Wednesday, January 31, 2018

Two high denomination George VI notes from Fiji's colonial past were sold at a recent auction

 

Two high denomination George VI notes from Fiji's colonial past were sold at a recent Noble Numismatics auction in Sydney, Australia.

 

 

The £10 note, dated Jan. 1, 1942, is the first date for this series and is very rare. The note, graded VF, was sold for USD15,415 (AUD19,120).

The £20 note, dated Sept. 1, 1948, is not as rare as the 1942 £10 note. It came described as having "firm original paper" but with folds, creases, a 2mm slit under the lower serial number and minor tone spots. The note, graded F, was sold for USD10,601 (AUD13,145).

 

Sri Lanka issued a new 1000 Rupees banknote to mark the 70th Anniversary of Independence

 

The Central Bank of Sri Lanka issued a new 1000 Rupees banknote to mark the 70th Anniversary of Independence on April 2, 2018. This is the 4th commemorative note issued by the Central Bank.

The size, predominant color, the security features and the design on the back of this note are the same as that in the current 1000 Rupees. The design on the front has been modified as follows:

1. Celebrating Diversity logo appears at the lower left corner instead of the butterfly
2. Images of a Temple, Mosque, Tamil Kovil and a Church appears at the center instead of the image of Ramboda Tunnel
3. Prefix of the note appears as S70 instead of S.

 

 

A quantity of 5 million notes will be issued and the serial numbers range from S70/1 000001 – S70/5 1000000. The date on the note is 2018.02.04.

The commemorative note will be released for circulation from June 2, 2018.

 

Thursday, January 18, 2018

Ukraine issued a new 100 Karbovantsiv 2017 commemorative banknote

 

The National Bank of Ukraine has issued a new souvenir banknote to commemorate the 100th Anniversary of the Ukrainian Revolution of 1917 and the first Ukrainian banknote.

The note features a reproduction of the first Ukrainian note of 100 karvobanetz. It is sold at a premium to collectors, and is not intended for circulation. The note measures are 170 x 80 mm.

 

 

 

Saturday, January 13, 2018

Mauritania issues a new series of polymer banknotes

 

The Central Bank of Mauritania has issued its new Ouguiya currency, consisting of newly denominated banknotes that have dropped a zero from its value. The new polymer banknotes began circulating in Mauritania on January 1, 2018.

 

 

 

 

Monday, January 1, 2018

A pictorial presentation of $20 Trillion U.S. National Debt

 

The U. S. National debt in 2017 exceeds $20 trillion. Everybody knows a trillion is a large number. But few can actually visualized it. Here is a pictorial presentation. Notice the size of the woman sitting next to the pile of bills appears to shrink as the pile gets bigger.

 

1. A $100 bill

 

2. $10,000 in a bundle of $100 bills

 

3. $1 million in 100 bundles of $100 bills

 

4. $100 million in $100 bills on a pallet

 

5. $1 billion in $100 bills on 10 pallets

 

6. $1 trillion in $100 bills next to the White House

 

7. $20+ trillion in $100 bills