By Jan Nieuwenhuijs for Gainesville Coins …… An important change has unfolded in the global gold market. The “East” has been driving up the gold price, predominantly in late 2022 and the first months of 2023, breaking the “West’s” long-standing pricing power. Until recently, Western institutional money was driving the price of gold in […]
The post Western Nations Are Losing Control Over the Gold Price appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
By Jan Nieuwenhuijs for Gainesville Coins …… By obstructing gold import and export, the People’s Bank of China (PBoC) greatly amplifies the gold premium or discount on the Shanghai Gold Exchange (SGE) relative to metal traded in London. In the past 12 months, the PBoC has restricted gold import to curb capital flight and defend […]
The post The People’s Bank of China Manipulates the SGE Gold Price appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… Stack’s Bowers Galleries is offering many rarities in the Spring 2023 Hong Kong Sale. Be sure to carefully browse the Chinese Private Issue section, as it includes an impressive number of these notes. One highlight from the Chinese Empire section is the […]
The post Yuan Dynasty 2 Kuan in Stack’s Bowers Spring Hong Kong Auction appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
By Hubert Walker for CoinWeek …. A recent report on Australian TV has put the reputation of one of the world’s major mints–as well as the reputation of the entire international system of precious metals accreditation–in jeopardy. On Monday, March 6, an internal report from the Perth Mint was leaked to the Australian Broadcasting Corporation […]
The post Perth Mint Gold “Doping” Scandal Calls Senior Leadership Into Question appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
Three exceptional collections, encompassing provincial and the Republic of China, stand poised to help Heritage Auctions’ December 7-9 World & Ancient Coins Platinum Session and Signature Auction continue the growth that has surged throughout the year. The event features the Tony Ma, Glorium, and Monrovia collections – each of which spotlights each collector’s shrewd eye […]
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Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Part I | Part II | Part III | Part IV | Part V | Part VI * * * For decades, some Republic of China (1912-49) banknotes displaying unusual inscriptions were seldom seen or reported. From experience, only a few dedicated, […]
The post From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part VI appeared first on CoinWeek.
By Mike Markowitz for CoinWeek ….. The Incas had rivers full of gold and mountains full of silver, and they used gold and silver for art and for worship, but they never invented money because it was a fiction they had no use for. (Goldstein, 4) THE CLASSIC DEFINITION of money found in most Economics […]
The post CoinWeek Ancient Coin Series: Money Before Coinage appeared first on CoinWeek.
By Nicholas Fritz – Numismatist, World and Ancient Coins, Stack’s Bowers Galleries …… The Stack’s Bowers and Ponterio May 2022 Hong Kong Auction of Asian Numismatics will be an impressive event, presenting over 7,000 coins that are estimated between $12.5 million and $20 million USD. Within this large offering is a small collection of Chinese […]
The post Kairos Collection Chinese Coins Highlight Stack’s Bowers Hong Kong Sale appeared first on CoinWeek.
By Nicholas Fritz – Numismatist, World and Ancient Coins, Stack’s Bowers Galleries …… Western interest and trade within China is relatively recent, only beginning in earnest at the end of the 19th century. Industrialized powers were interested in China for the many goods they produced that were demanded by Western markets. The problem for […]
The post Trade Dollars Featured in May 2022 Stack’s Bowers Hong Kong Auction appeared first on CoinWeek.
By Tyler Rossi for CoinWeek ….. What is inflation? Basically, inflation is the rate, usually measured yearly, at which prices increase. When controlled by financial institutions and kept below 2% annually, inflation can actually help increase consumer demand and drive economic growth. However, if inflation starts to increase rapidly, money becomes worth significantly less. Central […]
The post Hyperinflation: Five Banknotes That Signaled Economic Catastrophe appeared first on CoinWeek.
Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Part I | Part II | Part III The Central Bank of China was officially established in November 1928. This was the year after Chiang Kai-shek assumed leadership of the Republic of China’s (1912-1949) government. The bank’s mandate was to set economic […]
The post From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part IV appeared first on CoinWeek.
By Blanchard and Company, Inc …… Gold’s price retreat earlier this month offered long-term investors an opportunity “to buy on the dip.” Yet, you may be wondering, what could be the trigger for the next swing higher in gold prices? Wells Fargo Investment Institute analysts addressed that very question in an August 9 research […]
The post Recent Chinese Gold Buying and Its Implications for Future Gold Prices appeared first on CoinWeek.
Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Links to Part I | Part II Many factors converge to create the attraction and desirability of pre-1950 Chinese currency to worldwide collectors, investors, and history enthusiasts. This is especially true of the notes issued by the Bank of Communications (BofComm). One […]
The post From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part III appeared first on CoinWeek.
Collecting Rare Pre-1950 Chinese Currency by Dr. Richard S. Appel – UniqueRareCoins.com …… Link to Part I After the Qing dynasty was overthrown in the 1911-12 Chinese Revolution, the Bank of China (BOC) was formed. It took the role of the first central bank of the newly named Republic of China and replaced the dynasty’s […]
The post From Valuable to Worthless and Back Again: Pre-1950 Chinese Currency, Part II appeared first on CoinWeek.
Terracotta Warriors Cook Islands. 20 Dollars. 2021. Silver .999. 3 oz. 45 mm. Special Technology: Ultra high relief by smartminting© and partial gilding. Proof. Mintage: 500. B. H. Mayer’s Kunstprägeanstalt, Munich. Cook Islands. 5 Dollars. 2021. Silver .999. 1 oz. 38.61 mm. Special Technology: Ultra high relief by smartminting. Proof. Mintage: 888. B. H. Mayer’s […]
The post Terracotta Warriors Come to Life on Gold, Silver Coins From CIT appeared first on CoinWeek.
By Jeremy Bostwick – Senior Numismatist & Cataloger, Stack’s Bowers …… Much like the American pastime poker often involving some friendly monetary wagering, so too it is for Mahjong in a large portion of the Far East. Though playing cards have been around for over a millennium, likely being introduced in the 9th century CE […]
The post The “Horse Gaming Tokens” of Szechuan appeared first on CoinWeek.
By Jeremy Bostwick – Senior Numismatist & Cataloger, Stack’s Bowers …… A German Medal and the Chinese Connection to World War I Though western Europe and the United States were all initially allied in their approach to opening up China during the mid-late 19th century, civil unrest toward the emerging colonizers led to Germany seeking […]
The post Medals in Stack’s Bowers Hong Kong Auction Showcase Cultural History of China appeared first on CoinWeek.
The folks at Stephen Album Rare Coins bring a substantial base of combined knowledge to the process of cataloging their high quality, diverse consignments. I think also that their bidders tend to be very well versed in the specialized fields in which they collect or trade. It is for these two broad reasons that I really enjoy bringing our readers previews or reviews of the SARC live and online auctions
By Patrick Heller
In last week’s column, I detailed various ways that official and unofficial reports of precious metals data (supply, demand, inventories, trading volume, etc.) are either kept secret, is misreported or is skewed so as to be misleading. This column was so popular that it was more widely linked at other websites than most of my articles
By Jeremy Bostwick – Senior Numismatist & Cataloger, Stack’s Bowers …… Following Spanish colonization of the New World during the 16th century and the subsequent utilization of local silver mines—especially in Mexico—trade increased between the Americas and Spain’s outpost in the Far East—the Philippines. Commerce in the Filipino capital of Manila allowed for access to […]
The post The British Trade Dollar: A Turn-of-the-Century Staple of Commerce in East Asia appeared first on CoinWeek.
Commentary for Tuesday, February 24, 2020 (www.golddealer.com) By Richard Schwary of California Numismatic Investments Inc …… Gold closed up $$27.80 today at $1,672.40! So, we are at seven-year highs, while the Dollar Index is moving towards 100 so both gold and the dollar are now seeing solid safe-haven buying. It is a bit perplexing however […]
The post GoldDealer.com Market News: Gold Heats Up – 7 Year Highs appeared first on CoinWeek.
Gold expert explains why gold performs well in times of uncertainty By Dillon Gage Metals …… Dillon Gage, a world leader in physical precious metals, explains why the coronavirus epidemic ravaging China may send gold futures prices to seven-year record highs above $1,700 USD an ounce and up. Gold is considered a safe-haven asset, […]
The post Dillon Gage Explains Coronavirus Impacts on Gold appeared first on CoinWeek.
The Certified Collectibles Group® (CCG®) has donated money and sent supplies to help those affected by the novel coronavirus discovered in Wuhan, China, in December 2019. CCG comprises seven of the world’s leading collectible services companies: Numismatic Guaranty Corporation® (NGC®), Numismatic Conservation Services™ (NCS®), Paper Money Guaranty® (PMG®), Certified Guaranty Company® (CGC®), Classic Collectible Services®® […]
The post CCG Donates Money, Sends Supplies to Help Fight Coronavirus appeared first on CoinWeek.
By Alan Carr – BuyGoldOnline.io – Original Article …… Link to Part I The Summer Bliss Robbery (2012) – 216 kg Gold Bars On November 30, 2012, masked men in police jackets boarded the Summer Bliss fishing boat in Curaçao and stole 70 gold bars weighing a total of 216kg. Estimated worth of the haul: […]
The post The Biggest Gold Heists of All Time, Part II appeared first on CoinWeek.
By Blanchard & Company …… Beigao, a town of roughly 100,000 people in the Putian municipal area, the city’s main street boasts 20 gold shops. Yes: 20 gold shops in a town of 100,000 Chinese citizens. Economic advances in China in recent decades opened the door to a rising and growing middle class with newfound […]
The post Bullion & Precious Metals: The Chinese Gold Rush of 2019 appeared first on CoinWeek.
By Ron Drzewucki – Modern Coin Wholesale …. Bullion collectors today enjoy a smorgasbord of products from a variety of nations. After the Krugerrand proved there was an international market for such items, many of the world’s economic powerhouses followed suit, starting in the late 1970s. One of the first to do so was China–or, […]
The post A 37-Year History in Two-and-a-Half Pages: The Case of the Chinese Panda appeared first on CoinWeek.
By Ron Drzewucki – Modern Coin Wholesale …. Bullion collectors today enjoy a smorgasbord of products from a variety of nations. After the Krugerrand proved there was an international market for such items, many of the world’s economic powerhouses followed suit, starting in the late 1970s. One of the first to do so was […]
The post A 37-Year History in Two-and-a-Half Pages: The Case of the Chinese Panda appeared first on CoinWeek.
The stately headquarters of the China Banknote Printing and Minting Corporation in Beijing. (Image courtesy Shizhao, Wikimedia Commons)
In the bank note printing game, one company rules them all: China Banknote Printing and Minting Corporation (CBPM).
With well over 18,000 employees spread over 10 large, secure paper money factories, this state-owned operation is the biggest security printer in the world
Washington, D.C
Washington, D.C
Washington, D.C
By Ron Drzewucki – Modern Coin Wholesale ….. It’s said that every coin tells a story. Boy, do I have one straight out of Mysteries of the Unknown, and it involves warloard Zhou Xicheng and his car. In 1928, the warlord of Kweichow province, Zhou Xicheng, minted a coin to commemorate the completion of the Kweichow […]
The post The Fitzcarraldo of Kweichow, Warloard Zhou Xicheng and the 1928 Chinese “Auto Dollar” appeared first on CoinWeek.
The commemorative medals were created by two top-notch designers and feature an official logo A pair of Chinese pandas — “Meng Meng” (梦梦) (a four-year-old female) and “Jiao Qing” (娇庆) (a seven-year-old male) — are about to be unveiled at the Berlin Zoo’s new panda pavilion. The pavilion cost nine million euros (approx. $10.24 million) […]
The post Commemorative Medals Celebrate Chinese German Friendship and Two Pandas Going to Berlin Zoo appeared first on CoinWeek.
Stack’s Bowers Galleries has shared the following press release:
SANTA ANA, CA. — Stack’s Bowers and Ponterio is pleased to announce details of their upcoming Hong Kong Auction of Chinese and Asian coins and currency, to be held Monday August 15 through Wednesday April 17 at The Mira Hong Kong, 118 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong
VIETNAM, SOUTH. National Bank of Vietnam
Stack’s Bowers and Ponterio is pleased to offer space collectibles from the ‘Shenzhou 1’ (神舟一号) in their December 8-9, 2015, Hong Kong auction. These items were stored in the cabin of and traveled into space aboard ‘Shenzhou 1’, China’s first space ship in 1999. Returning to the Earth from space, each piece was examined and […]
The post Stack’s Bowers Ponterio to Offer Chinese Space Collection in Hong Kong appeared first on CoinWeek.
Numismatic Guaranty Corporation® (NGC®), Numismatic Conservation Services® (NCS®) and Paper Money Guaranty® (PMG®) have entered their next phase of expansion in China with several major developments. The three companies, which are independent members of the Certified Collectibles Group® (CCG®), have extended their Official Submission Center agreement with Guangzhou National Standard Numismatic Collection Grading Co., Ltd. […]
The post NGC, NCS and PMG Announce Major Expansion in China appeared first on CoinWeek.
By Archives International Auctions…. Fort Lee, N.J.-based Archives International Auctions (AIA) will offer over 500 lots of rare Chinese and Asian banknotes, plus scripophily rarities (stocks and bonds), in a public auction slated for Sunday, May 24th. The event will be held at the offices of Kelleher & Rogers, Fine Asian Auctions Ltd., in […]
The post Rare Chinese Banknotes to be Sold at May 24 Hong Kong Auction appeared first on CoinWeek.
By Archives international Auctions…. A Palestine Currency Board £5 note dated 1944 and with rare “F” prefix sold for $12,980 at a sale of U.S. and worldwide banknotes, federal bonds and documents and security printing ephemera held March 10 by Archives International Auctions, in the firm’s offices at 1580 Lemoine Avenue in Fort Lee, […]
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By Ron Drzewucki – www.moderncoinwholesale.com…. Bullion collectors today enjoy a smorgasbord of products from a variety of nations. After the Krugerrand proved there was an international market for such items, many of the world’s economic powerhouses followed suit, starting in the late 1970s. One of the first to do so was China–or, more precisely, […]
The post A 32-Year History in Two-and-a-Half Pages: The Case of the Chinese Panda appeared first on CoinWeek.