Coin news 2011 04

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COIN

COIN NEWS April 2011

Where

money

B A N K N O T E

talks

N E W S

NEWS

I N C O R P O R A T I N G

APRIL 2011 £3.65 INTERVIEW WITH THE CEO OF RAM • ENGLISH CIVIL WAR HOARDS • BRITAIN’S FIFTY PENCE PIECE

Extra special Gold worthy of a King’s speech

IN THIS ISSUE

Vol. 48 No. 04

BANK OF SCOTLAND The Sir Walter Scott series 1970–94

MUST BE A HOARD A lucky find while walking the dog!

What’s it worth? This month we focus on halfpennies and Belfast Banking Co. & First Trust Bank

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PUBLISHING FOR COLLECTORS SINCE 1983

Incorporating BANKNOTE NEWS

COIN

NEWS

d ouatasatbroicuhtt FinM the oney Fair M 68 for details—

—see page

ISSN 0958-1391

April 2011 Volume 48 No. 04 Formerly Coin & Medal News incorporating Coins & Medals, Irish Numismatics, and Banknote News Published monthly by Token Publishing Ltd.

Available at your Newsagent, or by Annual Subscription Within UK £34.00 for 12 issues Europe and World surface mail £42.00 World airmail £52.00 Please note that Editorial, orders, subscriptions and general enquiries can ALL be contacted at the following address: Orchard House, Duchy Road, Heathpark, Honiton, Devon EX14 1YD Orders, subscriptions, etc.: Telephone: 01404 44166 Advertising enquiries: Telephone: 01404 44167 General enquiries: Telephone: 01404 46972 Fax: 01404 44788 E-mail: info@tokenpublishing.com Website: www.tokenpublishing.com Managing Editor John W. Mussell, FRGS Member, British Numismatic Society, Numismatic Literary Guild, American Numismatic Association, International Banknote Society, etc. Advertising Director Carol Hartman Marketing Director Philip Mussell, BA DipM MCIM MIDM Deputy Editor Janet Webber, BA Hons Art Editor Lisa Camm-Keyte Advertising Manager Celia Dunsford Advertising Production Controller Klara Bodfish Book Publishing Coordinator Fiona Pyle Sales and Subscription Coordinator Alyson Thomas Executive Assistant Janis Thatcher Production Assistant Abbey Becow Accounts Controller Jackie Taylor Editorial Consultant John Pearson Andrew Printed in England by Buxton Press for Smith-Marriott Ltd, Exeter Distributed to the Newstrade by Comag Specialist, Tavistock Works, Tavistock Road, West Drayton, Middlesex, UB7 7QX

discoveries 30 ItNew must be a hoard

How walking the dog led to an exciting discovery

Insight 33 Watchet

The tale of Saxons, Vikings and a Somerset town

In this issue

Watchet 33 Tokens 53 Number 43 King Street

The story of the first hotel in London and its tokens

Banknote feature 71 The Bank of Scotland

Spotlight on the Sir Walter Scott series 1970–94

Spotlight Papermoney 36 Britain’s 74 Australian first fifty pence piece zero banknotes The heptagonal star of decimal coinage

Background 38 Some English Civil War coin hoards Digging into history

Interview 42 Raring to go . . .

An interesting chat with the new man at the Royal Australian Mint

Detector’s notebook 45 Coins from an old market track Searching the highways of the past

Out and about 49 Israeli coins

Numismatic history of a fascinating country

Back to basics 51 Doing it by numbers

Taking a look at banknote serial numbers

Front cover: George VI Matt Proof gold set for auction at Baldwins May 2011.

The “Governor’s Charity Sheets” examined

REGULARS Editor’s Comment...............................................2 Coin news & views .......................................... 10 View of the Bay ................................................. 18 Around the World ............................................ 20 New issues coin update ................................ 22 Royal Mint Bulletin .......................................... 24 Market Scene .................................................... 27 Bookshelf ............................................................ 56 Price Guide to HALFPENNIES ......................... 59 Coin of the Month ........................................... 63 Coin Classroom ................................................ 64 Banknote News ................................................ 67 FAIR FEATURE—Maastricht .......................... 68 Price Guide to BELFAST BANKING CO & FIRST TRUST BANK..................................................................... 76 New issues banknote update...................... 80 Coin Clinic .......................................................... 82 Dealers Lists....................................................... 85 Fair diary ............................................................. 86 Auction diary..................................................... 86 Societies diary................................................... 88 Semi-display adverts ...................................... 89 The Web Page ................................................... 91 Classified advertising ..................................... 93 Subscription form ........................................... 96

ADVERTISERS INDEX— SEE PAGE 95

COIN NEWS is © 2011 Token Publishing. All rights reserved. Reproduction in whole or in part without written permission is expressly prohibited. The views expressed by advertiser and contributors in COIN NEWS are not necessarily the opinions of the publishers. Whilst every effort has been made to ensure accuracy, neither Token Publishing nor its contributors can accept liability for errors or omissions.

Printed by the “Environmental Printer of the Year” For every magazine published, we plant a tree . . .

Coin news

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Strap comment Editor’s

Designed to matter T

HE Royal Mint has announced that there will indeed be a “Royal Wedding” £5 crown to celebrate the marriage of Prince William and Kate (sorry Catherine) Middleton on April 29. It was perhaps inevitable that such a crown would be minted, after all the Prince’s parents had their own crown struck in 1981 and both the silver and golden weddings of his grand-parents have been celebrated numismatically too. What was also inevitable was the amount of criticism levelled at both the decision to strike a coin and the design. Whether it is right to strike such a coin in the first place is very much a matter of personal preference and there is little point in joining that debate here, however the debate about the design is very much within the remit of this magazine. Personally I like the simple design of the happy couple facing each other, apart that is, from one thing, Miss Middleton’s teeth! I have never yet seen a coin that properly predicts somebody smiling with their teeth. I always think it makes them look something like a vampire about to go in for a bite. You will note that no obverse bust yet has a toothy grin and very few of the commemoratives ever feature anything other than a closed mouth. There is a reason for this—a smile is a temporary thing, a flash of happiness that should always be mere seconds in length, any longer and it becomes a fixed, maniacal grin, the grin of the evil or the insane and to render it in metal for all eternity is to fix it and lose its warmth and genuineness. That and the fact that numismatic designers can’t seem to do teeth. . . . Of course this is just one aspect of a design that otherwise is quite charming, although you wouldn’t know it to read the press. As ever, various sections of the media have decided they don’t like the coin and have been happy to say so, but I wonder why? They do this every time a new coin is launched: there was criticism of the new Matthew Dent Series, of the £2 coin, of the 20p of the £1 and there will be criticism of every new coin from her to eternity—it’s what these people do. But why does it matter so much? Why in fact does numismatic design matter at all? A coin, after all, is merely a token these days: it represents a unit of currency and ultimately serves one real purpose—to be exchanged for goods or services. It no longer has to have an intrinsic value (I’m talking about circulating coins here of course, not bullion) and doesn’t really have to do anything apart from tell its owner and the person with whom they are negotiating what its value is and whether or not it is legal tender in that country. Coins could, ultimately, simply denote their denomination and country of origin, they don’t have to look pretty or have intricate designs on them, they do, I suppose have to be different shapes and colours to help differentiate between them but they certainly don’t have to commemorate anything or represent anything. And yet they do, and we care that they do. But why? Don’t get me wrong I’m very pleased that our coinage is not utilitarian, that some thought has gone into the design, that coins are issued to celebrate and commemorate and that the press devotes large amounts of its time talking about how important a design is, or how well/badly a subject has been rendered. I’m also very glad that the public take enough trouble to care what is on their coins and some of them even care enough to start becoming collectors, I know they do because I’m one of them but I’m still puzzled as to why we care that much. As mentioned a coin is really just a token to be used for purchasing and yet across the country, indeed across the globe, what goes onto coins (and notes come to that) is hugely important to a lot of people. Is it perhaps an extension of national pride, national identity, a need to be proud of our money because it represents who we are as a nation? (Look at the furore surrounding the need to have national designs on the Euro coins rather than “standard” ones and the apathy with which the designs of the Euro notes was met). Is it because having designed coins it is just something we’ve always done and, having got used to it we simply carry on? Or is it because we actually like to surround ourselves with things that are aesthetically pleasing and actually want something attractive to use every day rather than something simply utilitarian? I am sure anthropologists, psychologists and sociologists would have a field day trying to work out why we like beautiful coins why we care so much about what is featured on the pound in our pocket and I shall leave such ponderings to them, all I shall say is that I am glad the Royal Mint takes time to come up with new designs on a regular basis and I am glad that the press and public care enough JOHN W. MUSSELL to criticise those designs (justified criticism or not). We would all, I think, be far worse Group Managing Editor off if no-one cared at all.

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News & views Set worthy of a King’s speech

A

N extremely rare set of coins dated 1937 are to be offered at A. H. Baldwin’s May auction. The coins are struck in gold with a matt proof finish and comprise the £5, £2, sovereign and half sovereign which were struck for experimental photographic purposes at the Royal Mint when it was situated at Tower Hill, London. Each coin depicts the well-known bare-headed portrait of George VI on the obverse with Pistrucci’s St George and Dragon on the reverse. Only two complete sets of the matt proof finish coins are known to be in private hands and neither has been offered at a UK auction for decades—this set having last been sold by Glendining’s in 1966. With a pre-sale estimate of around £100,000, which reflects its position as probably the rarest numismatic item from the reign of George VI, Steve Hill of Baldwin’s commented that “. . . its significance to numismatists in the history of our Nation’s coinage is immeasurable”. The set is housed in an original custom-made Royal Mint case with each coin neatly nestled on a black velvet roundel.

Hong Kong highlights

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OIN Auction No. 50 on April 7, held by Baldwins and Ma Tak Wo Numismatic Co Ltd in conjunction with the Hong Kong International Coin Convention, will be offering many exceptional lots of Far Eastern and world coins, medals and banknotes—providing an extravaganza of numismatic delights for all those attending. Held at the Crystal Room, Level B3, Holiday Inn Golden Mile, Kowloon, included among the notable highlights of the sale is one rather “lucky” lot—the China People’s Republic proof 2,000 yuan 1 kilogram coin in gold marking the Year of the Rabbit 1999 (pictured left). Only 15 pieces were minted, making this somewhat of a modern rarity. With a most auspicious number too, certificate no. 8, and in the original case of issue this brilliant mint state coin carries a chunky estimate of US$200,000–240,000. Another important lot is the classic rarity missing from all the major Chinese collections sold in recent years—the Hupeh Province silver “Ben Shen” 20 cents, Chinese date 1895 (pictured left), which is attractively toned extremely fine, very scarce and estimated at US$40,000–50,000. The auction contains far too many rare and interesting items to mention here, suffice to say full details are available from A. H. Baldwin & Sons Ltd, 11 Adelphi Terrace, London WC2N 6BJ (telephone: 020 7930 9808, www.baldwin.co.uk). www.baldwin.co.uk

US National Collection benefit

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ERITAGE, the giant US auction house, are to hold a sale in January 2012 entirely for the benefit of the US National Coin Collection. Already a rare 1895 Morgan dollar in tip top condition and worth over $100,000 has been donated and it is hoped that the sale will attract enough donations to enable a $1 million endowment fund to be set up on behalf of the Collection which is held at the famous Smithsonian National Museum of American History in Washington, DC. Heritage have pledged to waiver all buyer’s and seller’s fees for the sale so that 100 per cent of the money raised will be donated to the fund. For more information go to www.HA.com/GiveCoins.

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Coin news

New euro for Ireland

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HE latest coin in Ireland’s on-going Europa series is a 10 euro depicting St Brendan and his monks in a curragh or wooden framed boat. The coin was designed by Michael Guilfoyle who was the subject of our “Interview” in July 2010. Michael’s design was chosen from a number submitted in an open competition organised by the Central Bank. Co-incidentally Michael was involved with the design for the Irish 20p coin issued in 1986 when he was employed at the Royal Mint.

Not just notes!

R

EGULAR readers will have noticed of late that Goulborn Collection Ltd, widely known for their banknote lists, are now offering a wide range of coins and medallions. Proprietor, Bruce Goulborn, is working hard to meet the needs of his growing list of customers more and more of whom are looking for good quality coins and medallions. For the latest copy of Bruce’s list simply write to Goulborn Collection Ltd, PO Box 122, Rhyl LL18 3XR (tel: 01745 33812).

Counterfeit alert

I

N the on-going war against counterfeiters the Royal Canadian Mounted Police have launched a new website alerting the public to the increasing problem of copy coins emanating from China. Many of the items being produced are so good that even the experts can be fooled, so this website is a welcome addition to the armament which will hopefully help bring this nefarious trade to an end. Unfortunately at the moment in China it is not an offence to copy old coins from other countries and they are openly sold over the internet. To visit the website go to www.counterfeitcoins.bc.rcmp.ca.

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April 2011

News & views

Dealers and collectors had a smile on their faces at the Dublin Coin Fair. Mark Rasmussen and his partner Penny (above left) formed part of the UK contingent. Balloons bedecked the NS Society of Dublin who were celebrating their 50th anniversary and the ladies of the Token Team received a welcome hug from Dublin based dealer Declan O’Kelly!

Q

UEUES formed early for entrance into the The Irish International Coin Fair held on February, 19–20 at the RDS, Dublin and luckily it wasn’t raining! The two-day event brought together the top Irish and International dealers in banknotes, medals, tokens and coins with a number of leading auction houses also in attendance. Over 2,000 people attended ensuring the Central Bank of Ireland selling out of all their stocks of the newly issued ₏10 St Brendan proof coin. There was a notable increase attendance from overseas visitors and brisk business was enjoyed by all even on the Sunday afternoon when traditionally the fair would be very quiet. The newly refurbished venue was bright and warm further enhancing the appeal of this buzzing show. The Numismatic Society of Ireland celebrated their Golden Jubilee with award winning displays for the enjoyment of visitors and queues formed for free valuations being supervised by Dublin Coin Auctions. Next show from Michael Kelly will be the Spring Stamp & Coin Fair on Sunday, April 17 at the RDS, Dublin. For further details of this and Michael’s forthcoming auction telephone: 00353 86 8714 880.

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News Strap & views A bit smelly

A

RECENT issue from the Cook Islands is the latest coin to embrace new “scratch and sniff” technology. The $5 coin portrays a cuddly koala bear surrounded by a eucalyptus or gum tree in full colour. By rubbing the green of the leaves a delicate perfume reminiscent of eucalyptus is released! With a small issue of just 2,500 this is sure to be a quick sell-out, as was the popular issue from Benin last year which smelled remarkably like cannabis . . .

Royal coinage causes stir

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OLLOWING the issue of the various coins for the Royal Engagement there was great debate in the press and on-line about the rather unflattering designs used by some issuing authorities. Although a Royal Mint spokesman insists that the design for the first “portrait” design, from Alderney, had been through a “rigorous approval process” which included a viewing by Her Majesty the Queen, Ingrid Seward, Editor of Majesty magazine is quoted as saying “ . . . how they got it so wrong is hard to fathom”. Nevertheless, the new £5 coin being produced to celebrate the Royal Wedding is also creating a great deal of controversy and only time will tell whether or not it is a winner.

Roman hoard at auction

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HOARD of 206 Roman denarii dating from the 2nd century BC to the 1st century AD and including issues from Julius Caesar, Pompey the Great, Mark Antony, Augustus, Caligula, Claudius and Nero, is to be auctioned. The coins, known as the North Suffolk Hoard were discovered by metal detectorists Norman Howard and John Halles and were reported to the local museum. An inquest declared the find to be Treasure and the British Museum acquired nine of the coins for the National Collection. The remaining 197 coins are to be sold on behalf of the finders and the landowner by auctioneers Morton & Eden at Sotheby’s on June 9.

Unique stater

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UNIQUE gold stater minted 2,000 years ago by a previously unknown British king named Anarevitos will be auctioned in Aylsham, Norfolk, by Elizabeth Cottam of Chris Rudd on May 9. Liz confidently expects the coin, which was discovered near Dover in September last year, to realise over £10,000. Anarevitos, whose name may mean “unforeknown”, probably ruled in Cantion (modern Kent) some time around AD 10–15. The letters EPPI on the obverse of the coin refer to Eppillus who was probably the father of Anarevitos.

PAUL DAVIES – WE STILL NEED TO BUY – WORLD GOLD COINS MODERN BRITISH GOLD AND SILVER PROOF COINS WORLD GOLD AND SILVER PROOF SETS PLEASE CONTACT US IF YOU HAVE ANYTHING TO SELL

PAUL DAVIES

PO BOX 17, ILKLEY, WEST YORKSHIRE LS29 8TZ, ENGLAND PHONE: 01943 603116 OUR FAX NUMBER IS: 01943 816326

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News Strap & views Counterfeiting in Cornwall

Golden Eagles soar

C

I

T’S been a busy start to the year for Heritage Auctions with sales achieving eyewatering results. At Tampa, Florida (FUN show) $2.185 million was paid for the Frank A. Leach Specimen of the 1907 Rolled Edge eagle (Satin PR 67 NGC), from The Colonel George M. Monroe Collection. The coin, which has been in the family of the former Mint Director’s second wife, sold to rapturous applause in the packed auction room. While the 1907 Rolled Edge eagle created the most buzz at the auction, many other pieces of rare gold also achieved dozens of bids and sold for millions of dollars. A further notable result was the $690,000 ďŹ nal price realised for a 1909-O half eagle (MS66 PCGS), part of The Jim O’Neal Collection of $5 Indians. For more information about Heritage Auctions, and to join and gain access to a complete record of prices realised, view fullcolour images of each lot, simply log onto www.HA.com.

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ONTRIBUTING author, John Sly, has turned up some interesting numismatic stories while assisting a friend in researching their family tree. In the West Briton and Cornwall Advertiser dated Friday March 31, 1854 the following account appeared COIN—Robert ““COUNTERFEIT READ, (32?), and Mary READ, 35, were indicted for uttering counterfeit coin at St. Austell. They had passed a bad orin and a bad half-crown at Mrs. PARSON’S shop at St. Austell, in payment for a few eggs, making their purchases at different times. A large deposit of counterfeit coins was also found by Mr. NASH, police inspector, at their lodging at Truro. Verdict, Guilty. Robert Reed was sentenced to Two Years Imprisonment with hard Labour, and Mary Reed to Nine Labour.â€? (Both Reed and Months’ Hard Labour Read spellings used.) A further article also detailed “WILLIAM LAWTON, 26—was charged with uttering counterfeit shillings at Andrew’s beer-shop, in St. Blazey, on the 6th of March, of which he was found Guilty. He had also offered a bad shilling at John PRYOR’s shop in the same place. Sentence, Three Months’ Hard Labour.â€? It seems it was all go in Cornwall in 1854!

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Coin news

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News Strap & views SOCIETIES

• At the April meeting of the British Numismatic Society, Megan Gooch will be delivering a paper on “Vikings and Churchmen: coinage in 10th century York”. York, of course, was the place of compromises and collaborations between kings, councillors and archbishops and the paper will explore the numismatic evidence and historical sources to understand how they worked together to maintain an independent kingdom. The meeting will be held at the Warburg Institute at 6pm on April 28. • Dave Allen, Secretary of the Bedfordshire Numismatic Society, informs us that the Society has re-scheduled its monthly meetings to take place on the second Thursday of each month instead of the third Tuesday. Prospective new members are always welcome at the meetings. For more information telephone 01234 870645. • On February 25, following a last minute change of programme, the Essex Numismatic Society heard Bob Thomas speak on Theodore Veale, VC. Bob covered Theodore’s life before and after World War I and included details of the action which led to his award. Bob also gave brief details of five other Somme VC winners who joined Theodore for the 50th anniversary of the battle in July 1966 and explained the link with his own family: Theodore is a first cousin once removed. The Society’s April meeting will be in the Chelmsford Museum at 7.30pm on Friday, April 15 when the AGM will be followed by the Annual Exhibition for the HVH Everitt Trophy and voting for the Article of the Year award cup. Visitors are always welcome at meetings, for further details visit the website www.essexcoins.org.uk or call Bob Thomas on 01277 656627.

IN BRIEF

Correspondent David Addey advises that there has been a change to the mintmark on the Euro coinage of Finland: the cornucopia has been replaced by a small rampant lion in a circle. The United Future World Currency launched its first “eco-coin” at the Berlin World Money Fair in January by presenting examples to the fair’s founding Life President Albert Beck and current President Hans-Henning Göhrum. One of his last acts before leaving office in January, US Mint Director Edmund Moy presented the “Director’s Coin for Excellence” to a select number of people including David Harper, one of Krause Publications longestserving editors. We understand that the planned issue of the much talked-about new 5p and 10p coins has been postponed again. The Royal Mint have put the new coins on hold until agreement can be reached with the vending machine industry to accept the slightly enlarged coins.

ON T H LIG

SPOT THE ESSEX NUMISMATIC SOCIETY

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HE Essex Numismatic Society was formed in February 1966 when a widespread interest in coins was generated owing to the planned introduction of the decimal coinage system in 1971. The aim has always been to promote an interest in all forms of numismatics including coins, medals, medallions, tokens, banknotes, etc. The membership, which includes ladies and several metal detector enthusiasts, covers all age groups from teenagers to senior citizens and includes expertise on a wide range of topics where advice and guidance is regularly sought and freely given. Visitors, for whom no charge is made, are always welcome as are new members. The annual subscription is a modest £10. Major milestones in the Society’s history include the running of national congresses on behalf of the British Association of Numismatic Societies (BANS) at Clacton in 1972 and at Chelmsford in 1987. It is planned to run another congress in the Chelmsford area in 2016, the Societuy’s 50th anniversary year. The Society normally meets in the Chelmsford Museum on the fourth Friday of every month except December where the aim is to cover a wide range of numismatic topics. There is usually a speaker often accompanied by slideshows and displays of the material covered. Several members of the Society are also prepared to speak on numismatic related topics to other groups including local history societies and metal detecting clubs. Over the years, considerable help has been given to the museum in both the acquisition of new material and the display of items from its collections of coins and tokens. There are several displays of coins and tokens on the first floor and coins also feature in several of the historical displays throughout the museum. The Society produces its own magazine entitled Caesaromagus, the Roman name for Chelmsford, and has recently published edition number 109. Further information can be obtained from Bob Thomas on 01277 656627 or from the society’s website: www.essexcoins.org.uk.

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Coin news

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April 2011

Coin News

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A VIEW OF THE BAY

Here we take a look at some of the numerous numismatic items offered over the auction website eBay. This is just a small selection which have caught our eye. Read on and see if you agree with our reviewer (comments in italics) . . . Unless stated otherwise the descriptions are as the eBay listing written by the seller. Superb 1643 Charles I Oxford Sixpence. Obv. Bust facing left, Aberystwyth die, mm Book. Rev. Three Oxford plumes with declaration in three lines. Dated 1643. Spink 2980A. VF to EF condition. (ExLloyd Bennett coin) Flan and Legend near perfect. Great detail. Beautiful.—£1,220. This coin was started at £599 and a high starting price normally deters bidders but not this time as six bidders placed 11 bids. Three bids were placed in the last 19 seconds pushing up the price by £200 which no doubt greatly pleased the seller. Rare and beautiful King Edward VII 1902 matt proof specimen 11 coin set Spink ps10—£1,600. All coins struck using specialist dies for a superb matt proof finish. 11 coins in total all including full sovereign, half sovereign, crown, half crown, florin, sixpence, shilling and Maundy set. A stunning original set—all FDC housed within original velvet lined cased. £1,817. As this set is valued at £2,500 in Coin Yearbook (CYB) this was a good buy as long as the grading was accurate. The 99p start attracted a massive 27 bids from just 11 bidders, no bids were placed in the last few seconds which is unusual, even more unusual is the fact that no bids were placed in the last 22 days of the auction. Charles I copper counter? By Rawlins. Dated 1643, on the obverse it has Carolus D.G. ANG SCO FR ET REX and small R below the bust. On the reverse it has IN VIRVM QVE PARATVS 1643. Diameter

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Coin News

29mm. It does have a small dent on the edge otherwise it is in very good condition as shown.—£27.88. This was an attractive item which was started at £15 attracting four bids from three bidders, it does not seem expensive. A genuine white £5 note signed L. K. O’Brien dated October 26, 1955. B 15 A 035838. Has no pinholes, no graffiti, no tears. It is good extremely fine (couple of very light bends) no creases.—£86.55. This note attracted a healthy 15 bids from eight bidders with the winner bidding with just five seconds of the auction left. As this note is valued in Banknote Yearbook (BYB) at £130 in EF and £220 in uncirculated it looks like a bargain. Unfortunately for the buyer when the seller bought it off eBay a month previously it was described as, “this note is about nEF condition, note has three folds”. The good news is that the seller of this pressed note only made a profit of £3.88 before eBay fees are accounted for, so they probably made a loss. A superb National Bank of Scotland £5 note dated January 3, 1944 B860-200. It is in really good extremely fine clean crisp condition, no pinholes, no writing, no marks, very scarce in this condition now.—£228. This note was started at 99p and it attracted 20 bids from 13 bidders, the winning bid was placed with one second of the auction left. Normally buying a gEF note for £228, which is valued in BYB at £260 in EF condition,

would be cause for celebration—but not in this case. When the seller bought it off eBay a few weeks previously for £77 it was listed by a professional dealer as being in “fine+” condition. A tidy profit for the seller and hopefully the dealer will add him to their “blocked bidders” list to prevent a repetition. This is a genuine 1922 George V florin with good sized broadstrike.—£64.51. This unusual error coin was struck about 15 per cent off-centre and attracted just seven bids from five bidders. They were however keen to acquire it and the seller must be pleased with the result. Stunning William II Penny 1090–93 Extremely Rare. Originally purchased in the 1970s and comes with original packet where coin was described as VF for issue but write up is missing—a lovely William II Penny.—£1,120. It’s unusual for a UK coin that’s not gold to sell on eBay for more than £1,000 but this little silver coin attracted an impressive 32 bids from 13 bidders, it was started at 99p. Russia silver rouble dated 1883 Coronation commemorative in good grade but has some light scratches on both sides.—£171.85. This was a good result for the seller who bought it for a hammer price of £105 at a provincial auction where it was mis-described as a medallion. The start at £1 did the trick attracting 31 bids from 13 bidders. It was in better grade than many others previously sold on eBay.

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April 2011

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Around Strap the world

FIRST RUGBY WORLD CUP 2011 DR KERRY RODGERS recalls why he prefers the round ball code . . . The Webb Ellis Cup features on the first commemorative dollar struck to mark the upcoming Rugby World Cup to be held in New Zealand this year. Image courtesy New Zealand Post.

coins launched I

N September 20 international Rugby Union teams will gather in New Zealand to participate in one of the world’s largest four yearly international sporting events: the Rugby World Cup (RWC). To mark the event New Zealand began issuing a series of commemorative silver dollars in the latter half of last year. The RWC is something of an embarrassment for New Zealand. Their All Blacks may be one of the better known international sporting teams. Between cup years it may regularly top the international Rugby rankings. However, it proves singularly inept at winning the RWC itself—apart from the inaugural 1987 event when South Africa was banned from taking part. One year out dollar Win or lose, the first coin was launched on September 9 last by New Zealand Prime Minister John Key. The commemorative, “One Year Out” dollar looked forward to the commencement of the RWC on September 9, 2011. The reverse of the 40mm, 2011-dated, 1oz .999 fine silver dollar shows the cup, the Webb Ellis trophy, selectively gilded in .999 fine gold. In the background are stylized versions of Mangopare, the hammerhead shark, and Koru, a fern frond; a design created for the RWC 2011 tournament. The initial mintage of 3,000 were sold as individually numbered coins with #2011 being auctioned. The Prime Minister was presented with coin #0001. The final mintage will total 15,000. The cupro-nickel version of the Silver Fern/All Black coin is issued as part of an All Black PNC, complete with All Black stamps. Image courtesy New Zealand Post.

The world’s first dominantly black silver dollar struck to salute New Zealand’s international Rugby team, the All Blacks. Image courtesy New Zealand Post.

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Coin news

New Zealand’s Prime Minister John Key launches the new coin and the RWC campaign “One Year Out” on September 9, 2010 at the Wellington Stadium. Image © Dave Lintott/Photosport/NZ Post.

William Webb Ellis after who the cup is named was the pupil at Rugby School, Warwickshire, who one day allegedly, “first took the ball in his arms and ran with it,” thereby originating Rugby Football. It is important to appreciate that Ellis was not playing the Beautiful Game at the time and the story is likely apocryphal. Ellis is best remembered at Rugby for being, “rather inclined to take unfair advantage” at both cricket and football. All Black dollar Then on October 1, New Zealand got around to saluting its All Blacks with the issue of a 40mm, 1oz .999 fine silver dollar that sports the All Black’s silver fern logo on its reverse. It is the first coin in the world whose reverse is almost completely black although fans will claim it is really All Black. The total mintage is 10,000. In addition an all black cupro-nickel version of the coin has been issued as part of a PNC that is . . . wait for it . . .wait for it … nearly all black, and has four All Black stamps. This is just the second PNC New Zealand Post has produced in the last five years. Their first issue sold out in three weeks. The mintage here is also 10,000 and the cupro-nickel dollar is available solely as part of the PNC. By-the-way, that Silver Fern has fronds whose lower sides appear silver. The uppers are a normal green. The fern has become of symbol of New Zealand and its people. Some enthusiasts would like it to become the central feature of a new national flag in the same way the maple leaf symbolises Canada. There is a problem. Depictions of the fern’s fronds are often mistaken by folk overseas for white feathers. If your local dealer cannot supply any of these items, try NZ Post: www.nzpost.co.nz/stamps www.tokenpublishing.com

April 2011

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April 2011

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Latest issues AUSTRIA

CANADA

Theme: Robotics—Electronics and Mechanics combined Mint: Austrian Mint Denomination: €25 Diameer: 34mm Metal: Silver niobium Mintage: 65,000 Contact: Austrian Mint. www.austrian-mint.com.

AUSTRALIA

Theme: Australian Bush Babies Series—the Bilby Mint: Perth Mint Denomination: 50 cents Diameer: 36mm Metal: Silver Mintage: 10,000 Contact: Perth Mint, www.perthmint.com.au

BRITISH VIRGIN ISLANDS

Theme: The Lifecycle of the Coqui Tree Frog Mint: Pobjoy Mint Denomination: $10 Diameter: 38.6mm Metal: Silver Mintage: 50,000 Contact: Pobjoy Mint Ltd, Millennia House, Kingswood Park, Bonsor Drive, Kingswood, Surrey, KT20 6AY. www.pobjoy.com

Theme: The Rigours of the Canadian Winter Mint: Royal Canadian Mint Denomination: $20 Diameter: 40mm Metal: Silver Mintage: 8,000 Contact: Royal Canadian Mint, www.mint.ca

THE FALKLAND ISLANDS

Theme: The Royal Wedding of HRH Prince William and Catherine Middleton Mint: Pobjoy Mint Denomination: 1 Crown Diameter: 11mm (gold) 38.6mm (silver and cupro-nickel) Metal: Gold, silver, cupro-nickel Mintage: 10,000 silver and gold, unlimited cupro-nickel Contact: Pobjoy Mint Ltd, Millennia House, Kingswood Park, Bonsor Drive, Kingswood, Surrey, KT20 6AY. www.pobjoy. com

TUVALU

Theme: Great Warriors Series—The Samurai Mint: Perth Mint Denomination: $1 Diameter: 40.6mm Metal: Silver Mintage: 5,000 Contact Perth Mint, www.perthmint.com.au

To have your new coin issues featured on this page, please email the details to abbey@tokenpublishing.com

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News & views

Bulletin

The latest news from The Royal Mint

As well as The Royal Mint’s world-class production facilities, the Llantrisant plant in South Wales also houses The Royal Mint Museum. It represents one of the most impressive numismatic collections in the world, featuring outstanding rarities alongside the currency we use everyday—serving as a true reflection of the history of the coinage in the United Kingdom and of many other countries. COIN NEWS has teamed up with the Museum to bring you an item from the collection every month.

Hocking and the Perth Mint

W

ILLIAM Hocking prepared a catalogue of the Royal Mint Museum collection published in two volumes during the early 20th century and as such made a significant contribution to the Museum. But apart from the care and custody of the collection he was also Superintendent at the Royal Mint, a senior position within the organisation carrying significant responsibilities. It was in this capacity that he visited the Perth Mint in Australia during 1908 to undertake an audit of their systems and working methods. As a kind reminder of his visit the Perth Mint put together the volume of images shown here. Photographs were taken of the production areas in which Hocking had expressed a particular interest to provide him with a source of reference back in London and the whole volume is a valuable visual record of minting operations in the Perth Mint at that time. While the book has been in the Library for many years, its original purpose as described above had been lost and it was not until Graham Dyer was undertaking some research into Hocking in recent months that the connection was happily re-established. The Royal Mint offers limited edition, gold, silver and base metal collector coins along with a range of precious art medals and exclusive diamond jewellery. Below are a few carefully selected items from the current range.

Royal approval ET to be one of the biggest-selling coins of the year, S the official UK Royal Wedding £5 crown has been sanctioned and given Royal approval. Designed

London 2012— the “public’s” 50ps S in previous issues, we have been highlighting the new 50p coins issued to celebrate London 2012. The 29 new A coins depict the sports of the Olympic and Paralympic Games

by Mark Richards, a Fellow of the Royal Society of British Sculptors, the design was selected after an invitation only tender process. Their submitted designs were presented to the Royal Mint Advisory Committee which is made up of experts in art, design, history and heraldry. Following the selection of the design, it was then sent to Prince William for approval and then submitted to the Chancellor and finally to Her Majesty The Queen for the final go ahead. The coin will be issued in cupro-nickel, silver, gold-plated silver, silver piedfort, gold and interestingly a platinum piedfort.

and have been struck using designs submitted by the general public. This month we feature the coins representing Goalball, Judo, Gymnastics and Hockey. See next month’s issue for a further selection. For full details of the Olympic coin programme and their designers write to the Mint at the address below or go to their main website at www.royalmint.com. For more information on these, or any other Royal Mint products please, contact The Royal Mint, Freepost NAT23496, PO Box 500, Llantrisant, Pontyclun CF72 8YT, United Kingdom | Telephone: 0845 60 88 300 | www.royalmint.com

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April 2011

Market Scene Strap JOHN ANDREW

A Steady Market T

HERE are only two sales to report and just as two swallows don’t make a summer, two sales do not form a trend. Both events contained interesting material, but not the choice rarities that resulted in unprecedented prices that triggered gasps of astonishment in the salerooms last year. We now have three markets. The one that has boomed is the top end where the coins are in superb condition, or which simply are so rare they seldom appear. The second is the standard collector fodder of perfectly good collectable coins. There are signs that this is struggling in certain areas. Finally we have the market for junk coins that are retailed on e-Bay and the likes–that is booming given the high prices paid for bulk lots at sales. The UK is heading into a period of austerity budgets and it will be interesting to see what impact this has on the coin market during 2011.

BALDWIN’S—ARGENTUM SALE—FEBRUARY 5, 2011 It is a mistake to look on Baldwin’s Argentum sales as its second division offerings. Four of these auctions are held each year in conjunction with the popular quarterly London Coin Fair, held at the Holiday Inn in London’s Bloomsbury. Although the pieces may not meet the criteria for the company’s main sales, they nevertheless contain an assortment of interesting and diverse numismatic material appealing to the true collector who is looking for something unusual, or simply an example of a coin that is affordable. A piece that pressed all the buttons at this event was a Roman dupondius of Postumus (AD 260–8), a usurper in the West and founder of the ‘Gallic Empire’. This piece is unusual as Postumus’s head is struck off-centre on the obverse over a similar coin of Hadrian (AD 117–38), resulting in both heads being visible. The reverse has not been overstruck, but its condition is so poor that the original Hadrian design is not visible. The cataloguer graded the piece as fine/poor. The piece was estimated at an undemanding £40–60. It certainly caught the attention of prospective bidders and the piece was contested to £307. There was another such oddity in the Greek section. A silver stater struck at Gortyna, Crete was offered. Struck after 430 BC, its obverse features Europa seated in a tree, while its reverse portrays a standing bull. The cataloguer noted, ‘Perhaps overstruck on an Aegina stater’. In fine state, it was chased to £672 against a top estimate of £300. What caught my eye in the Greek section was a silver stater struck at Lucania, Metapontum, which I believe was struck in 330–300 BC. Its obverse features a female head facing right, its reverse, an ear of barley. The piece is in nearly good very fine state and is of good style. Estimated at £70–90, I thought it a snip. And so it would have been at that price—it sold for £283. The best of the early English hammered was an Aethelred II (978–1016) penny struck at London by the moneyer Ælfstan. While the obverse has a diademed bust of the King, the reverse features the Hand of Providence between the Greek letters alpha and omega. In about very fine state and toned, it sold for a reasonable £330. The best of the later hammered was a James I third coinage (1619–25) shilling with the thistle mintmark for 1621–3. The cataloguer believes that this is struck over April 2011

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another, possibly a trefoil. The piece has been cleaned at some time in the past and there is a scratch in front of the face, otherwise it is in good very fine state and has a good portrait. Examples of this coin with a pleasing portrait are difficult to find. It sold just below its midestimate at £283. The best of the English milled coins was a William III 1695 crown with the SEPTIMO edge. Other than an unfortunate metal flaw on the Irish shield, the piece is in extremely fine state. Offered with an estimate of £600–800, it sold marginally below the lower estimate at £580, which is £684 with the Premium. This is against £1,600 in the Coin Yearbook for an EF example. Valuing a coin with a metal flaw is always difficult, but the cataloguers estimate range was conservative and should have generated interest. However, it was not to be and the buyer should be very pleased with his or her acquisition. There has been a tremendous interest in Victorian bronze pennies this century with a result that prices rose. One of the most famous offerings was when the late Laurie Bamford’s collection sold at DNW in June 2006. A couple of examples from that sale were offered at this event. The first was an 1861 example struck from Freeman dies 6+D described as “toned, good extremely fine with a hint of lustre”. It sold for a hammer price of £140 (£165 with Premium) against an estimate of £150–200. At the Bamford sale five years ago it realised £130 hammer. Another 1861 specimen with the Bamford provenance was offered next. It was described as being “practically extremely fine with a hint of lustre”. Apart from its condition and BRITT in the legend being out of alignment, it was the same as the previous coin. At the Bamford sale it sold for a hammer price of £65. At this sale it was estimated at £80–100, but failed to sell. Prices at specialist named sales tend to be high, but are not always sustained at later offerings. In the world section, Baldwin’s diversified into modern coinage and the move proved to be very successful. From Australia, three proof palladium 1-ounce emus struck at the Perth Mint in 1995,1996 and 1997 were offered in their boxes and case of issue together with certificates. The lot sold above estimate at £1856. There was considerable interest in four coin sets for the Canadian Olympic Games of

A Roman dupondius of Postumus (AD 260–8), estimated at £40–60. It certainly caught the attention of prospective bidders and the piece was contested to £307.

A silver stater struck at Gortyna, Crete. Struck after 430 BC, its obverse features Europa seated in a tree. Realised £672.

William III 1695 crown with the SEPTIMO edge. Other than an unfortunate metal flaw on the Irish shield, the piece is in extremely fine state. Sold for £580, which is £684 with the Premium.

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Market Scene 1976, each set containing seven coins. The lot also included a 1975 Calgary Dollar. They sold for more than double the top estimate at £566.

The sale totalled £78,900 against an estimate of £52,190. There were 210 bidders, of whom 108 were successful.

WARWICK & WARWICK—COLLECTABLES—FEBRUARY 9, 2011 Although this event incorporated toys and military medals, over 50 per cent of the sale was devoted to numismatic items. The highlight of the English hammered section was a James I second coinage, fourth bust, gold unite with the coronet mintmark for 1607–9. The piece is in nearly very fine state and has a pleasing portrait. The lot was offered with a “tease” bid of just £550. Needless to say, it was contested and sold for £1,782, which is in line with the market. Another James I gold piece also sold well. This was a third coinage laurel with the fourth bust and the lis mintmark for 1623–4. Estimated at a conservative £350, it sold for £949, which no doubt cheered the vendor. There was little decent English or British milled. However, a George I 1723 shilling with SCC in the angles caught my eye. Graded as extremely fine, it realised £184. The real stunner in the later milled was an 1847 Gothic crown The highlight of the English hammered section: James I second coinage, fourth bust, gold unite with the coronet mintmark for 1607–9. sold for £1,782.

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described as ‘’prooflike nearly uncirculated”. The £900 estimate was clearly a “tease”. The piece was contested to £1,898. Gold was in demand, as an 1887 about uncirculated fivepounds commanded £1380. UK proof sets were also in demand. Two 1902 cased Maundy sets comprising the 11 coins from the sovereign to the Maundy penny were offered both described as “FDC”. Each sold for £1,064, despite being estimated at £600 and £550. Was one a better FDC than the other? Modern gold sets were also sought. A cased set of eight pattern gold proof £1 coins of 2003–4 were offered. Comprising 2003 “bridge” issues and the 2004 national issues for the four nations that make-up the UK, the lot sold for £3,220. There is no separate total for the coins and banknote section of the sale. The auction totalled “over £350,000”.

IMPORTANT NOTE Unless otherwise stated, the above prices are inclusive of the Buyer’s Premium. In other words they are the hammer price plus the Premium. At Baldwin’s this is 18 per cent, at Warwick & Warwick 15 per cent. VAT is payable on the Premium at 20 per cent.

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April 2011

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New discoveries

“It must be a

hoard” JOHN ANDREW

O

N December 22, 2010 Mrs Marjorie Dandy aged 75, told Michael Oakley, HM Coroner North Yorkshire East, how on October 22, 2008 she took her dog Tiny for a walk over agricultural land at an undisclosed location. For the past 15 years her hobby has been metal detecting. So she combined walking the dog with a spot of treasure seeking—both incidentally with the landowner’s permission.

was the presence of the remains of a bung in the pot—the She picked only one I’ve ever come across. The coins inside the pot are in up a signal and such beautiful condition, contrasting sadly with the other two after a little hoards whose pots had been smashed in the ground. With the digging found novelty of removing coins from an intact pot it was a major a few coins. challenge not to scar the coins. Often we had to improvise our She said, “I own lab tools, such as knives ground from off cuts of Perspex, thought: it must spoons and round end spatulas.” be a hoard. I was Dr Eleanor Ghey of the BM’s Department of Coins and very excited. You Medals said, “Given the similarity of the coins and the sharing could hear my heart of the same find spot, these three treasure cases were probably beat half a mile away. part of the same hoarding event buried in multiple containers. Everyone dreams of However, delving into a pot that had remained sealed gave a something like that.” real sense of uncorking the past! We knew from the X-ray that She returned a few weeks it was a time capsule full of Roman coins beautifully protected later to carry out a more from all the elements that such ancient comprehensive search. This treasures usually face in the ground time she Pot unopened. over the centuries.” found the So what had Mrs Dandy found? A remains total of 3,039 coins; an intact Roman of a pot and about 1,500 coins. The field pot; 21 Roman pot sherds; 4 tile had been used for growing potatoes. Mrs fragments; 4 pieces of stone; a large Dandy commented, “Some of the coins slab of stone and 2 further pieces were corroded and stuck together, but you which were covering the intact pot. could see the head on many of them. It was The BM has analysed the hoards. very exciting!”. Five days later, Mrs Dandy The coins found by Mrs Dandy decided to return to the find spot with on her own are known as Hoard 1 reinforcements—she took along her older and 2, Hoard 1 contains one silver sister Evelyn. denarius of Severus Alexander The sisters’ combined efforts resulted in (AD 222–235), one copper alloy another find—but on this occasion the pot sestertius of Commodus (AD containing the coins was not only intact, but 180–192) and 1,441 radiates of the was still sealed with an organic bung. “It was central empire and breakaway under a flat stone and three cobbles”, said Mrs Gallic Empire up until AD 274. Dandy who reported her finds to her local Dr Ghey commented about the Finds Liaison Officer. Everything was sent radiates, “These include many down to the British Museum (BM) in London. of the commonly found coins of The discovery of an intact pot believed to be Victorinus and Tetricus I and II. full of coins was very exciting. Indeed, the BM’s X-ray of The Gallic empire, established in Senior Conservator Pippa Pearce commented, unopened pot. AD 260, had its capital at the city of “One of the interesting factors of this hoard

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New discoveries

View of opened pot, plus Pippa Pearce, the BM’s Senior Conservator (right).

“ . . . The pottery retrieved with this hoard was found to belong to two vessels . . . ” Trier but held dominion over Britain until it was reconquered The pot is of a type known as an indented by the legitimate (‘central’) emperor Aurelian in AD 274. beaker. It has five long indentations around Radiates are so called because the head of the emperor on the central body of the vessel, a slightly flared the obverse appears encircled by solar rays in imitation of the foot and a beaded rim. It is just under 20cm high sun-god Sol. Originally a silver multiple of the denarius, it had and sealed with a bung of organic fibres.” by this time become debased to the point of being essentially After the hoards were brought to London bronze. The hoard also includes one coin of Allectus, a usurper the coins were conserved by emperor issuing coins in Britain in 293–296. This is the latest Pippa Pearce, while Richard coin of the three groups, and may have been a stray find.” Abdy, Eleanor Ghey and Sam Hoard 2 comprises a fragment of another denarius, Moorhead identified them. My this time of Trajan (AD 98–117) and 545 radiates. Dr Ghey thanks to the British Museum for comments, “These are again of the Central and Gallic empires, being so helpful in bringing this up to the reign of Probus in AD 282. The pottery retrieved discovery to a wider audience. So, what with this hoard was found to belong to two vessels, one happens now? The hoards, having been declared treasure by noticeably thicker than the other. It is likely that both these the Coroner, are now undergoing the process of valuation pots once contained coins, but they were broken in the soil by the Treasure Valuation Committee. If a UK museum wants these hoards they will have to pay the after deposition and the relationship to the coins was no longer clear.” Committee’s valuation to secure them. The sum is usually divided between the finder Hoard 3, the one still in the sealed pot, and the owner of the land. It is understood is typical for a radiate hoard of this date. It that the Yorkshire Museums Trust has comprises 1,050 radiates of the central and expressed an interest in the hoards and Gallic empires. Dr Ghey comments, the British Museum in just one coin. “Unlike the other coins found at the Should no museum want the finds, site, these are in an extremely or are unable to raise the money good state of preservation, to secure all or part, the probably due to the material will be returned exceptional circumstances for sharing between the of their discovery within finder and landowner. a pot still sealed by The bung of an organic bung. It Let’s hope York can organic fibres. may also have been find the cash—the covered by pieces material should be in of stone found a museum for all to with the pot. see. April 2011

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K. B. COINS Dealers in English Coins and Medals Excellent prices paid for single items, collections or accumulations (especially proof sets)

Are you on our Mailing List? We issue regular lists of our extensive and rapidly changing stock. We will also service your “Wants” lists

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R O D E R I C K R I C H A R D S ON N U M I S MAT I S T

(Specialist pecialist in Eng English ngli lish sh H Ham Hammered amme mere red d an aand d Early Mille Milled)

WANTED: BRITISH HAMMERED GOLD AND SILVER For Appointments or for my very latest Circular, please contact me at

The Old Granary Antiques Centre, King’s Staithe Lane, King’s Lynn, Norfolk Tel: 01553 670833 Web site: www.roderickrichardson.com E-mail: roderickrichardson@yahoo.co.uk

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April 2011

Insight View down the Bristol Channel from Daw’s Castle

WATCHET A tale of Saxons, Vikings and a Somerset town PETER BURNS

T

HE year 988 was a bad one for Watchet and so was 997 and the reason was simple. In both years, the Vikings came visiting. As the Anglo-Saxon Chronicles put it: in 988 “Watchet was ravaged” and in 997, the Danes “put in at Watchet and did much evil by burning and slaughtering”. Today, the small harbour town of Watchet is rather more peaceful, lying on the North Somerset Coast looking out across the Bristol Channel with Wales on the other side and the open sea to the West. And that’s where the trouble came from.

like 25 years. In his tenure, he produced coins of four types: Back in late Saxon times, Watchet was already a wellbeginning with Long Cross then through Helmet and Last established town and port—one of the burhs or fortified towns Small Cross types during Aethelred the Unready’s time and set up to protect the kingdom of Wessex. Just to the West of on to the Quatrefoil type early in Cnut’s reign. But, before the town is a small hill now known as Daw’s Castle and this his arrival in Watchet, he had already been cutting his teeth is thought to be the site of the old fortified part of the town. as a moneyer in several other mints in South West England. And that was probably where the mint was situated. Watchet He started off in the late 980s in Totnes striking First Hand was one of the smaller mints of the time, producing coins (just and then Second Hand type pennies followed by the CRUX pennies of course) from about 979 until some time type. Hunewine then moved on to Exeter, the most important in the 1150s. There was never more than one moneyer at a time and the low output mint in the region, and more than 40 of his CRUX type of course means Watchet pennies pennies from Exeter still survive. At about this time, he nowadays are scarce. also had the opportunity to work, probably for just The first coins were minted in a short period of time, at the mint at Ilchester. After his time as the moneyer of Watchet, he also struck Aethelred II’s time by Sigeric. Quatrefoil pennies elsewhere in the region; namely His earliest coins were of the Exeter, Axbridge and finally Lydford where he First Hand type; then he struck also produced his last design—the Pointed Second Hand type pennies and Helmet type. This was the mid 1020s. It his last coins were of the CRUX is just remarkable that his coins have type. Sigeric wasn’t the luckiest allowed us to piece together in such of moneyers as he may well have detail the long career of a man been around for both of the Viking who lived so long ago. raids. He seems to have survived the Meanwhile back in Watchet in first attack in 988 because the CRUX about 1020, the town’s third and type only started in about 991. But here’s final moneyer of the Saxon era the strange thing. The CRUX type finished was starting work, quite possibly in 997, the year of the second disastrous raid and by at first under the auspices of the time the next design was being made in Watchet, Hunewine. His name was Godcild another moneyer was in residence. This was Hunewine and the first design he struck was and more of him shortly. So what became of Cnut’s Quatrefoil type. He went on to Sigeric? Intriguingly, his last reverse die turns up Aethelred II Long Cross produce every subsequent type for the in Dublin being used with a Hiberno-Norse die penny by Hunewine. next 35 years or so. This amounted to over of King Sihtric. Did the Vikings make off with the a dozen different types in line with the national die in 997? Did they drag Sigeric off too, to use his policy of the time of regularly calling in all the pennies in skills in Dublin? M.A.S. Blackburn published a detailed paper circulation and issuing coins of a new design. His last coins (British Numismatic Journal 1974) on The Mint of Watchet and were of the Pointed Helmet type in Edward the Confessor’s he believed that Sigeric only produced the CRUX type for no reign. It looks as if the mint at Watchet closed down in about more than a matter of months. As Sihtric didn’t become king 1055 and didn’t re-open until well into William I’s reign, in in Dublin until 994, where were the dies in that intervening about 1080. Unfortunately, it therefore follows that there are no period? It would be a terrifically neat story with Sigeric and Watchet coins of Harold II. his moneyer’s tools and dies being hauled off down the Bristol If Saxon coins from Watchet are scarce, then Norman coins are Channel in a Viking longship to work in Ireland but sadly the almost as rare as hen’s teeth! The moneyer Sigoulf (also spelled facts just don’t quite fit! Sipolf, Sigolf and Sigoiiff) made Sword and PAXS types under Whatever actually did happen a thousand years ago and William I and the Voided Cross type under William II but only whatever Sigeric’s fate, what we do know is that Hunewine about a dozen in all are known to have survived. Watchet pennies was Watchet’s next moneyer and he stayed for something April 2011

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Coin news

33

Strap Insight “ . . . All in all, coins of a couple of dozen different designs were minted in Watchet over a period spanning about 180 years. Most of course have disappeared forever but something like 150 have survived and their distribution today reflects their history . . . ”

useum

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of the last two Norman kings are even Welco rarer. Henry I’s pennies were only known from a couple of Type 14 Pellets in Quatrefoil coins by Elwine until a single Type 11 Double Inscription penny turned up in the Pimprez Hoard, discovered in 2002. Pimprez is a small town north of Paris and the hoard, thought to have been deposited in about 1140, consisted of a dozen silver ingots, over 120 continental coins and 446 English pennies of Henry I and Stephen. When the Watchet penny was sold by Spink a couple of years later, astonishingly somebody paid over five and a half thousand pounds for it! Coin production finally ceased in Watchet in Stephen’s reign and just two coins of the Awbridge type are known, both minted by the moneyer Henri. Obviously our knowledge of the Norman coins of Watchet is incomplete but the optimist in me says that metal detectorists will slowly fill in the gaps in the years to come—here’s hoping! All in all, coins of a couple of dozen different designs were minted in Watchet over a period spanning about 180 years. Most of course have disappeared forever but something like 150 have survived and their distribution today reflects their history. Alongside the harbour in Watchet is a fascinating museum. It is only one room but full of really interesting material including a single Long Cross penny of Aethelred II. Down the road in Taunton, the museum has just over a dozen Watchet pennies in the County’s coin collection and the British Museum has nearly 20. The best place to go for the nitty gritty on the subject is once again Mark Blackburn’s 1974 paper. It reveals where so many Watchet pennies ended up. And here come the Vikings again because most extant Watchet coins are actually to be found in European museums—Stockholm, Lund, Stavanger, Bergen, Copenhagen, Visby—all from Viking hoards with evocative place names such as Sigsarve, Halsarve, Stora Sojdeby, Kelstrup, Tjore. Visiting Watchet today, you find yourself walking round a small but busy town. The harbour is still its focal point; centuries of commercial trading now gone but replaced by a modern marina. Near the end of the Esplanade is Watchet’s other main visitor attraction, the West Somerset Railway that brings a steady flow of steam train fans to the town. So, have the far off atchet me to W

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Coin news

days of Saxon coins and Viking raids been forgotten in the town itself, submerged by the subsequent layers of history? Well, not entirely. Apart from that penny in the museum, every tourist information board has something to say about both Vikings and Saxons. Admittedly, if you walk up the hill (past Swain Street and Saxon Close!) to Daw’s Castle, I fear nothing remains of what might have been the fortifications and mint . The only thing Hunewine would recognise today is the view down the Bristol Channel. But there is something else. Watchet might give a first impression of a quirky little seaside town but that would be deceptive. Underneath is an individuality, an independence and a fierce community spirit. Now where could that have come from?

Watchet Marina www.tokenpublishing.com

April 2011

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GB gold coins M. J. Hughes PO Box 1515 Kingston Upon Thames KT1 9UE Tel: 07917160308 E-mail: mjhughes87@aol.com Website: www.GBgoldcoins.co.uk Buyers and sellers of British & World coins. Specialising in Sovereigns and Krugerrands. Always interested in buying any coins Extremely competitive prices paid! Please get in touch for a no obligation quote, or if you need a little advice.

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Spotlight Strap RAYMOND PALERMO

Britain’s First Fifty Pence Piece A

S far as the British monetary system is concerned, the year 1971 is probably the most significant in history. It was in this year that the United Kingdom fully embraced a decimal currency system. The entire range of coins and notes underwent radical changes in terms of denominations and designs. Amongst the most intriguing of these changes were the design and introduction of the fifty pence piece, which is the subject of this short article. The first tentative step towards the introduction of a decimal currency system was made in the late 1840s when the famous “Godless” Florin, worth one tenth of a Pound Sterling (two shillings), was issued. This silver coin got its nickname due to the omission of the words “DEI GRATIA” in Queen Victoria’s titles. This was followed by the issue of a Gothic-inspired florin, with the “DEI GRATIA” title restored. The next move on the road to decimalisation occurred in 1887, when the double florin was introduced as part of Victoria’s Jubilee coinage. It was, however, very unpopular due to its similarity in size to the slightly larger Crown, valued at five shillings. This confusion led to the double florin’s nickname, “barmaid’s ruin”. This inconvenient coin was only issued until 1890. For the next 70 years, the £sd scheme remained as the established, although awkward, monetary system. However, in 1961, signs of change were on the horizon. In this year, a Committee of Inquiry on Decimal Currency, chaired by Lord Halsbury, was set up to consider the question of adopting decimal currency. On March 1, 1966, the Government, on the recommendation of the Committee, announced that decimal currency would be adopted from February 1971. The name “Pound”, which would be composed of 100 “New Pence” would be retained for the name of the new currency. The new coin denominations would be the bronze Halfpenny and Penny, together with the cupronickel Five Pence, Ten Pence and, of interest to us, the Fifty Pence piece. To facilitate the introduction of the decimal currency, the 10 New Pence and 5 New Pence pieces were introduced in April 1968 to circulate alongside their equivalent denominations, the florin and shilling. They were followed by the 50 New Pence piece, in October 1969, which circulated with its paper money counterpart, the ten shilling note. This arrangement continued until November 22, 1970, when the 10 shilling note was demonetised. The date of the formal change to decimalisation soon followed: February 15, 1971. Like all the new decimal coins, the obverse of the 50 New Pence piece has Arnold Machin’s splendid portrait of the Queen, draped and wearing a tiara, facing right. The accompanying

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Coin news

legend reads “ELIZABETH II D G REG F D”, followed by the date, 1969. The reverse was designed by Christopher Ironside. It shows Britannia, seated and facing right, wearing a Roman helmet with a crest. Her companion, a lion, is seated next to her and also gazes to the right. The numeric value is located in the exergue and the legend “NEW PENCE” is on either side of the main design. The coin weighs 13.5 grams. Britannia’s appearance on this coin is significant for two reasons. First of all, despite the change in the monetary system, this icon of British coinage had been retained on the coinage, a tradition dating back to 1672, during the reign of Charles II. Secondly, it was the first time since the early 19th century that a seated Britannia had appeared on a British “silver” coin. Another innovation associated with the new 50 pence piece was its shape. It was—and still is (albeit smaller)—heptagonal, or seven sided. This shape was chosen to aid identification. Each side is also slightly curved, as are the corners. This design ensures that the distance across the coin (30 millimetres) remains constant, which is important for the coin to be accepted in slot machines. The seven-sided 50 pence piece has become an integral part of the current currency system. Over the 42 years since its introduction, it has undertaken a few changes. In 1982, the word “FIFTY” replaced “NEW” on the reverse. Naturally, the Queen’s portrait has also been changed over the years, in line with the other decimal denominations. The coin’s size and weight were reduced to 27mm in diameter and 8.1 grams in 1997. It has also served as a vehicle for several commemorative issues, perhaps most notably in 1973, when the famous “clasped hands” reverse celebrated the UK’s entry into the European Economic Community. The most recent additions to these commemorative series have been the 29 reverses representing the different Olympic disciplines to be contested in London next year. With its iconic Britannia and attractive commemorative designs, plus its distinctive shape, the 50 pence piece is sure to remain one of the most popular of the United Kingdom’s currency denominations for many years to come. www.tokenpublishing.com

April 2011

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Coin News

37

Background

JOHN SLY

SOME ENGLISH

CIVIL WAR COIN HOARDS

I

T IS without doubt that the vast majority of the hammered coins in collections today come from hoards. In the early years of numismatic study the few educated men (usually men, at least) involved in this field used as their raw material the coins dug up by chance when work was undertaken on farms, in road-making, railway and canal digging, and all those other activities that disturbed the soil. Before the activity of targeted metal-detecting with sophisticated equipment became easily available and popular in the 20th century, this was the only source of coins. Now it seems that all archaeologists, although perhaps through gritted teeth, employ metal detectorists to help them pinpoint finds on sites. However, the majority of the finds described in this article were of the earlier variety, where pure chance played a much greater part in unearthing hoards. The history of the English Civil War is well known, or if not, then easily researched. The hiding of wealth in the form of precious metal certainly increased during this period of unrest, although it is true that some parts of the country were very little disturbed by real fighting or by the threat of violence. These hoards are not only valuable numismatically, but also economically, as the contents of the hoards indicate which coins were in circulation at the time of deposit, and therefore reflect the economic conditions in the particular part of the country where a specific hoard was discovered. The following are only a few of the known hoards of the period, but they do give some idea of where hoards have been found and what they contain. Obviously it is impossible to estimate how many hoards are yet to be discovered, but the recent well-publicised finds by detectorists indicate that there is plenty out there yet to be found. An extremely interesting hoard in its variety and value was found at Crankley Point Gravel Pit, Newark, on August 13, 1957; the date range of the coins started with Henry VIII, therefore reaching further back than

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Coin news

many other similar hoards, and ended in 1642–43. The find was made when a bulldozer was excavating in a field adjacent to the Great North Road. At a depth of about three metres the driver uncovered a brown glazed jug containing the coins, together with a silver thimble, a white metal sealing wax case bearing the coat of arms of Vaughan of Sutton-on-Trent, a small decorated casket, a bone counter and the remains of a bean bag. The reason for the burial of this hoard may be related to the position of Newark as a town that declared for, and was essentially loyal to, the king during the Civil War. Indeed, Charles I raised his standard in Nottingham, about 23 miles to the south-west. As early as February 1643 the Parliamentary Colonel Thomas Ballard commanded a cavalry attack on Newark, supported by an artillery company from Burtonon-Trent. The attack failed, repulsed by the townspeople, although there may be some reason to believe that the attack was not pressed home as much as it could have been because Ballard himself had friends in the town— such was the kind of war this was, However,

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April 2011

Background the assault may have been unsuccessful simply because it was badly planned and implemented, and because Ballard himself was wounded. The date of deposit of the hoard might, therefore, tie in well with this attack, and be a simple response to it. This seems a more likely scenario than to connect the hoard with the better known sieges of 1645 or 1646, which produced the diamond shaped coinage sometimes referred to as siege money. The hoard, which was acquired by the Newark Museum, comprised the following: Henry VIII Edward VI

1 gold crown of the third coinage 1 gold halfcrown in the name of Henry 1 shilling (tun), 3 sixpences Philip & Mary 1 shilling Elizabeth 1 quarter sovereign (key) 63 shillings, 99 sixpences 3 groats, 3 pennies James 1 1 half unite (trefoil) and 1 quarter unite (key) of the second coinage, 1 half laurel (lis) and 2 quarter laurels of the third coinage, 1 halfcrown (lis) of the third coinage, 51 shillings, 25 sixpences Charles 1 4 unites, 1 half unite, 4 crowns 57 halfcrowns, 131 shillings 20 sixpences, 1 penny Foreign 6 assorted coins Hoards do not need to be large to be of interest; every coin found can help to prove or disprove a theory, and the number of varieties differentiated does matter for statistical analysis. A hoard that exemplifies this was found at Foscote, a village two and a half miles north-east of Buckingham, in December 1955. John P. C. Kent analysed the find in the British Numismatic Journal (BNJ) 1955–57. There were 199 coins, worth £8 5s at face value, and Kent commented on their good quality; they were originally contained in an English tin-glazed drugpot dating from the period 1570–1630. This, although found in fragments, was of enough interest in itself to be restored by British Museum specialists. The coins ranged from a single Fine Coinage shilling of Edward VI to coins with the Triangle in Circle mark of Charles I (1641–43), and they broke down as follows: Elizabeth I: James I: Scots: Charles I:

31 shillings, 63 sixpences 13 shillings, 10 sixpences Six shillings 6 halfcrowns, 60 shillings, 12 sixpences

Kent wrote that the Triangle in Circle types were “present in such numbers (20 coins) as to show that the hoard had been concealed soon after the start of the Civil War and doubtless in connexion with some early troop movements.” Veronica Wedgwood (The King’s War, 1958) described how throughout 1642 the area around Banbury, not far from Buckingham and Foscote, was very much in support of Parliament, and added that “the rising of John Hampden’s tenants in Buckinghamshire” was a warning to the king. The battle of Edgehill on October 23, 1642, and the manoeuvring of the opposing armies through the Midlands to meet at that point, would have

April 2011

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been cause enough to encourage many people with even a modicum of wealth to hide it. Kent found one coin, a Charles I shilling of type 3a, mint mark Bell, of particular interest: “This has been overstruck on a shilling of Type 31, of which the head, shield, and Portcullis marks on both sides are clearly visible. This is . . . the first overstrike of this series to have been published . . .”. The hoard found at Painswick, about four miles north of Stroud, Gloucestershire, in March 1941 turned out to be more enigmatic than it should have been. The circumstances of the find were routine enough. The small hoard was discovered by a farmer in one of his fields, without a container, and he immediately informed his local museum. The British Museum record of the find was destroyed in an air raid, hence the lack of detailed information, but when the hoard was reported in the British Numismatic Journal for 1952–54, “a rough list of the coins” had been discovered in some private papers, and they were reexamined by the BM. The coins included three third coinage shillings (1550–53) of Edward VI; three sixpences of Elizabeth I, two dating from 1562 and one from 1584; 16 coins of James I; 20 coins of Charles I; two three pound pieces (Scots) of James VI (1601 and 1602); and a “dollar” of Philip II (from Antwerp) 1586. No analysis was made by the writers of this short report (Derek Allen and Michael Dolley), not even a suggestion of a date of deposit. Presumably the coins were returned to the Gloucester City Museum, where, again presumably, they still reside. A large hoard of 678 coins was ploughed up in a field at Black Row Farm, Great Lumley, three miles south-east of Chester-le-Street in County Durham on September 25, 1950. Similar to the Foscote hoard in that it appeared to terminate with coins of 1641–43, it had, according to John Kent, who analysed it in the BNJ for 1964, “a single outlier of 1645–6. This however differed markedly from the remainder in toning, and it is doubtful whether it was part of the original deposit”. Kent’s report recorded the details of all the coins found, but in brief they comprised: Edward VI 2 shillings Philip and Mary 3 shillings Elizabeth 78 shillings, 244 sixpences James I 61 shillings, 49 sixpences Charles I 17 half-crowns, 171 shillings 52 sixpences Charles I 1 shilling (Aberystwyth Mint) There was no record of a container, or any more details about the circumstances of the find. It was recorded, however, that, after the treasure trove decision had been made, the coins were split between the Sunderland Museum (84 pieces) and the Durham Cathedral Library and Museum (594). An intriguing hoard was found during the excavating of the ground for the Sheppey Comprehensive School, Minster Road, Sheerness, Kent, in August 1968. 417 coins were unearthed in a “glazed pottery vessel which had been placed inverted on a tile”. This pot, which was given to the Kent Education Committee, was almost as interesting as the coins it contained. John Kent, in his analysis of the hoard, noted (in the BNJ for 1969) that it was “a useful addition to post-medieval Kentish pottery since little is known of seventeenth-century pottery in Sheppey”. The pot was apparently buried in

Coin news

39

Strap Background “ . . . A substantial hoard with a rather unusual profile was unearthed in April and May 1962 during the digging of a ditch at Stainton-By-Langworth, Lincolnshire, which is about twenty miles west of Winceby, the site of a cavalry battle on October 11, 1643. The outcome was a decisive victory for the Parliament, which led to the whole of that county being lost to the king . . . ” 1649, and the coins were returned to the finder. He in turn sold them at Spink on July 10, 1969, thus returning them to the numismatic market. They can be listed as follows: Edward VI 4 shillings Philip and Mary 2 shillings (with Spanish titles) Elizabeth 48 shillings James I 43 shillings Charles I 25 halfcrowns, 303 shillings 1 halfcrown of the York Mint A substantial hoard with a rather unusual profile was unearthed in April and May 1962 during the digging of a ditch at Stainton-By-Langworth, Lincolnshire, which is about 20 miles west of Winceby, the site of a cavalry battle on October 11, 1643. The outcome was a decisive victory for the Parliament, which led to the whole of that county being lost to the king. In total 660 silver coins were discovered in the spoil, dating from Edward VI and ending with the Commonwealth. The earliest coin was a sixpence of that eponymous monarch, mint mark tun, and the latest was a halfcrown and five single shillings of the Commonwealth dated 1656. All the coins were acquired by the Lincoln Museum. Clearly the characteristics of this hoard varied from the other civil war finds discussed in this article, as it would appear to have been hidden some time after 1656, and might not, therefore, have been associated with the troubles of the civil wars. However, a closer look at the contents of the hoard makes it clear that it was almost certainly concealed in two parts. The breakdown of the hoard was as follows: Edward VI Sixpence (tun) Philip & Mary Shilling, Spanish titles Elizabeth 58 shillings, 170 sixpences James I 57 shillings, 22 sixpences (3 Scottish) Charles I 92 halfcrowns, 221 shillings 19 sixpences ,, Provincial Mints 1 halfcrown, 2 shillings 1 sixpence Commonwealth 2 halfcrowns, 11 shillings From the available details about the actual discovery it is not clear exactly how the find came to light. Given that the coins appeared over a period of a month, it is not impossible that these coins formed two separate hoards: a fairly typical civil

40

Coin news

war hoard ending with the provincial mint coins of Charles I from Aberystwyth, Truro/Exeter and Oxford, hidden as a result of the turmoil after the battle of Winceby, and a much smaller hoard of the thirteen Commonwealth coins, which may have been hidden in the same place by the original owner at a much later date, or even by someone else choosing that spot by chance. However, another hoard with coins of the Commonwealth may indicate differently. The earliest coin dated from Philip and Mary and ended with 48 coins of the Commonwealth, and it was discovered at Laughton, six miles east of Lewes in Sussex. The find took place in April 1959 when a man working in a field at Park Farm “unearthed” 524 coins and “the remains of a Bellarmine-type stoneware jar”, to quote John Kent’s report of the find in the BNJ for 1968. The hoard contained the following: Philip & Mary Shilling, English titles Elizabeth 4 shillings, 12 sixpences James I 1 sixpence (1605), 1 halfcrown, third coinage, 4 Scottish Charles I 438 halfcrowns, 9 shillings 1 sixpence (Type 3a) ,, Provincial Mints 5 halfcrowns Commonwealth 48 halfcrowns Kent found this hoard to be of more significance than it might appear at first sight: “Hoards of the Commonwealth period are not common, and the five provincial issues of Charles I raised an interesting problem.” He found that the relatively poor condition of these coins led him to believe that their metallic composition may well not have included the full silver content. The entire hoard was acquired by the Lewes Museum. Why this hoard should have been buried in this locality in the mid1650s is difficult to relate to the events of the time, but it may have been the result of a purely personal issue for the person who hid it. These examples have been a small selection of hoards of the 1640s and 1650s which give numismatists and coin collectors information not only about the coins themselves but also about the times and conditions in which the coins were being produced and used. Many more hoards will inevitably be discovered, which will hopefully shed light on the numismatic questions still remaining about this fascinating period of English history.

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April 2011

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Coin News

41

Interview

R.A.M. ! O G O T RARING ation ge of decimalis otch n lle a ch e th t a top-n d to mee Initially create oyal Australian Mint has ide. On his R orld-w in 1966, The and design w Berlin, January ce n lle e xc e r fo y Fair in reputation e World Mone ROSS MacDIARMID, the th to it is v t n rece met sh directions EL ALEXANDER 28–30, MICHA and talked to him about fre orable and O em RAM’s new CE also a bit about Australia’s m d n a t for the Min . mismatic past impressive nu

It was difficult not to notice the headlines during the month of January where Australia was concerned. Floods, draught, cyclones and if that wasn’t enough, a plague of locusts to boot . . . it ruined the wheat crop for many farmers and drove up the price of that specific commodity significantly. What is also difficult not to notice is the indomitable Australian spirit, which made the country what it is today. When it’s not affected by natural catastrophes, it is deservingly referred to as the “lucky country”. This year, Australia celebrates the 100th year of the wool industry, an aspect of the economy which contributed to the country’s wealth—Australia owes plenty to this one factor, so much so, that it is honouring the industry with two new commemorative coins, both dollars. One of the designs was first introduced in 1938 and is very familiar with collectors of Australian coins. Over the last 20 or so years, Australian coins have come to the attention of collectors worldwide in a big way. The issue of Kookaburras, Kangaroos and Koalas within the bullion market alone would have been enough to focus attention on the numismatic activity of this nation-continent, but more recently with the various series of coins marking special anniversaries and sporting events such as the 2000 Olympiad and highlighting Australian culture and landmarks, the Royal Australian Mint have pushed the boundaries of what was once considered “comfortable” perimeters and dazzled the numismatic field with bold and imaginative designs. The Mint’s new CEO, Ross MacDiarmid has assumed the reins of an institution which continues to carve a place for itself both nationally and world-wide and looks to redefine both the position as well as the direction the RAM takes in the next few years. They look set to embark on more options and choice not only for the collector but for their new partners with innovative and challenging projects ahead. It goes back to that indomitable spirit which I believe will surely put Australian coins firmly on the numismatic map . . . the difficulties of the recent past, hopefully, being left well and truly behind. We wish the very best to all of our Australian friends! The Royal Australian Mint is always a real favourite here at the World Money Fair in Berlin, do you think it’s important for the RAM to have a high-profile presence and how does it benefit your many different coin programmes? We really value our relationships with our international partners and clients so we make an effort to be here every time. Whilst we don’t have a booth this time around we are still readily available and have made our 2011 5c piece available for the WMF coin passport so visitors to the Fair can still take away a piece of Australian coinage with them. Last year you would have seen that we worked with a few international dealers to produce coins with some of our most iconic designs and we look forward to creating more of these partnerships in the future. Let’s go back to the beginning, although Australian coins have been struck in the country since 1855, the Royal Australian Mint is itself, relatively young as far as national Mints go. Can you share with COIN NEWS readers some background information on the Royal Australian Mint and how it came to be? Yes, we are one of the young ones out there. Like you said the history of coinage in Australia does start in the 1800s and in fact, last year (2010) we celebrated one hundred years of Australian coinage even though the Royal Australian Mint hasn’t been around for that long. Prior to the Royal Australian Mint’s existence there had been several branches of the British Royal Mint (Perth, Sydney, Melbourne), however, once the Government decided to introduce decimal currency, the Royal Australian Mint was built. The other Mints were decommissioned as official Mints but, as you know, the Perth Mint still functions as a State Government owned

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Mint producing collectible coins and refining metals. The Royal Australian Mint is a prescribed agency within the Commonwealth Government portfolio of the Treasury and is the sole supplier of Australia’s circulating coinage. It was opened by His Royal Highness Prince Philip on February 22, 1965 and production went full steam ahead to produce decimal currency in time for the introduction date of February 14, 1966, so, this last month, Australian decimal currency celebrated it’s 45th anniversary. Over the years we have had a few changes such as the removal of our 1c and 2c coins and the addition of $1 and $2 coins. And would you believe, we still have some employees working with us who have been at the Mint since those first couple of years back in the 1960s. Our employees have amazing passion for what they do. We also undertook a three year refurbishment which ended late 2009 and really brought both our tourism and production facility up to a world class level. I’d like to discuss the substantial coin programmes which have emerged from the RAM if I may. For a long time, there were few collector’s coins issued from the Mint, and then, from the mid 1980s on, there was an abundance of coins. At what point did the Mint come to the conclusion that a more augmented coin issuing programme would not only be a money-earner for the Mint but it would also generate many more collectors of Australian coins? When did this take root? As I have only been the CEO for about nine months, my understanding is that collector demand drove an increase of coin issues. Collectors wanted to see different finishes, new designs, demonstrations of new technology, etc., and it grew from there. Also as different commemorative designs were released into www.tokenpublishing.com

April 2011

Interview Strap circulation there was demand to see these in proof finishes. Also one can speculate that demand was influenced as metal prices, particularly the price of gold, rose so significantly in the 1980 that more people were collecting speculatively and the Mint supplied this demand. The Royal Australian Mint’s Olympic programme was deemed quite a success and I believe that the Royal Mint in the UK looked to your programme for inspiration regarding their Celebration of Britain series. So, how do you begin to embark on such ambitious programmes in the first place and, is there ever any concern that it won’t be as successful as anticipated? There is always an element of risk when you are taking on something so big and you know if it works it will be successful. But for the Mint, I imagine it wasn’t so much a question of whether it would be successful or not but more that we pride ourselves on capturing moments in history and celebrating important achievements. The Olympic Games in 2000 were quite big for the Mint. We were lucky enough to have our world-renowned coin sculptor of over twenty years, Wojciech Pietranik chosen to design the medals. The bronze medals were made out of melted 1c and 2c coins which had been removed from circulation some eight years before. So the year 2000 was a very memorable year for the Mint. Although Australia has produced some very iconic and memorable coins such as the ram’s head shilling, the kangaroo penny and more recently, the dollar coin depicting a group of kangaroos, Australian coins haven’t changed much since the adoption of decimal coinage in 1965 and the addition of the $2 coin in 1988. Is it time for an entire re-think and overhaul of the circulation coins? The most recent change was indeed a while back, but there was good reason for it. Back in the early 1990s the 1c and 2c pieces were removed from circulation because there had been a decline in the worth of the coins. The decision of changes to coinage lies with the Government of the day. We do indeed keep a watching brief on metal prices and what everyone else is doing, but there are no plans for any changes at this stage. Should there be a decision to produce a new set of circulation coins, do you think there would be a preference from the Australian public to have the Queen’s image removed from the coins to complement the banknotes, which only have the smallest denomination with her portrait? If we were to make any changes consultations would be held in the appropriate forum in which I am sure those sorts of issues may be raised. However, in the end it will be a decision made by Government and I couldn’t speculate on what might happen. As with many national mints, you also mint coins for other countries in Asia and Oceania. Do you find your position geographically a hindrance when competing for more lucrative contracts or have you benefited from it? These days with the Internet, blackberries and regular flights, geography doesn’t even come into it. The Mint may have had a slight hiatus over the past few years but that was because we were under refurbishment and getting ready to show the world our capabilities and capacity. Since the Mint Directors’ Conference last year, our international relationships are stronger than ever and advancement of technology has definitely assisted us in maintaining them. I’d like to touch on the subject of direct competition in Australia and the presence of the well known Perth Mint. Many countries do not have this kind of co-existence with another national mint. Can you explain how this works . . . two mints producing legal tender coins for one country? What are the benefits, if any, to Australians? As I mentioned previously the Perth Mint existed as one of the branches of the Royal Mint in the UK. It was built to refine the gold that was mined in Western Australia and to mint sovereigns. Once decimal coinage was introduced and the Royal Australian Mint became sole supplier of Australia’s circulating coinage, the Perth Mint was sold to the Western Australian Government and became the Gold Corporation, dealing in precious metal investment and related collectibles. Whilst it can be a little confusing to the general

April 2011

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public, each Mint has its own characteristics and branding and to those valued collectors, they can easily tell the difference between the two Mints’ products. As far as new issues are concerned, are you able to let our readers know what is planned? I’ve come across an excellent new dollar coin for this year which replicates the classic Ram’s head shilling . . . can you explain why this coin is being issued and if there will be any new issues similar to this for collectors or for circulation? We do have a few special coins in store including our Royal Wedding collection which I’m sure your readers would be very excited to hear about, but I can’t really say much more other than it is on its way. . . . But yes, about the ram’s head: we did some market research and found that collectors wanted to see Australian themes with historical significance, so we researched the wool industry and decided to honour the impact that it has had on Australia’s economy in the past, with the release of several products. The ram’s head is actually the second 2011 release with the wool theme. The ram’s head dollar design was released on New Year’s Day and there are a few products available with this design. You were given the uncirculated $1 with a “C” for Canberra mintmark, which is actually a special treat only for visitors to the Mint. It does make it difficult for international collectors to get their hands on it, but we are also selling it as a part of a four coin set of the same design with three different privy marks. There is also the silver proof version, so if people really love this design then this is the coin to get, as the frosted relief really enhances the design. You may have seen this ram’s head before and that is because it originally appeared on the one shilling from 1938 to 1963. The design was modelled on a champion Merino at the Annual Sydney Sheep Show in 1932 and came to be known as the “Shilling Ram”. So it seemed fitting that as we were celebrating the wool industry we should make our own link with coinage in the past and the industry. For many of our readers, Australia will only ever be a far away destination not in easy reach. What would you like would-be visitors to know about your country and is there a place on the national coinage and banknotes which can help the world become more acquainted with Australia? Do you think it is an effective way of “spreading the word” so to speak? Even though Australia doesn’t have as much history as many of the countries overseas, there is still a story to tell and I believe that coinage plays a part in that, which is why we pride ourselves on maintaining records, capturing moments and celebrating important achievements with Australia’s rich heritage and culture. And in addition to that, I must admit the popular coins that promote tourism for us overseas are the coins with the kangaroo designs. It’s typically Australian and something that people can connect to when they hear about Australia. You’ve been the CEO of the Royal Australian Mint for a relatively short time but that’s no excuse not to be a collector. So as we conclude our interview, I would like to ask if you are a coin collector and if so, what’s in your collection? Even though I have only been CEO for a short time, I have actually been involved with the Royal Australian Mint for a number of years as I was a member of the Mint’s Advisory Board. So I did have some numismatic knowledge and I attended a number of their coin launches and events. As for my coin collection, I will admit I am a new collector, but I do have some coins in my collection that have a special meaning to me. For example I have the ram’s head dollar as I live on a farm and have sheep and understand how important the wool industry has been to Australia. We seem to come back to that iconic ram’s head coin once again. Classics never go out of style. Ross MacDiarmid, Chief Executive Officer of the Royal Australian Mint, I would like to thank you for your time today while you attend the World Money Fair here in Berlin.

Coin news

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Coin News

Detector’s notebook JOHN BROMLEY

COINS FROM AN OLD MARKET TRACK U

SUALLY metal detecting finds corroborate known knowledge of sites and areas, other times the finds deepen understanding by helping to further date sites and indicate levels of activity. But sometimes the finds raise more questions than they answer and the finds from the old market track certainly left me pondering several things.

The track is currently a public footpath heading toward a market town. It runs across four fields just over the river from the “Riverside“ field which was mentioned in a previous article. A bit of research quickly threw up the fact that it was originally the “main” road. It is also thought that 5,000 soldiers of Edward IV crossed the river by the old mill to march along this road to one of the battles of the Wars of the Roses. Today the path crosses a combination of arable and pasture fields so I was looking forward to seeing what coin secrets lay hidden in the soil. Fortunately it wasn’t long before medieval coins were appearing but the big surprise wasn’t in the regal coinage but in something else lying in the ground. Overall a surprising number of medieval Scottish coins especially of William I “The Lion” of Scotland (1165–1214, but coins issued until 1230) and Alexander III (1249–86) appear in English soil indicating there were a lot of dealings between the two nations despite almost constantly being at war with each other. I managed to find a William cut half (Fig. 1) which was the oldest medieval coin from the market track. The reverse shows the “E” from HVE and “W” from WALTER making this is a short cross and stars “phase b” coin that dates from 1205–30. As always Henry III and Edward I coins put in an appearance. The Henry penny (Fig. 2) is a class 3c voided long cross and has the reverse legend “NICOLE ON CANT” so it is from Canterbury and was minted around 1248–50. Of the Edward I coins the best was a tiny 11mm class 3de London farthing (Fig. 3) with the legends “E R ANGLIE” and “LONDONIENSIS”. It was minted around 1280.

Already it was very obvious that as soon as I strayed just a yard or two off the line of the old road most coin and artefact finds quickly dried up. But to my delight just a few yards further down the track from where the first farthing was found there was a second round farthing quietly waiting for my coil to sweep over it. This time it was a class 10 or 11 coin of Edward II (Fig. 4) which was minted at London around 1310–14. The legends read “EDWARDVS REX AN” and “CIVITAS LONDON”. To date this is the only Edward II coin I have found but ironically this is also the only coin any landowner has ever asked to keep from the many I show them. I was expecting coins of Edward IV to corroborate that his army did march along this road to do battle but none appeared. The only 15th century coin find was a bronze jetton (Fig. 5) minted in Tournai, France, between 1415 and 1497. Like the Tournai jetton featured in my “Riverside” article this has an obverse showing the modern shield of France whilst the reverse depicts a triple-stranded straight cross fleuretty. Even a fairly cursory examination of the two jettons shows that the reverse designs have very different fleur de lis and angle motifs. I don’t know too much about these jettons but I did wonder whether they could fall into classes and therefore date ranges as per the English short cross coinage for example. But already another little question was raised regarding the lack of Edward IV coins because I have found three of his pennies on the other side of the river. Add in the fact that there is another ancient crossing over the river much closer to the market town and I have to wonder whether the historians

Figure 1. William I Scotland cut half 1205–30.

Figure 2. Henry III penny 3c Canterbury 1248–50.

Figure 3. Edward I farthing 3de London 1248.

Figure 4. Edward II farthing 10–11 London.

Figure 5. French Tournai jetton 1415–97.

Figure 6. Elizabeth I penny 2nd issue 1560–61.

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Coin news

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Detector’s notebook

Figure 7. James I penny 2nd coinage 1605–06.

Figure 8. West Frisia Two Stuiver 1678.

Figure 9. Halfpenny token late 18th century.

Figure 10. George III “bull head” sixpence 1816.

Figure 11. George IV shilling 1825.

Figure 12. Victoria sixpences showing head types.

Figure 13. Victoria threepence 1883.

Figure 14. Victoria twopence 1838.

Figure 15. Victoria sovereign 1875 Sydney.

have got it wrong and his army actually marched along the other side of the river. Meantime there was plenty of evidence that this track was a main route into and out of a market town because along with the coins many unofficial lead weights weighing from just fractions of an ounce to nearly 8oz appeared. Unfortunately there were no coin weights which was a surprise considering the nearby “Riverside” field threw up several. Other coins from the line of the track give an interesting insight into peoples’ comings and goings over the centuries but the volume of finds and lack of higher denomination coinage indicated the people using this route were not the most affluent. The Elizabeth I penny (Fig. 6) was a great find because the coin is in good condition and must have been very new and shiny when it was dropped. The “cross-crosslet” mint marks on both sides make it a second issue coin of 1560–61 with the legends “E D G ROSA SINE SPINA” and “CIVITAS LONDON”. Also recovered were a couple of threepences, a sixpence and a well clipped shilling but they were all badly worn. A solitary penny of James I surfaced (Fig. 7) but he was simultaneously James VI of Scotland so this coin has an obverse rose to represent England but a thistle for Scotland on the reverse. It is from his second coinage bearing a rose mintmark which dates it to 1605–06. There was a single foreign coin by way of a two stuiver (Fig. 8). The coin has seen a lot of circulation so is well worn but the rampant lion holding a sword and a clutch of arrows on the obverse is clearly visible, along with “2S” in the field. The reverse has the text “W FRISIA” written over three lines above the date 1678 indicating the coin comes from West Frisia, originally a province in the northern Netherlands, later united with Holland in the Dutch republic. The coin has even been bent into what is commonly called a “love token” giving it an extra bit of interest. It is also interesting that many worn sixpences of William III turn up similarly bent into love tokens so I suspect this West Frisia coin was circulating alongside coins of William III. There were a surprising number of modern coins along the track which remained the main road until the late 19th century. These included a single late 18th century halfpenny token (Fig. 9) showing a portrait similar to that on George II coins but the obverse legend possibly reads “CLA[ ]COVS DEI

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PAX”. The reverse shows Britannia also in a style very close to a George II reverse. Considering the penalty for forging regal coins, and the fact that the authorities usually turned a blind eye to token coinage minted to alleviate shortages of small change provided they were easily distinguishable from the regal issues, I think the maker of this coin was pushing his luck a bit, although the wear indicates it circulated widely. It is fascinating how the volume and types of “lost” coinage ebbed and flowed over the centuries. On average there is a far greater chance of finding a hammered silver coin in most fields than there is of finding a more modern milled silver one. Hammered coins are more likely to be of Henry III or Edward I than any of the other Henrys and Edwards. Equally there is more chance of finding milled silver of George III than of Victoria. However the market track was obviously fairly heavily walked in the 18th and 19th centuries because a number of milled silver coins were found. Several “bull head” sixpences (Fig. 10) and a single shilling of George III were recovered, so called because of the less than flattering collar around the king’s neck. These coins were minted as part of the new “token” coinage first issued between 1816 and 1820, yet the majority of detector-found ones are dated either 1816 or 1817. From my own experience coins of George IV are very uncommon detector finds so when the 1825 shilling (Fig. 11) came out of the ground it represents the first and only silver coin of this monarch that I have found. Again silver coins of Victoria are generally not common detecting finds but the footfall along the track in the 19th century was heavy because a number of her coins were found. There were three sixpences (Fig. 12), all found far apart, so obviously lost over a period of time. It is convenient that they represent the three main portrait styles of “Young”, “Jubilee” and “Old” head portraits. When the tradition of putting silver threepences into Christmas puddings took off, probably during the 1830s, it had a profound effect on their circulation, and therefore loss rates, because the lucky finders tended to keep the coin as a lucky charm or bracelet trinket (or to pay for dentistry to repair a tooth broken on them!). But someone did manage to drop an 1883 dated threepence of Victoria on the track for me to find (Fig. 13). The last two coins of Victoria were both recovered from gateways so may have been lost by people climbing over them. www.tokenpublishing.com

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Detector’s notebook

Figure 16. Cross and pellet leaden tokens 17th–18th century (to scale).

Figure 17. Cross and chevron leaden tokens 17th–18th century (to scale).

First there is an 1838 twopence (Fig. 14) known for many centuries as a halfgroat. Low denomination silver coinage of Victoria is particularly uncommon so it was a nice surprise. And ďŹ nally there was a bit of gold with the ďŹ nding of an 1875 ‘young’ head sovereign (Fig. 15). The presence of a letter “Sâ€? below the shield on the reverse indicates this was minted in Sydney, Australia. As interest in numismatics grew so uncirculated and extremely ďŹ ne milled coins were prized, collected and thus removed from general circulation, and currently remain within collections. Therefore from both a detecting and collecting perspective the milled silver coins I recover are little more than pleasant ďŹ nds with no value whatsoever. But it is interesting to note their ďŹ nd spots and numbers found because it makes me realise that far more medieval hammered silver coins were lost at a time when people were fewer and thought to be poor, thus rarely seeing coins, whereas in the more populous and afuent Georgian and Victorian periods people were seemingly a lot more careful about hanging on to the coins in the pockets or had fewer coins to lose. As mentioned at the start of the article there were other non regal “coinâ€? ďŹ nds in the soil that came as a bit of a surprise. From the length of the track and from the ďŹ elds alongside over one hundred and ďŹ fty leaden tokens were recovered.

Figure 18. Six petal ower and grid leaden tokens 17th–18th century (to scale).

Figure 19. Mill wheel leaden token 17th–18th century (to scale).

Nearly all of them are dated as 17th or 18th century but there were a bewildering variety of designs and sizes. It should also be noted that nearly all of them were uniface and without any lettering on them. The most common design seems to have been a cross with a single pellet in each quarter but a number with just a cross also appeared (Fig. 16). The cross and pellets design is almost certainly derived from the reverse of the long cross pennies that circulated from 1247 to 1465 at which point the cross and pellets was replaced with a shield design. One has to question why this cross and pellets design was still being used on leaden tokens some 200 or more years after the coins they resembled went out of circulation. Other designs that frequently appeared were crosses with one, two or three chevrons in each quarter (Fig. 17) again pointing toward a long cross coin origin. Equally popular were the six petal oral and the grid patterns (Fig. 18). There were also a number of “mill wheelâ€? tokens recovered (Fig. 19) which are justiďŹ ed due to the presence of the former medieval mill on the river as well as mills in the market town. It was the volume of these tokens that made me question whether they were used as currency and were readily interchangeable whilst also circulating widely but that is a debate I will examine in another article.

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April 2011

Out & about

ISRAELI

COINS JIM GRANT

T

HE present day State of Israel is a modern revival of one of very ancient origin, however, following the destruction of the Temple in Jerusalem by the Romans in AD 7, many Jews continued to live in their ancient homeland despite being controlled by a succession of foreign rulers and empires ranging from the Roman to the British. It was in the 1930s, while under the British Mandate, that Jews living outside Palestine started returning to their religious homeland in increasingly greater numbers and began to agitate for the independent state they had been promised during World War I. At present the country occupies 21,000 square miles and has a population of 6 million.

Exactly when the Israelites became a cohesive religious group is not clear, however between 1400 BC and 1050 BC they had created a kingdom in the land of Caanan. About 100 years later the single kingdom had disappeared and been replaced by those of Judah and Israel. Around 720 BC the Assyrians destroyed the kingdoms and the first exodus took place. Nebuchadnessar II of Babylon was the next to conquer Judah and he marched the survivors off to Babylon. Some 60 years later Cyrus of Persia gave them permission to return to their homeland. Alexander the Great brought Greek culture and control to the region and in 135 BC the Maccabean Revolt restored the Israelis’ independence. However nothing lasts for ever in this part of the world and in 64 BC the Romans conquered and occupied the region. In AD 330 control passed to the Eastern Roman Empire and subsequently to the Byzantines. The situation changed radically in AD 636 when the first of a series of ruling Islamic dynasties arrived. The Crusaders briefly ruled various parts of the region between 1091 and 1291 when the last piece of territory was lost. The Egyptian Mamulukes took over and remained until 1517 when the Turks, in the form of the Ottoman Empire, conquered the region and they held it for exactly 400 years before they were defeated by the British in 1917. The latter gave up their mandate on May 14, 1948 when the last British soldiers departed from Palestine. It should be noted that the Jewish calendar goes back considerably further than the Christian one, for example the year AD 2009 is 5796 in Israel and it is this latter date which appears on Israeli coins. In addition the years begin on different dates. The Israelis also use their own style of letters and numerals. Since the creation of the state the people of Israel have fought a succession of bloody wars with their neighbours to ensure their survival, and to demonstrate that never again will they April 2011

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be ruled by anyone other than themselves. In between these wars the Israelis “have made the desert bloom” by irrigating places which were previously unusable. To emphasise this their coins are embellished with the ancient symbols of their faith and history. However, when the State of Israel was proclaimed on May 14, 1948 it inherited the coins and banknotes of the British Mandated Territory of Palestine and continued to use these for a number of months. Prior to the formal creation of the State the future Israeli government had the greatest difficulty in getting any kind of money produced for a country which did not yet exist. Eventually they found an American company which agreed to print banknotes without a value on them, leaving the Israelis to add the values they wanted and these, suitably overstamped, began to enter circulation on August 17, 1948. A 25 mil coin, with a mintage of 693,000, appeared in 1948/49 and this was based on an ancient Bar-Kochba coin dating from about AD 132. On the obverse was a bunch of grapes with ISRAEL on the top in Hebrew, and in Arabic on the bottom. The reverse had the number “25” over “mils” in both languages and around the edge of the reverse was a modern version of an olive wreath. These were stamped from disks consisting of aluminium (97 per cent) and magnesium (3 per cent). They were issued on April 6, 1949 and remained in circulation until September 6, 1950. Following their victory over the combined armies of their neighbours in 1948 the Israeli government set about establishing the routine administration functions of a country and high on their list was a proper national currency. Three men, Kadman, Pavel and Wallish put up

Reverses of the “Prutah“ series first issued in 1949.

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Out & about

The 1960 series of (from top) 1 agorah to 5 lirot.

Examples of the current coinage in circulation (not to size).

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some design proposals in 1949 and these were to become the “pruta” (plural prutot) series of coins which consisted of 1 pruta and 5, 10, 25, 50, 100 and 250 prutot. A small number (34,000) of silver 500 prutot coins were also issued in 1949. 1,000 prutot were equal to 1 Israeli pound. These coins were the legal coinage until 1960. In 1960, the Second Reform Currency series appeared and the pruta was replaced by the agora (plural agorot), with 100 agorot being equal to 1 Israeli pound (lirah, pl. lirot), which began to be issued on January 1 of that year. The new series consisted of 1 agora and 5, 10 and 25 agorot and 1/2, 1 and 5 pounds. Once again, on February 24, 1980, the currency was changed, this time to a new agora (worth ten of the old ones) and the sheqel (plural sheqalim). The next series consisted of 1, 5 and 10 new agorot, 1/2 and 1 new sheqel and 5 and 10 sheqalim. This change had been brought about by inflation and there was a further revaluation in 1985. On September 24, 1985 the present series of coins was introduced, however the denominations remained the same as before. The coins in circulation in 2009 originated from the 1985 Currency Reform Series and began with the new 5 agorot. The reverse of this coin has the design of an ancient coin offset to the right and ISRAEL in Arabic, English and Hebrew. The reverse has an impressed 5 in the centre of a block of vertical lines with a short text on all four sides. In 2001/02 12 million were also struck and half a million similar coins with a different text were issued for the 40th anniversary of the country. The next denomination is the 10 agorot with the revival of a design—the seven branched candlestick known as the menorah, used on a coin struck between 41 and 37 BC—on the obverse, while the reverse is similar to the 5 agorot with ISRAEL in Arabic, English and Hebrew above 10 impressed in the box. There was also a 1 agora which was smaller at 17.49mm and had a merchant galley on the obverse and was based on a coin struck between 4 BC and AD 6 and ISRAEL in Arabic, English and Hebrew. The reverse has a 1 superimposed in a box of vertical lines with AGORA in English

and Hebrew and the date in Hebrew. Although part of the 1985 series it was soon overtaken by inflation and withdrawn on April 1, 1991, as was a 5 agorot, but these ceased to be legal tender on January 1, 2008 but can still be found in change. The half sheqel, the lowest value sheqel coin in circulation, has a lyre on the obverse and 1/2 and an inscription around the edge on the reverse. The 1 sheqel has a lily on the obverse based on a Judean coin of the 6th to 4th century BC while the reverse has 1 over SHEQEL in Hebrew and Arabic. Until 1985 the 2 new sheqalim denomination had been reserved for striking commemorative 38mm silver coins but in 1985 a small 21.48mm nickel-plated 2 new sheqalim coin was introduced into circulation bearing double cornucopiae on its obverse. The obverse of the 5 sheqalim has a capital from a column, which had appeared on an ancient seal with, on the reverse, a 5 and SHEQEL in Arabic, English and Hebrew. The last of this group is the 10 sheqalim which differs considerably from the earlier coins. On the outer left hand side of the ring, of both the obverse and reverse, there is a series of vertical lines, which overlap the centre, and an inscription on the other half. The reverse has 10 above three lines of text. The obverse, which is based on a coin issued in AD 69, just before the destruction of the Temple, has a palm tree with two baskets at its base and a half ring of dots on the right hand side. Despite the tension occasionally noticeable in Israel it is a fascinating country to visit and their circulating coins are a snapshot of Israel’s ancient history while the commemorative issues, which appear regularly, cover the more important aspects of its modern history.

One of Israel’s strictly controlled border posts.

A place to relax and hope for the best (courtesy of Fiona Back). www.tokenpublishing.com

April 2011

Doing it by numbers DR K.A. RODGERS indulges in some serial madness . . .

ACH banknote has a unique identity—quite unlike a coin. Each carries a serial number that is one of the oldest security devices used for paper money. The number allows the issuing authority to track each note—as can the collector when they acquire it. In the bad old days a bank would receive a series of partly printed note forms from their printer. Each would be completed by hand within the bank. A clerk would add the date of issue and serial number prior to the cashier signing it. Each note was recorded in a ledger. After issue the bank would await the note’s return. Its serial number would be used to identify it within the ledger when it would be marked off and cancelled. The system was slow. Gradually printed numbers—and dates and signatures—came to be used. Different systems of numbering evolved, starting with a simple 000001 to mixes of various alphanumeric characters. Commonly there is a prefix of 1–4 characters. Then comes a simple advancing number of 6 or more digits. A suffix may be tossed in for good measure. Prefixes vary. They can be fractional, consist entirely of letters, or may include the last two digits of the year date. For the paper money collector, serial numbers provide a whole collecting vista unavailable to the coin girls and boys. Many collect by serial prefix or number. Special number, letter, or number letter combinations are popular. These include: low numbers such as 000007 with 000001 the most highly prized; solid numbers: 11111111, 6666666; radar numbers: 1234321, 6121216; repeated numbers: 234234, 616161; auspicious numbers involving 8: 808080, 888888; ladder numbers: 123456; paired ladders: 11223344; three stripes: 222888; same number but different prefixes: AA13579, AC13579, BA13579. Changes in serial number font styles can cause collectors to hyperventilate as happened in Australia in the 1970s. The former Gothic font was abruptly swapped for one suitable for optical character recognition known as OCR-B. Both styles were

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Above: Fun with numbers—from top: Treasury low, US radar, Philippine solid, Aussie million, Fiji novel. Above, a brief history of Bank of England serials. Left: Australian serial font fun and games: upper wide OCR-B, lower Gothic (left).

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Unless stated, all pictures are courtsy of K. A. Rogers

E

How it was: Southwell Bank fiver of 1871 with serial V91 entered by hand. Image courtesy Spink.

used on some notes bearing the same signatures. Inevitably, one style proved rarer than the other with a dramatic effect on note value. It is in Australia where a premium is attached to notes with socalled million number serials. One million notes were printed for each letter prefix of Aussie notes. The notes were numbered mechanically with the automated systems able to cope with up to six digits. The last mechanically stamped serial was hence XYZ 999999. The 1000000 serial required the seventh digit to be applied by hand. With only one 7 digit note produced for every serial letter prefix, any that come on the market Down Under command outrageous prices. Recently several 1000000 serials from New Zealand were offered for sale. The serial number styles used on Bank of England notes provide a lifetime study and readers are referred to Token’s essential Banknote Yearbook. Remember too, that serial numbers on British fivers made the news in 2002 when the BoE found that it was possible to remove part or all of one or both serial numbers by rubbing a note hard. At the time the Bank made it clear that, “The absence of all or part of a serial number does not affect the value or authenticity of a note.” But this may explain why some collectors, and I am one, get over-excited when a note occurs with a serial missing or wrongly printed or two notes have identical serials or two different serials occur on one note. And security printers are always on the lookout for new measures to frustrate the counterfeiter. One recent innovation is the introduction of novel numbering where each character in the number becomes progressively larger. Complex serial numbering systems employing embedded codes were used on French notes and continue today on euros. For a beginner’s guide to this arcane science readers are referred to Wikipedia. It may become clear why Britain wisely abstained from joining the Eurozone.

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April 2011

Tokens Strap

3 4 r e b Num N

DAVID YOUNG

KING STREET

UMBER 43 King Street stands at the eastern end of the street and just within the piazza of Covent Garden. The first house was possibly designed by Inigo Jones and had an open arcaded ground storey that formed one end of the portico on the north western side of the square. In 1697 Admiral Russell, Earl of Orford, took a 21 year lease on the house from his uncle the Duke of Bedford; on its expiry a new lease of 41 years was granted. One of the conditions of this new lease was that within two years the original house should be pulled down and a new house be built in line with the rest of King Street. It is unclear who designed the new house but the most likely architect was Thomas Archer.

The Earl apparently tired of horse drawn carriages so he had four trained red deer harnessed to his phaeton. It appears that he drove them with great skill around the piazza, much to the surprise of the other residents. When the admiral died in 1727 the house passed to his great niece Katherine and her husband Thomas Archer, nephew of the architect; they vacated the property on the expiry of their lease in 1759. The next tenant was the wealthy antiquarian and bibliophile James West, who obtained a lease of 21 years. He remained there until his death in 1772, when the sale of his library and collection caused great interest. David Low, the next occupant, took a 55 year lease on the property. Low was a hairdresser and paruke maker from Southampton Street. In January 1774 he opened the house as the Grand Hotel, reputedly the first in London. The hotel was intended for the use of a wealthy clientele when they were in London, with a top price of fifteen shillings a night for a suite of two rooms. To help advertise his hotel Low had checks made by Kirk in gold, silver and copper. According to Matthew Young, the 19th century coin dealer, the gold checks were to be given to royalty, the silver to the nobility and gentry, while the copper were for the general public. He also noted that he had never seen a gold

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specimen. The obverse shows the front elevation of the hotel with the legend LOW’S GRAND HOTEL COVENT GARDEN with LONDON 1774 in the exergue. The reverse legend reads FOR THE RECEPTION OF NOBLEMEN AND GENTLEMEN. More bedrooms were added two years later in an extension to the rear of the building and a coffee room was made in the basement. Unfortunately Low was not a good businessman and the cost of the alterations were too large for him, the result being that he was declared bankrupt in 1786. The hotel lease was then purchased by Isaac Frome who had been the proprietor of the disreputable White Hart public house for many years and was looking for a more respectable occupation. It may have been more respectable but it was not profitable as Frome was no businessman either. The lease then passed to a Mrs Hudson, but unfortunately she had the misfortune to advertise that the hotel had “stabling for one hundred noblemen and horses”, so she did not last long either. Charles Richardson was the next lessee and from about 1792 the hotel was operated separately from the coffee house in the basement. Richardson issued some brass tokens for use in

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his coffee house. The obverse legend on two of the tokens reads RICHARDSON 1793 COFFEE HOUSE COVENT GARDEN; the reverse has either PINT or POT on it. There is a third token which has a different obverse which reads RICHARDSON 1793 COVENT GARDEN, the reverse being blank. The first two pieces were undoubtedly used within the coffee house while the last piece could have been used to advertise the establishment. The Duke of Wurttemberg visited London with his mistress and according to Horace Walpole he was not pleased that “the man who keeps the hotel in Covent Garden would not lodge her

The new tenant, John Green, retained the name Evans Grand Hotel and Supper Rooms. Always known as Paddy he was a jovial host who chatted to his guests, offering snuff to the more important, while taking copious pinches of the stuff himself. In 1855 a new music hall was built at the back of the hotel in the garden of the old house, demolishing the little cottage where Fanny Kemble had been born. Designed by Finch Hill, the new hall was 70 feet long with a beautifully carved and painted ceiling and the walls were lined with pictures of celebrated theatrical personalities. A screened gallery ran round both sides and one end of

for the reputation of his house”. Richardson was not that successful and soon ran out of money. Around 1798 Robert Joy purchased the lease while Richardson ended up in the workhouse. Joy was more successful, the place was well patronised and became know as the Star Dining and Coffee House. It was reported that Dukes and other titled gentry were regular visitors and the fare provided was plentiful. It is not clear how long Joy remained as proprietor; however he is still listed as being at number 43 in 1833. Later that year William Carpenter Evans took over and opened Evans’s Grand Hotel, Music and Supper Rooms, however on the lamp outside the entrance were the words “Evans’ late Joy’s”. Evans was a retired comedian who had previously managed the Coal Hole in the Strand where food and drink went hand in hand with musical entertainments. He converted the dining room into an attractive concert hall with a stage at one end; the rest of the room was filled with supper tables that sat four people. So successful was he that in 1844 Evans retired with a small fortune, but unfortunately within ten years he had died.

the hall. Here ladies were admitted but under certain conditions: they had to give their name and address and were only permitted to sit in the screened gallery. The entertainers were all male: a choir of men and boys sang ballads and glees interspersed with popular selections from operas all to the accompaniment of a piano and harmonium. One of the waiters, Herr Von Joel, after selling cigars would mount the stage and play the penny whistle and give farmyard impressions. The ivory token illustrated left is probably a subscription ticket to the music hall and supper rooms; although undated it seems more likely that it was issued by Paddy Green around 1860. By this time Evans’s had become part of the establishment and was the most notable Bohemian place in London where gentlemen could meet for supper and some risque songs. In 1857 the Savage Club was established at a room in the hotel where its first meetings were held, before moving to the Adelphi. In response to the Gatti brothers’ new French style café restaurant, Green opened a café at Evans’s. On an old programme is printed “Gentlemen are respectfully requested to encourage the vocalists by attention; the CAFÉ part of the room www.tokenpublishing.com

April 2011

Tokens Strap being for conversation partiesâ€?. The new style of music hall entertainments required more space than was available at Evans’s, also women formed a large part of their audiences. Not being able to compete, Evans’s ďŹ nally closed in 1880. John Hollingshead thought that London needed a club where members could take their wives and daughters, similar to the Cercle des Mirlitons in Paris. Hollingshead gathered a group of like-minded individuals who raised the necessary ďŹ nance to take over the lease and establish the Falstaff Club. The interior was redecorated, but after a few years the club closed as it had run out of funds. A series of brass tokens (pictured right) were issued with FALSTAFF CLUB and the denomination on the obverse, the reverse being blank. These tokens were most likely used for refreshments; the denominations noted so far are sixpence, ten pence and one shilling, again it would seem likely that other values exist. Willie Goldberg established the New Club in 1889 where excellent concerts were staged. Unfortunately the club had become less Bohemian with a more reďŹ ned clientele, which led to its closure. In 1891 the building became the headquarters of the National Sporting Club. Decorations were changed again but the billiard room was left alone and a writing and reading room was created with large leather armchairs. Paddy Green’s old theatre was the ideal venue for the boxing ring where members could watch the matches from the gallery or sit round the ring. The club remained at number 43 until 1933, when the house was purchased by the wholesale

fruiterer George Munro. Major alterations were made to the ground oor to make it suitable to sell the fruit and the doorway had to be removed. It is now a clothes shop and the interior of the old building has all been removed, but the exterior is clearly recognisable as the same building on Low’s token. Acknowledgments My thanks to Terry Barrett for providing much useful information and the illustrations for the tokens from the Falstaff Club.

References Pleasures of London, M. Wilson Disher, 1950. The London Anthology, H. & P. Massingham, 1948. The London Encyclopedia, C. Hibbert & B. Weinreb, 1983. The Story of Covent Garden, Mary Cathcart Borer, 1984. Covent Garden, Mary Cathcart Borer, 1967. Covent Garden—Mud Salad Market, Ronald Webber, 1969. The Annals of Covent Garden, E. Beresford Chancellor, 1923. Victorian Entertainment, A. Delgado, 1971. London Inns and Taverns, L. Wagner, 1924. London, Charles Knight, 1893. Covent Garden Market, R. Thorne, 1980. Noble and Manly—The History of the National Sporting Club, Guy Deghy, 1956.

Tokens of the Falstaff Club.

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Bookshelf Strap JOHN ANDREW

FOR THE SPECIALIST

SILVER COINAGE OF THE CALIPHS by A. Shams Eshragh. Casebound, quarto with dust jacket, 326 pages, illustrated in colour throughout. Published by Spink at £85. Throughout the history of the Islamic world, literally hundreds of independent rulers have issued coins in their own name. This catalogue is concerned solely with the silver coins issued by caliphs, the highest-ranking political and religious figures as well as the rulers they installed within their domains. The catalogue’s timeline is from the first striking of coins in the vast world of Islam in AD 651 through to the decline of the Abbasid caliph in AD 1285. Its author Abolrazagh Shams Eshragh is Iranian and lives at Isfahan in Iran. He has travelled extensively to many countries and cities spending years exploring and researching subject matter for the book as well as securing images. It very clearly has been a labour of love. The catalogue begins, in both English and Arabic, with a very brief history of coinage and the importance of coins in our understanding of the past. It goes on the outline the commencement of the Islamic coinage and the dating of Arab-Sasanian coins (initially the Yazdgird era date was used but after some time the date changed to the Hegira era), the coinage of the various Islamic dynasties as well as the weight of the coins themselves. The catalogue is divided into three sections: 1. Drachms with the bust of a ruler (the Arab-Sasanian and Arab-Sistanian series) 2. Umayyad dirhams and 3. ‘Abbasid dirhams. Each of these sections begins with an analysis of the type in a “how to read the coins of” style, which is very useful. The catalogue illustrates 1,777 pieces issued by the caliphs or their appointed governors. The coins are listed chronologically and each one is illustrated with a high quality enlargement for ease of reference. Weight and diameter measurements are given and the mints are listed alphabetically. Any coins that differ from the general model are pointed out and clarified individually. The Arabic and Pahlavi inscriptions have all been translated into English. This is an important new catalogue. It is the most exhaustive and integrated research work on this coinage and is a must for devotees of Islamic coinage.

56

Coin news

THE LATE BYZANTINE COINS 1204-1453 in the Ashmolean Museum University of Oxford by Eleni Lianta. Casebound in cloth, gilt, dust jacket, crown quarto, 336 page, profusely illustrated in mono. Published by Spink at £50. The collection of Late Byzantine coins in the Ashmolean Museum at Oxford is one of the most important and representative cabinets from the period of the sacking of Constantinople by the Fourth Crusade in 1204, the city’s Byzantine recovery in 1261 and its final capture by the Ottoman Turks in 1453. This is the first time that the collection has been subject to modern cataloguing. It is the work of Dr Eleni Lianta, an expert in the field. An archaeology graduate of the Aristotle University of Thessalonica and a postgraduate of Oxford University (with a masters and a doctorate), after submitting her doctoral dissertation, she worked at Spink’s Coin Department. For the winter semester 2007/8, she was Lecturer in Byzantine Archaeology at the University of Aegan, Rhodes. She is currently at her alma mater working in the Department of Archaeology on the Thessalonica Metro Project as a numismatist. The catalogue lists over 1,100 coins, all of which are illustrated. It will prove an indispensable reference for students, curators, dealers and collectors as well as a source of information for archaeologists, historians, and others with a more general interest in Late Byzantine numismatics.

Both books are available from Spink. For detailis of postage and packing, either e-mail books@spink.com or telephone 020 7563 4068. All major credit cards are accepted.

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April 2011

April 2011

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Coin news

57

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April 2011

Coin price guide

Price guide to: Halfpennies

2011 N EDITIO NOW BLE AVAILA

The Price Guide is intended as a supplement to the highly acclaimed COIN YEARBOOK and we hope the prices quoted will provide a true reflection of the market. The grading used in this price guide is strictly as the recognised English system. In the listing “—” indicates either: Metal or bullion value only; not usually found in this grade; or not collected in this condition. Date

F

VF

EF

UNC

CHARLES II (1660–85)

1672 ................................................................. 1672 CRAOLVS error ......................................... 1673 ................................................................. 1673 CRAOLVS error ......................................... 1673 No rev. stop .............................................. 1673 No stops on obv. ...................................... 1675 ................................................................. 1675 No stops on obv. ...................................... 1675/3 5 over 3 .................................................

£60 £60 £100 £60 £80 £175

£300 £1200 — Extremely rare £300 £1150 — Extremely rare £600 — — Extremely rare £500 £1250 — £550 — — £600 — —

JAMES II (1685–88)

Date

Mintage

1695 First issue (date in exergue)...................... 1695 — No stop after BRITANNIA on rev. ......... 1696 — .............................................................. 1696 — TERTVS error ....................................... 1697 — .............................................................. 1697 — No stop after TERTIVS on obv. ............ 1698 — .............................................................. 1698 Second issue (date in legend) .................. 1698 — No stop after date ................................ 1699 — .............................................................. 1699 — No stop after date ................................ 1699 Third issue (date in exergue) (Britannia with right hand on knee) ........................................ 1699 — No stop after date ................................ 1699 — BRITΛNNIΛ error ................................. 1699 — TERTVS error ....................................... 1699 — No stop on rev...................................... 1699 — No stops on obv................................... 1700 — .............................................................. 1700 — No stops on obv................................... 1700 — No stops after GVLIELMUS ................. 1700 — BRITVANNIA error ................................ 1700 — GVIELMS error ..................................... 1700 — GVLIEEMVS error................................. 1701 — .............................................................. 1701 — BRITΛNNIΛ error ................................. 1701 — No stops on obv................................... 1701 — inverted As for Vs.................................

F £45 £35 £35 £50 £45 £45 £45 £50 £225

VF

EF

£175 £1000 — Extremely rare £160 £900 — Extremely rare £150 £850 — £275 — — £200 £1000 — £180 — — £180 — — £200 £900 — — — —

£40

£160

£200

—

£90 £40 £100 £100 £100 £100 £40 £70 £70

UNC

£850 — Extremely rare — — Extremely rare Extremely rare £350 — — £150 £850 — £340 — — £340 — — Extremely rare £350 — — £350 — — £175 £850 — £275 — — Extremely rare £300 — —

GEORGE I (1714–27)

1685 (tin) ............................................................ 1686 (tin) ............................................................ 1687 (tin) ............................................................

£225 £250 £300

£700 £3500 £700 £3750 £750 £3750

— — —

WILLIAM & MARY (1688–94)

George I dump issue 1717 “Dump” issue ........................................... 1718 — .............................................................. 1719 “Dump” issue. Patterns ............................

£40 £35

£225 £200

£750 £700

— Rare

George I second issue

Small draped bust Large cuiraissed bust Tin 1689 Small draped busts, edge dated .............. Extremely rare 1690 Large cuirassed busts, edge dated .......... £175 £700 £3000 — 1691 — date on edge and in exergue ............... £160 £650 £2800 — 1692 — — ......................................................... £160 £650 £2800 — Copper 1694 Large cuirassed busts, date in exergue ... £75 £275 £1000 — 1694 — — GVLIEMVS error .............................. Extremely rare 1694 — — MΛRIΛ error .................................... Extremely rare 1694 — — No stops on rev. .............................. Extremely rare

1719 Second issue ............................................ 1720 — .............................................................. 1721 — .............................................................. 1721 — Stop after date ..................................... 1722 — .............................................................. 1722 —inverted A for V on obv. ........................ 1723 — .............................................................. 1723 —No stop on rev....................................... 1724 — ..............................................................

£40 £30 £30 £40 £30 £30 £100 £30

£180 £160 £140 £150 £140

£800 — £575 — £550 — — — £600 — Extremely rare £140 £600 — £375 — — £140 £600 —

GEORGE II (1727–60)

WILLIAM III (1694–1702) George II young head

William III first issue

1729 Young head .............................................. 1729 — No stop on rev...................................... 1730 — .............................................................. 1730 — GEOGIVS error..................................... 1730 — Stop after date .....................................

£25 £25 £20 £70 £25

£80 £75 £80 £225 £100

£400 £400 £375 £650 £400

Coin news

— — — — —

59

Coin price guide Date

Mintage

1730 — No stop after REX on obv. ................... 1731 — .............................................................. 1731 — No rev. stop.......................................... 1732 — .............................................................. 1732 — No rev. stop.......................................... 1733 — .............................................................. 1734/3 — 4 over 3 ............................................. 1734 — No stop on obv. ................................... 1735 — .............................................................. 1736 — .............................................................. 1737 — .............................................................. 1738 — .............................................................. 1739 — ..............................................................

F

VF

EF

UNC

£30 £20 £25 £20 £25 £20 £35 £35 £20 £20 £20 £20 £18

£140 £100 £125 £100 £125 £80 £190 £200 £80 £80 £85 £80 £70

£450 £375 £425 £375 £450 £350 — — £375 £375 £375 £340 £325

— — — — — — — — — — — — —

Date

Mintage

F

VF

EF

UNC

£12 —

£30 —

£110 £300 — —

£12 £12

£30 £30

£110 £300 £110 £300

WILLIAM IV (1830–37)

1831 .................................................... 806,400 1831 Proof ......................................................... £350 1834 .................................................... 537,600 1837 .................................................... 349,440 VICTORIA (1837–1901) George II old head 1740 Old head ................................................... 1742 — .............................................................. 1742/0 — 2 over 0 ............................................. 1743 — .............................................................. 1744 — .............................................................. 1745 — .............................................................. 1746 — .............................................................. 1747 — .............................................................. 1748 — .............................................................. 1749 — .............................................................. 1750 — .............................................................. 1751 — .............................................................. 1752 — .............................................................. 1753 — .............................................................. 1754 — ..............................................................

£15 £15 £25 £15 £15 £15 £15 £15 £15 £15 £15 £15 £15 £15 £15

£70 £70 £125 £70 £70 £70 £70 £70 £70 £70 £70 £70 £70 £70 £70

£300 £300 £400 £300 £300 £300 £300 £280 £280 £280 £280 £280 £280 £280 £280

— — — — — — — — — — — — — — —

GEORGE III (1760–1820)

George III first type First type—Royal Mint 1770 ................................................................. 1770 No stop on rev. ........................................ 1771 ................................................................. 1771 No stop on rev. ......................................... 1772 Error GEORIVS ......................................... 1772 ................................................................. 1772 No stop on rev .......................................... 1773 ................................................................. 1773 No stop after REX..................................... 1773 No stop on rev. ......................................... 1774 ................................................................. 1775 .................................................................

£18 £25 £12 £20 £60 £12 £20 £10 £25 £20 £12 £12

£50 £65 £50 £65 £175 £45 £65 £45 £70 £65 £40 £40

£250 £300 £280 £300 £600 £200 £280 £250 £350 £280 £220 £220

— — — — — — — — — — — —

George III second type Second type—Soho Mint 1799 ................................................................. Third type 1806 ................................................................. 1807 ................................................................. GEORGE IV (1820–30)

1825 .................................................... 215,040 1826 (varieties) .................................. 9,031,630 1826 Proof ......................................................— 1827 ................................................. 5,376,000

60

Coin news

£5

£12

£55 £120

£5 £5

£11 £11

£60 £110 £60 £110

£12 £12 — £12

£45 £45 — £45

£160 £300 £160 £300 — £400 £130 £260

Victoria young head YOUNG HEAD ISSUES Copper 1838 ........................................... 456,960 £5 £16 £60 1839 Proof ................................... 268,800 — — — 1841 ................................................. 1,075,200 £5 £16 £50 1843 .................................................... 967,680 £25 £45 £170 1844 ................................................. 1,075,200 £6 £18 £60 1845 ................................................. 1,075,200 £80 £200 £950 1846 .................................................... 860,160 £8 £20 £65 1847 .................................................... 725,640 £8 £18 £65 1848 .................................................... 322,560 £8 £18 £60 1848/7 final 8 OVER 7 ......................incl. above £10 £25 £70 1851 .................................................... 215,040 £5 £15 £60 1852 .................................................... 637,056 £8 £20 £60 1853 ................................................. 1,559,040 £4 £8 £35 1853/2 3 over 2 ................................incl. above £15 £30 £60 1853 Proof ......................................................— — — — 1854 ............................................... 12,354,048 £4 £8 £40 1855 ................................................. 1,455,837 £4 £8 £40 1856 ................................................. 1,942,080 £8 £20 £60 1857 ................................................. 1,820,720 £5 £15 £50 1858 ................................................. 2,472,960 £4 £10 £45 1858/7 final 8 over 7 .........................incl. above £4 £10 £45 1858/6 final 8 over 6 .........................incl. above £4 £10 £45 1859 ................................................. 1,290,240 £7 £20 £60 1859/8 9 over 8 ................................incl. above £8 £25 £80 1860 ...............................................unrecorded £1000 £2750 £6000

Bronze 1860 Beaded border ......................... 6,630,400 1860 Toothed border ......................................... 1861 ............................................... 54,118,400 1862 Die letter A, B or C to left of lighthouse .... 1862 ............................................... 61,107,200 1863 ............................................... 15,948,800 1864 .................................................... 537,600 1865 ................................................. 8,064,000 1865/3 5 over 3 ................................incl. above 1866 ................................................. 2,508,800 1867 ................................................. 2,508,800 1868 ................................................. 3,046,400 1869 ................................................. 3,225,600 1870 ................................................. 4,350,739 1871 ................................................. 1,075,280 1872 ................................................. 4,659,410 1873 ................................................. 3,404,880 1874 ................................................. 1,347,655 1874 H ............................................... 5,017,600 1875 ................................................. 5,430,815 1875 H ............................................... 1,254,400 1876 H ............................................... 5,809,600 1877 ................................................. 5,209,505 1878 ................................................. 1,425,535 1878 Wide date ................................................. 1879 ................................................. 3,582,545

£180 £300 £150 £500 £175 — £180 £175 £175 £220 £175 £180 £100 £200 £500 £100 £100 £200 £100 £90 £90 £90 £180 £220 £8500

Victoria bronze £3 £4 £4

£9 £12 £10

£3 £3 £3 £4 £40 £5 £5 £5 £15 £5 £75 £4 £4 £5 £3 £3 £5 £4 £3 £5 £100 £3

£9 £9 £10 £18 £100 £15 £15 £14 £75 £15 £100 £10 £10 £25 £10 £8 £12 £10 £10 £20 £200 £10

£50 £180 £60 £250 £40 £160 Extremely rare £40 £140 £75 £140 £45 £150 £75 £250 £375 — £60 £200 £50 £180 £55 £200 £200 £800 £60 £220 £350 £1000 £50 £170 £50 £200 £110 £300 £60 £220 £60 £175 £60 £200 £60 £200 £60 £175 £100 £270 £400 — £40 £175

www.tokenpublishing.com

April 2011

Coin price guide Date

Mintage

1880 ................................................. 2,423,465 1881 ................................................. 2,007,515 1881 H ............................................... 1,792,000 1882 H ............................................... 4,480,000 1883 ................................................. 3,000,725 1884 ................................................. 6,989,580 1885 ................................................. 8,600,574 1886 ................................................. 8,586,155 1887 ............................................... 10,701,305 1888 ................................................. 6,814,670 1889 ................................................. 7,748,234 1889/8 9 over 8 ................................incl. above 1890 ............................................... 11,254,235 1891 ............................................... 13,192,260 1892 ................................................. 2,478,335 1893 ................................................. 7,229,344 1894 ................................................. 1,767,635

F

VF

EF

UNC

£4 £4 £3 £3 £3 £3 £3 £3 £3 £3 £3 £15 £3 £3 £3 £3 £5

£12 £12 £10 £10 £10 £10 £10 £10 £10 £10 £10 £40 £10 £10 £10 £10 £10

£60 £50 £50 £50 £50 £45 £45 £45 £45 £45 £45 £125 £40 £35 £45 £35 £60

£190 £160 £175 £180 £160 £140 £140 £140 £110 £140 £140 — £110 £110 £140 £110 £200

Date

Mintage

F

VF

EF

UNC

1920 ............................................... 35,146,793 1921 ............................................... 28,027,293 1922 ............................................... 10,734,964 1923 ............................................... 12,266,282 1924 ............................................... 13,971,038 1925 ............................................... 12,216,123 1925 Modified effigy .........................incl. above 1926 ................................................. 6,172,306 1927 ............................................... 15,589,622 1928 ............................................... 20,935,200 1929 ............................................... 25,680,000 1930 ............................................... 12,532,800 1931 ............................................... 16,137,600 1932 ............................................... 14,448,000 1933 ............................................... 10,560,000 1934 ................................................. 7,704,000 1935 ............................................... 12,180,000 1936 ............................................... 23,008,800

£1 £1 £1 £1 £1 — £3 — — — — — — — — — — —

£2 £2 £3 £2 £2 £2 £8 £2 £2 £2 £2 £2 £2 £2 £2 £2 £1 £1

£15 £15 £20 £15 £15 £15 £40 £10 £10 £8 £8 £8 £8 £8 £8 £12 £6 £5

£35 £40 £45 £35 £30 £30 £75 £40 £35 £30 £30 £30 £30 £30 £30 £35 £18 £15

— — — — — — — — — — — — — — — — — — —

— — — — — — — — — — — — — — — — — — —

£1 £1 £1 £1 £2 £1 £1 £1 £1 £1 £1 £1 £1 £1 £1 — £1 — £1

£5 £10 £6 £5 £9 £7 £4 £4 £4 £4 £5 £4 £3 £3 £4 £10 £5 £10 £3

— — — — — — — — — — — — — — — —

— — — — — — — — — — — — — — — —

— — — — — — £10 — — — — — — — — —

£1 £4 £3 £3 £3 £1 £30 £1 £1 £1 £1 20p 20p 20p 20p 10p

GEORGE VI (1936–52)

OLD HEAD ISSUES 1895 ................................................. 3,032,154 1896 ................................................. 9,142,500 1897 ................................................. 8,690,315 1898 ................................................. 8,595,180 1899 ............................................... 12,108,001 1900 ............................................... 13,805,190 1901 ............................................... 11,127,360

Victoria old head £2 £1 £1 £1 £1 £1 £1

£6 £4 £4 £5 £4 £4 £2

£2 £10 £2 £2 £2 £2 £2 £2 £2 £2

£4 £40 £5 £6 £5 £5 £5 £5 £5 £5

£18 £10 £10 £12 £10 £10 £8

£55 £45 £45 £50 £45 £35 £20

EDWARD VII (1901–10)

1902 ............................................... 13,672,960 1902 “Low tide” ................................incl. above 1903 ............................................... 11,450,880 1904 ................................................. 8,131,200 1905 ............................................... 10,124,800 1906 ............................................... 16,849,280 1907 ............................................... 16,849,280 1908 ............................................... 16,620,800 1909 ................................................. 8,279,040 1910 ............................................... 10,769,920

£8 £30 £130 £325 £20 £50 £25 £70 £20 £50 £20 £60 £20 £60 £20 £60 £20 £60 £20 £50

1937 ............................................... 24,504,000 1937 Proof .............................................. 26,402 1938 ............................................... 40,320,000 1939 ............................................... 28,924,800 1940 ............................................... 32,162,400 1941 ............................................... 45,120,000 1942 ............................................... 71,908,800 1943 ............................................... 76,200,000 1944 ............................................... 81,840,000 1945 ............................................... 57,000,000 1946 ............................................... 22,725,600 1947 ............................................... 21,266,400 1948 ............................................... 26,947,200 1949 ............................................... 24,744,000 1950 ............................................... 24,153,600 1950 Proof .............................................. 17,513 1951 ............................................... 14,868,000 1951 Proof .............................................. 20,000 1952 ................................................. 33,78,400 ELIZABETH II (1952–

)

GEORGE V (1910–36)

1911 1912 1913 1914 1915 1916 1917 1918 1919

............................................... 12,570,880 ............................................... 21,185,920 ............................................... 17,476,480 ............................................... 20,289,111 ............................................... 21,563,040 ............................................... 39,386,143 ............................................... 38,245,436 ............................................... 22,321,072 ............................................... 28,104,001

£1 £1 £1 £1 £2 £1 £1 £1 £1

£4 £3 £3 £3 £3 £2 £2 £2 £2

£15 £15 £15 £15 £20 £15 £15 £15 £15

£35 £35 £40 £40 £50 £40 £35 £35 £35

1953 ................................................. 8,926,366 1953 Proof .............................................. 40,000 1954 ............................................... 19,375,000 1955 ............................................... 18,799,200 1956 ............................................... 21,799,200 1957 ............................................... 43,684,800 1957 Calm sea .................................incl. above 1958 ............................................... 62,318,400 1959 ............................................... 79,176,000 1960 ............................................... 41,340,000 1962 ............................................... 41,779,200 1963 ............................................... 45,036,000 1964 ............................................... 78,583,200 1965 ............................................... 98,083,200 1966 ............................................... 95,289,600 1967 ............................................. 146,491,200 Later issues are included in the Decimal section.

Coming next month: Illustrated Price Guide to Pennies April 2011

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Coin news

61

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The latest edition of the acclaimed

BANKNOTE YEARBOOK is now available! • Profusely illustrated in full colour • Essential guide to the banknotes of England, Scotland, Ireland (Northern Ireland and the Republic), the Channel Islands and the Isle of Man • ALL PRICES revised in line with market movements plus all English notes are graded in three conditions • The English errors and misprints section has been expanded

+DUG ERXQG ‡ % ‡ ,OOXVWUDWHG ‡ 3ULFH … please complete the order form on page 84 or log on to 62

ZZZ WRNHQSXEOLVKLQJ FRP April 2011 & 2,1 1 Coin N(:6 ews Telephone: 01404 46972 • email: subs@tokenpublishing.com www.tokenpublishing.com

Richard Plant

COIN OF H T N O M E H T

I

N Roman Republican times the minting of the silver denarii was in the hands of three annually elected mint ofďŹ cials, known as the Tresviri Monetales. These were young men of good family just starting to make their way up the political ladder known as the “cursus honorumâ€?, which meant, I presume, that they were hoping one day to make it all the way up to Consul. Their supervision of the mint allowed them to choose the designs for the coins during their year in ofďŹ ce; and they often chose something to reect their own personal family history. All this means that Roman Republican denarii offer modern collectors a wonderful selection of interesting types.

Paul Davis Birmingham Ltd DEALERS IN OLD GOLD AND SILVER COINAGE

0121 427 7179

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The coin I have chosen for this month a denarius minted under the authority of Lucius Titurius Sabinus in 89 BC. His family was of Sabine origin and may have been descended from the King called Tatius, who ruled the Sabines at the time they encountered the Romans. The story of how the two Roman soldiers shown on the reverse of the illustrated coin happened each to be holding a young lady [they might not have been so young and beautiful, but I feel that I must be allowed a bit of poetic licence] goes right back in history to soon after 753 BC when Romulus founded Rome. To bring his new city up to a reasonable size he encouraged all sorts of vagabonds and fugitives to join him. However, this was a very male dominated environment. So, as Romulus did not want Rome to die out in 40 or so years time and as the neighbouring tribes (including the Sabines) did not wish their daughters to become the wives of such a disreputable rabble as the Romans seemed to be, Romulus had to think of a plan, fast! Romulus organised a special festival in honour of Neptune, and made it sound very exciting with all sorts of games and other activities, and invited the Sabines to join in “and bring your ladies. They can help with the refreshments� [a bit more poetic licence here, I’m afraid]. The Sabines and their ladies did come. I suspect the Romans got them in a good mood by allowing their guests to win many of the games, while each Roman edged up to the girl he fancied. On a given signal the Roman seized hold of “his� girl and carried her as fast as he could up into Rome, while other Romans defended their retreat with the hidden weapons they suddenly produced. When the Sabines came to their senses they organised an army to attack Rome and win their girls back but by this time the Sabine girls had fallen in love with their Roman abductors so the women strode out between the armies and forced the men to make peace. This happening is known as “The Rape of the Sabines�.

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April 2011

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Coin news

63

CLASSROOM

Last of the series

by RICHARD PLANT

The Palatinate of the Rhine 2.

3.

4.

5.

6.

I

REALLY don’t know where to begin this article. The “Palatinate” didn’t really “start”, it just gradually “became”. The original “Palatini” were the Roman soldiers who guarded the imperial palaces during the later days of the Roman Empire. Then, in Carolingian times, they became the officers in charge of the palaces visited by royalty in their German provinces, with their chief officer recognised as the “Comes Palatinus” = “The Count in charge of the Palaces”. Eventually, in c1131, during the reign of Lothair III, we find the governor of the Rhineland province called the “Comes Palatinus Rheni”, ie the Count Palatine of the Rhine., in charge of far more than just a palace –ruling much of the land in the Rhineland between Coblenz and Mainz; but also holding an important position in the Holy Roman Empire with the rank of Elector. Heidelberg, the future capital of the Palatinate was founded in 1170. The earliest Palatinate coin I have seen illustrated is a thin silver one-sided coin known as a “bracteate”, minted at Heidelberg and attributed without certainty to Henry the Elder, 1195–1210, who belonged to the very important Welf dynasty. When Henry the Elder’s son, Henry the Younger, died in 1214, the Emperor Frederick II gave the Palatinate to the Wittelsbach family who ruled in Bavaria, and the link with Bavaria was to remain until the territory was broken up in 1803. Coin One is a silver einseitiger pfennig (one-sided pfennig), minted at Heidelberg and attributed to Count Rupert II, 1390–98, the lozenges design on the shield being the arms of Bavaria. Rupert II was followed by Rupert III, 1398–1410; but after his death Rupert’s territories were split, in the usual German way, between his surviving sons, each of them to hold the same feudal title “Count Palatine of the Rhine”, but distinguished (though not usually on the coinage) by that title being followed by the name of their chief town, which is why we find auction catalogues listing coins from states named as “Palatinate-Mosbach” and “PalatinateNeuberg”. These can be difficult to tell apart; but in this article I am not dealing with the junior branches, just with the senior, which was the only one holding the imperial titles, and known therefore as the electoral line. For future reference in this article an Elector is Kurfurst in German. Coin Two is a silver heller of Louis III, 1410–36, Rupert III’s eldest son; with the obverse showing the Head of St. Peter above a small shield of Bavaria on the obverse, with the legend LVDW (Ludwig is German for “Louis”) C.P.R.(Count Palatine of the Rhine) D.(“Duke of Bavaria”) with no mention of his electorate. On the reverse, a Bavarian shield with shields of Mainz, Cologne, Trier and Julich around, and the name of the mint MONETA BACHARACH abbreviated to MN BA around. Coin Three is a weisspfennig (“white penny”) of Frederick I, 1449–76. The obverse shows St.Peter holding his keys and a cross above a small shield of the Palatinate lion quartered with the Bavarian lozenges, all beneath a canopy. Around is the legend FRID’ CPR. DVX BA’ “Frederick, Count Palatine of the Rhine, Duke of Bavaria”, again with no mention of the electorate. On the reverse is the Palatinate-Bavaria shield within a sort of trefoil, with small shields of Cologne, Trier and Mainz around. The legend translates as “the new mint at Bacharach”. Count Frederick III, 1554–76, minted a beautiful large silver Reichsthaler with a German legend which translates, “Lord, according to Thy will”.

Coin Four is a gold 10-ducat piece of a particularly interesting Count Palatine, Frederick V, 1610–23, and after that living on in exile until his death in1633. In 1619 he was offered and accepted the throne of Bohemia, which he lost a year later after the Battle of the White Mountain against the forces of the Holy Roman Emperor, the shortness of his reign in Bohemia giving him the nickname “the Winter King”. But you lose some and you win some! He had lost Bohemia and the Palatinate; but by marrying Elizabeth Stuart, daughter of King James VI of Scotland, he ensure his family’s future promotion. His daughter Sophia’s son became King George I of Great Britain in 1714. Coin Four shows Frederick on horseback, with the legend naming him as C.P. (Count Palatine) Elector. The reverse shows his elector’s cap, with an imperial “orb” in a shield below, beside which are the shields of the Palatinate and Bavaria. At the end of the Thirty Years War the Peace of Westphalia of 1648 gave the Lower Palatinate, ie. just a part of the old Palatinate, to Frederick V’s son, Charles Louis, who became Elector Archtreasurer of the Empire. Charles Louis (CARLV L on the coins) produced a very nice 60-kreuzer piece, with (60) written at the bottom of the reverse.. Coin Five is a billon 10-kreuzer of Charles Philip, 1716–42 with the obverse once again including the imperial orb in the arms. The legend reads around from the top, “DG (by the grace of God) CP (Charles Philip) CPR (Count Palatine of the Rhine) S R I.ARCHITH (of the Holy Roman Empire Archtreasurer) ET ELECT (and Elector)”. The reverse reads down “10 Kreuzer Electorate of the palatinate (Palatinate is Pfalz in German) National Mint”. Much harder to identify is the copper quarter-kreuzer of Charles Theodore, 1742–99, as can be seen by Coin Six, where the only identification is the CP for “Count Palatine” by the sides of the obverse electoral crown. However, his “Convention” thaler is much easier to identify!

Test—Identify the following coins (not shown to scale)

64

2.

Coin news

3.

4.

Answers

1.

1) 60-kreuzer of Charles Louis, dated 1668 2) Bracteate of Henry the Elder, 1195-1210 3) Convention thaler of Charles Theodore, 17784) Reichsthaler of Frederick III, 1559-76

1.

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Tel: (01202) 739606 Fax: (01202) 739230 Website: www.dorsetcoincompany.co.uk E-Mail: sales@dorsetcoincompany.co.uk

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$ ' +$0,/721 &2 (VWG

Tel: 01430 879740 / 07905 467650 e-mail: sales@weightoncoin.co.uk We specialise in British & Colonial Gold & Silver coins & sets of the modern age. Sovereigns of different Monarchs, dates & Mint Marks also available. Always in stock are: • Gold Proof Coins & Sets • Silver Proof Coins & Sets • Gold & Silver Bullion Coins • Royal Mint Collectors Pieces • Gold Sovereigns Visit our e-shop and order on line at

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April 2011

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Coin news

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A Great Deal for Banknote Collectors • Every month I produce a large list of some 30 pages offering thousands of different, world wide banknotes. • I also issue a quarterly, specialised listing of English, Scottish, Irish, Isle of Man and Channel Island notes. • My price lists, as well as many special offers can now be accessed on the internet.

Visit my website at:

www.collectpapermoney.co.uk I have been buying and selling all types of paper money for over 20 years and I pride myself on offering a first class reliable service. If you have notes to sell, or if you would like to receive some of the best sales lists around, please contact me.

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24 Townsend Lane, Upper Boddington, Daventry, Northants. NN11 6DR Telephone: 01327 261877 Fax: 01327 261391

e-mail: Barry.Boswell@btinternet.com

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April 2011

“Our Man” at auction

T

HE unsurpassed collection of errors on English banknotes formed by the co-editor of the acclaimed Banknote Yearbook is to be sold at auction later this month. Laurence Pope used his collection to form the basis of the listings of error notes in the Yearbook but has now decided to give other collectors the chance to add some of his gems to their collections. The error collection is just part of his overall collection which he is selling through Spink at auction on April 12. The following day Spink will sell the extensive “Peter Griffiths” collection of world currency followed by a General Sale of World Currency. For more information contact Barnaby Faull at Spink, telephone 020 7563 4044 or email bfaull@spink.com.

A

Counterfeits force new issue

HUGE problem with counterfeits in circulation in the Philippines has caused the Central Bank to embark on a complete restructure of its currency, both banknotes and coins. During 2010 alone over 12 million pesos worth of counterfeit notes were seized and any attempt to pass on any such notes is now a strictly punishable offence which could carry a gaol sentence. A new series of notes carrying much enhanced security measures is expected very soon.

New Banknote Yearbook

T

HE new 7th edition of the award-winning Banknote Yearbook is now available. Launched at the “Maastricht” Spring Paper Money Fair, the bi-ennial Yearbook is now firmly established as the foremost authority on the banknotes of the British Isles and has become a “must-have” for dealers and collectors alike. Copies are now available from Token Publishing, price £22.95 plus postage, but as it is a strictly limited edition it is essential to order early.

New edition now ready High value zlotys latest edition of the ever-popular valueless! Standard Catalog of World Paper Money—still THE affectionately known by many as the “‘Pick” catalogue—Modern Issues, 1961 to the Present catalogue— is now available. With almost 20,000 entries illustrated by some 12,500 pictures this is the only publication in the world to include every known currency note issued since 1961. Copies are available from Token Publishing Ltd, price £45.99 plus £8 p&p.

I

F you are holding on to any of the old Polish zloty notes issued before 1995 and were hoping to cash them in—it’s too late. The once often encountered ultra high value notes of 1 million zlotys were removed from circulation in 1995 when the currency was revalued at 1 new zloty to 100,000 old. Many people kept the old notes and until now they were exchangeable but today they are valueless except, of course, to collectors!

Fiji to replace Queen

O

N March 1 the Fijian government announced that Queen Elizabeth II will no longer feature on the country’s coins and notes. In 1987 Sitiveni Rabuka staged Fiji’s first post-independence coup and shortly afterwards declared the country a republic. Twenty four years-on The Queen has been finally axed from the country’s currency by leader of the country’s fourth coup, Commodore Bainimarama. The Commodore stated: “Important iconic flora and fauna of Fiji have been selected to replace Her Majesty Queen Elizabeth II’s portrait . . . A tanoa [kava bowl], which previously featured on the Fiji one cent coin, has been selected for the reverse side of the new $2 coin, in line with the cultural items featured on other existing Fiji coins.” Traditional iTaukei names will label the images used on the notes and coins, “in order to align them with the naming convention used for the $1 coin—saqamoli”. The removal of the $2 note from the banknote series will see its green colour taken over by a new $5 note—after the Reserve Bank has withdrawn all $2 notes. It is intended the new notes and coins will be in circulation in June 2012. Dr K.A. Rodgers Fiji’s $2 note and coin scheduled for replacement in 2012. April 2011

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67

Fair preview

Money Fair, Maastricht

T

HE banknote extravaganza that is the “Maastricht” Paper Money Fair gets under way again this year on Saturday, April 9 and Sunday, April 10. Held at the Polfermolen, Valkenburg, the fair brings together dealers from every corner of the globe representing every conceivable aspect of paper money collecting. The large hall is fully booked with dealers located in adjacent rooms. There are over 70 countries represented at this one event so you don’t need to travel the world in pursuit of your hobby, the world comes to you all under one roof! This year’s event marks 25 years for Jos Eijsermans and his team and they are to be congratulated on putting on a fair that meets the needs of this expanding hobby. The town of Valkenburg is a delight and a very popular destination for holidaymakers from all over Europe. The Token Team will of course be there and this year we are pleased to announce the launch of the 7th edition of the BANKNOTE YEARBOOK—be sure to call at our table and secure your copy of this award-winning publication. For further information on the Maastricht Fair contact the organisers Eijsermans Events on 0049 2821 71166-69 or visit www.papermoney-maastricht.eu. See you there!

Dealer Programme 2011 HEATRE HALL Section A 11 - TOFI - Thomas Tombor 12 - DNW - London 13 - Domel103 - Damian Marciniak Section B 7 - A.H.Baldwin & Sons Ltd Section C 1 - Sandor Leicht 2 - Arsentiy Khonin 3 - Beijing Kanyixuan C A Co. Ltd. 4+5 - Francis Nijs 6 - Hamid Kazemi 7 - Sascha Brankovic 8 - Olaf Nappee 9+10A- Marinus Lass 10B+11 – L’Art des Gents 12A- ChrisAntonisWorldNotes 12B - Jürg Rindlisbacher Section W5 1 - Artemon GmbH - Berlin Section W6 5 - Notability 6(a) - Peer Morville Stander 6(b) - Rolf Andersen 7(a) - Sigitas Ziaunys 7(b) - Vygandas Kadzys FOYER Section N 1A - Numismatik.dk 1B - Georgis Zabakas 2B - Maru Traders 3 - Zack Stojanovic 5 - Cees Hootsen 6 - Schulman BV- Eddy Absil 8 - PMG – Glen Jorde 9 - Vareler Notafilie - Gisbert Rohlof 11 - Holt PM - H.H.Christensen 14A - Jaime Sanz 14B - Hans Kajblad 15A - A. Sewnath Surinam 15B - Branislav Popovic MAIN HALL Section D 1(a) - Jordan Numismatik Centre - Aziz Sati 1(b) - Mustaq Sharif 2 - Ali Muhialdin 3 - Ahmed A. Fadel 4 - British Notes - Pam West 5+6 - GAP-Goll-Müller GbR 7+8 - Rachid Mimoun 9 - Amr Dessouki 10(a)- Savo Popovic 10(b)- Alexandre Antonijevic 11 - Tekin Numismatik - Samet Tekin 12 - Robert Kotyla Section E 1 - Avraham Barnea 2 - P.T. Jakarta Currency Centre 3(a) - PM Coins - Peter McDonald 3(b) - Claude Champagne 4 - Claudio Amato 5 - Luca Quadarella

68

Coin news

6(a) - Roberto Tasselli 6(b) - Giuseppe Bossi 7 - Manit Sachadecha 8 - François Maréchal 9(a)- Antarctica Overseas - David Hamilton 9(b) - Mirsad Delic 10 - Elite Currency - Forest Barbieri Section F 1 - Numis - Aleš Kohout 2(a) - Denis Lapaev 2(b) - Bunin Vadim 3(a) - Georges Maamari 3(b) - Housam Chaaban 4(a) - Garo Kalindjian 4(b) - Phil Doudar 5 - Numissets - Fernado Iglesias Ayala 6 - Lyn Knight - Joel Shafer 7(a) - Arutian Airapetian 7(b) - Alexander Golberg 8 - Numiscard Oy 9+10 - Dieter + Alfred Eheim 11 - Tuyuet Nhung Le 12 - Kenneth Yung Section G 1 - Fons Toele 2 - Barry Boswell 3 - Banknote Club - Ali Mehilba 4-7 - Detlef Hilmer 8 - Can Shop 9 - Numiscondor -Manuel Rodriguez C. 10 - Machiel Dubbeld Section H 1 - Antonio delle Volpe 2 - Jose & Josep Esteve 3 - Ben van der Zwan 4 - Larissa Semenkova 5 - Gent Notes - Etienne Geirnaerdt 6 - William (Bill) Measures 7+8 - Sogefinumis Cabinet Ravanel Section J 1 - M.Ortacbayram 2(a) - Alexander Shishlov 2(b) - Visiliev Gennady 3-5 - Pecunia - Ton Lameijer 6 - Galerie Thema - G.Lamblaut 7(a) - Tony Ajram 7(b) - Gilbert Abou Faysal 8 - Leo & Eva Reich 9(a) - Cotevina – Quoc Nguyen 9(b) - Bobby Lee 10 - Stane Straus Section K 1 - Dmitri Kharitonov 2(a) - Miroslav Vrba 2(b) - Pavel Hejzlar 3 - A&T WPM - Alex Abezgauz 4 - Nico Verhoef 5 - E.C.C. - David Laties 6 - Tony Pisciotta 7 - Ed van den Brul 8 - Trevor Wilkin 9+10`- Ian Gradon 11 - Ian Marshall

12 - Pera Numismatics - R.Mert Erdumlu Section L 1 - Dimitar Mihov 2 - Ernie Brooks 3+4 - Maison Palombo 5 - Don Olmstead 6 - Bwananick - Nick Reynolds 7 - PCGS Currency 8 - Manfred Kranz 10(a)- Israel Asher 10(b)- Kristian Chiduch Section M 1+2 - Pornpatana (Erwin) Beyer 3 - Frank Spinelli 4 - Paper Money Store - Henk van Lier 5 - Stema - Walter Nasi 6 - Jeremy Steinberg 7 - Midwest BN Supply - Lee Gordon 8 - Jürgen Opas 9 - Auktionshaus Cortrie 10 - Fa. Worbes 11 - Samson K.C.Lai 12 - PI-collector - Peter Grauwels Section W1 1+2- Hans Seems 3 - Alexander Brill 4 - Jan Moskala 5 - HWPH AG - Matthias Schmidt 6 - Nikas Change – Nikolaos Tripodis 7 - John Pettit Rare Banknotes 8+9 - Wolfgang Kiederer 10 - Corne Akkermans Auctions Section W2 1 - Coin News - Token Publishing Ltd 2 - Coincraft 3+4 - Philamunt 5 - Heritage Auctions 6 - Champion - Arthur Morowitz 7 - Fa. Mietens 8 - Peter Last 9 - Pedro Dias 10 - Mannu Mouton 11+12- Jan Ruijs 13+14 - Monetary Research Institute - A.Efron 15+16 - La Bourse aux Billets - Eric Loyal Section W3 1-5 - Squirrel - Ton Melis 6 - Henri Eiketsu Hirose 7(a) - Monetas Angel - Angel Fr. Romero 7(b) - Paper M - David Leong 8 - Munthandel Oost-Brabant 9+10 - Numiscollection Section W4 1-3 - Van Reijen Agency Int. 4 - Loes van Borkulo 5(a) - Oleg Shulakov 5(b) - Mykhaylo Haritonow 6 - Willi Schneider 7+8 - Fa. Jaap de Ruiter 9 - Yves Tossings 10+11- Eijsermans Events (Org.)

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April 2011

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69

70

Coin News

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April 2011

Banknote feature Strap

The Bank of Scotland

JONATHAN CALLAWAY

Sir Walter Scott Series 1970-1994

I

N 1970 a new series of notes was introduced by the Bank of Scotland which offers collectors a great opportunity for specialisation. The designs themselves are considered amongst the best of modern Scottish notes and consciously adopt design elements reflecting the heritage of constituent banks of the Bank of Scotland group, which had that same year acquired and absorbed the British Linen Bank. The notes were designed and engraved by Thomas De La Rue who had been printers to the British Linen Bank but not, until 1970, the Bank of Scotland. The series lasted until 1995 when the bank commissioned new notes to coincide with its 300th anniversary. In Scotland there had been very few such failures and, even where there had been, the note issues of the bank concerned had nearly always been honoured by other banks to maintain confidence in the system. In a way quite unlike England the note issues of the Scottish banks—and especially the £1 note itself—had found great favour with the public as a substitute for an unreliable and scarce metal coinage. The campaign was successful—the £1 note remained in Scotland while in England it disappeared, to reappear only in 1914, as a result of wartime emergency conditions. The design brief De La Rue worked on resulted in a standardised obverse with Scott to the right as a counterweight Why choose to feature Sir Walter to the centrally positioned bank arms. Scott? The reason the British Linen This produced a harmonious whole, had featured him goes back to his modern in concept yet with sufficient historic connection with that bank as elements of traditional design to reflect The standard reverse design of a customer of their Selkirk branch. Of the preferences of what was still a very the £1 note with sorting codes. wider significance to Scottish bankers, conservative institution. The reverses as rightly recognised by the Bank of Scotland, was were all different but each included the required design elements. The £20 and £100 notes additionally the fact that Scott had led the campaign against the abolition featured the bank’s famous head office building on the Mound, of the £1 note in the 1820s, writing a series of letters under Edinburgh. the pseudonym Malachi Malagrowther to the Edinburgh The series is a great favourite with Scottish collectors, not Weekly Journal, in which he mustered opposition north of only because of the attractions of the designs but also because the border to the proposed reform. The proposed reform of the number of varieties and scarcities thrown up by no fewer had been occasioned by the many country bank failures in than seven signature changes during the 25 years the series England which had undermined trust in paper currency. De La Rue were given a design brief which required them to incorporate five specific features: • the portrait of Sir Walter Scott, who had featured on the final notes of the British Linen Bank • the bank’s arms, as featured on their previous note issue • the shield which formed part of the arms • the sailing ship symbol of the Ship Bank, a constituent of the Union Bank of Scotland which the Bank of Scotland had absorbed in 1955 • the figure of Pallas, the emblem used by the British Linen Bank.

Replacement £5 note with the Clydesmuir-Russell signatures.

The £5 note with the first signature combination.

April 2011

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The £20 note reverse depicting the bank’s HQ on the Mound.

The always scarce Polwarth-Walker £100 note.

Coin news

71

Banknote feature

The reduced size £5 note with STERLING added.

The first replacement £10 note.

The now scarce £20 note with the Polwarth-Walker signatures.

The final reduced size £10 note.

was in issue. Towards the end of the series, a size reduction also took place in the £5, £10 and £20 notes, adding yet more varieties to collect. For Scottish prefix collectors this series also presented the first opportunity to acquire replacement notes, which are identifiable with De La Rue’s usual Z prefix, though it should be noted that not every combination of prefix letters with a Z in it means the note concerned is a replacement. £1 note replacements are clear enough and use the prefixes Z/1, Z/2 and Z/3, but £5 notes with the prefixes Z, AZ, BZ, CZ, DZ or EZ are NOT replacements—collectors should be looking for ZA or ZB, the latter being the one to look for if they want to acquire a replacement £10 note. It should also be noted that the £20 replacement note did indeed use prefix Z although only on the reduced size notes issued from 1991. Relatively few were printed. Finally, as far as is known, no £100 replacements were issued at all. All notes of this series carry two printed signatures, the first combination being those of Lord Polwarth, Governor, and Thomas Walker, Treasurer & General Manager (the traditional title of the chief executive). Bank of Scotland notes had carried two signatures since 1929 and continue to do so apart from a short interlude in 2003/04 when George Mitchell signed alone as Governor. The Polwarth/Walker reign covered only four of the five denominations; there are no £10 notes with these signatures as this was still a relatively unpopular denomination in Scotland in the early 1970s. Inflation changed this and the first £10 note appeared in 1974, by which time the series was already on its third signature combination. When Lord Polwarth retired as Governor he was replaced by Lord Clydesmuir whose signature appeared with those of no fewer than three chief executives, Thomas Walker, Andrew Russell and Bruce (later Sir Bruce) Pattullo. The next Governor was Sir Thomas Risk who was later succeeded by Pattullo himself. His elevation from chief executive to Governor went somewhat against the bank’s tradition.

The only £20 replacements were of the reduced size notes.

The scarce Clydesmuir-Pattullo £10 note.

72

Coin news

The first variety, apart from all the signature changes, came when the sorting codes were removed from the £1 and £5 notes in 1983. These codes had been used since 1967 to speed up the work of the note exchanges at a time when note volumes were rising rapidly and there were still five issuing banks. The original technology had however been overtaken and the new sorting machines did not require them any more. In 1988 the Bank of Scotland took the decision to discontinue the £1 note. The Clydesdale Bank took the same step at the same time leaving the Royal as the only Scottish note issuer to continue with this denomination. In theory their £1 notes are still circulating but few are seen in change nowadays. The final £1 notes were signed by Risk as Governor and Peter Burt with the slightly enhanced title of Treasurer & Chief General Manager. While replacement notes of most £1 signature varieties can be found with a little bit of effort, those of the final Risk/Burt variety are very hard to find indeed. Having said that there are a few early dates where the replacements are also thin on the ground. In 1990 a new reduced size £5 note was issued. Smaller £10 and £20 notes followed in 1992 and 1991 respectively. The designs were unchanged apart from one small but significant addition—the word STERLING was added to the promissory text. This was also added to the £100 note in 1992 when the Pattullo/Burt signature combination was introduced but the note was otherwise unchanged. Matching serial number sets of the final prefix of each denomination were made available by the bank though to be exact it is only the final digits which match as the final prefix of the £20 note ran only to AU 150000 and the £100 note to A 390000. The chart below summarises the issues and sets out the number of dates for each signature combination and denomination. It will be seen that issue numbers for the £100 note are very low indeed, certainly prior to 1983, and acquiring these early £100 notes in collectable grade, never mind in UNC condition, is now extremely difficult. Early £20 notes are also

The final £100 note with STERLING added.

The replacement £1 note with the Polwarth-Walker signatures. www.tokenpublishing.com

April 2011

Strap Banknote feature most of them can be tracked down, especially if the collector is prepared to accept notes in less then EF or UNC condition. Some collectors who do specialise on this series collect the notes by date which means they need a theoretical 143 notes to complete their collection, a challenge which should keep them busy for many years to come!

getting tricky to ďŹ nd while pre-1980 replacements of the ÂŁ1, ÂŁ5 and ÂŁ10 notes are also increasingly hard to locate. Not many collectors will therefore have a complete set of notes of this series by signature combination and denomination —a total of 33 notes—and very few indeed will have examples of all 21 replacements on the same basis. But with perseverance

CHART OF BANK OF SCOTLAND SCOTT SERIES Showing dates and issue statistics by signature combination ÂŁ1 Signatures Polwarth-Walker 1970-1971 Clydesmuir-Walker 1972-1974 Clydesmuir-Russell 1974-1978 Clydesmuir-Pattullo 1979-1981 Risk-Pattullo codes 1981-1982 Risk-Pattullo no codes 1983-1988 Risk-Burt 1988-1990 Risk-Burt smaller 1990 Pattullo-Burt smaller 1991-1994 Pattullo-Burt unchanged 1992-1994 TOTALS Approx % of total as Z replacements

ÂŁ5

ÂŁ10

ÂŁ20

ÂŁ100

Dates

Issued (millions)

Dates

2

29.0

2

10.0

-

-

1

0.275

1

22.5

2

27.0

2

20.0

-

-

1

0.175

1

22.5

5

73.0

4

19.0

5

11.0

2

0.45

1

25.0

2

30.0

2

16.0

2

10.0

2

0.85

1

25.0

1

11.0

2

17.0

-

-

-

-

-

-

4

56.7

5

38.0

7

72.6

7

7.4

4

130.0

1

12.0

-

-

2

40.4

-

-

1

35.0

-

-

1

9.0

-

-

-

-

-

-

-

-

3

17.0

3

41.0

3

32.0

-

-

-

-

-

-

-

-

-

-

3

130.0

238.7

21

146.0

19

175.0

16

41.15

12

390.0

0.15%*

-

-

17

1.06%

Issued Issued Issued Dates Dates Dates (millions) (millions) (millions)

1.16%

0.46%

Issued (thous)

*1991-1994 only

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73

Banknote Papermoney Strap feature

AUSTRALIAN ZERO

BANKNOTES MICK VORT-RONALD

A

USTRALIAN notes are printed in runs of one million sheets. $100 notes are printed 32 to a sheet, $10 notes 45 to a sheet and $5, $20 and $50 notes 40 to a sheet.

When banknote sheets receive their serial numbering, they are numbered backwards from 999999 to 000000. The inclusion of the numbers 000000 is to accommodate exactly one million sheets. The last sheet numbered 000000 is usually extracted and later destroyed. In 1993, the Reserve Bank of Australia donated a sheet of $5 notes with the facsimile signatures of Fraser and Cole to be auctioned for charity. In 1994 a sheet of $10 notes was donated, 1995 $20, 1996 $50 and 1997 $100. All notes had 000000 numbers. The notes in those sheets all bore the same serial number and the same prefixes, AA00, AA93, AA94, AA95 and AA96

respectively. The last four were auctioned in the year following their printing. From 1998, the Governor’s Charity Sheets, as they became known, were still numbered 000000, but had a prefix range from AA to DA (and the year of printing) for the $5, $20 and $50 notes and AA to DF for the $10 notes. It would appear that the $5 notes were specially printed with AA to DA prefixes for the donations, as general circulation notes all begin with BA. The donated sheets were also personally signed by the note signatories prior to auction. In 2010, a sheet of 2009 $50 notes donated by the Bank was auctioned at the annual Financial Markets Charity Golf Day and Gala Dinner, and raised A$27,750. One of the $50 notes from the charity auction sheet was advertised for sale last April for A$5,000.

UNCUT POLYMER BANKNOTE SHEETS Donated by the R.B.A. annually to auction for children’s charities. All notes in the sheets with serial number 000000 and prefixes below. Denom. ($) 5 10 20 50 100 5 10 50 5 20 10 50 50 20 5 20 50 50

Notes 40 45 40 40 32 40 45 40 40 40 45 40 40 40 40 40 40 40

Signatures Fraser / Cole Fraser / Evans Fraser / Evans Fraser / Evans Fraser / Evans Macfarlane / Evans Macfarlane / Evans Macfarlane / Evans Macfarlane / Evans Macfarlane / Henry Macfarlane / Henry Macfarlane / Henry Macfarlane / Henry Macfarlane / Henry Stevens / Henry Stevens / Henry Stevens / Henry Stevens / Henry

The first signature listed in the table above was that of the Governor of the Reserve Bank of Australia, and the second, the Secretary to the Treasury. The $20 sheet dated 2002 was numbered differently with the omission of the letter I, and ended at DD.

74

Coin news

Auctioned 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Prefix AA00 AA93 AA94 AA95 AA96 AA97-DA97 AA99-DF99 AA99-DA99 AA01-DA01 AA02-DD02 AA02-DF02 AA03-DA03 AA04-DA04 AA05-DA05 AA07-DA07 AA07-DA07 AA08-DA08 AA09-DA09

Bid A$ 25000 44000 36000 30000 40000 48000 35000 36000 42000 30000 35000 35000 35750 35500 31250 36250 35000 27750

All sheets were cut up by the buyer/s of the sheets into single notes and some pairs and the occasional block of four, the latter mostly to accommodate the notes personally signed by the signatories. Only one single $100 note appears to have been auctioned, perhaps to establish a value. www.tokenpublishing.com

April 2011

Banknote Papermoney feature Strap ACCIDENTAL RELEASES Bearing in mind that the 000000 sheets not donated for charity are destined for destruction, it was a rare sight indeed to see two such $5 notes in Downies Australian Coin Auctions sale 305 held on July 6–8, 2010.

Lot 3340 was comprised of two notes, CF 06 999999 and CF 06 000000. With pre-auction estimates of A$12,500 and A$10,000 respectively, but unfortunately neither lot sold. This accidental release of the 000000 notes is a very rare occurrence and signiďŹ es that there are/were a further 38 such notes possibly issued into circulation, either waiting to be found by collectors or spent, unrecognised by the general public as unique and valuable.

Fig. 1. Back of 2006 printed $5 note featuring the old and new Parliament Houses in Canberra. First preďŹ x polymer $5 zero note.

Lot 3339 was comprised of nine consecutively numbered notes BA 06 999990 to 999998, and BA 06 000000. This is the ďŹ rst preďŹ x of a $5 circulation note bearing the facsimile signatures of Macfarlane and Henry.

Fig. 3. Front, Fraser/Cole $50 zero note featuring Lord Howard Florey, photo courtesy of Downies.

PAPER ZEROS It is an entirely different story for zero notes in the decimal paper banknote series. The same system for 000000 notes applied for the printing of serial numbers after the discontinuance of one million serial numbers in 1971. The major difference however, is that paper zero notes were not made available to the public, but destroyed. Such a note also appeared in the same Downie auction at Lot 3347—Fraser/Cole $50 WFV 000000. Graded good Fine, its preauction estimate of A$300 suggests to me that the cataloguer did not recognise it as signiďŹ cant, but the buyer did—bidding A$2,400 (plus buyer’s commission of 19.25%) for the note.

Fig. 2. The start and ďŹ nish of a serial number print run.

The question is, what is the value of accidental-release polymer 000000 notes? In my opinion no more than the charity notes, even though, in this instance, no 2006 dated 000000 notes are among the charity issues.

References Email correspondence with R.B.A. April 3, 2007 and July 20, 2010 and ASX Reuters Charity Foundation. Further information, Australian Decimal Banknotes, Paper Issues, by the writer, 2000, see www.yp-connect.net/~vortronald

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Photos courtesy of Downies.

VALUES

Banknote prices

Price guide to: BELFAST BANKING COMPANY & FIRST TRUST BANK New 7th Edition now available

The Price Guide is intended as a supplement to the highly acclaimed BANKNOTE YEARBOOK and we hope the prices quoted will provide a true reflection of the market. The grading used in this price guide is strictly as the recognised English system. In the listing “—” indicates either: not usually found in this grade; or not collected in this condition.

BELFAST BANKING COMPANY

F

VF

NI.301a Handsigned, with black serial numbers Prefix A dated 2.1.1922 to prefix E/E dated 8.11.1928 .................................................£160 £250 EF

UNC

F

VF

VF

EF

EF

UNC

F

VF

VF

EF

EF

UNC

F

VF

.................................................................................... NI.301b Handsigned, with blue serial numbers Prefix E/F dated 9.11.1939 to prefix F/G dated 10.8.1940 .................................................£110 £150 FIVE POUNDS NI.302a Handsigned, with black serial numbers Prefix B/G dated 3.1.1923 to prefix B/U dated 7.9.1927 ...................................................£180 £300

NI.302b Handsigned, with red serial numbers Prefix B/U dated 8.3.1928 to prefix D/X dated 2.10.1942 ......................................... from £75 £150 NI.302c Handsigned, with red serial numbers Prefix D/X to prefix E/D dated 6.1.1966 ......£100 £150 TEN POUNDS NI.303a Handsigned, with black serial numbers Prefix X to prefix Y dated 3.1.1923......................... Rare

NI.303b Handsigned, with green serial numbers Prefix Y dated 9.1.1929 to prefix A/N dated 1.1.1943 ......................................... from £150 £240 NI.303c Handsigned, with green serial numbers Prefix A/N dated 3.12.1963 to prefix A/O dated 5.6.1965 ...................................................£120 £170 TWENTY POUNDS NI.304a Handsigned, with black serial numbers Prefix D dated 3.1.1923....................................£380 £650 NI.304b Handsigned, with purple serial numbers Prefix D dated 9.11.1939 to prefix E dated 10.8.1940 .................................................£250 £450 NI.304c Handsigned, with black serial numbers Prefix E dated 3.2.1943 and 5.6.1965 .............£300 £500 FIFTY POUNDS NI.305a Handsigned, with black serial numbers Prefix B dated 3.1.1923 and 3.5.1923 .............£550 £950 NI.305b Handsigned, with orange serial numbers Prefix B dated 9.11.1939 and 10.8.1940..........£380 £650 VF

EF

NI.305c Handsigned, with black serial numbers Prefix B dated 3.2.1943 and 3.12.1963 ...........£600 £1100 F

VF

ONE HUNDRED POUNDS NI.306a Handsigned, with black serial numbers Prefix A dated 3.1.1923 and 3.5.1923 .............£550 £900

F

VF

VF

EF

EF

UNC

NI.306b Handsigned, with red serial numbers Prefix A dated 9.11.1939 ..................................£550 £900

NI.306c Handsigned, with black serial numbers Prefix A dated 3.2.1943 ....................................£500 £900 NI306d Handsigned, with red serial numbers Prefix A dated 3.12.1963 ..................................£700 £1250 NI306e Printed signature G. B. Smyth, red serial numbers Prefix B dated 8.5.1968 ....................................£800 £1350

FIRST TRUST BANK TEN POUNDS NI.411a Signatory: E. F. McElroy (Group Managing Director) Prefix AB to prefix HB dated 10.1.1994 ...........£40 £65 Prefix ZB – replacement note. ................................ Rare NI.411b Signatory: D. E. Harvey (Managing Director) Prefix JB to prefix NB dated 1.3.1996 ..............£50 £80 Prefix ZB – replacement note. ................................ Rare NI.412 Signatory: D. J. Licence (Managing Director, First Trust Bank) Prefix AA to prefix SA dated 1.1.1998, and ongoing...............................— £25 Prefix ZA – replacement note ...........................£80 £120 TWENTY POUNDS NI.421a Signatory: E. F. McElroy (Group Managing Director) Prefix AC to prefix HC dated 10.1.1994 ..........£45 £85 Prefix ZC—replacement note. ................................ Rare NI.421b Signatory: D. E. Harvey (Managing Director) Prefix JC to prefix NC dated 1.1.1996, and .....£95 £150 Prefix PC to prefix RC dated 1.3.1996 .............£95 £150 Prefix ZC—replacement note. ................................ Rare NI.422a Signatory: D. J. Licence (Managing Director, First Trust Bank) Prefix AA to prefix KB 500000 dated 1.1.1998 .£30 £50 Prefix ZA—replacement note ........................£100 £140 NI.422b Signatory: T. McDade (Managing Director, First Trust Bank) Prefix KB 500001 to RB dated 1.5.2007 and ongoing................................— £40 Prefix ZA—replacement note. .......................£100 £140 FIFTY POUNDS NI.431 Signatory: E. F. McElroy (Group Managing Director) Prefix AD dated 10.1.1994...............................£120 £200 Prefix ZD—replacement note................................. Rare NI.432 Signatory: D. J. Licence (Managing Director, First Trust Bank) Prefix AA and BA dated 1.1.1998 .......................— £100 Prefix ZA—replacement note. ............................... Rare ONE HUNDRED POUNDS NI.441a Signatory: E. F. McElroy (Group Managing Director) Prefix AE dated 10.1.1994 ...............................£220 £350 Prefix ZE—replacement note. ................................ Rare NI.441b Signatory: D. E. Harvey (Managing Director) Prefix AE dated 1.3.1996 .................................£300 £500 Prefix ZE—replacement note. ................................ Rare NI.442 Signatory: D. J. Licence (Managing Director, First Trust Bank) Prefix AA dated 1.1.1998 .....................................— £200 Prefix ZA—replacement note. ...........................— Rare

Next month: Price Guide to Allied Irish Banks Ltd, Allied Irish Banks PLC & Bank of Ireland

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WORLD BANKNOTES Dealers write for wholesale list World’s largest stock ★ ★ ★ EDUCATIONAL COIN COMPANY Box 892 HIGHLAND, NEW YORK 12528, USA Tel: 845-691-6100

Fax: 845-691-4974

BUYING—ANY QUANTITY

Coins, Medals, Banknotes Bought, Sold & Exchanged

Clive Dennett Coins Established 1970

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79

LATEST ISSUES By our banknote correspondent, TREVOR WILKIN

DENMARK

Denmark’s National Bank (DNB) is progressively completing its latest series of notes with the issue of a 200 Kroner note on October 19, 2010. Danish bridges are common to the front and prehistoric relics to the back. This green 200 K depicts the decking of the Knippelsbro (Knippel Bridge) which is overshadowed by a shipping control tower. Located in the Copenhagen Inner Harbour it provides an essential link between central Copenhagen with suburban Christianshavn for bicycles, motor vehicles and pedestrians. Because of its location in central Copenhagen it should come as no surprise that a bridge has existed on this site for centuries providing essential connections. A wooden bridge was built in 1620 to be followed by an iron bridge in 1669 which was renewed in 1908. References seem to be a little confused from this point citing another bridge built in 1934 and the current one in 1937. Unless some calamity occurred, this does seem rather odd however several references checked are in agreement that the current bridge is the fifth to occupy the site. One Hans Knip was appointed bridge operator, caretaker and toll collector in 1641 and this bridge became known as Knippensbro. During the mid 1800’s, the name apparently morphed into Knippelsbro. A belt plate found in a bog near the town of Langstrup to the north of Copenhagen in 1880 is on the back. Dating to around 1400 BC this Bronze Age relic at some 28mm is the largest, fully preserved belt plate to have survived from the era. Belt plates were worn by women of standing as an adornment. The design upon it has fertility implications; such items were important in the Bronze Age. A map is also on the back showing the respective positions of Langstrup & Copenhagen. Security includes the watermark of a Viking long boat and an electrotype of denomination numeral. There are two security threads, a traditional embedded type and a very modern motion thread in which elements move when the note is tilted. A metallic image of the belt plate is at the bottom left on the front of the note which bursts into a kaleidoscope of colours when the note is angled. Generally there are two signature combinations on DNB notes; to date I have only seen the 200 K signed by Governor Torben Neilsen and Head of Banking Services, Lars Gerrild Sorenson.

NICARAGUA

On about September 20, 2010 Banco Central de Nicaragua (BCN) released a polymer 50 Cordobas to commemorate its 50th anniversary. Some six million were printed and it complements the regular paper 50 C. It has a vertical format and both current 50 C’s are violet and green which of course helps to avoid confusion. BCN’s original head office in the capital Managua features on the front in place of examples of traditional pottery which appear on the horizontal formatted paper counterpart. A gold “50 Anos” (50 years) at top right provides part of the commemorative text. It is augmented by a detailed window in which appears to be a special BCN 50 th anniversary logo based on the traditional BCN logo (which is an adaptation of the national coat of arms) and is surrounded by a wreath and the inscription “Banco Central de Nicaragua Fundaco en 1960”. On the back is the Somoto Canyon, the same image which appears on the paper 50 C adjusted for a vertical format. This canyon occupies some 170 hectares with stunning rock formations; the green and violet image does not do them justice. In 2004 a team of Czech and Nicaraguan scientists discovered perhaps the most remarkable of these formations thought to be over five million years old and which has since been declared a national treasure. In addition to the window described above, there are two other windows (one pink and one clear) in the shape of the Sacuanjoche flower, the national flower of Nicaragua. Other security includes a latent image of “BCN 50” which may have double conotations and a raised triangle at bottom left on the front to assist the visually impaired (the same Braille mark appears on the paper 50 C). Under ultra violet light, the serial numbers fluoresce in different colours (the horizontal serial in red and the vertical in gold), the signature fluoresces in gold and a gold box containing the denomination numeral “50” appears against the lower floors of the BCN building. UV features are confined to the front. BCN President Antenor Rosales Bolaños signs each note with his name and title printed below his signature as is the case for all notes of the current series.

Trevor Wilkin can be contacted at: PO Box 182 | Cammeray | NSW 2062 | Australia | Telephone/Fax ++61-2-9438-5040. Email: trevorsnotes@bigpond.com | website www.polymernotes.com

80

Coin news

Please see Trevor Wilkin’s advert on page 75

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April 2011

April 2011

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81

Strap

COIN CLINIC Do you have a numismatic item that is causing you problems, baffling your friends or perplexing your relatives? If so, simply send us a photograph, rubbing, drawing or other image with a clear description of the item and we will put it to our panel of experts. If our panel is able to answer your query, the response will be published in a forthcoming edition of the magazine. Please do not send coins or medals through the post as things can easily go astray. Please note, we are not able to offer valuations, only identifications! (Items may not be shown actual size however size will be given if known).

Q

Q

W. Marsh sent us images of the G. Kent Smith contacted us coin below asking if we could seeking information about this provide any information about it. token in his possession.

Q

F. Chapman asks if we are able to assist him with the identification of the coin below.

Coin not actual size

A

This is a “Mark Mason’s Penny”—more often referred to as a “Mark”. It is a masonic penny (with the symbolic square and compass depicted on the face of the coin), which would have been given as a keepsake at masonic ceremonies.

A

Howard Simmons has identified this as a silver rupee of the Indian State of Mewar (in Rajasthan in Northern India). Although dated 1927, they were made a few years later in 1931–32. This was actually the first milled coin for the state and the design is a depiction of the fort at Udaipur.

A

Howard advises us that this is a fractional rupee coin—probably an eighth rupee or 2 Annas from the Central Indian State of Hyderabad. The date is only partially visable on the coin but is probably 1307 AH (1890).

Please email your query to abbey@tokenpublishing.com or write to the address on page 1.

ATS Bullion Ltd

Dealers in Bullion & Modern Coins Suppliers of Gold Coins & Bars for Investment 2 Savoy Court, STRAND, London WC2R 0EZ Tel: 020 7240 4040

Fax: 020 7240 4042

e-mail: bullion@atslimited.fsnet.co.uk Website: www.atsbullion.com Open Mon – Fri 9.30 – 4.30pm Contact us for friendly advice whether you are buying or selling.

Website: www.atsbullion.com

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Coin news

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April 2011

WE ARE ALWAYS KEEN TO PURCHASE CHOICE COINS, ESPECIALLY: British, USA, Australian We will purchase single items or complete collections and can travel anywhere to view at short notice. If you have coins, medallions or banknotes you wish to sell, please contact us at the address below. Knightsbridge Coins (S. Fenton) 43 Duke Street, St James’s, London, SW1Y 6DD, UK Telephone: 020 7930 7597/8215/7888 Fax: 020 7930 8214

The only coin dealer with membership of all four Numismatic Organisations April 2011

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April 2011

DEALERS LISTS AIREDALE COINS, PO Box 7, Bingley, W. Yorkshire BD16 1XU. Modern coins. ANCIENT & GOTHIC, PO Box 5390, Bournemouth, BH7 6XR. December List No. 264—Coins and antiquities. ANGLO SAXON COINS, PO Box 38444, London SE16 2WF. List 1– Anglo Saxon coins. A. H. BALDWIN & SONS LTD., 11, Adelphi Terrace, London WC2N 6BJ. Fixed coin price. ARGHANS, Unit 9, Callington Business Park, Tinners Way, Moss Side, Callington, Cornwall, PL17 7SH. List 4 of Caribbean banknotes. STEPHEN J. BETTS, 4, Victoria Street, Narborough, Leicester LE19 2DP. List T&M 26 world coins. BARRY BOSWELL, 24 Townsend Lane, Upper Boddington, Daventry, Northants NN11 6DR. Extensive lists of banknotes of world notes. JAMES & C. BRETT, 17 Dale Road, Lewes, Sussex, BN7 1 LH UK. List 10 of world coins. STEVE BURKINSHAW, 19 Oak Lodge Road, High Green, Sheffield, S35 4QA. Hammered and milled . CAMBRIDGESHIRE COINS, 355 Newmarket Road, Cambridge, CB5 8JG. Coins and accessories. NIGEL CLARK, 28 Ulundi Road, Blackheath, London SE3 7UG. List of 17th c. tokens. COINCRAFT, 45 Great Russell Street, London WC1B 3LU. “The Phoenix”. Large newspaper-style list of coins, banknotes, books, etc. COINS HISTORIC, PO Box 5043, Lower Quinton, Stratford upon Avon CV37 8WH. Email: sales@ coinshistoric.co.uk. Catalogue No. 1 of Ancient coins available. COLIN COOKE, PO Box 602, A l t r i n c h a m , WA 1 4 5 U N . Hammered/milled coinage. M. COESHAW, PO Box 115, Leicester LE3 8JJ. 14pp illustrated list available of coins and collectables. CNG, 14 Old Bond Street, London W1S 4PP. 11pp list of numismatic books. COMPAGNIE GENERALE DE BOURSE, 46 Rue Vivienne, 75002, Paris. Billets 58—160pp of French and World Notes. DAVID CRADDOCK, PO Box 3785 Camp Hill, Birmingham B11 2NF. British coins for sale. IAN DAVISON, PO Box 256, Durham DH1 2GW. 18pp list available— Hammered and milled coins dating from 1066–1910. April 2011

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DEI GRATIA, PO Box 3568, Buckingham, Bucks, MK18 4ZS. Coins and antiquities. CLIVE DENNETT, 66 Benedicts Street, Norwich NR2 4AR. Shop open 9.30am to 4.30am. Closed Thurs & Sun. List of banknotes. DORSET COIN CO. LTD, 193 Ashley Road, Parkstone, Dorset BH14 9DL. Lists of: British coins; world banknotes; gold coins. J E A N E L S E N , Av e n u e d e Tervueren, 65, Brussels, 1040, Belgium. List 255—ancient, medieval, modern and oriental coins. GK COINS LTD, 17 Hanover Square, London, W1S 1HU. List No. 5. British and world coins. GALATA, The Old White Lion, Market Street, Llanfyllin, Powys SY22 5BX. 130 pp of books. B. GOULBORN, PO Box 122, Rhyl LL18 3XR. Lists of English coins and notes. IAN GRADON, PO Box 359, Durham DH7 6WZ. Internet list— world paper money. ANTHONY HALSE, PO Box 1856, Newport, S. Wales NP18 2WA. Winter List—12 pages of English, foreign coins and tokens. MUNTHANDEL.G.HENZEN, Po s t b u s 4 2 , N L- 3 9 5 8 Z T Amerongen. Tel: +31 (0) 343430564. Email: info@henzen.org. List 221, world coins. List 216, Dutch coins. ALVIN HOUSE, 4 Carpenters’ Terrace, Martock, Somerset, TA12 6HF. British coins. IRISH BANKNOTES, PO Box 99, Kells, Co. Meath, Ireland. 16 Page list containing Irish banknotes. www.irishpapermoney.com. R. INGRAM, 206 Honeysuckle Road, Bassett, SO16 3BU. 2011 List 88 of hammered, milled, modern British coins. DMITRI KHARITONOV, Gen. Janousk a 900, 19800 Praha 9, Czech Republic. Email: kharitonov@volny.cz. Russian banknotes. FRITZ RUDOLF KüNKER, M ü n z e n h a n d l u n g Gutenbergstrasse 23, 49076, Osnabrück. List No. 195. World coins, ancient to modern. K & M COINS PO Box 3662, Wolverhampton, WV10 6ZW, or 07971 950246. British and World coins and tokens. Please email: for details: mickbagguley@hotmail. co.uk. KLEEFORD COINS, 42b Shop Lane, Nether Heage, Belper, Derbyshire DE56 2AR. List available, email: kleeford@btinternet.com.

LIGHTHOUSE (Duncannon Partnership), 4 Beaufort Road, Reigate, Surrey RH2 9DJ. 24pp colour catalogue of coin accessories. LINDNER, 3a Hayle Industrial Park, Hayle, TR27 5JR. 60pp. catalogue of accessories. MANNIN COLLECTIONS LIMITED, 5 Castle Street, Peel, Isle of Man IM5 1AN. September colour list of Isle of Man banknotes. GIUSEPPE MICELI, 204 Bants Lane, Duston, Northampton NN5 6AH. British and Foreign coins medals and books. TIMOTHY MILLETT LTD. PO Box 20851, London SE22 0YN. www. historicmedals.com. Historical medals (£10, refundable on purchase). PETER MORRIS, PO Box 223, Bromley BR1 4EQ. List No. 12 Banknotes; No. 8 Foreign coins, world coins, books; No. 56 British coins; No. 37 medals. COLIN NARBETH & SON LTD, 20 Cecil Court, Leicester Square, London, WC2N 4HE. 28pp list of world banknotes available. W. A. NICHOLLS, PO Box 44, Bilston, West Midlands, WV14 6YX. List of English coins. NOMOS AG, CNG, PO Box 479, Lancaster, Pensylvannia 176080479. 2011 Winter/Spring list of 126 numismatic items. NOTABILITY BANKNOTES, Email: info@notability-banknotes.com. World notes. GLENN S. OGDEN, 53 Chestnut Cresc, Culver Green, Chudleigh TQ13 0PT. List No. 49. 18pp 19th/20th c. English coins. ROGER OUTING, PO Box 123, Clayton West, Huddersfield HD8 9WY. List 18 consists of 36 pp list of cheques, banknotes , banking memorabilia. PETERCOINS, PO Box 46743, London SW17 0YF. Regular lists of low cost British Coins. MARK RASMUSSEN, PO Box 42, Betchworth, RH3 7YR. Winter List 20—English/world coins. RODERICK RICHARDSON, The Old Granary Antique Centre, King’s Staithe Lane, King’s Lynne, PE30 1LZ. 18pp. Hammered & milled. Please write for current list to the above address. F. J. RIST, PO Box 4, Ibstock, LE67 6ZJ. 2011 Winter list of ancient & early English coins. CHRIS RUDD, PO B ox 222, Aylsham, NR11 6TY. March 2011 list 116 16pp of Celtic coins. Liz’s List No. 51—Celtic coins—all under £200.

SALTFORD COINS, Harcourt, Bath Road, Saltford, BS31 3DQ. Six lists per year of coins, tokens & medallions. Postal only. SIMON CHESTER COINS.COM. List of milled coins available. STUDIO COINS, 16 Kilham Lane, Winchester, Hampshire S022 5PT. Numismatic list no 84. THE COLLECTOR’S BAY, 18 Ross Road, Wallington, Surrey SM6 8QB Tel: 0775 925 3127. Email: jamesking@thecollectorsbay. co.uk . Produc ts and coin accessories. THE LONDON COIN COMPANY LTD, PO Box 57635, London NW7 0DS. British & world coins. www. thelondoncoincompany.com. MICHAEL TRENERRY, PO Box 55, Truro, TR1 2YQ. (March/April) Ancient and hammered coins and tokens. JOHN WELSH, PO Box 150, Burton on Trent, Staffs, DE13 7LB. 16pp list of British coins. D. S. WELTON, 13 Monmouth Road, Harlington, Dunstable, Beds, LU5 6NE. List 21—8pp of British Coins. PAM WEST, PO Box 257, Sutton, Surrey SM3 9WW. 20pp list Irish notes. JOHN WHITMORE, P O B ox Teynham Lodge, Chase Road, Upper Colwall, Malvern, Worcs WR13 6DJ. TIM WILKES, PO Box 150, Battle, TN33 0FA. Winter List No. 11, medieval/Islamic coins. WORLD TREASURE BOOKS, PO Box 5, Newport, IOW PO30 2JG. List 24. 18pp Shipwreck material. D . YA P P , P O B o x 4 7 1 8 , Shrewsbury Mail Centre, SY1 9EA. 11pp list of banknotes of the world is available now.

DEALERS

Please send your current list to Token Publishing Ltd, Orchard House, Duchy Road, Heathpark, Honiton, Devon EX14 1YD Coin news

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Diary dates FAIRS

DATE

EVENT

CONTACT

March 20

The Britannia Medal Fair

The Carisbrooke Hall, The Victory Services Club, 63/79 Seymour Street, London

 01404 46972  www.tokenpublishing.com

April 3

Wolverhampton Fair

Social Club, Church Road, Bradmoor, Wolverhampton

 07971 950246

South Coast Coin & Medal Show

The Pavilion, Southampton University, Wide Lane Sports Grounds, Eastleigh, Hants

 07890 764452

April 6

Coin Fair

Stowmarket Football Club, Bury Road, Stowmarket

CLICKCOLLECT  01485 578118 (David James)

April 9

Michael Hale Collectors Fair

Methodist Community Centre, Silver Street, Nailsea

 01761 414304

East Grinstead Fair

Large Parish Hall, D La Warr Road, East Grinstead

 01342 326317

Maastricht Spring Paper Money Fair

Polfermolen, Valkenburg, Plenkertsraat 50

 + 49 2821 7116699  www.papermoney-maastrict.eu

April 9–10 April 10

April 14–17 April 16

Cheltenham Fair

The Regency House, Gloucester Road, Cheltenham

 01452 501098

Midland Coin Fair

National Motorcycle Museum, Bickenhill, Birmingham

 01694 731781

Chicago International Coin Fair

Crowne Plaza O’Hare, Chicago

 www.cicfshow.com

Cardiff Fair

City Hall, Cardiff

 01792 415293

Little Clacton Coin & Stamp Fair

Youth & Community Centre, Parish Fields, Plough Corner, Harwich Road, Clacton

 01255 862087

April 16–17

Numismata International Coin Fair

Congress Centre of The Reed Fair, Vienna, Austria

 +49 0 89 26 83 59  www.numismata.de

April 17

Dublin Coin Fair

RDS Ballsbridge, Dublin

 +00 353 86 871 4880 (Mike Kelly)

Yeovil Fair

Westlands Leisure Comple, Westbourne Close, Yeovil

 01749 813324

April 20

Coin Fair

Stanway Football Club, New Farm Road, Colchester

CLICKCOLLECT  01485 578118 (David James)

April 23

Michael Hale Collectors Fair

America Hall, Pinhoe Exeter

 01761 414304

April 24

Wakefield Fair

Cedar Court Hotel, Denby DaleRoad, Calder Grove, Wakefield

 01522 644681

DATE

AUCTIONS

VENUE

LOCATION

AUCTION

CONTACT

March 29– April 3

Baltimore

The 2011 Baltimore Auction—World and Ancient Coins and Paper Money

STACKS, BOWERS & PONTERIO  +1 949 253 0916  www.bowersandmerena.com

April 4

London

Auction 48—Important Islamic Coins

MORTON & EDEN  020 7493 5344 www.mortonandeden.com

Zurich

Auction 58—The Restelli Collection

NUMISMATICA ARS CLASSICA  + 41 44 261 1703  wwwarsclassicacoins.com

April 5

Zurich

Auction 59—Greek, Roman and Byzantine Coins

NUMISMATICA ARS CLASSICA  + 41 44 261 1703  wwwarsclassicacoins.com

April 7

Hong Kong

Coin Auction 50—World Coins and Banknotes

BALDWINS 020 7930 9808 www.baldwin.co.uk

April 9–10

Newcastle

82nd Numismatic Auction

B. FRANK & SON 0191 413 8749 www.b-frank-and-son.co.uk

April 12

Croydon

Numismatic Auction

CROYDON COIN AUCTIONS  020 8656 4583  www.croydoncoinauctions.co.uk

London

The Laurance Pope Collection of Bank of England Errors and world currency

SPINK  020 7563 4044  www.spink.com

April 13

Warwick

British and Foreign Coins and Banknotes

WARWICK & WARWICK  01926 499031  www.warwickandwarwick.com

April 13–14

London

World Currency

SPINK  020 7563 4044  www.spink.com

April 20

Leominster

Coin Auction

BSA AUCTIONS  01568 610620  www.birmauctions.co.uk

Malton

Coins, Banknotes and Tokens

BOULTON & COOPER  01653 696151  www.the-saleroom.com

Dublin

Dublin Coin Auction

 +00 353 86 871 4880 (Mike Kelly)

London

Coins and Banknotes

BONHAMS 01666 502200 www.bonhams.com

Further information—As details can change after we have gone to press, please check details with organisers before setting off

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Coin news

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April 2011

COIN FA I R

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(New Name, Same Location)

16-22 Great Russell Street London WC1 3NN

Admission £2.00 Dealers in English, Foreign, Ancient, Antiquities, Tokens, Medallions and Banknotes

May 7th 2011 (9.30 am - 2.00 pm)

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87

SOCIETIES

Diary dates DATE

VENUE

April 2

Please call for Venue Details

“The Douglas Photo Archive”

THE BANKNOTE SOCIETY OF SCOTLAND  01382 542423 Email: bnss2006@ntlworld.com

Swarthmore College, Woodhouse Square, Leeds

“The Origin of the Stirling Weight Standard” by R. Tye

YORKSHIRE NS  01977 682263

St Martin’s Church Hall, Erith Road, Barnehurst, Bexleyheath, Kent

Annual General Meeting

BEXLEY COIN CLUB  020 8303 0510

The Albert Hotel, Victoria Lane, Huddersfield

“Toy Money” by I. Dowthwaite

HUDDERSFIELD NS  01484 866814

Abbey Baptist Church, Abbey Square, Reading

“Market Tokens” by Stuart Adams

READING COIN CLUB  01753 516390  www.readingcoinclub.co.uk

April 4

SUBJECT/EVENT

CONTACT

Nursery Inn, 258 Green Lane, Heaton Norris, Stockport

“In Search of Professor Andre” by Peter Crummett

SOUTH MANCHESTER NS  0161 432 2044

Please call for Venue Details

Society Auction

SOUTH WALES & MONMOUTHSHIRE NS  02920 561564

Fairtykes Arts Centre, Billet Lane, Hornchurch

“500 years of Counterfeit Coins and Tokens” by Gary Oddie

HAVERING NS  07910 124549

The Edward Wright Room, Beaufort Community Centre, Beaufort Road, Southbourne, Bournemouth

Coach Trip to the Ashmolean Museum, Oxford

WESSEX NS  020 7731 1702

The Eagle & Child, Maltkiln Lane, Bispham Green, Ormskirk

“Myths and Monsters on Ancient Coins” by Dr Keith Sugden

ORMSKIRK & WEST LANCS NS  01704 531266,  www.numsoc.net

Wallace Humphrey Room, Shelthorpe Community Centre, Loughborough

“Local 17th Century Token Coinage Including Unrecorded Finds of Leics and Notts” by Chris Grainger

LOUGHBOROUGH COIN AND SEARCH SOCIETY  01509 261352

Please Call for Venue Details

“Hertfordshire Archives” by Dr Isobel Thompson

HARROW COIN CLUB  020 8952 8765

The White Horse, The Street , Trowse, Norwich

“Recent Coin Finds from Norfolk” by Adrian Marsden

NORWICH COIN & MEDAL SOCIETY  01603 408393

Crewe Memorial Hall, Church Lane, Wistaston, Crewe

“The Battle of Verdun: February–December 1916” by Alan Robinson

CREWE & DISTRICT COIN & MEDAL SOCIETY  01270 569836

Highfields Fire Station, Hassocks Lane, Beeston, Nottinghamshire

Auction of Members’ Duplcates

NS OF NOTTINGHAMSHIRE  0115 925 7674

April 13

RAF Association, Eric Nelson House, 16 Bewick Road, Gateshead

Society Meeting

TYNESIDE NS  01661 825824

April 14

Fry Social Club, Keynsham.

“Newport and the Chartist Rising of 1839” by Noel and Alan Cox

BATH AND BRISTOL NS  07793 905035

Please call for Venue Details

Monthly Meeting

BEDFORDSHIRE NS  01234 870645

Woodside Hall, 26 Glenfarg Street, Glasgow

Annual General Meeting and Auction

GLASGOW & WEST OF ENGLAND NS  01292 265419

Ely House, Ely Place, Dublin

“A Miscellany of Medals” by Jonathan Maguire

NS OF IRELAND. Email: derekkerins@msn.com

Chelmsford Museum, Moulsham Street, Chelmsford

Annual General Meeting and Exhibition

ESSEX NS  01277 656627

Nursery Inn, 258 Green Lane, Heaton Norris, Stockport

Challenge Cup Quiz

SOUTH MANCHESTER NS  0161 432 2044

The Raven Inn, Poulshot, nr Devizes, Wiltshire

“Tradesmen’s Tokens of Devizes” by W. W. Underwood

WILTSHIRE NS  01380 828453

The St James Centre, Stadium Way, Pinhoe, Exeter

“Medals” by Jim Wooley

DEVON & EXETER NS  01395 5688830

C. A. B., 19 Tower Street, Ipswich

Society Auction

IPSWICH NS  01473 728653

St Paul’s Centre, Chapel Road, Worthing

“Evolution of British Coinage” by David Powell

WORTHING & DISTRICT NS  01634 260114

Small Hall, Surbiton Library, Ewell Road, Surbiton, Surrey

“Carausius revisited: the Latest Research on the Coins of the First British Emprire” by Hugh Williams

KINGSTON NS  020 8397 6944

April 26

Belsize Community Centre, Celta Road, Peterborough

Members Displays for the Society’s Shields followed by a Card Game

PETERBOROUGH & DISTRICT NS  01733 567763

April 28

The Warburg Institute, Woburn Square, London

“Vikings and Churchmen: coinage in 10th Century York” by Megan Cooch

BRITISH NS  020 7563 4045

Room 301, Sylvia Young Theatre School, 1 Nutford Place, London

“The National Bank of Scotland” by Michael Brill

IBNS (LONDON BRANCH)  020 8641 3224

April 5

April 7

April 11

April 12

April 15

April 18

April 20

April 21

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88

Coin news

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April 2011

SEMI-DISPLAY ADVERTISING Raise the profile of your business with an entry in this section— generous discounts available (see page 95 for details) Coins For Sale Roman, Celtic, English Hammered Coins, 17th Century Trade Tokens Write or telephone for a free copy of our large sales catalogue in which almost every item offered is illustrated.

Michael Trenerry

PO Box 55, Truro, Cornwall TR1 2YQ Tel: 01872 277977

Fax: 01872 225565

COINS

A Comprehensive selection of British Coins New list available now

K. B. COINS

50 LINGFIELD ROAD, MARTINS WOOD, STEVENAGE, HERTS SG1 5SL TEL: 01438 312661

I re l a n d 4 0 Pa g e N e t Pr i ce L i s t N ow Ava i l a b l e Irish Hammered, coinage of the Great Rebellion, Irish coppers, Silver Gun Money, Free State coinage Proofs and Morbiducci Patterns, Irish Art Medals and Irish Paper Money.

Del Parker

Email: irishcoins2000@hotmail.com

1-206-232-2560, PO Box 7568, Dallas TX 75209, USA See us at: Coinex, Dublin Fair & Simmons Fair, Baltimore & NYC Inc

PETER MORRIS 1 STATION CONCOURSE, BROMLEY NORTH BR STATION, KENT Open: Monday to Friday 10am–6pm Closed Wednesday Saturday 9am–2pm and other times by arrangement Write for free copy of latest coin list: FREEPOST (no stamp needed) PO BOX 223, BROMLEY, KENT BR1 4EQ Telephone 020 8313 3410 Visit our web site: www.petermorris.co.uk E-mail: coins @petermorris.co.uk

GLENN S. OGDEN

PO Box 57635, London, NW7 0DS

FAX: 01438 311990

Specialists in Buying and Selling Modern, Gold and Silver Coins from the UK and Around the World.

UK Freephone: 0800 085 2933/Int Tel: +44 208 343 2231 Email: sales@thelondoncoincompany.com Visit our Secure On-line Shop on www.thelondoncoincompany.com

GLENELY COINS

British, Roman and Ancient Greek Coins Bought and Sold

Please see my website: www.glenelycoins.co.uk Tel: 01793 750307 Email: chris_kellow@hotmail.com 73 Ladymead, Cricklade, Swindon, Wilts SN6 6EP

COINOTE www.coinote.co.uk

Shop @ 74 Elwick Road, Hartlepool TS26 9AP

Open: Sun, Mon, Tues & Thurs

Coins, Banknotes, Stamps & Accessories Also at Stockton Market—Wednesday Chester Le Street Market—Saturday Tel: 01429 890894 • Mob: 07889 119363

MOORE ANTIQUITIES 01243 824232 07850 037091 www.mooreantiquities.com moore.antiquities@virgin.net WANTED AND FOR SALE:

Bronze Age, Celtic, Roman, Saxon, Viking, Medieval & later coins & artefacts up to 18th Century • Whole collections or single items purchased • Unit 12, Ford Lane Industrial Estate, Ford, Nr. Arundel, West Sussex BN18 0AA

English coins, send for a FREE list

53 Chestnut Crescent, Culver Green, Chudleigh TQ13 0PT Tel: 01626 859350 Mobile: 07971 709427 Email: glenn@gillianogden.wanadoo.co.uk www.glennogdencoins.com

– VALDA COINS – Separate lists of English coins for beginners to established collectors. Send for your free copy. EVANS, 80 Aberfan Road, Aberfan, Mid Glam CF48 4QJ Tel: 01443 690452

R.P. COINS

COINS, BOOKS, CATALOGUES & ACCESSORIES Bought & Sold. Please visit our website -

www.rpcoins.co.uk or call Rob Pearce on 07802 713444, fax 0161 798 7428 RP Coins, PO Box 367, Prestwich, Manchester, M25 9ZH

ON SALE NOW

Superb selection of Roman, British, Hammered & Milled coins. Gold, Silver, Copper & Bronze. For your FREE copy of our monthly list, please apply to:-

W. A. Nicholls

01430 879060 / 07905 467650 Specialists in Modern Gold and Silver Proof Coins and Sets Visit our e-shop and order on line at www.weightoncoin.co.uk

PO Box 44, Bilston, West Midlands WV14 6YX. Tel: 01543 452476

BRITISH COINS FOR SALE Crowns to fractional farthings. Copper and bronze specialist. Some foreign. DAVID CRADDOCK PO Box 3785, Camp Hill, Birmingham B11 2NF Tel/Fax: 0121 773 2259 Send for free list

DORSET COIN COMPANY LTD Dealing in British Coins, Sets, Proofs, Foreign Coins and Banknotes. Send for latest list

193, Ashley Road, Parkstone, Poole, Dorset BH14 9DL. Tel: 01202 739606

FORMAT

Although we specialise in foreign coins, we also buy and sell British

Format

Second Floor, Burlington Court, Lower Temple Street, Birmingham. Tel: 0121 643 2058 Fax: 0121 643 2210

HUGE FREE LISTS

English Hammered and Milled coins

023 - 8032 - 4258

206 Honeysuckle Road, Soton SO16 3BU

www.coinsandtokens.com ANTHONY HALSE

A large selection of coins from budget priced date fillers to coins for the advanced collector. Send for a free list of English, Foreign and Tokens PO BOX 1856, Newport South Wales, NP18 2WA 01633 413238

Dealers—to advertise on this page, please complete the form on page 95

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Subscribe to COIN NEWS and receive the digital version free of charge. Simply call 01404 44166 or log on to:

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Colin Narbeth & Son Ltd 20 Cecil Court, London WC2N 4HE Paper Money Dealers Visit our Web site at: http://www.colin-narbeth.com A wide range of notes on offer

Catalogue Request: 00 353 86 8714880

Buying and selling for over 20 years

01223 503073

Email: sales@johnnewmancoins.com Tel: 01903 239867. Mobile: 07814 793312 www.johnnewmancoins.com

APRIL 20, RATHMINES, DUBLIN Coins, Banknotes, Tokens, Medals

www.cambridgeshirecoins.com

Coins Wanted. Gold-Silver-Copper-Collections. Over 5,000 Coins for sale on-line. Coin Trays – Capsules – Albums – Books.

Buying and selling English hammered coins, British milled coins and British tokens. Meet me at the fairs. Large ebay stock.

DUBLIN COIN AUCTION

info@cambridgeshirecoins.com

BRITISH BANKNOTES

Probably the biggest selection in the UK, mostly high grades. BRADBURY to LOWTHER Free up to date computer listing. Tel: 01736 871263 Trebehor, Porthcorno, Penzance, Cornwall TR19 6LX

A list of forthcoming auctions can be found on page 86 LONDON COINS AUCTION Next Auction: Keep a look out for details! • Viewing arrangements now include Saturday & Sunday • NEW Catalogue format available • Call us or check out our new website for more information

LONDON COINS

4 - 6 Upper Street South • New Ash Green • Kent • DA3 8JJ Tel: 01474 871464 • Email: info@londoncoins.co.uk • Website:www.londoncoins.co.uk

F. J. RIST

London Meetings now held at:

For a comprehensive catalogue of Ancient Greek, Roman, Judaean, Parthian, Sasanian, Byzantine, Early British, European and Crusader Coins, please write or telephone for a free copy F. J. Rist, Po Box 4, Ibstock, Leics LE67 6ZJ Tel: 01530 264278

Room 301 Sylvia Young Theatre School 1 Nutford Place off Edgware Road London W1 5YZ

www.ibnslondon.org.uk Chairperson Pam West Email: pamew39@aol.com

Coins Wanted

UNIVERSAL CURRENCY COIN EXCHANGE

Buying Swiss 80%, Can 80% and Ireland 80% Contact: Universal Currency Coin Exchange, UCCE, PO Box 57648, Mill Hill, NW7 0FE Tel: 07831 662594 E-mail: uccedcp@aol.com. www.coinsonline.co.uk

A Free list of World and British banknotes is available from

D. YAPP PO Box 4718, SHREWSBURY, SY1 9EA Tel: 01743 232557 www.david-yapp.com

Arghans

World banknotes – sensible prices

List from Arghans, Unit 9, Callington Business Park, Tinners Way, Moss Side, CALLINGTON PL17 7SH. Tel: 01579-382405 e-mail: keithp44@waitrose.com

MATT HOOD MEMORIAL COIN AUCTION Postal auction with monthly catalogues

UK, Foreign & Ancient Coins Tokens, Medals, Banknotes, etc

For a free catalogue contact: Tim Barna, PO Box 335, Lyndhurst, Hants SO40 0DA. Tel: 07833-692956 mhmca@hotmail.co.uk

Medallions

CHARLES RILEY COINS & MEDALS

IAN GRADON WORLD NOTES Banknotes bought and sold. Bulk lots, collections and single items wanted. Tel: 0191 3719 700 email: ian@worldnotes.co.uk website: www.worldnotes.co.uk

Coin Shops

Ye Olde Banknote Shoppe

We stock a huge range of Banknotes and Coins from UK and around the World, also Tokens and Medals, Roman & Celtic and a host of other collectables. View our current catalogue online at

Roger Outing PO Box 123 Huddersfield HD8 9WY Tel: 01484 860415 rogerandliz@banknotes4u.co.uk www.banknotes4u.co.uk Specialising in British banking history: cheques, books, banknotes and all banking memorabilia

www.oldbanknoteshop.co.uk

Contact email: jim@oldbanknoteshop.co.uk

British Notes Buying/Selling

Quality British Notes

Pam West, PO Box 257, Sutton, Surrey. SM3 9WW Tel/Fax: 0208 641 3224 Email: pamwestbritnotes@aol.com www.britishnotes.co.uk

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Coin news

Professional Numismatist since 1990 Coins and medallions bought and sold PO Box 733, Aylesbury HP22 9AX Tel: 01296 747598 email: charles.riley@virgin.net

www.charlesriley.co.uk

An invitation to view our website

www.pdmedallions.co.uk • • • •

Buy historical medals on line. British, European, World medals available. Browse through our current stock. Regular up-dating of items for sale.

We buy single or collections of medals.

Accessories

Auctions/Fairs/Societies World Paper Money Fair 2011 NEW VENUE Bloomsbury Hotel 16–22 Great Russell Street London WC1B 3NN

Fri Sep 30th 10-6pm Sat October 1st 10-4pm www.wpmf.info email: enquiries@wpmf.info Sponsored by Spink

A wide range of Numismatic accessories are available online from

www.tokenpublishing.com www.tokenpublishing.com

April 2011

THE WEB PAGE Increase the traďŹƒc to your site with an entry in this section. All entries are hot-linked in the digital issue so new collectors are just a click away! See page 95 for details.

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Coins

www.coincraft.com British coins, World coins, British banknotes, World banknotes, Roman coins, Greek coins, antiquities, medallions, supplies, Edward VIII bought and sold.

www.oldbanknoteshop.co.uk Huge on-line range of coins and banknotes. View our current catalogue on-line at www.oldbanknoteshop.co.uk

www.tokenpublishing.com The one stop shop for all your collecting needs plus latest news and much, much more. Log on now to www.tokenpublishing.com.

www.chards.co.uk

View our stock on-line. Vast selection from Roman to modern. Exclusive gold site and many collector items. Proofs and bullion. Many special offers. Links to all other Chard websites

foreigncoin.com Over 4,000 certiďŹ ed coins

www.coinsofbritain.com

Lloyd Bennett. A good selection of British coins from

www.gilliscoins.com Ancient coins, Greek, Celtic, Roman, Byzantine, Saxon, Viking, English, Irish, Scottish, Tokens. Antiques as before including Bronze-age, Iron-age, Dark-age, Medieval pottery, glass etc.

For everything you need to know about Petition Crowns log on to:

Saxon times to the present day. English hammered coinage, occasionally Celtic, Roman and Anitquities. All items illustrated and updated weekly.

www.petitioncrown.com

www.davidseamancoins.co.uk

www.ringramcoins.com

ď łSimple to use. ď łScreen sized photographs of each piece. ď łMainly British milled with a selection of hammered and good selection of maundy sets and odds.

The Biggest selection of English coins on the Web. An extensive selection of Hammered including Gold as well as a vast range of Milled from 1656 to date. 023 80324258

www.saltfordcoins.com

argentumandcoins.co.uk/

Try the rest Then try the best

www.saltfordcoins.com Irish Coins and Notes Ancient Greek & Roman Del Parker

irishcoins.com

Specialising in British milled coinage from 1662 to date ď ˇAll coins pictured on the websiteď ˇ ď ˇSecure on-line paymentď ˇ

www.cngcoins.com Classical Numismatic Group offers continuous on-line auctions of Greek, Celtic, Roman, Byzantine, Medieval British and World coins.

www.pennycrowncoins.co.uk An extensive catalogue mostly comprised of English and United Kingdom milled issues Each coin illustrated using high-quality photographs

April 2011

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91

www.denofantiquity.co.uk

www.galata.co.uk

Tel: 01223 863002 Email: thedenofantiquity@yahoo.co.uk

NUMISMATIC BOOKS, COINS AND TOKENS Books for metal detectorists and beginners a speciality. We even write them ourselves. Website updated twice weekly

Buying & Selling Ancient Coins & Antiquities

www.clickcollect-coins.co.uk We buy and sell British and Foreign coins of all ages and reigns in our easy to use website

www.wrightcoins.com

British, gold, silver and copper coins, many high grade and rare milled coins for sale, hammered also available. 01398 323211

Coins, postcards, antiques and collectables, all items photographed, updating weekly

Visit us and have a look around

www.scccollectables.com

www.downies.com

Australia’s largest coin dealer, specialising in Australian coins and banknotes, world coinage, stamps, medals and quality numismatic material. Visit our website for online shopping and free catalogue

www.weightoncoin.co.uk

COINS, BANKNOTES, MEDALS, STAMPS AND BOOKS – THE COMPLETE ONLINE SERVICE FOR THE COLLECTOR.

www.yorkcoins.com Roman, Ancient British, English, Scottish & Irish Hammerd Coins ~Professional Numismatist~

www.gbgoldcoins.com

Buyers and sellers of World and British Gold Coins—Fair prices paid for Sovereigns and Krugerrands

Coins Wanted 01223 503073

info@cambridgeshirecoins.com

www.celticcoins.com Chris Rudd sells more Celtic than anyone else worldwide. For a free catalogue phone

01263 735 007

Keep your collectables covered

www.croydoncoinauctions.co.uk Bi-monthly sales of English, Foreign and Ancient Coins, Medallions, Tokens and Banknotes. See our website for free on-line catalogue.

Antiquities

www.antiquities.co.uk Quality Ancient Coins and Antiquities

Accessories

www.David-yapp.com

Buying and selling for over 20 years Over 3,000 coins online

Free valuations without obligation on specialist collections and single coins, old accumulations, dealers’ stock, hoards and even unpopular and obscure material

Buying and selling English hammered coins, British milled coins and British tokens.

Banknotes

www.cambridgeshirecoins.com

www.warwickandwarwick.com

Specialists in Modern Gold and Silver Proof Coins and Sets Sovereigns of different dates and Mint marks always available.

www.johnnewmancoins.com

www.spink.com

Auctions

British and World Banknotes

www.David-yapp.com

A wide range of Numismatic accessories are available online from

www.tokenpublishing.com

Books www.douglassaville.com Out of Print, Secondhand and Rare Books on Coins, Tokens, Medallions, Orders, Decorations and Medals. Easy to use Website listing books for sale. All areas of the subject.

www.coincabinets.com Peter Nichols, Cabinet Makers Full range of coin cabinets available. Tel: 01424 436682. Email: orders@coincabinets.com

SPECIALIST INSURANCE

01404 4 6 9 7 2 Token Publishing Ltd | Orchard House | Duchy Road | Heathpark | Honiton | Devon | EX14 1YD | Tel: 01404 46972 | Fax: 01404 44788 | email: info@tokenpublishing.com

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April 2011

Classifieds Use the classified section to locate a rare coin, sell unwanted items, or simply exchange correspondence with other collectors— Advertising is FREE for COIN NEWS subscribers, so why not take out your subscription today! Coins for sale IRISH MILLENNIUM £1 coins. Mint, uncirculated in bank sealed bag of 20 coins. Please telephone for details: 00 35386 2475909 anytime. (06/11/03T) COLLECTOR DISPOSING of remaining collection of Proof sets. Coins of Australia, New Zealand, IOM. Bargains galore. Please contact Dr Haslam on 0151 677 5967. (06/11) HALFCROWN 1930 VG £7; florin 1932 VG £7; Shilling 1959s F £1, VF £2, EF £6. P&P £2. Please contact B. Mitchell, Piedemonte, Tong Lane, Britannia Bacup, Lancs. OL13 9XB. (06/11) FREE CATALOGUE! FREE COINS! FREE BANKNOTES! Extensive range of coins, ancient to modern, tokens, banknotes, antiquities and related items. Low to medium grades our speciality! (UK only) Contact: Dei Gratia, PO Box 3568, Buckingham, Bucks., MK18 4ZS (stamp appreciated). Telephone: 01280 848000. Email: daves@ dgcoins.freeserve.co.uk. Go to website at: www.dgcoins. freeserve.co.uk. (08/11/06T) MOUNT RUSHMORE 1991 two coin Proof set, boxed silver dollar and half dollar— £70. Please telephone: 01359 250012. (05/11) ROMAN, CELTIC, ENGLISH HAMMERED AND BRITISH COINS BEFORE 1895 for sale and wanted—ring anytime or write for mail order sales catalogue, or visit our stall at antiques fairs in the South. Ancient & Gothic, PO Box 5390, Bournemouth, BH7 6XR. Tel: 01202 431721. Established 1977. (01/12/12T) UNITED KINGDOM proof sets, coinage of Great Britain and Northern Ireland 1970 to 1977. Offers. Tel: 01359 250012. (04/12) NEW COIN DEALER IN CHEDDAR. Down to earth coins and notes at down to earth prices. Twentieth century circulated coins bought and sold. CLOUD “9”, 4 Queen’s Row, Cheddar Gorge. 01934 744679. (10/11P)

ELIZABETH II Royal Mint proof sets 1971–2005. Offers. Tel: 01234 306580 (Bedford). (12/12) MAUNDY SETS 1904, 1905, 1914, 1915 UNC toned in red dated boxes. Excellent condition. 01473 414646. (04/12) UNITED KINGDOM Proof sets, 1970 to 1977. Offers, please tel: 01359 250012. (03/11) PRESTIGE NUMISMATICS the place for all types of p r e m i u m Wo r l d c o i n s . Customer satisfaction i s o u r p r i o r i t y. w w w. prestigenumismatics.com. prestigenumismatics.com (05/11/02T) WORLD COINS: Medieval a n d m o d e r n . To k e n s , Countermarks, Jettons, medallions etc. SAE for latest list to: Stephen Betts, 4 Victoria Street, Narborough, Leicester LE19 2DP. (12/11/06T) M E R L I N S O F GODALMING, Bridge Street, Godalming, Surrey. Celtic, Roman, hammered, milled. 01483 426155. Sorry no lists. (05/11/12T) US COINS National Park quarters, State quarters, Presidential dollars, NAD dollars, Kennedy halves, Lincoln cents, Proof sets, etc. Mark—01924 255738. Email: mbrook218@aol.com. (05/11) PETERCOINS—your local coin shop on the net! Selling a wide range of British coins. Please visit www.petercoins. com. Please send an S.A.E. for list to: PO Box 46743, London, SW17 0YF. (11/11/12T) FREE ENGLISH—FOREIGN LISTS. Crowns to farthing fractions. Proof—BU sets. Maundy odds. Banknotes. Tel: 01709 526697. (10/12/24T) FLAWS & ERRORS— broken dies: 1799 No I & A. Broken die half penny. 1890 thick flan, thin flan Vic. Penny—one coin. 1949 (E) Shilling 10% off centre. 1992 one penny with a bulge “one off”. Tel: 07516 728246. (03/11) ENGLISH AND UK COINS. Please ask for list— G. Ogden, 53 Chestnut Crescent, Culver Green, Chudleigh TQ13 0PT Tel: 01626 859350. (12/11/12A)

A N C I E N T A N D HAMMERED COINS PLUS CLASSICAL ANTIQUITIES for sale. Large display at The Ginnel Antiques Centre, Harrogate. Odyssey PO Box 61, Southport, PR9 0PZ. Tel: 01704 232494. (08/11/06T) ANCIENT GREEK AND ROMAN COINS. Free catalogue. Great for beginners and budget minded collectors. For more information please contact T. Barna, PO Box 335, Lyndhurst, SO40 0DA. Email: tbarna_andsonuk@hotmail. com (09/11/06T) BRITISH COI NS FREE LIST of inexpensive coins plus details of free gift. Des Welton, 13 Monmouth Road, Harlington, Dunstable, Beds, LU5 6NE, or email: des.welton@ntlworld.com. (06/11/06T) WORLD AND BRITISH COINS. Send for a free list. James & C. Brett, 17, Dale Road, Lewes, Sussex BN7 1LH. Web list from jc.brett@ btinternet.com. (06/11/06T) EARLY ENGLISH MILLED: The most extensive date range available anywhere. 1658–1967 Farthings—Gold virtually every date. For a free list tel: 023 80324258, write to 206 Honeysuckle Rd, Southampton SO16 3BU, e-mail: info@ ringramcoins.com, website: w w w. r i n g r a m c o i n s . c o m . (10/11/12/A) 17TH CENTURY—Joseph Lake-Bourne, Beds 26a or Lincs 41—has anyone seen a specimen since Boyne? Reward offered for information leading to a photograph! Contact Gary Oddie, telephone: 01480 210992 or goddie1@hotmail. co.uk (03/11) SP ASIMI, selling BRITISH MILLED coins 1662 – 1946. Visit our cabinet at: THE EMPORIUM, 112 High Street, HUNGERFORD, Berkshire RG17 0NB, 01488 686959. (01/12/12T) 19TH AND 20TH CENTURY world coins including some silver. Superb variety. 1kg £15, 5kg £60 (post paid). Please contact: I. Raja, 65-67 Stamford Street, Bradford, BD4 8SD. (05/11)

Coins Wanted

AUSTRALIAN PRE-1966 S I LV E R A N D C O P P E R C O I N S WA N T E D . Te l : 0794191 9686 or email: mc@guanomondo.com. (09/11/06T) BUYING PRE-47 SILVER AT 18x face; Call/write for latest price. Buying obsolete but redeemable banknotes/ coins of Switzerland, Ireland, Germany & most other countries. Collectable coins/ tokens wanted. Taylor, 4 Sherwood Avenue, Ruislip, Middlesex HA4 7XL. 01895 638885. (06/11/06T) SPANISH COINS IN GOLD AND SILVER, especially “COBS”. (Portuguese and Dutch coins also wanted), Contact: Beachcomber Trading Company (BTC) PO Box 8, Newport, Isle of Wight, P030 5JW. Tel: 01983-740712, or fax: 01983 740800. (04/11/12T) £3,000 for the rare Royal Mint error of 2008. The One penny (Royal Shield) with the Queen’s head upside down! Tel: 07587 103617. (05/11) BUYING PRE-47 SILVER 18x FACE, PRE-20 30x FACE. USA Pre-1965 10 cents to 1$ £5 per $. CANADA Pre-1965 £4 per $. Wanted REDEEMABLE NOTES of Cyprus, Greece, Italy, Malta, France, Belgium, Portugal. COINS/NOTES of Spain, Germany, Ireland, Austria, Switzerland. Taylor, 4 Sherwood Avenue, Ruislip, Middx. HA4 7XL. Please telephone 01895 638885. (05/11/06T) BLACK CAT COINS. Buying English Milled coins. Gold, silver, copper, bronze, proof sets, Maundy money. We are located in the Oxfordshire area and can arrange a home visit to you at your convenience. Telephone: 01844 279832 or email: blackcatcoins@live. co.uk. (12/11/12T) B R I TA N N I A A S O F HADRIAN (BMC 1174) wanted in high grade (GVF or above). Any reasonable price considered. Care of Lawrence Chard 521 Lytham Road Blackpool. 01253 342081. (RTC)

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Coins Wanted S E T O F 1 2 S I LV E R C O M M E M O R AT I V E MEDALS— The English Civil War, issued by The Royal Mint, circa 1992. Email: mauricebull@btinternet.com. (04/11) WANTED COACHING token issued by Rich. Hopkins at The Red Lion, Luton, Beds. Please telephone: 07903 027117 or 07930 670555. (03/11) WANTED 1950 PENNIES. Must be choice BU. Please email: michaelpuig@hotmail. co.uk. (03/11) BUYING PRE-47 silver at 16x face and pre-1920 at 26x face. Also buying any gold coins. Please telephone 0121 604 1680. (08/11) BUYING USA SILVER DOLLARS PRE-1935. Paying £10 each for VF+. Silver half dollar 1964 or earlier £4 each for VF+. Taylor, 4 Sherwood Avenue, Ruislip, Middx. HA4 7XL. Tel: 01895 638885. (04/11/03T) PRE-1947 SILVER coins wanted. 15x face paid, pre1920 20x face. Please telephone with details: 07879 865 118. (08/11/12T) 1845 PENNY wanted. Please contact Paul Hughes, email: helpahughes@yahoo.co.uk. (03/11) PRE-47 & PRE-20 silver wanted. Also modern 925 silver crowns or ingots. Top prices paid. Contact: 01935 824878. (12/11/12A)

WORLD AND BRITISH gold coins wanted. Fair prices paid. Please call 07917 160308. (07/11/06A) SHIPWRECK COINS, any wreck, any quantity. Also shipwreck auction catalogues. BTC, PO Box 8, Newport, Isle of Wight, PO30 5JW. 01983 740712. Fax: 01983 740800. (04/11/12T) BRITISH COINS wanted by collector. Almost anything considered. Phone Chris on 01793 750307/07739 426194. (05/11/12T) WANTED DONATIONS OF BRITISH or foreign coins, banknotes. Please send to to Dogs for the Disabled, The Frances Hay Centre, Blacklocks Hill, Banbury, Oxen OX17 2BS. Charity No: 1092960 (05/11/12C) REGISTERED CHILDRENS CHARITY 295732. Require donations of coins, tokens, banknotes, anything saleable. Please send to W. E. Cornish, 70 Downham Gardens, Tamerton Folit, Plymouth PL5 4QF. (02/12/12C) 1892 GREAT BRITAIN. All uncirculated coinage required. Highest prices paid. Details to wmg.1923@tiscali. co.uk. (03/11) IRISH EIRE FARTHINGS 1928 to 1940 £3 each paid for circulated undamaged. Please contact Bill Seawright, 42 Rosscoole Park, Belfast, BT14 8JX, postage refunded. Telephone: 02890710115 or email: e.m-b.sitrac@gmail.com. (06/11)

COLLECTORS Why not advertise your unwanted coins in the classified section— Simply complete the form below DANZIG WANTED. High grade coins 1923 onwards. Top prices paid. Email: wmg.1923@ tiscali.co.uk. (12/12) 2009 MAUNDY SETS OR COINS WANTED. Fair prices paid. 0118 9860906. (06/11) SHILLINGS WANTED— Uncirculated 1839 WW ESC1280, 1841, 1848/6 (EF or better) or 1895 small rose. Send details/price required to got.a.bob@gmail.com. (06/11)

Banknotes

W O R L D W I D E BANKNOTES AND COINS at great prices. Please visit: www.collectorscurrency.com or email: bruce.tupholme@ gmail.com. (04/11/12T) QUALITY BANKNOTES from the British Isles & Commonwealth. Visit www. notability-banknotes.com, or email: info@notabilitybanknotes.com. (09/11/06A)

Cheques & Ephemera

Are you interested in collecting Old Cheques, other Financial Instruments or Banking Ephemera? Then why not join the British Banking H i s t o r y S o c i e t y. P l e a s e telephone Keith for more info: 020 83605665. (11/11)

Miscellaneous COUNTERFEIT COIN CLUB, new members welcomed. Details” CCC, 8 Kings Road, Biggin Hill, Kent, TN16 3XU. Tel: 01959 573686, or email: kenvoy@hotmail. co.uk. (04/11) SINCERE COLLECTOR EXCHANGES coins, banknotes, stamps. Refereces available. Free numismatic literature, coin auction catalogues. Please send details to: Antonios Filippou, 24 Tsalouhidi Str. 54248, Thessaloniki, Greece. (04/11) O LY M P I C GAMES MEMORABILIA WANTED. Medals, diplomas, badges, pins, programmes, tickets, posters, souvenirs etc. Details to: Strom, Drottninggatan 90 A, 111 36 Stockholm, Sweden. Tel/Fax: +46 8 600 3452 (5/11) TYNESIDE NUMISMATIC SOCIETY: Meeting second 2nd Wednesday every month. New members welcome. If you collect coins, banknotes, cheques, etc., please telephone 0191 258 2042 or 01661 825 824. (05/11) NZ AND AUSTRALIAN postcards wanted to buy. Phone: 0794 1919686. (09/11/06T) A wide range of numismatic books and coin accessories are available from

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Directory Section Advertisers Index ABC Coins and Tokens.................................... 52 Airedale................................................................ 19 Argentum............................................................ 58 ATS Bullion Ltd................................................... 82 Allgold Coins ......................................................41 Baldwins Auctions......................................13, 28 R. P. & P. J. Beckett............................................. 63 Birchin Lane Gold Coin Company.............. 37 Yves Blot............................................................... 52 BNTA.........................................................................4 Bonhams.............................................................IBC Barry Boswell...................................................... 66 Boulton & Cooper..............................................41 B. S. A. Auctions................................................. 58 Cambridge Coins & Jewellery...................... 35 Cambridgeshire Coins.....................................41 Chards................................................................... 23 The Celator.......................................................... 65 CNG........................................................................ 57 Coincraft............................................IFC, 7, 35, 77 Collector’s World.............................................. 55

Colin Cooke............................................................5 Croydon Coin Auctions.................................. 86 Paul Davies Ltd...................................................12 Paul Davis Birmingham Ltd........................... 63 Clive Dennett..................................................... 77 Dix Noonan Webb............................................ 70 Dorset Coins....................................................... 65 Roger Dudley..................................................... 77 The Duncannon Partnership........................ 37 Educational Coin Company.......................... 77 Christopher Eimer.............................................11 Format................................................................... 47 B. Frank & Son..................................................... 47 GB Gold Coins.................................................... 35 GK Coins............................................................... 19 Goulborn.............................................................. 21 Ian Gradon........................................................... 66 A. D. Hamilton.................................................... 65 History in coins.................................................. 91 IAPN........................................................................ 14 R. Ingram Coins................................................ 8, 9

Richard Jeffery................................................... 58 K. B. Coins............................................................. 32 Kate’s Paper Money......................................... 66 Kleeford Coins.................................................... 63 Knightsbridge Coins........................................ 83 Lindner.................................................................. 55 The London Coin Company................... 18, 91 Maastricht Fair................................................... 69 M. A. Shops.......................................................... 57 Midland Coin Fair.............................................. 87 Monk Fairs........................................................... 87 Morton & Eden......................................................3 Peter Morris......................................................... 52 Colin Narbeth & Son Ltd................................ 66 NGC.........................................................................17 Notability............................................................. 75 Numismatica Ars Classica.............................. 48 Orpington Coins & Medals............................ 37 Penny Crown Coins.......................................... 55 David Pratchett.................................................. 58 Roderick Richardson....................................... 32

Royal Mint................................................. 25, OBC Chris Rudd..............................................................2 Safe Albums........................................................ 19 Douglas Saville ................................................. 57 Silbury Coins....................................................... 40 South Coast Coin & Medal Show................ 87 Spink........................................................ 78, 79, 81 Stack’s, Bowers & Pontario............................ 82 St James’s Auctions...........................................15 Token Publishing.............................................. 84 Treasure Hunting.............................................. 52 Michael Trenerry Ltd........................................41 Warwick & Warwick......................................6, 26 Weighton Coin Wonders............................... 65 Westminster Auctions.................................... 29 Wakefield Fair..................................................... 87 West Essex Coin Investments......................44 Tim Wilkes............................................................ 32 Trevor Wilkin....................................................... 75 York Coins............................................................ 82

Online advertisers A F BROCK & CO LTD www.afbrock.co.uk A H BALDWIN & SONS LTD www.baldwin.sh ABC COINS AND TOKENS www.abccoinsandtokens.com ALLGOLD www.allgoldcoins.co.uk AMR COINS www.amrcoins.com ANTIQUE ENGLISH COINS www.ringramcoins.com ANTIQUITIES & COINS - NIGEL MILLS www.nigelmills.net DEN OF ANTIQUITY www.denofantiquity.co.uk B. FRANK & SON www.b-frank-and-son.co.uk

BRITISH COINS www.predecimal.com CELTIC COINS www.celticcoins.com CHARD www.chards.co.uk CHARLES RILEY COIN AND MEDALS www.charlesriley.co.uk COINCRAFT www.coincraft.com COINOTE SERVICES www.coinote.co.uk LANCE CHAPLIN www.shaftesbury.com COINS OF BRITAIN, LLOYD BENNETT www.coinsofbritain.biz

COLLECTORSCURRENCY.COM www.collectorscurrency.com COLONIAL COINS AND MEDALS www.coinmedalshop.com.au CONSTABLE COINS LTD www.constablecoins.com DAVID SEAMAN www.davidseamancoins.co.uk DIX NOONAN WEBB www.dnw.co.uk DOUGLAS SAVILLE www.douglassaville.com F J JEFFERY & SON LTD www.collectable-coins.net GLENN OGDEN www.glennogdencoins.com HADRIAN ROMAN COINS www.hadriancoins.com

J B J COINS www.jbjcoins.dk LIBERALITAS www.liberalitas.co.uk MA SHOPS www.ma-shops.com MARK RASMUSSEN www.rascoins.com MONETARIUM www.monetarium.com.au OLD BANKNOTE SHOP www.oldbanknoteshop.co.uk PRECIOUS METALS AND COINS EXCHANGE www.pmcex.com RODERICK RICHARDSON www.roderickrichardson.com SIMMONS GALLERY www.simmonsgallery.co.uk

STUDIO COINS www.studiocoins.net THE LONDON COIN COMPANY LTD www.thelondoncoincompany.com THE RARE COIN COMPANY www.rarecoin.com.au THE SCOIN SHOP www.scoinshop.com TIM MILLETT www.historicmedals.com TIME LINE ANTIQUITIES www.time-lines.co.uk TIME LINE ORIGINALS www.time-lines.co.uk WARWICK AND WARWICK www.warwickandwarwick.com WEIGHTON COIN WONDERS www.weightoncoin.co.uk

The above advertisers are detailed on our online Dealer Directory—to find out more about them go to www.tokenpublishing.com

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