Coin news 2011 07 by Bungy

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PUBLISHING FOR COLLECTORS SINCE 1983

Incorporating BANKNOTE NEWS

COIN

Two early guineas—

NEWS ISSN 0958-1391

July 2011 Volume 48 No. 07

see page 34

Formerly Coin & Medal News incorporating Coins & Medals, Irish Numismatics, and Banknote News

Available at your Newsagent,

Interview 30 “Plus ultra”—further beyond

Please note that Editorial, orders, subscriptions and general enquiries can ALL be contacted at the following address:

Published monthly by Token Publishing Ltd. or by Annual Subscription Within UK £34.00 for 12 issues Europe and World surface mail £42.00 World airmail £52.00

An in depth talk with the Commercial Director of the Real Casa de la Moneda

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 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

Spotlight Two early guineas The Restoration’s new age of coinage

Detectorist’s notebook 36 The “Joyce” penny A unique coin from a Westcountry Mint

Insight Shipwreck coins Unravelling the mystery of coins recovered from the deep

In focus 44 Spirit of change

Ireland and the euro (2002–2010)

& about 49 AOutsource of pride

A look at the impressive numismatic collection of the Bibliotheque National de France

Tokens 53 The dividend token issues of

the ÁFÉSZ stores in Hungary The supermarket chain and one of the largest issues of tokens ever produced

Front cover: José Miguel Liencres, Commercial Director of the Real Casa de la Moneda.

Back to basics 62 Homecare 102

The importance of the right housing for papermoney

Papermoney feature 66 The Falkland Islands and their banknote issues Establishing order in a far flung corner of the Empire

REGULARS Editor’s Comment...............................................2 Coin news & views .......................................... 12 View of the Bay ................................................. 18 Around the World ............................................ 20 New issues coin update ................................ 22 Royal Mint Bulletin .......................................... 24 Market Scene .................................................... 27 Price Guide SIXPENCES & FOURPENCES 56 Coin of the month ........................................... 60 Banknote News ................................................ 65 New issues banknote update...................... 70 Price Guide to PROVINCIAL BANK OF IRELAND LTD & ULSTER BANK LTD ................. 71 FAIR FEATURE—York Coin & Stamp Fair . 74 Letters .................................................................. 79 Dealer’s Lists ...................................................... 81 Fair & Auction diary ........................................ 82 Societies diary................................................... 84 Semi-display adverts ...................................... 86 The Web Page ................................................... 88 Classified advertising ..................................... 90

ADVERTISERS INDEX—SEE PAGE 91

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 . . .

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Editor’s comment

Fair chance

HE London Coin Fair at the beginning of June, held as ever in the Holiday Inn, Bloomsbury, was a great success—a large number of people eagerly queued in the foyer before the 9.30am opening and throughout the day a steady stream of visitors ensured that the event felt busy right through to the afternoon. As always COIN NEWS was there and as always it was great to see so many old friends—even if we had seen some of them only the week before at Eddie Smith’s excellent Leeds fair (a fair that goes from strength to strength and is now so over-subscribed that the only place we could fit in was outside the main room in the foyer—and glad we were to get that spot too!). Both shows were, of course, business. We were there to do a job: to sell books and subscriptions and generally “fly the flag”, but at the same time it was good to catch up on the news, both coin-related and personal, from people we have known for years. Such events are always a pleasant mix of business and pleasure and as one collector who spoke to us in London pointed out, many of the people who come to the fairs treat them as much as social occasions as “hobby” related ones. Now that’s all very well, and it really is great to see so many familiar faces at these fairs but I couldn’t help thinking that too often it is ONLY the familiar faces coming through the door and that, having been doing the shows for more years than I care to think about, I can actually more or less guarantee exactly who I’ll see at which event. Don’t get me wrong, it really is great to see people and catch up; being based down in Devon we can sometimes feel a little out of the loop and the fairs are a great way to stay in touch, but seeing the same people from week to week does mean that we, and every other dealer who “stalls out”, has to try to keep their stock reasonably fresh. That’s obviously quite difficult for us as there are only so many numismatic books available. But it is difficult for the coin and banknote dealers too—seeing the same people all the time means they have to turn stock over quickly. If they don’t those same people quickly tire of seeing the same old same coins and in due course they’ll not bother visiting that dealer’s table at all. But the simple fact is that there isn’t that much material around and as a consequence dealers will buy and sell to each other just to keep things “going round” and keep the customers coming back. If there isn’t that much ready stock to be found then the obvious answer is to try to sell the coins that are around to more people: get a new set of customers through the door. But that in itself is as problematic as finding new items to sell to the old customers. The challenge is, of course, how does an organiser get out to new people whilst at the same time maintaining the safety and security of the show (there are, after all, hundreds of thousands if not millions of pounds worth of material on the tables at some of these events) and without filling the place with well-meaning members of the public keen to ask questions about the 20p without a date or the £2 coin with the Queen wearing a necklace but not so keen to actually buy anything? I remember talking to a dealer once who stated that he would far rather “ordinary” members of the public (i.e. non-numismatists) didn’t come to shows at all—he wanted only serious buyers prepared to spend serious money. Of course he did, he was there to make his living—but if everyone thought like that we’d end up in an exclusive little club with dealers only selling to a select few and to each other and whilst that might be great for some it isn’t really going to help the hobby long term. Conversely, advertising a show indiscriminately may well attract new people but they may well be exactly the sort of people not wanted: the kind of people that cost the dealers money either through theft or wasted time. What then is the answer to this quandary? How can an organiser attract new people who are both interested in coins and willing to spend money at a dealers table? The answer is simple: we sell 10,000 copies of COIN NEWS every month and we estimate that it’s read by three times that number or more and yet the same 500–1,000 people are the ones we see at the coin shows week in week out. Now, taking into account that some of our readers are overseas and therefore won’t come to a UK show (although many do, as the London Coin Fair demonstrated) and others are unable to travel, but I still estimate that there are over 20,000 coin collectors who could easily get to a fair—they simply choose not to. Therefore I would like to put out an appeal to all of you out there who have never been to a show in your lives: look at the calendar in the back of COIN NEWS every month, check our website and find out where we are going to be and then make an effort to come along and say “Hello”. We love seeing the familiar faces at these events and really enjoy catching up with the news We love greeting old friends every week, but we’d also JOHN W. MUSSELL like to make some new ones from time to time—and that’s where you come in. See you at the Group Managing Editor next fair!

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Autumn List will feature a comprehensive collection of Shillings from Cromwell to Elizabeth II including the famous Dorrien Magens piece of 1798.

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News & views

Hoard unearthed A

N archeological dig in Colchester has unearthed a hoard of more than 1,200 Roman coins. The coins were discovered in a small grey-ware pot by the team who were undertaking routine archeological survey work on the site prior to its being developed by builders, Taylor Wimpey. The Managing Director of Taylor Wimpey, Simon Brown, said: “It goes without saying that this treasure will be gifted to the local community. As soon as all the relevant formalities have been completed, Taylor Wimpey will be delighted to present the coins to Colchester Museum for the whole town to appreciate”. The coins were discovered in March but the news was kept under wraps until the British Museum had evaluated the coins. The hoard is made up of coins covering the period AD 251 to 271.

ROYAL COMMEMORATIVES SNAPPED UP THE wedding of Prince William and Catherine

Middleton saw some delightful commemoratives struck to mark the occasion by the mints of the world. Within a fortnight of the wedding, the Royal Mint reported that it had sold out of all its 250,000 Royal Wedding Presentation Packs, along with the gold plated silver and Piedfort editions. The Royal Canadian Mint also sold out of its 25,000 $20 silver commemorative coins although it is still able to offer its 25c commemorative.

It’s here!

OMAN COINS AND THEIR VALUES Volume IV by David R. Sear is out now. This long-awaited fourth volume in the highly popular series contains a comprehensive listing and pricing of the Roman coinage, AD 284–337 together with background information on the history of each reign. The book is now available from Token Publishing Ltd at £45 plus £5 postage (UK and world surface; £10 airmail). Also available from us is the new Krause Standard Catalog of World Coins 1901–2000 39th edition, priced £44.99 plus £8 postage (Europe and world surface £10, airmail £18). To order these new books telephone 01404 44166 or you can order at any time, day or night, via our website www.tokenpublishing.com.

Utah goes GOLD

N March 25, the US state of Utah signed the Utah Legal Coin Act which will recognise gold and silver coins as legal tender. The bill has been prompted by a growing movement in Utah to reintroduce gold and silver backed currency. The campaign, spearheaded on the website www.utahsoundmoney. org, believes that “an alternative sound money system confers many benefits on citizens and state governments alike. Such a system serves as a refuge from the ills fiat money produces, including the insidious ‘inﬂation tax’ that our current monetary system imposes . . . by contrast, the sound money systems of the past continued virtually inﬂation proof for centuries on end”. The bill means that precious metal commemoratives issued by the US Mint can be viewed as currency in the state. Gold and silver has not been considered legal tender in the US since 1971. Although Utah is at present the only state to have legislated, it is thought around 11 other states are also considering the idea.

Singapore SIZZLES

HOUSANDS of collectors turned out for the first annual Singapore International Coin Fair on May 6–8 to meet a wide range of international dealers and organisations including the Professional Coin Grading Service. “Grading is becoming more popular in the Singapore numismatic market, and collectors asked many questions,” said Muriel Eymery, PCGS Director of International Development and Manager of the PCGS Paris office who was fortunate enough to attend the event. The Singapore International Coin Fair was hosted by PandaAmerica and held at the Singapore Convention Centre, Suntec City. PandaAmerica President Peter Yeung and his team worked tirelessly to create the first international numismatic event in Singapore in almost ten years. In a postshow statement, PandaAmerica officials said more than 8,000 people attended. PandaAmerica President Peter Yeung and PCGS Director of International Development Muriel Eymery take a brief break at the 2011 Singapore International Coin Fair.

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IN BRIEF

All change

UE to a double booking by the Holiday Inn, The London Coin Fair has had to change its November date from November 5 to November 19. As well as dealing with date changes, organisers Mike and Lu Veissid have also been busy taking over the regular coin fairs run by Linda Monk who, after many years of hard work, has decided to hand over the event to the LCF team. The fair will be known as the Bloomsbury Coin Fair Ltd and dealer John Philpotts will be overseeing the show on the day. The Veissids are also the organisers of the Midland Coin Fair so for details of any of these events simply call Mike or Lu on 01694 731781 or log onto www.coinfairs.co.uk.

ancient sale EXTRAVAGANZA

S reported in last monthâ&#x20AC;&#x2122;s issue, the Chicago International Coin Fair (CICF) at Rosemount, Illinois in April coincided with an important ancient coin auction. The three-day series of auctions conducted by Heritage topped $9.6 million, nearly doubling results from the 2010 CICF sales and setting several records along the way. Of particular note was a spectacular silver tetradrachm of Naxos, Sicily, struck circa 415 BC (pictured), which fetched an impressive $174,800 and a gold medallion of the Roman Emperor Constantius II achieved a breath-taking $126,500. â&#x20AC;&#x153;The key to having a successful sale today is consistent high quality,â&#x20AC;? said David Michaels, Director of Ancient Coins for Heritage, â&#x20AC;&#x153;which in this competitive market is not easy to achieve.â&#x20AC;? In the Greek section, a collection of 13 coins of Elis, Olympia brought uniformly strong bids, topped by $37,375 for a beautiful silver stater struck circa 452 BC, formerly of the Spencer Churchill Collection (lot 51). Other notable Greek prices included $92,000 for a silver stater of Cos struck circa 480 BC and $86,250 for a silver tetradrachm of Acragas, circa 406 BC. In their Signature & Platinum sale on April 27 which saw many US coins soar away from their presale estimates, a rare gold proof $20 of 1870 realised an impressive $345,000. For full results of these and other outstanding Heritage auctions, along with images log onto www.ha.com. www.ha.com

NEW SALE C

ROYAL MAIL have been giving Londonâ&#x20AC;&#x2122;s Coincraft a bit of a headache over postcodes of late. They have had their postcode changed three times so far this year! Currently it is WC1B 3JL and Coincraft are hoping it will remain so. COLLECTORS will take heart to hear that Chinese fake coins, the scourge of collectors everywhere, suffered a set back recently when US Customs confiscated a shipment of fake US trade dollars arriving from China. They were destined for a US buyer who informed officers he was planning to sell the coins on an Internet auction site. BACK due to popular demand! Dealer Michael Trenerry has brought back his â&#x20AC;&#x153;Bargain Boxâ&#x20AC;?, a list which he used to issue occasionally offering pieces in a slightly lower condition than his main catalogue. It is included with Michaelâ&#x20AC;&#x2122;s latest main catalogue, June 2011. To find out more telephone 01872 277977 or email veryfinecoins@aol.com. THE current Master of the Royal Canadian Mint, Ian Bennett, has been reappointed for a three year term commencing June 12. AN outstanding selection of coins of The Netherlands are on offer in Munthandel G. Henzenâ&#x20AC;&#x2122;s List no 224. Profusely illustrated it is available from Postbus 42, NL-3958 Amerongen or go to www. henzen.org. VOLUME 2 of Studies in Early Medieval Coinage: New Perspectives edited by Tony Abramson is now available. To find out more visit: www.boydellandbrewer.com.

STOP THIEF

OINS, stamps and general ephemera will be on offer at Smiths of Newentâ&#x20AC;&#x2122;s next antiques and collectables sale on July 22. Catalogues are available to view on-line from July 15. There is also the opportunity for live on-line bidding for those with internet access. Simply go to www.smithsnewentauctions.co.uk or contact the auctioneers on 01531 821776 for further details.

STOLEN: One of our readers suffered a break-in some time ago resulting in several numismatic items being stolen. These included boxed Franklin Mint coin sets from the early 1970s to around 1976, British Victoria Diamond Jubilee silver and bronze large-size medals in their original cases and the George V Silver Jubilee large silver medal in its original case. Also stolen was a framed collection of Charles & Diana base metal wedding crowns with handwritten descriptions on the reverse of the frame. There were also a variety of other silver crown coins from Canada and the US in 2x2 flips. These items had a very distinctive grey monogrammed 2x2 card (illustrated). Please contact the COIN NEWS, in confidence, with any information.

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Hallaton Treasure coins on show I

N 2000 amateur archaeologists discovered the site of the largest hoard of Iron Age gold and silver coins ever found in Britain, along with a unique Roman gilded silver helmet. A small silver bowl from the hoard and some of the coins are on display at Goldsmiths’ Hall until July 16. The site was initially discovered when the group were field walking in east Leicestershire. Ken Wallace, a member of the group later returned with a metal detector and found hundreds of Iron Age coins. Professional excavations of the site in 2001 and 2003 by the University of Leicester resulted in a total of over 3,000 silver and gold Iron Age coins being found. These were mostly struck by the Corieltavi, a local Iron Age tribe. Evidence of feasting at the site suggests that the coins were probably offerings at an important open-air religious centre, possibly associated with Druids. In total some 18 groups of Iron Age together with Roman coins were found on the site. The total number was over 5,000. Many of the groups still retained the shape of the bags that held them. Dr J. D. Hill of the British Museum commented after the excavations: “This is a discovery of international significance and one that has surprised us at every turn. Hardly any Iron Age coin hoards have ever been scientifically excavated before. Then to discover a silver helmet and then the bones from feasting was even more of a shock. Together they can tell a story about the ritual that happened here 2,000 years ago and force us to think just how important Leicestershire was before the Romans”. A lecture (by invitation only) entitled The Hallaton Hoard and the Mystery of the Corieltavi Silver Bowl will take place at Goldsmiths’ Hall in London’s Foster Lane on June 21, 2011. For more information on the exhibition telephone 020 7606 7010. John Andrew

Gold for South Africa

ARTICIPATION in the recent Chelsea Flower Show where a prestigious gold medal was awarded to the South African entry was generously funded in part by The South African Gold Coin Exchange (SAGCE), the Johannesburg-based coin specialists. Early on in the year the SAGCE contributed the sum of R300,000 towards the cost of funding South Africa’s 2011 entry into the competition at a time when that entry was jeopardised by an inability to raise the required funds. “We are thrilled to have contributed towards the award,” said Michelle le Roux, SAGCE Brand Marketing Manager. “The SAGCE is all about gold and we lent our sponsorship to the entry confident that it would earn gold for the nation”. Well done SA!

A gold stater of south-eastern type (Catuvellauni/Trinovantes) with CUNO(belinus) with ear of wheat on one side and DUBN(ovellaunus) with horse on the other. It is unusual for both names to be seen on one coin. (Image courtesy Leicestershire County Council.)

Early birds

EXT year sees the Diamond Jubilee of HM Queen Elizabeth II. First off the block with a commemorative coin is the Royal Canadian Mint who have already issued a 2012 dated coin marking the event—a crystal-embedded silver $20 piece. To find out more go to www.mint.ca.

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

PAUL DAVIES

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

LIFE MEMBER

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News & views Special treat

NTIQUITY enthusiasts have a treat in store with Timelineâ&#x20AC;&#x2122;s next auction on June 23â&#x20AC;&#x201C;24. Held at The Swedenborg Hall, 20-21 Bloomsbury Way, London WC1A 2TH, nearly 1,000 lots come under the hammer over the two day sale. Although billed as an antiquities sale, the auction has several very interesting lots with strong paranumismatic associations. A good example is a 1st century Roman bronze cosmetic mirror with its reverse in the form of a coin depicting Faustina I. A 14th century Byzantine silver bowl, with a silver coin carrying a religious image at its centre, is another lot that will interest paranumismatists. Coins, especially those depicting Christian subjects, were occasionally set into early religious silver plate items. This one is anticipated to sell for around ÂŁ800. For catalogue details tel: 01708 222824 or visit www.timelineauctions.com to view on line the full range of lots consigned.

Australian hoard

ONSTRUCTION workers in the port city of Albany, Australia, have discovered a large hoard of British sovereigns while digging at a new building site. It is estimated that between 300 and 400 19th century coins have been found. Western Australia police are baffled as some of the coins date from a time nearly 30 years before Albany was colonised. British sovereigns were used in Australia until 1855, when the Sydney Mint started to produce their own version of the coins featuring an Australian design. With the current gold price remaining strong the market value of the hoard is considerable setting the local authorities something of a challenge in ascertaining who will be the legal owner of the find. Initially the building contractor returned the coins to the owner of the property as he had laid claim to the coins. However, police are now investigating whether there may be other laws and precedents dealing with such a situation. In all events, the matter is not likely to be resolved quickly. (Story courtesy of coinsweekly.com).

Silver legends

IVE iconic designs from New Zealand have been issued to mark the 20th anniversary of the countryâ&#x20AC;&#x2122;s $1 and $2 circulating coinage. This set is the first silver proof coin issue from New Zealand and features denominations from 10 cents to $2. Only 1,200 sets will be available worldwide. The designs such as the $1 kiwi and the 20 cent Maori warrior leader Pukaki are now familiar images around the globe. The set is available direct from the New Zealand Post at www.nzcoins.co.nz (tel: +64 349 1234).

Coin Yearbook 2012

Please send in any amendments you may have for the 2012 COIN YEARBOOK by July 30â&#x20AC;&#x201D; Thank you!

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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. Offered is this silver hammered Irish groat of King Henry VIII, date c.1534 and is of the Irish Harp issue. This coin has the letters “H” and “I” either side of the shield which indicate Henry and Jane Seymour. This coin is in superb condition with no chips or cracks and I would grade at least VF for the issue. The Scotland and Ireland Spink reference is 6473.—£215.06. Not a type of coin that appears on eBay very often and it attracted 18 bids from 13 bidders from a start of one penny. The under bidder waited until just three seconds were left but the winner’s bid placed 90 minutes earlier was higher. 1664 Charles II silver Crown with countermark “Wallis Hull”.—£120. This coin attracted 17 bids from nine bidders from a 99p start. Countermarked coins have a following on eBay and this one was one of the more unusual and larger examples. 1750 Crown, edge vicesimo qvarto. What else can I say, superb tone, superb condition, superb coin.—£858.38 This coin had a lovely tone which appeared to be natural, it was in at least very fine condition and as Coin Yearbook (CYB) values it at £1,000 in VF it appears to have been a good buy. The buyer has left positive feedback and is delighted with the coin. It would have sold for £200 less if two bids had not been placed in the last seven seconds. Bids invited for a good very fine fleurde-lis type penny from the reign of King Harold I (Harefoot), sole king 1037–40.

Coin News

Lincoln mint. Obverse: +HAROL/DRED REX around armoured diademed bust left with shield and sceptre; Reverse: +CO/ LGR/ IM O:/LNC around long cross voided, limbs united at their bases by a circle enclosing a pellet; a fleur-de-lis between two pellets in each angle. Spink Cat. No. 1165. North 803. Found 1982. This coin recorded on the Early Medieval Corpus at the Fitzwilliam Museum Cambridge as EMC number 1986.0090. Published in BNJ 1986. Weight: 1.11g. A beautiful, well struck example with dark tone, they don‘t come much better. Coins of this king’s short reign are quite rare and desirable, fetching above catalogue prices at major coin auction houses. Low starting bid and realistic reserve. This coin will sell on its merits. There is no Buyer’s Premium on eBay! Read my feedback and bid with confidence.—£1,661. The seller certainly supplied plenty of information about the coin and started it at £25. An impressive 25 bids were placed by 11 bidders with four bids being placed in the final 22 seconds of the auction. Very rare 1660 Commonwealth 1/(shilling) S.3218—enormous catalogue value (£850 F, £2,250 VF)—original grade— click on enlarge to see super-size photos of this coin—a lovely shilling.—£621. As this coin was less than fine on the obverse and fine on the reverse it did very well for the seller. 1843 penny in superb condition from my

private collection. Well! You don’t see many of these do you? A very rare coin to find and almost impossible to find like this one. It will find its own price.—£1,806. This coin was indeed in superb condition, at least EF from the photographs. The bidders seemed to agree as it this was above the CYB valuation of £1,200 in EF. If the under bidder had not come in with seven seconds left it would have sold for £700 less. “1863 Open 3” Victoria Penny Gouby BP 1863 B (J + g). Unlisted in Freeman, the 2009 Gouby edition on the British Bronze Penny states only seven known—this coin has been discovered this year! The date is a nice clear example of type—a “must have” piece for the serious Victorian bronze penny collection. This coin does have some verdigris issues on the obverse as can be seen, but I would still rate as being close in grade to the penny sold in the London Coins Auction last September for £380 + Buyer’s Premium which itself had several reverse digs.—£510. Despite a large area of verdigris behind Victoria’s neck it did very well for the seller attracting 27 bids from just eight bidders. Seize the opportunity to enhance your collection with this really rare Hase forged £1 Bank of England banknote. Prefix 28539 from 1820. Overprinted “Forged”. This note is in Fine condition.—£155.99. This note was started at £155.99 and it received just one bid, which from the seller’s point of view is preferable to receiving no bids.

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Around the world

CANADA’S 1921 RARITIES Dr Kerry Rodgers check’s out two of George V’s rarer coins

In April a set of 1921-dated Canadian specimen coins was sold in Sydney by Noble Numismatics for A$150,000. That price was primarily determined by the presence of the 5 and 50 cents. Both are Canada’s equivalent of Britain’s 1933 penny. The 5 cents is universally known as The Prince of Canadian Coins with the 50 cents commonly called The King of Canadian Coins. Whenever either of these two coins comes up for sale, North American collectors tend to get a mite over-excited. The story dates back to the late 1920s. It is spelled out in the Charlton Catalogue but few Coins News readers are likely to have a copy on their shelves. The number of 1921 coins minted were as follows: 1 cent (KM28)— 7,601,625; 5 cents (KM22a) —2,582,495; 10 cents (KM23a) —2,469,562; 25 cents (KM24a) —597,337; 50 cents (KM25a)—206,398. It could be noted that these mintages are somewhat less than those of 1920 and 1919 for all denominations. Then, in 1921 Canada’s currency act was amended to authorize the minting of the 5 cents in nickel, rather than the previous .800 fine silver. The existing stock of 5 cents, including the recently-struck 1921 coins, was immediately melted but it now appears that up to 500 escaped the melt pot. Most were preserved by collectors of the day who had obtained circulation strikes from the mint prior to the melt. However, some also appear to have This 1921 Canadian entered circulation with examples 50 cents, graded PCGS MS66, fetched $218,500 known in grades ranging from VG in January 2010. to Gem UNC.

Today the known total is about 100 coins. Most have been slabbed and independently graded. Together NGC and PCGS report having graded a total of 87 coins. This figure takes into account resubmissions. The example shown right is the finest known, graded MS67. On January 2, 2010 it sold for a very comfortable $115,000 —the highest price paid to date. Meanwhile, back in darkest Ottawa, the 206,398 1921-dated 50 cents sat in the Mint vaults. The demand for this denomination throughout the early and mid 1920s in Canada was very light. Just 28,000 of any date were issued prior to 1929. In the light of subsequent events, it is assumed most of these were dated 1920 or earlier. Then in 1929 the demand for 50 cents soared. The Master of the Ottawa Mint was concerned that the public might become a touch The finest known paranoid if quantities of new Canadian 1921-dated 5 coins with old dates were issued. cents graded PCGS MS67 He ordered all surviving 1920 that sold for $115,000 in and 1921 coins, believed to be January 2010. 480,392, be melted and recoined with a 1929 date. The upshot is that only 75–80 1921-dated 50 cents have survived. Most of these come from specimen sets or circulation strikes sold to Mint visitors. Like the 5 cents most have been slabbed, independently graded and then reslabbed and re-graded, often many times. This is where the subtle distinctions of one point in the MS scale can mean thousands of dollars. The highest price realized is the $400,000 reportedly paid some 10 years ago in a private treaty sale for a specimen graded PCGS MS67 for arguably the best example known. This contrasts with the $218,500 paid on January 2, 2010 for an example graded PCGS MS66 sold by Heritage. That offered in the set sold by Nobles carried a grading of PCGS SP64.

Images courtesy Heritage Auction Galleries www.ha.com

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Latest issues AUSTRIA

Theme: The Roman city of Carnuntum Mint: Austrian Mint Metal: Silver Denomination: €50 Diameter: 34mm Mintage: 5,000 Contact: Austrian Mint, www.austrian-mint.com

BRITISH VIRGIN ISLANDS

Theme: HM Queen Elizabeth’s 85th Birthday Mint: Pobjoy Mint Metal: Cupro-nickel and silver Denomination: $1, $10 Diameter: 38.6mm (both coins) Mintage: Unlimited ($1), 10,000 ($10) Contact: Pobjoy Mint Ltd, Millennia House, Kingswood Park, Bonsor Drive, Kingswood, Surrey, KT20 6AY. www.pobjoy.com

CANADA

Theme: Great Canadian Locomotives—The D-10 Mint: Royal Canadian Mint Metal: Silver Denomination: $20 Diameter: 31.3mm Mintage: 10,000 Contact: Royal Canadian Mint, www.mint.ca

COOK ISLANDS

Theme: Terminator 2 movie Mint: Royal Canadian Mint Metal: Silver Denomination: $5 Diameter: 38.6mm Mintage: 2,011 Contact: Downies, Shop 5, Town Hall Square, Sydney, NSW, 2000, www.downies.com, or your favourite new issues dealer

ISLE OF MAN

Theme: The fourth Commonwealth Youth Games Mint: Pobjoy Mint Metal: Base metal Denomination: £2 Diameter: 28.4mm Mintage: Unlimited Contact: Pobjoy Mint Ltd, Millennia House, Kingswood Park, Bonsor Drive, Kingswood, Surrey, KT20 6AY, www.pobjoy.com

LATVIA

Theme: Commemorating Aleksandrs Caks—Latvian poet Mint: Mint of Finland Metal: Silver Denomination: 1 Lats Diameter: 32mm Mintage: 7,000 Contact: Bank of Latvia, www.bank.lv, or your favourite new issues dealer

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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.

The John Field Balance A

CCURACY of weight has been and remains one of the key aspects of manufacturing coins, meaning that weights and balances feature strongly in the Royal Mint Museum. The instrument maker John Field, who occupied the position of Weigher and Teller at the Royal Mint and also Stamper of Money Weights during the early 19th century, gained a reputation as a man of some energy and as someone who was keen to see improvements in the equipment used. In 1826 he completed work on the beautiful balance illustrated here, a remarkable piece of equipment for its time, employing a mechanism not previously encountered on a balance of this type. The quality of the cabinet in which it is housed was undoubtedly made by one of the top cabinet makers of the day and its superb execution and finish, combined with the originality of thinking behind it, point to a piece of remarkable sophistication. Its significance in the development of scientific balances is in the influence it exercised over future designers. In a number of important respects relating to the lever mechanism, the design of the beam and the concept of the twin pillars, Field was breaking new ground and such features were subsequently copied, becoming standard elements of assay balances designed and used throughout the world. The exact purpose of the balance, however, is something of a mystery since it was too large to be a standard assay balance. It could have been for general analytical work or larger-scale assay trials but the excellent condition in which it has come down to us suggests it was used infrequently and its precise function remains an open question for the time being. 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.

The ultimate wedding souvenir H

ISTORY has been made with the issue of a unique gold “kilo” coin to mark the Royal Wedding. Only 40 of the 22 carat gold coins, featuring a traditional portrait of Prince William and Catherine Middleton, have been struck. Made from a kilogram of solid 22 carat gold and selling for £40,000, it is the ﬁrst time in the Mint’s 1,000 year history that kilo coins have been made to celebrate a Royal Wedding. Each kilo coin is 10 centimetres in diameter, produced individually and ﬁnished by hand. Struck on behalf of Alderney, the coins have a face value of £1,000 making them amongst the most expensive, rare and exclusive items to commemorate the recent Royal Wedding. Kevin Clancy, Director of the Royal Mint Museum commented “a kilo coin is extremely rare and unlike any other coin created by the Royal Mint due to its size and weight, which are governed by law. Only very special events are therefore commemorated with a coin of this size”. There are plans to strike 200 silver kilo coins for those who miss out on the gold version! For details of the full range of Royal Wedding issues log onto www. royalmint.com/wedding or telephone 0845 6088555.

Final £1 for Edinburgh E

DINBURGH joins London, Belfast and Cardiff in being commemorated on the latest £1 coin issue. As the 2011 issue of the “Cities” series, the proof £1 is struck in 22 carat gold, .925 silver and cupro-nickel. Like its three companion pieces—the Cardiff £1 coin issued earlier this year and the London and Belfast coins released in 2010—its reverse features all four Coat of Arms united by concentric circles to symbolise the links each city has with the other. Edinburgh’s Coat of Arms naturally takes prominence over the others. Crafted by Stuart Devlin the gold is limited to a total of 2,500 pieces and the silver to 20,000 worldwide. For details of this and the previous £1 coin issues simply go to www.royalmint.com or telephone 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

Clearly strong JOHN ANDREW

HE market is still very buoyant. As Steve Hill of Baldwin’s commented after the company’s auction, “Spectacular prices were achieved for English hammered gold and it was a fantastic result to sell the George VI proof set and to achieve a new world record. Many of the key items from the British coin section sold beyond our expectations and the market is clearly strong.” In his report this month JOHN ANDREW highlights some interesting results. BALDWIN’S—GENERAL SALE—MAY 3–4, 2011

Appropriately in the year when the historical drama The King’s Speech starring Colin Firth as George VI became a box office hit, coins of the monarch’s reign made auctioneering history at Baldwin’s. On offer was one of only two known proof sets struck with an experimental finish specifically to be used for the pre-production promotions of the coins struck for the King’s Coronation. When the designs were in their gestation in 1936, numismatic photography was in its infancy. The reflective properties of the gold coins made it impossible to obtain a clear image of each denomination. To overcome the problem, the Royal Mint successfully experimented with matt finishes produced by using a sand-blasting process to generate these pre-productions coins which were used to advertise the new coins to the public. This set would have been one of the first to be produced solely for that purpose. Unlike the only other existing set, this one is in its original case, which also differs from the standard 20th century UK proof sets as the housing is blue-black as opposed to cream. Apart from being toned, the coins are “as struck”. The set sold at its lower estimate—£106,200, a new world auction record for a George VI numismatic item. It was acquired by a bidder in the room representing an American client. The lot was exceptionally well catalogued with a five-page entry in the catalogue. In addition to the full page description and image of the cased set, the notes extended to two pages. There were also two pages of “Important Dates relating to the 1937 Matt Proof Set”, which in reality mostly featured noteworthy news stories from 1937. Nevertheless, it was well done and interesting. The 1937 proof set was not the only George VI rarity offered at this sale. A pattern doubleflorin of 1950 was also placed on the auction block. It has a milled edge stamped with the denomination’s value: FOUR SHILLINGS. This coin was a proposal to commemorate the Festival of Britain in 1951, but late in the previous year it was decided to coin the traditional crown instead. Only two patterns of this type are known. This is the only one Baldwin’s has seen with the value on the edge. In good extremely fine state, it was offered with an estimate of £20,000–£35,000, but failed to find a buyer. July 2011

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The matt proof set of George VI realised a new record price of £106,200.

However, other George VI coins of the highest rarity did find new homes. These were all matt proofs dated 1937 comprising brass and silver threepence and the penny, halfpenny and farthing. Apart from a few tiny spots on the brass threepence, these are “as struck”. The prices respectively were: £2,596, £2,596, £3,776, £1,534 and £1,239. However, the biggest surprise for a George VI coin was in the world section, when a 1946SA British West Africa penny was offered. Graded by PCGS at MS65 it sold for £1,770 against an estimate of £500–£800. Among the earlier English coins there was a Richard III (1483–85) Class 1 gold angel. Although struck a little off-centre and with some “dark deposit by the dragon’s head” (very sinister!) the piece is otherwise in good very fine state. Class 1 angels of this reign are the rarest of this monarch’s angels. The cataloguer set the estimate at £10,000–£12,500, which seemed quite reasonable. However, the piece was contested and the realisation was £30,680, which again is the reflection of the market.

British West Africa penny sold for £1,770.

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Market scene

Despite some “dark deposit by the dragon’s head” the Richard III Class 1 angel made £30,680.

£4,956 secured the rare Henry Ireton medal by Thomas Simon.

It concerns me that when auction realisations look like telephone numbers people think that good material is out of their grasp. However, this is not the case, even with hammered gold. A Henry VIII second coinage angel was offered bearing the lis initial mark for 1538–41. The piece has a pedigree that includes the Gordon V. Doubleday and Mrs E. M. Norweb collections. Furthermore, the cataloguer wrote “Fully round and attractively toned, pleasing very fine with good facial portraits on the obverse”. One can safely conclude “a good example”. The piece sold for £4,956 against a top estimate of £3,000—out of a youngster’s price range, but within the grasp of a middle aged collector with reasonable means. When sold by Spink at the Norweb sale in 1986, it sold for a hammer price of £850. The sale included superb pieces of early milled gold. The first was a 1705 Queen Anne five guineas. The cataloguer’s description says it all, “With brilliance and lustre of light red tone, hairlined in fields both sides and with other tiny surface marks, pleasing extremely fine, one of the finest portraits we have seen on the rarer pre-union type five-guineas date”. The estimate was set at £25,000–30,000 but

it sold for £42,480. An even more striking piece was a George II 1733 pattern two-guineas. The description reads, “A brilliant proof with only the lightest hairlines both sides, a few minute nicks in the reverse field, otherwise as struck and extremely rare”. This coin was auctioned in the States in 2005 and 2007. A comparable specimen sold at St James’s Auctions in May 2009 for a hammer price of £19,000. At this sale the hammer price was £24,000 which is £28,320 with the Buyer’s Premium. Top of the world coins was a Russian Elizabeth I gold five-roubles of 1758. Apart from scratches on the obverse, this rare coin is otherwise in extremely fine condition. It was contested to some 50 per cent above its top estimate at £46,020. However, a 1756 10-roubles of the same reign that is a little water worn, but otherwise in good very fine state, sold marginally below its lower estimate at £33,040. There was a large offering of some 500 lots of commemorative medals. Top price here was for a 1650 finely cast oval example by Thomas Simon. In silver, its obverse features Henry Ireton and the reverse a soldier climbing a rock and setting fire to the roof of a cottage. Ireton was a Parliamentarian and fought at Naseby. In 1646, he married Bridget, daughter of Cromwell, who appointed him his deputy in Ireland. In Medallic Illustrations, it is stated that the reverse was an attempt to apologise for the acts of cruelty and bloodshed perpetrated by Ireton, chiefly in Ireland. Examples are extremely rare. This piece is in extremely fine state. It sold for £4,956, more than four times its top estimate. The sale totalled £863,535. 1,136 lots were offered and 931 sold. Nevertheless, the sale exceeded the pre-sale estimate by some 10 per cent. There were 563 different bidders (of which 161 were bidding over the internet). Of these, 220 were successful (including 64 internet bidders). There were a larger number of registered bidders than usual, which pushed up prices for key pieces.

LOCKDALES—COINS & COLLECTABLES—MAY 15, 2011

The outstanding 1911 proof set realised the top price of £5,150.

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Top lot at this Ipswich sale was a 1911 “long” proof set. It is colloquially what one would call “a cracker” and which formally would be referred to as “choice”. Comprising the 12 coins from the gold £5 to the Maundy penny (no bronze in this set), the gold has a light “misty” tone and

is in nearly FDC state. The silver has a matching iridescent tone—my favourite with reds, damson and a hint of gold—and was catalogued as “practically FDC”. Occasionally one finds that the coins pass muster, but the case lets the side down. Not so here, as the case is also in excellent condition. The set was contested to £5,150, which no doubt brought a smile to the face of the consignor. There was some good reasonable English hammered gold on offer. My choice would have been an Elizabeth I pound with the woolpack mintmark for 1594–96. Not surprisingly this is a popular coin. The Queen wears an elaborate dress and has a profusion of hair making the Virgin Queen look every bit the monarch that you would expect to appear on the silver screen. Apart from two small holes created by a mount after REGINA, this is a good coin. It is struck on a full flan and is in better than very fine condition. Because of the holes the auction house put a “tempting” £2,000–2,500 estimate on the piece. It was contested to a hammer price of £3,600, which is £4,220 with the premium, a result which should please both the buyer and the seller. Of course, had it been without the tell-tale signs www.tokenpublishing.com

July 2011

Market scene noble described as “better than VF” of the mount, the price would have been much £1,870. Top of the hammered silver higher. Indeed, in May 2006 a nearly extremely was a 1653 Commonwealth crown. fine piece sold for a hammer price of £6,200 at St Evenly and centrally struck on a James’s Auctions. full round flan, this good The same sum was paid for a Henry very fine example sold VIII sovereign with the portcullis marginally above mintmark for 1509–26. North its lower estimate lists this coin as extremely rare. at £3,280. It was graded good fine, so There was was it a bargain? Some may a reasonable say that it was expensive offering of English as there was a “but” to the and British milled cataloguer’s grading. The silver. Of note here was problem is that it was a big a 1741 crown with roses in “but” as the piece is badly the angles. In extremely fine creased, is considerably cracked state its appearance benefits and overall is “very fragile”. from a pleasing light gold tone. It For such a sorry-looking coin to found a new home at £2,340, its top command £4,220, which is slightly above estimate. its low estimate, is not bad. The An appealing piece in the fact remains that to secure such a rarity for such a low sum means Despite its second-rate condi- world section was a German that it will be defective. tion £4,220 was paid for this New Guinea 5 mark of 1894. Its obverse is uninspiring, but Other prices for English Elizabeth I gold pound. the reverse is fantastic: a bird hammered gold were: an Edward of paradise in all its glory. The coin is in III Treaty Period (1361–69) noble in about extremely fine state and is proof-like. It sold at extremely fine grade, £2,580; a Henry VII (1485– its top estimate at £1,173. 1509) angel £1,525 in very fine condition and an The sale totalled £248,915. Edward IV light coinage (1464–70) ryal or rose

£3,280 secured this ﬁne example of the Commonwealth crown.

IMPORTANT NOTE:

Unless otherwise stated, the above realisations include the Buyer’s Premium. At Baldwin’s this is 18 per cent with VAT being paid on the Premium at 20 per cent. At Lockdales this is 17.15 per cent, inclusive of VAT.

July 2011

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Interview The impressive facade of the FNMT in Madrid.

“PLUS ULTRA”—

Further beyond . . . a motto taken to heart España, Spain, is home to such celebrated coins as the Real, the Maravedi, the Escudo and the Peseta, with an unparalleled numismatic past. MICHAEL ALEXANDER of the London Banknote and Monetary Research Centre speaks with JOSÉ MIGUEL LIENCRES, Commercial Director of the Real Casa de la Moneda and examines the legacy left by some of the most important Spanish silver coins ever produced and asks him what’s in store for the Real Casa.

Photos courtesy of Michael Alexander.

NE of Spain’s most famous and beautiful coins, the Real, played an important chapter in British numismatic history. In 1797, owing to the American war for independence which resulted in a serious cash crisis and shortage of silver for their own coinage, the Bank of England issued half a million pounds worth of Spanish Reales. Struck with King Carlos IV’s portrait, the re-issue included a counter-stamp cameo portrait of King George III. These re-issued coins were equal in value to 4 shillings and 9 pence and didn’t escape ridicule at the time. Ultimately the issue failed to stabilise the economy as counterstamping was “unofficially” applied to vast supplies of debased Spanish dollars. In 1804, a more successful issue was undertaken by the Bank of England with the assistance of Matthew Boulton, business partner of the steam engine pioneer James Watt. He was employed to erase the existing design on full-weight Spanish Real coins and strike “Five Shillings—One Dollar” tokens. Fast forward to 1868: the mint in Madrid had become the primary facility for national coinage initiated by the provisional government. Amalgamating the mint facilities and the state printing works in 1893, the Fabrica Nacional Moneda y Timbre was created. The current enormous building of the FNMT was completed in 1964. The headquarters, which house their minting and printing facilities, main reception, administration and their impressive museum takes up an entire block near the fashionable district of Salamanca. In Madrid you are guaranteed warm sunny days, a genuine friendliness of Madrileños, amazing architecture and an exceptional numismatic museum—that’s what I encountered on my recent visit. If you find yourself in Spain’s capital city soak up the history through their coinage and pass by the FNMT, you will not be disappointed. Sr Jose Miguel Liencres, Commercial Director of the Real Casa de la Moneda.

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Interview Spain is a extraordinary country whose eventful history is so well documented in its coinage. The Kingdoms of Castile & Aragon came together in 1479 leading to the modern Spanish state but the national Mint is much more recent. Prior to the FNMT’s establishment in 1893, where were the national coins produced? Under the reign of Isabel and Fernando, who are historically known as “the Catholic Kings”, the kingdom of Castile and Leon and the realms ruled by the Crown of Aragon maintained independent political and financial institutions. They also kept separate circulating coinage and mints. Seville, Segovia, Toledo, La Corunna, Cuenca and Granada struck coins for Castile. Barcelona, Valencia and Saragossa struck coins for Aragon. But in 1730, King Philip V ordered the closure of all mints in the Spanish peninsula except for Seville and Madrid (for gold and silver), and Segovia (for copper). These mints thereafter produced the coinage known as “provincial” that is, currency for the peninsular territory, as opposed to the “national” coinage, which was struck in the American mints. Eventually, the Provisional Government of 1868–70 centralised the entire production of coinage in a single location, the Mint of Madrid. In 1893, after merging the Madrid Mint with the Stamp Factory, it came to be known as the Fabrica Nacional de Moneda y Timbre.

use of certain types of medals prior to the reign of Carlos III, we can confirm that it wasn’t until the end of the 18th century upon the accession of his son Carlos IV, that the so called Medalla de Proclamacion y Jura would clearly assume, even without an expressed denomination, the function of a commemorative coin, as it appears they were accepted as money. These medals matched the coins in circulation at the time, in diameter, metal and weight and moreover, they are usually found today with evident signs of wear, indicating their having been circulated along with the legal tender coinage. So, these Medalla de Proclamacion pieces were in fact the closest we can come to having had commemorative coins issued at the time?

Yes, and with the accession of Ferdinand VII to the throne, proclamation medals were minted again, and face values were actually included on those issued in Queretaro, Mexico, Quesaltenango and La Plata. Any medals without face values were struck to match the monetary weight and diameter as in the Madrid case. Medals such as these, with a monetary function as circulating legal tender, were minted for the last time to mark the succession of Isabella II in 1833. They were struck in silver with values of 4 and 2 reales, 1 real and a ½ real. In succeeding reigns, proclamation medals would go back to being just commemorative pieces. Now, Dedicated world coin collectors know these in 1951, to mark the year in which Madrid facilities as the Fabrica Nacional de Moneda A “Medalla de Proclamacion hosted the “Second National Numismatics and y Timbre but, it has recently been referred to y Jura” of the reign of Isabel II International Medals Exhibition”, the FNMT used as currency. as the Real Casa de la Moneda. Can you tell us struck a special series of three coins (5 pesetas, what the correct name is? 1 peseta and 50 cents), on which “E” and “51” Yes, of course. In 1999 the name “Real Casa de la Moneda” were engraved inside the six-pointed stars making reference was officially adopted, while still keeping the traditional to this event. This coin series, of which only 5,000 sets were name of Fabrica Nacional de Moneda y Timbre, leading to the minted, was totally innovative as far as our numismatic history utilisation of the shortened form FNMT-RCM. The full name is concerned, as it was the first time that the FNMT-RCM paid is included on some of the packaging for the collector coins, attention to the coin-collecting world by manufacturing a special product with a short mint run. We describe this coin along with our logo of the crowned “M”. set as a “souvenir” rather than commemorative, since the only I’d like to speak about some of the previous currencies in reference to the Exhibition is the “E” in the first star. Spain. With the Provisional Government in 1868 came the first use of the Peseta. Why was the Real and the shorter-lived I know a lot of collectors would like to know just why the silver Escudo replaced? What was the reason behind the new years on Spanish coins were embedded in those stars. Can you explain to our readers when and how this started and currency at such a crucial time? why the practise was finally discontinued? The creation of the Peseta in 1868 brought to a close a long process of failed attempts to reorganise the Spanish currency. Traditional denominations such as the Real, the Maravedi and the Escudo were abandoned once and for all. They were key players in a currency in which modern and early pieces co-existed with similar names but with different values and characteristics. This situation brought about continuous confusion and complaints from the public. So, the Decree dated October 19, 1868 announced that the objective was to establish a new monetary system bearing no relation to the previous ones and hopefully bring order to the difficulty of the money by adapting it to the European model and the Latin Monetary Union created in 1865. This was the first serious attempt to establish a common European currency. I’m a big fan of early Spanish coins. My own collection spans from the late 1700s and until 1980 I can’t think of one commemorative coin in all of that time. I’m sure a lot of national events and anniversaries were missed during that time. Can you explain why this was? Quite simply, in the past Spain’s Royal Treasury did not consider it appropriate to mint commemorative coins, and though we may have our suspicions regarding the monetary July 2011

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50 pesetas of 1980 clearly showing the stars with the date either side of the denomination.

50 pesetas of 1984 with the stars and dates replaced by dots and the addition of the crowned M logo.

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Interview This is quite interesting. . . . In 1850 the traditional Spanish mint marks were replaced with stars having varying numbers of points, depending on the location of the mint. For example, Seville had a seven-pointed star, Barcelona an eight-pointed star and Segovia a three-pointed star. The Provisional Government, which centralised coin production in Madrid, introduced a digit placed inside the six-pointed star, and began the distinction between the year of issue, appearing in full in the legend, and the year on which the coin in question was minted (the date inscribed in the stars) which may coincide or not. Also, due to the difficulty associated in engraving and minting year numbers within the stars, this practice evolved into a security measure against forgeries. Coinciding with the substitution on the coinage of the Francoist coat of arms with the current one, which took place in 1982, the decision was made by the FNMT-RCM to reinstate the traditional Madrid mint mark and to eliminate the six-pointed star and its functions. Since then the year displayed on the coins were changed each year. Regarding the Francoist years, 1975 was such a pivotal year for Spain with the restoration of democracy and the accession of King Juan Carlos. Was there ever a concerted effort on the part of the new government to completely remove Franco’s coins from circulation when the Spanish State emblems were also replaced? Actually, at the time, the Treasury and the FNMT-RCM limited themselves to just minting a new series of coins with the image of Juan Carlos I while maintaining the same denominations, metals and weights as the coins in existence up to that point. It would not be until January 1, 1997, when all coins of General Franco and the first series of coins of Juan Carlos I were no longer in line with the new specifications for the last coins of the Peseta, so they were officially demonetised and withdrawn from circulation. I remember 1989 saw the FNMT issuing several collector coins to the market with the Quinto (V) Centenario celebrations and the wonderful Olympics and Seville Expo coins in 1992. Was this when the FNMT saw the potential for Spanish coins to collectors? Yes, that’s exactly how it was for us! These three large programmes launched the FNMT-RCM onto the numismatic market both nationally and internationally as had never been done before, and we discovered the huge interest that was being sparked by Spanish collector coins all over the world. On a national level there had been a couple of precedents two years earlier. In 1987 a special series of a 200 peseta coin, a 1 peseta coin and a 500-peseta coin in a presentation case were given a magnificent welcome by collectors and hobbyists. This led us to believe that it would be of great interest for the FNMT-RCM to develop Collector Coin Programs which had already been the practice in many other countries. Are your collector coin programmes aimed at a domestic market or, since there is such a substantial Spanish Diaspora and many Spanish speaking countries, do the FNMT coins try to appeal to this wider audience? I think they are designed to appeal to both the Spanish and the international markets. The introduction of the euro gave rise to a great deal of interest throughout the euro area and in Europe as a whole in collecting coins from all the countries that were minting the new currency. So initiatives sprang up such as the Europa Program in which Spain has taken part since its conception. The Asian market also gives our coins a warm welcome. We are also the coordinators of the Ibero-American Series of commemorative coins in silver that we develop every two years together with a large group of Ibero-American countries (up to 14 countries have participated in these releases). The subject matters are decided on by a consensus among all the participating countries and reflect aspects, anniversaries and significant events of the important history and culture that we share.

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I am often asked by collectors of Spanish coins, when the changeover to the Euro was completed, why were the new €12 coins smaller than the €10 coins? Also the new €50 coins are similar to the current €10. Isn’t this all a bit confusing? No, it’s all quite simple. The €12 coins are the successors to the former silver 2,000 peseta coins, which were first minted in 1994 and the €12 denomination was equal to their value. These coins are distributed to commercial banks and are bought by the public for their face value. Now, due to significant increases in recent silver prices, that face value has been increased to €20. However, the original specifications of this coin remains unchanged at 18 grams of .925 silver, 33mm in diameter. The maximum mintage over the last few years has remained steady at two million pieces. The other collector coins (gold and silver), including the silver coin with a €10 face value, are minted in Proof quality. These are sold at a premium over their face value. The €10 coin also has similar specifications to those of the old Spanish piece-of-eight, which is 27 grams of silver and 40mm in diameter. With regard to the €50 coins, these are much larger than the €10 or €20 coins because they follow the classic metric equivalent of the silver “Cincuentin” (169 grams of silver, 73mm in diameter) and they represent the second type of euro collector coins. I am sure our readers will be interested in what important events or anniversaries are going to be marked with collector coins this or next year. This year, the main feature of our numismatic programme will be the second and third issues in the series dedicated to Spain’s Provincial Capitals and Autonomous Cities. This programme will be completed in 2012 and will comprise 52 silver coins representing each of the cities. One side of these coins reproduces the coat-of-arms of each city and the other side features a monument or similar city-related subject matter. We’re participating in the Europa programme dedicated to Explorers, with gold and silver coins featuring Francisco de Orellana, the discoverer of the Amazon, and we will be launching the fourth in the “Spanish Painters” series. We are also working on two dual-national projects with Portugal and with Russia. The projects to be undertaken for 2012 have not yet been decided on or made public, but among other events and anniversaries we are working on is the Bicentenary of the Constitution of Cadiz. As we come to the close of our interview, I usually end by asking my hosts if they are collectors of coins themselves. So, if I may ask this of you and if so, what coins are in your collection? Actually, yes I do. I am a collector of modern Spanish silver coins, particularly those with similar dimensions as the 8 Reales. I collect the ones I think are the loveliest or most interesting based on the design. I especially like the coins in the Europa programme since the first edition (we are currently in the eighth) because they feature such interesting subject matter and also due to the multicultural nature of the series. It’s reassuring to know that someone in your position is also a client of the FNMT-RCM and I have to agree with you, the successors to the 8 Reales coins are big favourites of mine too. Sr Jose Miguel Liencres, Commercial Director of the Real Casa de la Moneda, thank you very much for your time today. It has been my pleasure to welcome you to the FNMT-RCM. I would like to express my gratitude to Sr Raphael Feria, Curator of the Real Casa’s Museum, to Ms Julia Agenjo, Marketing Manager of the Commercial Department and to Sr Jose Orozco, Sales Representative of the Commemorative Coins Department for all of their kind assistance with the preparation of this article, it is greatly appreciated. www.tokenpublishing.com

July 2011

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Spotlight RAYMOND PALERMO

Two Early E

Guineas

NGLAND’S currency underwent many changes in the first few years after the Stuart Restoration under Charles II in 1660. The most important of these occurred in 1662 when rollers and screw presses permanently replaced the antiquated hammer method of manufacturing coins. This enabled the production of high quality pieces of consistent weight and size. Another innovation was the overhaul of the gold coinage. Between the years 1663 and 1675, the final hammered denominations of the Unite (valued at 20 shillings), double crown and crown were replaced by £5, £2, £1 and 10 shilling pieces. The one pound pieces soon became known as “Guineas”, so-named after the area in western Africa from which much of the gold for the coins was mined. This article will look at two early guinea designs: the first guinea of Charles II and the 1701 “Fine Work” guinea of William III. of March 27, 1663. These coins, measuring 25mm in diameter and weighing between 8.4 and 8.5 grams, are extremely rare today. They have Charles II’s magnificent laureate portrait, facing right, on the obverse, with the legend reading “CAROLVS II DEI GRATIA”. The reverse shows the crowned cruciform shields of England, Scotland, France and Ireland with sceptres in the angles. The reverse legend reads “MAG BR FRA ET HIB REX” with the first two digits of the date being separated from the last two by the uppermost crown. The edges of the guinea pieces from 1663 to 1669 have vertical graining; those of guineas from 1670 have diagonal graining. The two guineas and half guineas also have grained edges but the five guinea coins’ edges are inscribed with “DECVS ET TVTAMEN”, a phrase said to have been suggested by the diarist John Evelyn meaning “An ornament and a safeguard”. This is followed by the regnal date in words, calculated from the time of the execution of Charles II’s father, Charles I, in 1649. Many Charles II guineas, together with their multiples and halves, have an elephant and, later, mahout (commonly called a castle) located below the bust, showing that they were made from gold obtained from the Africa Company whose badge were these symbols. The 1663 guinea has a bust with an almost straight truncation that is also pointed towards the front. Consequently, the elephant below the bust on these coins looks somewhat squashed. As a result, the bust was redesigned the following year with an indented truncation to accommodate the elephant. Over the reign of Charles II, who died in 1685, four obverses and two reverses were used A superb example of a guinea on his guineas. Although they are generally of Charles II by John Roettier, rare and expensive, they are much sought clearly depicting the Elephant after by today’s collectors for their attractive provenance mark. craftsmanship and many interesting varieties.

The designer of much of Charles II’s milled coinage, including the gold pieces, was John (or Jan) Roettier. His father, Philip, a talented medallist and goldsmith from Antwerp, had lent money to Charles II during his exile. In return, Charles promised Philip employment at the Royal Mint for his three sons, all excellent engravers, should he eventually be restored to the English throne. John was the most gifted of all the Roettier brothers. On May 19, 1662, he was appointed “one of the Chief Engravers of the Mint”. His rivalry with the equally gifted Thomas Simon (who, of course, designed the famous Petition Crown in a vain appeal against Roettier’s appointment) is well known but that’s another story. The first guineas were minted on February 6, 1663 (1662 in the then used Julian calendar) and became legal currency by a Proclamation

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July 2011

Spotlight smallpox in December 1694, leaving William to rule alone. Like his Restoration predecessors, William issued the guinea, as well as its multiples and half. These show his laureate head, facing right on the obverse. The reverse has a cruciform shields and sceptres design, similar to that of Charles II, except that the centre is now occupied by the rampant lion of Nassau. The reversion to the cruciform shields device followed the unsuccessful crowned shield reverse used on William and Mary’s gold coinage. The designer of William’s gold coins was John Croker, a young, talented and energetic engraver. He and one of John Roettier’s sons, James, were responsible for designing most of William III’s coinage in general. Croker’s “Fine Work” gold five, two and one guinea (but not the half guinea, which was not issued as a “Fine Work” piece), all dated 1701, are indeed, fine pieces of art. They are termed “Fine Work” because they show the King’s hair in very intricate detail. Virtually every curl of the royal coif is exquisitely detailed. William’s face is also finely engraved. As a result, the portrait is vibrant and attractive. These coins are popular with collectors, especially in the higher grades, where the delicate details have been well preserved. The guinea series of Charles II saw the beginning of a new gold English coinage. Subsequently, William III’s “Fine Work” guinea The magniﬁcent series marks, for this writer at least, a high point “Fine Work” guinea in England’s early milled coins. Both series are of William III. justifiably popular with today’s collectors.

The second guinea to be briefly outlined in this article is William III’s 1701 “Fine Work” guinea. William III, together with his wife, Mary II, became joint sovereigns of England in 1689, following the “Glorious Revolution”. Mary, a Protestant, was the elder daughter of the Catholic James II, who had been deposed in the Revolution. Their coins had their conjoined heads on the obverse. Tragically, Mary died of

July 2011

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Detectorist’s notebook JOHN SLY

THE “JOYCE” PENNY A unique coin from The Mint of Watchet C

O-INCIDENCE is much more common than one might think. At roughly the same time that I was discussing with two fellow members of the Saffron Walden Detectorists Club the find that they had made almost exactly four years ago, COIN NEWS appeared with an article about the Watchet mint by Peter Burns (April, 2011). I have had an interest in this mint, and several other small mints, for many years, and I have had articles published about several of them in COIN NEWS,, in its predecessor, and in other publications: Horndon (published in July 1980); Horncastle (February 1984); Lympne (November 1984); Cissbury (January 1985); Bedwyn and Marlborough (March 1988); Winchcombe (November 1990). The co-incidence was that the find I was discussing with my fellow detectorists was of a penny of Cnut from the Watchet mint, the unusual feature of which being that it was struck by a moneyer, Siwerd, not recorded for Watchet prior to this find in April 2007. Siwerd is not a name previously known at the Watchet mint for any type of Cnut’s reign, nor at any of the mints nearby, such as Langport, Taunton, or Axbridge, or even the larger regional mints of Bristol, Bath or Exeter. . The obverse legend on the coin reads: + CNVT REC: The reverse legend is + SIPERD ON PECD. The type was described as North 790, that is: obverse: bust left, diademed; in front sceptre with lis head; reverse: short cross voided; in centre, a circle enclosing a pellet. The coin was first published in the British Numismatic Journal, 2008, “Coin Register” section, number 263, with the simple comment: “A previously unrecorded moneyer for the Watchet mint”. Most detectorists tell me that it is usual for single finds of this kind to come totally unexpectedly. Cordelia (known to everyone as Dee) and George Joyce were on a metal detectorists’ rally; the venue was a ploughed field near Bassingbourn, a village in Cambridgeshire, off the Old North Road, between Royston and Wimpole. There were fourteen members of the club on this rally, and George remembered that the day was extremely hot and the ground extremely hard, making detecting (and digging) very difficult. Dee and George were working at different ends of the field at the time of the find. Dee was close to a friend, who had just told her that he had a signal, and Dee got a signal almost immediately afterwards. When she dug it, it turned out to be the Watchet penny, and it was relatively close to the surface, only a couple of centimetres down. Dee turned to her friend, showed him the find, and said that she hadn’t had a find like this before. He was able to identify it fairly quickly as Saxon, and said words to the effect that apart from her being an extremely lucky person, George would love her for ever! Meanwhile, George was next to another detectorist in the party whose mobile phone rang, and the call turned out to be a message saying that Dee had discovered a Saxon coin. Before very long all the detectorists knew what had happened, and gathered round to view the find. Shortly after the rally George and Dee went to the coin room at the Fitzwilliam Museum in Trumpington Street, Cambridge. They first met Ted Buttery, who examined the coin, and then, clearly realising its significance, he referred it to Mark Blackburn himself. (For those to whom the name Mark Blackburn is unfamiliar, he became the Keeper of Coins and Medals at the Fitzwilliam in 1991, having already established himself as an eminent numismatist. Among his other achievements, he was President of the British Numismatic Society from 2004-8, and in 2008 he was awarded the Medal of the Royal Numismatic Society, and the Sanford Saltus Medal of the British Numismatic Society.) Mark Blackburn was delighted with the coin, despite the fact that he had published what was up till then the definitive paper

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on this mint in 1974 (as Peter Burns mentioned). Although he very much wanted to keep the “Joyce” penny (as it has become known) for the Fitzwilliam, George and Dee have decided not to sell it, but to keep it for themselves. George has given one or two talks in which he has included the finding of the Watchet/Siwerd penny, but very few audiences other than specifically numismatic ones would be able to appreciate the importance of the coin. In this context it is tempting to speculate on the significance of the find. The output of the Watchet mint in the Anglo-Saxon period was covered in the article by Peter Burns, and, as he pointed out, it was, relatively, very small. The Watchet mint first struck coins of the “First Hand” type (circa 979-985) in the reign of Aethelraed II, and Mark Blackburn, in his 1974 paper, believed that it was set up in about 980. Thus it was probably one of the mints of convenience, which were established particularly in the old kingdom of Wessex, and mainly in Somerset and Dorset, where royal estates needed coin to pay bills like food-rents. Michael Dolley and Michael Metcalf, in their seminal work in Anglo-Saxon Coins (ed. R. H. M. Dolley, Methuen, 1961) showed that these small mints “occur so regularly throughout the country that their establishment cannot have been other than systematic”. The mints were totally integrated into the monetary policy of the government; rigid control through regular changes of type and manipulation of weight required that the population should have easy access to a mint, and small, obviously uneconomic mints were examples of “gaps” being filled so that no-one had to travel very far to change his bullion into money or to obtain new coins for old. Watchet was also almost certainly used to assist in minting the thousands of pennies required for the Danegeld, first paid by Aethelraed in 991, after the battle of Maldon, and which co-incided with the introduction of this king’s “Crux” type. Finally, it has to be said that single finds like this one almost certainly occur on a daily basis since the hobby of detecting became as popular as it is today, and since the use of modern and sophisticated detecting equipment became widespread. The annual “Coin Register” section published in the British Numismatic Journal is a witness to this, and there are certainly many more finds that are not recorded, as they are generally not reported by their possibly illicit finders, under the Portable Antiquities Scheme. Nevertheless, finds like the “Joyce” coin, where the moneyer is previously unrecorded for the mint in question, are special and are to be relished, not only by the finder, but by the whole detectorist and numismatic community. www.tokenpublishing.com

July 2011

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Insight RODERICK FAREY

SHIPWRECK COINS

HE provenance of a coin whether it is from a famous collection or from a documented hoard is important to a collector. One of the most fascinating provenances is when a coin has been retrieved from a shipwreck, often in difficult circumstances. The story of the ship, the way in which it came to grief, its discovery and the subsequent recovery of coins adds an interesting dimension to a coin in a collection. In this article a few celebrated shipwrecks and the coins from them are examined.

when found but was throttled by a woman who stole two rings off his fingers. Years later, the perpetrator is said to have made a deathbed confession of her guilt. Every man onboard the Association and the Eagle, which struck the Gunners, was lost, one man was saved from the Romney, which also perished in the region of the Gilstone Ledges and a total of 23 survived from the Firebrand. The total loss of life has been put at least 1,450. The disaster prompted the competition for a reliable method of determining longitude which was eventually won by John Harrison, who produced an accurate chronometer. Ironically, HMS Association was wrecked during both the Association and Shovell, in HMS Russell, a storm on the night of October 22/23, 1707 had survived the Great Storm in November 1703 on the Outer Ledge of the Gilstone Rock off in which around 1,400 sailors lost their lives. The wreck of the Association was found by the Isles of Scilly with the loss of all hands, including the Admiral of the Mediterranean divers from the Naval Air Command Sub-Aqua Fleet, Sir Cloudesley Shovell. The lack of Club in July 1967 and was tentatively identified by a reliable method of ascertaining longitude the finding of gold and silver coins including contributed towards a navigational error with the the gold Portuguese 4.000 reis piece bearing fleet of 21 ships concluding that it was sailing towards the date 1706. A bronze cannon was also the English Channel heading home when in fact it lifted from the seabed. Later, Roland was disastrously off course heading towards the Morris’s diving team located and lifted treacherous rocks off the Scilly Isles. In addition to three more bronze cannon, more gold and the flagship, HMS Association, three other ships were silver coins and most importantly a plate lost: HMS Eagle, HMS Romney and HMS Firebrand, and bearing the combined armorial bearings HMS Phoenix sustained so much damage that her crew of Sir Cloudesley Shovell and his wife, thus were only saved by running the ship ashore. Although confirming the identity of the wreck. the Association had foundered quickly according to Work by Roland Morris’s team raised eyewitnesses on a nearby ship, there appears to many thousands of coins from the wreck site 1697 York Mint Shilling. have been time for the admiral’s barge to have Now cleaned for better prsentation and consist of many Spanish “pieces of eight”, Portuguese gold and English silver and gold been launched with the Admiral, his stepsons, Sir dating from Charles II to William III. The commonest date for John and James Narborough, and others on board as well as the English silver coins recovered is 1696 and includes coins the Admiral’s dog. The barge seems to have come to grief and from the provincial mints established for the Great Recoinage. the bodies were cast up at Porth Hellick, a small cove on St. There have been several auctions of the recovered coins from Mary’s Island. The bodies were buried on the beach but that of 1969 to 1983. Coins from the Association are still available and the Admiral was later recovered, transported to Plymouth for having been cleaned and bearing the marks of water damage embalming and then on to the final resting place in Westminster are not prohibitively expensive. Collectors of shipwreck Abbey. There is a rumour that the Admiral was still just alive

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July 2011

Insight wreck, barely recognisable as a ship, yielded some crockery coins should always ensure that a certificate of authenticity is plates, cups and milk pots bearing the name Douro and thus obtained with the coins to identify the actual wreck. identified the wreck. A couple of days later, using the ROV, it Gold coins do not tarnish in seawater but silver coins can was estimated that over 90per cent of the treasure, including have deposits on them and can accumulate into lumps which several gold bars, was recovered. have to be carefully separated and the coins then chemically About 28,000 sovereigns and some Brazilian gold pieces cleaned. The illustration of the “crud biscuit” below shows the were recovered from the wreck and sold at auction on state of a shilling found, allegedly, in the mouth of a cannon! November 20/21, 1996, four months after the necessary year Silver coins show clear signs of cleaning and the surface and a day had elapsed for the Receiver of Wreck to release the is polished, as shown in the illustration of the 1697 William treasure. III shilling from the York mint. Such coins do not fulfil the The illustration below leftb shows a Young Head Victorian collector’s desire in terms of condition but against that must sovereign still attached to the original card from the auction. be balanced the history of the coin representing part of the Some of the large influx of sovereigns found their way back treasure on board HMS Association when it foundered on the to the Royal Mint, which subsequently marketed them in a night of October 22, 1707. special packaging. RMS Douro sank off Ushant on April 1, 1882 following a Admiral Gardner was wrecked in a gale off South collision with the Spanish liner Yrurac Bat. The Douro was built in Greenock in 1865 and was a well appointed iron Foreland on the Goodwin Sands on January 25, screw steamer fitted with two brigantine rigged 1809, together with Britannia, while on route from auxiliary masts for the Royal Mail Steam Packet London to Madras. It had been carrying anchors, Co. After an initial period working between the guns, chain and iron bars in addition to about 50 tons of copper tokens, 10 cash and 20 cash pieces, West Indies and England, in July 1869 the Douro produced at the Soho Mint in Birmingham for operated between South America and England. the East India Company to be used as currency The ship enjoyed a reputation for luxury, for native workers. reliability and speed, and accommodated 253 The Admiral Gardner was an 800 ton English passengers in 1st class, 30 passengers each in 2nd and 3rd class together with 80 officers. East Indiaman armed with 32 guns, which had been built at Limehouse in 1797. In August 1806 On her final voyage from South America, when the new East India Docks were opened at carrying gold coins, gold bars and Brazilian diamonds Blackwall, Admiral Gardner accompanied by City of in addition to large quantities of mail, she was delayed by one and a half hours departing from Lisbon and Crud biscuit. London, was part of the opening ceremony. In January 1809 Admiral Gardner left Blackwall for the journey to travelled at full speed to make up for lost time. After a Madras and after calling at Gravesend for a pilot to guide day of sailing, the Douro passed Cape Finisterre when disaster the ship through the sandbanks of the Thames Estuary, the struck at 10.45 pm. Although the light of an approaching vessel ship anchored in the Downs, in the company of another East had been identified by the Fourth Officer at a distance of two Indiaman, Britannia, waiting for a favourable wind. However miles the Chief Officer noticed the ship too late to avoid a a gale blew up and the ships were driven onto the Goodwin collision. The sharp bow of the Yrurac Bat cut into the starboard Sands. Seeing the ship about to strike, the captain, William side of the Douro and after rebounding hit again, causing a Eastfield, ordered the main and mizzen masts to be cut, a second gash. The passengers were assembled on deck and put measure adopted to lessen the chance of the ship capsizing. into the lifeboats adhering to the naval tradition of women and The crew remained onboard until rescued by a party of brave children first. The survivors were later rescued by the steamer men from Deal. By the time of the rescue the ship was full of Hidalgo and were taken to La Coruna. The Douro sank in about water to the upper deck and only one man was lost from a crew 30 minutes and took the captain and six senior crew to the of 168 men. bottom. The Yrurac Bat also sank and a total of 59 passengers After finding tokens in sand dredged for the construction and crew from both vessels were lost. of Dover Hoverport in 1976, the site of the wreck was finally In 1991 the researcher Nigel Pickford introduced Sverker discovered in 1983 by divers investigating a fisherman’s Hallstrom to the wreck of the Douro and after some detective snagged nets. At first the wreck was thought to be that of the work and the help of local fishermen the search area was Britannia, which had been carrying silver East India tokens. narrowed. Wrecks littered the area and were located using When salvage operations began in 1984 copper tokens were sonar and a remotely operated vehicle, or ROV. Eventually a

Admiral Gardner 20 cash token.

Douro Sovereign.

July 2011

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Nuestra Senora de Atocha piece of eight.

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Insight discovered, identifying the wreck as being the Admiral Gardner rather than Britannia, and eventually over one million tokens were recovered. The remarkable state of preservation of many of the pieces is a tribute to the careful way in which they were packed in rolls in sealed barrels when dispatched from the Soho Mint. Some of the barrels survived. Concerns over damage to the site by uncontrolled salvage produced a request for it to be a designated wreck which finally occurred in 1989 when the 3 mile territorial limit previously in force was extended to 12 miles. The tokens consist of the 10 and 20 cash pieces, each bearing on the obverse the design of a shield of arms supported by two lions rampant guardant with the legend EAST INDIA COMPANY and the date 1808 below and on the reverse the value in Roman numerals with CASH in English together with Persian script for “twenty cash makes four falũs”. Being of copper, rather than silver or gold, these pieces are relatively inexpensive and a few years ago, the Royal Mint issued a specially packaged set which included a brief description of the wreck of the Replica coin made from Admiral Gardner. Atocha silver, with Nuestra Señora de Atocha was the certiﬁcate. almiranta (the ship sailing last to protect the slower merchant vessels) of the Spanish treasure fleet taking gold, silver, jewels and other goods from Portobello, Cartagena and Havana to Spain when wrecked off the Florida Keys by a hurricane on September 6, 1622. The Tierra Firme (Mainland) fleet, including the 550 ton Nuestra Señora de Atocha, which had been built in Havana in 1620 and armed with 20 bronze cannon, left Spain on March 23, 1622 and arrived at Portobello in Panama on May 24. Outward bound cargo was unloaded and after delays in loading over 100,000 silver coins and over 1,000 silver bars the ships left for Cartagena in Columbia to pick up gold and some more silver and the fleet finally sailed for Cuba on August 3. Poor sailing conditions delayed the arrival in Havana until August 22 and copper slabs, tobacco and bales of indigo were added to the cargo. The fleet, split into two parts with much of the treasure divided between the Santa Margarita and the Atocha, set sail at last on September 4, six weeks late and dangerously close to the hurricane season. On September 5 the fleet was caught in a fierce hurricane and during the night the wind changed blowing 21 vessels beyond the reefs of the Straits of Florida. At least four other ships, including Santa Margarita and the Atocha were swept into the Keys. The Atocha hit a reef and sank almost immediately in 55 feet of water leaving just the stump of the mizzen mast with two crew and three slaves clinging to it above the waves and the remaining 260 people on board drowned below. The fortunate survivors were rescued the next morning. Santa Margarita grounded on a reef and broke up. Twenty ships from the fleet went back to Havana and salvage operations began. The Atocha was located but was too deep for divers to be able to break into the hold. Just two small swivel guns were recovered. The wreck of the Nuestra Señora del Rosario was found together with a group of survivors and after burning the hull to the waterline, the cargo of bullion and copper as well as the cannon was recovered. A second hurricane struck and the next salvage expedition could find no sign of the Atocha. With the aid of a diving bell, the Santa Margarita was discovered in June 1626 and over a period of a few years, more than 380 silver bars and 67,000 silver coins were salvaged. Attempts to find the Atocha, which had been broken up by the second hurricane, ended in failure.

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Mel Fisher, a charismatic treasure hunter, who had previously owned a dive shop in California, joined a group called Real 8, lead by Kip Wagner, searching for the treasure of the 1715 fleet. Motivated by the experience, Mel set about forming a group of friends and investors under the name Treasure Salvors Inc., interested in locating the wrecks of the Atocha and Santa Margarita from the fated 1622 fleet. A friend, Fay Field, had been working on a proton magnetometer for detecting ferrous metal on the sea bed. A device called a mailbox was developed which forced clear water down a metal chute using the thrust of the search ship’s propellers enabling divers to see more clearly and also having the advantage of removing sand and sediment to reveal hidden artefacts. Mel initiated a methodical search of the chosen area and anomalies noted by the magnetometer readings were investigated by divers. A key piece of information in locating the area of the wreck was provided by Eugene Lyon who discovered clues in documents held at the Archive of the Indies, an impressive square stone building next to the magnificent cathedral in Seville, Spain. When translated from the difficult flowing script, called procesal, the site was called the Marquesa Keys approximately 25 miles west of Key West, rather than the modern Matecumbe Keys, an area about 100 miles away, where other treasure hunters were searching. He also discovered that the relative positions of the wreck sites of the Atocha and Santa Margarita had been mistaken in previous translations. In June 1971, nineteen blackened silver coins were recovered and the date 1619 was clear, pointing to an origin in the 1622 fleet. In December 1971 data from Seville revealed the manifest for the Atocha, including 901 silver ingots, over 250,000 pieces of eight and 161 gold pieces. This was important because ingots carried serial numbers and weights and the discovery of bars corresponding to records in the manifest could be used to positively identify the wreck. Searching continued and in May 1973 a pocket of coins, dubbed “the Bank of Spain” was discovered and later three silver bars were recovered. The serial number of one of the bars, 4584, and even the weight was found to correspond to one listed on the manifest. A silver bar had been identified but the hull from which it came was still missing. In the middle of July 1975 nine bronze cannon were found and when one was recovered, its serial number, 3110, identified it as coming from the Atocha. The search was not without its human cost, when on July 20, 1975, the salvage tug Northwind capsized and Mel’s eldest son, Dirk, his daughter in law, Angel, and another crew member were drowned. Searching for the main part of the treasure, the so called “motherlode” continued, interrupted briefly in 1980 when Mel Fisher decided to recover the remaining treasure from the Santa Margarita. The Atocha’s treasure had been spread over a considerable area when it broke up but following a trail for what seemed an improbable distance, at Mel’s direction, divers Andy Matroci and Greg Wareham came across a mound of silver bars, coins and even ship’s timbers. The motherlode had been found at last on July 20, 1985 and Mel’s favourite saying “Today’s the day!” at long last came true. Following much legal wrangling with the State of Florida, much of the treasure from the Atocha was included in an auction held in New York on June 14/15, 1988. It is believed that the sterncastle section of the wreck, containing yet more treasure, is waiting to be discovered. The coin illustrated on the previous page is an eight reales piece of Philip III from the Potosi Mint clearly showing the effects of its submergence in the sea for over 350 years. Coins in better condition exist but tend to be expensive. A cheaper alternative is a replica coin (pictured above), made from silver obtained from one of the recovered bars, mostly mounted as jewellery. A certificate with each piece identifies the actual ingot from which the silver was obtained. www.tokenpublishing.com

July 2011

Insight An interesting visit for anyone going to Key West in Florida is the Mel Fisher Maritime Museum in Greene Street. Here can be seen a collection of some of the silver bars, coins, jewellery and plate recovered from the wreck. It is possible to put a hand into a plastic structure and actually lift a small gold bar, which is surprisingly heavy for its size, but, be warned, it is not possible to remove the gold bar. SS Central America foundered in a storm on September 12, 1857 off Cape Hatteras and a fortune in gold coins, bars and dust, originally from the California goldfields, was recovered by remote control from a depth of 8,000 feet. The preferred route to the East Coast for those returning having made their fortunes in the goldrush, was by steamer from San Francisco to Panama, then overland and the final leg by steamer from the tiny port of Aspinwall to New York, with an overnight stop in Havana, Cuba. The Central America was a paddle wheeler with masts, originally built as the George Law in 1853. It set off from Havana on September 8, 1857 with a total of 592 passengers and crew under the command of Captain William Herndon, who had achieved some earlier celebrity as an explorer of the Amazon, and carried about one and a half million dollars in gold in addition to what the passengers were carrying in their personal baggage. One and a half days after leaving Havana the weather changed and as it worsened many passengers were affected with seasickness as the vessel pitched and rolled. A leak occurred in the hull and the ship developed a list making it difficult to transfer coal to the boilers. With fewer passengers requiring food, the Captain diverted waiting staff to form a chain gang to pass buckets of coal to the boilers in order to attempt to maintain the steam pressure to power the paddlewheels and also the pumps. The water rose in the hull and before long the fires were extinguished and the chain gang, augmented by male passengers, commenced bailing the water out. An attempt was made to hoist sails but they were quickly shredded by the powerful winds. A passing vessel which had itself been damaged by the storm stood by to receive women and children who had, with difficulty, got into lifeboats which made the hazardous journey to the waiting ship which started to drift away. On the Central America, doors and anything capable of floating was got ready for the imminent sinking. Captain Herndon changed into his best uniform and stood on what remained of the bridge resigned to going down with his ship. A massive wave swept over the ship and it was gone leaving over 500 men to their fate in the water. Hours later the barque Ellen was in the vicinity of the sinking and a total of 49 exhausted survivors were rescued and carried to Norfolk, Virginia, where some wives were reunited with their husbands. The total number of survivors came to just 149. Beginning in 1983, a marine engineer named Tommy Thompson began researching the possibility of locating the wreck and recovering its precious cargo, in the process developing new techniques for working at such a depth. In a meticulous approach, the surviving records of the disaster were analysed in order to pinpoint the most probable location of the wreck. With funding from investors called the Columbus America Discovery Group, a painstaking sonar search of the area commenced and, after two false starts, the wreck was discovered on September 11, 1988. The wreck with its paddlewheels still standing upright on the sea bed was surveyed and photographed in detail by a sophisticated, specially designed ROV while samples of sediment were also taken. Analysis of the recovered sediment showed the presence of gold dust, released when the ship sank. The ship’s bell was recovered, with the date letters 5 and 3 still visible and showing it to be from the Morgan Iron Works New York which supplied the fittings for the SS George Law in 1853. Photographs showed piles of gold bars and piles of gold coins covering a large area. Careful manipulation of the remote control camera enabled an individual coin to be examined in detail and it was found to be a 20 dollar piece struck at the San Francisco Mint in 1857. More of these coins in shiny mint condition carpeted a pocket 30 feet July 2011

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across. Individual coins were recovered, with the moment of recovery being photographed, but the process was slow. Over the next few years, artefacts including suitcases were recovered with the contents which had been packed so carefully in 1857 still in a remarkable state of preservation. In order to speed up the collection of the piles of coins a new technique was developed which involved positioning an upturned box over the coins and filling the box with a quick setting silicone which trapped the coins in their original piles: when the silicone had set the box was lifted and placed in a drawer on the ROV, ready to come back to the surface once more. This technique ensured that the coins were not damaged in any way as the silicone simply peeled away from the surface. The coins recovered consisted of 20 dollar double eagles and some ten dollar eagles, including the finest known, five dollar half eagles and two and a half dollar quarter eagles, all from the San Francisco Mint. Other rare coins came from small private mints introduced to try to replace the payment by a “pinch” of gold dust. Hundreds of gold bars were recovered, their rarity being due to most such bars having been melted down during the American Civil War. The bars from the Central America ranged from five ounces to over 900 ounces and each was marked with the assayer’s seal, the fineness in parts of a thousand, a serial number, the weight in ounces and its 1857 value in dollars. A small cut at a corner of each bar indicated where the assayer had taken a sample for analysis and retained as a fee. A series of legal battles followed in order to determine the ownership of the treasure and finally the Columbia America Discovery Group was awarded 90 per cent of the value and 10 per cent to the insurers who had paid out after the disaster. In 2000, after eighteen months of negotiations, the California Gold Group acquired approximately one hundred million dollars worth of coins and ingots recovered from the Central America.

Mel Fisher maritime museum in Key West.

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In focus In the first of four articles, EDWARD COLGAN takes up the history of Ireland and the Euro, in the sequel to his acclaimed history of Ireland’s coinage— For Want of Good Money*.

Spirit of

Change— Ireland and the Euro

2002–10

Part One: Farewell to a Lady

N February 9, 2002 a picture of a woman with her hand resting on a harp was handed over to the National Gallery of Ireland. This simple ceremony marked the passing of Ireland’s distinctive national currency—the punt—and with it bringing to an end an 80-year-old history which had began in the early years of Irish independence. National currencies have come and gone over centuries with the fall of dynasties, revolution, war and economic crashes— but rarely has a nation-state given up its national currency voluntarily. Across Europe other ceremonies were taking place to mark the passing of other currencies, some much older than Ireland’s punt: the French franc, the Spanish peseta, the Dutch guilder, the Portuguese escudo, the Greek drachma, the Italian lire. In all, 12 European states and three mini-nations: Monaco, San Marino and the Vatican City, came together to adopt a common currency. In June 1990 the then Finance Minister, Albert Reynolds, had spoken of a day when “a Euronote and Euro coinage will be legal tender everywhere from Tory Island to Rhodes”. That day arrived on January 1, 2002 when Ireland, along with the other Euro-zone states, introduced the new Euro notes and coins into circulation. For the first time since the Roman Empire most of Europe was using one single currency. The portrait of the woman with her harp, against a backdrop of Connemara mountains, known almost universally as “Lady Lavery” had been painted by the Belfast-born Sir John Lavery and had been commissioned by the Central Bank for its first series of Free State Bank notes in 1928. For almost 80 years the painting had hung in the Board Room of the Central Bank of Ireland. The model for the portrait was Hazel Lavery, the wife of the artist. This iconic Irish image had graced Irish banknotes from the 1920s to the 1970s and when “retired” from this duty had continued to feature as a watermark on later bank note issues of the Central Bank from the 1970s through to 2002. The date of February 9 was to mark the culmination of a major strategic and logistical exercise across the 12 Eurozone countries. The Governor of the Central Bank of Ireland, Maurice O’Connell, described it as “the ﬁnal step in a succession of great changes”. He continued “Going right back to the mid 1990s, we

had to prepare for and implement Economic and Monetary Union. A year ago, the main concern was to meet our unprecedented euro production and distribution targets in good time. I can now admit to great relief that it all came off more smoothly than we could have imagined”. The legal basis for Ireland’s adoption of the euro had been set out some four years earlier in the Economic and Monetary Union Act of 1998 which set out the provisions for the introduction of the euro. The euro was to become the official currency of Ireland on January 1, 1999, although it was another three years before euro bank notes and coins would be introduced. Section 11 of the new Act allowed for the issuing of euro coins and the repeal of the Decimal Currency Act, 1969, which authorised the withdrawal of legal tender status for Irish pound notes and coins. Section 31 of the Act was to allow the Irish Finance Minister “to provide coins of a commemorative nature, and to issue and put on sale to the public such coins through the Central Bank of Ireland”. A special Government agency, the Euro Changeover Board, was established on May 5, 1998, to oversee the introduction of the euro. On July 11, 2001, the Irish Minister of Finance issued Statutory Instrument (SI) No. 422—Irish Pound Coinage (Calling In) Order. This order called for the “calling in” of all Irish coins issued under the Decimal Currency Acts of 1969 and 1990. The order was to come into operation on February 10, 2002. On the same day, the Minister of Finance also issued SI No. 312—Economic and Monetary Union Act 1998 (Design of Coins) Order 2001, which set out the design of the new euro coins and the denominations of the new coins. The coins were described as follows: “A coin shall have for the obverse impression a harp and twelve stars with the inscription ‘Eire’ and the year in respect of which it is struck and the reverse impression shall be as speciﬁed in the schedule to this Order”. The schedule of the Order set out in detail the different designs by Luc Luycx of the Royal Belgian Mint for the 1 cent, 2 cent and 5 cent, for the 10 cent, 20 cent and 50 cent and for the 1 and 2 euro. A final Statutory Order on the same day SI No 313—Irish Pound Notes and Coins (Cessation of Legal Tender Status)

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In focus Order 2001 confirmed the appointment of February 9, 2002 as the early operative date for the ending of Irish bank notes and coins as legal tender. On July 26, 2001 Statutory Instrument 311 was revoked and a new Statutory Instrument SI 347 introduced restating the technical details relating to the design of the new euro coins but this time incorporating the reverse design into the main body of the text of the Statutory Instrument. One particular anomaly of this legislation was that it also “called in” the 1966 ten shillings coins issued to mark the 50th anniversary of the Easter Rising. Despite legislation to introduce decimal coins it seems that these coins, the last of the old £sd system had remained technically legal tender for almost 40 years. Ireland’s euro coins were to feature an Irish harp on the obverse. Ireland was one of only two of the original Eurozone countries to use the same obverse design on all of its coins. The obverse design featured a slightly modified or re-designed harp by Jarlath Hayes. The reverse designs of Ireland’s euro coins were common to the rest of the Eurozone and featured Luc Luycx’s winning designs. Some of the other Eurozone countries were to have an engraved inscription around the milled edge of the 2 euro coin—in the case of Ireland the edge inscription reads “2 ** 2 **” repeated three times. Production of Ireland’s euro coins started at the Central Bank of Ireland’s Currency Centre at Sandyford, Co Dublin, on September 13, 1999, commencing with the production of 1 euro-cent coins. In total it was anticipated that some 950 million coins would be required by January 1, 2002, to meet Ireland’s coinage needs. This figure was to be revised upwards in early 2001 with a new launch target of 1,078 million coins. A contingency stock of a further 35 million coins was to be procured from another EU mint. The Royal Mint was accredited by the European Central Bank to produce both 2 euro and 1 euro blanks for Eurozone countries and was to export over 4,000 tonnes of coin blanks to nine Eurozone countries including Australia, Finland, France, Germany, Holland, Ireland, Italy, Portugal and Spain. In addition, it coined small volumes of euro coins for two of the above countries. The production of Ireland’s euro coinage was a major challenge. The Central Bank invested £IR35 million in new coining and note production equipment; additional staff were recruited and double-shift systems introduced. At the height of its operations Sandyford was producing 850 euro-coins a minute! Other mints were also to produce euro coins for Ireland including the Dutch Royal Mint in the Netherlands and the Royal Mint. Members of the Irish Numismatic Society visiting

the Royal Mint in March 2001 were able to view Irish euro coins being struck for issue in 2002 (Numismatic Society of Ireland Bulletin 29). At the time of the introduction of the euro it was estimated that there was £200 million worth of Irish decimal coins in circulation in Ireland, with £28 million of these coins—almost 550 million coins, mainly one and two pence coins hoarded in glass bottles, jam jars and piggy banks! The Central Bank faced a major challenge but within ten days from January 1, 2002 the amount of euros circulating had passed the amount of Irish pounds. The Central Bank over the six weeks from January 1, 2002 to February 9, 2002 was to issue 142 million euro bank notes and 1,011 million euro coins with a total value of €3,397 million. By changeover date on February 9, 2002 about 78 per cent of cash circulating in Ireland consisted of euro bank notes and euro coins. The changeover was to continue at a rapid pace. Whilst Irish banknotes and coins were to continue to be accepted in shops, banks and post offices in exchange for euro bank notes and coins until February 28, 2002, Ireland’s transition to the euro was almost complete. The returned bank notes were to be shredded, packed into blocks and used as landfill, and the returned coins melted down. In March 2002, it was announced that Elmet, a Spanish based smelting company based in Bilbao had won the contract to melt down Ireland’s old decimal coins along with the old Spanish pesetas. It was reported that by May 2002 Elmet had melted down some 6,600 tonnes of Irish coins with some of the metal going to make British coins at the Royal Mint. The Central Bank had further challenges, with Ireland’s relative geographical isolation from the rest of the mainland Eurozone, it was required to produce more euro coins per head of population than the rest of the Eurozone. The average across the Eurozone was 165 coins per head of population whilst in Ireland it was to be 268 coins per person. The general public were first able to get their hands on the new Irish euro coins on December 14, 2001 when a million “citizen starter packs” consisting of 19 coins valued at €6.35 went on sale for £IR 5.00 at Post Offices and banks in preparation for E-Day on January 1, 2002. The Central Bank and Financial Services Authority of Ireland also marked the introduction of the euro with issuing its first Uncirculated Irish euro coin set which featured the Central Bank’s headquarters building and plaza in Dame Street, Dublin on the cover of the folder. Some 20,000 Uncirculated Coin Sets were to be issued. Such was to be the demand for these scarce

“ . . . The production of Ireland’s Euro coinage was a major challenge . . . ”

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In focus sets, that the sets sold out within three months of issue and within two years, counterfeit copies of the sets were on sale. Alongside the Central Bank of Ireland, the Royal Dutch Mint were also authorised by the Central Bank to produce an official Uncirculated Irish euro set featuring the Central Bank logo with an issue limit of 5,000. The Luxembourg Central Bank were also to issue an official set running to 20,000. Towards the end of 2002 (November 20, 2002), the Central Bank launched its second Uncirculated coin set for 2003. The theme for the “cover” of this coin set was the 18th century neoclassical Casino in Marino, Dublin. The casino meaning “small house” with its 16 rooms, dating from 1759, is considered one of the finest neo-classical buildings in Europe. The issuing of this cover marked a partnership between the Central Bank and Dúchas, the Irish Heritage service, which saw a series of covers from 2003 to 2010 featuring major Irish heritage sites. The issue limit of the 2003 set was 30,000. Alongside these sets, the Central Bank had plans to produce 450 million coins for issue in 2003. The year 2003 saw Ireland host the “Special” Olympics for people with special needs and learning disabilities. It was the first time that the Games had been held outside the United States and saw 158 teams from around the World, some 7,000 athletes, converge on Croke Park in Dublin on June 21, 2003. It was to be the largest sporting event ever held in Ireland. Cities, towns and villages across Ireland acted as hosts to the visiting teams. The Games required funding and sponsorship and it was the Commercial Bank of Ireland, one of the principal sponsors of the Games, mindful of the large amount of old decimal coins

still hoarded away in people’s homes, that launched their “Spirit of Change” campaign which encouraged the donation of old Irish decimal coins to the Special Olympics fund-raising efforts. On April 15, 2003, the Central Bank of Ireland issued its first commemorative euro coins. They consisted of a 5 euro coin and a 10 euro coin. The Brilliant Uncirculated cupro-nickel 5 euro coin (about the size of an old two-shillings or florin) was a “first” for Ireland in that it was Ireland’s first “coloured” coin. The obverse featured the harp within a border of 12 stars and “EIRE” and the date “2003”. The reverse featured the special Olympics logo “the Power of 7” with two stylized figures coloured green and red with the value “5 Euro” and legend “SPECIAL OLYMPICS WORLD GAMES IRELAND 2003” at the base of the reverse. The reverse design was by V. McCallion and Tricia Holbrook at the Central Bank of Ireland and was based on the 2003 Special Olympics logo. Some 60,000 of these coins were struck by the Mayer Mint in Germany of which 35,000 were included in a special 2003 year set to commemorate the Games. The crown-sized silver proof 10 euro coin essentially followed the same design as the 5 euro coin but with the harp on the obverse and the logo on the reverse picked out in gold detail. The coin was also struck at the Mayer Mint and there was a worldwide issue limit of 30,000. Alongside the two special commemorative coins a commemorative year set incorporating the eight circulating 2003 Irish euro coins and the cupro-nickel 5 euro coin was also issued.

To be continued next month

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Out & about JIM GRANT

A Source of Pride

The Bibliotheque National de France Collection

HE numismatic collection of the Bibliotheque National de France (BNF) consists of “ancients” (Greek, Gaul and Roman) and “modern” (France from the Merovingians) and is held in the Department of Coins, Medals and Antiques located at 58 Rue de Richelieu, Paris. Here a small, but impressive selection of its 530,000 coins and 30,000 medallions are on display. The coins are divided into four specialised groups with one of medallions. The Department has twenty dedicated experts to manage all its collections on the site.

The BNF had it origins in the collections of three Mediaeval French kings, namely Philippe-Augustus (1180–1223), Jean le Bon (1350–64) and Charles V (1364–80). By the reign of Louis XIV (1643–1715) the collection was called the Cabinet du Roi and it was not always housed in Paris until it was transferred to the Bibliotheque du Roi but it was added to regularly by donations from major collectors. The Greek coin collection received a considerable boost in 1776 when the Custodian of the Cabinet purchased the coins which Joseph Pelerin had taken a lifetime to collect. His collection, at that time, was regarded as the most valuable one ever put together by a private collector. The coins of Gaul received a similar boost in 1862 when an extensive collection of these coins was donated by M. De Luynes. As you enter the building turn right and you will find yourself in the first hall, filled mostly with antiques, which are simply superb. The numismatic display begins with several groups of coins from Massalia (Marseilles) comprising three heavy drachma struck between 390 and 220 BC and some obols from the same period. These are followed by six small bronze pieces from 525–480 BC, obols (480–390 BC), two large bronze coins (220–211 BC) and finally two “light series”drachma from 220–49 BC. Massalia was founded around 600 BC and subsidiary colonies were established further inland and along the coast. However, relations between the Greek and the local Celtic (Gauls to the Romans) tribes were always difficult and over a period of 400 years fighting between the two groups was not uncommon. The other coins in this case were all struck by Celtic tribes, including the Volcae Arecomici (who lived in what is now the Languedoc), Ruteni (Rodez), Samnagenses (near

Marseilles) whose coins usually carried Apollo’s head and a Greek inscription, the Virodumi, and seven staters from the Aquitani (Bordeaux). Namnetes, present day Nimes, is strongly represented by 14 coins, including one with two separate heads facing away from each other and another with a crocodile, and the word COLNE at the base of a palm tree. The crocodile and palm tree are still used as the city’s emblem. Relating more to Celtic coins in general rather than the BNF is a hoard of 58 staters and 487 quarter staters found at Laniscat, in Brittany, which is believed to have been buried around the middle of the 1st century BC. Most of these coins have a male head on one side and a horse on the other, which was a common Celtic pattern. However, other types have a horse with a man’s head, on the obverse, with a wild boar on the reverse. Examples of some of these types of coins are on display in the museum. The next section covers the coins issued by the tribes in east and central Gaul. These include imitation staters bearing the image of Philip II of Macedon as well as five staters including one struck in the name of Vercingetorix. The Orangi tribe are represented by a gold stater and seven bronze pieces, two of which have a running dog on the reverse. Another group of silver and bronze coins on show were struck by the Veneti (Vannes). These are followed by the Lingones (Langres) and Sequani (Besancon), the latter represented by ten coins with horses or heads of horses on the reverses, one of which is identical with the upright horse seen on Punic coins. Other tribes include the Ambiani (Amiens) from Belgian Gaul, represented by two gold and two bronze pieces, while the Remi (Rheims) are represented by three gold staters with skeletal figures on the reverses. Examples of coins also come from the Atrebates, Ambiari, Veliocassi, Suessiones, Meldi, Aduie and Treveri. The latter’s coins are easily identifiable by their V shaped patterns. Next

This As was struck in Rome circa 225 to 220 BC. It weighs 263.28 grams.

A selection of coins struck by the Celtic tribe which inhabited the area now known as the Auvergne.

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A gold multiple struck by the Roman Emperor Valentinianus II in Aquilia between 378 and 383 AD. It weighs 39.80 grams.

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Out & about The 13th century seal of the city of Dijon.

A standard display case with the Roman coins.

Part of the museum’s coin map showing the tribal areas and some of the coins struck in each area.

Early signs of Roman influence appear in 30 large and small came the Mediomatrici (Metz), Senones (Sens) whose coins coins from Lugdunum (Lyons) with Janus style heads and a have a head on the obverse and a horse or a bird on the reverse, ship’s prow on the reverse. Carnutes, which contributed pieces with horses or eagles on the There are 121 coins in the Roman display ranging from reverses, and the Pictones (Poitiers). The west Gaul region is Aes Signatum of the 3rd century BC to a solidus struck by the represented by coins from four tribes including the Petrocorii Byzantine Emperor Zeno between AD 476 and 491. There is (Perigueux), Lemovices (Limoge), Veneti (region of Vannes) and a fine set of Aes Grave—as, semis, triens, quadrans, sextans, the Turones (Tours)—all of their coins are to be found either on unica and dupondius which are part of a series of nine bronze the coin maps or in the standard cases. pieces dated between 225 and 220 BC, and six silver ones from A gold stater struck by the Parisii tribe between 100 and 50 BC between 280 and 214 BC. It is surprising just how many good which is on display has a very strange horse and two tiny figures quality early Roman heavy weight bronze pieces can be found beneath this—almost a parody of the wolf and Romulus and in European museums. Remus—with a couple of archways, and possibly a decorated These are followed by a fair number of as, denarii and aureii roof behind this. Interestingly most of the coins used by the northern tribes were struck in gold. issued by rulers such as C. Maianius (153 BC), L. Rubrius On the upper floor there are four cases, each Dossenus (87 BC), A. Manlius (80 BC) and Q. Pomponius containing between 120 and 200 coins. The first Musa (66 BC), all of which were struck in Rome. Next are coins from the time of Julius Caesar when coins were those struck by the Greeks in the east, struck by a number of interesting people, dating secondly the Roman era, both Republican from 44 to 36 BC, began to appear. For example the and Imperial, thirdly France from the display includes denarii from Rome struck by Merovingian times to the present. The latter L. Aemilius Buca (44 BC) and another from is subdivided into those from the 8th century Sicily struck by Q. Nasidius (44/43 through to the French Revolution, including BC). Among the aureii are examples the Feudal era when coins were struck and struck in Greece for M. Brutus Imp circulated by powerful dukedoms as well as (43/42 BC), two examples from the king. Finally there are the coins struck since Rome for Lepidus (42 BC), one the 1789 Revolution. from Sicily for Octavian (41 BC), In the first part of the Greek section many one from a mobile mint struck for fine pieces are held in the collection. The first Mark Anthony (41 BC) and another is a silver 27mm stater struck in Naxos (now for Sextus Pompius (AD 37/36). The Giardini Naxos) in Sicily, between 461 and denarii each weigh around 4 grams and 430 BC which has a lovely Dionysus’ while the aureii are just over 8 grams. head filling most of the field, surrounded by The Roman Empire is represented by a ring of dots around the edge of the coin. some 60 coins covering the full range of Imperial Dionysus has a strong face and is wearing a coins from Augustus to Romulus Augustus struck in wreath on his head and this, like many of the mobile mints, and from Alexandria, Arles, Arelatum, coins on show, look like it has just come out Aquileia, Cordoba, Lyon, Milan, Nicodomia, Nimes, of the dies. Amongst the other superior Greek Pergamum, Ravenna, Rome, Siscia, coins is a 22mm gold stater with a Ticinum, Trier and of course a number highly detailed head of Pan struck in From top: a beautifully struck gold medallion of from the inevitable unidentified Panticapee, a city I have been unable Ludovico (Louis) XIV); Joanna and Charles of mints. This section finishes up to identify, between 325 and 300 BC. Aragon (the inscription around the coin reads IOANA+ET+KAROLUS+REGES+ARAGONUM with five coins struck by Byzantine The rest of the Greek collection +TRVNFATORES+ET+KATOLICIS); a gold medallion Emperors between AD 383 and 491. coins under the general heading of celebrating the expulsion of the English from France, with The medallions in the museum the “Coins of the Hellenistic World to the exception of Calais, struck around 1451 to 1455. range from two pieces struck during the fall of the Persian Empire” totals the reign of the Holy Roman Emperor 113 pieces beginning with a crude Charles V, to examples from the coin from the earliest period, between Renaissance as well as pieces struck for Francis I. 650 and 600 BC. This is followed by gold and silver pieces from While “French” coins begin with the Kingdom of the Franks Creosus to Alexander, including sections on the vassal states of this was of Teutonic origin and France as we know it today the Persian Empire, archaic and classic coins of the Aegean and really began with King Hugh Capet in the 980s. Peloponnese as well as Athens from the 6th to 3rd centuries BC. Near East Hellenistic colonies and Greek provincial cities are As the production of coins at this time was in the hands also represented. of a variety of producers they suffered from a lack of quality As an introduction to the Roman collection there is a very fine control until Louis IX set a standard weight and size and aureus of Galienus struck between AD 260 and 269, and while enforced this on the producers. By the 16th century French not quite so exotic as the other coins it is still a beautiful piece. coins were showing all the features we now expect, but this

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Out & about

A nicely struck Roman coin showing both sides of Julius Caesarâ&#x20AC;&#x2122;s face.

Four imitation gold staters struck in the style of Philip II of Macedon.

was temporarily interrupted by the French Revolution in 1789 when the copper coins of the revolutionaries, which carried a considerable variety of revolutionary symbols, reverted to a poorer quality product. A number of outstanding coins from this period can be seen. One particularly fine coin in the collection is what is commonly called a â&#x20AC;&#x153;mouton dâ&#x20AC;&#x2122;orâ&#x20AC;?â&#x20AC;&#x201D;a gold sheep, which is actually a representation of the Lamb of Godâ&#x20AC;&#x201D;struck in France by King Jean le Bon (1350 to 1364). The lamb wears a halo and is holding a standard. This coin is a great improvement on the generally poor quality silver and base metal coins which preceded it. King Jean was captured at the Battle of Poitiers and died in captivity in London on April 8, 1364 before his ransom could be paid. A very nice non numismatic piece on display is the 13th century civic seal for the city of Dijon. The city had received its charter as a commune in 1181 and this was reconfirmed six

years later by King Philippe Augustus. On the seal the Mayor can be seen sitting on a horse in the centre and the various heads which appear around the edge of the seal are those of the ruling councilâ&#x20AC;&#x201D;each face is different. While the French coins displayed in the BNF are unequalled anywhere, the Monnaie de Paris is also well worth a visit. As described in last monthâ&#x20AC;&#x2122;s â&#x20AC;&#x153;Out & aboutâ&#x20AC;?, it has a more extensive range of specifically French coins on display as well as different display techniques. Sources www.bnf.fr. A visit to the museum. Museum publication â&#x20AC;&#x153;La monnaie et Lâ&#x20AC;&#x2122;Etatâ&#x20AC;?. Images courtesy of the author.

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Tokens

MERVYN BROWN

The dividend token issues of the ÁFÉSZ stores in

HUNGARY

UrinG the 1970s and 1980s a chain of Hungarian supermarkets, ÁFéSz, introduced a new type of token to Hungary, the Dividend token. although the company at that time had hundreds of stores across the country, only a relatively small number decided to participate in the scheme. These issues represent one of the largest series of tokens ever produced and used in Hungary. There is, of course, a direct parallel with the dividend token issues of the British Co-operative Societies which were issued in large numbers from the 1850s. However, by 1970 the UK Co-ops were issuing Dividend Stamps—the blue ones which were, by 1969, in competition with the savings stamps issued by the Green Shield and S&H Pink stamp schemes which had been introduced by Tesco and Fine Fare respectively some years before. A number of articles on these ÁFÉSZ tokens have appeared in Hungarian numismatic journals since the 1980s and so, from literature and my own investigations whilst collecting and speaking with other enthusiasts, I able to record how extensive these issues were. On balance, considering that modern Hungary is a compact country, I assume the likelihood of discovering further issuing stores is low, however, due to

A Co-op “Dividend Stamp” card and the reverse common to most of the ÁFÉSZ tokens.

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the small number of collectors in this field, I would not be surprised if additional values, colour shades or varieties of those listed remain to be discovered. The principle of their use was the same as for the British Co-operative Societies. A customer would receive tokens to the value of the forints spent. Tokens would be saved by the customer throughout the year and then cashed-in on the basis of a percentage calculated from the annual dividend which was determined by the company at the end of each business year. Typically 1 per cent would be earned, so a token with a marked value of 100 would yield 1 forint. Each store issued its own series of dividend tokens, arranged their manufacture, and annual exchange for the dividend payment. All tokens were made of plastic, mainly, but not exclusively, from hard polystyrene. There was no attempt to standardise the colours of each denomination so, depending on the issuing store, a token marked 50 for example can be found in grey, black, green or brown plastic. The following information comes from many published sources, personal acquisitions and correspondence with other collectors. I have organised the data on a store-by-store basis and introduced the town in question, since the issuing stores were not confined to the major towns and cities of Hungary. These interesting tokens, with a few exceptions share a common design. They are all approximately 30mm in diameter but vary somewhat in weight. The obverse (előlap) has the value displayed centrally with the word ÁFÉSZ above and the town name below the value. The reverse (hátlap) displays the ÁFÉSZ Co-operative logo centrally with a five-pointed star on top of a tower and a half cogwheel to the left and a half wheat stalk to the right of the tower. Around the outside of this logo the text reads ‘SZÖVETKEZÉSBEN AZ ERŐ’ (The Power is within Cooperation) together with a five-pointed star at the bottom. Note that the above standard elements apply to all issues except those from Veszprém and Zirc. Where additional information is available I have included this under the eight separate sections which follow, one for each ÁFÉSZ store.

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Tokens

Békés ÁFéSz The store issued the following range of plastic dividend tokens: Value Colour

10 White

20 Yellow

Number issued 100,000 50,000

50 100 Pale blue Red Cobalt blue Mauve

200 Greenish yellow

500 Turquoise Slate blue

20,000

5,000

2,000

10,000

There were two distinct colour issues for the 50 and 500 values. These issues were used over a very short period so small numbers were produced. Basically the total production of each token had a value of 1 million forints. Interestingly the article1 mentions the reported existence of a most unusual value—30 forints. However, to date none have been found, so it is safe to assume this token was not issued. csanádpalota ÁFéSz The store issued the following range of plastic dividend tokens.

Value Colour

20 Black

100 Blue

500 Yellow Yellow*

1000 Red*

Number issued

50 Slate grey Pale grey

60,700

66,100

61,100

50,000

The initial issues of 5 values date from January 1, 1973 and another issue of two values* was made on August 1, 1979. The later issues were uniface with a blank reverse apart from a small mark, described as a claw. The issue of these dividend tokens ceased on December 31, 1987. Also noted2 is the significant variation in weight of these tokens from just over 1 gram (for the later issues) to just over 1.3 grams. As with other issues, there is no data on how many tokens survive. The 1973 issues are found with a dot following the value, whereas the later issues do not. Debrecen ÁFéSz Value Colour

10 Red

20 Black

50 Grey

100 Blue

200 Pink

500 Yellow

In my experience, even though these tokens served the largest community, they are amongst the most scarce, possibly since it is recorded that, after 13 years of use, when these tokens were withdrawn at the end of 1983 all stocks were destroyed3. All these issues have a dot after the value. Szolnok ÁFéSz Value 10 Colour Green Shades Weight 1.0 and 1.1g

20 Pale blue Dark grey

1.1 and 1.2g

50 Black

100 Pink

200 Yellow

1.0 to 1.3g

1.1 to 1.4g

1.1 to 1.3g

500 Grey Slate grey 0.9 to 1.3g

I recently checked 100 tokens from this series for both weight and colour variation. The range of weights are shown above and, as well as a clear darker grey version of the 500 token, I have found two distinct shades of both the green 10 value and the 20 blue. The 20 value (only) is found with a dot after the number.4 Törökszentmiklós ÁFéSz

Weight

10 20 50 100 Lemon Mid red Apple green Pink yellow Cherry red Pale green White Orange red 1.2 1.25 1.35 —

Coin news

Value Colour

200 Pale grey Slate grey

500 1000 Scarlet Turquoise

1.3

2.9

3.0

These tokens were in use for 11 years5. The lower values had the usual 30mm diameter but the two higher values were 39mm in size. An estimate of the number of each token issued is 15,000 per value. Velence ÁFéSz

Value Colour

20 50 Light blue Pale grey Grey

100 Pink Orangeyellow Cream

500 Lemon yellow

1000 Black

The 100 value is reported in two shades of pink in a recent article6, and there is also mention of a paper token with a value of 5000 which was exchanged for lower value plastic tokens with the same face value, although doubt has been cast on its existence. Veszprém ÁFéSz 1st series Value 25 Colour Red + white

50 100 Dark brown Light grey Yellow+ brown

200 Cobalt blue Ultramarine Blue+white

500 Red Scarlet Pale yellow

1000 Pale yellow Green

The Veszprém issues are the most extensive with two very distinct series. In addition several values can be found in many different colours so it is clear that the Veszprém tokens were issued several times during the 1980s. The original issues are quite distinctive as they are made of the usual hard plastic and have denominations in the normal sized numbers whereas the later series are made of a more ﬂexible ‘soapy ‘ plastic and have smaller sized numbers. From my own observations token weights between the series vary only slightly from 1 gram.

2nd series Value 25 Colour Red + white

50 Black Dark brown

100 White

200 500 Dark blue Red Turquoise Pale Light blue yellow Cobalt blue Scarlet

1000 Pale yellow Emerald green

Other differences can be found in these series—instead of the text SZÖVETKEZÉSBEN AZ ERŐ starting at the bottom left of the token’s reverse it starts at either the 12, 1 or 2 o’clock position on top right. Also found, instead of a five-pointed star at the start of the text, there is a twice-bisected diamond shape. The marble effect, a mixture of colours, is seen in values of both series and like issues from Zirc they have the value on the reverse and no ÁFÉSZ logo (see below). These issues were first described7 in 1986 and covered in more detail8 when reference was made to a 2 forint bottle deposit token, which is outside the scope of this article. zirc ÁFéSz

Value 25 Colour Pink Red+yellow Black+red+ white

50 Dark brown Black

100 White Cream

200 Blue

500 Red

1000 Pale green

5000 Brown + yellow

These issues include tokens where a combination of colours, or marble effect, can be found. Two examples in my collection are listed above. Token weights are between 0.9 and 1.1 grams. Note the uniqueness of the highest value token, Zirc was the only store to issue a 5000 value. As mentioned earlier these issues are of a different design to those issued by other ÁFÉSZ stores apart from Veszprém. The obverse has just the words ÁFÉSZ ZIRC and the reverse with the denomination value in the centre and the words www.tokenpublishing.com

July 2011

Tokens SZĂ&#x2013;VETKEZĂ&#x2030;SBEN AZ ERĹ? around the edge. There is no logo as on the other issues9 Zirc issued, in addition to these dividend tokens, a series of bottle deposit tokens with a different range of values. These will feature in a later article. The â&#x20AC;&#x153;DOTâ&#x20AC;? phenomenon Whilst collecting these tokens I have noticed that a number of them have a full-stop following the value. All Debrecen issues and the initial series from CsanĂĄdpalota display this dot, as do both 20 values issued by the Szolnok store. No other Ă FĂ&#x2030;SZ tokens show this phenomenon. One view is that this was an error by the manufacturer. Alternatively, as it is likely that several manufacturers were involved in the production of these tokens, possibly one manufacturer added this dot as a kind of â&#x20AC;&#x153;mint markâ&#x20AC;?? This issue awaits further research. Final note As in the UK, the issue and use of these tokens was open to abuse and each store terminated the practice, mostly after a decade or so of use. In the UK over the last decade or so there has been a steady growth in interest in tokens and in the collecting of the metal and plastic token issues of the many Co-operative societies. On-line auctions like eBay provide a constant supply of readily accessible and inexpensive items issued from stores all over the country.

Hungary, via its Ă FĂ&#x2030;SZ issues of the 1970s and 1980s, provides a smaller version of this interesting field. Partly due to the small number of Hungarian collectors, these issues are not encountered that often. In recent years, for example, I have seen items of this type advertised for sale a mere handful of times so it is difficult to assess their rarity compared to their UK equivalents. My own collection has developed mainly from surplus items offered by other collectors, and it is from them that I can provide an assessment of comparative rarity. I have included all Ă FĂ&#x2030;SZ issues known to me, including the bottle deposit (ĂźvegbetĂŠt) issues from Zirc, VeszprĂŠm and Kiskunhalas which will be covered in a further article. Scarcity assessment OF Ă fĂŠsz TOKENS Common Scarce Szolnok BĂŠkĂŠs TĂśrĂśkszentmiklĂłs CsanĂĄdpalota VeszprĂŠm Debrecen Zirc Velence Zirc* * denotes bottle deposit tokens.

Very scarce Kiskunhalas* VeszprĂŠm*

References 1 Zombori, L., Az Ă&#x2030;rem, 1999.2. 2 TĂłth, J. & Zombori, L., Az Ă&#x2030;rem, 1990.2. 3 TĂłth,J., Az Ă&#x2030;rem, 1992.2. 4 LeĂĄnfalusi, K., Az Ă&#x2030;rem, 1985.1. 5 TĂłth, J. & Zombori, L., Az Ă&#x2030;rem, 1991.2. 6 Szabo, A., Ă&#x2030;remtani Lapok 124 (2010). 7 LeĂĄnfalusi, K., Az Ă&#x2030;rem, 1986.2 8 Czuppon, Z. @ Zombori, L., Eremtani Lapok 21 (1993). 9 Zombori, L., Az Ă&#x2030;rem, 1987.2

Acknowledgements Thanks to Tibor MĂŠszĂĄros who has contributed many of the photographs used to illustrate this article and, along with IldikĂł RĂŠkĂĄsi who assisted and encouraged me to write about these tokens, and especially to Lajos Zombori who provided me with some fine specimens of Ă FĂ&#x2030;SZ bĂĄrcĂĄk and a wealth of information on the subject.

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www.tokenpublishing.com

:LWK RYHU \HDUVÂˇ H[SHULHQFH ZH DUH VXUH WKDW ZH FDQ VXSSO\ D FDELQHW WR VXLWH \RXU UHTXLUHPHQWV For a full descriptive leaflet of our range, please contact:

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Coin price guide

Price guide to: Sixpences and fourpences

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

UNC

SIXPENCES OLIVER CROMWELL

1658 Patterns by Thos. Simon & Tanner Four varieties .................................................

Extremely rare

CHARLES II (1660–85)

1674................................................................... 1675................................................................... 1675/4 5 over 4 ................................................. 1676................................................................... 1676/5 6 over 5 ................................................. 1677................................................................... 1678/7 ............................................................... 1679................................................................... 1680................................................................... 1681................................................................... 1682/1 ............................................................... 1682................................................................... 1683................................................................... 1684...................................................................

£70 £70 £80 £85 £80 £70 £70 £75 £90 £70 £80 £90 £70 £75

£300 £900 £300 £900 £300 £925 £300 £900 £300 £900 £300 £900 £280 £900 £300 £900 £500 £1000 £300 £900 £300 £1000 £320 £950 £300 £925 £300 £900

— — — — — — — — — — — — — —

JAMES II (1685–88)

Date

2011 N EDITIO LAST

FEW

INING!

REMA

UNC

1696 — — C ...................................................... £35 £100 £425 — 1696 — — E ...................................................... £50 £110 £425 — 1696 — — N ...................................................... £40 £100 £425 — 1696 — — y....................................................... £40 £110 £475 — 1696 — — Y ...................................................... £45 £200 £500 — 1696 — Later harp ............................................ £50 £175 £400 — 1696 — — B ...................................................... £70 £225 £500 — 1696 — — — no stops on obv .......................... £80 £275 £550 — 1696 — — C ...................................................... £80 £350 £850 — 1696 — — N ...................................................... £70 £325 — — 1696 Second bust ............................................. £300 £800 — — 1697 First bust, later harp ................................. £30 £75 £300 — 1697 — — Arms of France & Ireland transposed Extremely rare 1697 — — B ...................................................... £50 £110 £425 — 1697 — — C ...................................................... £70 £200 £475 — 1697 — — — Irish shield at date ...................... Extremely rare 1697 — — E ...................................................... £70 £200 £450 — 1697 — — — error GVLIEMVS.......................... Extremely rare 1697 — — y....................................................... £60 £125 £450 — 1697 — — — Irish shield at date ...................... Extremely rare 1697 Second bust ............................................. £120 £400 £1200 — 1697 Third bust ................................................. £25 £70 £275 — 1697 — error GVLIEIMVS .................................. Extremely rare 1697 — B .......................................................... £50 £110 £450 — 1697 — — IRA for FRA ..................................... Extremely rare 1697 — C .......................................................... £75 £220 £500 — 1697 — E ........................................................... £75 £200 £550 — 1697 — Y........................................................... £60 £200 £500 — 1698 — ............................................................. £60 £170 £450 — 1698 — Plumes in angles on rev. ................ £60 £200 £650 — 1699 — ............................................................. £80 £250 £750 — 1699 — Plumes in angles on rev. ................ £60 £250 £700 — 1699 — Roses in angles on rev. .................. £70 £250 £700 — 1699 — — error G LIELMVS ............................ Extremely rare 1700 — .............................................................. £40 £90 £350 — 1700 — Plume below bust ................................ £2000 — — — 1701 — .............................................................. £55 £120 £425 — ANNE (1702–14)

1686 Early shields ............................................ 1687/6 — 7 over 6 ............................................. 1687 Late shields .............................................. 1687/6 — 7 over 6 ............................................ 1688 — ..............................................................

£120 £125 £120 £120 £105

£400 £400 £400 £425 £425

£1000 £1000 £975 £1050 £1050

— — — — —

£120 £150 £120

£425 £950 £500 £1050 £450 £1050

— — —

WILLIAM & MARY (1688–94)

1693 .................................................................. 1693 error inverted 3 ......................................... 1694................................................................... WILLIAM III (1694–1702)

1703 VIGO below bust Before Union with Scotland £40 1705 Plain .......................................................... £60 1705 Plumes in angles on rev............................ £45 1705 Roses & Plumes in angles on rev. ............ £60 1707 Roses & Plumes in angles on rev. ............ £50 1707 (Post-Union), Plain.................................... £40 1707 E (Edinburgh) below bust ........................ £40 1707 Plumes in angles on rev............................ £45 1708 Plain .......................................................... £45 1708 E below bust............................................. £50 1708 E* below bust ........................................... £60 1708 “Edinburgh” bust E* below ................. £50 £140 1708 Plumes in angles on rev............................ £50 1710 Roses & Plumes in angles on rev. ............ £55 1711 Plain .......................................................... £25

£130 £170 £150 £150 £150 £80 £80 £120 £100 £100 £140 £400 £140 £110 £70

£400 £500 £450 £425 £400 £275 £300 £325 £400 £350 £400 — £400 £450 £200

— — — — — — — — — — — — — —

GEORGE I (1714–27)

Provincially produced sixpences carry privy marks or initials below the bust: B: Bristol. C: Chester. E: Exeter. N: Norwich. Y or y: York. 1695 First bust, early harp in 4th shield on rev. £35 £100 £400 — 1696 — — ......................................................... £35 £100 £325 — 1717 Roses & Plumes in angles on rev. ............ £90 1717 Plain edge................................................ 1720 /17 Allways—............................................ £80 1723 SSC in angles on rev. ............................... £30 1723 Larger lettering ......................................... £30 1726 Small Roses & Plumes in angles on rev.£80 £225

William III 1st bust 1696 — — French arms at date ........................ 1696 — — Scottish arms at date ...................... 1696 — — DFI for DEI ....................................... 1696 — — No stops on obv. ............................. 1696 — — B ...................................................... 1696 — — — B over E ......................................

Coin news

£40 £40

Extremely rare Extremely rare Extremely rare £110 £400 — £100 £400 — Extremely rare

£250 £700 — Extremely rare £220 £600 — £70 £200 — £70 £200 — £650 —

GEORGE II (1727–60)

George II young head www.tokenpublishing.com

July 2011

Coin price guide Date

Mintage

1728 Young head, Plain..................................... 1728 — Proof .................................................... 1728 — Plumes in angles on rev. ................ £40 1728 — Roses & Plumes in angles on rev. ........ 1731 — — ......................................................... 1732 — — ......................................................... 1734 — — ......................................................... 1735 — — ......................................................... 1735/4 5 over 4 ................................................. 1736 — — ......................................................... 1739 — Roses in angles on rev. ................. £30 1741 — ..............................................................

F £70 — £140 £35 £35 £35 £40 £35 £45 £40 £100 £30

UNC

£240 £525 — £3000 £400 — £125 £300 £125 £300 £125 £300 £140 £350 £140 £350 £150 £400 £140 £350 £275 — £100 £275

— — — — — — — — —

George II old head 1743 Old head, Roses in angles on rev. ............ 1745 — — ......................................................... 1745 — — 5 over 3 ........................................... 1745 — Plain, LIMA below bust .................. £30 1746 — — — ..................................................... 1746 — — Proof ................................................ 1750 — — ......................................................... 1751 — — ......................................................... 1757 — — ......................................................... 1758 — — .........................................................

£25 £25 £30 £80 £30 — £30 £35 £15 £15

£75 £75 £80 £260 £80 — £120 £150 £30 £30

£250 £250 £250 — £260 £925 £325 £350 £80 £80

— — — — — — — — —

GEORGE III (1760–1820) 1787 rev. no semée of hearts on 4th shield ...... 1787 rev. with semée of hearts..........................

NEW COINAGE 1816 ...............................................................— 1817 ................................................ 10,921,680 1818................................................... 4,284,720 1819................................................... 4,712,400 1819 very small 8 in date............. ... incl. above 1820................................................... 1,488,960

£15 £15

£6 £7 £10 £7 £7 £7

£35£80 £110 £35 £80 £110

£15 £15 £25 £15 £15 £15

£40 £95 £40 £95 £80 £175 £40 £80 £40 £100 £40 £100

GEORGE IV (1820–30)

George IV ﬁrst bust 1821 First bust, ﬁrst reverse ................ 863,280 1821 error BBRITANNIAR .................................. 1821 — — Proof ...............................incl. above 1824 — Second (garter) reverse633,600..... £10 1825 — ................................................. 483,120 1826 — — ............................................ 689,040

£12 £75 — £25 £12 £30

£25 £250 — £100 £25 £80

£100 £750 — £300 £90 £200

£300 — £600 £275 £475

George IV second bust 1826 Second bust, third (lion on crown) reverse..........incl. above 1826 — — Proof ...............................incl. above 1827 — — ............................................ 166,320 1828 — — .............................................. 15,840 1829 — — ............................................ 403,290

£10 — £25 £16 £12

£25 — £80 £40 £40

£90 — £240 £125 £110

£200 £375 £450 £275 £300

£15 — £15 £15 £15 £18

£40 — £40 £40 £40 £40

£125 — £125 £125 £150 £175

£275 £400 £275 £275 £325 £425

WILLIAM IV (1830–37)

1831................................................... 1,340,195 1831 Proof ........................................incl. above 1834................................................... 5,892,480 1835................................................... 1,552,320 1836................................................... 1,987,920 1837...................................................... 506,880 VICTORIA (1837–1901)

Victoria young head

July 2011

www.tokenpublishing.com

Date

Mintage

YOUNG HEAD ISSUES First head 1838................................................... 1,607,760 1839 .................................................. 3,310,560 1839 Proof ........................................incl. above 1840................................................... 2,098,800 1841................................................... 1,386,000 1842...................................................... 601,920 1843................................................... 3,160,080 1844................................................... 3,975,840 1844 Large 44 in date.......................incl. above 1845................................................... 3,714,480 1846................................................... 4,226,880 1848...................................................... 586,080 1848/6 ﬁnal 8 over 6 .........................incl. above 1850...................................................... 498,960 1850/3 0 over 3 ...............................incl. above 1851................................................... 2,288,107 1852...................................................... 904,586 1853................................................... 3,837,930 1853 Proof .........................................incl above 1854...................................................... 840,116 1855................................................... 1,129,684 1855/3 last 5 over 3 ..........................incl. above 1856................................................... 2,779,920 1857................................................... 2,233,440 1858................................................... 1,932,480 1859................................................... 4,688,640 1859/8 9 over 8 ................................incl. above 1860................................................... 1,100,880 1862...................................................... 990,000 1863...................................................... 491,040 Die no. added above date from 1864 to 1879 1864................................................... 4,253,040 1865................................................... 1,631,520 1866................................................... 4,140,080 1866 no Die no. ................................................. Second head 1867................................................... 1,362,240 1868................................................... 1,069,200 1869...................................................... 388,080 1870...................................................... 479,613 1871................................................... 3,662,684 1871 no Die no. ................................incl. above 1872................................................... 3,382,048 1873................................................... 4,594,733 1874................................................... 4,225,726 1875................................................... 3,256,545 1876 ..................................................... 841,435 1877................................................... 4,066,486 1877 no Die no .................................incl. above 1878................................................... 2,624,525 1878 Dritanniar Error ........................incl. above 1879 .................................................. 3,326,313 1879 no Die no ................................incl. above 1880 no Die no .................................. 3,892,501 Third head 1880 ..................................................incl above 1881................................................... 6,239,447 1882...................................................... 759,809 1883................................................... 4,986,558 1884................................................... 3,422,565 1885................................................... 4,652,771 1886................................................... 2,728,249 1887................................................... 3,675,607

£10 £10 — £10 £10 £10 £10 £8 £12 £10 £10 £40 £40 £10 £15 £8 £8 £8 — £100 £8 £12 £8 £8 £8 £8 £10 £10 £60 £50 £8 £8 £8 £8 £8 £8 £8 £7 £7 £7 £7 £7 £7 £7 £7 £7 £7 £60 £7 £6 £6 £7 £7 £12 £7 £7 £7 £7 £7

£30 £30 — £30 £30 £30 £30 £25 £40 £25 £25 £90 £90 £30 £30 £25 £25 £25 — £250 £25 £40 £25 £25 £25 £25 £30 £25 £150 £100

UNC

£80 £225 £70 £225 — £500 £80 £240 £80 £240 £80 £240 £80 £240 £55 £240 £100 £275 £65 £225 £65 £225 £275 £800 £400 — £80 £225 £90 £300 £80 £225 £80 £225 £80 £225 — £500 £700£1400 £70 £175 £80 £225 £70 £200 £70 £200 £70 £200 £75 £200 £80 £250 £80 £225 £400 £900 £350 £800

£25 £80 £200 £25 £70 £200 £25 £70 £200 Extremely rare £20 £20 £20 £20 £20 £20 £20 £20 £20 £20 £20 £20 £20 £20 £200 £18 £18 £18

£70 £70 £70 £70 £60 £60 £60 £60 £60 £60 £60 £60 £60 £60 — £60 £60 £50

£220 £160 £160 £160 £150 £150 £150 £150 £150 £150 £150 £150 £150 £140 — £150 £150 £140

£20 £50 £120 £20 £50 £120 £40 £125 £325 £18 £40 £100 £18 £40 £100 £18 £40 £100 £18 £40 £90 £18 £40 £90

JUBILEE HEAD ISSUES

Victoria Jubilee head 1887 Shield reverse .........................incl. above 1887 — Proof ...................................incl. above 1887 Six Pence in wreath reverseincl. above £5 1888 — .............................................. 4,197,698 1889 — .............................................. 8,738,928 1890 — .............................................. 9,386,955 1891 — .............................................. 7,022,734 1892 — .............................................. 6,245,746 1893 — .............................................. 7,350,619

£5 £8 £15 £30 — — — £100 £8 £15 £25 £5 £8 £25 £45 £5 £8 £25 £55 £5 £8 £25 £55 £5 £8 £25 £55 £5 £10 £28 £65 £400 £1000 £3000 —

OLD HEAD ISSUES

Victoria old head 1893..................................................incl. above 1893 Proof ................................................ 1,312 1894................................................... 3,467,704 1895 .................................................. 7,024,631 1896................................................... 6,651,699 1897................................................... 5,031,498

£5 — £7 £6 £5 £5

£10 — £14 £14 £10 £10

£20 — £40 £35 £30 £30

Coin news

£45 £75 £80 £70 £55 £55

Coin price guide Date

Mintage

1898................................................... 5,914,100 1899..................................................... 7,996,80 1900................................................... 8,984,354 1901................................................... 5,108,757

£5 £5 £5 £5

£10 £10 £10 £10

EF £30 £30 £30 £28

UNC

Date

Mintage

UNC

£50 £50 £50 £50

George VI second reverse

EDWARD VII (1901–10)

1902................................................... 6,367,378 1902 “Matt Proof” .................................. 15,123 1903................................................... 5,410,096 1904................................................... 4,487,098 1905................................................... 4,235,556 1906................................................... 7,641,146 1907................................................... 8,733,673 1908................................................... 6,739,491 1909................................................... 6,584,017 1910................................................. 12,490,724

£4 — £6 £10 £7 £5 £5 £8 £6 £4

£10 £30 £50 — — £70 £18 £50 £150 £40 £140 £350 £20 £60 £170 £10 £35 £95 £10 £40 £100 £25 £80 £275 £15 £45 £150 £6 £22 £45

Second type—new cypher on rev. 1949 ................................................ 41,335,515 1950................................................. 32,741,955 1950 Proof ............................................. 17,513 1951................................................. 40,399,491 1951 Proof .............................................. 20,000 1952................................................... 1,013,477 ELIZABETH II (1952–

— — — — — £5

— — — — — £15

£1 £1 — £1 — £40

£3 £3 £6 £3 £6 £90

)

GEORGE V (1910–36)

First issue 1911................................................... 9,155,310 1911 Proof ................................................ 6,007 1912 ................................................ 10,984,129 1913................................................... 7,499,833 1914................................................. 22,714,602 1915................................................. 15,694,597 1916................................................. 22,207,178 1917................................................... 7,725,475 1918................................................. 27,553,743 1919 ................................................ 13,375,447 1920 ................................................ 14,136,287 Second issue—debased silver 1920..................................................incl. above 1921................................................. 30,339,741 1922................................................. 16,878,890 1923................................................... 6,382,793 1924................................................. 17,444,218 1925................................................. 12,720,558 1925 Broad rim .................................incl. above 1926 — ............................................ 21,809,621 Third issue—Modiﬁed bust 1926..................................................incl. above 1927................................................... 8,924,873

George V ﬁrst issue £2 — £2 £2 £2 £2 £2 £7 £2 £2 £2

£5 — £5 £6 £5 £5 £5 £18 £5 £5 £5

£10 £35 — £45 £20 £50 £22 £60 £10 £30 £12 £35 £10 £25 £50 £100 £12 £25 £12 £35 £10 £25

£1 £1 £1 £3 £1 £1 £1 £1

£3 £3 £3 £8 £5 £3 £3 £3

£10 £30 £10 £30 £10 £30 £40 £100 £10 £30 £10 £30 £10 £30 £10 £30

£1 —

£2 £2

£10 £10

£30 £30

1953................................................. 70,323,876 1953 Proof .............................................. 40,000 1954............................................... 105,241,150 1955............................................... 109,929,554 1956............................................... 109,841,555 1957............................................... 105,654,290 1958............................................... 123,518,527 1959................................................. 93,089,441 1960............................................... 103,283,346 1961............................................... 115,052,017 1962............................................... 166,483,637 1963............................................... 120,056,000 1964............................................... 152,336,000 1965............................................... 129,644,000 1966............................................... 175,676,000 1967............................................... 240,788,000

— — — — — — — — — — — — — — — —

£2 £4 £3 £1 £1 £1 £3 £1 £3 £3 25p 25p 25p 25p 25p 25p

FOURPENCES WILLIAM IV(1831–37)

1836...........................................................— 1837................................................. 962,280

£8 £8

£16 £40 £85 £16 £40 £90

VICTORIA (1838–1901) George V fourth issue Fourth issue—New design (oakleaves) 1927 Proof only ...................................... 15,000 1928................................................. 23,123,384 1929................................................. 28,319,326 1930................................................. 16,990,289 1931................................................. 16,873,268 1932................................................... 9,406,117 1933................................................. 22,185,083 1934................................................... 9,304,009 1935................................................. 13,995,621 1936................................................. 24,380,171

£1 £1 £1 £1 £1 £1 £1 £1 £1 £1

— £2 £2 £2 £2 £2 £2 £2 £2 £2

£10 £8 £8 £8 £8 £8 £8 £12 £6 £6

£35 £25 £25 £28 £25 £35 £24 £30 £12 £12

GEORGE VI (1936–52)

First type 1937................................................. 22,302,524 1937 Proof .............................................. 26,402 1938................................................. 13,402,701 1939................................................. 28,670,304 1940................................................. 20,875,196 1941................................................. 23,086,616 1942................................................. 44,942,785 1943................................................. 46,927,111 1944................................................. 36,952,600 1945................................................. 39,939,259 1946................................................. 43,466,407 Cupro-nickel 1947................................................. 29,993,263 1948................................................. 88,323,540

George VI ﬁrst reverse — — — — — — — — — — —

— — £2 — — — — — — — —

£5 — £5 £1 £1 £1 £1 £1 £1 £1 £1

£10 £5 £18 £5 £5 £5 £4 £4 £4 £3 £3

— —

£1 £1

£3 £3

1837........................................... Extremely Rare Proofs or Patterns only 1838.............................................. 2,150,280 £7 £15 £35 £80 1838 over last 8 on its side .......................... £10 £20 £55 £110 1839.............................................. 1,461,240 £7 £16 £40 £90 1839 Proof ...................................incl. above Rare 1840.............................................. 1,496,880 £7 £15 £40 £85 1840 Small 0 in date ....................incl. above £7 £15 £40 £85 1841................................................. 344,520 £7 £15 £40 £85 1842................................................. 724,680 £7 £15 £35 £80 1842/1 2 over 1 ...........................incl. above £7 £15 £35 £80 1843............................................... 1,817640 £8 £16 £40 £100 1843 4 over 5...............................incl. above £8 £16 £40 £100 1844................................................. 855,360 £7 £15 £40 £90 1845................................................. 914,760 £7 £15 £40 £90 1846.............................................. 1,366,200 £7 £15 £40 £90 1847 7 over 6................................... 225,720 £15 £35 £110 — 1848................................................. 712,800 £7 £15 £40 £80 1848/6 8 over 6 ..........................incl. above £30 £110 — — 1848/7 8 over 7 ..........................incl. above £8 £20 £50 £100 1849................................................. 380,160 £7 £15 £40 £85 1849/8 9 over 8 ...........................incl. above £8 £20 £60 £125 1851................................................. 594,000 £30 £80 £200 £375 1852................................................... 31,300 £50 £120 £350 — 1853................................................... 11,880 £40 £100 £375 — 1853 Proof Milled Rim .................incl. above — — — £550 1853 Plain edge Proof .................................. Extremely rare 1854.............................................. 1,096,613 £7 £15 £40 £85 1855................................................. 646,041 £7 £15 £40 £85 1857 Proofs only .......................................... Extremely rare 1862 Proofs only .......................................... Extremely rare 1888 Jubilee Head ....................................— £8 £18 £40 £85

Coming next month: illustrated price guide to shillings 58

Coin news

www.tokenpublishing.com

July 2011

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GOULBORN COLLECTION Ltd â&#x20AC;¢ PO Box 122, Rhyl LL18 3XR â&#x20AC;¢ Tel: (01745) 338112 eve (01745) 344856 a&RLQ 0HGDOOLRQV /LVWV GD\V DSSURYDOÂ³2UGLQDU\ SRVW S DQG 5HFRUGHG 'HOLYHU\ Â&#x2026; \RXU ULVN 5HJLVWHUHG SRVW Â&#x2026; P\ ULVN a

July 2011

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Coin news

Richard Plant

COIN OF THE MONTH Mary, Queen of Scots

I am sure that Mary Queen of Scots would not have even considered having a coin like this “Nonsunt” (worth 12 pence Scots) minted in her name at any date much later than 1558-59. It commemorates her first marriage; and the placing of a sentence about marriage (St Mark chapter 10, verse 8, “Now they are not two, but one ﬂesh”—in Latin, of course) on the reverse points to a very happy occasion. It must have seemed not only romantic, but also very hopeful for the future—a young and beautiful Queen marrying a handsome and top-ranking young prince, the Prince-Dauphin Francis of France, with their initials M and F linked together on the obverse. The English, though, didn’t like it a bit, bringing as it did the threat of an even closer alliance between Scotland and France. They had already tried to manoeuvre the Scots into marrying Mary to their own boy king, Edward VI, going completely the wrong way about it by using force! Their very “tactful” approach back in 1547, when Mary was still only four years old, had been simply to invade Scotland and defeat the Scots at the Battle of Pinkie. Their aim had been to gain possession of the Queen; but the Scots had thwarted this plan by getting her safely away to France. Looking back on history we can see now that it was our English fault in using force that caused Mary to meet with and fall in love with Francis in the first place. The two youngsters, both aged 15, got married in Paris on July 10, 1558. Things got even worse for the English (though better for the Scots) when King Henry II of France was accidentally killed on July 10, 1559, and Francis succeeded his father as King—King Francis II. Young Scottish Mary immediately became Queen of France as well as what she already was—Queen of Scotland. Meaning that Scotland would now be much better protected from English aggression! But this, unfortunately for Mary, was only the beginning of the story of married life for her! She was fated to have a VERY short reign as Queen of France; because on December 5, 1560, when, still only 16 years old, King Francis, having developed an ear infection which caused a brain tumour, died, and Mary was widowed, losing her status as Queen of France. Trouble was brewing for her, because, having been brought up in France, she was strongly Catholic in her religious beliefs, whilst the majority of her Scottish subjects had recently become Protestant—so she was not in for an easy ride when she returned, as she now had to, to her native land. She did marry again—in fact twice more. In 1565 she married a remarkably tall and handsome man called Henry Darnley. It looked like a very suitable match; but Darnley had ideas above his station and pestered Mary to give him the “crown matrimonial”, i.e. to make him King. He was indeed given this royal title, but did not enjoy it for long, being killed by a massive explosion whilst staying at a house called the “Kirk-of-Field”, victim of a plot arranged by Mary’s next “boy friend” and third husband, the Earl of Bothwell. He was a horrible man who, not long after her marriage to him, was so rough with Mary “that she prayed for a knife with which to stab herself, rather than endure his ill-treatment”. There was a revolt against Mary and she had to ﬂee to England, where our Queen Elizabeth, instead of giving her, as she expected, a royal welcome, had her imprisoned, and, eventually, on February 8, 1587, beheaded.

Coin news

www.tokenpublishing.com

July 2011

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Coin News

Home Care 102

DR KERRY RODGERS goes in quest of a notable abode . . .

OST notes are large rectangular pieces of paper or, these days, polymer ﬁlm. The paper itself may be high quality rag paper or sourced from wood pulp. The latter is common among emergency issues. Both papers are easily damaged and wood pulp paper is particularly prone to deterioration. regardless of composition it is essential notes are housed securely in a safe environment.

The preservation of paper is a complex topic. The Library of Congress has a useful brochure outlining factors that contribute to paper deterioration and some solutions: www. loc.gov/preserv/deterioratebrochure.html It is recommended reading for all note collectors. Note that 150-year-old papers are often in better condition than those only 50 years old. Paper composition is at the heart of the matter but so are storage conditions. As with coins, an owner needs to balance the steps they adopt to secure a collection against the ease of enjoying and adding to it. However a collection be housed, the main point is to prevent the notes suffering any further deterioration over the condition in which they were received. If nothing else, always store paper money under cool and low humidity conditions. And house them only in inert holders. Today plastic holders (as supplied by Token Publishing Ltd) offer the main preferred home for banknotes. These can come as sleeved album pages, or as rigid plastic sleeves inserted in a ring binder, or as archival plastic sleeves held in a customized box. Whatever the format the composition of the plastic is important. Paper money, like coins, was hit badly by PVC disease. Today Mylar, polyethylene and acrylic holders are in common use. But they do come with a little-discussed problem. As the LoC brochure explains much paper comes with its own in-built seeds of destruction. Any acid- and sulphurbearing components in paper can cause long term damage. An archivist once showed me how Mylar and similar films enable any acids released by aging to remain trapped in the paper where they can promote further deterioration. Effectively the archived paper is prevented from breathing. In addition, where the humidity and temperature are elevated I have found foxing, fungus and other nasties ﬂourishing in plastic holders. Doing the right thing is something of balancing act.

Coin news

Polymer notes are readily accommodated in any holder designed for paper. To date no alarms have been sounded related to such notes deteriorating in storage. As with coins, notes are at major risk from their owner/ admirers. A little mishandling can impair an already damaged and fragile rarity just as easily as it can round-off the corners of a once UNC note. Archivists I have worked alongside would never allow me to touch their precious books and manuscripts with my bare hands. White, Mickey Mouse gloves were de rigueur. I have often wondered why they have not become the norm among notaphilists. The Banknote Yearbook observes that many moons ago notaphilists often used conventional loose-leaf stamp albums to house their collections, employing transparent mounts to hold each note in place. Relevant data was then written alongside. I have adopted a version of this system for my Fijian collection that is housed in padded leather archival stamp stock books having rigid black pages and transparent interleaves. Each page is laid out with love and labelled-up using white lettering on black laser-printed paper. The transparent stamp holder strips secure notes and labels. For example, on two facing pages I have an example of a $50 P108 showing its face plus a second showing the back, a corresponding specimen and the replacement issue. The four notes are each labelled with release date, Pick number, signatory, etc. Having two examples of the note obviates the disadvantage of being able to view one side only when mounted on the opaque but rigid album page that affords maximum protection. Many moons ago I read: How to Write-up a Stamp Collection. I have simply adapted that system to my notes. It gives me hours of pleasure—and it is different. I recommend it. The variations on the theme are limited only by the owner’s imagination.

www.tokenpublishing.com

July 2011

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Gold Sovereigns

for sale

£228 Tel Paul: 07779 461929 www.buybullioncoins.com

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~

1899 1899 1900 1900 1900 1900 1900 1900 1901 1901 1902 1902 1902 1902 1903 1903 1903 1903 1904 1904 1904 1904 1905 1905 1905 1905 1906 1906 1906 1906 1907 1907 1907 1907 1908 1908 1908 1908 1909 1909 1909 1909 1910 1910 1910 1910 1910 1911 1911 1911 1911 1911 1912 1912 1912 1913 1913 1913 1913 1914 1914 1914 1914 1915 1915 1915 1916 1916 1916 1916 1917 1917 1917 1917 1918 1918 1918 1918

SOVEREIGNS SYDNEY UNC LONDON UNC SYDNEY UNC MELBOURNE UNC PERTH UNC MELBOURNE UNC SYDNEY UNC LONDON UNC LON OH UNC PERTH UNC PERTH UNC SYDNEY UNC MELBOURNE UNC LONDON UNC MELBOURNE UNC SYDNEY UNC LONDON UNC PERTH UNC SYDNEY UNC LONDON UNC MELBOURNE UNC PERTH UNC SYDNEY UNC LONDON UNC MELBOURNE UNC PERTH UNC SYDNEY UNC PERTH UNC LONDON UNC MELBOURNE UNC SYDNEY UNC LONDON UNC MELBOURNE UNC PERTH UNC PERTH UNC MELBOURNE UNC LONDON UNC SYDNEY UNC PERTH UNC LONDON UNC MELBOURNE UNC CANADA AUNC LONDON UNC SYDNEY UNC MELBOURNE UNC CANADA AUNC PERTH UNC PERTH UNC LONDON UNC MELBOURNE UNC SYDNEY UNC CANADA UNC LONDON UNC MELBOURNE UNC SYDNEY UNC PERTH UNC LONDON UNC SYDNEY UNC MELBOURNE UNC MELBOURNE UNC SYDNEY UNC LONDON UNC PERTH UNC MELBOURNE UNC PERTH UNC SYDNEY UNC SYDNEY UNC LONDON UNC PERTH UNC MELBOURNE UNC MELBOURNE UNC PERTH UNC SYDNEY UNC CANADA UNC MELBOURNE UNC INDIA AUNC CANADA UNC PERTH UNC

£285 £285 £285 £285 £375 £285 £285 £285 £285 £373 £285 £275 £275 £275 £275 £275 £275 £285 £275 £275 £275 £295 £275 £275 £275 £295 £275 £295 £275 £275 £275 £275 £275 £285 £275 £275 £275 £275 £285 £275 £275 £825 £275 £285 £285 £675 £285 £285 £245 £275 £265 £295 £245 £265 £265 £265 £265 £265 £265 £265 £265 £245 £265 £265 £265 £265 £265 £385 £285 £295 £265 £265 £265 £325 £265 £255 £325 £265

1918 1918 1919 1919 1919 1919 1920 1921 1922 1923 1923 1924 1924 1925 1925 1925 1925 1925 1926 1926 1926 1927 1927 1927 1928 1928 1929 1929 1930 1930 1930 1931 1931 1931 1932 1937 1937 1957 1958 1959 1962 1963 1964 1965 1966 1967 1968 1974 1976 1978 1979 1980 1981 1982 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 1979 1980 1981 1982 1983 1984 1984 1985 1986 1986 1987 1988 1989

SYDNEY UNC INDIA UNC SYDNEY UNC CANADA UNC PERTH UNC MELBOURNE UNC PERTH UNC PERTH UNC PERTH UNC MELBOURNE UNC PERTH UNC MELBOURNE UNC PERTH UNC LONDON UNC SOUTH AFRICA UNC MELBOURNE UNC PERTH UNC SYDNEY UNC SOUTH AFRICA UNC MELBOURNE UNC PERTH UNC PERTH AUNC PERTH UNC SOUTH AFRICA UNC SOUTH AFRICA UNC PERTH UNC SOUTH AFRICA UNC PERTH UNC SOUTH AFRICA UNC PERTH UNC MELBOURNE UNC PERTH UNC MELBOURNE UNC SOUTH AFRICA UNC SOUTH AFRICA UNC PROOF FDC PROOF UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC LONDON UNC PROOF CASED FDC PROOF CASED FDC PROOF CASED FDC PROOF CASED FDC PROOF CASED FDC CASED NO CERT FDC PROOF CASED FDC PROOF CASED FDC CASED NO CERT FDC PROOF CASED FDC PROOF CASED FDC PROOF CASED FDC PROOF CASED FDC

£265 £275 £265 £325 £265 £495 £265 £265 £265 £325 £275 £375 £345 £265 £265 £275 £375 £285 £265 £395 £1,475 £425 £495 £265 £265 £355 £260 £295 £260 £295 £395 £285 £695 £260 £285 £1,975 £1,875 £245 £240 £245 £240 £240 £240 £245 £240 £240 £240 £240 £240 £240 £240 £240 £240 £240 £245 £245 £265 £250 £250 £265 £250 £250 £250 £250 £250 £265 £275 £265 £265 £265 £265 £245 £265 £315 £315 £315 £315 £315 £920

• Above prices subject to gold prices change • TREBEHOR, PORTHCURNO, PENZANCE, CORNWALL TR19 6LX • Tel: 01736 871263 •

Coins sent on 7-day approval against payment. P&P £1 buyers risk. Reg Post £5.00 ~ Up-to-date computer quotes available for coins and banknotes ~ Please note that all stock is in the bank which may cause a slight delay in sending.

Coin News

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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. If you have notes to sell, or if you would like to receive some of the best sales lists around, please contact me.

52%(57 2:(1 +285 127( () Â&#x2026;

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BARRY BOSWELL

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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IAN GRADON WORLD NOTES Quality banknotes bought & sold

P.O. Box 359, Durham, DH7 6WZ Tel: 0191 3719700 Mobile: 07929 602933 E-mail: igradon960@aol.com

Website: www.worldnotes.co.uk IBNS Member 7516 www.tokenpublishing.com

July 2011

BANKNOTE News

THE SPECIALIST BANKNOTE SECTION INCLUDED FREE WITH COIN NEWS

Banknote of the Year announced

HE International Bank Note Society’s (IBNS) “Banknote of 2010” is Uganda’s 50,000-shilling note. This year, for the ﬁrst time, the award was decided by a popular vote by members of the IBNS, rather than by a committee, and the award shows a strong appreciation of the 50,000-shilling note among a large community of banknote enthusiasts. From 13 nominations, voting indicated a strong preference for the Ugandan note from the time voting was made available to members on the IBNS web site (www.theIBNS.org) in mid February. The highest denomination in a series of six notes introduced in May 2010, the 50,000-shilling note has strong design elements consistent with the series. These elements include the watermark of the head of a crested crane, an outline of a map of Uganda (highlighting the equator), the proﬁle of a man wearing Karimojong head dress, patterns based on indigenous basket work and, at the far right on the back, the Independence Monument. Erected to celebrate Ugandan independence in October 1962, the statue is of a woman wrapped in bonds lifting a child above her head, celebrating the birth of the nation. On the front of the award-winning note the “Stride Monument” is at the left, the Bwindi tropical rain forest is illustrated at the centre left, a foil strip with the denomination and images of shields at centre right and an area for the watermark at the far right. The Stride Monument was erected to celebrate the Commonwealth Heads of Government Meeting held in Kampala in 2007. Depicting a husband, wife and son stepping forward, the monument symbolizes the countries of the Commonwealth progressing as a family. The back of the note is dominated by illustrations of silver back mountain gorillas and undoubtedly these amazing animals attract people to the notes and their depiction is one of the reasons the 50,000-shilling note was so popular. Printed by British security printers De La Rue, the note was designed in co-operation with the Bank of Uganda.

TOP of the LOTS A SALT LAKE lolly

T the Archives International Auction Part VIII and the Silver City and Round Mountain Collections total sales realised $480,361. One of the top lots was Lot 1031, a California and Salt Lake Mail Line One Dollar which sold for $30,680. To view the prices realised and ﬁnd out about their forthcoming autumn sale visit www. archivesinternational.com.

Bill blues

T the Heritage Auctions Central States Signature Currency Auction, April 27– May 2, a complete set of US Uncirculated Serial number One SF Red Seals was offered and realised $638,250, leading the way for a total auction sales of $6.2 plus million (including Buyer’s Premium of 15 per cent). The complete set of San Francisco notes, sold as individual lots, included the Fr. 843a $5 1914 Red Seal Federal Reserve Note graded PCGS Gem New 65PPQ that sold for $109,250, the Fr. 1023a $50 1914 Red Seal Federal Reserve Note graded PCGS Choice New 63PPQ that realised $138,000, and the Fr. 1083a $100 1914 Red Seal Federal Reserve Note graded PCGS Very Choice New 64PPQ that sold for $218,500. For a full list of prices realised visit www.ha.com.

AST year COIN NEWS reported that the US Federal Reserve Board had put the release of the new $100 bill on hold due to production difficulties. Some six months on, the special paper produced for the note is still proving troublesome. In the Bureau of Engraving and Printing’s 2010 annual report, BEP Director Larry Felix comments: “The single biggest obstacle to successful production was the tendency of the $100 currency paper with the three dimensional security ribbon to crease as the sheets of paper fed through the intaglio printing press.” This creasing, along with other hassles, has resulted in “high spoilage, reduced productivity and inconsistent quality of finished notes”. The upshot is the BEP has failed to fulfil the order placed by the FRB in 2010 for more or less 1.3 billion of the new notes. Nonetheless, since the BEP’s global reputation of producing high quality currency is on the line, the Director has stated bluntly … “we will not restart production of the new design $100 note until we are confident that the note can be consistently produced and delivered with the high quality that meets the demands of worldwide circulation.” In the meantime the BEP is busy redesigning the nation’s entire paper currency to accommodate the needs of the visually impaired as required by a US court ruling. Dr Kerry Rodgers

July 2011

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IN BRIEF

SWEDEN—Have announced that they will be removing the portrait of their monarch, Carl XVI Gustaf, from their papermoney although his image will remain on its coinage. Famous Swedes such as Greta Garbo and Ingmar Bergman will appear instead. A NEW catalogue on Austrian paper money has been produced. The catalogue, Papiergeld Spezialkatalog Osterreich, covers the period 1759–2010 and has been compiled by Rudolf Richter, building on the ﬁndings of Albert Pick. To ﬁnd out more write to Dr Winfried Frühwald, Gaisbergstraße 18, 5020 Salzburg, Austria.

Coin news

Banknote feature

JONATHAN CALLAWAY

THE FALKLAND ISLANDS AND THEIR BANKNOTE ISSUES

HE Falklands Islands had had a confused and chequered history before some order was created out of chaos in 1833 when the British established a permanent settlement. The islands had previously been conquered, abandoned and reconquered in successive occupations by the French, Spanish, Argentines and British until that turning point.

They were first discovered by the English navigator, John Davis in 1592 but not explored until 1690 by another Englishman, John Strong, who named the islands after the then Treasurer of the Navy, Viscount Falkland. The islands were not inhabited until 1764 when some French sailors from St. Malo first colonised them, hence the French name of “Iles Malouines” from which the Spanish name “Islas Malvinas” derived. The French were thrown out by the Spanish in 1766 and for a time both they and the British established colonies at opposite ends of the islands. In 1774 the British abandoned their settlement, leaving the islands to the Spanish until 1811 when the revolutions in South America started. For a time the islands were unoccupied, then the Argentines came, and then, in 1833 the British reappeared and formally took sovereignty although this was never recognised by Argentina. The Falkland Islands Company was founded in 1851 primarily to exploit the wild cattle descended from herds imported by the French. Subsequently sheep farming becomes the basis of the islands’ economy. By 1892, when the Falklands were formally granted the status of a colony, a population of some 2,000 British settlers had become economically selfsupporting. From 1833 there was a period of 150 years of peace apart from the two world wars. Then, on April 2, 1982, the Argentines invaded and reclaimed possession of the islands. This action was supported by the majority of Latin American states despite condemnation by the United Nations. Britain acted decisively and after a brief but bloody conflict in which 655 Argentines and 255 British lives were lost retook the islands by force on June 14 that year. The USA, while strictly neutral, provided vital logistical support and although peace has since prevailed the Argentine government has not renounced its claim and the issue of sovereignty remains unresolved in international law. Hostilities were only formally ended in 1995 when an agreement between Britain and Argentina also allowed offshore oil exploration to commence. The population has scarcely varied since 1900 and is about 2,200 today. The islands have the status of a British Overseas Territory and are governed by an elected Legislative Council reporting to the Governor. He in turn is appointed by the British Government and acts as the Queen’s official representative. The banknote story of the islands is much briefer and more straightforward. The first notes issued by the Government of the Falkland Islands are dated 1899 and all are extremely rare. The notes were very simple designs and were issued for 5 shillings, 10 shillings, £1 and £5. These notes and all subsequent issues were designed and engraved by Thomas De La Rue & Co.

Coin news

In 1921 a new issue was introduced with a left-facing portrait of George V on the right hand side of the notes. Denominations were the same although the 5 shilling note was dropped. With design changes made only to reflect the accession of a new monarch, this series stayed in use until 1982. The main features of the 10 shilling note are in brown on a grey background, the £1 dark blue on olive green and the £5 red on olive green. On all the notes, the signatures are those of the Currency Commissioner. The very earliest notes had two signatures but from 1932 only a single one is used. George V notes are also extremely rare but collectors will find it easier to obtain those of his successor, George VI, whose portrait was on the left hand side of the note and facing right. The George VI £5 note, issued only in 1951, is however very seldom offered nowadays. By the time we reach the Queen Elizabeth II issues, on which she appears on the right and facing left, all the notes are readily available though prices for uncirculated ones are climbing, given the enduring popularity of Commonwealth notes and especially those with the Queen’s portrait on them. In 1969, in preparation for decimalisation, the 10 shilling note was replaced with a 50 pence note, making the Falklands only the second issuer of notes of this denomination along with the Isle of Man. £10 notes in dark green on a green/ orange background were introduced in 1975. The third and current issue was introduced in 1983 following liberation from Argentina. The first note to appear was a 150th Anniversary commemorative £5 note in red. A £1 note in blue followed, then a £10 in green, a £20 in brown and in 1990 a predominantly blue multicoloured £50 note. The standardised design features an attractive head and shoulders portrait of the Queen to the right with small vignettes of King Penguins and Sea Lions, the Government Arms and an outline map of the islands. On the reverse are vignettes of Government House, the official residence of the Governor of the Falkland Islands and Christ Church Cathedral in Stanley. Note issue volumes in the Falkland Islands are very low, as one might expect given the very small population. They have however increased following the events of 1983 and the influx of a substantial British garrison but even so remain very modest. For example, the Government estimated in 2010 that annual usage of £10 notes was about 17,000 and £20 notes about 15,500 while stocks of £5 notes were sufficient to last another 14 years. These estimates came when they decided to order an additional 200,000 £10 notes and the same number of £20 notes, all to be dated “1st January 2011” and numbered from B 000001 to B 200000. The new notes will not be issued until existing stocks run out. It seems issuance of £1 notes has been discontinued and they are now becoming scarce. www.tokenpublishing.com

July 2011

Banknote feature Below is a summary of the note issues of the Falkland Islands Government. FIRST ISSUE 1899–1916 Five Shillings, green Five Shillings, brown Ten Shillings One Pound, blue Five Pounds SECOND ISSUE 1921–82 Date

Preﬁx/Serial Range

Signature

C 00001

Martin/Thompson

C 13834

Craigie-Matthew

Ten Shillings, George VI 19 May 1938

C 32337–C 68075

Malcolm Stewart

Ten Shillings, Elizabeth II 10 April 1960

C 69987–C 85586

L. Gleadell

Fifty Pence, Elizabeth II 25 September 1969 20 February 1974

D 01816–D 19563 D 21459–D 69014

L. Gleadell H. T. Rowlands

C 00001

Martin/Thompson

C 31336–C 32649

Craigie-Matthew

One Pound, George VI 19 May 1938

C 88224–E 12867

Malcolm Stewart

One Pound, Elizabeth II 2 Januaryt 1967 20 February 1974 1 December 1977 1 January 1982 15 Jun 1982

E 36214–E 73991 E 74056–E 123989 F 00018–F 49614 F 55316–F 99430 G 01515–G 73357

L Gleadell H. T. Rowlands H. T. Rowlands H. T. Rowlands H. T. Rowlands

Five Pounds, George V 1 February 1921 10 February 1932

C 00001 Craigie-Matthew

Martin/Thompson

Five Pounds, George VI 20 February 1951

C 05080–C 10124

Richard Rogers

Five Pounds, Elizabeth II 10 April 1960 30 January 1975

C 34033–C 62043 C 62403–C 104608

L. Gleadell H. T. Rowlands

Ten Pounds, Elizabeth II 5 June 1975 1 January 1982 15 June 1982

A 00001–A 32376 A 57111–A 99999 B 00001–B 61531

H. T. Rowlands H. T. Rowlands H. T. Rowlands

Ten Shillings, George V 1 February 1921 10 January 1927 10 February 1932

One Pound, George V 1 February 1921 10 January 1927 10 February 1932

THIRD (CURRENT) ISSUE 1983 to date Date Highest preﬁx/serial

Signature

One Pound 1 October 1984

A 188584

H. T. Rowlands

Five Pounds, 150th Anniversary 14 June 1983

A 199412

H. T. Rowlands

B 056016

Howatt/Lyse/

Ten Pounds 1 September 1986

A 182505

H. T. Rowlands

Twenty Pounds 1 October 1984

A 171326

H. T. Rowlands

Fifty Pounds 1 July 1990

A 012071

unidentiﬁed

Five Pounds, new issue 14 June 2005 Eccles

George VI 10/- note.

Queen Elizabeth II 50 pence note.

This QEII £1 is one of the few with six digit serial numbers.

The now very scarce George VI £5 note.

The 1982 £10 note was only in circulation a short time.

July 2011

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Coin news

Banknote feature

The 1984 3rd Issue ÂŁ1 note is no longer being issued.

The 150th Anniversary ÂŁ5 note.

The ďŹ rst and only ÂŁ50 note to be issued in the Falkland Islands

The common reverse design of the 3rd Issue notes. The colour combinations are identical on the ÂŁ1 and ÂŁ50 notes but the reverses on the other denominations follow the predominant colour of the obverses.

â&#x20AC;&#x153; . . . The Falklands Islands had had a confused and chequered history before some order was created out of chaos in 1833 when the British established a permanent settlement . . . â&#x20AC;?

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Coins, Medals, Banknotes Bought, Sold & Exchanged

Clive Dennett Coins Established 1970

www.clivedennettcoins.co.uk 66 St Benedictâ&#x20AC;&#x2122;s St., Norwich, NR2 4AR Tel/Fax: 01603 624315 Shop closed on Thursdays

WORLD BANKNOTES Dealers write for wholesale list Worldâ&#x20AC;&#x2122;s largest stock â&#x2DC;&#x2026; â&#x2DC;&#x2026; â&#x2DC;&#x2026; EDUCATIONAL COIN COMPANY Box 892 HIGHLAND, NEW YORK 12528, USA Tel: 845-691-6100

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July 2011

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Coin news

LATEST ISSUES By our banknote correspondent, TREVOR WILKIN

PHILIPPINES

Appearing in December 2010 is a new series of notes of 20, 50, 100, 200, 500 and 1,000 pesos by Bangko Sentral ng Pilipinas (BSP). Just to confuse the picture, a modified old style 200 P appeared to commemorative the 400th anniversary of the University of Santo Tomas on January 21, 2011 in Manilla or to give its full name the Pontifical and Royal University of Santos Tomas. It is the oldest extant university in Asia and the largest in the Philippines. Overall, the notes are brighter than those they replace yet the basic colour is retained. Whilst the portraits are kept for each denomination, younger images are used. There is always an exception and this arises with the 500 P on which Corazon Aquino joins her husband, Benigno. Past presidents from self-government in 1935 to virtually the modern day appear in one way or another on the notes with the exception of the 1000 P. Historically, the president is a signatory to the note issue along with the governor of the central bank. Geographic features, a national map and examples of indigenous fauna are shown on the back. Unfortunately the odd error crept into the design including the omission of part of the northern most province of Batanes. Future print runs will see rectification. Presidents from self-government to independence in 1946 appear on the orange 20 P (Manuel Quezon in office from 1935 to 1944), the red 50 P has Sergio Osmena (1944–45) and on the purple 100 P is Manuel Roxas (1945–48). Each strove for a Philippines independent of United States administration and dealt with the problems of an occupied Philippines in WWII in a government in exile. Osmena and Roxas worked for a smooth transmission to independence in the immediate post-war environment. Dating back over 2,000 years, the Banaur Rice Terraces are on the back of the 20 P along with a palm civet, a cat-like creature famous for producing the highly sought after civet coffee by passing coffee beans through its digestive system. Taal Lake in the crater of an extinct volcano just south of Manilla is on the back of the 50 P along with the maliputo fish unique to the lake Mt. Mayon, the most active volcano in the land, appears on the back of the 100 P. A whale shark found in the nearby coastal waters is also shown. Mt. Mayon appeared on the front of the several 20 P notes dating back to 1908. For the green 200 P, we have Diosdado Macapagal (president from 1961–65). Ferdinand Marcos, who succeeded him, was his vice president for a number of years. His daughter, Gloria Macapagal-Arroyo became president in 2001 completing the unexpired term of the disgraced Joseph Estrada (who introduced the practice of having the signatory’s name printed on each note) and who was subsequently re elected in her own right stepping down in 2010 after two full terms. There is a small image of her swearing-in ceremony when she replaced Estrada creating an unusual father and daughter double. On the back are the Bohol Chocolate Hills some 1,300 similarly rounded hills up to 50 metres high, so named because their green grass turns brown at the end of summer. If the 200 P is an unusual family combination, the 500 P is most likely unique in the world of banknotes and is bordering on the bizarre. Originally introduced in 1987 when Corazon Aquino was president, it honours her husband Benigno who was leader of the opposition in the days of the Marcos presidency and who is believed to have been assassinated on his orders in 1983. Marcos was ultimately overthrown by the People Power Movement founded by Benigno when he was imprisoned on trumped charges. Corazon Aquino followed Marcos as president in 1986 and she joins her husband on the new yellow 500 P. Not only that, but also their son Benigno Aquino III is now president and signs the note. All major personalities depicted on this series have their name printed underneath, and for this note the three have their names either under their portrait or as signatory. On the back is the Puetro Princesca Subterranean River National Park. It is home of the featured Blue Napped parrot. Three martyrs under WWII Japanese occupation appear on the blue 1000 P—Jose Santos acting president when Quezon relocated to the USA who formed a Government in Exile, Vincent Lim Chief of Staff of the Philippine Army under Macarthur when war broke out and Josefa Ecsoda, suffragette and founder of the Girl Scouts of the Philippines. Santos and Lim were most certainly executed by the Japanese and Escoda disappeared in a prisoner of war camp, presumed also to have been executed. On the back is Tubbataka Reefs National Park, a marine wonderland and a UNESCO World Heritage Site. Whilst uninhabited it is a popular diving site. A South Sea pearl from oysters which abound in the reefs is also shown.

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July 2011

Banknote prices

New 7th Edition now available

Price guide to: Provincial Bank of Ireland Ltd and Ulster Bank Ltd 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. F

PROVINCIAL BANK OF IRELAND LTD ONE POUND NI.701a Signatory: Hume Robertson Prefix N dated 6.5.1929 and prefix N/A dated 1.8.1930 ..................................................................... £250 £550 NI.701b Signatory: F. S. Forde Prefix N/A dated 1.2.1932 to prefix N/B dated 1.6.1934 ..................................................................... £250 £550 NI.702a Signatory: F. S. Forde Prefix N/C dated 1.8.1935 and 2.11.1936 ....................... £180 £300 NI.702b Signatory: G. A. Kennedy Prefix N/D dated 1.9.1937 to prefix N/J dated 1.5.1946 ....................................................................... £65 £120 NI.703a Signatory: G. A. Kennedy Prefix N/J dated 1.5.1946.......................................................... Rare These notes were not issued. A few un-numbered specimen notes are known. NI.703b Signatory: H. W. M. Clarke Prefix NJ and NK dated 1.9.1951 ............................................. Rare These notes were not issued. A few un-numbered specimen notes are known, as well as a few numbered notes with prefix NJ.

NI.722 NI.723

Signatory: G. A. Kennedy Preﬁx N dated from 10.10.1938 to 10.4.1946 .................. £280 £480 Signatory: H. W. M. Clarke ......................................................... Preﬁx N dated 10.1.1948 ................................................... £220 £450

EF UNC

£75 — £35 — £35 —

NI.712a Signatory: F. S. Forde Prefix N dated 5. 8.1935 and 5.5.1936 ............................. £500 NI.712b Signatory: G. A. Kennedy Prefix N/A dated 5.5.1938 to prefix N/B dated 5.4.1946 ..................................................................... £170 NI.713 Signatory: H. W. M. Clarke Prefix N/B dated 5.1.1948 ........................................................ Prefix NB dated 5.12.1949 to 5.4.1952 ............................... £85 rprint with a cameo at the centre NI.714a Signatory: N. J. Shaw Prefix CN dated from 5.10.1954 to 5.5.1959 ...................................... £80 (printed by Waterlow & Sons Limited) NI.714b Prefix DN dated from 5.7.1961 to 6.12.1965 ..................... £80 (printed by Thomas de la Rue & Co. Ltd.)

NI.732

NI.741

£320 Rare £170 £140 £140

£75 —

EF UNC

Signatory: F. H. Hollway (Manager) Prefix SN dated 1.3.1981 ................................................... £220 £350 Prefix ZY—replacement note ...................................Probably exists ONE HUNDRED POUNDS Signatory: F. H. Hollway (Manager) Prefix TN dated 1.3.1981. .................................................. £700 — Prefix ZY—replacement note ...................................probably exists

ULSTER BANK LTD NI.801

£850

EF UNC

Signatory: J. G. McClay Prefix DN dated 5.1.1968 to prefix ON dated 5.1.1972. ...................................................................... £45 Prefix ZZ—replacement note ........................................... £200

FIVE POUNDS NI.711a Signatory: Hume Robertson Preﬁx N dated 6.5.1929 ..................................................... £350 £650 NI.711b Signatory: F. S. Forde Preﬁx N dated 5.10.1933 ................................................... £400 £800

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TEN POUNDS NI.721a Signatory: Hume Robertson Preﬁx N dated 6.5.1929 ............................................................. Rare NI.721b Signatory: F. S. Forde Preﬁx N dated 10.12.1934 ................................................. £250 £450

TWENTY POUNDS NI.731a Signatory: Hume Robertson Preﬁx N dated 6.5.1929 ............................................................. Rare NI.731b Signatory: G. A. Kennedy Preﬁx N dated 20.4.1943 and 20.11.1944 ......................... £280 £450

Signatory: J. G. McClay Prefix LN dated 1.1.1968 to prefix UN dated 1.1.1972 ....................................................................... £40 Prefix ZZ – replacement note. .......................................... £120 NI.706a Signatory: J. G. McClay (Manager) Prefix PN dated 1.1.1977. .................................................... £22 Prefix ZY – replacement note ............................................. £90 NI.706b Signatory: F.H. Hollway (Manager) Prefix PN dated 1.1.1979. .................................................... £20 Prefix ZY – replacement note ............................................. £90

July 2011

£85 —

£90 —

NI.715

NI.716a Signatory: J. G. McClay (Manager) Prefix QN dated 1.1.1977 .................................................... £55 Prefix ZY—replacement note ........................................... £150 NI.716b Signatory: F.H.Hollway (Manager) Prefix QN dated 1.1.1979 .................................................... £50 Prefix ZY—replacement note ........................................... £140

NI.724a Signatory: J. G. McClay (Manager) Prefix RN dated 1.1.1977..................................................... £75 £125 Prefix ZY—replacement note. .......................................... £180 — NI.724b Signatory: F. H. Hollway (Manager) Prefix RN dated 1.1.1979 and 1.1.1981 .............................. £70 £125 Prefix ZY—replacement note. .......................................... £180 —

NI.704a Signatory: N. J. Shaw Prefix KN dated 1.3.1954 to prefix LN dated 1.10.1954 ................................................................... £160 £300 (printed by Waterlow & Sons Limited) NI.704b Prefix LN dated 1.12.1965 ................................................. £130 £220 (printed by Thomas de la Rue & Co. Ltd.) NI.705

EF UNC

NI.802 NI.803

ONE POUND Handsigned No prefix letters—dated 1.3.1926, 1.6.1927, 1.12.1927 (and possibly others) ................................................................. Rare The rubber stamp was probably applied to any notes dated prior to 1929 which passed through the Ulster Bank branch network in Northern Ireland. Handsigned No prefix letters—dated from 6.5.1929 to 1.1.1934.............................................................................. £85 £140 Handsigned No prefix letters—dated from 1.1.1935 to 1.2.1938.............................................................................. £65 £120

NI.804a Handsigned No prefix letters—dated 1.9.1939, and Prefix A dated 1.9.1939 and 1.1.1940 ................................. £90 £160 NI.804b Signatory: J. R. Williams No serial number dated 1.1.1948—specimen only. ............................................... Rare Prefix A dated 1.5.1956 ........................................................ £80 £145

Coin news

Banknote prices EF UNC NI.805

Signatory: J. J. A. Leitch No prefix letters—dated 4.10.1966. ................................... £30 NI.806a Signatory: A. E. G. Brain (Chief Executive) Prefix A dated 15.2.1971 ...................................................... £55 NI.806b Signatory: R. W. Hamilton (Chief Executive) Prefix A dated 1.3.1973 and 1.3.1976 ................................. £15

£25

NI.811 NI.812

FIVE POUNDS

£50 £95

Handsigned No preﬁx letters – dated 6.5.1929 to 1.1.1934 ................ £110 £190 Handsigned No preﬁx letters—dated 1.1.1935 to 1.10.1937 ............... £110 £190

NI.813a Handsigned No prefix letters—dated from 1.2.1939 to 1.1.1943.............................................................................. £90 £180 NI.813b Signatory: J. R. Williams No prefix letters—dated 1.5.1956 .................................... £100 £200 NI.814 Signatory: J. J. A. Leitch No prefix letters—dated 4.10.1966. ................................. £150 £300

EF UNC

NI.815a Signatory: A. E. G. Brain (Chief Executive) Prefix B dated 15.2.1971. ................................................... £100 £180 NI.815b Signatory: R. W. Hamilton (Chief Executive) Prefix B dated 1.3.1973 to 1.3.1977..................................... £40 £70 NI.815c Signatory: V. Chambers (Chief Executive) Prefix B dated 1.10.1982 to prefix C dated 1.2.1988 ....................................................................... £35 £65 NI.816 Signatory: D. Went (Chief Executive) Prefix D dated 1.12.1989 to prefix G dated 4.1.1993£20 ................................................................. £30 Prefix Z—replacement note......................................Probably exists NI.817 Signatory: M. J. Wilson (Group Chief Executive) Prefix A dated 1.7.1998 to prefix C dated 1.1.2001 ....................................................................... £12 £20 Prefix Z—replacement note................................................ £25 £45

NI.821 NI.822

NI.823 NI.824

TEN POUNDS

Handsigned No preﬁx letters—dated 1.6.1929 to 1.5.1933 ................. £120 £240 Handsigned No preﬁx letters—dated 1.5.1936. ................................... £250 £450

Handsigned No preﬁx letters—dated from 1.2.1939 to 1.1.1948............................................................................ £130 £270 Signatory: J. J. A. Leitch No preﬁx letters—dated 4.10.1966. ......................................... Rare

EF UNC

NI.825a Signatory: A. E. G. Brain (Chief Executive) Prefix C dated 15. 2.1971 ................................................... £400 £750 NI.825b Signatory: R. W. Hamilton (Chief Executive) Prefix C dated 12.11.1972 to 2.6.1980. ............................... £65 £110 NI.825c Signatory: V. Chambers (Chief Executive) Prefix C dated 1.10.1982 to prefix D dated 1.2.1988 ....................................................................... £50 £80 NI.825d Signatory: D. Went (Chief Executive) Prefix D and prefix E dated 1.12.1989 ............................... £40 £65 NI.826 Signatory: D. Went (Chief Executive) Prefix F to prefix H dated 1.12.1990. ................................. £35 £60 prefix Z—replacement note—............................................ £75 £120 NI.827a Signatory: R. D. Kells (Group Chief Executive) Prefix A and Prefix B dated 1.1.1997 ................................. £22 £35 Prefix Z—replacement note................................................ £45 £75 NI.827b Signatory: M. J. Wilson (Group Chief Executive) Prefix B and prefix C dated 1.7.1999 ................................... — £30 Prefix Z—replacement note................................................ £40 £60

EF UNC NI.827c Signatory: L. McCarthy (Group Chief Executive) Prefix C dated 6.1.2004 to prefix E dated 1.1.2006 ......................................................................... — Prefix Z—replacement note................................................ £30 NI.828 Signatory: L. McCarthy (Group Chief Executive) From prefix E5000001 dated 1.1.2007 .................................. — Prefix Z—replacement note................................................ £25

NI.831

TWENTY POUNDS

£25 £50 £20 £40

Handsigned No preﬁx letters—dated 1.6.1929 .................................... £200 £400

NI.832

Handsigned No prefix letters—dated from 1.3.1941 to 1.1.1948............................................................................ £300 £600 NI.833a Signatory: J. J. A. Leitch No prefix letter – dated 1.7.1970 ...................................... £450 — NI.833b Signatory: A. E. G. Brain (Chief Executive) Prefix D dated 15.2.1971 ................................................... £350 £600

EF UNC

NI.833c Signatory: R. W. Hamilton (Chief Executive) Prefix D dated 1.3.1976 and 2.6.1980. .............................. £100 NI.833d Signatory: V. Chambers (Chief Executive) Prefix D dated 1.10.1982 to 1.2.1988. ................................. £80 NI.834 Signatory: D. Went (Chief Executive) Prefix E and prefix F dated 1.11.1990 ................................ £65 NI.835a Signatory: R. D. Kells (Group Chief Executive) Prefix A and prefix B dated 1.1.1996 ................................. £48 Prefix Z—replacement note.............................................. £100 NI.835b Signatory: M. J. Wilson (Group Chief Executive) Prefix B dated 1.7.1999 to prefix D dated 1.7.2002 .......... £38 Prefix Z—replacement note................................................ £75 NI.835c Signatory: C. McCarthy (Group Chief Executive) Prefix D dated 6.1.2004 to prefix F dated 1.1.2006 ............ — Prefix Z—replacement note................................................ £65 NI.836 Signatory: C. McCarthy (Group Chief Executive) Prefix F dated 1.1.2007 to prefix H dated 1.1.2008 and ongoing............................................................................ — Prefix Z—replacement note................................................ £45

NI.841 NI.842

NI.843 NI.844

NI.851

FIFTY POUNDS

£180 £140 £90 £75 £150 £50 £120 £40 £100 £40 £65

Handsigned No preﬁx letters—dated 1.6.1929 .................................... £300 £550 Handsigned No preﬁx letters—dated 1.3.1941 and 1.1.1943 ............. £200 £400

EF UNC

Signatory: V. Chambers (Chief Executive) Prefix E dated 1.10.1982. ................................................... £160 £250 Signatory: R. D. Kells (Chief Executive) Prefix D dated 1.1.1997 ....................................................... £95 £120 Prefix Z—replacement note.............................................. £140 £200 ONE HUNDRED POUNDS

Handsigned No prefix letters—dated 1.6.1929 .................................... £450 750 NI.852 Handsigned No prefix letters—dated 1.3.1941 and 1.1.1943 ............. £350 £550 NI.853a Signatory: R. W. Hamilton (Chief Executive) Prefix F dated 1.3.1973 and 1.3.1977................................ £450 £850 NI.853b Signatory: V. Chambers (Chief Executive) Prefix E dated 1.10.1982. ................................................... £400 £650 NI.854

EF UNC

Signatory: D. Went (Chief Executive) Preﬁx G dated 1.12.1990.................................................... £350 £480

Coming next month:

Price guide to Bank of Scotland £1 and £5 notes 72

Coin news

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July 2011

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Fair Preview

Get set for York

OU can do your bit for the recession this year by not holidaying abroad and instead coming to the York Coin Fair and spending your money in the UK! The York Coin & Stamp Fair takes place on July 15–16 at The York Racecourse Grandstand, commencing at 11am on the Friday, the day closes at 6pm ready to commence trading on Saturday at 10am (closing at 4pm). Parking at the venue is free and there are excellent catering arrangements including a public bar. The ancient and beautiful city of York must surely be one of the most historical cities in England with much to delight the visiting tourist. There are hotels to suit every budget with seasonal “deals” on offer if you phone around or go on-line. The coin fair itself is held over two whole ﬂoors and brings together dealers from all aspects of the hobby from ancient coins to modern issues, banknotes to tokens and even military medals. The Token Team will, as always, be in attendance to accept subscription renewals, provide a wide range of numismatic titles to choose from as well as offer an extensive range of coin and banknote accessories. To help in purchasing

one of our wide range of products, we are giving every reader a £2 gift voucher (see below) which you may redeem on any product on our stand at the show. We will also be offering a number of “last chance to buy” books and accessories so there will certainly bargains to be had at the Token stand. There is just so much numismatic knowledge in the room that the fair also provides a great opportunity to take along any coin or medal that me be proving a bit of a mystery to you. Simply call at our stand and if we can’t help you, we will most certainly know who can. So come along to the beautiful City of York to enjoy the very special and friendly atmosphere of this popular show and maybe, just maybe, you might ﬁnd that missing coin, medal or banknote you have been seeking for so long or, indeed, why not treat yourself to a new catalogue or coin album—there is certainly no reason to go home empty handed. Below is a list of the dealers attending. See you there! (Please note some dealers may have departed by 2pm on the Saturday).

Dealers in attendance Alex Anderson A. H. Baldwin & Son Ltd AMR Coins Bonhams Michael Beaumont Lloyd Bennett E. J. & C. A. Brooks Cambridge Coins David Craddock Paul Davies Ltd Dix, Noonan & Webb C. J. & A. J. Dixon Ltd DRG Coins B. Frank & Son GM Coins Richard Gladdle

Coin news

Ian Gradon Tony Hall A. Halse John Harvey David Headon KB Coins Knightsbridge Coins Lockdale Coins London Coins Michael McAndrew Tim Millett Nigel Mills Moore Antiquities Simon Monks Peter Morris Roger Outing

John Phillpots Mark Rasmussen Paul Revell Roderick Richardson Fred Rist Colin Rumney Saltford Coins Scot Mint David Seaman Dr W. Seese Simon Shipp—Den of Antiquity Eddie Smith Spink & Sons Ltd Studio Coins Lee Toone

David Turner Valelink Victory Coins Mike Vosper Weighton Coin Wonders Pam West—British Notes West Essex Coin Investments Also members of the Yorkshire Numismatic Society The British Banking History Society . . . and, of course, the Token Team will be there too!

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July 2011

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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: â&#x20AC;˘ Gold Proof Coins & Sets â&#x20AC;˘ Silver Proof Coins & Sets â&#x20AC;˘ Gold & Silver Bullion Coins â&#x20AC;˘ Royal Mint Collectors Pieces â&#x20AC;˘ 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.

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.

Website: www.atsbullion.com July 2011

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Coin news

www.tokenpublishing.com

July 2011

Ten token history

Dear Editor I am hoping that some of your readers may be willing to assist I the preparation of my next talk to Token Congress. The talk is loosely (very) entitled: “A History of the World in Ten Tokens” and takes its inspiration from Neil Macgregor’s superb Radio 4 series and book, “A history of the world in 100 objects”, which described some very remarkable objects in the collection of the British Museum and explained their impact on the history of the world. Coins and tokens were among the objects, e.g. item 95 was an Edward VII penny countermarked “Votes for women” and that is very likely to get into my top ten. One obvious difficulty with my project is that tokens do not span the entire history of the world in the same way that the BM collection of objects does but I am not deterred: even if my history spans only the last few hundred years it will be A BIT OF FUN!! So I am inviting fellow token enthusiasts to make their suggestions for items that should go into the top ten tokens that either reflect important aspects of history or had an impact themselves on the course of events. A brief explanation or justification would be helpful as would a photograph if you have one to save me searching (especially if it is an obscure token hard to find). I will then use your suggestions to create the top ten: if lots of people suggest the same token then it will make a strong claim but equally one person might make a case for a much less well known example which justifies its inclusion. Humorous and serious suggestions equally welcome!

Letters to the Editor 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.

All contributions will be acknowledged. Please email me at: a.wager@talk21.com. Andrew Wager Hopefully a version of the ﬁnished paper will appear as an article in COIN NEWS sometime in the autumn.—ED.

Identity parade Dear Editor

Lost city

Dear Editor As a reader of COIN NEWS for a number of years now, I have learned a lot about numismastics, history and GEOGRAPHY. However on reading the April issue of your wonderful publication I found our Society given the name “Glasgow and West of England Numismatic Society” in your Societies Column. I checked the date and it was not April Fool’s Day and wondered. I know that my home city of Glasgow is expanding rapidly, but did not fully realise the extent of this progress. However, by way of an olive branch, if any of your readers are in Glasgow during our Society’s session (October to April) they would be made most welcome to visit us. We may even make them an Honorary Scot. Yes, we can be as cruel as that. Keep up the good work. Jim Forsyth President Glasgow and West of Scotland Numismastic Society

ABC Coins and Tokens

I enclose a rubbing of a Swedish brass token bought recently by post with other coins. While it is obviously a 10 ore token it is not clear what its use might have been. The obverse carries the words VINSTPOLET and some geometric designs. The reverse carries the figure 10 plus three tower-like structures with four stars in the upper field, in the lower field is the name TIVOLI and beneath that GRONALUND under which it reads STOCKHOLM. Can any reader identify this token, what it was used for and the date of issue? E. J. Williams If you have a coin that is baffling you send us an image and we will do our best to identify it.

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

Paul Davis Birmingham Ltd DEALERS IN OLD GOLD AND SILVER COINAGE

0121 427 7179

P. O. BOX 418 BIRMINGHAM B17 0RZ July 2011

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Coin news

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Coin News

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July 2011

DEALERS LISTS EACH month a bewildering selection of lists are offered by dealers featuring all aspects of the hobby. To help collectors decide which lists are of interest to them and to save valuable time and frustration on the part of the dealer, we give a brief review of the lists seen (and the inland price where applicable). When sending for lists a large S.A.E. is always appreciated. Dealers: we are happy to include lists received from advertisers, free of chargeâ&#x20AC;&#x201D;a nominal charge of ÂŁ5 per issue is requested from non-advertisers. AIREDALE COINS, PO Box 7, Bingley, West Yorkshire BD16 1XU. Modern coins. ANCIENT & GOTHIC, PO Box 5390, Bournemouth, BH7 6XR. December List No. 264â&#x20AC;&#x201D;Coins and antiquities. A. H. BALDWIN & SONS LTD., 11, Adelphi Terrace, London WC2N 6BJ. Fixed pice coin list. ARGHANS, U n i t 9 , Ca l l i n g to n Business Park, Tinners Way, Moss Side, Callington, Cornwall PL17 7SH. April list of world banknotes. STEPHEN J. BETTS, 4, Victoria Street, Narborough, Leicester LE19 2DP. List T&M 26 world coins. BARRY BOSWELL, 24 Townsend Lane, Upper Boddington, Daventry, N o r t h a n t s N N 1 1 6 D R . Wo r l d Banknotes. JAMES & C. BRETT, 17 Dale Road, Lewes, Sussex BN7 1 LH UK. Yellow list 11â&#x20AC;&#x201D;26pp of world coins. STEVE BURKINSHAW, 19 Oak Lodge Road, High Green, SheďŹ&#x192;eld 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 3JL. â&#x20AC;&#x153;The Phoenixâ&#x20AC;?. Large newspaper-style list of coins, banknotes, books, etc. COINS HISTORIC, PO Box 5043, Lower Quinton, Stratford upon Avon CV37 8WH. Email: sales@coinshistoric. co.uk. Catalogue No. 1 of ancient coins available. CO L I N CO O K E, P O B ox 6 0 2 , 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.

IAN DAVISON, PO Box 256, Durham DH1 2GW. 18pp list availableâ&#x20AC;&#x201D; Hammered and milled coins dating from 1066â&#x20AC;&#x201C;1910. D E I G R AT I A , P O B o x 3 5 6 8 , 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 256â&#x20AC;&#x201D;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 listâ&#x20AC;&#x201D;world paper money. ANTHONY HALSE, PO Box 1856, Newport, S. Wales NP18 2WA. Spring Listâ&#x20AC;&#x201D;12 pp of English, foreign coins and tokens. MUNTHANDEL.G.HENZEN, Postbus 42, NL-3958 ZT Amerongen. Tel: +31 (0) 343-430564. Email: info@henzen. org. List 223, world coins. List 216, Dutch coins. ALVIN HOUSE, 4 Carpentersâ&#x20AC;&#x2122; 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 90: Hammered, milled, modern. DMITRI KHARITONOV, Gen. Janouska 900, 19800 Praha 9, Czech Republic. Email: kharitonov@volny.cz. Russian banknotes.

FRITZ RUDOLF KĂźNKER, MĂźnzenhandlung Gutenbergstrasse 23, 49076 OsnabrĂźck. List No. 195. World coins, ancient to modern. K & M CO I N S P O B ox 3 6 6 2 , 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 (ÂŁ10, 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 NARBE TH & 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. 50. 18pp 19th/20th c. English coins. ROGER OUTING, PO Box 123, Clayton West, Huddersfield HD8 9WY. List 18â&#x20AC;&#x201D;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 20â&#x20AC;&#x201D;English/ world coins. RODERICK RICHARDSON, The Old Granary Antique Centre, Kingâ&#x20AC;&#x2122;s Staithe Lane, Kingâ&#x20AC;&#x2122;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 117 16pp of Celtic coins. Lizâ&#x20AC;&#x2122;s List No. 51â&#x20AC;&#x201D;Celtic coinsâ&#x20AC;&#x201D;all under ÂŁ200. 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 COLLECTORâ&#x20AC;&#x2122;S BAY, 18 Ross Road, Wallington, Surrey SM6 8QB Tel: 0775 925 3127. List of 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. (June) 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 21â&#x20AC;&#x201D;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. May listâ&#x20AC;&#x201D; coins, tokens, and medallions. TIM WILKES, PO Box 150, Battle TN33 0FA. List No. 12, 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.

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July 2011

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Coin news

FAIRS/EVENTS

Diary dates DATE

EVENT

July (every Saturday) July 2 July 3

Charing Cross Marketâ&#x20AC;&#x201D; Coins, Stamps and Collectables Coin Fair Wolverhampton Coin Fair South Coast Coin & Medal Show Coin and Collectables Fair Coin and Collectables fair Coin and Collectables Fair Midland Coin Fair

July 6 July 9

July 10

VENUE

July 14 Collectors Fair July 15â&#x20AC;&#x201C;16 York Coin Fair July 16

Little Clacton Coin & Stamp Fair Coins and Collectables Fair Michael Hale Collectors Fair Wakefield Coin, Medal & Banknote Fair

July 17 July 23

AUCTIONS

July 31

DATE

CONTACT

1 Embankment Place, London (opposite Embankment Tube Station)

( 01483 281 771

Bloomsbury Hotel, Great Russell Street, London Social Club, Church Road, Bradmoor, Wolverhampton The Pavilion, Southampton University, Wide Lane Sports Grounds, Eastleigh, Hants Stowmarket Football Club, Bury Road, Stowmarket Large Parish Hall, De La Warr Road, East Grinstead City Hall, Cardiff

LINDA MONK FAIRS ( 020 8656 4583 ( 07971 950246

National Motorcycle Museum, Bickenhill, Birmingham The Guildhall, Plymouth The Grandstand, York Racecourse, York

( 01694 731781 (Mike Veissid)

Youth & Community Centre, Parish Fields, Plough Corner, Harwich Road, Clacton The Maltings, Ship Lane, Ely, Cambridgeshire America Hall, De La Rue Way, Pinhoe, Exeter Cedar Court Hotel, Denby Dale Road, Calder Grove, Wakefield

AUCTION

( 07890 764452 (Rick Coleman) CLICKCOLLECT ( 01485 578118 (David James) ( 01342 326317 ( 01792 415293

( 01749 813324 ( 020 8946 4489. or 01425 656459, : www.stampshows.net ( 01255 862087 CLICKCOLLECT ( 01485 578118 (David James) ( 01761 414304 ( 01522 644681 (Eddie Smith)

LOCATION

July 5â&#x20AC;&#x201C;7 July 10

Sale 308: World Coins Auction 106: Coins, Banknotes, Medals, Militaria etc.

Melbourne Ipswich

July 13 July 22

Commemorative Medals Antiques and Collectables

July 27

Medals, Coins and Banknotes

London Newent, Gloucestershire London

CONTACT DOWNIES (+ 61 3 8456 8432 LOCKDALES (01473 218588 :www.lockdales.com DNW (020 7016 1700 :www.dnw.co.uk SMITHS (01531 821776 :www.smithsnewentauctions.co.uk BONHAMS (020 7 :www.bonhams.com

FAIR ORGANISERSâ&#x20AC;&#x201D;please send your dates for the diary page to abbey@tokenpublishing.com, giving at least two monthsâ&#x20AC;&#x2122; notice, thank you! FURTHER INFORMATIONâ&#x20AC;&#x201D;as details can change after we have gone to press, please check times etc. with organisers before setting off on your journey.

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Coin News

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July 2011

The Largest Monthly Coin, Medal & Banknote Fair in the Country

The Midland Coin Fair

NATIONAL MOTORCYCLE MUSEUM Bickenhill, Birmingham, B92 0EJ Opposite the NEC on the M42/A45 junction. Free parking. Refreshments Second Sunday of EVERY Month 10.00 am to 3.30 pm Admission Â£2 Running continuously for over 25 years!!

July 10th

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August 14th

All enquiries to Mike Veissid

Midland Coin Fair Hobsley House, Frodesley Shrewsbury, SY5 7HD Tel: 01694 731781

www.coinfairs.co.uk

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July 2011

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Coin News

Diary dates SOCIETIES

DATE

VENUE

SUBJECT/EVENT

July 2

The National Museum of Wales, Cardiff

July 4

Abbey Baptist Church, Abbey Square, Reading Please call for venue details

July 5

July 7

July 12 July 14 July 15 July 18 June 20

St. Martinâ&#x20AC;&#x2122;s Church Hall, Erith Road, Barnehurst, Bexleyheath, Kent Fairtykes Arts Centre, Billet Lane, Hornchurch

Summer Meeting and talk on â&#x20AC;&#x153;The Value of British NS ( 020 7563 4045 Moneyâ&#x20AC;? â&#x20AC;&#x153;Brown Roman Coinsâ&#x20AC;? by P. Hall Reading Coin Club ( 01753 516390 : www.readingcoinclub.co.uk Society Auction South Wales & Monmouthshire NS ( 02920 561564 â&#x20AC;&#x153;Small Silver Variationsâ&#x20AC;? by Charles Farthing BEXLEY COIN CLUB ( 020 8303 0510

â&#x20AC;&#x153;Entente Cordialeâ&#x20AC;&#x201D;Medals in France and Britainâ&#x20AC;? by Frances Simmons The Edward Wright Room, Beaufort Community The 55th Founders Memorial Lectureâ&#x20AC;&#x201D; Centre, Beaufort Road, Southbourne, â&#x20AC;?Counterfeit Coins of Roman Britainâ&#x20AC;? by Ken Bournemouth Peters The Warburg Institute, Woburn Square, London â&#x20AC;&#x153;London Signs and Tokensâ&#x20AC;? by Robert Thompson The Eagle & Child, Maltkiln Lane, Bispham Green, â&#x20AC;&#x153;The Farthing Tokens of James Iâ&#x20AC;? by John Ormskirk Dawson Wallace Humphrey Room, Shelthorpe â&#x20AC;&#x153;Collecting Interestsâ&#x20AC;?â&#x20AC;&#x201D;Members Evening Community Centre, Loughborough including coin identification and metal detector clinic The Cecil Roberts Room, Central Library, Annual General Meeting Angel Row, Nottingham Fry Social Club, Keynsham. Annual General Meeting Please call for venue details Monthly Meeting Swarthmore College, Woodhouse Square, â&#x20AC;&#x153;The Vale of York Hoardâ&#x20AC;? by G. Williams Leeds The Raven Inn, Poulshot, near Devizes, Wiltshire Social Evening and Trading Session The Friends Meeting House, St Helenâ&#x20AC;&#x2122;s Annual General Meeting Street, Derby Nursery Inn, 258 Green Lane, Heaton Norris, Annual General Meeting Stockport The St James Centre, Stadium Way, Pinhoe, Exeter Society Talk: â&#x20AC;&#x153;Banknotesâ&#x20AC;&#x201D;the Occupationâ&#x20AC;? C. A. B., 19 Tower Street, Ipswich Ipswich NS & Norwich Coin and Medal Society joint meeting plus membersâ&#x20AC;&#x2122; short papers

July 21 Small Hall, Surbiton Library, Ewell Road, Surbiton St Paulâ&#x20AC;&#x2122;s Centre, Chapel Road, Worthing

CONTACT

Members Eveningâ&#x20AC;&#x201D;brief talks on tokens

HAVERING NS ( 07910 124549 Wessex NS ( 020 7731 1702 LONDON NUMISMATIC CLUB ( 07976 156320 : www.londoncoinclub.org.uk ORMSKIRK & WEST LANCS NS ( 01704 531266 LOUGHBOROUGH COIN & SEARCH SOCIETY ( 01509 261352 : www.norwichcoinandmedalsociety.co.uk ( 0115 9257674 Bath and Bristol NS ( 07793 905035 Bedfordshire NS ( 01234 870645 YORKSHIRE NS ( 01977 682263 Wiltshire NS ( 01380 828453 DERBYSHIRE NS ( 01283 223893 South Manchester NS ( 0161 432 2044 Devon & Exeter NS ( 01395 5688830 Ipswich NS ( 01473 728653 or NORWICH COIN & MEDAL SOCIETY ( 01603 408393 www.norwichcoinandmedalsociety.co.uk Kingston NS ( 020 8397 6944

â&#x20AC;&#x153;Re-designing the Silver Coinage in the 1920sâ&#x20AC;? Worthing & District NS ( 01634 260114 by Dr Kevin Clancy Street, â&#x20AC;&#x153;An Innocent Abroadâ&#x20AC;? by Graham Dyer Essex NS ( 01277 656627

July 22 Chelmsford Museum, Moulsham Chelmsford June 27 Please call for venue details â&#x20AC;&#x153;History of Farthingsâ&#x20AC;? by Dave Rayment July 28 Room 301, Sylvia Young Theatre School, 1 Nutford â&#x20AC;&#x153;A Photographic Archive Walk through Place, London Scottish Notesâ&#x20AC;? by Jonathan Callaway and Prof. I. Stevenson July 30 Highfields Community Fire Station, Hassocks Lane, Bi-monthly meeting Beeston

Harrow Coin Club ( 020 8952 8765 IBNS (London Branch) ( 020 8641 3224 IBNS (EAST MIDLANDS CHAPTER) ( 0115 9280347

SECRETARIESâ&#x20AC;&#x201D;please send details of your meetings to abbey@tokenpublishing.com, giving at least two monthsâ&#x20AC;&#x2122; notice Open EVERY Saturday at 1 Embankment Place, London $17,48(6 $1' &2//(&7$%/(6 6$/(

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Coin News

Opposite Embankment Tube Station.

&+$5,1*

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Est 1974

In addition to the Coin Dealers present, there are also stamps and postcards on show. Open 07:30 to 14:30.

Enquiries 01483 281771 E-Mail: rodney@rodneybolwell.wanadoo.co.uk www.tokenpublishing.com

July 2011

WAKEFIELD FAIR COINS, MEDALS, BANKNOTES AND MILITARIA

35,9$7( &2//(&725 5HTXLUHV DQG 3URRI VHWV 81$ DQG 7+( /,21 Â&#x2026;

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Come and see us at our superb venue, Cedar Court Hotel Denby Dale Road Calder Grove, Wakefield WF4 3QZ At Junction 39 off the M1

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&XW RXW WKHVH GDWHV DQG SXW WKHP LQ \RXU GLDU\ TO BE HELD ON THE LAST SUNDAY OF EACH MONTH

July 31st August 28th Approximately 35 dealers Admission: ÂŁ1 Adults Children under 14 free Free car parking (Park in the main car park at reception) 9.30-14.30

WE ARE NOW IN THE CEDAR SUITE ENQUIRIES: Eddie Smith 01522 684681

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

16-22 Great Russell Street London WC1 3NN

Admission ÂŁ2.00 Dealers in English, Foreign, Ancient, Antiquities, Tokens, Medallions and Banknotes

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*VPU 4LKHS :OV^ (YHU\ Âż UVW 6XQGD\ RI WKH 0RQWK WKURXJK )XWXUH VKRZV -XO\ UG $XJXVW WK 6HSWHPEHU WK Whether you are buying or selling thereâ&#x20AC;&#x2122;ll be something for everyoneâ&#x20AC;&#x201D;from ancient through hammered, milled and modern, from Britain and across the globe; silver, gold, bronzeâ&#x20AC;&#x201D;the lot! As well as British & World banknotes and military medals & militaria.

July 2nd 2011 (9.30 am - 2.00 pm)

NEXT FAIR: SEPTEMBER 3RD 2011 Enquiries: Tel: 020 8656 4583

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Any enquiries contact Rick: 07890 764452, r99cc@yahoo.com July 2011

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Coin News

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

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

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

FAX: 01438 311990

HUGE FREE LISTS

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.

English Hammered and Milled coins

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

206 Honeysuckle Road, Soton SO16 3BU

Del Parker

Email: irishcoins2000@hotmail.com

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

023 - 8032 - 4258

GLENN S. OGDEN

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

R.P. COINS

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

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

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

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

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

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

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

PO Box 57635, London, NW7 0DS

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

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

Email: sales@thelondoncoincompany.com Visit our Secure On-line Shop on www.thelondoncoincompany.com

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

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

– 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

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July 2011

Semi-display advertising 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. Email: sales@johnnewmancoins.com Tel: 01903 239867. Mobile: 07814 793312 www.johnnewmancoins.com

F. J. RIST 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

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

BRITISH BANKNOTES

Probably the biggest selection in the UK, mostly high grades. BRADBURY to LOWTHER Free up to date computer listing. Tel: 01736 871263 Trebehor, Porthcorno, Penzance, Cornwall TR19 6LX A Free list of World and British banknotes is available from

D. YAPP PO Box 4718, SHREWSBURY, SY1 9EA Tel: 01743 232557

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

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

LONDON COINS AUCTION Next Auction: Keep a look out for details! • Viewing arrangements now include Saturday & Sunday • NEW Catalogue format available • Call us or check out our new website for more information

LONDON COINS

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

www.david-yapp.com

Arghans

African banknotes – sensible prices

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

MATT HOOD MEMORIAL COIN AUCTION Postal auction with monthly catalogues

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

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

IAN GRADON WORLD NOTES

Coins Wanted

Banknotes bought and sold. Bulk lots, collections and single items wanted.

UNIVERSAL CURRENCY COIN EXCHANGE

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

Tel: 0191 3719 700 email: igradon960@aol.com website: www.worldnotes.co.uk

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

B. FRANK & SON

Numismatic Auctioneers (Est 1983)

Our next sale (No. 83) will be on 7 August in Wakeﬁeld You can bid live on the internet OR we will send you a FREE catalogue, OR watch our website

B. FRANK & SON, 3 South Ave.,Ryton, NE40 3LD 0191 413 8749 Email: bfrankandson@aol.com Website: www.b-frank-and-son.co.uk

Medallions

CHARLES RILEY COINS & MEDALS

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

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

www.oldbanknoteshop.co.uk

Contact email: jim@oldbanknoteshop.co.uk

Coin Shops

An invitation to view our website

www.pdmedallions.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

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.

info@cambridgeshirecoins.com

Accessories

Banknotes

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 July 2011

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Never miss an issue of COIN NEWS Take out your subscription today and save nearly £10 per year! Telephone: 01404 44166 Coin news

Web directory Increase the traffic 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 91 for details.

www.HistoryInCoins.com Â&#x160; Hammered to Milled: English, Irish & Scottish Â&#x160; Catering for beginners right through to serious collectors Â&#x160; Established February 2001. Fresh additions EVERY Tuesday Â&#x160; 3,000+ ITEMS FOR SALE (all with obverse & reverse images)

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See website or phone for details on how to purchase. Tel: 07944 374600

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

Coin news

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July 2011

Web directory 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

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

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

www.weightoncoin.co.uk

www.scccollectables.com

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

www.downies.com

www.yorkcoins.com

Visit us and have a look around

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

Roman, Ancient British, English, Scottish & Irish Hammerd Coins ~Professional Numismatist~

www.buybullioncoins.com

www.gbgoldcoins.com

Gold sovereigns—£225 Tel: Paul on 07779 461929

www.spink.com

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

www.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

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

www.croydoncoinauctions.co.uk

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

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 www.cambridgeshirecoins.com Coins Wanted

www.johnnewmancoins.com

Quality Ancient Coins and Antiquities

Buying and selling for over 20 years Over 5,000 coins online

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

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

Banknotes

www.denofantiquity.co.uk

www.David-yapp.com

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

www.David-yapp.com

Buying & Selling Ancient Coins & Antiquities

British and World Banknotes

Accessories

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

Subscribe to COIN NEWS today and receive the digital version free of charge.

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Coin news

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 AUSTRALIA 2010 SILVER BULLION COINS—yYear of the Tiger Series 2, all sizes. Also 2010 UK 5-coin Sovereign Set. Tel. Phil on 01633 485787/07803 125183. (09/11) PRUSSIAN EINREICHS, Thaler 1810 A, F/VG, rare, £30. USA 1864 L Indian cent, G/fine, rare, £40. Tel: 0116 2128669. (09/11) COLLECTOR SELLING his predecimal Australian copper and silver collection (552 coins), possibly one lot. Interested—contact by email: fahrmann@hotmail.com. (08/11) FREE STAMPS/COINS LIST, shilling 1918 BU, £45.95 (freep&p), florin 1916 BU, £45.95 (free p&p). Contact A. Trivella, 11 Glebe Road, Rugeley, Staffs., WS15 4HD. Tel/fax: 011543 490439, email: aurelio@ntlworld.com (08/11). UNITED STATES MOUNT RUSHMORE proof anniversary coins, 1991 one dollar and half dollar, offers. Tel: 01359 250012. (08/11) ADVERTISE COINS WANTED/ FOR SALE— it’s free for non-trade subscibers! Simply complete the form or email:abbey@tokrnpublishing.com. WWWCOINSONABUDGET. 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. (09/11/03T) 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 DATE sets 1962 to 1968. Offers. Please tel: 01359 250012. (07/11) ANCIENT AND HAMMERED COINS PLUS CLASSICAL ANTIQUITIES for sale. Large display at The Ginnel Antiques Centre, Harrogate. Odyssey PO Box 61, Southport, PR9 0PZ. Tel: 01704 232494. (08/11/06T) R O M A N , C E LT I C , E N G L I S H 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. Telephone: 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) 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) MERLINS OF GODALMING, Bridge Street, Godalming, Surrey. Celtic, Roman, hammered, milled. 01483 426155. Sorry no lists. (05/12/12T) ELIZABETH II Royal Mint proof sets 1971–2005. Offers. Telephone: 01234 306580 (Bedford). (12/12)

Coin news

PETERCOINS—your local coin shop on the net! Selling a wide range of British coins. www.petercoins.com www.petercoins.com. SAE for list to: PO Box 46743, London, SW17 0YF. (11/11/12T) 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 premium World coins. Customer satisfaction is our priority. www.prestigenumismatics. com. (08/11/03T) WORLD COINS: Medieval and modern. Tokens, Countermarks, Jettons, medallions etc. Please send an SAE for latest list to: Stephen Betts, 4 Victoria Street, Narborough, Leicester LE19 2DP. (12/11/06T) 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) ANCIENT GREEK AND ROMAN COINS. Free catalogue. Great for beginners and budget minded collectors. For more information contact T. Barna, PO Box 335, Lyndhurst, SO40 0DA. Email: tbarna_andsonuk@ hotmail.com (09/11/06T) BRITISH COINS 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. (12/11/06T) 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. (12/11/06T) EARLY ENGLISH MILLED: The most extensive date range available anywhere. 1658–1967 Farthings—Gold virtually every date. Free list tel: 023 80324258, write to 206 Honeysuckle Rd, Southampton SO16 3BU, email: info@ringramcoins.com. www. ringramcoins.com. (10/11/12/A) ringramcoins.com 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. (08/11)

Coins Wanted

SELECTED BRITISH COINS for all tastes. Fast, friendly and efﬁcient service. British coins bought and sold. View coinsonline in the shop. Contact Barry Kemp on 01706 344520. (11/11/06A) PRE-1920 AND PRE-1947 SILVER COINS wanted. Will pay good price in accordance with ﬂuctuating silver market price. Tel 020 8530 4109, or send details to Nick Lyons at 1 Millbrook, 73 Woodford Road, South Woodford, London, E18 2EB. (08/12) S PA N I S H C O I N S I N G O L D 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. Tel: 01983-740712, or fax: 01983 740800. (04/12/12T) ILLUSTRATIONS (ONLY) of Turks & Caicos Islands half-crown 1961, George I, two thirds Thalers. rovenances will be acknowledged. Email: mauricebull@ btinternet.com. (07/11) 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. (04/12/12T)

COLOURED COINS WANTED. Cook Islands$, 1990-99, and or Cuba pirates series. Contact Charles on 01473 682392. (08/11)

BUYING PRE-47 SILVER AT 24x 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. (11/11/06T) BUYING PRE-47 SILVER 24x FACE, PRE-20 40x FACE. USA Pre-1965 10 cents to 1$ £8 per $. CANADA Pre1965 £6 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. Tel 01895 638885. (12/11/06T) 1863 GB FLORIN needed urgently. Minimum ﬁne condition. £500+paid Please send details by email to: wmgg.1923@tiscali.co.uk. (08/11)

BRITANNIA AS OF 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) AUSTRALIAN PRE-1966 SILVER AND COPPER COINS WANTED. tel: 0794191 9686, email: mc@guanomondo. com. (09/11/06T)

WA N T E D D O N AT I O N S O F 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 (05/12/12C) £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)

ILLUSTRATIONS (ONLY) WANTED of two thirds Thalers—1714–1837, Scottish Two Merks, Half-dollars & 40 shillings—1664–1700 for inclusion in my forthcoming publication. Provenances will be acknowledged. Email: mauricebull@btinternet.com. (08/11) BUYING PRE-47 and pre-1920 silver. Also uncirculated pennies and half pennies wanted. Please telephone: 0121 604 1680. (08/11)

BRITISH COINS wanted by collector. Almost anything considered. Phone Chris on 01793 750307/07739 426194. (06/12/12T) PRE-47 & PRE-20 silver wanted. Also modern 925 silver crowns or ingots. Top prices paid. Contact: 01935 824878. (12/11/12A) DANZIG WANTED. High grade coins 1923 onwards. Top prices paid. Please emails details to: wmg.1923@tiscali. co.uk. (12/12)

GIBRALTAR URGENTLY WANTED. Two crowns BI-METAL 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) PRE-1947 silver coins wanted. Pre1920 also. There are probably many adverts in this column wanting these coins so if you phone around PLEASE PHONE US LAST for the best possible offer you will get! Est. 1966. 07879 865 118 or email: info@uk-mint.com Web: www.uk-mint.com. (08/11/12T)

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)

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)

WORLD AND BRITISH gold coins wanted. Fair prices paid. 07917 160308. (07/11/06A)

Tokens SOUTHWOLD TOKEN 1668 halfpenny, good condition, £30. Tel: 01359 250012. (09/11)

Banknotes

WORLDWIDE 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: notability-banknotes.com info@notability-bank not es.com. (09/11/06A)

WORLD BANKNOTES—cheapest prices, most under £1 each. SAE to R. C. Holmes, PO Box 326, Bangor, Co.Down, BT20 5PD or email: rcholmes21@yahoo.co.uk. (07/11)

BANKNOTES WANTED—Peppiatt £5, Liverpool, 8 August 1935, O’Brien £5, C34A, 12 March 1956. Tel: Peter: 020 8642 4094. (08/11)

Cheques & Ephemera

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

AUCTION CATALOGUES, numismatic groups, June 5, 1991 to December 4, 1996. 26 catalogues in all—£52.00 the lot plus p&p. Mr D. R. Twiddy, tel: 01926 315860. (08/11)

NZ AND AUSTRALIAN postcards wanted to buy. Tel: 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)

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. (09/11) CLEAN COPY OF COIN NEWS, dated December 2000 (the shipwreck issue) wanted. Please phone 01983 740712, or send to PO Box 8, Newport, IW, PO30 9JW. Will swap for Penzance Museum shipwreck booklet (value £4). (09/11)

Classified advertising is free for non-trade subscribers, simply complete the form on page 91 www.tokenpublishing.com

July 2011

Directory section Advertisers Index ABC Coins and Tokens.................................... 79 Airedale................................................................ 37 Argentum............................................................ 63 ATS Bullion Ltd................................................... 75 Allgold Coins ..................................................... 35 Baldwins Auctions......................................15, 29 R. P. & P. J. Beckett............................................. 60 Birchin Lane Gold Coin Company.............. 52 Yves Blot............................................................... 78 BNTA...................................................................... 10 Bonhams.............................................................IBC Barry Boswell...................................................... 64 Buy Bullion Coins.............................................. 63 Cambridge Coins & Jewellery...................... 51 Cambridgeshire Coins.................................... 61 The Celator.......................................................... 69 Chards................................................................... 23 Charing Cross Market...................................... 84 CNG........................................................................ 80 Coincraft......................................... IFC, 33, 37, 69 Colin Cooke............................................................5 Croydon Coin Auctions.................................. 82

Paul Davies Ltd.................................................. 14 Paul Davis Birmingham Ltd........................... 79 Clive Dennett..................................................... 68 Dix Noonan Webb...............................................9 Dorset Coins....................................................... 78 Roger Dudley..................................................... 85 The Duncannon Partnership........................ 46 Educational Coin Company.......................... 68 Christopher Eimer.............................................13 Format................................................................... 51 GB Gold Coins.................................................... 48 GK Coins............................................................... 55 Goulborn.............................................................. 59 Ian Gradon........................................................... 64 A. D. Hamilton.................................................... 80 History in coins.................................................. 88 IAPN........................................................................ 16 R. Ingram Coins........................................... 42, 43 Richard Jeffery................................................... 63 K. B. Coins............................................................. 52 Kate’s Paper Money......................................... 64 Kleeford Coins.................................................... 81

Knightsbridge Coins........................................ 47 Lindner.................................................................. 48 Lockdales............................................................. 48 The London Coin Company................... 18, 88 The London Coin Fair...................................... 83 Giuseppe Miceli.......................................... 76, 77 Midland Coin Fair.............................................. 83 Monk Fairs........................................................... 85 Morton & Eden................................................... 26 Peter Morris......................................................... 75 Colin Narbeth & Son Ltd................................ 64 New Zealand Post..............................................11 NGC........................................................................ 21 Peter Nichols Cabinet Makers...................... 55 Notability............................................................. 69 Numismatica Ars Classica.............................. 61 Orpington Coins & Medals............................ 61 Paul’s Paper Money.......................................... 69 Penny Crown Coins.......................................... 61 David Pratchett.................................................. 78 Mark Rasmussen..................................................4 Roderick Richardson....................................... 48

Royal Mint................................................. 25, OBC Chris Rudd..............................................................2 Saltford Coins..................................................... 78 Douglas Saville ................................................. 79 Smiths of Newent............................................. 84 South Coast Coin & Medal Show................ 85 Stack’s, Bowers & Ponterio............................ 83 Stamp & Coin Mart........................................... 60 St James’s Auctions.................................... 17, 19 Timeline Originals...............................................3 Token Publishing Ltd....................................... 92 Treasure Hunting.............................................. 80 Michael Trenerry Ltd....................................... 63 Wakefield Fair..................................................... 85 Warwick & Warwick........................................ 6, 8 Weighton Coin Wonders............................... 75 John Welsh.............................................................7 West Essex Coin Investments...................... 73 Tim Wilkes............................................................ 52 Trevor Wilkin....................................................... 68 York Coin Fair...................................................... 75 York Coins............................................................ 81

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July 2011