By CCL Security ….. The Saudi Arabian Monetary Authority has issued the Kingdom’s first polymer banknote. The new 5 Riyal banknote uses Guardian™ polymer substrate by CCL Industries (Innovia) that is already used in over 160 denominations and commemorative banknotes around the world. Polymer was chosen, say the Saudi authorities, because it’s distinguishable for its […]
By Charles Morgan and Hubert Walker for CoinWeek …. Tallow: The white nearly tasteless solid rendered fat of cattle and sheep used chiefly in soap, candles, and lubricants. –Merriam-Webster Online Dictionary Tallow. Probably not a word we or any other numismatic authors and journalists have to use much, but it’s at the heart of the […]
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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 […]
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 […]
By Coinweek …. CoinWeek News Wire for September 30, 2016 Brain Food 1.) The evolution of money in its many forms In his new book The Curse of Cash, which was released on September 7, the Harvard University economist Kenneth Rogoff argues for the near-total abolition of paper money, on the grounds that technology has […]