Author Topic: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.  (Read 269 times)

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Offline Jostein

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Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« on: November 29, 2019, 04:28:10 PM »
The bank of Ghana just introduced today a new bimetallic decagonal coin of 2 cedis, as well new banknotes of 100 and 200 Cedis.

New Higher-Denomination Ghana Cedi Coin - Know The Security Features - YouTube


Best.
"Change is the law of life. And those who look only to the past or present are certain to miss the future" - John F. Kennedy

http://www.bimetallic-coins.com

Offline <k>

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #1 on: November 29, 2019, 04:32:01 PM »
The coin looks superb.

Offline Pabitra

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #2 on: November 29, 2019, 04:52:25 PM »
The coin

Offline <k>

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #3 on: November 29, 2019, 04:57:24 PM »








The coin reminds me of the Cabo Verde coins.

Offline eurocoin

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #4 on: November 29, 2019, 05:02:28 PM »
Interesting news. So this was likely the high denomination coin the Royal Mint referred to in its annual report.

It is strange that they were allowed to use these technical specifications for a coin of which the value equals 28p. It looks reasonably similar to a 1 pound coin.

The denomination is not written on it very clearly to say the least. Also interesting that they use cedi as plural on the coin whereas they in the past used cedis on the coins for the plural.
« Last Edit: November 29, 2019, 05:37:34 PM by eurocoin »

Offline eurocoin

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #5 on: November 29, 2019, 08:11:38 PM »
Image of the minted coin.




Offline eurocoin

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #6 on: November 29, 2019, 08:19:26 PM »
We may expect more new coins of Ghana to be released:

"Bank of Ghana intends to gradually replace its lower banknote denominations with coins to reduce the costs of printing. BOG will also embark on a vigorous campaign among road transport workers, market operators, small businesses, supermarkets, vendors and others to create avenues for the usage of the coins including develop infrastructure for coin usage."

Offline onecenter

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #7 on: November 29, 2019, 10:40:44 PM »
Very nice design. 
Mark

Offline Pabitra

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #8 on: November 30, 2019, 12:26:03 AM »
So Ghana appears to has blinked first.
They appear to have given up the hope of early issue ECOWAS single currency.

Does Nigeria bite the bullet next?

Offline Big_M

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #9 on: November 30, 2019, 06:15:16 PM »
This is hardly high value. Moreover that have been loyal to the RCM for a long while.

Offline malawi

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Re: Ghana: New bimetallic 2 Cedi coin, 100 and 200 Cedi banknotes.
« Reply #10 on: December 05, 2019, 05:08:31 PM »
very nice!!
the coin is now in circulation?