The Royal Mint has revealed the new high-tech 12-sided British one pound (£1) coin. The coin is made of two metals. The gold-colored outer ring is made of nickel-brass, while the silver inner ring is made of nickel-plated alloy. The old coin is made of nickel-brass and is all gold-colored. The mint claims that one… Continue reading The New 12-sided One Pound Coin
The new British polymer five pound notes have the ability to play vinyl records. A video posted on YouTube by Michael Ridge has shown he was able to play a song for ABBA – Money, Money, Money on his record player using the new five pound note as a needle.
The Reserve Bank of Australia has released a new five dollar banknote into circulation, with new features designed to make them harder to forge and easier for vision impaired to use. The note also comes with a number of features, such as a translucent mid-section, a bird flapping its wings and text changing color as… Continue reading The New Australian Five Dollar Banknote
The Japanese government will launch a new system that enables tourists to use fingerprints to verify their identities and to purchase goods and services. According to Japan News, Over 300 souvenir shops, restaurants, hotels and other establishments have signed up to participate in the experiment. Set to be tested this summer, the fingerprint system is part… Continue reading Tourists could soon use their fingerprints as currency in Japan
Chinese artist He Peixi created a spectacular model of Southwest China’s Chongqing city out of 50,000 coins. Peixi spent two hours a day for a month piling up both ancient and modern coins from 11 different currencies to replicate the city’s landmarks, bridges, and other buildings.
The new Kuwaiti money started circulating on June 29, 2014, and are now available through bank machines allover Kuwait. Almost everyone wanted to get a hold of the new colorful banknotes. However, in some places like small stores and gas stations, workers are not notified by their company to accept the new currency, In fact, they were rejected because they thought it was… Continue reading New Kuwaiti Money Finally Here
The Central Bank of Kuwait unveiled the new sixth issue of Kuwaiti banknotes on Monday, May 19, 2014. The bank announced that the new issue will be in circulation from June 29, 2014. As previously posted, the new banknotes will replace traditional paper notes with the plastic polymer “polymer material”, which can survive heat, humidity… Continue reading CBK Unveils the New Kuwaiti Currency
Kuwait is planning to replace traditional paper notes with the plastic notes “polymer material”, which can survive heat, humidity and dust. While The Bank of England is still skeptical, four months ago (June 11th), the central bank of Kuwait made a contract with De La Rue to print the new currency, taking into consideration aesthetic and security criteria by providing the… Continue reading Kuwait New Plastic Cash