Banknote Terminology Guide

ABM Test Note: A special imitation note created for testing automatic banking machines (ABMs).

Allied Military Currency (AMC): Money issued by Allied military authorities (USA, UK, Russia, and France) during and after World War II in countries like Austria, Denmark, France, Germany, Italy, and Japan.

Back: The reverse side of a banknote.

Block Number: A number for a batch or sequence of notes.

Cancellation: Marks on withdrawn notes, done through methods like punch holes, perforation, cutting, overprinting, stamping, or writing.

College Currency: Imitation notes used for educational training purposes by schools and colleges.

Commemorative Issue: A banknote released to commemorate an event or person.

Counterfoil: A connected stub paper on a note, retained by issuers for record-keeping.

Counterfeit (Forgery): An illegal imitation of a genuine note.

Date: Usually, the issuance date of the note or the date of official currency authorization.

Dating: Conversion of various dating systems to the Christian calendar (AD) for common reference. For example:
• Christian calendar (AD): AD
• Mohammed calendar (AH): AH +579
• Solar calendar (SH): SH +621
• Monarchic Solar calendar (MS): MS -559
• Diorama Samvat calendar (VS): VS -57
• Saka calendar (SE): SE +78
• Buddhist calendar (BE): BE -543
• Bangkok calendar (RS): RS +1781
• Chula-Sakarat calendar (CS): CS +638
• Ethiopian calendar (EE): EE +8
• Jewish calendar (JS): JS -3760
• Korean calendar (KS): KS -2333

Demonetized Notes: Paper money officially withdrawn from circulation and no longer redeemable.

Emergency Notes: Local or private notes issued during emergencies, such as shortages of coins, banknotes, inflation, war, or political instability.

Engraved Printing (Intaglio): A printing method that uses engraved plates for three-dimensional characters.

Errors: Common errors on paper money include design, printing, numbering, and cutting errors.

Face: The front side of a banknote, usually with signatures and numbers.

Fantasy Notes: Completely invented or concocted notes.

Foxing: Yellow-brown aging stains on paper.

Guilloche: A geometric design printed as a security feature.

Haj Pilgrim Notes: Banknotes issued exclusively for pilgrims in another country.

Hansatsu: Japanese Government, local, or private paper money issued approximately from 1660 to 1875.

Hell Money: Fantasy notes used by Chinese for burial purposes.

Japanese Invasion Money (JIM): Paper money issued during World War II by Japan for occupied countries.

Lithography (Offset): A surface printing method using thin, flat layers of ink.

Local Notes: Notes issued by local authorities.

Military Payment Certificates (MPC): US military notes issued for overseas US military personnel from 1946-1973.

Notgeld: German emergency money.

Notaphily: The study and collection of paper money and similar substitutes made from paper, plastic, cloth, wood, leather, etc.

Catalog Number: Reference numbers used in various cataloging systems.

Pin Holes: Tiny holes from pins or staples, often from old accounting processes.

Prisoner of War (POW) Notes: Notes issued for use in POW camps.

Private Notes: Notes issued by private organizations, companies, or individuals.

Promotional Note: A special print issued by printers, organizations, or private individuals as a souvenir, advertisement, or promotion.

Proof: Whole or partial designs of notes printed for checking details.

Propaganda Notes: Facsimile notes printed with propaganda messages, often during wartime.

Remainders: Original notes leftover from the printing process, usually without signatures, numbers, or dates.

Replacement Notes: Notes printed to replace damaged ones during the printing process.

Reprint: Notes printed from original plates, often years later.

Russian Occupation Notes: Russian-issued currency for occupied countries during and after World War II.

Scripophily: The study and collection of stock certificates, bonds, and fiscal documents.

Short Snorter: Banknotes signed by soldiers, often taped together, especially during World War II.

Siege Notes: Emergency money issued during a city’s siege.

Specimens: Samples of banknotes distributed to banks for familiarization, often with overprints or special numbers.

Stamp Currency: Semi-stamps, revenue, or post stamps used as emergency money.

Unfinished Note: A note partially printed.

Validation: Adding handstamps, adhesive stamps, or perforations to a note for new validation.

Watermark: A pattern in the paper created during manufacturing.

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