Australia Mints its Most Valuable Coin -2018

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

Google Doodle remembers Oskar Schlemmer on his 130th Birthday

Google Doodle remembers Oskar Schlemmer (1888-1943)on his 130th Birthday .He was a German Painter,Sculptor, Designer & Choreographer associated with Bauhas School.

Germany issued two stamps on his Paintings on 15 Apr 1975.

24th World Olympic Collectors’ Fair – Los Angeles from 6 to 8 Sep 2018.

24th World Olympic Collectors’ Fair – Los Angeles from 6 to 8 Sep 2018.

The 24th World Olympic Collectors’ Fair will be held in  Los Angeles & City of Long Beach from 6 to 8 Sep 2018. This annual gathering of Olympic Coin,Stamps ,Pin and Memorabilia is likely to attract 125 Participants from 25 Countries and around 7000+ visitors.

Independent India’s First Olympics Hockey Gold -12 Aug 1948

Independent India’s First Olympics Hockey Gold -12 Aug 1948

It was on 12 Aug 1948 that Independent India won its First Olympics Hockey Gold at London 1948 Olympics by defeating Great Britain 4-0 in the the Final.

Today we celebrate 70 Years of that memorable feat.

HOCKEY GOLD
INDEPENDENT INDIA’S FIRST OLYMPICS HOCKEY GOLD -1948

France may discontinue smaller denomination Coins

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.