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 Wednesday, May 09, 2007
High (Face) Value Bank Notes
Posted by george
Last week the Canadian Mint unveiled their 22-inch pure gold coin with a face value of one million dollars (Canadian, of course), which they sell for about three million (Canadian). They have already nearly ten orders for it in just the first week. That follows by a year the Austrian Mint’s introduction of a gold 100,000 euro coin.
So I’ve been wondering what current high value bank notes are out there for the public. (Not counting inflationary issues).
The winner happens to be Thailand. In 2000, the Royal Bank of Thailand commemorated the King's 50th Wedding Anniversary with a 500,000 Baht face value note to raise money for the King’s Charities. The note features profile portraits of the King and Queen. The size is impressive too, at 126 x 205 mm. Only 1998 pieces were issued. I was unable to secure an immage from the Royal Bank, sorry. For those who did not wish to participate in the nearly $20,000 dollar price tag (The note was sold above face value) the same design was made in a 50 Baht denomination, which comes in a very handsome discriptive folder.
For now…
George Čuhaj
Currency Notes
5/9/2007 11:47:31 AM (Eastern Daylight Time, UTC-04:00) 
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Tuesday, May 01, 2007
New Bills or Old Bills
Posted by george
Who is responsible for the currency in use?
Well, if you listen to the banks, we are. If you request $2.00 bills, then the banks will order them, and you will get to use them, (along side your one dollar coins.)
If you request paper dollars, well then, the banks will give you those. If you request dollar coins, then you should get those.
So, do you bother to request NEW paper bills, or do you just take what they give you?
For now…
George Čuhaj
Currency Notes
5/1/2007 4:57:32 PM (Eastern Daylight Time, UTC-04:00)
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Tuesday, April 24, 2007
George Washington Dollars - Which one?
Posted by george
Since mid-February we have had the opportunity to use our third incarnation of a circulating small size dollar coin since 1978.
The three standard problems with the Susan B. Anthony were the similar color and reeding to the quarter, and the continued distribution of the paper dollar. The 1999 Sacagewa fixed the color and reeding part with its golden tone and smooth edge, but the distribution of the paper dollar continued. Now we will be faced with issues of four presidents a year, plus a continued minting of the Sacagewa for the next twelve years. But wait, why are there no dollar coins in our pocket, because we are still using the familiar paper money.
So, what will make the success of the dollar coin a reality is the withdrawal of the paper dollar, the re-introduction of the $2.00 bill as the low denomination workhorse of America’s currency system, and extended use of the five dollar bill.
No, you are not going to be carrying around ten “heavy” one dollar coins, you’ll be carrying around just one or two, and having a stock of $2 and $5s paper in your wallet.
Get used to it.
George Cuhaj
Currency Notes
World Coin Stuff
4/24/2007 12:07:47 PM (Eastern Daylight Time, UTC-04:00)
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