Planned to coincide with the introduction of its new £5 note, the Bank of England Museum opened its refurbished Banknote Gallery on Sept. 7. The Bank of England was established in 1694 and the bank says the exhibit is intended to trace this long history, from primitive paper receipts all the way to the polymer notes of today.
The week of Coinex, the international coin show in London organized by the British Numismatic Trade Association, will include a 790-lot auction of world paper money by Dix Noonan Webb on Oct. 3. The DNW auction is almost equally divided between notes of Britain, Scotland, and Ireland, and those from the rest of the world.
The Jakarta Post reported on Sept. 14 that Indonesia’s president, Joko Widodo, has decided that the country’s new currency being issued later this year will bear the portraits of 12 Indonesians who have been officially designated “National Heroes” by the government.
The National Bank of Ukraine issued a 20-hryvnia commemorative bank note on Sept. 1 in honor of the 160th anniversary of the birth of writer and poet Ivan Franko.
The fall auction season was off to a strong start at the Sept. 8 Heritage Currency sale in Long Beach, Calif. It marked a return to normalcy in that, with the exception of small-size high-denomination notes, the biggest prices were all for large-size issues.
It’s been 40 years since an unprecedented flood of Federal Reserve note errors began pouring into circulation. The errors showed overprinted elements — green serial numbers and Treasury shield, and black Federal Reserve seal and numbers — upside down. First reports of the inverted overprint errors came in late October 1976 when Philadelphia professional...
A stunning story of a highly classified Cold War currency intended for use should that war become hot was broken by The Guardian on Aug. 19. The top-secret notes were given the code name “E-17” and were printed by the Warsaw Pact for use in captured NATO countries potentially including Germany, Denmark and the Netherlands.
Innovia Films operates a plant in Wigton in England where polymer substrate is produced for use in Bank of England notes and the notes of several other nations’ central banks.
When it came time to produce notes, without asking too many questions, for customers that “weren’t quite right," Waterman L. Ormsby, who was a talented engraver and inventor, always tended to be close by.
A $1 Series 1880 United States note sold for $15,000, or about 100 times what would normally be expected, not because the note is rare but because of the link it has to the first electrical power bill in 1883.