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Total commemorative banknotes issued is under 1,500 pieces. If you have achieved any figures close to this, then you are doing extremely well, as many of the older commemorative notes are hard to find even in poor conditions.

Opinion: Many collectors of commemorative banknotes would have come across with those Somaliland sets overprinted with gold and silver texts with the following wordings - 5th Anniversary of Independence 18 May 1996 [Sanad Gurade 5ee Gobanimadda 18 May 1996]. I believe these are "home made" (or fake) and not authorised by the central bank. My argument is simple. No central bank would have issued an overprint commemorative banknote that the texts are so large that it would cover the two signatures on the note as well as part of the serial numbers. Even if these are genuine notes, then these could be issued as souvenir sheets and not as legal tender. As I said before, this is my opinion. If you have paid top dollars for these, please think about my argument. There is always a sucker around the corner, including me of course!

All comments are most welcome but it has to be subjects related to banknotes or banknotes collection. If not, it will not be approved. Thanks

14 September 2005

Bulgaria - 20 Leva 2005 120th Years of Issuing Banknotes

Twenty Leva
Commemorating 120th Years of Issuing Banknotes Brief Description
Governor – Ivan Ivan Iskrov
Chief Cashier - Stefan Tzvetkov
Dimensions – 134mm x 74mm
Prefix number serial - AA/0
Paper - Toned in pale violet
Date issue - 2005, year printed on note "1885-2005"
Printer - Giesecke & Devriant (G&D)

Obverse - Symbolic elements of the Bulgaria National Bank: stylised elements from the BNB building, the BNB emblem, and other multi-coloured background nets of appropriate structures, vignettes, rosettes, analogous to the banknotes of the first BNB issues. The note has a watermark of a halftone image of a rampant lion.This note has a watermark of a falcon's head.
The security features of this note are: -
1) Security element “Varifeye®” - in the form of a window in the paper, through which the numerals “20” can be seen when the banknote is on a white pad, and on a black pad – diagonal lines;
2) Holographic image of the numeral “20” which pulsates in various colours when the banknote is tilted;
3) The emblem of the Bulgarian National Bank with a holographic effect;
4) Security thread – a band built in the paper, with a negative mini-text “bHb 20”, which partially comes out on the back of the note and changes its colour from violet to green;
5) See-through register – when the note is held up to the light, the image of the numeral “20” is formed in a rectangular chessboard field;
6) Optical variable ink (OVI) – when the sight angle is changed, the numeral “20” in the lower right corner of the note front changes its colour from violet to green.

Reverse - A replica of the first Bulgarian banknote of BGN 20, issue 1885, the old BNB building, the sculpture image of a seated woman used for the banknotes of BGN 1 and 2, issue 1920, and the coat of arms of the Principality of Bulgaria. Note designed by Kiril Gogov. Quantity: Only 250,000 pieces issued.

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