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En route he takes in the history of monetisation, the notion of the collapse of trust in money (the bank run); and orchestrates a vigorous bidding war for an unspecified number of banknotes contained in a sealed envelope.
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A EURion constellation; the EURion constellation is a pattern of symbols found on a number of banknote designs worldwide since about 1996.
Rapidly rising numbers of banknotes in circulation suggest that consumers are nervous even about keeping money in banks, and are squirrelling away cash under the futon.
Payments are cleared manually, in cash, which means an enormous amount of time and labour is devoted to moving large numbers of banknotes between banks and branches.
IN THE weeks following the collapse of Lehman Brothers last September the number of euro banknotes in circulation suddenly increased.
According to ECB statistics, €500 bills account for only 3% of the total number of euro banknotes in circulation, but nearly 30% of the €1tn in use last year.
They also must guess the number of euro banknotes in circulation in the euro area on 31 December, 2013.
Carefully guarded in the Bank of England's vaults are a small number of very large banknotes.
By the turn of the century, commercial calculating devices were in common use, as were other special-purpose machines such as one that generated serial numbers for banknotes.
This rumour grew from the number of hairy men appearing on banknotes - Darwin, Dickens, Elgar - with the claim that the intense detail of the facial hair was another surreptitious obstacle to the counterfeiters.
After a 24-h incubation at 35°C, all colony-forming units were counted, and the number of bacteria given onto the banknotes calculated.
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