Banknote Reporter

Cut Notes Served Specific Purposes

NOTE: This article finishes our two-part review of cut notes of the world, which began in the December 2020 issue of Bank Note Reporter. The earlier part covered Colonial issues from Austria, Ceylon, Colombia, Cyprus and Fanning Island. Here we pick up with French Indo-China.

French Indo-China

My good friend Howard Daniel came through with this data. He wrote that during World War Two people were allowed to tear all Piastre and Cents notes into halves to make change. But to bring them to a bank for deposit, or to pay taxes, the halves had to be taped or glued together to resemble full notes.

Howard went on to say that many years after the war, the population was still tearing notes to make change. In the Republic of Viet Nam when

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