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Nelson Mandela Bank notes

31 July 2013, 13:53

The first time I heard about Nelson Mandela bank note being issued in South Africa I said to myself this is the greatest honour South Africa has ever made for the former president. When you read about its security features on the papers, one can say that the designers really took their time on making it. It is a beautiful note to look at it, the picture of Nelson Mandela chosen just looks great. In fact I like the smile of him on the picture. The colours used are magnificent, one can say it took the designers three years to match the them.

5 (five) months after the release, I started noticing something not good about the bank note. If you look at the paper used to make the bank note, it looks like a fake paper. The paper gets tired so easy and so fast. If you compare the Nelson Mandela bank note with the old bank note, one can hardly tell which bank note is released last year November. The Nelson Mandela bank note looks too old than the old bank note.

The other thing I noticed is the security features, they do not match the standard described on the papers. Let's look at the security thread for example, it comes out so easy, like they have use a cheap tape to make it. In some bank notes your car key can get in between the thread and the money. And that say that there is something wrong with the bank note.

Reserve bank claims that it is because of the circulation and that surprised me a lot. Do they mean that a 5 (five) months old bank note may have circulated more than 2 (two) years old bank note? I doubt that could have happened. I sometimes ask myself this question, do the reserve bank employees, the designers and Gill Marcus, use cash money when they buy? If they do, they would have noticed this and rectified it long ago.

I am urging the Reserve Bank to go back to the drawing board to look and/or work on these bank notes again. If they leave it like this, they will keep on issuing new bank notes every 5 (five) months. 

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