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Friday, August 20, 2010

Costa Rica new 20,000-colon note delayed due to error

Costa_Rica_new_note
According to an article on alDiá, Banco Central de Costa Rica had planned to issue a new 20,000-colon (US$38.70) note on 11 August 2010. This is the first denomination in an entirely new family of banknotes that will replace the existing issues. 10 million notes will be enter circulation initially, with 20 million notes held in reserve for future use.

Orange. Front: María Isabel Carvajal (Carmen Lyra); fox and hare; map. Back: Moor; Chispita hummingbird; flowers; rabbits. Motion windowed security thread and solid security thread. Watermark: María Isabel Carvajal. Printer: (Oberthur Technologies). 153 x 67 mm.

According to an article on Inside Costa Rica, bank officials have indefinitely delayed the introduction due to an error on the small map printed with optically variable ink (OVI) on the front of the note. The error has been discovered on at least 150 notes, and more are being examined to determine the extent of the problem.

1 comment:

  1. Costa Rica is an excellent country to invest in real estate its economy is very stable,
    being a peaceful country and have their exuberant nature makes it much
    more attractive costa rica best investment in your life!!

    ReplyDelete