New coin at Peru

lunes, 29 de marzo de 2010

The Central Reserve Bank of Peru (BCR) has designed a limited edition coin a 1 Nuevo Sol (New sun).
This new coin has the design of a Golden Tumi front and back. Part of the coin series "Wealth and Pride of Peru", which seeks to highlight the cultural heritage of the Nation.
Be struck only once 10 million of these coins that will replace the current one which will continue to mint, so it will be collectible.
The President of Council of Ministers, Javier Velásquez Quesquén attending today March 29th at the presentation ceremony of the new currency, which will be held at 10.30 am at the headquarters of the BCV and will also have the presence of President of BCR, Julio Velarde, and the owner of the Numismatic Society of Peru, Pedro de la Puente.
The new currency will circulate simultaneously Tumi de Oro with the current of 1 Nuevo Sol.

Weight: 7.32g
Diameter: 25.5mm

Quarters to recognize national parks

miércoles, 24 de marzo de 2010

In a celebration of the USA's splendors, the U.S. Mint today unveils designs for the first five quarters in the America the Beautiful Quarters Program.

According to mint officials, the series will honor 56 national parks and other sites in all 50 states, the District of Columbia and the U.S. territories.
The first coin, featuring Hot Springs National Park in Arkansas, will be available April 19. For more details on the coins, just double-click the image to the right.
Five quarters will be issued yearly through 2021 in the order in which the featured attraction was established as a national park or national site, the Mint says in a news release.
Dignitaries will unveil the new designs this morning at the Newseum in Washington, D.C.
Said Mint Director Ed Moy: "Through America the Beautiful Quarters coins, we will be transported to national parks, forests and wildlife refuges, part of a vast public land legacy belonging to all Americans—natural and cultural treasures protected for our recreation, relaxation, education, inspiration and transformation."

Japan Mint to issue memorial coin in honor of samurai Ryoma Sakamoto

domingo, 21 de marzo de 2010

The Japan Mint has announced it will issue a memorial silver coin embossed with an image of legendary 19th-century samurai Ryoma Sakamoto.

The administrative agency has been issuing coins representing prefectures since 2008, in celebration of the 60th anniversary of the enforcement of the Local Autonomy Law.

The new 1,000-yen coin is themed on Kochi Prefecture, the birthplace of Sakamoto, a samurai who led the movement to overthrow the Tokugawa Shogunate and made a great contribution to the modernization of Japan. He has been featured in many films and TV dramas, including NHK's ongoing period drama "Ryomaden."

A total of 100,000 of the coins will be sold through mail order, at the price of 6,000 yen each. They will go on sale from late May.

For inquiries, call the Japan Mint at (050) 5548-8686

Canadian currency to go plastic next year

domingo, 7 de marzo de 2010

Paying with plastic will take on a whole different meaning next year as the Bank of Canada begins introducing plastic dollar bills.

The federal government announced in its budget yesterday that it is “taking steps to modernize Canada’s currency and protect against counterfeiting,” introducing a new currency printed on a polymer material.

Plastic bills have proven to be more durable than the current cotton-based money, reportedly lasting four times as long.

Polymer money has other benefits too: it is cleaner, cheaper to produce and harder to counterfeit than cotton-based paper bills.

The bills are also more green — because the money lasts longer, it will cause a lower impact on the environment, the federal government contends.

The plastic banknote was first introduced in Australia and several countries have since adopted the polymer money, including New Zealand, Mexico and Vietnam.

According to the federal budget, Canada’s loonies and toonies will also be undergoing a transformation in 2011, with a new composition that uses the Royal Canadian Mint’s cheaper “patented multi-ply plated steel technology.”

Snoopy coins

jueves, 4 de marzo de 2010

Japanese money commodity trader Taisei Coins' displays a 50 New Zealand dollar gold coin, a large 10 New Zealand dollar silver coin and three two New Zealand coins designed after popular cartoon character Snoopy for the celebration of the 60th anniversary of its publication, in Tokyo.

Ancient and medieval Armenian coins acquired by Princeton Numismatic Collection

miércoles, 3 de marzo de 2010

The Princeton University Numismatic Collection has acquired the Armenian Heritage Collection of ancient and medieval coins, adding a new area of specialized strength to the University's extensive numismatic research holdings.
The Armenian Heritage Collection was assembled over a period of decades by an expert collector, who sought to represent the various periods in the pre-modern age when Armenia produced its own coinage or made substantial contributions to the coinage of other powers, according to Princeton Curator of Numismatics Alan Stahl.
"The collection includes coins of three distinct periods, all of interest to the academic concerns of the University," Stahl said.
Stahl said the acquisition will provide scholars with access to significant materials to study early Armenian civilization, as well as provide new opportunities at Princeton to research ancient and medieval societies.
The earliest coins in the collection are those of the Artaxiad dynasty, which became the largest political power east of Rome in the first century B.C. The coins of most relevance to Princeton's existing holdings are those minted in the reign of Tigranes the Great, who ruled from the Seleucid capital of Antioch-on-the-Orontes from 95 to 55 B.C.
"The coins of Tigranes from Antioch hold special interest for Princeton because University scholars led the excavations of the site in the 20th century and the University holds more than 30,000 coins found there in our collection," Stahl said. "One of the great mysteries of the coins from these excavations is the lack of any in the name of Tigranes and the dearth of local municipal coins for the period of his reign."
Included in the collection are two large silver pieces of Tigranes the Great and 19 bronze coins in his name, as well as examples of rare coins featuring his successors. All of these coins follow the models of the Hellenistic world, with the portrait of the ruler on the front of the coin and a local deity on the back. The writing on the coins is in Greek.
"The acquisition of this interesting and uncommon collection will significantly broaden Princeton's resources for the study of both the history and the imagery of the classical world," said Michael Koortbojian, Princeton professor of art and archaeology. "Moreover, this new collection will not only allow students and faculty direct access to primary historical material, but, in the context of Princeton's broader numismatic holdings, it will provide an important body of material for research into the interactions between the various cultures and societies that comprised the ancient and medieval world."
The second group of coins in the Armenian Heritage Collection comprises gold solidi of the Byzantine Empire from the sixth through the 11th century.
"Armenians figured prominently in the government of Byzantium, including in the ranks of its important emperors. The addition of these magnificent gold solidi greatly strengthens our holdings of Byzantine coinage, which has constituted a major focus of acquisition in recent years," Stahl said.
The third component of the collection comprises coins of the medieval kingdom of Cilician Armenia, on the south coast of what is now Turkey. The kingdom, ruled by Roupenid family, had strong ties to its surrounding powers, Byzantine, Islamic and Crusader. These connections are illustrated by a large silver coin in the collection, equivalent to the European groat or the Islamic dirhem. The coin bears on its front an image of the king on horseback in European style, surrounded by a legend in Armenian characters, while on the back it bears writing in Arabic.
"The coins of Cilician Armenia in the new collection complement the Latin Orient Collection of Crusader Coinage that we acquired two years ago, giving us a fuller picture of the interplay of coinages in the medieval eastern Mediterranean," Stahl said.
The Armenian Heritage Collection was acquired by the Princeton University Numismatic Collection with funds from the Friends of Princeton University Library and matching funds provided by the University's Program in Hellenic Studies with the support of the Stanley J. Seeger Hellenic Fund. The Numismatic Collection is part of the Department of Rare Books and Special Collections in Princeton University's Firestone Library.


martes, 2 de marzo de 2010

The Bank of Ghana has decided to introduce a GH¢2 (Two Ghana Cedi) denomination in response to the need for an intermediary banknote between the GH¢1 and GH¢5 banknotes.
This follows a review of the cash cycle conducted by the Bank in 2009, which indicated that there was a lot of pressure on the GH¢1, resulting in the notes circulating too fast and being over-used. The worn-out state of the GH¢1 defeats the Bank’s Clean Note Policy, which seeks to ensure that only good quality banknotes remain in circulation.
The introduction of the new denomination will expand the series of banknotes in circulation, enhance exchangeability and facilitate transactions.
The general public will be informed and educated on the theme, colour, size, security and other features of the new denomination when the design is finalized.