Mr Euro wrote:They can reproduce old notes with the same serialnumber if the old bill is not worth circulating.
Where did you read this?
There will be no replacement notes in Euroland.
Notes are printed in sheets, not in single notes. If one note would be printed with the same serial number, there would be a whole sheet of duplicate serial numbers.
Computers can reproduce more different serials on the same sheet, it doesn't have to be a numeric line. They have to keep the balance between amount of bills for each country. By reprinting this is the only way to do it.
thomas wrote:
Mr Euro wrote:This means that there is another printer (another shortcode) and I guess probably another year too, but the serial stays the same....
The printing of notes is commissioned by an NCB to a printer 1 with the specification: print 40 mio notes using serial number 230,000,001 to 280,000,000, and to printer 2 ordering: print 15 mio notes using the range 310,000,001 to 330,000,000. What should a replacement order look like?
Just a list of serial numbers to reprint I guess.
They can't just replace an old bill by a new one or get more bills on the market when there is a need for it.. This could distabilize the economy!!!
Mr Euro wrote:They can reproduce old notes with the same serialnumber if the old bill is not worth circulating.
Where did you read this?
There will be no replacement notes in Euroland.
Notes are printed in sheets, not in single notes. If one note would be printed with the same serial number, there would be a whole sheet of duplicate serial numbers.
Computers can reproduce more different serials on the same sheet, it doesn't have to be a numeric line. They have to keep the balance between amount of bills for each country. By reprinting this is the only way to do it.
Not to sound pushy, but where did you get this info?
In theory computers can print single serial numbers, but the printing process uses heavy metal numbering machines, 120 for one 6x10-sheet. To set each pair of that machines to an arbitrary serial number for one sheet - that is thinkable but highly hypothetical.
I remember I read it somewhere and I stunned me, that's why I remember it so well. If you look closely to any bill, you can see that the serial number is printed later on.
The destablizing of the economy was one of my first lessons economy. If you print more bills, the value will lower....
Keep the year. One can sort the notes by year before entering them in the future. Yes, still possible to make mistake, maybe there could be a "standard year" on advanced page as there's postal code now.
Tiger wrote:I don't expect 2003 notes to circulate that soon, the majority will stay 2002 (at least in the beginning of 2003).
Maybe that can change soon. Belgium is already importing Spanish M-printed V-notes. Looks like they already need new 20E's . I hope they have lots printed in 2002. Otherwise, it'll be 2003 very soon.
bhoeyb wrote:Belgium is already importing Spanish M-printed V-notes. Looks like they already need new 20E's . I hope they have lots printed in 2002. Otherwise, it'll be 2003 very soon.
The 20 EUR-note is the most "popular", the initial production was 3.4063 billion, 2002 production 1.555 billion and 2003 production will be another 1.0711 billion notes.
They are issued in 2002 by L (Finland), S (Italy), U (France) and V (Spain), while in 2003 by M (Portugal), P (Netherlands), U, V and X (Germany).
thomas wrote:
As far as I know, there will be no notes with copyright year '2003'. The next (mini-)redesign of the notes will be when Wim Duisenberg resigns the ECB presidency and his successor has to "sign" the notes.
Thomas
As far as *I* know, Wim *will* resign in 2003...
eurocrator
I have noticed that every note of 20 canadian dollars have been made in 1991. The 5$ bills have been made in 1986, etc...
So, I guess there won't be new euro-bills of each value every year. The stocks of the European Centra Bank might be important. They have already underestimated the need of coins...
I just imagine there will be a new printing wave when the 10 candidates for the membership will join the eurozone.
. I hope they have lots printed in 2002. Otherwise, it'll be 2003 very soon.