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 […]
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Adding excitement to the upcoming Heritage Auctions HKINF World Paper Money Signature Auction, being held December 17-19, 2020 is the featured offering of the Ernest J. Montgomery, M. D. Collection of Chinese banknotes. The core of this collection centers around the first series of banknotes by issued the People’s Bank of China between 1949 and […]
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The XXIV Olympic Winter Games will take place in Beijing and Zhangjiakou Feb. 4-20, 2022. This is the first time China is hosting the Winter Olympic Games, and Beijing will become the first city to host both the Summer and Winter Olympic Games
By Richard Giedroyc
Talk about dirty money! What about money laundering? Fear of the coronavirus epidemic spreading worldwide is resurrecting the urban legend about how germs on our physical money may be making us sick.
At the time this article was being written no one yet knew for certain how the coronavirus (officially known as COVID-19) is spread. It was known the disease can be passed person to person, but if the spread is generated through breathing the same air, touching an infected person, touching bank notes the infected person used, or some other mechanism is yet to be learned
Chinese state media has announced the death of one of the country’s most well-known personalities of the early communist state. Liang Jun (1930–2020) was one of the first and most renowned model workers
Paper Money Guaranty® (PMG®) has created an online image gallery to showcase the 285 PMG-certified specimen notes in the amazing DC Chio Collection of First Series Renminbi (RMB). The Renminbi was introduced in December 1948 by the nascent People’s Bank of China in order to facilitate commerce in areas controlled by the Communist forces during […]
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The People’s Bank of China has issued a set of gold and silver commemorative coins themed on the Ancient City of Pingyao, a UNESCO World Heritage Site. It is the first time the city has been commemorated on coins or currency since the People’s Republic of China was founded in 1949
The People’s Bank of China has issued a set of gold and silver commemorative coins themed on the Ancient City of Pingyao, a UNESCO World Heritage Site. It is the first time the city has been commemorated on coins or currency since the People’s Republic of China was founded in 1949
A stunning perspective view of parts of the Hong Kong–Zhuhai–Macao Bridge features on the reverse of the silver 10 yuan struck to mark the opening of world’s longest sea crossing. (Image courtesy China Gold)
The longest sea crossing and the longest fixed link on the planet, the Hong Kong–Zhuhai–Macao Bridge, was opened to the public last October.
To commemorate the event, the People’s Bank of China has issued a 40 mm, 30 g,
The People’s Bank of China has issued (16th November) new collector coins which are in celebration of the upcoming Lunar New Year that occurs on the 5th February 2019. Each year in the lunar calendar is assigned a zodiac in the Chinese tradition, and every 12 years, this cycle repeats itself with the Pig being the last in the cycle
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.
94% sell-through rate produces third-highest total for any Heritage Hong Kong auction Led by strong bidding across the board, especially for Chinese coins and currency, World Coins & Ancient Coins Auction and its World Currency in the Heritage Hong Kong Auction combined to bring $4.38 million. With a combined sell-through rate of 94 percent by value, the […]
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The People’s Bank of China has issued two collector coins on the occasion of the 30th anniversary of one of the country’s first commercial banking entities that introduced customer and international banking to the Chinese public. Founded on the 26th August 1988, as the Fujian Industrial Bank, its function was to introduce the mainland Chinese to the services of a commercial bank for the purpose of deposits, business and personal loans, international settlements, in addition to banking services such as issuing financial bonds to local and national government authorities
The People’s Bank of China has issued two collector coins on the occasion of the 30th anniversary of one of the country’s first commercial banking entities that introduced customer and international banking to the Chinese public. Founded on the 26th August 1988, as the Fujian Industrial Bank, its function was to introduce the mainland Chinese to the services of a commercial bank for the purpose of deposits, business and personal loans, international settlements, in addition to banking services such as issuing financial bonds to local and national government authorities
By Coinweek Coin News Wire …. Coin News Wire for January 26, 2018 Brain Food 1.) This is the reason why only dead people can be featured on American currency In 1866, Congress issued an act stating that no living person can be portrayed on American currency. Our Founding Fathers believed it was unpatriotic for living […]
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The People’s Bank of China have issued new silver coins in celebration of the upcoming Lunar New Year, which will be observed on the 16th February according to the Gregorian (western) calendar. The People’s Bank first launched the Lunar New Year Silver Commemorative Coin Project in 2015 and has proven to be very popular with many Chinese citizens who have given the coins as tokens of celebration or welcome gifts
By Yuan Shui Qing, Xi’an Numismatic Society, for the Journal of East Asian Numismatics …… The Macau Numismatic Society was founded in 1988, and since then has become a major player in the Greater Chinese collecting sector. The Society’s leading figure is David Chio. David Chio was born in 1957 in Macau. After much […]
The post Coin Club News – An Interview with David Chio of the Macau Numismatic Society appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for September 29, 2017: Brain Food 1.) Body Armor Made of Old Chinese Coins The Tlingit believed that the coins would provide protection from bullets. There is some anecdotal evidence that such body armor was in fact effective in a battle with the Russians in the year 1792. According […]
The post CoinWeek News Wire for September 29, 2017: Japan Crypto, Russian Gold, War on Cash appeared first on CoinWeek.
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 Coinweek …. CoinWeek News Wire for September 8, 2017: Brain Food 1.) New Anti-Counterfeiting Technology: Dogs The first counterfeit-sniffing dog, Mike, went into the field in 1997, and other dogs since then have had great success finding and busting counterfeiters. The Secret Service has expanded the canine anti-counterfeiting program, and begun tackling counterfeiting of […]
The post CoinWeek News Wire for September 8, 2017: Hanging with Beatrix, Busted Bitcoin, Gold Fakers appeared first on CoinWeek.
Dillon Gage Asia, a subsidiary of Dillon Gage Metals, one of the world’s largest precious metals wholesale firms, has entered into an agreement with China Great Wall Coins Investment Ltd. to distribute bullion coins from the official sovereign mint of China. China Great Wall is a subsidiary of the People’s Bank of China, based in […]
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Dillon Gage Asia, a subsidiary of Dillon Gage Metals, one of the world’s largest precious metals wholesale firms, has entered into an agreement with China Great Wall Coins Investment Ltd. to distribute bullion coins from the official sovereign mint of China. China Great Wall is a subsidiary of the People’s Bank of China, based in […]
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Stack’s Bowers and Ponterio is pleased to announce the results of their August 2017 Hong Kong Showcase Auction of Chinese Coins, Foreign Coins and Paper Money. Once again the semi-annual sale located at the Mira Hotel attracted collectors, dealers and enthusiasts from around the globe. In addition to the excellent auction sessions, the week was […]
The post Stack’s Bowers and Ponterio August Hong Kong Auction of Chinese, World Coins & Paper Money Realizes $4.26 Million appeared first on CoinWeek.
Stack’s Bowers and Ponterio is pleased to announce the results of their August 2017 Hong Kong Showcase Auction of Chinese Coins, Foreign Coins and Paper Money. Once again the semi-annual sale located at the Mira Hotel attracted collectors, dealers and enthusiasts from around the globe. In addition to the excellent auction sessions, the week was […]
The post Stack’s Bowers and Ponterio August Hong Kong Auction of Chinese, World Coins & Paper Money Realizes $4.26 Million appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for May 12, 2017 Current Events 1.) Indian Demonetization did not impede future black money flows: UN report The Indian government’s demonetisation measures did not impede future black money flows in new denominations, a UN report said on Monday. According to UN Economic and Social Survey of Asia […]
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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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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 […]
The post CoinWeek News Wire for January 6, 2017 appeared first on CoinWeek.
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 […]
By Everett Millman – Gainesville Coins ……. Since the early 1980s, the People’s Republic of China has struck its own gold and silver bullion coins for international trade. In addition to their precious metal content, these coins are also prized collectibles due to their lower mintage figures compared to most government-issued bullion coins. Now, the […]
The post Mintages Raised for Chinese Silver, Gold Panda Coins appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. This year, no central bank or central government has bought gold at a more vigorous pace than the Russian Central Bank. It has significantly added to its gold reserves in 2016, and this trend has continued. September saw Russia grow its gold reserves by 500,000 troy ounces (15.55 […]
The post Precious Metals & the World Economy – Russian Gold Reserves Grow appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. This year, no central bank or central government has bought gold at a more vigorous pace than the Russian Central Bank. It has significantly added to its gold reserves in 2016, and this trend has continued. September saw Russia grow its gold reserves by 500,000 troy ounces […]
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By Everett Millman – Gainesville Coins ………. Over the past five to seven years, there has been a consistent flow of gold bars out of Western vaults in New York and London. The destination of this gold bullion has been the East—especially China, Russia, and Russia’s closest Eurasian allies. One question that the past several […]
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By Louis Golino for CoinWeek…. One of the most anticipated events of the modern world coin scene every year is the release in October of the design for the following year’s silver and gold Panda coins by the People’s Bank of China. Last year’s release of these coins shocked many people when the inscriptions for […]
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