New issuing authority needed for Curaçao and Sint Maarten [resuelto]

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Este mensaje tiene como objetivo: solicitar la creación o la modificación de una entidad emisora

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The Central Bank of Curaçao and Sint Maarten announced the new currency, and the programmed coins and banknotes. Please see this LINK provided by Some_nerd.

 

New Issuing authority is “Central Bank of Curaçao and Sint Maarten” (original language: (Centrale Bank van Curaçao en Sint Maarten").

 

As instructed, I will ask for addition of new currency in a separate thread.

 

Thanks in advance,

Daniel,

Uruguay.

Just 10 options: you understand binary, or you don't.
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Issuer is Curaçao right?

Catalogue administrator

Jarcek

Issuer is Curaçao right?

It's a bit confusing, so here is the explanation:

“In 2010, Curaçao and Sint Maarten became autonomous countries within the Kingdom of the Netherlands, following the dissolution of the Netherlands Antilles. It was then decided that the two countries would form a monetary union with a shared central bank and one currency - the Caribbean guilder. This new currency will replace the Netherlands-Antillean guilder that has been in circulation on the former island of the Netherlands Antilles.”

Copied from the text announced by official page of the bank.

Issuer entity is a shared Central bank, with name “Centrale Bank van Curaçao en Sint Maarten”

Each island will issue coins and banknotes with same design, but different country names, so issuers will be two: Curaçao and Sint Maarten (with same issuing entity, as said before).

Official currency code in the payment system will be XCG

The currency symbol for the Caribbean guilder will be Cg

 

 

But seems notes will be the same for both countries:

So in this case issuer will be Curaçao and Sint Maarten as one only issuer. Not sure how this can be handled for catalog…. Have fun! 😁

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Estado cambiado a aceptado (Jarcek, 5 sep 2024, 7:31)

*Facepalm*

Catalogue administrator

The issuer is the Central Bank of Curaçao and Sint Maarten (CBCS).

 

The printer will be Crane Currency, and the mint will be Royal Canadian Mint. The date of introduction is set on 31 March 2025.

One of these coins was the subject of a creation request. Which got me thinking, are these coins ready to be entered in the catalog, as they are planned to come into circulation only on March 31, 2025? The ride to the creation of these coins was quite rocky, so I wouldn't be surprised if the actual release would be postponed or even put off, eventually. Maybe that doesn't matter, I don't know.

 

If we want these coins in the catalog already, would somebody please create the issuer and currency, so I can do a proper job?

 

Thanks!

markyourcoin.weebly.com

Chilian

One of these coins was the subject of a creation request. Which got me thinking, are these coins ready to be entered in the catalog, as they are planned to come into circulation only on March 31, 2025? The ride to the creation of these coins was quite rocky, so I wouldn't be surprised if the actual release would be postponed or even put off, eventually. Maybe that doesn't matter, I don't know.

 

If we want these coins in the catalog already, would somebody please create the issuer and currency, so I can do a proper job?

 

Thanks!

I think we catalogue coins, not projects of coins :-)

I would wait for them to be issued

ngdawa

The issuer is the Central Bank of Curaçao and Sint Maarten (CBCS).

I think that at Numista we don't have Issuers that are Banks, so the Central Bank of Curaçao and Sint Maarten (CBCS) should be Issuing Entity/Bank, and not Issuer. 

 

In fact, this case is similar to that of the Euros: different coins in each country (Issuer: each country) and common banknotes (Issuer: Eurozone). 

 

Therefore, in my opinion, the issuers for coins should be 2 different ones:

1. Sint Maarten

2. Curaçao

 

And for banknotes there should be a single issuer:

1. Sint Maarten and Curaçao

 

 In both cases, the issuing entity/bank would be the Central Bank of Curaçao and Sint Maarten (CBCS)

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Estado cambiado a hecho (Compendium, 7 nov 2024, 19:32)

I created the issuing entity to begin with

https://fr.numista.com/catalogue/issuing_entity.php?id=6160

I drove by the building on September 12th this year. Here's a pic I forced my wife to take when we passed by. 😆

 

oynbcn

ngdawa

The issuer is the Central Bank of Curaçao and Sint Maarten (CBCS).

I think that at Numista we don't have Issuers that are Banks, so the Central Bank of Curaçao and Sint Maarten (CBCS) should be Issuing Entity/Bank, and not Issuer. 

 

In fact, this case is similar to that of the Euros: different coins in each country (Issuer: each country) and common banknotes (Issuer: Eurozone). 

 

Therefore, in my opinion, the issuers for coins should be 2 different ones:

1. Sint Maarten

2. Curaçao

 

And for banknotes there should be a single issuer:

1. Sint Maarten and Curaçao

 

 In both cases, the issuing entity/bank would be the Central Bank of Curaçao and Sint Maarten (CBCS)

Why two separate issuers for coins?  In the Eurozone each country determines the design of their coins and arranges minting, but the indications I've seen here is that CBCS itself created the two sets of designs and arranged the minting. What evidence do you have of separate organization for the two sets of coins?

bjherbison

oynbcn

ngdawa

The issuer is the Central Bank of Curaçao and Sint Maarten (CBCS).

I think that at Numista we don't have Issuers that are Banks, so the Central Bank of Curaçao and Sint Maarten (CBCS) should be Issuing Entity/Bank, and not Issuer. 

 

In fact, this case is similar to that of the Euros: different coins in each country (Issuer: each country) and common banknotes (Issuer: Eurozone). 

 

Therefore, in my opinion, the issuers for coins should be 2 different ones:

1. Sint Maarten

2. Curaçao

 

And for banknotes there should be a single issuer:

1. Sint Maarten and Curaçao

 

 In both cases, the issuing entity/bank would be the Central Bank of Curaçao and Sint Maarten (CBCS)

Why two separate issuers for coins?  In the Eurozone each country determines the design of their coins and arranges minting, but the indications I've seen here is that CBCS itself created the two sets of designs and arranged the minting. What evidence do you have of separate organization for the two sets of coins?

The coins that are planned are 1-50 c, and 1 a d 5 Cg, and the design will be the same for both countries, not like the Euro coins, so one issuer for both would be sufficed. Unfortubately we can't use Caribbean Netherlands, since Saba will continue to use the US Dollar but is included in the CN, so the issuer should be Curaçao and Sint Maarten (same name order as in the bank's name).

The designs for the two countries are different, see the images above, which is why the one or two issuer question for coins exists. But I still believe one issuer is correct.

If banknote design is shared, one unique issuer is necessary indeed

bjherbison

The designs for the two countries are different, see the images above, which is why the one or two issuer question for coins exists. But I still believe one issuer is correct.

Oh, I thought that obverse and reverse …

 

The banknotes will at least be the same for both nations.

I have read thruge the treath, but can't seems to understand if there ever was a conclusion on where to put the banknotes? I know they are issued and exist in the wild now. Eg. seen on the Facebook page “Rare Banknotes”.

 

Also found a lot of information about the coins and how the exchange is going to happen 😁🤓 

It seems like the coins are going feture the name of the specific issuer, on one side. So the splitting of coins between issuers seems correct to me… So like the Euro case.

 

And don't forget the ruler as King Willem-Alexander, of the House of Orange Nassau (Wikidata: Q154952) ;)

 

Sources:

https://banknotenews.com/?s=curacao&submit=Search

https://www.caribbean-guilder.com/banknotes

https://www.caribbean-guilder.com/coins-curacao

https://www.caribbean-guilder.com/coins-sint-maarten

https://www.caribbean-guilder.com/exchange-procedure

https://da.wikipedia.org/wiki/Willem-Alexander_af_Nederlandene

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Jamtrup

I have read thruge the treath, but can't seems to understand if there ever was a conclusion on where to put the banknotes? I know they are issued and exist in the wild now. Eg. seen on the Facebook page “Rare Banknotes”.

 

Also found a lot of information about the coins and how the exchange is going to happen 😁🤓 

It seems like the coins are going feture the name of the specific issuer, on one side. So the splitting of coins between issuers seems correct to me… So like the Euro case.

 

And don't forget the ruler as King Willem-Alexander, of the House of Orange Nassau (Wikidata: Q154952) ;)

 

Sources:

https://banknotenews.com/?s=curacao&submit=Search

https://www.caribbean-guilder.com/banknotes

https://www.caribbean-guilder.com/coins-curacao

https://www.caribbean-guilder.com/coins-sint-maarten

https://www.caribbean-guilder.com/exchange-procedure

https://da.wikipedia.org/wiki/Willem-Alexander_af_Nederlandene

 

I made a proposal for the Netherlands here:

https://en.numista.com/forum/topic159028.html

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Both Curacao & Sint Maarten will have their own coins.

 

Like the Euro coins, they will circulate interchangeably in both countries.

 

Aidan.

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