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IBNS Journal 64-1

includes articles on Jewels of African Art, Napoleon's Forgery Of Russian Empire Assignats, Different Materials Used To Make Banknotes, Ghost Banknote Issue of Cuba, Unknown Polymer Test Note of Brazil, New Issues and Chapter News

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Bermuda's 5-Dollar Note voted 2024 IBNS Bank Note Of Year

The International Bank Note Society (IBNS) announces 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.

BMU 5 Front
BMU 5 Back

The Bermuda Monetary Authority (BMA) “Oscar winning banknote” was printed by De La Rue on polymer substrate (Safeguard). The front of this predominantly pink note with purple highlights features a blue marlin, dolphins and tuna fish as well as a profile of new monarch King Charles III. The back of the vertically designed note combines butterflies, flora, Horseshoe Bay, and a boat passing beneath Somerset Bridge.

The note was issued as part of the BMA’s “Same look, Smarter design” campaign which emphasized 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 note which is signed by Donald Scott (as Chairman) and Karel Van Hulle (as Director). 

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The International Bank Note Society (IBNS) was founded in 1961. It operates as a non-profit educational organization and in furtherance of such purpose, its objectives are to promote, stimulate, and advance the study and knowledge of worldwide banknotes and paper currencies and all matters related thereto along educational, scientific and historical lines. Currently the IBNS has over 2,000 members in more than 90 countries.

Members enjoy a number of benefits: a quarterly printed journal containing information on new issues and learned studies on paper money, a membership directory with contacts and dealers to further their collections, professional assistance in the unpleasant event of controversy between collectors, and many other useful tools.

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IBNS Journal 56 1
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