denomination

The U.S. public may be feeling a pinch of inflation’s rise, but it’s nothing compared to the stranglehold it has on Zimbabweans. On Saturday, the Zimbabwe’s Central Bank issued a new Z$100 billion banknote to try and combat the severe shortages of money. How much will the new note buy? According to CNN and BBC […]

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The Bureau of Engraving and Printing (BEP) has released their April 2008 banknote production figures. The BEP produced 709,120,000 notes that were worth a total of $13,532,800,000. April figures show a slight decease in volume by nearly 75,000 notes compared to March banknote figures, but the total value produced is almost identical. Also similar was […]

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The Bureau of Engraving and Printing (BEP) produced 784,010,000 U.S. banknotes in March of 2008 worth a total of $13,501,800,000. March figures reflect a volume increase compared to the total notes printed in February. However, the total value is slightly lower. In further March to February comparisons, for whatever they may be worth, the BEP […]

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The Bureau of Engraving and Printing (BEP) produced 649,600,000 U.S. notes in February of 2008 worth a total of $13,779,200,000. Making currency is no small task in such volume. Spread across the 29 days in February and counting weekends and holidays, that averages to nearly 22.5 million notes per day with a face value of […]

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Zimbabwe’s Central Bank issued new banknotes, including Z$1 million, Z$5 million and Z$10 million dollar notes. Notes like the new 10 million were released into circulation to combat extreme shortages of money. Bags of cash are needed to purchase simple goods at stores and extreme waits at financial institutions are normal when withdrawing money. Zimbabwe is stricken […]

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The number of counterfeit euro coins increased in 2007 by 29% over 2006. The European Commission reported 211,000 counterfeit coins were pulled from circulation by authorities compared to 163,800 in 2006. The coin counterfeited the most was the 2-euro, which accounted for over 85% of the total. Overall, approximately 585,000 counterfeit coins have been take […]

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That much change could be a guru of joy for a lucky coin collector. But you may want to watch this CBS news video first! Okay, not so much joy – at least for the typical coin collector. The 500 pounds of coins are all foreign! Every year New York City has been bidding their […]

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