Shortly after the Nov. 8 presidential election, some unsubstantiated speculation made the rounds questioning whether the upcoming Trump administration would renege on the plans for redesigning U.S. paper money.
The Bank of Norway has completed the design of its new bank note series, and the first two denominations, 100- and 200-krone notes, will be released on May 30, 2017. The faces all have a theme evoking Norway’s maritime industry.
From time to time, Coin World receives inquiries from readers and other collectors about the appearance in circulation of $1 Federal Reserve notes bearing a stamped message in red ink referencing WheresGeorge.com.
$30 million in counterfeit notes seized, several 2016 Mint products still on the way: Week’s Most Read
Also this week, readers enjoyed posts about the price of gold's major tumble in November, and a medal that was bought for less than $100 and turned out to be worth thousands.
Planned changes to existing Federal Reserve notes remain on track, according to the director of the Bureau of Engraving and Printing, with the new $10 note scheduled for release in 2020 on the centennial anniversary of woman suffrage.
The BEP placed a temporary “quality hold” on $2 Federal Reserve notes because they exhibited what the bureau calls increased “soiling.”
As has been reported in various media outlets on a consistent basis, Peru has been known for several years as the counterfeiting capital of the world. The U.S. Secret Service and Peruvian authorities on Nov. 15 made the largest seizure of counterfeit currency in Secret Service history.
Art’s name is familiar to readers of our monthly issue, as our paper money market analyst. He is also a major force in the world coins field, as editor of two major references. In June 2001, he was elected president of the International Association of Professional Numismatists, the first American in that post.
The news that India’s 500- and 1,000-rupee bank notes were suddenly withdrawn from circulation overnight on Nov. 8 hit the nation like a bombshell. The unprecedented action was directed at a cash market that the New York Times said constitutes up to 35 percent of gross domestic product and was used for both bribery and tax evasion.
It is very human to see things that are not there. That’s why we see fantastic animals in the shapes of clouds or imagine a person’s face in the rocks on Earth’s moon or in a rock formation on our own planet. It’s also why we turn an American eagle into a jackass and Queen Elizabeth II’s hair into a devil’s face on paper money of the United States and Canada.