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Larger To Smaller Banknote Change?
Recently, I was buying a New Zealand Ten Shilling note. The Cook
version, from 1940 onwards. It was comfortably within my budget. But, I mentioned the earlier version of the Ten Shilling, with another design, from 1934-40. And, my dealer's assistant pulled one out. It was, shall we say, *not* in the same neighbourhood as my budget. Anyway, it was a "large" format note. Which I hadn't realised before. I think this was in roughly the same size as the earlier *bank* banknotes issued by banks in the 1920s/30s before the Reserve Bank took over. I seem to recall this as also being the period when the USA Federal Reserve notes downsized, as well. And perhaps some other places? So, this lead to one of my general musings... Why did "they" change the size of the notes? From the larger to the smaller? Did this happen in many places at around the same time? Thanks for any insight... -- Get Credit Where Credit Is Due http://www.cardreport.com/ Credit Tools, Reference, and Forum |
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