Week 646 It's Friday!

[Jennifer F.]

Q: The Seychelles Monetary Authority redesigned the country’s banknotes in 1979 with a vertical back design, but a batch of these notes was almost lost forever prior to their introduction. What happened to these notes and which denomination were they?

 

 

Our first place winner will receive a coupon for 1 note graded under the Standard grading tier. (You must have an active account with PMG,call PMG for details) There will also be a runner up prize given to someone with the correct answer.

 

REMINDER: The Numisma-Quest ends on Saturday at midnight EST. Entries after that time will not be valid. See the Trivia info post for more details.

 

Good luck everyone and have a great weekend!

[Coindude]

The “bank note mystery” tells the story of the country’s original R100 banknote of November 1979.It was withdrawn from circulation on February 25, 1980 and demonetized when the second consignment of notes, worth 4.5 million pounds sterling went missing after the Greek freighter carrying it sank. Some notes reappeared fifteen years later, in 1994, believed to have been washed ashore and also caught in the fishermen’s nets off the coast of Dorset in England!

[ddr70-migration]

It's the mystery of the R100 (100 Seychelles Rupees) of 1979. The “bank note mystery” is the story of the country’s original R100 banknote of November 1979. It was withdrawn from circulation on February 25, 1980 and demonetized since a second consignment of notes worth 4.5 million pounds sterling went missing after the Greek freighter (The Aeolian Sky) carrying it sank. Some notes reappeared fifteen years later, in 1994, believed to have been washed ashore and also caught in the fishermen’s nets off the coast of Dorset in England!

 

see: http://www.virtualseychelles.sc/index.php/culture/book-reviews/history-of-paper-currency-in-the-seychelles

 

also see: MV The Aeolian Sky at http://en.wikipedia.org/wiki/MV_Aeolian_Sky

 

enjoy!

[dan8402]

The “bank note mystery” tells the story of the country’s original R100 banknote of November 1979.It was withdrawn from circulation on February 25, 1980 and demonetized since a second consignment of notes worth 4.5 million pounds sterling went missing after the Greek freighter carrying it sank. Some notes reappeared fifteen years later, in 1994, believed to have been washed ashore and also caught in the fishermen’s nets off the coast of Dorset in England!

[Thane]

From the website "virtual Seychelles" -

 

The “bank note mystery” tells the story of the country’s original R100 banknote of November 1979.It was withdrawn from circulation on February 25, 1980 and demonetized since a second consignment of notes worth 4.5 million pounds sterling went missing after the Greek freighter carrying it sank. Some notes reappeared fifteen years later, in 1994, believed to have been washed ashore and also caught in the fishermen’s nets off the coast of Dorset in England!

 

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[my notes]

R100 = 100 rupees. The color was red.

 

That's a great story. The things that can happen when you outsource your currency :-)

 

[Jennifer F.]

Q: The Seychelles Monetary Authority redesigned the country’s banknotes in 1979 with a vertical back design, but a batch of these notes was almost lost forever prior to their introduction. What happened to these notes and which denomination were they?

 

A: A 10,000 ton Greek cargo vessel named Aeolian Sky sank after it collided with a West German cargo vessel named Anna Knueppel in the English Channel on November 3, 1979. It was estimated that the 100 rupee notes were worth around 60,000,000 rupees. However, over the next three months, many of the notes were recovered by fishermen and locals in nearby Dorset, England. However, as late as 1996, notes were still turning up, as evidenced by two notes for sale as part of the estate for a farmer in Somerset, over 50 miles north of Dorset.

 

Thanks to everyone who participated this week and congratulations to our winners, Coindude and ddr70.

 

Have a great week everyone!