Australia’s Perth Mint on Tuesday presented a gold coin encrusted with rare pink diamonds worth 2.48 million Australian dollars ($1.8 million, €1.65 million) to meet growing demand for high-end collectibles .
The 2-kilogram treasure, which depicts a sailing ship, a gold prospector and boab trees found in Western Australia (WA), is considered legal tender and will be sold to the highest bidder.
It was “released in response to the distinct increase in demand for exclusive luxury items,” said Perth Mint Chief Executive Richard Hayes.
“The coin showcases rare pink stones handset in the most famed of precious metals, telling the inspirational rags-to-riches tales of mining for these prized resources.”
Called “Discovery,” it was modeled after the “Holey Dollar,” one of Australia’s first coins, which fetched 495,000 Australian Dollars in 2013.
France may discontinue smaller denomination coins to build zero cash economy and further move towards a cashless society like Sweden. Belgium,Finland,Ireland and The Netherlands have already scrapped smaller denomination coins.
Reserve Bank Of India to Issue New Design Rupees 100 Notes – Jul 2018
RBI to Issue New Design ₹ 100 Denomination Banknote
The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in
the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor,
Reserve Bank of India. The new denomination has Motif of “RANI KI VAV” on the
reverse, depicting the country’s cultural heritage. The base colour of the note is
Lavender. The note has other designs, geometric patterns aligning with the overall
colour scheme, both at the obverse and reverse. Dimension of the banknote will be
66 mm × 142 mm. ( RBI Notification /Press release 19 Jul 2018).
RANI KI VAV is an intricately built stepwell situated in town of Patan ,Gujarat .It is locatedon the banks of Saraswati river and was built as a memorial to 11th Century King Bhima.Itwas added to list of UNESCO’s World Heritage sites on 22 Jun 2014.It hasbeen built on Maru Gurjara architectural style andbaggedthe “Most Iconic Place” in India at the Indian Sanitation Conference (INDOSAN) held at New Delhi in Oct 2016.
Voyageurs National Park -Minnesota -2018 National Park Quarters Coin Series
The 2018 Series coin series continues with the release of Voyageurs National Park -Minnesota coins on Jun 11 , 2018. This is the 43rd coin of the 56 Coin series.
The Voyageurs National Park -Minnesota was established on Jan 8 ,1971 with 218,054 acres area including 84000 acres of Water .It was established to “preserve the outstanding scenery ,geological conditions and waterway system.” The park features undeveloped shoreline,hundreds of Islands and lakes.The rocky shorelines,southern boreal and hardwood forests and open waters creates an ideal home for bald eagles,loons,black bears ,moose and wolves.
Details of Coin – 1.75mm thick ,5.67 g ,Copper- Nickel Clad Copper coin(8.33% Nickel Balance Copper)
Obverse – Portrait in left profile of George Washington.
Reverse -A common loon with rock cliff in the background.
Mintage Denver Not Known Philadelphia Not Known San Francisco – Not Known.
A three coin set is listed below .It consists of Uncirculated Coin from Denver and Philadelphia Mints and a Proof coin from San Francisco Mint.
THREE COIN SET-VOYAGEURS NATIONAL PARK MINNESOTA -NATIONAL PARKS COIN SERIES 2018
PROOF COIN VOYAGEURS NATIONAL PARK MINNESOTA – NATIONAL PARK QUARTERS 2018