Bank Note facts
While investigating facts about Banknotes and Bank Note Press Dewas, I found out little known, but curios details like:
There is 2.5 million of Zero Rupee bank notes in India. They are "paid" in protest by angry citizens to government functionaries who solicit bribes
how bank notes are made?
A man robbed $1 from a bank so he could be sent to prison and receive medical care. He handed a teller a note demanding a dollar, then waited calmly on a sofa for police to arrive.
What bank notes are out of circulation?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what bank notes are changing. Here are 50 of the best facts about Banknote World and Banknotenews I managed to collect.
what bank notes are going out of circulation?
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In Australia, torn bank notes are worth the proportion of the note left. Half a $20 note is worth $10
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Immediately after Pearl Harbor the US treasury issued specialized 'over print' bank notes for the Hawaiian market. In the case of an invasion all the seized cash would be rendered worthless.
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The Canadian $1,000 bill was retired on May 12, 2000, for being mostly used in criminal transactions, any $1,000 note deposited at a bank is destroyed, although the bills — nicknamed “pinkies” by gangsters because of the pinkish-purple ink — remain legal tender.
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Two Canadian schoolboys hacked into an ATM using a manual found online. It took them so long to convince the bank they were serious, they were late back to school. So the bank wrote them a note.
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The largest bank heist in history was $920 Million. Qusay Hussein walked into the Central Bank of Iraq with a handwritten note signed by his father Saddam Hussein, and was hauled out in 3 semi-trucks.
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A retired man from Kansas robbed a bank in 2017 but stuck around until the police showed up. He left a note to his wife saying he'd rather be in jail that at home with her. He was sentenced to house arrest.
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In November 2002 the actor Don Johnson was stopped while trying to enter Germany. In his trunk was a briefcase with bank notes and other securities worth $8 Billion USD. When asked what he was doing, Johnson said he was going to the Mercedes factory to look at a car.
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The 1865 $20 US national bank note had an image Pocahontas on it.
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Despite billions of pounds worth with being printed and used every year, there is no legal tender paper money in Scotland, even Scottish bank notes are not legal tender in Scotland
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Hyperinflation in Zimbabwe got so bad, and the currency was worth so little that the Reserve Bank of Zimbabwe issued bank notes with values as high as One Hundred Trillion Zimbabwean Dollars.
Why are bank notes made from?
You can easily fact check banknote by examining the linked well-known sources.
The most valuable bank note still being put into circulation is the 10,000 Bruneian Dollar bill, which is approximately 7,340 US Dollars
A £1,000,000 and £100,000,000 banknote exists from the Bank of England. Whilst offically non-circulating, the notes were traded between banks which led to a robbery in 1990, where £292 million were stolen. 2 of the £1,000,000 notes are still unfound. - source
The £1,000,000 and £100,000,000 pound notes, they are used only internally within the Bank of England and are never seen in circulation. - source
In Northern Ireland, the Danish bank Danske Bank prints £ pound sterling notes with its corporate logo on them. This is because certain banks in Scotland and Northern Ireland are allowed to print their own bank notes - source
When is bank of england 20 pound notes discontinued?
The European Union released a zero euro bank note for pure collective purposes. The bill itself has no value as it’s denomination states. However, it is printed on genuine currency paper and has many of the same security features present in the other euro bank notes.
How to spot a fake clydesdale bank note?
United States currency is not backed by gold or any other commodity. Under the Federal Reserve Act, Congress specified that Federal Reserve Banks must hold collateral equal in value to the notes in circulation. That collateral is government-sponsored enterprise securities.
The European Central Bank decided to print fictional bridges on the Euro notes, to avoid favoring particular member states. A developer in the Netherlands built all of the bridges printed on the notes.
While many Canadians claim that the newer bank notes smell of maple, the Bank of Canada denies ever having added a fragrance.
The bank notes in Israel have braille on them, enabling the blind to identify their money properly.
There used to be legal $500, $1000, $10,000, and $100,000 bank notes (bills) printed in United States.