Could someone please explain some terms?

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I am sure there are posts somewhere but I just couldn't find any easily so I would like to ask a few questions that can probably be answered by many.
What exactly is a ream? Is it just a stack of banknotes in a certain quantity?
What is meant by skip 500, 1000 etc ?
(so 40 on and skip 500 means 20000 notes?)
Thanks in advance

FRIEDSQUID
O h yes just got my first CPMS newsletter and it mentioned something about Giles Report.  Is this something that comes out to members or is it an extra newsletter that must be bought, or can it be downloaded?

Bundle = 100 notes
Brick = 1,000 notes (= 10 bundles)
Block = 4,000 notes (= 4 bricks)

Generally the latter two terms are only applied to new notes as packaged by the BoC and/or printing company, but that doesn't mean they cannot apply to used notes.

Skip numbering.

Skip-1000:
When 1000 notes are printed in one "stack" before the next consecutive serial number appearsat the bottom of the next "stack"

Example:
Position A1:
1240000- 1240999  all with FP/BP: 55/76

Position A2:
1241000- 1241999 all with position numbers 58/78.

They are in groupings of 1000.


Now, we now know that BABN sheets are 40notes per sheet. The notation for that is "40/on".   That means that there are 40 groups (stacks) of 1000 notes.  The serial numbers will make a "consecutive run" from the first note of A1 to the last note of H5.

Or, 40 stacks of 1000 notes high, = 40,000 notes.  That is a ream.  The ream size is 40,000 notes.

As you can see, it is dependant on the skip-numbering.

If it were skip-500, then ream size would be 20,000.

If it were skip 6000, on a sheet of 45 (such as the CBN $20 replacements), then the ream size is:  6000 (notes high) x 45 stacks (of 6000) = 270,000 notes.

If it were skip 8000, on a sheet of 45 (such as the CBN EZL 8.64 $20 replacements), then the ream size is:  8000 (notes high) x 45 stacks (of 8000) = 360,000 notes.


Hope this helps.

Thanks It definite makes things clearer.  Is there a actual reason that the numbering varies.  Does it have to do with printers, an idea of what they actually want to print, or just a way to confuse those who could do something should the information always remain constant?

FRIEDSQUID