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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

11 November 2012

Hong Kong - Bank of China 2012 Commemorative 100th Year Anniversary

One Hundred Dollars
No Prefix
Dated 2012, PNL
AA Prefix
Dated 2012, PNL
AB Prefix
Dated 2012, PNL
"A Century of Glory and Global Services"
This note celebrates the bank 100 year of establishment (5.2.1912). The bank originally started in 1905 when the last Chinese Imperial government established Daqing Hubu Bank and in 1908 changed it's name to Daqing Bank. Following the establishment of the Republic of China, the bank was then renamed Bank of China by the Nationalist Kuomintang government. After the Chinese civil war ended in 1949, the bank split into two operations, with one part of it's operation shifted to Taiwan. The Taiwan operation later changed it's name in 1971 and merged with the Taiwan Bank of Communication. The mainland operation remains unchanged. BoC, by market capitalisation, is the 5th largest bank in the world. The bank operates in 27 countries and employed staffs in excess of 380,000 worldwide. The BoC (Hong Kong branch) commenced it's operation in 1917. The bank was forced to closed temporary during the Japanese occupation in 1941 and reopened in 1946 following the end of the war. In 1994, the BoC (HK) was granted the license in Hong Kong to issue banknotes in the territory.

Total notes issued = 2.0M
Single note = 1,100,000 (HK$150 each)
3 in one Uncut x 100,000 = 300,000 single notes (HK$600 each)
30 in one Uncut x 20,000 = 600,000 single notes (HK$6000 each)
Net profit generated from this issued will be donated to BoCHK Charitable Foundation and other charitable organisations of Hong Kong. In view of the issue price, this note is not intended for general circulation.

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