Banknotes Currently in Circulation
The HKMA issues the 10-dollar note and the other three banks issue denominations of 20 (blue), 50 (green), 100 (red), 500 (brown) and 1000 (gold) dollars.
In September 2009, Standard Chartered Bank issued the world's first 150-dollar denomination banknote. Approximately 750,000 notes were sold at above face value, in various combinations and presentations, as a commemorative charity issue. Although legal tender, the notes are unlikely to enter circulation, due to their rarity and expected higher re-sale value.
From the 13–20 February 2012, Hong Kong's Bank of China will be taking orders for a new 100-dollar note to commemorate the bank's 100th anniversary. Although legal tender, the notes aren't intended for circulation. 1,100,000 notes will be sold as numismatic products packaged in a folder for HK$150. An additional 100,000 sets of three uncut notes in a folder for HK$600. Finally, 20,000 uncut sheets of 30 notes each will be sold for HK$6,000 each. Profits from the sale of the notes will be donated to charitable organizations in Hong Kong.
Read more about this topic: Banknotes Of The Hong Kong Dollar
Famous quotes containing the word circulation:
“There is probably not more than one hundred dollars in cash in circulation today. That is, if you were to call in all the bills and silver and gold in the country at noon tomorrow and pile them on the table, you would find that you had just about one hundred dollars, with perhaps several Canadian pennies and a few peppermint Life Savers.”
—Robert Benchley (18891945)