The Times of India says that a tech specialist in Bangalore has solved the filthy money problem. Rejani Krishnankutty, a medical nanotechnology worker, will discuss with the Indian government a proposal to put a “microbiocidal silver nanoparticle coating” on bank notes to disinfect them.
Numismatics, the study of money, takes on an entirely new dimension in a recent article in Scientific American by Dina Fine Maron. Money, she discovered, is disgustingly filthy.
Numerous examples of notes show criminally minded individuals played loose and free with bank names in an attempt to defraud the careless. However, sometimes it all worked out for the best. Take, for example, State Bank of Indiana and the Bank of the State of Indiana.
Two countries recently announced bank notes that will be made as a tribute to future sporting events. Russia will celebrate the 2018 World Cup and South Korea will mark the Winter Olympics the same year on new notes.
The designs of the $2 and $5 bond notes announced by the Reserve Bank of Zimbabwe late last year have been revealed. The purpose of the new notes is to ease the country’s currency crisis after years of hyperinflation caused it to scrap the Zimbabwean dollar.
The Christmas season is over, but its memories linger. One of the holiday’s most enduring components is Santa Claus. While you won’t find Mr. Claus on any modern notes, a surprising number of obsolete notes depict him, ranging from the familiar to the downright creepy. But why would banks use his image in the first place?
The Saudi Arabian Monetary Authority released the nation’s sixth series of bank notes, consisting of 5-, 10-, 50-, 100-, and 500-riyal issues, on Dec. 26. These are the first issues in the name of the Saudi Arabian Monetary Authority. It recently changed its name from Saudi Arabian Monetary Agency.
The Shield 5-cent coin, a coin largely overlooked by today’s collectors, was a huge success, U.S. Mint Director James A. Pollock said in his Annual Report for 1866. Pollock wrote in his Sept. 18 report, “The demand for the small coin, both bronze and nickel, was very great during the year, and the coinage was regulated to meet the demand. They were distributed to all...
India’s horrible November experience with a paper currency withdrawal provided no wisdom to the bureaucrats of Venezuela, who by all indications, have made their Indian counterparts look good by comparison. Venezuela’s recall and demonetization of its near-worthless 100-bolivar notes, worth 2 cents on the black market, has been a disaster.
One of the biggest hobby stories of 2016 made headlines in the mainstream media for weeks. Treasury Secretary Jacob Lew, pressured by a massive and long-running social media effort by Women on 20s and others, ordered that abolitionist Harriet Tubman be depicted on the next generation of $20 Federal Reserve note.