Hong Kong urges use of circulated notes for red envelope gifts
“Thanks to the support of the public and the note-issuing banks, about 162 million, or 50%, of the notes issued in the run-up to the last Chinese New Year were good-as-new notes, up from 53 million, or 20%, the year before…Every year 300 to 400 million new and used notes are issued to cater for demand in connection with the Chinese New Year. Three hundred million notes occupy 500 cubic metres of storage space and could fill 20 twenty-foot containers. The three note-issuing banks need to arrange 500 trips with security escort to transport these brand-new notes. And it takes 400 tonnes of cotton to produce 300 million banknotes.
“Good-as-new notes are perfectly suitable for use as lai-see. Hong Kong’s currency notes are kept very clean with dirty or torn notes being removed from circulation when they are returned to the note-issuing banks. Each year about one-third of the notes in circulation are identified as unfit for use and replaced.”
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Philippines to issue commemorative 100-piso note in 2008
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Bermuda to issue new note family in 2009
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Clydesdale Bank of Scotland new date (2006) £20 note reported
20 pounds (US$39.10), 24th JUNE 2006. Front like P229E, back like P221, but new date.
Images courtesy of Barry Boswell (www.collectpapermoney.co.uk).
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Ireland’s Ulster Bank revised £10 and £20 notes reported
10 pounds (US$19.60), 1st JANUARY 2007. Like P336, but new date, new typeface for Ulster Bank Limited, Royal Bank of Scotland logo added, and new signature (Cormac McCarthy, GROUP CHIEF EXECUTIVE). Printer: DE LA RUE.
20 pounds (US$39.25), 1st JANUARY 2007. Like P337, but new date, new typeface for Ulster Bank Limited, Royal Bank of Scotland logo added, and new signature (Cormac McCarthy, GROUP CHIEF EXECUTIVE). Printer: DE LA RUE.
Images courtesy of Barry Boswell (www.collectpapermoney.co.uk).
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Zimbabwe issues new 1-, 5-, and 10-million dollar notes
1,000,000 dollars, 1st January 2008. Expires 30th June 2008. Issued January 18, 2008. Brown. RBZ logo, signature (Dr. G. Gono, Governor), solid security thread, and Zimbabwe bird as watermark with RBZ as electrotype. Village, two women with poles on back.
5,000,000 dollars, 1st January 2008. Expires 30th June 2008. Issued January 18, 2008. Blue and violet. RBZ logo, signature (Dr. G. Gono, Governor), solid security thread with repeating RBZ, and Zimbabwe bird as watermark with RBZ as electrotype. Mountain range on back.
10,000,000 dollars, 1st January 2008. Expires 30th June 2008. Issued January 18, 2008. Red, purple, and green. RBZ logo, signature (Dr. G. Gono, Governor), solid security thread, and Zimbabwe bird as watermark with RBZ as electrotype. Tigerfish and Kariba Dam on back.
Images courtesy of Nick Brice.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Iran new sig. variety 50,000-rials note reported
50,000 rials (US$5.40), ND (2007). Like the IRR50,000 reported in IBNS Journal 46.1p21, but new signatures (Mazaheri and Danesh Jafari).
Images courtesy of Armen Hovsepian (www.armenstamp.com).
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Nicaragua to issue new family of notes, including polymers
300-dpi scans of actual notes and additional information on security features requested.
Thanks to Roberto Cacciamani for bringing this to my attention.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Cambodia issues new date (2007) 1,000-riel note
Norway new date 200-, 500-, and 1,000-kroner notes reported
200 kroner (US$33.20), 2006. Like P50, but new date, and new new signatures (Svein Gjedrem, Governor; Trond Eklund, Cashier’s Department Director).
500 kroner (US$92.10), 2005. Like P51, but new date, and new new signatures (Svein Gjedrem, Governor; Trond Eklund, Cashier’s Department Director).
1,000 kroner (US$184.20), 2004. Like P52, but new date, and new new signatures (Svein Gjedrem, Governor; Trond Eklund, Cashier’s Department Director).
Images courtesy of Jan Ove.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Estonia issues new date (2007) 100-kroon note
100 kroon (US$9.45), 2007. Issued January 10, 2008. Like P82, but new date, new signatures (Andres Lipstok, President; Mart Sõrg, Nõukogu esimees), wider (2 mm vs. 1.2 mm) security thread fluoresces blue under UV light, and rectangle with denomination in UV ink moved from front to back. Printer: Gieseke & Devrient.
Images courtesy of Michael Perelman.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
French Pacific Territories new signature varieties reported
500 francs (US$6.20), ND (2003-). Like P1, but new signatures (Severino, LE DIRECTEUR GÉNÉRAL; Jean Paul Redouin, LE PRÉSIDENT DU CONSEIL DE SURVEILLANCE; T. Cornaille, LE DIRECTEUR).
1,000 francs (US$12.35), ND (2003-). Like P2, but new signatures (Severino, LE DIRECTEUR GÉNÉRAL; Jean Paul Redouin, LE PRÉSIDENT DU CONSEIL DE SURVEILLANCE; T. Cornaille, LE DIRECTEUR).
Images courtesy of Wally Myers.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
India to issue 10-rupee note with S inset letter
No further details are available at this time. If anyone can provide information or images of the new note, please add a comment to this posting.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Dominican Republic new 200-peso note reported
200 pesos (US$5.95), 2007. First-ever RD$200 denomination. Issued October 2007. Magenta and gray. Portrait of three Mirabal sisters on front. Mirabal monument, tree, and national flag on back. Printer: De La Rue.
Courtesy of Claudio Marana.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Haiti issues new 20-gourde note
20 gourdes (US$0.50), 2001. Issued December 2007. Like commemorative P271, but legal tender, straight black serial numbers, silver foils around center wreath, and different holographic strip at right.
Courtesy of Claudio Marana.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Cambodia issues new 2,000-riel note
According to a January 8, 2008 article on China View, "The Cambodian National Bank has issued a new 2,000-riel bank note to refresh currency supplies and simplify cash payments, the Cambodia Daily newspaper said Tuesday. Roughly equivalent to half a U.S. dollar, the new note depicts an image of the Preah Vihear temple on one side and a woman harvesting rice on the other, the newspaper said. The notes replace an equal value of tattered 1,000-riel notes that have been taken out of circulation and destroyed, National Bank of Cambodia Deputy Governor Neav Chanthana said. 'The new note is to replace the older ones,' Neav Chanthana was quoted as saying. The 2,000-riel denomination also requires that only half as many bills be printed as are removed from circulation, thereby saving the usage of paper, she added."
Images courtesy of Leszek Porowski.
300-dpi scans of actual note and additional information on security features requested.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Hungary new date (2007) 20,000-forint note reported
The Banknote Update now available for US$15
The Banknote Update
An
Independent Addendum to Krause’s
Standard Catalog of World Paper Money (Vol. III, 13th
Ed.)
Collectors
everywhere rely upon Krause’s
Standard Catalog of World Paper
Money (SCWPM)
despite the widespread acknowledgement that the
catalog contains many inaccuracies and omissions
(download a review of the
catalog).
In my role as editor of the
International Bank Note Society
Journal,
I have reported and confirmed hundreds of new
banknotes and varieties that have not yet appeared in
the SCWPM, Volume III: Modern Issues (13th edition).
This very site contains many late-breaking postings
about new issues, but the printed page remains more
practical and portable than the web. Therefore I have
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The Banknote Update to
serve as an independent addendum to the catalog.
The Banknote Update is
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87-page PDF (12MB) document containing detailed
information and more than 660 full-color images of
185 brand new notes and 265 new note varieties from
over 120 countries (download a sample spread from the
update).
In short, if a new note is missing from the latest
SCWPM, it's probably in
The Banknote Update.
If you're a collector or dealer looking for
definitive information on the very latest banknote
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The Banknote Update is
a must-have addition to your reference library.
Each note is listed in ascending order by
denomination and includes face value in US dollars,
printed date, actual date of issue, and other
available information that is far more detailed than
anything you'll ever find in the SCWPM. You'll learn
exactly what distinguishes each new variety from
previous issues, including signatories identified by
name and title whenever possible, not cryptic
numerical references to signature combos for charts
that don't even exist in the SCWPM.
You can view
The Banknote Update on
a Macintosh or Windows computer with the
free Adobe Reader
or
any other other PDF-compatible program. You can
also print the update in whole or part in color or
in black & white. However, keep in mind that
all of the information and images in the update
are the result of painstaking research and a
considerable investment in time and energy. These
contents are copyrighted and may not be reproduced
without permission.
If you are one of the many collectors who has
complained about the poor quality of the SCWPM that's
a result of Krause having no competition, now is the
time to put your money where your mouth is and buy a
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The Banknote Update today
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The Banknote Update.
Owen W. Linzmayer
2227 15th Avenue
San Francisco, CA 94116-1824
United States
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
Bahamas issues new CRISP 5-dollar note
5 dollars (US$5), 2007. Issued December 17, 2007. Like P63, but fourth denomination in CRISP (Counterfeit Resistant Integrated Security Product) family with larger island names, 3-mm windowed security thread printed BAHAMAS, gold metallic foil galleon, 5 as electrotype watermark, THECENTRALBANK in microprinting, sand dollar in OVI, sand dollar as registration device, gold iridescent band with bank logo on back, signature (Wendy M. Craigg, Governor). Orange, brown, and blue. Sir Cecil Wallace-Whitfield as portrait and watermark. Junkanoo dancers on back. 156 x 67 mm.
Images courtesy of the Central Bank of The Bahamas.
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.