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Weekly Numismatic World News for October 1, 2017

October 2, 2017 in Blogs, Bullion, Coins, Coins for sale, Collecting, Education, Fun, History, Investing, News, Numismatica, Numismatics, Opinion, Palladium, Palladium Coins, Paper Money, Precious Metals, US Mint, USA Coins, World Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Although the U.S. Mint has started shipping American Palladium Eagles, few have been available on the daily market. Most bullion dealers are offering these coins as a pre-sale with the expectation of receiving their coins on or about October 10 for shipment shortly thereafter. Pre-sale prices are averaging $85-200 over the spot price, which is […]Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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A 20 Mark Pick

September 4, 2017 in Bank Notes, Blogs, Books, Collecting, Counterfeit, Education, Entertainment, History, Money, Numismatica, Numismatics, Paper Money

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

When you are a picker sometimes a find can be worth more than originally expected. This past week I was offered a small library of military books from the estate of a former career military officer. Normally, I will not invest too much into books since they are not big sellers. However, if I can […]

Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Unlucky at the ATM

August 20, 2017 in Bank Notes, Blogs, Collecting, Education, Entertainment, Numismatica, Numismatics, Opinion, Paper Money, U.S. Notes, US Federal Reserve

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

You need a quick amount of cash. After all, not every transaction can be made with a credit card. You hop in the car and drive to the bank to use the ATM. Within seconds, the machine spits out money and you drive away. Early the next morning you look at the bills and notice […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Planes, trains, and automobiles: Thematic bank-note collecting

July 14, 2017 in Bank Notes, Collecting, Collector Sets, Education, Entertainment, Fun, History, Investing, News, Numismatica, Numismatics, Opinion, Paper Money

By: Dennis Hengeveld News.CoinUpdate.com (Coin Update News)

Thematic (or topical) collecting is very popular in the stamp community. There are collectors and clubs for a wide range of subjects, from butterflies to lighthouses and from royalty to astronomy. In the numismatic world, collecting by theme is not as popular or well publicized, but there are still many opportunities to build a collection based on a certain topic, and many collectors who build such collections. In this article we will take a look at some areas of banknote collecting that are likely to give a thematic collector the most opportunity to find examples with a certain theme.

Banknote designs… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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The Tyvek banknotes of Haiti

April 19, 2017 in Bank Notes, Collecting, Collector Sets, Currency, Education, History, Money, News, Numismatica, Numismatics, Opinion, Paper Money

By: Dennis Hengeveld News.CoinUpdate.com (Coin Update News)

More and more countries all over the world are in the process of switching or have already switched their circulating currency to issues printed on plastic (polymer) materials. Polymer banknotes are much more durable than traditional paper banknotes, have better security features, and are cheaper in the long run. Examples of countries that have switched part or all of their currency to polymer banknotes are Australia, Brunei, Canada, the United Kingdom, and Vietnam, among others. These relatively modern banknotes have become a very popular field with collectors from around the world. For such collectors, the earliest issues to collect… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Paper vs Coin: In the Numismatic World, What is the difference?

November 7, 2016 in Blogs, Coins, Collecting, Education, Money, Numismatica, Numismatics, Opinion, Paper Money, USA Coins, World Coins

By: Angela Raymond Liberty Coin and Currency Blog

Old Russian money and coins

To those who are unfamiliar, coin collecting and paper money collecting may seem as though they are one in the same but what they don’t know is they are more different than they could imagine.

The premise is similar in the sense that one has embarked on a mission to collect as much historical currency as humanly possible. The difference, beyond the obvious physical state, is quite extensive but yet simple when observing these primary differences:

  • Comparatively, paper currency is easier to store than coins as it requires less space.
  • There are a greater number of coins available in the world… Full article at the source>

Source: Liberty Coin and Currency Blog

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The Educational Series is considered to be the most beautiful currency ever created by the United States

May 16, 2016 in Art, Blogs, Bureau of Engraving and Printing, Collecting, Education, History, Money, Numismatica, Numismatics, Paper Money

By: Angela Raymond Liberty Coin and Currency Blog

image

In 1896, the United States released the Educational Series, an artistically inclined series of currency depicting three allegorical motifs that would become some of the most highly revered notes ever produced by our government.

For years, the silver certificate was a dull rendition of black ink featured on the obverse and green on the back but by the 1890’s, the Bureau of Engraving and Printing agreed it was time to revamp the appearance of the silver certificates. The BEP then commissioned designers known for their allegorical murals to create the artwork for each denomination. Of the 15-20 artists hired for… Full article at the source>

Source: Liberty Coin and Currency Blog

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New Volume of Whitman’s Obsolete Paper Money Series Explores Fla, Ga, NC, and SC

January 14, 2016 in Bank Notes, Books, Collecting, Education, News, Numismatica, Numismatics, Paper Money

By: Coin Update News.CoinUpdate.com (Coin Update News)

ObsoleteSMALL

Whitman Publishing has shared the following press release:

(Atlanta, Georgia) — Whitman Publishing announces the release of volume 6 of the Whitman Encyclopedia of Obsolete Paper Money, by Q. David Bowers. In 496 pages it covers the early bank currency of the states of Florida, Georgia, North Carolina, and South Carolina. The book debuted at the FUN (Florida United Numismatists) show in January 2016, and now can be ordered from booksellers and hobby shops nationwide and online (including at www.Whitman.com), for $69.95. It can also be borrowed for free as a benefit of membership in… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Bob McCabe Readies New Book on Bank Note Counterfeiting and Technology

January 7, 2016 in Bank Notes, Books, Counterfeit, Education, History, News, Numismatica, Numismatics, Paper Money

By: Caitlyn Trautwein News.CoinUpdate.com (Coin Update News)

A genuine note of the Chippewa Bank, Wisconsin. Images courtesy of Don C. Kelley.

A genuine note of the Chippewa Bank, Wisconsin. Images courtesy of Don C. Kelley.

 

Counterfeiting and Technology: A History of the Long Struggle Between Paper-Money Counterfeiters and Security Printing will be published by Whitman in the summer of 2016.

Since mid-2015 I have had the pleasure of working on a very special project, and now its release is just around the corner. Counterfeiting and Technology by author Bob McCabe is a long-awaited narrative in the world of paper-money accounts. It is an adventurous monument to the history of paper money, and most importantly, to the technology that created it. Found within are tales… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Perth Mint re-creates Stuart Devlin’s 1c & 2c coin designs in silver to mark 50th anniversary of decimalisation

January 5, 2016 in Australian Coins, Blogs, Cents, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, History, New Releases, Numismatica, Numismatics, Offers, Paper Money, Perth Mint, Precious Metals, Press Releases, Proof Coins, Silver, Silver Coins, World Coins

By: Blog Team Perth Mint Blog

50thAnn-AustralianDecimalCurrency-1Cent-Silver-Proof

On Valentine’s Day 1966, Australia introduced decimal currency.

A public information blitz had prepared people extremely well, and the changeover from pounds shillings and pence went remarkably smoothly.

For some the look and feel of the new decimal currency took a little getting used to. “The most common comment was that the notes looked like money used in the game Monopoly,” reported the Canberra Times.

“The coins are beautiful but the notes are shocking,” a voice had been heard exclaiming.

The original decimal paper notes have long since been replaced by polymer notes. But if you check your change there’s still a chance you’ll… Full article at the source>

Source: Perth Mint Blog

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Notes From World War II: The HAWAII $1 Bill

December 29, 2015 in Bank Notes, Education, History, Money, News, Numismatica, Numismatics, Paper Money

By: Dennis Tucker News.CoinUpdate.com (Coin Update News)

HawaiiOBSmall

face of HAWAII note, © 2015 Whitman Publishing, LLC

Do you have an old cigar box or wallet that Grandma and Grandpa tucked away with money and mementoes from World War II and the post-war years? You might very well find a curious $1 bill with the word HAWAII splashed across the front and back.

Where did these unusual notes come from?

“After the attack on Pearl Harbor by the Japanese, December 7, 1941, the future of the Hawaiian Islands was uncertain,” write Q. David Bowers and David M. Sundman in 100 Greatest American Currency Notes. “The navy… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Zimbabwe $100,000,000,000,000 Bank Note

November 25, 2015 in Bank Notes, Education, History, Money, Numismatica, Numismatics, Paper Money

By: TJ Shea (http://www.pennypinchercoins.com)

Zimbabwe P#91 2008 $100 Trillion Bank Note

As we venture home or away for the beginning of the Holiday Season, let’s take a look at the Zimbabwe P# 91 2008 $100 Trillion bank note. Yup, a hundred trillion. $100,000,000,000,000. In the late 90’s and early 2000’s Zimbabwe went through a period of unprecedented inflation caused by high import trade imbalance, too much government spending, and low savings rate… sound familiar? Even the Brazilians were amazed.

The series officially, and incredibly, starts with a One Dollar note and begins the upward spiral with million, then billion, and eventually trillion dollar notes. The engraving design is pleasing, if overly consistent… Full article at the source>

Source: Coin Collecting Alltop.com

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Mike Fuljenz Admonishes Critics Of “In God We Trust” Motto

September 21, 2015 in Coins, Collecting, Currency, Education, History, Money, Numismatica, Numismatics, Opinion, Paper Money, Politics, US Government, US Mint, USA Coins

September 21, 2015

News media contact:
Paul Stein, (409) 860-9077  PaulS@thecoingroup.com

Mike Fuljenz Admonishes
Critics Of “In God We Trust” Motto

 

Statement by Michael Fuljenz, President of Universal Coin & Bullion (www.UniversalCoin.com) in Beaumont, Texas.

Michael Fuljenz, President of Universal Coin & Bullion

Michael Fuljenz, President of Universal Coin & Bullion

Some critics of In God We Trust may be ignorant of the phrase’s legal history or are deliberately ignoring the rulings of courts and resolutions of Congress.  Regarding the recent controversy about the motto’s placement on police vehicles in some communities, it’s important to remember the patriotic motto has withstood a long line of legal challenges to appear on our money and on government-owned property.

It first appeared on circulating United States coins in 1864 (www.InGodWeTrustOnMoney.com).  It has been on all our coins since 1938, became the only official national motto in 1956 with the signing of legislation by President Dwight Eisenhower, and has appeared on all our paper money since 1966.

Recent court cases include a 2013 ruling when a Federal Court judge in New York dismissed a lawsuit seeking removal of In God We Trust from coins and paper money.  The judge noted that “the U.S. Supreme Court has repeatedly assumed the motto’s secular purpose and effect.”

In 2011, the U.S. House of Representatives overwhelmingly approved a resolution reaffirming it as the national motto and encouraging its display in all public schools and government buildings.

While the motto first appeared on U.S. coins at the time of the Civil War, it actually was inspired by events a half century earlier during the War of 1812.

In 1861, Treasury Secretary Salmon Chase received a letter from a Pennsylvania minister who requested “the recognition of the Almighty God in some form on our coins.”   Chase instructed Mint Director James Pollock to prepare a motto.  Pollock recalled a lyric in the now-seldom sung fourth stanza of The Star Spangled Banner: “And this be our motto – In God is our trust.”  Pollock had the words, ‘GOD OUR TRUST,’ placed on a few experimental patterns being tested in 1861 for proposed new designs for half-dollar and $10 denomination coins.

After consultations and debate within the Treasury Department, the words, IN GOD WE TRUST, first appeared in circulation on a new coin denomination, copper two-cent pieces, starting in 1864.

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An award-winning detailed history of the national motto, written by Fuljenz, is available free online at www.INGODWETRUSTonmoney.com.

Known as America’s Gold Expert®, Michael Fuljenz has won dozens of prestigious national and regional awards and honors for his consumer education and protection work in rare coins and precious metals.  A respected community leader in his hometown of Beaumont, Texas, Mike also has served with distinction as a consultant to the Federal Trade Commission, United States Mint and Royal Canadian Mint, and is on the Board of Directors of the Jefferson County Texas Crime Stoppers organization, the Industry Council For Tangible Assets and the Numismatic Literary Guild.

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The Redesign of the $10 Bill Gets Attention

September 18, 2015 in Bank Notes, Bureau of Engraving and Printing, Education, History, Money, News, Numismatica, Numismatics, Paper Money, US Government

By: Caitlyn Trautwein News.CoinUpdate.com (Coin Update News)

10crop1

Oftentimes it’s so easy to take our everyday cash for granted. We know the basic designs well-enough to recognize a $5 from a $20 bill in our pocket, but few everyday handlers of money really think about their paper money beyond that.

But the new redesign of the $10 bill is getting some serious media attention. In early July of this year, Secretary of the Treasury Jack Lew announced that plans were being made to redesign the $10 bill—and to replace Alexander Hamilton’s face with a portrait of a woman. No final decision has been made… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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U.S. Mint Release: 2015 American $1 Coin & Currency Set

August 24, 2015 in Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Dollar Coins, New Releases, News, Numismatica, Numismatics, Paper Money, Uncirculated Coins, US Mint, USA Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

sagabuck2

The U.S. Mint will release the 2015 American $1 Coin & Currency Set today, August 24, at noon ET.

The set will include a tri-fold presentation folder, an enhanced Uncirculated 2015 Native American $1 Coin that is only available as part of this set, and a $1 Series 2013 note from the Federal Reserve Bank of New York. Orders are restricted to five per household, and the overall mintage limit is set at 90,000 units. Each set will cost $14.95.

The 2015 Native American $1 Coin features a reverse image of a Mohawk ironworker guiding an I-beam into place high Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Preview: HA’s Platinum Night at the World’s Fair of Money

July 31, 2015 in ANA (American Numismatic Association), Auctions, Coin Shows, Coins, Collecting, Conventions, Events, Fun, Gold, Gold Coins, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Paper Money, Seminars, USA Coins, World Coins

By: Dennis Hengeveld News.CoinUpdate.com (Coin Update News)

worldsFair

From August 11 to August 15 the American Numismatic Association will organize the World’s Fair of Money in Rosemont, Illinois, just outside of Chicago. Considered the largest show of the year, the whole week is a gigantic happening of numismatics, attended by people from around the world. Several auctions are also organized, with United States and world coins on offer, as well as paper money. In this preview, we will cover Platinum Night held by Heritage Auctions on the evening of August 12th. On offer will be a wide variety of high quality and seldom seen United States coins, Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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PNG Announces Dates of 2015 Dallas Show

October 22, 2014 in Bank Notes, Clubs and Associations, Coins, Collecting, Events, News, Numismatic Societies and Clubs, Numismatica, Numismatics, Paper Money, PNG Professional Numismatists Guild, Press Releases

For immediate release
October 22, 2014

News media contact:
Robert Brueggeman, (951) 587-8300

PNG Announces Dates of 2015 Dallas Show

The Professional Numismatists Guild (http://www.PNGdealers.org) has scheduled a show in Dallas, Texas, Thursday to Saturday, February 26 – 28, 2015.

“The Dallas Coin & Paper Money Show sponsored by the PNG will be held at the Gaylord Texas Resort & Convention Center, and it will be open to the public,” said PNG Executive Director Robert Brueggeman.

“This will be an opportunity for collectors in the Southwest to meet and do business with many PNG member-dealers from around the country who usually do not attend the local Dallas area shows in Fort Worth, Grapevine and Richardson, Texas.  We also are accepting applications for bourse tables from non-PNG members,” added PNG President Terry Hanlon.

Dallas-based Heritage Auctions is the official auctioneer for the show.

Special discount room rates of $190 a night are available at the Gaylord Texas Resort, conveniently located about seven miles from Dallas/Fort Worth International Airport (DFW).

Additional information about the show will be announced in the coming months.

For bourse applications, visit http://www.pngdealers.org/events or contact the PNG by phone at 951-587-8300 or by email at info@pngdealers.org.

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Numismatic Change? / Reinaldo Escobar

March 20, 2014 in Bank Notes, Coins, Collecting, Currency, News, Numismatica, Numismatics, Paper Money, World Coins

By: Reinaldo Escobar. March 19, 2014 in Desde Aquí / English (http://desdeaquifromhere.wordpress.com/)

The much discussed Cuban dual monetary system, which has distorted the economy for more than twenty years, seems to be facing its final days. Among the few reports that have been released, it appears it will be the CUP–the Cuban or national peso–that will survive, and the CUC–or Cuban Convertible Peso that will cease to circulate.

In addition to the actual value of each of these currencies, they differ in that the differ in that if the CUP has a photo of a historical figure, the CUC has a sculpture of the same personage. Also on security issues, CUC far exceeds its alter ego.

The question we ask ourselves is whether there will be a change in the real value of money we earn as wages. How many hours will one have to work once the money is unified to buy a pound of spaghetti, a quart of oil or a beer?

Full article at the source>

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Museum of coins and notes opens in Abu Dhabi

December 18, 2013 in Bank Notes, Coins, Collecting, Commemorative, Museums, News, Numismatica, Numismatics, Paper Money, World Coins

By Wam. Dec 17th, 2013 (http://www.emirates247.com/)

The Central Bank of the UAE on Tuesday inaugurated the Central Bank Museum of Coins and Notes at its head office in Abu Dhabi City.

Khalifa Mohamed Al Kindi, Chairman of the Central Bank Board of Directors, cut the ribbon in presence of members of the board, senior members of the senior management of the Central Bank in addition to chief executive officers of banks operating in UAE.

The museum was inaugurated to mark the occasion of the Central Banks’s 40th Anniversary to give researchers, visitors, school and university students and individuals interested in this field, the opportunity to  get to know the various stages of currency development in the region before the foundation of the United Arab Emirates, as well as to view the Central Bank’s issues of currency notes, coins and commemorative coins.

The museum includes a part of the Central Bank’s collections of currency notes, currency coins, commemorative coins, gifts and samples of issues of UAE currency notes and coins and currency of other countries, in addition to cash counting and sorting machines used by the Central Bank in the past.

Full article at the source>

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History’s home in a village

November 18, 2013 in Ancient Coins, Antique Coins, Art, Bank Notes, British Coins, Coins, History, Museums, News, Numismatica, Numismatics, Paper Money

By Hemant Kumar Rout 11-17-2013 (http://newindianexpress.com)

It is a treasure trove of antiquity buried in obscurity. The Odisha Rural Museum  is home to 6,000 rare coins and currency notes of around 200 countries, 7,000 postage stamps, 3,425 foreign and Indian paintings, 2,000 rare metals and stones, 3,000 books and magazines, old clocks, watches and much more.

Located in Maitapur village in Balasore district, 200 km from Bhubaneswar, it is the only museum of its kind in the state with a collection of nearly 30,580 rare artefacts that draw innumerable visitors, including students and research fellows.

However, it is not run by any government agency or corporate body. It is the labour of one man’s love and untiring effort. Kailash Chandra Mohanty, a retired employee of Indian Post and Telegraph Department, was determined to retain the historical significance of his native village which led to the creation of the museum.

During his tenure, Mohanty travelled across the country and collected artefacts over 50 years. He spent his own money and established the museum in 1985. Since Mohanty’s demise at the age of 74 earlier this year, his wife Janakilata Mohanty (67) has been managing the place.

There is no entry fee here and the museum is open from 10am to 4pm every day. Exhibiting ancient coins, foreign currency, century-old postal stamps, palm leaf manuscripts, musical instruments, ancient weapons and armoury, the three-room museum is a confluence of world culture.

Full article at source>

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New $100 Note Ready for Circulation

October 10, 2013 in Bank Notes, Education, News, Numismatica, Numismatics, Paper Money, U.S. Notes

By James Bucki, About.com Guide October 7, 2013

Although most people define a “numismatist” as a coin collector, a more thorough definition would be one who studies or collects coins, tokens, and paper money and sometimes related objects such as medals. Therefore, I am going to branch out today and touch upon the subject of paper money. Tomorrow, the Federal Reserve Bank is going to start releasing into circulation the newly redesigned one hundred dollar note.

Currently, the $100 note is the highest denomination that is issued by the United States and features Benjamin Franklin on its face. It also circulates around the world and is the most counterfeited note worldwide.

Full Article at source>

Link to US currency Info Page 

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Currencies represent history

October 7, 2013 in Ancient Coins, Antique Coins, Coins, Collecting, Currency, Education, Gold, Gold Coins, History, Money, News, Numismatica, Numismatics, Paper Money, Rare Coins, Silver, Silver Coins, World Coins

By: Mushfique Wadud. October 6th, 2013 (http://www.dhakatribune.com)

Taka museum, the first ever currency museum in the country, is inaugurated.

Tawfikul Haque, a student of Class VII, knew from history books that silver coins were used during the Mughal-period as currency. But those were just words on the pages for him, as he never imagined of getting to see Mughal-era silver coins in real life.

However, Tawfikul marveled at currencies from key historical periods including the Mughal, the British, and the Pakistani-era, when he came with his father on Saturday to the inauguration ceremony of Taka Museum, the first ever currency museum in the country.

“I had never imagined that I would see the currencies used in the past,” he said.

Parliament Speaker Shirin Sharmin Chaudhury formally inaugurated the Taka Museum on Saturday at the Bangladesh Bank Training Academy in Mirpur.

Full article at source>

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Over-600-year history of Vietnam banknotes

September 7, 2013 in Bank Notes, Education, History, Paper Money

By: Tam Thoi 07/09/2013. (http://english.vietnamnet.vn)

VietNamNet Bridge – The first banknote in the history of Vietnam’s currency is the one called “Thong bao hoi sao” which was issued in 1396 by Ho Qui Ly. More than six centuries later, banknotes increasingly confirm its important position in life.

The first banknote of Vietnam

In the feudal time, each dynasty often cast its own money and even banknotes, including bronze, zinc, iron coins and some kinds of banknotes like “Thai binh thong bao” of the Dinh Dynasty and “Thien phuc tran bao” of the Early Le Dynasty.

However, the first and most well-known banknote of Vietnam is “Thong bao hoi sao” of the Ho Dynasty. 1396 was a very early time in the history of banknotes but at that time, Ho Quy Ly’s policy to issue banknotes was not considered progressive.

After printing banknotes, the Ho Dynasty forced people to exchange coins for banknotes, with one quan of coin for two banknotes. The people were banned from using coins, otherwise they would be executed and their assets would be confiscated.

This kind of banknote was put into circulation in a radical way. The way of issuance was completely exchanging the old money to the new money so theoretically it would not affect the value of the money and it was even a progressive thinking to save metal and to make the use of money in a more convenient way.

Full article at source>

 

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For a change, visit Udupi’s numismatics museum

August 22, 2013 in Ancient Coins, Antique Coins, Archaeology, Coins, Collecting, Copper Coins, Education, Gold Coins, History, Numismatica, Numismatics, Paper Money, Silver Coins, World Coins

SPECIAL CORRESPONDENT (http://www.thehindu.com)

Coins displayed from 400 B.C. will take you down history lane

If you like seeing ancient coins and understand history through coins, the Numismatics and Notaphily Museum, a part of the Corporation Bank Heritage Museum in the heart of Udupi, is the place for you.

Nearly 1,800 coins from 400 B.C. to the present times are on display at Corporation Bank. Coins in materials such as gold, silver, copper, lead, nickel and steel are on display. There is explanation in English besides all the coins. “We will soon provide explanation of coins in Kannada on each exhibit stand,” said M.K. Krishnayya, curator of the museum.

The oldest coins at the museum date back to Gandhara Janapada (400 B.C.–350 B.C.). Coins from a variety of eras and kingdoms from Surasena Janapada (350 BC to 2 AD) to Tippu Sultan can be foundA separate section displays coins issued by East India Company, French, Dutch, Portuguese and British Indian Government as well as the post Independence period, including the “Anna” series of coins, Naya Paisa and Paisa systems can be found here. There is a commemorative coins section, where coins of Rs. 1,000, Rs. 100, Rs. 50, and Rs. 20 denomination are on display.

Full article at source>

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Guarding Dh70k coin collection

August 18, 2013 in Antique Coins, Bank Notes, China Coins, Coins, Collecting, Numismatica, Numismatics, Paper Money, Rare Coins, Silver, Silver Coins, World Coins

Nivriti Butalia / 17 August 2013 (http://www.khaleejtimes.com)

In the classifieds section of a newspaper, under ‘General Items’, there is a three line brief that reads: “Coins & Currency notes, from different countries, personal collection, for sale. Contact 055-2795480”.

When Khaleej Times dialled the number and reached a man called Roshan Syed he was offering Friday morning prayers at the mosque, but promised to ring back – which he did, assuming the call was a buyer for his coins.

Syed, 27, is a security guard with Al Jaber Coins at HUDCO in Abu Dhabi. The name of his employer is something of a coincidence to him, as Syed has been collecting coins for twenty years.

Back when he was in the 4th grade, in Kottayam, India, he “went to buy a toffee, and the shopkeeper had to return 25 paisa but instead he returned an American dime”.  This is how his interest in numismatics – the rather technical term for coin-collection — began.

Full article at source>

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