Aug 2006
Paraguay issues revised 20,000-guarani note dated 2005
Aug 31, 2006 11:00 AM Category: South
America
20,000 guaranies, 2005. Issued August 31, 2006. Sky blue and gray. “A” prefix, novel serial numbers at left, “BCP” registration device and latent image, windowed security thread, denomination fluoresces under UV light. Signatures: Ramon Arréllaga, Gerente General; Monica Perez, Presidenta. Woman holding vase at right. Central Bank of Paraguay building on back. Printer: Giesecke & Devrient, Germany (with imprint). 157 x 67 mm.
Images courtesy of Fernando Chilavert and Andres Michelfelder.
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Ukraine issues revised 10-hryvnia note dated 2006
Aug 25, 2006 11:00 AM Category: Europe
10 hryvnia, 2006. Issued August 25, 2006. Like Pick 119, but new date and signature 4 (Stelmah) instead of signature 5 (Tigipko). Hetman Ivan Stepanovych Mazepa (1644 - 1709) as portrait and wmk. Kiev Pechersk Lavra (Kiev Monastery of the Caves), books, candle, inkwell, pen, paper, tambourine, and lute on back. 124 x 66 mm.
Images courtesy of Mikhail Istomin.
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Canadians cool to idea of new $200 note
Aug 20, 2006 11:00 AM Category: North
America
According to an August 20, 2006 article in the Calgary Sun, the Bank of Canada has withdrawn its proposal to introduce a $200 bank note — the first in the bank’s history — in the face of strong opposition of retailers.
The bank had been investigating a high-denomination replacement for the $1,000 note (Pick 100, shown above) that it ceased issuing on May 12, 2000. Thereafter, all $1,000 notes returned to the bank were withdrawn from circulation and destroyed. At the time the bank said the move was intended to fight money laundering and organized crime.
Nonetheless, in December 2005, the bank commissioned Toronto-based SES Research to conduct a survey of 2,000 store owners asking if they would accept a circulating $200 bill. “There currently exists a significant current of opposition to the introduction of a $200 banknote,” concluded the report, noting that the move was opposed by 59% of those surveyed, with opposition rising as high as 70% in Quebec.
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Philippines ceases outsourcing note printing
Aug 15, 2006 11:01 AM Category: Asia
According to an August 15, 2006, article in The Manila Times, the Bangko Sentral ng Pilipinas (BSP) will cease outsourcing the printing of bank notes in 2007 in the wake of an embarrassing mistake made public last November.
In an attempt to ensure a sufficient supply of 100-piso (US$1.95) bank notes during the 2005 Christmas season, last year the BSP contracted the services of an unnamed French security printer. The move was supposed to be economical, too, since the French printer’s cost of production was reportedly half that of the BSP.
Unfortunately, the outsourced 100-piso notes (Pick 194c) delivered to the BSP bore President Gloria Macapagal-Arroyo’s surname misspelled as “Arrovo.” Approximately 1,000 of these error notes were released into circulation before the mistake was caught. They remain legal tender in the Philippines, but are valued at US$20 in uncirculated condition, according to the 12th edition of the SCWPM.
Said an unnamed source, “It’s both the printer and BSP’s fault, because BSP sent its staff abroad who handles outsourcing of bank notes. However, the French printer shoulders the printing cost.”
A new story in the Manila Standard Today reports that 2.14 million error notes were released, and that the printer in question is Francois Charles Oberthur Fiduciare. Oberthur has reportedly agreed to shoulder the cost of a quarter of the initial print run of 77.9 million notes and will replace three quarters of that amount.
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Vietnam issues two new polymer notes
Aug 15, 2006 11:00 AM Category: Asia
On
August 15, 2006, the State Bank of Vietnam announced
it would issue two new polymer notes. The
200,000-dong note is the first of that denomination
in the nation’s history. The current paper
10,000-dong note (Pick 115) remains legal tender; all
smaller bank notes are being replaced by coins. SBV
has announced that it will eventually convert all its
denominations to polymer.
10,000 dongs, (20)06. Issued August 30, 2006. Purple, light green, and light blue. President Ho Chi Minh. “Treehouse” wmk, curved security thread, registration device, microprinting, and “VN” latent image. Off-shore oil rigs on back. Polymer. 132 x 60 mm.
200,000 dongs, (20)06. Issued August 30, 2006. Red, green, and peach. President Ho Chi Minh as portrait and wkm. Curved security thread, registration device, OVI, and microprinting. Junk in Ha Long Bay on back. Polymer. 148 x 65 mm.
Neither information nor images from this site may be reproduced without permission.
10,000 dongs, (20)06. Issued August 30, 2006. Purple, light green, and light blue. President Ho Chi Minh. “Treehouse” wmk, curved security thread, registration device, microprinting, and “VN” latent image. Off-shore oil rigs on back. Polymer. 132 x 60 mm.
200,000 dongs, (20)06. Issued August 30, 2006. Red, green, and peach. President Ho Chi Minh as portrait and wkm. Curved security thread, registration device, OVI, and microprinting. Junk in Ha Long Bay on back. Polymer. 148 x 65 mm.
Neither information nor images from this site may be reproduced without permission.
Tanzania issues corrected 1,000-shilling note
Aug 08, 2006 11:01 AM Category: Africa
1,000 shillings, ND (2006). Issued August 8, 2006. Like Pick 36 (above, left), but with portrait of President Julius K. Nyerere corrected to show the shirt button on the “masculine” side (above, right). 135 x 66 mm.
Images courtesy of Chris Twining.
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