The Reserve Bank of Zimbabwe has announced (14th May) it will be releasing larger value banknotes into circulation. The release of the ZWL $10 denomination will commence from the date of the announcement, and the issue of the ZWL $20 denomination is scheduled to enter circulation from the first week of June 2020
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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By Coinweek …. CoinWeek News Wire for December 8, 2017 Current Events 1.) BEP Damaged Currency Redemption With the wildfires raging in California, it’s important to remember that the Bureau of Engraving and Printing (BEP) offers a redemption program for burned, mutilated or otherwise damaged currency. Follow this link to learn more. 2.) Zimbabwe not […]
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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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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 […]
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By Coinweek …. CoinWeek News Wire for September 22, 2017: Brain Food 1.) The ATM at 50: How it’s changed consumer behavior The wide acceptance of the ATMs changed the types of cash Americans typically carry in the pocketbooks. Since ATMs became more widely available in the early 1980s, the $20 bill has regularly been […]
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By Coinweek …. CoinWeek News Wire for September 22, 2017: Brain Food 1.) The ATM at 50: How it’s changed consumer behavior The wide acceptance of the ATMs changed the types of cash Americans typically carry in the pocketbooks. Since ATMs became more widely available in the early 1980s, the $20 bill has regularly been […]
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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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By Coinweek …. CoinWeek News Wire for August 4, 2017: The War on Cash 4: The Cash Master 1.) Is e-payment fast rendering cash extinct? As a Guardian newspaper article points out in January, “If you begin to insist on cashlessness, it does put pressure on you to be banked and signed up to […]
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By Coinweek …. CoinWeek News Wire for July 7, 2017: The War on Cash 1.) Visa Takes War on Cash to Restaurants Visa has long considered cash one of its biggest competitors and has been taking steps to chip away at it. Getting rid of cash is a priority for Visa Chief Executive Al Kelly, […]
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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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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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By Coinweek …. CoinWeek News Wire for February 10, 2017 Brain Food 1.) The “Scandalous” Quarter Protest That Wasn’t Some accounts even claimed that famous anti-vice crusader Anthony Comstock had personally led the attack against the coin. The only problem with that story? Comstock died in 1915… 2.) Minting history “The world of coins is […]
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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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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 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 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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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 […]
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By Coinweek …. CoinWeek News Wire for September 2, 2016 Brain Food 1.) What to do with an ink-stained bank note? Would you know what to do with a bank note stained with dye — an indicator that the note was stolen in a robbery or ATM theft?… 2.) Collectors Universe Reports Financial Results for […]
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