Hashtag: #CurrencyAndCoins

Gold Cup: Withdrawing 20,000 From The ATM

Gold Cup: Withdrawing 20,000 From The ATM

[Written by Don Burgess, who is reporting from Costa Rica] After I cleared Costa Rican customs, I got my my bags and my first task was to get some cash. Costa Rica’s base unit is the Colon, which is named for Cristobol Colon [Christopher Columbus]. I had done my research on the conversion rate prior to arriving, but a slightly harrowing immigration... Read more of this article

Dr Worrell Suggests Caribbean Move To US Dollar

Dr Worrell Suggests Caribbean Move To US Dollar

A leading Caribbean economist has suggested that the islands “permanently retire” their currencies, and move to the US dollar. “Caribbean currencies served a crucial purpose when they were first introduced, but they have now become a nuisance in today’s digitised world”, Barbados-born economist Dr. DeLisle Worrell said, adding... Read more of this article

Heron Bay Students Learn About Numismatics

Heron Bay Students Learn About Numismatics

Students from Ms. Wales’ P4 class at Heron Bay Primary School recently visited the Bermuda Monetary Authority for a lesson in Bermuda’s currency and tour of the Authority’s Museum of Notes and Coins. The presentation and tour were conducted by Ms. Tessa Ingham, Analyst in the BMA’s Finance and Currency Department. The BMA explained, “Numismatics... Read more of this article

Police Advisory: Counterfeit Bermuda $50 Notes

Police Advisory: Counterfeit Bermuda $50 Notes

The police are advising people to “be vigilant for counterfeit Bermuda $50 notes currently in circulation, bearing serial numbers A1402579 and A1361701,” noting that in the last ten days, 10 of these counterfeit notes have been seized by police. A police spokesperson said, “Residents and businesses are advised to be vigilant for counterfeit... Read more of this article

Police Advisory: Counterfeit Bermuda $50 Notes

Police Advisory: Counterfeit Bermuda $50 Notes

The police are advising people to be “vigilant for counterfeit Bermuda $50 notes currently in circulation,” saying that this week alone – after the arrest of two men – “police have seized 35 fake Bermuda $50 notes, which are easily identifiable by their low quality and having the ‘Longtail’ portrait on both sides of the note.” A... Read more of this article

Arrest In Connection With Counterfeit Money

Arrest In Connection With Counterfeit Money

The police are advising people to be “vigilant regarding counterfeit U.S. $50 notes bearing serial number MD36441997A,” adding that one of these notes was tendered at a gas station on Tuesday evening, and a 54-year-old man has been arrested in connection with the matter. A police spokesperson said, “Residents are advised to be vigilant... Read more of this article

Police Advisory: Counterfeit Currency Circulating

Police Advisory: Counterfeit Currency Circulating

The police are reminding the public to be vigilant regarding counterfeit Bermuda $50, $5 and $2 notes that are currently in circulation, urging people to “take a few seconds to examine any money they may receive, especially the larger denominations.” A police spokesperson said, “The public as well as businesses and their employees... Read more of this article

Counterfeit Bermuda $50 Currency Circulating

Counterfeit Bermuda $50 Currency Circulating

The police are urging the public to “be vigilant regarding counterfeit Bermuda $50 notes currently in circulation.” A police spokesperson said, “Employees are once again advised that if counterfeit cash is detected during a transaction, the member of staff receiving the fake money should hold on to it, note the description of the individual... Read more of this article

U.S. $100 Counterfeit Currency Circulating

U.S. $100 Counterfeit Currency Circulating

The police have warned people to be vigilant as counterfeit U.S. $100 notes are currently in circulation. A police spokesperson said, “The public is advised to be vigilant regarding counterfeit U.S. $100 notes currently in circulation bearing serial number LB73918531S. “Employees are once again advised that if counterfeit cash is detected... Read more of this article

Police: Counterfeit U.S. $100 Notes Circulating

Police: Counterfeit U.S. $100 Notes Circulating

The Bermuda Police Service is advising businesses and their staff as well as residents to “be vigilant regarding counterfeit U.S. $100 notes currently in circulation.” “The forged U.S. $100 bills have the same serial number: H1413713,” a police spokesperson said. “Employees are once again advised that if counterfeit cash... Read more of this article

Police Warn Of Counterfeit Bermuda $50 Notes

Police Warn Of Counterfeit Bermuda $50 Notes

The police are advising people “to be vigilant” regarding counterfeit Bermuda $50 dollars notes — bearing serial number #A1596737 — that are currently in circulation. A police spokesperson said, “The Bermuda Police Service is advising businesses as well as residents to be vigilant regarding counterfeit Bermuda $50 dollars... Read more of this article

Man Denies Possessing Counterfeit Money

Man Denies Possessing Counterfeit Money

Appearing in Magistrates Court this morning [Apr 20], a 19-year-old man denied possessing $1500 in counterfeit money. Lamont Mason, pleaded not guilty to being in possession of fifteen counterfeit US $100 in Bermuda on 17th April 2015. Mr Mason, who was described as a Bermudian currently residing in the USA, was granted $3,000 bail, required to provide... Read more of this article

Man Fined $500 For Possessing Counterfeit Bills

Man Fined $500 For Possessing Counterfeit Bills

Appearing in Magistrates Court this morning [Mar 18], a 23-year-old man admitted possessing five counterfeit bills Jah-fari Flood pleaded guilty to possessing five counterfeit US dollar $50 bills on 4th March 2015. Prosecutor Garrett Byrne told Magistrate Khamisi Tokunbo that in the course a police search of Mr Flood, police discovered five US $50 bills... Read more of this article