Banknote Reporter

Cut Notes Served Specific Purposes

NOTE: This article finishes our two-part review of cut notes of the world, which began in the December 2020 issue of Bank Note Reporter. The earlier part covered Colonial issues from Austria, Ceylon, Colombia, Cyprus and Fanning Island. Here we pick up with French Indo-China.

French Indo-China

My good friend Howard Daniel came through with this data. He wrote that during World War Two people were allowed to tear all Piastre and Cents notes into halves to make change. But to bring them to a bank for deposit, or to pay taxes, the halves had to be taped or glued together to resemble full notes.

Howard went on to say that many years after the war, the population was still tearing notes to make change. In the Republic of Viet Nam when

You’re reading a preview, subscribe to read more.

More from Banknote Reporter

Banknote Reporter2 min read
First Woman Named BEP Director
Patricia “Patty” S. Collins has been appointed 27th director of the Bureau of Engraving and Printing (BEP). She is the first woman to serve as director in the Bureau’s 162-year history. Collins brings decades of senior federal service to the role, in
Banknote Reporter1 min read
Subscribe Today
1 YEAR | $ 24.98 (12 huge issues) That’s right. Try Bank Note Reporter today and discover America’s most reliable and authoritative paper money monthly. Each issue is filled to the brim with the valuable information you need to pursue your collecting
Banknote Reporter4 min read
$10 18-Subject Intermediate Size Plate Serial Number 1597 Backs
The focus of this article is intermediate size back plate serial number 1597 on $10 1950A, B, and C FRNs, a variety that few people know about because nothing much has been written about it. Decades ago, someone pointed out 1597 on the back of a $10

Related Books & Audiobooks