Currency

Australia Mints its Most Valuable Coin -2018

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Australia Mints its Most Valuable Coin -2018

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.

‘Rags-to-riches tale’

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.

aus coin
AUSTRALIA MINTS ITS MOST VALUABLE COIN

France may discontinue smaller denomination Coins

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France may discontinue smaller denomination Coins

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.

Stamps on First Nepalese Currency Notes -2017

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Stamps on First Nepalese Currency Notes -2017

IN 2017 Nepal issued a set of three stamps on First Paper Money/Currency Notes. The First Notes of 5 Maru,  10 Moru and 100 Moru are reprinted on the stamps.

NEPAL FIRST PAPER NOTES ON STAMPS
NEPAL FIRST PAPER NOTES ON STAMPS

Reserve Bank Of India to Issue New Design Rupees 100 Notes – Jul 2018

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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.

THE NEW RS100 NOTES
THE NEW RS100 NOTES
RANI KI VAV STEPWELL
RANI KI VAV STEPWELL ON RS 100 NOTES

 

Voyageurs National Park -Minnesota  -2018 National Park Quarters Coin Series

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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

Sea Shells Post Card Stamps – USA 2017

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Sea Shells Post Card Stamps – USA 2017

USA issued a set of four stamps on sea shells as Postcard rate stamps (Postal value 35 cents) on 28 Jan 2017. The stamps were issued in mixed sheets of 20 stamps each.

The Four shells on stamps are The Alphabet Cone , Zebra Nerite , The Pacific Calico Scallop & The Queen Conch or Pink Conch.

Shells have been used as a piece of Jewelry ,Cooking Utensils, Currency,Lamps and Decorations.

USA DEF SEA SHELLS
SEA SHELLS ON STAMPS -USA 2017