3877) IBNS Banknote of the Year 2024, The predominantly pink $5 Banknote issued by the Bermuda Monetary Authority (BMA) in its “Same look, Smarter design” campaign was by far the winner of the 2024 IBNS Award:
The IBNS Banknote of the Year Award is an initiative of the IBNS to recognise an exceptional banknote issued each year.
IBNS Members can nominate a Banknote for the award by contacting the Banknote of the Year Co-Ordinator (banknoteoftheyear@theibns.org).
Banknotes nominated must have been issued to the public (specimens and non-circulating currencies are inelligble) 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. When nominating a note, please provide your reasons for nomination, and if possible, a scan of the front and back of the note. Nominations for the award will be accepted up to the 31st January of the following year.
Once nominations have closed, the winner was decided by a vote of the IBNS, who consider the artistic merit, design, use of colour, contrast, balance, and security features of each nomination.
The winner is announced at the the first IBNS Board meeting of the year.
Bermuda's 5-Dollar Note voted 2024 IBNS Bank Note Of Year:
The International Bank Note Society (IBNS) announced that its voting membership has for the second time selected the Bermuda Monetary Authority to receive its annual prestigious “Bank Note of the Year Award” for 2024.
With almost 100 new banknotes released worldwide during 2024, only 21 were deemed of sufficiently new design to be member nominated. Almost from the onset of voting the Bermuda $5 note was the overwhelming favorite.
Banknote of 2024 Nominations: Nominations closed 31st January 2025:
The International Bank Note Society (IBNS) announced that its voting membership has for the second time selected the Bermuda Monetary Authority 5-Dollar note to receive its annual prestigious “Bank Note of the Year Award” for 2024.
With almost 100 new banknotes released worldwide during 2024, only 21 were deemed of sufficiently new design to be member nominated.
Almost from the onset of voting the Bermuda $5 note was the overwhelming favorite.
The Bermuda Monetary Authority (BMA) “Oscar winning banknote” was printed by De La Rue on polymer substrate (Safeguard).
The Front of this predominantly pink $5 Banknote with purple highlights features a blue marlin, dolphins and tuna fish as well as a profile of new monarch King Charles III.
The Banknote was issued as part of the BMA’s “Same look, Smarter design” campaign which emphasised the increasing durability and security of Bermuda’s currency.
Although there is no watermark or security thread, other advanced security features include an Argentum tuna fish and enhanced Gemini patterns visible under UV light.
The tactile markings help the visually impaired to easily identify the Banknote which is signed by Donald Scott (as Chairman) and Karel Van Hulle (as Director).
The successful and colourful eye-pleasing design combines sport fishing with and an island motif.
The Runners Up:
The first runner-up was Japan’s 1,000 Yen note which features bacteriologist Kitasato Shibasaburo and “The Great Wave of Kanagawa.”
The secomnd Runners Up:
The second runner-up was China’s 20 Yuan Banknote which features dragons and children. Rounding out the top five vote getters were Philippines 500 Piso note (Visayan spotted deer/parrot), and
England’s 50 Pound note (King Charles III/Alan Turing).
From all significant newly designed and widely
circulated banknotes released in 2024, the IBNS
membership nominated notes from 21 different
countries to place on the ballot. Nominees
represented 4 different continents (Africa, Asia,
Europe and South America), Central America, the
Middle East, and 3 island nations.
Winners of recent IBNS Banknote of the Year competitions are all miniature works of art that represent their nation’s popular themes. These winners ideally help provide a superb template as countries consider how they eventually design and promote their own new banknotes. Polymer banknotes continue to be popular IBNS favorites and have become perennial award winners. Vertical orientation seems favored with 8 of the last 10 winners being vertically formatted.
Past “Bank Note of the Year” winners include East Caribbean States (2023), Philippines (2022), Mexico (2021 & 2020), Aruba (2019), Canada (2018), Switzerland (2017 & 2016), New Zealand (2015), Trinidad & Tobago (2014), Kazakhstan (2013, 2012 & 2011), Uganda (2010), Bermuda (2009), Samoa (2008), Bank of Scotland (2007), Comoros (2006), Faeroe Islands (2005) and Canada (2004).
The above IBNS Banknote of the Year 2024 is from the collection of Jayant Biswas. Post researched and compiled by Rajeev Prasad)
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
To view a few posts on previous Coin of the Year (COTY) winners, please visit the following links:
No comments:
Post a Comment