Sunday, 29.11.2020

Tag: Bank notes

Argentina’s Central Bank Museum Recovered Stolen Paper Money Sketches

In 2018, handmade paper money sketches disappeared from the Central Bank Museum of Argentina. The sketches of prototypes were about to be auctioned off in the USA. However, they were identified and repatriated.

30 Years of Monetary Union

On 1 July 1990 the financial union between the Federal Republic of Germany and the GDR took effect, requiring a large quantity of Deutsche Mark banknotes to be produced in a very short time. Half of this additional demand was produced by Giesecke+Devrient.

Aruba Wins IBNS 2019 Bank Note of the Year Award

The International Bank Note Society announced the winner of the Bank Note of the Year Award for 2019: Aruba’s new 100 Florin bill.

Zimbabwe Introduces Larger Denomination Dollar Banknotes

The Reserve Bank of Zimbabwe have announced they will be releasing into circulation larger value banknotes, namely new ZWL $10 dollar denominations and ZWL $20 denominations. Due to galloping inflation, these new banknotes are the equivalent of 0.40 resp. 0.80 USD.

Iran Parliament Agrees to Redenomination of Rial Currency and Will Re-Introduce Toman

As a result of the rampant inflation seen by the Iranian currency trade, the Iranian Parliament has voted to implement a programme for transitioning the country’s monetary system to the Toman.

Colin Narbeth (1929-2020)

Colin Narbeth died aged 90. He was the founder and driving force behind the creation of the International Bank Note Society and a true pioneer of the study and collecting of paper money, called by some ‘Mr Banknote’. Jonathan Callaway remembers him.

PMG Achieves Major Milestone: 5 Million Notes Certified

The company’s 15th anniversary isn’t the only thing Paper Money Guaranty® can celebrate this year: PMG has now graded 5 million banknotes, becoming the first third-party grading service to achieve this important milestone.

2019 Record Year for Giesecke+Devrient

Giesecke+Devrient reports record results for the past fiscal year. The Munich-based group specializing in security technology has seen significant increases particularly from the business in digital products and services.

PMG Celebrates 15 Years and Nearly 5 Million Notes

Paper Money Guaranty is celebrating its 15th anniversary in 2020, a year that will also see the paper money grading service surpass 5 million notes certified. Both of these milestones of longevity and volume are unparalleled achievements in third-party paper money grading.

Surprising Number of Polymer £5 and £10 Banknotes Replaced Due to Damage

New information pertaining to Bank of England polymer notes has surfaced in which their lifespan has been put into question. The Bank of England has reported that nearly 50 million polymer notes have had to be replaced since they were launched due to wear and tear.
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