EN Cuhaj E., Standard Catalog of World Paper Money. General Issues 1368-1960.12th Edition.pdf

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©2008 Krause Publications
Published by
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brief passages in a critical article or review to be printed in a magazine or
newspaper, or electronically transmitted on radio, television, or the Internet.
ISSN 1538-2001
ISBN-13: 978-0-89689-730-4
ISBN-10: 0-89689-730-3
Designed by Sally Olson
Edited by George Cuhaj
Printed in the United States of America
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I NTRODUCTION AND T ABLE OF C ONTENTS 3
Introduction
Welcome to this twelveth edition of the Standard Catalog
of World Paper Money, General Issues – 1368 to 1960 . The
scope of this volume is world paper money from the earliest
known Chinese notes (1368) to issues circulating in 1960,
though some later issues appear to complete a series or offer
the reader material one would hope to find within this work.
The general 1960 cut-off was done to better keep pace with
the ever increasing ‘modern’ listings and keep current in
major price fluctuations by splitting off issues since 1961
into their own annual volume – the Standard Catalog of
World Paper Money, Modern Issues – 1961 to present .
For the ease of identification, notes are listed under their
historic country name and/or the name as it appears on the
banknote. Notes of a particular bank are listed in date order
and then grouped in ascending denomination order. In the
cases of countries where more than one issuing authority is in
effect at a single time, follow the bank headings in the list-
ings and it will become apparent if that country’s listing is by
date or alphabetical by issuing authority. In the cases where a
country has changed from a kingdom to a republic all the
banknotes of the kingdom’s era would be listed before that of
the republic’s.
worthless due to hyper-inflation, early high denomination
notes are extremely difficult to locate, especially in choice to
uncirculated grades of preservations.
The development of widespread collector interest in paper
money of most nations were long inhibited by a near total
absence of adequate documentary literature. No more than
four decades ago collectors could refer to only a few catalogs
and dealer price lists of limited scope, most of which were
incomplete and difficult to acquire, or they could build their
own knowledge through personal collecting pursuits and con-
tact with fellow collectors.
The early catalogs authored by Albert Pick chronicled
issues of Europe and the Americas and were assembled as
stepping stones to the ultimate objective which became real-
ity with publication of the first Standard Catalog of World
Paper Money in 1975. That work provided collectors with
near complete listings and up-to-date valuations of all
recorded government note issues of the 20th century, incor-
porating Pick’s previously unpublished manuscripts on
Africa, Asia and Oceania, plus other earlier issues.
This completely revised and updated twelfth edition pre-
sents a substantial extension of the cataloging effort initiated
in 1975 and revised in succeeding editions. As the most com-
prehensive world paper money reference ever assembled, it
fully documents the many and varied legal tender paper cur-
rency issued circulated by nearly 300 past and current gov-
ernments of the world from 1368 to 1960.
Falling within the scope of this General Issues volume are all
legal tender issues circulated under the auspices of recognized
national governments and their banking agents, including notes
which enjoyed wide circulating in their respective countries.
Exceptions are the multitudinous notes of the German states
and cities, especially those of the World War I and postwar
period to 1923, and the vast category of Chinese local issues
and similar limited-circulation issues of other countries.
An Invitation
Users of this catalog may find a helpful adjunct is the
Bank Note Reporter, the only monthly newspaper devoted
exclusively to North American and world paper money. Each
issue presents up-to-date news, feature articles and informa-
tion – including appearances of the World Paper Money
Update on the latest world paper money releases and discov-
eries. Listings in these presentations are all keyed to the stan-
dard Catalog numbering system utilized in this catalog.
Purchasers of this catalog are invited to subscribe to the Bank
Note Reporter. Requests for a sample copy should be
addressed to Bank Note Reporter, 700 East State Street, Iola,
WI 54990-0001
Table of Contents
Introduction .............................................................................3
Acknowledgements .................................................................4
Country Index..........................................................................5
How To Use The DVD ............................................................6
Issuer and Bank Index .............................................................8
How to Use This Catalog.......................................................20
IBNS Grading Standards .......................................................22
International Bank Note Society ...........................................23
Standard International Grading Terminology
and Abbreviations.................................................................. 24
Dating ....................................................................................25
Banknote Printer Abbreviations ............................................26
Specimen Notes .....................................................................26
Chart of Months.....................................................................27
International Numerics Guide ...............................................28
International Numeral Systems .............................................29
Hejira Date Conversion Chart ...............................................30
Country Listings—Afghanistan thru Zanzibar...................... 31
DVD of catalog ............................................. inside back cover
A review of paper money collecting
Paper money collecting is undoubtedly nearly as old as
paper money itself, this segment of the numismatic hobby did
not begin to reach a popularity approaching that of coin col-
lecting until the later half of the 1970’s. While coins and
paper money are alike in that both served as legal obligations
to facilitate commerce, long-time paper money enthusiasts
know the similarity ends there.
Coins were historically guaranteed by the intrinsic value of
their metallic content – at least until recent years when virtu-
ally all circulating coins have become little more than legal
tender tokens, containing little or no precious metal – while
paper money possesses a value only when it is accepted for
debts or converted into bullion or precious metals. With many
note issues, this conversion privilege was limited and ulti-
mately negated by the imposition of redemption cut-off dates.
Such conditions made collecting of bank notes a risky
business, particularly with notes possessing a high face
value. This is why in most instances, except where issued
were withdrawn shortly after release or became virtually
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4 C OUNTRY I NDEX
Country Index
Afghanistan ...................................................... 31
Albania ............................................................. 35
Algeria.............................................................. 40
Andorra ............................................................ 48
Argentina .......................................................... 56
Australia ........................................................... 68
Austria .............................................................. 76
Azerbaijan ........................................................ 99
Bahamas ......................................................... 102
Barbados......................................................... 106
Belgian Congo................................................ 107
Belgium .......................................................... 114
Benin ............................................................ 1211
Bermuda ......................................................... 128
Bohemia & Moravia....................................... 130
Brazil .............................................................. 141
British Caribbean Territories.......................... 158
British Guiana ................................................ 159
British Honduras ............................................ 160
British North Borneo...................................... 162
Burkina Faso ................................................ 1211
Burma ............................................................. 178
Cameroun ....................................................... 188
Canada............................................................ 189
Cape Verde..................................................... 198
Ceylon ............................................................ 202
Chile ............................................................... 208
China .............................................................. 221
Colombia ........................................................ 362
Confederate States of America....................... 382
Cook Islands ................................................... 390
Costa Rica ...................................................... 390
Cote d’Ivoire ................................................ 1210
Croatia ............................................................ 402
Cuba ............................................................... 404
Cyprus ............................................................ 417
Czechoslovakia .............................................. 420
Dahomey .............................................. 429, 1211
Danish West Indies ........................................ 430
Danzig ............................................................ 432
Demerary & Essequebo.................................. 159
Dominican Republic....................................... 446
East Africa...................................................... 450
East Germany ................................................. 583
Ecuador .......................................................... 454
Egypt .............................................................. 457
El Salvador ..................................................... 465
England .......................................................... 590
Estonia............................................................ 469
Ethiopia .......................................................... 475
Faeroe Islands................................................. 477
Falkland Islands ............................................. 479
Fiji .................................................................. 480
Finland............................................................ 487
France ............................................................. 496
French Equatorial Africa................................ 517
French Guiana ................................................ 521
French India ................................................... 523
French Indo-China ......................................... 525
French Oceania............................................... 537
French Somaliland ......................................... 539
French Sudan.................................................. 542
French West Africa ........................................ 543
Georgia ........................................................... 548
German East Africa........................................ 549
German New Guinea ...................................... 553
German South West Africa ............................ 554
Germany ......................................................... 555
Germany, Democratic Republic ..................... 580
Germany, Federal Republic ........................... 583
Ghana ............................................................. 587
Gibraltar ......................................................... 588
Gilbert and Ellice Islands ............................... 589
Great Britain ................................................... 590
Greece ............................................................ 601
Greenland ....................................................... 623
Grenada .......................................................... 627
Guadeloupe .................................................... 628
Guatemala....................................................... 633
Guernsey......................................................... 638
Guinea ............................................................ 642
Haiti ................................................................ 644
Hawaii ............................................................ 655
Hejaz............................................................... 658
Honduras ........................................................ 658
Hong Kong ..................................................... 663
Hungary .......................................................... 681
Iceland ............................................................ 698
India................................................................ 703
Indonesia ........................................................ 714
Iran.................................................................. 724
Iraq.................................................................. 735
Ireland............................................................. 740
Ireland, Northern ............................................ 924
Irish Republic ................................................. 746
Isle of Man...................................................... 749
Isles of France and Bourbon........................... 752
Israel ............................................................... 754
Italian East Africa........................................... 758
Italian Somaliland........................................... 759
Italy................................................................. 760
Ivory Coast ........................................... 769, 1201
Jamaica ........................................................... 770
Japan ............................................................... 772
Jersey .............................................................. 784
Jordan ............................................................. 785
Katanga........................................................... 788
Kiau Chau ....................................................... 789
Korea .............................................................. 790
Korea, North ................................................... 922
Korea, South ................................................. 1081
Kuwait ............................................................ 795
Lao .................................................................. 796
Latvia .............................................................. 798
Lebanon .......................................................... 804
Leeward Islands.............................................. 809
Liberia ............................................................ 810
Libya............................................................... 811
Liechtenstein .................................................. 813
Lithuania......................................................... 813
Luxenbourg .................................................... 817
Macau ............................................................. 823
Madeira Islands .............................................. 831
Madgascar ...................................................... 827
Malaya ............................................................ 831
Malaya & British Borneo ............................... 835
Maldives ......................................................... 836
Mali ...................................................... 837, 1211
Malta............................................................... 837
Martinique ...................................................... 840
Mauritania .................................................... 1211
Mauritius ........................................................ 845
Memel............................................................. 847
Mexico ............................................................ 849
Moldova.......................................................... 856
Monaco ........................................................... 856
Mongolia ........................................................ 857
Montenegro .................................................... 859
Morocco.......................................................... 867
Mozambique ................................................... 872
Nepal .............................................................. 878
Netherlands..................................................... 880
Netherlands Antilles ....................................... 890
Netherlands Indies .......................................... 890
Netherlands New Guinea................................ 900
New Caledonia ............................................... 901
New Hebrides ................................................. 907
New Zealand................................................... 909
Newfoundland ................................................ 906
Nicaragua........................................................ 911
Niger ............................................................. 1212
Nigeria ............................................................ 921
North Korea .................................................... 922
North Viet Nam ............................................ 1201
Northern Ireland ............................................. 924
Norway ........................................................... 929
Oceania ...........................................................937
Pakistan...........................................................937
Palistine...........................................................940
Panama............................................................941
Papua New Guinea .........................................941
Paraguay .........................................................942
Peru .................................................................952
Philippines ......................................................958
Poland .............................................................968
Portugal...........................................................984
Portuguese Guinea ..........................................994
Portuguese India .............................................995
Puerto Rico .....................................................999
Qatar & Dubai............................................... 1001
Reunion......................................................... 1002
Rhodesia & Nyasaland ................................. 1005
Romania ........................................................ 1006
Russia............................................................ 1018
Rwanda - Burundi......................................... 1043
Saar ............................................................... 1044
Saint Helena.................................................. 1045
Saint Lucia ....................................................1045
Saint Pierre et Miquelon ............................... 1046
Saint Thomas and Prince .............................. 1047
Samoa ...........................................................1213
Sarawak......................................................... 1049
Saudi Arabia ................................................. 1051
Scotland ........................................................ 1053
Senegal................................................ 1065, 1212
Serbia ............................................................ 1066
Seychelles .....................................................1069
Sierra Leone.................................................. 1071
Slovakia ........................................................ 1071
Slovenia ........................................................ 1073
Solomon Islands............................................ 1074
South Africa.................................................. 1074
South Korea .................................................. 1081
South Viet Nam ............................................ 1083
Southern Rhodesia ........................................ 1085
Southwest Africa .......................................... 1086
Spain ............................................................. 1088
St. Croix ..........................................................430
St. Thomas ......................................................431
Straits Settlements ........................................ 1101
Sudan ............................................................ 1103
Suriname ....................................................... 1105
Sweden.......................................................... 1110
Switzerland ................................................... 1119
Syria .............................................................. 1126
Tahiti............................................................. 1133
Tangier .......................................................... 1135
Tannu Tuva ................................................... 1136
Texas............................................................. 1137
Thailand ........................................................ 1139
Tibet .............................................................. 1149
Timor ............................................................ 1150
Togo .............................................................. 1212
Tonga ............................................................ 1152
Transnistria ................................................... 1153
Trinidad & Tobago .......................................1154
Tunisia .......................................................... 1155
Turkey...........................................................1159
Turks & Caicos Islands................................. 1169
Ukraine ......................................................... 1170
United Kingdom .............................................590
United States of America.............................. 1175
Upper Senegal & Niger ................................1189
Upper Volta .................................................. 1211
Uruguay ........................................................ 1190
Uzbekistan ....................................................1197
Venezuela .....................................................1199
Viet Nam, North ........................................... 1201
Viet Nam, South ........................................... 1083
West African States ...................................... 1209
West Germany ................................................580
Western Samoa .............................................1213
Yugoslavia ....................................................1214
Zanzibar ........................................................ 1223
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A CKNOWLEDGEMENTS 5
Acknowledgements
The contributions to this catalog have been many and varied, and to recognize them all would be a volume in itself. Accordingly, we
wish to acknowledge these collectors, scholars and dealers in the world paper money field, both past and present, for their specific
contributions to this work through the submission of notes for illustration, improved descriptive information and market valuations.
Alex Abezgauz
James Adams
Esko Ahlroth
Jan Alexandersson
Walter D. Allan
Carl A. Anderson
Jorge E. Arbelaez
Donald Arnone
Emad Ateya
Norman Athy
David August
Keith Austin
Cem Barlok
William L. S. Barrett
Adriaan C. F. Beck
Michel Becuwe
Milt Blackburn
Ed Bohannon
Joseph E. Boling
Angus E. Bruce
Colin R. Bruce II
Mahdi Bseiso
Weldon D. Burson
Lance K. Campbell
David Carlson
Larry Casey
Robert Clark
Arthur D. Cohen
Scott E. Cordry
Guido Crapanzano
Ray Czahor
Jehangir B. Dalal
Howard A. Daniel III
Anthony L. della Volpe
Michel Dufour
Louis Di Lauro
Arnoldo Efron
Wilhelm Eglseer
Esko Ekman
Theo F. A. van Elmpt
Ricardo Faillace
Jack G. Fischer
Guvendik Fisekcioglu
Luis H. Flores
Edward Feltcorn
W. A . F r i c k
Brian Giese
Illan Glasner
Lee Gordon
Rajni Gupta
Ray Hackett
Edmond Hakimian
Allan Hauck
Flemming Lynbeck Hansen
Len Harsel
James A. Haxby
William G. Henderson
Gene Hessler
Anton Holt
Armen Hovsepian
Louis Hudson
Mikhail Istomin
Kishore Jhunjhunwalla
Alex Kaglyan
Olaf Kiener
Josef Klaus
Tristan Kolm
Chester L. Krause
Michael Kvasnica
Samson Kim Chiu Lai
Michael Lang
David Leong
Claire Lobel
Rudi Lotter
L. K. Loimaranta
Alan Luedeking
Stu Lumsden
Dennis Lutz
Ma Tak Wo
Martan MacDevitt
Rolf Marklin
Ranko Mandic
Ian A. Marshall
John T. Martin
Arthur C. Matz
Ali Mehilba
Donald Medcalf
Lazar Mishev
Michael Morris
Arthur H. Morowitz
Jon Morowitz
Richard Murdoch
Ta nj u M u t lu
Colin Narbeth
Son Zuan Nguyen
Geoffrey P. Oldham
Julian Papenfus
Frank Passic
Antonio E. Pedraza
Juan Pena
Albert Pick
A.A.C. de Albergaria
Pinheiro
To ny Pi sci o tt a
Laurence Pope
Rick Ponterio
Miguel A. Pratt-Myans
Michel Prieur
Ya h y a J . Q u r e s h i
Nazir Rahemtulla
Kavan Ratnatunga
Beate Rauch
Andrew Rekay
John Rishel
Alistair Robb
Manuel Rodriguez C.
Rudolph Richter
William M. Rosenblum
Michel Saade
Alan Sadd
Karl Saethre
Milton Arguedas Salas
Wolfgang Schuster
Michael Schone
Hartmut Schoenawa
Carlton “Fred” Schwan
Alan Sealey
Timothy R.G. Sear
David Seelye
Christian Selvais
Joel Shafer
Brian A. Silsbee
Ladislav Sin
Larry Smulczenski
Gary Snover
Mauricio Soto
Daryl Spelbring
Lee Shin Song
Jimmie C. Steelman
Jeremy Steinberg
Mel Steinberg
Tim Steiner
Zeljko Stojanovic
Roger B. Stolberg
Mark Strumph
Alim A. Sumana
Peter Symes
Imre Szatmari
Ricardo de Leon Tallavas
Steven Tan
Reiny Tetting
Alphons Thoele
Mark Tomasko
Anthony Tumonis
Jan Vandersande
Michael Vort-Ronald
Ludek Vostal
Pam West
Stewart Westdal
Trevor Wilkin
Heinz Wirz
Yu C h i e n H u a
Joseph Zaffern
Christof Zellweger
INSTITUTIONS AND SOCIETIES:
American Numismatic Association
American Numismatic Society
International Bank Note Society
Smithsonian Institution
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