The Imperial Russian 5 Kopek certainly has a heft befitting such an imposing country. But why strike such large copper coins? By Tyler Rossi for CoinWeek ….. As a consequence of his extensive wars with Sweden in the late 17th century, Russian Emperor Peter the Great implemented one of the first comprehensive overhauls of […]
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Would Provide $16 Billion in Budget Savings By Dollar Coin Alliance …… Three Members of Congress have signed on as co-sponsors of the bipartisan Currency Optimization, Innovation, and National Savings (COINS) Act of 2017 (H.R. 2299), an effort that will modernize U.S. currency in order to save American taxpayers at least $16 billion. Rep. Mike […]
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Would Provide $16 Billion in Budget Savings By Dollar Coin Alliance …… Three Members of Congress have signed on as co-sponsors of the bipartisan Currency Optimization, Innovation, and National Savings (COINS) Act of 2017 (H.R. 2299), an effort that will modernize U.S. currency in order to save American taxpayers at least $16 billion. Rep. […]
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By CoinWeek News Staff …. The federal budget that Treasurer Scott Morrison presented to the Australian House of Representatives earlier today (Tuesday, May 3) may bring an official end to the production of five-cent coins by the Royal Australian Mint. If this proves to be the case, the elimination of Australia’s smallest-denominated coin will most […]
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Boasting more digital transactions than ever, Korean officials believe coins are outmoded and therefore are making strides toward becoming a “coinless society” by the year 2020 By Joshua McMorrow-Hernandez for Coinweek ……. South Korea has announced it is going cashless by 2020 as the nation becomes increasingly dependent on the use of credit cards […]
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By The Royal Australian Mint…. History was made today on March 4, 2015, with three Pacific Island nations marking the introduction of their own brand-new circulating coins at the official coin striking ceremony at the Royal Australian Mint. With the Mint’s assistance and expertise, the Cook Islands, Tonga and Vanuatu have embarked on the important […]
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