2019 new €100 and €200 euro banknotes – EUROPA series

2019 new €100 and €200 euro banknotes – EUROPA series

While the release of the new 100 and 200 euro banknotes is announced for the first half of 2019 (ECB Annual Report 2017), some information is beginning to be revealed on the last two denominations of the ES2 banknotes  series or “Europe type” series.

In all, three printers were responsible for printing these new denominations, including the Banque de France printing works in Chamalières and probably the Bundesdruckerei printing works of the German Central Bank.

Collectors should therefore find €100 and €200 banknotes with printer letters U, for the Banque de France and X, for the Bundesbank (“Bundesdruckere i”) in the long code of future €100 and 200 banknotes.

Chamalières, french paper money printing works facility

The Banque de France was also in charge of the “pilot” production of these new €100 and €200 notes of the “Europe type” series.

For 2018, the central banks of Estonia, the Netherlands, Finland, Luxembourg, Malta, Slovakia, Slovenia and Cyprus have formed a group which will sign a single public contract for the supply of banknotes to be supplied to the euro area by these countries for the year 2018.  For all these countries, there will therefore be only one banknote printer in charge of printing the new €100 and €200 banknotes.

It should be noted that for the second ES2 series, the Banque de France will print all denominations from 5 to 200 euro, whereas for the first series of euro banknotes, it was mostly limited to printing the lowest denominations from 5 to 50 euro. In 2017, the Banque de France produced 1.4 billion euro banknotes of all denominations.

Chamalières, french paper money printing works

Finally, the Banque de France paper mill is becoming an essential manufacturing center of banknote paper. It was spun off in 2015 under the name EUROPAFI. In 2017, the Banque de France still holds the majority of the share in EUROPAFI capital, but the central banks of Austria, Ireland, Italy and Portugal became in the same time shareholders in this subsidiary of the Banque de France.

VIC le COMTE, Banque de France paper mill

From now on, the banknote printing works in these countries or the printers in charge of producing the volume of banknotes to be issued by these countries will be supplied with banknote paper manufactured in Vic le Comte, in the Banque de France paper mill.

On the occasion of the communication campaign announcing the launch of the new banknotes, the ECB will recall that the Governing Council of the central banks of the euro system has endorsed the abandonment of  €500 banknotes production. However, these notes will continue to be legal tender in the euro area.

The ECB noted that the announcement of the end of the 500 euro banknotes production had led to a sharp increase in demand of 100 and 200 euro banknotes by European firms and households.

Signature of Mario DRAGHI willremain on the two last new kanknotes of Europa series.

Mario DRAGHI’s signature

ECB did communicate some datas concerning new €100 and €200 banknotes production.

2017
face value quantity of printed banknotes (millions) value (millions) NBC in charge of production
100 € 850 85 002 Germany Spain Austria
200 € 284 56752 Belgien Germany
2018
face value quantity of printed banknotes (millions) value (millions) NBC in charge of production
100 € 2300 230000 Germany Spain Austria France Italy Latvia Lithuania
200 € 715 143000 France Italy Austria

Production started late 2017. From these datas, we may suppose the first digit of new banknotes long code may be one of these, for each country banknotes issuing:

Country possible first digit – printing works digit
Germany R and/or W
Spain V
Austria N
Belgien Z, belgian pw closes its doors in 2020!
France U and/or E
Italy S
Latvia R and/or W
Lithuania R and/or W

Sources: Banque de France, ECB, NUMISMAG.

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