Arabian Peninsula regional catalog of The Banknote Book is now available

 The Banknote Book Arabian Peninsula cover

The Arabian Peninsula regional catalog of The Banknote Book is now available for sale at US$39.99, a 38% discount off the normal cost of puchasing the component chapters separately.

This catalog is also available as a printed paperback book from Lulu.

This 102-page catalog covers every note (593 types and varieties, including 108 notes unlisted in the SCWPM) issued by the Arabian Peninsula countries of Arab Republic of Yemen, Bahrain, Democratic Republic of Yemen, Kuwait, Muscat and Oman, Oman, Qatar, Qater & Dubai, Saudi Arabia, South Arabia, United Arab Emirates, and Yemen. Published 1 February 2013.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote Book
If you collect the entire world or a large number of countries, buying a $99 annual subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the next 12 months.

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Oman new 5- and 10-rial notes confirmed

According to an article in the Oman Daily Observer dated 12 February 2012, the Central Bank of Oman has introduced new 5- and 10-rial notes (US$13 and $26, respectively) with upgraded security features, which will circulate in parallel with existing notes—B27 (P39) and B28 (P40)—of the same denominations. Based upon the 40th NATIONAL DAY inscription on the back of these notes, it appears they are commemoratives.



CBO B33 (PNL): 5 rials (US$13)
Red. Front: Khanjar (dagger); crown as registration device; Sultan Qaboos University building with clock tower; Sultan Qaboos bin Said; coat of arms with crossed swords and khanjar (dagger); main entrance of the CBO headquarters. Back: Nizwa buildings; 40th National Day logo; crown. varifeye thread and windowed security thread with demetalized 5 RIALS. Watermark: Sultan and electrotype 5. Printer: (G&D). 153 x 76 mm.
a. 1431 H / 2010 G. Signature 2. Intro: Feb. 2012.



CBO B34 (PNL): 10 rials (US$26)
Brown. Front: Urn; crown as registration device; Salalah Tower; palm trees; Sultan Qaboos bin Said coat of arms with crossed swords and khanjar (dagger); main entrance of the CBO headquarters. Back: Muttrah Fort and town with harbor; 40th National Day logo; crown. varifeye thread and windowed security thread with demetalized 10 RIALS. Watermark: Sultan and electrotype 10. Printer: (G&D). 160 x 76 mm.
a. 1431 H / 2010 G. Signature 2. Intro: Feb. 2012.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned on BanknoteNews.com.

Courtesy of Thomas Krause and Hartmut Fraunhoffer.

Oman new 50-rial commemorative note confirmed

On 9 January 2012, the Central Bank of Oman issued a new 50-rial (US$130) note to commemorate the 40th National Day (18 November), the day Sultan Qaboos bin Said overthrew the restrictive rule of his father in 1970. It is also the sultan’s birthday.

The statement issued by CBO pointed out that this new banknote shall be in circulation as legal tender along with the existing banknotes, which shall continue to remain legal tender, and circulated side by side with these new notes. The common and security features on the front of the upgraded issue are portrait of His Majesty Sultan Qaboos bin Said with the facsimile signature of His Majesty on the lower part of the note, watermark of His Majesty portrait on the left side of the note, the national emblem (Khanjar) on top of the note, the Central Bank of Oman in Arabic on top of the note, serial numbers on right and left side of the note, denomination in Arabic on the right and left sides of the note, recognition feature for the blind and vertical security thread in the middle of the note.

The back of the note includes the Central Bank of Oman in English on top side of the note, denomination in English on right and left side of the note and the 40th National Day logo.

The security features on the front of the note represent in intaglio portrait of His Majesty Sultan Qaboos bin Said, twin step window, holographic element (Main Entrance of the Central Bank of Oman), tactile feature for the blind, color-shift / color fix magnetic windowed security thread, micro lettering, three dimensional mould - made watermark portrait, perfect see through register, electrotype watermark and spark OVMI feature.


CBO B35 (PNL): 50 rials (US$130)
Purple. Front: Crown; crown as registration device; Ministry of Finance and Economy building; Sultan Qaboos bin Said; Mirani Fort; coat of arms with crossed swords and khanjar (dagger); main entrance of the CBO headquarters. Back: Cabinet building; Ministry of Commerce and Industry building; 40th National Day logo; crown. varifeye thread and windowed security thread with demetalized 50 RIALS. Watermark: Sultan and electrotype 50. Printer: (G&D). 174 x 76 mm.
a. 1431 H / 2010 G. Signature 2. Intro: Feb. 2012.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned on BanknoteNews.com.

Courtesy of Nazir Rahemtulla, Thomas Krause and Hartmut Fraunhoffer.

Oman chapter of The Banknote Book is now available

Oman cover

The Oman chapter of The Banknote Book is now available for individual sale at US$9.99, and as a free download to subscribers.

At the time of initial publication, this 12-page catalog covers every note (78 types and varieties, including 10 notes unlisted in the SCWPM) issued by the Oman Currency Board in 1972, and the Central Bank of Oman from 1976 until present day.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote Book
If you collect the entire world or a large number of countries, buying a $99 annual subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the next 12 months.

Subscribe
Sign up for Email Notifications
If you would like to receive email notifications whenever a new chapter of The Banknote Book is published, please join the email list.

Sign up

Oman new 20-rial commemorative confirmed


B44 (PNL): 20 rials (US$52)
Blue, yellow, and purple. Front: Coat of arms with crossed swords and khanjar (dagger); Grand Mosque; Sultan Qaboos bin Said; main entrance of the CBO headquarters. Back: Royal Opera House building; 40th National Day logo; coat of arms. varifeye thread and windowed security thread with demetalized 20 RIALS. Watermark: Sultan and electrotype 20. Printer: (G&D). 167 x 76 mm. 1431 H / 2010 G. Signature 4. Intro: 22.11.2010.

Courtesy of Kai Hwong and Thomas Augustsson.

Gulf Cooperation Council agrees to single currency

According to a Gulf News article dated 16 December 2009, Gulf Cooperation Council (GCC) leaders concluded their annual two-day summit with an agreement to form a monetary union, paving the way for a single currency for Bahrain, Kuwait, Qatar, and Saudi Arabia; Oman and the United Arab Emirates opted out. A monetary council is to be established in early 2010, and will transition into a central bank, which will eventually issue a single currency, though no timeline was announced.

Courtesy of Amirali Somji.

Six Arab states plan to issue unified currency in 2010

The Gulf Cooperation Council (GCC), consisting of six Arab states — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates — plans to issue a unified currency in 2010.