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World Paper Money: New 100 and 200 Euro Banknotes to Enter Circulation May 28

New euro banknotes from the European Central Bank (ECB) …..

  • The new 100 and 200 euro banknotes will be put into circulation on May 28, 2019.
  • They incorporate new innovative safety features, namely the satellite hologram and the enhanced emerald number.
  • With these cuts of 100 and 200 euros, the series “Europe” will be complete.
  • Euro banknotes are used in the nineteen countries of the euro area by 338 million people and represent a total face value of over € 1,216 billion for just over 22 billion notes in circulation.

The new 100 and 200 euro banknotes are equipped with new innovative security features. As with other denominations, it is very easy to check new bills with the “touch, look and tip” method.

At the top of the silver band, a satellite hologram shows small euro symbols (€) gravitating around the number and becoming brighter under direct light. The silver band also contains the portrait of Europe, the architectural motif and a larger symbol of the euro (€) large. The new 100 and 200 euro banknotes also incorporate an advanced emerald number. Unlike the emerald number already present on all other denominations of the series “Europe”, this improved version shows symbols of the euro (€) in the figures indicating the face value of the ticket.

The size of the new 100 and 200 euro banknotes is different from that of the first banknotes of the first series. These two cuts have indeed the same height as the ticket of 50 euros, while they keep the same length as currently: the longer the notes are, the higher their face value is. Cuts of 50, 100 and 200 euros with the same height will be easier to handle and can be processed more efficiently by machines. Their size will also be better suited to portfolios; they will have a longer life because they will be less prone to wear and tear.

In addition to the safety signs visible to the naked eye, euro banknotes also carry signs that can be read by machines. These have been improved on the 100 and 200 euro denominations and new security features have been added to allow for fast processing and authentication. All euro banknotes will remain, with the passage to new cuts of 100 and 200 euros, extremely well protected against counterfeiting. Euro banknotes become even safer and easier to check and manipulate.

The Eurosystem, composed of the ECB and the 19 national central banks of the euro area, has helped manufacturers and holders of processing machines and ATMs in their preparations for the release of the new cuts.

The new notes of 100 and 200 euros and their security features are presented on the website of the ECB: http://www.ecb.europa.eu/.

Concerning the notes denominated from 5 to 500 euros of the first series, they will keep their legal tender status. They will, therefore, continue to be used as a means of payment and a store of value. Merchants (banks, CIT companies, bureaux de change, etc.) are allowed to recirculate these notes.

The notes of the first series may still be exchanged with the national central banks of the Eurosystem for an unlimited period.

Coinweek is the top independent online media source for rare coin and currency news, with analysis and information contributed by leading experts across the numismatic spectrum.

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