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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

15 August 2021

...Macau, Banco Nacional Ultramarino - 10 Patacas Year of the Rat 2020

(Região Administrativa Especial de Macau da República Popular da China)
(Macau Special Administrative Region of the People's Republic of China)

(Banco Nacional Ultramarino)
Currency - Pataca (MOP)
This is the latest issue and the ninth note of the Chinese Zodiac series of banknotes of 10 patacas, first started in 2012 with the Year of the Dragon. In 2020, Chinese New Year was celebrated on 25.01.2020 and was the Year of the Rat. According to the Chinese Zodiac cycle, the Rat is the first animal listed on the 12 year cycle. According to the Chinese, those who were born in the Rat year are generally considered to be forthright, honest, easy to get along with, hard working, thrifty and generous too.
In addition to Banco Nacional Ultramarino (BNU), the Bank of China also released one for the same series. Only two commercial banks in Macau have the licenses to issue legal tender banknotes. BNU has been issuing banknotes in Macau since the beginning of the last century whilst the Bank of China first issued banknotes in 1995.
Like those previously issued Chinese Zodiac banknotes series issued, registration for the notes started on 22.03.2021 until 09.04.2021. The announcement for the release of these two notes was made on 12.03.2021. Only those who were residing in Macau can apply for the notes and each application is restricted to 25 pieces each per bank. The notes were released on 04.05.2021. Apart from the two issuing banks, the notes were also distributed via 7 other commercial banks in Macau. Closing date for the collection was on 23.07.2021.
Like those previously issued, the design on the front is the Rat Zodiac and also the Chinese Zodiac in Chinese with all 12 animals. The Chinese auspicious word 福 (Fu/Luck) is also printed on the top right-hand corner. On the back, it depicts the bank's main head office building in Macau with the image of the front entrance to the A-Ma temple (媽閣廟) together children celebrating the Chinese New Year and lighting firecrackers. On the left is the image of a Rat Zodiac in reverse. 
The A-Ma temple is a historical building and is a very famous temple in Macau. This temple was built in 1488 and is located in Sao Lourenco in the southwestern of the Macau peninsula. In 2005, it became one of the designated sites of the Historic Centre of Macau.
The design for this note is very much the same as those released by the Bank of China. The only differences are the bank's name and their respective brand logo, the Head Office building in Macau and the signature printed on the note. At a quick glance without looking at the name of the bank or brand, both notes look almost identical.  
Signature - the note is signed by two Administrative Council members but I do not know who they are.
Dimensions - 138mm x 69mm

Ten Patacas
Dated 2020, Year of the Rat
Banco Nacional Ultramarino Head Office building in Macau, A-Ma temple (媽閣廟) together children celebrating the Chinese New Year and lighting fire crackers. On the left is the image of a Rat Zodiac in reverse

Official announcement:
Online registration for the exchange of the Rat and Ox Zodiac banknotes and the 20th Anniversary of the Return to the Motherland of Macau banknotes commencing next Monday March 12th, 2021 The joint online registration for the exchange of the Rat and Ox Zodiac banknotes, together with the previously issued 20th Anniversary of the Return to the Motherland of Macau banknotes, will commence next Monday. The tentative exchange quantity for the Rat and Ox Zodiac banknotes of each Issuing Bank is 25 pieces, making a total of 100 pieces of the two types of Zodiac Banknotes from the two Issuing Banks. On the other hand, the tentative exchange quantity for the 20th Anniversary of the Return to the Motherland of Macao banknotes previously issued by each Issuing Bank is 3 pieces, making a total of 6 notes from the two Issuing Banks. Each Macao resident can only conduct a single registration for the exchange of the two types of Zodiac banknotes and the 20th Anniversary of the Return to the Motherland of Macau banknotes, with no provision for the separate exchange of any one type of note. Depending on the final number of registrants, the actual quantity to be exchanged may be adjusted and will be announced after the end of the registration period. Starting from 9:00am on 22 March 2021 and until 6:00pm on 9 April 2021, residents holding valid Macao identity cards can log onto the joint registration system of the two Issuing Banks via the website of Monetary Authority of Macao (https://www.amcm.gov.mo/static/banknotes/terms_pt.html) to conduct a one-time online registration. Apart from the two Issuing Banks - Bank of China Macau Branch (BOC) and Banco Nacional Ultramarino (BNU), residents can also select other exchange locations including the selected branches of Industrial and Commercial Bank of China (Macao) Limited, Tai Fung Bank Limited, OCBC Wing Hang Bank Limited, Luso International Banking Limited, Banco Comercial de Macao, China Construction Bank Macau Branch and China Guangfa Bank Macau Branch. While registrants should retain their registration records, they can also log onto the online registration system for inquiry of their confirmed registration details. The exchange period is between 4 May 2021 and 23 July 2021. Registrants should bring along their valid ID card and proceed in person to exchange for the notes at the chosen location on the selected day. In respect of the note exchange conducted by authorized representatives, the latter will need to bring along his/her original ID card and submit the following documents: 
1. Representative’s photocopy of ID card bearing his / her signature; 
2. Authorization form downloaded from AMCM’s website signed by the registrant; 
3. Registrant’s photocopy of Macao ID card bearing his / her signature. At designated branches of BOC and BNU, assistance will be provided to the elderly for the conduct of the online registration process. For enquiries, please call our hotline: 2856 5071 / 2856 5072, or browse our website (https://www.amcm.gov.mo/static/banknotes/terms_pt.html).
Lunar Chinese New Year 12-year full cycle

23 January 2012 to 9 February 2013 - Dragon
10 February 2013 to 30 January 2014 - Snake
31 January 2014 to 18 February 2015 - Horse
19 February 2015 to 07 February 2016 - Goat
08 February 2016 to 27 January 2017 - Monkey
28 January 2017 to 15 February 2018 - Rooster
16 January 2018 to 04 February 2019 - Dog
05 February 2019 to 24 January 2020 - Pig
25 January 2020 to 11 February 2021 - Rat
12 February 2021 to 31 January 2022 - Ox
01 February 2022 to 21 January 2023 - Tiger
22 January 2023 to 09 February 2024 - Rabbit


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