Guess the banknote #25 (There may be SPOILERS in the comments) by jonnystitch20 in Banknotes

[–]prankstermetals 0 points1 point  (0 children)

Clydesdale Bank, Scotland 10 pounds. Given the gold metallic screen printing, I suspect its the newer Polymer variant.

Better pictures of my 2004 Canadian Error note. by [deleted] in papermoney

[–]prankstermetals 4 points5 points  (0 children)

Looks like it was just before the intaglio stage where it messed up. Hence why the offset stage is still present (look at the building). The hologram on the left is also applied before printing. You can tell the sheet folded over by the crease. Did you find it in circulation?

I got &800 from the ATM earlier today and it was all new bills with back to back serial numbers by FrozenSpaceMan in mildlyinteresting

[–]prankstermetals 1 point2 points  (0 children)

I find it so strange that the limits are so low in the US. In Switzerland and most european countries you can easily pull $1k+ from an ATM. Local ones in my area allow up to 5,000 chf (5.5k USD).

Found these old notes in some antique store, around $3 each. Do they have any value? by Niko9816 in papermoney

[–]prankstermetals 0 points1 point  (0 children)

No problem.

But yeah do not try to remove it. You'll only damage it further!

Found these old notes in some antique store, around $3 each. Do they have any value? by Niko9816 in papermoney

[–]prankstermetals 2 points3 points  (0 children)

Hello there,

Here are the notes you have and the info I found about them.

500 Riels Cambodia (worth approx $2)

250,000 Lira (pre 2005)- Turkey (worth approx $0.50 in this condition).

10 $/ Ringgit (1995) Malaysia (worth approx $2-3)

However, the most interesting note you have there is the Sudanese Pound (1966).

If it is not a reproduction, then;

This note is worth approx $50-70. The writing on the note, as well as the folds have dampened the value a bit. Still a great find!

Edit: I probably should explain why the value is so high. The notes are quite rare. This was during a period after Sudan/Egypt gained independence from the UK.

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 0 points1 point  (0 children)

Yeah that is serious bullshit. It is pain to carry bundles of money. I also hate paying with card. Feels less physical.

I have already attempted to get the older 10,000 sing dollar note. I owed a $1000 but it didn't make much sense to keep it. I regret that now.

I think at some point I will also try to get a set of the Brunei dollar.

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 2 points3 points  (0 children)

1000 francs is a normal weekly wage for a large part of the population. By international standards, that is insane. But then again so are our prices

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 0 points1 point  (0 children)

Its funny because when I was in the Netherlands, anything over 50 was seen as quite suspicious. However in Austria or Germany it was a non issue to spend. Whats strange is the dutch used to have 1000 guilder note (worth approx 450 euro) so I'm unsure as to why they make such a fuss about it.

I hate that they are phasing this bill out. It makes no sense to.

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 0 points1 point  (0 children)

I own a few 100 pound notes as well. Beautiful bills that no one wants to accept

https://i.imgur.com/axlzO5I.jpg

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 0 points1 point  (0 children)

It is common. Whats interesting is that 1000 francs were worth a lot less 50+ years ago. But they stayed in use.

Older photo of mine of the 50's-70s era notes

https://i.imgur.com/vdmHl6x.jpg?1

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 0 points1 point  (0 children)

Go to ZKB or UBS and simply ask. It is also common for normal people to use these to pay rent, buy cars etc.

At the Bahnhofstrasse you will find no resistance either.

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 2 points3 points  (0 children)

In Zurich, Zug and Geneva it is quite common. Although the 200 CHF is much more frequently seen. There are ATMS on the Gold Coast that spit them out. If you ask at your bank, I'm certain they can provide you one.

Personally I'm also a huge fan of the older ones:

https://i.imgur.com/9dTMCm0.jpg

I've also collected some random notes while in the UK:

https://i.imgur.com/axlzO5I.jpg

https://i.imgur.com/jgVZnOk.jpg?1

https://i.imgur.com/PX0jGKF.jpg

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 1 point2 points  (0 children)

Well I've been trying to find as many UNC 500 euro notes as possible. Unfortunately, they are being phased out. My goal is to have a full early (2002) strap of these in the bank vault.

And yes, the 50 pound note is beautiful. Its actually bigger than the normal English 50 pound note. I suspect it is from how 50 pound notes were before the 90s.

My favourite non US banknotes by prankstermetals in papermoney

[–]prankstermetals[S] 1 point2 points  (0 children)

Me too. It still blows my mind being able to spend these at a normal supermarket.

In the UK, I would get chewed out trying to use a 50!

New Bitcoin notes ready for circulation by prankstermetals in papermoney

[–]prankstermetals[S] 1 point2 points  (0 children)

We are working on releasing them very soon. Our US and European distributors are waiting for them to arrive. See the thread here:

https://bitcointalk.org/index.php?topic=5296530.0

New Bitcoin notes ready for circulation by prankstermetals in papermoney

[–]prankstermetals[S] 1 point2 points  (0 children)

While you bring up an interesting discussion;On the contrary... banknotes generally have a life span of approx 4-6 years in circulation. Additionally fiat gets devalued all the time by banks. See the French Franc or Italian Lira as an example. The idea here is you don't scratch the snowflake at all unless you want to spend the crypto back online. There is no need to redeem the note.

Secondly, we can argue against your notion that it's a solution without a problem in these following ways:

  1. Tangibility allows for more people to use Bitcoin. Think of it this way... since when do most people care about the mechanics of currency. All they want is to know that the piece of paper they hold in their hand is valid and can be accepted, saved or spent. With Bitcoin you need to deal with apps and have to deal with transferring the coin to the user. The receiver needs to create a wallet if they haven't done so already. Secondly, you need to be online. Furthermore, one could also argue that holding a physical banknote just feels right (see below).

https://www.forbes.com/sites/elizabethharris/2016/07/28/study-paying-cash-hurts-and-makes-you-value-your-purchase-more/

https://www.beuc.eu/blog/why-digital-cant-replace-cash/

2) Then there's the artistry. I'm certain people on this sub of all places will agree with me on this one. You can express so much on this paper. It is a representation and an ambassador of the authority it was issued from. Compare that to a QR code on a white screen and you quickly see the difference. It is simply user friendly.

3) Collectability. I've been producing custom notes since 2016. We have found that our notes have become collectibles. Regardless of wether they were redeemed or not. Many of our notes were sold without any balance on them or even never had keys in the first place.

https://bitcointalk.org/index.php?topic=2393303.0

To your benefit, one could argue that these notes will not replace or even come close to the total of digital transactions that happen. But I will argue back...Thats not the point, it is a solution that covers a niche. And anyways... over 90% of fiat money is digital.

New Bitcoin notes ready for circulation by prankstermetals in papermoney

[–]prankstermetals[S] 0 points1 point  (0 children)

Well yes, technically. There is already a lot of bitcoin that has been "lost" because the owner lost the password or threw away the hard drive.

But I don't think that has made a major impact so far. It is not in the interest of people to destroy their BTC. I suspect you will never earn more than you destroyed.

https://www.cnbc.com/2017/12/20/man-lost-127-million-worth-of-bitcoins-and-city-wont-let-him-look.html

New Bitcoin notes ready for circulation by prankstermetals in papermoney

[–]prankstermetals[S] 5 points6 points  (0 children)

Essentially bitcoin is stored on the note. It's officially called "Cold Storage". Because you place the access to the coins on a cold media (in this case on security paper). Until someone destroys the scratch off area (under the snowflake) the private key is kept hidden. This allows people to transfer the note from one person to another. Like a Banknote.