2015 Standard Catalog of World Paper Money. Modern Issues 1961-Present 21th edit.pdf

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WORLD
PAPER MONEY
Standard
Catalog of
®
Modern Issues • 1961-Present
Edited by George S. Cuhaj
21st Edition
13,750
The World’s Authority on Paper Money
Detailed
Illustrations
WORLD
PAPER MONEY
Standard
®
Catalog of
Modern Issues • 1961-Present
21st Edition
Edit
Editor
George S. Cuhaj
Designer
Sandi Carpenter
Special Contributors
Thomas Augustsson, Flemming Lyngbeck Hansen,
Juozas Minikevicius, David Murek, Herbert Stein,
Frank Tesson, Ludek Vostal, James Warmus
Copyright ©2015 F+W Media, Inc.
All rights reserved. No portion of this publication may be reproduced or transmitted in any
form or by any means, electronic or mechanical, including photocopy, recording, or any
information storage and retrieval system, without permission in writing from the publisher,
except by a reviewer who may quote brief passages in a critical article or review to be printed
in a magazine or newspaper, or electronically transmitted on radio, television, or the Internet.
Published by
Krause Publications, a division of F+W, A Content + eCommerce Company
700 East State Street • Iola, WI 54990-0001
715-445-2214 • 888-457-2873
www.krausebooks.com
To order books or other products call toll-free 1-800-258-0929
or visit us online at www.shopnumismaster.com
ISSN 1538-2028
ISBN-13: 978-1-4402-4411-7
ISBN-10: 1-4402-4411-1
Cover Design by Jana Tappa
Designed by Sandi Carpenter
Edited by George Cuhaj
Printed in the United States of America
10 9 8 7 6 5 4 3 2 1
Introduction
3
Introduction
Welcome to this 21st edition of the
Standard Catalog of World
Paper Money, Modern Issues.
Many new issues, expanded text descriptions as well as price
increases have been made. Foreign Exchange Certificates, Military
use notes and Regional notes are now presented in the
Standard
Catalog of World Paper Money, Specialized Issues volume
now in
its 12th edition.
In our constant endeavor to provide as much detail as possible,
we have expanded our detailed signature variety information. For the
ease of identification, notes are listed under their historic country
identification (British Honduras is no longer hidden within Belize).
North Korea and South Korea are now under N and S respectively,
not under K. Northern Ireland is under N. Please consult the country
index or bank issuer index if you continue to experience difficulty.
Notes of a particular bank are listed in release date order,
and then grouped in ascending denomination order. In the cases
of countries where more than one issuing authority is in effect at
a single time, follow the bank headings in the listings and it will
become apparent if that country’s listing are by date or alphabetical
by issuing authority. In the cases where a country has changed
from a kingdom to a republic all the banknotes of the kingdom’s era
would be listed before that of the republic.
If you wish to contribute images, please contact us first and follow
the guidelines as set forth in the information notice. We can accept
them as JPGs, and preferably on a disc, rather than as an email
attachment. But please contact us first before you do a lot of work,
which could be duplicating items already in progress for inclusion
in future editions.
An Invitation
Users of this catalog may find a helpful adjunct to be the
Bank
Note Reporter,
the only monthly newspaper devoted exclusively to
North American and world paper money. Each issue presents up-to-
date news, feature articles and valuable information. All purchasers
of this catalog are invited to subscribe to the
Bank Note Reporter.
See www.shopnumismaster.com
A review of modern paper
money collecting
Paper money collecting is probably as old as paper money
itself. However, this segment of the numismatic hobby did not
begin to reach a popularity approaching that of coin collecting
until the latter half of the 1970’s. While coins and paper money
are alike in that both served as legal obligations to facilitate
commerce, long-time paper money enthusiasts know the
similarity ends there.
Coins were historically guaranteed by the intrinsic value of
their metallic content - at least until recent years when virtually all
circulating coins have become little more than legal tender tokens,
containing little or no precious metal - while paper money possesses
a value only when it is accepted for debts or converted into bullion
or precious metals. With many note issues, this conversion privilege
was limited and ultimately negated by the imposition of redemption
cutoff dates.
The development of widespread collector interest in paper money
of most nations was inhibited by a near total absence of adequate
documentation. No more than four decades ago collectors could
refer to only a few catalogs and dealer price lists of limited scope,
most of which were difficult to acquire, or they could build their own
knowledge through personal collecting pursuits and contact with
fellow collectors.
The early catalogs authored by Albert Pick chronicled issues of
Europe and the Americas and were assembled as stepping-stones
to the ultimate objective, which became reality with publication of
the first
Standard Catalog of World Paper Money
in 1975. That
work provided collectors with fairly complete listings and up-to-
date valuations of all recorded government note issues of the 20th
century, incorporating Pick’s previously unpublished manuscripts on
Africa, Asia and Oceania, plus many earlier issues.
This completely revised and updated 21st Edition of Modern
Issues, along with the companion 15th Edition of General Issues,
presents a substantial extension of the cataloging effort initiated in
1975. As the most comprehensive world paper money references
ever assembled, they fully document the many and varied legal
tender paper currencies issued and circulated by over 380 past and
current government issuing authorities of the world from 1300’s to
present.
George S. Cuhaj
Editor
Table of Contents
Introduction & review of paper money collecting............. 3
Acknowledgements .......................................................... 4
Country Index .................................................................. 5
Issuer and Bank Index...................................................... 6
How to Use This Catalog ................................................ 10
IBNS Grading Standards ................................................ 12
Printer Abbreviations ..................................................... 13
Standard International Grading Terminology &
Abbreviations ............................................................. 14
Foreign Exchange Table.................................................. 15
Standard International Numeral Systems ....................... 16
International Numerics ................................................... 17
Dating ............................................................................ 18
Hejira Chart .................................................................... 19
Bank Identification Guide ............................................... 20
IBNS Membership Application ....................................... 22
Specimen Notes ............................................................. 22
International Months ...................................................... 23
Security Devices ............................................................ 24
Listings by Country ........................................................ 25
4 Acknowledgements
Acknowledgements
Over time contributor enhancements to this catalog have been many and varied, and to recognize them all would be a volume in itself.
Accordingly, we wish to acknowledge these invaluable collectors, scholars and dealers in the world paper money field, both past and present, for
their specific contributions to this work through the submission of notes for illustration, improved descriptive information and market valuations.
Emmanuel K. Aboagye
Dundar Acikalin
Esko Ahlroth
Jan Alexandersson
Paulo Almeida
Carl A. Anderson
Dr. Jorge E. Arbelaez
Donald Arnone
Thomas Augustsson
Keith Austin
Oksana Bandriuska
Adriaan C. F. Beck
Dan Bellan
Daniel Bena
Jan Bendix
Abdullah Beydoun
Milt Blackburn
Ed Bohannon
Joseph E. Boling
Wilfried A. Bracke
Jean Bricaud
Alejandro Brill
Mahdi Bseiso
Christopher J. Budesa
Weldon D. Burson
Lance K. Campbell
Arthur Chadwick
David F. Cieniewicz
Mark C. Clark
Arthur D. Cohen
Scott E. Cordry
Guido Crapanzano
Vincent Craven-Bartle
Ray Czahor
Howard A. Daniel III
Antonio de Albergaria
Marc Debeer
Jacques Desbordes
Bruce Donahue
Michel Dufour
Arnoldo Efron
Wilhelm R. Eglseer
Esko Ekman
Ricardo Faillace
Edward Feltcorn
Wolfgang A. Frick
Yves Gilles
Flemming Lyngbeck Hansen
Victor S. Holden
Anton Holt
Armen Hovsepian
Yu Jian Hua
Jaya Hari Jha
A. J. Jacobs
Edouard Jean-Pierre
William M. Judd
Alex Kaglyan
Luis A.A. Karmy
Reese Kayhani
Dimitri Kharitonov
Olaf Kiemer
Josef Klaus
Ladislav Klaus
Michael E. Knabe
Tristan Kolm
Lazare Kouami
Michael Kvasnica
Samson K.C. Lai
Michael Lang
Akos Ledai
Dr. Edmund Lee
C. K. Leong
David Leong
Owen Linzmayer
Cesar Cornales Lopez
Alan Luedeking
Stu Lumsden
Dr. Dennis Lutz
Martin MacDaeid
Ma Tak Wo
Ranko Mandic
Claudio Marana
Arthur C. Matz
Ali Mehilba
Daniel Meyer
Juozas Minikevicius
Arthur Morowitz
Jon Morowitz
Michael Morris
Rene Muller
Richard Murdoch
Tanju Mutlu
Quoc Nguyen
Fred O’Connell
Frank Passic
Diego Paz
Antonio E. Pedraza
Juan Pena
Elena Pop
Laurence Pope
Savo Popovic
Miguel Pratt
Yahya J. Qureshi
Kavan Ratnatunga
Mircea Raicopol
Jay Recher
Bob Reis
Ilan Rinetzky
John Rishel
Alistar Robb
Kerry A. Rodgers
William Rosenblum
Juri Rudich
Alan Sadd
Remy Said
Pilar Sagalés
Sergio Sanchez
Jacco Scheper
Walter Schmidt
Wolfgang Schuster
Harmut Schoenawa
Robert Schwartz
Christian Selvais
Victor F. Seper Jr.
Joel Shafer
Shankar Shrestha
George Slusarczuk
Gary F. Snover
Jimmie C. Steelman
Herbert Stein
Jeremy Steinberg
Tim Steiner
Georg H. Stocker
Alim A. Sumana
Peter Symes
Steven Tan
Frank Tesson
Reinhardt Tetting
Anthony Tumonis
W. J. van der Drift
Norbert von Euw
Michael Vort-Ronald
Ludek Vostal
Evangelos Vyzas
Wakim Wakim
James Warmus
Pam West
Joseph Zaffern
Christof Zellweger
Associations & Publications
International Bank Society
L.A.N.S.A.
East Midland Chapter, I.B.N.S.
Le Change des Monnaies Etrangers
by R. L. Martin. 12, rue Poincaré, F 55800 Revigny, France.
(Illustrated guide of current world bank notes.)
MRI Bankers’ Guide to Foreign Currency
by Arnoldo Efron, Monetary Research Institute, P.O. Box 3174, Houston, Texas, U.S.A., 77253-3174.
(Quarterly illustrated guide of current world bank notes.)

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