Category Archives: African Banknotes

Rare Zanzibar Note, Canadian $5 in Stack’s Bowers Paper Money Auction

Serial Number 1 Merchants Bank of Canada 5 Dollar By Christopher Dahncke – Currency Auction Associate, Stack’s Bowers Galleries …… The upcoming Stack’s Bowers August 2020 World Paper Money auction offers an exciting and vast array of notes from a variety of countries. One is a 5 Dollar Merchants Bank of Canada issued note, CH […]

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More Than 200 PMG-Certified Banknotes From Ibrahim Salem Collection Part 2 to be Sold

More than 200 banknotes certified by Paper Money Guaranty® (PMG®) are part of the Ibrahim Salem Collection of British Commonwealth Banknotes Part 2 sale being held October 2, 2019, by renowned global auction house Spink & Son Ltd. Most of these notes were certified at a PMG on-site grading event held in Munich over the […]

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PMG-Graded Banknotes From Muszynski and Dauer Collections to be Sold in April

More than 150 banknotes that were certified by Paper Money Guaranty® (PMG®) from two important collections are being offered in a Spink auction in London, April 17-18. They include 97 PMG-certified banknotes from the Michael Muszynski Collection of Sub-Saharan Africa and 62 PMG-certified banknotes from the Joanne and Edward Dauer Collection of Burma, Ceylon and […]

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South Africa Releases Designs for Coins, Currency Commemorating Nelson Mandela

By South African Reserve Bank ……   The South African Reserve Bank (SARB) will be launching its first commemorative banknote series, in celebration of the first democratically elected president Nelson Mandela’s birth centenary. These notes will cover all denominations – R10, R20, R50, R100 and R200. As part of the celebrations, the South African Mint, […]

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World Paper Money – South Africa Treasures in Stack’s Bowers Collectors Choice Sale

By Aris Maragoudakis – Director of World Currency Auctions, Stack’s Bowers Galleries …… In our May Collectors Choice Sale closing live at StacksBowers.com on May 16, are featured two important pieces of paper money from South Africa. Lot 72357 is a Pick 39, South Africa Treasury 1 Pond, with an 1872 date, in a PCGS […]

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CoinWeek News Wire for March 2, 2018: Elon Musk Cryptoking? Gold Underfoot…

By Coinweek Coin News Wire …. Coin News Wire for March 2, 2018 Current Events 1.) New Jim Thorpe one-dollar coins selling out fast The people of Jim Thorpe were lining up to get the newest coin from the US Mint. The Jim Thorpe Neighborhood Bank has already sold out of a 3,000-coin shipment it received […]

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South Africa Celebrates Nelson Mandela Centenary with Commemorative Banknotes, Coin

By South African Reserve Bank ……   The South African Reserve Bank (SARB) will this year launch a set of commemorative South African banknotes in honour of what would have been Nelson Mandela’s centenary. These notes will cover all denominations – R10, R20, R50, R100 and R200. At the same time, the South African Mint, […]

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CoinWeek News Wire for January 19, 2018: HODL or Buy Gold? Coinage Contraband…

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, […]

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CoinWeek News Wire for December 15, 2017: Christmas Gold Coins, Bitcoin News, Greek Coins

By Coinweek …. CoinWeek News Wire for December 15, 2017 Brain Food 1.) Ancient Jewish Coins – Fame, Fortune and Fakes Did you get gelt? No, not the chocolate kind but honest-to-goodness gelt. Maybe you were lucky to receive a genuine Judaean coin for Chanukah. Or a medallion from the early years from the State […]

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CoinWeek News Wire for December 1, 2017: Take a Knee, Not Elon, the Red Kettle

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 […]

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CoinWeek News Wire for November 23, 2017: Bitcoin Nyet, and Speaking of Crime…

By Coinweek ….   CoinWeek News Wire for November 23, 2017 Brain Food 1.) Patriotic collectors boost market for ancient Chinese artefacts Following the fashions to buy western art and classic wristwatches, historical Chinese artefacts are now the must-have item for the country’s wealthy collectors who are snapping up maps, books and other objects that […]

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CoinWeek News Wire for October 13, 2017: Swiss 10 Franc, Money Monopoly

By Coinweek …. CoinWeek News Wire for October 13, 2017:  Brain Food 1.) Silver dollar artist: Orem sculptor designs WWI commemorative coin The most common mistake beginners make, contest officials told LeRoy Transfield, is adding too much detail. So the Orem sculptor meticulously planned every detail of his 8-inch plaster masterpiece: a soldier with a […]

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Stack’s Bowers Galleries Brokers Private Sale of Zanzibar Bank Notes with Spink and Trusted Traditions

Stack’s Bowers Galleries, in conjunction with Spink London and Trusted Traditions, is pleased to announce that it has brokered a record setting private treaty sale of a complete Waterlow and Sons set of banknotes from Zanzibar at an undisclosed price. Zanzibar, a tiny island off the east coast of Africa, is a semi-autonomous region belonging […]

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World Currency News – Paraguay, Turkey, Madagascar Introduce New Banknotes

Madagascar to Issue New Range of Bills By Central Bank of Madagascar …… Following Decree No. 2017-400, adopted in Government Council on May 23, 2017, the Central Bank of Madagascar (Banky Foiben’i Madagasikara, or BFM, in Malagasy) will start issuing a new range of banknotes this month. The first group was released July 17, consisting […]

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CoinWeek News Wire for March 10, 2017

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 […]

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CoinWeek News Wire for February 17, 2017

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 […]

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CoinWeek News Wire for January 6, 2017

By Coinweek ….   CoinWeek News Wire for January 6, 2017 Brain Food 1.) Design Moments: Irish Free State coins c. 1928 By 1926 the newly-minted Irish Free State was ready to get its own coinage and by the time the Coinage Act was enacted in 1927 a design competition was under way… 2.) Stories […]

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CoinWeek News Wire for January 6, 2017

By Coinweek ….   CoinWeek News Wire for January 6, 2017 Brain Food 1.) Design Moments: Irish Free State coins c. 1928 By 1926 the newly-minted Irish Free State was ready to get its own coinage and by the time the Coinage Act was enacted in 1927 a design competition was under way… 2.) Stories […]

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CoinWeek News Wire for January 6, 2017

By Coinweek …. CoinWeek News Wire for January 6, 2017 Brain Food 1.) Design Moments: Irish Free State coins c. 1928 By 1926 the newly-minted Irish Free State was ready to get its own coinage and by the time the Coinage Act was enacted in 1927 a design competition was under way… 2.) Stories of […]

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CoinWeek News Wire for December 2, 2016

  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 […]

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World Banknote News – Zimbabwe Introduces Bond Notes

By Reserve Bank of Zimbabwe ….. The Reserve Bank of Zimbabwe is pleased to advise the nation of the introduction of bond notes with effect from Monday, 28 November 2016. The bond notes will be released into the market through normal banking channels in small denominations of $2 and $5 to fund export incentives of […]

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CoinWeek News Wire for November 25, 2016

By Coinweek …. CoinWeek News Wire for November 25, 2016 Brain Food 1.) Q&A: Erik Goldstein Erik J. Goldstein is the senior curator of mechanical arts and numismatics at the Colonial Williamsburg Foundation and has been in this position since 2002. A student of military history and numismatics, he has lectured widely and instructs a three-year […]

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CoinWeek News Wire for November 18, 2016

By Coinweek ….   CoinWeek News Wire for November 18, 2016 Brain Food 1.) The priceless legacy of P.L. Gupta We owe a great debt to coin collector P.L. Gupta, whose career continues to shape the study of the monetary and numismatic history of India… 2.) A Brief History of the Racketeer Nickel [T]he Deadwood nickel is […]

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CoinWeek News Wire for November 11, 2016

By Coinweek …. CoinWeek News Wire for November 11, 2016 Current Events 1.) Some Central Florida toll booths not registering $1 coins Central Florida Expressway Authority officials said they weren’t aware of the problem until Channel 9 brought it to their attention… Under the Radar 2.) Commemorative Singapore Botanic Gardens coin unveiled A commemorative coin showcasing iconic features of the Singapore […]

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World Currency News – Zimbabwe Bond Notes Plan Criticized

By Steven Cochran for Gainesville Coins …… Zimbabwe’s shattered economy and massive trade deficit have caused a dollar shortage which has paralyzed the nation. The government hopes to reduce the current cash shortage by introducing the first domestic paper money since the collapse of the Zimbabwean dollar in 2009. The public reaction was what you […]

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World Paper Money – Finest Known Issued, Uncancelled Zanzibar 5 Rupees

By Aris Maragoudakis – Currency Specialist, Stack’s Bowers …… In the Stack’s Bowers official January New York International Numismatic Convention (NYINC) auction, we are pleased to offer an extremely rare, and well-preserved Zanzibar 5 rupees banknote. This tiny geographic area is a semi-autonomous archipelago off the coast of Tanzania. Microlithic tools have proven that Zanzibar […]

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Market Whimsy: Mothers of Invention

By Charles Morgan and Hubert Walker …. We love Columbus, Ohio. We spent some time there in the early 2000s, and even though neither of us has been back in a while, we still marvel at the culture one can find tucked away in various corners of the city: Hermon Atkins MacNeil’s bronze statue of […]

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World Paper Money – Liberia to Issue New Bank Notes

By Central Bank of Liberia ….. The Central Bank of Liberia (CBL) wishes to inform the general public that in keeping with its statutory mandate to at all times ensure that the integrity of the Liberian Dollar is uncompromisingly maintained, the CBL will shortly introduce a new series of banknotes into the Liberian economy. This […]

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World Paper Money – Unrecognized Countries and Their Currency, Pt 1: Africa

African Banknotes -A complicated history of independent states and their efforts to remain free from colonial rule There have been a litany of unrecognized countries over the last few centuries, and we will highlight a number of these nations in this two-part article series. As you will see, there is a complicated history of independent […]

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Burundi Issues New Banknote Series

By CoinWeek News Staff….   The Bank of the Republic of Burundi (BRB), having the exclusive right to issue bank notes and coins legal tender in Burundi, launched a new range of bills on April 29, 2015 in denominations of 500, 2000, 5,000 and 10,000 Burundian francs (BIF). Made with modern international security standards and […]

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