50th Anniversary of Japan’s First Commemorative Coin
Exactly 50 years ago, commemorative coins were issued for the first time in Japan to mark the Tokyo Olympic Games, which were held for 15 days in 1964. These coins attained enormous success and Japan Mint will issue a coin set to mark the anniversary.
Zero Rupee Notes Against Corruption
Since 2007, rupee notes with the nominal value “0” have been in circulation in India. A private organisation started the campaign to draw attention to the problem of corruption. The public is invited to symbolically “pay” corrupt officials with the Zero Rupee Notes.
Modern China – absolutely en vogue
That the first Chinese coins western-style are obtaining phenomenal prices right now has become common knowledge. The recent Künker sale proved the willingness of Chinese collectors to pay incredibly high sums of money for coins that are less than a quarter of a century old.
Lang in Hüttenberg – A specialist for special solutions
You probably know that Lang milling machines are also used for coining die production. What you perhaps didn’t know is that the tires of your car might well have been made from moulds produced by Lang machines, too. Accompany us on our visit to Lang, the specialist for special solutions in terms of coining die production.
Pilgrims blamed for Sri Lanka’s coin shortage
Sri Lanka’s officials give a curious reason for the country’s continuing coin shortage: pilgrims deposit too many coins as gifts in shrines and temples especially abroad. However, people tend also to hoard coins at home instead of taking them to banks.
Sri Lanka’s coin shortage – the blame game
Sri Lanka is suffering from coin shortage and the Central Bank has identified suspected ‘culprits’: people who hoard coins, pilgrims offering coins in shrines. But is that all? And will the new series of commemorative 10-rupee coins really help resolving this crisis? Richard Giedroyc is summarizing the situation.
Will India introduce plastic coins as cost saving measure?
An Indian engineer proposes to save billions of Rupees by substituting coins made by metal with coins made of plastic. He believes the coins would have other advantages too and the Ministry of Finance is currently considering his plans.
European Central Mint exposed as pivot of counterfeiting ring
As media have revealed the Amsterdam-based private company European Central Mint actually was the production centre of a mighty international counterfeiting ring. They minted millions of fake £1 coins. Last November police raided the premises and arrested the company’s owner.
Prototype of new GBP 1 circulation coin for Britain
Starting in 2017, new GBP 1 circulation coins with improved security features using iSIS technology will be introduced in Great Britain in order to reduce counterfeiting. The precise specifications of the new coin will be decided this summer.
Winners of the International Coin Design Competition 2013
Japan Mint has announced the winners of the International Coin Design Competition 2013. The objective of the competition is to encourage creativity and enhance the artistry of coin designs.