The Banco Central de Venezuela has hastily announced (12th June) the issue of three new, larger banknote denominations just nine months after they re-denominated the bolivar currency to keep one step ahead of the country’s runaway annual rate of inflation. The bolivar soberano banknotes in denominations from 2-500 bolivares and two coins of one bolivar […]
Bowers on collecting: Focus on 20-cent pieces
I continue to discuss topics proposed a few weeks ago by readers. Next up is this from Matt from Santa Rosa, California: When I read about the 20-cent coin that was issued by the Mint only between 1875 and 1878 I hear about how no one liked the coin and they did not circulate. When […]
Cash makes a comeback
In an article published on June 3, 2019, entitled “Hitting the Brakes on the Cashless Society,” payments risk expert Claire Greene analyzes the pushback against cashless systems taking place in various states and municipalities throughout the country. Greene builds off of the research of Oz Shy, who drew his conclusions from the 2017 Diary of […]
CIT: Two commemorative coins and one commemorative banknote from Mongolia to mark the Year of the Mouse
Coin Description The obverse of the coin, which is struck on a blank in the shape of a stylized mouse, shows the emblem of the Central Bank of Mongolia within a lightly incused circle. Beneath, it bears the inscription 1000 Togrog in Cyrillic characters, and beneath that is MONGOLIA 1 OZ .999 SILVER in Latin […]
Bowers on collecting: You are invited!
For this week’s message, I turn to you. I invite you to submit questions or subjects you would like me to address in this column. They can be on any aspect of American numismatics from Massachusetts silver to the latest America the Beautiful quarters — coins, tokens, medals, or paper money. To do this, contact […]
Kazakhstan: New circulation coins featuring Latin-based alphabet issued
The National Bank of Kazakhstan has begun the issue of newly minted coins that include text in the Latin alphabet, which the country officially began transitioning to in 2017. The new coins are part of a presidential decree initiated by the former president, Nazarbaev, who announced in April 2017 that all national publications, documents, correspondences […]
United Kingdom: Penny and two-pence pieces gain reprieve from chancellor
The question arose once again this month about whether the two smallest coin denominations should be discontinued in the United Kingdom. This was today put to rest at least for the foreseeable future by British Finance Minister Philip Hammond. The announcement, made during the Verdict of the Pyx ceremony in London, where he reiterated plans […]
An open letter from Dennis Tucker to Bill Hyder and the Token and Medal Society
From Dennis Tucker Atlanta, Georgia To Mr. Bill Hyder Scott’s Valley, California April 2019 Dear Bill, I’ve got something to vent about. Your article in the January/February 2019 issue of the Token and Medal Society’s TAMS Journal (“Merchant Token Ephemera From Wiley, Kansas”) makes me feel like I’ve been asleep for the past 15 years […]
India: New 20-rupee banknote issue joins current and second “Mahatma” series
The Reserve Bank of India (RBI) has announced (26th April) they will shortly issue the new ₹20 denomination banknotes (U.S. $.029) which will be part of the current and second Mahatma Gandhi series that was first begun in 2017. This particular denomination will be issued including the signature of Shri Shaktikanta Das, governor of the […]
The Great American Coin Hunt is underway: Check your pocket change this week!
The Great American Coin Hunt is now fully underway as part of National Coin Week. Initially, the Great American Coin Hunt started as an idea formed between several coin dealers, but has since evolved into a viral, grassroots campaign that has taken off in the online numismatic community with tens of thousands of enthusiasts planning […]
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