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Has anyone come across Cypriot or Maltese Euro notes in change?

Started by BC Numismatics, October 01, 2009, 09:51:02 PM

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BC Numismatics

Has anyone come across any Cypriot or Maltese Euro notes in change? If you have,do you know which denomination(s) have been issued so far?

Aidan.

a3v1

@ Aidan,
So far: None. All Euro notes issued by the Cypriot and Maltese authorities originate from the central Euro note pool of the European Central Bank; and thus are showing the traditional serial letters and printer's marks.
In the future Cyprus and Malta may well issue one or two denominations of their own, to be recognized by a different serial letter (Malta: F; Cyprus: G). But these notes all will be printed by the traditional Euro printers as both countries don't have a printer qualifying for printing Euro notes.
Regards,
a3v1
Over half a century of experience as a coin collector.
-------------
Money is like body fat: If there's too much of it, it always is in the wrong places.

chrisild

Unlike euro coins, the notes are not only the same for the entire currency union, but the way they are produced and issued also differs from the procedure for coins. No euro country makes "its own" notes; they participate in the pooling system. Next year, for example, all €100 notes will be commissioned by the Banca d'Italia; for the €200 notes it is the Deutsche Bundesbank, and for €500 notes it will be the Austrian OeNB. http://www.ecb.europa.eu/stats/euro/production/html/index.en.html The €20 notes however will be commissioned by nine central banks - including those of Cyprus, Malta, Slovakia and Slovenia.

Christian

BC Numismatics

Christian,
  It's a shame that neither Cyprus nor Malta are issuing 5 or 10 Euro notes,as 20 Euros is a bit like having US$20 in your hand.40 Euros is actually a lot of money to take out of circulation & put into a collection.

Aidan.

a3v1

Quote from: BC Numismatics on October 10, 2009, 03:10:09 PMIt's a shame that neither Cyprus nor Malta are issuing 5 or 10 Euro notes,
They are, and plenty of them. But all of these originate from other Euro countries.
Regards,
a3v1
Over half a century of experience as a coin collector.
-------------
Money is like body fat: If there's too much of it, it always is in the wrong places.

BC Numismatics

Rob,
  I was referring to notes with their own prefix code letters.

Aidan.

a3v1

Aidan,
I knew that. But that wasn't exactly what you wrote. ;)
Anyway, 2010 isn't the last year that Euro notes are printed. In the years to come there will be a new commission for each and every year. And both Malta and Cyprus will have their fair (small) share.
Regards,
a3v1
Over half a century of experience as a coin collector.
-------------
Money is like body fat: If there's too much of it, it always is in the wrong places.

chrisild

Seems that euro notes with a "G-G" combo can now be found in circulation. :)  That means, notes commissioned by the Central Bank of Cyprus ("G" as the first character of the serial number) and printed by Joh. Enschedé in the Netherlands ("G" as the first character of the printer code) ...

Christian

BCNumismatics

The only British Commonwealth country left to start getting Euro banknotes printed is Malta.

Mind you,both Slovakia & Slovenia are the other countries in the Eurozone left to print Euro banknotes.

Luxembourg will most likely never get Euro banknotes printed,as that country is too small to have its own mint or its own banknote printer.

Aidan.

chrisild

Well, Luxembourg could try and find "its own" printer, but it would not make much sense. While issuing coins is basically up to the member states (except for the issue volume), the notes are issues differently. For example, I just got a "Dutch commissioned" but "French printed" €5 note. What Luxembourg could of course do is use a code of its own for the notes that the BCL commissions. But since euro notes are European, and not French, German or Luxembourgish, Luxembourg's central bank apparently does not care much ...

Christian

BCNumismatics

Christian,
  So far,only the 20 Euros with Cyprus' code letter has been seen so far.

20 Euros is getting a bit on the dear side from a collector's perspective,as 20 Euros is actually a lot of money once you think about it.

I would rather collect the 5 & 10 Euro notes from Cyprus & Malta though.

Aidan.

chrisild

When buying, say, groceries at a supermarket, €20 is not all that much. ;) But when it comes to putting money aside, that is a different story indeed. Well, next year it will be pretty much the same. The commissioning central banks for 2010 are:

€5: ES, FR, NL, PT
€10: AT, DE, FR, GR, IE, IT
€20: CY, DE, FI, FR, LU, MT, NL, SI, SK
€50: BE, DE, ES, IT
€100: IT
€200: DE
€500: AT

Christian

BCNumismatics

Does anyone know where Malta will most likely get its Euro notes printed?

Ironically,Malta DOES have a branch of Thomas De La Rue & Co. Ltd. in Valletta as well as the Maltese Mint.

The Maltese Mint is located on the same premises as the Central Bank of Malta in Valletta.Unfortunately,it cannot be visited,which also applies to the Irish Mint in Dublin.

Aidan.

a3v1

Quote from: BCNumismatics on December 05, 2009, 01:06:46 PMDoes anyone know where Malta will most likely get its Euro notes printed?
Nobody will know for sure until the notes are out, but most probably it will be one of the following:
German-based Giesecke & Devriendt (letter P), Dutch-based Joh. Enschedé (letter G), or French-based F.C.Oberthur (letter E).
Only these three printers recently already have printed € 20 notes for several Euro-countries.
Regards,
a3v1
Over half a century of experience as a coin collector.
-------------
Money is like body fat: If there's too much of it, it always is in the wrong places.

chrisild

E or G or P sounds good. Guess it will be Joh. Enschedé, but I have been wrong before. :) De La Rue is quite unlikely though; they don't make that many euro notes anyway.

Christian