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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

06 December 2013

Lebanon - 50,000 Livres Polymer Commemorative 2013

 Fifty Thousand Livres
Dated 2013, P96r
Lebanon 50,000 Livres (LL) Polymer Commemorative. This is Lebanon first polymer note issued on 22.11.2013 to celebrate the country's 70th year of independence from the French. Lebanon declared its independence in 1943 whilst the French were still under Nazi occupation. The design of this note, with one side is in Arabic and the other side is in French. To the locals, this note raised a fair bit of controversial including the design of the note. By examining the note on hand, I can understand how the locals felt. Some locals even said that the note looks more like a 70 Livres than a 50,000 Livres value. In addition to this, it also has a spelling error with the text where the word 'Independence'' is spelled in English rather than in French (Independance). Despite the minor error, but still significant to the locals, the central bank decided to release the note for this special occasion celebration. This is a limited edition issue of 50,000 notes, with two prefixes printed ie normal D/00 and replacement prefix of D/99. It appears that all notes have been sold out on the day of release. It is believed that the bulk of these notes will ended up in collector hands as collectable souvenir.

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