07.13.08

Hong Kong’s New Currency

Posted in Hong Kong, Money / Banks, Olympics at 17:14 by Mul

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Hong Kong (via the Bank of China HK) announced its own commemorative Olympic currency on Friday. Beginning next Wednesday, branches of the Bank of China in Hong Kong will be selling four million (just over three million available to the public) commemorative Olympic-themed HKD20 bank notes. Later, the notes will be sold at the HK Olympic equestrian venue. As with the mainland bank notes, the Hong Kong notes feature the bird’s nest stadium and the Beijing Olympic logo. The notes will be sold at a significant mark-up, meaning we will never, ever see these in circulation. There are five different packages of single note or sheets available with super impressive sounding names and auspicious price points:

  • Radiant Joy (Single HKD Note) at HKD138 per set (that is a nearly seven time mark-up!);
  • Triumphant Spirit (4-in-1 Uncut HKD Notes) at HKD338 per set;
  • Brilliant Jubilation (35-in-1 Uncut HKD Notes) at HKD1,388 per set;
  • Harmonious Union (a package of one HKD Note and one MOP Note) at HKD268 per set; and
  • United Pleasure (a package of 4-in-1 Uncut HKD Notes and 4-in-1 Uncut MOP Notes) at HKD868 per set.

That last name needs to be reconsidered. I’m just sayin’. And just in case you had any funny ideas about choosing auspicious notes, there will be no selection of serial numbers allowed.

Mul NOTES: Curious what MOP stands for? ODB was.  MOP = Macau Pataca, the legal tender of our neighbors in the Macau SAR.

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2 Comments »

  1. ODB said,

    July 13, 2008 at 23:45

    So MOP is a Macau Pataca? strange, the letter O does not appear in the word Macau or the word Pataca…

    Here’s another one:

    Why is The China Internet Network Information Center called the CNNIC when it should be called the CINIC?

  2. China Journal : Best of the China Blogs: July 14 said,

    July 15, 2008 at 18:14

    […] Kong is also getting its own commemorative Olympic currency. But unlike in mainland China, where anyone willing to wait on line for many hours could simply […]

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