Banknotes

According to a report on Radio Free Iraq dated 6 February 2010, the Central Bank of Iraq “is planning to redenominate the national currency in an effort to ease transactions and allow people to carry less paper money. Mudhhir Muhammad Salih, a member of a Central Bank advisory panel, told RFI that a plan has been made to remove three zeros from the currency and phase out the current banknotes late this year. Salih said by the end of 2010 the new banknotes will be fully introduced while the old banknotes will be gradually removed from circulation. He did not specify when the new notes would be issued. Both will be legal tender in Iraq until the old notes are completely withdrawn.”

100 rand (US$12.85), no date. Like Pick 131, but new signature (Ms. Gill Marcus).

If you have the note, please send scans of the 50-rand denomination with the new signature.

Courtesy of Andrew Roberts.

5 dollars (US$0.07), 2008. Like Pick 26, but new date and new signatures (Antoinette Sayeh, MINISTER OF FINANCE; J. Mills Jones, EXECUTIVE GOVERNOR).

Courtesy of Andrew Roberts.

According to an article in The Jakarta Post dated 4 February 2010, “Bank Indonesia’s (BI) plan to start minting 800 million new Rp 1,000 (about 10 US cents) coins has been delayed until April, a central bank official says. Yopie Alimudin, the central bank’s deputy director for currency circulation said, as quoted by kompas.com, that the original plan was to start minting the new coin in February, but it was delayed due to “certain reasons”. He did not elaborate. BI had planned to issue a Rp 2,000 banknote (about 22 US cents) and a Rp 1,000 coin this year. Only the new banknote has been circulating. The Rp 2,000 bill will be the country’s smallest denomination banknote once the Rp 1,000 coin takes the place of the existing Rp 1,000 bill. The new coins, like the new bill, will use Braille making them more convenient for visually impaired people. BI is preparing new designs and security systems to discourage counterfeiters. The last time BI issued new-look banknotes was in 2005, with its release of new Rp 50,000 and Rp 100,000 bills. The central bank will issue approximately Rp 5.6 billion worth of banknotes and coins this year. At present, BI coins come in denominations of Rp 100, Rp 200, and Rp 500, while banknotes are in denominations of either Rp 1,000, Rp 5,000, Rp 10,000, Rp 20,000, Rp 50,000 or Rp 100,000.”

5 dollars (US$2.50), 1st JULY 2009. Like Pick 67, but new date and new signatures.

Courtesy of TDS.

As you are no doubt aware, the citizens of Haiti suffered a catastrophic earthquake on 12 January 2010. Hundreds of thousands of people were killed in the quake, and the survivors are still in great need and pain in this very poor country. As a resident of quake-prone San Francisco since 1988, I feel I must do my part to help Haitians during their time of need. That’s why I will donate 100% of all revenues I receive from sales of The Banknote Update during the month of February to the American Red Cross Haiti Relief and Development.

If you’ve been thinking about making a donation or buying a copy of The Banknote Update, now’s the time, since you’ll be helping others and helping yourself. Also, if you’ve previously made a donation to any other charity helping Haiti, simply forward confirmation of your donation of $15 or more and I will send you a free PDF copy of The Banknote Update. Thank you in advance for your consideration and compassion.

Owen W. Linzmayer

Banknotenews.com Publisher

San Francisco, California

Poland 50 Zloyth 1988 UNC
Front: Karol Swierczewski (22 February 1897 till 28 March 1947)
Back:

This is an obsolete 50 złoty banknote of the People’s Republic of Poland with the face of Karol Świerczewski.

Karol Świerczewski was a Pole who became a Soviet military officer and a general. He served as a general in the service of the Soviet Union, Republican Spain and the Polish Provisional Government of National Unity after World War II. Read more

In a press release dated 3 February 2010, Banco Central do Brasil announced that it intends to issue a new family of paper notes starting with the 50- (US$27) and 100-real (US$55) denominations to be introduced in mid-2010, followed by the 10- ($5.50) and 20-real (U$11) notes in the first half of 2011, and concluding with the 2- (US$1.10) and 5-real (US$2.75) notes in the first half of 2012. During the transition to the new family, the current series will remain legal tender.

The new notes are dated, and will increase in size with the denomination. Along with tactile features, this will assist the sight-impaired in distinguishing between denominations. The notes bear the signatures of the minister of finance, Guido Mantega, and the president of the bank, Henrique Meirelles. The theme of the current family—an effigy of the Republic on the front and Brazilian animals on the back—will be maintained, but the graphics have been redesigned with a horizontal orientation and for enhanced security.

Courtesy of Rafael Augusto Mattos Ferreira, Marco Antonio Da Silva Freire, and Rui Manuel Palhares.

200 shillings (US$2.65), 17th JUNE 2009. Like Pick 43, but new date.

500 shillings (US$6.55), 17th JUNE 2009. Like Pick 44, but new date.

Courtesy of John Silver.

20 rufiyaa (US$1.55), 2008/AH1430. Like Pick 20, but new date (29.12.2008) and new signature (unknown).

Courtesy of Rui Manuel Palhares.