Sunday, January 31, 2016

Philippines to issue new 100 Piso bills with stronger violet color

Old piso bill (top) and new (bottom)

Following complaints that the 100 Piso and 1,000 Piso bills seem to look alike, Bangko Sentral ng Pilipinas (BSP) will release on Monday 1 February 2016 100 Piso banknotes with a stronger violet color.

In a statement, BSP said the issuance of new 100 Piso banknotes was "in response to suggestions from the public to make it easier to distinguish from the 1000 Piso banknote".

"Compared with the current color of the 100 Piso banknote in circulation, the new 100 Piso banknote will have stronger violet color on the obverse and reverse sides", BSP said, even as all other features of the 100 Piso bill will stay the same.

BSP said it will henceforth print only the new 100 Piso banknotes with stronger color, but the public can still use and businesses must continue to accept the New Generation Currency 100 Piso bills with fainter color.

Wednesday, January 27, 2016

Fake "gold" yuan banknotes were being sold as gifts for Lunar New Year

Chinese authorities have seized fake "gold" 100 yuan banknotes being sold as gifts for Lunar New Year, according to a newspaper report.

The fake banknotes, made of plastic, were seized from at least four jewellery stores in Shenzhen, the Southern Metropolis Daily reported. The bogus bills were discovered during a spot check by local government officials on Tuesday. The report did not say how much was seized.

The notes, which were being advertised as gifts for the Lunar New Year, came with documents certifying that the bills had the government’s stamp of quality approval and that their gold content was of extremely high purity of 999 parts per 1,000. But a close check showed that they were in fact made of polyurethane plastic.

Sunday, January 24, 2016

Norway unveils proposed designs for the new banknote series

Norway's central bank, Norges Bank, unveils proposed designs for the new banknote series based on the results of a banknote competition. The theme of the new series will be "The Sea". The 100-krone and 200-krone notes will be launched first. These two denominations will be put into circulation at the earliest in the second quarter of 2017. The 50-krone and 500-krone notes will follow at the earliest one year later. The 1000-krone note will be issued last and is scheduled to be in circulation by the end of 2019.

The fronts of the notes are based on the proposal from The Metric System and Terje Tønnessen. The backs of the notes are based on the pixel motifs submitted by Snøhetta Design. The final designs may deviate somewhat from those shown below.

On the front of each note is a signal flag from the maritime alphabet. The flags represent the letters N, O, R, G and E, spelling out NORGE but not in order by denomination.

The cubic patterns on the back side represent pixels and mosaics. The patterns depict the coast, the horizon and the motif. The organic pattern is an abstraction of the sea. Both the cubic and organic patterns follow the Beaufort scale as an expression of wind speed. This affects the waves in the sea. On the lowest denomination note, the wind is light, and there are short cubic forms and long, gentle waves in the organic pattern. On the highest denomination note, the wind is strong and creates elongated rectangular forms and short waves.

Motif: Utvær Lighthouse in Sogn og Fjordane, Norway's westernmost point. Signal flag: Letter R.

Pixel motif on the horizon: Lighthouse on the horizon. Cubic pattern: 1.6 metres per second (m/s). Organic pattern: Light breeze, gentle waves.

Motif: The Gokstad ship from the 800s, with the Norwegian-designed X-Bow hull developed by Ulstein Design & Solutions AS in the background. Signal flag: Letter O.

Pixel motif on the horizon: Cargo ship. Cubic pattern: 3.4 m/s. Organic pattern: Gentle breeze. Crests begin to break.

Motif: Cod and herring. The background drawing shows mesh from a fishing net. Signal flag: Letter N.

Pixel motif on the horizon: Fishing boat. Cubic pattern: 8 m/s. Organic pattern: Fresh breeze. Wave heights of 1 m or more.

Motif: Rescue craft designed and built by Colin Archer. Signal flag: Letter G.

Pixel motif on the horizon: Oil platform. Cubic pattern: 13.9 m/s. Organic pattern: High wind. Sea heaps up, white foam from breaking waves.

Motif: Wave in the sea. Signal flag: Letter E.

Pixel motif: Horizon. Cubic pattern: 20.8 m/s. Organic pattern: Strong gale. High waves. Dense foam is blown along wind direction.

Saturday, January 23, 2016

Scotland Clydesdale Bank to issue 10 pound polymer notes featuring Burns

Scotland Clydesdale Bank to issue 10 pound polymer notes in 2017. The note features Robert Burns, the Scottish poet, on the front and views of Edinburgh and its castle on the reverse.

Saturday, January 16, 2016

Argentina unveils new 200 and 500 peso notes

The Central Bank of Argentina will introduce a new series of 20, 50, 100, 200, 500 and 1000 peso banknote. The 200 and 500 Peso notes will be issued in mid-2016, followed by the others in 2017. The new series features Argentine wildlife on the front and the habitat they live in at the back.

20 Pesos - Front: Guanaco Back: Patagonian Steppe
50 Pesos - Front: Condor Back: Andean Region
100 Pesos - Front: Taruca Back: Northwest Region
200 Pesos - Front: Whale Back: Argentine Sea
500 Pesos - Front: Jaguar Back: Northeast Region
1000 Pesos - Front: Hornero Back: Central Region