Circulating Commemorative Banknotes

24 posts • viewed 302 times

» Quick access to the last post


This the new circulating commemorative 50 taka banknote of Bangladesh. But https://en.numista.com/catalogue/note283221.html this page says its a commemorative banknote. I tried to modify but couldn't find "circulating commemorative" in type. There is "circulating commemorative coin" type for coins. Then why there is no "circulating commemorative banknote" type?
Sakib Rayhan
The problem with banknotes is that most of them commemorate something be it persons or events etc.
To me a circulating commemorative note is just a normal note.
Quote: "Idolenz"​The problem with banknotes is that most of them commemorate something be it persons or events etc.
​To me a circulating commemorative note is just a normal note.
​I don't agree here. Just because a banknote has a person on them, it doesn't mean it commemorate the person's birthday, death, prize awards or first hole in one. Then all coins with the head of states on them are commemorating coins as well.
Coin referee for: AZE, FRO, GRL, US-HI, KOR, KGZ, MLI, MHL, MMR, PRK, UZB, SML, TAT, TWN, TJK
Banknote referee for: AGO, AZE, BLR, ECS, GEO, HTI, KAZ, KGZ, KOR, MNG, MRT, PMR, PRK, ROK, SWE, TJK, TKM, TUR, UZB, WSM, ZWE
If the category exists for coins it should exist for banknotes....
In my opinion if the note was printed for one year and has a some kind of event on it then it should be classed as a commemorative note. If the note has been printed for more than a year it should be classed as a standard note although there is exemptions for that.


Btw for that Bangladesh note I was originally going to add that note but because I don’t understand Bengali I left it for member who can understand that language.
Hi to whoever is reading this. Did you know that TYPEWRITER (on a QWERTY keyboard) is the longest word you can type using only the letters on one row of the keyboard.
Quote: "peterjhalford"​If the category exists for coins it should exist for banknotes....
​I agree
Sakib Rayhan
Quote: "Worldwide collection"​In my opinion if the note was printed for one year and has a some kind of event on it then it should be classed as a commemorative note. If the note has been printed for more than a year it should be classed as a standard note although there is exemptions for that.


​Btw for that Bangladesh note I was originally going to add that note but because I don’t understand Bengali I left it for member who can understand that language.
​Then how do we definition "Circulating Commemorative Coins"?
Sakib Rayhan

here you can seed the logo of golden jubilee celebration of Bangladesh

and here it says BOUND TO PAY IT'S BARER 50 TAKA.
So that means it's commemorating an event and can be use to make any kind of payment.
Sakib Rayhan
Quote: "Sakib Rayhan"
Quote: "Worldwide collection"​In my opinion if the note was printed for one year and has a some kind of event on it then it should be classed as a commemorative note. If the note has been printed for more than a year it should be classed as a standard note although there is exemptions for that.
​​
​​
​​Btw for that Bangladesh note I was originally going to add that note but because I don’t understand Bengali I left it for member who can understand that language.
​​Then how do we definition "Circulating Commemorative Coins"?
​Instead of me waffling here is a article on Wikipedia that can solve that question.

https://en.m.wikipedia.org/wiki/Commemorative_coin
Hi to whoever is reading this. Did you know that TYPEWRITER (on a QWERTY keyboard) is the longest word you can type using only the letters on one row of the keyboard.
From that wikipedia article , "Circulating commemoratives are intended to be used for commerce, but the design will only be issued for a limited time, is intended to draw some attention to a specific event or person. Examples include the €2 commemorative coins, or U.S. 50 State Quarters."
I think there are banknotes with same characteristics. Such as this note can be use for commerce and this design is only being issued for this year.
my opinion is there should be "circulating commemorative" category for banknotes too.
There are a number of banknotes of Turkmenistan that have same characteristics.
Sakib Rayhan
Once an administrator sees this they might move it to the numista website forum as this relates to a function within the website. Can't see any arguments for it not being accepted.
If a Bank Note is used as a Standard Currency Note and Goods or Servais can be Paid with it its a Standard 1/2 Year and so on Note if it cannot be used to Purchase anything it could be called a Commemorative Note if it Commemorates a person an event or some other Reason.
This one is a Circulating Currency Note.
Quote: "Ian P"​If a Bank Note is used as a Standard Currency Note and Goods or Servais can be Paid with it its a Standard 1/2 Year and so on Note if it cannot be used to Purchase anything it could be called a Commemorative Note if it Commemorates a person an event or some other Reason.
​This one is a Circulating Currency Note.
​This note commemorates the 50 years of independence of Bangladesh
Sakib Rayhan
I do not think the problem here is Standard note versus Commemorative note--I see a clear divide between these two types.

I think the problem here is Circulating commemorative note versus Non-circulating commemorative note, with the problem being: is there actually an example of a non-circulating commemorative note?

I used to think there was, under Ukraine; however, a member gave a strong argument to move those particular notes to Exonumia (and my request to move them is currently pending).

If there is no such thing as a non-circulating commemorative note, that means the type 'Commemorative note' applies only to the circulating commemorative notes, meaning this type is correct for the note in question. But if there is such thing as a non-circulating commemorative note, I think a change in terms would make sense.
I am told this note was never used for commercial purposes out of respect for the King.
A circulating commemorative that was non-circulating!
60 Baht 1987
Quote: "Sulfur" is there actually an example of a non-circulating commemorative note?


Sure:
https://en.numista.com/catalogue/note201767.html
https://en.numista.com/catalogue/note201759.html
Quote: "stratocaster"
Quote: "Sulfur" is there actually an example of a non-circulating commemorative note?

​Sure:
https://en.numista.com/catalogue/note201767.html
https://en.numista.com/catalogue/note201759.html
​Here's another one:
https://en.numista.com/catalogue/note205229.html
Coin referee for: AZE, FRO, GRL, US-HI, KOR, KGZ, MLI, MHL, MMR, PRK, UZB, SML, TAT, TWN, TJK
Banknote referee for: AGO, AZE, BLR, ECS, GEO, HTI, KAZ, KGZ, KOR, MNG, MRT, PMR, PRK, ROK, SWE, TJK, TKM, TUR, UZB, WSM, ZWE
Seems reasonable to think that the 50 Taka 2021 Bangladesh banknote should be
Type - circulating commemorative banknote
There are a few non-circulating commemoratives out there. Here's another example from the Philippines (which have a few like a 5000 Pisos). You often see these listed -with a different code- latter or last under the nation's currency series- on SCWPM.
https://sites.google.com/view/notaphilycculture/collecting-banknotes
How does one identify that it is a non-circulating commemorative.
Quote: "stratocaster"Sure:
https://en.numista.com/catalogue/note201767.html
https://en.numista.com/catalogue/note201759.html
Quote: "ngdawa"​​​Here's another one:
https://en.numista.com/catalogue/note205229.html
Quote: "Serial_Number_8"Here's another example from the Philippines (which have a few like a 5000 Pisos).
​Very interesting!

With non-circulating commemorative notes definitely being out there, I think these are all good examples why would need a differenciation between circulating / non-circulating commemorative notes. :)
The difference between circulating and non-circulating note can be clearly seen in this two new issue of Bangladesh Bank.

both has the logo of the event [look at the red circle] (in this case the 50 anniversary of independence of Bangladesh). but one note reads "Bangladesh Bank is bound to pay its bearer 50 taka" (left one), that means its in circulation and another reads " Bangladesh Bank golden jubilee of the independence 1971-2021 50 taka commemorative note (not for transaction)" (right one), that means its not in circulation. [look at the red rectangle]. I got both this note form Bangladesh Bank taka museum commemorative banknote section.
N.B. All the lettering on the notes are in Bengali.
Sakib Rayhan
Quote: "Sakib Rayhan"​The difference between circulating and non-circulating note can be clearly seen in this two new issue of Bangladesh Bank.

​both has the logo of the event [look at the red circle] (in this case the 50 anniversary of independence of Bangladesh). but one note reads "Bangladesh Bank is bound to pay its bearer 50 taka" (left one), that means its in circulation and another reads " Bangladesh Bank golden jubilee of the independence 1971-2021 50 taka commemorative note (not for transaction)" (right one), that means its not in circulation. [look at the red rectangle]. I got both this note form Bangladesh Bank taka museum commemorative banknote section.
​N.B. All the lettering on the notes are in Bengali.
​Interesting, thanks
Quote: "BluHawk"​I am told this note was never used for commercial purposes out of respect for the King.
​A circulating commemorative that was non-circulating!
60 Baht 1987
​many of the "oversize" commemorative notes of Thailand are non circulating. Some are actually made for circulation however the Thai people snatch them up quickly and they never really circulate. Case in point. The 2 recent Rama X commemorative for coronation were both meant for circulation. I got 10 of the 100 baht and 2 of the 1000 baht (oversized) on the day of issue. In the first week my gf got a 100 baht in change and I got 2 slightly used ones from the bank. Since that time I have never seen either in circulation. I really wanted to spend some of the 1000 baht notes but they were gone by the end of the first day of issue. Sometimes it has nothing to do with respecting the king but more of Thai people saving anything they get with the king's picture.

» Forum policy

Used time zone is UTC+1:00.
Current time is 15:04.