some 21 months after the launch of the euro, the ECB has published all 44 banknote designs that it evaluated prior to the currency`s introduction. In the end, the ECB selected a design by Austrian Robert Kalina. Great news for Mr Kalina, but a disappointment for the remaining 43 designers, who had put a great deal of time and effort into their designs. While some designers paid the associated costs out of their own pocket, others worked on behalf of their respective employers. In addition to describing the selection procedures, this article discusses several of the other designs.