c o m m e m o r a t i v e

there are approximately 1,466+/- pieces of Commemorative banknotes issued, excluding those repeats

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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 came 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 and not authourised by the central bank. My argument is simple. No central banks would have issued an overprint commemorative banknote that the texts are so large that it would covered 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 sheet 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!

14 February 2014

Fiji - 2,000 Dollars Millennium 2000 Y2K 1111

Two Thousand Dollars
Dated 2000, P103
Obverse: Portrait of the President of Fiji, the late Ratu Sir Kamisesse Mara (1920-2004, President of Fiji 1993-2000). Special serial numbers from Y2K 0001 to Y2K 2000;
Reverse: The sunrise of the millennium event and the 180 degrees Meridian Line running through the three locations in Fiji of Rabi, Udu Point and Taveuni;

If you collect the 2000 Millennium notes, then you will have to agree with me that this has to be the icing on the cake for all the Millennium banknotes issued. The release of this note (together with others) was first announced by the central bank on 22.09.1999. Fiji, back in the year 2000 was then the first country to see the new Millennium (now Samoa Western) and this note, together with the $2 note (1 million pieces printed), $5 Silver coin (mintage 10,000) and $50 gold coin (mintage 2,500) were specifically issued to celebrate this special occasion. The special about this Fiji $2000 note is that this is the highest face value of all the millennium notes issued. In fact, the value of this note is higher than all the face value of all other millennium notes issued combined. A total of 2000 pieces were issued for this denomination with serial number ranging from Y2K 0001 to Y2K 2000, and with such a low print, there is only one solid serial number note in this series. Obviously, you would agree with me is that the best note to have is either the first note or the last one for obvious reason. I have a feeling that these two notes are in the hand of VIPs in Fiji. In some countries, it's quite common that such notes are presented to VIPs as gifts or souvenirs, such as the Governor, President, Prime Minister etc. If you managed to get hold of such notes, then you are a very lucky person. In all, 16 countries/commercial banks had issued commemorative banknotes to celebrate the new Millennium. Most countries celebrating the millennium with one or two notes, however full sets were released by Belarus and Slovakia. In all, a total of 39 millennium notes issued. This Fiji $2000 is quite a large note measuring 110mm x 201mm.

It is unlikely that you will ever see this note in circulation in the country. This is the highest denomination ever printed, and the current largest denomination in circulation is the F$100, which was first introduced in 2007. In addition to this, most people in the country may not be even aware of the existence of such note either. This note was sold at a premium, and who wants to spend it at face value? However, my experience have told me that specially issued commemorative notes have been sighted in circulation conditions in the past and this could only due to ignorance or desperation or even on purpose (like taking revenge on not so loved one). Touch wood, not me!  

My friends, please note that I have discounted all other notes issued in the year 2000 as those were not specifically meant for Millennium commemorative. Despite printed with the year date 2000, these were only issued due to either by public demand or depletion of stock. Some were printed due to the uncertainty of the Y2K bugs, which may cause the shut down of the banking electronic systems. In 1999, Australia printed a large quantity of the $50 and $100 to counter the possibility of such attack which we all now know that this did not happened. These were the only 2 notes Australia printed in 1999 and none were printed in 2000.

View all other Millennium banknotes collected:-

1 comment:

  1. I have this note ($2000) with presentation case and would be interested in selling. parthenonhi@mail.com


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