2015 Britannia Silver One Ounce Brilliant Uncirculated

December 3, 2014, 6:54 am

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The Royal Mint has announced the release of the 2015 Britannia Silver One Ounce Brilliant Uncirculated showing the Britannia portrait by sculptor Philip Nathan. One full ounce of 999 fine silver is finished to The Royal Mint’s Brilliant Uncirculated standard, shining with a crisp, newly-minted finish.

It was in 1987 that The Royal Mint commissioned Philip Nathan to capture the portrait of Britannia as the personification of the British nation. He looked to Britain's maritime heritage for inspiration, and the result - his elegant, watchful sentinel - is pictured as a silent guardian of British shores. With trident held aloft and shield set firm, she is an instant modern-day classic.

Shane Bissett, The Royal Mint’s Director of Commemorative Coin and Bullion, said, “Philip Nathan’s signature Britannia portrait has endured for more than a quarter of a century - and with its year-dated Brilliant Uncirculated finish, has become an eagerly anticipated annual release.”

The BU Britannia coin contains one full ounce of 999 fine silver, and is finished to The Royal Mint’s Brilliant Uncirculated standard finish. Accompanied by information detailing Britannia’s illustrious past, the Britannia coin is year dated – perfect for marking a special moment in time.

Specification
Denomination: £2
Alloy: 999 fine silver
Weight: 31.21g
Diameter: 38.61mm
Reverse Designer: Phillip Nathan
Obverse Designer: Ian Rank-Broadley FRBS
Quality: Brilliant Uncirculated

Now the release of this iconic design is set to become an annual tradition - collect each one to mark life’s special moments. This 2015 edition, gleaming with its ‘just struck’ Brilliant Uncirculated finish, bears an inscription including the year of its striking – perfect to present as a gift to mark a special occasion or to keep and treasure for yourself. Containing one whole ounce of 999 fine silver, this is a solid yet elegant coin available at an achievable price. Hail Britannia and start your own themed collection.

You can order your "2015 Britannia Silver One Ounce Brilliant Uncirculated" at The Royal Mint website www.royalmint.com.

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Finest 1905-B Straits Settlements 50 cents in Macau auction

December 4, 2014, 5:54 am

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The finest example graded Professional Coin Grading Service PCGS, 1905-B Straits Settlements 50 cents will be one of the highlight for the online session of the Stack’s Bowers and Ponterio December Macau auction Closes on December 9th.

KM-23; Tan-SSC31. Raised mintmark. Lovely golden yellow toning. Very attractive.
Estimate: $900.00 - $1,200.00
PCGS MS-64 Secure Holder.

A lovely golden toned 1905-B 50 Cents of the Straits Settlements, certified by PCGS as MS-64 in a Secure Holder. This near gem is the finest example graded PCGS, and shares the same grade as the finest graded example at NGC. Rich toning bathes both sides of this minimally abraded coin. Scarce in Mint State, this example displays a full strike. There are two mintmark varieties for the year, one with a raised mintmark and one with an incuse mintmark, and per the NGC Census data, it seems that the incuse variety is found only on the Proof strikes, whereas the raised mintmark is observed only the circulation strikes.

Straits Settlements was established in 1826 as part of the territories controlled by the British East India Company, the Straits Settlements came under direct British control as a crown colony on 1 April 1867. The Straits Settlements consisted of the four individual settlements of Malacca, Dinding, Penang (also known as Prince of Wales Island), Singapore (with Christmas Island and the Cocos Islands). The island of Labuan, off the coast of Borneo, was also incorporated into the colony with effect from 1 January 1907, becoming a separate settlement within it in 1912.

The online session of the December Macau auction closes on Tuesday, December 9th at 7pm Pacific Time (10pm on the east coast of the United States). For those bidders in Asia the local time will be 11am Hong Kong time on the morning of Wednesday, December 10.

Source: Stack’s Bowers

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Australian 1921 Proof Shilling auctioned at Dix Noonan Webb

December 4, 2014, 3:15 pm

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A very rare Australian 1921 Proof Shilling with a star above the date will be auctioned in the auction of Ancient, British and World Coins, Tokens and Commemorative Medals to be held by Dix Noonan Webb, the international coins and medals specialists, in London on 11 February 2015.

The newly-discovered Australian George V 1921 Proof Shilling with a star above the date, one of just six minted, is expected to fetch £100,000 to £120,000.

“These are very exciting coins to include in our auction,” says Christopher Webb, head of the coins department at Dix Noonan Webb. “The Australian 1921 Proof Shilling has lain un-noticed in a private collection for decades and we cannot trace any example of this coin having been offered for sale within the last 30 years. The George V Pattern Crown is excessively rare and comes with a distinguished provenance.”

The Australian 1921 Proof Shilling bearing the crowned head of George V and with a small star above the date was an indirect result of the economic upheaval in the aftermath of the First World War. The price of precious metals rose and it was decided to reduce the silver content of British coins. It was intended that the same should be done with the Australian silver coinage and dies dated 1920 and 1921 were produced with a small star above the date. This was not strictly a mintmark but was intended to differentiate the new lower quality coins.

In fact the change in silver content was never implemented in Australia but 30 pairs of working dies with stars had already been dispatched to the Sydney mint from London in October 1920 and these were used to produce the 1921 coinage. The star-marked coins were only ever minted in small quantities – 522,000 currency coins and just six specimen or proof strikings. Of the six proofs produced, two are in the collection of the Museum of Victoria in Melbourne. Both are inferior in condition to the one to be auctioned at Dix Noonan Webb. The latter is in virtually mint state and lightly toned.

Another highlight of the auction is the George V gold Pattern Crown 1910, one of only two known George V 1910 Pattern Crowns in gold designed by A.G. Wyon, estimated at £80,000 to £100,000.

The 1910 George V Pattern Crown in gold designed by A.G. Wyon is one of only two known specimens and is expected to sell for £80,000 to £100,000 at Dix Noonan Webb. When the British king Edward VII died in May 1910, plans for new coins bearing the head of his successor George V were put into place long before the latter was formally crowned at Westminster Abbey in London in June the following year. A number of designs were submitted to the authorities for approval, one of which was by A.G. Wyon, a member of a dynasty of designers and engravers which had played an important role in British public life for more than a century.

Wyon’s design had the bare head of the new king facing left on the obverse while the reverse depicted St George on horseback spearing a dragon with the date below this image. Despite his illustrious family pedigree, Wyon’s design was not chosen so his Proof Crown in gold bearing the date 1910 – the year before George officially became king – became a numismatic rarity rather than standard currency. Only two examples are known and the coin to be auctioned at Dix Noonan Webb is in virtually mint state. It has been in a number of important collections over the past century including those assembled by G. Hamilton-Smith, Sir Kenyon Vaughan Morgan, Lady Duveen and C. Dabney Thompson.

Dix Noonan Webb Ltd is one of the world’s leading specialist auctioneers and valuers of coins, tokens, medals, militaria and paper money of all types. Established in 1990, the company boasts over 250 years' combined experience in this field and stages regular auctions throughout the year.

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Silver Denarius of Clodius Macer under hammer in New York

December 8, 2014, 7:07 am

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A silver Denarius of Clodius Macer estimated at US$100,000 will go under the hammer during the International Numismatic Convention in New York on 6, 7 and 8 of January 2015 alongside other exceptional Roman Imperial Coins, ancient Judean coins and Part Two of the acclaimed David Sellwood Collection of Parthian Coinage.

A.H. Baldwin & Sons Ltd, in association with Dmitry Markov Coins, Medals and M & M Numismatics and Ira & Larry Goldberg Coins & Collectibles Inc. will hold the sale.

Clodius Macer (AD 68) was appointed provincial governor of North Africa during the reign of Nero (AD 54-68). Along with Senatorial rank, Macer also had the power to act as General in the Roman Army. Following Nero's suicide, Macer seized Carthage and began striking his own coinage. He amassed support legions against newly appointed Galba in the North coast of Africa and put pressure on Rome by threatening to cut off her grain supply.

ANCIENT COINS, ROMAN COINS, Clodius Macer, Silver Denarius, 3.62g, Governor of Africa, AD 68. Mint of Carthage. L CLODI-VS MACER, S C below bust, bare head of Clodius Macer facing right. Rev. PRO/PRAE in two lines above, AFRICAE below, war galley with aplustre and five oarsmen sailing right (RIC 37; K. V. Hewitt, NC 1983, 55 (dies 31/37) = L. Mildenberg, Vestigia Leonis p.362, pl. LI, 1 (this coin); A. Gara, RIN 1970, p.67, 7, and pl. 1, 11/12; BMC 1; RSC 13). An excellent portrait unusually well-centred, complete and of excellent metal, attractive old cabinet tone adds to its appeal, superb extremely fine. Exceedingly rare and probably the finest specimen known.

ex Tunis Hoard

ex Sternberg Auction III, 29-30 November 1974, lot 47

ex Highly Important Greek and Roman Coins, The Nelson Bunker Hunt Collection (part I), Sotheby's, 19 June 1990, lot 126

ex James Fox Collection, CNG/NAC Auction 40, 4 December 1996, lot 1402

ex Barry Feirstein Collection, NAC Auction 39, 16 May 2007, lot 107

Galba retaliated by having Macer killed and immediately recalled and melted all of Macer's coinage, accounting for their extreme rarity today. Fewer than 85 of Macer's coins survive today and only 20 feature his portrait, of which this is the finest known specimen. When this superb Silver Denarius goes under the hammer it is estimated to achieve US$100,000.

Macer's modest coins are reminiscent of those struck during the Republic of Rome. In modern times this has fuelled suggestions that he was attempting to re-establish the Roman Republic. Coins during this Republican period were decorated with iconic images that reinforced the glory of Rome and her history. They did not carry the portraits of living people until Julius Caesar’s image started to appear on coins in 44BC.

The sale will be held on Tuesday 6, Wednesday 7and Thursday 8 January 2015 at the New York International Numismatic Convention. The catalogue will be available to view online at www.baldwin.co.uk.

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Fourth portrait of Queen Elizabeth II-Final Editions coins

December 8, 2014, 7:28 am

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The Royal Mint has released a final collector’s last edition of UK definitive coin annual sets bearing the fourth portrait of Her Majesty The Queen - a constant presence on circulating coins since 1998. The coin annual sets available in four editions; Brilliant Uncirculated, Proof, gold Proof or silver Proof.

In November 2014, The Royal Mint announced that the fourth definitive coinage portrait of The Queen is to be replaced by a new Queen Elizabeth II effigy - an historic event for Britain’s coinage. The Royal Mint is to say farewell to the likeness captured by Ian Rank-Broadley FRBS with a final release of The Royal Mint’s Annual Sets for 2015 presented in stylish packaging and accompanied by a certificate authenticating the special edition release.

Each set comprises the definitive coins of the United Kingdom, from the 1p to the £2, each adorned for the last time by the familiar fourth definitive portrait of Her Majesty on the obverse, and is available in four editions; Brilliant Uncirculated, Proof, gold Proof or silver Proof.

Speaking about the release of his design in 1998, sculptor Ian Rank-Broadley FRBS said, “I hope that in time, I may be regarded as having made a valuable contribution to the rich and varied history of coinage in this country. When I see my initials, IRB, beneath the royal effigy on the coins as a record of my achievement, I feel honoured.”

Shane Bissett, Director of Commemorative Coin, Bullion and Medals at The Royal Mint, says: “The changing of a coinage portrait is an historic occasion - only four previous definitive effigies have featured on the coins we use every day during the 62-year reign of Queen Elizabeth II. As the nation awaits a glimpse of the new effigy, we wanted to offer collectors an exclusive opportunity to own a final celebratory issue of the coins bearing the celebrated fourth portrait.”

The celebrated fourth coinage effigy has, just like the lady it represents, seen many historic events since its introduction. From poignant personal moments, such as the death of The Queen’s own mother, to joyous occasions, including the birth of her first great-grandson, His Royal Highness Prince George of Cambridge. Since 1998, when the portrait was introduced, the world has changed dramatically, with a global economic crisis, the election of America’s first African American President and the introduction of social media. During this time, the nation has celebrated the Golden and Diamond Jubilees of The Queen’s Coronation, as she has matured before our eyes.

The changing of a coinage portrait is a rare occasion – throughout the 62-year reign of Queen Elizabeth II, there have been only four previous definitive effigies on the coins we use every day. As the time comes to mark this new chapter for The Queen and her nation’s coinage, The Royal Mint are offering one last opportunity to own the fourth portrait on these final edition coins. You can visit their website www.royalmint.com to order your Fourth portrait of Queen Elizabeth II-Final Editions coin annual sets.

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France €2 World Aids Day Coin

December 9, 2014, 6:14 am

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The Monnaie de Paris (Paris Mint) has released a France €2 World Aids Day coin to support UNESCO World Aids Day that takes place every 1st December. For every purchase of a €2 World Aids Day coin (BU or proof), Monnaie de Paris will donate €2 to Sidaction, a French charity which funds local initiatives to help those living with AIDS as well as research to combat the disease.

The obverse of the coin features a red ribbon, the symbol of the fight against AIDS. Created by the Visual Aids Artist Caucus and American painter Frank Moore, the red ribbon is worn next to the heart to show solidarity for those living with AIDS. It also forms an upside-down V, symbolizing the hope that the V will one day be worn the right way up as a sign of victory over the disease. The obverse shows three ribbons: one standard ribbon, which is colored red on the BU and proof coins, and two upside-down ribbons, each of which form a V as a reminder of the longed-for victory. The top of the coin is marked 1st December, the date on which UNESCO World Aids Day is held every year. The reverse of the coin is that of a standard €2 coin, found throughout all countries of the eurozone. The face value “€2” appears in front of a map of Europe.

UNESCO World Aids Day has been held each year since 1988. It is an opportunity to consider the effects of HIV and AIDS, raise awareness, show solidarity, and evaluate the progress that has been made in fighting the epidemic over the last 30 years.

Technical Specifications:
Denomination: €2
Year: 2014
Metal: Copper-nickel; Three-layer Nickel-brass/Nickel/Nickel-brass.
Diameter: 25.75 mm
Weight: 8.50 g
Finish: Proof
Mintage: 10000
Mint: Monnaie de Paris

The France €2 World Aids Day Coin will be delivered with a numbered certificate. You can order your coin online via their website www.monnaiedeparis.fr.

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Henry VII Gold Sovereign in Spink Auction

December 11, 2014, 7:08 am

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A rare Henry VII Gold Sovereign will be one of the highlight in Spink and Son second December coin sale on 17th and 18th December 2014. It is held over two days with ancient Greek, Roman, Islamic and modern world coins on the first day, and Anglo-Saxon, Medieval, Tudor and Stuart English coins as well as a few Scottish and Irish coins, and modern British coins and medals on the second day.

The gold Sovereign still issued every year by the Royal Mint was introduced by Henry VII from 1489 so called as the design showed the King in all his majesty - worth one pound as it still is nominally.

Victor of the Battle of Bosworth, Henry VII, 1485-1509, issued the auction highlight (Lot 540). This type III sovereign, a masterpiece of renaissance art, is being vaunted as one of the finest of the issue and is expected to far exceed the conservative estimate of £120,000-160,000. So rare is it that pieces of such quality and historic significance come up for sale; this lot can veritably be described as a landmark opportunity for collectors.

Henry VII (1485-1509), Sovereign, 15.37g, Tower mint, type III, m.m. dragon, king seated on high-backed embellished throne, greyhound and dragon on side pillars, fleur-de-lis dispersed in field, rev. shield on Tudor rose surrounded by alternating lis and leopards, all within pelleted and solid line tressure (SCBI 23 Ashmolean, No.78, Pl. VI; Schneider 549, Pl. 51 - same dies; Stewartby type C, p.421; N.1691; S.2174.

Another highlight is the 'fat face' sovereign of Henry VIII's third coinage (Lot. 541), again conservatively estimated at £120,000-150,000. This piece boasts a remarkable provenance first being recorded in the 1854 Cuff sale and passing through eminent hands such as Lord Hastings, Bernard Roth, and finally the Ryan collection. Indeed this is the first time at auction since the Ryan sale, a gap of 64 years.

Henry VIII (1509-47), third coinage 1544-47, Sovereign, 12.87g, Tower mint, type I large module flan at 198.58 grains, m.m large lis, king with larger face seated on straight sided throne, Tudor rose below, rev. crowned shield with lion and dragon supporters, hr monogram in cartouche below (Schneider 607, pl. 56; Stewartby p.519; Whitton dies A/a, Pl. III; N.1823; S.2289).

Catalogues can be accessed through the Spink website (www.spink.com) or via the Spink App for iPhone and iPad.

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Austria wins Coin of the Year 2015 Award

December 13, 2014, 7:05 am

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A gold coin by Austrian Mint's, Klimt and his Women 50-euro gold coin is the winner of the Coin of the Year 2015 Award. An international panel of judges in a vote that concluded Dec. 6. has select the Coin of the Year from 10 category winners.

An award trophy will be presented Jan. 31, 2015 at the World Money Fair in Berlin, Germany, by representatives of World Coin News, sponsor of the award.

Trophies will also be presented to the winners of the 10 COTY category awards chosen by a previous round of voting by the judges.

Here Austria started strong, taking the top title in three of 10 categories.

The 50-euro Coin of the Year was at the top of the Best Gold Coin category. The piece, called, "The Expectation," Standard Catalog of World Coins number KM-3218, is part of a series of gold coins honoring the works of Gustav Klimt, who worked in turn of the century Vienna, dying in 1918.

Also vying for the COTY award was a 100-euro gold coin, KM-3225, issued in the Austrian Wildlife series and depicting a Red Deer. It came out on top of the Most Artistic Coin category.

Winner of the 2015 Coin of the Year Award: Austria's 2013 Klimt & His Women gold coinAustria's third candidate in the COTY race was the winner of the Best Bi-Metallic Coin category, a Tunneling themed 25-euro silver and niobium coin, KM- 321.

The other category winners from which the judges made their final selection were as follows:

The Most Historically Significant category winner was The Netherlands 5-euro silver coin marking the 1713 Treaty of Utrecht that ended the War of the Spanish Succession, KM-326.

At the head of the Best Contemporary Event category was a copper-nickel ruble, KM-436, issued by Belarus to commemorate the 90th anniversary of the founding of BPS-Sberbank. This category honors historically important events that occurred less than 100 years ago, while the Most Historically Significant Coin category is for the important people and events of more than 100 years ago.

Best Silver Coin honors were taken by Latvia's 1 lats coin marking the 200th anniversary of the birth of composer Richard Wagner, KM-140.

Best Crown was Ireland's silver 10 euro commemorating author James Joyce, KM-80.2. Crowns are coins with a diameter of 37 millimeters to 45 mm.

The United States Mount Rushmore quarter headed the Best Circulating Coin category. The copper-nickel piece is KM-546 and is part of the America the Beautiful series of 25-cent pieces.

A coin showing a howling wolf, which is actually a cutout, is the Most Innovative Coin. Issued by Mongolia, the coin is gilded silver and has a 500-tugrik denomination, KM-328.

The Most Inspirational Coin category was led by a Canadian silver $3 showing Grandfather and Grandson Fishing, KM-1485.

Coin of the Year is an annual award first given in 1984. It was created to spur advances in numismatic artistry, technology and mass appeal among collectors.

All pieces considered were dated 2013, or the year's equivalent in other calendars.

World Coin News is published by Krause Publications.

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€556000 fake euro coins seized by Italian police

December 14, 2014, 4:34 am

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Palermo prosecutor Calogero Ferrara, who led the so-called "Shanghai Money" investigation, told reporters that Italian police on Friday seized €556,000 of fake euro coins, the largest such seizure in the history of Europe's common currency, which began circulating in 2002.

Carabinieri paramilitary police arrested 12 people, including four Chinese nationals, for conspiracy to produce and distribute counterfeit money, investigators said.

"They were high-quality fakes produced at a clandestine Chinese mint and ready to be put on the Italian market just before the Christmas spending rush," read the arrest warrant seen by Reuters.

The 306 000 coins were in 1- and 2-euro denominations, according to Ferrara.

The 2-euro coins are "a perfect product" that cannot be distinguished from an authentic coin with the naked eye, Ferrara said. The 2-euro coins would even have worked in vending machines, he said, adding that the investigation is continuing.

Italy, and especially the area around Naples, is a hotbed for euro counterfeiting, but this is the first time that authorities said they had discovered fake euros made in China and shipped to the euro zone.

Italy's top counterfeit investigator in Naples, Gerardo Marinelli, said in September that half of all fake bills in the 18-country euro zone come from the Naples area, according to estimates based on previously sequestered banknotes.

But counterfeits remain only a small fraction of currency circulating in the euro zone, the European Central Bank says.

In September, Italian finance police arrested a man who concealed a haul of forged €50 banknotes equivalent to €17m in a van outside a shopping centre near Naples.

Source: Reuters

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1897 gold six pence in NYINC Auction

December 15, 2014, 5:31 am

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A legendary South Africa 1897 gold sixpence will be one of the highlights in Heritage Auction upcoming January 4 - 5 NYINC World Coins & Ancient Coins Signature Auction in New York City. The gold proof coin is estimate to sell for $250,000 - $350,000.

A monumental offering of this legendary South African issue, entirely unique in its existence, and off the market for many decades.

Tracing its provenance back to the 1930s, this piece once existed in the Royle Baldwin Collection. Royle Baldwin, a member of the Baldwin numismatic family, assembled a matchless cabinet of many of the rarest and earliest trial pieces of South Africa. In this collection, the coins sat for approximately 70 years until the certified by NGC in 2006. Tightly held over the interim, this offering will be the first time in history that this piece has crossed the block at public auction.

Though its uniqueness is in many respects its most desirable attribute, this fact is compounded by the outstanding beauty that it presents! Immediately identifiable as a carefully produced Proof striking, the fields retain high reflectivity. Pleasing cameo contrast is also on display, as evidenced by the NGC-assigned Proof-63 Cameo grade, setting the raised devices starkly against the flat fields. Die polish blends with light handling to help define the grade, with a tiny mark in front of Kruger's mouth servings as an important identification marker. This coin is a true and unqualified "national treasure."

When contemplating the value of a unique coin, the process one often has to take to arrive at a final number is a complicated one; that task is unquestionably further complicated when the coin, such as the present, has been off the market for decades with no relevant sales records to serve as a basis.

That said, history does allow us to make some comparisons. For instance, the 1898 Sammy Marks "Tickey", or off-metal threepence in gold, of which 215 were struck, is encountered at auction from time to time. The latest sales record we have for that coin comes from September of 2013, when we sold an example graded SP64 by PCGS for $79,637.98. While the entire 215 coin mintage is unlikely to exist today, it's certainly no stretch to say the present gold sixpence is 100 times rarer than its threepence brethren.

Another comparison piece is the "Single 9 Overstamp" 1898 Pond. Like the present coin, that piece is unique, and actually a variety of the "99" Pond of which 120 were made. This rarity is reported to have traded privately in 2010 for 2,500,000 rands (this number is published as "multi-million rands" in the Hern catalog, with other industry sources clarifying a specific amount; in 2010, 2,500,000 rands was the equivalent of $340,000 at the 2010 average exchange rate).

Finally, the 1892 gold halfcrown in gold is a worthwhile study-piece. That coin, also a unique piece of similar appeal, brought £3600 in 1963 when it was last sold in a Glendinnings auction. At that time, a 1874 "coarse beard" pond, of which 174 were minted, brought £100, an easily calculable ratio of 36 to 1. Today, with the average selling price for an unflawed Mint State "course beard" pond likely being around $80,000, that 36 to 1 ratio projects the gold halfcrown at over $2,500,000!

The South Africa gold Proof Pattern 6 Pence 1897 PR63 Cameo will be offered by Heritage Auction upcoming January 4 - 5 NYINC World Coins & Ancient Coins Signature Auction in New York City.

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First of America's Silver Dollars in Spink Auction

December 16, 2014, 3:06 pm

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The first of America's iconic Silver Dollars will be on sale at Spink USA on 27 January 2015. It will also be available for viewing at the New York International Numismatic Convention at Spink stand, no.S33-S34, from Thursday January 8 to Sunday January 11 2015.

The coin is graded AU 50 by NGC and CAC verified, it is quite sharp for the issue, displaying a strong date, bold types and pleasing rich, deep gray toning. The "STATES" on the reverse shows some typical weakness, but the strike is far superior to most examples of this very rare coin. It is estimated $300,000 - $400,000.

Late in 1794, the first U.S. silver dollar was introduced. These lovely dollars - dame Liberty, her hair flowing, on one side; a rustic eagle in a charming display on the other - would find their way into few pockets and purses; a mere 1,758 pieces were minted.

After independence, the fledgling United States continued to suffer a chaos of currency. Myriad foreign gold and silver coins circulated filling the gaps created by the chronic shortage of British coins. Payment for a purchase of provisions might be made up of Portuguese gold half joes, an old Dutch leeuwendaalder, some German states' silver coins, a well-worn Jacobian shilling, a Spanish 8 Reales, and a cut piece of silver plate. To further compound this confusion each American colony had its own rate of exchange.

Thomas Jefferson in 1776 advocated a decimal coinage. As a coinage model, he pointed to the Spanish 8 Reales, the "Dollar". In 1786 Congress picked names for U.S. coinage - an eagle equal to 10 dollars, a half eagle, dollar, half dollar, double dime, dime, cent and half cent. Production was now the issue. On the 16th of October, Congress passed ordinance for the establishment of a mint.

George Washington, on April 2 1792, approved the law "establishing the mint and regulating the coins of the United States." The mint's home would be in Philadelphia. U.S. coinage would now be composed of gold eagles, and half and quarter eagles; silver dollars, half and quarter dollars, dimes and half dimes; and copper cents and half cents.

Thomas Pinckney, the US Minister to Great Britain engaged Albion Coxe as assayer, while a Philadelphia clock-maker and steam-engine builder, Henry Voight was made the chief coiner of the mint. The national mint would go on to flourish, while the silver dollar would go on to become the United States' most iconic coin and the dollar the country's fundamental monetary unit.

Catalogues can be accessed through the Spink website www.spink.com or via the Spink App for iPhone and iPad.

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1852 $50 Assay gold coin sold for $396,562

December 17, 2014, 7:30 am

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A 1852 Assay Office octagonal $50 "slug" with the inscription 900 THOUS to denote its fineness, graded MS64 by PCGS sold for $396,562 in the December 4 - 7 Houston Money Show US Coins Signature Auction. The Auction made its way to a total of over $9.2 million in sales. All prices realized include a 17.5% Buyer's Premium.

This coin is tied for the finest certified and is believed to have once been owned by then-US Assayer Augustus Humbert. The 900 THOUS variety was made necessary when legislation was passed requiring all customs dues to be paid in gold coins of at least .900 fine; previous Assay office issues had been .880, .884, and .887 fine.

1852 $50. Defiant eagle to left, head turned to right, a U.S. shield which rests on rocks, and three arrows in right talon, while from the base of right wing starts a ribband inscribed LIBERTY and passing on through the eagle's beak, terminates in right field, around UNITED STATES OF AMERICA FIFTY DOLLS. above on scroll 900 THOUS this central device enclosed in a beaded circle, outside of which and following the octagon shape of the coin is UNITED STATES ASSAY OFFICE OF GOLD SAN FRANCISCO CALIFORNIA 1852. R. Engine turned. Edge, milled. Octagonal

At AU50, the example of the 1870-CC double eagle in this auction would be considered high grade and one of the ten finest known. No examples of this date have ever been certified in Mint State. The 1870-CC is one of the three keys to the Liberty double eagle series, and this PCGS-graded coin brought a corresponding price when it sold for $305,500.

A 1915 sandblast proof eagle, graded Proof-66 by PCGS, is tied with one other coin as the finest graded by that service. The unconventional finish was wildly unpopular at the time the coin was made, but collectors are drawn to it now because of the unusual finish, the exquisite strike, and the clarity of detail. This coin sold for $99,875.

Just a few of the many other highlights of this auction included:
1889-CC $1 MS64 NGC Realized: $70,500
1916-D 10C MS66 Full Bands PCGS. CAC Realized: $61,687.50
1907 $20 High Relief, Flat Rim MS65+ NGC. CAC Realized: $52,875
1853 10C Arrows PR66+ PCGS. CAC Realized: $52,875
1879-CC $1 MS65+ PCGS. CAC Realized: $49,937.50
1831 1/2 C Reverse of 1836 PR66 Red NGC Realized: $45,531.25
1885-S 10C MS66 PCGS. CAC Realized: $45,531.25
1864-S $5 XF45 PCGS Realized: $44,062.50
1945 New York Assay Office Gold Ingot. 26.94 Ounces Realized: $41,125
1900 $2 1/2 PR67 Deep Cameo PCGS. CAC Realized: $41,125

The January 4-5 NYINC World coin auction is already open for bidding, with the January 7-12 FUN US Coins auction also scheduled to take bids starting very soon at www.HA.com/coins.

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German Crowns and Talers in The Rockaway Collection Part II

December 18, 2014, 5:39 am

≫ Next: Malaysia Gold Foil banknote prohibited by BNM

≪ Previous: 1852 $50 Assay gold coin sold for $396,562

Stack Bowers has announce the sale of German Crowns and Talers in The Rockaway Collection Part II as part of its New York International Numismatic Convention (NYINC) auction, held January 9-10 and 12, 2015. The collection consists of nearly 300 coins, primarily crowns and talers from Germany. A wide range of principalities, cities, states, duchies and bishoprics are represented. Among the coins are examples that are the finest certified for their respective types by the Numismatic Guarantee Corp.

The collection was assembled over several decades, from the 1960 to the 1990s, and the collector’s fascination with history — particularly European, American and Chinese — led to the formation of several important collections. After the collector’s recent passing, Stack’s Bowers Galleries was contacted by his family, who worked with Vicken Yegparian, vice president of numismatics. “The collection came in with the coins in old paper envelopes,” said Yegparian. “After the consignment was written up, I realized that not only was the breadth of the collection impressive, but many of the coins were in superlative condition.” Richard Ponterio, executive vice president added, “Not since our offering of The John S. Davenport Collection has there been such an impressive array of German crowns and talers. We are honored to present this collection to the current generation of numismatists, and are certain the coins will attract spirited bidding.”

“German coins are a very widely collected series,” noted Kent Ponterio, senior numismatist and consignment director at Stack’s Bowes Galleries. “The wonderful thing about this collection is that even with such an impressive assortment, the majority of the coins presented are within the budget of a large number of collectors. Large-size Mint State coins from the 17th and 18th centuries can be had for under a thousand dollars, in some cases. In addition, The Rockaway Collection also contains many important rarities, which will appeal to serious specialists of German coins.”

Highlights include:

Very Rare Bavaria Taler, 1657. Dav-6097; KM-300. NGC MS-62. Finest certified.

Superbly Toned Brandenburg-Bayreuth Taler, 1671. Dav-6273; KM-80. NGC MS-65. Finest certified.

Very Rare Brandenburg-Bayreuth Taler, 1712-PPW SR. Dav-2031; KM-131. NGC MS-64. Beautiful and classic design.

Impressive Medallic Brunswick-Wolfenbuttel Taler, 1702. Dav-2931; KM-641; Welter-2073b. NGC MS-61. Very rare. Allegorical scenes depict political strife in Brunswick following death of Augustus the Younger.

Beautiful Eichstatt Taler, 1757-MF. Dav-2208; KM -75. Sede Vacante issue. NGC MS-67*. Absolute finest graded by NGC, by three points.

Very Rare Proof Frankfort 2 Gulden, 1849. Dav-645; KM-341.1. NGC Proof-64. One of only 200 struck.

Exceptional Quality Fulda Taler, 1672. Dav-5316; KM-17. NGC MS-66. Very rare. Museum quality.

Prooflike Nurnberg Taler, 1711-GFN. Dav-2475; KM-275. NGC MS-64PL. Finest certified.

Museum Quality Prussia Taler, 1701-CS. Dav-2554a; KM-16. NGC MS-64. Rare, finest certified.

Rare Gem Saxony Albertine Line 2 Taler, 1733. Dav-2663; KM-872; Schnee-1023; Kahnt-620a. NGC MS-65. Struck to commemorate the death of Friedrich August I.

Well Struck and Lustrous Saxony Albertine Line Taler, 1696-IK. Dav-7653; KM-675; Schnee-987. NGC MS-64. Very Rare, struck to commemorate the birth of the Prince-Elector. Complex city view design.

Very Rare Commemorative Saxe-Weimar Taler, 1654. Dav-7545; KM-34; Schnee-404. NGC MS-63. Struck to commemorate the assumption of the Rectorship of Jena University by Duke Bernhard of Saxe-Weimar.

Rare and Desirable Trier Taler, 1715. Dav-2824; KM-218. NGC MS-64. Struck on the death of the Archbishop.

Very Rare Commemorative Proof Wurttemburg 3 Mark, 1916-F. KM-638. NGC Proof-63. One of the rarest silver minor coins of the era.

Aside from The Rockway Collection, the Stack’s Bowers Galleries Official Auction of the NYINC includes many other important collections, including The Ray Czahor Collection of Philippine Countermarked Coinage, The Stanley Aberdeen Collection, The John Adams Collection of Spanish Colonial Proclamation Medals, The Ancient Coins From The Richard Aghababian Collection, and further selections from The Demarete Collection. Other important properties include a fine selection of Spanish and American Administration Philippines coins, gold coins of Brazil, a wide range of coins from Russia, and a specialized collection of Judean coins.

For more information on this sale you can visit Stack’s Bowers Galleries website stacksbowers.com.

↧

Malaysia Gold Foil banknote prohibited by BNM

December 18, 2014, 3:19 pm

≫ Next: Finest 1792 Birch Cent in FUN Convention auctions

≪ Previous: German Crowns and Talers in The Rockaway Collection Part II

Bank Negara Malaysia (BNM) has released a statement via their Facebook page that the Malaysia Gold Foil banknotes are prohibited under the Central Bank of Malaysia Act 1958. This is due to the sale of the various denomination (especially RM100) of the Ringgit Malaysia notes gold by public.

Many of my have asked me before about this banknote but I don't reply because I try to focus on coins and in my opinion they're many BNM staff who already knew about this because I can see some of them in the Facebook group which sell the gold foil Malaysia Ringgit. I also think and believe many Malaysian already knew that the notes are fakes (not officially produce by Bank Negara) and it is a waste of money to buy the gold foil notes. When one of my blog reader ask me to give my opinion again about the notes, I agree to share my opinion in Facebook.

I was a little bit surprised when many of my readers who share and talk about the notes believed that Bank Negara Malaysia has produced the notes as a commemorative banknotes.

A few hours later, Bank Negara Malaysia released their statement in Facebook about the fake notes:

This is in reference to the "Gold Plated Ringgit Malaysia" being sold to members of the public through various online platforms and websites.

Bank Negara Malaysia would like to state that the act of reproducing any Malaysian currency notes and coins, or using any photograph, drawing or design resembling any Malaysian currency note or coin, in any advertisement, merchandise or products without the express permission of Bank Negara Malaysia is prohibited under the Central Bank of Malaysia Act 1958.

Bank Negara Malaysia views this matter seriously and urges all parties including members of the public not to participate or be involved in any sale and purchase of the "Gold Plated Ringgit Malaysia".

I am surprised because if you try to google "Malaysia gold foil Ringgit" or "Malaysia gold banknote" and look under the images section of the Google search, you can easily find where do the people actually buy the notes. The dealer in Malaysia buy them for a few cents and sell them to their customer for around RM40 a piece.

These cheap gold foil notes can easily damage and will be damaged after certain period.

In my opinion, Bank Negara Malaysia should monitored the selling of coins and banknotes in the market itself. Maybe go to Amcorp Mall flea market once a while to look for prohibited items which is being sold in the market. Fake old ringgit notes, fake 10 sen 1971 and also some fake commemorative coins are already in the market nowadays. For new collectors, they think that the fake things might not be forbidden since it has been sold for many years in the market.

To all Malaysia Gold Foil banknote sellers you need to remember, banknote images are subject to specific rules governing reproduction, which vary by country. It is an offense to sell fake notes in Malaysia which you can be fined or jailed.

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Finest 1792 Birch Cent in FUN Convention auctions

December 21, 2014, 5:26 am

≫ Next: 40 years Sultan Ahmad Shah gold coin?

≪ Previous: Malaysia Gold Foil banknote prohibited by BNM

The finest known 1792 Birch Cent MS65 NGC CAC will be offered in Heritage Auctions’ Jan. 7-10 Florida United Numismatists (FUN) Convention auctions at the Orange County Convention Center on Thursday, Jan. 8, 2014.

"The spectacular color and prooflike surfaces of this coin make it a leading contender for the most desirable specimen of the Partrick 1792 pattern set," said Rohan. "The overall appearance of this carefully preserved coin is outstanding, and its importance cannot be overemphasized."

Smooth, prooflike surfaces highlight this coin, the epitome of the 1792 pattern coinage. LIBERTY is prominently centered above the portrait, the most aesthetically pleasing arrangement within the 1792 pattern series. The lettered edge bears the inscription TO BE ESTEEMED * BE USEFUL *, while BIRCH is inscribed on the neck truncation.

The Donald G. Partrick Collection of Extraordinary United States Colonials Part I is the finest gathering of colonial coinage ever to appear at auction, said Greg Rohan, President of Heritage Auctions.

"It rivals the collections of the greatest names in numismatic history. Donald Partrick’s lifelong passion for early American coins is evident in this extraordinary offering."

An unprecedented grouping of 12 different 1792 pattern coins will be offered (three more than the famous Parmelee and Garrett collections). Another significant highlight of this auction is one of only four original Confederate half dollars, the sole piece pedigreed to CSA president Jefferson Davis. A group of 12 Continental dollars, including two of only four known in silver, comprises another unmatched group of coins.

Another highlight of this auction is a 1792 Eagle-on-Globe Copper Quarter Dollar MS63 NGC CAC.

"This coin has appeared at auction a mere four times in the past 152 years, and was last offered publicly in 1890," said Rohan. "With one of the two known pieces closely held by the National Numismatic Collection, this is the sole example available to collectors. History suggests an opportunity of only once per generation to acquire one of the most prized patterns of 1792. This is that moment."

The 1792 Eagle-on-Globe quarter dollar patterns exhibit a number of stylistic differences from the other coinage of 1792. The cents, half dismes, and dismes all indicate their denomination, while this coin remains silent with regard to its value. The other 1792 patterns further bear the legend LIBERTY PARENT OF SCIENCE AND INDUSTRY (or its abbreviation), while this piece displays only LIBERTY. The quarter dollar pattern's eagle is markedly different from that of the half disme and disme, which clearly share a common source. The eagle here is a powerful bird exercising dominion over the earth, as opposed to the eagle of the half disme and disme, a scrawny, goose-necked creature (Cornelius Vermeule, in Numismatic Art in America, called it an "ailing barnyard fowl"). The engraver finely rendered the figure of Liberty on the quarter dollar pattern, with the hair gathered in a bun.

The Donald G. Partrick Collection of Extraordinary United States Colonials Part I, will debut on Thursday, Jan. 8, 2014, as part of Heritage Auctions' Jan. 7-10 Florida United Numismatists (FUN) Convention auctions at the Orange County Convention Center.

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40 years Sultan Ahmad Shah gold coin?

December 21, 2014, 3:30 pm

≫ Next: Royal Mint 2015 Gold and Silver Bullion Released

≪ Previous: Finest 1792 Birch Cent in FUN Convention auctions

According to a news report by Utusan, a total of 3,999 limited edition gold coins offered for sale in celebration of 40 years of the reign of Sultan Pahang, Sultan Ahmad Shah.

The production of the gold coins is a collaboration between the Pahang state government and Triplenine Goldworld Gallery Sdn. Bhd (Triplenine).

Triplenine Chief Executive Officer, Datuk Rozaini Donna said, gold coins will be distributed exclusively as a collection of mementos at a price of RM6,999 per piece.

He said that so far, the response has been very encouraging for the collection.

"It is expected to attract crowds, particularly among collectors special issue," he told Utusan Malaysia.

Launch of Commemorative Coin and Stamp Commemorative Celebration Generosity conjunction with Rule 40 of the Sultan of Pahang, Sultan Ahmad Shah will take place in Kuala Lumpur tomorrow night.

Rozaini said, the coin contains 999.9 pure gold weighing 31.33 grams per piece.

He added that the circumference of the coin is 32 millimeters (mm), while the thickness of 3mm.

The gold coin authentication was made by assayer of KL Assay Office (M) Sdn. Bhd, Anuar Abdul Shukor.

"We hope that people will take the opportunity of the celebration of 40 years of the reign of Sultan Ahmad Shah to get these gold coins, which have limited circulation of 3,999 pieces," he said.

More information about the collection of gold coins that can be obtained from the Commissioner Leen Mustafa at 012-9996006, 017-9996006 and e-mail: leentriplenine(at)gmail.com.

In my opinion, this is a medal not a coin, just want to alert all Medal collectors about this news.

Source: Utusan Malaysia.

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Royal Mint 2015 Gold and Silver Bullion Released

December 22, 2014, 6:09 am

≫ Next: Sultan Of Pahang Launches Commemorative Coins, Stamps

≪ Previous: 40 years Sultan Ahmad Shah gold coin?

The Royal Mint has released their 2015 gold and silver bullion design which will be available from The Royal Mint’s trading website www.royalmintbullion.com. The Royal Mint’s flagship Sovereign bullion coins and traditional Britannia bullion coins (including the recently-introduced Britannia fractionals) continue to be offered alongside the more recent addition of the Shēngxiào Lunar Collection.

Shane Bissett, The Royal Mint’s Director of Commemorative Coin, Bullion and Medals said, “This is an exciting time for The Royal Mint, as the latest enhancements to our bullion products and services create an even more compelling choice for the bullion buyer.

“The introduction of Britannia fractional coins and the launch of the www.royalmintbullion.com trading website have made bullion coins even more accessible for those looking to access the precious metals market. The VAT-free status of gold coins in the United Kingdom and the fact that all UK coins are capital gains tax free for UK residents continues to appeal.”

The Sovereign

The Sovereign, The Royal Mint’s flagship gold bullion coin, is available now for 2015, and maintains its reputation as one of the most tightly specified coin in the world, guaranteed to five decimal places by the 1971 Coinage Act and independently verified every year at the Trial of the Pyx.

First struck over 500 years ago in 1489 under the rule of Henry VII, it is one of the oldest coins still produced today, and still bears the instantly recognisable St George and the dragon design by Royal Mint engraver Benedetto Pistrucci. The Sovereign offers unmatched levels of history and symbolism, and as such has become an internationally recognised symbol of unrivalled accuracy, integrity and strength.

The 22 carat gold Sovereign can be purchased now in tubes of 25 coins, or individually in The Royal Mint’s new credit card sized sealed protective single packaging.

Britannia

Britannia, the female representation of Britain, has a long history on British coinage. She is the embodiment of the nation she has represented for almost 2,000 years, ever since the Romans invaded the isles and claimed them as the province of Britannia. She first appeared on the Roman coins of Emperor Hadrian circa AD 119 and was revived for the coinage of Charles II in 1672. The purchase of Britannia bullion now offers even greater flexibility with the addition of the new fractional weight coins.

The 2015 Britannia range offers a choice of 999.9 fine gold and 999 fine silver coins. The gold one ounce coins are available to purchase now in tubes of 10 coins or individually in our new credit card sized sealed protective single packaging. Britannia one ounce silver coins will be available in new credit card sized sealed protective package, or in tubes of 25 coins, and finally the gold fractionals: the 2015 dated half-ounce, quarter-ounce and tenth-ounce coins will be available from March 2015.

Lunar Shēngxiào Collection

At Chinese New Year, gifts and tokens are exchanged, particularly the gift of money in red envelopes, symbolising good wishes for the recipient’s health, wealth and prosperity. The Royal Mint’s Lunar Shēngxiào Collection, named to honour the Chinese zodiac, is a celebration of the UK’s diverse multi-cultural society, and lends a unique British angle to this ancient custom.

In 2014 the organisation struck the United Kingdom’s first Chinese Lunar coins - a United Kingdom first - commemorating the Year of the Horse with a design by British-Chinese designer, Wuon-Gean Ho. For 2015, they are followed by coins bearing Wuon-Gean’s design for the Year of the Sheep.

The Royal Mint’s lunar coins are struck as tenth-ounce and limited mintage one ounce 999.9 fine gold coins, and one ounce 999 fine silver coins. They are available to buy now in tubes of 10 or 20 coins, dependent on the metal purchased (1oz gold and silver coins only), or individually in new credit card sized sealed protective package.

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Sultan Of Pahang Launches Commemorative Coins, Stamps

December 22, 2014, 3:10 pm

≫ Next: 1906 Kuang Mu gold 20 Won in New York Auction

≪ Previous: Royal Mint 2015 Gold and Silver Bullion Released

Sultan of Pahang, Sultan Ahmad Shah launch Coins and Stamps Memorabilia celebration of 40 years of his reign, here today. The event saw the release of a commemorative coin and stamp to commemorate 40 years of the reign of Sultan Pahang who occupied the throne for the period.

Here are the news Bernama:

KUALA LUMPUR, Dec 22 (Bernama) -- The Sultan of Pahang, Sultan Ahmad Shah, Monday launched the commemorative coins and stamps issued in conjunction with the 40th anniversary of his reign.

Also present at the launch was Sultanah of Pahang Sultanah Hajah Kalsom. Pahang Menteri Besar Datuk Seri Adnan Yaakob in his opening speech said the issuance of the stamps was important as they would help the new generation to learn more about the Sultan.

Only 3999 coins will be produced and sold at a price of RM6,999 each. Order and purchase of the coins can be made through Triplenine Goldworld Gallery Sdn Bhd, while the stamps will be made available for purchase at all post offices nationwide from Dec 29.

A complete set of the stamps (20 pieces) is priced at RM19.10.

You can also find more information about this Medal in my article: 40 years Sultan Ahmad Shah Gold Coin.

↧

1906 Kuang Mu gold 20 Won in New York Auction

December 23, 2014, 6:20 am

≫ Next: Where to find coin deposit machine

≪ Previous: Sultan Of Pahang Launches Commemorative Coins, Stamps

A very rare Korean Kuang Mu gold 20 Won, one-year type and possibly the finest known is expected to bring $130,000 in Heritage Auctions' World Coins & Ancient Coins Signature® Auction held in conjunction with the New York International Coin Show (NYINC) at the Waldorf Astoria, Jan. 4-5 in New York.

The Osaka mint gold coin is graded MS64 by NGC. Ex. Eliasberg Collection.

The obverse features a stylistic dragon within a dotted circle, clutching the pearl of celestial wisdom and the reverse depicts the imperial seal of Korea atop the vertical denomination, surrounded by wreaths of intertwined flowers and leaves. This specimen presents impeccably raised detail atop silky surfaces the shade of pure honey and nearly pristine fields, save for a few, unremarkable reverse ticks. An incredibly scarce, one-year type with a modest, original mintage of 2,506 pieces, of which only a fraction of that number are thought to still exist.

King Kojong assumed the title of Emperor Kuang Mu in 1897 and struggled to preserve Korea's independence during a tumultuous time in history when Korea faced successive threats by China, Russia, and Japan. Predating this was the Sino-Japanese War (1894-1895) when the Qing Dynasty of China and the Meiji of Japan were warring for dominance over Korea and, subsequently, East Asia. Japan prevailed and the loss had devastating consequences in China that would culminate with the Xinhai Revolution of 1911. However, Japan's position was almost immediately threatened by Russian influence which lasted until the Russo-Japanese War (1904-1905), at which time Japan established a direct protectorate over Korea.

During the protectorate era, the Won coins of Korea displayed the representative Japanese dragon motif and were struck in Osaka to the Japanese standard. As for the gold coins, the 5, 10, and 20 Won appeared just before Korea's independence was extinguished. Since almost all of the gold coins were melted after Korea was annexed to Japan in 1910, the exact number of surviving examples is unknown, but thought to be extremely small in number.

Also on offer is a unique 1897 Republic gold proof pattern 6 Pence of South Africa, the first time the South African gold proof has ever crossed the block at a public auction, which is highlighted by several important, private collections.

"Last year's NYINC event set a new record and we have high expectations for this year's offering," said Cristiano Bierrenbach, Executive Vice President of International Numismatics. "Several collectors have trusted us with decades of their hard work and investment and we're excited to introduce them to a new generation of collectors."

The Japanese Protectorate. Kuang Mu gold 20 Won Year 10 (1906) will be offered by Heritage Auction upcoming January 4 - 5 NYINC World Coins & Ancient Coins Signature Auction in New York City.

↧

Where to find coin deposit machine

December 24, 2014, 4:09 am

≫ Next: Counterfeiters make perfect euro coins

≪ Previous: 1906 Kuang Mu gold 20 Won in New York Auction

Today Bank Negara Malaysia released a press statement about Coin Deposit Machines are now available nationwide to facilitate deposit of coins by businesses and members of the public. A total of 236 Coin Deposit Machines are placed at the participating financial institutions, hypermarkets and Tabung Haji branches. The Coin Deposit Machines is an automated, self-service coin machine that enables customers of participating financial institutions and Tabung Haji to deposit their coins without any charges.

The Coin Deposit Machines at the participating financial institutions offer same day credit for coins that are deposited before 4 p.m. and next day credit for coins deposited after 4 p.m. For Coin Deposit Machines that are located at participating hypermarkets, customers will receive a shopping voucher equal to the value of coins deposited which they can use to pay for goods purchased at the participating stores.

I visit several coin deposit machine before, all cannot get you cash instantly. You need to deposit the coins in the machine and you can get a voucher receipt (if you go to Hypermarket) or you can deposit coins into your accounts using an ATM card/account number. When they start to allowed the Coin Deposit Machine (CDM) in 2010, only Klang Valley have them. Today, you can find the Coin Deposit Machine (CDM) in many places in Malaysia.

The Coin deposit machine accepts only Malaysia coins. There is no need to sort your coins as the machine has the ability to accept mixture of denominations of 5 cent, 10 cent, 20 cent and 50 cent. After the counting completed, a receipt will be printed. If you find any problem with the CDM, you can complaint to the Bank/Hypermarket who manage them or to Bank Negara Malaysia.

In this post is a picture of a Coin Deposit Machine (CDM) at Mydin Hypermarket in USJ 1, Subang Jaya. Look like nothing change, you deposit the coins in the machine and you can get a voucher/shopping coupon (look like ATM slip) that is valid on the same day only and cannot be exchangeable with cash. The machine at Mydin are known as "smart syiling" and can be found at Mydin USJ, Sinar Kota and Plaza MPK. I am not sure if you can get cash nowadays at these machines in the banks. If any of you knew anything about this, please share them in my Facebook page.

Coin Deposit Machine (CDM) location in Malaysia:

PUTRAJAYA

Presint 1
Alamanda Putrajaya Shopping Centre (AmBank)
Blok E 16, Parcel E Presint 1 (Tabung Haji)

Presint 8
Jalan P8C/2, Presint 8 (Bank Rakyat)
Jalan P8C / 1, Presint 8 (CIMB)

KUALA LUMPUR

Ampang
Jalan Pandan Prima, Dataran Pandan Prima (Tesco Hypermarket)

Bangsar
Bangsar Shopping Centre Office Tower, Jalan Maarof (RHB)

Bukit Bintang
Menara Genesis, Jalan Sultan Ismail (HSBC)

Cheras
Jalan Cerdas Taman Connaught (AmBank)
Jalan Damai Niaga 1, Alam Damai (OCBC)
Jalan Mutiara Timur Satu, Taman Mutiara (CIMB)

Taman Maluri
Jalan Perkasa 1, Cheras (CIMB)
Jusco Taman Maluri Shopping Centre, Jalan Jejaka (AEON-Jusco)

Danau Kota
Starpac Point, Jalan Genting Klang (BSN)

Desa Pandan
No. 33 & 35, Jalan 1/76 (Bank Rakyat)

Jalan Ampang
Menara Citibank (Citibank)
Jalan Memanda 7, Taman Dato Ahmad Razali (RHB)
Wisma Selangor Dredging (Al-Rajhi)
Wisma BSN Jln Ampang (BSN)

Jalan Imbi
Berjaya Times Square 1 (AmBank)

Jalan Pinang
Tower 1, MNI Twins 11 (Kuwait Finance)

Jalan Raja Chulan
Bangunan Ambank Group (AmBank)
Menara Affin (Affinbank)

Jalan Raja Laut
Podium Block, Medan MARA (Bank Islam)
Menara Bumiputra Commerce (CIMB)

Jalan Sentul
Sentul Raya Off Jalan Sentul (Public Bank)

Jalan Tuanku Abdul Rahman
Cawangan Utama (Maybank)

Jalan Tun H.S. Lee
Plaza First Nationwide (Public Bank)

Jalan Tun Perak
Menara Maybank (Maybank)
RHB Centre (RHB)

Jalan Tun Razak
Ibu Pejabat TH, Jalan Tun Razak (Tabung Haji)

Jalan Tun Sambanthan
Wisma Koponas (CIMB)

Kepong
Jalan Ambong Kiri 2, Kepong Baru (AmBank)
Jalan Desa Jaya, Pekan kepong (CIMB)

Leboh Ampang
Bangunan HSBC 2 (HSBC)

Mid Valley
The Boulevard Mid Valley City, Lingkaran Syed Putra (RHB)

Mont' Kiara
Jalan Solaris 1, Solaris Mont Kiara (Public Bank)

Sentul Raya
The Boulevard Shop Office, Jalan 11/48A (CIMB)

Setapak
Jalan Genting Kelang (Affinbank)

Taman Melawati
Taman Melawati, Jalan Bandar 12 (Muamalat)

Wangsa Maju
Jalan Wangsa Delima 11, D'Wangsa KLSC Wangsa Maju (Maybank)

SELANGOR

Ampang
Jalan Bunga Tanjung 6A, Taman Muda (Public Bank)
Jalan Wawasan 2/2, Bandar Baru Ampang (Affinbank)
Taman Ampang Utama, Jalan Ampang (UOBM)

Balakong
Wisma Pauson, Jalan Taming Kanan 1, Taman Taming Jaya (CIMB)

Bandar Cheras Selatan
Jusco Taman Equine Store (AEON-Jusco)

Bangi
Jalan 6C/7 (Bank Islam)
Jalan 6C/16 Seksyen 16 (Maybank)
Jalan 8/1, Seksyen 8 (Affinbank)
Kompleks Diamond, Bangi Business Park, Bandar Baru Bangi (Tabung Haji)

Banting
Jalan Besar (CIMB)
Jalan Sultan Abdul Samad (Bank Rakyat)

Batu Caves
Jalan Prima SG 5, Prima Sri Gombak (Maybank)
Bandar Baru Selayang (Maybank)

Cheras
Jalan Kijang 1, Taman Suntex, Batu 9 (RHB)

Damansara
Leboh Bandar Utama, Persiaran Bandar Utama, Bandar Utama (AEON-Jusco)

Damansara Perdana
Mutiara Damansara (Maybank)
Perdana The Place, Damansara Perdana (Hong Leong)

Ijok
Pusat Perdagangan Alam Jaya Bandar, Puncak Alam (UOBM)

Kajang
Jalan Reko Sentral 4, Off Jalan Reko (Agrobank)
Wisma Metro Kajang, Jalan Semenyih (Al-Rajhi)
Kajang Prima, Off Jalan Semenyih (Maybank)

Kelana Jaya
Jalan SS6/14, Kelana Jaya (CIMB)

Kinrara
Taman Kinrara, Section 1, Batu 7/12,Jalan Puchong (Affinbank)

Klang
Jalan Batu Tiga Lama, Kampong Bukit Kuda (Citibank)
Wisma Sh Ng, Persiaran Sultan Ibrahim (AmBank)
Wisma Palmbase,Persiaran Raja Muda Musa (AmBank)
Jalan Kepayang (Standard Chartered)
Jalan Stesen (RHB)
Wisma Esther Robert, Lorong Batu Nilam 4B, Bandar Bukit Tinggi (CIMB)
Lorong Kasawari 4B (Alliance Bank)
Bangunan TH, Jalan Kapar (Tabung Haji)

Pandan Indah
Jalan Pandan Indah 4/34 (CIMB)

Petaling Jaya
Jalan SS21/60, Damansara Utama (Public Bank)
Jalan PJS 11/28A, Bandar Sunway (Public Bank)
Dataran Sunway, Kota Damansara (Al-Rajhi)
Wisma IJM, Jalan Yong Shook Lin (Maybank)
Jalan PJS11/28A, Bandar Sunway (Maybank)
Wisma BU8, No 11, Lebuh Bandar Utama, Bandar Utama (CIMB)
Jalan Sultan (HSBC)
Jalan SS 2/55 (Alliance Bank)
Bangunan UOB, Jalan Othman (UOBM)
Jalan PJU 7/4, Mutiara Damansara (Tesco Hypermarket)
Jalan 52/2, Section 52 (CIMB)

Puchong
Jalan Puteri 2/3, Bandar Puteri (Public Bank)
Jalan Puteri 1/1, Bandar Puteri (AmBank)
Jalan Tk1/11a, Taman Kinrara, Seksyen 1, Batu 7 1/2 (AmBank)
Jalan Puteri 1/2, Bandar Puteri Puchong (Standard Chartered)
IOI Boulevard Jalan Kenari 5, Bandar Puchong Jaya (RHB)
Jalan Kenari 1, Bandar Puchong Jaya (CIMB)

Rawang
Jalan Pusat Bch 1a, Bandar Country Homes (AmBank)
Jalan Rawang 1, Bandar Baru Rawang (Muamalat)
Jalan Maxwell (RHB)
Jalan Bandar Rawang 2, Bandar Baru Rawang (Maybank)
Jalan Bandar Rawang 2, Pusat Bandar Rawang (CIMB)

Seri Kembangan
Jalan Perusahaan 2 (Public Bank)
Jalan Perusahaan 2, Off Jalan Kolej, Taman Jinma (AmBank)
Persiaran Akademi Perdana, Taman Equine, Bandar Putra Permai (Maybank)
Jalan Sungai Besi Indah 1/21, Taman Sungai Besi Indah (Alliance Bank)

Shah Alam
Jalan Sepadu B25/B, Taman Perindustrian Axis, Section 25 (Public Bank)
Wisma PKNS (BSN)
Laman Seri Business Park, No. 7, Jalan Sukan, Seksyen 13 (Muamalat)
Jalan Niaga 16/3A, Seksyen 16 (RHB)
Medan Setia Alam, Persiaran Setia Impian, Precinct 8 Setia Alam Seksyen U13 (RHB)
Persiaran Perbandaran Section 14 P.O Box 7109 (Maybank)
Jalan Pinang B18 /B, Seksyen18 (CIMB)
Jalan Pelabur B/23B Seksyen 23 (Bank Rakyat)
Jalan Tengku Ampuan Zabedah D9/D, Seksyen 9 (Hong Leong)
Wisma Sunway Mas, Jalan Tengku Ampuan Zabedah C9/C, Seksyen 9 (UOBM)
Jalan Plumbum S7/S Pusat Komersial Seksyen 7 (Kuwait Finance)
Jalan Aerobik 13/43 (Tesco Hypermarket)

Subang Jaya
Jalan SS17/1A (Al-Rajhi)
Jalan USJ10 /1G (Maybank)
Jalan SS19/6 (Hong Leong)
Persiaran Subang Permai, USJ 1 (Mydin)

Sungai Besar
Jalan Menteri (Bank Rakyat)

JOHOR

Johor Bahru
Bangunan City Plaza, Jalan Tebrau (Citibank)
Jalan Persisiran Perling,Taman Perling (Public Bank)
Jln Harimau Tarum, Taman Century (Standard Chartered)
Johor Bharu City Centre, Jalan Wong Ah Fook (Maybank)
Jalan Molek 2/2, Taman Molek (Kuwait Finance)

Kluang
Jalan Dato' Haji Hassan (OCBC)

Kota Tinggi
Jalan Niaga 2,Pusat Perdagangan Kota Tinggi (Agrobank)
Jalan Ahmad Ujan Taman Kota Besar (Hong Leong)

Masai
Jalan Permas Jaya 10/2, Bandar Baru Permas Jaya (Alliance Bank)

Muar
Jalan Maharani (OCBC)
Pusat Dagangan Bakri, Jalan Bakri (Hong Leong)

Parit Jawa
Jalan Dahlia 1/1, Taman Dahlia, Jalan Abdul Jabbar (BSN)

Pasir Gudang
Jln Mawar 1, Taman Mawar (Hong Leong)

Pontian
Jalan Delima 2, Pusat Perdagangan Pontian (Bank Rakyat)
Jln Delima Pusat Perdagangan Pontian (Hong Leong)

Segamat
Jalan Genuang (Hong Leong)
Skudai Jalan Nakhoda 1, Taman Ungku Tun Aminah (AmBank)
Jalan Perwira 17, Taman Ungku Tun Aminah (Maybank)

Tangkak
Jalan Muar,Tangkak (RHB)

Yong Peng
Jalan Besar Taman Sembrong Baru (Bank Rakyat)

MELAKA

Jasin
Bandar Baru Jasin (BSN)

Melaka
Plaza Melaka, Jalan Hang Tuah (RHB)
Graha Peladang, Jalan Hang Tuah P.O. Box 173 (Maybank)
Jalan Munshi Abdullah (Maybank)
Jalan Ong Kim Wee (Hong Leong)
Bangunan TH, Jalan Banda Kaba (Tabung Haji)
Mydin Mall MITC, Hang Tuah Jaya Ayer Keroh (Mydin)

N.SEMBILAN

Kuala Kelawang
Jalan Pertang (Agrobank)

Nilai
Jalan BBN 1/2F, Bandar Baru Nilai (Bank Rakyat)

Seremban
Jalan Rasah (Public Bank)
Jalan Dato’ Lee Fong Yee (Public Bank)
Jalan Dato Bandar Tunggal (BSN)
Jalan RJ 6/8, Taman Rasah Jaya (AmBank)
Wisma Great Eastern, Jalan Yam Tuan (Muamalat)
Jalan Dato Sheikh Ahmad (Bank Islam)
Jalan Dato' Bandar Tunggal (Maybank)
Jalan Dato’ Bandar Tunggal (Hong Leong)
Wisma Dewan Perniagaan Melayu, Jalan Dato Bandar Tunggal (CIMB)

PAHANG

Bentong
Jalan Loke Yew (UOBM)

Kuantan
Jalan Bank (BSN)
Jalan Tun Ismail (Agrobank)
Lorong Pandan Permai 2/2, Pandan Permai, Jalan Gambang (Maybank)
Bangunan BCB 32 Jalan Bank (CIMB)

Raub
Jalan Dato Abdullah (Bank Rakyat)

PENANG
Butterworth
Prangin Mall, Jalan Dr Lim Chwee Leong (CIMB)

Georgetown
Jalan Sultan Ahmad Shah (Citibank)
Jln Macalister (BSN)
Jalan Jelutong (Maybank)
Jalan Perusahaan Auto-City (Hong Leong)

Prai
Jalan Chain Ferry, Taman Inderawasih (Maybank)

PERAK

Ipoh
Persiaran Bercham Selatan 2 (Public Bank)
Jalan Silibin, Jelapang (Public Bank)
Jalan Sultan Idris Shah (Public Bank)
Pusat Perdagangan Greentown, Persiaran Greentown 5 (Agrobank)
Kompleks Islam Darul Ridzuan Jalan Panglima Bukit Gantang Wahab (Bank Islam)
Jalan Silibin (Maybank)
Susuran Stesen 18 (Maybank)
Persiaran Greenhill (HSBC)
Jalan Canning Estate (CIMB)

Taiping
Jalan Berek (OCBC)

Tanjung Piandang
Jalan Piandang 1, Taman Piandang Indah (BSN)

Teluk Intan
Jalan Intan 5, Bandar Baru (Bank Rakyat)

PERLIS

Kangar
Jalan Indera Kayangan (Agrobank)

KEDAH

Alor Setar
Jalan Sultan Badlishah (BSN)
Jalan Tunku Ibrahim (RHB)
Jalan Sultan Badlishah, P.O Box 82 (Maybank)
Bangunan Tunku, Jalan Tunku Ibrahim (CIMB)
Jalan Sultan Badlishah (Hong Leong)

Baling
Bangunan UMNO, Pekan Baru (Bank Rakyat)

Gurun
Jalan Sg. Petani (Bank Rakyat)

Langkawi
Jalan Pandak Mayah 1, Pusat Bandar Kuah (Maybank)

Sik
Jalan Tunku Ibrahim (Public Bank)

Sungai Petani
Jalan Legenda 1, Legenda Heights (Maybank)
Jalan Perdana Heights 2/2, Perdana Heights (Affinbank)
Jalan Legenda 10, Legenda Heights (Hong Leong)

KELANTAN

Kota Bahru
Jalan Kebun Sultan (Public Bank)
Jalan Pintu Pong (BSN)
Bangunan Yakin, Jalan Raja Perempuan Zainab II, Kubang Kerian (Agrobank)
Jalan Raja Perempuan Zainab, Bandar Baru Kubang Kerian II (Bank Islam)
Jalan Mahmood P.O. Box 108 15710 (Maybank)
Wisma Square Point, Jalan Pengkalan Chepa (CIMB)
Jalan Padang Garong, Section 12 (Hong Leong)

Tanah Merah
UMNO Building (Jalan Dato’ Nik Mustapha) (Maybank)
Bandar Tanah Merah (Bank Rakyat)

TERENGGANU

Kemaman
Jalan Kubang Kurus (Bank Rakyat)

Kuala Terengganu
Jalan Padang Hiliran (Bank Islam)
Taman Tanjung Permata,Kampung Gong Badak, Jalan Batu Rakit,Gong Badak (Bank Rakyat)
Jalan Sultan Ismail (CIMB)
Jalan Sultan Mohamad (Mydin)
Jalan Sultan Ismail (UOBM)
Jalan Sultan Ismail (Maybank)

Marang
Pekan Bukit Payong (BSN)

Paka
Jalan Besar, Pusat Niaga Paka (Maybank)

SABAH

Beaufort
Lo Chung Park (Public Bank)

Inanam
Phase 1, KK Taipan (Hong Leong)

Kota Belud
Kompleks Centenary Jalan Sabar (Public Bank)

Kota Kinabalu
KK Taipan Inanam, New Township, Jalan Tuaran (Public Bank)
Menara MAA Lorong Api-Api 1, Api-Api Centre (Public Bank)
Jalan Centre Point City Parade Centre Point Sabah (Public Bank)
Alamesra Plaza Utama Kuala Menggatal (BSN)
Lintas Station Complex, Jalan Lintas, Luyang (RHB)
Beach Street P.O. Box 10862 (Maybank)
Harbour City Jalan Pantai Baru, Sembulan (Bank Rakyat)
Hongkong Bank, Jalan Gaya (HSBC)
Block K, Sinsuran Complex (Alliance Bank)
Block 3, Lorong Api-Api 2, Api-Api Centre (Hong Leong)
Jalan Pantai, Locked Bag (Hong Leong)

Papar
Jalan Besar, Pekan Papar (Public Bank)

Penampang
Donggongon New Township, Jalan Tapikong (Public Bank)

SARAWAK

Kota Sentosa
Blok 233, Kuching North Land District, Cinmuk Commercial Centre (BSN)

Kuching
Stutong Parade, Jalan Setia Raja (Public Bank)
Jalan Kulas (RHB)
Wisma Satok, Jalan Satok P.O. Box 1963 (Maybank)
Bangunan Binamas, Jalan Padungan (HSBC)
Jalan Satok, K.T.L.D Jalan Satok (Kuwait Finance)

Sri Aman
Jalan Hospital (Bank Rakyat)

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