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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

09 February 2011

...China - 50 Yuan 1999 50th Year of Peoples' Republic 1949-1999

Fifty Yuan, Dated 1999 (20.9.1999) P891Reverse
Note celebrating the Peoples' Republic of China 1949-1999. The Peoples' Republic of China was established on 1.10.1949 following a long and bitter civil war in which the Chinese Communist Party defeated the Nationalist Government led by Generalissimo Chiang Kai-shek and forced them to retreat to Taiwan. 60 million notes issued.

4 comments:

  1. This note now very hot!
    Known to local collector as Mao Zedong sing karaoke.
    RM130.00 - RM150.00 a piece.

    ReplyDelete
  2. Wilson,

    I have this for many years now. This was given to me as a gift.

    ReplyDelete
  3. Mark,

    Credit to the designer. The scan was terrible.

    ReplyDelete