The World’s Fair of Money, held this year in Philadelphia, PA, is considered the major numismatic event in the United States. This week-long happening attracts collectors and dealers from around the world, and with it come a number of auctions held by various auction companies offering thousands of different numismatic items. In this first preview […]
Bowers on collecting: Civil War money
Forming a collection of money used during the Civil War can be an interesting pursuit. A full collection of such would include tokens, coins, and paper money and would run to over 1,000 varieties if scrip or private paper money notes were considered. A bit simpler plan is to have a type set showing representative […]
Venezuela: Central Bank announces new revaluation to rescue beleaguered currency
The Banco Central de Venezuela has confirmed (25th July) that, per the instructions of President Nicholas Maduro, newly revalued banknotes will be issued which will see five zeroes removed from the “bolívar fuerte,” which was introduced in 2009 by the previous president, the late Hugo Chavez. In an effort to combat a staggering level of […]
Hong Kong Monetary Authority launches new banknote series from issuing banks
The Hong Kong Monetary Authority (HKMA), the central association which governs and regulates the issue of banknotes from the three commercial banks and issues currency banknotes in the City State has launched (23rd July) new banknotes and themes for the 2018–2019 series. The HKMA regulates the issue of banknotes from Note Issuing Banks (or NIB’s), […]
Déjà vu all over again: American Innovation Dollar Coin Program
On July 10, legislation calling for the issuance of a new series of $1 coins that will honor American innovations and innovators was sent to President Trump to be signed into law — which he did Friday. The bill, H.R. 770 — the American Innovation $1 Coin Act — authorizes the issuance of four coins per year starting […]
India: Reserve Bank announces newly revised 100-rupee banknotes to be introduced shortly
The Reserve Bank of India (RBI) has announced (18th July) plans to issue new 100-rupee banknotes ($U.S. 1.45) which are part of their latest family of banknotes depicting the country’s cultural heritage on the back sides and the Mahatma’s image on the face side. The revised series includes the latest security features and continues their […]
Utah, Texas, and Wyoming top 2018’s Sound Money Index
New Jersey, Kentucky, Vermont and three other states declared biggest enemies of sound money Eagle, Idaho (July 9th, 2018) — Utah, Texas, and Wyoming round out the top three most sound money-friendly states in the United States, according to the 2018 Sound Money Index, released today by the Sound Money Defense League and Money Metals Exchange. The 2018 […]
Cash is on the decline, but it’s far from finished
In a June 25 article by the Federal Reserve Bank of Atlanta entitled “Down but Not Out,” Payments Risk Expert Claire Greene outlined the various factors that influence the increase in cashless transactions. While an estimated one-third of consumer transactions are completed via the use of cash, the remaining two-thirds of those transactions are largely […]
South Africa: First-ever commemorative banknotes celebrate birth centenary of Nelson Mandela
The South African Reserve Bank (SARB) announced (14th June) they will be launching their first commemorative banknote series, in celebration of the birth centenary of the country’s first post-apartheid president, Nelson Mandela. These notes will include all currently circulating denominations R10, R20, R50, R100, and R200. As part of the celebrations, the South African Mint, […]
Azerbaijan: Central bank unveils design of the new 200-manat banknote denomination
The Central Bank of the Republic of Azerbaijan has unveiled (24th May) a new 200-manat banknote denomination, which, when issued, will be the country’s largest value of currency in circulation. The banknotes are part of the current family of banknotes initially introduced in 2006 during which a currency re-valuation was also introduced that saw one […]
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