Hong Kong new 500-dollar notes confirmed


According to a press release from the Hong Kong Monetary Authority, the HKMA and the three note-issuing banks (Standard Chartered Bank (Hong Kong) Limited, The Hongkong and Shanghai Banking Corporation Limited, and Bank of China (Hong Kong Limited) introduced new 500-dollar (US$64.20) banknotes of the new 2010 series on 22 February 2011.

The new 1,000-dollar notes entered circulation on 7 December 2010, and the other three denominations of 20, 50, and 100 dollars are scheduled for release sometime between late 2011 and early 2012. All other banknotes currently in circulation will continue to be legal tender.

The new note feature enhanced security, including a green-to-gold OVI SPARK patch, a magenta-to-green windowed security thread with demetalized HK, a multi-tonal bauhinia flower watermark with electrotype denomination numeral and dot pattern, a perfect registration device with two fluorescent colors visible under UV light, and fluorescent vertical serial numbers.

Courtesy of Vincent Tan.

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