Category Archives: Indian Banknotes

Stack’s Bowers Announces Paradise Collection of World Banknotes

Stacks Bowers Galleries is pleased to announce that they have been chosen to present the Paradise Collection to the numismatic community. This important cabinet features treasures that span the entire globe and represent hundreds of years of history, thoughtfully curated with both quality and prestige in mind. Due to its magnitude and the diversity of […]

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PMG Certifies India “Discovery Note” at Hong Kong Event

The 1925 banknote was not previously known to specialists Paper Money Guaranty® (PMG®) has certified a previously unknown British India banknote at its recent on-site grading event in Hong Kong. The 1925 1,000 Rupees note was issued in Kurrachee, now spelled Karachi, a city that has been part of Pakistan since 1947. Previously, the only […]

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India: Chronic shortage of 10-rupee coins forces mints to increase smaller denominations

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

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Stack’s Bowers Ponterio Presents April 2018 Hong Kong Paper Money Auction

Stack’s Bowers and Ponterio is proud to announce their April 2018 Hong Kong Paper Money Auction. It presents a very diverse auction and the catalog contains pieces for every type of collector of Asian banknotes, from Empire, to Commonwealth, and all the way down to fancy numbers and errors. Included among the highlights are pieces […]

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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 17, 2017: Fountains of Ruin, Blockchain Blues, In Broad Daylight…

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 […]

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CoinWeek News Wire for October 27, 2017: The Bitcoin Revue, Vending Machines for Crows

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 […]

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CoinWeek News Wire for September 15, 2017: Cash or Credit, Company Scrip, Gold Hold

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 […]

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CoinWeek News Wire for September 8, 2017: Hanging with Beatrix, Busted Bitcoin, Gold Fakers

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 […]

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CoinWeek News Wire for September 1, 2017: Fake Gold, Fake Coins, and Fort Knox

By Coinweek …. CoinWeek News Wire for September 1, 2017:  Brain Food 1.) Scrooge McDuck and Switzerland For almost 400 years, kreuzers were probably the most important small coins being circulated every day in Switzerland. It was not only a method of payment, but was also used to measure the value of other coins. Kreuzers […]

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CoinWeek News Wire for August 25, 2017: Coins, Guns, and Fort Knox

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 […]

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CoinWeek News Wire for August 25, 2017: Coins, Guns, and Fort Knox

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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CoinWeek News Wire for August 11, 2017: Brain Food, Littleton Theft, China…

By Coinweek …. CoinWeek News Wire for August 11, 2017:  Brain Food 1.) Rare coins have Holdrege, Colorado link Kinkaid began researching the history of the Lesher Dollar in 1984. In 1992, he hired Holdrege genealogist Sandra Slater as the research director for the project. While Kinkaid said many in the coin hobby don’t know […]

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CoinWeek News Wire for July 21, 2017: The Hobby Under Fire, Endangered Cash, & Coin Crime

By Coinweek …. CoinWeek News Wire for July 14, 2017:  The War on Cash 2: This Time It’s Personal 1.) ‘CASH ESSENTIAL TO PERSONAL FREEDOM’ – EUROPEANS PUSH BACK The biggest cited concern for respondents was the threat the cash restrictions would pose to privacy and personal anonymity. A total of 87% of respondents viewed […]

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CoinWeek News Wire for June 30, 2017

By Coinweek …. CoinWeek News Wire for June 30, 2017 Brain Food 1.) Making Cents of Currency’s Ancient Rise Objects that occurred rarely in nature and whose circulation could be efficiently controlled emerged as units of value for interactions and exchange. These included shells such as mother-of-pearl that were widely circulated in the Americas and […]

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CoinWeek News Wire for June 30, 2017

By Coinweek …. CoinWeek News Wire for June 30, 2017 Brain Food 1.) Making Cents of Currency’s Ancient Rise Objects that occurred rarely in nature and whose circulation could be efficiently controlled emerged as units of value for interactions and exchange. These included shells such as mother-of-pearl that were widely circulated in the Americas and […]

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CoinWeek News Wire for May 5, 2017

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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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 9, 2016

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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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 Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

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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World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

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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Conveying Wealth and Culture: Ships on World Banknotes

The junk and dhow are two ancient ship models that are prominently featured on banknotes in dozens of countries Images of national pride, of rich history and economic strength, of autonomy and cultural heritage have served to round out and embellish banknotes from all ages and corners of the world. The junk and dhow have […]

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Gold Markets Report – Gold Again Loses Ground to the Dollar

Gold Markets Commentary for Thursday, November 18, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $8.00 at $1,208.50 USD today so on the week gold has lost $10.60 with a top to bottom spread of $15.50. This market continues weak as the dollar again moves higher […]

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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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Stack’s Bowers ANA World Paper Money Auction Yields Strong Results

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 […]

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World Paper Money – The Charminar: Proof of Architectural Beauty

By Aris Maragoudakis – Currency Specialist, Stack’s Bowers …… Our August Official Auction of the ANA World’s Fair of Money features an exceptional and rare hand-drawn artist proposal. This marvelous Artist Essay exudes everything collectible about Indian paper money, from guilloché borders, and calligraphic writing, to striking lifelike vignettes. This piece is hand drawn and […]

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