Tiffibunny Posted July 13, 2006 Report Share Posted July 13, 2006 http://en.rian.ru/russia/20060712/51273365.html Link to comment Share on other sites More sharing options...
gxseries Posted July 15, 2006 Report Share Posted July 15, 2006 How would such high denomination banknote reduce the number of counterfeit notes in circulation? Link to comment Share on other sites More sharing options...
tabbs Posted July 17, 2006 Report Share Posted July 17, 2006 How would such high denomination banknote reduce the number of counterfeit notes in circulation? Quite simply. Instead of having to produce fifty fake 1000 ruble notes, I would make only ten 5000 ruble notes. But 5000 rubles is not that much; about €150 ... Christian Link to comment Share on other sites More sharing options...
Art Posted July 17, 2006 Report Share Posted July 17, 2006 Perhaps because at that value people would be more cautious in accepting the notes and less prone to get stung. Link to comment Share on other sites More sharing options...
Tane Posted July 30, 2006 Report Share Posted July 30, 2006 Here's a picture of it. Looks nice Link to comment Share on other sites More sharing options...
tabbs Posted July 30, 2006 Report Share Posted July 30, 2006 Agreed, but why does it say "1997"? I understand it is part, or a continuation, of the series issued in 1997. But the denomination is new, right? Christian Link to comment Share on other sites More sharing options...
Scottishmoney Posted July 30, 2006 Report Share Posted July 30, 2006 Agreed, but why does it say "1997"? I understand it is part, or a continuation, of the series issued in 1997. But the denomination is new, right? Christian In Russia you have to put a date on notes to avoid confusions with all the revaluations over the years. When I was in Khabarovsk in 1991 and the 1991 dated notes were superseding the 1961 notes there was a lot of anxiety over whether the 1961 notes would be recalled in as in the past when new currency was released. Link to comment Share on other sites More sharing options...
tabbs Posted July 30, 2006 Report Share Posted July 30, 2006 Makes sense ... But then why not put "2006" on a note that was/is first issued in 2006? Christian Link to comment Share on other sites More sharing options...
Scottishmoney Posted July 30, 2006 Report Share Posted July 30, 2006 Then people get anxious about another currency revaluation, just like back in 1997, and 1961, 1947 etc. Link to comment Share on other sites More sharing options...
tabbs Posted July 31, 2006 Report Share Posted July 31, 2006 Uh-oh. No, we don't really want that to happen ... Came across another article which explains what is depicted on the note: http://english.newslab.ru/news/197451 (That language I understand a little better than Russian. ) Christian Link to comment Share on other sites More sharing options...
gxseries Posted August 1, 2006 Report Share Posted August 1, 2006 WOW. I just saw some features of the 5000 ruble note on NTB (don't ask me why Russian news airs here, and it was a coincedence that I flipped to that channel and saw it) Appearently the design and security of the 5000 ruble note seems to be almost similar to the 1000 ruble notes, and hence, counterfeiters could roughly countefeit such notes before release and using similar counterfeiting techniques. What foiled them was actually two criticial points, one of which was the UV hidden design in macro design and the alightment and security of the metallic thread. Those two technologies aren't too terribly new but fortunately that was what that foiled the counterfeiters - so much for them trying to release notes that wasn't before the issue date! Link to comment Share on other sites More sharing options...
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