A rare coin worth up to £80,000 ($140,000) was briefly advertised for sale on the internet auction site eBay before its mystery seller removed the ad from the site.
The 1933 one penny coin appeared on eBay this week, with bidding reaching more than £1100 before the owner - known only as Suzane X - removed it from the site.
The Royal Mint did not plan to make any one penny coins...
Full Article: Rare British coin sparks eBay bidding war - then disappears - heraldsun.com.au
There are now so many fake £1 coins in circulation the Royal Mint could be forced to scrap all of the coins and reissue the entire denomination.
Their warning came as new figures indicated there were £41 million fake £1 coins in Britain – one in every 36 in circulation. This is a record level and suggests that the proportion of counterfeit coins had tripled in the last decade. The situation has worsened since last year, when ...
Full Article: Record number of fake £1 coins could force reissue - Telegraph.co.uk
This past week marked the first Coin Galleries auction sale of the year, and it was a resounding success, with over $1.7 million worth of coins, medals, tokens, and paper money sold.
This immense sale featured nearly 4,000 lots and offered selections from the Estate of Louis E. Eliasberg, Jr., as well as items from other important collections such as the Arturo Collection, the Bob Lyall Collection, the Chester L. Krause Collection, the Estate of Cornelius C. Vermeule, the Estate of Michael K. Ringo, the Jerry Byrne, Sr. Collection, the Lawrence Feinberg Collection, the Sleepy Hollow Collection, and the Standish Collection ...
Full Article: April Coin Galleries Sale Reaches Over $1.7 Million! - Stack's
A penny or a pound - which is more valuable? It depends what you see when you look at money, says Simon Schama.
It could be the debate about the economy that's making me think of money lately, or it could be that in my local constituency two of the candidates are called Cash and Buck. I have been remembering when I first grasped the true value of money. I was ...
Full Article: When money is just an illusion - BBC News
Britannia once again majestically adorns a new collection of gold and silver coins released by the British Royal Mint within its 2010 Britannia Silver and Gold Collections.
These coins come in four different sizes including one ounce, one half ounce, one quarter ounce and one tenth ounce — with all of them featuring a new design of Britannia on the reverse as envisioned by artist Suzie Zamit.
Zamit’s work marks the ninth new Britannia design to be seen on the silver proof coins since their debut back in 1997. The Gold Proof Britannias launched a decade earlier in 1987. Zamit studied sculpture at the City & Guilds School in London and currently ...
Full Article: 2010 UK Britannia Coins - CoinNews
Consumers in different areas of the UK have differing levels of cash use, according to the Royal Mint.
Cash use as a proportion of spending is generally higher in northern regions than in areas such as London, said Andrew Mills, of the Mint ... Demand for newly minted UK coins stood at 1.2 billion pieces in 2008-9, with a value of £163m ...
Full Article: Cash use 'depends on geography' - BBC News
The Royal Mint has released its new limited edition £1 London coin in gold and silver, which is part of the new series of four £1 coins representing the UK’s capital cities.
The series has been designed with a contemporary twist by the famous international coin designer Stuart Devlin, Goldsmith and Jeweller to the Queen. In spite of having designed coins for many countries throughout the world, this is the first time he has designed for the UK.
The full £1 UK Cities series, which together commemorate England, Northern Ireland, Scotland and Wales by focusing on the four capital cities, will be unrolled over the next two years. The gold and silver coins to commemorate Belfast will be available from Summer 2010, with the Cardiff and Edinburgh coins due to be launched in ...
Full Article: Royal Mint's New UK Cities Series Begins - CoinNews
Alderney is a tiny island-dependency of the British Crown, that’s just 3 miles long and 1.5 miles wide, with a population of only around 2,400. It is actually closer to France (10 miles) than to Great Britain (60 miles), but has been part of the United Kingdom for nearly 1,000 years.
The first coins of Alderney were issued ...
Full Article: Alderney Issues One of the World’s Largest and Rarest Coins - BigNewsBiz.com
Pobjoy Mint is delighted to announce the release of a new coin to commemorate the 175th Anniversary of Hans Christian Andersen’s first book of fairy tales, launched on behalf of the British Virgin Islands.
The stories of Hans Christian Andersen are some of the most famous fairy tales in the world, including The Ugly Duckling, Thumbelina and The Little Mermaid. His poetry and stories have been translated into more than 150 languages and have inspired ballet, plays and animated films.
Although his stories have an often sombre undertone, he is renowned worldwide and his birthday, 2nd April, is recognised as International Children’s Book Day ...
Full Article: Bi-Color Titanium Coin of Hans Christian Andersen Book - CoinNews