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British Borneo Book

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Today, I want to share with you an old book written in 1891, BRITISH BORNEO:SKETCHES OF BRUNAI, SARAWAK, LABUAN, AND NORTH BORNEO, by W. H. TREACHER, First Governor of British North Borneo (1881–1887).  It tell the history of British Borneo during his administration as a governor and his personal view about British Borneo (Brunei, Sarawak, Labuan and North Borneo). Relating to coins and currency, he wrote how Brunei has been using a Brass Gun and cannon since 1521. He also share a story about Sultan of Brunei who want to use his own copper coin from Birmingham, the coins don't get a good response by traders and can easily be imitated. That had stop Sultan of Brunei from minting more coins. At that time, the coins are just consider as token. The silver currency during that time are the Mexican, Spanish Dollar and the Japanese Yen, supplemented by the small silver coinage of the Straits Settlements. At that time, British North Borneo Company don't produce Silver coins because they don't get enough profit. The British North Borneo Company issues its own copper coinage, one cent and half-cent pieces, manufactured in Birmingham and of the same intrinsic value as those of Hongkong and the Straits Settlements. The book is a Reprinted from the Journal of the Straits Settlements Branch of the Royal Asiatic Society. 

British Borneo

Title: BRITISH BORNEO:SKETCHES OF BRUNAI, SARAWAK, LABUAN, AND NORTH BORNEO
Writer: W. H. TREACHER, C.M.G., M.A. OXON.
Pages: 186
pdf size: 6024kb.

TABLE OF CONTENT
CHAPTER I. PAGES i-n.
THE Hudson's Bay Company's Charter, 1670. British North Borneo Company's Charter, November 1 88 1 , as a territorial power. The example followed by Germany. Borneo the second largest island in the world. Visited by Friar Odoric, 1322, by Berthema, 1503 ; but not generally known until, in 1518 Portuguese, and in 1521 Spanish, expeditions touched there. Report of Pigafetta, the companion of Magellan, who found there a Chinese trading community. Origin of the name Borneo; sometimes known as Kalamantan. Spanish attack on Brunai, 1573. First Dutch connection, 1600 ; first British connection, 1609. Diamonds. Factory established by East India Company at Banjermassin, 1702, expelled by natives. British capture of Manila, 1762, and acquisition of Balambangan, followed by cession of Northern Borneo and part of Palawan. Spanish claims to Borneo abandoned by Protocol, 1885. Factory established at Balambangan, 1771, expelled by Sulus, 1775 ; re-opened 1803 and abandoned the following year. Temporary factory at Brunai. Pepper trade. Settlement of Singapore, 1819. Attracted trade of Borneo, Celebes, &c. Pirates. Brooke acquired Sarawak 1840, the first permanent British possession. Labuan a British Colony, 1846. The Dutch protest. Their possessions in Borneo. Spanish claims. Concessions of territory acquired by Mr. Dent, 187778. The monopolies of the first Europeans ruined trade : better prospect now opening. United States connection with Borneo. Population. Malays, their Mongolian origin. Traces of a Caucasic race, termed
Indonesians. Buludupih legend. Names of aboriginal tribes. Pagans and Mahomedans.

CHAPTER II. PAGES 11-33.
Description of Brunai, the capital, and its river. Not a typical Malayan river. Spanish Catholic Mission. British Consulate. Inche Mahomed. Moses and a former American Consulate. Pigafetta's estimate of population in 1521, 150,000. Present estimate, 12,000. Decay of Brunai since British connection. Life of a Brunai noble ; of the children ; of the women. Modes of acquiring slaves :' forced trade.' Condition of slaves. Character and customs of Brunai Malays. Their religion, gambling, cock-fighting : amoks, marriage. Sultan and ministers and officers of the state. How paid. Feudal rights Ka-rajahan, Kouripnn, Pusaka. Ownership of land. Modes of taxation. Laws. Hajis. Punishments. Executions. A naval officer's mistake. No army, navy, or police, but the people universally armed. Cannon foundries. Brass guns as currency. Dollars and copper coinage. Taxation. Revenue ; tribute from Sarawak and North Borneo ;coal resources.

CHAPTER III. PAGES 33-62.
Pigafetta's description of Brunai in 1521. Elephants. Reception by the King. Use of spirituous liquors. Population. Floating Market. Spoons. Ladies appearing in public. Obeisance. Modes of addressing nobles. The use of yellow confined to the Royal Family. Umbrellas closed when passing the Palace. Nobles only can sit in the stern of a boat. Ceremonies at a Royal reception ; bees-wax candles. Mr. Dalrymple's description of Brunai in 1884. Quakers' meeting. Way to a Malay's heart lies through his pocket. Market place and hideous women. Beauties of the Harems. Present population. Cholera. Exports. Former Chinese pepper plantations. Good water supply. Nobles corrupt ; lower classes not. The late Sultan Mnmim. The present Sultan. Kampongs, or parishes and guilds. Methods of fishing: Kelongs; Rambat; peculiar mode of prawncatching; Serambau ; Pukat ; hook and line ; tuba fishing. Sago. Tobacco ;its growth and use. Areca-nut ; its use and effects. Costumes of men and women. Jewellery. Weapons. The kris ; parang; bliong ; parang Hang, The Kayans imitated by the Dyaks in a curious personal adornment. Canoes :dug-outs; pakerangan ; prahus ; tongkangs ; steering gear; similarity to ancient Vikings' boat ; boat races. Paddling. The Brunais teetotallers and temperate. Business and political negotiations transacted through agents. Time no object. The place of signatures taken by seals or chofs. The great seal of state. Brunais styled by the aborigines, Orang Abai. By religion Mahomedans, but Pagan superstitions cling to them; instances. Traces of Javanese and Hindu influences. A native chronicle of Brunai ; Mahomedanism established about 1478 ; connection of Chinese with Borneo; explanation of the name Kina-balu applied to the highest mountain in the island. Pepper planting by Chinese in former years. Mention of Brunai in Chinese history. Tradition of an expedition by Kublai Khan. The Chinese driven away by misgovernment. Their descendants in the Bundu district. Other traces of Chinese intercourse with Borneo. Their value as immigrants. European expeditions against Brunai. How Rajah Brooke acquired Sarawak amidst the roar of cannon. Brooke's heroic disinterestedness. His appointment as British confidential agent in Borneo. The episode of the murder of Rajah Muda Hassim and his followers. Brunai attacked by Admiral Sir Thomas Cochrane. Captain Rodney Mundy follows the Sultan into the jungle. The batteries razed and peace proclaimed.

CHAPTER IV. PAGES 63-77.
Sarawak under the Brooke dynasty. By incorporation of other rivers extends over 40,000 square miles, coast line 380 miles, population 280,000. Limbang annexed by Sarawak. Further extension impossible. The Trusan river ;' trowser wearers'; acquired by Sarawak. The Limbang, the rice pot of Brunai. The Cross flown in the Muhamadan capital by pagan savages. A launch decorated with skulls. Dyak militia, the Sarawak ' Rangers,' and native police force. Peace of Sarawak kept by the people. Cheap government. Absolute Monarchy. Nominated Councils. The 'Civil Service,' 'Residents.' Law, custom, equity and common sense. Slavery abolished. Sources of revenue ' Opium Farm ' monopoly, poll tax, customs, excise, fines and fees. Revenue and expenditure. Early financial straits. Sarawak offered to England, France and Holland. The Borneo Company (Ltd.). Public debt. Advantages of Chinese immigration ' Without the Chinese we can do nothing.' Java an exception. Chinese are good traders, agriculturists, miners, artizans, &c. : sober and law-abiding. Chinese secret societies and faction fights ; death penalty for membership. Insurrection of Chinese, 1857. Chinese pepper and gambier planters. Exports sago and jungle produce. Minerals antimony, cinnabar, coal. Trade agriculture. Description of the capital Kuching. Sir Henry Keppel and Sir James Brooke. Piracy. ' Head money.' Charges against Sir J. Brooke. Recognition of Sarawak by United States and England. British protectorate. Death of Sir J. Brooke. Protestant and Roman Catholic Missions. Bishops MacDougal and Hose. Father Jackson. Mahomedans' conversion not attempted.

CHAPTER V. PAGES 77-84.
Incident of the Limbang rebellion against Sultan of Brunai. Oppression of the nobles. Irregular taxation Chukei basoh batis, bongkar sauh, tulongan, chop bibas, &c. The orang kayas. Repulse of the Tummonggong. Brunai threatened. Intervention of the writer as acting Consul General. Datu Klassi. Meeting broken up on news of attack by Muruts. Sultan's firman eventually accepted. Demonstration by H.M.S. Pegasus. l Cooking heads ' in Brunai river. Death of Sultan Mumim. Conditions of firman not observed by successor. Sir Frederick Weld visits and reports on North Borneo and Brunai. Legitimate extension of Sarawak to be encouraged.

CHAPTER VI. PAGES 84-92.
The Colony of Labuan, ceded to England in return for assistance against pirates. For similar reasons monopoly of pepper trade granted to the East India Company in 1774. First British connection with Labuan in 1775, on expulsion from Balambangan. Belcher and Brooke visit Brunai, 1844, to enquire into alleged detention of an European female. Offer of cession of Labuan. Rajah Muda Hassim. At Sultan's request, British attack Osman, in Marudu Bay, 1845. Brooke recognised as the Queen's agent in Borneo. Captain Mundy, R.N., under Lord Palmerston's instructions, hoists British flag in Labuan, 24th Dec., 1846. Brooke
appointed the first Governor, 1847, being at the same time British representative in Borneo, and independent ruler of Sarawak. His staff of 'Queen's officers' ;concluded present treaty with Brunai ; ceased to be Governor 1851. Sir Hugh Low, Sir J. Pope Hennessy, Sir Henry Bulwer, Sir Charles Lees. Original expectations of the Colony not realized. Description of the island. The Kadayans. Agriculture, timber, trade. Overshadowed by Singapore, Sarawak, and North Borneo. Writer's suggestion for proclaiming British Protectorate over North Borneo,and assigning to it the Government of Labuan, has been adopted. Population of Labuan. Its coal measures and the failure of successive companies to work them ;now being worked by Central Borneo Company (Ltd.). Chinese and natives worked well under Europeans. Revenue and expenditure. Labuan self-supporting since 1860. High-sounding official titles. One officer plays many parts. Labuan celebrated for its fruits, introduced by Sir Hugh Low. Sir Hugh's influence ; instance of, when writer was fired on by Sulus. H.M.S. Frolic on a rock. Captain Buckle, R.N. Dr. Treacher's coco-nut plantation. The Church.

CHAPTER VII. PAGES 92-103.
British North Borneo ; mode of acquisition ; absence of any real native government; oppression of the inland pagans by the coast Muhamadans. Failure of American syndicate's Chinese colonization scheme in 1 865. Colonel Torrey interests Baron Overbeck in the American concessions ; Overbeck interests Sir Alfred Dent, who commissions him to acquire a transfer of the concessions from the Sultans of Brunai and Sulu, 1877-78. The ceded territory known as Sabah. Meaning of the term. Spanish claims on ground of suzerainty over Sulu. Not admitted by the British Government. The writer ordered to protest against Spanish claims to
North Borneo, 1879. Spain renounced claims, by Protocol, 1885. Holland, on ground of the Treaty of 1824, objected to a British settlement in Borneo; also disputed the boundary between Dutch and British Borneo. The writer ' violates Netherland territory and hoists the Company's flag on the south bank of the Siboku, 1883. Annual tribute paid to the Brunai Government. Certain intervening independent rivers still to be acquired. Dent's first settlements at Sandakan, Tampassuk, and Pappar. Messrs. Pryer, Pretyman, Witti, and Everett. Opposition of Datu Bahar at Pappar. Difficult position of the pioneer officers. Respect for Englishmen inspired by Brooke's exploits. Mr. W. H. Read. Mr.Dent forms a ' Provisional Association' pending grant of a Royal Charter, 1881, composed of Sir Rutherford Alcock, A. Dent, R. B. Martin, Admiral Mayne, W. H. Read. Sir Rutherford energetically advocates the scheme from patriotic motives. The British North Borneo Company incorporated by Royal Charter, ist November, 1881; nominal capital two millions, 20 shares. 33,030 shares issued. Powers and conditions of the Charter.

CHAPTER VIII. PAGES 103-117.
Area of British North Borneo exceeds that of Ceylon ; points of similarity ;styled < The New Ceylon.' Joseph Hatton's book. Tobacco planters attracted from Sumatra. Coast-line, harbours, stations. Sandakan town and harbour; founded by Mr. Pryer. Destroyed by fire. Formerly used as a blockade station by Germans trading with Sulu. Capture of the blockade runner Sultana by the Spaniards. Rich virgin soil and fever. Owing to propinquity of Hongkong and Singapore, North Borneo cannot become an emporium for eastern trade. Its mineralogical resources not yet ascertained. Gold, coal, and other minerals known to exist. Gold on the Segama river. Rich in timber. ' Billian ' or ironwood ; camphor. Timber Companies. On board one of Her Majesty's ships billian proved three times as durable as lignum vitse. Mangrove forests. Monotony of tropical scenery. Trade a list of exports. Edible birds'-nests. Description of the great Gomanton birds'-nests caves. Mr Bampfylde. Bats' Guano. Mode of collecting nests. Lady and Miss Brassey visit the Madai caves, 1887. Beche-de-mer, shark fins, cuttle fish. Position of Sandakan on the route between Australia and China importance as a possible naval station. Shipping. Postal arrangements. Coinage. Currency. Banking. Probable cable station.

CHAPTER IX. PAGES 117-127.
Importance of the territory as a field for the cultivation of the fine tobacco used for 'wrappers.' Profits of Sumatra Tobacco Companies. Climate and Soil. Rainfall. Seasons. Dr. Walker. The sacred mountain, Kina-balu. Description of tobacco cultivation. Chinese the most suitable labour for tobacco; difficulty in procuring sufficient coolies. Count Geloes d'Elsloo. Coolies protected by Government. Terms on which land can be acquired. Tobacco export duty. Tobacco grown and universally consumed by the natives. Fibre plants. Government experimental garden. Sappan-wood. Cotton flock.

CHAPTER X. PAGES 127-147.
Erroneous ideas as to the objects of the Company. Difficult to steal Highlanders 'trowsers. Natives ' take no thought for the morrow.' The Company does not engage in trade or agriculture. The Company's capital is a loan to the country, to be repaid with interest as the country developes under its administration. Large area of land to be disposed of without encroaching on native rights. Land sales regulations. Registration of titles. Minerals reserved. Trnnfer from natives to foreigners effected through the Government. Form of Government the Governor, Residents, &c. Laws and Proclamations. The Indian Penal, Criminal, and Civil procedure codes adopted. Slavery provision in the Charter regarding. Slave legislation by the Company. Summary of Mr. Witti's report on the slave system. Messrs. Everett and Fryer's reports. Commander Edwards, R.N., attacks the kidnapping village of Teribas in H.M.S. Kestrel. Slave keeping no longer pays. Religious customs of the natives preserved by the Charter. Employment of natives as Magistrates, &c. Head-hunting. Audit of 'Heads Account.'Human sacrifices. Native punishments for adultery and theft. Causes of scanty population. Absence of powerful warlike tribes. Head hunting its origin. An incident in Labuan. Mr. A. Cook. Mr. Jesse's report on the Muruts to the East India Company. Good qualities of the aborigines. Advice to young officers. The Muhamadans of the coast, the Brunais, Sulus, Bajows. Capture by Bnjows of a boat from an Austrian frigate. Baron esterreicher. Gambling and cattle lifting. The independent intervening rivers. P'atal affray in the Kawang river : death of de Fontaine, Fraser and others. Mr. Little. Mr. Whitehead. Bombardment of Bajow villages by Captain A. K. Hope, R.N., H.M.S. Zephyr. Captain Alington, R.N., in H.M.S. Satellite. The Illanuns and Balinini. Absence of Negritos. The ' tailed' people. Desecration of European graves. Muhamadans' sepulture. Burial customs of the aborigines.

CHAPTER XL PAGES 147-165.
Importance of introducing Chinese into Borneo. Java not an example. Sir Walter Medhurst Commissioner of Chinese immigration. The Hakka Chinese settlers. Sir Spencer St. John on Chinese immigration. The revenue and expenditure of the territory. Zeal of the Company's officers. Armed Sikh and Dyak police. Impossible to raise a native force. Heavy expenditure necessary in the first instance. Carping critics. Cordial support from Sir Cecil Clement! Smith and the Government of the Straits Settlements. Visit of Lord Brassey his article in the 'Nineteenth Century.' Further expenditure for roads, &c., will be necessary. What the Company has done for Borneo. Geographical exploration. Witti and Hatton. The lake struck off the map. Witti's murder. Hatton's accidental death. Admiral Mayne, C.B. The Sumpitan or Blow-pipe. Errors made in opening most colonies, e.g. the Straits Settlements. The future of the country. The climate not unhealthy as a rule. Ladies. Game. No tigers. Crocodiles. The native dog. Pig and deer. Wild cattle. Elephants and Rhinoceros. Bear. Orang-utan. Long-nosed ape. Pheasants. The Company's motto Pergo et perago.


Vietnam Dong Story

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In 207 B.C. a Chinese general set up the Kingdom of Nam-Viet on the Red River. This kingdom was over-thrown by the Chinese under the Han Dynasty in 111 B.C., where upon the country became a Chinese province under the name of Giao-Chi, which was later changed to Annam or peaceful or pacified South. Chinese rule was maintained until 968, when the Vietnamese became independent until 1407 when China again invaded Viet Nam. The Chinese were driven out in 1428 and the country became independent and named Dai-Viet. Gia Long united the North and South as Dai Nam in 1802.

The Democratic Republic of Viet Nam, working through Viet Cong guerrillas, instigated subversion in South Viet Nam which led to US armed intervention and second Indochina War. This war, from the viewpoint of the North merely a continuation of the first (anti-French) war, was a bitter, protracted military conflict which came to a brief halt in 1973 (when a cease-fire was arranged and US and its other allied forces withdrew) but did not end until 30 April 1975 when South Viet Nam surrendered unconditionally. The National Liberation Front for South Viet Nam, the political arm of the Viet Cong, assumed governmental power when on 2 July 1976, North and South Vietnam were united as the Socialist Republic of Viet Nam with Hanoi as the capital.

1000 dong
500 dong
200 dong
100 dong
The đồng (IPA: dɔŋ) (sign: ₫; code: VND) is the currency of Vietnam since May 3, 1978. It is issued by the State Bank of Vietnam. The word đồng is from the term “đồng tiền” (lit. money) which is a cognate of the Chinese “Tong1 Qian2” (Traditional Chinese:銅錢; Simplified Chinese:铜钱). The term refers to Chinese bronze coins which were used as currency during the dynastic periods of China and Vietnam. The term hào is a cognate of the Chinese "hao4" (Traditional Chinese: 毫) which means 1/10th a dollar unit.

Ho Chí Minh
Hồ Chí Minh (May 19, 1890 – September 2, 1969) was a Vietnamese Communist revolutionary and statesman who was Prime Minister (1946–1955) and President (1946–1969) of the Democratic Republic of Vietnam (North Vietnam). Ho led the Viet Minh independence movement from 1941 onward, establishing the communist-governed Democratic Republic of Vietnam in 1945 and defeating the French Union in 1954 at Dien Bien Phu. He lost political power inside North Vietnam in the late 1950s, but remained as the highly visible figurehead president until his death. He was named by Time Magazine as one of the 100 most influential people of the 20th century, while the former capital of South Vietnam, Saigon, was renamed Ho Chi Minh City in his honor.

Source: Wikipedia, Krause Publication


USA 1933 gold double eagle

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In 30 July 2002, the USA 1933 gold double eagle make it into the record for the highest price ever paid for a coin in auction at $7,590,020 including buyer fees. Sotheby's and numismatic firm Stack's auctioned off a 1933 Double Eagle coin for $6.6 million, plus a buyer’s fee of 15% for a total price $7,590,020. However, the record has been broken by a 1794 silver dollar sold for USD$10,016,875 (price includes the buyer's commission) in Stack’s Bowers Cardinal Collection auction; 1794 silver dollar sells for US$10mil.

1933 double eagle gold coin is a legend in coin collecting. In 1933, 445,000 gold Double Eagle coins were minted but no specimens ever officially circulated and nearly all were melted down.

lady liberty

bald eagle

The coin obverse design show a rendition of Augustus Saint-Gaudens' full length figure of Lady Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left. The reverse show a Bald eagle in flight, backed by a glory, with motto "IN GOD WE TRUST".

Chronology of 1933 Double Eagle:

15 March 1933 - 445,500 specimens of this Saint-Gaudens double eagle were minted (last year for double eagle production).

5 April 1933 - President Franklin Roosevelt issued Executive Order 6102, People were ordered to turn in their gold and no more gold coins were to be issued for circulation.

Executive Order 6102, Section 2.
All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, with the exception of the following:
(a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold.
(b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100.00 belonging to any one person; and gold coins having recognized special value to collectors of rare and unusual coins.
(c) Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements.
(d) Gold coin and bullion licensed for the other proper transactions (not involving hoarding) including gold coin and gold bullion imported for the re-export or held pending action on applications for export license.

1937 - All the coins were destroyed by the Treasury and melt them into gold bars. Only two of the coins survived as part of the official US coin collection at the Smithsonian Institution. Two of the $20 double eagles were presented by the United States Mint to the U.S. National Numismatic Collection, and they were recently on display in the "Money and Medals Hall" on the third floor of the National Museum of American History.

1940's - 10 of the coins surfaced in the 1940's, the US Secret Service tracked down nine of them and destroyed them. a Texas dealer sold one of the coins and it was on the way out of the country on 22 February 1944. The missing double eagle was acquired by King Farouk of Egypt.

1952 - King Farouk was deposed in a coup d'etat, and many of his possessions were made available for public auction (run by Sotheby's) – including the double eagle coin. The United States Government requested the return of the coin, and the Egyptian government stated that it would comply with the request. However, at that time the coin disappeared and was not seen again in Egypt.

1996 - British collector Stephen Fenton was arrested in New York City after trying to sell the coin to undercover US Secret Service agents. Under sworn testimony, he insisted the double eagle had come from the collection of King Farouk, though this could not be verified.

30 July 30 2002-A 1933 double eagle was sold to an anonymous bidder at a Sotheby's auction held in New York for $6.6 million, plus a 15-percent buyer's premium, and an additional $20 needed to “monetize” the face value of the coin so it would become legal currency, bringing the final sale price to $7,590,020.00. Half the bid price was to be delivered to the United States Treasury, plus the $20 to monetize the coin, while Stephen Fenton was entitled to the other half.

September 2004 - Israel Switt daughter, Joan Switt Langbord, told officials at the US Treasury that she had found 10 more 1933 Double Eagles in a safe deposit box. She asked the Treasury Department to authenticate them.

July 2005 - the coins were authenticated by the United States Mint, working with the Smithsonian Institution, as being genuine 1933 double eagles.

August 2005 - The United States Mint announced the recovery of ten additional stolen 1933 double eagle gold coins from the family of Philadelphia jeweler Israel Switt, the illicit coin dealer identified by the Secret Service as a party to the theft who admitted selling the first nine double eagles recovered a half century earlier.

28 October 2010 - United States District Court Judge Legrome D. Davis released a 20-page decision.

20 July 2011 - after a 10-day trial—a jury decided unanimously in favor of the United States government concerning ownership of the ten additional double eagles. The court concluded the circumstantial evidence proved that Israel Switt illegally obtained the coins from the United States government and they are still government property. The decision was affirmed on August 29, 2012, and the plaintiffs plan to appeal.

29 August 2012 - U.S. District Judge Legrome D. Davis wrote in his decision for Joan Langbord appeal "The disputed double eagles were not lawfully removed from the United States Mint and . . . remain the property of the United States."


For a list of others world expensive coins, you can read it in my post; Top 5 Worlds Most Expensive coins.

Source: Wikipedia.

Who is Thomas de la Rue?

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At the back of some of your Malaysia ringgit, you can find "Thomas De La Rue". Who is Thomas de la Rue? Thomas de La Rue on your banknote is a printer company, De La Rue plc; a British security printing, paper making and cash handling systems company headquartered in Basingstoke, Hampshire. It also has a factory on the Team Valley Trading Estate, Gateshead. The Company was founded by Thomas de la Rue who moved to London in 1821 and set up in business as a stationer and printer. In 1831 his business secured a Royal Warrant to produce playing cards, in 1855 it started printing postage stamps and in 1860 it began printing banknotes. In 1896, the family partnership was converted to a private company.

1 ringgitPhoto: Malaysia 1 ringgit banknote reverse.
   de la Rue
Photo by Wikipedia: Thomas de la Rue

Thomas de la Rue (24 March 1793 – 7 June 1866) born in La Forêt in Guernsey. He married Jane Warren in 1814. Thomas de la Rue was apprenticed to a master-printer at St Peter Port in 1803. He went into business with Tom Greenslade and together they launched the newspaper, Le Publiciste. Thomas de la rue's first commercial venture was in 1813, when he published the first edition of le miroir politique newspaper in guernsey.

In 1816 he left Guernsey for London where he initially established a business making straw hats. Then in 1830 together with Samuel Cornish and William Rock he founded a business of card makers, hot pressers and enamellers. By 1837 his wife, both his sons and his eldest daughter were involved in the business. In october 1853, de la rue was awarded the contract to print adhesive fiscal stamps for the UK's board of Inland Revenue. Not only the first stamps to be surface printed, they were also the first perforated stamps to be issued. In 1855 Thomas was made a Chevalier of the Légion d'honneur. In 1858 he retired from De La Rue handing over the management of the business to his sons William Frederick and Warren. Thomas de la rue printed its first paper money in 1860 the Mauritius 5, 1 and 10 shilling note.
memorial
printing factory
Photo by Wikipedia: De La Rue plc. printing factory.

In 1921, the de la Rue family sold their interests. It was first listed on the London Stock Exchange in 1947. The Company, then called Thomas De La Rue & Company, Limited, changed its name in 1958 to The De La Rue Company Limited. A takeover bid for De La Rue was made by the Rank Organisation plc in 1968 but this was rejected by the Monopolies commission as being against the public interest. In 1991 the company’s name was changed again - this time to De La Rue plc. In 2003 the Company acquired the banknote printing operations of the Bank of England. The Debden Security Printing Ltd printing facility, owned by De La Rue, which prints Bank of England bank notes.

De La Rue sells high-security paper and printing technology for over 150 national currencies. They claim to be the largest such corporation in the world. De la Rue makes paper and prints banknotes for many banks worldwide, including:
  • Bahrain Central Bank of Bahrain
  • Bank Negara Malaysia
  • Barbados Central Bank of Barbados
  • Belize Central Bank of Belize
  • England Bank of England
  • Fiji Reserve Bank of Fiji
  • Guatemala Banco de Guatemala
  • Honduras Banco Central de Honduras
  • Iraq Central Bank of Iraq
  • Isle of Man Isle of Man Government
  • Jamaica Bank of Jamaica
  • Kenya Central Bank of Kenya
  • Kuwait Central Bank of Kuwait
  • Republic of Macedonia National Bank of the Republic of Macedonia
  • Scotland The Royal Bank of Scotland
  • Singapore Monetary Authority of Singapore
  • Sri Lanka Central Bank of Sri Lanka
  • Tanzania Bank of Tanzania
Source: Wikipedia, De la rue.com


First Indian Sovereigns since 1918

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Today, The Royal Mint and MMTC-PAMP India announced of a new partnership to strike The Royal Mint’s gold Sovereign commemorative coins in India for the first time since 1918. The Sovereigns will be struck in India by MMTC-PAMP using tools and techniques developed by The Royal Mint in South Wales, UK. they will carry the special mint mark “I” to show that they have been manufactured in India.

Indian Sovereign

This new agreement will seek to re-establish The Royal Mint brand and the iconic Sovereign in this major market. This will allow the Indian public to buy an authentic UK commemorative Sovereign specially minted in India for the first time in almost 100 years. This should have long term benefits to the Indian public and to the integrity of The Royal Mint brand and the Sovereign itself.

Deputy Master of The Royal Mint, Adam Lawrence said:
“As the oldest manufacturing organisation in the UK and the world’s leading export mint, we are delighted to be entering another exciting chapter in The Royal Mint’s 1100 year history. This partnership with MMTC-PAMP India will introduce genuine commemorative Sovereigns back into the Indian market, satisfying significant demand for the coin, and allow The Royal Mint to develop a new revenue stream”.

Mr Mehdi Barkhodar, Chairman of MMTC-PAMP and Managing Director of PAMP SA said:
“The return of the authentic Royal Mint commemorative Sovereign to India has been a much-anticipated event. The Indian consumer deserves nothing but the best, however, until now their only option was to buy replica Sovereign coins. Therefore, I have no doubt that the re-emergence of the highly-prized authentic Sovereign coins will be warmly welcomed by those wishing to purchase the genuine article for their wedding or special occasion”.

Pistrucci die

Featuring the same classic Benedetto Pistrucci ‘St George and the Dragon’ design as the Sovereigns struck in India in 1918, striking of the 2013 Indian Sovereign has commenced in MMTC-PAMP India’s world class facility near Delhi. The first production run will be for 50,000 pieces and will be available in the market from today.

Shane Bissett, The Royal Mint’s Director of Commemorative Coin and Bullion said:
“The Sovereign is the oldest traded commemorative coin that is still manufactured today and is also the most precisely specified gold coin. Its quality and specification is protected by the annual Trial of the Pyx; at over 750 years old the oldest quality control process still being used today. The commemorative coins struck in India will go through this quality process in the same way as all UK coins. This opportunity allows The Royal Mint to enter the largest market in the world for gold”

These gold Sovereigns will be available for sale to customers in India, initially at select jewellery outlets in Delhi and subsequently pan-India through MMTC-PAMP India’s distribution network and selected banks.

Source: Royal Mint


Malaysia 10 sen 1971 coin story

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In my opinion. 8 out of 10 Malaysian coin collectors already knew why collectors are buying Malaysia 10 sen 1971 coin. If you still don't know, the main reason is only 32,236 pieces of that coin were minted by Kilang Wang Bank Negara. It is one of the must have item for Malaysia coin collector. These are also one of the most sought after coins for Malaysia coins investors.

I remember in 2003, when I am still in Penang, they're plenty of these coins selling for RM80-RM150 depending on their grade. Sadly, at that time, I prefer to collect Straits Settlements coins. I am not interested to buy these coins because they're not silver coins and at that time, I do think they're overpriced. After 10 years, the price has gone up steadily, its a bit hard to find these coins and I still don't like to collect Malaysia coins but I need to keep a set of Malaysia coins for my children.

10 sen

When the story about 10 sen 1971 coin varieties came out, many people start to look for the 1st variety since most collectors don't have them. The price for the 1st variety is higher then the 2nd variety but it is not that easy to find the 1st variety. Many collectors still don't know how to check for the varieties and some are selling the 2nd variety as the 1st variety. For anyone who still don't understand, I already post about the variety 2 coin in my Malay blog; 10 sen 1971 V2. You can learn characteristics of each variety in that post too.

Early this year, Malaysian collectors are shocked by a story about Fake 10 sen 1971. I already reply that in my Malay blog malaysiancoin.com. That news is just a baseless rumour by a collector who think that the 2nd variety are fake coins. He don't even know what variety means and think it is a newly minted coins by a counterfeiter. Right now he is busy distributing a "fake CR note" pictures to everyone. Most of his friends who are newbies and still don't know about numismatic agree to share them on their wall. What a "fake CR note" can do if it totally look like a fake notes? Unless the buyer don't look at the actual note and don't check the note before buying. I don't think the note have an intaglio and raised print too. He also don't even know what a legal tender mean.

What I want to share today is a story about why only 32,236 pieces of Malaysia 10 sen 1971 coins were minted by Bank Negara. For your information, Central Bank of Malaysia Mint in Shah Alam "officially opened" on 10 July 1971 by Tun Tan Siew Sin, Malaysia Finance Minister.

They're many version of story about the coins low mintage. They're no official story by Bank Negara Malaysia (BNM) but if you want to ask them, be my guest. Just don't forget to share them if they ever reply you. Hahaha....

The stories in here are just for sharing, you can decide yourself if it true or not.

First Version-why only 32,236 pieces?
I think most collector already heard about biggest flood ever happened in Kuala Lumpur on 5 January 1971, 32 people were killed and 180,000 people were affected. Before that, whole Malaysia has been raining cat and dog for over a week. Prime Minister at that time, Tun Abdul Razak declared State of emergency for Malaysia. Kilang Wang Bank Negara in Shah Alam were also affected and they had to stop operation. 32,236 pieces were lucky enough because they were produce before the flood affected the mint. The minting process for Malaysia coins in that mint only resumed in 1973.

KL flood 1971


Second Version-why only 32,236 pieces?
The coin were minted in London Mint. When the factory in Batu Tiga,Shah Alam was ready to mint our very own Malaysia coinage in May 1971 ,they called up to put a stop to London Mint, however 32,236 pieces of 1971 10 cents coins were minted. Together was 500,000 pieces of Malaysia 1971 One Ringgit coin minted by London Mint. Source: Dickson Niew.

Third Version-why only 32,236 pieces?
Bank Negara Malaysia have to mint a 10 sen coin for that year because they want to sell a coin set for year 1971, to commemorate the newly open Malaysia Mint. They want to make a 10 sen for that year special, some will be release in circulation but most of them will be put in a 1971 coin set. The plan to make that 1971 coin set don't happen and all the 10 sen coins were released into circulation by mistake. For your information, 10 sen coin mintage in 1967 and 1968 total is more then 235 million. More then enough for population in Malaysia during that year (1971).

Fourth Version-why only 32,236 pieces?
According to Sifu Dickson Niew (same article in the second version), the coins were minted only for 32,236 pieces was because due the dies broke.
Source: Dickson Niew.

What do you think is the right answer for Malaysia 10 sen 1971 coin story? Before you decide, just remember, they're no Malaysia circulation coins minted in the year 1972. 


New Singapore coins for 2013

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On 21 February 2013, The Monetary Authority of Singapore (MAS) announced Singapore will change to a new circulation coin series by the middle of 2013. For your information, the recent floral theme coin series has been in circulation since 2 December 1985.

2013 coin

According to Ravi Menon, Managing Director, MAS, “Coins reflect the events, persons or symbols significant to a nation. The new series coins depict local icons and landmarks that are familiar to Singaporeans and reflect various aspects of Singapore’s progress as a nation.”

Mrs Foo-Yap Siew Hong, Assistant Managing Director, said, “The Second Series coins have been in use for more than 25 years. There will be a period of adjustment as we all get comfortable with the new coins. MAS will continue to work closely with our stakeholders to smoothen the transition.” All past and current series coins will not be demonetised and the public can continue to use them for payment alongside the new coins.

The new coins are made of multi-ply plated steel and are less costly to produce. Each coin denomination has an electro-magnetic signature, which allows vending machines to detect counterfeit and foreign coins. The 1-dollar coin contains additional security features such as its bi-metallic composition and laser mark micro-engraving in the shape of Singapore’s national flower, the Vanda Miss Joaquim.

The new coins will have larger denomination numerals for easy identification and features to facilitate identification by the visually-impaired. The coins are progressively sized by denomination, with the 5-cent coin being the smallest and 1-dollar coin being the largest.

The new Singapore Third Series coins will feature:
  • $1 dollar-Merlion, a traditional symbol of Singapore;
  • 50 cents-Port of Singapore, one of the busiest in the world;
  • 20 cents-Changi Airport, one of the best airports in the world;
  • 10 cents-Public Housing, home to more than 80 percent of Singaporeans; and
  • 5 cents-Esplanade, iconic centre for performing arts in Singapore.


MAS has been working with public transport operators to ensure that coin-operated machines at MRT/LRT stations are calibrated to accept both the current and new series coins before the launch. MAS has also been working with businesses with coin-operated facilities such as vending machine operators and supermarkets to prepare them for the launch.

For more information on the new series coins, please visit www.mas.gov.sg/newcoins.


Will BNM Mint new 2013 coin commemorative?

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A question that most Malaysian collectors are waiting for an answer every year will Bank Negara Malaysia mint a new commemorative coin for 2013? Most of my friends asked me this question in the early January, my answer to them and to everyone, I am not Bank Negara Malaysia. So far they're no valid rumours coming out from my source about any new commemorative coins. If you're still waiting for the RMK10 coins, I don't think BNM will release them. Unless they mint a new coins design.

I am not sure if anyone already knew about this. On October 2012, Bank Negara had open a job for Production Manager (Kilang Wang Bank Negara Malaysia).
The Production Manager responsibilities:
1. Develop strategic plans for the overall coins production of the Kilang Wang in order to achieve approved quantity and quality requirement, and in implementing activities towards better efficiency.
2. Manage the activities related to the production of finished coins and other associated and supporting activities (e.g. production of tools, dies,etc) to ensure timely execution of the production plan.
3. Develop, review and enhance policies on safe control and transfer of security itens and minting materials so as to comply with the Bank's policies and guidelines.

I don't think any new commemorative coins will be produced until someone has accepted the position. That is just my own personal opinion.

They're one coin that I wish BNM will consider to be in their list of commemorative coins for this year.

Malaysia Panda

Malaysia will received two giant pandas from China to mark the 40th years anniversary China-Malaysia diplomatic relationship. Feng Yi (female) and Fu Wa (male), both six years old will be loaned to our country for 10 years. Feng Yi and Fu Wa were born at the Wolong nature reserve and panda base in Wenchuan, Sichuan. Besides bamboo, Feng Yi and Fu Wa’s favourite foods are corn bread, apple and carrot.

They will be living in a 1.13ha of air-conditioned enclosure at the Wetlands Park in Putrajaya. Bamboos will be planted on another 6.07ha for their consumption, which come up to about 20kg a day.

Panda's are regarded as national treasures for China, the loan was welcomed as a significant boost to bilateral ties between China and Malaysia.

I also wish Bank Negara Malaysia (BNM) will make an agreement with The People's Bank of China to mint a complete commemorative sets together. Each of a set contains two identical coins that Malaysian collectors can exchange with collectors from China. This will help bilateral relations between citizens in both countries. They should set up a website for everyone to do the exchange. Each coins should also have a unique activation code for collector to register in that website. They can make coin exchange or buying/selling the panda's coins too.

Me and my crazy idea's. Hahahaha.... I don't think these thing will really happen. 

Another coin that maybe BNM can mint for 2013 is a Visit Malaysia year 2013/2014 coins. For Visit Malaysia Year 2013/14, the government has allocated RM358 million under the development expenditure, an increase of 42 per cent, to target 26.8 million tourist arrivals. Prime Minister Datuk Seri Najib Tun Razak said tourism was a key economic growth sector, contributing almost 12 per cent GDP (Gross Domestic Product).

What do you think?


Wanted person by Bank Negara Malaysia

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Bank Negara Malaysia is offering rewards to members of the public for information that leads to the successful arrest of these individuals who are suspected for committing illegal deposit taking under the Banking and Financial Institutions Act 1989 and/or money laundering under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

wanted

All the wanted individuals by Bank Negara Malaysia (BNM) are involved on get rich quick scheme scam and involving the illegal deposit taking deviations about RM200 million since December 2008. Harun Mat Saat believed to be the mastermind of the "Investment Project" related to Dina Group Sdn Bhd.

Harun
Harun bin Mat Saat
I/C No: 660908-03-5945
Last known address:No. 5, Jalan Temenggung, Seksyen 12/6,Istana Kayangan, 40100 Shah Alam,Shah Alam, Selangor

M. Bakri
M. Bakri bin Kamaruddin
I/C No.: 611029-08-6403
Last known address:No. 70 Rumah Murah Kos Rendah,Telaga Daeng Satu, Seberang Takir, 21300 Kuala Terengganu Terengganu

Zainal
Zainal Bin Md Yusof
I/C No.: 640510-05-5593
Last known address:No.133 Kampung Peladang Serting Hilir, 72100, Bahau Negeri Sembilan

Abd Halim
Abd Halim Bin Rafii
I/C No.: 600701-01-5037
Last known address:111, Tingkat 6, Blok C, Larkin Flat 80350 Johor Bahru, Johor


If you have any information or know where they are, please contact Bank Negara Malaysia at the following numbers:
03-26988044 ext. 7528 / 7914 / 8765 / 8162
or
03-26985708

or inform your nearest police station.

Chinese coins dug up in kenya

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Anthropologists from the Field Museum and the University of Illinois at Chicago recently found a rare 600-year-old Chinese ancient coin on an island of Kenya. The coin proves China traded with African countries before European explorers. The coin was found on Manda, which was home to a sophisticated ancient colony between 200AD to 1430AD. The Manda excavation happened between Dec. 10, 2012 and Feb. 10, 2013.
Yongle Tongbao

The coin, called "Yongle Tongbao," is silver and copper. The hole in the center was to keep it on a belt. Issuing the coin was the Ming Dynasty's Emperor Yongle, who ruled from 1403-1425AD and helped construct Beijing's Forbidden City.

On October 2010, Professor Qin Dashu  from Peking University and a joint team of Kenyan and Chinese archaeologists found a 15th Century Chinese coin in Mambrui; a tiny, nondescript village just north of Malindi on Kenya's north coast. Professor Qin Dashu validate that coin as "Yongle Tongbao"; the name of the reign that minted the coin some time between 1403 and 1424.

Many expert believe the coins were brought by Zheng He, also known as Cheng Ho; a legendary Chinese admiral who led a vast fleet of between 200 and 300 ships across the Indian Ocean in 1418. It is now believed that China's Zheng He reached East Africa long before any European explorer.

Source: Chicago Sun


1839 Victoria ‘Una and the Lion’ for Auction

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A scarce Victorian Gold Coin, £5 1839 Victoria ‘Una and the Lion’ will be a highlight in Lawrences’ Spring Collectors Sale. The coin was designed by William Wyon to commemorate the beginning of Queen Victoria's reign, and it is recognised as one of the most beautiful British coins ever produced.

Una and the Lion

The coin reverse show the young Queen, in the guise of the classical figure Una, is shown leading the British lion. It was the first time that a fictional character had been used to depict a monarch on a coin and the energy of the lion contrasts cleverly with the peace and grace of the Queen. The coin obverse shows Wyon's Young Head portrait of Queen Victoria.

“It is a very rare 1839 Victoria ‘Una and the Lion’ £5 gold piece,” says Lawrences’ specialist, Jeff Day. 

“Too valuable to be circulated, it was struck only in `proof` and was issued only in expensive commemorative sets. It was produced in nine different variations and our coin is one of only 400 ever minted."

The coin is expected to realise £12,000 – 15,000 in auction.

Jeff Day comments, “Gold coins continue to do very well at auction, with many collectors and investors keen to add to their collections. Gold remains one of the most reassuring commodities in a changeable market such as this.”

A scarce Victorian Gold Coin is set to be a highlight in Lawrences’ Spring Collectors Sale.

The coin will be sold in Lawrences’ Spring Collectors Sale on the May 23-24, as part of a large section of coins, medals and militaria.

For further enquiries please contact Jeff Day on 01460 73041 or visit their website www.lawrences.co.uk.


54th Hong Kong Coin Auction

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54th Hong Kong Coin Auction of Far Eastern and World coins and banknotes will be held on 4 April, in the Crystal Room of the Holiday Inn Golden Mile, Kowloon. A. H. Baldwin & Sons Ltd and auction partner Ma Tak Wo Numismatic Co. Ltd will be offering 1066 lot sale contains the usual fine array of items including a plethora of Chinese coins, medals, sycees and banknotes. The auction will be held in conjunction with the bi-annual Hong Kong International Coin Convention and Antique Watch Fair of over 120 exhibitors from more than 20 countries.

Coin Auction

Ming Dynasty

The sale opens with a fantastic example of the 14th century Ming Dynasty 1-Kuan banknote. Issued by the Chinese Emperor around 1368AD, the 1-Kuan notes are arguably the oldest pieces of world paper money, printed on grey mulberry bark which was reportedly recycled from the waste of government ministries and Civil Service examination papers. A similar example was sold by the Baldwin – Ma Tak Wo partnership for a record breaking US$19,000 (hammer) in the Hong Kong Coin Auction 47 in 2009. The note offered here (lot 1) is a beautiful example of this historic Chinese currency and is estimated at US$8,000 – 12,000.


Also in the banknote section of the auction lot 165, a Sinkiang Frontier Treasury 400-cash note, carries a weighty estimate of US$20,000 – 25,000. This striking and beautiful item is one of the rarest and finest examples.

Sycee Ingot

Lot 416, a Qing Dynasty gold rectangular Sycee Ingot, was salvaged from the now famous Geldermalsen shipwreck. Built in 1742 for the Zeeland Chamber of the VOC with a tonnage equivalent to 1,155 metric tonnes, the Geldermalsen was one of the largest Dutch Eastindiamen. The cast gold 365g 10-Taels bar in a winged rectangular shape carries a superb provenance having been sold originally through the Christie’s Amsterdam Nanking Cargo Auction, 28 April – 2 May 1986 (lot 1859). At the time of the auction the wreck was unidentified and so, the name ‘Nanking’ was applied to the auction by Christie’s. Stamped with the Chines character for ‘Treasure’ and sold in the original auctioneers’ oak box numbered ‘102’ this historically fascinating piece carries an impressive estimate of US$30,000 – 40,000.

Sun Yat Sen

Elsewhere in the sale lot 438, a Chekiang Province Silver Pattern 20-Cents, Year 23 (1897) is being offered with a promising estimate of US$60,000 – 80,000 and, lot 474, an extremely rare Honan Province Brass Pattern 10-Cash (c.1904), struck from dies engraved by Charles Barber and one of only eight know to Baldwin’s cataloguer, is estimated at a fantastic US$8,000 – 10,000. Rounding off the highlights is lot 628, a beautiful example of a Sun Yat-Sen Silver Dollar ND (1928), estimated to sell for US$30,000 – 40,000.

Source: www.baldwin.co.uk

How to clean your coin by Thiru's Numismatic

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I am not recommended you to clean your coins, but if you really feel you have to, please make sure you only try to clean cheap coins that you have. Cleaning a coins to make them shiny and look like new do not improve the grade of your coins. Most of the time, it will only damaged your coins and lower their grade/value. I am sharing this post in 2009 to let my readers know how people clean coins and maybe helping them to detect clean coins.

These coin cleaning methods taught by uncle Thiru from Thiru's numismatic & handicraft in jalan persiaran raja muda musa, Port Klang (He already closed his shop few years back).

coin cleaning

I meet him in his shop in 2009. When I meet him that day, he is cutting some lime and squeeze their juices into a bowl. When I asked what exactly he is doing? He told me that he is cleaning his coin collection. He has been doing this for many years since he start collecting. I am asking him about his tips on doing coin cleaning with lime juices and here are some of what he told me that day for your knowledge. If you never cleaned your coin before, I advise you not to try them with your valuable coin.

This method of cleaning is just for coin with normal dirt, light haze, green spots or oily film. What you need is some lime (limau kasturi, limau purut or limau nipis) that you can buy from Malaysia wet market for below 10 ringgit per kilo. If you cannot find lime, you can also try lemon juices. Squeeze that lime juices into a bowl that you want to put your coin. You need to put your coin at for least two days. Just make sure you separate them according to their metallic content. I can see that Uncle Thiru separated the silver coin from the bronze coin in a different bowl. He told me never mix coins of different metal together or you will be having a problem later with the other coin metal stuck to other coins.

clean coin

After two days, pick up that coin and clean them with soft cloth towel. Make sure you clean your hands with soap before you touch your coin. This is to make sure all the dirt that on your hands is not transferred to your coin. Never try to rub and scrub your coin. Just clean your coin gently using that soft cloth towel. After you clean them, soak them in a coconut oil base soap water for one day. Uncle Thiru's told me he get his coconut oil soap from Amway. After soaking your coin with soap water, rinse them with running tap water for 3 to 5 minutes. Then pat it dry with clean soft cloth towel, try not to do it with any rubbing motion that can scratch your coin.

For hard to clean dirt on your coin, you need to used other method. Some of the method suggested by Uncle Thiru is to soak that coin for 10 days in lime juices and then boil them with soap for one hour. Will try to take picture of this method next time. I am suggesting you that there is no need to clean your coin because it will make it devalue if you don't know how to do it. I am also not sure if Uncle Thiru method using lime is a good method for cleaning your coin.

If you want to try this method to clean your coins, just remember that lime/lemon juices are acidic. It can clean the dirt on your coin surface but also can damaged your silver coins if you don't rinse your coins with water properly.


United States 50 states quarter dollar

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This is part of the kids project series of my blog, the best way to start coin collecting for your kid. In my blog kids project, I am giving some suggestion on how to teach your children join this rewarding hobby with a small budget.

I start my collection in 2009 when I visit Thiru's numismatic & handicraft (Uncle Thiru already closed his hop few years ago), I saw United States 50 state quaters dollar in his coin display. It is not in a mint collection but still a good coin collection to start with. At that time, I can found 41 state coins out of 50 for almost 1 hour and it only cost me RM1.20 a piece for that coin. A total of RM49.20 for 41 piece of coin. It should be helping your kids to fill almost half of their coin book, right?

quaters dollars

United States 50 state quaters dollars is a good coin collection to start with for your kids. United States 50 state quaters dollar come with five designs in a year starting from 1999 to 2008 with delaware as the 1st state quater coin. The quarters are released in the same order that the states joined the Union. Each quarter's reverse celebrated one of the 50 states with a design honoring its unique history, traditions and symbols, usually designed by a resident of that state and chosen by the state government.

1999 quarter dollars
US state quarter dollar-1999-Connecticut-Georgia-Pennsylvania-New Jersey-Delaware

2000 quarter
US state quarter dollar-2000-New Hampshire-South Carolina-Maryland-Massachusetts-Virginia

US coin
US state quarter dollar-2001-Kentucky-North Carolina-Vermont-Rhode Island-New York

US dollars
US state quarter dollars-2002-Ohio-Indiana-Mississipi-Tennessee-Louisiana

US coin
US state quarter dollars-2003-Alabama-Maine-Illinois-Missouri-Arkansas

dollar coin
US state quarter dollars-2004-Texas-Michigan-Wisconsin-Iowa-Florida

quarter collector
US state quarter dollars-2005-California-Oregon-Kansas-West Virginia

quarter dollars
US state quarter dollars-2006-Nebraska-North Dakota-Nevada-Colorado

US States
US state quarter dollars-2007-Idaho-Wyoming-Montana

This is some information about US state quaters dollar program that I can find in wikipedia:

"A quarter dollar, commonly shortened to quarter, is a coin worth 1/4 of a United States dollar, or 25 cents. The quarter has been produced since 1796. The current regular issue coin is the George Washington quarter (showing George Washington) on the front. The reverse featured an eagle prior to the 1999 50 State Quarters Program. The Washington quarter was designed by John Flanagan. It was initially issued as a circulating commemorative, but was made a regular issue coin in 1934. In 1999, the 50 State Quarters program of circulating commemorative quarters began; these have a modified Washington obverse and a different reverse for each state, ending the former Washington quarter's production completely.

The 50 State Quarters program is the release of a series of commemorative coins by the United States Mint. Between 1999 and 2008, it featured each of the 50 individual U.S. states on unique designs for the reverse of the quarter. On January 23, 2007, the House of Representatives passed H.R. 392 extending the state quarter program one year to 2009, to include the District of Columbia and the five U.S. territories large enough to merit non-voting Congressional representatives: Puerto Rico, Guam, American Samoa, the United States Virgin Islands, and the Commonwealth of the Northern Mariana Islands. The bill passed through the Senate and was signed into legislation by President Bush on December 27, 2007.

The program was conceived as a means of creating a new generation of coin collectors, and in that it succeeded. The 50 State Quarters program became the most successful numismatic program in history, with roughly half of the U.S. population collecting the coins, either in casual manner or as a serious pursuit. The U.S. federal government so far has made a profit of $4.6 billion from collectors taking the coins out of circulation."



1839 Calcutta Mint Pattern Silver Rupee auction

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A. H. Baldwin & Sons Ltd announce an auction of a 1839 Calcutta Mint Pattern Silver Rupee in The David Fore Collection. The collection comprising coins of British India, The Presidencies and Indian Native States will be sold in London in three parts, commencing 7th May 2013.

1839 Rupee

This Pattern was produced by a native die cutter due to the slowness of the dies coming from London and the need for coinage. The fact that it was rejected has made it the most sought after coin of the whole British Indian series. This coin was last sold in Baldwin’s Auction 22 - The Sir John Wheeler Collection - £28,000 pounds (the highest price for any coin in his wonderful sale) and before that in the Brand and Nobleman auctions. It is not really a truly "beautiful" coin but, by every definition, it can be considered “cool” and we expect it once again to be proven the most valuable coin in this auction. 1839 Calcutta Mint Pattern Silver Rupee, Unique in private hands with two others in the Calcutta mint.

Part one of the David Fore Collection auction on 7th May will consist of rare Proofs, Restrikes and Off-Metal Strikings and will include Proofs and Off-Metal Strikes of the Victorian Portraits from the States of Bikanir, Dewas, Dhar and Sailana. It will also include all the dates of the Gold Mohur series including an early Restrike Gold Proof 2-Mohurs, 1835C (pictured here), one of the most valuable pieces in the first part of the collection.

Silver Rupee

Piedfort Rupee

Part two will contain Patterns and Proofs of British India, The Presidencies and the Indian Native States and will be sold on the 31st May. Amongst the exceptional offerings will be a unique Bengal Gilt Pattern Pice of 1795, Pridmore No. 382 and the stellar piece of the entire collection, an 1839 Calcutta Mint Pattern Silver Rupee from the Wheeler Collection. Pictured here, the Rupee is one of only three known, the other two being held by the Calcutta mint. The Pattern was produced by a native die cutter due to a delay with the dies coming from London and the need for coinage. The fact that the Pattern was rejected makes it the most sought after coin in the whole British Indian series. It is anticipated that it will prove to be the most valuable coin in the collection.

Part three of the collection will be sold on the 26th September as part of a 2-day auction in conjunction with the UK’s largest numismatic exhibition, Coinex, of which Baldwin’s are the official auction sponsor. The third part of this collection will comprise circulating coins of British India, the Presidencies and the Indian Native States, including two 1911 George V coins, a ¼ and a ½ Rupee (pictured here). Both coins sold here are in mint state and are one of the key type coins in the British India series. The ½ Rupee is the most difficult type coin of the whole series to find in mint state and so this auction offers a unique opportunity for the collector.

The collection of over four thousand coins was formed over twenty five years by Dr. David Fore and Baldwin’s Canadian representative, Randy Weir. A plan to build a monumental collection took them on an amazing odyssey as the pair created a collection to rival the world famous collection of Fred Pridmore. David began collecting coins as a child when he watched his father, who owned a small store in a rural town of two thousand people, search his change looking for the elusive US 1909 SVDB Penny. At age nine, David’s first job was delivering newspapers. Instead of buying comic books, he would take his weekly earnings of a few dollars to the bank and get rolls of pennies to search through, also looking for that 1909 Penny. His very first foreign coin purchase was an Indian Proof Restrike ¼-Anna. This coin was the beginning of a love affair with Indian coins that was to last for forty years. Randy was privileged to introduce David to the fascinating world of colonial coins some fifteen years later and David found the minor differences and array of patterns in the series so fascinating that Randy describes each purchase as being like prospecting for gold.

A symbiotic relationship between client and trusted specialist and a mutual fascination for Indian coinage inspired these two to create the collection that is being sold today. The focus for the collection was always to find the best quality coins and over four hundred of the coins contained in the collection originated from the Pridmore collection which was catalogued by A.H. Baldwin & Sons Ltd and sold by auction by Glendinings between September 1981 and October 1983, the Indian part being sold in October 1982 and October 1983, around the time the pair met. Other coins have similarly fine provenance, having been part of such celebrated collections as the Sir John Wheeler Collection, the Ken Wiggins Collection and The Diana
Collection, all sold by Baldwin’s.

Source: www.Baldwin.co.uk


Kids Project: Different shape coin

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Today Kids Project is different shape coins. To anyone who is new to my blog, Kids Project is a suggestion from me, the best and cheap way to start collecting coins for your kids. This coin hunting project will only cost around 50 to 100 ringgit and you don't need to start with a big budget. You can give them a small budget every month and go out together for their coin hunting trip. You do not have to start with any budget at all for some of my Kids coin project.

kids coins

The most popular coin in a different shape is a the 25p triangular coin by Isle of Man produced to commemorate the 2007/2008 Tutankhamun exhibition and became legal tender on 6 December 2007. Other triangular coins issued earlier include: Cabinda coin, Bermuda coin, 2 Dollar Cook Islands 1992 triangular coin, Uganda Millennium Coin and Polish Sterling-Silver 10-Zloty Coin. Guitar-shaped coins were once issued in Somalia, Poland once issued a fan-shaped 10 złoty coin, but perhaps the oddest coin ever was the 2002 $10 coin from Nauru, a Europe shaped coin. Almost all those coin is not a circulation coin and sell at a high price.

cook islandsThis triangular coin is 2002 Cook Islands 2 dollars. The coin is made from copper nickel with 28.52 mm in diameter. On the obverse is the face of Queen Elizabeth II head facing right, date below and on the reverse kumete table, morter and pestle from Atiu Island, denomination above. The Cook Islands are in the South Pacific Ocean, north-east of New Zealand, between French Polynesia and American Samoa. Cook Islands consist of fifteen major islands, spread over 2.2 million square kilometres of ocean, divided into two distinct groups: the Southern Cook Islands, and the Northern Cook Islands of coral atolls. The islands were formed by volcanic activity; the northern group is older and consists of six atolls (sunken volcanoes topped by coral growth). The dollar has been the currency of the Cook Islands since 1967. Before that, Cook Island using Pound as a monetary currency. The dollar is subdivided into 100 cents, although some 50 cent coins carry the denomination as "50 tene". The Cook Islands dollar is pegged at par to the New Zealand dollar.

10 centimesThis center hole coin is Belgium 10 centimes. The coin is made from Copper-Nickel and 22 mm in diameter. On the obverse is center hole within crowned monogram, date below, legend in French (BELGIQUE) and on the reverse is spray of leaves to left of center hole, denomination to right. The franc (Dutch: frank, French: franc, German: Franken) was the currency of Belgium until 2002 when the euro was introduced into circulation. It was subdivided into 100 centiem (Dutch), centimes (French) or Centime (German). The conquest of most of western Europe by revolutionary and Napoleonic France led to the French franc's wide circulation. In the Austrian Netherlands (now Belgium), the franc replaced the kronenthaler. This was in turn replaced by the Dutch gulden when the Kingdom of the Netherlands was formed.Following independence from the Kingdom of the Netherlands, the new Kingdom of Belgium in 1832 adopted its own franc, equivalent to the French franc, followed by Luxembourg in 1848 and Switzerland in 1850. Newly-unified Italy adopted the lira on a similar basis in 1862.Like 10 other European currencies, the Belgian/Luxembourgish franc ceased to exist in January 1, 1999. Old franc coins and notes lost their legal tender status in February 28, 2002.

2 dollarThis is Hong kong 2 dollar coin. Its made of Copper-Nickel, weight at 8.40 gm and 28 mm in diameter. On the obverse is Bauhinia flower with large numeral Denomination on the reverse.The coin edge is scalloped. The Hong Kong coinage, including 10¢, 20¢, 50¢, $1, $2, $5 & $10, is issued by Hong Kong Monetary Authority on behalf of the Government of Hong Kong. Until 1992 these coins were embossed with the British monarch's effigy. From January 1993 to November 1994, a new series depicting the bauhinia flower was gradually issued, including a new denomination $10. Since the beginning of the coin replacement programme in 1993, over 585 million Queen's effigy coins have been withdrawn from circulation. However, the Queen's Head coins remain legal tender.

malaya coinThis is British Malaya half cent rectangle coin. On the obverse is crowned head of King George VI facing left and on the reverse is its value within beaded circle. British Malaya loosely described a set of states on the Malay Peninsula that were colonized by the British from the 18th and the 19th until the 20th century. Before the formation of Malayan Union in 1946, the colonies were not placed under a single unified administration. Instead, British Malaya comprised the Straits Settlements, the Federated Malay States and the Unfederated Malay States. Malaya was the world's largest producer of tin and later rubber. Malayan Union was dissolved and replaced with Federation of Malaya in 1948. It became independent on 31 August 1957. On 16 September 1963, the federation, along with Sabah, Sarawak and Singapore formed a larger federation called Malaysia.

You can find other different shape coins in most Malaysia Coin Dealer shop. For a start, you don't need to buy for them a high grade coins, coin in a Very Fine condition should be OK. Teach them to collect and inspire them to search for the coin information.

Source: Wikipedia, search.com, Krause Publication


Tan Sri Ali Abul Hassan story

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Today (25 Mac 2013) we received a news, Tan Sri Ali Abul Hassan has passed away at 4.45pm due to heart and lung complications at his home at No.3, Jalan 3 , Kemansah Heights. He was 71 years old when he passed away. Ali Abul Hassan will be buried at the Kemensah Heights Muslim cemetery after the Zohor prayers, tomorrow.

His son-in-law, Mohamed Faruk Rahmatullah, when contacted by Bernama said Ali Abul Hassan leaves behind wife Puan Sri Jamilah Ali Abul Hassan and three children, a son and two daughters.

Al-Fatihah to Allahyarham and condolences to his family.

On 7 September 1998, Tan Sri Ali Abul Hassan were appointed as the sixth governor of Bank Negara Malaysia (BNM). Born in Penang, Ali Abul Hassan served as the director-general of the Economic Planning Unit in the Prime Minister's Department for seven years until 5 September 1998. He also served as secretary to the National Economic Action Council from September 1998. When he took over as BNM governor, Asian already having a financial crisis. The ringgit were pegged at RM3.80 per USD1 in September 1998. During his tenure, he adopted a proactive and business-friendly policy to revive the economy. His main focus was to improve Malaysia’s economy with specific initiatives to stimulate domestic and foreign investments.

Ali Abul

Ali Abul Hassan

"The national gain from the pegging of the ringgit outweights the private gains," Ali said in NST on 30 March 2000.

On 29 July 1999, BNM announced the consolidation programme for domestic banking sector. The original plan for 55 Malaysia banking institution at that time to merge into 6 anchor banks. The move to get bank in a merger already started in 1980 but has been dismal. The need to merge became imperative when world trade organization giving pressure for countries to open up their financial market to foreign bank. In August 1999, merger of the 6 anchor bank in Malaysia started. The anchor banks were Malayan Banking Bhd, Bank of Commerce (M) Bhd/Bank Bumiputra Malaysia Berhad, Public Bank Bhd, Southern Bank Bhd, Perwira Affin Bank Bhd and Multi-Purpose Bank Berhad. In October 1999 All 58 domestic banking institutions, commercial banks, merchant banks and finance companies have signed a memorandum of understanding with respect to the merger programme. Few months later, BNM  scrapped the ambitious blueprint to merge all of the country's financial institutions into six banking groups. Instead, banks were allowed to choose their own partners in mergers to be completed by December 2000.

Aishah
Many mistakenly read Tan Sri Ali Abul signature as BNM Aishah signature.

Tan Sri Ali Abul Hassan retired in 1 May 2000 and was succeeded by Tan Sri Dato Sri Dr Zeti Akhtar Aziz. On 17 April 2001, Tan Sri Ali Abul Hassan were appointed as Special economic adviser to Tun Dr. Mahathir.

Source: New Straits Times, The Star.

Malaysia Previous Bank Governors:

Tom and Jerry 1 dollar coin

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Tom and Jerry 1 dollar coin is the forthcoming coin from the fabulous Cartoon Characters series by Mint of Poland. This collection, created especially for the young collectors, depicts well known cartoon characters liked by all children. So far, in the series the following coins have appeared: "Miś Uszatek," "The Wolf and the Hare" (from the cartoon “Nu, pogodi!”) "Bolek and Lolek" and “Reksio”.

Tom and Jerry 1 dollar coin is a Proof Quality 925 Silver and come with an attractive blister pack and Certificate of Authenticity. The coins are extremely limited mintage – up to 6,000 pcs for worldwide circulation.
Tom & Jerry

The reverse of the coin show images of Tom & Jerry depicted in a relief. Next to it, the colourful image of the cartoon characters and the inscription: TOM AND JERRY. Between them, the stylized image of a film reel with the scenes.
elizabeth

On the obverse show stylized image of a film reel with the scenes featuring the fantastic cartoon characters. On the left side, at the top, along the edge the inscription: ELIZABETH II, on the right one: 1 dollar, the mint mark: MW. At the bottom, the inscription: Niue Island, and the year of the issue 2013.

Technical Specifications:
Country: Niue
Series: Numismatic Product - Cartoon Characters
Year: 2013
Face value: 1 $ - Dolar New Zealand
Weight: 14.14 gram
Diameter: 32 mm
Material: .925 Silver Proof
Mint: Mint of Poland PLC (Mennica Polska), Warsaw, Poland
Mintage: 6,000


Tom and Jerry is a theatrical animated cartoon series created by William Hanna and Joseph Barbera for Metro-Goldwyn-Mayer. They wrote, produced and directed 114 Tom and Jerry shorts between 1940 and 1957. The story is about a never-ending comic fight between constantly competing with each other cat (Tom) and a mouse (Jerry) whose funny chases and battles are loved by children, teenagers and adults around the world. Because of the universal and timeless character of its plot, the cartoon has become one of the most legendary and longest-lived rivalries in American cinema.


Source: www.mennica.com.pl


Kids Project: Faces on coins

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Today Kids Project will be faces on coins. To anyone who is new to my blog, Kids Project is a suggestion from me, the best and cheap way to start collecting coin for your kids. This coin hunting project will only cost around 50 to 100 ringgit and you don't need to start with a big budget. You can give them a small budget every month and go out together for their coin hunting trip. You do not have to start with any budget at all with some of my Kids project. Most of them is a circulation coin that you can find in your pocket. There are many famous faces on coins but some of the portraits or faces, we don't even know. Who's faces is that? With a little help from the Internet, we can find information that can help your kids identify who's faces is on that coin.

Libertas head

This is the Swiss Confederation (Confoederatio Helvetica in Latin) or most people called Switzerland. The name is a derivation of the ethnonym Helvetii, the name of the Gaulish tribe inhabiting the Swiss Plateau prior to the Roman conquest. The English name Switzerland is a compound containing Switzer, an obsolete term for the Swiss, in use during the 16th to 19th centuries. The coinage of Switzerland has been struck at the Bern Mint since 1853 with but a few exceptions. This is Confoederatio Helvetica 5 rappen 1906 coin. It weight at 2g, with diameter of 17.1 mm and made of copper-nickel. On the obverse is a crowned head right and on reverse value within wreath.

On the coin is the Libertas head (often interpreted as Helvetia). Libertas (Latin for Liberty) was the Roman goddess and embodiment of liberty. Libertas, along with other Roman goddesses, has served as the inspiration for many modern-day symbols, including the Statue of Liberty on Liberty Island in the United States of America. Helvetia is the female national personification of Switzerland, officially Confœderatio Helvetica, the "Helvetic Confederation". Helvetia appears in patriotic and political artwork in the context of the construction of a national history and identity in the early 19th century, after the disintegration of the Napoleonic Helvetic Republic, with a 1672 play by Johann Caspar Weissenbach. Helvetia appears on official federal coins and stamps from the foundation of Switzerland as a federal state in 1848.

head of ceres

This is Italy 50 lire coin. It weight at 6.25g, made of Stainless Steel and 24.8 mm in diameter. On the obverse is head facing right and on the reverse is vulcan standing at anvil facing left divides date and value. The head on the coin is head of ceres. Ceres is the goddess of growing plants (particularly cereals) and of motherly relationships in Roman mythology. Ceres was worshipped in Ancient Roman religion, and is today again worshipped in Roman Neopaganism. Ceres was usually equated with the Greek goddess Demeter. Her name may derive from the hypothetical Proto-Indo-European root "ker", meaning "to grow", which is also the root for the words "create" and "increase". "Ceres" and "cereal" are cognates. Ceres made up a trinity with Liber and Libera, who were two other agricultural gods. She also had twelve minor gods who assisted her, and were in charge of specific aspects of farming.

Ceres was the daughter of Saturn and Ops, sister of Jupiter, mother of Proserpina by Jupiter and sister of Juno, Vesta, Neptune and Pluto. Works of art depicted Ceres conventionally with a scepter, a basket of flowers and fruit, and a garland made of corn ears (note that "corn" in this instance refers to wheat, barley, or some other old world food grain, not to the new world food grain maize, which is called "corn" in the United States and some other areas of the Western hemisphere). Ceres was also patron of Enna, Sicily. According to legend, she begged Jupiter that Sicily be placed in the heavens. The result, because the island is triangular in shape, was the constellation Triangulum, an early name of which was Sicilia.

King Juan

This Spain euro coins are made of two alloys; the inner part is made of copper nickel and nickel brass from the outside. They have a diameter of 23.25 mm, thickness 2.33 mm and a mass of 7.55 g. The edge of the coin is alternately smooth and finely milled (3 segments smooth, milled 3 segments). On the obverse is the face of King Juan Carlos I. King Juan Carlos I of Spain born 5 January 1938, is the reigning King of Spain. King Juan Carlos married Sophia of Greece and Denmark in 1962. The couple has three children and eight grandchildren. King Juan Carlos successfully oversaw the transition of Spain from dictatorship to parliamentary democracy.

King Juan Carlos I is a direct descendant of many famous European rulers from different countries. He is a descendant of Queen Victoria of the United Kingdom through his grandmother, Victoria Eugenie; of Louis XIV of France through the House of Bourbon; of the Emperor Charles V, who belonged to the Habsburg dynasty of the Holy Roman Empire; and of the House of Savoy of Italy. The Capetian dynasty to which he belongs is the oldest in Europe. Some of his distant ancestors include Joan, Duchess of Burgundy and queen consort of Philip VI of France, and Lorenzo de' Medici, the Florentine statesman better known as "Lorenzo the Magnificent" (Lorenzo il Magnifico). He is a descendant of Maria Leszczyńska, Queen Consort of France through an unbroken line of Bourbon princesses who married within the Bourbon house.

Jose Rizal

This is Philippines 1 Piso coin. The coin diameter is 28.9 mm, thickness 2.33 mm, a mass of 9.50 g and made of copper nickel.On the obverse is head of Jose Rizal and on the reverseis tamaraw bull. José Protasio Rizal Mercado y Alonso Realonda (June 19, 1861 – December 30, 1896, Bagumbayan), was a Filipino polymath, nationalist and the most prominent advocate for reforms in the Philippines during the Spanish colonial era. He is considered the Philippines' national hero and the anniversary of Rizal's death is commemorated as a Philippine holiday called Rizal Day. Rizal's 1896 military trial and execution made him a martyr of the Philippine Revolution.

The seventh of eleven children born to a wealthy family in the town of Calamba, Laguna, Rizal attended the Ateneo Municipal de Manila, earning a Bachelor of Arts. Rizal was a polyglot conversant in at least ten languages. Jose Rizal was the founder of La Liga Filipina, a civic organization that subsequently gave birth to the Katipunan led by Andrés Bonifacio and Emilio Aguinaldo. He was a proponent of institutional reforms by peaceful means rather than by violent revolution. The general consensus among Rizal scholars, however, attributed his martyred death as the catalyst that precipitated the Philippine Revolution.

You can start a coin album faces on coin for your kids or even if you are teacher in a classroom, make activity involving coins. Asked them to make a blog about their coin collection and information that they find about that particular coin. Coin is a good hobby, it is "a hobby of King". How about you? Have you start any project with your kids lately? Is that kids project involve any coin or banknote collecting? Feel free to share them with everyone in here.

Source: Wikipedia

1936 Canada Dot Cent to be auction

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A rare Canada one cent 1936 coin will be offer for bid in an auction by Heritage Auctions in their April 18-23 CICF World & Ancient Coins Signature® Auction at the Crowne Plaza Hotel in Rosemont, IL. The coin also known as "King of Pennies" by Canadian, the most famous coin in Canadian numismatics and one of just three known. The 1936 Canadian Dot Cent, graded MS63 Red by PCGS, being the one stolen from the Pittman home in 1964 and later returned (with scratches in the right obverse field) in an envelope with other coins.

1936 penny

On 4 January 2010, a 1936 dot cent auctioned by Heritage Auction Galleries in New York for a record price USD$402,500. You can read about it here; Rare Canadian Penny sold in Auction.

The legendary Pittman-Krause 1936 Canadian Dot Cent is expected to bring more than $250,000.

Dot Cent

In early 1936, George V passed away and was succeeded by his son King Edward VIII. As was common practice, for the remainder of 1936 the coinage continued to have the effigy of King George V. Toward the end of the year, models were made and dies produced with the effigy of King Edward VIII, but upon Edward's abdication the dies were no longer valid and a severe shortage of Canadian 1, 10, and 25 cent pieces arose in early 1937. Because of the shortage, Canada was forced to continue producing coins dated 1936 with the portrait of King George V. Canadian authorities felt a need to distinguish this 1937 mintage from the 1936 production, and a small Dot was placed on the reverse of the 1, 10, and 25 cent coins. The Dot is below the date of the 1 cent coin, and under the bow on the wreath of the 10 and 25 cent coins. History tells us that only the 25 cent piece was placed in circulation and that three pieces of the Dot cents are the only surviving examples.

On the same auction, a 1732 Felipe V Pillar 8 Reales, Mo-F, AU58 PCGS, the first Pillar Dollar produced is expected to bring more than $50,000.

Pillar dollar

Felipe V, the first king of the Spanish-Bourbon dynasty (which still reigns today), was actually twice in power. The first period was from 1700 to 1724, when he abdicated in favor of his oldest son Louis I. His untimely death in 1724 brought Felipe back to the Spanish throne, where he remained until his death in 1746. It was in 1732, during Felipe V second reign, that the gold coinage of Mexico was changed from the cob to the portrait or bust type. Silver coinage also changed from the cob to the pillar or columnar type. On March 29, 1732, the striking of circular coins authorized by the royal decree of 1728, began at the Mexico City Mint and the first "Pillar" was struck. 

On the obverse, the design included the crowned pillar of Hercules and between them two globes surmounted by a crown, resting above a wavy ocean which points to the separation of the two worlds. Around the edges "Utraque Unum" (Both are One). 


On the reverse are the crowned coat of arms of Castile and Leon with the Bourbon shield superimposed. The legend reads Philip.V.D.G.Hispan.Et.Ind.Rex, the value "8" as well as the Assayer's initial "F", are both located between rosettes. 

Striking of the Pillar 8 Reales was later extended to several Spanish colonies and circulated widely throughout the Americas being legal tender in the United States during several decades of the 18th century. The Pillar 8 Reales remains one of the most popular and beloved coins amongst collectors today. The specimen presented here is one of the greatest and rarest Pillar 8 Reales that exists. In near Mint State condition, this coin has beautiful and colorful toning and it will undoubtedly become a showcase piece for the most advanced collection.

Source: Heritage Auction.

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