Thursday, April 30, 2015

Transdnistria to issue banknotes to commemorate 70th Anniversary of WWII Victory

 

Trans-Dniester Republican Bank unveiled 1 and 10 Ruble banknotes on April 28, 2015 to mark the 70th anniversary of Victory in World War II.

The commemorative banknotes have the format and design similar to the existing banknotes, but with an overprint at the front lower right corner showing the image of the ribbon of the Order of St. George and inscriptions: at the top "70 years of Great Victory"; at the bottom - " 1945-2015. "

Only 7070 pieces of each denomination are issued, of which 2 000 pieces of each denomination are placed in a specially designed booklets (both banknotes in one booklet).

Wednesday, April 29, 2015

The Great Wall of Cash

The great wall of cash: Chinese farmer builds new villa featuring huge banknotes in walls so that his ex-wife knows what she’s missing out on

Zhao Mashui was abandoned with their children by wife 20 years ago

Homeowner spent more than £3,000 on the decorative wall art

Each stone carving took specialist two days to carefully create

Now plans to have hundreds of banknotes etched on his property


Expensive taste: Zhao has decorated the wall with bank notes to show his estranged wife what she is missing

A Chinese farmer had banknotes engraved into the side of his home to show his estranged wife what she is missing.

Zhao Mashui, 53, paid for giant carvings of currencies to show the mother of his children, who reportedly left him 20 years ago, that he had been a success without her.

He paid for enlarged versions of the two, five, 50 and 100 Renmenbi notes, 1000 Hong Kong dollars and an American 100-dollar-bill to be carved on a 20-metre wall, according the People's Daily Online.

Mr Zhao said he had to act as both mother and father to his four daughters and one son after she left.

‘I just don’t want my wife to look down upon me. I am able to build a new house and support my family well,’ he said, in an interview with Quanzhou Evening News.

The father-of-five came up with the idea when he decided to renovate the wall last June.

Only one wall has banknotes at the moment but Mr Zhao plans to put them on all four walls before long.

‘If you come this time next year, you’ll see hundreds of banknotes on the wall by then,’ added Zhao.


Cashing in: Zhao Mashui paid for enlarged versions of the two, five, 50 and 100 Renmenbi notes, on his home


Flush: The dad-of-five wanted to show ex-wife how well he was doing after she left him and the children 20 years ago


Mega bucks: Stonemasons spent two days on each intricate carving including this $100 bill

With their intricate pattern and realistic colour, each note took specialists two days to complete, costing more than thirty thousand yuan (£3100) so far.

His house in Jinjingfu village in Quanzhou City, Fujian province, has now become popular with locals who want to visit the wall of cash.

Courtesy Kate Pickles and Olivia Chan, Daily Mail, 29 April 2015

Sunday, April 26, 2015

Scotland's new plastic fivers are set to change hands for as much as £100 thanks to surge of interest by collectors

SCOTLAND'S new plastic fivers are fetching up to £100 each on internet auction sites.

Two million of the Clydesdale Bank polymer notes will enter circulation over the next few months after the launch on March 23.

But they are already being snapped up online by foreign and English collectors.

Crucially, the non-paper notes – which are waterproof and crumple-free – can only be issued over the counter in Scotland.

Auctioneer Gavin Tavendale, of Edinburgh firm Thomson Roddick, says banknotes regularly sell for much more than their face value.

But Gavin, a notes, medals and coins specialist for 15 years, added: “To see this at £100 shocks me. It doesn’t make much sense.

“But collectors sustain any market. If you are a Scot living down south or abroad and you want to get a hold of one of these, it might be the only way to do it.

“When it comes down to it, if there’s a demand there, it will sell at whatever price.

“Money’s no object when you are a collector, especially if you want the note instantly. You’ll pay top dollar to get it.” We found 15 adverts for the £5 notes on eBay priced up to £100 each.

Clydesdale Bank branches were initially limiting the notes to two per customer – but tellers have now been advised to use their discretion.

The bank said they were surprised they were selling for such a high price.

A spokesman added: “We’re delighted with the response we’ve had so far and branch stocks will continue to be replenished in the coming weeks.

“Note collectors can also contact our head office in Glasgow, where a commemorative pack is available for £8, which includes a £3 charity donation.”

Courtesy Jane Barrie, Daily Record, 26 April 2015

Wednesday, April 22, 2015

How to get rid of 100,000 small banknotes in China

It's one way to get rid of your spare change -- buy a BMW with it.

A woman in the city of Zhengzhou, capital of the central Chinese province of Henan, last week partially paid for a brand new BMW 730Li luxury sedan with stacks of one yuan notes.

100,000 of the small-denomination notes, which are each worth around 16 cents, filled five boxes and took dealership staff the best part of a day to count, Chinese media reported.

"I have read in media that some people like to use small valued banknotes to buy cars, but I never imagined I would experience this kind of thing myself," Li Moran, the manager of the dealership, was quoted in the South China Morning Post as saying.

Staff at the Zhengzhou Bao Lian Xiang Automobile shop declined to comment when contacted by CNN.

The woman owns a food wholesale business, and customers paying with small bills means that over the years she has accumulated tens of thousands of the notes, and had decided to use the lot of them when she was ready to buy a car.

She paid the remaining balance by credit card. The model in question sells for between 956,000 and 1,023,500 yuan ($154,000 to $165,000), according to BMW China's website.

Courtesy Euan McKirdy, CNN, Wed April 22, 2015

Saturday, April 11, 2015

Rare Irish £10 note is expected to fetch £5,000 at London auction

A RARE £10 note issued by the Royal Bank of Ireland in 1929 is expected to fetch up to £5,000 when it goes under the hammer in London this month.

The note is one of just 12,000 issued in a set printed on May 6, 1929 in the newly formed Irish Free State, of which, it is suggested, only ten have survived.

It features among more than 100 Irish banknotes, dating from the early 19th century through to more modern times, that are due to go up for sale at the Dix Noonan Webb auction house in London on Monday, April 27.

The notes “reflect the period of political upheaval and economic changes that followed the partition of Ireland after the Anglo-Irish Treaty was signed in 1921″, according to experts at the auctioneers.

A Royal Bank of Ireland £5 note, issued on January 29, 1931, and a National Bank Ltd £5 note dated March 15, 1933, both of which have pre-sale estimates of £1,800 to £2,200, will also be auctioned at the event.

Following the establishment of the Free State in 1922, a Currency Commission was established in Ireland which introduced the Irish Pound, fixed at parity with the Pound Sterling.

Eight banks were given permission to issue the new nation’s notes, including the Royal Bank of Ireland – which had not previously produced notes, with the amount of money each bank could issue proportionate to its size.

“In 1929 there were 15 different types of £1, £5 and £10 notes circulating in the Irish Free State and Northern Ireland,” a Dix Noonan Webb spokesman explained.

“With 45 different notes issued in a single year on the island of Ireland, some of which are rare, it is a collectors’ paradise,” he added.

Founded in 1990, Dix Noonan Webb is one of the world’s leading specialist auctioneers and valuers of coins, tokens, medals and paper money of all types.

Courtesy Fiona Audley, The Irish Post on April 11, 2015

Friday, April 10, 2015

Solomon Islands launches a new $100 banknote

The Central Bank of Solomon Islands has issued a new $100 banknote today. This note is the second denomination of the new series, following the $50 launched in September 2013. In keeping with the theme of the new series, this note uses strong images and bold colors to reflect the vibrancy of the islands.

This note features rural life, depicting particularly the coconut as a major source of income in the rural Solomon Islands. The front depicts the abstract pattern work based on a geometrical design and represents the swirling movement of shoals of fish. The back portrays rural livelihood, social and economic activities in rural Solomon Islands.

Sunday, April 5, 2015

Origami made of U. S. banknotes

A spectacular collection of origami made of $1 and $2 U. S. banknotes

Left to right: Phone; Hoe; Bear

Left to right: Curled cat; Dragon; Hawaiian shirt

Left to right: Panda; Penguins; Pig

Left to right: Rose; Spider; Butterfly

Left to right: Car: Elephant; Koi fish

Left to right: Crab; Camera; Bull

Left to right: Horse; Gun; Seahorse

Thursday, April 2, 2015

Iran Unveiled New 50,000 Riel Commemorative Banknote

The Central Bank of the Islamic Republic of Iran has announced that it intends to issue a 50,000 rials note to commemorate the 80th anniversary of the founding of the University of Tehran in the Spring of 2015.

The front of the note is similar to the previous issue. The back features the main entrance gates of the University of Iran.

The note is 79 × 166 mm in dimensions and includes all necessary security features.