Last week, Hong Kong Monetary Authority (HKMA) and the three note-issuing banks (Standard Chartered Bank (Hong Kong) Limited, The Hongkong and Shanghai Banking Corporation Limited and Bank of China (Hong Kong) Limited) released The design of the remaining three denominations, HK$100, HK$50 and HK$20, from the issue of the 2010 new series Hong Kong banknotes. But the new Hong Kong 100 dollars notes come with an error. The notes reverse which depicting the city emblem (petals of the Bauhinia flower), pointing in the wrong direction.
HSBC Hong Kong on Monday apologised for the printing error. a spokeswoman at HSBC Hong Kong told AFP, they sincerely apologises for the embarrassment caused to all parties concerned" but emphasised none of the bank notes have been circulated. The bank would fix the problem as soon as possible but did not say how many flawed notes had been printed or the cost involved in redesigning and reprinting the notes.
The bank and the city's government had failed to detect the flaw before unveiling the new designs last Friday, but the mistake was highlighted in local media over the weekend. In a statement issued late Sunday, the government also apologised for the error and said HSBC had started redesigning and reprinting new HK$100 banknotes, with a plan of putting them into circulation early next year. HSBC will pay to fix the problem, the government said.
Check on HKMA official website today, the reverse design picture has been deleted from the website with a note "design will be revised". That will be an error for the bank but a collector dreams. The Hong Kong 100 dollars notes error will be coming out soon in eBay, just wait and see.
Source: HKMA, AFP.
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