Friday, April 17, 2009

Biggest banknote in the world

Now here is one banknote which is much more suitable for framing up on the wall than using it for a purchase goods thanks to its staggering size and value as well as its denomination.Its even in the Guiness Book of Records.Info on the money and the event on the money.

Front-"Cry of Pugadlawin", when about 1,000 Filipino patriots led by Andres Bonifacio gathers in Pugadlawin, on august 23, 1896. They tore up their Spanish-issued residence certificates and yelled "Long live the Philippines", signalling the start of a revolt against Spain

Back-proclamation of the Philippine Declaration of Independence in Kawit, Cavite on June 12, 1898
Size-356mm x 216mm(8.5 by 14 inches)

The note was issued in1998 during the Centennial of Philippine Independence to mark centennial of independence from more than 300 years of Spanish colonial rule.The note is also accredited by the Guinness World Records as the world's largest legal tender note in terms of size.

Produced in Germany, the banknote has 21 security features making it very hard to counterfeit. Only 1,000 of these notes were issued. Originally offered to collectors at a pre-issue price of 180,000 Piso ($4175), its current catalog value is $3500. On release, this collector's item was sold at P180,000.
The profits were used to fund events for the June 12 1998 centennial celebration Today, it is worth many times more.

Andres Bonifacio y de Castro(Nov 30,1863-May 10,1897) ), son of Santiago Bonifacio and Catalina de Castro, was a Filipino revolutionary leader and one of the main rebel leaders of the Philippine Revolution against Spanish colonial rule in the late 19th century.
He is regarded as the "Father of the Philippine Revolution" and one of the most influential national heroes of his country.A freemason Bonifacio was the founder of the Katipunan organization which aimed to start an independence movement against Spain.In the end,He was summarily tried then executed promptly at a mountain in Maragondon, Cavite for treason by rival Emilio Aguinaldo

A little about the Republic of The Philippines
Capital-ManilaPopulation-90.5million(2008 estimate)12th
Religion-Predominantly Christian,Islam and others
National anthem-Lupang Hinirang(Chosen Land)
Motto-Maka-Diyos, Makatao, Makakalikasan, at Makabansa
(For God, For People, For Nature and For Country)
The name Philippines and its Spanish counterpart, Filipinas, are derived from the name of Phillip 2, the King of Spain in the late 16th century.Spanish explorer Ruy Lopez de Villalobos used the name Las Islas Filipinas in honor of the then-Crown Prince during his expedition to the Philippines.First colonized by the Spanish,then the Americans followed by the Japanese in WW2 and then the Americans again.Philippines was granted independence in 4 July 1946 by USA(The same date as the American Independence)

"The one who uses the note will have a hard time finding a wallet huge enough to put it in and the one who receives the note will have a hard time finding enough change to be returned to the customer"

No comments: