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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

01 October 2015

The Maldives - 5000 Rufiyaa Independence Commemorative Polymer

Five Thousand Rufiyaa (Polymer)
Dated 2015
Front Folder
This is a new Commemorative denomination of 5000 Rufiyaa released on the 26.07.2015, celebrating the country's 50th Year of Independence from the British. This note is also called the "Minivan" note, a Dhivehi/Maldivian word, meaning Independence. The printing and release of this new banknote was first announced by the security printing firm, De La Rue on 12.05.2015. This note is printed on Safeguard Polymer substrate by DLR. The design for this note was opened to the locals, and won by Abdullah Nashaath. The country Maldives is comprises of a chain of 26 atolls and is situated south of India. Maldives is the smallest Asian nation in both population (395,000+/-) and land area (298 km2). The country became a British protectorate on 16.12.1887 and was granted independence on 26.07.1965. In 1968 the country became a republic. Total quantity printed for this note is not cleared but only 3000 singles are released in a folder with an issue price of 7,500 Rufiyaa (US$490+/-) each. The note with serial number MF026765 (independence day) was presented to Mr Abdu Saththaar Moosa Didi who was involved in gaining independence from the British. The other note with serial number MF026715 (50th Anniversary) was presented to the country's President Abdulla Yameen Abdul Gayyoom.

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