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May 2011 Postings

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 May 28, 2011 - New Zealand $10 ND2007. Three notes were printed for the year 2007. Apart from the $10 polymer note, I have also uploaded the $50 note. The missing note that I do not have is the $5 note, which I hope to get one soon. New Zealand has fully converted to polymer notes since 1999.

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May 24, 2011 - Malaysia RM1 no date. The Letters prefix on this note is measuring at 3cm in height as compared to 2.5cm on previous issues. Obviously the width on the letter prefix on this note is also slightly wider too. The central bank of Malaysia has released information that new series of banknotes (fourth series) will be released early 2012. This is great news to all collectors.

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May 19, 2011 - Mauritania 100 Ouguiya dated 28.11.2008. This is a hybrid note which has the same design as those previously issued. This note is manufactured in such a way that the inner core of the substrate is the traditional cotton fibre-base construction and is protected with a thin film, laminated to both sides. And because of this, it has a glossy look as compared to previous issues.

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May 14, 2011 - Singapore $10. This is a Singapore polymer $10 note. As compared to previous similar issues, this note has a tiny little triangle added to the back of the note, just underneath the word "Sports". I am not sure when it was released, but I only got this note recently. And this note is now been replaced by another one with two triangles. This note has the signature of Goh Chok Tong, a former Prime Minister of Singapore and is also a Senior Minister in the Singapore ruling party, the People's Action Party (PAP).

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May 8, 2011 - Bhutan 2006 series. Back in 2008, I acquired 3 Ngultrum 2006 series notes all low denominations. I have now acquired the remaining of the notes for this series. I thought I better get them now. It is always better to have notes in full set than not. At least it looks nice in complete set too. These are fairly common notes, and easy to find too, and therefore if you haven't got any right now, don't worry. Plenty out there for you to buy.

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May 7, 2011 - Belarus 20,000 rouble. This note was issued on 1.12.2010 to commemorate the 20th Anniversary of the National Bank of the Republic of Belarus. The central bank was first established in 1922 but was not active nor independence until the break up of the Soviet Union empire in 1990. Three thousand of these folders were issued at a price of 30,000 rouble each. It seems that Belarus has a habit of releasing commemorative note in small quantity.

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May 3, 2011 - This is a Barbados $5 commemorative note printed in 2002 to commemorate the 30th anniversary of the Central Bank of Barbados. The design of this note is the same as those printed in 2000 (P61), except that it has the commemorative text printed on the left and the number "30" overprinted in the center of the note. The reverse on the note is the same as those issued in 2000. The note has the signature of Dr Mario Williams, who was then the Governor of the Central Bank. I believe this note is not listed on the current SCWPM edition. To me, this is a very nice note and the gold foil numeral number of "30" is very eye catching too. This note was issued together with a card type folder. I hope you like viewing this note as I like it very much. Latest update: It has been reported that only 1000 commemorative folders were issued!

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May 2, 2011 - A complete set of the Philippines notes released in late 2010 and early 2011, from 20 to 1000 Piso. Each note is printed with the outline map of the Philippines on the reverse. A rather nice set of notes in my opinion. This new series of banknotes comprises of 6 denominations ranging from 20, 50, 100, 200, 500 to 1000 Piso, and out of the 6 notes, two notes are dedicated to the UNESCO World Heritage site - namely the 20 Piso (Banaue Rice Terraces) and the 1000 Piso (Tubbataha Reefs National Park). I am wondering if these two notes can be considered as commemorative issues? Anyone? In my opinion, this set is worth collecting.

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May 1, 2011 - This is the one and only Olympic banknote issued by China to commemorate the 2008 29th Olympiad held in Beijing between 8.8.2008 to 24.8.2008. This commemorative note was issued on the 8.7.2008 at face value and sold out within hours of its released. Customers were restricted to one note each over the counter at first come first serve basis. Given such a large Chinese population, this was expected as limited quantity (only 6.0m pieces) were printed on such a low value note. I am not sure why the 10 Yuan value was selected or why only 6.0 million pieces were printed. It doesn't make sense to me. If the Chinese government wanted all their citizens to have one as souvenir, then they should have printed more. If they wanted this to be exclusively for the very few, then perhaps a face value of say 5,000 or 10,000 Yuan note would be more appropriate. However, despite saying this, there are collectors/dealers hoarded the above note by the bundles, despite the official restriction. In view of the high demand on this note, the note was resold at US$99 each on OnLine Auction house, almost the very same day it was released. Whilst there are no shortage in supplying this note, the current asking price is now well over the $500+ mark. As long as Chinese economy is good, I do not expect the price for this note will come down, especially if the original cost was at face value. Apart from China, the Bank of China both in Hong Kong and Macau also issued a note each to commemorate this special occasion.

1 comment:

whycollect said...

Hi paperbanknotes,
Probably the same principle that the Chinese have applied to the silver and gold panda coins.
Issuing a number which is not too large and neither is too small, so that if those who wanted to get them, some will succeed but not all will.
Cheers :)