By Tyler Rossi for CoinWeek ….. Starting in 1903, the British mint in Calcutta was making plans for the eventual production of the one Anna denomination–which, prior to the decimalization of the Rupee in 1957, was equivalent to 1/16th of a Rupee. So over the next three years, the Calcutta mint produced a series of […]
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The Reserve Bank of India has issued silver commemorative coins in remembrance of the 150th anniversary of the birth of the country’s national hero, Mohandas K. Gandhi — otherwise affectionately known as the Mahatma, or, “venerable soul
The Reserve Bank of India has issued silver commemorative coins in remembrance of the 150th anniversary of the birth of the country’s national hero, Mohandas K. Gandhi — otherwise affectionately known as the Mahatma, or, “venerable soul
The Reserve Bank of India (RBI) has announced (26th April) they will shortly issue the new ₹20 denomination banknotes (U.S
Among the many world rarities that will be offered in Dix Noonan Webb’s world paper April 16 sale will be an extremely rare consecutive pair of Reserve Bank of India Haj Pilgrimage Rs100 (P-R6).
The pair of Reserve Bank of India Haj Rs100 that will be sold separately in April by DNW in PMG30 VF, with estimates of $40,000-46,000 apiece. (Photos courtesy DNW)
The paper of the two notes, HA 020594 and HA 020595, is in excellent condition and lacks any graffiti
The Reserve Bank of India has responded to a shortage of 10-rupee coins with orders of smaller denomination coins to make up the difference in the money supply. Owing to a delay in the procurement of raw materials which are needed to mint the base metal bi-metallic coins, the Reserve bank had little option but to decrease their orders from the Security Printing & Minting Corporation of India (SPMCIL), which oversees the country’s four government minting units in Kolkata, Mumbai, Hyderabad, and Noida
Paper Money Denominations Updated by Coinweek Staff July 24, 2018 ……. Ever wonder what the highest-denomination paper money banknotes are in the world’s top-producing nations based on GDP? At a time when terrorism and other criminal activities increasingly have the attention of international police and regulatory agencies, there is greater pressure on authorities to eliminate the […]
The post Paper Money – What Are The World’s 15 Highest Denominations Ranked by GDP appeared first on CoinWeek.
The Reserve Bank of India (RBI) has announced (18th July) plans to issue new 100-rupee banknotes ($U.S
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 Coinweek …. CoinWeek News Wire for October 27, 2017: Brain Food 1.) Coin stash that puts new spin on China’s 100 years of humiliation Inside a nondescript Hong Kong warehouse sit seven tons of Qing dynasty coins – proof, their owner says, that it was the imperial monetary system, not the opium trade, that […]
The post CoinWeek News Wire for October 27, 2017: The Bitcoin Revue, Vending Machines for Crows 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.
By Reserve Bank of India …. The Reserve Bank of India (RBI) has issued ₹ 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage. The […]
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The Reserve Bank of India have announced (18th August) the addition to their latest bank-note series, which was introduced earlier this year. The new note is a 50-rupee denomination and the unusual feature it boasts is that the colour is somewhat fluorescent in appearance
The Reserve Bank of India have announced (18th August) the addition to their latest bank-note series, which was introduced earlier this year. The new note is a 50-rupee denomination and the unusual feature it boasts is that the colour is somewhat fluorescent in appearance
By Coinweek …. CoinWeek News Wire for August 25, 2017: Under the Radar 1.) King Rama IX commemorative coins unveiled A portrait of the late monarch in court regalia appears on one side of the coins along with his name in Thai. On the reverse are a depiction of the crematorium being erected at Sanam […]
The post CoinWeek News Wire for August 25, 2017: Coins, Guns, and Fort Knox appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for August 25, 2017: Under the Radar 1.) King Rama IX commemorative coins unveiled A portrait of the late monarch in court regalia appears on one side of the coins along with his name in Thai. On the reverse are a depiction of the crematorium being erected at […]
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By Coinweek …. CoinWeek News Wire for July 28, 2017: Digital Cash Revolution 1.) UPDATE: “WE ARE DECLARING WAR ON CASH,” BANK SPOKESMAN ANDY GERLT …[A]mong the people championing the convenience of a cashless society are those who use iphones to buy Starbucks coffee. These devotees who will sacrifice freedom for convenience will not […]
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By Coinweek …. CoinWeek News Wire for June 16, 2017 Brain Food 1.) What’s the Difference Between the Edge and the Rim of a Coin? The edge runs around the entire circumference of the coin, and is the portion that has the reeding on it if it’s a dime or quarter dollar. The rim is […]
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By Coinweek …. CoinWeek News Wire for June 9, 2017 Brain Food 1.) Vikings knew how to maintain trust in their money By the 880s the Vikings had taken over the territory of all but the West Saxons but they provided their subjugated peoples with money they knew – in the form of imitations of […]
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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 […]
The post CoinWeek News Wire for May 12, 2017 appeared first on CoinWeek.
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 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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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 […]
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 Coinweek …. CoinWeek News Wire for December 9, 2016 Brain Food 1.) Plough uncovers major hoard of Roman coins A WONDERFUL collection of 120 Roman Imperial coins was unearthed in the Isle of Axholme. The so-called Owston Ferry Hoard was discovered in 1952 by Mr. A. T. Pitchfork. Ploughing a field in the village, […]
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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.
There was more than one surprise on election night… By CoinWeek Staff Reports …. While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 rupee […]
The post World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes appeared first on CoinWeek.
There was more than one surprise on election night… By CoinWeek Staff Reports …. While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 rupee […]
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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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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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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 […]
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By Coinweek …. CoinWeek News Wire for August 19, 2016 Brain Food 1.) Rare coins in rare places While finding one or more rare coins in a totally unexpected location doesn’t happen very often, it does happen. Here are three stories about rare coins found in surprising spots… 2.) Some interesting facts about Indian currency […]
The post CoinWeek News Wire for August 26, 2016 appeared first on CoinWeek.
Stack’s Bowers Galleries is pleased to announce the results of their August 2016 ANA World Paper Money Sale. This sale produced pleasing results, with many lots fetching above their high estimate. This sale solidified the notion that many areas of the World Paper Money market are continuing to grow! All in all, the entire Stack’s […]
The post Stack’s Bowers ANA World Paper Money Auction Yields Strong Results appeared first on CoinWeek.
By Coinweek …. CoinWeek News Wire for July 29, 2016 Brain Food 1.) Deciphering history through coins Another prized possession is the one with an imprint of Alexander [the Great] on the face of the coin. “It belongs to 327 B.C. and there is also a story that Alexander married an Indian tribal woman. I […]
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By Everett Millman – Gainesville Coins ………. The government of India may have finally gotten a break regarding its attempts to monetize the country’s vast quantities of “idle” gold. While it is estimated that the public in India holds a staggering 20,000 metric tonnes of gold (or more), a considerable portion of these savings are […]
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By Coinweek …. Hello, and welcome back to CoinWeek’s weekly roundup of the strange and off-center in coin and currency news. Today’s roundup happens to fall on April 1 – once known as New Year’s but now better known as April Fool’s. We leave it to you, gentle reader, to decide whether one (or more?) […]
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