Tag: Bank notes

In 2016 it was decided that Harriet Tubman is to replace Andrew Jackson on the American $20 banknote. But then Trump came, and nothing changed. Under the Biden administration, things are now to move forward. However, the case has become a hotly debated issue.

The Bank of England Museum is offering a lot of activities while it has to stay closed during the Covid-19 pandemic: virtual talks, tours and educational resources. The museum presents its collections now also through tours in the Smartify app.

A serious diplomatic dispute came up in the context of the G20 Summit. However, the problem wasn’t due to any controversial comments made but by a banknote issued on 25 October 2020 by The Saudi Arabian Monetary Agency as Michael Alexander reports.

The paper mill Louisenthal has received a sustainability award by the International Association of Currency Affairs for their longlasting research on the production of ecofriendly banknotes.

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.

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.

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

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.

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 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.