EuroBillTracker

Fundamental wrote:

Senior wrote:@ bhoeyb:

I suppose that's just because you don't enter enough notes. Maybe you're just to slack? Making a bit more effort with EBT would definitely enlarge your chances on a Trichet note.
Greetings,

Senior

:lol: yeah, that might be the reason :lol:

He only has to make sure _all_ euro notes spent in the world go through his hands.

bhoeyb wrote:I still didn't find any.

I think the lady in the Belgian National Bank told us that Belgium has still a big supply of Duisenberg notes kept in stock and therefore would not need to pass Trichet notes intoi circulations soon. Do I remember that correctly?

Fundamental wrote:

Senior wrote:@ bhoeyb:

I suppose that's just because you don't enter enough notes. Maybe you're just to slack? Making a bit more effort with EBT would definitely enlarge your chances on a Trichet note.
Greetings,

Senior

yeah, that might be the reason

I have got my second (F006/N) and my third (J011/S)Trichet note today. I'll spend them during the next days, so try to find them, I want my first hit.

I have found my first Trichet bill today! It is a €500/R007/X-bill.

Elmo wrote:I have found my first Trichet bill today! It is a €500/R007/X-bill.

A new one !!!!!!

Gauss wrote:

bhoeyb wrote:I still didn't find any.

I think the lady in the Belgian National Bank told us that Belgium has still a big supply of Duisenberg notes kept in stock and therefore would not need to pass Trichet notes intoi circulations soon. Do I remember that correctly?

Exactly, but she also said that ECB might send some other notes like bbhoeyb M/V-notes proove. I didn't quite understand all because she said that national banks ask notes from ECB and ECB sends whatever notes it has but still BNB has lots of Duisenberg (T/Z?)-notes

aplfi wrote: Exactly, but she also said that ECB might send some other notes like bbhoeyb M/V-notes proove. I didn't quite understand all because she said that national banks ask notes from ECB and ECB sends whatever notes it has but still BNB has lots of Duisenberg (T/Z?)-notes 8O

I'd guess the NCBs order the notes to their stocks from the central bank. So, the NCBs still have the stocks, the difference is that the stocks are now filled differently.

What I find interesting is that in each country most of the notes have the serial letter of the country itself.
It should be so that in all countries the diffusion would be exactly the same and most of the serials would begin with an X.
I don't understand why it isn't this way. Just because of the stocks? How huge are they?

Just got my first Trichet note yesterday in Dublin - serial beginning with T2573xxxxxxx & K005xx on a €10 note. Is there a reason why the signatures look like random scribbles?! I thought the name began with a J from attempting to read it...

My first Trichet of F/N series. Has been passed on already...

byrnefm wrote:Is there a reason why the signatures look like random scribbles?! I thought the name began with a J from attempting to read it...

J yes, from Jean-Claude Trichet, I suppose... Otherwise it seems to be quite indecipherable His personal touch

byrnefm wrote:Just got my first Trichet note yesterday in Dublin - serial beginning with T2573xxxxxxx & K005xx on a €10 note.

I got my first Trichet in Tallinn, Estonia (4.9.) . It was brand new , also an Irish note, 10 €/ T2551xxxxxx / K005xx .

It has been a glorious weekend! The interview, new Belgian users, 2 hits .... and my first Trichet note . It's a brand new 10€ -F006- imported from Austria (so not found in Belgium). I'll keep it for a while, I think.

Dakkus wrote:What I find interesting is that in each country most of the notes have the serial letter of the country itself.

In case of X, I guess that the Bundesbank has still a lot of notes in reserve and tries to print new notes only of denominations that will be needed in Germany some time. I could imagine that Bundesbank issues more or less only X-notes.

Dakkus wrote:It should be so that in all countries the diffusion would be exactly the same and most of the serials would begin with an X.

The allocation of who prints which denomination is based to a large extent on the share the national banks have in issue of banknotes (which depends on the share the NCB's have in the ECB which depends on the size of the national economy). X has about 27%, U 19% etc. up to 92% for all 12 EUR-countries and 8% for the ECB itself. Therefore, X will try to print roughly a quarter of all notes (by number of pieces, not by value).

Dakkus wrote:I don't understand why it isn't this way. Just because of the stocks? How huge are they?

In the beginning, 14.89 billion notes were printed, 10 billion for circulation and the rest for the reserve. Then another 1.91 billion notes (5-100 EUR) were printed for the Central Reserve, of which 1.43 billion notes went into the Strategic Reserve while 0.48 billion notes were delivered to the NCB's.

The NCB's have their own Logistical Reserves to replace unusable notes, fill in seasonal needs (at X'mas more cash is needed!) and to optimize the transport of notes between NCB's. The ECB has a Strategic Reserve to fill in unexpected needs or to buffer in case of production difficulties.

The Strategic Reserve amounts to 30% of the value of banknotes in circulation (which was 449.7 billion EUR on 2004-06-30 on 8,845.5 billion pieces) kept in 100-500 EUR-notes, plus 20% of the number of circulating 5-50 EUR-notes (which were 7,609.2 billion pieces on 2004-06-30 with value 205.3 billion EUR) kept in these denominations.

bhoeyb wrote:and my first Trichet note . It's a brand new 10€ -F006- imported from Austria (so not found in Belgium). I'll keep it for a while, I think.

I spend both of my Trichet-notes on the same day as receiving the notes.