Paper Money

Nelson Mandela note images leak early online

Since the internet beat it to the punch, on June 14 the South African Reserve Bank released the designs of its first commemorative bank note series, celebrating the 100th birthday of Nelson Mandela.

The release of the designs was supposed to take place July 13, but test packs of the notes, issued to the cash industry for testing under what the bank called “strict confidentiality provisions,” found their way onto social media.

The faces of the 10-, 20-, 50-, 100-, and 200-rand notes are identical in size, color, and design to the regular ones now in circulation. All show a facing head of Mandela, who was also known to South Africans as Madiba, as he looked later in his life.

inside coin world 070918Inside Coin World: What causes these unusual errors? Coins struck by dual misaligned dies and coins with adjustment marks are among the subjects of our columns this week, found exclusively in the print and digital editions of Coin World.

A half-length image of a young Mandela in front of various scenes related to his legacy is on the back of the commemorative notes, replacing the “big five” animals of South Africa on the standard issues. The existing and commemorative notes will co-circulate and remain legal tender. They will be released on Mandela’s birthday, July 18.

A new commemorative 5-rand circulation coin is being issued as well (10 rands is equal to about 75 U.S. cents).

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