2304) 50 Peso Banknote issued by the Banco de Mexico is the winner of the 2021 International Bank Note of the Year Award (IBNS):
The International Bank Note of the Year (IBNS Award):
The International Bank Note Society (IBNS) Banknote of the Year Award is an initiative of the IBNS to recognise an exceptional Banknote issued each year. IBNS was founded in 1961 as a nonprofit organization dedicated to the study of bank notes. The IBNS competitions began in 2004.
The IBNS announced that the voting membership had selected the 50 Peso Banknote issued by the Banco de Mexico to receive its annual prestigious "Bank Note of the Year Award" for 2021.
Nominations for the 2021 Award closed on 31.01.2022.
Among the criteria for the nominated Banknotes is that the Banknotes should have been issued to the public (specimens and non-circulating currencies are ineligible) for the first time during the year of the award, and must have artistic merit and/or innovative security features, and be in general circulation.
Banknotes are judged and the winner decided by a vote of the IBNS, who considers the artistic merit, design, use of colour, contrast, balance and security features of each nomination.
The IBNS Banknote of the Year Award is an initiative of the IBNS to recognise an exceptional Banknote issued each year.
The 2021 IBNS Competition Award winner - the 50 Peso Banknote from Mexico:
With well over 100 new Banknotes released worldwide during 2021, only 23 from 22 countries, were deemed of sufficiently new design to be member nominated. The finalists were the only ones considered new enough for a position on the ballot.
The winner of the IBNS 2021 Competition was the 50 Peso Banknote issued by the Banco de Mexico.
Interestingly, Mexico’s 100-peso Banknote had won the award for 2020.
The IBNS described the vote between first and second place in this year’s voting process as “nip and tuck,” unlike most years when there has been a clear favorite from the start.
It was only as the voting period came to a close on March 20, 2022 that the Mexican issue secured enough votes to edge out -
Sao Tome and Principe’s 200-dobra bill with slave leader Rei Amador, butterflies, a sunbird, and a flower, which won second place in IBNS voting.
- There was a dead heat for third place between Costa Rica’s 10,000-colon Banknote featuring José Figueres Ferrer, the abolition of the army, a rain forest, flora and a sloth, and
the Bank of England’s £50 note featuring Alan Turing and his World War II code-breaking computer.
Rounding out the top eight were Romania’s 20-lei note (country heroine with crocus), the Royal Bank of Scotland’s £50 note (social reformer Flora Stevenson, flowers and birds), China’s 20-yuan note (2022 Winter Olympics), and the Cook Islands $3 note (Ina riding a shark, fishing canoe and carved wood statue).
About the winner of the IBNS-2021 Award:
The voting membership of the International Bank Note Society (IBNS) has named the 50 Peso Banknote printed by Banco de Mexico, as the winner of its annual “Bank Note of the Year Award” for the second year in a row.
The Banco de Mexico was both the printer and issuer of the winning Banknote, in the bank’s current G Series introduced in 2018.
The polymer Banknote is mainly purple in color, printed in a vertical format on both sides, and is 125.00 mm by 65.00 mm in size. It made its debut on 28.10.2021.
The vertical format note is printed on polymer and features Tenochtitlan, the capital of the Aztec empire.
The Banknote was printed by the Banco de Mexico’s new printing complex located in Jalisco, which began operation just before the Chinese Wuhan Virus pandemic, the banknote has significantly improved security features which coordinate the transition to a polymer substrate.
Polymer banknotes continue to be popular IBNS favourites and are now perennial award winners.
On the Back the 50 Peso Banknote the Banknote design of all notes in the G Series highlights one of the country’s ecosystems. In this case it is lakes and waterways with a scene of a river, a Mexican salamander (the ajolote, or axolotl in English) found in Mexico's ecosystem of lakes and waterways and a corn field in Xochimilco, Mexico City, a UNESCO world cultural heritage site.
The design continues to highlight Mexican cultural and historic characteristics with new graphic motifs and improved security features.
On the Front the 50 Peso Banknote is featured a scene of Tenochtitlan, the capital of the Aztec empire from Diego Rivera’s mural, La Gran Tenochtitlan, and an eagle standing on a cactus with the “Atltlachinolli,” the Aztec symbol for war, in its beak.
It is taken from a fragment of the monolith known as Teocallide la Guerra Sagrada, a monolithic pre-Columbian miniature of an Aztec temple.
For the IBNS "Banknote of the Year Award" winner posts on this blog, please visit the following links:
5) 100 Levs Banknote from Bulgaria, wins the prestigious "Regional Banknote of the Year Award 2019"
6) Viola Desmond, Civil Rights Activist & the first Canadian woman to feature on a circulation Banknote: A $10 Polymer vertically oriented Banknote issued by Bank of Canada on 19.11.2018 is the 2018 IBNS Banknote of the Year
6) Viola Desmond, Civil Rights Activist & the first Canadian woman to feature on a circulation Banknote: A $10 Polymer vertically oriented Banknote issued by Bank of Canada on 19.11.2018 is the 2018 IBNS Banknote of the Year
Rajan Trikha has commented:
ReplyDelete"Good incentive for designer currency 👍👍"
The Banknotes which get the first three spots are much sought after Collector pieces, Trikha sahab. Over time they command a hefty premium because of their innovative design/security features. It is a very interesting hobby.
DeleteRajan Trikha has further commented:
DeleteYou are keeping us also involved with your interesting and informative write-ups.