The Bank of England will reveal images of updated banknotes featuring a portrait of HM King Charles III by the end of 2022 By Bank of England …… The Bank of England will reveal images of updated banknotes featuring a portrait of HM King Charles III by the end of this year. The notes […]
The post English Banknotes Featuring King Charles III to Enter Circulation in 2024 appeared first on CoinWeek.
By Nathan Elkins for American Numismatic Society (ANS) …… The recent passing of Queen Elizabeth II (r. 1952–2022) and the elevation of King Charles III has prompted questions about how the face of money will change in the United Kingdom and the Commonwealth. This may seem like an odd line of inquiry to numismatists […]
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HM Queen Elizabeth II By Bank of England ….. The Bank of England’s staff wish to express their heartfelt condolences to the Royal Family, following news of the death of Her Majesty Queen Elizabeth II. Governor Andrew Bailey said: “It was with profound sadness that I learned of the death of Her Majesty The Queen. […]
The post Commonwealth Banks Begin to Address Currency Change in Wake of Queen’s Death appeared first on CoinWeek.
Paper £20 and £50 notes being replaced by new polymer notes By Bank of England ….. If you have any paper £20 or £50 notes, we encourage you to use them or deposit them with your bank or Post Office before 30 September 2022. As paper notes are returned to the Bank of England, […]
The post Only One Month Left to Redeem Paper £20 and £50 UK Banknotes appeared first on CoinWeek.
By Paulina Likos for Gainesville Coins …… Administered by the London Bullion Market Association (LBMA), the London Gold Fix is considered the authority on gold and precious metal valuations. It is the process for how daily prices for gold, silver, and other precious metals are set. The London Gold Fix is established based on […]
The post The London Gold Fix: A Brief Guide appeared first on CoinWeek.
Museum-quality book features never-before-seen accounts from numismatists, historians, descendants of Holocaust survivors, and the granddaughter of the Nazi who ran “Operation Bernhard” A new book titled Forging Secrets: Faces and Facts Inside the Nazi Operation Bernhard Scheme will become available to the public at a special event at the Hyatt Regency Chicago O’Hare on […]
The post New Information on Nazi Counterfeiting Plot to be Unveiled at World’s Fair of Money August 18 appeared first on CoinWeek.
Rare British banknotes that Paper Money Guaranty (PMG) certified from the world-renowned collection of Drs. Joanne and Edward Dauer are being offered in an upcoming Spink auction. Bidding is already underway for the sale, scheduled for April 28, 2021. The top lot is a Great Britain, Bank of England 1934-43 £1,000 issued in London graded PMG […]
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In line with the Bank of England’s introduction of their polymer £20 banknote on the 20th February, the Royal Bank of Scotland has released their corresponding banknote which is also produced on the same plastic substrate
By De La Rue, plc …… On February 20, 2020, De La Rue announced that the new Bank of England £20 note has entered circulation. It features the artist J. M. W. Turner and is the third denomination in the series to convert to a polymer substrate, following on from the £5 and £10, in […]
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Today, the Bank of England released their well-publicised £20 series “G” banknotes which feature the image of the eminent 19th-century painter Joseph Mallord William Turner (1775-1851)
New and surprising information about Bank of England polymer notes has surfaced in which their lifespan has been put into question. The Bank of England has reported that nearly 50 million polymer £5 and £10 notes have had to be replaced since they were launched due to wear and tear
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The National Bank of Poland has released (18th December) new gold collector coins which highlight the National Bank’s repatriation of their pre-war gold reserves back onto Polish soil
The Bank of Scotland has unveiled (7th November) the modified design which will be included on their latest £20 banknote. In keeping with the specifications of circulation banknotes, which are taken from Bank of England banknotes, the new £20 banknotes will be printed on polymer and will also be reduced in their dimensions
The Bank of England today unveiled their next release in the current “G” series which will be the £20 denomination depicting the eminent 19th-century painter Joseph Mallord William Turner (1775-1851). The famed artist was born in Covent Garden, London, as the son of a barber and wig maker
Over 200 banknotes certified by Paper Money Guaranty® (PMG®) comprise the bulk of The Lou Manzi Collection of English Banknotes – Part 2 sale, being held October 10, 2019, by renowned global auction house Spink and Son Ltd. The Manzi Collection ranks among the all-time finest assemblages of British banknotes and includes many highly desirable […]
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On Thursday, Oct. 10, Spink UK will offer Part II of the remarkable Lou Manzi and A. J
The planned issue of the Bank of England’s next generation £50 polymer banknote was announced by Governor Mark Carney during a special event which revealed that computer scientist Alan Turing would be the featured personality on the back.
The process to unveil the design and personality to be featured on the UK’s next £50 banknote all began when the Bank of England asked the country in November 2018 who should be portrayed on the back
The planned issue of the Bank of England’s next generation £50 polymer banknote was announced by Governor Mark Carney during a special event which revealed that computer scientist Alan Turing would be the featured personality on the back.
The process to unveil the design and personality to be featured on the UK’s next £50 banknote all began when the Bank of England asked the country in November 2018 who should be portrayed on the back
In July 1944, close to the end of World War Two, delegates from 44 allied nations gathered in Bretton Woods, New Hampshire to recreate an international financial system and establish regulations for it. Two entities were founded in this meeting—the International Monetary Fund (IMF) and International Bank for Reconstruction and Development (IRBD). After this meeting, the General Agreement on Tariffs and Trade (GATT) was later established
Yesterday, Bank of England Governor Mark Carney announced that pioneer computer scientist Alan Turing (1912–1954) will appear on the back side of the new £50 polymer note. Making the announcement at the Science and Industry Museum in Manchester, the governor also revealed the imagery depicting Alan Turing and his work that will be used for the back of the note
Yesterday, Bank of England Governor Mark Carney announced that pioneer computer scientist Alan Turing (1912–1954) will appear on the back side of the new £50 polymer note. Making the announcement at the Science and Industry Museum in Manchester, the governor also revealed the imagery depicting Alan Turing and his work that will be used for the back of the note
Today, Bank of England Governor, Mark Carney, announced that Alan Turing will appear on the new £50 polymer note By Bank of England ….. Making the announcement at the Science and Industry Museum in Manchester, Bank of England Governor Mark Carney also revealed the imagery depicting Alan Turing and his work that will be […]
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Spink’s sale of the remarkable Lou Manzi and A.J. Simms collections of banknotes was held in London on May 9
PMG certified the top 10 notes in London’s Spink sale of important United Kingdom currency A high-profile collection of United Kingdom banknotes — some dating to the 18th century and most of them certified by Paper Money Guaranty® (PMG®) — sold briskly Thursday in an auction presented by the venerable London firm Spink. The […]
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Results from Dix Noonan Webb’s sale of British notes in late March were dominated by Bank of England rarities. There is nothing remarkable in this. Certainly, collectors of Scottish and private banks’ issue expect their moment in the sun from time to time
All those interested in British paper need to put a large red circle around Thursday, May 9. On that day Spink UK will offer two collections that epitomize the very best of English banknote collecting: those of Lou Manzi and A.J
By Everett Millman – Gainesville Coins …… If you haven’t noticed, Venezuela is in absolute turmoil. The growing calamity has economic, political, and humanitarian dimensions that are beginning to spread across South America. Aside from a growing refugee crisis and shortages of food and medicine, the country is dealing with political upheaval and runaway inflation. Its […]
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Perhaps the number of coins needed in circulation is declining, but as this proves to be true, the British Royal Mint is using its otherwise unused capacity to increase the number of commemorative coins it produces.
There has been a notable shift in where the BRM is putting its focus. Not all of its efforts are being directed solely on coins
Mark Carney, the governor of the Bank of England, announced (2nd November) that the chosen theme for the next generation £50 banknote will be in the field of science, opening the online nomination process to members of the public. Speaking at London’s Science Museum, Governor Carney launched the Bank of England’s website which will accept nominations for the British personality who will appear on the reverse side of the note, expected to be issued after the release of the £20 banknote that is expected to circulate in 2020
Could the credit card be making the British penny irrelevant? According to a Bank of England analysis of the lowly denomination, the answer is yes.
The bank also noted there has also been a decline in the number of items priced ending in 99 pence.
Bank of England economists recently released a statement reading, “As inflation steadily erodes the purchasing power of low denomination coinage, the case for its removal becomes stronger
Paper Money Denominations Updated by Coinweek Staff July 24, 2018 ……. Ever wonder what the highest-denomination paper money banknotes are in the world’s top-producing nations based on GDP? At a time when terrorism and other criminal activities increasingly have the attention of international police and regulatory agencies, there is greater pressure on authorities to eliminate the […]
The post Paper Money – What Are The World’s 15 Highest Denominations Ranked by GDP appeared first on CoinWeek.
CoinWeek Ancient Coin Series by Mike Markowitz …. IMPERIAL ROME NEVER REALLY solved the problem of orderly succession to power. The “normal” pattern of inheritance in a monarchy is an elderly ruler replaced after his natural death by a well-qualified adult son. For Rome, this was an exception, not a rule. Officially, an emperor had […]
The post Imperial Wannabes: The Ancient Coinage of Roman Usurpers appeared first on CoinWeek.
By Everett Millman – Gainesville Coins on gold price ……. Precious metals were mixed on Monday, but both gold and silver dipped due to a strong dollar. The gold price was down 0.25% (-$3) to $1,312/oz at the opening bell. Spot silver slipped 8¢ (-0.5%) to $16.42/oz. However, platinum (+0.3%) and palladium (+1.1%) each traded higher […]
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Coinweek News Wire for April 6, 2018 …. Current Events 1.) Filipinos Not Happy With New Coin Designs Even with this breakdown, it’s obvious that it’s not going to be easy to distinguish which coin is which. All have similar colors, identical layouts, and some are only a few millimeters bigger than others. For example, the PHP10 […]
The post CoinWeek News Wire for April 6, 2018: Twit on Bitcoin, Fake Banknotes, Gold Caper appeared first on CoinWeek.
By Coinweek Coin News Wire …. Coin News Wire for March 9, 2018 Current Events 1.) How to Enter the Illinois Bicentennial Coin Design Contest Illinois Treasurer Michael Frerichs is looking for someone to design the coin that will be created and distributed to commemorate the state’s 200th birthday. Designs must be submitted by May 1. […]
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By Coinweek Coin News Wire …. Coin News Wire for February 9, 2018 Brain Food 1.) Digital != crypto != virtual I suspect that the Telegraph’s confusion may have arisen because of the tendency amongst management consultants (and others) to conflate the two entirely different kinds of electronic money: a cryptocurrency and a digital currency are […]
The post CoinWeek News Wire for Feb. 9, 2018: Germans Love Cash, Inside Jobs, Crypto Crash… appeared first on CoinWeek.
By Coinweek Coin News Wire …. Coin News Wire for January 19, 2018 Brain Food 1.) Who Really Designed the American Dime? …[I]t takes a keen eye to see the very subtle “JS” just beneath Franklin D. Roosevelt’s truncated neck. These are the initials of John Sinnock, the U.S. Mint’s Chief Engraver from 1925 to 1947, […]
The post CoinWeek News Wire for January 19, 2018: HODL or Buy Gold? Coinage Contraband… appeared first on CoinWeek.
The Royal Mint have launched (13th December) their gold sovereign and half sovereign coins dated 2018 which are struck specially for the bullion market. The Bullion strike is an Uncirculated and detailed version of the classic sovereign coin and differs somewhat from the select Brilliant Uncirculated and Proof versions usually marketed as presentation pieces or as collector’s coins
The Royal Mint has launched (4th December) one of the latest coins which is part of the ongoing and popular series entitled “The Queen’s Beasts.” This latest coin is one of ten heraldic Queen’s Beasts that can be seen cropping up through centuries of British Heraldry
By Coinweek …. CoinWeek News Wire for December 1, 2017 Brain Food 1.) Vasilopita – An Important Greek Celebration for New Year Vasilopita literally means St. Basil’s Cake, which contains a hidden coin baked inside. This “New Year’s Cake” is a highly esteemed Orthodox tradition worldwide, having its origins in the 4th century… 2.) History […]
The post CoinWeek News Wire for December 1, 2017: Take a Knee, Not Elon, the Red Kettle appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for November 10, 2017 Brain Food 1.) Boise’s Assay Office played an important role for the whole nation Between 1861 and 1866, Idaho Territory produced about $52 million in gold ($728 million in today’s dollars). As the sheer volume of gold to be tested increased, the nearest facility […]
The post CoinWeek News Wire for November 17, 2017: Fountains of Ruin, Blockchain Blues, In Broad Daylight… appeared first on CoinWeek.
By Bank of England ….. Following the launch of the new £10 note in September, various Jane Austen notes with low or special serial numbers were auctioned for charity on 6 October. The auction, held at Spink, also included a selection of old series notes which are no longer legal tender. The auction raised £269,338 […]
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The Bank of England have officially released their latest £10 bank note with significant changes made from the previous (and current) bank note issued in 2000 with the image of Charles Darwin on the back. The new “G” series, which includes the latest £5 polymer bank note featuring the image of Sir Winston Churchill, is also printed on polymer and includes a familiar image of the well-known 19th-century author Jane Austen (1775–1817)
The Bank of England have officially released their latest £10 banknote with significant changes made from the previous (and current) bank note issued in 2000 with the image of Charles Darwin on the back. The new “G” series, which includes the latest £5 polymer bank note featuring the image of Sir Winston Churchill, is also printed on polymer and includes a familiar image of the well-known 19th-century author Jane Austen (1775–1817)
By Coinweek …. CoinWeek News Wire for September 15, 2017: Brain Food 1.) Why the world has so many Guineas As colonisers carved up the continent, many European nations controlled their own Guinea. At independence, French Guinea became Guinea, Spanish Guinea became Equatorial Guinea, and Portuguese Guinea became Guinea-Bissau. The region was a major source […]
The post CoinWeek News Wire for September 15, 2017: Cash or Credit, Company Scrip, Gold Hold appeared first on CoinWeek.
By Bank of England ….. On Thursday, 10 August, the Bank of England announced that after careful and serious consideration and extensive public consultation there will be no change to the composition of polymer used for future banknotes. The new polymer £20 note and future print runs of £5 and £10 notes will continue to […]
The post Bank of England Decides if Future Polymer Banknotes to Contain Tallow appeared first on CoinWeek.
The Bank of England unveiled the second banknote in the latest “G” series with their new £10 Jane Austen note yesterday (18th July). The bank hosted the unveiling at the historic Winchester Cathedral, the resting place of the famed author
By Everett Millman – Gainesvillecoins.com …… The precious metals were higher again on Tuesday, buoyed by a continued slump for the U.S. dollar. Spot gold was trading above $1,240/oz in the morning, more than 0.5% in the green. The Platinum Group Metals were slightly above unchanged. Spot silver added 11¢ (almost 0.7% higher) to reach […]
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By Coinweek …. CoinWeek News Wire for May 5, 2017 Brain Food 1.) The Krugerrand: Half a century as a store of value The renowned Krugerrand – dubbed the world’s first, most successful and widely-traded gold bullion coin – this year celebrates 50 years since its first minting. It was mainly created to add value […]
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By Coinweek …. CoinWeek News Wire for April 21, 2017 Brain Food 1.) The Hidden Science Of The New British Pound Coin There is however one security feature that the Royal Mint are being particularly cagey about, and that is the feature that they deem to make the coins the most difficult ever to forge. […]
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By Coinweek …. CoinWeek News Wire for April 7 2017 Brain Food 1.) How tough is the new £5 note? The new UK’s new £5 bank note – made of polymer rather than paper – gets the “chemistry treatment”. Featuring Professor Sir Martyn Poliakoff [Of popular Youtube channel Periodic Videos. The professor donated an equivalent […]
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By Coinweek …. CoinWeek News Wire for March 10, 2017 Brain Food 1.) Switzerland ranked world’s worst currency manipulator The Economist magazine placed Switzerland first in a recent ranking of currency manipulators. According to the analysis, China, commonly thought of as the world’s champion at keeping its currency’s value artificially low, appears to be doing […]
The post CoinWeek News Wire for March 10, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for February 24, 2017 Brain Food 1.) Coins tell tales of kings, their fancies The longest reigning ruler Aurangazeb changed his monetary system so many times in his 49 years of reign that numismatist and author of the book South Asian Coins and Paper Money, Rajender Marudhar, says that […]
The post CoinWeek News Wire for March 3, 2017 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for February 17, 2017 Brain Food 1.) A walk through the coinage of ancient India “The first known coins of India, the silver bent bars of the Gandhara Janapada region (Afghanistan, which was part of India), were punch marked coins with symbols of flowers on each side dated 2500 […]
The post CoinWeek News Wire for February 17, 2017 appeared first on CoinWeek.
By Scott Barman for the Gold & Silver PAC ….. From the Political Coordinator As I was sitting down to talk with an old friend over coffee, he turns to me and says, “I think frankly when it comes to chaos you ain’t seen nothing yet.” This Washington veteran, who began his career as an intern […]
The post Gold & Silver PAC February 2017 e-Newsletter appeared first on CoinWeek.
The new auction year gets in full swing with several auctions scheduled during the first few weeks of 2017. Last week, we previewed Heritage Auctions’ “Platinum Night” offerings at this year’s FUN Convention, held in Fort Lauderdale January 5 through January 8
The new auction year gets in full swing with several auctions scheduled during the first few weeks of 2017. Last week, we previewed Heritage Auctions’ “Platinum Night” offerings at this year’s FUN Convention, held in Fort Lauderdale January 5 through January 8
By Charles Morgan and Hubert Walker for CoinWeek …. Tallow: The white nearly tasteless solid rendered fat of cattle and sheep used chiefly in soap, candles, and lubricants. –Merriam-Webster Online Dictionary Tallow. Probably not a word we or any other numismatic authors and journalists have to use much, but it’s at the heart of the […]
The post Controversy Over Animal Fat Used to Manufacture New UK 5 Pound Note appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for December 2, 2016 Current Events 1.) Zimbabwe police fire tear gas at bank note protest “We are not going to embrace bond notes,” Hardlife Mudzingwa, a spokesman for Tajamuka, told AFP. “They are being used to mop up the US dollars that people have in their accounts so […]
The post CoinWeek News Wire for December 2, 2016 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for November 4, 2016 Canada 150 1.) Royal Canadian Mint unveils its 2017 Canada 150 circulation coin series The Royal Canadian Mint has unveiled its 2017 Canada 150 circulation coin series featuring the work of five Canadians selected by popular vote to design the tails side of the […]
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By Coinweek …. CoinWeek News Wire for October 21, 2016 Brain Food 1.) What is the Average Lifespan of a Coin? Coins are tough little devils. Over the course of a coins’ lifespan, they will be dropped, kicked, stepped on, possibly run over by a vehicle, or involved in some children’s experiment to discover just how […]
The post CoinWeek News Wire for October 21, 2016 appeared first on CoinWeek.
By CoinWeek …. CoinWeek News Wire for October 14, 2016 Brain Food 1.) A guide to valuing all your old Irish coins (PHOTOS) Between the formation of the Republic of Ireland, the shift towards decimalization, and the introduction of the Euro, Irish currency underwent a great number of changes over the past 100 years, resulting in […]
The post CoinWeek News Wire for October 14, 2016 appeared first on CoinWeek.
By Scott Barman for the Gold & Silver Political Action Committee ….. From the Political Coordinator Every four years we elect a president and vice president. By definition, elections are politically motivated exercises and candidates look to convince you to elect them and not their opponent. I used an opportunity to have a discussion about […]
The post Gold & Silver PAC October 2016 e-Newsletter appeared first on CoinWeek.
The new £5 polymer note with its long-awaited portrait of Sir Winston Churchill has been one of the most anticipated and talked-about British banknotes and represents the greatest change since the introduction of color £5 notes in 1957. The May 2016 unveiling of the Bank of England’s latest superstar was just that—as if a great celebrity had come to town and was looking forward to meeting their excited and awaiting fans
The new £5 polymer note with its long-awaited portrait of Sir Winston Churchill has been one of the most anticipated and talked-about British banknotes and represents the greatest change since the introduction of color £5 notes in 1957. The May 2016 unveiling of the Bank of England’s latest superstar was just that—as if a great celebrity had come to town and was looking forward to meeting their excited and awaiting fans
On Monday, October 3, many witnessed a wonderful sight in Spink’s London auction room; an entirely non-profit auction of the brand-new Bank of England notes. The auction began at 5pm and continued till 8pm with a jam-packed room and voracious bidding on the phones and internet. The auction started with the Chief Cashier of the […]
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By Coinweek …. CoinWeek News Wire for October 7, 2016 Brain Food 1.) ANA Unveils Treasures In Your Pocket In 2014 a collector discovered a 1969-S Lincoln cent in his pocket change. Upon further inspection, he realized it was a rare doubled die cent. The value of his find? $19,800… To encourage budding coin collectors, the […]
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By Coinweek …. CoinWeek News Wire for September 30, 2016 Brain Food 1.) The evolution of money in its many forms In his new book The Curse of Cash, which was released on September 7, the Harvard University economist Kenneth Rogoff argues for the near-total abolition of paper money, on the grounds that technology has […]
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By Coinweek …. CoinWeek News Wire for September 23, 2016 The Future Is Now 1.) Bitcoin is money, U.S. judge says in case tied to JPMorgan hack “Bitcoins are funds within the plain meaning of that term,” [Judge Alison] Nathan wrote. “Bitcoins can be accepted as a payment for goods and services or bought directly […]
The post CoinWeek News Wire for September 23, 2016 appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for September 9, 2016 Brain Food 1.) Deciphering history, one coin at a time Pankaj Tandon, an accidental numismatist, is breathing life into forgotten kingdoms and solving historical puzzles with the help of ancient currency… 2.) Printing money, minting coins, refining gold IF THERE is one single Philippine institution […]
The post CoinWeek News Wire for September 16, 2016 appeared first on CoinWeek.
Spink’s eagerly anticipated Autumn World Banknotes sale is here Spink’s esteemed banknote specialist, Barnaby Faull, comments that “It doesn’t seem so long ago when I was a young man (to many of you I still am!) and the banknote department was grudgingly allowed a few banknote lots at the end of a coin sale, how […]
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By Bank of England ….. The Bank of England’s first polymer note – the new £5 featuring Sir Winston Churchill – enters circulation today, Tuesday 13 September. We have printed 440 million New Fivers and they will begin to be available from many cash machines and bank counters across the UK from today. You can […]
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Over 1,100 lots of United States, Chinese and worldwide banknotes, coins, scripophily (stocks and bonds), security printing ephemera and the American Bank Note Company’s inventory of modern numismatic and philatelic souvenir cards and production material will be sold at public auction on Tuesday, July 26 by Archives International Auctions. The auction will be held in […]
The post World Paper Money Auction – Archives International XXXIV July 26 appeared first on CoinWeek.
Over 1,100 lots of United States, Chinese and worldwide banknotes, coins, scripophily (stocks and bonds), security printing ephemera and the American Bank Note Company’s inventory of modern numismatic and philatelic souvenir cards and production material will be sold at public auction on Tuesday, July 26 by Archives International Auctions. The auction will be held in […]
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By Joshua McMorrow-Hernandez for Coinweek ……. The Bank of England announced it will release a new £20 banknote featuring artist J.M.W. Turner in 2020. The new £20 pound note will be printed on polymer, as will the next series of £5 and £10 British banknotes. The selection of J.M.W. Turner to appear on the £20 […]
By Bank of England ….. Victoria Cleland, the Bank of England’s Chief Cashier, has announced that the Bank will unveil the design of the new £5 banknote on Thursday 2 June 2016. In her speech at the Retail Business Technology Expo in London on March 10, Victoria outlined the benefits of polymer banknotes and how […]
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By Ron Drzewucki – www.moderncoinwholesale.com….. I’ve discussed a couple of the big names in bullion and precious metals so far (namely PAMP Suisse, ScotiaMocatta and The Royal Mint), and today I’m going to add another into the mix. Johnson Matthey is a British multinational chemical company that started out as a well-known and respected precious […]
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By Patrick Honohan, Governor of the Central Bank of Ireland…. Currency Choices in Ireland Past and Present Introduction A certain nostalgia has recently been evident, south of the border, for the sterling link period before 1979, when Bank of England notes circulated alongside the Irish pound. But are those traditionalists looking at history through rose-tinted […]
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