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Got My New Euros

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Author Previous TopicReplies: 2 / Views: 2,337Next Topic  
Pillar of the Community
nalaberong's Avatar
Canada
2805 Posts
 Posted 06/19/2015  12:55 am Show Profile   Bookmark this topic Add nalaberong to your friends list Get a Link to this Message Number of Subscribers
Starting in 2013 the Euro currency is being redesigned. First came the new €5 in 2013, then the new €10 in 2014, and now the new €20 in 2015. I have just got my hands on the first two of this series. Here are some of the changes and justifications for those changes...

- Since the Euro first entered circulation, the European Union has added more than a dozen new members, most of which have their own official languages. (Even if a country does not use the Euro, its language is represented on Euro notes.) "European Central Bank" abbreviates to "ECB" in English, but in French it might be "BCE"... so you can see the problem already. Therefore, the section of the banknote that reads "ECB" in all member languages has been considerably lengthened. The new abbreviations explained: EUB is Bulgarian, EKB is Hungarian, BC.E is Maltese, and EBC is Polish.

- The map has been amended to include Malta and Cyprus. Malta was previously omitted because of its small size, and Cyprus was previously too far towards Asia to be in the frame.

- Bulgaria has recently joined the European Union, and the alphabet used in Bulgarian is Cyrillic. Therefore the European Union now has three official alphabets: Latin, Greek, and Cyrillic. Once again, the notes have to be updated to reflect this.

- Euro notes now depict a human form - the goddess Europa appears on the holographic security strip and in the watermark.

- The ECB says that it will redesign its notes at least every decade to prevent counterfeiting.

- A large number is now visible on both sides of the note, which will help the visually impaired.

The serial number of these two notes starts with "V" - this means that they were printed in Spain.

Got-My-New-Euros
Got-My-New-Euros

Got-My-New-Euros
Got-My-New-Euros
Edited by nalaberong
06/19/2015 12:56 am
Pillar of the Community
SilverStackerKid's Avatar
United States
6478 Posts
 Posted 06/19/2015  01:47 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Daannng. Those look nice!
Pillar of the Community
Germany
1238 Posts
 Posted 06/21/2015  12:47 pm  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply
The updated designs were/are done by Reinhold Gerstetter. If you compare them to what Robert Kalina created for the first series, the changes are obvious but not "fundamental": The characteristic parts of the designs, such as the basic colors and architectural styles, are still the same. But the colors are more intense for example, and the arches on the obverses are now enhanced by adding other parts of the building.

As for the ECB language versions, what I find a little strange is that, although the denominations have different years (as shown in your images), the Croatian "ESB" is still missing. Croatia became an EU member state on 1 July 2013, maybe too late for the fiver. But the €10 note, with the 2014 copyright date, could have been modified accordingly. The €20 design that I have seen does not show it either. Will be issued as from 25 November; we'll see ...

The Romanesque arch on the €10 suffers from too-much-ness, I think. ;) In the first series, Kalina designed a proper arch; Gerstetter added too many lines of tiles above. But he did a good job with the added exterior. Also, the "feel" of the new notes is a little different. The Europa notes have a lacquer layer which is supposed to make them more durable.

Those serial numbers on the reverse do indeed refer to the printer now. With the first generation notes, they indicated the national central bank that commissioned the production, but with the "pooling system" that did not make much sense anyway. The short code on the obverse provided information about the printing company; now it also tells you about the location of the printing facility.

Christian
Edited by chrisild
06/21/2015 12:48 pm
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