Georgia 500-lari note information sought


While working on the Georgian chapter of The Banknote Book catalog, the authenticity of the above pictured 500-lari note dated 1995 came into question. The SCWPM lists this as Pick 60, without image, and indicates the note was unissued. The National Bank of Georgia makes no mention of this note on its site, although this denomination is listed in the annual report of 1998, which shows zero such notes in circulation, so it appears the denomination was anticipated but unissued for some reason. I’ve also been told that the note may have been issued for intrabank transactions only.

UPDATE: The National Bank of Georgia has confirmed that the 500-lari banknote was never in circulation nor sold for numismatics and that it is used only for souvenir purposes.

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