, No. 85 of 15 November 2010.

Courtesy of Lajcsak Istvan.

Costa Rica chapter of The Banknote Book is now available

Costa Rica cover
The Costa Rica chapter of The Banknote Book is now available for individual sale at US$9.99, and as a free download to subscribers.

This 27-page catalog covers notes issued by the Banco Central de Costa Rica (Central Bank of Costa Rica) from 1950 to present. Published 27 May 2016.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote BookIf you collect the entire world or a large number of countries, buying a subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the term of your subscription.

Subscribe
Sign up for Email NotificationsIf you would like to receive email notifications whenever a new chapter of The Banknote Book is published, please join the email list.

Sign up

Libya new competing 20- and 50-dinar notes reportedly to be introduced 01.06.2016

Libya_CBL_20_dinars_2016.06.01_BNL_PNL_2_0000000_f
Libya_CBL_20_dinars_2016.06.01_BNL_PNL_2_0000000_r

Libya_CBL_50_dinars_2016.06.01_BNL_PNL_2_0000000_f
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According to an article in The Libya Observer dated 25 May 2016, the eastern Central Bank of Libya (based in the city of Bayda, not the capital Tripoli) plans to introduce new 20- and 50-dinar notes on 1 June 2016. 4-billion dinars worth of new notes were reportedly printed in Russia (likely by Goznak) and bear the signature of Governor Ali Al-Hibri, the rival for Tripoli-based Governor Al-Siddig Al-Kabir. The new notes will reportedly circulate in parallel with the existing notes of the same denominations (B544 and B545, respectively). The designs of both are very similar, though there are slight changes to the security features, and the serial number at right front is horizontal, not vertical, and neither serial number has ascending size digits.

Courtesy of Alex Zlotin.

Hong Kong Standard Chartered Bank new date (01.01.2014) 1,000-dollar note (B423d) confirmed

Hong_Kong_SCB_1000_dollars_2014.01.01_B422d_P301_BN_266656_f
Hong_Kong_SCB_1000_dollars_2014.01.01_B422d_P301_BN_266656_r
B422d: Like B422c, but new date (1st JANUARY 2014). Prefix BN.

Courtesy of Wally Myers.

Hong Kong Standard Chartered Bank new date (01.01.2014) 500-dollar note (B421d) confirmed

Hong_Kong_SCB_500_dollars_2014.01.01_B421d_P300_BT_848416_f
Hong_Kong_SCB_500_dollars_2014.01.01_B421d_P300_BT_848416_r
B421d: Like B421c, but new date (1st JANUARY 2014). Prefix BT.

Courtesy of Wally Myers.

Libya may soon have competing dinars issued by two different banks

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These images are reportedly of the dinar notes intended for the bank in eastern Libya.

According to an article in The Guardian dated 20 May 2016, there are reports that Libya's unity government may be undermined by the introduction of two different sets of new dinar notes from competing central banks: the UN-recognized Tripoli government led by Fayez Sarraj and the Tobruk-based parliament loyal to General Khalifa Haftar in the east. Apparently De La Rue has recently delivered new notes to the Tripoli bank, whereas Ali Salim al-Hibri, once recognized as the bank governor by the International Monetary Fund, claims to have printed dinars with the help of the Russian state (Goznak). While no images of either notes are yet available, "The two currencies would have different serial numbers, security details and watermarks, diplomats say."

Courtesy of Mark Irwin and Raphael Dvir.

Eritrea new note family (B113 - B117) confirmed

According to an article in TesfaNews dated 29 November 2015, the Bank of Eritrea began replacing preceding issues at par with these new notes from 18 November to the end of 2015. During November, individuals and entities could deposit any amount of money in their accounts, but during December, deposits and exchanges were limited to 20,000 nakfa. On 1 January 2016, the old nakfa notes was demonetized. The move was meant to harm black marketeers who hoard large sums of money for informal foreign currency exchange, money laundering, counterfeiting, and contraband purposes.

The 100-nakfa note (B110) had been printed in 2011 but held in storage and released only now in late 2015. All the other notes in this new family are dated 24.5.2015 and begin with AA prefixes, indicating a new family, but the 100-nakfa is dated 24.5.2011 and has prefix AJ - AN.

Eritrea_BOE_1_nakfa_2015.05.24_B113a_PNL_AC_4022505_fEritrea_BOE_1_nakfa_2015.05.24_B113a_PNL_AC_4022505_r

Eritrea_BOE_5_nakfa_2015.05.24_B114a_PNL_AA_4905088_fEritrea_BOE_5_nakfa_2015.05.24_B114a_PNL_AA_4905088_r

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Eritrea_BOE_20_nakfa_2015.05.24_B116a_PNL_AB_8551947_fEritrea_BOE_20_nakfa_2015.05.24_B116a_PNL_AB_8551947_r

Eritrea_BOE_50_nakfa_2015.05.24_B117a_PNL_AC_7951166_fEritrea_BOE_50_nakfa_2015.05.24_B117a_PNL_AC_7951166_r

Eritrea_BOE_100_nakfa_2011.05.24_B110a_PNL_AN_3730729_fEritrea_BOE_100_nakfa_2011.05.24_B110a_PNL_AN_3730729_r

Courtesy of Thomas Augustsson.

Sudan new sig/date (2015) 50-pound note (B105b) confirmed

South_Sudan_BSS_50_pounds_2015.00.00_B105b_P9_AE_0129401_f
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B105b: Like B105a, but new date, new signature, and matte denominations in corners. Prefix AE.

Courtesy of Hamid Kazemi.

Uruguay new 2,000-peso note (B553) confirmed

According to a press release dated 27 April 2016, the Banco Central del Uruguay has introduced a revised 2,000-peso series B note (B553) dated 2015 which is like the existing note (B551) of the same denomination, but with several significant changes to the security features, including denomination as registration device, holographic windowed security thread, translucent features, map of Uruguay in OVI, iridescent stripes, intaglio marks for the sight impaired. Series A notes will continue to circulate in parallel.

Uruguay_BCU_2000_pesos_uruguayos_2015.00.00_B553a_PNL_B_02000725_fUruguay_BCU_2000_pesos_uruguayos_2015.00.00_B553a_PNL_B_02000725_r
B553 (PNL): 2,000 pesos uruguayos (US$90)
Black, yellow, purple, and blue. Front: Denomination as registration device; coat of arms; laurels, buff-necked ibis (Theristicus caudatus) bird, and microscope; Dámaso Antonio Larrañaga; map of Uruguay in purple OVI. Back: Biblioteca Nacional 26 de Mayo de 1816 (National Library 26 May 1816); laurels, buff-necked ibis (Theristicus caudatus) bird, and microscope. Holographic windowed security thread. Watermark: José Gervasio Artigas and electrotype Dos Mil and 2000 stacked three times. Printer: OBERTHUR technologies. 159 x 74 mm.
a. 2015. Signature 30. Serie B. Intro: 27.04.2016.



Courtesy of Arnoldo Efron (MRI Guide).

How to design beautiful banknotes

Check out this interesting DesignWeek article on "How to design beautiful banknotes."

Korea chapter of The Banknote Book is now available

Korea cover
The Korea chapter of The Banknote Book is now available for individual sale at US$9.99, and as a free download to subscribers.

This 19-page catalog covers notes issued by the Treasury Department in 1893, the First National Bank from 1902 to 1909, the Bank of Korea from 1910 to 1911, the Bank of Chosen from 1914 to 1947, and the Red Army Headquarters from 1945 to 1946. Published 13 May 2016.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote BookIf you collect the entire world or a large number of countries, buying a subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the term of your subscription.

Subscribe
Sign up for Email NotificationsIf you would like to receive email notifications whenever a new chapter of The Banknote Book is published, please join the email list.

Sign up

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