Sunday, November 24, 2013

Lebanon New 50,000 Livre Polymer Commemorative Banknote

The bank of Lebanon issued a 50,000 Livre polymer banknote on November 22, 2013 to commemorate the 70th Anniversary of independence.

The design of the new note has drawn derision for its gaudy color scheme and spelling error. The bill became a national joke when a preview revealed that "Independence" written according to its English spelling rather than the French "independance" on the French side of the note.

The bank denied that it was to blame for problems with the note, faulting the Britain-based company (De La Rue) that printed it.

A limited edition of 50,000 notes went into circulation on the anniversary of the end of French colonial rule in 1943.

Friday, November 8, 2013

8 Bizarre Banknotes

Sault Star
November 7, 2013

Zimbabwe One Hundred Trillion dollar bill
In February 2006, the Reserve Bank of Zimbabwe said it printed ZW$20.5 trillion to buy foreign currency to pay off debts - a trend which continued.
Eventually political turmoil and hyperinflation eroded the value of the Zimbabwe dollar and it underwent a series of redenominations including a $100 trillion banknote.
In 2008 the government limited cash withdrawals to ZW$100 billion per day, which was less than the cost of a loaf of bread.
The massive bill denomination circulated for just a few months before the Zimbabwe dollar was officially abandoned in 2009.
Photo: Wikipedia Commons

£100,000,000 banknote
Banks in Scotland and Northern Ireland must be backed pound for pound by Bank of England notes.
Rather than holding huge amounts of currency they instead use massive £100,000,000 banknotes nicknamed 'Titans'.
You can't get your hands on one though - they only circulate internally within the bank.
Photos: REUTERS/Toby Melville

Quasi Universal Intergalactic Denomination
Not quite a coin and not quite a banknote the Quasi Universal Intergalactic Denomination or 'quids' were designed by scientists for long-distance cash transfers. Why there would be no computers able to do the transaction onboard remains a mystery to us.
The quid looks pretty cool too - it has no sharp edges and each one contains eight planets orbiting a sun, reflecting the position of the planets in Earth’s Solar System.
Photo: Handout

Linden Dollars in Second Life
An untold number of videogames have currency either in gold, widgets or fake dollars.
But the popular virtual reality online game Second Life gamers can actually exchange their in-game Linden Dollars for cold hard cash.
While the exchange rate fluctuates and might not bring in as much as a 'real' job - it's still a pretty bizarre currency.

In 2003 Prien am Chiemsee, Germany began producing a currency called Chiemgauer.
Intended to promote local commerce the bills are valued at par with the euro.
Started by a high school teacher as a project with his students, as of 2011 there were 600 businesses participating.

Canadian $1,000 bill
Have you ever seen a Canadian $1,000 bill?
Chances are you haven't because they were discontinued permanently - along with the $1, $2, $25, $500 bills. The last $1,000 was printed in 2000.
Popular with organized criminals, nevertheless the bills are still legal tender.
Photo: QMI Agency

Ithaca Hours
Another local currency that can only be used in Ithaca, New York are the Ithaca Hours - so-called to remind the user they represents someone's labour.
While you can't convert the 'Hours' into regular currency there are over 900 participants accept the bills for goods and services.

Canadian Tire money
It would be hard to ignore our very own Canadian Tire money. While not strictly legal currency, the loyalty program reward started in 1958 is as Canadian as, well, maple syrup.
A revision in 1962 included values of 1-4 cents and in 2012 the company began testing plastic versions of the cash.
Photo: Wikipedia Commons.

Wednesday, November 6, 2013

South Africa Issues Revised Mandela Series Banknotes

South African Reserve Bank issues a revised series of Mandela banknotes today. The first Mandela banknotes were introduced exactly 12 months ago. The new banknotes include additional security feature in the form of little dots that appear on the front and back.

Banknotes with this new security feature will gradually be introduced from November 6, 2013. All current Mandela banknotes and the “Big 5” banknotes remain legal tender and will continue to co-circulate.

Tuesday, November 5, 2013

Canada to issue 5 and 10 Dollar Polymer Banknotes

The Bank of Canada will release into circulation new 5 and 10 dollar polymer banknotes on November 7, 2013.

Front: Sir Wilfrid Laurier, Prime Minister from 1896 to 1911; The West Block of Parliament

Back: Mobile Servicing System; Astronaut

Front: Sir John A. Macdonald, Prime Minister from 1867–1873 and 1878–1891; Library of Parliament

Back: The train, The Canadian; The Canadian Rockies

Monday, November 4, 2013

Angry Spaniards using Banknotes to Send Messages to Bankers and Politicians

Fed up Spaniards are using a new and creative way to express their anger against bankers and politicians who they hold responsible for the current economic crisis: they are defacing euro banknotes with criticism.

Such small acts of graffiti are finding their way through pockets and cash registers as well as across social networks. Despite ‘putting their mouths where their money is’ the protesters can still use the money as legal tender.

One user wonders if his message written on a five-euro banknote will reach the Banco Santander’s President, Emilio Botin.

“Politicians and bankers are a disgrace for the Nation” says another five-euro bill.

Another message bears a request that someone “go back to the past and ensure [Spanish Prime Minister Mariano] Rajoy’s parents never meet each other”.

The 50-euro bill reads: “As I know that certainly this banknote will end in your hands I take the occasion to leave you a private message” which is, invariably, an insulting one.

“This banknote is black money, please don’t make it circulate”.

Sunday, November 3, 2013

The Two Dollar Bill Documentary

John Bennardo of Delray Beach, Florida is producing a documentary film about the U. S. two dollar bill. The feature-length film explores everything about this unique denomination. If all goes well, the film is scheduled to be released in 2014.

For more details, Go to his website