PMG Journals

Our community journals

  1. Fenntucky Mike
    Latest Entry

    With the war in Ukraine having entered its six month, and with the taking and retaking of territories within Ukraine, there has been a need by nonmilitary personnel to get out of said areas quickly, as the need arises, sometimes at a moment's notice. That being said, such evacuations mean that there is little time for preparation and items must be left behind and along those lines the NBU has instructed the banks in the warzones to deface/deliberately damage all banknotes in the event of an evacuation. The statement from the NBU reads as such, "Taking into account the conduct of military (combat) actions or their possible threat, in accordance with the requirements of the regulations of the National Bank, in case of impossibility to take out cash, banks must damage it in order to bring the banknotes into non-payment condition.", in addition to being ordered to deface/damage the banknotes the NBU has also given instructions as to the methods for the defacing/destruction of the notes, "Banknotes can be damaged mechanically (cutting off at least half of the banknote and destroying it; cutting it in half or into three parts; drilling three or more holes in the banknote) or by using special solutions or other coloring substances with coloring of at least 50% of the total area of the banknote.".  See the press release from the NBU here. https://bank.gov.ua/ua/news/all/pid-chas-rozrahunkiv-gromadyanam-krasche-vidmovlyatisya-vid-banknot-z-otvorami-ta-inshimi-poshkodjennyami 

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    It is also illegal to spend such banknotes once they have been defaced/deliberately damaged, and that seems to be an issue in areas near the war zones. As occupying forces move in they, or others of an unscrupulous nature (looters), will confiscate the defaced/damaged notes and ether intentionally put them back into circulation in hopes of destabilizing the local economies or spend them as if they were their own. (tsk) The 500 Hryven banknotes in the image above, taken from the NBU press release, are of the old design last used in 2015 (3rd generation Hryvnia) meaning that both old and new notes (4th generation) could be, were, defaced/intentionally damaged. It is unknown at this point if the NBU has serial number ranges for new notes that were defaced/intentionally damaged at occupied/abandoned banks, but I assume that information is available to them, nor is it known if there are records for older notes pulled from circulation that were defaced/intentionally damaged, but it's doubtful. 

    Please, if you see such notes online, specifically for sale, report them and the sellers as these notes are illegal to own at this time and directly impact innocent people. Furthermore, any jamoke or jabroni can pop three or four holes into a banknote, or deface it in any manner described above, and claim that it is the real article. Stay away from these folks! (thumbsu

  2. MCARG001-chariot-VF-F-crop.thumb.jpg.b73ce9985da6e41426e4751f94ebb9c2.jpgMCARG001-chariot-VF-B-crop.thumb.jpg.e2b2eaa3c7d88fccdd66c93b72c06126.jpg

     

    Not only is this another country from Latin America to add to the collection but it attracted me for a couple of reasons. First the cancellation holes are square - I thought that was a bit different as most seem to be round.

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    In my collection I have a Guatemalan 1 peso with Cybele riding a chariot being pulled by two lions whereas this time she seems to have gained a passenger in Mercury, which is no doubt why it now takes four lions to do the hard work!

    It is no surprise to see Mercury on a banknote as he is the god of commerce however it seems that his chariot is usually pulled by two roosters - I wonder if this is on a banknote anywhere? He has also regained the caduceus from the Mother Goddess.

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  3. This past week all I've been doing is trying to figure out what to sell. I have some, that I wish I never would have purchased. 1 is a Peru note, it graded nicely but doesn't turn me on anymore. To be honest, it's a nice looking note, but I like nice vignettes showing buildings and historical scenes. Once I get the set started, if anyone is interested in the Peru, Dominican Republic and Czechoslovakia notes, let me know. The Peru isn't a Specimen. I also have a lot of raw notes that aren't worth grading, but I do like them. Especially the Mexican, Argentina etc. and a couple of other South American notes. I have enough to do for the next week or so, and I'll try to keep everyone updated thru my journals.

    One thing I have to do is update my World Catalogs. Hint, Hint: if anyone has maybe a 3 year old set of all 3 catalogs, I'd be interested if the low price is right. Here is why: in one of the lots I bought there was several Mexican notes I didn't have, but there was also some Russian notes included that consisted of 2 different designs; one I believe is an 1898 variety and the other, a bigger vertical note is a 1909 date. One of my problems is my eyes aren't near as good as they once were, so even with a loupe or madnifyer I cannot see any differences in the notes. Some of the differences are different names for the signatures, and I can't tell them apart. I'd sure like to get the CORRECT pick numbers for each

    Ok, here's where I try to put in the scans, would you all keep your fingers crossed!!!

     

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    I think I had better stop here, as I know if I try anything else, will really be pushing my luck.

    Thank you all for reading and helping out.

    Brian

  4. I'm putting this up as what I'm calling my 2022 update to the Zimbabwe set. When I got into this in 2015 I thought it would be done and that I would just get to build the sets and the descriptions and be done. It has been very interesting and an unexpected journey to have this new series that started in 2019 (2016 if you count the bond notes) and having to update and revise to reflect the timeline moving forward, but it's something I've enjoyed following immensely, carrying the set forward.

    The timing of this update is spurred partially by my wife buying me a graded example of the $50 (P-105) note for the series as part of my father's day present and also the announcement the RBZ made last week. My last major update to this set was in May 2021, a couple of months before the $50 note was released, so my $20 note description still said I thought the $20 note would be the last of the series. So an update was needed.

    The Reserve Bank of Zimbabwe announced in early April 2022 that they would be releasing a new $100 bill. At the time, inflation was running about 6-7% a month and about 66-72% a year. The RBZ committee at the time talked about how it needed to “remain focused on inflation reduction” while also pointing to rising global inflation and the Russia-Ukraine conflict – which had started only about 1.5 months prior at the time.  

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    The design of this note will look familiar to those familiar with Zimbabwean money. The front of the note is more or less identical to the other notes in the series with the exception of the color and the denomination and even the color seems very similar to the $50 note that immediately precedes it in the series. The reverse of the note features the Great Zimbabwe Ruins, which have not been featured previously in this series but they have been featured on the national coins and currency over and over again dating back to 1980 with the $1 coin. I think the first appearance of the ruins on a note was on the $50 bill of the 2nd series of the 1st dollar (P-8), which was released in 1994. 

    Every time the ruins are introduced or featured in a new series of notes it is done with new artwork but the artwork always seems to focus on this one structure or feature of the ruins. I think this new design is notable also for the prominent placement of the milkwood tree. I bring up the old $1 coin from 1980 in part because, of all the prior artwork, this new note most reminds me of that old $1 coin. 

    By Jun 2022, just two months after this note was released, annual inflation had spiked from 72% to 192%. 

    Forever behind the curve with this series, the RBZ once again released a new note that could not even buy a loaf of bread when it was released. For all the jokes that got made about the $100 Trillion dollar note (P-91) at the time of its release, that bill was worth about $2 officially at release and could buy bread – and if you sold it to tourists at the airport for more than it was actually worth you could get a loaf of bread or maybe two. But these notes, at release, didn’t even buy you bread. 

    Just two to three months after this note was released, in June and July 2022, you have some developments that are perhaps the most damning inditements of this new currency, the surest signs that this experiment in restarting a national currency has failed, and that this series may actually, finally, be close to an end. 

    In June 2022, the country announced that the US Dollar and other foreign currencies would once again be legal tender in the country and would remain so for at least the next 5 years. This is an official return to the multi-currency system that reigned from 2009-2019 and which was brought to an end by the government outlawing domestic use of foreign currencies and the forced conversion of bank balances to the new dollar in 2019. This comes less than three years after the RBZ stated repeatedly in October 2019 that there was absolutely zero chance that they would return to the multi-currency system. 

    One month after that, in July 2022 - last week -the country announced that they would start issuing gold coins later that month that could be purchased for the value of the coins + production cost and used in domestic transactions or kept as an inflation hedge.  

    Actual gold coins, struck possibly even for circulation. Can you even believe it? If it happens I think that might be one of if not the first time that gold coins have circulated in nearly 100 years.

    I'm looking for pictures.... I wonder what they'll look like.... I need one of these things. Like Seriously. I'm going to have to get one.

    But... they're still supporting this zombie currency. It's dead. The people have rejected it. They've brought the multi-currency system back and they think they'll get to just take it away again in 5 years?

     

    Edited to add:

    My wife's father's day present to me also included 2 other notes.

    One is a 65 EPQ graded P-18 that Noteshobby had listed recently. I showed her the check / linked her to it (and the P-105, and the Congo note) recently when she was looking for ideas for a present for me because she considers me hard to shop for. lol This 65 EPQ example is better than the 63EPQ and 64EPQ I'd gotten graded last year. So it upgrades my "best possible set" of these checks but I'm not actually putting it in a competitive set with my other "best" checks. I'm putting it in my incomplete set that contains the now 3 of these things that I've bought from elsewhere. I just like the idea of those other two sets being entirely self-graded too much to introduce a pre-graded, bought note into them and ruining those -001 to -006 runs I worked so hard to make. I don't need to fight currently to have the highest ranked set of these so I like the style of keeping those other two sets "pure." But this note is now with all the others in the signature set I made to highlight these specifically. 

    ZIM18 65EPQ Front.jpg

    ZIM18 65EPQ Back.jpg

    The Congo note goes towards my elephant note set - which I may get more seriously off the ground one day. I'll have to do some research for this one ... one day... as I have time.

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  5. Czech it Out

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    So recently Mike has been sharing a lot of contemporary counterfeit Ukrainian notes and so I figured that I would share kind of along the same lines. 

    The Czechoslovakia P#5 1000 korun which is an Austrian 1000 korun with a red stamp printed onto the Hungarian side of the note. This stamp turned the old currency of the Austro Hungarian Empire into "new" Czechoslovakian currency. These were issued in the newly founded nation for a short time period in 1919 and 1920 before new banknotes were printed and issued.

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    Counterfeit bills were handstamped with an additional stamp over the red stamp that read "BANK UR MIN FIN PRAHA", (Banking Office of the Ministry of Finance Prague. This was to indicate that these bills were not legitimately stamped. I'm unsure if they were stamped with the extra stamp to make them legal currency or help identify them later when the new banknotes were swapped out . But it makes me wonder why they were stamped as opposed to being pulled from circulation.

    My example of this note is heavily circulated and damaged but the ink of the handstamp is still mostly visible. I don't know if this damage was from circulation under Czechoslovakia or Austria. Or just improper storage later.

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    I am unsure what the total population of these notes is and how many survive to today. They were issued for a very short time period in the new nation of Czechoslovakia and they were a high denomination that was not used as much as smaller currency. Currently only 1 has been graded by PMG and no counterfeit notes have been graded, and these do not come up for sale very often. 

  6. You won't find stars on National bank notes to signify a replacement.  This set has a few large and a few small examples.  It's all about paged serial numbers and detecting them from normal production numbering.  See if you can see what makes these notes replacements

     

  7. With the President in the White House, its look like we will see the new redesign Twenty Dollars bill with in this year or next year, with "Harriet Tubman" on the bill in 2022 or 2024 series, only after the new Treasurer of the United State and a new Secretary  of the Treasury are name and approved by House and Senate. We will see the new "Harriet Tubman" bill that will be printed; I hope they can be printed at both the Washington D.C. and at the Fort Worth TX location. This will be the first time a person of color will be on any U S currency in the history of the United States. This bill first design was the 1928 series with Tate-Mellon and the next was in 1996 series with the Withrow-Rubin "Big Head" notes series was last printed in that format.

    Starting in 2004 the new redesign notes with Marin-Snow series was the first printed in that format, and rand from 2004 thru 2021. This will be the fourth redesign for the Twenty Dollar notes. This is one of the most used notes of all the currently in circulation today. The Harriet Tubman bill will be an open face design, the same way as the series of 2004 current bill that are in circulation. This will be a newest note in the series of Twenty Dollars notes, within this collation.

  8. Counterfeiting of paper money in North America dates back to the very first emissions.  The only Massachusetts 1690 bills that survive today are raised bills; genuine bills on which the denomination was altered, or raised, to a higher denomination.  Counterfeits were a problem in all of the 13 colonies from the beginning.  Free money was the motivation for the counterfeiters was, for the first 85 years.  That all changed in 1775 when the British placed counterfeit May 10, 1775 $30 Continental bills into circulation.   

    These very rare counterfeit bills represent the first tactical use of counterfeits.  The objective of the British was to undermine confidence in the paper money of the Continental Congress.  The first bills were not very convincing and were probably viewed as more of an irritation than a real threat.  The bills were printed from a relatively crudely engraved plate and are easily spotted.   As the American revolution progressed the British counterfeiting operations improved, and the counterfeit bills became a real threat to the colonial economy.  The rampant counterfeiting of the May 20, 1777 and the April 11, 1778 emissions forced the early recall of the bills, and significantly undermined confidence in the currency.  The British not only printed counterfeit bills, they encouraged the use of counterfeits by sympathizers and even issued propaganda heralding the quality and number of the counterfeits in circulation.

    The pictured bill is an example of the first shot fired by the British in the economic battlefield of the American Revolution.  These are very rare counterfeits with less than 10 examples known today.  They are easily identified becuase they were printed from engraved plates, rather than typeset.  This example has evidence of mounting and paper pulls on the face, but is collectable none the less.  

    Eric Newman wrote a detailed article about the British Counterfeiting Operations, the full article is available here:  https://www.britnumsoc.org/publications/Digital BNJ/pdfs/1958_BNJ_29_18.pdf

    CC-010-CT - CC2137 - Obv - May 10, 1775 - $30 - SN 12467 - Fine Net.jpg

    CC-010-CT - CC2137 - Rev - May 10, 1775 - $30 - SN 12467 - Fine Net.jpg

  9. It's now the end of March, one of the wackiest months in my life and probably yours and perhaps in history of the modern world.  Plagues have been with us since the beginning and I suppose this isn't gonna be the last one unless we all go down with it.  But, not here to discuss our future, but the present.  Seems as though everything except the graders have gone home, and I bet their number of coins and paper money has dropped quite a bit as only electronic trading is happening. All the venues I go to are shut down for the foreseeable future, and my website hasn't had a hit in 2 weeks.  I thought maybe with folks stuck inside, perhaps more would be looking at the site, www.exonumiaandmore.com but no such luck.  

    I'm working with a company who puts up sites, so I cannot edit it until they finish with their legal beagles and so on and so forth.  So,I thought I'd talk about what I am doing to keep me off the streets looking for paper money blowing in the wind.

    A while back, I bought a stash of uncertified notes, mostly $2 modern FRN's  If you care to go to my site, you can see a few, and also I put a few on eBay and will add more when Tomorrow comes.  I put so many up, I ran out of free postings, so I have to wait til tomorrow. See captbrian2.  Is it illegal here to putup my locations of info. Hope not.

    Anyway, these $2's are of many sorts.  Fancy serial #'s, error notes, and so on. One of them, I especially like (the blue book shows it at $700+-, and it is with 3 other notes.  What happens is, the third printing, (the serial # & seal) are submitting to gravity, then fighting it.  The 1st note is where it should be (the serial #) then the 2nd note has it dropping down a bit. and the 4th, it begins to defy gravity and starts self correcting back up to where it belongs.  I have never seen a set like this, and I have talked with others who have seen similar, but it is quite rare from what I can get from the paper money community.  Anyway, I will try to post the pictures. 

    I always have incredible trouble posting pictures on these journals, but I'll give 'er a spin.

    No luck with picture. I'm gonna publish this then try to add in pictures.

     

  10. HunterSS

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    Starting a small collection to pass the time.

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  11. Since its founding in 2005, PMG has been committed to the principles of accuracy, consistency and integrity. We are grateful for all of the collectors and dealers who have entrusted their notes to PMG. Thank you!

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  12. Ron Greene

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    I am a collector of all Baltimore MD small town notes.  With the exception of Charter 1413, I am buying all Charter Baltimore notes.  They should grade VF35 or better.  My only missing note in my collection is Charter 1432 which has 7 total in the inventory and last was in a public aucthion dated 2009.

     

  13. Amarillo1

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    amarillo1
    Latest Entry
    Spoiler

    Could some one please show how to get to the population list. Since that change, I can not fine any thing, I know it hear but ware to fine it. Thanks for your help. Don

     

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    Muhammed =]
    Latest Entry

    Testing to see date/credentials when posted

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    How do you use the journals? hm

  14. Create Sets and Upload Images

    Finally figured out how to create images on the registry site. Now I am able to start searching for bills to match sets.

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    PICKED UP 4 $1 SILVER CERTIFICATES I AM NEW TO THIS AND IM HOPING I DIDNT GET RIPPED OFF HAHA

    GOT 3 1935 F SERIES BILLS SERIAL NUMBERS: U 040006581 I, Z 55232228 I, Z 76129511 I, AND A 1928 A SERIES, SER: F 52406831 B. NOW WHAT SHOULD I DO lol PLEASE IF ANYONE CAN GIVE ME A LITTLE INSIGHT ID BE FOREVER GRATEFUL.....SORRY ABOUT THE ALL CAPS MY KEYBOARD GOT WET. SEMPER FI!

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    m.decker
    Latest Entry

    what grade will it be.in process now.

    glad to see it back.

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    Paulies 1992
    Latest Entry

    BEST Before Now Light Years ahead...

    By Far The Best 3rd party graded holders out there!

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  15. The 2013 Star notes had a run of 80,000 For the 2013 L star note. I came across these this week..... two packs of A, Boston FRB ..

    came across these this week, Will be placing one of them on ebay to test the waters... I have not seen any others yet.. but who knows how many are in the run as there is no Production numbers that I can find from the Federal Reserve (BEP). ??? There was an 80,000 run of 2013 L star notes, of course I want this First run of A stars to match that production number....

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  16. C S A $20.00 COUNTRFEIT NOTE's BY SAM UPHAM

    THIS IS PART OF MY C S A COUNTERFEIT NOTES MOSTLY $20.00. THESE NOTES HAVE A STORY BEHIND THEM AND THE MAN THE SOUTH PUT A BOUNTY ON . HE IS REPORTED TO HAVE PUT INTO CIRCULATION OVER 1 MILLION INTO THE SOUTHS ECONOMEY.HE HAD A DRUG STORE / stationary STORE.GOT PICTURE OF $5.00 NOTE IN NEWS PAPER AND STATED PRINTING THEM UP.SELLING THEM FOR 5CENTS SOLD OUT QUICK so he started buying bills and reproducing them sold to fast to keep up.people were going down south buying loads of cotton paying with counterfeit notes. the U S gov. went to sam stationary store but but to his surprise they were not there to arrest him. No they resupplied him with ink and paper. [true]before that he had printed his name and address on the bottom of notes. that his buyers would just trim it off. I have them with and with out name ,address. start of war c s a doll. was @ about .88 cents on dol. not bad. till sam's funny money brought it down. will try to upload photos ASP

    happy trails

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    Old Navy created the T-shirts "Young Aspiring Artist", but with the word "artist" crossed out, and substituted with other words such as "astronaut" and "president". The T-shirts triggered controversy and social media outcry.

    Old Navy created the T-shirts "Young Aspiring Artist", but with the word "artist" crossed out, and substituted with other words such as "astronaut" and "president". The T-shirts triggered controversy and social media outcry. People were complaining about the shirt shamming artists as a legitimate career choice. Old Navy apologized for the T-shirts and pulled them from its stores and issued a statement that it did not try to offend anyone on purpose. In my opinion the Old Navy did not offend anybody. The T-shirt merely reflected the current affairs of the art and the place of an artist in our contemporary times. I call the current situation "Hyperinflation of Arts".

    Hyperinflation in economy often occurs when there is a large increase in the money supply not supported by the product growth, resulting in an imbalance in the supply and demand for the money. Left unchecked this causes currency to lose its value. Rapid devaluation of the currency, and with it, hyperinflation, is devastating for the economy and it is very painful for the society.

    "Hyperinflation of Arts" started with Conceptual Art movement in the mid-1960. The movement completely rejected standard ideas and aesthetics of art. Many works of conceptual art, often called installations could be created by anyone. In the article "Paragraphs on Conceptual Art" Sol LeWill explains: "In conceptual art the idea or concept is the most important aspect of the work. When an artist uses a conceptual form of art, it means that all of the planning and decisions are made beforehand and the execution is a perfunctory affair. The idea becomes a machine that makes the art."

    In music around the same time, the avant-garde movement developed. That movement in music challenged and critiqued existing aesthetic conventions, rejected existing status quo, and introduce new and unique elements to provoke or annoy the audience. Music, however, recovered from the influence of avant-garde movement, and moved on. Maybe because you can reject existing status quo all you want, but at the end of the day, you won't be able to play any music without music elements such as rhythm, harmony, dynamics, etc., or music theory. Yes, you will be able to go on stage and cut the piano in half to shock and annoy your audience, and you can declare that it was a music performance. Next time however, your audience is not going to show up to see it again, because it was interesting once (maybe).

    Music moved on, and avant-garde movement is just a movement in music history, however art never recovered from the conceptual art. Art is still under strong influence even now in the twenty first-century. We are still suffering from the belief that idea suffices as a work of art, and that concerns such as aesthetics, expression, skills are nothing, but the limitation to the boundaries of art. The boundaries were pushed very hard and are still being pushed. Institution such as museums and art galleries, and educational institutions are still forcing conceptual art as a main stream art, and any other styles of art suffered devaluation.

    The idea that you don't need any skills, or education, or talent, or anything else to become an artist was pretty much accepted. This notion opened the door for anybody who wanted to enter the art scene and declare themselves the artists. I personally witnessed ridiculous situation when someone without any degree was teaching in a major university. The university hired someone without any degree to teach the students who were actually pursuing the art degrees.

    I'm sure everybody is familiar with a tale by Hans Christian Andersen "The Emperor's New Clothes", about tailors who promise an emperor a new clothes that is invisible to those who are unqualified for their positions, stupid, or incompetent. When the Emperor paraded before his subjects in his "new clothes", no one dared to say that they don't see any clothes and the emperor is parading naked, until a child cried out, "But he is naked!"

    I cannot help but think of the Andersen's tale when I think about the art affairs in our contemporary times. The mainstream institutions still strongly insist that "Emperor" is wearing expensive and sophisticated clothes and those who are unable to see, are unqualified stupid and incompetent. I personally see that "Emperor" is naked, Old Navy sees it, so does everybody else. Conceptual art like avant-garde music was shocking, and appeared fresh in sixties, seventies, eighties... , but in our contemporary time it cannot pass as fresh, but quite opposite. It stinks...

    Because there are no boundaries to entry, the art scene is flooded with endless number of people who aspire to be the artists, but don't want to spend a lot of effort, time or money to produce the quality artwork. The product they produce is the product of no skill, and represents rejection of standard ideas and aesthetics of art by the conceptual art movement. Such products presents very little value, therefore the value of art has been deluded, and in return the place of an artist in the modern society slowly disappears. Like in economy, rapid devaluation of the currency, and with it, hyperinflation, is devastating for the economy and it is very painful for the society. Rapid devaluation of contemporary art is devastating for art, and painful for the society.

     

    more at:https://www.google.co.uk/

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    CHANGGUANGMING
    Latest Entry

    The first note of Brasil.

    Banco Central Do Brasil

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  17. http://www.moneyfactorystore.gov/28888luckymoneysheet.aspx

    (First day of sale: November 18, 2015 -- 8:00 a.m. Eastern Time) In celebration of the upcoming Chinese Lunar New Year, the Bureau of Engraving and Printing (BEP) is pleased to announce the newest addition to its Lucky Money Collection: the $2 "8888" Lucky Money Sheet.

    The $2 "8888" Lucky Money Sheet features an uncirculated Series 2009 $2 8-subject, uncut currency sheet with the serial numbers of all eight notes beginning with "8888." Each sheet is displayed in a decorative holder, capturing the significance of numerology and Chinese symbolism, and is protected by an acid-free, clear, polymer sleeve. This product is sold for $58.88 and only 16,888 will be available for sale.

    Bulk pricing is available for the $2 "8888" Lucky Money Sheet.

    Household quantity purchase limit restrictions of 250 units for the $2 "8888" Lucky Money Sheet will be imposed for the first week of release, November 18 -- 24, 2015. On November 25, 2015, household purchase restrictions will be waived.

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