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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

25 December 2014

Israel - 50 New Sheqalim Commemorative 1998

Fifty New Sheqalim
Dated 1998, P58
50 New Sheqalim (P58) commemorating the 50th Anniversary of the formation of the State of Israel. The State of Israel was founded on 14.05.1948. The declaration of the State of Israel was proclaimed by David Ben-Guion (1886-1973), whom he also later served as the first Prime Minister of the newly founded nation. The note used for this commemorative is the same as those previous 1985 issued except that the serial number is in 5 digits and is printed vertically on the front close to the left hand side edge, whilst previous issues have the serial numbers printed on the reverse side of the note.

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