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I give props to (the NBU), so Hip Hop hooray, ho

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Fenntucky Mike


When I first started collecting Ukrainian coins and banknotes I was prepared for the worst, meaning I thought I would have to translate everything, that there would be a lack of transparency and information from the NBU, archaic website, and few to no references. I was wrong. Ukrainian coins and currency are some of the most well documented that I have come across. I have mentioned some of the reference books that I use in a previous entry, this time I would like to focus on the resources provided by The National Bank of Ukraine. Lets use the NBU's latest release as an example, a new souvenir banknote was released a few days ago commemorating Leonid Kadenyuk, the first cosmonaut of independent Ukraine. The notes release was predated by a press release from the NBU (see below, left), followed by a description in their commemorative numismatic product list (below right). Each one is slightly different with small tidbits of information that the other doesn't have. This is typical of the NBU and it benefits them to advertise their products in such a manner. The website of the NBU is actually very good and it has two versions one in Ua (Ukrainian) and one in En (English), you can toggle between the two by clicking the initials located in the upper right of the webpage, next to the search icon. I typically toggle back and forth between the two as one version will have more or different information than the other and sometimes one version will have auxiliary documents and the other will not. In addition to specific releases about individual coins and notes they also published a free catalog this year which is available for download. If that wasn't enough they publish press releases of known counterfeits and frequently release information on their processes in general in regards to anticounterfeiting procedures, monetary reform and the move towards digital currency. If you are collecting or thinking about collecting Ukrainian coins and/or currency the getting familiar with the NBU's website is a must. The NBU is kind of like NGC in that they maintain two websites the old version and the new, both are useful. Here is a link to the old website, you'll need google translate for this one https://old.bank.gov.ua/control/uk/currentmoney/cmcoin/list and here is a link to the new, where you can download the 2015-2019 catalog https://bank.gov.ua/en/news/all/banknoti-i-moneti-ukrayini-20152019-rokiv .

Untkhjiuitled.png                  Untitlkljied.png

The NBU also provides booklets with descriptions of the notes and security features, below are the booklets for the 2019 1,000 Hryven and 2001 200 Hryven notes.


Here's a press release of a medal circulating in the region falsely claiming to be an issue of the NBU. This press release actually contained a small tidbit of information that I hadn't know and will have to go back and update my coin descriptions. The logotype of the Banknote Printing and Minting Works of the NBU is a lily with three petals. I knew that the symbol was the logo for the BPMW but didn't know exactly what it was until I read this article. 

(I ran out of space I'll post a picture in a response.)

I'm not saying that the NBU is as transparent or as good as the BEP but I thought I'd give them some well deserved props

FYI, the new commemorative banknote is currently available for purchase on ebay

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Interesting... Reminds me of some of this nonsense you see in the US with these private "mints" with names that seem deliberately designed to make it seem like their "gold clad proofs" are more legit / official than they are.

I've often felt very lucky in some ways that Zimbabwe used to be a British holding so all their stuff is in English, including the notes. I would love to get into German Weimar notes and 1940s Hungarian hyperinflation notes but the language barrier has been Enough of a barrier to keep me out for now. I just feel like I'm going to need more time to find better resources before I can get into those, and understand them before I consider collecting them seriously. But I'd love to get into the old Hungarian Pengo / Milpengo / Bilpengo.

Edited by Revenant
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20 minutes ago, Revenant said:

Reminds me of some of this nonsense you see in the US with these private "mints" with names that seem deliberately designed to make it seem like their "gold clad proofs" are more legit / official than they are.

I have little doubt that is case, or something very close to it.

14 minutes ago, Revenant said:

But I'd love to get into the old Hungarian Pengo / Milpengo / Bilpengo.

Always have to keep an eye out for the next collecting goal, that would be an interesting choice for a future set. Those WWII era notes can get expensive sometimes and can be hard to find but I don't know enough about those to say one way or the other.  

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