Sunday, August 16, 2009
SPECIMEN BANKNOTE OF CHILE ALL 00000000
MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @
A specimen banknote is printed to as a way of checking to see whether or not the design is suitable for putting into full production as a currency issue.
Sometimes, specimen banknotes are printed for distribution to central banks to aid in the recognition of banknotes from a country other than their own.
Specimen notes have no legal tender status but have been used world-wide by issuing authorities to give a clear indication of the design. They only differ from normal circulation notes in that they are overprinted, which invalidates them as currency. Some types have either no serial numbers or all zeros even though several hundred of those notes might have been produced. In Australia, specimen notes have been issued for presentation to VIP's as well as reference material for major banks, commercial agencies and libraries. Most are very rare with small mintages, and because they have not entered into geeneral circulation, are of a very high quality – two key factors that have made them increase rapidly in value and will always make them popular to both investors and collectors.