Monday, August 27, 2012

Three Rare Coins Sell For Nearly $900k


Three rare Australian coins have fetched almost $900,000 at auction - taking out two records in the process.

Australia's first coin, known as the 'Hannibal Head' Holey Dollar, sold for $410,000, while the first gold coin, an 1852 Adelaide pound, netted $370,000.

Both coins fetched record prices for coins of their type sold at auction, with the pound eclipsing the previous record by $240,000.

The coins went under the hammer in Melbourne on Monday night along with an 1813 Colonial Dumps coin, which had a less impressive result, selling for half the estimated price at $100,000.
Coinworks managing director Belinda Downie said it was an exciting auction result.

'It was a win-win. The vendor's happy. I saw really beautiful quality coins sell for very exciting prices, so, from a Coinworks perspective, and an industry perspective, there are no complaints,' she told AAP.

The top selling Holey Dollar is the only one of its type in private hands, with the only other known example housed in the NSW State Library.

'This one is unique for private buyers,' Ms Downie said.

'The quality of the coin is superior to most. It's got a really gorgeous history.'

The Holey Dollar was created from 40,000 Spanish coins acquired by Governor Lachlan Macquarie to alleviate Australia's coin shortage.

Governor Macquarie enlisted the services of convicted forger William Henshall to cut a hole in the centre of each dollar and later to stamp each with the words New South Wales and a five shilling value.

The rare coin gained notoriety after being found in 1881 as part of a bushranger's hoard and was later owned by the Tasmanian governor, Ms Downie said.

'Right from the onset this particular coin has always enjoyed publicity,' she said.

Saturday, July 21, 2012

2012 Britannia Silver One Ounce Fine Silver Bullion Coin

The Royal Mint is delighted to confirm that the 2012 Britannia Silver Bullion coin, in honor of the Queen's Diamond Jubilee for 2012, will feature Philip Nathan’s original, breathtaking portrait of Britannia on the reverse. This famed design has been chosen for 2012 to celebrate the Queen’s Diamond Jubilee.

Philip Nathan’s design is beautifully complemented by the current portrait of the Queen by Ian Rank-Broadley FRBS on the obverse.

In keeping with tradition that dates back to the late 17th Century, the 2012 £2 Silver Britannia is struck in the Britannia standard of silver 0.958 Ag.

Obverse Design

The obverse of the 2012 Britannia range bears the current portrait of the Queen by Ian Rank-Broadley FRBS.

Reverse Design

The 2012 coin reverse features Philip Nathan’s original, breathtaking portrait of Britannia framed in the crenallated border peculiar to Britannia coins.

Britannia; An Enduring Icon of Britain

The figure of a woman, called Britannia, has long been a symbol of British national pride. She first appeared on British coins in the seventeenth century and has subsequently graced the coinage of every monarch to the present day.

She made her debut on the coins of the Romans and has, from Tudor times, beautifully symbolized an empire based on maritime power. Great and free, she has fascinated artists and sculptors throughout her history and remains a favourite icon for British stamps, medals and coins.

In 1696 the Britannia standard of silver was introduced as part of the recoinage of William III in an attempt to limit the clipping and melting of sterling silver coins, it being reasoned that there would be little incentive to melt sterling silver when a higher standard was used for wrought plate.

By the time the Queen came to the throne in 1952, Britannia had assumed the status of an immortal, having featured on British coinage for almost 300 years. In 1987 she was elevated to the new gold bullion coinage and today appears on the highest value coins of the realm. The silver version was launched during 1997.

Thursday, July 12, 2012

A Rare Chinese Coin: the Fengtien Silver Dollar

Created in 1897 at the instigation of the General Iktangga (依克唐阿), governor of the Fengtien province, the bureau was destined to modernize the provincial coinage. An early set of dies was commissionned from the Anqing (安庆) mint in Anhwei (安徽), and German-made steam-powered machinery were brought from Tianjin.

The early test issues using the An Hui dies were denominated in maces and candareens, and were designed after the Kwantung dollar. With the success of the Peiyang arsenal dollars, subsequent issues were however redesigned and the first emission meant for circulation in 1898 features a reverse bearing the characteristic circular manchu writings in the style of the contemporary Beiyang coins.

The last emission, in 1899, has a very similar design. As far as I know, three dies were used for the 25th year of Guang Xu series. The coin I bought is of the first type, as seen below:

Fengtien dollar - single ring (单圈版) with error in FUNG
Fengtien dollar (obverse)

The first set of die used has a single dotted ring around the denomination on the reverse (单圈版 in Chinese). The reverse has an obvious error in the typography of the province name, with a huge empty space between the F and U of FUNG TIEN. The strike is also noticeably weak from the G to the T.

On the obverse, this die is very different from the subsequent ones. The dragon face is beautiful, with some relief on the sides of the dragon nose and a large, “smiling” mouth. The fireball at the center is ornamented with a wide, incomplete spiral probably resulting from a weak strike.

The second strike features a new dragon design; the reverse issues were also partially fixed:

 Fengtien dollar - single ring (单圈版)

The province name on the reverse is now correctly typographied, but the strike is still weak on the area from the G to the T. The new dragon design is very different from the previous issue, with a flatter face and a thinner mouth. The spiral on the fireball is complete this time, running all the way to the center.

Fengtien Dollar - double circle (双圈版)
Fengtien Dollar - double circle (双圈版)

The last emission tries again to correct the problems of the reverse, keeping the new dragon design.

As seen here, the G and T are indeed slightly stronger, but the end of “TIEN” is weaker, while it was crisp in the previous strikes… It seems that like the Kiangnan mint, the early Shenyang mint had troubles with the die adjustement and thus produced weakly struck coins.

A solid circle was added around the denomination, inside the inner dotted circle.
This strike is known as the “Linear circle within dotted circle” die, or 双圈版 in Chinese.



Fengtien dollar - linear circle within dotted circle (双圈版)

After this third strike, the mint machinery was seized by the tsarist Russian army and the Shenyang machine bureau was burned down… The province of Fengtien (nowadays Liao Ning) was indeed going through dark times. Already the theater of the first Sino-Japanese war in 1895, it was then the scene of the conflict between the Russians controlling the leased territory of Liao Tung, and the Japanese army, leading to the Russo-Japanese war. The mint at the Shenyang machine bureau was briefly brought back online in 1903 after years of reconstruction slowed down by the Boxer rebellion.

Eventually, the province fell under Japanese control, later becoming part of the Manchukuo puppet state. The Japanese army and investors continued to develop heavy industries in the region, furthering the move toward automatization that had begun in 1897 with the creation of the Fengtien machine bureau.

Monday, May 21, 2012

2012 Fiji Apocalypse Sterling Silver Coin $10 Legal Tender


The Maya Calendar is the best known of all prophecies. It describes exactly the days of our present fourth period, from 11 August 3114 BC to 21 December 2012′s. The 21st December 2012 after the Mayan Long Count Calendar is the end of human civilization.

On December 21, 2012 happens the so-called “galactic alignment”, where the sun, the moon and all the other planets in our solar system are located perfectly on a line with respect to the center of our galaxy. This  event is held only every 26,000 years and is very unique.

What physical and energetic effects it will have on the earth, is still enigmatic. Many consider 2012 as the beginning of a “New Consciousness”, the beginning of a new, more conscious of this age to the present transition period of dramatic transformations.

Country: Fiji
Issuing year: 2012
Face Value: 10 Dollar
Metal: Ag.925, Silver
Diameter: 54 x 32mm
Weight: 20 grams
Condition: Satined
Special: 5C printed glass inlay
Mintage: 1,000 coins


Only 1000 minted....great looking coin

Sunday, May 6, 2012

Republic of Belarus 'Zodiac Signs' Silver Coin Series 925 Legal Tender Numismatics

A silver collector coin issued by the National Bank of the Republic of Belarus in the 'Zodiac Signs' series presenting the image of Pisces. A unique coin produced using the oxidation technology and characterized by oriental stylization. As all coins from this series, the coin has been decorated with colorful zircons.
Obverse:

In the central part images of the Sun and the Moon. Below the graphic symbol of Pisces and the name of the Zodiac sign in Latin and Russian. Around the Sun and the Moon 12 graphic symbols illustrating each of the Zodiac signs. Above the symbols the name of the series issuer – Республика Беларусь (Republic of Belarus), the emblem of Belarus, the mintage year, the assay of silver (Ag 925) and the coin face value (20 Roubles). 
Reverse:

In the central part of the coin the image of Pisces surrounded by a circular, geometric ornament, reserved only for this coin, which gives the impression of three-dimensionality.
There are two ruling planets for Pisces – Neptune, the planet of illusion and intuition and Jupiter, the planet of expansion and idealism. People born under this sign are creative, sensitive, gentle and understanding. 
In relationships they are delicate, devoted and protective, which makes them excellent partners. Their lives often become chaotic. They are prone to criticism and mood swings and tend to isolate themselves. When they are under a strong influence of Neptune, they escape into illusions and different types of addictions.
Mintage: up to 25 000 pcs
Issuer: National Bank of the Republic of Belarus
Quality: uncirculated
Decoration: zircons

Republic of Belarus 'Zodiac Signs' Silver Coin Series 925 Legal Tender Numismatics

Monday, February 6, 2012

Silver Chinese Dragon Coin Hu-Peh Province


The authentic Chinese Dragon coin listed on this page has been made during the Qing Dynasty which was present in China from the year 1644 until 1911. This dragon coin, or dragon dollar as some call it also, has been struck somewhere between 1909 - 1911 in the Hubei Province which is situated in the center of China. The Hubei province is surrounded by Henan province to the north, Jiangxi and Hunan province to the south, Anhui province to the east, Sichuan province to the west and Shaanxi province to the northwest.

Some Silver Chinese Dragon Coin facts.

  • Mintage: Circulation strikes: 2,703,000.
  • Composition: Silver .7814 Oz.
  • Weight: 7 Mace and 2 Candareen.
  • Mintmark: Hu-Peh Province.

Here below are the images from an authentic Chinese silver dragon coin and a cheap counterfeit dragon coin, both from the Hu-Peh province in China.

Authentic Silver Dragon Dollar Counterfeit Chinese Dragon Dollar
(7 Mace and 2 Candareen) (7 Mace and 2 Candareen)
Obverse Side Obverse Side

Chinese silver dragon dollar counterfeit chinese dragon dollar

When comparing both Chinese dragon coins the following differences are easy to see on the counterfeit coin and not on the authentic silver dragon coin.
  • The numbers are not identical, see the number 2 who is bigger.
  • The letters are not the same and more fat than on the authentic coin.
  • The dragon has far less details, and some are even missing (center).
  • The letter and numbers are more to the edge of the dragon coin.

Authentic Chinese Dragon Coin

Counterfeit Chinese Dragon Coin

Reverse Side

Reverse Side


silver dragon coin - hu-peh province china

counterfeit dragon coin


The reverse side of the counterfeit dragon dollar shows another Chinese text, but as there are many dragon coins with different signs on it, this is not the right way to identify these coins as a counterfeit Chinese dragon dollar. What is clear to see when comparing these two pictures is the thickness of the Chinese letters on the counterfeit that does not match the authentic silver dragon coin.

Silver Chinese Dragon Coin - Hu-Peh Province

Saturday, February 4, 2012

Straits Settlements 1896 Ten Cents - Queen Victoria UNCIRCULATED with Lustre


This Straits Settlements 1896 Ten Cents featuring Queen Victoria is an UNCIRCULATED specimen with Pearl Tone and Lustre and full detail.

Estimated Price: $120 US$

Straits Settlements 1896 Ten Cents - Queen Victoria UNCIRCULATED with Lustre