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In this issue A tribute to the canoe on Canadian coinage

PUBLISHING FOR COLLECTORS SINCE 1983

Incorporating BANKNOTE NEWS

COIN

NEWS

31

ISSN 0958-1391

May 2011 Volume 48 No. 05 Formerly Coin & Medal News incorporating Coins & Medals, Irish Numismatics, and Banknote News Published monthly by Token Publishing Ltd.

31 AInsight tribute to the canoe on

Canadian coinage The history behind a recurring theme

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 Manager Alyson Thomas Executive Assistant Janis Thatcher Production Assistant Abbey Becow Accounts Controller Jackie Taylor Editorial Consultant John Pearson Andrew

Detector’s notebook 35 Coins from a Roman settlement Researching finds

Spotlight 39 The Elizabeth II Coronation

Crown Marking the dawn of the second Elizabethan Age

41

Collector’s notebook Classical influence Finding the origins of coin motifs

Interview 44 William & Catherine’s special

day An interview with Mark Richards, the man behind the Royal Wedding Commemorative coin

Background 47 The life and times of Sweden’s platemoney The intricacies of Sweden’s numismatics

Viewpoint 51 America’s largest coin year collection?

A focus on 1933

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

Front cover: An interview with Mark Richards, the man behind the Royal Wedding Commemorative coin—see page 44.

Medallic miscellany 55 Birmingham celebrates

Marking the 1911 Coronation

Back to basics 68 Replacement contagion

Searching for the meaning in numbers

Banknote feature 73 Carlisle Banks

English banking in the shadow of Scotland

Paper facts 76 On the note

Hand signatures on notes of the Royal Bank of Scotland

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 Coin Clinic .......................................................... 60 Price Guide to PENNIES................................. 62 Coin of the month ........................................... 64 Competition ...................................................... 67 Banknote News ................................................ 71 Price Guide to NORTHERN IRELAND .............. 77 New issues banknote update...................... 80 Letters .................................................................. 82 Dealer Lists......................................................... 85 Diary dates ......................................................... 86 Semi-display adverts ...................................... 89 The Web Page ................................................... 91 Classified advertising ..................................... 93

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

Who are we…?

T

HIS month’s cover features the new Royal Wedding Crown, and within the pages of the magazine you will find an interview with the designer of that Crown, Mark Richards. For those of you who collect new issues such an interview will be of great interest—to those of you who aren’t seduced by the offerings of the Royal Mint or similar it probably won’t appeal that much. In fact for those of you who collect ancients, Celtic, Hammered or even early milled, the sparkle and glitz of the new issues market is probably something you have little time for and find that these new-fangled alloy pieces just aren’t for you, instead you prefer the purity of a numismatic item from history; you aren’t interested in a coin because it’s a little piece of metal used to buy something, you are interested in it because of its position in history. You’re a coin collector because coins are the most tangible evidence of an historical period that fascinates you and undoubtedly you surround yourselves with other items from that era too. Your home is a shrine to the Roman Republic, a tribute to the Celtic kings, a hallowed ground dedicated to the moneyers of the dark ages. Or maybe not. Undoubtedly some of you will have enhanced your collections with additional pieces from the era when your coins were minted, it is a period of history you will have an interest in and know something about and probably will have found a Roman lamp or Celtic amulet caught your eye at a fair or at auction and you can imagine that the person who used/wore it may very well have used some of the coins that now reside in your collection. But still more of you won’t have gone down that route, you will have coins, coins and more coins and nothing but. Not for you the wonderful antiquities you see at shows these days, you aren’t interested in anything other than the coins and that is fine but it does rather make me wonder just who we coin collectors are.

On the continent new issues are big business, they always have been, and the queues every year at the Dublin Coin Fair for the latest offering from the Irish Banks show that our cousins in the Emerald Isle have caught the new issue bug too. In the US the States quarters programme has caught the imagination of the public and has proved so popular it has been extended with a new programme covering National Parks and other areas. In the UK the new issues market has always been a little bit “different” from other areas of numismatics with many purists never dreaming of buying a modern coin or reading an article on one. Now that’s fine, if you’re a Roman or Greek collector, then a modern coin won’t sit well in your collection—any more than a collector of old photographic postcards would want a 2011 colour picture sitting in his album—but I have never quite understood the active dislike some seem to have for modern coinage or the aversion some people have with even acknowledging they are part of numismatics. If you are one of those collectors who collects “Roman” and has the lamp, the artefacts, the jewellery, the maps and everything and anything to do with Rome alongside his coins, then I can accept that modern crowns are going to be of no interest and you can gloss over the article on the Royal Wedding Crown with no censure from me whatsoever—Rome is your theme and coins are just part of it. However, if you are simply a collector of coins then may I suggest that you take a look at that article, and similar. Look a little bit more closely at other periods of history, other minting techniques and other types of coins because it is coins you are interested in and the new issues, regardless of whether you approve of them or not, are simply the successors to what you already own. New issues aren’t totally different products from the items that reside in your collections, they are simply different versions of them and really do deserve your attention, if not your devotion. Reading an article on how coins are minted now, how designs are worked on and rendered on today’s coinage may well give you a valuable insight into your own side of the hobby and you may well find it more rewarding than you ever thought possible. The reverse, of course is true too, maybe even more so. If you are a new issues collector determined only to look at the coins minted in your lifetime then I implore you to look further afield, don’t ignore everything pre-decimalisation, don’t turn your nose up at those coins made by hand rather than a machine. Reading up on hammered pennies, Celtic gold and Athenean owls might not be something you would normally do readily but take some time to delve back in history a little and you will be amazed how the coins of yesterday have shaped your collection today. The simple fact is if you are a “coin collector” rather than someone purely interested in an historical period, then the more you know about JOHN W. MUSSELL coins, from whatever era, the more rewarding and fascinating your hobby will be.

Group Managing Editor

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News & views Secured for Somerset

T

HE FROME HOARD, the amazing hoard of Roman coins found by metal-detectorist Dave Crisp in April last year, has been secured by the Museum of Somerset, the county where it was unearthed (see “Detecting Treasure: The Frome Hoard”, COIN NEWS, September 2010). The Hoard, the largest ever collection of Roman coins found in Britain in one pot, has been on display at the British Museum while the Museum of Somerset has been busily fund raising the £320,250 it needed to keep it in Somerset. The fund raising campaign saw a mixture of public donations and applications to organisations such as the Art Fund and The National Heritage Memorial Fund. Steve Minnit, Head of Museums at Somerset County Council, said he was “absolutely delighted”. The Museum is currently undergoing a £6 million revamp and the hoard will go on display there once works have been completed in the summer. The money used to purchase the hoard will, as per the terms of the Treasure Act, be split between the finder, Mr Crisp, and landowners Geoff and Anne Sheppard.

Gold mohur restruck

C

O-INCIDING with the success of Peter Thompson’s book The East India Company and its coins, published by Token Publishing Ltd, the Royal Mint have produced an outstanding collector’s edition of the EIC’s famous gold mohur. Inspired by the original mohur struck in 1835, the new coin is dated 2010 and carries the well-known symbol or merchant’s mark of the East India Company on the obverse with the lion and palm tree design from the original coin on the reverse. Just 1,000 examples of the mohur have been struck in 22 carat gold, weighing 11.66g and with a diameter of 26mm, to highest proof standard. For further details of this issue contact the Royal Mint Sales Department on 0845 60 88 222 or visit the website www.theeastindiacompanygold.com. Copies of the book are still available from Token Publishing Ltd, telephone 01404 44166 or visit www.tokenpublishing.com.

Major gold exhibition

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HE world-renowned Goldsmith’s Hall in London is to be the venue for the Goldsmith’s Company major landmark exhibition being organised to take place next summer. Opening on June 1 and running until July 28, 2012, the exhibition will be the most comprehensive and and ambitious ever staged, featuring many of Britain’s unique treasures from museums and collections across the country. Over 400 items dating from 2,500 BC to the present day will be on display at this once in a lifetime exhibition of international importance—“Gold: Britain’s Glorious Riches” is an event worth putting in the diary now to ensure the opportunity is not missed.

Delights from Downies

V

ARIETY and quality are always the bench mark for sales held

by Downies of Australia and their next auction is no exception. Held on July 5–7 consignments include everything from rare medals to choice coins and even unusual pieces of sculpture. Lots that particularly caught our eye are the three items illustrated here: the Lord Anson Medal 1747 in gold by Pingo (est. A$2,000), an excellent example of a NSW Holey Dollar (est. A$15,000) and a NSW Dump of 1813 (est. A$5,000). Also featured is an example of the much sought-after 1940 HMAS Sydney Medal with a very reasonable estimate of A$1,500 as well as a good selecrtion of rare banknotes. For catalogue details contact Downies at PO Box 888, Abbotsford, Victoria 3067, Australia (www.downies.com). (

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Coin news

Loss of Liberty

O

N March 31, 2011, a US court sentenced Bernard von NotHaus, private producer of the “Liberty Dollar”, to 15 years in prison and a fine of $250,000. The company’s stock of gold valued at $7 million was also confiscated.

The Liberty Dollar was the currency of a private community and was made of precious metal backed by gold. Since 1998 this currency had been issued and used within the community. Bernard von NotHaus, inventor of the Liberty Dollar explained that the notes and coins of this currency were numismatic objects or medallions enabling barter among the members of his community. US government agencies did not agree and meted out a harsh verdict against him.

He was condemned for counterfeiting while the FBI labelled him a “domestic terrorist”!

(Item courtesy of coinsweekly.com)

Far East treat

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OLLECTORS of Japanese and Korean coins will be in for a treat in September when Heritage Auctions sell the fabled collection formed by Dr Norman Jacobs, arguably the greatest expert on the series and author of the first English-language book on Japanese numismatics. The sale will take place at the Long Beach coin show but much of the collection will be available to view at various events around the world long before the sale. More details are available from Heritage, 3500 Maple Avenue, 17th Floor, Dallas, Texas 75219-3941, USA, by visiting their website www.HA.com or by telephoning 001-800-872-6467. www.tokenpublishing.com

May 2011

News & views Clockwise: from left: Neil Paisley of Colin Cooke Ltd takes time out of the busy ofďŹ ce to attend the show; the Paul Daviesâ&#x20AC;&#x2122; stand â&#x20AC;&#x153;mannedâ&#x20AC;? by wife Kath and brother-in-law Phil enjoyed a sun-lit corner of the room; Derek Glover â&#x20AC;&#x153;thrilledâ&#x20AC;? to have his photo taken! and Cambridge Coinsâ&#x20AC;&#x2122; impressive display.

Sunny Harrogate

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ORKSHIRE already has its fair share of good coin shows with Eddie Smithâ&#x20AC;&#x2122;s monthly Leeds show and the twice yearly York Racecourse event always popular. The annual two day spring Harrogate Coin Fair at the Old Swan Hotel isnâ&#x20AC;&#x2122;t perhaps as busy as the other two but nevertheless it is now an established feature on the numismatic calendar and continues to attract dealers and collectors from across the country. Harrogate itself is a beautiful town and well worth the trip in its own rightâ&#x20AC;&#x201D;combining it with a coin fair is an added bonus. For some reason the event always takes place on a gloriously sunny weekend and the 2011 show was no exceptionâ&#x20AC;&#x201D;a particular bonus as the show is held in the â&#x20AC;&#x153;Garden Roomâ&#x20AC;? of the hotel, a glass and steel â&#x20AC;&#x153;conservatoryâ&#x20AC;? construction that allows visitors to view coins in natural light as opposed to the ďŹ&#x201A;uorescent bulbs weâ&#x20AC;&#x2122;re so often used to in venues. If you havenâ&#x20AC;&#x2122;t visited the fair before mark next yearâ&#x20AC;&#x2122;s date in your diary nowâ&#x20AC;&#x201D;it is being held on Friday and Saturday, March 26â&#x20AC;&#x201C;27, 2012 . . . and if you canâ&#x20AC;&#x2122;t make it, plan a picnic, itâ&#x20AC;&#x2122;s bound to be sunny!

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News Strap & views Native American dollar

T

HE Great Comet of 1811 was first seen during the war between the United States and the American Indian Confederacy led by the charismatic Shawnee leader Tecumseh and was thence nicknamed “Tecumseh’s Comet”. To celebrate the centenary of its sighting the Shawnee tribe have issued a silver dollar coin similar to those they have legally issued since 2002 and which are marketed by Panda America. For more information visit www.PandaAmerica.com/Shawnee.

SOCIETY SOCIETY NEWS NEWS

ON March 18 the Essex Numismatic Society heard Megan Gooch from the Tower of London speak on “The Viking coinage of York”. Megan started by giving a brief resume of Viking activity in Essex and East Anglia before concentrating on their coin-making activities which were centred on York. She emphasised that, whilst some design features could be traced to recent Anglo-Saxon designs, there was much evidence of original artistry. The talk was illustrated with slides and was followed by the usual question and answer session. The Society’s May meeting will be in the Chelmsford Museum at 7.30pm on Friday, May 27, when Rory Naismith of the Fitzwilliam Museum will be speaking on “Coinage in Southern England circa AD 750–865”. Visitors are always welcome and for further details visit www.essexcoins.org.uk or call Bob Thomas on 01277 656627.

AT the British Numismatic Society (BNS) meeting on May 24, Admiral John Myres will give a paper entitled Arctic and Polar Medals: rewards to the brave, the foolhardy and the shivering. The paper will tell the story behind the three series of British medals that have been awarded to polar explorers from 1818 to the present day. It remarks on some of the intrepid people who have received them.

The talk will be followed by the Spring Reception for members and their guests.

To find out more about the BNS log on to www.britnumsoc.org.

THE 2011 Token Congress will be held at the AA Metropole Hotel in Llandrindod Wells on the weekend of September 23–25. As always, a packed programme of events is planned. Also, looking ahead, plans are already in hand for the 2012 Congress at the Hilton Hotel in Northampton on the weekend of October 5–7. So put the dates in your diary and visit the Token Corresponding Society website at www.tokensociety.org.uk for more details.

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Coin news

IN BRIEF Our regular Euro-correspondent David Addey advises that there has now been a change to the mintmark on the Euro coinage of France: the cornucopia has been joined by a pentagon bearing the initials AGMP. THE latest list from Celtic specialist Chris Rudd, No. 116, features 50 lots of delightfully detailed coins for sale along with an informative article by John Talbot on the coinage of the Iceni.

To find out more about subscribing to Chris’ lists log on to www.celticcoins. com or telephone Liz Cottram on 01263 735 007.

CANADIAN $1 and $2 coins will be subject to a make-over if the Royal Canadian Mint has its way. It plans to switch to steel-plated blanks and opt for laser etching and edge lettering for improved anti-counterfeiting measures.

ONE of the stars of the Heritage Auctions March 17–20 Signature event at the Sacramento Convention Centre was an 1796 half dollar which made $207,000 including 15 per cent Buyer’s Premium. To find out more about the prices realised go to www.

HA.com.

THE latest list from Stephen Betts is the most comprehensive he has produced, covering coins, tokens, countermarks, jettons and medallions. To obtain a copy telephone 0116 286 4434.

www.tokenpublishing.com

May 2011

May 2011

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News Strap & views Rarities at auction

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ELBOURNE, will be the setting for International Auction Galleries of Australia’s rarities sale. Held on June 2, the sale is being heralded as one of the most significant numismatic events in Australian auction history. A lot generating a great deal of interest is the finest known circulation penny of 1930 (left)—last seen at auction in 1987 and currently estimated at £275,000.

A specimen Proof 1914H florin, one of only three known, has also been consigned with an estimate of £135,000. A large selection of gold items is also on offer including an impressive James I Rose gold ryal, one of the best examples seen and estimated at £30,000. A number of old collections have returned to the market with far too many individual gems to mention here suffice to say this is a sale not to be missed.

Catalogues (Sale 74) will be available from May onwards and can be downloaded at www.iagauctions.com or write to IAG, PO Box 1380, Broadbeach, QLD, 4218, Australia.

Birmingham Mint moves

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FTER its apparent demise and sale of its main premises in 2003 the Birmingham Mint was snatched from oblivion by Birmingham City Council who entered into a deal with two companies to keep part of the operation going. Now the Mint, which was first established in 1794, has moved to Kidderminster in Worcestershire where the company already has an office. The Mint are at present engaged in producing numismatic souvenirs of the Royal Wedding and Managing Director Angus Law assures us that the name is safe as “The Birmingham Mint is known throughout the world and to change the name would be quite stupid for us”.

Number one auction

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ENTRAL London is the chosen location for Westminster Auctions’ very first sale. Held at The Savoy Hotel on May 1, a healthy number of coins has already been consigned in part due to the generous 0% seller’s commission. Notable items include Commonwealth and James I unites, 1681 Elephant & Castle crown and halfcrown, 1746 proof crown, a collection of rare Victorian coins including 1839 and 1841 halfcrowns, 1854, 1862 and 1863 florins and an 1850 shilling. You don’t have to be in the room to bid either as the sale features “live” bidding with the-saleroom.com.

For viewing details and full venue address see the main advert on page 7 or contact proprietor Chris Taylor on 01362 638045 or email info@westminsterauctions.com.

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ANA official

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HE American Numismatic Association which will hold its annual World Fair of Money on August 16–20 in Chicago, has appointed Stacks Bowers Galleries as the official “Pre-show and Convention Auctioneers” for this year and for the 2012 and 2013 Conventions. The auctions will have an extensive audience since the recent amalgamation of Bowers & Merena Auctions, Ponterio & Associates and Stack’s, and already a number of major collections have been consigned. World and ancient coins can still be entered in any of the auctions provided details are received before May 16.

For more details of the auctions and for consignment arrangements contact the auctioneers at 123 West 57th Street, New York, NY 10019 or visit their website at www.stacksbowers.com.

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News Strap & views

SPOTLIGHT

New Zealand society celebrates

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HIS year marks the 80th anniversary of the Royal Numismatic Society of New Zealand and we offer them our hearty congratulations on reaching this auspicious milestone. The actual date of the first meeting was July 20, 1931 but that chosen for the celebrations is June 17/18, just ahead of this year’s Rugby World Cup. The first patron was the then Governor-General Lord Bledisloe who took a keen interest in the fledgling Society with its 17 active members.

The Society was fortunate in being able to play an important role in the introduction of New Zealand’s own first coinage in 1933 and continues to have a consultative role, maintaining informal links with the Reserve Bank and NZ Post. Today the Society, which received its “Royal” status in 1947 meets regularly on the last Wednesday of each month at Turnbull House, following the early tradition as the original meetings were held in the sumptuous Turnbull Library. The Society produces a regular newsletter for its members as well as an annual Journal, in addition the progressive website offers members a number of additional benefits.

In today’s internet era there are very few coin fairs as such in New Zealand and most trading is done via the internet but to celebrate the anniversary a fair is being organised on June 17/18, with almost all major New Zealand dealers promising to attend. Those affected by the devastating earthquake in Christchurch on February 22 are being offered free places at the fair—the first in Wellington for five years. Another part of the celebrations this year members will enjoy a walking tour of Wellington, taking in all the sites of numismatic interest, many of which have changed little since those early days. In addition to mark the occasion of the anniversary the Society have arranged for a number of the Hardie $1 banknote AAA prefix to be overprinted and a special “Challenge” commemorative coin to be issued and available at the fair.

For more details visit the Society’s website at www.rnsnz.org.nz.

Prices excel at Gorny & Mosch

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OP of the lots on offer at the Gorny & Mosch three sales over March 7 to 11, was an extremely rare aureus of Aurelian depicting the emperor riding his horse on the reverse (pictured right). The virtually brilliant uncirculated coin achieved 50,600 euros (including 15 per cent Buyer’s Premium) against an estimate of 12,000 euros. Another highlight in the sale was in the Greek section when a gold stater from Panticapaeum achieved 40,250 euros against an estimate of 25,000 euros. Across the three sales, estimates were exceeded time and time again and in total the sales realised 5.2 million euros compared with an estimated 3 million euros. The next auction week of Gorny & Mosch will be held from October 10 to 14. To find out more about the results of this auction and the details of the next log on to www.gmcoinart.de.

Record price for Swedish coin

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ARCH 17 in Osnabrück was the setting for a record breaking coin—the 6 ducat piece of Queen Christina of Sweden (pictured left, top) reached a hammer price of 260,000 euros at Künker’s auction. The estimate for the gold piece from Riga had been 30,000 euros, however, the amazing price realised on the day is considered an auction record for a Swedish coin or even a coin of the Baltic states. The coin from 1644 was described as “extremely fine to brilliant uncirculated“, and came with an impressive provenance. The second most expensive object from the Hagander Collection was the 14.6 kilograms copper plate (pictured right), part of the “Riga trove”. Estimated at 75,000 euros it was eventually knocked down for 180,000 euros. The Philip II aureus (pictured lower left) in extremely fine condition and estimated at 25,000 euros sold for a hammer price of 52,500 euro. Ancient coins as well as Russian gold and other accumulations and collections all fared extremely well during what must have been a hectic week for Künker of Germany.

For full details of this and future sales contact the auctioneers on 0049 541 962020 or log onto www.kuenker.com.

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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.

Belgian Congo 10 francs banknote dated September 10, 1937 in high grade with one fold and rare.—£275.

This was indeed a lovely note which was started at £1 attracting 18 bids from nine bidders. It was in a job lot at a provincial auction which reached a hammer price of £90. The good news for the eBay seller is that another two similar notes were included, closely viewing a run-of-the-mill mixed lot has paid off handsomely. It would be interesting if one of the two remaining notes was consigned to a traditional auction house and prices realised compared.

An exceptional opportunity to acquire a superb example of the extremely rare Edward VII 1905 florin in UNC condition.

This is a highly sought after coin, listed in Spink 3981 and ESC 923 (English Silver Coinage) with a rarity level of [R2]. Spink 2011 Coins of England catalogue suggests £1,650 in unc. However, despite this, we have commenced bidding at just one pound with no reserve.—£1,017.75.

This coin attracted 22 bids from eight bidders with the winning bid being placed with 14 minutes of the auction to go, unusually no last minute bids were placed.

It did have a few bag marks but the buyer should be happy as the seller has feedback in the 1,000s with no negatives in the last 12 months.

Imitation Regal copper half-pence token dated 1787 rare. A splendid collectable

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Coin News

example of this rare imitation Regal copper half-pence token. Obverse reads AUCTORI PLEBIS. Reverse reads R.F.INDEP : ET LIBER 1787.—£280.

The word “rare” to describe an item on eBay is greatly overused but on this occasion it was justified. This appeared to be a Post-Colonial token of Connecticut in the USA but as this was not mentioned in the listing the seller may have been pleasantly surprised by the result.

George II contemporary counterfeit halfpenny 1741, there were no genuine coins issued for this year, crude on a very thin flan, diameter of 28mm, grades near fine.—£183.

Most likely another seller surprised by the selling price of a seemingly uninteresting token. Enough collectors must have been of the opinion that it was an imitation produced in the USA for it to reach this price. I wonder if any of these valuable little pieces of copper lie unidentified in dealers’ junk boxes at coin fairs?

A superb King James II “Gunmoney” halfcrown from April 1689. Large size, laureate and draped bust facing left.

Reverse: Crown over two sceptres dividing JR, XXX above, month of issue below (Apr:) Scottish/Irish Spink: 6579N Stunning grade.—£256.56.

As these coins were emergency issues they are normally found worn and very often pitted but this one was a beauty. It attracted

an enormous 36 bids from nine bidders and it would be very difficult to find a nicer example.

Official bronze Coronation medal of 1831 for the coronation of William IV and the Queen consort Adelaide. In absolutely superb condition with no apparent wear, probably because it is still in its original silk lined box of issue. According to the Medal Yearbook, there were only 1,133 of these bronze medals struck.—£108.51.

This lovely medal which measured 3.3cm in diameter was started at £59.99 but despite this it attracted eight bids from four bidders.

This is a 1905 Edward VII halfcrown.

This is one of a number of coins which were bought in auction from the Glose collection of coins from Cornubia Hall in Cornwall in the early 1960s. Some of these coins were very expensive even back then. This is one of a vast collection of coins which I am selling off on eBay. I am not going to grade the coins as grading varies from one person to another. The coin shown in the photograph is the coin you will receive so please look at the photograph and judge the grades for yourself.—£795.

As would be expected this coin attracted the attention of collectors with 12 bidders placing 24 bids. With the obverse appearing to be in fine condition and the reverse closer to VF the seller must have been pleased with this result.

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Strap Around the World DR K. A. RODGERS

Super-sized lunar gold waxes strong China 1 kilo gold 10,000 yuan. From left: 2006 Year of the Dog sold for $162,627, 2002 Year of the Horse sold for $161,000, 2005 Year of the Rooster sold for $161,000.

Gold value of each: $38,500. (Images www.ha.com)

Perth’s 2006 $30,000 10 kilo gold Year of the Dog. Sale price: $517,500; gold value: $430,000.

(Image courtesy Stack’s-Bowers.)

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HAT recent sale by Stacks-Bowers of an Australian $30,000 10 kilo gold Year of the Dog coin for $517,500 (COIN NEWS, March 2011) led me to recall an earlier sale of large-sized lunar gold for prices well above spot.

Last August, Texas-based, Heritage Auction Galleries, announced Chinese coins had taken the top three slots in their world coin sale at Boston’s World’s Fair of Money. What made this report remarkable was that all were modern Lunar New Year coins. All were 1 kilo gold PRC 10,000 yuan. All were graded “Gem Ultra Cameo Proof” and all sold for well above the spot price of gold that was then running at about $38,500/kilo.

A Year of the Dog 2006 led the pack with a price of $162,627.

It was closely tailed by a 2002 Year of the Horse and a 2005 Year of the Rooster, both of which brought $161,000.

Each of these pieces bore the highly auspicious number 8 that made them highly desirable for any Chinese collector.

Each coin came with a numbered certificate of authenticity, as is the norm with collector issues these days, but each also had the number “008” stamped into the edge of the coin.

Today that number 8 is especially significant. Classical Flying Star Feng Shui recognizes 20 year cycles identified by numbers. Each cycle imparts different energies to one’s environment and fortune. The energies of some cycles invoke prosperity, some misfortune. At the moment we are in cycle 8. The Olympic Games opened on 8/8/8 not just because of the date but because we are in cycle 8. Hence, right now, coins specifically numbered 8 are the bee’s knees for Chinese collectors.

In addition these 10,000 yuan lunar coins came with high rarity value. The original mintage of each was 15 but rumour has it several of each have already gone into the melt pot increasing the rarity value of survivors.

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I made a rapid mental note of all the above at the time but paid little more attention to the story until the Stacks-Bowers auction in January this year. Although there may have been earlier sales of large-sized lunar bullion, this was the next of which I was aware. By the way, that 2006 $30,000 10 kilo gold Year of the Dog “gem cameo proof” was #1 from an actual mintage of 7. At the time, gold was fetching $43,000/kilo.

But there was more! Three weeks later a PRC Year of the Snake 1989 brilliant proof 1,000 yuan containing 12oz of gold took $48,194 in Spink’s Hong Kong sale. This was coin #0000173 in a mintage of 200. The gold fix on the day was $1,343/oz giving the coin a bullion value of $16,166.

Readers who find this bemusing and perhaps indicative of something odd in the lunar waters, should remember that us collectors are a funny breed. Stateside, collectors cheerfully pay 4–5 times over spot for MS-70 slabbed 2010–11 silver eagles and up to $400 over spot for MS-70 slabbed 2010–11 gold buffalos. Just have a look on eBay. While we are talking about eBay, it was here two years ago an Australian 2008 Rolf Harris $10 kangaroo 1/10th oz gold proof sold for an eye-watering $2,660. Gold was then selling for approximately $810/oz giving the coin an intrinsic value of just $81. Issue price was just twice spot A$175 and the mintage was 1,000.

There is a clear collectors’ market out there for rarer large gold—and silver—coins. If they are lunar-related and come with an “8” stamped on the side, so much the better. And, by the way, in Flying Star Feng Shui the number 5 is most inauspicious. Perhaps mints need to avoid using it on lunar coins, rather like avoiding Room 13 in hotels.

In passing, it seems many catalogues treat these larger sized gold coins with some disdain. Few bother to list them. The Krause Standard Catalog lists some but not others.

The obvious desirability of these larger issues suggests cataloguers may wish to reconsider their approach.

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Latest issues AUSTRALIA

CZECH REPUBLIC

Theme: Treasures of Australia—Pearls Mint: Perth Mint Denomination: $1 Diameter: 36.1mm (gold), 46mm (silver) Metal: Gold and silver Mintage: 65,000 Contact: Perth Mint, www.perthmint.com.au

BRITISH INDIAN OCEAN TERRITORY

Theme: Royal wedding of HRH Prince William and Catherine Middleton Mint: Pobjoy Mint Denomination: £2 Diameter: 38.6mm Metal: Silver Mintage: 10,000 Contact: Pobjoy Mint Ltd, Millennia House, Kingswood Park, Bonsor Drive, Kingswood, Surrey, KT20 6AY. www.pobjoy.com

CANADA

Theme: 600th anniversary of the construction of the astronomical clock in Prague’s old town Mint: Czech Mint Denomination: 200 Crown Diameter: 31mm Metal: Silver and cupro-nickel Mintage: 10,800 Contact: Czech National Bank, www.cnb.cz

ISRAEL

Theme: 2012 Olympics—Israeli athletes Mint: Bank of Israel Denomination: NIS 1, NIS 2, NIS 10 Diameter: 30mm (NIS 1), 38.7mm (NIS 2), 30mm (NIS 10) Metal: Silver (NIS 1 and NIS 2), gold (NIS 10) Mintage: 1,800 (NIS 1), 5,000 (NIS 2), 555 (NIS 10) Contact Coin Invest Trust, Rietstrasse 7,9496, Balzers, Liechtenstein, www.coin-invest.li

LITHUANIA

Theme: HRH Prince William Mint: Royal Canadian Mint Denomination: $15 Diameter: 36.15mm Metal: Silver and cupro-nickel Mintage: 10,000 Contact: Royal Canadian Mint, www.mint.ca

Theme: 150th anniversary of the birth of Gabriele Petkevicaite-Bite (writer and activist) Mint: Lithuanian Mint Denomination: 50 Litu Diameter: 38.61mm Metal: Silver Mintage: 10,000 Contact: Bank of Lithuania. www.lb.lt

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

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Strap & views News

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.

Elizabeth I fine sovereign T

HE fine sovereign of Elizabeth I pictured here was purchased from the London coin dealer Lincoln for the Royal Mint Museum on 9 February 1914. It is a handsome coin and is one of only two sovereigns of Elizabeth’s reign in the collection, but its significance for the Museum extends beyond the addition of a new type of Tudor sovereign.

In August 1913 William Hocking was appointed as the first Curator and Librarian of the Museum, in large part as recognition of his substantial contribution evidenced through the publication a few years before of his two-volume catalogue of the collection. His responsibility for the Museum having thus been recognised, he thought it appropriate to set up a new system of recording additions and an Accessions Register was duly established in 1914, the first entry being this fine sovereign of Elizabeth I. From that time on funds were made available for further additions under Hocking’s direction and as a result a number of rare and interesting items now have a home in the Museum.

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.

London 2012— the “public’s” 50ps

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HE next round of designs of the new 50p coins issued to celebrate London 2012 are featured in this month’s Bulletin.

The 29 new coins, struck from designs submitted by the general public, depict the sports of the Olympic and Paralympic Games This month we feature the designs for a rather diverse range of disciplines—Handball, Rowing, Sailing and the Modern Pentathlon. In next month’s issue we will feature the remaining Olympic coins struck to commemorate this important and historic event. For full details of the London 2012 coin programme and their designers write to the Mint at the address below or go to their main website at www.royalmint.com.

Working for wildlife F

OUNDED back in the swinging sixties, the World Wildlife Fund (WWF) has worked tirelessly to highlight and safeguard endangered species from around the world. To mark this important milestone in the Charity’s history, the Mint has issued a commemorative silver Proof 50p depicting a “naive” image of animals and plants under threat. The reverse design is by Matthew Dent and the incorporation of the Fund’s enigmatic Panda logo in the very centre of the coin is a nice touch.

The obverse bears the familiar portrait of Her Majesty the Queen by Ian Rank-Broadley, FRBS. Maximum coin mintage is 40,000. A portion of the purchase price will be donated by the Mint to the World Wide Fund for Nature.

Further details can be found at www.royalmint.com/ CNAPRB or call 0845 6088555.

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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Market scene Strap JOHN ANDREW

A good solid market There was one very happy vendor in this month’s round-up. Having purchased an album of banknotes at a general sale, he sold the “best” to pay for it and consigned what remained as an odd-job lot to a specialist auction house. He was a little surprised to receive a call to say that two of the notes would be offered in a single additional lot and was even more surprised when the two notes sold for a hammer price of £19,000. While there was good material on offer during the period of our review there was not a crop of choice rarities that the market currently loves. Although there was insufficient pieces to see a trend, I feel that “standard pieces” are a little soft at present.

London Coins Auctions—General Sale—March 5–6, 2011 The best place to see what is going on at an auction is from the auctioneer’s podium. The results of this sale reflect the strength of the market, but the thing that struck Stephen Lockett in his role as auctioneer is that a year or two ago the then relatively new collectors dominated the market. Today they are being consistently outbid by a new wave of players.

Traditionally the coin market always becomes more buoyant when the bullion markets are lively. As Stephen commented after the sale, “Gold and silver prices being at record-breaking levels helps the coin market, and silver recently passed the £21.50 per ounce record set in 1980”.

Apparently there seems to be an air of confidence that silver will rise even further. It is felt that the real value of silver is still low compared to its 1980 high. There is also the view that the historical ratio of 16: 1 between gold and silver being quoted as “normal” means that silver should be over £50 an ounce. At the sale this resulted in the bullion silver lots being fiercely contested. I seem to remember that in the late 1960s pre-1919 currency coin were worth a modest multiple of its face value. It was therefore interesting when “about £2” of sterling silver issues were offered described as “generally low grade, some damaged”. The lot sold for £140. Even more surprising was when a sum approaching £50 face value in pre-1947 silver (which is 500 fine as opposed to sterling) sold for £1,755.

Two English hammered coins caught my eye.

The first was a James I second coinage rose ryal with the rose mintmark for 1605–06. Described as a “strong and pleasing Good VF”, it was offered with a respectable £7,000–9,000 estimate but it failed to sell. Then there was a James I fourth bust unite with the cinquefoil mintmark for 1613–15. Apart from a striking weakness below the reverse crown and on the corresponding area on the obverse (but not as pronounced), overall the example is nearly extremely fine. Estimated at a punchy £1,500–2,000 it sold just below estimate at £1,638. This should not have been too much of a disappointment for the vendor. The English hammered silver was not particularly good and there were several passes. However, a pleasing Edward VI 1551 crown with a few minor edge nicks of no consequence, which was otherwise described as “bold GVF/VF”, sold for a respectable £3,042.

Best of the English milled gold was a 1688 second bust five guineas. Apart from a slight striking weakness below the crown above the May 2011

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English shield on the reverse, this piece that was described as having “much eye appeal”, was otherwise graded as “about VF/GF”. It sold just above estimate at a respectable £7,020. Top price in the British milled silver was for a 1934 crown.

In fact, it was a top joint price as two were offered.

Both coins had been graded by Coin Grading Service (CGS) as Unc 80, which is currently the joint finest of the nine wreath crowns so far in CGS’s Population Report. However, the coins were not the same—one was a currency issue, the other a proof. Both sold for the lower estimate of £4,680. The Coin Yearbook does not list a proof.

However, Coincraft’s 1999 Standard Catalogue did list both the currency and proof issues—at £1,300 and £4,000 respectively in Unc. Whoever purchased the much rarer proof had the better buy. It is strange how sometimes the market does not differentiate between degrees of rarity.

In the world section there was plenty of interest in the Chinese offering when a small run of 20th century silver dollars were offered.

Top price here was for a 1912 undated issue by Li Yuan-hung relating to the founding of the Republic. The variety on offer was with CIIINA instead of CHINA in the legend. Graded as 65 EF by CGS, it sold for triple its top estimate at £7,020. A US bidder who follows the Chinese market told Stephen Lockett that certain Chinese coins had increased 10 fold in the last year or two.

However, the surprise of the sale was in the banknote section. Having purchased an album of banknotes from a general furniture and paintings saleroom in the south of England, he sold what he believed to be the better notes to “get his money back”. He consigned what remained to London Coins Auction as a “job lot”. He was surprised to be contacted by the auctioneers before the sale to be told that two of the notes would be offered as a single lot with an estimate of £5,000–10,000. The remainder of the album was offered with an estimate of £50–100. Listed in the world banknotes section, it was described as containing “mixed grades and types with some higher European denominations”, it sold for £94.

The two notes that were destined to be sold as a single lot were both issued by the Malaya Board of Commissioners of Currency 1940 and feature the portrait of King George VI. One was a $1 and the other a $5, and both had low serial numbers (A/1 000128 and 144 respectively).

Additionally both were stamped in red NOT

£1,638 was paid for the James I gold unite.

Edward VI silver crown dated 1551 sold for £3,042.

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Market scene

The $5 and the $1 brought an unexpected £22,230 for their lucky owner.

LEGAL TENDER and SPECIMEN ONLY NO VALUE. The notes were accompanied by an internal memo from the Singapore branch of The Hongkong & Shanghai Banking Corporation to the bank’s Bangkok branch, together with an official envelope for the latter branch. Apart from some rust marks and multiple pinholes at left, the notes are otherwise in good extremely fine to uncirculated state. Described by the cataloguer as “extremely rare and desirable”, the lot was contested to £22,230.

The banknote section also included 186 lots of English provincial notes, including a good representation from the north. Of these 161 were

from a single collection. The market proved to be a little thin in places and there were a number of unsolds. However, thanks to press releases sent to the local media, considerable interest was generated in certain areas (for example from local museums) and several notes surpassed all expectations. For example a cancelled Bedale branch £5 of Swaledale & Wensleydale Banking Company Ltd dated 1884 was offered with its signature cut but in about fine state. It sold for £515 against a top estimate of £200. Despite the unsolds, the owner of the main collection reached his target with those that did sell.

The sale totalled £514,603.

Dix Noonan Webb—Commemorative Medals—March 15, 2011

The Monmouth Execution medal sold for £2,880.

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This sale began with the offering of the collection of British commemoratives formed by David Corrick over 42 years. The 2,000-plus medals were offered in 284 lots and realised £84,858. David had a passion for history but the trigger for becoming a collector was an article in Coin Monthly in 1967 and the chance purchase of a copy of a 1937 Illustrated London News that had an article on the Coronation medals for that year. By the time David started his careeer in banking in 1971, he was already a subscriber to Spink’s Numismatic Circular and Seaby’s Coin & Medal Bulletin.

Bulletin Highlight of the early medals was a silver medal by R. Arondeaux of 1685 that marked the execution of the Dukes of Monmouth and Argyll.

Monmouth was an illegitimate son of Charles II and was living in exile in Holland when James II came to the throne. In 1685 he sailed to England, landed at Lyme Regis in Dorset (where there were many Protestant supporters) and laid claim to the throne. There was to be a simultaneous rebellion by the Duke of Argyll in Scotland. Needless to say, it all ended in tears and the two aristocrats were beheaded at the Tower of London.

Monmouth’s execution is famous for being the most botched beheading undertaken at the Tower. The executioner was the bungling Jack

Kelch who was from all accounts not up to the job. Arriving on the scaffold, Monmouth picked up the axe asking Kelch if it was sharp enough.

He begged him to expedite his demise giving him six guineas with a promise for the same sum again if he succeeded (how that was to be paid is a flaw in the story). This unnerved Kelch and the first blow just grazed the Duke’s neck.

Having refused a blindfold the Duke turned and stared at Kelch, who became even more nervous. After a further two failed attempts, the executioner threw down his axe and offered 40 guineas to anyone in the crowd “to finish the job”. The Sheriff of Middlesex, who was officiating at the execution, threatened Kelch with the death sentence if he did not complete his duty. Following a further two unsuccessful blows, the executioner finished the Duke off with a knife. Having undergone this indignity, there was yet more for the Duke to endure. His family retrieved the body and had his head sewn back on so his portrait could be painted! Apart from a few minor marks, the medal is otherwise in extremely fine state. Estimated at £700–900, it was contested to a hammer price of £2,400, which is £2,880 with the Premium. Mr Corrick secured it from Glendining’s in November 1990 when the hammer price was a more modest £350.

It would take an annual return of 9.25 per cent for this growth to be achieved. At the 1990 sale it was described as “a nice example”—and indeed it is despite the gruesome aspects of Monmouth’s end.

The top price in the collection was a mint state Edward VII 1902 Coronation gold medal.

In its original Royal Mint leather case it was the top lot of the sale at £3,600 (£3,000 hammer). It www.tokenpublishing.com

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Strap Market scene was acquired at St James’s Auctions in October 2004 for a hammer price of £1,050. To achieve this growth over seven years would require an annual return of 14 per cent. This neatly illustrates the impact of the bullion price on the market.

Elsewhere my attention was drawn to an 1908 Olympic Games participant’s silver medal. Unnamed, it is in very fine condition. Estimated at £600–800, it sold for £276. Clearly we are not yet in Olympic mode.

The Edward VII The sale totalled £139,578. There were 59 Coronation medal realised the top price of vendors and 99 successful buyers. £3,600.

Dix Noonan Webb—British and World Coins—March 16, 2011 was devoted entirely to the coinage of Edward This was a small but excellent sale which VII. A 1902 proof set comprising the 13 coins featured three collections as well as consignments from the gold £5 to the silver penny, sold for from a further 79 individuals. First on the block £3,600. Apart from showing some loss of its matt was the third part of the collection of sixpences surface, the set is otherwise practically as struck. formed by the late Alfred Bole which realised a The top price was for a 1905 halfcrown which total of £77,922. The highlight here was a James apart from a few surface marks and having I sixth bust sixpence with the lis mintmark for been lightly cleaned at some stage, is otherwise 1623–24. The coin leapt out from the page as nearly extremely fine. It realised £3,960. There being “distinctive”. In nearly very fine state, it is was considerable interest in a 1905 shilling. what I call a “good portrait” piece as the image Apart from a few rim nicks and a patchy bloom, of the King is pleasing, but that is just one aspect it is otherwise in good extremely fine state. It that makes this coin special. This is no ordinary was contested to £2,400. The collection totalled currency issue, but an extremely rare piedfort. £22,932.

From the Earl of Duncie (1949) and later from the In the world section, there were strong prices H. M. Lingford Collection (1951) this extremely from the African continent. Top price for the sale rare piece was offered with an estimate of was the £20,400 paid for an unusual Griquatown £1,200–1,500 but was contested to £4,680. (a country town in the Northern Cape Province) There were some very good coins in this rectangular gold ingot collection. Although weak in places, the Edward VI sixpence with the tun countermarked with the town’s arms. mintmark for 1551–53 appealed as its Weighing 49.98 portrait of the forward-facing “Boy grams the ingot King” is well-struck. With a general also has a later good very fine obverse and a nearly very fineness stamp fine reverse, it sold for £780. Another of 999.9 and the appealing piece was a 1562 Elizabeth I impressed letters TJ milled sixpence with bust D. Described and 31. A Thomas as being better than very fine, Burgers 1874 it nearly doubled its top “fine beard” pond estimate at £900. graded as fine or Top of the milled portion of the collection better, was contested to £3,840 despite having was a 1658 sixpence by an been removed from a mount at “unknown artist working 12 o’clock and having other rim in the Low Countries”. nicks and marks. An 1892 Paul Apart from extensive Kruger currency set in a modern die flaws (particularly fitted case also drew plenty of on the reverse) the piece attention. Comprising the nine is otherwise in about coins from the pond to the penny extremely fine state. It Top price of £20,400 was (including the crown with a single sold for more than double its top estimate at £4,200 (£3,500 paid for the gold ingot from shaft), the grading varied from very fine Griquatown to extremely fine. The set soared to £3,120. hammer).

There was also interest in the two German The Bole offereing was East Africa coins offered. Both were Wilhelm II followed by the Jeffrey Gardiner Collection of 1916 gold 15 rupien in about extremely fine state.

Silver Coins of Elizabeth I. Top price here was They each sold for £2,640. for a shilling with the lis mintmark for 1558–60 There was nothing particularly outstanding and the 2A bust. Although the legends are a little in the English/British section. However, what weak in places the piece is otherwise in good very did catch my eye was an 1821 shilling described fine condition. It was contested to £1,260. There as “practically as struck with peripheral toning”. was a particularly good 1561 three-farthings on Estimated at an undemanding £150–200, it found offer which is about the size of a shirt button. a new home at £432. This was a good result for The legends are a little weak in places, but it is the vendor. otherwise in very fine or better condition and has The 854 lots totalled £293,370 and there were a good portrait. It sold for £264. only 36 unsolds. There were 173 successful The third and final collection placed on the buyers. block was the “property of a gentleman” and May 2011

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The piedfort James I sixpence was contested to £4,680.

1905 shilling realised £2,400.

German East Africa 15 rupien sold for £2,6740.

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Market scene TimeLine Auctionsâ&#x20AC;&#x201D;Coins & Antiquitiesâ&#x20AC;&#x201D;March 18, 2011

William IIâ&#x20AC;&#x2122;s â&#x20AC;&#x153;Cross in quatrefoilâ&#x20AC;? type penny sold for ÂŁ2,530.

ÂŁ207 secured this engraved Victorian penny.

state, it was contested to ÂŁ748, more than double Brett Hammondâ&#x20AC;&#x2122;s e-mail said it all, â&#x20AC;&#x153;Yesterdayâ&#x20AC;&#x2122;s its top estimate. Two examples of the very rare auction was our most successful sale!â&#x20AC;? TimeLineâ&#x20AC;&#x2122;s Brutus (â&#x20AC;&#x153;Caesarâ&#x20AC;&#x2122;s Assassinâ&#x20AC;?) gold staters were sumptuous catalogues make me want offered. Issued at Koson, Thrace, in the midto collect antiquities, but I must 1st century BC, the obverse features Brutus remain focussed! The top lot standing between two lictors. Both are in in the sale was for a William extremely ďŹ ne condition and they both II cross in quatrefoil type sold for the lower estimate ÂŁ748. penny issued at London The best of the English milled was and struck by the moneyer a William and Mary 1689 halfcrown Bartholomew during the (with only the caul of the crown period 1089â&#x20AC;&#x201C;92. This is an frosted). Described as being â&#x20AC;&#x153;near exceptional coin as it is near extremely ďŹ ne, reverse better, some â&#x20AC;&#x153;as struckâ&#x20AC;? on a full round mint bloom, rare thusâ&#x20AC;?, it sold for ÂŁ748, ďŹ&#x201A;an. It is enhanced by a light its top estimate. There was a very golden tone. Choice examples nice curiosity on offer: a Victorian such as this are very rare. Not 1862 penny with Victoriaâ&#x20AC;&#x2122;s bust surprisingly the piece was well engraved to represent Mrs Ethel contested and the successful Cole wearing a bonnet, shawl and buyer had to pay ÂŁ2,530. reading glasses. Mrs Cole was a Top of the ancients was a stater leading character in the womenâ&#x20AC;&#x2122;s struck at Argos Amphilochikon, suffrage play How the Vote was Akarnania (a district of Western Greece between the River Achelous Won written by Cicely Hamilton in 1909. The host coin is about ďŹ ne, the and the Ionian Sea) circa 375â&#x20AC;&#x201C;300 BC. Its reverse features the helmeted engraving â&#x20AC;&#x153;fresh and skilfulâ&#x20AC;?. This rare and interesting piece of suffrage head of Aphrodite, the obverse William & Mary halfcrown fetched ÂŁ748. memorabilia was fought over to ÂŁ207.

Pegasos ďŹ&#x201A;ying. In extremely ďŹ ne

IMPORTANT NOTE Unless otherwise stated, the above prices are inclusive of the Buyerâ&#x20AC;&#x2122;s Premium. In other words, they are the hammer price plus the Premium. At London Coins the Premium is 17 per cent, while at DNW it is 20 per cent and at TimeLine it is 15 per cent. Value Added Tax at 20 per cent is payable on the Premium.

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May 2011

Insight The famous “Voyageur”, Canadian silver dollar showing the canoe used in early Canada.

MARVIN TAMEANKO

A TRIBUTE TO THE

CANOE ON CANADIAN COINAGE

N

OVICE coin collectors, more familiar with the elaborate and grand designs engraved on coinage, are sometimes surprised to find that the reverses of many Canadian coins display a simple, aboriginal birch-bark canoe. In fact, over the centuries the canoe has become a symbol associated with Canada and a short review of history will show why such a modest craft is an appropriate theme for the national coinage. History books record that the canoe was the only practical method of transportation in early Canada and was used to open up the country for commerce and exploration. Most nations in those days relied on the horse to perform this task but early eastern Canada was a rugged land of dense forests and impenetrable underbrush so horses were useless as beasts of burden. Fortunately, this rugged terrain was interconnected by numerous streams, ponds, rivers, lakes and inland seas, and the native birch-bark canoe could travel through all these bodies of water. For this reason, the canoe became a part of Canada’s heritage and could be considered an emblem for the nation far superior to the maple leaf or the beaver, the two most commonly used symbols. Up until the 1970s, almost everyone in Canada was familiar with the traditions of the canoe, and to own or just paddle one was a “rite of passage” for all young Canadians. Many coin collectors have fond memories of their youthful canoe trips through the beautiful and rivers and lakes of the National Parks in Canada and appreciate the coins struck by the Royal Canadian Mint in 2006 that commemorated the parks and pay homage to these great open spaces and the canoes used to explore them.

A silver, twenty-dollar commemorative coin of the “National Parks Series,” 2006, showing a canoe in Georgian Bay Islands (Lake Huron) National Park.

Many historians claim that without the canoe there would have been no fur trade, the profitable business that stimulated the exploration of the new country. It is noted that the furtrading companies in Canada used canoes to carry their goods to distant trade posts and to bring back bales of beaver pelts.

Beaver hats were the height of fashion in those days and the hat-making industries generated the incomes and wealth of many Canadians.

The aboriginal Canadians, now called the “First Nations” and mistakenly referred to as the “Indians” in the 16th to 20th century, invented the birch-bark canoe sometime before the 14th century. Apparently, the word “canoe” comes from the native term “kenu”, meaning a dugout tree trunk, the first May 2011

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type of water craft used by the early North Americans. The canoe was an ingenious vessel, made up of a wood frame of pine or cedar ribs, bent to shape and covered with the bark of birch trees. These trees grew throughout most of Canada but sometimes spruce and cedar bark were used. Interestingly from a numismatic point of view, early historians reported that the bark skin of a canoe was the thickness of an ecu, the contemporary French coin circulating in Canada, just three millimeters (1/8 inch) thick. The pieces of bark were stitched together with thin pine tree roots and the seams were sealed with melted pine or spruce sap, a natural resin. Repairs to damaged canoes could be easily made on voyages because all the materials needed were available in the surrounding forests.

The first European to recognize the potential of the canoe as transportation in Canada was Samuel de Champlain, the founder of Quebec City and the governor of New France in 1620–29. He became familiar with this vessel from his trade relations with the Montagnais, Algonquian, Huron and Iroquois tribes living in what is now Quebec, Ontario and New York State. Champlain was an astute politician, successful fur merchant, accomplished cartographer and famous explorer, often called the “Father of New France”. He travelled into the unknown territories and several cities, rivers and lakes in North America were named after him.

The first Canadian coin to formally illustrate a canoe was the silver, crown-sized dollar, issued in 1935 to celebrate the Jubilee of King George V. Often called the “Voyageur Dollar”(above), this coin was designed by the Canadian sculptor, Emanuel Hahn and featured a canoe filled with bales of fur pelts,

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Insight

A painting by J. H. De Rinzy, 1897, showing Samuel de Champlain on a canoe trip with two First Nations companions.

A painting by Frances Anne Hopkins of Voyageurs shooting the rapids, 1879.

paddled by a French-Canadian and a First Nations tribesman.

The coin is a simple but elegant and balanced composition that is pleasing to the eye and captures the essence of the Canadian wilderness. The canoe is shown passing an island in a lake with the “Northern Lights”, the Aurora Borealis, shimmering in the sky behind. This design became the popular canoe reverse used on most Canadian silver dollars and many other coins in later years.

carry goods to the First Nations and bring back beaver pelts.

These company men, called “voyageurs”, were remarkable frontiersmen, usually of French-Canadian or Scottish origin.

Ironically, historians commented that only the Canadians and Highland Scots had suffered from enough hardship and poverty to qualify for the tough life in the canoe. The companies expected their Voyageurs to work their paddles at an average rate of 45 strokes per minute, for 12 hours a day, and then hauled one of the 40-kilogram (90 pounds) packs of trade goods or pelts on their backs overland on long portages.

Some men carried two or even three packs, earning a bonus payment of a silver, Spanish “Pillar Dollar” for each additional bundle. To honour the hard-working Voyageurs, the Royal Canadian Mint struck a commemorative 25 cent piece in 1999, showing them hard at work in their canoe.

The first silver dollar struck in Canada in 1935 commemorating the Jubilee of King George V, and showing a canoe in a Canadian setting.

While most fur merchants waited comfortably in Montreal for the arrival of the First Nations middlemen who collected the beaver pelts from the distant tribes, other enterprising, FrenchCanadian traders, canoed into the far north and traded for pelts directly with the more remote natives. These adventurers were called “coureurs de bois”, translated as “wood-runners”, a name often used as a derogatory term to imply “outsiders.”

These men were tough, hardy travellers unafraid of the wilderness; two of the most famous coureurs de bois were Pierre Esprit Radisson and Medard Chouart Groseilliers.

They paddled their canoes far into the north to trade with the Illinois, Sioux and Cree tribes living around Lake Superior and they also mapped several of the large rivers that flowed into Hudson Bay, then called “the North Sea”. This large body of water merged with the Arctic Ocean and had been discovered in 1610 by the English explorer, Henry Hudson. In 1670, these two French-Canadian woodsmen convinced the English in London to establish the Hudson’s Bay Company and to purchase furs by establishing trading posts, called factories, at the mouths of the rivers emptying into the Bay. From these depots, the English intercepted the furs being carried south to the merchants in Montreal and shipped them directly to England through the Arctic and North Atlantic Oceans.

The coureurs de bois became so successful as independent traders that the Montreal merchants commissioned them as agents to trade on their behalf. In response to this, the English fur trading companies, such as the Hudson’s Bay Company and the North West Company, hired them as employees to

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COIN NEWS

25 cent coin struck as part of the 1999 “Commemorative Series”: the month of May coin, honouring the Voyageurs by showing them paddling a canoe across a lake.

The most difficult work for the voyageurs was “shooting the rapids”. Rapids are fast flowing stretches of rough, falling water full of rocks, and paddling a canoe through them required skill and bravery. This was the most dangerous part of a voyage and artists often pictured a canoe shooting the rapids to illustrate the hardships of a voyageur’s life. Perhaps the best known painting of a canoe in the rapids was painted in 1879by an English woman, Francis Anne Hopkins, the young wife of the chief “factor” (officer) of the Hudson’s Bay Company, who often accompanied her husband on his inspection tours through Canada.

Mrs Hopkins became one of the fine artists depicting early life in Canada and her dramatic paintings inspired the reverse designs of some of the Canadian commemorative coins. For example, a non-circulating, 200 dollar gold coin was struck in 2005 showing voyageurs shooting the rapids in a scene similar to the one painted by her in 1879. www.tokenpublishing.com

May 2011

Insight in the water”. In 1984, to mark the sesquicentennial (150th anniversary), of the incorporation of the city of Toronto, the mint struck a commemorative silver dollar showing a canoe on Lake Ontario with the modern-day skyline of Toronto behind.

Canadian 200 dollar gold coin of the “Art Series”, struck in 2005, showing voyageurs shooting the rapids. Inspired by the 1879 painting by Frances Anne Hopkins.

A commemorative silver dollar struck in 1984 for the sesquicentennial of the City of Toronto showing the traditional canoe design in honour of Etienne Brule.

Other explorers such as Cavalier de La Salle, crossed Canada by canoe to the source of the Mississippi River, and in 1682 paddled down that great waterway to its delta in the Gulf of Mexico. Pierre, Sieur de La Verendrye, mapped the system of rivers and streams that crossed the prairies from the Great Lakes and reached Wyoming by canoe in 1734, becoming the first European to see the Rocky Mountains from the landside.

Samuel Hearne, an employee of the Hudson’s Bay Company, crossed the Great Lakes by canoe, discovered the rivers flowing into Hudson Bay and explored down the Coppermine River in 1771 until he reached the Arctic Ocean. Alexander Mackenzie, another employee of the Company, discovered the mighty Mackenzie River that flowed into the western Arctic Ocean. In addition, in 1793 he crossed Canada by canoe to reach the North West Pacific Ocean, fully 12 years before the more famous expedition of the Americans, Meriwether and Clark, travelled overland and reached the shore of the Pacific.

A silver dollar commemorating the discovery of the Mackenzie River was struck by the Royal Canadian Mint in 1989 showing Mackenzie and his crew shooting the rapids of the river.

A painting of a “canot du maitre” crossing a lake, 1869. The female passenger to be seen in the centre of the vessel is the artist of the painting, Frances Anne Hopkins.

The smaller type of canoe was called the “canot du nord”, the “canoe of the north”. It was paddled by no more than six men and was used to trans-ship smaller loads, usually of only 1,400 kilograms (1½ tons), up rivers to the more remote trading posts. It was also used as an express canoe to carry messages, passengers and explorers.

Remarkably, the basic design and construction of the canoe remained unchanged for 1,000 years and in 1750 Canadians established the first factory to mass produce birch-bark canoes in Trois-Riviers, Quebec, making canoe building the oldest manufacturing industry in the country.

From the ranks of the coureurs de bois and voyageurs came the great Canadian pathfinders. These men began by seeking new tribes to trade with but later expanded their activities into mapping the land, exploring unknown regions and discovering new routes to the west. Several of these explorers are famous in North American history. Samuel de Champlain in 1615 paddled up the Ottawa River to Lake Huron and became the first European to see this large inland sea that led to the West.

Also in 1615, a coureur de bois named Etienne Brule was the first European to set foot on the north shore of Lake Ontario at the site of the modern-day City of Toronto. This was an assembly area for the First Nations coming down from Lake Huron before traveling to Montreal. Some historians believe the name Toronto comes from the Indian term for “meeting place” but others suggest it is derived from the Mohawk (Iroquois) word “tkaronto”, meaning “where there are trees standing May 2011

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A commemorative silver dollar coin struck in 1989 to commemorate the discovery of the Mackenzie River.

All these famous explorers used the canoe on their expeditions, sometimes for distances as long as 4,800 kilometers (3,000 miles). Undoubtedly, after he reached the Pacific, Mackenzie commemorated the strength and reliability of his canoe when he mixed vermilion powder with grease and proudly wrote on a cliff face, “Alexander Mackenzie, from Canada by land, the twenty-second of July, 1793”.

In that year, when Mackenzie’s canoe slid out of the rainy Bella Coola River in modern-day British Columbia, into the North Pacific Ocean, he was completing a voyage undertaken

by Christopher Columbus, 301 years earlier, who set out to find a route to the Far East but instead, discovered a new continent. Mackenzie’s voyages defined the north and west limits of this enormous land mass and mapped its boundaries.

Unfortunately, the canoe Mackenzie used on his expedition had no name, such small vessels were never given one, but if it did have a name it would be inscribed in history alongside all the other famous ships that participated in the discovery of North America.

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The coins illustrated are from the author’s collection, the paintings are reproduced by courtesy of the National Library and Archives of Canada.

The fur companies used two sizes of canoes, the largest poetically called the “canot du maitre”, the “canoe of the master”. This boat, the freighter of the company’s fleet, was 12 metres (40 feet) long, crewed by 8 to 12 men, and could carry 2,700 to 3,600 kilograms (3 to 4 tons) of cargo. The boat was so strong and light that, when taken overland “on portage” between bodies of water, it could be carried by only four men. In addition, it was extremely buoyant, with so shallow a draught that, fully loaded, it floated in only 30 centimeters (one foot) of water. Fortunately for historians, Frances Anne Hopkins painted a fine picture in 1867 of a Hudson Bay Company canot du maitre with herself and her husband sitting in the vessel.

Strap

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COIN NEWS

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May 2011

Detector’s notebook

JOHN BROMLEY

COINS FROM A ROMAN SETTLEMENT

D

ESPITE having a few years of metal detecting experience under my belt, during which time I have found many Roman coins, I have to admit that for me identifying Roman coins was always a bit of a nightmare. This is because most metal detector found coins, especially bronze ones, come out of the soil in appalling condition with illegible legends and only the faintest relief detail remaining (Fig. 1) making it difficult to even identify the various reverse designs.

So when I stumbled upon a small rural Roman site in 2007 I decided to put some time and effort into meticulously searching the site whilst identifying as many of the coins as possible. And what an eye opening exercise this turned out to be, with several surprises along the way, not least the fact that becoming an emperor of Rome was not always a good career move because it was often a precarious and short-lived occupation.

Early Roman coins are not common finds so it is always pleasing when they turn up in reasonable condition, such as the lovely 31mm bronze Faustina Senior sestertius (Fig. 2) bearing the obverse legend “DIVA FAVSTINA”. Faustina was popular and did charitable work especially providing education for the poor girls of Rome. She died in AD 141 and was much mourned by her husband Antoninus Pius who had her deified and then produced an enormous number of coins in her honour. This particular sestertius was struck around or after AD 147 and weighs 26.4g so you wouldn’t want too many of these in your pocket when near water.

The site delivered a second sestertius but this time in more typical condition (Fig. 3). It is another issue of Antoninus Pius with a reverse depicting Annona standing right with her left foot on the prow of a ship whilst holding the rudder and a modius. Although only about 15 years younger, this coin

measures 28.5mm and weighs 24g and is made from brass rather than bronze.

The 2007 searches produced about 60 bronze coins, mostly too damaged to identify other than to see that some were rather common Constantine dynasty issues with soldiers either side of one or two standards, or Valens with Victory advancing left holding a palm. There were three exceptions though, the first being a small coin (Fig. 4) which is a bit of an enigma for numerous reasons.

For a start it is in the style of a denarius but made from a dark, almost black, copper alloy implying that it is a contemporary forgery that was once silver plated. Sadly it has been heavily clipped, perhaps as the result of the forgery being discovered, so now measures just 14mm. This in turn has rendered the obverse legend very difficult to read clearly, but it does seem to spell out “IMP M ANT GORDIANVS AFR AVG” making it a coin of Gordian I. If so, then this is a special coin despite being a forgery.

Gordian was an octogenarian when he came to power in AD 238, but almost as soon as he accepted the purple he had to send his co-emperor son to quash an uprising. This culminated in the battle of Carthage where the son was killed. Just 21 days after taking office Gordian got news of his son’s death and promptly committed suicide. It is impressive to think that

Figure 2. Faustina Senior sestertius Rome AD 147.

Figure 1. Selection of typical 4th century Roman Grots.

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Figure 3. Antoninus Pius sestertius AD 160s.

Figure 4. Gordian I denarius forgery AD 238.

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Detector’s Strap notebook

Figure 5. Victorinus antoninianus Cologne AD 268–70.

Figure 6. Allectus antoninianus Colchester AD 293–96.

Figure 8. Atrebates uninscribed quarter stater 55–45 BC.

Figure 9. Maximinus II follis AD 308–13.

Figure 11. Constantine I AE3 Trier 322–23.

Figure 12. Constantius II AE3 Trier AD 330–31

even within three weeks his coinage was being copied by the forgers and one such coin found its way to a farmstead in rural Gloucestershire.

The second coin was a 21mm antoninianus of Victorinus (Fig. 5) who was a usurper emperor in the western empire between AD 268 and 270. This coin has the obverse legend “IMP C VICTORINVS P F AVG” and the reverse legend “PIETUS AVG” whilst also depicting Pietus standing left with an altar at his feet. Like most of Victorinus’s coins this one was minted at Cologne. However Victorinus was murdered by one of his own officers in Cologne after two years in power.

The third coin was another antoninianus, this time a 22mm issue of Allectus minted AD 293–96 (Fig. 6). The reverse has a mintmark of “C” in the exergue which is an uncertain mint, although many believe that it stands for Camulodunum (Colchester). It also shows Fides standing left whilst holding two military standards with the legend “FIDES MILITUM” meaning “the faithfulness of the army”. This legend is a bit ironic considering so many emperors took power through military force and usually lost it again through military force.

Like many emperors, Allectus was no saint. He assassinated his predecessor Carausius but was then himself killed in battle at Silchester in AD 296 by the forces of Constantius who was determined to break Allectus’ control in the west.

Like many Roman sites it also produced some Bronze Age axe fragments and a superb late Neolithic or Early Bronze Age flint scraper during those first few searches in 2007. I also found two pieces of late Bronze Age pottery which hinted at early occupation, so even then I thought to myself that there might be Celtic coins in the soil.

The searches of 2008 produced a small number of bronze coins and another Bronze Age axe fragment, once again bringing thoughts of Celtic coins to mind. Sadly modern farming methods sees soil disked to a depth of 4–6 inches, rather than a deep plough turning the soil over, and as most metal detector coin finds are in the top 4–6 inches I did wonder if the site was “searched out” after my intensive 2007 searches.

So when I returned in the autumn of 2009 after the field had been disked again, I was not expecting too much. However when a number of small bronze coins surfaced I began another methodical search of the site.

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COIN NEWS

Figure 7. Dobunni uninscribed unit 30–15 BC.

Figure 10. Constantine I follis Trier AD 316.

Figure 13. Constans centenionalis Aquileia AD 348–50.

Then it happened, on a sunny September morning. A typical contact left me holding a 13.25mm silver coin and clearly visibly on the reverse was a triple tailed horse (Fig. 7). At last the site had delivered a Celtic coin by way of an uninscribed silver unit of the Dobunni. But things just got better because 10 yards away there was another Celtic coin quietly awaiting my coil, this time a 12.5mm uninscribed “Selsey Dahlia” type quarter stater of the Atrebates (Fig. 8). Sadly the reverse is struck off-centre, so part of the horse’s head is missing, but it is a lovely coin nonetheless.

By now it was obvious that most of the coins were coming from a specific line through the field and I wondered if this was a former track leading to the main habitation area. So I approached the owner of the adjacent farm where I explained my theory. He kindly gave me search permission so I quickly extended my search into the relevant field.

Sadly the field was devoid of Roman finds but I did spot a pottery scatter in an adjacent field so turned my attentions there. Within minutes Roman coins and artefacts were popping out of the ground. One was a 22mm follis of Maximinus II (Fig. 9) minted AD 308–13 depicting Genius standing left and holding a patera. The legend reads “GENIO POP ROM T F” which is an abbreviated form of the “The Genius of the Roman People” in celebration of the fleets of ships bringing corn from Africa to feed the huge population of Rome.

The reign of Maximinus ended during an internal power struggle for control of parts of the empire between himself and three other emperors. His army suffered a massive defeat and he fled to Tarsus when he became besieged by the troops of Licinius. Maximinus became ill but it is unknown whether it was through disease or poisoning and he died a miserable death in Tarsus in AD 313.

There followed two more folles, both of Constantine I, both with Sun and the reverse legend “SOLI INVICTO COMITI”, which translates as “to the sun, my invincible companion”, which is indicative of pagan sun worshipping. The first, minted between AD 310 and 313 is 22mm, whilst the second coin (Fig. 10), minted AD 316, is a “reduced” follis of only 20mm. The mint mark “BTR”, for the Trier mint, is clearly visible on this coin.

Already it was clear that this second Roman area was much smaller that the main site just over 150 yards away, yet it was www.tokenpublishing.com

May 2011

Detectorâ&#x20AC;&#x2122;s notebook

Figure 14. Valens AE3 Arles AD 364â&#x20AC;&#x201C;78.

Figure 16. Radiate antoninianus mid-late 3rd century.

Figure 17. Julian II siliqua Arles AD 360â&#x20AC;&#x201C;63.

â&#x20AC;&#x153; . . . Opened my eyes to the diversity and complexity of Roman coinage . . . â&#x20AC;? at Arles (now called Constantina) between 364 and 378. It is a producing coins in much better condition. Whether this is due fairly common design showing Victory advancing left holding to land use over the centuries or whether this second area was a wreath and a palm. Although Valens managed to last for 14 a place of worship, receiving new coinage as votive offerings, years as emperor, he met a similar fate to so many predecessors we will never really know. when he was killed in battle trying to suppress a barbarian The 20mm AE3 of Constantine I (Fig. 11) minted about uprising on the Danube.

AD 322â&#x20AC;&#x201C;23, is another nice example from the new site. The An indication of the rampant inďŹ&#x201A;ation crippling the Roman reverse depicts a globe set on altar inscribed â&#x20AC;&#x153;VOTIS XXâ&#x20AC;? with Empire toward the latter half of the 4th century comes from a three stars above and the legend â&#x20AC;&#x153;BEATA TRANQVILLITASâ&#x20AC;?, number of small bronze coins and minims ranging from 7 to meaning joyful or blesses tranquillity. The coin has â&#x20AC;&#x153;PTRâ&#x20AC;? in 13mm (Fig. 15). Most of these retain too little detail to be exergue, for the Trier mint.

Not far way was an AE3 of Constantius II (Fig. 12) able to identify them.

It is generally accepted that the average with the common â&#x20AC;&#x153;GLORIA GLORIA EXERCITVSâ&#x20AC;? reverse depicting two soldiers with standards between metal detectorist ďŹ nds about 100 Roman them. Again the mint is Trier as denoted by bronze coins for every silver one, and â&#x20AC;&#x153;TRPâ&#x20AC;? â&#x20AC;? in the exergue, and the coin was minted about 100 silver for every gold one.

AD 330â&#x20AC;&#x201C;31, but measuring 17.5mm it The main site produced a single silver shows yet another reduction in the coin in the form of a rather nibbled size and weight of Roman coins. Once antoninianus (Fig. 16), produced some again we have an emperor beset with time in the latter half of the 3rd century. wars. After being delayed by a Persian These coins saw signiďŹ cant debasement conďŹ&#x201A;ict, Constantius II was marching until they contained 10 per cent or less toward the Danube to put down another silver, known as billon, before being replaced by the bronze antoninianus barbarian uprising when he was struck mentioned earlier in the article. down with fever and died.

Two further silver coins were found Because the second Roman area on the second site and both were was so small I was soon back on the main site and promptly found a Siliqua of Julian II minted AD 360â&#x20AC;&#x201C;63.

The better of the two (Fig. 17) has an 21mm centenionalis of Constans (Fig. eagle in a medallion at the top of the wreath 13) which was minted at Aquileia AD and â&#x20AC;&#x153;TCONSTâ&#x20AC;? in the exergue, for the Arles mint.

348â&#x20AC;&#x201C;50. This coin shows a soldier dragging The dark colour of the coin indicates that it is a barbarian from a hut under a palm tree.

Constans too suffered from the ďŹ ckleness of Figure 15. Small bronzes and minims made from good quality silver. And surprise, late 4th century. surprise; Julian II was killed in battle against the army when his own legions joined a revolt the Persians. led by Magnentius. Constans ďŹ&#x201A;ed toward Although many of the coins are not in particularly good Spain but was overtaken and murdered at the foot of the condition, I found researching them and the emperors they Pyrenees mountains. depict a fascinating exercise and it really opened my eyes to The last acceptable bronze coin is a 17mm AE3 of Valens the diversity and complexity of Roman coinage.

(Fig. 14) with â&#x20AC;&#x153;CONâ&#x20AC;? in the exergue, showing it was minted

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Spotlight

RAYMOND PALERMO

The Elizabeth II

Coronation Crown O

N February 6, 1952, King George VI, died in his sleep, aged 56. In September of the previous year, he had had a portion of one of his lungs removed due to “structural changes”. However, the King had been a heavy smoker and eventually died of a coronary thrombosis.

At the time of his death, George VI’s eldest daughter and successor, Elizabeth, was in Kenya with her husband, Prince Philip. The Royal couple flew home as quickly as possible but were delayed by inclement weather. On arrival in London, they were greeted by a very sombre Prime Minister, Winston Churchill.

The funeral of George VI took place on February 15, 1952.

The late King was buried in the Royal Vault at Frogmore, Windsor. In 1969, his remains were transferred to the King George VI Memorial Chapel. His mother, the widow of George V, Queen Mary of Teck, died just over a year after her son, on March 24, 1953.

The deaths of George VI and Queen Mary were indeed, sad events for the British people. Their passing, however, would signal the beginning of one of the longest and most prosperous reigns in British history.

The Coronation of Elizabeth II, the first to be televised, took place on June 2, 1953 in Westminster Abbey. It was a magnificent spectacle. The Queen had already engaged in various Royal responsibilities such as the distribution of the Maundy money in 1952 and 1953.

In keeping with tradition, coins bearing the new monarch’s portrait were struck but only released to the public from around the time of the Coronation. However, in late 1952, sixpences, threepences, halfpennies and farthings with the late King’s portrait were minted to cope with economic demand. These coins, dated 1952, continued to be struck and issued into 1953.

Most of Elizabeth II’s 1953 coinage show her portrait, facing right, designed by Mrs Mary Gillick. However, this charming image was not used on the crown of the coronation year, which is the focus of this article.

Some background information might be useful here. Since the reign of James I, medals had been struck in various metals to commemorate the Coronation of the new monarch. It had become customary for these medals to be distributed to the crowds lining the Coronation route. The last time that this had occurred was for the Coronation of George IV in July 1821.

After that date, Coronation medals were minted and sold to the general public, a practice that continued up to the time of May 2011

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George VI. Over the years, general interest in such medals had waned. The 1953 Coronation Crown was therefore issued as a kind of replacement for the Coronation Medal.

The 1953 Coronation Crown’s obverse is distinctive in that it shows Her Majesty mounted on a horse. The Queen’s steed, a police horse named Winston (after Sir Winston Churchill), is on a plinth (below which is a small wreath) and walks to the left. The Queen is dressed in her uniform as Colonel-inChief of the Grenadier Guards, as worn by Her Majesty during the annual Trooping the Colour ceremony. The surrounding legend reads “ELIZABETH.II. DEI. GRATIA. BRITT OMN. REGINA. FIDEI. DEFENSOR. FIVE SHILLINGS”. Royal ciphers (the Queen’s crowned initials, “E II R”), are located on either side of the horse. The designer of the obverse was the distinguished British sculptor, Gilbert Ledward. His initials can be found behind Winston’s near hind hoof. This design recalled the splendid equestrian portraits of Edward VI (1547– 53), James I (1603–25) and Charles I (1625–49). Indeed, the 1953 crown was the first to carry an equestrian portrait since the time of Charles I. The reverse is unusual in that it has no legend. Rather, it shows the cruciform shields of England (two), Scotland and Ireland. A crown is in the centre and a rose, thistle, shamrock and leek grace the angles. The date, 1953, is separated by the leek. Two gentlemen, Edgar Fuller and Cecil Thomas, codesigned the reverse. Their initials appear below the Irish and English shields, respectively. The edge is inscribed with part of the Coronation Oath: “FAITH AND TRUTH I WILL BEAR UNTO YOU”.

These coins proved to be extremely popular. Nearly six million pieces were struck as a normal issue plus another 40,000 proof specimens. The proof coins were minted for inclusion in the “long” proof sets of that year. In addition, a limited number of so-called “VIP” proof pieces, with heavily frosted relief designs and highly polished fields, were minted as well as an even smaller mintage of matt-proof coins.

Over the years, the 1953 Coronation Crown has retained its popularity. It heralded the beginning of the glorious second Elizabethan Age that has endured to this day.

Coin news

39

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The Old Granary Antiques Centre, Kingâ&#x20AC;&#x2122;s Staithe Lane, Kingâ&#x20AC;&#x2122;s Lynn, Norfolk Tel: 01553 670833 Web site: www.roderickrichardson.com E-mail: roderickrichardson@yahoo.co.uk www.tokenpublishing.com

May 2011

Collector’s notebook Strap

ALAN MEADOWCROFT

CLASSICAL INFLUENCE

I

HAVE been interested in coins since the late 1950s. For most of that time I have been focused on the English Milled series but, since 2005, I have been interested in ancient coins and the way their designs have influenced later coins.

This has led to a fascination for finding the origins of coin motifs: tracing coin designs to their very beginnings and I’d like to share my investigations with COIN NEWS readers.

Probably the most famous English coin design is the St George and the Dragon by Benedetto Pistrucci, which first made its appearance on the British sovereigns of 1817. The original sketch for this shows a raised arm instead of an arm in

a.

Did these pieces have any influence on Pistrucci’s St George design?

The “horseman brandishing spear” motif goes back to the didrachmas of Gela 490 BC (a)

From Gela it influenced the coin designers of Tartentum (281 BC) (b) and from there most of the ancient states and tribes, including the coin designers of Celtic Britain. The motif then influenced Roman coin designers such as seen on this sestertius of Titus minted AD 72 (c), and later, Benvenuto Cellini (1500–71) (d).

c.

d.

May 2011

the lowered position that we find on the coins. The sketch bears a startling resemblance to a sestertius of Titus, minted in AD 72, and a medallion by Benvenuto Cellini showing Francis I striking Fortune. Was Pistrucci influenced by one of these pieces?

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b.

b.

The warrior’s arms on these pieces are raised, just like the arm in Pistrucci’s initial sketch of St George (see Forrer, Volume I).

Coin news

41

Collectorâ&#x20AC;&#x2122;s notebook

Coin struck at Ephesos 600 BC. Is this the ďŹ rst reverted head of an animal on a coin?

This coin of Ephesos struck circa 280 BC shows the persistence of the reverted animal head on Ephesian coins.

An archaic stater circa 500 to 460 BC. Is this the oldest helmeted head on a coin?

A silver litra from Kamarina, circa 461 BC. Is this the ďŹ rst example of Athena standing with a shield and spear?

Is this half-stater minted Kroisos in Lydia 561 to 546 BC the ďŹ rst example of a lion and a bull facing each other on a coin?

A tetradrachm from Akanthos, circaq 420 to 395 BC, showing how the lion and bull theme has developed.

All coin illustrations courtesy of CNG.

A coin from Phokaia made of electrum, a natural alloy comprising gold and silver, circa 625 to 522 BC and an electrum 1/48 stater from an uncertain mint, struck some time in the 7th century BC. Is it possible that one of these pieces could be the ďŹ rst ever proďŹ led head on a coin?

The horse-backed warrior as a coin design goes back to the didrachmas struck at Gela in Sicily around 490 BC. This same design then inďŹ&#x201A;uenced the coins of Tartentum and was a persistent theme among the ancients.

Another ancient coin theme is the reverted head of an animal. The earliest example of this was struck on a stater fraction at Ephesos in 600 BC. More than 300 years later the Ephesians struck a really beautiful drachm showing an animal in virtually the same position.

Helmeted proďŹ les have featured on coins from ancient to modern times. Probably the ďŹ rst such proďŹ le is to be found on a stater struck at Lycia circa 500 to 460 BC. The standing ďŹ gure of Athena (or Minerva to the Romans) holding a spear, enjoyed a long popularity on ancient coins.

The earliest example I have been able to ďŹ nd is a silver litra struck at Kamarina 460 to 440 BC. The juxtaposed heads of a lion and bull was popular on ancient coins and is ďŹ rst found on a half-stater minted by Kroisis in Lydia 561 to 546 BC. This evolved into a design found on a tetradrachma from Akanthos circ 420 to 395 BC. This shows a lion devouring a bull. This is so realistic that it must have been deliberately staged just for the design. If so, itâ&#x20AC;&#x2122;s difďŹ cult to think of a more disgusting example of animal abuse.

The most persistent coin motif of them all is, of course, the proďŹ led head. My investigations suggest that the ďŹ rst example of this was struck at Phokaia in Asia Minor, on an electrum coin circa 625 to 522 BC. Another candidate is an electrum coin struck sometime in the 7th century BC of uncertain mint.

If any reader has other thoughts on the origins of modern designs I would be pleased to hear from them via the Editor.

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Strap Interview

William & Catherine’s special day . . .

commemorated in coin As the United Kingdom issues only its second wedding commemorative coin in its numismatic history, MICHAEL ALEXANDER of the London Banknote and Monetary Research Centre, speaks exclusively to MARK RICHARDS (pictured below), the artist behind the innovative and eye-catching design which so elegantly captures Prince William and Catherine Middleton on their special day.

I

Photo courtesy of Michael Alexander

N terms of a Royal occasion, they don’t come any more special than a day like the wedding of a senior member of the Royal family, the eldest son of the Prince of Wales and the late Princess Diana. He is Prince William, second in line to the British throne, extremely popular with the British people in his own right and she is his 29-yearold fiancée Miss Catherine Middleton, girlfriend and former Edinburgh University classmate. An almost ten-year courtship comes to a culmination on April 29 when the couple will marry in Westminster Abbey. To commemorate the occasion of their wedding the two are portrayed on the latest £5 crown struck by the Royal Mint. Only the second coin of its kind created, it is hard to believe that there wasn’t a similar coin for Queen Victoria’s wedding in 1840 or for Prince Albert Edward (later King Edward VII) when he married Princess Alexandra of Denmark in 1861. Surprisingly the first wedding commemorative coin was struck only in 1981 for Prince Charles and Lady Diana Spencer and it was an extremely popular coin with more than 26 million of the cupro-nickle examples having been produced. This time, the non-precious metal coins will number only 250,000 and the style of the design is significantly different from the conjoined profile portraits of Prince Charles and Lady Diana that appeared on the 1981 crown.

Mark Richards, a Fellow of the Royal Society of British Sculptors who normally specialises in life-size and over life-size sculptures rather than coinage, has presented us with an intimate depiction of William and Catherine facing each other. To date, he has designed just two coins, the Royal wedding coin which is the subject of this interview, and the commemorative crown marking the 90th birthday of the Duke of Edinburgh, issued earlier this year.

Having attended the first strike ceremony at the Royal Mint, we toured the production premises and Mark was invited to strike an example of the Royal Wedding crown in silver.

It was the first time he had seen the inner workings of the production side of the Royal Mint and he was delighted to see the final product, especially the proof strike of his design.

After the tour we sat down to discuss the coin and the process of how an artist approaches the task of producing something which may, theoretically, be around forever (or for as long as there are coin collectors). The legacy of this coin is that it has recorded the marriage of these two people who will, someday, be king and queen.

But, for now, they’re like any other newly-wed couple, beginning a new chapter in their lives together.

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May 2011

Interview Firstly, congratulations Mark on your design having been chosen for such an auspicious event here in the UK. It really is a beautiful design and it certainly looks impressive when one sees it for the first time. What was your first thought when you read the brief for the outline of this coin?

I try to keep a very open mind by looking at various photos and film footage and generally form an idea or build an impression. Then, I go for a walk. By walking, the idea starts to formulate and from that I begin the initial sketches.

It’s my approach to everything I do. Someone once said “the intellect is the enemy of creativity”, but that’s the part which you use to research a subject and gather information. The walking is an important way of letting the images pop into my head naturally.

The coin’s design looks as though we’re looking at William and Catherine through a camera lens or porthole.

What was your inspiration for this concept?

That’s a really good question. There are two reasons why the coin looks the way it does. It’s really a close-up portrait of them which is a very important part of demonstrating the intimacy of them as a couple. By positioning them in this way, I could capture their expressions and features. If I had chosen to create the design with two full heads, they would be very small and in the middle, with space underneath. So, the impression that you are seeing them through a porthole or lens was an unintended consequence due to my aim of trying to capture a real sense of intimacy which gives the impression of the viewer being quite close to them.

The last Royal Wedding in the UK to be commemorated in coin, Prince Charles and Lady Diana Spencer in 1981, was met with an intense level of interest and fervour and an amazing crown coin was struck. Do you remember this coin and, if so, did you gain any inspiration or direction from this design?

I do remember the coin being issued, but I deliberately didn’t look at it when I was designing this coin. When I’m working on a new design, I try not to look at other coins but, rather, I’ll look at other sources of inspiration for ideas.

Since designing the William and Catherine coin I’ve looked at the Charles and Diana coin, and having had the challenge of a double portrait myself, I can see how the composition was arrived at. The only way to get two heads in profile is to give one of the heads primacy and as a result you could only see a portion of Lady Diana’s head. What I wanted to convey with my design was a sense of equality which I think comes out. I think William and Catherine are a very contemporary couple and this shows when they’re together.

You’ve spoken about detail. From your standpoint, what were the challenges to putting together this coin? It has been said that although Catherine Middleton is beautiful, it is difficult to capture her image accurately for some reason. Did you encounter this?

It is always a challenge to capture a true likeness on such a small space as a coin, whatever the subject. She is fantastically beautiful and he’s a good looking chap as well.

But the thing is, her smile is so radiant and when she’s in repose, she can look as serious as the rest of us. When I was looking at images of her I thought “you’re beautiful, you just glow” and she has a fairy-tale quality which is one of the reasons why I think this story has attracted so much attention. Her quality of beauty is both demure and reserved and also, she radiates a sense of “I’m alive!”, which is why I chose the pose that you see.

Is it the same kind of challenge which you face when you’re portraying contemporary people as opposed to historical figures?

I do know what you mean, but I don’t experience it that way. I experience every portrait as an image and a feeling May 2011

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that you unlock from them. For example, if I were to portray King Alfred, I wouldn’t look at any other portraits of him as there aren’t any true renditions to begin with, so it would be more about an idea of him as a historical figure. When you are creating a portrait of someone living, there is an added excitement because they can often change the way that people perceive them.

Over the last 20 years or so, there have been several Royal Wedding commemorative coins within Europe. The most recent coin being the silver and gold coins from Sweden for Crown Princess Victoria’s wedding last year. I don’t suppose you had the chance to sneak a glimpse at any of these coins?

No, I’m sorry to disappoint you but I haven’t. But again, it was deliberate that I didn’t look at any other coinage with respect to this. I do look at other coins a lot and going back to the 1981 wedding coin, I didn’t remember what it looked like. Had I studied it, there might have been an element (of that design) that would have been a good solution but it wouldn’t have worked for me. Mischievously, I might have even put Kate’s portrait over that of William’s instead of the other way around.

Aside from the most recent coin design, which is what brings us here to the Royal Mint today, and the excellent commemorative coin for Prince Philip’s 90th birthday this year, can you tell our readers what projects you are now working on?

Nothing with the Royal Mint at the moment. I’m currently involved with making an over life-size statue for the Aberdeen city centre to commemorate the Gordon Highlanders, which will be a large two figure statue. I’m actually a figurative and portrait sculptor by trade, the Royal Wedding coin was only my second coin to date.

Matthew Dent, who designed the present circulation coinage introduced in 2008, has now designed further coins including the latest 50 pence World Wildlife Fund anniversary coin. Might you be interested in pursuing more numismatic projects now?

I’m really interested. I was only approached last year for the Wedding commemorative coin and it has been a very interesting and enjoyable process. It’s like any genre, you have to get to know it to understand it and the first two coins did take me a long time to get them right. I’m very passionate about excellence in portraiture and I think the Royal Mint is probably the only institution in this country which is really striving for a sense of excellence with the kind of portraiture that I do. Coins provide an arena to explore portraits on another level.

The William and Catherine Wedding coin will now enter the chronicles of British numismatic history, especially as it is only the second British Royal Wedding commemorative. How would you like the coin to be described or remembered in the future?

I’d like it to be described as being an intimate, sensitive portrait of the royal couple, that isn’t in the classical tradition of portraiture but is a contemporary image that hasn’t devalued the currency of relief portraiture in coinage . . . to coin a phrase!

I often end my interviews by asking “do you collect coins?”

Now that I’ve become involved with coins, you could certainly recruit me!

Glad to hear that. Mark Richards, designer behind the stunning UK Royal Wedding crown, thank you so much for taking the time to talk to COIN NEWS. Thank you very much, it’s been my pleasure.

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May 2011

Background

The Life & Times of

Part I

SWEDEN’S

PLATEMONEY DR KERRY RODGERS struggles to fathom some intricacies of Sweden’s numismatics . . .

O

NE of the first “coins” I ever purchased was a piece of fake 17th century Swedish plate money. The dealer wanted to get shot of it for a couple of bucks. I had never seen a piece before, real or fake. Ever since I have had a fascination with Sweden’s plates, not the least wondering why they often turn up in wrecks.

However, firstly a word of warning. Anyone who has ever tried to fathom the convolutions of Swedish currency of the 16th, 17th and 18th centuries usually soon finds the need to take a couple of Panadol and have a good lie down. It is a most bewildering subject to appreciate in any coherent detail.

During this period Sweden operated up to six different and semi-independent currency systems, often simultaneously. The country’s rulers were continually embroiled in very expensive wars that, coupled with poor economic management, forced ordinary citizens to accept debasement, rampant inflation, and penury as the norm. It was the time that would also give birth not only to plate money but also the first major issue of banknotes in Europe.

Setting the stage In the early 16th century, an independent Sweden emerged from the ashes of the 200-yearold Danish-Norwegian-Swedish Kalmar Union.

The country began a rise that would see it become a major player on the European stage.

In 1523 the hero of the hour, Gustav Vasa, was crowned King Gustav I of a united SwedenFinland. He promptly broke with Catholicism and embraced the Protestant Reformation. Over the next decade he reformed taxes and expelled the traders of the Hanseatic League who had long milked Sweden’s resources. In their place he installed good Protestant Swedish businessmen.

The result saw Sweden’s trade and industry boom.

To facilitate international trade, the King followed other European countries and, in 1534, introduced a large silver coin, the slagen daler.

Like the dollar, its name comes from the German thaler. Gustav valued his new coin at 4 mark or 32 öre or 192 penningar, coins then in common use within Sweden.

This was a day and age when a coin held a real or intrinsic worth in its metal content. Those first dalers each contained 28.06g silver. In 1540 this was reduced to 25.6g, a silver content that would be more or less the norm up to 1873 when the

daler was supplanted by the krona. From 1534 until 1624 Sweden’s currency would be based on a mono-metallic silver standard.

In 1593 the coin’s name was changed to riksdaler or “imperial daler” equivalent to the reichsthaler of Germany and Austria-Hungary, the rijksdaalder of the Netherlands and the rigsdaler used in Denmark-Norway.

When reading Swedish economic history it is easy to be confused by the terms “daler” and “riksdaler”. From an economic point of view riksdalers with a consistent silver content are known as “riksdaler specie” or “silver dalers”. They exist as a constant in the turmoil of Swedish currency and provide a clear beacon for numismatists and historians alike. For economists they enable the inflation-wracked prices of the next two hundred and fifty years to be related via actual weights of silver.

For its part, the daler as a coin needs to be separated off from the Swedish unit of account also known as daler. The two may have started off as equal to 4 marks in 1534, and the unit of account would continue to remain so, but as early as 1560 the two would diverge.

The right of kings In Sweden the right to mint coins was restricted to the Crown who, like all contemporary rulers, claimed the seigniorage resulting for the difference between the face value of the minted coins and their intrinsic metal value. There is always a temptation to increase the seigniorage by debasing the coinage and hence increase the Crown’s profit.

Debasement can succeed economically only where the quantity of debased coins minted is restricted.

Gustav’s successors did not resist the temptation and two major periods of debasement occurred in Sweden prior to 1624: one in 1561–76, and a second in 1590–93. Both coincided with a need to finance wars. Both involved lowering the silver contents of the mark but not the riksdaler.

Both caused the silver daler to diverge in value

Vignettes of Gustav Vasa, King of Sweden and Father of the Daler, have decorated many of the country’s notes.

Image © K.A. Rodgers 2010

Mark of Gustav Vasa from 1560.

Johan III riksdaler of 1575 with a reverse showing Christ standing that would persist for a hundred years.

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47

Background Strap

The currency debasements of the 16th century coincided with the issue of coins struck on clipped square flans known as klippe such as this 16 öre of Erik XIV. Image courtesy Ponterio & Associates.

from its original equivalence to 4 marks and, hence, from the daler unit of account, as did all subsequent debasements.

Each debasement episode followed the pattern seen in other countries. In due course the debased coins lost value until their effective purchasing power matched their actual intrinsic metal value.

At this point the coins were exchanged for their silver content and not their face values. Each debasement episode was eventually followed by a recoinage to restore the fineness of the nation’s silver coins.

A continual depreciation of the marks occurred during and after the Northern Seven Years War of 1563–70. This resulted in severe inflation. In 1561– 62 one silver daler stood at 4 marks. After the commencement of the war in 1563 the exchange rate rose to 4.5 marks, in 1566–67 to 6–7 marks, and in 1568 to 7–8 marks. Following cessation of hostilities, and the payment by Sweden in 1574 of a 150,000 daler ransom for the return of Älvsborg fortress, the price of one silver daler rose to a high of 32 marks.

A recoinage in 1576 saw 1.25–1.625 marks struck in preceding years by King Erik XIV exchanged for one new mark. A similar exchange rate prevailed for a recoinage in 1593 associated with a war with Russia.

A minor debasement took place in 1604, but in the main Sweden’s monarchs resisted the appeal of undertaking further debasements for the next 20 years.

Copper to burn The beginning of the 17th century saw Sweden’s rulers becoming increasingly militaristic and, consequently, require more and more revenue to fight their wars.

The country and its people had already suffered severely as a result of the wars in the second half of the 16th century. Poor economic management coupled with costs of the wars had

“ . . . Each debasement episode followed the pattern seen in other countries. In due course the debased coins lost value until their effective purchasing power . . . ”

Charles IX silver mark of 1608, KM22.

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Coin news

left the country’s economy in a parlous state. The Treaty of Stettin in 1570, that included the vast Älvsborg ransom, had seen the Swedish Empire lose control of its silver reserves. The one thing the country still had going for it were the largest and most productive copper mines in Europe, particularly those of Stora Kopparberg near Falun.

These circumstances led to a copper currency being introduced on a par with silver. From this point on, Sweden-Finland went on a dual copper-silver standard. The two currencies were marked K.M. or K.M.T for kopparmynt or copper money and S.M. or S.M.T. for silvermynt or silver money. This dual currency would continue until 1777 when a mono-metallic silver standard would be established.

The first copper coins of Sweden-Finland were minted in 1624 by Gustav II. These were not tokens but each had an intrinsic value reflecting the market value of copper. For the first two

decades only öre were struck in copper at the Sater, Nynkoping and Arborga mints. Most show a crossed arrow design on their reverse.

When Gustav’s extremely able daughter Christina took over at age 18 she experimented briefly with a copper-backed paper currency.

Initially this was accepted but lost credibility in 1644 causing Christina to issue a copper daler currency alongside the existing silver daler.

Each of the new coins contained its full value in copper. Given the relatively low value of copper, the coins were struck as large square plates known as plåtmynt in Swedish and plate money in English. Each was correspondingly heavy.

The largest, measuring 30 x 70cm and valued at 10 daler weighed-in at 19.7kg. Despite their inconvenience they were accepted. People had little choice.

Christina’s initial issues consisted of plates of 1, 2, 4, 8 and 10 dalers. The denomination, date and monarch’s monogram were stamped in the centre and at the corners of each plate. This same pattern would be used on Swedish plate money over the next 135 years, most of it struck at the Avesta Mint near Falun. The large 10 daler plates would soon be discontinued. In their place ½ daler plates appeared.

No accounting for copper An ulterior motive lay behind the introduction of copper coins. The size of Sweden’s mines made the country Europe’s dominant copper producer. The Government believed that a copper coinage would allow it to manipulate the international price of the metal. Whenever copper prices fell, Sweden would mint large numbers of copper coins that could be absorbed in domestic circulation. This would reduce the amount of copper available for export and so drive up market prices.

In practice this seldom worked. All too often Sweden found it was unable to command any premium for copper despite its vast reserves. And, whenever copper prices fell on the international market those at the bottom of Sweden’s economic food chain became even poorer.

For example, when copper coins were first introduced in 1624 the copper price was high.

When it fell in late 1620s the country minted copper coins in vast numbers. The volume was such that the coins’ effective purchasing power declined such that on August 26, 1633 the official value of copper öre coins was reduced by 50 per cent.

This move brought two different monetary systems into existence: daler silvermynt [or daler silver coins] aka D.S.M., and daler kopparmynt [or daler copper coins] aka D.K.M. with 1 D.S.M. = 2 D.K.M. Ten years down the track copper öre were devalued by a further 20 per cent, with 1 D.S.M. = 2.5 D.K.M. In 1665 a further devaluation saw 1 D.S.M. = 3 D.K.M. This reduction remained in place until 1776.

Swedish book-keepers of the period must have gone prematurely grey. They needed to operate two accounting systems that distinguished daler/mark/öre silvermynt from daler/mark/ öre kopparmynt. But it got worse!

Some copper coins were minted denominated with silvermynt values. As a consequence, it was necessary to show whether payments were made in actual silver coins or silvermynt-denominated copper. Terms were introduced such as “daler/ www.tokenpublishing.com

May 2011

Background Strap mark silvermynt specie” or “daler/mark vitt mynt” [daler/mark white coins]. Debts incurred in one type of currency had to be paid back in the same currency. Life in the Swedish marketplace was not just tough, it was downright confusing.

From the 1660s the term “carolin” was introduced for actual silver mark coins and “courant” for actual silver öre coins. One carolin was equal to two marks in actual silver minor coins, and one daler carolin to 4 marks in actual silver minor coins or two carolins. One öre courant was the same as one öre in actual silver coins, and one daler courant was equal to 32 öre courant.

Time yet for those two Panadol and a good lie down? But wait, there’s more! In next month’s issue one banker goes to jail and a second loses his head.

The monarch who gave Sweden copper plate money, Christina Alexandra, Queen regnant 1632–54: scholar par excellence, linguist, horseman, swordsman, patron of the arts, astronomer. Image Wikimedia.

Gustav II riksdaler of 1616.

Classic Swedish riksdaler of Queen Christina of 1642 that circulated well into the 18th century.

Charles XII daler silvermynt copper plate money, 146 x 142 mm, 1715.

Choice copper plate money of Ulrika Eleonora for 1/2 daler silvermynt from 1720, 110 x 85 mm.

Copper ore: top, Gustav II, 1630; bottom, Charles XI, 1684. The crossed arrow reverse is distinctive of this denomination.

Scarce Frederick I 4 daler silvermynt copper plate money of 1734.

May 2011

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Frederick I 2 daler silvermynt copper plate money, 1742, with four dates and five clear stamps. Image courtesy Ponterio & Associates.

All coin images courtesy Heritage Auction Galleries unless noted otherwise.

Coin news

49

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May 2011

Viewpoint Strap

JIM JACOBS

LARGEST COIN YEAR COLLECTION?

A

S MOST coin collectors know, only two types of coins were minted for circulation in 1933. The total number of coins produced was 23,103,500, which represents the lowest mint production in 138 years. To put that in perspective, this quantity is not sufficient to supply each Texas citizen with even a single coin. My collection with a composite total of over 33,000 (about 8 of 5,005 bags produced) represents more than 0.014 per cent (or 1/700th) of the total coins minted that year. Currently I have approximately 30,000 cents and over 3,000 half dollars. Due to attrition from various sources, the number of currently surviving coins must be considerably less. From that standpoint, my collection should represent a much higher percentage of existing coins and I can only guess as to what that might be.

By way of history, I became interested and started collecting coins in my late forties. After a short time I noticed that 1933, which was my birth year, appeared to be very unique from a numismatic standpoint.

I did a substantial amount of research and discovered many interesting facts about the 1933 coinage. Many of these facts were published in the March 19, 1983, issue of Numismatic News.

As I have learned, the 1933-S half dollar is probably scarcer than most collectors realize. Over 8 per cent of my coins appear to have a weak strike on the date and only the “33” is visible. Despite this, most of these coins have full rims and other attributes that would likely enable them to grade Fine or better. If these coins had remained in circulation a little longer, the date would have been completely worn and they, as well as countless others, would probably have been sold and melted for their silver value. Also, I suspect that many other 1933 half dollars were lost when silver reached 50 dollars an ounce about 30 years ago. I believe that many of the nice 1930s silver coins were sold for bullion since that exceeded their numismatic value. Also of note is that the 1933 half dollar mintage represents the lowest quantity produced in the past 115 years, and it was the smallest mintage of precious-metal coins issued in 185 years. Fewer silver coins were minted in May 2011

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1933 (1,786,000) than in any other year since, which includes the Civil War. This uniqueness and my birth year coincidence sparked my interest and prompted me to concentrate on that date. My goal was to own more 1933 coins than anyone else, thereby making it, by percentage, the largest year collection of United States coins. It also occurred to me that the depression years of 1931 and 1932 also had in common that low coin mintage. Thinking that someone else might also try to collect coins from these years and compete with me, I began to buy these dates as well. A Coin World article from December 26, 1984, appears to support that concern in that Dr Jerry Buss, owner of Los Angeles Lakers basketball team, may have had the same idea. An article about the auction of the Buss Collection read in part, “In the Lincoln cent series will be more than 15,000 1932-D cents in circulated grade”. The article additionally states that Buss, when he started collecting cents in the early 1960s, accumulated many circulated rolls of the semi-key and less common dates. He reportedly looked at the mintage, estimated the rate of attrition, and then determined how much money it would take to corner the market. Fortunately for me, his collection habits changed and he did not pursue it further than he did. Dr Buss was the owner of two of America’s most expensive coins, one of which

Coin news

51

Viewpoint

was the 1933 Double Eagle. By purchasing the 1931 and 1932 coins as well as the 1933s, it would make it harder for anyone to accomplish what I was trying to do. On the other hand, if they were to try, it would drive up the price of my coins, and I could profit from my earlier purchases.

I started my collection by purchasing primarily circulated rolls of 1933-P cents which were selling for around $15 per roll. Also, I bought some 1933-Ds and half dollars at the right price. I was fortunate enough to have had several dealers around the country buying for me over the next couple of years, which seriously helped my totals. My initial goal was to procure about 23,000 coins or about 0.01 per cent of the total 1933 coin mintage. When I finally reached that goal my interest in collecting waned, but in the process, the 1933-P cents had escalated to about $45 per roll.

Before and during my active collecting phase, I was also in the business of making coin card displays (as pictured here) as a related sideline for sale to collectors. However, the idea never really took off. These included some with 1933 coins inserted titled “THE 1933 COLLECTION.--- A RARE YEAR IN NUMISMATICS”. A few years later I got into the vintage newspaper business (1876–1976 printings) and soon forgot about coins. When eBay came along, I sold vintage newspapers online and currently still sell them there under the name “jimspages”. However, about three years ago my interest was again reignited in my 1933 coin collection. I attribute this to the soon-to-be 75th anniversary of the 1933 coins, as well as my 75th birthday. Since I was familiar with eBay, it made it easy for me to start purchasing these coins again. As a result of that endeavour, I have added over 10,000 more 1933 coins to my original collection and continue to buy more as I find them today.

I would be very interested to learn if anyone knows of a larger year collection, by percentage or otherwise. I can be contacted via email at jimjacobs75@yahoo.com.

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May 2011

May 2011

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May 2011

Medallic miscellany AS we celebrate the Royal Wedding DAVID MATTHEWS looks at another, earlier, Royal occasion and examines some of the numismatic memorabilia created to commemorate the event . . .

Birmingham H

celebrates 1911 Coronation Commemoratives

AD it been possible to read the signs in 1911, maybe some of the ensuing disasters could have been avoided. Germany was flexing its naval muscles and in Morocco its territorial muscles were being exercised; all precursors to World War I. RMS Titanic was floated at Harland & Wolff in Belfast before being fitted out for its disastrous first voyage in 1912. The suffragettes were upping the ante in their crusade for equal rights which saw Emily Davison trampled to death beneath the hooves of the King’s horse, Anmer, ridden by Herbert Jones at the 1913 Epsom Derby. However, in the almost uninterrupted sunshine in the summer of 1911, all fractiousness was put aside and all eyes focused on Westminster Abbey where George V was crowned on June 22, following the death of Edward VII on May 6, 1910 after a series of heart attacks. And the whole country joined in the celebrations to welcome the new King and his Queen, Mary.

In Birmingham there were numerous events organised but in one respect, it was not so easy to co-ordinate because it was in the midst of an expansion programme. True the city was much smaller than it is now, although it had already absorbed Harbourne, Balsall Heath, Saltley, Ward End and Quinton. However, the Bill to incorporate Aston, Erdington, Handsworth, Kings Norton & Northfield and Yardley did not come into effect until November 9, 1911. The latter districts were still grasping after their autonomy and would not easily fall in line with those who would take over their decision-making, financial and otherwise.

Such feelings over-spilt in the various subcommittees that arranged the Coronation celebrations. Aston was rebuffed when it asked Birmingham if it would provide the fireworks for the Aston Park display. Instead, Birmingham increased the burden on Aston by sending an additional 8,000 children to the event. As it was, the Aston children did not suffer and 15,000 were treated to teas and amusements and each child received a commemorative medal. These were manufactured by George D. Gilbert who worked successively in Branston Street, Hylton Street and Key Hill Drive in the Birmingham Jewellery Quarter between 1910 and 1917. The medals were in bronzed white metal and others were in aluminium. The usual reason for producing in different metals is that the cheapest would go to the children, while the more limited editions went to civic dignitaries. Both medals were of the same design and they strongly emphasised they were not of Birmingham but of Aston Manor, carrying the Aston coat of arms and the name of its mayor, Alfred Taylor.

In the Sparkhill and Greet areas of Yardley, it was considered a mockery to pin medals onto the rags and tatters worn by the children and it was suggested that the £42 collected to produce 6,000 medals would have been better spent on shoes and clothing. However, the majority of the spend went on providing food and entertainment for the children and elderly. Yardley and Acocks May 2011

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Green medals were produced in bronze by William James Dingley & Company in its Birmingham premises at 77 Warstone Lane and other than the differing names of the districts, they were identical in design. The firm operated from 1885 to 1961 making medals, badges and jewellery. The Dingley medals were for Royal events as well as for local and national issues and any other event worthy of commemoration, such as the opening of the University of Birmingham in 1909.

Additionally, W. J. Dingley were responsible for the Handsworth medal which was also made of bronze but with a diameter 6mm larger than those for Acocks Green and Yardley. More effort and thought (and possibly money) were put into the Handsworth reverse design which carried a view of Staffordshire Council House, the building that currently houses Handsworth public library.

10,000 of these medals were produced and they were handed out to the children as keepsakes of the Coronation. Sadly, what would have better stayed in the minds of the children as a reminder of June 22, 1911 had to be abandoned because of high winds. That was the scheduled balloon ascent in the charge of Lieutenant Lempriere as part of the Handsworth celebrations.

For the nearby County Borough of Smethwick, W. J. Dingley also produced the larger medal but there was no scene on the reverse, only words.

However, the medal was issued only to the boys while the girls received a pendant and chain instead. In total there were some 30,000 children to cater for so it would seem about 15,000 medals were produced.

In Erdington no commemorative medals were issued to the children but 5,500 specially designed enamelled mugs were handed out instead.

The final W. J. Dingley production was for Birmingham itself, a total of 98,000 medals were made in bronze bearing the coat of arms of the city. Another unknown maker produced medals for Birmingham in pewter with a differing motto that stated “The City of Birmingham Council Schools Commemorate the Coronation” around

The Aston Manor medal came in bronzed white metal and aluminium.

The Handsworth medal bears a design of the Staffordshire Council House.

Coin news

55

Medallic miscellany

The Kings Norton medal depicts the spire of St Nicholas church.

The Great Barr medal became the subject of a police investigation.

Elect cocoa offered a handsome medal in gilt bronze.

Barratts Sweets medal was made in Germany.

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Coin news

“Lord Mayor Alderman W. H. Bowater” in the centre. The 98,000 medals were for the children at public elementary schools, the industrial and Poor Law schools, inmates of Mason’s Orphanage, the Blind Institution and the Children’s Hospital, so hopefully no-one was left out.

And it seemed no-one missed out in the Kings Norton celebrations which kicked off earlier than anywhere else in the locality with the pealing of the bells of St Nicholas church, the spire of which appears on the reverse of the medal for the Kings Norton and Northfield Urban District Council. The view of the tower is as per the motif used by the Council but it is not an accurate representation, not least because of the number of windows shown. Be that as it may, the medal is 37mm in diameter and was made of bronze by Brookes and Adams of 250 Barr Street, Birmingham.

This company started as a partnership between Thomas Brookes and Thomas Adams in 1853, with their business being diesinkers, medallists, stampers, piercers and makers of fancy metal articles. Adams had no sons and when Brookes retired in 1901, the business was left to his sons, Frederick and Herbert. It became Brookes and Adams Ltd in 1920 and since 1935 it has manufactured yacht and boat fittings. But back to the medals and these were issued to the school children while the same medal was made for the firemen but it is presumed they were in silver as they cost six times more than those in bronze.

Staying with the Kings Norton children, behind the brass band, herald and 24 sailors, Nellie Atkins was dressed as Britannia and Reg Hawthorn as John Bull, leading a bulldog.

There followed Judy and four Punches as well as “diminutive diminutive representations of Scotch, Irish, Dutch, German, Hungarian, African, Indian, Red Indian, Japanese, Chinese, etc.”. ”. Again, the children were later given tea after the older villagers had received dinner, paid for out of the £400 allocated to the Coronation Committee.

Different councils were able to arrange different events in honour of the new King and Queen. Because of its prominent peak, Great Barr lit a bonfire at 10pm on the Beacon, simultaneously with a long chain of hilltops stretching the length and breadth of Britain and there was an accompanying discharge of fireworks.

H. B. Sale Ltd of Constitution Hill, Birmingham was responsible for the manufacture of various medals between 1881 and 1911. It produced a Coronation commemorative for Great Barr as well as nearby Walsall, both carrying the same design registration secured under the Patents

& Designs Act 1907. The Great Barr medal has the Beacon on it, crowned with 12 trees and this medal was the subject of a police investigation.

This was because H. B. Sale Ltd noticed the loss of copper and medals from its premises.

Frank Sale had reason to suspect an employee, James Hancox, and when the police visited the employee’s home, they discovered six pounds of copper and 70 medals, plus they caught him carrying sheet metal when he left work on May 31. A prosecution followed.

Another bonfire was lit locally and that was in Sutton on the hill between the Crystal Palace and Hollyhurst. To balance the books for this and other extravaganzas, the Council decided to charge admission to Sutton Park on June 22 and 23, with adults paying sixpence, under 16s threepence and under 12s one penny, but there was a payback. This was in the form of souvenir boxes containing Rowntrees Elect chocolate being given to 100,000 children at the fete in the Crystal Palace which would suggest many children attended from elsewhere as only 3,200 school children were presented with commemorative cups and medals. As for the Council members, they received silver gilt or aluminium medals (reports vary as to the metal used) with the Boroughs Tudor Arms and the name of the Mayor, T. H. Cartwright, on one side and the King and Queen on the other side of the 38mm flan. They bear the mark “Vaughton, Birm” in tiny letters, weakly impressed.

Advertisements at the time of the Coronation offered a free Medal and Cup in exchange for 2d postage if you agreed to try Elect cocoa. These medals were made by the Birmingham firm of Vaughtons in gilt bronze and had a diameter of 32mm. The only “fault” with them was that they carried the inscription “Struck by the makers of Elect cocoa” when more properly it should have read “Struck for the makers of Elect cocoa”. The medals are not marked with a manufacturers name but they do carry the design registration number 571877 which was granted to Vaughtons on October 18, 1910, in the same way that the H. B. Sale medals carried its number.

Rowntrees were not the only confectionery company to have a medal issued in 1911. There was also one for Barratts that advertised “Sweets are Pure” while on the other side were facing busts of the new King and Queen. These medals were made in Germany.

Not all the medal makers were Birmingham firms and some of the places considered did not join Birmingham until after 1911 (or never have).

However, the medals and the Councils helped to create a memorable coronation in and around the City one hundred years ago, in a summer in which the sun rarely stopped shining.

Sources BROWN, L., British Historical Medals 1760–1960, volume 3, 1995.

Hawkins, R. N. P., A Dictionary of Makers of British metallic tickets, checks, medalets, tallies and counters 1788–1910, 1989 reprint.

LEATHER, P., A Brief History of Birmingham, 2000.

LEATHER ROGERS, C. A. P., Some Account of Kings Norton in the Twentieth Century, 1972.

VINCE, C. A., The History of the Corporation of Birmingham, 1900–15, volume 4, 1923.

Minutes of Kings Norton & Northfield Urban District Council meeting, June 7, 1911.

Minutes of the Quarterly Council Meeting, Borough of Sutton Coldfield, May 3, 1911.

Kellys Directories of Birmingham, 1911, 1915 and 1918.

Souvenir Programme of Coronation Festivities and Short History of The Royal Town of Sutton Coldfield.

Birmingham Gazette & Express.

Birmingham Weekly Mercury.

Sutton Coldfield News. www.tokenpublishing.com

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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

A. Wallace has recently acquired the bronze token featured below which he hopes we may be able to help identify.

Q

D. Mabbott is puzzled by this brass token in his collection which he has been unable to identify.

The token is identical on both sides.

Not shown at actual size

A

Howard Simmons has taken a look at this token for us and advises that this is, in fact, an example of a modern slot-machine token probably dating from 1950–1970 period.

A

Howard informs us that this is a promotional token given out by the Reader’s Digest. For most of the post-war period Reader’s Digest were at the forefront of marketing innovation and used tokens quite extensively. These interesting promotional tokens are, however, fairly common.

Q

R. Edwards has supplied a drawing of a coin he purchased more than 50 years ago but despite his best efforts, has been unable to pinpoint the origin of the coin.

A

Mike Vosper has helped us out with this one—from the drawing, he believes it is a bronze as, possibly struck in Corinth c. 39–36 BC. The obverse has the head of Marc Antony.

The reverse is inscribed “P AEBVTIO C PINNIO IIVIR”, with the prow of a ship to the left.

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

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

www.weightoncoin.co.uk 18 High Street, Market Weighton, York, YO43 3AH We also buy single coins or whole collections.

ABC Coins and Tokens We stock a large selection of Scottish coins, tokens and communion tokens and also offer a wide range of hammered and milled British and World coins, tokens and numismatic books.

Alnwick British and Colonial Coins and Tokens P. O. Box 52, Alnwick, Northumberland NE66 1YE, United Kingdom Website: www.abccoinsandtokens.com E-mail: d-stuart@d-stuart.demon.co.uk Telephone David at: 01665 603851

60

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May 2011

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Coin News

61

Coin price guide

Price guide to: Pennies 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

Mintage

F

VF

EF

UNC

GEORGE III (1760–1820)

George III cartwheel penny 797 “Cartwheel”, 10 laurel leaves . 8,601,600 1797 — 11 laurel leavesincl. above — 1806 Third type .............................

— 180.................................................

— 1808..............................................

£20 £20 £6 £6

£50 £50 £15 £15

£300 £900 £300 £900 £70 £240 £70 £240 Unique

GEORGE IV (1820–30)

Date

Mintage

2011 N D E ITIO NOW BLE AVAILA

F

VF

EF

UNC

1841 No colon after REG ............. i ncl. above £8 £20 £140 £550 1843............................................... 483,840 £75 £250 £1200 £3000 1844............................................... 215,040 £10 £25 £110 £340 1845............................................... 322,560 £15 £35 £180 £550 1846............................................... 483,840 £15 £25 £130 £450 1846 FID: DEF colon spaced........ incl. above £15 £25 £140 £450 1846 FID:DEF colon close ............. incl. above £16 £25 £140 £500 1847............................................... 430,080 £8 £20 £120 £350 1848............................................... 161,280 £8 £20 £100 £350 1848/7 final 8 over 7 ...................... incl. above £7 £20 £100 £300 1848/6 final 8 over 6 ...................... incl. above £20 £100 £450 — 1849............................................... 268,800 £175 £500 £1850 — 1851............................................... 268,800 £10 £30 £130 £500 1853............................................... 1,021,440 £7 £14 £75 £130 1853 Proof .....................................

— — — — £1000 1854............................................... 6,720,000 £8 £18 £80 £135 1854/3 4 over 3 ............................. incl. above £12 £40 £150 — 1855............................................... 5,273,856 £8 £18 £80 £200 1856............................................... 1,212,288 £80 £200 £600 £2000 1857 Plain trident .......................... 752,640 £7 £18 £80 £230 1857 Ornamental trident ............... incl. above £6 £18 £70 £220 1858/7 final 8 over 7 ...................... incl. above £7 £18 £75 £240 1858/3 final 8 over 3 ..................... incl. above £25 £90 £400 — 1858.............................................. 1,599,040 £7 £16 £80 £220 1859.............................................. 1,075,200 £8 £25 £100 £300 1860/59 ........................................ 32,256 £350£1000 £2750 £5000 Prices of bronze pennies of Victoria bun head are for the common type, there are many varieties.

George IV penny 1825............................................... 1,075,200 £12 £40 £240 £550 1826 (varieties) .............................. 5,913,600 £12 £40 £240 £550 1826 Proof .....................................

— — — — £450 1827............................................... 1,451,520 £170 £600 £2200 — WILLIAM IV (1830–37)

William IV penny 1831 (varieties) ..............................

1831 Proof .....................................

1834...............................................

1837...............................................

YOUNG HEAD ISSUES

806,400 — 322,560 174,720

Coin news

£350 £850 — £600 £400 £1100 £650 £2000

VICTORIA (1837–1901)

Victoria YH penny Copper 1839 Proof ..................................... unrecorded 1841............................................... 913,920

62

£20 £60 — — £25 £70 £55 £170

— — £7 £20

— £1250 £140 £600

Bronze 1860 Beaded border .................... 5,053,440 £ £25 £45 £150 £600 1860 Toothed border .................... incl. above £6 £16 £55 £250 1860 — Piedfort flan..................... — Extremely rare 1861.............................................. 36,449,280 £5 £12 £50 £200 1862.............................................. 50,534,400 £5 £12 £50 £200 1862 8 over 6................................ incl. above Extremely rare 1863.............................................. 28,062,720 £5 £12 £45 £200 1863 Die no below date ............... incl. above Extremely rare 1864 Plain 4 .................................. 3,440,640 £25 £120 £500 £1800 1864 Crosslet 4 ............................ incl. above £25 £110 £500 £2000 1865.............................................. 8,601,600 £7 £16 £55 £300 1865/3 5 over 3 ............................ incl. above £40 £125 £450 — 1866.............................................. 9,999,360 £6 £18 £70 £350 1867.............................................. 5,483,520 £7 £18 £85 £650 1868.............................................. 1,182,720 £15 £70 £200 £700 1869.............................................. 2,580,480 £120 £400 £1250 £3500 1870.............................................. 5,695,022 £9 £35 £125 £500 1871.............................................. 1,290,318 £35 £120 £450 £1750 1872.............................................. 8,494,572 £6 £20 £60 £225 1873.............................................. 8,494,200 £6 £20 £60 £225 1874.............................................. 5,621,865 £7 £20 £60 £225 1874 H .......................................... 6,666,240 £7 £22 £60 £225 1874 Later (older) bust ................. incl. above £12 £30 £85 £350 1875.............................................. 10,691,040 £7 £22 £75 £275 1875 H .......................................... 752,640 £35 £110 £800 £2500 1876 H .......................................... 11,074,560 £5 £12 £60 £220 1877.............................................. 9,624,747 £5 £14 £55 £220 1878.............................................. 2,764,470 £5 £14 £55 £220 1879.............................................. 7,666,476 £4 £12 £55 £220 1880.............................................. 3,000,831 £4 £12 £55 £220 1881.............................................. 2,302,362 £5 £12 £55 £220 1881 H .......................................... 3,763,200 £5 £12 £55 £200 1882 H .......................................... 7,526,400 £5 £12 £55 £200 1882 no H .....................................

— Extremely Rare 1883.............................................. 6,237,438 £5 £14 £55 £190 1884.............................................. 11,702,802 £5 £14 £55 £190 1885.............................................. 7,145,862 £5 £14 £55 £190 1886.............................................. 6,087,759 £5 £14 £55 £190 1887.............................................. 5,315,085 £5 £14 £55 £190 1888.............................................. 5,125,020 £5 £14 £55 £190 1889.............................................. 12,559,737 £4 £14 £50 £200 1890.............................................. 15,330,840 £4 £14 £50 £180 1891.............................................. 17,885,961 £4 £12 £50 £180 1892.............................................. 10,501,671 £4 £12 £60 £180 1893.............................................. 8,161,737 £4 £12 £50 £175 1894.............................................. 3,883,452 £8 £30 £100 £300

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May 2011

Coin price guide Date

Mintage

F

VF

EF

UNC

OLD HEAD ISSUES

Victoria OH penny 1895 Trident 2mm from P(ENNY) . 5,395,830 £10 £55 1895 Trident 1mm from P ............. incl. above — £2 1896.............................................. 24,147,156 — £2 1897.............................................. 20,756,620 — £2 1897 Raised dot after One (O.NE) . £125 £225 1898.............................................. 14,296,836 — £3 1899.............................................. 26,441,069 — £3 1900.............................................. 31,778,109 — £3 1901.............................................. 22,205,568 — £3

£160 £450 £18 £75 £18 £65 £15 £60 £650 — £18 £60 £16 £50 £16 £40 £10 £30

Date

Mintage

F

VF

EF

UNC

1919 H .......................................... 5,209,600 £1 £15 £200 £700 1919 KN........................................ incl. above £10 £85 £650 £2500 1920.............................................. 124,693,485 — £2 £12 £30 1921.............................................. 129,717,693 — £2 £12 £30 1922.............................................. 16,346,711 — £2 £20 £80 1922 with reverse of 1927 ............. £1000 £2500 — — 1926.............................................. 4,498,519 — £6 £25 £110 1926 Modified effigy ..................... incl above £25 £140 £800 £2500 1927.............................................. 60,989,561 — £2 £10 £35 1928.............................................. 50,178,00 — £2 £10 £35 1929.............................................. 49,132,800 — £2 £10 £35 1930.............................................. 29,097,600 — £2 £18 £60 1931.............................................. 19,843,200 — £2 £10 £45 1932.............................................. 8,277,600 — £2 £12 £80 1933...............................................

Only 7 examples known 1934.............................................. 13,965,600 — £2 £25 £65 1935.............................................. 56,070,000 — — £2 £10 1936.............................................. 154,296,000 — — £2 £10 GEORGE VI (1936–52)

EDWARD VII (1901–10)

George VI penny

Edward VII penny 1902.............................................. 26,976,768 1902 “Low tide” to sea line .......... incl. above 1903.............................................. 21,415,296 1904.............................................. 12,913,152 1905.............................................. 17,783,808 1906.............................................. 37,989,504 1907.............................................. 47,322,240 1908.............................................. 31,506,048 1909.............................................. 19,617,024 1910.............................................. 29,549,184

— £1 £4 £15 — £3 — £4 — £3 — £3 — £3 — £3 — £3 — £3

£8 £25 £60 £175 £15 £75 £25 £140 £15 £80 £15 £70 £15 £70 £18 £80 £20 £120 £15 £60

GEORGE V (1910–36)

ELIZABETH II (1952–

George V penny 1911.............................................. 23,079,168 1912.............................................. 48,306,048 1912 H .......................................... 16,800,000 1913.............................................. 65,497,812 1914.............................................. 50,820,997 1915.............................................. 47,310,807 1916.............................................. 86,411,165 1917.............................................. 107,905,436 1918.............................................. 84,227,372 1918 H .......................................... 3,660,800 1918 KN........................................ incl. above 1919.............................................. 113,761,090

1937............................................... 88,896,000 — — 1937 Proof .....................................

26,402 — — 1938.............................................. 121,560,000 — — 1939.............................................. 55,560,000 — — 1940.............................................. 42,284,400 — — 1944 Mint Dark ............................. 42,600,000 — — 1945 Mint Dark ............................. 79,531,200 — — 1946 Mint Dark ............................. 66,855,600 — — 1947.............................................. 52,220,400 — — 1948.............................................. 63,961,200 — — 1949.............................................. 14,324,400 — — 1950.............................................. 240,000 £7 £15 1950 Proof ................................... 17,513 — — 1951.............................................. 120,000 £18 £30 1951 Proof .................................... 20,000 — —

— — — — — — — — — — — £30 — £50 —

£4 £10 £6 £12 £18 £8 £8 £7 £5 £5 £8 £50 £25 £70 £40

)

Elizabeth II penny — £3 — £3 — £4 — £3 — £3 — £3 — £3 — £3 — £3 £1 £15 £7 £70 — £2

£12 £50 £12 £45 £40 £200 £15 £70 £18 £70 £20 £80 £15 £60 £15 £50 £12 £50 £100 £450 £500 £2000 £15 £45

1953.............................................. 1,308,400 1953 Proof .................................... 40,000 1954...............................................

1961.............................................. 48,313,400 1962.............................................. 143,308,600 1963.............................................. 125,235,600 1964.............................................. 153,294,000 1965.............................................. 121,310,400 1966.............................................. 165,739,200 1967.............................................. 654,564,000

— — — — — — — — —

— £1 £4 — — £7 Only one known — — £2 — — 50p — — 50p — — 50p — — 50p — — 50p — — —

Later issues are included in the Decimal section.

Coming next month:

Illustrated Price Guide to: threepences, twopences and three-halfpences May 2011

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Coin news

63

Richard Plant

COIN OF H T N O M E H T Jesus’ earthly father

Y

OU can get some really big surprises when reading numismatic auction catalogues. I certainly did recently. I have seen loads of coins showing Mary, the mother of Jesus; with or without our Lord; but never any of Joseph holding Him. I realise that Jesus’ father was actually God Himself; but Joseph was acting as His father for at least the first few years of His life. Then in the November/December 2010 Numismatica Genevensis listings I saw a Papal States silver teston (listed as No. 724), with the reverse described as “St Joseph holding the Child Jesus”. As there is no legend on the coin to clarify this—only the details of the reigning Pope, I felt this description of the reverse might be in error, and so did some research on the subject.

The Bible does not tell us much about Joseph, apart, that is, from his dilemma at finding that Mary is pregnant before their marriage, and his part in the “Flight into Egypt” as told

by St Matthew’s Gospel, and a mention of his name by St Luke in his genealogy of Our Lord in chapter 3 of his gospel.

We have to wait until post-Biblical days to learn more of his “story”. The legends begin with the Protevangelium of St James, written around AD 150, which did not get into our Bible. It goes like this: Mary had been dedicated to God by her parents, and was brought up by the priests in the Temple at Jerusalem from the age of three until she was 14. At this point the priests decided, with God’s help, to plan her marriage. They thereupon invited a number of widowers to apply for the position of Mary’s husband, believing that God would show them which man to choose. Joseph was the oldest of the applicants, being 90 years of age at the time according to some versions of the story. Each widower was to bring a staff with him to the Temple leaving it in a certain place, and, as the priests believed, God would use the staffs to indicate the right man. The staffs of the others did nothing in particular; but a dove rose up from Joseph’s.

The trouble with myths and legends is that they tend to pick up alternative versions; and the Golden Legend, written between c.1250 and 1275, states that Joseph’s staff showed God’s approval by growing a bouquet of flowers from its top—on the Papal teston we can see those flowers at the top of the staff, proving that this is indeed Joseph standing holding Jesus.

The coin was minted by Pope Clement XI, 1700–1721, who was a member of the Albani family. The arms of this family are those in the shield on the obverse below the Papal triple tiara and the keys of St Peter. ANN. VII means the 7th year of the Pope’s reign, so this coin was minted in 1706.

If Joseph was indeed an elderly widower when he married Mary, this would explain why there is no mention of him in the later story of Jesus—he was no longer alive. It could also point to Jesus’ “brothers and sisters” being actually the children of Joseph’s first marriage.

Sometimes we can learn a lot from a coin!

64

Coin news

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May 2011

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Coin News

65

R I C H A R D W. J E F F E R Y The name in coins and banknotes for over 40 years

~OFFERS FOR SALE~

FIVE POUNDS UNC £1,795.00 PROOFLIKE UNC £1,875.00 UNC £1,825.00 EDWARD VII AUNC £1,745.00 CASED UNC £1,350.00 CASED UNC £1,245.00 CASED UNC £1,245.00 CASED UNC £1,245.00 CASED UNC £1,225.00 CASED UNC £1,225.00 CASED UNC £1,225.00 CASED UNC £1,225.00 CASED UNC £1,225.00 CASED UNC £1,275.00 CASED UNC £1,225.00 CASED UNC £1,225.00 CASED UNC £1,275.00 CASED UNC £1,225.00 TWO POUNDS 1887 JUBILEE HEAD UNC £795.00 1887 JUBILEE HEAD AUNC £725.00 1902 EDWARD V11 BU £975.00 1995 DOVE PROOF FDC £645.00 2003 DNA PROOF FDC £545.00 2004 TREVITHIC PROOF FDC £545.00 2005 PLOT PROOF FDC £545.00 2006 BRUNEL SET FDC TWO COINS £975.00 SOUTH AFRICA 1893 POND NICE VF £275.00 1967 TWO RANDS PROOF £255.00 1975 PROOF SET CASED 10 COINS SOV DOWN £395.00 1977 GOLD & SILVER JORDAN THREE COIN PRF SET CASED FDC £1,175.00 QUARTER SOV 2009 BU £65.00 USA 1853 FIVE DOLLARS V-RARE C MINT MARK GEF £2,450.00 1851 GOLD DOLLAR EF £245.00 1853 GOLD DOLLAR EF £245.00 1851 G DOL EX MT AEF £55.00 GOLD PROOF CROWN CASED CERT 2001 VICTORIA FDC £1,350.00 2002 JUBILEE FDC £1,350.00 NETHERLANDS 1897 10 GULDEN AUNC £235.00 SWISS 1922 10 FRANCS AUNC £95.00 AUSTRALIAN SOVEREIGN 1870 SYDNEY VF £255.00 1870 SYDNEY AVF £235.00 2005 SYDNEY UNC £245.00 MEXICO 1906 5 PESOS UNC £85.00 1959 10 PESOS UNC £195.00 BRITANNIA 2001 10 POUNDS UNC £115.00 1987 50 POUNDS PR FDC £525.00 QUARTER SOV 2009 UNC £65.00 2010 UNC £65.00 2010 PROOF CASED FDC £85.00 MEXICO 1826 HALF ESCUDO AUNC £225.00 ITALY 1865 20 LIRA AUNC £225.00 1882 20 LIRA AUNC £225.00 FRENCH 1811 A 20 FRANCS GVF £245.00 IRAN 1916 1 TOMAN EF £114.00 1916 5000 DINAR GVF £85.00 AUSTRIA 1868 1 DUCAT GEF £125.00 1892 4 FLORIN RES UNC £90.00 1892 8 FLORIN RES UNC £195.00 PERU 1962 1/5 LIBRA UNC £72.00 SARDINIA 1851 10 LIRA GVF £235.00 GUATAMALA 1860 4 REALES AUNC £165.00 INDIA 1740 S GOLD FANAM GVF £24.00 1887 1887 1902 1902 1989 1990 1991 1993 1995 1996 1997 1998 2001 2002 2003 2004 2005 2006

1973 1899 1980 1983 1989 2001 2002 2005 2005 2008 1802 1804 1810 1718 1762 1825 1851 1853 1858 1859 1859 1860 1861 1867 1869 1869 1870 1872 1877 1877 1883 1883 1884 1885 1887 1887 1892 1893 1896 1898 1907 1908 1911 1911 1911 1912 1913 1914 1926 1937 1980 1982 1982 1982 1983 1984 1984 1985 1986 1987 1988 1989 1990 1991 1993 1994 1995 1996 1997 1998 2002 2005 1671 1716 1777 1789 1787 1794 1798 1798

BAHAMAS 50 DOL PROOF FDC £245.00 RUSSIA 10 ROUBLES GVF/AEF £265.00 GOLD PROOF SETS £5 DOWN 4 COINS £1,975.00 £2 DOWN 3 COINS £895.00 £5 DOWN 4 COINS £3,250.00 £2 DOWN 3 COINS £925.00 £5 DOWN 4 COINS £2,375.00 £2 DOWN 3 COINS £975.00 £5 DOWN 4 COINS £2,350.00 £2 DOWN 3 COINS £975.00 THIRD GUINEAS VF £225.00 GF/AVF £165.00 UNC £525.00 QUARTER GUINEA GEORGE 1 AUNC £775.00 GEORGE 111 AUNC £725.00 HALF SOVEREIGNS SUPERB UNC £975.00 GVF £165.00 GEF £265.00 SUPERB UNC £875.00 AVF £165.00 AUNC £325.00 VF £175.00 GVF £175.00 GVF £175.00 AVF £165.00 AUNC £325.00 AUNC £285.00 NOSE TO T AVF £175.00 GVF £165.00 VF £155.00 EF £205.00 AUNC £245.00 AEF/EF £185.00 AEF/EF £185.00 JUB HD AUNC £145.00 JUB HD UNC £165.00 JUB HD AUNC £165.00 MEL JUB HD GEF £875.00 SUPERB UNC £170.00 SUPERB UNC £170.00 EF £130.00 EF £130.00 PROOF FDC £350.00 AUNC £125.00 UNC £130.00 AUNC £125.00 UNC £130.00 UNC £130.00 SOUTH AFRICA UNC £155.00 PROOF FDC £450.00 PROOF CASED FDC £125.00 NO CERT PROOF £120.00 PROOF CASED FDC £125.00 UNC £120.00 PROOF CASED FDC £130.00 NO CERT PROOF £120.00 PROOF CASED FDC £130.00 PROOF CASED FDC £165.00 PROOF CASED FDC £165.00 PROOF CASED FDC £165.00 PROOF CASED FDC £165.00 PROOF CASED FDC £425.00 PROOF CASED FDC £195.00 PROOF CASED FDC £195.00 PROOF CASED FDC £185.00 PROOF CASED FDC £175.00 PROOF CASED FDC £175.00 PROOF CASED FDC £175.00 PROOF CASED FDC £175.00 PROOF CASED FDC £175.00 UNC £135.00 UNC £135.00 GUINEAS VF £1,875.00 EX MOUNT NEAR FINE £245.00 GVF £595.00 GEF £975.00 EX MOUNT GF/NVF £235.00 GF/VF £365.00 GEF £875.00 LIGHT TONE AUNC £925.00

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$UJHQWXP DQG &RLQV 6SHFLDOLVLQJ LQ %ULWLVK PLOOHG FRLQV IURP WR GDWH 9DOXDWLRQ VHUYLFH DYDLODEOH IRU LQVXUDQFH RU SUREDWH

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67

Replacement contagion DR KERRY RODGERS searches for meaning in numbers . . .

Replacement, n. 2.

A person who, or thing which, replaces another, esp. as a substitute. OED

O

NE of the first mildly obsessive banknote collectors I ever met was hooked on replacements. I can only assume I caught something from him. I don’t collect replacement notes exclusively as he did, but they did become, and still are, an integral part of my Fijian paper money collection.

Essentially a replacement banknote is one printed to replace a faulty note. In the bad old days, if a note was misprinted or damaged during production, a new note having the identical serial number was printed and substituted for the flawed note in the numerical sequence. This was both time-consuming and labour-intensive, i.e. expensive.

A time- and cost-saving solution was found in the printing of a series of special notes that could be used to replace defective notes. Regardless of the number of errors occurring in a particular sequence, the insertion of the replacement notes ensures that the number of notes in that sequence remains constant and that control is maintained over the number of banknotes printed and issued.

Different countries and different security printers use different devices to identify replacement notes. Most label the serial number in some manner. It may be a symbol such as an asterisk or a star. Often a letter prefix, or occasionally a suffix, is used, commonly a Z, or a Z/1 or ZA or ZZ. As a consequence replacement notes are often referred to as a “star” or “Z” notes.

Countries that have used a star or asterisk include Australia, New Zealand, Italy, India, Estonia and USA. A Z prefix has been used by Peru, Paraguay, Madagascar, Jersey, IOM and Northern Ireland, with Z/1 favoured by Mauritius, Singapore and Scotland.

Usage is not consistent within anyone country. Fiji has used Z/1, Z and, currently, ZA. And many different schemes exist.

Bolivia prefers to use Z as a suffix. Canada once identified replacements with an X as the third letter of the serial letter prefix. Chile put an R alongside the plate number. Puppet Banks in China used a 9 as the first digit of a six-digit serial.

The Cook Islands went with ZZZ and Denmark preferred an OJ or OK suffix.

Then of course we have that great glory and joy for replacement collectors everywhere that is the Bank of England.

Here are all manner of enchanting serial prefixes to enthuse the collector: S10S, T01D, N14M, M01, LL--. Your guide to this garden of delights is Token’s Banknote Yearbook. For other notes The Standard Catalog of World Paper Money now includes reference to replacement notes as a result of increasing collector demand. However, its coverage is by no means comprehensive across all countries. A good compendium of different replacement serials can be found at http://www.banknoteexpress. com/replacements.html For replacement collectors the challenge is numerical. The numbers of a given replacement note type are proportionally much lower than the number of regular notes in that issue.

In Australia it is estimated there are no more than 200,000 replacement notes per signature combination per denomination.

Typical Bank of England £5 Series D replacement.

One of only three US 1901 $10 Bison star replacement notes known having the Vernon-McClung signature combination.

(Image courtesy Heritage Auction Galleries.)

68

Coin news

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May 2011

Back to basics Current Fiji $10 replacement with ZA serial prefix in Fine condition. Replacement notes are extremely rare in high grade among any of Fiji’s higher denominations. (Image © K.A. Rodgers 2009.)

Rare Australian 1 pound Coombs-Wilson star in UNC that fetched A$26,831 last year compared with A$8,000 value of a non star note. Image courtesy Downies.

As such replacement notes, particularly in high grade, tend to command much higher prices than regular issues.

From time to time security printers have abandoned the replacement note system. No doubt managing two piles of notes on the shop floor, one regular and the other replacements, brings its own problems and costs. Electronic counting of note bundles allows for easy management of the numbers of notes in a stack but does mean that in the absence of replacement notes the serial numbers at the top and bottom of a note stack are quite random. Fortunately, for those of us bitten by the

replacement bug, there has been some reversion to Z- and/or star-notes in recent years.

By the way, one common use of replacements occurs in the printing process after the serials and signatures have been overprinted but prior to cutting the sheets into stacks. When a defective note is spotted at this stage the entire sheet on which it occurs is scrapped and replaced in toto.

A word of caution. Not all notes having a Z (or X) serial prefix are replacement notes. Although I have never seen one with a star or asterisk that is not, I am happy to stand corrected.

Paul Davis Birmingham Ltd DEALERS IN OLD GOLD AND SILVER COINAGE

0121 427 7179

P. O. BOX 418 BIRMINGHAM B17 0RZ

Gold Sovereigns

for sale

£225 Tel Paul: 07779 461929 www.buybullioncoins.com May 2011

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A Great Deal for Banknote Collectors â&#x20AC;˘ Every month I produce a large list of some 30 pages offering thousands of different, world wide banknotes. â&#x20AC;˘ I also issue a quarterly, specialised listing of English, Scottish, Irish, Isle of Man and Channel Island notes. â&#x20AC;˘ 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.

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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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Polymer notes for Canada

S

INCE their introduction Polymer notes have been adopted for use by eight countries around the world and now the Bank of Canada have just announced that they too will start issuing their own polymer banknotes in November of this year. The first polymer note off the production line will be the $100 note with the $50, $20, $10 and $5 all following before 2013. In a press release the Governor of the Bank of Canada, Mark Carney, said “Canada’s new bank notes will have innovative security features that are easy to verify.

The leading-edge technology in these notes will expand the frontiers of bank note security. With these new notes, the Bank of Canada will provide Canadians with a durable, high-quality, secure form of payment that they can use with confidence”. In addition to enhancing security the Bank says the new bank note series will be more economical and have a reduced environmental impact.

The polymer note with its associated security features will be provided to Canada by Note Printing Australia (NPA), a wholly owned subsidiary of the Reserve Bank of Australia. The substrate itself will be supplied to NPA by the Australian company, Securency International, and the notes will be printed in Canada by two private sector security printers, Canadian Bank Note Company Limited and BA International Inc., both based in Ottawa. The designs for the $100 and $50 notes will be unveiled shortly. The new polymer bills are expected to outlast its paper-cotton blend predecessor by at least two and a half years.

Rarities down under

T

HE coin rarities of International Auction Galleries of Australia’s next sale on June 2 are covered in the “coin” News & Views pages of this issue, however, there are rare banknotes on offer too. A lot sure to attract a great deal of attention is the presentation 1913 10 shillings last seen at auction in 1980. In GEF condition this impressive note is estimated at £90,000.

Catalogues for Sale 74 will be available from May onwards and can be downloaded free of charge at www.iagauctions.com or write to IAG, PO Box 1380, Broadbeach, QLD, 4218, Australia for further details.

St Thomas treats

A

Czech withdraw KC50

T the Archives International Auctions sale of the American Banknote Archives (Part VII) on March 24 and 25, some 1,803 lots were offered. Top of the lots was a Bank of St Thomas, 1837 Issue Reprint Proof Banknote Sheet of three. The notes, $500, $100, $100 N a cost-cutting move, the Czech (P-12; P11; P-11), are an uncut reprint proof sheet from the book National Bank has withdrawn the KC50

by J. Wilcke from an original printing plate. The back of the sheet note. The note ceased to be valid on April is blank. The $500 note has an allegorical woman on the left and 1 although the notes can be exchanged at right and a seated woman on a globe in the centre, while the $100s banks throughout the year ahead. A Czech have Columbus on the left with a steamboat, allegorical justice Bank representative said that the Bank’s on the right with a man pouring water from a jug and “Landing main motivation for the move was of Columbus” vignette in the middle. The rare notes, which were the longer life-span of coins which usually cut up after being removed from the book, achieved $5,605 would reduce the Bank’s direct at the sale. The next auction, Part VIII, will take place on May 13 and expenditure on issuing 14. To find out more visit www.archivesinternational.com. money.

I

SPRING SPECIAL OFFER

Collect cheques or large size banknotes?

We have a limited quantity of large size ring binders (350mmx370mm), complete with 20 pages each with three slots for cheques/notes or w.h.y. For this month only we are offering them to our readers at the special price of just £20 each inclusive of p&p (inland only).

It’s a case of “first come, first served” so don’t delay, apply today.

Visit our website at www.tokenpublishing.com or call Alyson on 01404 44166, or write to Token Publishing Ltd, Orchard House, Duchy Road, Honiton, Devon EX14 1YD May 2011

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72

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Banknote feature Strap

JONATHAN CALLAWAY

CARLISLE BANKS—

T

English banking in the shadow of Scotland

HE history of Carlisle predates even the Romans though they left their mark alongside other vanished folk such as the Picts, the Danes and the Scots. With the Scottish border only about 10 miles away there was always going to be trouble with the neighbours and so it proved over the centuries. Caerleyl or Caer-leol, as the Ancient Britons (Celts) called it, was occupied by the Romans before construction of Hadrian’s Wall started in AD 122. Although long an English city Carlisle has suffered, or enjoyed, periods of occupation by the Scots and changed hands a number of times over the centuries. Carlisle inevitably became a military garrison town which grew around the castle constructed after the Norman Conquest. The last Scottish invasion came in 1745 when Bonnie Prince Charlie occupied the town for a brief period. After a brief siege the town was retaken by the Duke of Cumberland who went on to win the battle of Culloden in 1746 and end the last armed rebellion in the United Kingdom.

During the 18th century the first signs of the industrial revolution were seen in the form of textile spinning and weaving and other small scale manufacturing. New roads were built connecting Carlisle to the west coast ports along the Cumberland coast, north into Scotland and south towards Lancashire. A canal was also constructed to the Solway Firth but the turning point came in 1838 with the arrival of the railway. Quickly thereafter rail connections were built in all directions and Carlisle started to develop into an important transport and industrial town, all the while maintaining a close connection with its extensive agricultural hinterland.

With the border in such close proximity it was inevitable that the separate traditions of English and Scottish banking came into frequent contact and while the banking history of Carlisle is entirely an English one, the Scottish influence was never far away. The first recorded banker set up in 1784 but the first sizeable partnership came a few years later in 1790 when Thomas Forster & Sons was founded. This firm traded first as the Carlisle Bank and later as the Carlisle Old Bank and operated successfully until its failure in dramatic circumstances in 1836. It was also the first local bank known to issue its own notes. This alone distinguishes it from several other small local banking partnerships which decided to issue Scottish notes rather than their own. The leading private bank in Carlisle, at least until the joint stock banks established themselves, was J Monkhouse Head & Co who also appeared to have traded as Carlisle Old Bank. They issued Scottish notes.

In the early years of the 19th century the Scottish banking system was far better developed than England’s. Multi-branch joint stock banks had established themselves and Scottish notes, even those of smaller local banks, were universally trusted and formed by far the bulk of circulating currency.

Gold and silver were used and valued, but notes always preferred for the safety and convenience. This habit spread to the northern counties of England and was actively encouraged by a network of agents employed by the Scottish banks to extend their note circulation as widely as possible. They were helped by the judicious use of commissions offered to businessmen, landowners, industrialists, traders and indeed anyone who used cash in their daily business. The National Bank of Scotland was a regular user of this technique. Some smaller Scottish banks including the Leith, the East Lothian, the Paisley and the Paisley Union banks went so far as to set up their own offices in Carlisle.

This put a dampener on the development of local banks at a time when the principal deposit raising method was the issue of circulating banknotes. Later, current and interest-bearing deposit accounts would reduce the reliance on note issue, just as the use of cheques displaced bills of exchange and post bills in the making of payments. Local banks such as the short-lived Carlisle Union Bank probably failed to make a mark due to the inroads of the Scottish banks. Others such as the Carlisle Banking Co, which left behind only a few proof guinea notes, were probably stillborn and never traded.

This proof note was prepared for the Connells’ Carlisle Commercial Bank when they started up in 1824.

The Carlisle Union Bank survived only for a few years despite managing to issue its own notes.

A £5 note of the Forsters’ Carlisle Old Bank.

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Strap Banknote feature The reverse design of this Carlisle & Cumberland Banking Co £5 is another fine effort originally by W. H. Lizars.

The Carlisle & Cumberland Bank’s notes were attractive designs from the outset, originally designed by W. H. Lizars of Edinburgh, although this note was probably prepared by W. & A. K. Johnston who bought his business after his death in 1859.

The Carlisle City & District Bank’s designs competed strongly with their rivals in aesthetics. This proof was also prepared by W. H. Lizars.

In the end, it was a change in the law which made the depressed its note circulation precisely at the time the new Act difference. A nationwide banking crisis in 1825 caused was measuring banks’ average note issuance for the purpose of parliament to legislate against the issue in England of notes calculating the Authorised Circulation. below £5 in value. Scotland successfully argued for the The 1844 Act also prevented new banks from obtaining a retention north of the border of their £1 notes but the issue note-issuing licence, and prohibited merged or acquired banks of Scottish notes in England was restricted after 1828 and the from bequeathing their licence to new owners. Carlisle’s English banking establishment made sure there were never two remaining note-issuers were granted an Authorised more than token branch openings in England by Scottish banks.

Circulation of £25,610 and a depressed £19,972 respectively.

Interestingly, there was a strong lobbying effort by the “gentry, Their Workington rival weighed in with another £35,395 but land occupiers, merchants, manufacturers and tradesmen” when the amalgamation of English banking got underway in of Cumberland and Westmorland in favour of retaining the the 1890s all three disappeared and on May 6, 1911 the era of circulation of Scottish notes, but to no avail. banknote issuance in Carlisle came to an end. In the end they The change in law also paved the way for the creation of joint were much too small for their industrial customers’ needs. stock banks in England. The first to be established in Carlisle Scottish banking put in one last appearance in 1874 when was the Carlisle & Cumberland Bank in 1836, followed a year the Clydesdale Bank suddenly opened branches in Carlisle, later by the Carlisle City & District Bank. This was a time of Workington and Whitehaven, in support, so they said, of their economic crisis in the Carlisle area after the failure of Thomas Scottish ironmaster customers who did much business with Forster & Co threatened to drag down other local banks. The the local iron trade. This caused a furore but the branches two new joint stocks eventually went on to dominate the local remained. They did not, of course, issue the bank’s own notes, financial scene, later being joined by the Cumberland Union but they certainly ruffled a few local feathers.

Bank who moved their head office from Workington in 1865 Today’s collectors have a wide range of Carlisle and on absorption of J Monkhouse Head & Co. All three banks had Cumbrian notes to choose from, including several issued by overwhelmingly local businessmen and landowners as their the banks mentioned in this article. Many of the mid-Victorian shareholders. productions were beautifully engraved and colourful.

The genesis of the Carlisle City & District Bank is especially interesting. It was not just another joint stock bank starting Acknowledgement: from scratch, it was able to build on the business and contacts Without the help of Keith Austin this article would have been of the Carlisle office of the Kendal-based Wakefield & Co, as much more difficult to put together. The offer of illustrations well as the Carlisle agency of the Leith Banking Company and from his collection of Cumbrian notes is much appreciated. the entire business of Joseph Sanderson & Co of Cockermouth.

They also merged their newly raised capital with that of the References: stillborn Borough Bank of Carlisle which had done the hard CHANDLER, G., Four Centuries of Banking (London 1968). work in attracting subscribers but had not actually opened for CRICK, W. F. and WADSWORTH, J. E., A Hundred Years of business. The resulting agglomeration of existing businesses Joint Stock Banking (London 1936). therefore got off to a flying start. Shortly after opening they OUTING, R., Standard Catalogue of the Provincial Banknotes also acquired the business of the failed local private bank of of England & Wales (Token John & James Connell & Co (the Carlisle Commercial Bank), Publishing 2010). brought down by the collapse of Thomas Forster & Co, in part to ensure it was able to discharge its liabilities and thus prevent This poster tells the story of John further loss of confidence in the banks.

Brown’s unauthorised overdraft.

In acquiring the Carlisle branch of the Leith Bank the Carlisle City & District Bank also took on that bank’s local manager, one John Brown, who later caused them some A close up of the vignette reveals a delightfully bucolic vista of embarrassment and was Carlisle, although plenty of signs of industry can be seen. indirectly responsible for their Authorised Circulation under the 1844 Banking Act ending up somewhat lower than it should have been.

His problem was to run up an undisclosed overdraft of some £2,554 9s 3d and then, in 1843, absconding rather than repaying it. This caused a minor run on the bank which

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Strap Paper facts WILLIAM McCREATH

Figure 1.

On the

NOTE

Hand signatures on notes of the Royal Bank of Scotland

O

NE of the many features which makes Scottish banknotes so popular with collectors is that some were hand signed as late as the 1940s, this gives them an extra appeal as a hand signature makes the note personal to one member of staff, or two if the note bears two hand signatures.

Figure 2.

Over the years collectors have wondered which branch a hand signed note was issued from and if it had been issued in their home town.

As some signatures can have the appearance of a roll of barbed wire collectors have sometimes also been left in the dark as to the name of the signer. A recent purchase of a book of Specimen Signatures of the Royal Bank of Scotland dated January 1937, with 334 entries, supplies some answers. It is interesting to note that the border of the front cover consists of many small swastikas just twenty months before the outbreak of World War II (fig. 1).

There are 25 pages bearing printed specimen signatures, this was to allow receivers of bank documents to check if the signature upon it was genuine or not, fig. 2 shows a typical page. It could be considered to be the “Rosetta Stone” for Royal Bank hand signatures. The book lists the signatures alphabetically by branch, but once entered into a database they can be sorted alphabetically by signature which makes it easier to check the names against the notes in a collection. The book is also a useful alphabetical list of all of the bank’s branches, some of which I have not heard of before. The exact location of the towns, cities and villages mentioned can be found by entering them into a satnav—who would have thought that the device that will eventually kill off the printed motorist’s map would also be useful for banknote collectors?

Figure 3 illustrates very well the extra interest that hand signatures give to banknote collecting: three Royal Bank of Scotland £1 notes dated February 2, 1927 but each bears a different hand signature. A rubber stamp on the back of each note (fig. 4) shows that they were exchanged for face value on June 6, 1988 at the King Street,

76

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Paper facts

Figure 5.

Figure 6.

Figure 7.

Figure 3 (left) and figure 4.

Figure 8.

Bridlington branch of the Midland Bank, along with another three Scottish £1 notes of more recent vintage that came with them. The person who handed them in was probably delighted to get £6 from the Midland for six “obsolete” notes.

There are not 334 names listed nor 334 branches listed, as some agents (managers) were agent for more than one branch and some branches had a sub-agent as well as an agent.

There are 262 different names listed. It is safe to assume that Wm. Smith (fig. 5) agent at Partick (Glasgow) is a different person from Wm. Smith (fig. 6) agent at Buckie which is 200 miles from Glasgow and the signatures are very different.

V. H. Beattie was the agent for four branches in the Edinburgh area and Nath. W. Willins was agent for five branches in the Scottish Borders area. Surprisingly for Scotland there are just 18 names that are “Mc” or “Mac” and there are also just two that are Browns and six that are Smiths. Keeping it in the family is a feature of some branches: James Adam and W. Wilson Adam were joint agents at the Renfrew branch and J. Cameron Conn and James Conn were joint agents at Hawick and Denholm. T. G. Fraser was a busy man as he was agent at Tranent and Ormiston as well as being joint agent at Cockenzie and Prestonpans east of Edinburgh.

There are 36 different signatures listed for the Glasgow branches, 32 for Edinburgh and 26 for London.

A £1 note dated July 16, 1914 bears the hand signature of A. J. Stewart (fig. 7). The book lists him as being the Agent at Stranraer (fig. 8), and although the signatures are not identical it seems safe to assume that they are the same person— the 1914 note might not have been issued in Stranraer as he may have been in a different branch in 1914. J. Kirkaldy is a name often encountered on Royal Bank notes and this book makes it clear why. Here he is on a £1 note dated February 2, 1927 (fig. 9). He was based in the Edinburgh Head Office and signed “pro General Manager” (fig. 10). Another common signature is that of T. W. Wilson who also signed “pro General Manager” at Head Office—his signature is on a £20 dated October 31, 1934 (fig. 11), and on a £5 note dated January 3, 1939 (fig. 12). The signature in the book (fig. 13) matches closely with the signature on the notes. The second hand signature on the £20 note is that of T. Brown (fig.

14). In 1937 he was the Assistant Accountant also based in the Head Office (fig. 15). In later years his printed signature appears on notes when he was promoted to Chief Accountant (fig. 16). W. Goodwillie was also a prolific signer of notes over a long period from about 1914 to about 1940, but unfortunately he is not mentioned in the book. Here his signature is on a £1 note dated March 24, 1921 (fig. 17). Just about every collector of Scottish notes will have a note signed

by Mr Goodwillie and thanks to research carried out by Dave Murphy at the Royal Bank’s Archive we now know from the Royal Bank Minutes, “30 Apr. 1947: William Hay Goodwillie, Note Exchange Teller to retire 10th May”. Mystery solved. This gentleman signed so many notes that it would not be a surprise if he had had to retired due to Repetitive Strain Injury.

Some signatures that were indecipherable can now be translated: Mr Eric W. H. Brander was at the Aberdeen, Torry branch in 1937, but without this book it would be all but impossible to know his name (fig. 18). The same applies to J. Watson M’Isaac at Elgin (fig. 19), and J. A. Smart at Melrose (fig. 20).

If any reader has a question that might be answered by referring to this book, I can be contacted via email at w.mccreath@ntlworld.com. If necessary a scan of a signature can be attached for attempted deciphering.

I also have a similar specimen signature book for the North of Scotland Bank Limited dated October 1939 but as it is 59 pages long compared to the Royal Bank of Scotland book at 25 pages, the database entries will take a bit longer.

Figure 9.

Figure 10.

Figure 11.

Figure 12.

Figure 13.

Figure 14.

Figure 15.

Figure 16.

Figure 17.

Figure 18.

Figure 19.

Figure 20.

May 2011

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Banknote prices

Price guide to:

Northern Ireland— Allied Irish Banks Ltd, Allied Irish Banks PLC & Bank of Ireland

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.

EF UNC

F

ALLIED IRISH BANKS LTD ONE POUND NI.101 Signatory: P. O’Keiffe (Group Chief Executive) .......

Prefix PN dated 1.1.1982 ..................................... £20 £30 Prefix ZY—replacement note. ............................ £60 £100 FIVE POUNDS NI.102 Signatory: P. O’Keiffe (Group Chief Executive) .......

Prefix QN dated 1.1.1982; 1.7.1983 and 1.12.1984£40 £60 Prefix ZY—replacement note. ............................ £75 £125 TEN POUNDS NI.103 Signatory: P. O’Keiffe (Group Chief Executive) .......

Prefix RN dated 1.1.1982; 1.7.1983 and 1.12.1984£60 £95 Prefix ZY—replacement note. .......................... £100 £160 TWENTY POUNDS NI.104 Signatory: P. O’Keiffe (Group Chief Executive) .......

Prefix SN dated 1.1.1982; 1.7.1983 and 1.12.1984£100£180 Prefix ZY—replacement note. probably exists ONE HUNDRED POUNDS NI.105 Signatory: P. O’Keiffe (Group Chief Executive) .......

Prefix TN dated 1.1.1982 ................................... £450 £650 Prefix ZY—replacement note .................. probably exists

ALLIED IRISH BANKS PLC FIVE POUNDS NI.106 Signatory: G. B. Scanlon (Group Chief Executive) ..

Prefix QN and UN dated 1.1.1987 and 1.1.1990£32 £50 Prefix ZY—replacement note. ............................ £75 £125 TEN POUNDS NI.107 Signatory: G. B. Scanlon (Group Chief Executive) ..

Prefix RN dated 1.1.1986 to prefix WN dated 18.5.1993 . £45 £75 Prefix ZY—replacement note. .......................... £100 £150 TWENTY POUNDS NI.108 Signatory: G. B. Scanlon (Group Chief Executive) Prefix SN dated 1.1.1987, 1.4.1987 and 1.1.1990£65 £90 Prefix ZY—replacement note .................. probably exists ONE HUNDRED POUNDS NI.109 Signatory: G. B. Scanlon (Group Chief Executive) ..

Prefix TN dated 1.12.1988 ................................. £350 £480 Prefix ZY—replacement note ................... probably exists

78

Coin news

VF

BANK OF IRELAND ONE POUND NI.201a Signatory: J. H. Craig ...................................................

Prefix B/10 dated 6.5.1929 and prefix B/11 dated 8.5.1929 ........................... £80 £150 NI.201b Signatory: G. W. Frazer................................................

Prefix B/12 dated 3.4.1933 and prefix B/13 dated 9.3.1936 ....................................................... £55 £95 VF

EF

NI.202a Signatory: G. W. Frazer................................................

Prefix B/13 dated 9.3.1936 to prefix B17 dated 1.11.1940...................................................... £70 £130 NI.202b Signatory: H. J. Adams Prefix B/18 dated 23.2.1942 to prefix B/21 dated 15.11.1943.................................................... £40

£75

EF UNC

NI.203

Signatory: W. E. Guthrie (Agent) ...............................

Prefix A to prefix C .............................................. £35 £55 NI.204a Signatory: H. H. M. Chestnutt (Manager) .................

Prefix D and E ....................................................... £25 £40 Prefix Z—replacement note ...................................... Rare NI.204b Signatory: A. S. J. O’Neill (Manager) Prefix E and F ........................................................ £12 £20 Prefix Z—replacement note ................................ £65 — NI.205

Signatory: A. S. J. O’Neill (Manager) ........................

Prefix G and H ........................................................ £8 Prefix Z—replacement note ................................ £10

£13 £16

F

VF

VF

EF

FIVE POUNDS NI.211a Signatory: J. H. Craig ...................................................

Prefix S/10 dated 5.5.1929 and 15.5.1929 .......... £95 £180 Prefix S/11 dated 7.5.1929 ................................... £95 £180 NI.211b Signatory: G. W. Frazer Prefix S/12 dated 15.8.1935 to prefix S/15 dated 2.12.1940 ..................................................... £60 £110 NI.211c Signatory: H. J. Adams .................................................

Prefix S/16 dated 16.2.1942 to prefix S/23 dated 20.12.1943 ................................................... £70 NI.211d Signatory: S. G. Skuce Prefix S/24 dated 1.9.1958 and prefix S/25 dated 1.10.1958 ..................................................... £70 NI.212a Signatory: W. E. Guthrie (Agent) ...............................

Prefix M .............................................................. £140 NI.212b Signatory: H. H. M. Chestnutt (Agent) Prefix M. .............................................................. £140 www.tokenpublishing.com

£125 £150 £240 £240

May 2011

Banknote prices EF UNC

NI.213a Signatory: H. H. M. Chestnutt (Manager) .................

Prefix N and prefix P ........................................... £70 £110 Prefix Z—replacement note .............................. £300 — NI.213b Signatory: A. S. J. O’Neill (Manager) Prefix Q and prefix R ........................................... £60 £95 Prefix Z—replacement note .............................. £250 — “Sterling” added at centre and value sign at top right and bottom left is now shown as “£5”. (From 1984) NI.214a Signatory: A. S. J. O’Neill (Manager) ........................

Prefix R and S ........................................................ £55 £100 Prefix Z—replacement note .............................. £200 — NI.214b Signatory: D. J. Harrison (Manager) Prefix S to prefix V ............................................... £35 £60 Prefix Z—replacement note .............................. £140 — NI.215 Signatory: D. J. Harrison (Manager) ..........................

Prefix A dated 28.8.1990 to prefix U dated 1.7.1994 £16 £28 Prefix Z—replacement note ................................ £50 £75 NI.216a Signatory: G. McGinn (Chief Executive N.I.)...........

Prefix U dated 1.7.1997 to prefix Y dated 4.8.1998, and Prefix AA dated 4.8.1998 to prefix AY dated 5.9.2000. ...................................................... £12 Prefix Z—replacement note ................................ £30 NI.216b Signatory: M. S. Soden (Group Chief Executive) Prefix AY to prefix BP 300000 dated 1.3.2003 ... £10 Prefix Z—replacement note ................................ £25 NI.217 Signatory: D. McGowan (Chief Executive UK) ........

Prefix BD to BK dated 20.4.2008 and ongoing ... — Prefix ZZ—replacement note ............................. £18

£22 £50 £18 £40 £10 £30

F

VF

VF

EF

TEN POUNDS NI.221a Signatory: J. H. Craig ...................................................

Prefix U/10 dated 4.5.1929 and 14.5.1929. ...... £160 £320 NI.221b Signatory: H. J. Adams .................................................

Prefix U/11 dated 26.1.1942 and prefix U/12 dated 19.1.1943 ................................................... £125 £250 NI.222 Signatory: W. E. Guthrie (Agent) ...............................

Prefix T ................................................................. £275 £500

EF UNC

NI.223a Signatory: H. H. M. Chestnutt (Manager) .................

Prefix U ................................................................ £240 £350 Prefix Z—replacement note ...................................... rare NI.223b Signatory: A. S. J. O’Neill (Manager) Prefix U and prefix V ......................................... £160 £250 Prefix Z—replacement note .............................. £250 — NI.224a Signatory: A. S. J. O’Neill (Manager) ........................

Prefix V and prefix W (possibly to W900000) .. £75 £120 Prefix Z—replacement ....................................... £200 — NI.224b Signatory: D. J. Harrison (Manager) Prefix W (possibly from W900001) X and Y, and£60 £90 Prefix AA to AF Prefix Z—replacement note .............................. £160 — NI.225 Signatory: D. J. Harrison (Manager) ..........................

Prefix A dated 14.5.1991 to prefix P dated 28.5.1992 ..................................................... £35 £55 Prefix Z—replacement note ................................ £75 £125 NI.226a Signatory: G. McGinn (Chief Executive N. I.)..........

Prefix R dated 1.7.1995 to prefix BD dated 5.9.2000 ...................................................... £20 £30 Prefix Z—replacement note. ............................... £50 £80 NI.226b Signatory: D. McGowan (Chief Executive N. I.) Prefix BE to prefix BU dated 1.5.2005 ................ £18 £25 Prefix Z—replacement note. ............................... £45 £65 NI.227 Signatory: S. Kirkpatrick (Chief Executive N. I.) Prefix BD dated 20.4.2008 and ongoing ............. — £18 Prefix ZZ—replacement note. .................................. £45

F

VF

TWENTY POUNDS NI.231 Signatory: J. H. Craig ...................................................

Prefix X/10 dated 9.5.1929 (print run of just 2,500 notes)............................ £700 £1500 NI.232

VF

EF

Signatory: A. S. J. O’Neill (Manager) ........................

Prefix A ................................................................ £250 £450 Prefix Z—replacement note .............................. £400 —

EF UNC

NI.233a Signatory: A. S. J. O’Neill (Manager) ........................

Prefix A and prefix B .......................................... £140 Prefix Z—replacement note ......................................

NI.233b Signatory: D. J. Harrison (Manager) Prefix B to prefix F ................................................ £85 Prefix Z—replacement note .............................. £160 NI.234 Signatory: D. J. Harrison (Manager) ..........................

Prefix A dated 9.5.1991 to prefix K dated 28.5.1993 ..................................................... £50 Prefix Z—replacement note .............................. £120 NI.235 Signatory: G. McGinn (Chief Executive N. I.)..........

Prefix L dated 1.7.1995 to prefix V dated 1.7.1997 ...................................................... £40 Prefix Z—replacement note. ............................... £85 NI.236a Signatory: G. McGinn (Chief Executive N. I.)..........

Prefix W dated 1.1.1999 to prefix BC dated 5.9.2000 ....................................................... £35 Prefix Z—replacement note ................................ £70

£240 Rare £140 £220 £80 £200 £60 £125 £55 £110

EF UNC

NI.236b Signatory: D. McGowan (Chief Executive N. I.) Prefix BD dated 1.1.2003 to prefix CS dated 22.2.2007 ....................................................... — £40 Prefix Z—replacement note ................................ £70 £100 NI.237 Signatory: S. Kirkpatrick (Chief Executive N. I.) ......

Prefix BD to BX dated 20.4.2008 and ongoing.... — £35 Prefix ZZ—replacement note ............................... — £65 FIFTY POUNDS NI.241a Signatory: G. McGinn (Chief Executive N. I.) Prefix A dated 1.7.1995 ...................................... £100 £130 Prefix Z—replacement note. ............................. £200 £300 NI.241b Signatory: R. Keenan (Chief Executive U.K.) Prefix A dated 5.4.2004 (starting from A 200001) ........................................ — £95 Prefix Z—replacement note. ............................. £100 £230 VF

EF

ONE HUNDRED POUNDS NI.251a Signatory: H. H. M. Chestnutt (Manager) .................

Prefix A ................................................................ £450 £750 NI.251b Signatory: A. S. J. O’Neill (Manager) Prefix A ................................................................ £350 £550

EF UNC

NI.252a Signatory: A. S. J. O’Neill (Manager) Prefix A ................................................................ £380 NI.252b Signatory: D. J. Harrison (Manager) Prefix A ................................................................ £280 NI.253 Signatory: D. J. Harrison (Manager) ..........................

Prefix A dated 28.8.1992 .................................... £280 NI.254a Signatory: G. McGinn (Chief Executive N. I.)..........

Prefix A dated 1.7.1995 ...................................... £200 Prefix Z—replacement note .............................. £300 NI.254b Signatory: G. McGowan (Chief Executive N. I.).......

Prefix A dated 1.3.2005 .......................................... — Prefix Z—replacement note .............................. £250

£500 £400 £400 £300 £450 £190 £360

Next month: Price guide to National Bank Ltd and Northern Bank Ltd May 2011

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Coin news

79

Strap

LATEST ISSUES By our banknote correspondent, TREVOR WILKIN

SRI LANKA

After over 20 years, the Central Bank of Sri Lanka (CBSL) introduced a new series of notes on February 4, 2011. With a theme of development, prosperity and culture, this new series is of colourful 20, 50, 100, 500, 1000 and 5000 Rupees notes in the traditional horizontal (front) and vertical format (back). Various structures, some old, some new are prominent on the front along with indigenous birds and butterflies. This new series represents a reorganisation of CBSL’s portfolio: the long standing 10 Rs has disappeared; likewise the 2000 Rs introduced only in 2005 and the 5000 Rs debuts as the highest denomination.

CBSL’s maroon 20 Rs shows a view of the modern container port in the capital Colombo and a view from an earlier time of a merchant ship alongside an old style Colombo wharf unloading by on board cranes. Complementing these views is a Serendib Scops Owl to the right and the Baronet butterfly at bottom left.

Three bridges are depicted on the blue 50 Rs. In the foreground is the recently completed two lane concrete Japanese Friendship Peace Bridge as it crosses the Mahaweli River in the Flood Plains National Park in the northern central part of the country. Alongside is a decades old iron box girder bridge.

An unusual bridge, it is single lane for vehicular traffic, so vehicles had to wait for any oncoming traffic to complete their crossing before commencing theirs; the road lane also doubles as a rail bridge. With the completion of the Friendship Bridge in 2006 this old bridge now serves only rail.

In the background is a spectacular nine arch stone Demodara railway bridge opened in 1921 on a railway line winding through the hillside tea plantations in central Sri Lanka. A Dull Blue Flycatcher is roosting at right and the Blue Oak Leaf butterfly is at bottom left.

Laxapana Waterfall which appears on earlier CBSL and colonial issues is on the orange 100 Rs along with the Norochcholai Coal Power Plan on the north west coast. Sri Lanka’s first coal fired power station is still under construction although Stage One (of three stages) was due to come on stream in January 2011. Hydro electric generators (including those at the Laxapana Falls) provide much of Sri Lanka’s power requirements. An Orange Billed Babbler and an Autumn Leaf butterfly assume their normal positions.

For the purple 500 Rs Colombo’s most prestigious office and retail complex and Sri Lanka’s tallest buildings, the twin towers of the 39 storey World Trade Centre and the CBSL head office also in Colombo are depicted. Alongside is the Lankathilaka Viharaya Buddhist temple in Kandy which dates back to the 12th Century. Built by one of the regional kings, Parakrambahu the Great, it is one of the most impressive Buddhist shrines in Sri Lanka. An Emerald Collared Parakeet and an Indigo Royal butterfly feature.

Sri Lanka’s longest tunnel, the vehicular Ramboda Tunnel opened by President Rajapaksa three years ago is on the green 1000 Rs. Built in a picturesque area in central Sri Lanka and another infrastructure project built with foreign assistance it improves transport, eases congestion and preserves the environment. One entrance is shown and to the left is the unspoilt pre tunnel rock face. A Hanging Parrot and a White Four Ring butterfly occupy their standard positions.

Dams are depicted on the new denomination, the gold brown 5000 Rs. To the left is the Weheragala Dam also opened by President Rajapaksa in 2009, it will provide a much needed reliable water supply to rice farmers in the region. To the right is the older and well established Canyon Dam which unlike Weheragala is an important source of hydro electric power generation. A Yellow Eared Bulbul and a Lemon Migrant butterfly are illustrated.

From time to time dancers and musicians appeared on CBSL issues. For this series dancers in traditional costumes, either male or female, mostly accompanied by drummers, perform differing dances from Sinhalese culture, feature on the back of each note.

Other elements drawn from Sinhalese culture such as guard stones, ceremonial pots and floral designs are shown. These images are well suited to the vertical configuration.

Security escalates mildly as the value rises. Each denomination has a watermark which mirrors the bird featured in the design. An embossed denomination numeral appears in each watermark panel. To the right of the butterfly, the denomination numeral forms a perfect registration and reinforced cornerstones are to be found on each value. Lower technology security threads are in the 20, 50, and 100 Rs whereas the three higher values have an interrupted, metallic thread of a colour complementing the note. Regardless of complexity each thread contains multiple inscriptions of “CBSL” and the appropriate denomination.

Sri Lanka’s President and Finance Minister (by the tradition these offices are held jointly) Mahinda Rajapaksa is one signatory and CBSL Governor Ajith Nivard Cabraal the other. Notes are dated January 1, 2010. De La Rue continues as the printer.

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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May 2011

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Letters to the Editor

Strap Strap

Write in and tell us your views on numismatically-related topics Whilst we endeavour to reply as quickly as possible this can take some time.

Please send your letters to: Token Publishing Ltd., Orchard House, Duchy Road, Heathpark, Honiton, Devon, EX14 1YD, or to info@tokenpublishing.com If a reply is required, please enclose an SAE. Here we publish a selection from the postbag.

Eye of the beholder HK leads the way Dear Editor I have enjoyed COIN NEWS for many years, but the increasing use of colour and graphics is making it less enjoyable and in parts difďŹ cult or impossible to read. There are some prime examples in the April 2011 edition, for example: The heading on page 27 and the â&#x20AC;&#x153;Smelly bitâ&#x20AC;? on page 12. The articles starting on pages 30 and 45â&#x20AC;&#x201D;black text on a green background is a poor contrast. The â&#x20AC;&#x153;Ingramâ&#x20AC;? advert on pages 8 and 9 and the advertisement on page 69.

Colour and graphics should be used to enhance the presentation, not overpower it.

Please curb the excesses of your graphics designers!

Alan Thoms In an effort to ensure articles are attractive and enticing to read, there is some call for enhancing the overall image of the feature although I do appreciate what you are saying. As regards advertisements, colour choice is often related to â&#x20AC;&#x153;corporateâ&#x20AC;? identity and company colours form part of the composition requested by the advertiser.â&#x20AC;&#x201D;ED.

Dear Editor I see in Februaryâ&#x20AC;&#x2122;s edition of COIN NEWS, in an article by Dr Kerry Rodgers about Year of the Rabbit coins, that he mentions â&#x20AC;&#x153;30 years ago Singapore Mint struck their ďŹ rst lunar coin. This opened the ďŹ&#x201A;ood gates . . .â&#x20AC;?.

Although factually correct, an earlier Lunar Year series was commenced by Hong Kong (struck by the British Royal Mint) in 1976 (35 years ago) using the HK$1000 denomination. A special case was commissioned to hold this 12 year gold coin series, and it is still one of the most difďŹ cult sets to put together due to the popularity of each issue. The Lunar Year series was preceded in 1975 by a HK$1000 Royal Visit coin and succeeded in 1989 (I think) by a second Royal Visit coin.

Alan Wallace

Coining it in

Dear Editor As a collector not a Royalist, I listened with interest into a recent debate on a national radio station on the costs involved in the wedding of Prince William and Catherine

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Coin news

Middleton. The costs of the nuptials has also, I understand, generated great debate in many leading newspapers. Purely from a collectorâ&#x20AC;&#x2122;s point of view such events provide a huge range of commemorative items to put together to mark the occasion.

Our own Royal Mint has produced a very graceful crown, the proďŹ ts of which will of course end up in the pubic purse. The vast majority of callers to the radio programme, and I appreciate this could have been â&#x20AC;&#x153;stage managedâ&#x20AC;?, were against the wedding as a huge waste of public money. I donâ&#x20AC;&#x2122;t suppose many of them have stopped to consider the sheer volume of commemorative pieces that will be issued from mugs to T-shirts and the ďŹ nancial boost this will bring to many an ailing business in these difďŹ cult times as well as bringing in much needed tax revenue. Not to mention, of course, the sheer number of visitors arriving in London to witness all the grandeur and ceremony that only a British Royal Wedding can truly put on.

Craig Simpson We understand that the families of both parties are footing much of the bill so no-one can really complain!â&#x20AC;&#x201D;ED.

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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 â&#x20AC;&#x201C; Fri 9.30 â&#x20AC;&#x201C; 4.30pm Contact us for friendly advice whether you are buying or selling.

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May 2011

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YY Y D P VC P G V Coin news

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May 2011

DEALERS LISTS AIREDALE COINS, PO Box 7, Bingley, West Yorkshire BD16 1XU. Modern coins.

ANCIENT & GOTHIC, PO B ox 5390, Bournemouth, BH7 6XR. December List No. 264—Coins and antiquities.

A. H. BALDWIN & SONS LTD., 11, Adelphi Terrace, London WC2N 6BJ. Fixed pice coin list.

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. World Banknotes.

JAMES & C. BRETT, 17 Dale Road, Lewes, Sussex BN7 1 LH UK. Yellow list 11—26pp 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 newspaperstyle 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, Altrincham, WA14 5UN. Hammered/milled coinage.

M. COESHAW, PO Box 115, Leicester LE3 8JJ. 14pp list of coins and collectables.

CNG, 14 Old Bond Street, London W1S 4PP. 11pp list of numismatic books.

DAVID CRADDOCK, PO Box 3785 Camp Hill, Birmingham B11 2NF. British coins for sale.

May 2011

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IAN DAVISON, PO Box 256, Durham DH1 2GW. 18pp list available— Hammered and milled coins dating from 1066–1910.

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 4.30pm. Closed Thurs & Sun. List of banknotes.

DORSET COIN CO. LTD, 193 Ashley Road, Parkstone, Dorset BH14 9DL. Lists of British coins, world banknotes and gold coins.

JEAN ELSEN, Avenue de 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. Spring List—12 pp of English, foreign coins and tokens.

MUNTHANDEL.G.HENZEN, Postbus 42, NL3958 ZT Amerongen. Tel: +31 (0) 343-430564.

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. List 89: Hammered, milled, modern.

DMITRI KHARITONOV, Gen. Janouska 900, 19800 Praha 9, Czech Republic. Email: kharitonov@volny.cz. Russian banknotes.

FRITZ RUDOLF KüNKER, Münzenhandlung 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/foreign coins.

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.

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—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. List 20—English/world coins.

RODERICK RICHARDSON, The Old Granary Antique Centre, King’s Staithe Lane, King’s Lynne PE30 1LZ. 18pp. Hammered & milled.

F. J. RIST, PO Box 4, Ibstock, LE67 6ZJ. 2011 Winter list of ancient & early English coins.

CHRIS RUDD, PO Box 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.

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. 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/ hammered.

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, PO Box Teynham Lodge, Chase Road, Upper Colwall, Malvern, Worcs WR13 6DJ. TIM WILKES, PO Box 150, Battle TN33 0FA. List No. 11, medieval/Islamic coins.

WORLD TREASURE BOOKS, PO Box 5, Newport, IOW PO30 2JG. List 24.

D. YAPP, PO Box 4718, Shrewsbury Mail Centre SY1 9EA. 11pp list of banknotes of the world.

Coin news

85

Diary dates FAIRS

DATE May 1

EVENT

VENUE

CONTACT

Wolverhampton Coin 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 (Rick Coleman)

May 4

Coin Fair

Stowmarket Football Club, Bury Road, Stowmarket

CLICKCOLLECT  01485 578118 (David James)

May 6–8

1st National Level Numismatic Exhibition and Auction

114, 1st Floor, Pamadi Chambers, Dr D.V.G. Road, Basavangudi, (Gandhi Bazar), Bangalore, India

 +080 6532 9800 Email: info@maruphilaque.com

May 7

Coin Fair

Bloomsbury Hotel, 16–22 Greatr Russell Street, London

LINDA MONK FAIRS  020 8656 4583

May 8

Midland Coin Fair

National Motorcycle Museum, Bickenhill, Birmingham

 01694 731781 (Mike Veissid)

May 11

Cheltenham Coin Fair

St Andrews United Reform Church, Montpellier Street, Cheltenham

 01452 501098

May 18

Coin Fair

Th Maltings, Ship Lane, Ely, Cambs

CLICKCOLLECT  01485 578118 (David James)

May 21

Little Clacton Coin & Stamp Fair

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

 01255 862087

May 26

Plymouth Coin Fair

The Guildhall, Plymouth

 01749 813324

May 29

Wakefield Coin , Medal & Banknote Fair

Cedar Court Hotel, Denby Dale Road, Calder Grove, Wakefield

 01522 644681 (Eddie Smith)

AUCTIONS

Fair Organisers—please send your dates for the diary page to abbey@tokenpublishing.com, giving at least two months’ notice, thank you!

DATE

LOCATION

AUCTION

CONTACT

May 1

London

Auction 1: World coins and banknotes

May 3–4

London

British coins, ancient and world coins, military and BALDWINS 020 7930 9808 commemorative medals www.baldwin.co.uk

May 5

Carlisle

British and foreign coins, banknotes, medallions and numismatic collectables

THOMSON, RODDICK & MEDCALF  01228 528939  www.thomsonroddick.com

London

Auction No. 1: Coins and banknotes

WESTMINSTER AUCTIONS  01362 638045  www.westminsterauctions.com

May 10

Zurich

Auction 3: Greek, Roman, early medieval and modern coins and books Auction 4: Coins of Thessaly, the BCD Collection

NOMOS AG  +41 44 250 5180  www.momosag.com

May 15

Ipswich

Auction 84: British, world and ancient coins

LOCKDALES  01473 218588  www.lockdales.com

May 18

Dublin

Mail bid sale of world coins, medals, etc.

INTERNATIONAL COIN EXCHANGE  +353 (0) 86 840 3355  www.auction-ice.com

May 24

London

Auction of British and world coins

ST JAMES’ S  020 7930 7997  www.the-saleroom.com

May 25

Stockport

Auction of coins, banknotes, medals and militaria

A. F. BROCK  0161 456 5050 www.afbrock.co.uk

WESTMINSTER AUCTIONS  01362 638045  www.westminsterauctions.com

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

When you read this, our April 12th auction will probably be completed.

Our next sale will be September 13th, when we hope you will participate.

Apply for a catalogue now PHONE / FAX 020 8656 4583 or visit our website A

www.croydoncoinauctions.co.uk E-mail: graeme@croydoncoinauctions.co.uk 86

Coin news

www.tokenpublishing.com

May 2011

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COIN FA I R BLOOMSBURY HOTEL (New Name, Same Location)

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

May 7th 2011 (9.30 am - 2.00 pm)

NEXT FAIR: JULY 2ND 2011 Enquiries: Tel: 020 8656 4583

May 2011

www.tokenpublishing.com

Coin News

87

Diary dates SOCIETIES

DATE

VENUE

May 2 May 3

SUBJECT/EVENT

CONTACT

Nursery Inn, 258 Green Lane, Heaton Norris, Stockport Fairtykes Arts Centre, Billet Lane, Hornchurch The Edward Wright Room, Beaufort Community Centre, Beaufort Road, Southbourne, Bournemouth St. Martinâ&#x20AC;&#x2122;s Church Hall, Erith Road, Barnehurst, Bexleyheath, Kent The Eagle & Child, Maltkiln Lane, Bispham Green, Ormskirk Wallace Humphrey Room, Shelthorpe Community Centre, Loughborough

Informal meeting â&#x20AC;&#x153;Ornamental moneyâ&#x20AC;? by Harry Mernick â&#x20AC;&#x153;Some pioneer gold coins from the United Statesâ&#x20AC;? by P. Preston-Morley

SOUTH MANCHESTER NS ď&#x20AC;¨ 0161 432 2044 HAVERING NS ď&#x20AC;¨ 07910 124549 WESSEX NS ď&#x20AC;¨ 020 7731 1702

Club Auction

BEXLEY COIN CLUB ď&#x20AC;¨ 020 8303 0510

May 7

Swarthmore College, Woodhouse Square, Leeds

â&#x20AC;&#x153;Ottoman coinsâ&#x20AC;? by P. Watson

YORKSHIRE NS ď&#x20AC;¨ 01977 682263

May 9

The Albert Hotel, Victoria Lane, Huddersfield

â&#x20AC;&#x153;English silver crownsâ&#x20AC;? by D. Heaton

HUDDERSFIELD NS ď&#x20AC;¨ 01484 866814

Abbey Baptist Church, Abbey Square, Reading

â&#x20AC;&#x153;The Beachy Head hoards of 3rd century Roman coinsâ&#x20AC;? by Derek Aldred

READING COIN CLUB ď&#x20AC;¨ 01753 516390 ď&#x20AC;ş www.readingcoinclub.co.uk

Please call for Venue Details

Inter-society quiz against Bath & Bristol NS

SOUTH WALES & MONMOUTHSHIRE NS ď&#x20AC;¨ 02920 561564

May 4 May 5

â&#x20AC;&#x153;The Wars of the Roses: privy marks and symbols on silver coinsâ&#x20AC;? by A. Dawson ORMSKIRK & WEST LANCS NS ď&#x20AC;¨ 01704 531266 â&#x20AC;&#x153;Mawming and mooningâ&#x20AC;&#x201D;the mind and skills of medieval masons in Leics and LOUGHBOROUGH COIN & SEARCH SOCIETY Rutlandâ&#x20AC;? by Bob Trubshaw ď&#x20AC;¨ 01509 261352 ď&#x20AC;şwww.norwichcoinandmedalsociety.co.uk

Please Call for Venue Details

â&#x20AC;&#x153;Ship wreck artefactsâ&#x20AC;? by Jim McEvoy

HARROW COIN CLUB ď&#x20AC;¨ 020 8952 8765

May 10

Crewe Memorial Hall, Church Lane, Wistaston, Crewe

Spring Coin Fair

CREWE & DISTRICT COIN & MEDAL SOCIETY ď&#x20AC;¨ 01270 569836

May 11 May 12

RAF Assoc., Eric Nelson House, 16 Bewick Road, Gateshead Society Meeting St Paulâ&#x20AC;&#x2122;s Centre, Chapel Road, Worthing Annual General Meeting (date brought forward)

TYNESIDE NS ď&#x20AC;¨ 01661 825824 WORTHING & DISTRICT NS ď&#x20AC;¨ 01634 260114 BATH AND BRISTOL NS ď&#x20AC;¨ 07793 905035

Fry Social Club, Keynsham.

â&#x20AC;&#x153;A numismatic extravaganzaâ&#x20AC;? by David Young

Please call for Venue Details

Monthly meeting

BEDFORDSHIRE NS ď&#x20AC;¨ 01234 870645

Nursery Inn, 258 Green Lane, Heaton Norris, Stockport

Coin Auction

SOUTH MANCHESTER NS ď&#x20AC;¨ 0161 432 2044

The White Horse, The Street , Trowse, Norwich

â&#x20AC;&#x153;Breaking the mouldâ&#x20AC;&#x201D;the art and innovation of Tudor coinageâ&#x20AC;? by a member

NORWICH COIN & MEDAL SOCIETY ď&#x20AC;¨ 01603 408393

The Raven Inn, Poulshot, nr Devizes, Wiltshire

â&#x20AC;&#x153;Starting out in family historyâ&#x20AC;? by Michael Marshman

WILTSHIRE NS ď&#x20AC;¨ 01380 828453

The Friends Meeting House, St Helenâ&#x20AC;&#x2122;s Street, Derby

Club Auction

DERBYSHIRE NS ď&#x20AC;¨ 01283 223893

May 18

The St James Centre, Stadium Way, Pinhoe, Exeter

Annual General Meeting

DEVON & EXETER NS ď&#x20AC;¨ 01395 5688830

May 19 May 23 May 24

C. A. B., 19 Tower Street, Ipswich Small Hall, Surbiton Library, Ewell Road, Surbiton Please Call for Venue Details Belsize Community Centre, Celta Road, Peterborough The Warburg Institute, Woburn Square, London

May 16

Society Auction 85th Members Auction â&#x20AC;&#x153;LIttle boxesâ&#x20AC;? by Ian Murray Bring, buy and sell sessionâ&#x20AC;&#x201D;followed by a film show â&#x20AC;&#x153;Arctic and Polar Medals: rewards to the brave, the foolhardy and the shiveringâ&#x20AC;?

by Admiral John Myres Rm 301, Sylvia Young Theatre School, 1 Nutford Place, London â&#x20AC;&#x153;Berwick-upon-Tweedâ&#x20AC;? by Jonathan Callaway Chelmsford Museum, Moulsham Street, Chelmsford â&#x20AC;&#x153;Coinage in southern England circa 750â&#x20AC;&#x201C;865 ADâ&#x20AC;? by Rory Naismith Highfields Community Fire Station, Hassocks Lane, Beeston Bi-monthly meeting

May 26 May 27 May 28

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Coin news

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May 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

www.glenelycoins.co.uk Tel: 01793 750307 07739 426194 Email: chris_kellow@hotmail.com

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

Never miss an issue of COIN NEWS— Take out your subscription today and save nearly £10 per year!

Telephone: 01404 44166

Log on to our website at www.tokenpublishing.com for all the latest news, views, events, books, accessories and much more . . .

May 2011

www.tokenpublishing.com

Coin news

89

MEMORABILIA

We stock all types of Manx memorabilia including banknotes, coins, postcards etc.

Shop open 10-4 Mon–Sat 21 ST PAULS SQUARE, RAMSEY, ISLE OF MAN

Email:tonyhar@manx.net Tel: 01624 818303/07624 492484

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

Meet me at the fairs. Large ebay stock.

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

London Meetings now held at:

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

A list of forthcoming auctions can be found on page 86

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

MATT HOOD MEMORIAL COIN AUCTION A Free list of World and British banknotes is available from

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

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

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

F. J. RIST

UNIVERSAL CURRENCY COIN EXCHANGE

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

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

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

Coins Wanted

LONDON COINS AUCTION

Colin Narbeth & Son Ltd

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

Arghans

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

TIMOTHY MILLETT LTD

World banknotes – sensible prices

catalogue of historical medals now available

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

To receive your copy please send £15 (Refundable on purchase) to: PO Box 20851, London SE22 OYN Tel: 020 8693 1111 Fax: 020 8299 3733

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

Roger Outing PO Box 123 Huddersfield HD8 9WY Tel: 01484 860415 rogerandliz@banknotes4u.co.uk www.banknotes4u.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

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 www.cambridgeshirecoins.com

Buying and selling for over 20 years

Coins Wanted. Gold-Silver-Copper-Collections.

Over 5,000 Coins for sale on-line.

Coin Trays – Capsules – Albums – Books.

01223 503073

90

info@cambridgeshirecoins.com

Coin news

s lat end est fo lis r t

Email: tim@historicmedals.com NEW WEBSITE: www.historicmedals.com

CHARLES RILEY COINS & MEDALS

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

Specialising in British banking history: cheques, books, banknotes and all banking memorabilia

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

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

www.wpmf.info email: enquiries@wpmf.info Sponsored by Spink

B. FRANK & SON

Numismatic Auctioneers (Est 1983) Sale No. 83 will be on 7 August in Wakefield.

Coins, Medals, Numismatic Books, Banknotes, Tokens Lots can be viewed at the York Fair (15–16 July) and at Eddie Smith’s Fair (31 July) FREE CATALOGUE. B. FRANK & SON 3 South Ave.,Ryton, NE40 3LD Tel: 0191 413 8749 Fax: 0191 413 2957 Email: bfrankandson@aol.com Website: www.b-frank-and-son.co.uk

www.tokenpublishing.com

May 2011

THE WEB PAGE Increase the traďŹ&#x192;c 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 Saxon times to the present day. English hammered coinage, occasionally Celtic, Roman and Anitquities.

All items illustrated and updated weekly.

www.davidseamancoins.co.uk

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:

www.petitioncrown.com

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

May 2011

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www.tonyharmer.org Coins and banknotes, postcards,stamps and Collectables

www.wrightcoins.com

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

01398 323211

www.denofantiquity.co.uk Buying & Selling Ancient Coins & Antiquities

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

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

www.clickcollect-coins.co.uk

www.scccollectables.com

We buy and sell British and Foreign coins of all ages and reigns in our easy to use website

Visit us and have a look around

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

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

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

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.galata.co.uk NUMISMATIC BOOKS, COINS AND TOKENS Books for metal detectorists and beginners a speciality. We even write them ourselves.

Website updated twice weekly

Auctions

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

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

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

www.cambridgeshirecoins.com 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

www.buybullioncoins.com Gold sovereigns—£225 Tel: Paul on 07779 461929

Banknotes

www.David-yapp.com British and World Banknotes

www.David-yapp.com

Accessories

www.coincabinets.com Peter Nichols, Cabinet Makers Full range of coin cabinets available.

Tel: 01424 436682.

Email: orders@coincabinets.com

To advertise on this page please complete the entry form on page 95 COIN I N C O R P O R A T I N G

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April 2011

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NEWS

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

BANK OF SCOTLAND The Sir Walter Scott series 1970–94 What’s it worth?

This month we

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

focus on halfpennies

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Co. & First Trust

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May 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 non-trade 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: 00 35386 2475909 anytime. (06/11/03T) WWW .OINSONABUDGET. CO.UK A great site for new collectors, also for filling in those elusive gaps. Great prices: new items being added all the time. Wants lists welcomed—a fast friendly service. Contact me on the above website. (07/11/03T) BRITISH DATE sets 1962 to 1968. Offers. Please tel: 01359 250012. (07/11) 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) FREE ENGLISH—FOREIGN LISTS. Crowns to farthing fractions. Proof—BU sets.

Maundy odds. Banknotes. Tel: 01709 526697. (10/12/24T)

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) 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. Please send an 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. www.petercoins.com. Send www.petercoins.com an SAE for list to: PO Box 46743, London, SW17 0YF. (11/11/12T) 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) 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. Telephone: 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) ENGLISH AND UK COINS. Please ask for list— G. Ogden, 53 Chestnut Crescent, Culver Green, Chudleigh TQ13 0PT Tel: 01626 859350. (12/11/12A 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. Please send for a free list. James & C. Brett, 17, Dale Road, Lewes, Sussex BN7 1LH. Web list available 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, email: 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) 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)9

Coins Wanted

ILLUSTRATIONS (ONLY) of Turks & Caicos Islands halfcrown 1961, George I, two thirds Thalers. rovenances will be acknowledged. Email: mauricebull@btinternet.com.

(07/11) GIBRALTAR URGENTLY WANTED. Two crowns BIMETAL COINS from 2003, showing the goddess “EUROPA AND THE BULL”.

Any offer welcome by mail, fax or email! Please contact: Christian Hannig, Katenbaeker Berg 56, 27793 Wildeshausen, Germany. Fax: 0049 4431 3524, email: christhannig@ gmx.de. (07/11/03P)

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) 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. Please contact: Taylor, 4 Sherwood Avenue, Ruislip, Middlesex HA4 7XL. telephone: 01895 638885.

(06/11/06T) SPANISH COINS IN GOLD AND SILVER, especially “COBS”. (Portuguese and Dutch coins also wanted).

Please contact: Beachcomber Trading Company (BTC) PO Box 8, Newport, Isle of Wight, P030 5JW. Telephone: 01983740712, 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!

Please telephone with details: 07587 103617. (04/12/12T) 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.

Tel: 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 AUSTRALIAN PRE-1966 S I LV E R A N D C O P P E R COINS WANTED. tel: 0794191 9686, email: mc@ guanomondo.com.

(09/11/06T) 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) WE BUY SOVEREIGNS— best prices paid. Please telephone Paul on: 07779 461929 (10/11/06A) 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.

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)

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)

Banknotes

2009 MAUNDY SETS OR COINS WANTED. Fair prices paid. 0118 9860906. (06/11)

Cheques & Ephemera

IRISH EIRE FARTHINGS 1928 to 1940 £3 each paid for circulated undamaged.

Please contact Bill Seawright, 42 Rosscoole Park, Belfast, BT14 8JX, postage refunded.

Telphone: 02890710115 or email: e.m-b.sitrac@gmail. com. (06/11) DANZIG WANTED. High grade coins 1923 onwards. Top prices paid. Email: wmg.1923@ tiscali.co.uk. (12/12)

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)

PRE-1947 SILVER coins wanted. 20x face paid, pre1920 20x face. Tel with details: 07879 865 118. (08/11/12T)

A D V E RT I S E C O I N S WANTED/FOR SALE— it’s free for non-trade subscibers!

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. (04/12/12T) QUALITY BANKNOTES from the British Isles & Commonwealth. www. notability-banknotes.com, or email: info@notabilitybanknotes.com. (09/11/06A) WORLD BANKNOTES— cheapest prices, most under one pound each. SAE to R. C. Holmes, PO Box 326, Bangor, Co.Down, BT20 5PD or email: rcholmes21@yahoo.co.uk.

(07/11) Are you interested in collecting Old Cheques, other Financial Instruments or Banking Ephemera? Then why not join the British Banking History Society. Tel Keith for 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.

References available. Free numismatic literature, coin auction catalogues. 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. Please send 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., telephone: 0191 258 2042 or 01661 825 824.

(05/11) NZ AND AUSTRALIAN postcards wanted to buy.

Phone: 0794 1919686.

(09/11/06T) EXCHANGE ALL kinds of collectables. References available. Free numismatic literature to numismatic students. Details to Antonis Filippou, 24 Tsalduhidi Str., 54248 Thessaloniki, Greece.

(07/11)

Why not advertise your unwanted coins in the classified section— Simply complete the form below

CLASSIFIED ADVERTS MUST BE PREPAID—THE NEXT DEADLINES ARE: June issue—April 26, 2011, July issue—May 23, 2011.

FREE TO NON-TRADE SUBSCRIBERS. TRADE RATES: 30p per word (minimum £3), Bold type 40p per word.

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Coin News

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May 2011

Directory Section Advertisers Index ABC Coins and Tokens.................................... 60 A F Brock & Co Ltd............................................. 43 Airedale................................................................ 53 Argentum............................................................ 66 ATS Bullion Ltd................................................... 82 Allgold Coins ..................................................... 38 Baldwins Auctions......................................12, 21 R. P. & P. J. Beckett............................................. 60 Birchin Lane Gold Coin Company.............. 54 Yves Blot............................................................... 82 BNTA...................................................................... 84 Bonhams.............................................................IBC Barry Boswell...................................................... 70 Buy Bullion Coins.............................................. 69 Cambridge Coins & Jewellery...................... 61 Cambridgeshire Coins.................................... 37 Cameo................................................................... 43 Chards................................................................... 23 CNG........................................................................ 85 Coincraft......................................... IFC, 19, 53, 75 Colin Cooke............................................................5 Croydon Coin Auctions.................................. 86 Paul Davies Ltd.................................................. 46

Paul Davis Birmingham Ltd........................... 69 Clive Dennett..................................................... 75 Dix Noonan Webb.............................................13 Dorset Coins....................................................... 66 Roger Dudley..................................................... 61 The Duncannon Partnership........................ 50 Educational Coin Company.......................... 75 Christopher Eimer.............................................11 Format................................................................... 38 GB Gold Coins.................................................... 38 GK Coins............................................................... 40 Goulborn.............................................................. 83 Ian Gradon........................................................... 70 A. D. Hamilton.................................................... 82 History in coins.................................................. 91 IAPN........................................................................ 40 R. Ingram Coins........................................... 58, 59 International Coin Exchange........................15 International Auction Galleries................... 14 Richard Jeffery................................................... 66 K. B. Coins............................................................. 54 Kate’s Paper Money......................................... 70 Kleeford Coins.................................................... 42

Knightsbridge Coins........................................ 65 Lindner.................................................................. 54 Lockdales............................................................. 30 The London Coin Company................... 18, 91 The London Coin Fair...................................... 87 Midland Coin Fair.............................................. 88 Monk Fairs........................................................... 87 Morton & Eden................................................... 26 Peter Morris......................................................... 50 Colin Narbeth & Son Ltd................................ 70 NGC.........................................................................17 Peter Nichols Cabinet Makers...................... 46 Notability............................................................. 75 Numismatica Ars Classica.............................. 57 Orpington Coins & Medals............................ 46 Penny Crown Coins.......................................... 37 David Pratchett.................................................. 66 Mark Rasmussen............................................... 43 Roderick Richardson....................................... 40 Royal Mint................................................. 25, OBC Chris Rudd..............................................................2 Safe Albums........................................................ 57 Saltford Coins..................................................... 61

Douglas Saville ................................................. 85 South Coast Coin & Medal Show................ 88 Stack’s, Bowers & Ponterio............................ 69 St James’s Auctions........................................ 8, 9 Thomson, Roddick & Medcalf...................... 30 Timeline...................................................................3 Treasure Hunting.............................................. 64 Michael Trenerry Ltd....................................... 57 Wakefield Fair..................................................... 87 Warwick & Warwick......................................4, 34 Weighton Coin Wonders............................... 60 Westminster Auctions.......................................7 John Welsh.............................................................6 West Essex Coin Investments...................... 81 Tim Wilkes............................................................ 50 Trevor Wilkin....................................................... 75 World Paper Money Fair................................. 72 York Coins............................................................ 42

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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Medals, Coins & Banknotes Wednesday 27 July 2011 Knightsbridge, London Invitation to consign Bonhams' incorporating Glendinings has been selling coins and medals at auction since the turn of the last century.

Recent results have reflected the current buoyancy of the market, with high prices being achieved for quality items.

Enquiries John Millensted +44 (0) 20 7393 3914 john.millensted@bonhams.com Edouard Wyngaard +44 (0) 20 7393 3917 edouard.wyngaard@bonhams.com

Catalogue +44 (0) 1666 502 200 subscriptions@bonhams.com Illustrated: Items sold in our April 2011 sale.

Bonhams Montpelier Street London SW7 1HH www.bonhams.com/coins www.bonhams.com

Celebrate THE

Royal

Wedding

MAXIMUM COIN MINTAGE 3,000*

The UK Royal Wedding 2011 £5 Fine Gold-Plated Silver Proof Product Code: UK11RWPL Price: £85.00

A UK FIRST MAXIMUM COIN MINTAGE 7,500*

The UK Royal Wedding 2011 £5 Gold Proof Product Code: UK11RWGP Price: £1,550.00

The Official UK Royal Wedding Coin – celebrate with us This official commemorative crown celebrating the wedding of Prince William and Catherine Middleton is one of only two UK crown pieces to bear a double portrait commemorating a Royal Wedding day. The first was that of Prince William's parents - The Prince of Wales and Lady Diana Spencer in 1981.

Available in 22 carat warm gold, or as a fully gold-plated silver piece which is a first for a UK coin, both are struck to superb Proof quality. They are presented in luxurious cases and come complete with Certificates of Authenticity testifying to their Maximum Coin Mintages.

Join us in our celebration of the Royal Wedding and order your official limited edition UK £5 coin today.

To order your Royal Wedding coin and view our huge choice of collectable coins visit

www.royalmint.com/CNMAYA

Phone:

0845 60 88 555

Calls charged at local rate. (Lines open: 8am - 8pm, 7 days a week).

Please quote reference code: CNMAYA Enquiries to: The Royal Mint, Freepost NAT23496, PO Box 500, Pontyclun CF72 8BR. Conditions of Sale and Payment Options are available on request. Coins shown are not actual size.

Coin Specifications available on request. For our full set of Terms and Conditions please contact Customer Services on 0845 60 88 300 or online at www.royalmint.com/terms.. *Limited Edition Presentation is the maximum number of the coins, presented in this specific style and combination, that will be issued. Maximum Coin Mintage is the maximum number of the coins that will be issued. Prices may change due to fluctuations in raw material prices; packaging may change without notice. P&P is £2.95. © The Royal Mint Limited 2011.

CNMAYA