Wednesday, May 23, 2012

Scotland Launches Commemorative £10 Note to Celebrate the Queen's Diamond Jubilee

Fife Today
Published on Tuesday 22 May 2012 16:50

A commemorative £10 banknote to celebrate the Queen's Diamond Jubilee and her connections with Scotland has been launched.

The note depicts images of the Queen over her lifetime, including a picture of her at Balmoral, an official photograph taken in the 1940s, an image of her attending the Mass for the Order of the Thistle, and one taken at Epsom Racecourse in 2008.

The note, launched by the Royal Bank of Scotland (RBS) and approved by the Queen, is available in branches in Scotland as well as to order for its face value plus postage charges.

Two million of the notes will be issued, with initial supplies already in circulation, to celebrate the Queen's 60-year reign.

RBS chairman Sir Philip Hampton said: "RBS has a long connection with royalty and a tradition of issuing notes to commemorate royal celebrations.

"We felt that this was the most fitting way to honour the Queen's Diamond Jubilee and her long reign as monarch."

The launch marks the first £10 commemorative note to be issued by RBS and is the third in the bank's specially-issued note series, which also includes a £20 note for the Queen Mother's 100th birthday and a £5 note for the Queen's Golden Jubilee.

Some of the new notes, and other rare RBS banknotes, will be sold at a charity auction later in the year, with the proceeds going to the Queen's Diamond Jubilee Charity Trust.

Notes with special serial numbers have been donated to the Prince's Scottish Youth Business Trust (PSYBT), Oxfam, National Museum of Scotland, Scottish Rugby Union, Scottish Golf Union and the STV Children's Appeal.

RBS said it was the first bank to include a portrait of the monarch on its note in 1727, something which was not done by the Bank of England until the 20th century.

Scans courtesy Claudio Marana

Sunday, May 20, 2012

Malawi Introduces New Kwacha Currency

The Reserve Bank of Malawi will on 23rd May, 2012 release a new family of banknotes which will comprise of six denominations of K1000, K500, K200, K100, K50 & K20.

Front: Inkosi ya Makhosi M’mbelwa II (Lazalo Mkhuzo Jere), 1915-1959 – He was the most powerful and fearless leader the Northern or Jere Ngoni have had since settling in northern Malawi. He too led his people to oppose the imposition of the Federation in the early 1950s. In the late 1950s, he mobilised the people of Mzimba District to rally behind the Nyasaland African Congress, its leader Dr H. Kamuzu Banda, and the movement for national independence.

Back: Domasi Teachers College

Front: Inkosi Ya Makhosi Gomani II. Philip Zitonga Maseko, 1921-1954 – He was the most development conscious paramount chief the Southern or Maseko Ngoni had during the colonial period. He mobilised his people to oppose the Federation of Nyasaland and Rhodesia, was deposed and exiled for that reason, and died in exile as a martyr while defending the dignity and freedom of his people.

Back: Kasungu National Park

Front: Mr. James Frederick Sangala, 1900-1974 – the founder of the Nyasaland African Congress who campaigned relentlessly for national unity in Malawi in the 1940s.

Back: College of Medicine in Blantyre

Front: Mrs Rose Lomathinda Chibambo, 1928 to date – The first Chairperson of the Nyasaland African Congress Women’s League and the first only female member of independent Malawi’s first cabinet in 1964.

Back: Parliament building

Front: Reverend Mr. John Chilembwe, 1871-1915 –Widely recognised as the first freedom fighter in Malawi.

Back: Mulunguzi dam

Front: Dr Hastings Kamuzu Banda, 1898-1997 – Father and Founder of the Malawi nation and first President of independent Malawi.

Back: Mzuzu maize silos

Saturday, May 5, 2012

Philippines Issues New 500 Peso 2012 Commemorative

Bangko Sentral ng Pilipinas has issued a new 500-peso banknotes with an overprint of the logo of the 45th Annual Meeting of the Asian Development Bank (ADB) to express solidarity with the ADB's goal to free Asia and the Pacific from poverty. By ADB's estimate, about 1.8 billion people in the region are poor and unable to access essential goods, services, and opportunities. The overprint is on the 500-piso banknote that features the late Senator Benigno Aquino, Jr. who said: "The Filipino is worth dying for". A total of 10 million pieces of these 500-peso banknotes were printed by the Bangko Sentral ng Pilipinas to make it available to the general public through banks across the country.

Wednesday, May 2, 2012

Canada Unveils New $20 Polymer Banknote

The Bank of Canada has unveiled a new version of the $20 bill that it says is almost impossible to copy.

The new polymer bank note features an updated design of Queen Elizabeth II and Canada's National Vimy Memorial and incorporates the latest in anti-counterfeiting technology.

"The Bank's goal is to maintain Canadians' confidence in our money as a secure means of payment," said Bank of Canada governor Mark Carney in a statement. "This new $20 note fits the bill."

Close to $10 million in counterfeit money is seized by the RCMP each year.

The $20 note is the most circulated and most counterfeited denomination in Canada, according to the Bank of Canada and the RCMP.

The new paperless, plasticized bills are part of a total currency redesign announced by the country's central bank in 2011.

The new $20 bills will begin circulating in November, joining polymer versions of the redesigned $100 and $50 bills already in use.

New versions of the $10 and $5 will follow by the end of 2013.

The new bills include a transparent section, a holographic stripe, and other security features that are designed to make duplicating the notes a nightmare for criminals.

The new polymer notes are supposed to last two and a half times longer than paper money.

Like the old cotton paper notes, they can go through the wash without being harmed.

Polymer banknotes have already been adopted in Australia, Brazil, and India.

Finance Minister Jim Flaherty, who revealed the initial currency redesigns last June, said the new notes evoke Canada's "spirit of innovation" and serve as "cultural touchstones that reflect and celebrate our Canadian experience."

Scans courtesy Claudio Marana