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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 February 2011

Laos - 2010 Commemorative 450th Year of Vientiane

One Hundred Thousand Kip, Dated 2010 PNL
Commemorating 450th Year of Vientiane Capital 15.11.1560 to 15.11.2010Reverse
The above note celebrating 450th year of the nation's capital Vientiane, 15.11.1560 to 15.11.2010 and also 35th Anniversary of National day.The note has the statue of Chao Xaysettha, the founder of Vientiane. Accordingly, this note was also released on 15.11.2010 to celebrate this special occasion. According to official press release, this note was not meant for circulation fearing that such a high denomination note may let to high inflation in the country. It was reported that only 1.5M pieces printed for this note.

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