Category Archives: ECB

Euro Banknote Counterfeiting Remained Low in 2022

By the European Central Bank (ECB) …… 376,000 counterfeit euro banknotes withdrawn from circulation in 2022, second-lowest level ever in proportion to total banknotes in circulation Around two-thirds of withdrawn counterfeits were €20 and €50 banknotes Authenticity of euro banknotes verified using “feel, look, and tilt” method * * * Some 376,000 counterfeit euro banknotes […]

The post Euro Banknote Counterfeiting Remained Low in 2022 appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.

Continue Reading on CoinWeek

Euro Banknote Counterfeiting at Historically Low Level in 2021

By European Central Bank (ECB) …… 347,000 counterfeit euro banknotes withdrawn from circulation in 2021, a historically low level in proportion to banknotes in circulation About two-thirds of total withdrawn counterfeits were €20 and €50 banknotes Euro banknotes remain a trusted and safe means of payment The authenticity of euro banknotes can be verified using […]

The post Euro Banknote Counterfeiting at Historically Low Level in 2021 appeared first on CoinWeek.

Continue Reading on CoinWeek

Euro Banknotes to be Redesigned by 2024

By European Central Bank ….. ECB expects to select new euro banknote designs by 2024 ECB to seek the opinion of the public Multidisciplinary group to advise Governing Council on new themes The European Central Bank (ECB) plans to redesign euro banknotes, working with European citizens in a process that is expected to lead to […]

The post Euro Banknotes to be Redesigned by 2024 appeared first on CoinWeek.

Continue Reading on CoinWeek

World Paper Money – Euro Banknote Counterfeiting Remained Low in 2nd Half 2019

By European Central Bank ……   308,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2019 Over 70% of those counterfeits were €20 and €50 banknotes Euro banknotes continue to be a trusted and safe means of payment All euro banknotes can be verified using the “feel, look and tilt” method […]

The post World Paper Money – Euro Banknote Counterfeiting Remained Low in 2nd Half 2019 appeared first on CoinWeek.

Continue Reading on CoinWeek

World Paper Money – Euro Banknote Counterfeiting Decreased Further 1st Half 2019

By European Central Bank …… 251,000 counterfeit euro banknotes were withdrawn from circulation in the first half of 2019 Over 80% of those counterfeits were €20 and €50 banknotes Euro banknotes continue to be a trusted and safe means of payment All euro banknotes can be verified using the “feel, look and tilt” method Some […]

The post World Paper Money – Euro Banknote Counterfeiting Decreased Further 1st Half 2019 appeared first on CoinWeek.

Continue Reading on CoinWeek

Europa-euro-series-image

European Union ECB reports lower levels of counterfeit banknotes intercepted from circulation

The European Central Bank has released (26th July) their latest statistics about the level of counterfeit banknotes intercepted in circulation, with the ECB reporting a decrease of 4.2% compared to the second half of 2018, and 16

Continue reading on Coin Update News

EUR-500-montage

European Union: European Central Bank announces discontinuation of €500 banknotes

The European Central Bank (ECB) has announced that as of the 27th January 2019, 17 of the current 19 members of the euro-zone will no longer issue or distribute the €500 denomination banknote. The ECB has confirmed that both the Austrian National Bank and the German Bundesbank will however continue to both print and distribute the discontinued denomination until the 26th April in order to ensure a smooth transition and for logistical reasons

Continue reading on Coin Update News

World Paper Money – Euro Banknote Counterfeiting Remains Low 2nd Half 2017

By European Central Bank ….. 363,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2017 Around 85% of the counterfeits were €20 and €50 banknotes All euro banknotes can be verified using the “feel, look and tilt” method Euro banknotes continue to be a trusted and safe means of payment Some […]

The post World Paper Money – Euro Banknote Counterfeiting Remains Low 2nd Half 2017 appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for December 1, 2017: Take a Knee, Not Elon, the Red Kettle

By Coinweek …. CoinWeek News Wire for December 1, 2017 Brain Food 1.) Vasilopita – An Important Greek Celebration for New Year Vasilopita literally means St. Basil’s Cake, which contains a hidden coin baked inside. This “New Year’s Cake” is a highly esteemed Orthodox tradition worldwide, having its origins in the 4th century… 2.) History […]

The post CoinWeek News Wire for December 1, 2017: Take a Knee, Not Elon, the Red Kettle appeared first on CoinWeek.

Continue Reading on CoinWeek

World Coin News – Finland Issues Nature 2 Euro Circulating Commem

By Mint of Finland …… The second commemorative two-euro coin of Finland’s centenary was launched on 21 October 2017. The special coin pays tribute to Finland’s nature and is a part of the Finland 100 program celebrating the centenary of Finland’s independence. Like the silver Finnish Nature collector coin, the special coin will also take […]

The post World Coin News – Finland Issues Nature 2 Euro Circulating Commem appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for October 6, 2017: Australia 5 Cent, Money Evolves, Wu-Tang Clan…

By Coinweek …. CoinWeek News Wire for October 6, 2017: Brain Food 1.) INFOGRAPHIC: 58 Insane Facts About Bitcoin You probably have heard a lot of people talking about Bitcoin recently, so you’ll want to save this infographic via BitcoinPlay.net to learn what Bitcoin is, when it started, and who uses this cryptocurrency the most… […]

The post CoinWeek News Wire for October 6, 2017: Australia 5 Cent, Money Evolves, Wu-Tang Clan… appeared first on CoinWeek.

Continue Reading on CoinWeek

Weaker Dollar Helps Lift Gold Price

By Everett Millman – Gainesvillecoins.com …… The precious metals were higher again on Tuesday, buoyed by a continued slump for the U.S. dollar. Spot gold was trading above $1,240/oz in the morning, more than 0.5% in the green. The Platinum Group Metals were slightly above unchanged. Spot silver added 11¢ (almost 0.7% higher) to reach […]

The post Weaker Dollar Helps Lift Gold Price appeared first on CoinWeek.

Continue Reading on CoinWeek

Precious Metals & Bullion Commentary – Gold Weaker as Rate Hike Looms

Commentary for Tuesday, March 7, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $9.40 at $1,216.10 on Tuesday and if you haven’t been watching let’s just say the gold trade is getting heavier. It’s not necessarily the dollar although the buck is strong – the Dollar […]

The post Precious Metals & Bullion Commentary – Gold Weaker as Rate Hike Looms appeared first on CoinWeek.

Continue Reading on CoinWeek

Precious Metals Markets – Gold Continues to Hold Steady

Commentary for Tuesday, February 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed virtually unchanged today down $0.20 at $1,238.90. It lost ground in early trading and at one point reaching $1,227.00 before turning around – gaining back its lost ground despite a strong Dollar Index which […]

The post Precious Metals Markets – Gold Continues to Hold Steady appeared first on CoinWeek.

Continue Reading on CoinWeek

International Euro Anti-Counterfeiting Conference Held March 24-27

By The European Central Bank, Directorate of General Communications…. The European Central Bank, Europol and the European Commission jointly organised the 3rd International Conference on the Protection of the Euro against Counterfeiting. The conference was held at the ECB’s new headquarters in Frankfurt am Main from 24 to 27 March 2015 and was the first […]

The post International Euro Anti-Counterfeiting Conference Held March 24-27 appeared first on CoinWeek.

Continue Reading on CoinWeek