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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 July 2016

Vietnam - 100 Dong 2016 State Bank of Vietnam 65th Anniversary Commemorative (Not Legal Tender)

One Hundred Dong
Dated 2016
Reverse
A very nice commemorative note from Vietnam. This note was issued to celebrate the country central bank, the State Bank of Vietnam's 65th Anniversary (1951-2016). Unlike current circulating polymer banknotes, this note is printed on cotton based paper material. The value of this note is insignificant and the official issue price is 200 times above it's face value (20,000 Dong each). However this note is not meant for circulation but more of a souvenir item as it printed with the following words on the back of the note - Tien Luú Niem or souvenir money. Even if the note is legal tender, it is unlikely that it will be placed into circulation due to the premium on the face value. This note is also issued in a folder at a price of 25,000 Dong each, which is just over a US dollar. Like few countries around the world, banknotes issued by the State Bank of Vietnam do not normally have any signature on it. However as for this commemorative note, it bears the signature of the Governor Nguyen Van Binh and his name is actually printed on the note as well. On 9.4.2016, the bank also announced that appointment of Le Minh Hung as the new Bank Governor to replace Nguyen Van Binh. The official release date for this note was supposed to be on 6.5.2016, but the bank decided to commence selling the notes to the public on 14.4.2016 mainly in the capital city of Hanoi. Like the previous commemorative note (2001 - 50th Anniversary of the State Bank of Vietnam), this note is also printed predominately in red. The designs on the front of the note has the portrait of Nguyen Sinh Cung aka Nguyen Tat Thanh aka Nguyen Ai Ouoc. To many, he is commonly know as Chu Tich (President) Ho Chi Minh (his adopted Chinese name). On the back is the bank's building, presumably the HQ in Hanoi.
Front Cover
Back Cover

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