Disney discontinues currency, sparks collector frenzy

Disney discontinues currency, sparks collector frenzy

The world’s second largest entertainment conglomerate Disney actually printed its own currency and is now benching it, sparking a run on the remaining bills amongst collectors. The Disney dollar bill, featuring Mickey Mouse, is currently going for $10, for example. Yes, this is a real thing that is really happening. The distinctive bills, each featuring iconic characters and signed by treasurer Scrooge McDuck (who did you expect?), have been a legitimate form of money within the Disney universe since they were put into circulation in the 1980s. Mickey was featured on the dollar bill while Goofy was on the $5 and Minnie Mouse was on the $10. The cash also featured many other cartoon favorites, including Cinderella, Dumbo and Sleeping Beauty. Disneyland spokeswoman Suzi Brown said the decision had been made in light of the increasing popularity of the company’s gift card scheme, adding that Disney dollars still in circulation would be honored indefinitely. Already a sought-after collectible, the Disney dollar’s value is set to rocket, with shrewd entrepreneurs rushing to online auction site eBay to offer their stashes at hugely inflated prices. There were hundreds of bids for various versions of the one dollar bill, ranging from around $10 to more than $50. Special edition 50 dollar bills celebrating the 50th anniversary of Disneyland in 2005 were being offered for $3,798 while one seller was asking $15,000 for 54 mint condition one dollar bills still in uncut sheets. The notes were introduced in 1987, each with anti-counterfeiting security features similar to those used on real currency, and a unique serial number.

(Source: www.luxuo.com)