Coin news 2011 08

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Perhaps you should try dealing with Coincraft?

In this issue PUBLISHING FOR COLLECTORS SINCE 1983

Gibraltar and its banknote issues

Incorporating BANKNOTE NEWS

COIN

NEWS ISSN 0958-1391

72

August 2011 Volume 48 No. 08 Formerly Coin & Medal News incorporating Coins & Medals, Irish Numismatics, and Banknote News Published monthly by Token Publishing Ltd.

Available at your Newsagent, or by Annual Subscription Within UK £34.00 for 12 issues Europe and World surface mail £42.00 World airmail £52.00 Please note that Editorial, orders, subscriptions and general enquiries can ALL be contacted at the following address: Orchard House, Duchy Road, Heathpark, Honiton, Devon EX14 1YD Orders, subscriptions, etc.: Telephone: 01404 44166 Advertising enquiries: Telephone: 01404 44167 General enquiries: Telephone: 01404 46972 Fax: 01404 44788 E-mail: info@tokenpublishing.com Website: www.tokenpublishing.com Managing Editor John W. Mussell, FRGS Member, British Numismatic Society, Numismatic Literary Guild, American Numismatic Association, International Banknote Society, etc.

Advertising Director Carol Hartman

Ancients Back to basics 33 Alexander 69 Basic the Great’s elephant books coins In praise of the pachyderm

Spotlight 39 Two guineas of George III The “Spade” and “Military” guineas

In focus 41 Spirit of Change: Ireland and the Euro 2002–10 Part II: A new Europe

Art Editor Lisa Camm-Keyte Advertising Manager Celia Dunsford

Sales and Subscription Manager Alyson Thomas Executive Assistant Janis Thatcher Production Assistant Abbey Becow

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

REGULARS Editor’s Comment...............................................2 Coin news & views .......................................... 10

49

Collector’s notebook Coin grading 15 months on An update on one man’s conversion to “encapsulation”

Royal Mint Bulletin .......................................... 24

On the fringe What we did on our holidays Numismatic opportunities are never far away

Banknote News ................................................ 71

55 61

Tokens Hungarian tokens World War I prison camp coinage and glass bottle deposit issues

Accounts Controller Jackie Taylor Editorial Consultant John Pearson Andrew

issues The Rock’s readies

45

Advertising Production Controller Klara Bodfish Book Publishing Coordinator Fiona Pyle

Banknote feature 72 Gibraltar and its banknote

Out and about The city of two cultures A visit to Strasbourg

Marketing Director Philip Mussell, BA DipM MCIM MIDM Deputy Editor Janet Webber, BA Hons

Essentials for the numismatic bookshelf

Front cover: In praise of the elephant and its image on the coinage of Alexander the Great —see page 33

View of the Bay ................................................. 18 Around the World ............................................ 20 New issues coin update ................................ 22 Market Scene .................................................... 27 Coin of the month ........................................... 58 Price Guide to SHILLINGS ............................. 64 Price Guide to BANK OF SCOTLAND £1 and £5 ........................................................................ 76 New issues banknote update...................... 78 Letters .................................................................. 80 Dealer Directory............................................... 81 Diary dates ......................................................... 82 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.

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Coin news

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Editor’s comment

Whatever next?

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HE recent sale at Bonhams of Alderney’s one off gold “John Lennon” coin for £60,000 (see news and views page 10) had echoes of a similar sale at Stacks-Bowers of an Australian $30,000 gold 10 kilo coin (see COIN NEWS, May 2011) and indeed other sales before that, where coins with mintages in single figures fetch way beyond their precious metal spot price, with results in the tens if not hundreds of thousands of pounds/dollars. The fact that the Lennon coin sold well above its lowly estimate of £2,000 should come as no surprise to most, if only because of the ever-popular Beatle’s connection and the fact the proceeds of the sale were going to charity (the coin had originally been given to Yoko Ono who then donated it for sale to help the Alder Hey Children’s Hospital’s “Imagine” Appeal). But even with these factors taken into account, £60,000 is a huge sum and COIN NEWS contributor Michael Alexander of the London Banknote and Monetary Research Centre and Bonhams auctioneers are to be congratulated on promoting the sale so well. However, the question we are left asking is what, if any, relevance such a sale, indeed such a coin, has on our hobby at large.

There have always been limited edition coins of course. The Royal Mint regularly produce small numbers of precious metal versions of circulating coins and these prove ever popular with collectors who are happy to pay a premium over the spot price to get the latest issues. But such coins are not so expensive that the actual price of them bears no resemblance to the price of the precious metal therein and purchasers always know that should all else fail their acquisitions can always be sold for scrap and they will get a good percentage of their money back. With coins that fetch many, many times their melt value, the purchaser has to rely on a secondary market should they ever wish to sell their coin on and I am left wondering whether such a secondary market actually exists. Of course, it could be argued that the rarity of the coin: the fact that only a very, very limited number exist (usually less than five, often as with the Lennon coin, just one), will in itself be enough to create that secondary market, with certain wealthy individuals always prepared to shell out for unique items to add to their collections. But if this is the case, then what is to stop the mints across the world from producing countless “one-offs”— unique gold or platinum coins to sell on for hundreds of thousands of pounds? Will such results as those at Bonhams and Stacks-Bowers make the mints look again at their issuing programmes and produce more and more such coins just to cater to a few wealthy individuals? You may think this far-fetched, but it is exactly what happened in the phone card market with issuers realising that collectors were eager for rarities, so they started making them to cater for the demand. Soon practically every phone card was a “limited edition” and the market soon collapsed. Those of you who visited the early Dublin shows at Kilmainham Hospital will remember the mania surrounding the phone card business there—visit the Dublin show now and you may find one or two cards around, but they will be selling for a few euros each, certainly not the hundreds (or Punt equivalent) they were a few years ago. Could such a thing happen in numismatics? It’s unlikely perhaps—after all,a large number of coin collectors are probably not interested in that particular market, with the rarities they seek being the small mintages from years gone by. With phone cards it was all a “new issues” market and so could be manipulated, coins aren’t like that but it is worth wondering whether the new issues side of the hobby could fall victim to the same problems. To a certain extent it is already happening, with far more “limited edition” coins being produced than ever before—you only have to look at the new Krause Standard Catalog of World Coins 2001–date to see the vast numbers of coins the worldwide mints produce. Few of them will never be seen in anyone’s pockets or purse but collectors still seem eager to buy such coins and as long as they are the mints will keep striking them. That, of course, brings us round to the second part of the question asked above: what relevance the Lennon coin itself has to the hobby? Yes, it is a coin, it was struck by the Royal Mint, it has a denomination, it’s a proper “coin” as opposed to a medal. But can it really be considered in the same light as a Gothic florin or Shield reverse sovereign? Can it even be considered in the same light as any of the standard “new issues”? Isn’t it rather a golden gimmick—a memento in metal that in effect is a “thank you” for a £60,000 donation to charity? There will be those who argue that is exactly what it is, and the fact that it appeared in the Bonhams Entertainment sale rather than their numismatic auction rather seems to back that idea up. Others, of course, will argue that it is a bona fide coin and should be seen as such, the fact that it is a new issue and a one-off being irrelevant. Both views carry weight and both will have their supporters, but personally I’m JOHN W. MUSSELL just happy to see numismatics in the news and once again happy to be part of a hobby that is Group Managing Editor so diverse that we really don’t know what’s coming next!

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News & views

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NE of the largest collections of Iron Age coins to be found in recent years has been saved for the nation, and will be displayed at Ipswich Museum thanks to the support of the Heritage Lottery Fund (HLF), the Art Fund, and the MLA/V&A Purchase Grant Fund. The Wickham Market Hoard is the largest and most complete Iron Age gold hoard in existence, being made up of 840 gold coins. They were made around 2,000 years ago by the Iceni tribe whose tribal territory covered Norfolk, north Suffolk and parts of Cambridgeshire. People from across the region who live across the former Iceni homelands will have the chance to see and learn about the collection, with Norwich Castle Museum and the Fitzwilliam Museum in Cambridge already in place to host a touring exhibition of the coins. This was made possible thanks to funding of £225,900 from HLF, £40,000 from the Art Fund, £20,000 from the MLA/V&A Purchase Grant Fund alongside contributions from the Headley Trust, Friends of Ipswich Museum and the Jennings Bequest. Cllr Bryony Rudkin, Ipswich Borough Council’s Culture portfolioholder, said: “This is a truly huge boost not only for the museums service but for the people of Ipswich, Suffolk and beyond who will now be able to see and learn more about this staggering find. It will prove to be a big visitor attraction for the town and I look forward to it going on display, not only here but around the region.”

The hoard was discovered in Suffolk in March 2008 by metal-detectorists, and the area was excavated by Suffolk County Council Archaeology Service that Autumn. Further excavations undertaken in 2009 uncovered the remaining coins revealing the true extent of the hoard. Almost all the Iron Age gold coins were issued by the Iceni, and date from between 20 BC and AD 20. The hoard also unusually contains five gold coins from the Corieltavi tribe, who were based in the East Midlands, which adds further evidence to the understanding of significant ties between the Iceni and Corieltavi and the wider political landscape when tribal identity and loyalty was everything.

Beatle mania B

ONHAMS Memorabilia sale on June 29 drew gasps of amazement and a round of applause when the unique John Lennon gold coin struck for Alderney as part of the Great Britons series sold for a staggering £60,000 (pre-sale estimate £2,000).

Issued in 2010, the coin was originally issued in both cupro-nickel and sterling silver, with a “oneoff” 22 carat gold coin struck and presented to Yoko Ono Lennon who kindly then gave it to the Alder Hey “Imagine” appeal—the children’s hospital in Liverpool of whom Yoko is an ardent patron. When told of the extraordinary amount the coin reached at auction Yoko commented “as Honorary Patron of the Alder Hey ‘Imagine’ Appeal I am delighted with the amazing amount raised from this coin”. Together with the buyer’s premium and VAT, the coin will have sold for a total of £74,400.

Michael Alexander—Monetary Research Centre

STUNNING Cnut penny realises $3,835 U

S collectors have long had a weakness for AngloSaxon silver. The recent Stacks-Bowers June Baltimore sale was no exception with eight pennies on offer, all in better-than-average condition.

Top selling item was a delightful Cnut penny struck at the Malmesbury Mint of the quatrefoil type, c.1017–23 (S–1157). Graded EF it sold for $3,835, including commission, on a $900–1,200 estimate. The Coin Yearbook lists it as £220 in VF. Full auction details and prices realized are available at www.bowersandmerena.com, while there error collectors might like to check out Lot 6948. Spectacular Elizabeth II gold errors are not common.

Dr K. A. Rodgers

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Coin news

Paul Dawson

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ANY readers may already have heard of the terrible car accident of Spink’s Paul Dawson. Paul, formerly of B. J. Dawson Coins, was involved in an accident in June on the M1 in Nottinghamshire. Paul was travelling with his girlfriend Heather Hardcastle. Following the crash both were taken to the Queen’s Medical Centre in Nottingham where Heather, tragically, later died. As COIN NEWS goes to press, Paul is currently in intensive care having undergone a long operation on his head injuries.

Our thoughts go out to his and Heather’s families and we know you’ll join with us in hoping Paul makes a full and speedy recovery. www.tokenpublishing.com

August 2011

Image courtesy of Suffolk County Council Archaeology Service.

Wickham hoard saved for the nation

News & views

Biggest EVER!

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HE 13th annual Token Congress takes place at the Metropole Hotel, Llandrindod Wells, on September 23â&#x20AC;&#x201C;25, 2011. The Congress will follow the usual format, with an auction of membersâ&#x20AC;&#x2122; duplicates on the Friday evening, talks HE London Coin Auctions sale of Coins through Saturday and Sunday with the and Paper Money on June 5â&#x20AC;&#x201C;7 not only popular Bourse on the Saturday night. saw a record number of lots being offered The all inclusive price from Friday by the company (3,451) but also the highest afternoon to Sunday morning is ÂŁ170 total prices realised. For the ďŹ rst time in the per person. The informal environment ďŹ rmâ&#x20AC;&#x2122;s history they broke the ÂŁ1million is ideal if you are interested in tokens barrierâ&#x20AC;&#x201D;the actual total being ÂŁ1.138 at any level from beginner to advanced millionâ&#x20AC;&#x201D;which is the auction houseâ&#x20AC;&#x2122;s as this is the perfect opportunity to meet highest ever total. To ďŹ nd out more other collectors, specialists and dealers. see Market Scene on page 27.

For more information contact Gary Oddie on 01480 210992 or email goddie1@hotmail.co.uk.

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IN BRIEF

Token Congress 2011

â&#x20AC;&#x153;Heirloomâ&#x20AC;? declared treasure

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HE case of a Shropshire woman who claimed to have been left a 14th century French Piedfort coin by her late mother ďŹ nally drew to a close in June when a jury decided that the coin was treasure and therefore should go to the British Museum. The Coronerâ&#x20AC;&#x2122;s court was deliberating following the prosecution of Kate Harding in February for failing to hand in suspected treasure. She had argued that the coin was given to her by her mother after they found it while gardening in 1993, however, experts on examining the coin believe it was found around 2000 and subject to the 1996 Treasure Act. Ms Harding had approached Ludlow Museum in 2009 requesting help with identiďŹ cation. The Museum did identify the coin and they also requested she inform the Coroner under the Treasure Act which she ignored. Ms Harding has became the ďŹ rst person in the UK to be convicted of failing to hand in an item of suspected treasure and received a three month conditional discharge with ÂŁ25 costs.

RALLY ROUND D

OWNIES has joined forces with Kidney Health Australia in developing the 2011 â&#x20AC;&#x153;Kidney Kar Rallyâ&#x20AC;? medallion. Established in 1968, Kidney Health Australia strives for an improved quality of life for Australians living with kidney and urinary tract diseases. The entire $20 purchase price from the sale of this medallion will be directly donated to Kidney Health Australia. The new issue bears both the logo and mascot of the foundation on a coloured aluminium bronze medallion, nearly 40mm in diameter. The 2011 Kidney Kar Rally medallion is now available from Downies at Shop 5, Town Hall Square, Sydney or online at www.downies.com/KKR.

THE numismatics staff at Krause Publications has been joined by Caitlin Spaulding who will be working as a content editor.

THE Numismatic Society of Essex were recently entertained by Rory Naismith of the Fitzwilliam Museum who spoke on the Coinage of Southern England. To ďŹ nd out more about the Society visit www. essexcoins.org.uk.

A slip of the ďŹ ngers caused an error in John Whitmoreâ&#x20AC;&#x2122;s email address printed in the June issue. The ďŹ gure â&#x20AC;&#x153;1â&#x20AC;? was used instead of a lower case â&#x20AC;&#x153;lâ&#x20AC;?. The correct address is TEYNHAML@aol.com.

LIST number 21 from Mark Rasmussen Numismatist is out now and features over 27 A4 pages of coins from early continental to the 20th Century. To obtain your copy telephone 01306 884 880 or email mark. rasmussen@rascoins.com.

OFFICIALS at the Royal Canadian Mint are trying to ascertain how mules have appeared in the 2010 Specimen Sets.

The ďŹ rst mule was discovered in their â&#x20AC;&#x153;Wildlifeâ&#x20AC;? set where the 10 cent coin had an obverse of a 2009 Specimen coin and a reverse of a 2010 Specimen coin. Other mules have been discovered in other sets.

SIX coins from the American Numismatic Associationâ&#x20AC;&#x2122;s collection with a combined value of approximately $19,000 were stolen from the St Louis Museum of Transportation between June 11 and 12.

The four-panel ANA travelling exhibit â&#x20AC;&#x153;Money of the US Civil War,â&#x20AC;? was scheduled for display from June 13â&#x20AC;&#x201C;30.

CONTRARY to recent reports the buyerâ&#x20AC;&#x2122;s premium at Bonhams Coin & Medal department is NOT to rise to the 25%. The premium will be set at 20% in line with other London numismatic auction houses.

STOP THIEF: In June thieves broke into the Edinburgh home of David Pearson and stole his coin collection. The collection was the only thing taken in the robbery, suggesting it was stolen to order. Among his collection was a Harold penny and four Mary Queen of Scots coins. Contact Lothian and Borders Police on 0131 316 2825 or 0131 620 5120, Crime Reference number CR/42681/11 with information.

Mr Pearson is offering a ÂŁ10,000 reward.

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August 2011

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Coin news

11

News & views New directions

P

AST President of the Norwich Coin & Medal Society and life-long collector Gary Brown has realised a long standing ambition by becoming a full-time coin and medal dealer. Trading as Gary Brown Coin & Medal Consultant, Gary aims to attend all the major fairs as well as develop a web-site in due course.

He can be contacted at PO Box 334, Gorleston, Great Yarmouth NR30 9FF or by telephone 01493 651577 (email garybrown867@ btinternet.com).

PCGS EXCEL in Paris

E

UROPEâ&#x20AC;&#x2122;S ďŹ rst auction devoted primarily to PCGS-certiďŹ ed coins, took place in Paris on May 31, 2011.

The combined prices realised were a remarkable 90.5 % higher than the presale estimates. The auction was conducted by the French auction house Millon & AssociĂŠs (www.millon-associes.com). Don Willis, President of PCGS, commented â&#x20AC;&#x153;The exceptional prices realised by the PCGS coins appearing in the Millon & AssociĂŠs auction in Paris is an overwhelming endorsement of the authentication and grading offered by PCGSâ&#x20AC;?. A major auction of PCGScertiďŹ ed coins is scheduled to take place in Paris in October.

Right: 1864-TBN 50 Liras, PCGS Genuine, sold for â&#x201A;Ź101,200. The pre-sale estimate was â&#x201A;Ź10,000.

Exhibition extravaganza B

ELIEVED TO be the largest collection of Exhibition memorabilia in the UK is to go under the hammer at BSA Auctions on August 18/19, with the second day seeing over 400 lots of medals and medallions from the 1851 Crystal Palace and earlier exhibitions through to the 1960s World Fairs. With many rarities being offered to the market for the ďŹ rst time, the whole sale comprises over 2,000 lots. BSA director Barry Faulkner commented that the cataloguing had been a mammoth task with the items arriving in boxes straight from the vendorâ&#x20AC;&#x2122;s garage where they had lain for decades. The catalogue is available online at www. birmauctions.co.uk and in print by telephoning 01568 610 620 or writing to BSA Auctions, Units 17-18, Station Yard South, Worcester Road, Leominster, Herefordshire, HR6 8TN.

Peter Ireland RIP

I

T is with great sadness that we learn of the death, after a short illness, of coin dealer Peter Ireland of Blackpool. Peter was a founder member of the BNTA and has been a stalwart of the numismatic world for many, many years. Our condolences and thoughts go out to his family.

Numismatic delights at Mowbrays

N

EW ZEALANDâ&#x20AC;&#x2122;S John Mowbray International will be holding their 10th annual public auction of coins and banknotes on September 23. A ďŹ ne collection of â&#x20AC;&#x153;The Kings and Queens of Englandâ&#x20AC;? is represented in pennies and gold coins starting with a rare AD 924-39 Aethelstan penny which is sure to create great interest. There are over 40 silver pennies, more than 30 gold coins including a sovereign of Mary I, a Cromwell broad, and a Commonwealth Unite. For more information log onto www.mowbraycollectables.co.nz.

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Coin news

www.tokenpublishing.com

August 2011

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News & views

Brett braves it again!

N

OT content with his momentous climb of Kilimanjaro last September, Brett Hammond, CEO of TimeLine Originals and TimeLine Auctions, has been tackling more peaks in order to complete the Eight Summits Challenge in support of London’s Great Ormond Street Hospital. Following many training trips to Snowdonia, Brett left for Anchorage, Alaska, on May 18 to attempt the fourth of the Eight Summits Challenge. His destination was Mount McKinley (also called Denali), a 6,194 m (20,320 feet) peak with temperatures as low as −75.5 °F (−59.7 °C) and windchills of −118.1 °F (−83.4 °C).

On June 1, after a fast ascent of 11 days, Brett and a small party of fellow climbers successfully overcame the perils of the mountain and reached the summit, the highest peak in North America. TimeLine has a long-standing tradition of sponsoring the children’s hospital, which is the UK’s foremost centre of paediatric care and research into childhood illness. Well done Brett!

Annual book prize awarded

T

HIS year’s IAPN Book Prize has been awarded to Chris Eimer for his sterling work on the second edition of his popular British Commemorative Medals and Their Values. Published by Spink earlier this year, Chris has completely revised and up-dated his original work first published in 1987 and has brought his expertise to bear to produce the most comprehensive one-volume work on the subject.

New VENTURE W

ATFORD Football Club will be the venue for a new venture which sees coin dealers Hertfordshire Coins teaming up with Bushey Auctions to offer a specialist coin auction on August 28. Consignments are now being accepted. To find out more contact Jeff on 01923 777 543 or email hertfordshirecoins@hotmail.co.uk.

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

14

Coin news

Regular Exhibitor at U.K Coin Fairs www.tokenpublishing.com

August 2011

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Coin news

15

News & views

SPOTLIGHT

Havering Numismatic Society

N

OW in our fifth decade Havering Numismatic Society continues to promote the interest of all branches of numismatics. At the majority of our monthly meetings we feature guest speakers and several of our members regularly give talks at other venues. We have forged a close relationship with the newly opened Havering Museum in Romford and have a rolling programme of exhibits there, each one being in place for around three months. We feel that this gives the general public exposure to the world of numismatics and on an optimistic note, the chance to attract new members to our society, a sentiment that most societies would agree with.

We have struck several medallions over the years to mark special occasions, our latest being counterstamped 1967 halfcrowns in memory of Fred Bonner, our founder member who died in 2008 (1967 being the year we were founded). We have several overseas members who correspond regularly, and indeed the counterstamped halfcrowns were produced in Australia. The 25th anniversary medallion shown above features local landmarks; the “horned church” at Hornchurch, the stocks at Atte Bower, Romford Market and the Upminster windmill. It was struck in both silver and bronze by Charles Neal & Sons of London.

We endeavour to arrange days out and we were very fortunate recently to be treated to a visit to Coutts Bank in the Strand (pictured left) which is one of the oldest banks in London and the one used by the Royal Family. Other notable visits include the Bank of England and the Guildhall.

We produce a quarterly newsletter which apart from giving details of the society’s activities features articles from members on their favourite subjects. We also have our own website www.havering-ns.org.uk which is always worth a look and includes our programme for the year.

Our in house activities include a members’ exhibition, a grading competition (always a contentious issue), a quiz and a Christmas Social.

We meet on the 1st Tuesday of each month at 8.00pm at the Fairkytes Art Centre, Billet Lane, Hornchurch, Essex RM11 1AX. Visitors are more than welcome.

Flowing hair finest

A

MONG the highlights of the Heritage Auctions’ Official Auction at the Long Beach Expo on June 2011 was a 1795 Flowing Hair, Two Leaves dollar, BB-20 variety, graded an astounding MS65 by NGC and pedigreed to Jascha Heifetz and The Cardinal Collection. Described by Heritage as “one of the finest Flowing Hair silver dollars ever certified, regardless of the die variety” the coin realised a hefty $253,000.

The full list of prices realised can be viewed on-line at HA.com. Also available to view are the lots offered at the forthcoming September Long Beach auction sale which includes the Dr Norman Jacobs collection of Korean and Japanese coins.

TEAMING UP L

EADING Cumbrian auction house PF&K of Penrith have teamed up with local dealer John Stephenson of Argentum and Coins to run regular coin auctions. The first auction will take place on August 18 and will include approximately 200 lots ranging from Ancient bronze and silver to modern gold proofs.

Some readers may remember a one off sale held at PF&K in 2005, when the M. S. Dudley Westropp collection was sold (the part not held in the National Museum of Ireland in Dublin), with excellent prices realised for early Irish/ American coins.

The sale will also be live online via the-saleroom.com for those unable to attend in person. The next sale is already planned for December 2011 and entries are now being invited. To find out more go to www.pfkauctions. co.uk or telephone 01768 890781.

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Coin news

Much to TEMPT

A

T the Turner, Evans and Stevens sale of September 17, a single-owner collection of coins and banknotes is being offered. The collection, consigned

by Mr Francis Mason of Skegness, offers something for everyone, with Roman, Greek and Byzantine coins as well as English hammered and milled coins. A large selection of numismatic books is also offered. To find out more contact Turner, Evans and Stevens on 01754 766061 or visit their website www.tesproperty.co.uk.

RECORD BREAKING

Celtic gold

A

RECORD price for a previously unrecorded Iron Age coin of Britain has been achieved by Celtic coin specialist Chris Rudd. The gold stater is of a hitherto unknown British king, Anarevitos, hence the impressive sum of £21,000 at auction. “I’m not surprised”, says Elizabeth Cottam of Chris Rudd “the market for Celtic coins continues to look strong, especially for gold rarities”. www.tokenpublishing.com

August 2011

Coin News

17

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.

This auction is for a large impressive Bronze Jubilee medal of Queen Victoria, over three inches in diameter and nearly half a pound in weight, one of the most detailed and fascinating reverse designs issued to commemorate the 50th anniversary of Queen Victoria’s reign.—£142.

This was an impressive 1887 uncased lump of bronze which attracted 13 bids from 11 bidders who were attracted by the 99p start.

The winning bid was placed with 11 minutes of the auction to run which is unusual as many bidders wait until just a few seconds are left.

Constantius II (AD 337–361) Scarce Gold Solidus coin. Tiny scratch in left field, slightly worn, but very pleasant and attractive VF++ specimen with great style.—£501.08.

The fact that it was over graded, and the emperor’s nose was a bit flat, did not deter 13 bidders from placing 22 bids from a start of 99p. The photographs were very clear so there should be no surprises when the coin arrives.

Births deaths marriages 1937 sterling silver medal in original case, weight 19grams.—£12.51.

The rather low price achieved by this attractive medal might be explained by the unusual subject matter, marking 100 years since the start of the registration of births, deaths and marriages. The subject matter

18

Coin News

may have led to the sales by the Royal Mint in 1937 being low so it may be scarce and a bargain, especially at just double the metal value.

Fantastic grade—Norwich Norfolk Thomas Lacey 1667.—£102.

17th century tokens usually do very well on eBay and this one was no exception attracting nine bids from five bidders. Many tokens of this vintage have spent time buried and this one had but it was exceptionally problem free.

An opportunity to purchase a stunning example of the Queen Victoria 1846 “Young Head” halfcrown in choice unc condition. Listed in Spink 3888, ESC 680 (English Silver Coinage) and Davies.

569.—£764.55.

As Coin Yearbook (CYB) values this coin in uncirculated at £950 this was a good result for the seller and the buyer. However, if it was EF and not uncirculated, and this can be difficult from an online photograph, the value drops to £450. The buyer has given positive feedback so all appears to be well.

This is an Edward IV Ryal or rose noble Flemish imitative coinage (mostly 16th century on a large flan) Spink 1952.

Material: Gold. Diameter: Approximately 37–37.5mm. Weight: 7.54g. Grade, Very Fine. Pictures are of the actual coin. Please judge the quality for yourselves.—£1,287.

It’s an indication of the confidence that seller’s now have in eBay that this coin

was started at one penny confident that it would do well, and it did by attracting an impressive 25 bids from 13 bidders.

XIV Olympiad London 1948 bronze commemorative medal.

Official commemorative bronze medal as illustrations, signed BM, good condition with slight age related surface marks, 50mm diameter.­—£137.

Unusually this was started at £29.99 with six bidders placing 12 bids. Five bids were placed in the final six seconds which pushed up the price by £60, it was a very attractive medal.

1829 King George IV IIII gold full sovereign coin, scarce, rated in The Gold Sovereign by M. A. Marsh.—£1,030.99.

This was an amazing result as CYB values an example at £650 in very fine and this coin was at best VF with many surface marks, a higher grade example could be obtained from a dealer for this amount of money.

1678 2-sided copper bawbee enamelled coin gilded Charles II sixpence. Coin has no chips or flakes. Very light scratches.

Size 1”.—£163.43.

Enamelled coins do have a following but the quality of this example was poor, the bust had been completely re-engraved as had the thistle on the reverse. For it to receive 12 bids from just four bidders from a US$99.95 start is very surprising especially as it had the look of having been enamelled recently.

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August 2011

August 2011

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GETTING THE

ACCENT RIGHT DR KERRY RODGERS learns a little of South American notaphily . . .

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Latest issues AUSTRALIA

LITHUANIA

Theme: Australian Sealife Series: The Reef—The Hawksbill Turtle Mint: Perth Mint Metal: Silver Denomination: 50 cents Diameter: 3.6mm Mintage: 10,000 Contact: Perth Mint, www.perthmint.com.au

CANADA

Theme: The European Basketball Championship 2011 Mint: Lithuanian Mint Metal: Gold and cupro-nickel Denomination: 1 Litas, 50 Litas, Diameter: 22.3 mm (1 Litas), 16.2mm (50 Litas) Mintage: 1,000,000 (1 Litas), 5,000 (50 Litas) Contact: Lithuanian Mint, www.lb.lt

SWITZERLAND

Coin not shown actual size Theme: 75th anniversary of the World’s Frst Mobile Blood Transfusion Vehicle by Dr Norman Bethune Mint: Royal Canadian Mint Metal: Gold Denomination: $5 Diameter: 1.6mm Mintage: 5,000 Contact: Canadian Mint, www.mint.ca

LATVIA

Theme: The Beer Tankard—symbol of the summer solstice festivities Mint: Bank of Latvia Metal: Silver Denomination: 1 Lats Diameter: 21.7mm Mintage: 1,000, 000 Contact: Bank of Latvia, www.bank.lv, or your favourite new issue dealer.

Theme: Mountain Railway Series—The Pilatus Railway Mint: Swiss Mint Metal: Silver Denomination: 20 Swiss Francs Diameter: 33mm Mintage: 50,000 uncirculated, 7,000 proof Contact: Swiss Mint, www.swissmint.ch

TUVALU

Theme: Deadly and Dangerous Series—The Box Jellyfish Mint: Perth Mint Metal: Silver Denomination: $1 Diameter: 40.6mm Mintage: 5,000 Contact: Downies, Shop 5, Town Hall Square, Sydney, NSW, 2000, www.downies.com, or your favourite new issue dealer.

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

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News & views

Bulletin

The latest news from The Royal Mint

As well as The Royal Mint’s world-class production facilities, the Llantrisant plant in South Wales also houses The Royal Mint Museum. It represents one of the most impressive numismatic collections in the world, featuring outstanding rarities alongside the currency we use everyday—serving as a true reflection of the history of the coinage in the United Kingdom and of many other countries.

COIN NEWS has teamed up with the Museum to bring you an item from the collection every month.

Thomas Graham trial piece

T

HE physicist Thomas Graham was Master of the Royal Mint from 1855 to 1869, one of a small number of scientists who ran the organisation, the first being Isaac Newton in the early 18th century and the last Thomas Graham himself. What he might have lacked in administrative skill he made up for with his inquisitive mind and, through his investigations into the composition of metals, he generated a series of trial pieces in rather exotic materials.

The half-sovereign size piece illustrated here was produced in 1869 and, as is indicated from the inscription, was the result of experiments into Palladium and Hydrogenium. Unlike his interest in copper alloys, which had a direct effect on the composition of the bronze coinage issued from 1860, it cannot be claimed that these more esoteric investigations had any impact at all on the British coinage.

Having carried out the experiments, Graham is known to have given a number of the pieces to friends but, although they were produced at the Royal Mint, he did not see fit to deposit a specimen in the Royal Mint Museum. The example now in the collection was acquired in June 1940, an unexpected donation through the will of the chemist Sir William Pope.

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.

90th Birthday celebration T

HE 90th birthday of HRH Prince Philip has been commemorated on a new £5 crown—the first time a sole image of the Prince, the longest serving consort in British royal history, has been seen on the reverse of a UK coin. An intimate portrait of the Prince is depicted on the reverse with Her Majesty The Queen on the obverse. This is also the first time in UK history that a reigning monarch and consort have appeared on opposite sides of the same coin. The coin is the second design by Mark Richards, who has previously designed the official UK £5 commemorating the Royal Wedding in April this year. He commented: “The challenge for me, in creating this design, was to capture a man who gives great support to the monarch and the country, while remaining largely in the background. Therefore, I have focused on a close-up of his face with all its accumulated dignity, wisdom and experience. As the coin is to celebrate his 90th birthday, an intimate and wonderful occasion, I felt it appropriate to show the Prince as a person, rather than in his formal role as consort to the head of state.”

Struck in cupro-nickel, the coin is also available in four precious metal versions including a rare Platinum edition, of which only 90 will be struck.

Bringing it all together W

E have now featured all of the new 50p designs to mark the 2012 Olympic and Paralympic Games and just in case you were wondering how to display all 29 the Mint have come up with a carefully crafted album to hold each pack. There is even a final “slot” for a Completer Medallion details of which we have not yet received. The official collector album can be purchased individually or it will be included free upon purchase of the full set of London 2012 sports collection coin packs. To obtain your brightly coloured folder simply visit www.royalmint.com/ sportscollection or contact the Mint direct at the address below.

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

Variety is the spice . . .

JOHN ANDREW

T

HERE was a good variety of coins on offer during the period reviewed. The trend for really choice coins selling at prices that only a few years ago would never have been contemplated continues. However, there were also several surprises when coins sold for very large multiples above their estimate (nearly 30 times in a couple of cases). Whereas years ago a piece could remain unnoticed in a sale, the fact that most lots are now illustrated on the worldwide web means that being able to pick up a gem for a song have gone. It can still happen, but is getting increasingly unusual.

St James’s Auctions—General Sale—May 24, 2011

£24,088 was needed to secure the superb Henry VI angel.

An outstanding Elizabeth I half pound realised £27,025.

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I always feel that Stephen Fenton of this auction house waves a magic wand to conjure up choice rarities for his potential bidders to drool over. He certainly had a plethora of good material at this event. When a choice rarity was offered, the bidding certainly made the estimate seem inappropriate. This happened when a Henry VI (restored 1470–71) London angel was offered.

While examples of this issue are rare, it is in fact the commonest gold coin of Henry’s restoration period. However, what makes this particular example stand out head and shoulders above its peers, is that it is struck on a full round flan, is in extremely fine state and in the cataloguer’s words, “is “ practically as struck and thus”. The cataloguer is very rare thus must have felt somewhat bullish when he placed an estimate of £8,000–10,000 on the lot. However, it was contested to a hammer price of £20,500 (£24,088 with the Premium).

Spink retailed the coin in April 1973 for £450 and in 2003 auctioned it at its Coinex Sale where it realised £4,600 hammer.

Another choice rarity with a Spink provenance was offered. This was an Elizabeth I milled half-pound with the star mintmark for 1560– 66 and the “C bust”—an extremely rare specimen. The cataloguer’s description reads, ““some light surface marks, extremely fine, virtually as struck”.

In a struck footnote he continues in a less restrained tone, “A “ spectacular coin with the rarest bust, struck from the shilling die”. die The estimate was a very punchy £17,500– 22,500. The hammer fell just above its top estimate at £23,000 (£27,025 with the Premium).

Interestingly, when Spink auctioned this coin in November 1992, it sold for a hammer price of £4,700, which was just above its

top estimate. At that time the market was very much in the doldrums and this was a very good price. Indeed, at that sale an Elizabeth I “Fine” sovereign of 30 shillings in a pleasing extremely fine state, sold for some 15 per cent below its low estimate at £6,000. Today, such a coin could sell for £25,000–30,000 hammer. However, “Fine” Elizabethan sovereigns, though majestic coins, are more common than milled half-pounds, yet alone those in a condition that is very rare.

Indeed, if the market for choice rarities continues to rise, in time the price for the half-pound may appear very reasonable.

It has to be stressed that it is the really choice pieces that are sparkling. Whereas English hammered gold has risen substantially this century, it must not be thought that they are no longer within the grasp of the middle range collector. For example, a perfectly acceptable Edward III fourth coinage, pre-treaty period (1351–61) half noble was offered in a pleasing about very fine state and sold for £1,293.

Top of the British/English milled coins was an 1839 “Una and the Lion” five-pounds. Described as having “a few light hairlines, almost mint state, a brilliant proof, extremely rare”, it sold marginally below its lower estimate at £34,000 hammer (£39,950 with the Premium). The coin realised a hammer price of £30,000 when the auction house offered it in November 2009. An example as issued in the sets was offered in the same condition and that sold for a total of £38,400.

The highest price for an early milled piece was the £15,275 paid for a 1676 Charles II guinea with the elephant and castle below the monarch’s bust.

Described as, “certainly one of the finest known” the piece is practically as struck. Given that the Coin Yearbook lists an EF example at £7,000, this is a spectacular price, albeit at the lower end of the estimate range.

Milled sovereigns have been in demand for some time and this sale proved no exception.

An early high was the £6,815 paid for a William IV 1830 pattern. Examples are extremely rare, as only 6–10 examples are known. Sadly it does not fall into the choice category as there are contact marks and the edge has possibly been filed at the top of the obverse, but otherwise it is in extremely fine condition. A “brilliant virtually as struck” example was offered by St James’s last www.tokenpublishing.com

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Market scene September. The hammer price was then £15,000 (against £5,800 hammer at this sale), emphasising how much condition does count.

Stephen Fenton brought my attention to the late 1960s Seaby Standard Catalogue valuation for an 1886 Melbourne shield back sovereign. I looked at my 1969 copy and noted VF £7 and EF £12. An example was offered at this sale which, apart from a small scratch to the left of the date and other contact marks, is otherwise extremely fine. It sold for £5,052. Today we regard it as a very rare date—in those days, it was just another old bullion coin. More dramatically, a 1926 Sydney Mint sovereign was valued at £45 in EF at the end of the 1960s but at this sale an extremely fine example sold for £15,275. Today it is regarded as one of the great rarities of the sovereign series.

Then he pointed out the price of a London 1916 sovereign in the 1968 Standard Catalogue: £100 in EF. A practically uncirculated example but with a small edge knock sold for £353 at this sale. So, what when wrong? Quite simply, this was a rare date until the late 1960s when a quantity of them were discovered in a bank vault. Certainly in my 1969 Standard Catalogue the price had fallen to £40 in EF. Today an EF example is of no numismatic value and is regarded as “just” bullion. Strange how prices can suffer swings and benefit from roundabouts over the years.

Recently Iranian gold has been bubbling away, but there were signs at this sale that it was easing off the boil. High grade rarities among the overseas coins were strong, but as with the English/British material anything off-grade is as weak as ever. Not surprisingly a 1922 mint state Australian sixpence exceeded its punchy estimate and sold for £1,763. However, not everything rare and beautiful flew. For example a 1943 Republic of Ireland halfcrown in about mint state sold, but only at its lower estimate.

The cataloguer stated, “a very rare date and very rare this choice”, but the hammer fell at £2,750 (£3,231 with the Premium). Clearly Eire’s current

monetary problems have resulted in the nation taking its eye off historic money.

Star of the commemorative medals was a magnificent platinum medal of Louis XVIII presented by the Government of France to Field Marshal His Grace The Duke of Wellington. The piece commemorates the death of the monarch as well as the 10th anniversary of the Restoration of the Monarchy. It appears to have last been auctioned in 1974. Weighing 146.74 grams, the cataloguer placed an estimate in line with the bullion price: £6,000–8,000. It would have been sacrilege if an item such as this were placed in the melting pot. However, as it happened, the buyer will cherish it. How do we know? There was a real battle royal for it and anyone paying a fortune for something beautiful will look after it. The tug of war was between an overseas telephone bidder and a dealer in the room. The dealer, CNG, won. The item realised a very healthy £22,325.

Over the years English/British gold coronation medals have attracted interest. It is not surprising that this event saw them attracting attention again as eight of the 25 English, British and overseas medals offered fell into this category. Top price went for a gold medallion for the 1689 Coronation of William and Mary by Roettier.

Apart from some surface marks, this most attractive medal realised £4,230, double its top estimate. The most interesting was a George IV gilt-metal box medal for his Coronation in 1821.

It contains 17 printed roundels of the Chronology of the Sovereigns of England. A snip at £564.

The sale totalled £942,713 with 149 of the 925 lots remaining unsold.

Very rare Irish halfcrown sold for £3,231.

Medal in platinum and presented to the Duke of Wellington made £22,325.

Baldwin’s—Argentum Sale—June 4, 2011 This was an unusual Argentum sale as it contained a particularly outstanding collection of lots. These included 151 from the David Heur Collection that was formed from 1930 through to 1990. Comprising mainly ancients, it also embraced British and overseas pieces. David Heur of Memphis began collecting at an early age. His father made regular visits to London in the 1930s and would buy him coins from Baldwin’s. Later David worked his passage to England and visited Baldwin’s himself. He made other visits over the years. He passed his coins to his three children, who have now decided to sell.

Perhaps one of the most outstanding examples was a Julius Caesar lifetime issue silver denarius.

The piece was struck by order of P Sepullius Macer in January–February 44 BC and its obverse features Caesar’s wreathed head facing right, with a star behind. It is a beautiful example with an excellent portrait struck on a broad flan and the coin is enhanced by a wonderful old cabinet tone. Although a little softly struck on the high point of the wreath, it is otherwise in about extremely fine sold. It sold for 20 per cent above its upper estimate at £3,540. A similar example August 2011

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with an attractive portrait but in nearly very fine state with a slightly smoothed edge, sold for £1,947 against an estimate of £600–800. All of the Heuer Collection sold for a total of £76,935.

The nice thing about the Argentum sales is that there can be something for everyone. For example, the top price in the British section was the £590 paid for a William I PAXS type (1083–86) struck at Ipswich by Aegelwine. The piece, which is toned, is in very fine state. My choice would have been a James I second coinage shilling with the rose mintmark for 1605–06. There are some surface marks and the reverse shield is softly struck. Otherwise it is in nearly very fine condition, but the obverse portrait is better than the general run—and it was only £142!

The curious often surfaces in Argentum sales.

According to A Survey of Primitive Money by Quiggin, first published in 1949, tea “still forms the currency between China and Tibet”. At this sale a circa 1960s tea brick was offered. It sold for £94. Now that would be a good a good talking point in any collection. However, it was in the world section that some of the fiercest battles were fought. The most intense of these was for a Madras Presidency 8-cash or paisa.

Silver denarius depicting Julius Caesar, from the David Heur collection, sold for £3,540.

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Market scene

James I second coinage shilling realised just £142.

£2,596 was paid for the Salem mint 8 cash.

What makes the piece unusual is that it was struck at Salem in 1213h. The story is complex, but is worth telling. Following the Third Mysore War, the East India Company gained a sizeable part of the Tipu Sultan’s lands. Included was an area known as the Baramahal, some 70 miles inland from Pondicherry. A Captain Alexander Reid was in charge of this area and Salem. When he arrived, he found a great complexity of coinage in circulation and he considered ways of introducing a more standardised coinage of star pagodas, fanams and copper coins in addition to the rupees being struck at Madras.

However, it appears that Madras-struck currency was insufficient to supply the newly acquired territories,

so orders were issued for mints to be, opened at Krishnagiri and Salem to produce pagodas, fanams, acrot rupees and copper dudus. The two mints seem to have been working by AD 1793 but were closed a couple of years later. Their output was indistinguishable from those produced elsewhere in the Presidency. The Salem mint is reported to have closed in 1795 but, if it did, then it must have been revived temporarily in 1798 or 1799 to produce the copper 8-cash, an example of which was offered at this sale.

The 8-cash are the only coins known to have been issued with certainty from Salem. The legends are in both Tamil and Persian. The fact that so few of these coins are known (possibly no more than three or four) suggests that they never saw much, if indeed any, circulation. The piece offered here is in very fine state. It sold for £2,596 against an estimate of £500–£600.

This auction is held in conjunction with the London Coin Fair. The sale was well attended with a steady stream of regular clients and new buyers viewing beforehand. There were 340 registered bidders, of which 127 were successful.

The sale totalled £62,700.

London Coins—Coins and Paper Money—June 5– 7, 2011

£49,140 purchased the Treasury five shillings proof.

A specially numbered 1867 penny sold for £10,530.

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This was a landmark event for auctioneer Stephen Lockett for a number of reasons.

Potential bidders could not have failed to notice that his regular auction has now been extended from two to three days and that paper money now has its own catalogue. This auction house has been chipping away at the market and there is every indication that its efforts have paid off and it has established itself as a serious force in the marketplace.

Indeed, the top three prices for the event were for papermoney. The highlight was for a proof of a Treasury 5-shilling note dated December 1917. Spink last auctioned the piece on October 8, 1992. Printed on watermarked paper, the issue was distributed to the clearing banks, but none was placed into circulation. Indeed, all

were recalled by the Treasury and destroyed. It is believed that this is the only proof that survived.

In 1992 it sold for a hammer price £11,800. Its sale was even reported in the Sun and the winning bidder received the cutting to mark its sale being a newsworthy event. The piece was given a wide estimate of £25,000 to £50,000, but in the event the top end was a little optimistic as the hammer fell at £42,000—but that’s £49,140 with the Premium.

Perhaps the estimate was set with the Premium in mind?

Other notable paper money prices were £42,120 for a set of eight Bradbury £1 trial notes.

Five are printed on thick paper, three on thin and six are with crowns and two are without. The colours of each are different. Needless to say, an excessively rare set. An excessively rare link pair of Bradbury £1 notes were also offered. The first is numbered LL/34 000299 and the second note’s serial number immediately follows, i.e.

LL/34 000300. A truly remarkable pair that sold for £19,890.

The highest price for a coin was paid for a Victorian bronze penny. After the hammer, one person in the room was heard to say to another, “that seems a lot to get for a coin with numbers scratched on it”. This was an 1867 penny with 542/329 scratched in the field before the bust.

The actual coin is listed in Peck (No 1675) and is described as “probably unique”. Peck lists 15 pennies from 1862 through to 1867 marked in this way (though in one case the smaller number is in front of the bust and the larger one behind it). All numbers are different. Peck gives no explanation as to why the numbers are there.

However, Michael Gouby in British Bronze Coins (third edition) does reveal why. He cites a Royal Mint Report in 1982 when Graham Dyer, the Mint’s then Librarian and Curator states that the numbers relate to batch samples that are additional to all other tests and inspections to internal pyxing carried out at the mint. The larger numbers are the cumulative output since 1860 expressed in tons, while the smaller numbers are the cumulative output for that particular denomination also expressed in tons. The www.tokenpublishing.com

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Market scene engraving of the numbers is therefore official and not as the overheard attendee at the sale thought, graffiti.

I must confess, I had never heard of these numbers until I read this sales catalogue.

However, Michael Grouby advises that there are 30 examples of pennies, halfpennies and farthings bearing these numbers. More than half of these—17 to be precise—are in the British Museum. The penny offered at this sale is from the Peck collection. The cataloguer estimated the piece at £2,500–3,000. It realised £10,530.

Other highlights in the English/British section of the sale are an 1831 proof crown. This piece certainly is aesthetically appealing and has a rich tone. There are scuffs in the fields, but otherwise it is in about uncirculated state.

It sold for £8,775, its lower estimate. There was interest in a choice 1658 Cromwell halfcrown.

The piece is practically in mint state and there is an attractive blue and gold toning. The striking is “crisp”. The dealer’s ticket sold with the piece indicated that it had been offered in the trade at £7,500. Someone must have been disappointed— either the dealer or the person who bought it—it sold for £5,616, a shade below its upper estimate.

A 1746 proof crown described as “UNC or near so and pleasing with a light tone” sold for £5,616.

The catalogue contained pages of proof sets, most of them being modern. However, there were some vintage ones. For example, there was a 1911 “long set” comprising the 12 coins from the gold £5 to the silver Maundy penny in its original case. Described as “a most pleasing set in FDC”, it realised £4,914. The same price

was secured for a Golden Jubilee Gold Proof Set 2002 comprising the 13 coins from the £5 to the Maundy penny all struck in gold. It sold for exactly the same price! This has to be the Royal Mint’s most popular proof set for years!

The auction was full or surprises. The biggest without doubt was a Straits Settlements 1890 proof quarter cent. The Krause catalogue simply states “rare” and no price is given. Apart from a corrosion spot on the reverse, the piece is about UNC and is toned. The cataloguer thinks it may have been lacquered at some time. The piece was estimated at £250–750. It was contested to £8,775! Lucky vendor!!

There were also some surprises in the British section. A 1908 penny (Freeman 164A – dies 1* + C) was offered in very good state with an estimate of £15–30. It was contested to £515. A 1921 shilling also surprised. This has the deeply engraved portrait used prior to 1920, but with the nose “going south”. It is listed in the Standard Catalogue (S4023) at £185 in UNC. Apart from a hint of cabinet friction on the reverse, the example offered is uncirculated. It sold for £248.

At the beginning of this report, I said that this was a sale special for several reasons. The total was £1.138 million—which is the auction house’s highest ever total. Furthermore, 3,451 lots were offered, making it London Coins Auction’s largest event.

Despite its low estimate the Straits proof quarter cent sold for an amazing £8,775.

Morton & Eden—General Sale—June 9, 2011 This sale was rich with ancient Greek coins, commemorative medals and Islamic coins. It also included the majority of the coins from The North Suffolk Hoard of Roman Denarii. The “Dove” Collection of Greek Coins was small, but what it lacked in size, it made up for in quality.

The highlight here was a Sicilian silver drachm struck at Aitna in 476–70 BC. Its obverse features a naked youth riding on horseback, its reverse the enthroned Zeus Aitnaios. There are faint traces of overstriking in the reverse field, but otherwise it is in good very fine condition.

The coin is of considerable historical importance. In 476/5 BC, the tyrant Hieron of Syracuse moved his capital at Katana, expelling the indigenous population and remaining is Aitna because of its close proximity to Mount Etna. The occupation lasted some 15 years until 460 BC when, after Hieron’s death, the Katanians retook their city, in turn expelling the former Syracusans who settled at nearby Inessa. This coin stems from Aitna’s first coinage of 475–70 BC, together with a unique tetradrachm, they are the only recorded specimens of this coinage.

The cataloguer placed an estimated of £40,000– 50,000 on this unique coin. Not surprisingly it was contested and realised £84,000. A European dealer bought it.

The star of the medals was a lead medal by Pisanello of John VIII Palaeologus, the imposing but weak Western ruler of Constantinople.

In 1438 he was in Italy to attend a Council at Ferrara for the reconciliation of the Eastern and Western Churches. As court painter to Duke Nicolo of Ferrara, Pisanello was no doubt August 2011

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called upon to immortalise the Emperor. Seen against the growing interest at the time in classical coins and medallions, the impressive retinue of the penultimate “Roman” Emperor was such a WOW factor for the painter that he decided to capture the event on a medal. The piece was an instant success and the portrait inspired many later artists. As it is believed to be the earliest of Pisanello’s medals, as such this piece represents the birth of the portrait medal in the Renaissance. Apart from some surface scuffs and edge knocks, this is a very fine contemporary cast with a grey patina. However, it is cast in lead and this inevitably will not make it appealing to many. In fact it sold below its low estimate at £11,400 to a US collector. He has secured a very important Renaissance medal for a fair, but reasonable price. I feel sure it will have pride of place in his collection.

Although the Islamic section was extensive, it did not bristle with rarities as in April when the top price was £3.72 million.

The top price at this sale was £15,600 for ArabSasanian later Khusraw II type drachm struck

Lead medal by Pisanello sold below estimate at £11,400.

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Market scene at Dimashq in 74h. Although the British section was small, there were some good pieces A UK dealer secured a “fine work” 1701 five-guineas. Yes, it has a minor nick on the neck and is in nearly extremely fine state, but it does have a pleasing red tone. It realised £11,400.

In the later gold, an 1887 Melbourne mint young head sovereign certainly gathered a following. It has the usual bag marks, but these are quite light and the overall condition is good extremely fine. Examples such as this are rare and this was reflected in the price £6,600 to a UK dealer. A James third coinage unite, which apart from some weakness in the legend, is otherwise extremely fine or better, sold for £3,000, its mid-estimate.

The coin hoards are always exciting.

At this sale we saw the final stage of one find, the North Suffolk Hoard of Roman Denarii. Detectorists John Halles and Norman Howard

discovered the 206 pieces of Roman silver in April and May 2009. The coins appear to have been concealed in a small pit in the ground with no evidence of a container being present. The earliest dated to the 2nd century BC and the latest to the reign of Domitian, around AD 82–83.

The British Museum purchased nine coins, the remainder were offered at this sale. Most were sold in multiple lots. The highest price for a single coin was the £1,560 paid for a denarius of Otho issued in the period January 15–April 17, AD 69.

Apart from a scratch before the obverse portrait and minor marks as well as light cleaning, it is in about extremely fine condition. The hoard totalled £13,560.

Finally, the British portion of the medal section contained a reasonable run of gold Coronation medals. Strange how auction offerings can be like buses—as soon as one comes after a long wait, it is immediately followed by another. Furthermore they nearly chronologically followed St James’s Auctions’ offering. Joint top price was for a William IV in good extremely fine and a Victoria about extremely fine. Each sold for £2400.

The sale totalled £618,564, with 95 per cent of the sale selling by value.

IMPORTANT NOTES

Sicilian silver drachm struck at Aitna—the star of the Dove collection at £84,000.

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Unless otherwise stated, the above realisations are inclusive of the Buyer’s Premium.

In other words, they are the hammer price plus the Premium. At St James’s Auctions this is 17.5 per cent; at Baldwin’s 18 per cent and at Morton & Eden it is 20 per cent.

Value Added Tax (VAT) at 20 per cent is added to the Premium. At London Coins Auction it is 17 per cent inclusive of VAT.

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AUCTION SALE SATURDAY 17TH SEPTEMBER 2011 @ 11.00 am

On behalf of Mr Francis Mason of Skegness, Lincolnshire of his complete private collection of: ROMAN, GREEK and BYZANTINE COINS, A SELECTION OF ENGLISH HAMMERED and MILLED COINS, 19c PROVINCIAL TOKENS, BRITISH and FOREIGN BANKNOTES, 19/20c USA, RUSSIA and other FOREIGN COINS together with a large selection of REFERENCE BOOKS. AT THE MART SALEROOM, ROMAN BANK, SKEGNESS, LINCOLNSHIRE, PE25 2SL VIEWING: WEDNESDAY 14TH SEPTEMBER, 2011 11.00 am – 6.00 pm FRIDAY 16TH SEPTEMBER, 2011 11.00 am – 6.00 pm SATURDAY 17TH SEPTEMBER, 2011 8.00 am to start of sale

FULL DETAILS & CATALOGUE CONTACT THE AUCTIONEER—JONATHAN BOOTH Telephone: 07917 186527 (mobile) 01754 766061 (office) Email: Jonathan.Booth@tes-property.co.uk

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PENRITH FARMERS’ & KIDD’S PLC Auctioneers and Valuers (Est 1876) Skirsgill Saleroom, Penrith, Cumbria, CA11 0DN Tel 01768 890781 Fax 01768 895058

www.pfkauctions.co.uk

E-mail: info@pfkauctions.co.uk

1925 Mis-struck Shilling

1708 Shilling Collection of Roman Coinage

Bhutan 1966 3 Coin Gold Proof Set

Royal Mint, Three Monarchs Sovereign Mint Mark Set of 12 Coins

COIN SALE

to be held in the Skirsgill Saleroom, Penrith, on

Thursday 18th August 2011

(Approximately 200 Lots) To include: Roman, Ancient Bronze, Silver and Modern Gold Proofs www.tokenpublishing.com

August 2011

Ancients MARVIN TAMEANKO

Alexander the Great’s

elephant coins

S

CHOLARS are constantly examining, revising and updating history, and coins appear to be one of the best sources for new information. For example, historians who idolised Alexander the Great, 337–323 BC, as the “Golden Boy” of early western history, are now challenging his reputation by reinterpreting his coinage. Many eastern scholars, especially from Afghanistan, Pakistan and India, now claim that Alexander’s deeds were exaggerated far beyond belief. This is not a new observation; the Roman 1st century historian and geographer, Strabo, grumbled in his book, Geography, that “All who wrote about Alexander preferred the marvellous to the true.” Even Alexander’s iconic legend, often quoted by authors today, that “Alexander conquered most of the known world”, is disputed. Alexander knew all about the Carthaginian Empire in North Africa and Spain, the Etruscan, Latin and Greek states in Italy, the Celtic kingdoms in Gaul and Asia Minor, the Scythian nations in the Russian steppes, the Ethiopian lands in Africa, the populous regions of southern India and Sri Lanka, and much about China, the enormous empire at the farthest edge of the earth. These countries comprised more than 80 per cent of the world known to Alexander, and he never conquered them.

The quarrel over Alexander’s reputation focuses on his last great battle, and alleged victory, over the Indians, at the Hydaspes (Jhelum) River in 326 BC. At the request of King Taxiles, his Indian ally in the western Punjab, Alexander led his army of battle-weary veterans in an invasion of the eastern Punjab, ruled by the powerful Hindu king, Porus. And he did this in the monsoon season, when the constant, tropical storms made military campaigns difficult.

Despite the terrible weather, Alexander’s army of Macedonians, Greeks, Persian and Indian allies, totalling 34,000 infantry and

An illustration of the battle at the Hydaspes River, 326 BC, by Andre Castaigne, 1898.

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7,000 cavalry, reportedly defeated Porus, with his approximately 40,000 infantry, 2,000 cavalry, 1,000 scythed chariots and 200 war elephants, on the banks of the Hydaspes River. Porus was the Greek name for Puru, the royal title for the Rajah of Paurava, a large and populous kingdom now located in the Pakistani Punjab. Porus’ reputation as a powerful figure was just as inflated as Alexander’s and his legends claimed he was between seven and eight feet tall.

The Indian war elephants in Porus’ army were new weapons to the Greeks but Alexander’s soldiers had familiarised themselves with Taxiles’ beasts and had devised tactics to counter their devastating charges. The soldiers constructed long pikes with sharp blades and used these to disable the animals by stabbing at their eyes or cutting off their trunks. Also, the Macedonians discovered that the soles of elephants’ feet were thin-skinned and so planted caltrops or spiked planks in front of their lines. After the battle at the Hydaspes, Alexander recognised the power of elephants as psychological weapons in warfare and incorporated several herds into his army. In addition, Alexander commemorated his victory at the Hydaspes by striking coins that showed him or his personal deity, Hercules, wearing an elephant scalp headdress.

Contrary to most western accounts, the battle at the Hydaspes may not have been a total victory for Alexander and may have resulted in only a truce between the opposing forces. The Roman historian Arrian, in his work, The Campaigns of Alexander, Book 5, 19, reported that after the battle Alexander asked the captured Porus how he wanted to be treated. Porus replied that he wanted to be treated as a king, so Alexander restored his throne, added territories to his kingdom and made him his governor (satrap in Persian) of the region. This is a surprising tale because Alexander never treated any of his defeated opponents so magnanimously, usually executing them on the spot. Perhaps this fable was concocted to conceal an embarrassing stalemate and a truce in which Alexander was forced to accept Porus’ sovereignty and to enlarge his domains. The fact that Alexander’s army mutinied and refused to go farther into India soon after this battle may indicate that many of his soldiers had been killed or wounded and the survivors were demoralised. All of this is speculation because we have no first-hand accounts of the events, and many historians glorified Alexander’s victories in the Punjab and treated him as a great military champion. Today, many Indian and Pakistani scholars claim that Porus actually defeated Alexander at

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Ancients the Hydaspes and ended his dream of world domination. To most eastern historians, “Rajah Porus was a great hero of the Punjab”, and in the Indian subcontinent he is awarded a celebrity exceeding that of Alexander’s. It may be that Alexander won the battle at the Hydaspes but Porus won the war, regained his kingdom and enlarged his territory. In fact, in 325 BC, a year after the battle at the Hydaspes, Alexander retreated from the Punjab with a disgruntled army and only the loot he could carry.

spear, the famous “sarissa”. The guard sitting at the rear of the elephant blocks Alexander’s spear thrust with his hand to protect Porus who rides in front and hurls a javelin at Alexander. The king also holds another javelin and a goad to direct the elephant.

Numismatists concluded that this coin commemorated the battle at the Hydaspes because it showed Alexander vanquishing Porus who is fleeing on his war elephant, and they gave the coin the title, “Alexander’s Elephant Medallion”.

On further examination, historians claimed that the reverse of this coin showed Alexander himself, holding a spear or sceptre in his left hand and a thunderbolt in his right. The thunderbolt, the main attribute of the sky and rain god Zeus, implied that Alexander, like Zeus, caused or controlled the monsoon storms during the battle. In addition, Alexander was related to Zeus because, in 332 BC he had travelled to the Temple of the god Amon (the Egyptian equivalent of Zeus), in the Oasis of Siwa in Egypt and the oracle there confirmed that he was the divine son of Amon. These coins, displaying a godlike leader, served as morale-building, propaganda pieces and the scholars declared they were struck by Alexander after the battle and given to his soldiers as medals or military awards (aristeia in Greek) but also as cash bonuses to be used as money if required. All the elephant decadrachms discovered to date show considerable wear so they must have circulated for many years.

Alexander receiving Porus after his defeat at the Hydaspes. A painting

by Emanuel Muller Baden, 1904.

Attempts by western scholars to prove that Alexander defeated Porus in 326 BC are based on some interesting but rare and problematic coins. These coins are called “Elephant Medallions” by numismatists because they all feature an elephant, and were supposedly struck to commemorate the victory at the Hydaspes.

They were probably fabricated by a military mint travelling with Alexander during his campaigns. The first of these coins was found in 1877 in an enormous hoard of coins on the banks of the Oxus river in Afghanistan. It was a large piece, a decadrachm (10 drachms), valued as five shekels in Asia, the largest silver denomination issued by the ancient Greeks and Persians. It was a part of the famous “Oxus Treasure”, which was reputed to contain thousands of coins and artefacts, and its discovery and the events that followed became a fabulous tale involving greedy merchants and politicians, murderous thieves, corrupt soldiers and some fame-seeking explorers. The single elephant coin in the Oxus Treasure was acquired in 1887 by the British Museum from the collection of its Keeper, Sir A. W. Franks, and is now titled the “Franks Medallion”. Antiquarians believed this medal-like coin documented the battle of Hydaspes because the obverse showed a Greek horseman attacking a retreating elephant ridden by two Indians. The reverse of the coin depicted a flying Victory conferring a wreath on a standing, armed warrior who holds a thunderbolt.

In the years after 1887, more of these elephant decadrachms were discovered and today approximately 10 to 25 genuine specimens are known, two located in the British Museum. The exact number of these coins is uncertain because of the secrecy that was imposed on the finds by various agencies.

The author’s reconstruction drawing of the Elephant Medallion decadrachm presumably struck for Alexander the Great in 326 BC, after the battle of the Hydaspes.

Unfortunately, the Elephant Medallions are crudely designed, poorly struck and lack inscriptions so their true functions and the issuing authorities are unknown. Even though they seem to be an emergency currency, hastily struck to pay Alexander’s mutinous soldiers, when compared to the very fine contemporary coinage issued in Asia and Egypt to commemorate Alexander’s victory in India, these decadrachms look like primitive, non-Greek issues. Alexander’s usual Hydaspes commemorative coins were engraved by the best Greek artists available, and they displayed a splendid portrait of Hercules, Alexander’s patron deity or, as some numismatists claim, a stylized bust of Alexander himself, wearing an elephant headdress. The reverses of these coins illustrated the god Zeus seated on his throne and holding his main symbol, an eagle. Millions of these tetradrachms were fabricated from the melted down treasures seized by Alexander as spoils of war.

The typical artistic, fine tetradrachm struck for Alexander in Egypt by Ptolemy I as satrap just after Alexander’s victory in India. This one was struck in 323–305 BC, contemporary with the Elephant Medallions.

A copy of the Elephant Medallion decadrachm based on the Franks Medallion, similar to number 6216 (but attributed to Bactria) in Greek Coins and Their Values by David R. Sear. (Photo courtesy of a private collector.)

After several incorrect interpretations, scholars decided that the scene on the obverse of the coin showed Alexander the Great, on his horse Bucephalus, attacking King Porus and his bodyguard, retreating from the battle on his elephant. Alexander wears the typical Phrygian (Thracian) type of helmet with a crest and side plumes, favoured by the Macedonian cavalry, and he holds a long

34

Coin news

Eighty-six years after the first elephant coin was discovered in the Oxus hoard, more decadrachms were uncovered in the East along with some tetradrachms (four drachms) coins, also showing an Indian elephant. A large hoard of coins was found in Iraq in 1973 containing from three to seven Elephant Medallion decadrachms and between seven and eleven specimens of a tetradrachm that showed a riderless elephant on the obverse and an Indian bowman on the reverse. The uncertainty of the number of elephant coin types found in the “Iraq Hoard” resulted from the secrecy that surrounded the find. The bowman on the so-called www.tokenpublishing.com

August 2011

Ancients “Elephant and Archer” tetradrachm is shown using the Indian recurved bow, which was as tall as a man and shot 120 centimetre (4 foot) long arrows. These archer coins were found in very poor states of preservation, some with deep cut marks, so a drawing is the best way to illustrate it.

The author’s reconstruction drawing of the elephant tetradrachm from the Iraq Hoard of 1973 showing the Indian bowman.

By the subject matter and the style, numismatists connected this archer coin directly to the Elephant Medallion decadrachms in the same hoard. In addition, the Greek letter “X” appears on the coin below the elephant, and the ligatured Greek letters BA or AB, are engraved behind the archer on the reverse. The meaning of these letters is not yet understood although several tenuous theories have been proposed. The best theory suggested that the BA represented Babylon, the city where the coins may have been struck. The letters do however suggest that Greeks, not Indians, engraved the coin dies.

Due to political interference, the actual contents of the Iraq Hoard were misreported, and several years after the discovery another unknown elephant tetradrachm, apparently from this same find, appeared in a European auction sale (Bank Leu Sale 13, Lot 132, April 1975). There may have been one, two or three of these coins in the hoard but no one knows for certain. This rare tetradrachm displayed an elephant on its obverse with two Indian riders, the guard at the rear of the elephant looking back at an invisible attacker and the front rider holding a goad. The reverse of the coin showed an Indian bowman holding a short bow, accompanied by a driver, in a charging “quadriga”, a four horse chariot. Once again the image of the elephant and riders, and the fabric of the coin connected it directly to the Elephant Medallion decadrachms found in the same hoard. This so-called Elephant/Chariot coin was also heavily worn as if it had circulated for decades and a drawing is the only way to clearly illustrate its details.

The author’s reconstruction drawing of the exceedingly rare Elephant/ Chariot tetradrachm from the Iraq Hoard showing the Indian bowman and driver in the quadriga. Sketched from lot 132, Bank Leu Sale 13, April 29, 1975.

In 1992, another fabulous hoard of coins was found in the village of Mir Zakah in Afghanistan. This discovery was made in the same water well that had given up a treasure trove of thousands of gold coins in 1974. The second find was perhaps the largest Greek numismatic discovery in history and supposedly consisted of three to four tons of coins, and roughly 200 kilograms of jewelry, vessels, gemstones and votive plaques. These statistics are only estimates because the find was never properly documented. Historians believe that the Mir Zakah hoard was a Kushan army’s war booty or a temple treasury deposited for safety during some conflict in the area in the early 3rd century AD. Ironically, the second discovery was made during the conflict in the Afghanistan War of 1992, and government officials, local warlords, peasants and soldiers immediately commandeered portions of the treasure and sold them to foreign buyers. We do know that the estimated 500,000

August 2011

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to 1,300,000 coins in this hoard consisted of Greek, Bactrian, IndoGreek, Indo-Scythian and Kushan types dating from the late 4th century BC to the early 3rd century AD, a time span of 600 years.

In addition, local rumours suggested that the hoard contained 15 Elephant Medallion decadrachms, but no records exist. A small part of the Mir Zakah treasure is now held in the Miho Museum in Japan.

The claim made by most numismatists that all the elephant coin types were struck by Alexander may be challenged by recent research into the history of the battle at the Hydaspes. As well, if we closely examine the three elephant coin types, we may recognise that they were engraved by local artists who had a poor knowledge of Greek artistic styles. It may even be concluded that the coins were crudely struck by unskilled craftsmen on rough, inadequate silver blanks. These observations strongly suggest that the medallions were not struck by Alexander’s officials, using Greek artisans, but by local Indian minters employed by a Hindu authority. Because we know that Porus became Alexander’s satrap in India, an official with great powers including the right to strike coins, it is possible that Porus had his own workers make these coins. To corroborate this theory, it should be noted that the elephant tetradrachms feature a powerful Indian bowman in battle or a charging Indian quadriga vigorously attacking the enemy. It is highly unlikely that these spirited images of Indian warriors on the attack, would be engraved on a coinage that commemorated their defeat in battle.

The Indians are shown as proud, fighting warriors, not as captives or vanquished prisoners in poses of submission or defeat, as would be expected if victorious Macedonians struck the coins.

Contesting this observation, some numismatists claim that the Indian warriors shown on these coins were actually the supportive soldiers of Taxiles, Alexander’s Indian ally fighting against Porus, and therefore worthy of being honoured on Alexander’s coinage.

However, this explanation disregards the well-documented fact that the Macedonians disdained their allies who they considered to be inferior soldiers and unreliable auxiliaries suitable only for minor or sacrificial roles in battles.

With all this information we may be able to examine the Elephant Medallion decadrachms in a different light. It is possible that Porus struck these coins when he was secure in his kingdom, immediately after Alexander left India in 325 BC. He may have issued the coins to proclaim his narrow escape from death at Alexander’s hands at the Hydaspes and his remarkable restoration to power. So the elephant coins may have been minted to honour the brave Indian soldiers who made this miracle possible. Reinterpreting the scene on the obverse of the elephant decadrachm, we could say it showed Porus surviving an attack while executing a fighting retreat to safety. He even hurls a javelin at his attacker, an aggressive act of defiance not usually performed by a defeated leader fleeing for his life. If Alexander had struck this coin to commemorate Porus’ defeat, he would have employed the conventional images used on victory coins and shown the Indian bodyguard dead beneath his rearing horse, the exhausted elephant on its knees, and a dejected Porus siting on the ground, surrounded by discarded weapons. As well, the military figure on the reverse of this decadrachm, usually identified as Alexander, may be Porus himself, dressed as the new governor and acting in Alexander’s name. In his official position as satrap, Porus would have been in charge of a large Macedonian garrison and bodyguard and therefore worn a Macedonian type of helmet as a symbol of his status as supreme commander of the army. A general wearing the head gear and insignia of his bodyguard or of a favourite regiment was a long-lived military tradition in the ancient world and persists even today. In addition, the reverse figure’s attire, the long cloak with a serrated hem, and the absence of “greaves”, the Greek metal leg protectors, does not resemble a Macedonian uniform but rather the costume of Indian royalty. If the figure is indeed Porus, the thunderbolt he holds, an emblem of Zeus, may have been his insignia of office, officially declaring his appointment by Alexander, the son of Zeus, and proclaiming his power to govern. If these suppositions are correct, the decadrachms should be properly titled the “Porus Elephant Medallions”, and they were probably struck sometime in 325 BC, after Alexander left India.

Unfortunately, Rajah Porus did not remain the king and governor of the Punjab for very long. In 318 BC, five years after Alexander’s death, an officer of Perdiccas, one of Alexander’s generals and his official successor, assassinated Porus and seized his numerous herds of war elephants. Perdiccas needed these trained mammoths to fight the “Diadochoi”, Alexander’s other

Coin news

35

Ancients and an image to associate the Kushan leader with a victorious Porus, or perhaps with an equally victorious Alexander. The reverse exhibited a standing, military figure, similar to the one on the original elephant decadrachm, but representing “Eraklio”, the Indian Hercules and Alexander the Great’s patron deity.

A very rare gold Kushan dinar struck for Huvishka I, AD 152-192, showing the king riding an elephant on the obverse and the standing figure of Eraklio on the reverse.

Although the eastern Indo-Greek, Indo-Scythian and Kushan kings continued to use war elephants for a short time after the 1st century AD, the animals were too cumbersome in the West and became obsolete. However, even when they ceased to function as weapons of war, elephants became symbols of Porus’ or Alexander the Great’s military might, and rulers in both eastern and western nations used the images of elephants on coins to proclaim themselves as the successors of these great men, and the new “conquerors of the known world”. In AD 216 the Roman emperor Caracalla, setting out to invade Parthia, modelled himself on Alexander the Great who had conquered the same Persian region. He adopted Alexander’s dress and weapons, added the descriptor, “Magnus”, the Great, to his own name and conscripted a large corps of elephants for his army. Like Alexander, Caracalla would perish in the East and the elephants would carry only his ashes back to Rome.

A tetradrachm struck for Seleukos I, 312-281 BC, in Seleukeia on the Tigris, showing the quadriga of Indian elephants.

From the 3rd century BC to the 1st century AD, elephants were used in warfare but in decreasingly important roles. War elephants were employed in battles by the Carthaginians, Seleukids (Syrians), Bactrians and by the Indo-Greek kings, mostly to frighten the enemy. Naturally, these great beasts, traditional symbols of military power, were displayed on their coinage. The last Greek influenced Indian coins that showed elephants were minted by the Kushans, the Indo-European people called the Yueh-Chih, who had been displaced from northern China and migrated into Bactria and the Punjab in about 100 BC. They eventually took control of the Punjab area in the 1st century AD and a rare Kushan gold piece showed an elephant being ridden by the king, a scene possibly inspired by the earlier elephant decadrachms. The elephant on this coin is probably an allusion to the battle at the Hydaspes River

36

Coin news

A denarius of Caracalla struck in 212, honouring the elephants used in his campaign in the East.

Further Reading: HOLT, Frank L., Alexander the Great and the Mystery of the Elephant Medallions, 2003.

BOPEARACHCHI, O. and FLANDRIN, P., Le Portrait d’Alexandre le Grand: Histoire d’une decouverte pour l’humanite, 2005.

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August 2011

Coin illustrations unless stated otherwise courtesy of the Classical Numismatic Group, CNG, www.cngcoins.com

generals and claimants to the succession. In 317 BC, during the conflict between the various successors, the Macedonian garrison was withdrawn from the Punjab and the country descended into chaos. The destabilised nation was eventually taken over by Chandragupta, the Hindu king of nearby Magadha, who unified the country using Alexander’s military tactics, and founded the Maurya Empire. This new state existed for 137 years and became Alexander’s most lasting legacy to the region.

But the story of Porus’ or Alexander’s elephants did not end at that time. For many years afterwards, the Macedonian, Greek Carthaginian and Indian kings continued to use elephants as weapons, similar to modern-day tanks, to crush the ranks of their opponents. In 309 BC, Seleukos I, Nikator (Victor), one of Alexander’s successors who took control of Babylonia and Syria, attacked Chandragupta in an attempt to regain the Punjab.

After a protracted war, a peace treaty was signed in 303 BC with Chandragupta keeping his kingdom and Seleukos receiving 500 war elephants for his army. This important victory of Indian troops over a Macedonian led, Greek and Persian army, and the peace treaty that followed, may have convinced the eastern historians that Porus could have actually defeated Alexander at the Hydaspes in 326 BC. To indicate how important elephants were as weapons of war, Seleukos commemorated his treaty with Chandragupta on a tetradrachm showing the head of Zeus on the obverse and a quadriga with Athena Promachos (Defender) drawn by four Indian elephants on the reverse. The legend stated “Basileos Seleukos”, meaning ‘of King Seleukos’ but the elephants undoubtedly represented the reparations paid by Chandragupta to Syria after the war.

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Spotlight RAYMOND PALERMO

Two Guineas of

GEORGE III G

EORGE III ruled Great Britain (from 1800, the United Kingdom) for nearly 60 years. For much of his reign, gold guineas, valued at 21 shillings, and their halves were struck. For a period, one third guineas were minted as well.

Curiously, quarter guineas were also minted in 1762 only. In this article, two famous issues of George III’s guineas will be outlined, namely the “Spade” guinea and the “Military” guinea.

George III’s 18th century guineas and their fractions all show the King’s laureate head facing right on the obverse. The legend names the King as “GEORGIUS III DEI GRATIA”. The reverse has a crowned and garnished shield with this rather longwinded inscription “M B F ET H REX F D B ET L D S R I A T ET E”, meaning “King of Great Britain, France and Ireland, Defender of the Faith, Duke of Brunswick and Luneburg, High Treasurer and Elector of the Holy Roman Empire”.

Thankfully, there is enough space to include the date as well! The edge is milled with chevrons.

The early gold coinage of George III, up to 1787, was an attractive series. In this year, however, a new design was introduced. It was designed by Lewis Pingo, Chief Engraver of the Mint. The obverse on this guinea has a quite shallow and uninspiring portrait.

The reverse is equally disappointing. In the place of the smart garnished shield of past issues is a rather sterile and plain crowned coat of arms. The shield’s sides look like a pair of arcs from a circle joined to a point at the bottom, thus leading to the design’s nickname, the “spade guinea”.

Despite its somewhat plain design, the spade guinea was minted until 1799. It even became a target, especially for the year 1798, for counterfeiters. In the 18th and 19th centuries, the spade guinea’s design was a popular one for gaming tokens. As well, many coins themselves were mounted in jewellery items, such as pendants. Because of these uses, the spade guinea, which was struck until 1799, became and has remained one of the most well known British gold coin designs. Half guineas bearing the spade design were also struck between 1787 and 1800.

To meet monetary demand, half guineas, with a different design, were issued between 1801 and 1813. These have a similar head to that on the spade guineas but with a different reverse, namely a crowned shield within a Garter. In addition, gold one third guineas, valued at seven shillings were struck between 1797 and 1813. These have a more artistically pleasing portrait of George III on the obverse and a plain crown on the reverse.

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The second of George III’s guineas to be outlined is the so-called “Military” guinea, dated 1813. At this time, Great Britain was involved in the Peninsular War on the Continent. The British troops, to be deployed in the Pyrenees, were commanded by the Duke of Wellington. The local people in this region would only accept foreign currency in gold.

In response to the British army’s needs, the mint struck a special guinea. This issue, whose mintage numbered 80,000, was struck from Indian gold mohur and pagoda pieces. The obverse has a short-haired and laureate bust of the King, facing right.

Like the one third guinea, this portrait, engraved by Lewis Pingo, was based on a design by Nathaniel Marchant.

The reverse, which was designed and engraved by Pingo, shows a crowned shield within a Garter. Like the half guineas issued around this time, the shield now omits the French fleur-de-lys, an allusion to the English king no longer claiming the title of King of France. The new shield shows the arms of England in the first and fourth quarters, Scotland in the second and Ireland in the third. The Hanoverian coat of arms appears at the inescutcheon of the shield.

The repudiation of the King of France title was formally ratified by the Treaty of Amiens in 1802. It was also reflected by the omission “F” from the simplified main reverse legend of the guinea (and its half), which now read “BRITANNIARUM REX FIDEI DEFENSOR”, meaning “King of the Britains, Defender of the Faith”. The Garter was inscribed with its motto “HONI SOIT QUI MAL Y PENSE”— “Evil to him who evil thinks”. The date, 1813, is located beneath the Garter.

While it had an attractive design, the issue of the military guinea proved to be a financial disaster for the Bank of England. Such was the scarcity of gold that guineas were being traded for 27 shillings in banknotes, a premium of 6 shillings per guinea.

It was to be the last guinea issued. From 1817, following the great recoinage, the sovereign, valued at 20 shillings, superseded the guinea.

It is fortunate, however, that the last two issues of this interesting series have remained popular with today’s collectors for they are important components of our numismatic history.

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In focus In the second of four articles, EDWARD COLGAN looks at how Ireland’s rich literary and scientific legacy and changes in Europe influenced the designs of Ireland’s Euro coins.

Spirit of

Change— Ireland and the Euro

2002–10

Part Two: A New Europe

I

The 2004 silver proof 10 Euro marking the expansion of the European Union.

N November 2003, the Central Bank of Ireland issued the second in its series of Heritage coin sets. This 2004 set is of particular numismatic interest in that it featured and was launched at Reginald’s Tower in Waterford City. Reginald’s Tower is one of the oldest civic buildings in Ireland, dating back to the time of the Vikings. In 1185, Prince John, as Lord of Ireland, established a mint in the Tower and coins were struck at the Tower over the next 300 years. The cover of the set’s packaging, besides featuring the Tower, included illustrations of coins struck at Waterford, with the legend “Civitas Waterford”, coin punches and a medieval money box, tally stick and coin balance. The set included the eight circulating 2004 Irish coins and had an issue limit of 30,000.

Later Uncirculated coin sets in the Heritage series were to include the Heywood Gardens in County Laos (2005), Glenveagh Natural Park and Castle in Donegal (2006), the Celtic fort of Dun Aonghasa on the Aran Islands (2007) and the 5,000-year-old Newgrange Burial Chamber (2008).

Alongside the official Uncirculated coin sets, February 2004 also saw the Central Bank issue its first Dublin Coin Fair set, which was to become a regular feature of the International Dublin Coin Fair at the RDS in Dublin. This first issue was to run to 2,500 sets.

Ireland’s Presidency of the European Union during the first six months of 2004 and the enlargement of the European Union on May 1, 2004 was to be the inspiration for Ireland’s next commemorative euro coin. The crown-sized silver proof 10 euro coin was launched on April 3, 2004, at a meeting of European Finance Ministers. The obverse of the coin featured the harp and “EIRE” and the date “2004”.

The border of the obverse also featured the names of the ten new member countries of the European Union in each of their official languages. The obverse of the coin was designed

by Paul Regan. The reverse, designed by Thomas Emnet Mullins, featured a stylized Celtic swan nesting on ten eggs, representing each of the new member countries, with the value of the coin “10 EUROS” and a Celtic-style wreath forming the August 2011

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lower border of the reverse. The 12 stars of Europe formed the upper part of the border. The coin was struck at the French Mint (Monnaie de Paris) and had an issue limit of 50,000.

In October 2004, the Central Bank hosted an exhibition, at the National College of Ireland in Dublin, of the 42 proposed designs for the euro banknotes, which included the designs of the Irish banknote designer Robert Ballagh. Ballagh’s designs had echoes of Percy Metcalfe’s 1928 Farmyard coin series with a snail on the 5 euro note, a trout on the 10 euro, an owl on the 20 euro, a stag on the 50 euro, a crab on the 100 euro, three bees on the 200 Robert Ballaghh’s proposed Red deer euro and a newt on the 500 euro note. design for the 50 Euro note and The Central Bank produced salmon design for in total some 570 million coins the 10 Euro note. in 2004, somewhat down on the 616 million produced in 2003, of which only 372 million were issued.

The enlargement of the European Union in May 2004 also led to changes in the common reverse design of euro coins across the Eurozone. In May 2005 the EU Finance Commissioner announced that future coins would show a larger Europe reflecting the new EU nations or another symbol to represent the enlarged Union. Enlargement also saw the new EU members joining the EU’s Exchange Rate Mechanism (ERM)

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In focus playwright, Samuel Beckett. Alongside the gold 20 euro coin, a crown-sized silver proof 10 euro coin was also issued. Whilst the silver 10 euro coin was on display, a small Latvian coin was used to represent the tiny 14mm diameter 20 euro coin on the display stand!

The issuing of this first gold 20 euro coin marked the start of an annual programme of Ireland’s participation in the “Smallest Gold Coins in the World” programme. The two new coins were officially launched on April 26, 2006 at an event at the Gate Theatre in Dublin hosted by Michael Colgan, the theatre’s Director and Chairman of the Beckett Centenary Festival.

The gold and silver proof coins both follow the same design.

The obverse features the harp with “EIRE 2006” below the harp and the legend “SAMUEL BECKETT 1906–1989” in the upper border. The reverse design features a stylized portrait of Beckett and a scene from the play “Waiting for Godot”. The reverse design also incorporates the value of “10 EURO” and the star symbol logo of the Europa Coin Programme. The coin The 2005 Rowan Hamilton Silver Proof 10 Euro coin—complete with Irish was designed by Mr Emmet Mullins and was struck at the Mint and ancient Egyptian harps. of Finland. Some 20,000 gold proof 20 euros and 35,000 silver proof 10 euro coins were issued, of which 5,000 were issued in a special two-coin proof set. and the future prospect of the ten new countries adopting the On April 7, 2006 the Central Bank of Ireland also issued Euro in time. the first set of Irish proof coins to be issued and sold to the The death of Pope John Paul II on April 2, 2005 saw a public since 1928. The set contained all eight Irish circulating parliamentary question tabled on April 21, 2005 in the Dail as euro coins which were for the first time struck to proof quality to whether a commemorative coin would be issued to mark the standard. The coins were struck by the Finnish Mint with an Pontiff’s death. The Government indicated that there were “no issue limit of just 5,000 sets. plans at present” to issue such a coin.

In August 2006, the Central Bank also launched its now A month later the Central Bank issued its annual coin set to celebrate the birth of a new baby. Whilst next commemorative coin. This crownthese sets have been issued by other mints, this was the first sized proof silver 10 euro honoured the occasion that the Central Bank had issued sets to mark a 200th anniversary of the birth of the family event.

Irish mathematician William Rowan During 2006 the Central Bank issued 393 million Hamilton (1805–65).

Hamilton coins, a slight reduction on the previous year’s 400 who was born in Dublin became million coins. The traditional launch of the following Astronomer Royal of Ireland at year’s circulating coin set in November, was delayed the age of 22 and by the age of 32 in 2006. Following the enlargement of the European was President of the Royal Irish Union, the reverse or common design of the 10 cent, 20 Academy. His most important cent, 50 cent, 1 euro and 2 euro coins were changed contribution to science and to reflect the geographical area covered by mathematics was his formulation of the new Union. As a consequence, the the “Quaternions” formulae (i² = j² = 2007-dated circulating coins were not k² = ijk = –1) which he famously carved to be launched until January 2007. The into a stone on Broome bridge over the Royal changes in the reverse design saw Canal on October 16, 1843. The new proof coin minor modifications to the original was launched on May 20, 2005 at Trinity College Luc Luycx designs. in Dublin, where Hamilton was a student and The 50th anniversary of the later professor. The obverse of the coin featured signing of the Treaty of Rome the harp design with “EIRE” with “2005” below, on March 25, 2007 saw a more and the legend “THE HAMILTON YEAR OF fundamental change to Ireland’s SCIENCE” above the harp. The reverse design circulating coinage. A common featured a circular pattern of mathematical and commemorative 2 euro coin was algebraic symbols with the mathematical symbol issued across the Eurozone with Nabla—introduced by Hamilton to represent any a common European design on the arbitrary function—inspired by an Egyptian harp “obverse” or “national” face of the coin. The design in the centre. The reverse design also included obverse of the coin featured the original Treaty of the value of the coin “10 EURO” and the legend in the upper border “SIR WILLIAM ROWAN HAMILTON Top: The reverse of the 2006 Silver Proof Rome against the backdrop of the paving of 1805-1865”. This imaginative design was “Beckett” 10 euro and the “Irish” obverse the Piazza del Campidoglio in Rome, where executed by Michael Guilfoyle. The coin was of the Treaty of Rome 2 Euro coin issued the treaty was signed in 1957. The legend “TREATY OF ROME—50 YEARS” appears to be struck by the French Mint with an issue in 2007. above the Treaty and the word “EUROPE”, limit of 30,000 coins. the date “2007” and the name of the issuing country in the lower A total of 310 million coins were produced by the Irish Mint part of the coin. The Irish 2 euro coin issued on March 25, 2007 in 2005, and in total the Bank issued 400 million coins during followed this design with the legends in Irish: “CHRONRADH the year, reflecting an increase in demand from the previous NA ROIMHE—50 BLIAIN” and “AN EORAIP”. Some 5 million year. of these Irish Treaty of Rome coins were struck by the Central The year 2006 witnessed a number of innovations in modern Bank for general circulation and incorporation into various Ireland’s numismatic history. The Dublin Coin Fair, which took commemorative sets including an Uncirculated 2007 coin set. In place on February 18–19, not only saw the issuing of the Central addition, a proof set of 2007 circulating coins including a proof Bank’s official Irish Coin Fair set but also the unofficial launch, version of the Treaty of Rome coin was also issued. Only 10,000 on the Bank of Ireland stand, of its first gold euro coin: a 20 euro of these 2007 proof sets were to be issued. piece commemorating the centenary of the birth of the Irish

TO BE CONTINUED …

42

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August 2011

Out & about JIM GRANT

Strasbourg

The City of Two Cultures A

RCHAEOLOGICAL evidence proves that a bronze age settlement existed at this junction of the river Rhine and a well used track from the east but it was not until 12 BC that the Romans built a fortified camp and village which they called Argentoratum, and later renamed Stratisburgum—the origin of its present name, after the end of the Western Roman Empire.

Due mainly to the massive bridge built across the Rhine by the citizens of Strasbourg, its trading activities expanded rapidly and it built up a reputation as a successful commercial centre. This was ruled by a Bishop until 1263 when the merchants took over the running of the city, which now became a free city within the Holy Roman Empire, leaving the church to look after its citizens’ souls. In the 15th century it became a republic and remained as such until Alsace was incorporated into the Kingdom of France in 1681. Despite the many commemorative medallions celebrating this event it was strongly disliked by the majority of its citizens as during the Reformation it had been a staunch supporter of the Protestant cause.

After 1681 Strasbourg continued to strike its own coins but gradually French issues replaced the Germanic ones and by 1716 only French types were being struck and a “BB” had been added to the coins as a mint mark.

In 1871 it was incorporated into the German Empire and then again lost to France in 1918, incorporated into the Third Reich in 1940 only to be returned to France in 1944. This last annexation cost the lives of many young men from Alsace who were conscripted into the Wehrmacht and sent to the Russian Front.

Despite its elegant appearance the Musée Historic de la Ville de Strasbourg began life, in 1587, as the city’s slaughterhouse!

By this time Strasbourg had become a city in which both the French and German languages were spoken by most of the population.

The museum is a two storied, U-shaped building which, amongst other artefacts houses a fine collection of coins and medals which relate directly to the history of the city. The collections are divided into three main groups: AD 1281 to 1681, when it was a free city within the Holy Roman Empire, from AD 1681 to 1800 and finally from that date to the present.

The coins in the museum are all clearly identified in English, reflecting its unifying influence in the European Community, as well as French and German.

The Strasbourg mint was still striking coins until at least 1870. One 50 cents silver coin to be seen in the museum was struck in 1867 with the effigy of Napoleon III. This article is focused predominantly on the German coins but also includes some French medallions. By the 14th century the city was well established on the European fair circuit in which prominent cities hosted great markets on specific days of each year, to which traders attended from all over Europe and coins of every type changed hands. Originally, from 1336 to 1381, Strasbourg held its fair on November 11, then it August 2011

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was changed to June 24. These fairs died out only when the independent traders were pushed out of business by larger combines. Sounds familiar doesn’t it?

The first part of the museum’s coin display is just inside the lower gallery, on the right hand side as you enter and is dominated by a large panel, with greatly enlarged photographs, illustrating 16 of the coins from the Germanic era. The real coins, including some lovely pieces are housed nearby and are very well displayed.

A French medallion commemorating the Battle of Valmy (1792) which was won by the French.

A “geldwechslerschatel”—a set of portable scales and associated equipment used by a money changer. The box is dated 1655.

A cunningly displayed French commemorative medallion.

Coin news

45

Out & about A small selection of the commemorative medallions display.

Obverse and reverse of a gold ducat struck in 1635 or 1652—even the museum does not know which date is correct.

The Strasbourg mint, which dates back to before the end of the first millennium AD, was still striking pfennig coins with an angel on one side during the last quarter of the end of the 13th century, but by then the civic authority had begun striking its own pfennig with a lily (Lys) replacing the angel.

This seems to have been the only coin issued until 1334 when it was joined by the kreutzer. In addition multiple value pfennigs were gradually brought into use.

The first coins in this display—coins dating from the end the 14th century—include three 1 pfennig coins struck by the episcopal authorities, with a lamb or angel on one side, and one with a lily struck by the city’s civil authority. These coins are all show a cross on the reverse side with a legend around and between the arms of the cross. Also included in the display are a halbgroschen of 6 pfennig and a groschen, also called a schilling, of 12 pfennig dating from 1397. The groschen and its equivalents, the French gros, British groat and Italian grosso, was a most important coin in international trade at this time.

By the 17th century the Strasbourg groschen had become a very attractive coin with the fleur de lys on its obverse and a cross pattée within a circle and the legend PAXET INTER around the edge.

The next coin to be seen is a kreutzer, worth 2 pfennig, from the slightly later period of 1482, followed by a “Kaiserliche Pragung” apparently struck in 1519 for the Emperor Maximilian I—two lovely words used to describe an unidentified gold Imperial coin which had been found in the Place Gutenburg in Strasbourg.

Moving forward to 1548 we have a Silbertaler of 72 kreutzer or 144 pfennig.

Talers were the inspiration for many large silver coins including the US dollar and the British crown.

Place Gutenburg was obviously was a good place to look for lost money as a Venetian zecchino struck by the Doge Pietro Loredan between 1567 and 1570 was also found in this location.

Next can be seen three pieces struck by Bishops, which include a 2 kreutzer struck by Johan von Manderscheid (1569– 92), a 3 kreutzer by Karl von Lothringen (1593–1607) and finally a quarter taler or teston issued by Charles of Lorraine.

A gulden (florin d’or) depicting the Virgin Mary with her arms outstretched can be firmly dated from before 1601, as the word VIRGO replaced CHRISTE on this coin during the Reformation. Among the other coins that appear in the collection are a dickpfennig (24 kreutzer) dated 1613, a dreibatzner (12 kruetzen) dated 1623.

Also on show is a golddukat (florin d’or) struck in Strasbourg either in 1635 or 1652. These coins were beautifully designed and contain 3.5 ounces of 24 carat gold. The obverse

46

Coin news

has the city’s coat of arms and the reverse is filled with lines of Latin text.

By 1668, and almost at the end of Germanic rule, the gulden (gold florin) worth 60 kreutzer appeared and is represented here by two coins, showing the obverse and reverse.

Another interesting piece to be seen is a klippe—a four sided, diamond shaped ducat—which appeared in 1617 to commemorate the 100th anniversary of the Protestant Reformation. The obverse has a decorated border with a lily in the centre and the legend /POST/TENEBRAS/LVX/1517 and on the reverse IV/BILAEUM/ARGENTORAS/TENSE/1617.

This was struck in gold but 200 years later, in 1817, a similar piece was stuck in silver for the 300th anniversary of the Reformation with slightly different legend details.

Those mentioned above are but a chosen few of the coins struck in Strasbourg over the centuries but another intriguing item with a lovely name which can be seen, a “geldwechslerschatel”, a portable set of money changer’s weights and scales, warrants a special mention. The box in which it is housed clearly bears the date “1655”, giving the visitor a rare insight into the everyday commercial activity of 17th century Strasbourg.

One case on the upper floor is devoted to the medallions commemorating the original incorporation of Alsace into France as well as the 100th anniversary of the event. Numerous six sided medallions were originally struck for the occasion and these Commemorative medal depicting Kellermann, Marechal de France, and victor at Valmy.

The Museum which was once the city slaughterhouse. www.tokenpublishing.com

August 2011

Out & about frequently had a ďŹ&#x201A;eur de lys on one side and the words VOTIS SECULARIPUS.PRI. CAL.OCPOT MDCCLXXXI on the other. On the 100th anniversary of the occasion this style was again used. Beginning in the middle of the 19th century medals for presentation to the winners and participants in Strasbourgâ&#x20AC;&#x2122;s great industrial exhibitions were keenly contested and a number of these attractive medals are also on display.

Highlighted among the other displays are medallions commemorating Marechal Francois Christophe Kellermanâ&#x20AC;&#x2122;s victory over the Prussians at the Battle of Valmy on September 20, 1792.

There is also a white metal example depicting the Marechal de Saxe struck by Jean Daniel Kann (1722â&#x20AC;&#x201C; 93). Maurice, Compte de Saxe, showed an early aptitude for war and commanded a regiment when he was just 17 years old. He subsequently served in the Polish wars and was eventually appointed a Marechal de France.

It must be remembered that while coins can be beautiful it is in the realm of the medallion that the designers and engravers have full scope for their expertise and the museumâ&#x20AC;&#x2122;s small collection of these represents this art at the highest level.

If you visit Strasbourg donâ&#x20AC;&#x2122;t miss this museum as apart from the coins it has many beautifully displayed, top quality, artefacts reďŹ&#x201A;ecting the history of the city and admission (at the time of writing) only costs 2 euros.

Sources A visit to the museum. www.musees-strasbourg.com Various catalogues of French and German coins

The obverse and reverse of a driebatznen (12 kreutzer) issued in 1623 and a gold ducat are both prominently displayed as well as photographically illustrated on a large panel at the entrance to the coin section.

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Collector’s notebook

BILL PUGSLEY

COIN GRADING W

Fifteen Months On

HEN my original article was published (“Even the Experts Can Get it Wrong”—Coin News, April 2010) I noted that I resolved to get all my better or scarcer coins graded and encapsulated by CGS (the UK Coin Grading Service) over the coming years.

Since that article was published I have submitted over 1,000 coins to CGS for grading and encapsulating. In the early days of those submissions the rejection rate by the CGS graders was as much as 10 per cent but now it is nearer 1 per cent as I have come to better understand the CGS process. Reasons for rejection ranged from damage such as scratching (beyond normal wear and tear of circulation), verdigris (on both bronze and cupronickel coins) and, too often, the coin had been cleaned. In some cases the verdigris was a minute mark—but CGS found it!

The trepidation noted in my original article came to fruition.

Coins that I considered to be ideal specimens were rejected, whether they were a scarce Wreath Crown of George V or an early half crown of George III. As to my “lovely” Edward VII florins (one of my favourite series of coins), my near perfect 1907 was identified by CGS as an excellent forgery (and they even pointed out the “casting bubbles” for me).

Of course, many of the coins I thought were uncirculated ended up with CGS grades of 65 to 70 (Extremely Fine) with some as AU75 to AU78 (almost uncirculated) and a far fewer number as UNC80 and above. In some cases the grades were as low as VF50—but at least I now know what the grades actually are—as confirmed by a trusted third party grader—no longer a subjective view.

Even proof sets suffered from the critical eye of the CGS graders. One 1902 Short Silver Proof set I had graded nearly all turned out to be VF (only one coin of the 11 in the set was designated as EF). I had to look very closely at the coins to see why they were graded as such and I had to agree with CGS. They had all been uniformly worn down by handling (not circulation) in the hundred plus years since they were issued.

Fortunately another 1902 set graded in the high UNC 80s, so all was not lost.

While sorting through some proof sets from 1937 I came across coins that I had assumed were proof; after all they were in the “original box of issue”, but closer inspection identified some that were obviously currency pieces but I missed a couple that CGS identified as currency pieces (coins intended for circulation; typically not the high quality of proof August 2011

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coins) and in one case the grading was so good (UNC 88) it was worth more than the proof equivalent! Had they not spotted the coin as being a currency piece I would have been no wiser.

What has been a revelation during this process is the determination of “type” of a specific coin. After I submitted a number of earlier crowns from my collection I had a look through my duplicates (that I would normally have offered for trade or sale to other collectors) and submitted the better ones for grading by CGS. Imagine my delight when I discovered that an 1818 “duplicate” crown was a type not encountered before (and certainly not catalogued) and it graded as EF60 as well!

Considering the age of the coin and its value nearly 200 years ago (five shillings in 1818 was more than most people earned in a month), is an excellent example to have in a collection.

It has not just been older coins that have been pleasant surprises. I submitted a number of 1970 “last pre-decimal” proofs to CGS as I wanted to ensure I had “one of each type” (for a number of the 1970 proof coins there are two distinct die pairings). One of the florins submitted was a “new type”, not catalogued anywhere.

Having decided to get better “duplicates” graded I have been able to select the best of a specific coin type for my collection and I have offered the lesser (or sometimes equally) graded duplicate coin through eBay or via UK auction houses. As would be expected, the higher graded or scarce coins have realised prices commensurate with those predicted by the CGS web site valuation.

Results for commoner coins or those of lower grade have been mixed. I suspect that this is due in part to the belief by collectors that they already have uncirculated or similar versions of the coin being offered.

For various reasons I had a few 1887 standard crowns that I had collected over the years. Without exception they had been described by the sellers as being uncirculated so I submitted them to the CGS service.

Apart from two that graded as UNC the others were all EF (one was the better grade AU). Checking the CGS population report (at time of writing) of 76 “standard” 1887 crowns submitted for grading only two graded as UNC82 (the highest grade) and four as UNC80. Yet the other 67 coins were broken down as

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Collectorâ&#x20AC;&#x2122;s notebook three rejected, 15 that were graded as AU, leaving 48 that were only EF or a lesser gradeâ&#x20AC;&#x201D;yet I am sure the submitters thought there were UNC as I had done.

As more and more collectors use the CGS service and even more coins are graded, the variety of unique coin types will continue to expand. Information on coin types with descriptions (and almost importantly values by grade) are readily available on their â&#x20AC;&#x153;membershipâ&#x20AC;? website (which has a straightforward registration process). The website offers a fascinating insight into the number of different types that may exist for a given year for a specific denomination.

There is the option for members to register their own CGS encapsulated coins and compare the quality of their collection against other collections. For this comparison only the best grade of a specific type is taken into account (duplicate coins of lower grading are ignored by CGS), yet a collector can view the value of their entire registered CGS collection (to include duplicates)

under the facilities of â&#x20AC;&#x153;MyPageâ&#x20AC;? (on the CGS website). For the first time I submitted a British Commonwealth coin from 1862 to the serviceâ&#x20AC;&#x201D;a coin I would not normally collect but I obtained it at an auction for a modest sum. However, even with some original lustre it only graded as a VF50 as the â&#x20AC;&#x153;impressionâ&#x20AC;? was not as well struck as it might have been. Nonetheless I am content with the grade attributed by CGS and I will certainly get them to grade any other â&#x20AC;&#x153;niceâ&#x20AC;? Commonwealth coins I may come across.

So after more than a year I remain convinced that getting my better British coins CGS graded is the best way of actually determining their individual condition, and as I have found, perhaps new varieties that have not previously been documented. The trepidation is still there but I now have a much better understanding of what is an Uncirculated Coin and hopefully will be better at determining relative grades on coins that I may acquire in the future.

Background on CGS: CGS offer a coin grading and encapsulation serviceâ&#x20AC;&#x201D;sometimes referred to as â&#x20AC;&#x153;slabbingâ&#x20AC;?â&#x20AC;&#x201D;for all coins, even though they have considerable expertise with UK coins from the 1600s. As with similar coin grading companies (predominately in the USA) they offer guarantees that coins they grade are genuine (and indemnify the owner should a coin so graded and slabbed be found not to be genuine).

CGS use a grading system of 1 to 19 being Good, Very Good or Fair, 20 to 39 Fine, 40 to 59 Very Fine, 60 to 74 Extremely Fine, 75 to 79 Almost Uncirculated and 80 to 100 is Uncirculated (with the equivalent of UNC 82 or higher being what most dealers describe as being Gem Uncirculated and in some cased FDC).

CGS has a reputation of being very exacting in their grading of coins; unlike some other coin grading companies. They are exceptionally critical in their review of coins and only pieces that pass their strict criteria are graded at all. They have an extensive bench mark collection of UK coins from the 1600s that allows them to be consistent in their grading service. I am satisfied that were I to submit a coin previously graded by them (having perhaps removed it from its capsule and not damaging it by doing so) that it would almost certainly achieve the same grade again or at least within one or two percentile of the original grading.

What is refreshing about the CGS service is they actually recommend that a North American Grading House (there are a number) be used to authenticate and grade coins from North America (Canada & USA). They know what they are good at!

For more information on CGS go to www.coingradingservices.co.uk.

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*8,1($6 *) FOHYHUO\ UHSDLUHG Â&#x2026; $9) VO VFU 2EY Â&#x2026; () ZLWK RULJLQDO FRORXU Â&#x2026; VRPH VXU PDUNV 2EY IURP GDPDJHG GLH *9) 1() Â&#x2026; *9) FOLSSHG RQ HGJH Â&#x2026; /LPD 9) *9) Â&#x2026; *9) VO GLH FUDFN Â&#x2026; *) VO P PV DERYH KHDG Â&#x2026; () VO VFU VROGHU DERYH KHDG Â&#x2026; 9LUWXDOO\ DV 6WUXFN VO VXU PDUNV Â&#x2026; 629(5(,*16 1HDUO\ FORVHG *9) Â&#x2026; $81& VO VXU PDUNV Â&#x2026; 9) Â&#x2026; 1() WZR H NV 2EY Â&#x2026; *) Â&#x2026; 6ODEEHG E\ 3&*6 $8 Â&#x2026; $EW 9) GLJ Â&#x2026; 9) Â&#x2026; $EW 9) Â&#x2026; $EW 9) Â&#x2026; $EW 9) Â&#x2026; 1() () Â&#x2026; 5RPDQ , 9) *9) VFDUFH Â&#x2026; *() $81& Â&#x2026; () Â&#x2026; ZZ LQFXVH $EW () Â&#x2026; $81& Â&#x2026; *() Â&#x2026; 1R 'LH 1R 1() Â&#x2026; 'LH 1R *() $81& Â&#x2026; * ' *9) 1() Â&#x2026; 6 6KLHOG *() $81& Â&#x2026; 6 6KLHOG $81& Â&#x2026; 0 * ' *9) 1() Â&#x2026; 0 6KLHOG $81& SURRÃ&#x20AC; LNH Â&#x2026; 6 6KLHOG $81& Â&#x2026; 0 * ' <+ *() $81& Â&#x2026; 0 $%8 Â&#x2026; 3 *() $81& 5$5( Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& ,Q ¿ UVW GD\ FRYHU Â&#x2026; 3URRI )'& Â&#x2026; +$/) *8,1($6 $9) Â&#x2026; 9) *9) Â&#x2026; *9) VO FULPSHG VO VROGHU 5HY Â&#x2026; 1() Â&#x2026; 1() () Â&#x2026; 9) SJG VFDUFH Â&#x2026; 1() () VO HGJ\ Â&#x2026; 1() VO FU PV GLH FUDFN Â&#x2026; () Â&#x2026; +$/) 629(5(,*16 $EW () EULJKW Â&#x2026; 'LH 1R *() $81& Â&#x2026; 'LH 1R 1() Â&#x2026; 'LH 1R () Â&#x2026; $81& Â&#x2026; *() $81& Â&#x2026; () Â&#x2026; *9) Â&#x2026; *9) 1() Â&#x2026; 3URRI $EW )'& Â&#x2026; 6 9) Â&#x2026; *9) 1() Â&#x2026; $81& Â&#x2026; () Â&#x2026; $81& Â&#x2026; () Â&#x2026; () Â&#x2026; *() $81& Â&#x2026; 3URRI $)'& Â&#x2026; *() $81& Â&#x2026; 6 $EW 81& Â&#x2026; $81& Â&#x2026; 6 $81& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; 3URRI )'& Â&#x2026; %5,7$11,$6 *ROG Â&#x2026; 81& Â&#x2026; 6LOYHU Â&#x2026; S FRLQV )'& Â&#x2026; 6LOYHU Â&#x2026; S FRLQV )'& Â&#x2026; 6LOYHU Â&#x2026; S FRLQV )'& Â&#x2026; 6LOYHU Â&#x2026; S FRLQV )'& Â&#x2026; 6LOYHU Â&#x2026; S FRLQV )'& Â&#x2026; 6LOYHU Â&#x2026; FRLQV 3URRI )'& Â&#x2026; 6LOYHU Â&#x2026; 3URRI )'& Â&#x2026;

*OLX\LZ [V 9 0UNYHT /VUL`Z\JRSL 9VHK )HZZL[[ :V\[OHTW[VU :6 )< -VY KL[HPSZ VM V[OLY H]HPSHISL WH`TLU[ TL[OVKZ [LSLWOVUL \Z VU H]HPSHISL HT WT KH`Z ;LYTZ! KH`Z HWWYV]HS 7VZ[HNL MYLL V]LY Â&#x2030; V ^ Â&#x2030; VYKPUHY` Â&#x2030; YLJVYKLK Â&#x2030; ZWLJPHS KLSP]LY` Coin News 53 August 2011 www.tokenpublishing.com 3H`H^H` MHJPSP[PLZ H]HPSHISL

Tel: 01430 879740 / 07905 467650 e-mail: sales@weightoncoin.co.uk We specialise in British & Colonial Gold & Silver coins & sets of the modern age.

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August 2011

On the fringe PETER BURNS

r u o n o d i d e w What

. . . s y a d holi I

REMEMBER the first time it happened. It was a sunny August day in the centre of York and the rest of the family—one wife and two daughters—had pottered off shopping. We were half way through our holiday and it was inevitable in a family where the female to male ratio is three to one that the male, i.e. me, spent a certain amount of time waiting for the others to complete their hunt for jeans, t-shirts, bracelets and shoes. And so I found myself settling down contentedly on a bench to read the newspaper. But then I glanced up and I couldn’t believe my luck, because on a street corner not 50 yards away was a coin shop!

At that time, not only were holidays work-free zones, they were also coin-collecting-free zones simply because being away from home also meant no post and therefore no dealers’ lists and no auction catalogues. It meant no computer and no Internet and no websites to browse. So mentally, I had put coins to one side for the duration. Yet, suddenly before my very eyes, a coin shop pops up to supply a very welcome numismatic fix. I was drawn as a moth to a flame and emerged from the shop half an hour later, the happy owner of a Victorian half sovereign. I knew I had paid a fiver more than I should have but didn’t really mind and looking at the price of gold these days, I now mind even less! By the time my wife and daughters returned, I was back on my bench with the paper. So there we were, four contented people— three having spent a happy hour rifling through the racks of Top Shop (the appeal incomprehensible to me) and one having spent his time poring over the trays of a coin dealer (the appeal likewise incomprehensible to them).

It happened again on the Isle of Wight. We were mooching around a street market looking at ironmongery (me) and skirts (not me) when just across the way, I spied a shop window full of stamps and coins. I had bumped into the shop entirely by chance.

Needless to say, a little while later I duly came away with a couple of modest coins. In fact, by the time I left the shop I’d already had my money’s worth simply in terms of having had an utterly absorbing time looking through the coins and chatting with the dealer.

The third occasion was different and was a turning point in terms of holidays and collecting coins. We had treated ourselves to a long distance trip that found us in a high-rise hotel in the centre of Kuala Lumpur, Malaysia. I was standing at the window looking out across the city getting my bearings and identifying the most obvious landmarks and buildings from the guide book. “You’ll never guess what that towerblock over there is,” I called out to my wife. “Apparently, August 2011

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it’s the Malay Banking Building and on the ground floor is a coin museum.”

“What a surprise”, came the amusedly ironic reply.

“Who would have thought that of all the hotels in this town, you pick the one opposite a coin museum!” It really was pure chance rather than advanced planning and a couple of days later as my wife and daughters headed off in search of their prey, I went in search of mine. The Numismatic Museum told the fascinating story of the history of what is now Malaysia through its changing coinage. The reason this was a turning point though was the realisation that—slow on the uptake as usual—it didn’t matter where we went on our hols, I was always bound to find something of numismatic interest. It followed that I’d get even better results by deliberately searching out coins wherever we went rather than relying on serendipity.

Heading south from Kuala Lumpur, our next port of call was the historic trading town of Melaka and as soon as I could, I headed for Chinatown and in particular Jonkers Street. This had the reputation as the place to go if you are looking for antiques, curios, junk and all things touristy and collectable. I wasn’t disappointed. The sheer range of goods for sale was mind-boggling and sure enough some of the shops sold coins. There were small gold coins—kupangs—

Coin news

55

On the fringe from somewhere between the 15th and 18th centuries. They were probably genuine. There were tin animals such as turtles, lizards and fish used as coinage, during the 13th and 14th centuries, though to the untutored eye they looked suspiciously fresh and crisp to be over 500 years old! More convincing were the rather battered tin coins from Portuguese colonial times. There were also, of course, plenty of coins from the last century when Malaya was a British colony. My favourite label read “Fart Hing 1944 VERY RARE” and the price worked out at about £45!

I resisted that temptation but happily bought a 1937 penny which had been lovingly polished to within an inch of its life. Mr Yong Yok Lang, the owner of Gold Moon Coins and Curios Trading, popped it into a red, gold-embossed envelope and, as it was Chinese New Year, sent me on my way with good wishes, a packet of peanuts and a little carton of fruit juice. The penny cost me £3.50 or so which of course is a lot for a wrecked coin but what an enjoyable way to collect coins.

We were also fortunate on that trip to visit New Zealand where a session in an internet café soon turned up the details of a coin fair being held the following weekend in Wellington, the very city we were heading for. Come the Saturday morning and Fran, Bella and Genevieve set off to visit the Parliament Buildings to find out more about long-dead relatives who had emigrated to the new colony 150 years before. I, of course, had a more pressing engagement. Here’s one of the great things about our hobby. You can walk into a room in a city that is just about as far away from home as it is possible

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

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

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Coin news

to go, glance around and feel at home because the “buzz” is just the same at a coin fair whether in New Zealand or England. Perhaps there were fewer dealers and collectors than at some coin fairs in the UK and banknotes had greater prominence but I still left with two rather smart English coins and having met some really friendly and interesting New Zealanders.

As you can tell, I have now been fully converted from my original position of holidays equal no coin collecting to the more enlightened position of holidays equal great opportunities to buy a coin or two. The half term break is coming up in a couple of weeks and we are all off to Bath and Oxford for a few days. I wonder what I’ll come back with; maybe a Maundy penny or perhaps a more reasonably priced example of that great numismatic rarity—a 1944 Fart Hing.

ŽůůĞĐƚŽƌ ůŽŽŬƐ ĨŽƌ ŵŝŶƚ ƐƚĂƚĞ sŝĐƚŽƌŝĂ ƉƌŽŽĨƐ Ͳ WƌŽŽĨ ĐƌŽǁŶ ϭϴϯϵ ͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘ άϭϱ͕ϬϬϬ Ͳ DĂƚĐŚĞĚ ƉƌŽŽĨ ĐƌŽǁŶ ĂŶĚ ŚĂůĨ ĐƌŽǁŶ ϭϴϯϵ ͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘ άϭϵ͕ϬϬϬ Ͳ ϭϴϯϵ WƌŽŽĨ ƐĞƚ ͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘ άϴϬ͕ϬϬϬ Ͳ ϭϴϴϳ WƌŽŽĨ ƐĞƚ ͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘ άϭϴ͕ϬϬϬ Ͳ ϭϴϵϯ WƌŽŽĨ ƐĞƚ ͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘​͘ άϮϰ͕ϬϬϬ ũĞƚŵĂũΛŚŽƚŵĂŝů͘ĐŽŵ ϬϬͲϱϴͲϮϵϯͲϰϱϭ͘Ϯϰ͘ϰϬ ĂŌ Ğƌ ϮƉŵ ϬϬͲϯϯͲϰϭϯ͘ϲϯ͘ϳϳ͘ϰϬ ĨƌŽŵ ϭϲͬϲ www.tokenpublishing.com

August 2011

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1817 1817 1820 1820 1820 1821 1821 1821 1822 1822 1824 1825 1825 1826 1826 1826 1826 1827 1827 1827 1827 1829 1829 1829 1830 1830 1832 1832 1832 1836 1842 1843 1844 1845 1845 1846 1846 1847 1847 1848 1848 1848 1849 1850 1851 1852 1853 1853 1855 1856 1857 1857 1861 1862 1862 1863 1864 1864 1865 1865 1866 1868 1869 1869 1871 1871 1871 1871 1872 1872 1872 1872 1872 1872 1873 1873 1873 1873

SOVEREIGNS GEORGE 111 AUNC £1,375 GEORGE 111 GVF £975 GEORGE 111 RGVF £895 GEORGE 111 AVF/VF £585 GEORGE 111 AEF £945 GEORGE IV AEF £975 GEORGE 1V RGVF £875 GEORGE 1V GEF £1,295 GEORGE IV RGVF £825 GEORGE 1V AUNC £1,375 GEORGE 1V GVF £625 GEORGE 1V UNC £1,675 GEORGE 1V AUNC £1,375 GEORGE 1V NVF £525 GEORGE 1V EF/GEF £1,025 GEORGE 1V VF £595 GEORGE 1V AUNC £1,375 GEORGE 1V GVF £825 GEORGE 1V AVF £495 GEORGE 1V AUNC £1,475 GEORGE 1V GEF £1,175 GEORGE 1V GVF £845 GEORGE 1V VF £695 GEORGE 1V AUNC £1,475 GEORGE 1V GVF/VF £695 GEORGE 1V RGVF £875 WILLIAM 1V GVF/AEF £895 WILLIAM 1V RGVF/EF £945 SUPERB AUNC £1,675 WILLIAM 1V GVF/AEF £1,075 SHIELD GVF £425 SHIELD GVF £395 SHIELD GVF £395 SHIELD GVF £395 SHIELD VF £345 SUPERB AUNC £1,075 SHIELD GVF £375 SHIELD VF £345 SHIELD GVF £385 SHIELD GVF £395 SHIELD RGVF £425 SHIELD GEF £775 SHIELD GVF £475 SHIELD GVF £475 SHIELD AUNC £495 SHIELD AUNC £475 SHIELD AUNC £445 5 OVER 3 V-RARE AEF £675 SHIELD GEF £445 SUPERB AUNC £775 SHIELD AUNC £475 STUNNING UNC £875 SHIELD AUNC £485 SHIELD GEF/UNC £450 SUPERB UNC £695 SHIELD AUNC £475 SHIELD AUNC £495 SHIELD GEF £450 SHIELD EF/UNC £450 SHIELD AUNC £525 SHIELD AUNC £495 SH SUPERB AUNC £675 SHIELD AUNC £475 SUPERB UNC £675 SYD SHIELD EF/GEF £425 SYD SHIELD AUNC £625 LON SHIELD UNC £525 LON ST G UNC £445 SYD SHIELD AUNC £675 LON SHIELD UNC £475 SYD ST G UNC £695 SYD SHIELD AUNC £675 LON ST G UNC £450 MEL ST G RARE GEF £975 M ST G UNC £675 SYD ST G AUNC £875 LON ST G AUNC £445 SYD SHIELD AUNC £875

1874 1874 1875 1875 1875 1876 1876 1877 1877 1877 1878 1878 1879 1879 1880 1880 1880 1881 1881 1881 1882 1882 1883 1883 1884 1884 1884 1884 1885 1885 1885 1885 1885 1885 1886 1886 1886 1886 1887 1887 1887 1887 1888 1888 1888 1889 1889 1889 1890 1890 1890 1891 1891 1891 1891 1892 1892 1893 1893 1893 1894 1894 1894 1895 1895 1895 1896 1896 1896 1897 1897 1898 1898 1898 1899 1899 1899 1900 1900

LON SH EX RARE NVF/VF £2,650 MEL STG AUNC £525 SYDNEY SH AUNC £685 MEL ST G UNC £625 MEL ST G AUNC £475 MEL ST G UNC £575 SYD ST G AUNC £475 SYDNEY SH AUNC £565 YH MEL ST G UNC £545 SYDNEY SH UNC £595 SYD SH AUNC £495 SYD SH UNC £675 MEL ST G UNC £395 SYD SH UNC £675 MEL ST G UNC £495 SYD ST G UNC £495 SYD SHIELD AUNC £725 SY SHIELD AUNC £745 SY SHIELD UNC £975 MEL ST G UNC £545 YH MEL ST G UNC £475 SYD SHIELD AUNC £695 M ST G 3857 C UNC £545 SY SH CHOICE AUNC £675 SYD ST G UNC £475 MEL SHIELD AUNC £495 SYDNEY SH AUNC £495 M ST G 3857 B UNC £425 MEL ST G UNC £435 SYD ST G UNC £425 LON ST G UNC £425 SYDNEY SH UNC £595 LON ST G AUNC £295 M ST G AUNC £375 SY SHIELD GEF/AUNC £365 MEL ST G AUNC £375 SYD SHIELD UNC £575 SYD ST G UNC £475 JH MEL UNC £345 LON JH UNC £345 SYD YH UNC £545 MEL ST G UNC £525 MELBOURNE AUNC £275 MEL UNC £320 SYDNEY UNC £325 SYDNEY UNC £320 LONDON UNC £310 MELBOURNE UNC £325 LONDON UNC £325 MELBOURNE UNC £325 SYD JH UNC £325 LON JH UNC £325 MELBOURNE UNC £320 LON JH AUNC £285 SYD JH UNC £345 MELBOURNE UNC £325 LON JH UNC £325 SYD JH UNC £375 LON OH UNC £325 MEL OLD HD UNC £345 SYDNEY UNC £295 MELBOURNE UNC £295 LONDON UNC £295 LON OH UNC £295 MELBOURNE UNC £295 SYDNEY UNC £295 LONDON UNC £295 MELBOURNE UNC £295 SYDNEY UNC £335 SYDNEY UNC £335 MELBOURNE UNC £325 LONDON UNC £285 MELBOURNE UNC £285 SYDNEY UNC £335 MELBOURNE UNC £285 SYDNEY UNC £295 LONDON UNC £285 SYDNEY UNC £295 MELBOURNE UNC £285

• 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 ~ Up-to-date computer quotes available for coins and banknotes ~

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Coin news

57

Richard Plant

1.

COIN OF THE MONTH

2.

A triangle of hate

T

HIS monthâ&#x20AC;&#x2122;s â&#x20AC;&#x153;specialâ&#x20AC;? coin (Coin 1) is a silver penny of 1066 minted in the name of our King Harold II. The moneyer and mint are named on the reverse as Dermon of Steyning, a 3. small town in Sussex. The word across the reverse is PAX, which means â&#x20AC;&#x153;peaceâ&#x20AC;? in Latin; but peace was the one thing King Harold did NOT give to England.

Poor old Harold! He only reigned from January 5, 1066 until his death on October 14 that same year, yet he had to face two terrible invasions of his kingdom. In the North, King Harald Hardrada of Norway (his name means â&#x20AC;&#x153;Harald the Ruthlessâ&#x20AC;?), and in the South, William of Normandy, both invaded. Iâ&#x20AC;&#x2122;m afraid I have taken a liberty with â&#x20AC;&#x153;Coin of the Monthâ&#x20AC;? in this issue as I have included a coin of each of these â&#x20AC;&#x153;gentlemenâ&#x20AC;?. Coin 2 is a silver penning minted by Ulf of Nidaros during Hardradaâ&#x20AC;&#x2122;s reign and Coin 3 is a silver denier from Normandy of a type minted before, during, and after Williamâ&#x20AC;&#x2122;s reign.

I feel certain that if Harold had only had to deal with William he would have won at Hastings but, as the excellent English army waited in the South, Williamâ&#x20AC;&#x2122;s sailing was delayed, and news came that Harald (note the slightly different spelling of the â&#x20AC;&#x153;baddyâ&#x20AC;?) landed his army up in Yorkshire at the village of Riccall, between Selby and York. The English earls of Mercia and Northumbria resisted him, but these were defeated on September 20 at the Battle of Fulford (now a suburb of York). Harald (the bad one) was still celebrating his victory at Fulford, while Harold (the good one), was marching by rapid forced marches northwardsâ&#x20AC;&#x201D;which Harald did not expect quite so soon. Harold and Harald met at Stamford Bridge (the one to the East of York, not the football ground!), and Harold won, with Harald Hardrada being handed a red card meaning, in this case, that he was killed. A wonderful victory for the English but costly in casualties amongst Haroldâ&#x20AC;&#x2122;s elite troops.

On October 14, English and Normans were lined up near Hastings for Haroldâ&#x20AC;&#x2122;s next â&#x20AC;&#x153;World Cupâ&#x20AC;? battle, which the English nearly won until the troops of the local levies rushed forward out of lineâ&#x20AC;&#x201D;definitely scoring an own goal and handing the victory to the Normans. We used to learn in school that the highly civilised Normans conquered the very backward Saxons, however, one look at Haroldâ&#x20AC;&#x2122;s penny as compared with the sort of penny used in Normandy at this period puts the lie to that one! But what about Harold and how he died? We always thought he was killed by an arrow in his eye, however, recent students of the Bayeux Tapestry think the pictures on this have been misread and that either Harold is the man behind the man with HAROLD written above his head, or that the arrow shown in the tapestry did not go into his eye. Itâ&#x20AC;&#x2122;s up to you but I think I prefer the â&#x20AC;&#x153;arrow in the eyeâ&#x20AC;? version of the story!

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58

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?- ):- )4?)A; 3--6 <7 8=:+0);- +071+- +716; -;8-+1)44A" *ZQ\Q[P =;) )][\ZITQIV We will purchase single items or complete collections and can travel anywhere to view at short notice.

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August 2011

Tokens In this, his third excursion into the world of Hungarian bárcák (tokens), the author looks at World War I hadifogoly (prison camp) coinage and his special interest area of üvegbetétjegy (glass bottle deposit) issues from the Hungarian Dairy Industry.

MERVYN BROWN

Token issues of

HUNGARY

L

AST MONTH’s article covered the comparatively recent issues of the ÁFÉSZ stores, issued during the 1970s and 1980s, and were available up to the dissolution of the communist state. Whilst the issues in this month’s article date from the last years of the Austro-Hungarian Empire up to World War II, for completeness the scarce üvegbetét issues of three ÁFÉSZ stores during the 1970s are also included.

CAMP Kenyérmező Tábor Hajmáskér Csoth bei Pápa Ostffyasszonyfa

NEAR Esztergom Veszprém Pápa Sárvár

NOW IN Hungary Hungary Hungary Hungary

Zalaegerszeg Sopronnyék

Zalaegerszeg Haschendorf

Hungary Austria

Boldogasszony

Frauen Kirchen Austria

Somorja Dunaszerdahely Nagymegyer

Samorin Slovakia Dunajska Streda Slovakia Velky Meder Slovakia

PRISONERS Russian Russian + Italian Russian Russian + Romanian Russian Russian + Romanian Serbs + Montenegro Russian + Italian Russian + Italian Serbs + Montenegro

PAPER MONEY ISSUED 1 2 5 10 20 & 50kr 10 20 50 fillér 1 2 5 &10kr 10 20 fillér 1 5 10 & 20kr 10 20 fillér 1 2 5 10 20 100kr 10 20 50 fillér 1 2 5 10 20kr 2 10 20 fillér 1 2 10 20 & 50kr 2 10 fillér 1 & 10kr 10 20 50 pengő 1 2 5 10 & 20kr 5 10 20 fillér 1 2 5kr 10 20 50 fillér 1 2 5 & 10kr

Kenyérmező Tábor PoW Camp On August 24, 1914, Hungary’s largest Prisoner of War camp was established south of the Danube city of Esztergom. Known as Kenyérmező Tábor, huge sheds were established, each accommodating 600 prisoners. Expansion continued steadily during the war years with the building of officers’ accommodation, warehouses, barracks and a chapel and at any one time between 100,000 and 120,000 prisoners were held there. The camp was closed in November 1918.

This camp was one of 53 within the monarchy and one of ten managed within the Pozsony (Bratislava) command(1).

Collectors of paper money are well-served with prison-camp issues as many were issued by camps and remain available in near-mint condition, albeit at a price. However metal camp currency in Hungary was restricted only to Kenyérmező Tábor and one other camp, Mühling be Wieselberg, which was located near Vienna. The accompanying Table shows the ten PoW camps under Pozsony command and the nationality of the prisoners held there, together with some numismatic information on the paper money issued(2).

In 1915, in Stockholm, the warring nations Red Cross organisations agreed that camp money would be issued. The purpose was partly aimed at preventing prisoners from escaping since they would not possess legal tender for that country(3).

August 2011

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In Kenyérmező Tábor both the coins and paper money had one side in German and the other in Hungarian language.

The unique set of bronze tokens were well made and designed and are an attractive set to collect. Five values were minted 1, 2, 10, 20 and 50 fillér, the two lowest values being the most scarce.

There were also six denominations of paper money from 1 to 50 korona.

The Budapest Central Creamery A few years ago I saw a very attractive token with the image of a stork carrying a baby in a crib. The brass planchet was unusually thin but

Esztergom prison camp and tokens.

Coin news

61

Tokens Central Creamery Budapest in 31 Rottenbiller Street.

the design was appealing so this was the start of a journey into the üvegbetétjegy of the Budapest Central Creamery.

Since then I have come across many others with this basic design and, with Hungarian token collectors, have discovered many facts about them, including the significant number of varieties that exist.

They were bottle deposit tokens issued by the dairy, initially with a nominal value of 50 fillér. I have an interest in tokens for the milk industry, although in the UK the practice of leaving out a pre-paid plastic token for the milkman has only recently become a “thing of the past”, along sadly, with the home-delivery system itself. The British Cooperative Societies produced a wide range of metal and plastic tokens for this use but not for bottle deposit purposes, whereas in the USA dairies frequently still do.

The definitive book on world dairy tokens(4) makes no mention of these attractive relics of prewar Hungary so I decided to research the topic.

The basic token Budapest Central Creamery tokens from outlets number 88 and 286.

Scarce cast bronze bottle deposit token from Kiskunhalas ÁFÉSZ stores.

62

Coin news

Most üvegbetétjegy is made of brass, has a diameter of 30mm and weighs between 5 and 6gm depending on wear.

The obverse (előlap) can be described thus: within a narrow edge from top right downwards in a circle “BUDAPESTI KÖZPONTI ÁLTALÁNOS TEJCSARNOK R.T.” and within the inner circle in a tendril ornament is a rectangular-shaped surface where the shop number was stamped, below this are two lines which end in a tendril ornament and the text “SZ. FIÓKJA”, which means shop or outlet number.

Both sides of the reverse (hátlap) have tendril ornament within a narrow edge of “pearls” with the wording “ÜVEGBETÉTJEGY” at the top and “50 FILLÉR” at the bottom. In the centre of the pearl circle is the stork carrying a baby and crib in its beak.

The original paper on these issues(5) makes no mention of where or when they were made, but the company was formed through the merger of two predecessor organisations in 1919 and these tokens are likely to have been in use between 1920 and the 1940s when the company operated from its premises at 31 Rottenbiller Street in district XII. The 40 fillér over-stamps are scarcer than the 50 fillér type and I assume that these were in use in the later period. This theory is supported through the existence of a rather nice white plastic deposit token which exists only with a 40 fillér value.

Varieties Zombori & Tóth originally described six varieties of the “Stork üvegbetétjegy” based on variation in weight, planchet thickness, denomination and design. Having weighed a significant number of these tokens I am not yet persuaded that weight differences are relevant, however through recent collaboration with one of these authors(6) we both agree that there are more variables than were initially described.

Variations created at the time of production include the following: 1. The area of Milk Outlet stamp can be (a) Flat (keretes), (b) regular pillow-shaped (párná) or (c) as (b) with sides not parallel 2. Variations in the device below the milk outlet stamp area which ends with two parallel vertical lines—one each end, (a) There are two circles above the lines, (b) these circles are small or (c) no circles shown.

3. The word “FIÓKJA” on the obverse is found with two different diacritical marks: (a) at an angle as in normal Hungarian O’ or (b) mark is vertical OI. 4. On the reverse the ring of beads around the stork are (a) large with 14 beads around the segment cut by the straight line on which the stork stands or (b) small with over 20 beads in this segment.

5. The baby’s crib is either (a) fully inside the ring of beads or (b) cuts this ring.

6. The first O in the word “KÖZPONTI” on the obverse has two dots above. These dots are (a) very close together, (b) wider separated, (c) very widely spaced and the O is a perfect circle, not a 0 shape.

This is really “work-in progress” and it is likely that further differences will be found.

Stamping variables Here we consider the over-stamping with shop or outlet number and value over-stamp The range of outlet numbers I have seen is from 1 to 325. My curiosity regarding where these shops were located was partly rewarded when I obtained a copy of a publicity leaflet from the 1930s from a collector of dairy memorabilia(7) and I now have the addresses of the outlets numbered 1 to 200. An extremely rare variety has letters rather than number stamped here—these were used for advertising purposes. At least two types exist, “BNV” and “IBUSZ” (travel agency).

Note that the over-stamp 40-over-50 forint always damages the obverse whereas the outlet stamp does not.

Conclusion In collecting and studying these attractive tokens I believe that there are at least 12 varieties in existence based on the minting variables and fillér value. Add to this the white plastic 40 fillér rarity (of which I have only seen three examples), and the large range of milk outlets, I have concluded that someone with a lot of patience could build up a substantial collection of these pieces!

There are likely to be further variants too and my small survey suggests that there may be significant variations in scarcity between the types already described.

Rarer still are the tokens issued by the predecessor organisations to the Budapesti Központi Általános Tejcsarnok Rt. that supplied milk to the city prior to its formation in 1919, but this is a story for another day. ÁFÉSZ Bottle Deposit Tokens My second article on Hungarian tokens (COIN NEWS, July 2011) concentrated on the dividend www.tokenpublishing.com

August 2011

Tokens issues from eight stores. These were very similar, in terms of use, to the issues of the British Cooperative movement.

However three stores are known to have issued bottle deposit tokens and these are described below: Zirc Ă FĂ&#x2030;SZ The stores in the Zirc area issued a range of ďŹ ve plastic tokens. These are distinguishable from the dividend types by a â&#x20AC;&#x153;bĂźtyĂśkâ&#x20AC;? (bunion-shaped)(8) lump on the obverse below the text Ă FĂ&#x2030;SZ ZIRC. The values in ďŹ llĂŠr and colours found are shown below. The reverse has the denomination value in the centre and the words SZĂ&#x2013;VETKEZĂ&#x2030;SBEN AZ ERĹ? around the edge. There is no Ă FĂ&#x2030;SZ logo.

They were issued in small numbers between 1972 and 1987. The shops concerned were frequently requesting shoppers to return them as they had run out.

50 100 200 500 1000 5000 Dark White Blue Red Pale Green brown brown Whilst these issues are scarce, the ĂźvegbetĂŠtjegy issues from two other Ă FĂ&#x2030;SZ outlets are even scarcer.

VeszprĂŠm Ă FĂ&#x2030;SZ An articleâ&#x20AC;&#x153;(9) describes a single-valued pale green plastic token issued in Veszprem with a value of 2 forints. The obverse displayed VESZPRĂ&#x2030;M and Ă FĂ&#x2030;SZ and on the reverse â&#x20AC;&#x153;Ă&#x153;VEGVISSZAVĂ LTĂ&#x201C;â&#x20AC;? (returning bottles). It is supposed that other values existed too but these have yet to be found.

Kiskunhalas Ă FĂ&#x2030;SZ The Kiskunhalas stores did not issue dividend tokens, however on February 1, 1970 they introduced

an extremely attractive set of six cast bronze bottle deposit tokens with very low mintages, recorded by LeĂĄnyfalusi(10) in his excellent article, of 500 pieces of each value. These are therefore among the rarest of ĂźvegbetĂŠt tokens which display a unique set of denominations: 20 ďŹ llĂŠr, 50 ďŹ llĂŠr, 1 forint, 2 forint, 2.5 forint and 3.5 forint.

Due to the fact that these tokens were cast from molten bronze there is a signiďŹ cant variation in weight (between 12.7 and 14.0gm being recorded).

All the series were approximately 30mm diameter, 3mm thick and had a 3mm diameter central hole.

LeĂĄnyfalusi reports that they were designed by MĂŠszĂĄros Imre, the cooperative president, and manufactured in Kiskunhalas.

The range of values must have denoted the different deposits earned by different types of bottle but the article makes no comment on this.

An overstamp variety of token with 40 over 50 ďŹ llĂŠr.

References 1. JEWISON, G. and STEINER, J. C., â&#x20AC;&#x153;Austro-Hungarian Landforces 1848â&#x20AC;&#x201C;1918â&#x20AC;? (website).

2. AMBRUS, B., Hungarian Emergency Paper Money 1723â&#x20AC;&#x201C;1914 (1977).

3. RAYMAN, J., Esztergom es Videke (August 1994).

4. REITER, M., Catalog of dairy or milk tokens and related exonumia (2002).

5. TĂ&#x201C;TH, J. and ZOMBORI, L., Tejipar (1989.2).

6. ZOMBORI, L., personal communication.

7. TĂ&#x2013;RĂ&#x2013;K, S., personal communication.

8. ZOMBORI, L., Az Ă&#x2030;rem (1987.2).

9. ZOMBORI, L. and CZUPPON, Z., Ă&#x2030;remtani Lapok 21 (1993).

10. LEĂ NYFALUSI, K. and NAGY, A., Az Ă&#x2030;rem (1972.1).

Acknowledgments Thanks to Tibor MĂŠszĂĄros who has contributed many of the photographs used to illustrate this article and, along with IldikĂł RĂŠkĂĄsi assisted and encouraged me to write about these tokens, and especially to Lajos Zombori who provided me with some ďŹ ne specimens of bĂĄrcĂĄk and much information besides.

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$XVWUDOLD 3HUWK 0LQW &HQWHQDU\ 3URRI LVVXH 6RYHUHLJQ ,Q ' /X[ FDVH RI LVVXH 1R RI LVVXH 6FDUFH 81& Â&#x2026; *XHUQVH\ 3URRI 3RXQGV $QQLYHUVDU\ RI 4XHHQ 9LFWRULD %XVW 9LFWRULD %XVW RI (OL]DEHWK 6FDUFH )'& Â&#x2026; 3(11,(6 *HRUJH ,,, LQFXVH &XUO 6XSHUE ZLW OXVWUH 81& Â&#x2026; *HRUJH ,,, &RSSHU 3URRI 3HFN 9HU\ QLFH SHQQ\ OXVWUH 81& Â&#x2026; *HRUJH ,,, %URQ]H 3URRI 3HFN 81& Â&#x2026; *HRUJH ,,, 3HQQ\ QLFH FRLQ $() () Â&#x2026; *HRUJH ,9 7KLQ OLQH 3HFN 6XSHUE ZLWK OXVWUH 81& Â&#x2026; *HRUJH ,9 1R OLQH 3HFN 6XSHUE ZLWK OXVWUH 81& Â&#x2026; *HRUJH ,9 *) Â&#x2026; *HRUJH ,9 3ODLQ 6DOWLUH 3HFN 6FDUFH 81& Â&#x2026; *HRUJH ,9 9HU\ 5DUH JRRG VXUIDFHV IRU WKLV LVVXH *) Â&#x2026; :LOOLDP ,9 1R ZZ VFDUFH *9) Â&#x2026; :LOOLDP ,9 1R ZZ 6FDUFH 6PDOO FDUER VSRW RQ QHFN $() Â&#x2026; :LOOLDP ,9 5DUH 3HQQ\ *() Â&#x2026; 9LFWRULD 5HJ 1R &RORQ $81& Â&#x2026; 9LFWRULD 27 () Â&#x2026; 9LFWRULD 27 $() Â&#x2026; 9LFWRULD 27 )DU &RORQ 3HFN 81& OXVWUH Â&#x2026; 9LFWRULD '() )DU &RORQ 3HFN 81& Â&#x2026; 9LFWRULD 27 ZLWK XGHUO\LQJ OXVWUH 1LFH FRLQ 81& Â&#x2026;

9LFWRULD 6FDUFH QLFH FRLQ 81& OXVWUH Â&#x2026; 9LFWRULD &ORVH &RORQ 1LFH FRSSHU WRQLQJ 5DUH 3HQQ\ 81& OXVWUH Â&#x2026; 9LFWRULD 27 VOLJKW OXVWUH *() Â&#x2026; 9LFWRULD 27 VPDOO GDWH $81& Â&#x2026; 9LFWRULD 27 )DU &RORQ *9) Â&#x2026; 9LFWRULD 27 QHDU FRORQ 3HFN 81& OXVWUH Â&#x2026; 9LFWRULD 27 IDU FRORQ 81& VOLJKW OXVWUH Â&#x2026; 9LFWRULD 37 *() Â&#x2026; 9LFWRULD 37 9) Â&#x2026; 9LFWRULD 37 *9) Â&#x2026; 9LFWRULD 37 $9) Â&#x2026; 9LFWRULD 27 9) Â&#x2026; 9LFWRULD 37 *9) Â&#x2026; 9LFWRULD 27 )DU &RORQ 3HFN /XVWUH 81& Â&#x2026; 9LFWRULD 37 PXFK OXVWUH $81& Â&#x2026; 9LFWRULD 37 5DUH 9) Â&#x2026; 9LFWRULD 27 )DU &RORQ /DUJH 'DWH 3HFN /XVWUH QLFH FRLQ 81& Â&#x2026; 9LFWRULD 27 *9) Â&#x2026; 9LFWRULD 37 ZLWK OXVWUH $81& Â&#x2026; 9LFWRULD 27 '() IDU FRORQ *() Â&#x2026; 9LFWRULD 6OLJKW OXVWUH 81& Â&#x2026; 9LFWRULD 27 '() IDU FRORQ /XVWUH $ FRXSOH RI Âż HOG VSRWV EXW D YHU\ QLFH FRLQ $81& Â&#x2026; 9LFWRULD 1R ZZ ODUJH GDWH () Â&#x2026; 9LFWRULD 27 )DU &RORQ /DUJH 'DWH 0XFK OXVWUH 3HFN 1LFH FRLQ 81& Â&#x2026; 9LFWRULD /DUJH GDWH QR :: VOLJKW OXVWUH 81& Â&#x2026; 9LFWRULD 1R ZZ $81& Â&#x2026;

9LFWRULD :: ,QFXVH 27 IDU FRORQ ZLWK OXVWUH 81& Â&#x2026; 9LFWRULD ODUJH GDWH OXVWUH $81& Â&#x2026; 9LFWRULD RYHU 9HU\ 5DUH 7KLV KDV QRZ EHHQ GHÂż QLWHO\ FRQÂż UPHG DV RYHU QRW DV SHU FDWDORJXH SUHYLRXVO\ VKRZQ DV 81& Â&#x2026; 9LFWRULD RYHU VKRUWHU VOLJKW OXVWUH 1LFH FRLQ 81& Â&#x2026; 9LFWRULD 81& Â&#x2026; 9LFWRULD *9) Â&#x2026; 9LFWRULD * )XOO RULJLQDO FRORXU 3URRĂ&#x20AC; LNH Âż HOGV 81& Â&#x2026; 9LFWRULD () Â&#x2026; 9LFWRULD *9) Â&#x2026; 9LFWRULD 5DUH VOLJKW OXVWUH 81& Â&#x2026; 9LFWRULD 5DUH $81& 81& Â&#x2026; 9LFWRULD *() Â&#x2026; 9LFWRULD /XVWUH QLFH FRLQ $81& Â&#x2026; 9LFWRULD + + () Â&#x2026; 9LFWRULD + )U 3HFN * :LWK XQGHUO\LQJ OXVWUH 81& Â&#x2026; 9LFWRULD ) - *() Â&#x2026; 9LFWRULD + . 9) Â&#x2026; 9LFWRULD /LJKWO\ FOHDQHG LQ WKH SDVW *() Â&#x2026; 9LFWRULD /XVWUH 3 $81& 81& Â&#x2026; 9LFWRULD 6FDUFH () Â&#x2026; 9LFWRULD + ZLWK PXFK OXVWUH 81& Â&#x2026; 9LFWRULD + 3HFN )U 'LHV 0 5DUH SHQQ\ *() Â&#x2026; 9LFWRULD 9HU\ QLFH FRLQ %8 Â&#x2026; 9LFWRULD /XVWUH $81& Â&#x2026; 9LFWRULD 0XFK OXVWUH 6FDUFH 81& Â&#x2026; 9LFWRULD 3HFN )U 'LHV 1 9HU\ UDUH 0XFK OXVWUH YHU\ QLFH H[DPSOH 81& Â&#x2026;

5HJLVWHUHG 3RVW Â&#x2026; 5HFRUGHG Â&#x2026; 2YHUVHDV 3RVW 5HJ Â&#x2026; $OO FRLQV GD\V DSSURYDO

August 2011

www.tokenpublishing.com

Coin news

63

Coin price guide Price guide to: Shillings

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

Date

Mintage

F

VF

EF

UNC

Date

F

VF

EF

UNC

OLIVER CROMWELL

1658 ......................................................................

1658 Dutch Copy ...........................Extremely rare

£700 £1400 £2750

—

£110 £225 £480 £1800 £100 £130 £90

1669 Second bust .................................................

1670 — .................................................................. £140 1671 — .................................................................. £140 1671 — Plume below, plume in centre rev. ........... £400 1672 — .................................................................. £140 1673 — .................................................................. £140 1673 — Plume below, plume in centre rev. ........... £350 1673/2 — 3 over 2 ................................................. £175 1674/3 — 4 over 3 ................................................. £150 1674 — .................................................................. £150 1674 — Plume below bust, plume in centre rev.£350£1100 1674 — Plume rev. only......................................... £650 1674 Third bust ..................................................... £400 1675 Second bust ................................................. £200 1675/4 — 5 over 4 ................................................. £210 1675 — Plume below bust, plume in centre rev.£350£1100

1675 Third bust ..................................................... £350 1675/3 — 5 over 3 ................................................. £300 1676 Second bust ................................................. £125 1676/5 — 6 over 5 ................................................. £150 1676 — Plume below bust, plume in centre rev.£350£1400 1677 — .................................................................. £120 1677 — Plume below bust .................................... £700 1678 — .................................................................. £140 1678/7 — 8 over 7 ................................................. £160 1679 — .................................................................. £125 1679 — Plume below bust, plume in centre rev.£350£1100 1679 — Plume below bust .................................... £650 1679 — 9 over 7 .................................................... £160 1680 — ..................................................................

1680 — Plume below bust, plume in centre rev.£850£2500 1680/79 — — 80 over 79 ..................................... £850 1681 — .................................................................. £300 1681 — 1 over 0 .................................................... £320 1681/0 Elephant & Castle below bust ................... £2500 1682/1 — 2 over 1 ................................................. £900 1683 — ..................................................................

64

Coin news

£200 £200

£600 £2100 £600 £2100

— —

£160 £200 £180 £225 £180 £180 £190 £180

£500 £1600 — Extremely rare £650 — — £550 £1750 — £600 £1900 — £600 £1800 — £550 £1900 — £600 £1900 — £500 £1800 —

£175 £210 £175

£500 £2100 £550 £2200 £500 £2100

JAMES II (1685–88)

CHARLES II (1660–85)

1663 First bust ......................................................

1663 — GARTIA error............................................

1663 — Irish & Scottish shields transposed .........

1666 — Elephant below bust ................................

1666 “Guinea” head, elephant ..............................

1666 Second bust .................................................

1668 — ..................................................................

1668/7 — 8 over 7 .................................................

1668 Second bust .................................................

1669/6 First bust variety ......................................

1669......................................................................

1683 Fourth (Larger) bust ......................................

1684 — ..................................................................

£400 £1200 — Extremely rare £800 — — £1500 £6000 — £4500 — — Extremely rare £325 £1200 — £400 — — £320 £1200 — Extremely rare Extremely rare

£500 £500 £1000 £550 £550 £1100 £600 £550 £500 £3500 £2000 £1500 £800 £850 £4000

£1250 £1100 £450 £550 £4200 £475 £2200 £500 £700 £500 £4000 £2000 £600 £4500 £2500 £850 £900 £8000 £2750

Extremely rare £1750 — £1750 — £3500 — £1750 — £1750 — £3500 — — — — — £2000 — — £4000 — — — — — — — —

— — — — £1600 — — — — £1600 — £6000 — £1600 — — — £1750 — — £4000 — — — Extremely rare — — — £3000 — £3100 — — — — — Extremely rare

1685.......................................................................

1685 Plume in centre rev. rev ................................

1685 No stops on rev. ...........................................

1686.......................................................................

1686/5 6 over 5 .....................................................

1687.......................................................................

1687/6 7 over 6 .....................................................

1688.......................................................................

1688/7 last 8 over 7 ...............................................

WILLIAM & MARY (1688–94)

1692 ......................................................................

1692 inverted 1......................................................

1693.......................................................................

— — —

WILLIAM III (1694–1702)

Provincially produced shillings carry privy marks or initials below the bust: B: Bristol. C: Chester. E: Exeter. N: Norwich. Y or y: York.

1695 First bust ..................................................... £40 £120 £600 — 1696 — .................................................................. £40 £100 £425 — 1696 — no stops on rev. ....................................... £60 £140 £750 — 1696 — MAB for MAG...........................................

Extremely rare 1696 — 1669 error ................................................

Extremely rare 1696 — 1669 various GVLELMVS errors ..............

Extremely rare 1696 — B below bust ........................................... £55 £150 £750 — 1696 — C .............................................................. £55 £150 £750 — 1696 — E ............................................................... £55 £160 £800 — 1696 — N .............................................................. £45 £140 £700 — 1696 — y ............................................................... £55 £130 £650 — 1696 — Y............................................................... £50 £130 £650 — 1696 Second bust .................................................

Only one known 696 Third bust C below ......................................... £160 £400 £1250 — 1696 — Y...............................................................

Extremely rare 1697 First bust ...................................................... £50 £110 £400 — 1697 — GRI for GRA error ....................................

Extremely rare 1697 — Scottish & Irish shields transposed .........

Extremely rare

1697 — Irish arms at date .....................................

1697 — no stops on rev ........................................

1697 — GVLELMVS error......................................

1697 — B ..............................................................

1697 — C ..............................................................

1697 — E ...............................................................

£55 £55 £55 £55

Extremely rare £700 — Extremely rare £150 £750 — £140 £750 — £140 £750 — £180

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August 2011

Coin price guide Date

Mintage

F

VF

EF

UNC

1697 — N .............................................................. £55 £130 £725 — 1697 — — no stops on obv...................................

Extremely rare 1697 — y ............................................................... £50 £150 £600 — 1697 — — arms of France & Ireland transposedExtremely rare 1697 — Y............................................................... £50 £140 £600 — 1697 Third bust ..................................................... £45 £125 £550 — 1697 — B .............................................................. £55 £140 £600 — 1697 — C .............................................................. £55 £140 £600 — 1697 — — Fr.a error .............................................. £150 £425 — — 1697 — — no stops on obv................................... £80 £275 — — 1697 — — arms of Scotland at date .....................

Extremely rare 1697 — E ............................................................... £55 £140 £700 — 1697 — N .............................................................. £55 £140 £700 — 1697 — y ............................................................... £55 £140 £650 — 1697 Third bust variety .......................................... £50 £130 £450 — 1697 — B .............................................................. £55 £150 £700 — 1697 — C .............................................................. £110 £525 — — 1698 — .................................................................. £70 £200 £750 — 1698 — Plumes in angles of rev. ........................... £200 £500 £1500 —

1698 Fourth bust “Flaming hair” ...........................

1699 — ..................................................................

1699 Fifth bust ......................................................

1699 — Plumes in angles on rev. ..........................

1699 — Roses in angles on rev. ............................

1700 — ..................................................................

1700 — Small round oo in date.............................

1700 — no stop after DEI ......................................

1700 — Plume below bust ....................................

1701 — ..................................................................

1701 — Plumes in angles on rev. ..........................

£140 £110

£475 £1650 £400 £1250

— —

£100 £150 £160 £65 £65

£300 £1000 — £450 £1750 — £500 £1750 — £120 £525 — £120 £525 — Extremely rare £1800 £5000 — — £80 £220 £700 — £150 £525 £1650 —

ANNE (1702–14)

1702 First bust (pre-Union with Scotland).............

1702 — Plumes in angles on rev. ..........................

1702 — VIGO below bust......................................

1702 — — colon before ANNA .............................

1703 Second bust, VIGO below ............................

1704 — Plain .........................................................

1704 — Plumes in angles on rev. ..........................

1705 — Plain .........................................................

1705 — Plumes in angles on rev. ..........................

1705 — Roses & Plumes in angles on rev. ............

1707 — — .............................................................

1707 Second bust (post-Union) E below bust £50 1707 — E* below bust ...........................................

1707 Third bust, Plain............................................

1707 — Plumes in angles on rev. ..........................

1707 — E below bust ............................................

1707 “Edinburgh” bust, E* below ..........................

1708 Second bust, E below ..................................

1708 — E* below bust ...........................................

August 2011

www.tokenpublishing.com

£80 £90 £70

£300 £275 £220

£65 £180 £500 £1600 £80 £200 £75 £200 £70 £200 £70 £200 £60 £180 £125 £500 £70 £200

£35 £50 £40 £50 £55

£100 £160 £90

Date

Mintage

F

1708/7 — — 8 over 7 ............................................

1708 — Roses & Plumes in angles on rev. ............

1708 Third bust, Plain............................................

1708 — Plumes in angles on rev. ..........................

1708 Third bust, E below bust ..............................

1708/7 — — 8 over 7 ............................................

1708 — Roses & Plumes in angles on rev. ............

1708 “Edinburgh” bust, E* below ..........................

1709 Third bust, Plain............................................

1709 “Edinburgh” bust, E* below ..........................

1709 — E no star (filled in die?).............................

1710 Third bust, Roses & Plumes in angles ..........

£80 £40 £70 £60 £100 £70 £60 £50 £50 £70 £60

£275 £100 £200 £175 £300 £180 £170 £125 £170 £160 £140

£150 £70 £30 £60 £60 £60 £60

£600 £160 £75 £120 £120 £200 £100

1710 Fourth bust, Roses & Plumes in angles .£60 1711 Third bust, Plain............................................

1711 Fourth bust, Plain .........................................

1712 — Roses & Plumes in angles on rev. ............

1713 — — .............................................................

1713/2 — 3 over 2 .................................................

1714 — — .............................................................

1714/3 — ...............................................................

VF

EF

UNC

Extremely rare £650 — £350 — £550 — £600 — — — £550 — £525 — £500 — £650 — £550 — £600 —

— £425 — £220 — £400 — £375 — — — £325 — Extremely rare

GEORGE I (1714–27)

1715 First bust, Roses & Plumes in angles on rev. £80 £200 £800 1716 — — ............................................................. £150 £500 £1800 1717 — — ............................................................. £80 £250 £1100 1718 — — ............................................................. £70 £225 £750 1719 — — ............................................................. £120 £400 £1400 1720 — — ............................................................. £70 £175 £450 1720/18 — — ........................................................ £150 £500 £1400 1720 — Plain ......................................................... £40 £100 £450 1721 — Roses & Plumes in angles on rev. ............ £100 £350 £1400 1721/0 — — 1 over 0 ............................................ £70 £220 £850 1721 — Plain ......................................................... £120 £450 £1250 1721/19 — — 21 over 19 ...................................... £125 £350 — 1721/18 21 over 18 error, Plumes & Roses ........... £425 £1500 — 1722 — Roses & Plumes in angles on rev. ............ £80 £220 £900 1723 — — ............................................................. £80 £220 £900 1723 — SSC rev., Arms of France at date ............ £100 £275 £750 1723 — SSC in angles on rev ............................... £35 £110 £240 1723 Second bust, SSC in angles on rev. ............. £50 £160 £525 1723 — Roses & Plumes in angles ....................... £90 £240 £1000 1723 — WCC (Welsh Copper Co) below bust£500 £1500 £5000 — 1724 — Roses & Plumes in angles on rev. ............ £80 £200 £750

— — — — — — — — — — — — — — — — — — —

£700 — £800 — £650 — Extremely rare

£600 — £750 £650 £650 £650 £600 — £700

— — — — — — —

1724 — WCC below bust ......................................

1725 — Roses & Plumes in angles on rev. ............

1725 — — no stops on obv...................................

1725 — WCC below bust ......................................

1726 — — Roses & Plumes ..................................

1726 — WCC below bust. .....................................

1727 — — .............................................................

1727 — — no stops on obv...................................

£500 £80 £90 £550 £600 £550

£1500 £200 £225 £1600 £1750 £1600

£5000 — £900 — £950 — £5250 — £6250 — £5500 — Extremely rare Extremely rare

GEORGE II (1727–60)

—

£400 — £750 — £450 — Extremely rare £100 £450 — £165 £700 —

1727 Young head, Plumes in angles on rev...........

1727 — Roses & Plumes in angles on rev. ............

1728 — — .............................................................

1728 — Plain .........................................................

1729 — Roses & Plumes in angles on rev. ............

1731 — — .............................................................

1731 — Plumes in angles on rev. ..........................

1732 — Roses & Plumes in angles on rev. ............

1734 — — .............................................................

1735 — — .............................................................

1736 — — .............................................................

1736/5 — — 6 over 5 ...........................................

£75 £60 £65 £75 £60 £70 £75 £65 £65 £65 £65 £70

£300 £950 £180 £650 £180 £650 £220 £700 £200 £700 £200 £700 £350 £1000 £200 £750 £200 £700 £200 £700 £200 £700 £200 £800

Coin news

— — — — — — — — — — — —

65

Coin price guide Date

Mintage

F

1737 — — .............................................................

1739 — Roses in angles on rev. ............................

1739/7 — — 9 over 7 ..........................................

1741 — — .............................................................

1741/39 — — 41 over 39 ......................................

£65 £50

1743 Old head, Roses in angles on rev. ................

1745 — — .............................................................

1745 — — LIMA below bust .................................

1745/3 — — — 5 over 3........................................

1746 — — — .........................................................

1746/5 — — — 6 over 5........................................

1746 — Plain, Proof ..............................................

1747 — Roses in angles on rev. ............................

1750 — Plain .........................................................

1750/6 — — 0 over 6 ............................................

1751 — — .............................................................

1758 — — .............................................................

£30 £30 £28 £60 £50 £100 — £45 £35 £60 £100 £20

£50

VF

EF

UNC

£200 £150

£600 — £425 — Extremely rare £150 £425 — Extremely rare

£80 £325 £80 £325 £85 £310 £175 £400 £175 £650 £300 — — £1400 £100 £375 £120 £350 £150 £500 £275 £750 £50 £140

— — — — — — — — — — — —

GEORGE III (1760–1820)

1763 “Northumberland” bust ................................

1787 rev. no semée of hearts in 4th shield ............

1787 — No stop over head ...................................

1787 — No stop at date ........................................

1787 — No stops on obv ......................................

1787 rev. with semée of hearts in shield ...............

1798 “Dorrien Magens” bust .................................

NEW COINAGE—shield in garter reverse 1816................................................................... — 1817.......................................................3,031,360 1817 GEOE for GEOR ......................... incl. above 1818.......................................................1,342,440 1819.......................................................7,595,280 1819/8 9 over 8 ................................... incl. above 1820.......................................................7,975,440

£450 £15 £15 £15 £18 £15 —

£800 £1500 — £30 £80 — £30 £80 — £30 £80 — £35 £85 — £30 £80 — — —£18000

£8 £8 £110 £9 £8 £15 £8

£20 £20 £250 £22 £20 £35 £20

£50 £50 £600 £85 £50 £80 £50

£100 £100 — £150 £100 — £100

GEORGE IV (1820–30)

George IV first bust 1821 First bust, first reverse .................2,463,120 1821 — — Proof .................................. incl. above 1823 — Second reverse ...........................693,000 1824 — — .............................................4,158,000 1825 — — .............................................2,459,160 1825/3 — — 5 over 3 .......................... incl. above 1825 Second bust, third reverse ......... incl. above 1825 — — Roman I ............................. incl. above 1826 — — .............................................6,351,840 1826 — — Proof .................................. incl. above 1827 — — ................................................574,200 1829 — — ................................................879,120

George IV second bust £10 — £40 £10 £20

£40 — £75 £40 £50

£6

£18

£6 — £30 £20

£18 — £70 £60

£150 £400 — £900 £250 £550 £150 £375 £150 £500 Extremely rare £60 £200 Extremely rare £60 £200 — £450 £200 £475 £175 £425

WILLIAM IV (1830–37)

Date

Mintage

Second head 1839 WW on truncation, Proof only .... incl. above 1839 no WW ........................................ incl. above 1840 ......................................................1,639,440 1841 .........................................................875,160 1842 ......................................................2,094,840 1843 ......................................................1,465,200 1844 ......................................................4,466,880 1845 ......................................................4,082,760 1846 ......................................................4,031,280 1848 last 8 of date over 6.....................1,041,480 1849 .........................................................845,480 1850 .........................................................685,080 1850/49 .............................................. incl. above 1851 .........................................................470,071 1852 ......................................................1,306,574 1853 ......................................................4,256,188 1853 Proof .......................................... incl. above 1854 .........................................................552,414 1854/1 4 over 1 ................................... incl. above 1855 ......................................................1,368,400 1856 ......................................................3,168,000 1857 ......................................................2,562,120 1857 error F:G with inverted G ........... incl. above 1858 ......................................................3,108,600 1859 ......................................................4,561,920 1860 ......................................................1,671,120 1861 ......................................................1,382,040 1862 .........................................................954,360 1863 .........................................................859,320 1863/1 3 over 1 .....................................................

Die no. added above date up to 1879 1864 .....................................................4,518,360 1865 .....................................................5,619,240 1866 .....................................................4,984,600 1866 error BBITANNIAR ...................... incl. above 1867 .....................................................2,166,120 Third head—with die no 1867 .................................................... incl. above 1868 ......................................................3,330,360 1869 .........................................................736,560 1870 ......................................................1,467,471 1871 ......................................................4,910,010 1872 ......................................................8,897,781 1873 ......................................................6,489,598 1874 ......................................................5,503,747 1875 ......................................................4,353,983 1876 ......................................................1,057,487 1877 ......................................................2,989,703 1878 ......................................................3,127,131 1879 ......................................................3,611,507 Fourth head—no die no 1879 no Die no. .................................. incl. above 1880 ......................................................4,842,786 1881 ......................................................5,255,332 1882 ......................................................1,611,786 1883 ......................................................7,281,450 1884 ......................................................3,923,993 1885 ......................................................3,336,526 1886 ......................................................2,086,819 1887 ......................................................4,034,133

F

VF

EF

UNC

— — — £600 £18 £40 £160 £350 £18 £40 £160 £350 £20 £45 £160 £350 £18 £40 £160 £350 £18 £50 £180 £425 £14 £40 £150 £325 £14 £40 £150 £325 £14 £40 £150 £325 £70 £150 £550 £900 £25 £50 £170 £500 £500 £1000 £2500 £5000 £550 £1100 £3000 — £40 £110 £400 £700 £12 £30 £125 £300 £12 £30 £125 £300 — — — £850 £150 £350 £1000 £2200 £170 £650 — — £10 £30 £110 £250 £10 £30 £110 £250 £10 £30 £110 £250 £150 £400 — — £10 £30 £110 £275 £10 £30 £110 £275 £10 £30 £110 £320 £12 £40 £150 £425 £40 £120 £275 £800 £110 £300 £750 £1600 Extremely rare £10 £10 £10 £80 £10

£30 £30 £30 £220 £35

£110 £110 £110 £700 £110

£225 £225 £225 — £260

£100 £10 £12 £10 £10 £10 £10 £10 £10 £10 £10 £10 £20

£400 £40 £45 £40 £40 £40 £40 £40 £40 £40 £40 £40 £55

— £110 £110 £100 £100 £100 £100 £100 £100 £100 £100 £100 £200

— £250 £275 £250 £250 £250 £250 £250 £250 £300 £250 £250 £500

£8 £8 £8 £20 £8 £8 £8 £8 £8

£25 £25 £25 £65 £25 £25 £25 £25 £25

£75 £75 £75 £200 £65 £65 £65 £65 £65

£185 £185 £185 £425 £170 £170 £170 £170 £170

£4 — £6 £35 £6 £6 £6 £6

£8 — £10 £90 £12 £12 £12 £12

£15 £40 — £170 £25 £60 £300 — £45 £75 £45 £75 £45 £75 £45 £90

£5 £5 — £9 £9 £7 £7 £7 £7 £7 £7

£10 £10 — £25 £24 £15 £12 £12 £12 £12 £12

£30 £65 £30 £65 — £150 £60 £140 £55 £140 £40 £75 £40 £75 £40 £65 £40 £65 £40 £75 £40 £65

JUBILEE HEAD ISSUES

1887..................................................... incl. above 1887 Proof ....................................................1,084 1888.......................................................4,526,856 1889.......................................................7,039,628 1889 Large bust (until 1892) ................ incl. above 1890.......................................................8,794,042 1891.......................................................5,665,348 1892.......................................................4,591,622 OLD HEAD ISSUES

1831Proof only .................................................. — 1834.......................................................3,223,440 1835.......................................................1,449,360 1836.......................................................3,567,960 1837..........................................................478,160

— £15 £15 £15 £20

— £35 £35 £35 £60

— £170 £170 £170 £200

£600 £400 £400 £400 £500

VICTORIA (1837–1901) YOUNG HEAD ISSUES

First head 1838 WW on truncation.........................1,956,240 1839 — ..................................................5,666,760

66

Coin news

£15 £15

£40 £40

£175 £350 £175 £350

1893.......................................................7,039,074 1893 small lettering ............................. incl. above 1893 Proof ....................................................1,312 1894.......................................................5,953,152 1895.......................................................8,880,651 1896.......................................................9,264,551 1897.......................................................6,270,364 1898.......................................................9,768,703 1899.....................................................10,965,382 1900.....................................................10,937,590 1901.......................................................3,426,294

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August 2011

Coin price guide Date

Mintage

F

VF

EF

UNC

EDWARD VII (1901–10)

1902.......................................................7,809,481 1902 Proof matt..........................................13,123 1903.......................................................2,061,823 1904.......................................................2,040,161 1905..........................................................488,390 1906 ....................................................10,791,025 1907.....................................................14,083,418 1908.......................................................3,806,969 1909.......................................................5,664,982 1910.....................................................26,547,236

£4 — £10 £8 £80 £5 £5 £10 £9 £4

£15 — £35 £35 £250 £12 £12 £25 £22 £10

£45 — £140 £120 £900 £40 £40 £150 £110 £45

£75 £75 £475 £440 £3000 £120 £125 £450 £350 £95

GEORGE V (1910–36)

First issue 1911.....................................................20,065,901 £4 1911 Proof ....................................................6,007 — 1912.....................................................15,594,009 £5 1913.......................................................9,011,509 £7 1914.....................................................23,415,843 £4 1915.....................................................39,279,024 £4 1916.....................................................35,862,015 £4 1917.....................................................22,202,608 £4 1918.....................................................34,915,934 £4 1919.....................................................10,823,824 £5 Second issue—debased silver 1920 ....................................................22,825,142 £2 1921.....................................................22,648,763 £2 1922.....................................................27,215,738 £2 1923.....................................................14,575,243 £2 1924.......................................................9,250,095 £6 1925.......................................................5,418,764 £6 1926.....................................................22,516,453 £2 Third issue—Modified bust 1926 .................................................... incl. above £2 1927 — ..................................................9,247,344 £2 Fourth issue—large lion and crown on rev., date in legend

1927 .................................................... incl. above 1927 Proof ..................................................15,000 1928.....................................................18,136,778 1929.....................................................19,343,006 1930.......................................................3,172,092 1931.......................................................6,993,926 1932.....................................................12,168,101 1933.....................................................11,511,624 1934.......................................................6,138,463 1935.......................................................9,183,462 1936.....................................................11,910,613 GEORGE VI (1936–52)

£2 — £2 £2 £2 £2 £2 £2 £2 — —

£8 — £10 £20 £7 £7 £7 £7 £7 £8

£20 £55 — £75 £25 £75 £50 £140 £25 £55 £25 £55 £25 £55 £25 £60 £25 £55 £30 £65

£4 £4 £4 £4 £12 £10 £7

£20 £45 £20 £45 £20 £45 £20 £45 £45 £140 £40 £110 £25 £100

£4 £4

£25 £25

£55 £55

£4 — £4 £4 £4 £4 £4 £4 £4 £4 £4

£20 — £15 £15 £18 £15 £15 £15 £18 £10 £9

£40 £55 £40 £40 £45 £40 £45 £35 £50 £22 £20

Date

Mintage

F

VF

EF

UNC

E = England rev. (lion standing on large crown). S = Scotland rev. (lion seated on small crown holding sword and mace) 1937 E ...................................................8,359,122 — £2 £4 £6 1937 E Proof ...............................................26,402 — — — £15 1937 S ...................................................6,748,875 — £2 £4 £6 1937 S Proof...............................................26,402 — — — £15 1938 E ...................................................4,833,436 — £3 £10 £20 1938 S ...................................................4,797,852 — £3 £10 £20 1939 E .................................................11,052,677 — £2 £4 £6 1939 S .................................................10,263,892 — £2 £4 £6 1940 E .................................................11,099,126 — — £4 £7 1940 S ...................................................9,913,089 — — £4 £7 1941 E .................................................11,391,883 — — £4 £6 1941 S ...................................................8,086,030 — — £4 £5 1942 E .................................................17,453,643 — — £4 £5 1942 S .................................................13,676,759 — — £4 £5 1943 E .................................................11,404,213 — — £4 £6 1943 S ...................................................9,824,214 — — £4 £5 1944 E .................................................11,586,751 — — £4 £5 1944 S .................................................10,990,167 — — £4 £5 1945 E .................................................15,143,404 — — £4 £6 1945 S .................................................15,106,270 — — £4 £5 1946 E .................................................16,663,797 — — £4 £5 1946 S .................................................16,381,501 — — £4 £5 Cupro-nickel 1947 E .................................................12,120,611 — — — £2 1947 S .................................................12,283,223 — — — £2 1948 E .................................................45,576,923 — — — £2 1948 S .................................................45,351,937 — — — £2 1949 E .................................................19,328,405 — — — £5 1949 S .................................................21,243,074 — — — £5 1950 E .................................................19,243,872 — — — £5 1950 E Proof ...............................................17,513 — — — £18 1950 S .................................................14,299,601 — — — £5 1950 S Proof...............................................17,513 — — — £18 1951 E ...................................................9,956,930 — — — £5 1951 E Proof ...............................................20,000 — — — £18 1951 S ................................................10,961,174 — — — £6 1951 S Proof...............................................20,000 — — — £18 ELIZABETH II (1952– )

E = England rev. (shield with three lions). S = Scotland rev. (shield with one lion).

1953 E .................................................41,942,894 — — — £1 1953 E Proof ...............................................40,000 — — — £4 1953 S .................................................20,663,528 — — — £1 1953 S Proof...............................................40,000 — — — £4 1954 E .................................................30,262,032 — — — £2 1954 S .................................................26,771,735 — — — £2 1955 E .................................................45,259,908 — — — £2 1955 S .................................................27,950,906 — — — £2 1956 E .................................................44,907,008 — — — £10 1956 S .................................................42,853,639 — — — £10 1957 E .................................................42,774,217 — — — £1 1957 S .................................................17,959,988 — — — £10 1958 E .................................................14,392,305 — — — £10 1958 S .................................................40,822,557 — — — £1 1959 E .................................................19,442,778 — — — £1 1959 S ...................................................1,012,988 £1 £3 £10 £30 1960 E .................................................27,027,914 — — — £1 1960 S .................................................14,376,932 — — — £1 1961 E .................................................39,816,907 — — — £1 1961 S ...................................................2,762,558 — — — £3 1962 E .................................................36,704,379 — — — £1 1962 S .................................................17,475,310 — — — £1 1963 E .................................................49,433,607 — — — £1 1963 S .................................................32,300,000 — — — £1 1964 E ...................................................8,590,900 — — — £1 1964 S ...................................................5,239,100 — — — £1 1965 E ...................................................9,216,000 — — — £1 1965 S ...................................................2,774,000 — — — £2 1966 E .................................................15,002,000 — — — £1 1966 S .................................................15,604,000 — — — £1

Coming next month: Illustrated price guide to florins

August 2011

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Coin news

67

68

Coin News

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August 2011

Basic Books

DR KERRY RODGERS explains why he has become a numismatic bibliomaniac

M

ANY moons ago an ageing Californian dealer adopted me. I had become a beginner collector to take my mind off health issues. Herb Farrar became my guru. He taught me much of the basics I know today. He stressed the importance of building-up a small numismatic library. Few of the books I would need would be available in the local library—I would have to provide my own reference collection. He told me to never to throw any numismatic work away. All this proved true. I earnestly pass on this advice.

Among the books I found essential were: 1. A basic catalogue. For an English coin collector this might be Spink’s Coins of England or, alternatively, a broader reference such as The Standard Catalog of World Coins. A note collector could go for Token’s Banknote Yearbook and/or The Standard Catalog of World Paper Money.

2. A general guide to coin and/or banknote collecting. Token’s Coin Year Book and/or Banknote Yearbook are ideal and give you just about all the general information you need including a comprehensive directory of dealers, auctioneers, museums, mints and clubs as well as an easy to use guide to prices. Check out the book reviews in Coin News but always cast a judgemental eye over any book before you buy.

3. A numismatic dictionary. I picked up C. C. Chamberlain’s Teach Yourself Guide To Numismatics aeons ago. It came pre-loved.

I still use it regularly for writing stories. It is ideal for the British collector. You can still get it second-hand. Amazon had five when I last looked.

The new format provided by DVDs and e-Books is upon us.

It has advantages. Few beginners can lash-out and buy all five volumes of The Standard Catalog of World Coins but one of the new DVDs is far more manageable—and lighter! But I confess I prefer an old-fashioned hard copy alongside when I work on my collection.

I asked a leading numismatic bibliophile for his basic five.

He proposed one giving a broad overview of numismatics from ancient to modern times, one giving a broad overview of ancient coins, one catalogue of world coins, one catalogue of world paper money, and one giving a broad overview of world medals/tokens/exonumia. He then tossed-in, “If I could add a sixth, it would be a book on detecting counterfeit coins and paper money”.

Then there are periodicals. From the word go I found it essential to take out a subscription to a couple of commercial numismatic magazines/newspapers. Some issues seemed not to have much directly related to my own collecting area. That did not matter. I found those other articles—and ads—gave me information about the rest of the world of numismatics.

They helped shape my ideas. They made me a better-rounded collector than when I was focused on one narrow speciality. I took some US magazines for a while. They made me aware of the biggest numismatic market in the world.

Coin News is the obvious one stop shop for the British collector. There is usually more than one story of direct interest

August 2011

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to most readers (if not write your own!). I also take Australia’s Australasian Coin & Banknote Magazine and the US World Coin News and Bank Note Reporter plus publications from local and international numismatic societies. Over the years these have built-up and are now a valuable resource. I dig out copies regularly to check this, that, or the other thing.

Once basic books, catalogues and a periodical or two are under your belt, it is time to consider more specialised publications. These will depend on an individual’s sphere(s) of interest but they are essential. They can be expensive and I have had to balance the money I spend on them against that I spend on coins or notes. The volumes in Token’s library are a good place to start.

I have mentioned buying pre-loved and I regularly browse secondhand book shops. Most of my books on British coins and notes are from this quarter. Half my library has come from them. I also keep an eye on classified ads in the back of coin and note mags. I have picked up the odd treasure from here.

Reprints of out-of-print classics can sometimes be obtained in this manner. Amazon, too, is an excellent resource for reasonably-priced second-hand copies. Make a list of titles you hear about at club meetings or you see dealers using and stalk them as you would a much desired coin.

My own small library has been the source of much enjoyment and education over the years. I have never regretted becoming a numismatic bibliomaniac.

Coin news

69

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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.

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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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Coin News

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

August 2011

BANKNOTE News

THE SPECIALIST BANKNOTE SECTION INCLUDED FREE WITH COIN NEWS

Our “Book of the Year” W

E are delighted to announce that the International Bank Note Society (IBNS) has awarded its 2011 Book of the Year, for a book published in 2010, to The Standard Catalogue of the Provincial Banknotes of England & Wales by Roger Outing, published by Token Publishing Ltd. The announcement was made at the Annual General Meeting of the IBNS in Memphis, Tennessee, USA, in early June. We are thrilled that Roger’s monumental tome has been recognised with such a prestigious award although the popularity of the book has been such that stocks are running extremely low and at this stage a second edition is not planned for a number of years.

Already considered to be the essential guide for collectors of the series as well as of great interest to local historians and banking history buffs, Roger’s book is the definitive catalogue and guide to the many provincial banks of the 18th and 19th centuries and their increasingly popular notes, carrying on the pioneering work of Geoffrey Grant’s The Standard Catalogue of Provincial Banks and Banknotes, published almost 40 years ago.

The IBNS commented that “The Standard Catalogue of the Provincial Banknotes of England & Wales is an impressive work—not only is the information of great value, it is very well presented. . . . This catalogue and price guide is a wonderful example of the investment of time and effort into the research of paper money and the IBNS congratulates Roger Outing on a valuable achievement and contribution to the world of paper money”.

Fake mistakes A

NUMBER of businesses in the Western Isles of Scotland were left feeling more than a little peeved when they were wrongly told that a quantity of various Scottish £20 notes they had banked were fakes. Indeed one businessman, on being told by the Isle of Lewis branch of the Royal Bank of Scotland that some of the notes he had taken that week were fake, proceeded to flush hundreds of pounds down the lavatory only to learn later that the money was genuine. The confusion occurred after banks had been warned of a suspected counterfeiting operation in the Western Isles and followed their precautionary procedures to weedle out any fakes that had been banked. However, so far all the notes that have been set aside as fakes have been analysed by the Serious Organised Crime Agency and found to be fine. Businesses also incurred the cost of purchasing UV scanners following the return of £20 notes to them by the RBS and Bank of Scotland. A spokesman for Bank of Scotland said: “We found what we thought were inconsistencies with some banknotes and as a precaution we set these notes aside so they were no longer in circulation. We have robust procedures in place which are standard across the industry.”

The price of progress A

S from the end of June this year the erstwhile invaluable cheque guarantee card—which if nothing else, gave the owner peace of mind when authorising a cheque—is no longer in use. This is the first step in the phasing out of the cheque in the UK—the end of an era is imminent.

Catalogue on line N celebration of its 50th

I

anniversary this year the IBNS has tentatively commenced work on their most ambitious project to date: a fully comprehensive on-line catalogue of world paper money.

At its meeting which took place in Valkenburg in April, during the acclaimed World Paper Money Fair, the Board agreed to take the first steps toward creating the necessary infrastructure for the production of what will be a long-term and well worthwhile project. President Peter Symes is tasked with seeking out suitable people capable of assisting with the project, both in designing the website and for producing individual catalogue sections. If you have the necessary expertise and are willing to help contact Peter at president@ibns.biz.

Archive clearout IBNS Hall of Fame T O

HE latest corporation to take a look at their archives and pass unwanted items on for the collecting hobby is the Monetary Authority of Singapore. In Mavin’s auction on July 16 over 100 lots featured special number notes in groups and uncut sheets from the various issues up to 1996. Lucky collectors of the series were able to share in the bonanza and procure such items as consecutive numbers, sheets of consecutive prefixes, special numbers and much more.

The sale also featured a number of rare notes from other sources including some very interesting “SPECIMEN” notes.

Visit www.mavininternational.com for full information.

August 2011

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NLY the great and good are inducted into “Halls of Fame” and the world-wide nature of the IBNS ensures that its notables are remembered.

The latest person to be so honoured is the UK’s Pam West of PW British Notes. Over the past 30 years Pam has worked tirelessly for the London chapter of the Society as well as the hobby in general and is well deserving of such a high accolade. We send Pam our heartfelt congratulations and thanks for helping to put British note collecting on the map.

Other names to added to those of the founding fathers of the Society this year are Gene Hessler from Ohio, a prolific writer and broadcaster, and the late Mel Steinberg, a US dealer who was a well-known figure at most paper money shows around the world.

Coin news

71

Banknote feature JONATHAN CALLAWAY

GIBRALTAR

G

and its banknote issues

IBRALTAR, located at the southern tip of Spain, is a tiny British Overseas territory with a long and—for many years—turbulent history. Strategically important, it dominates the entrance to the Mediterranean Sea from the Atlantic Ocean. It has been besieged 15 times, and derives its name from the invading Arabic leader who captured Spain and Gibraltar in the 8th century. The earliest residents appear to have settled during the Stone Age and the “Rock” was certainly known to the Romans and the Phoenicians. The Moors arrived in about AD 700 when the Arab leader Tarik Ibn Zeyad conquered the Rock and named it Jebel Tarik (Tarik’s mountain). This was eventually corrupted into the Rock’s present name.

circulated until 1927. These notes were issued in the same When the Moors were driven out of Spain in the 14th century denominations but collectors are unlikely to see more than the Spanish forces occupied Gibraltar but it was recaptured and 2 shillings note as few others seem to have survived. This issue finally came under Spanish control in 1462 after being occupied too carries the Anglo-Egyptian Bank’s embossed seal and all by troops under the leadership of the Duke of Medina Sidonia. the notes carry the printed signature of A. C. Greenwood, the After the British captured the Rock in 1704, and the Spanish Colonial Secretary. formally ceded it in 1713, it was gradually developed into an In 1927 a new Currency Notes Ordinance was enacted which impregnable fortress with a large naval and air force base. formally conferred the right on the Government of Gibraltar to Spain besieged the fortress for four years from 1779 and has issue legal currency notes in the territory. This new, third, note made repeated attempts, both military and diplomatic, to issue had three denominations, 10 shillings, £1 and £5, and is regain sovereignty. a firm favourite with collectors. It features a vignette of the Gibraltar became a Crown Colony in 1830, but Spain continued famous Rock on the front with the Government Arms on the to challenge its status and formally submitted her claim at the reverse. The notes were designed and engraved by Waterlow United Nations’ Special Committee on Decolonisation in 1963. & Sons and carry their usual plate letters on the front and A referendum saw Gibraltar’s 30,000 residents overwhelmingly the reverse. In 1934 another reject Spanish sovereignty Ordinance was enacted and in 1967 and self-government the reference on the notes followed two years later. The amended accordingly.

Spanish reacted with tighter The Rock series continued border restrictions and the in issue until 1975 with the frontier was eventually closed later dates seeing Waterlow’s in 1969. It was reopened in imprint replaced by that of 1985 but relations are still not Thomas De La Rue & Co who cordial despite diplomatic had taken them over in 1962. efforts by both the UK and Collectors of Rock notes will Spanish governments in have seen there are several subsequent years. dates, signatures and other The Colony’s banknote minor varieties to find and issues date back to 1914 and a fuller listing of the series are all denominated in British A 2 shillings note of the second issue. is given below. Some of the Pounds Sterling, the legal minor varieties are very currency of Gibraltar. There difficult to obtain nowadays and some of the prefixes even have been six issues since then, two of them in 1914 itself. more so, especially where they are split between different dates The first of these was a provisional issue under emergency and varieties. All three notes dated 1927 are now very scarce wartime legislation following the outbreak of the WWI. It and command quite a price premium, the 10shillings note was quickly followed by a better printed permanent issue especially. It is worth noting that earlier in his career Walter with the same date, August 6, 1914. The provisional issue was Andrew Bowring, whose signature appears on the 1927 notes, required to ensure there was no run on the main commercial bank operating in the Colony, the Anglo-Egyptian Bank (there had also signed note issues in Cyprus in the period 1917 to 1920. were a few small private banks too, but these were not deemed In 1975 it was decided to issue new notes with the Queen’s significant). While the issue was in the Government’s name portrait on them, thus making even clearer Gibraltar’s ties to the notes of 2 shillings, 10 shillings, £1, £5 and £50 carried the United Kingdom. This, the fourth issue, was printed by the embossed seal of that bank. They were simple designs, Thomas De La Rue and the opportunity was taken to add a poorly printed on poor quality paper and are very rare today, £10, £20 and, in 1986, a £50 note. The notes shared a common especially the higher values. They were quickly replaced by obverse while using different colours for each denomination. a permanent issue of improved quality and design which The £1 and £5 notes depicted the Governor’s Residence (the

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Coin news

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August 2011

Banknote feature A Millennium edition of the £5 note was issued in January 2000 with a new reverse. This was followed in 2002 by a revised £10 note and two years later a Tercentenary £20 note celebrating 300 years of the Rock’s control by the British.

In 2010 the Government announced that a sixth series of notes was to be issued, to include a £100 note for the first time.

The portrait of the Queen is now much larger and new views of Gibraltar feature on each reverse. The £10 and £50 notes were issued in July 2010 while the £5, £20 and £100 notes came out in May 2011.

Bank of England notes, it should be recorded, have remained legal tender in Gibraltar throughout this period, although the Government tries to encourage the local note issue and requires deposits of equivalent value when notes are issued through local banks. These deposits are an important source of income to the Government.

Convent) on the reverse and the £10 and £20 notes a view of the House of Assembly. When the £50 note was introduced the reverse featured an aerial view of the Rock from the southeast.

In 1995 a fifth issue was introduced, again prepared by De La Rue. A new more mature portrait of the Queen was adopted and the £1 note dropped in favour of a coin. Once again, the obverse design is the same but each of the four denominations had a different reverse, featuring an important historical figure and a vignette of a site relevant to that figure. The £5 note depicted Tarik Ibn Zayad and the Moorish Castle high on the Rock. The £10 note sees General Elliott and a scene from the great siege of 1779–83. The £20 note portrays Admiral Nelson and his ship the Victory returning to Gibraltar after the nearby Battle of Trafalgar in 1805. Finally the £50 note has a splendid portrait of Winston Churchill and a vignette of wartime Spitfires on the runway of the Rock’s airfield.

LISTING OF GIBRALTAR “ROCK” SERIES NOTES TEN SHILLINGS (total issue ca. 1,600,000) Date

Prefix/Serial Range

Signature

Title

1927 Ordinance, Waterlow 1 October 1927

C 035704

Bowring

Colonial Treasurer

C 142503 – C 247758 C 252674 – C 741127

Chamberlain Todd

Treasurer Financial Secretary

C 867341 – C 959557 D 035740 – D 173536 D 175798 – D 225422

Hayward Hayward Gomez

Financial Secretary Financial Secretary Financial Secretary

Gomez Davis

Financial Secretary Financial Secretary

C 131773 – C 294002

Bowring

Colonial Treasurer

C 339069 – C 594116 C 612983 – D 525907 D 542888 – E 058611

Chamberlain Todd Cook

Treasurer Financial Secretary Financial Secretary

E 221137 – E 279479 E 368507 – E 901234 F 038104

Hayward Hayward Gomez

Financial Secretary Financial Secretary Financial Secretary continued overleaf

1934 Ordinance, Waterlow 1 February 1937 1 June 1942 1 July 1954 a) serif prefix/serials b) sans serif prefix/serials 3 October 1958

1934 Ordinance, Thomas De La Rue 3 October 1958 D 301271 – D 524507 1 May 1965 D 536217 – D 586914 ONE POUND (total issue ca. 5,700,000) 1927 Ordinance, Waterlow 1 October 1927 1934 Ordinance, Waterlow 1 June 1938 1 June 1942 1 December 1949 1 July 1954 a) serif prefix/serials b) sans-serif prefix/serials 3 October 1958

A close up of the Rock vignette.

The tiny Waterlow plate letter can be seen in the lower border on the far left.

The first date of the Rock 10 shillings note issue (above) is scarce nowadays.

The first date of the Rock £5 notes is also scarce.

August 2011

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73

Banknote feature

1979 £1 note of the 4th Issue.

The new 6th Issue £5 note (Image courtesy Gibraltar’s Ministry of Finance Treasury Dept).

ONE POUND continued 1934 Ordinance, Thomas De La Rue 3 October 1958 F 169945 – F 886050 1 May 1965 F 954624 – G 733065 20 November 1971 H 022854 – H 480414

Gomez Davis Hickling

20 November 1975

Collings

H 508997 – H 608176

Financial Secretary Financial Secretary Financial & Development Secretary Financial & Development Secretary

FIVE POUNDS (total issue ca. 1,850,000) 1927 Ordinance, Waterlow 1 October 1927

C 000612 – C 046324

Bowring

Colonial Treasurer

C 050472 – C 075816 C 089774 – C 104156

Todd Cook

Financial Secretary Financial Secretary

C 132407 – C 144658 C 204120 – C 227037 C 266603 – C 401295

Hayward Hayward Gomez

Financial Secretary Financial Secretary Financial Secretary

1934 Ordinance, Thomas De La Rue 3 October 1958 C 554482 – C 663191 1 May 1965 C 737920 – D 069543 20 November 1971 D 221701 – D 626824

Gomez Davis Hickling

20 November 1975

Collings

Financial Secretary Financial Secretary Financial & Development Secretary Financial & Development Secretary

1934 Ordinance, Waterlow 1 June 1942 1 December 1949 1 July 1954 a) serif prefix/serials b) sans-serif prefix/serials 3 October 1958

D 713347 – D 802697

“ . . . Bank of England notes, it should be recorded, have remained legal tender in Gibraltar throughout this period . . . ” Below: The portrait of Churchill and the sight of Spitfires on the Rock’s airfield are very evocative.

£10 note of the 5th Issue.

Acknowledgements: The assistance of the Ministry of Finance Treasury Department is gratefully acknowledged.

74

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August 2011

75(925 :,/.,1 %$1.127(6

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Coins, Medals, Banknotes Bought, Sold & Exchanged

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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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Banknote prices

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

New 7th Edition now available

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

ONE POUND

F

VF

SC101a Signatory: Duncan McNeill (Secretary) Prefix 70/H dated 18.2.1894 to prefix a59/X dated 19.12.1910 ........................................... from £550 £1000 SC101b Signatory: P. Macdonald (Secretary) Prefix 60/X dated 3.1.1911 to prefix 59/AL dated 24.11.1920...................................................... £250 £550 SC101c Signatory: A. J. Rose (Secretary) Prefix 60/AL dated 8.12.1920 to prefix 9/AU dated 16.11.1927...................................................... £220 £450 VF SC102 Signatories: (Lord) Elphinstone (Governor); G. J. Scott (Treasurer) Prefix A dated 1.1.1927 to prefix J dated 17.7.1933 ....................................................... £130 SC103a Signatories: (Lord) Elphinstone (Governor); A. W. M. Beveridge (Treasurer) Prefix K dated 15.1.1935 to prefix Q dated 15.9.1937 ......................................................... £65 SC103b Signatories: (Lord) Elphinstone (Governor); J. Macfarlane (Treasurer) Prefix R dated 5.1.1939 to prefix Y dated 7.5.1941 ........................................................... £50 SC103c Signatories: (Lord) Elphinstone (Governor); J. B. Crawford (Treasurer) Prefix Z dated 2.6.1942 to prefix AA dated 16.10.1943 ...................................................... £50 SC104 Signatories: (Lord) Elphinstone (Governor); J.B.Crawford (Treasurer) Prefix A dated 4.1.1945 to prefix B dated 6.2.1945 ........................................................... £95 EF SC105a Signatories: (Lord) Elphinstone (Governor); J.B.Crawford (Treasurer) Prefix B dated 6.2.1945 to prefix R dated 19.11.1952........................................................ £40 SC105b Signatories: (Lord) Elphinstone (Governor); Sir William Watson (Treasurer) Prefix R dated 4.9.1953 to prefix T dated 9.11.1953.......................................................... £45 SC106a Signatories: (Lord) Elphinstone (Governor); Sir William Watson (Treasurer) Prefix A dated 1.3.1955 to prefix D dated 4.3.1955 ........................................................... £35 SC106b Signatories: Sir John Craig (Governor); Sir William Watson (Treasurer) Prefix E dated 1.9.1955 to prefix N dated 14.9.1956 ......................................................... £25 SC106c Signatories: Lord Bilsland (Governor); Sir William Watson (Treasurer) Prefix O dated 30.8.1957 to prefix B/A dated 30.11.1960........................................................ £25 SC107a Signatories: Lord Bilsland (Governor); Sir William Watson (Treasurer) Prefix A dated 16.11.1961 to prefix N dated 12.12.1962 ....................................................... £25 Prefix A/A dated 3.2.1964 to prefix A/I dated 13.2.1964 (printer’s imprint “LD”) ............. £25 Prefix A/J dated 4.5.1965 to prefix A/O dated 11.5.1965 (printers imprint “LTD” .............. £25

76

Coin news

EF

£250

£130

£100

£100

£180 UNC

£70

EF UNC SC107b Signatories: Lord Polwarth (Governor); J. Letham (Treasurer & General Manager) Prefix A/P–A/U dated 1.6.1966 (w/o sorting symbols) ........................................... £25 £35 Prefix A/V–A/Y dated 3.3.1967 (with sorting symbols)........................................... £25 £35 SC108 Signatories: Lord Polwarth (Governor); J. Letham (Treasurer & General Manager) Prefix A/1 to A/6 dated 17.7.1968; prefix A/7 to B/4 dated 18.8.1969 ....................... £30 £50 SC109a Signatories: Lord Polwarth (Governor); T. W. Walker (Treasurer & General Manager) Prefix A/1 dated 10.8.1970 to prefix B/20 dated 31.8.1971 ....................................................... £25 £40 Replacement note – prefix Z/1 ............................ £50 £80 SC109b Signatories: Lord Clydesmuir (Governor); T. W. Walker (Treasurer & General Manager) Prefix C/1 dated 1.11.1972 to prefix C/27 dated 30.8.1973 ....................................................... £20 £35 Replacement note – prefix Z/1 ............................ £50 £80 SC109c Signatories: Lord Clydesmuir (Governor); A. M. Russell (Treasurer & General Manager) Prefix C/28 dated 28.10.1974 to prefix D/1 dated 3.10.1978 ....................................................... £10 £16 Replacement note – prefix Z/1 and Z/2............. £35 £65 SC109d Signatories: Lord Clydesmuir (Governor); D. B. Pattullo (Treasurer & General Manager) Prefix D/2 dated 15.10.1979 to prefix D/31 dated 4.11.1980.......................................................... £9 £14 Replacement note – prefix Z/2 and Z/3............. £25 £50 SC109e Signatories: Sir T. N. Risk (Governor); D. B. Pattullo (Treasurer & General Manager) Prefix D/32 to prefix D/42 dated 30.7.1981 (with sorting symbols) and ...................................... £8 £12 Prefix D/43 dated 7.10.1983 to prefix E/1 dated 18.11.1986 (without symbols) ...................... £6 £10 Replacement note – prefix Z/3 ............................ £18 £30 SC109f Signatories: Sir T. N. Risk (Governor); P. Burt (Treasurer & General Manager) Prefix E/1 to prefix E/13 dated 19.8.1988............. £4 £7 Replacement note – prefix Z/3 ............................ £18 £30

£75

F

VF

FIVE POUNDS £50

£40

£40

£35 £35 £35

SC111a Signatory: D. MacNeill (Secretary) Prefix 17/B dated 5.5.1894 to prefix 8/F dated 17.10.1911............................................................

SC111b Signatory: P. Macdonald (Secretary) Prefix 9/F dated 18.9.1912 to prefix 2/I dated 3.6.1919 ............................................. from £320 SC111c Signatory: A. J. Rose (Secretary) Prefix 3/I dated 7.10.1920 to prefix 10/L dated 19.5.1931 (approx.) .................................... £280 SC111d Signatories: Lord Elphinstone (Governor) and G. J. Scott (Treasurer) Prefix 11/L dated 26.6.1931 (approx.) to prefix 4/M dated 25.3.1933 ............................ £250 SC111e Signatories: Lord Elphinstone (Governor) and A. W. M. Beveridge (Treasurer) Prefix 5/M dated 17.1.1935 to prefix 8/M dated 23.1.1935 ..................................................... £250

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Rare £600 £500

£450

£450

August 2011

Banknote prices VF SC112a Signatories: Lord Elphinstone (Governor) and A. W. M. Beveridge (Treasurer) Prefix 9/M dated 9.2.1935 to prefix 14/N dated 17.3.1938 ..................................................... £200 SC112bSignatories: Lord Elphinstone (Governor) andJ.Macfarlane (Treasurer) Prefix 15/N dated 24.4.1939 to prefix 4/P dated 16.10.1941 ................................................... £180 SC112c Signatories: Lord Elphinstone (Governor) and J. B. Crawford (Treasurer) Prefix 5/P dated 5.6.1942 to prefix 14/R dated 26.9.1944 ..................................................... £150 SC113 Signatories: Lord Elphinstone (Governor) and J. B. Crawford (Treasurer) Prefix 1/A dated 3.1.1945 to prefix 10/A dated 2.3.1945 ....................................................... £180 SC114 Signatories: Lord Elphinstone (Governor) and J. B. Crawford (Treasurer) Prefix 11/A dated 16.3.1945 to prefix 10/E dated 10.1.1948 ....................................................... £90 SC115a Signatories: Lord Elphinstone (Governor) and J. B. Crawford (Treasurer) Prefix 11/E dated 16.11.1948 to prefix 10/M dated 21.11.1952...................................................... £60 SC115b Signatories: Lord Elphinstone (Governor) and Sir William Watson (Treasurer) Prefix 11/M dated 10.12.1952 to prefix 20/O dated 4.12.1953 ....................................................... £60 SC116a Signatories: Lord Elphinstone (Governor) and Sir William Watson (Treasurer) Prefix 1/A dated 1.3.1955 to prefix 6/D dated 7.4.1955 ......................................................... £50 SC116b Signatories: Sir John Craig (Governor) and Sir William Watson (Treasurer) Prefix 7/D dated 7.4.1955 to prefix 10/G dated 3.9.1955 ......................................................... £50 SC117a Signatories: Sir John Craig (Governor) and Sir William Watson (Treasurer) .............................

Prefix 11/G dated 9.4.1956 to prefix 20/L dated 17.4.1956. ...................................................... £35 SC117b Signatories: Lord Bilsland (Governor) and Sir William Watson (Treasurer) Prefix 1/M dated 1.5.1957 to prefix 20/KA dated 24.5.1960 ....................................................... £30

EF

£400

£350

£300

£300

£170

£110

£110

£90

£90

£70

£60

EF UNC Signatories: Lord Bilsland (Governor) and Sir William Watson (Treasurer) Prefix 1/A dated 14.9.1961 to prefix 20/G dated 22.9.1961 ....................................................... £50 £70 SC119a Signatories: Lord Bilsland (Governor) and Sir William Watson (Treasurer) .............................

Prefix 1/H dated 25.9.1961 to prefix 15/N dated 14.8.1962 ....................................................... £40 £65 Prefix A dated 7.10.1963 to prefix D dated 12.1.1965 ....................................................... £40 £65 SC119b Signatories: Lord Polwarth (Governor) and Sir William Watson (Treasurer) Prefix E dated 7.3.1966 and prefix F dated 8.3.1966 ......................................................... £40 £70 SC118

EF

UNC

SC119c Signatories: Lord Polwarth (Governor) and J. Letham (Treasurer and General Manager) Prefix G dated 1.2.1967 and Prefix H dated 2.2.1967 (without symbols) ........................ £40 £65 Prefix I dated 1.11.1967 (Sorting symbols added to the reverse) .............. £45 £75 SC120 Signatories: Lord Polwarth (Govenor) and J. Letham ...

Treasurer & General Manager) Prefix A dated 1.11.1968 to prefix D dated 9.12.1969 ..................................................... £100 £150 SC121a Signatories: Lord Polwarth (Governor); T. W. Walker (Treasurer & General Manager) Prefix A dated 10.8.1970 to prefix K dated 2.9.1971 SC121b Signatories: Lord Clydesmuir (Governor); T. W. Walker (Treasurer & General Manager) Prefix L dated 4.12.1972 to prefix X dated 5.9.1973 ......................................................... £70 £110 Replacement note—prefix ZA ............................ £100 £160 SC121c Signatories: Lord Clydesmuir (Governor); A. M. Russell (Treasurer & General Manager) Prefix Y and prefix Z dated 4.11.1974, and Prefix AA dated 4.11.1974 to prefix BA dated 19.10.1978 ..................................................... £40 £60 Replacement note—prefix ZA .............................. £50 £70 SC121d Signatories: Lord Clydesmuir (Governor); D. B. Pattullo (Treasurer & General Manager) Prefix BB dated 28.9.1979 to prefix BS dated 28.11.1980...................................................... £35 £55 .

Replacement note—prefix ZA and ZB ................ £45 £60 SC121e Signatories: Sir T. N. Risk (Governor); D. B. Pattullo (Treasurer & General Manager) Prefix BT dated 27.7.1981 to prefix CK dated 25.6.1982 (with sorting symbols) ............. £30 £45 Prefix CL dated 13.10.1983 to prefix DZ dated 29.2.1988 (without symbols) ..................... £25 £35 Replacement note—prefix ZB .............................. £30 £45 SC122a Signatories: Sir T. N. Risk (Governer) and P. Burt (Treasurer & Chief General Manager) Prefix EA to prefix EJ dated 20.6.1990 ................. £22 £35 Replacement note—prefix ZB .............................. £40 £60 SC122b Signatories: D. B. Pattullo (Governor) and P. Burt (Treasurer & Chief General ...Manager) Prefix EK dated 6.11.1991 to prefix FB dated 7.1.1994 ......................................................... £22 £35 Replacement note—prefix ZB .............................. £40 £60 SC123d Signatories: P. Burt (Governor) and G. Mitchell (Treasurer & Managing Director) ...

Prefix BS to CB dated 25.6.2002 ............................. — £15 Replacement note—prefix ZZ .............................. £25 £45 SC123e Signatories: D. Stevenson (Governor) and C. Matthew (Treasurer) Prefix CC dated 1.1.2006 and ongoing. ................. — £12 Replacement note—prefix ZZ .............................. £25 £45 SC124 Signatories: D. Stevenson (Governor) and C. Matthew (Treasurer) Prefix AA dated 17.9.2007 and ongoing ................ — £9 Replacement note—prefix ZZ ................................ — £50

Next month:

Price guide to Bank of Scotland £10 to £100 notes August 2011

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77

LATEST ISSUES By our banknote correspondent, TREVOR WILKIN

CAYMAN ISLANDS

Cayman Islands is an interesting place despite the fact that it is virtually bereft of any naturally occurring industry. Today it is the target of much criticism for its tax haven status. This status is no accident and is, unlike some, relatively recent. It was set up as such some fifty years ago by the British Government to give the colony a viable and enduring industry to minimise the drain on the Exchequer. With a population around 50,000 and an area of some 260sq kms it is home to some 300 banks and a myriad of financial and service institutions.

A new series of $1, $5, $10, $25, $50 and $100 notes, the fourth distinct series of the Cayman Islands being identified by a D/1 prefix, was released on April 6, 2011. Design wise, the changes are a significant departure from the past notwithstanding that some elements are retained. A modernised Queen Elizabeth II retains her place on the front of each note but other front design elements change, whilst the back is totally revamped. Accompanying Her Majesty on the front of the blue $1 are Angel fish, with threatened Hawksbill turtles on the green $5, land crabs on the red $10, shells on the brown $25, sting rays on the purple $50 and a schooner under sail on the orange $100—several of these images featured on earlier issues. Also on the front of each is the colony’s coat of arms and a map naming the major constituent islands—Grand Cayman (where virtually all the action happens), Little Cayman and Cayman Brac.

Fundamentally the same colours are used across the denomination range as before although the use of various hues and the absence of a white border (restricted to the sides in recent issues) makes these notes quite distinctive.

There is always an exception, with the $50 moving from a green and brown to a purple to further remove confusion with the $5 (in 2001 the $50 was a vivid green).

For the first series in 1971 the top value was $25 and later in the decade the $40, $50 and $100 were added. I am not sure why a $40 was selected, perhaps it had some exchange rate relationship at the time, however it was dropped in 1991. It is perhaps significant that it was issued under a currency board regime of which fixed exchange rates tend to be a salient feature. Similarly the $25 is a value which is seldom seen these days but it retains its place in the new series.

Fauna, flora or geographic features appear on the backs.

For the $1 the rocky bluffs of Cayman Brac are depicted; a pair of indigenous parrots are on the $5; Wild Banana orchids are shown on the $10; the Hawksbill turtle makes another appearance on the back of the $25; a sting ray on the back of the $50 complements those on the front and a view of the capital George Town with all its banks on Grand Cayman is on the $100.

In keeping with most new issues, security on these notes is quite advanced. Despite its small population, the Caymans is not immune to counterfeiting and CIMA issues warnings on a regular basis. Traditionally the turtle has been the watermark and nothing changes with this issue; it is joined by an electrotype of “CIMA” in the watermark panel whose positioning is different for the three higher denominations than for the three lower.

An interrupted security thread carrying the initials “CIMA” are found in the $1, $5 and $10 whereas a broader, more sophisticated thread is used for the higher values. This is irregularly shaped, which seems to be a new style, metallic, holographic and features the coat of arms and the denomination numeral and is complemented by a traditional embedded thread. Security on the three lower values is augmented by an iridescent vertical strip on the front—most issues using this feature so far have it on the back.

A perfect registration is found at the front left of each note formed by the subsidiary design feature for each. For example on the $1 it as an Angel fish and on the $25 a shell. Heavily patterned areas at the front right of each value (forming both a circle and a rectangular like block) contain the denomination numeral which becomes evident when the note is tilted to the light. Cornerstone features are present in each value.

Notes are signed by CIMA Managing Director, Cindy Scotland and the Minister of Finance who I understand is McKeeva Bush. There is a change of title for the latter signatory following constitutional revisions in 2009 with the Financial Secretary ceasing to have signing powers. Notes are printed by De La Rue and each one carries its imprint as well as a CIMA copyright statement.

Trevor Wilkin can be contacted at: PO Box 182 | Cammeray | NSW 2062 | Australia | Telephone/Fax ++61-2-9438-5040.

Email: trevorsnotes@bigpond.com | website www.polymernotes.com

78

Coin news

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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.

Rather fanciful

Dear Editor In the article about the Bibliotheque National de France (COIN NEWS, July 2011, p. 51, top right illustration)â&#x20AC;&#x201D;Oh Dear! The caption reads: â&#x20AC;&#x153;A nicely struck Roman coin showing both sides of Julius Caesarâ&#x20AC;&#x2122;s faceâ&#x20AC;?â&#x20AC;&#x201D;oh no itâ&#x20AC;&#x2122;s not!

It is actually the obverse of a bronze coin of Colonia Nemausus (modern Nimes), showing the back to back heads of Octavian (later Augustus) and Marcus Vipsanius Agrippa, admiral of Octavianâ&#x20AC;&#x2122;s ďŹ&#x201A;eet that defeated Antony and Cleopatra at the naval battle of Actium in 31 BC. The reverse design alludes to Octavianâ&#x20AC;&#x2122;s conquest of Egypt, by this battle, in having an image of a crocodile chained to a palm tree.

Subsequently, veterans of the battle were settled at Colonia Nemausus and this was their local coinage alluding to their service.

Several centuries later, with the French invasion of Egypt in 1798, the Baron Vivant Denon copied the Nemausus reverse type on a commemorative bronze medallion to ďŹ&#x201A;atter Napoleon, who rather fancied himself as a second Augustus, and the obverse type was a fanciful pharaohâ&#x20AC;&#x2122;s head.

Peter A. Clayton

Fair chance

Dear Editor With reference to the Editorâ&#x20AC;&#x2122;s â&#x20AC;&#x153;Commentâ&#x20AC;? last month, I ďŹ nd that the trouble with coin fairs is that theyâ&#x20AC;&#x2122;re never nearby. Also, if youâ&#x20AC;&#x2122;re a specialist collector, there arenâ&#x20AC;&#x2122;t likely to be many dealers there who have material of interest. Itâ&#x20AC;&#x2122;s a bit like the advertisements in COIN NEWSâ&#x20AC;&#x201D; frequently nothing of signiďŹ cant interest to me is advertised. However, if a fair was held near to me Iâ&#x20AC;&#x2122;d almost certainly go, just to feel the atmosphere, talk to dealers and have a good look at the different types of material on offer. I would be both surprised and delighted if a dealer had anything of interest to me. Fairs are probably excellent for the general eclectic collector but for specialist collectors they often donâ&#x20AC;&#x2122;t offer much.

For example (although not relevant to me), if you collect Celtic coins thereâ&#x20AC;&#x2122;s no Chris Rudd in attendance at the York Coin and Stamp Fair (a major Fair) and he is probably the major dealer in this series. I think that advanced, sophisticated collectors will ďŹ nd little to interest them at a coin fair, unless they have a general collection, although theyâ&#x20AC;&#x2122;re great for attracting beginners and youngsters.

John Nicholas Cross Dealers/fair organisers any comments?â&#x20AC;&#x201D;ED.

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The real thing?

Dear Editor Please ďŹ nd attached a photograph of a coin in my possession. I have had this coin for more than 20 years. It is 21mm in diameter. It is dated 1892 and says â&#x20AC;&#x153;IMPERIVM AVSTRIACVMâ&#x20AC;? on one side and â&#x20AC;&#x153;FRANCISCVS IOSWPHVS I D G IMPERATOR ET REXâ&#x20AC;? on the other side.

It weighs approx 6.5g.

I would appreciate your thoughts and advice on whether it is genuine.

This piece dated 1892 is a restrike of an Austrian 8 florins or 20 francs. It would have been struck sometime in the 1920s and would today be of bullion value only.â&#x20AC;&#x201D;ED.

If you have a coin that is bafďŹ&#x201A;ing you send us an image and we will do our best to identify it.

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Coin news

SPECIALIST INSURANCE

Keep your collectables covered Call us today

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

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August 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 charge—a nominal charge of £5 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. List No. 266—Coins and antiquities.

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

ARGHANS, Unit 9, Callington 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 B oddington, Daventry, Northants NN11 6DR. World Banknotes.

JAMES & C. BRETT, 17 Dale Road, Lewes, Sussex BN7 1 LH UK. Yellow list 11—26pp of world coins.

STEVE BURKINSHAW, 19 Oak Lodge Road, High Green, Sheffield S35 4QA. Hammered and milled .

CAMBRIDGESHIRE COINS, 355 Newmarket Road, Cambridge CB5 8JG. Coins and accessories.

NIGEL CLARK, 28 Ulundi Road, Blackheath, London SE3 7UG. List of 17th c. tokens.

COINCRAFT, 45 Great Russell Street, London WC1B 3JL. “The Phoenix”. Large newspaperstyle list of coins, banknotes, books, etc.

COINS HISTORIC, PO Box 5043, Lower Quinton, Stratford upon Avon CV37 8WH. Email: sales@ coinshistoric.co.uk. Catalogue No. 1 of ancient coins available.

CO L I N CO O K E , P O B o x 602, Altrincham, WA14 5UN. Hammered/milled coinage.

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

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

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

August 2011

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

DEI GRATIA, PO Box 3568, Buckingham, Bucks MK18 4ZS. Coins and antiquities.

CLIVE DENNETT, 66 Benedicts Street, Norwich NR2 4AR. Shop open 9.30am to 4.30pm. Closed Thurs & Sun. List of banknotes.

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

JEAN ELSEN, Avenue de Tervueren, 65, Brussels, 1040 Belgium. List 256—ancient, medieval, modern and oriental coins.

GK COINS LTD, 17 Hanover Square, London, W1S 1HU. List No. 5. List of British and world coins.

GALATA, The Old White Lion, Market Street, Llanfyllin, Powys SY22 5BX. 130 pp of books.

B. GOULBORN, PO Box 122, Rhyl LL18 3XR. Lists of English coins and notes.

IAN GRADON, PO Box 359, Durham DH7 6WZ. Internet list—world paper money.

ANTHONY HALSE, PO Box 1856, Newport, S. Wales NP18 2WA. Summer List—12 pp of English, foreign coins and tokens.

MUNTHANDEL.G.HENZEN, Po s t b u s 4 2 , N L- 3 9 5 8 Z T Amerongen. Tel: +31 (0) 343430564. Email: info@henzen.org.

List 225, world coins. List 216, Dutch coins.

ALVIN HOUSE, 4 Carpenters’ Terrace, Martock, Somerset, TA12 6HF. British coins.

IRISH BANKNOTES, PO Box 99, Kells, Co. Meath, Ireland. 16 Page list containing Irish banknotes. www.irishpapermoney.com.

R. INGRAM, 206 Honeysuckle Road, Bassett SO16 3BU. List 90: Hammered, milled, modern.

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

www.tokenpublishing.com

K. B. COINS, 50 Lingfield Road, Martins Wood, Stevenage, Herts SG1 5SL. 105 pp of English coins.

K & M COINS PO Box 3662, Wolverhampton WV10 6ZW, or 07971 950246. British and World coins and tokens. Please email: for details: mickbagguley@ hotmail.co.uk.

KLEEFORD COINS, 42b Shop Lane, Nether Heage, Belper, Derbyshire DE56 2AR. List available, email: kleeford@ btinternet.com.

F R I T Z R U D O L F Kü N K E R , M ü n z e n h a n d l u n g Gutenbergstrasse 23, 49076 Osnabrück. List No. 195. World coins, ancient to modern.

LIGHTHOUSE (Duncannon Partnership), 4 Beaufort Road, Reigate, Surrey RH2 9DJ. 24pp catalogue of coin accessories.

LINDNER, 3a Hayle Industrial Park, Hayle, TR27 5JR. 60pp. catalogue of accessories.

MANNIN COLLEC TIONS LIMITED, 5 Castle Street, Peel, Isle of Man IM5 1AN. September colour list of Isle of Man banknotes.

GIUSEPPE MICELI, 204 Bants Lane, Duston, Northampton NN5 6AH. British/foreign coins.

TIMOTHY MILLETT LTD. PO Box 20851, London SE22 0YN. www. historicmedals.com. Historical medals (£10, refundable on purchase).

PETER MORRIS, PO Box 223, Bromley BR1 4EQ. List No. 12 Banknotes; No. 8 Foreign coins, world coins, books; No. 56 British coins; No. 37 medals.

COLIN NARBETH & SON LTD, 20 Cecil Court, Leicester Square, London, WC2N 4HE. 28pp list of world banknotes available.

NOTABILITY BANKNOTES, Email: info@notabilitybanknotes.com. List of 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 18—Cheques, banknotes, banking memorabilia.

PETERCOINS, PO Box 46743, London SW17 0YF. Regular lists of low cost British Coins.

MARK RASMUSSEN, PO Box 42, Betchworth RH3 7YR. List 21—English/world coins.

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

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

CHRIS RUDD, PO Box 222, Aylsham NR11 6TY. 16pp of Celtic coins. Liz’s List No. 53— Celtic coins—all under £200.

SALTFORD COINS, Harcourt, Bath Road, Saltford BS31 3DQ..

6 lists per year of coins, tokens & medallions. Postal only.

STUDIO COINS, 16 Kilham Lane, Winchester, Hampshire S022 5PT. Numismatic list no 84.

THE COLLECTOR’S BAY, 18 Ross Road, Wallington, Surrey SM6 8QB Tel: 0775 925 3127.

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 21—8pp of British Coins.

PAM WEST, PO Box 257, Sutton, Surrey SM3 9WW. 20pp list Irish notes.

JOHN WHITMORE, Teynham Lodge, Chase Road, Upper Colwall, Malvern, Worcs WR13 6DJ. Coins, tokens, etc.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. YA P P , P O B o x 4 7 1 8 , Shrewsbury Mail Centre SY1 9EA. 11pp list of banknotes of the world.

Coin news

81

FAIRS/EVENTS

Diary dates DATE

VENUE

CONTACT

August (every Saturday) Aug 3

Charing Cross Market— Coins, Stamps and Collectables Coin and Collectables Fair

1 Embankment Place, London (opposite Embankment Tube Station)

( 01483 281 771

Stowmarket Football Club, Bury Road, Stowmarket

Aug 7

Aug 10

Collectors Fair Wolverhampton Coin Fair South Coast Coin & Medal Show Coins and Collectables Fair

Westlands Leisure Complex, Westbourne Close, Yeovil Social Club, Church Road, Bradmoor, Wolverhampton The Pavilion, Southampton University, Wide Lane Sports Grounds, Eastleigh, Hants Stanway Football Club, New Farm Road, Colchester

CLICKCOLLECT ( 01485 578118 (David James) ( 01749 813324 ( 07971 950246 ( 07890 764452 (Rick Coleman)

Aug 13

Coin & Collectables Fair

Aug 15 Aug 16–20

Midland Coin Fair ANA World’s Fair of Money

Aug 20

Little Clacton Coin & Stamp Fair Wakefield Coin, Medal & Banknote Fair Collectors Fair

Large Parish Hall, De La Warr Road, East Grinstead National Motorcycle Museum, Bickenhill, Birmingham Donal E. Stephens Convention Centre, Hall F, 5555 N. River Rd, Rosemont, USA Youth & Community Centre, Parish Fields, Plough Corner, Harwich Road, Clacton Cedar Court Hotel, Denby Dale Road, Calder Grove, Wakefield The Cedars Hotel, Barnstaple

Aug 28

AUCTIONS

EVENT

DATE

AUCTION

CLICKCOLLECT ( 01485 578118 (David James) ( 01342 326317 ( 01694 731781 (Mike Veissid) :www.worldsfairofmoney.com ( 01255 862087 ( 01522 644681 (Eddie Smith) ( 01805 622794

LOCATION

CONTACT

Aug 7

83rd Numismatic Auction

Wakefield

B. FRANK & SON ( 0191 413749 :www.b-frank-and-son.co.uk

Aug 16–20

Auctions held in conjunction with the ANA World’s Fair of Money

Chicago

STACKS, BOWERS AND MERENA www.stacksbowers.com

Aug 17

British and Foreign Coins and Banknotes

Warwick

WARWICK & WARWICK (01926 499031 :www.warwickandwarwick.com

Aug 18

General coin sale—ancient to modern

Penrith

PENRITH FARMER’S & KIDD’S PLC (01768 890781 :www.pfkauctions.co.uk

Aug 22–24

Hong Kong Auction

Hong Kong

STACKS, BOWERS AND MERENA www.stacksbowers.com

Aug 24

Coin , banknotes, collectables

Leominster

BSA AUCTIONS ( 01568 610620 :www.birmauctions.co.uk

Coins, Banknotes, Medals and Militaria etc.

Stockport

A. F. BROCK ( 0161 456 5050 :www.afbrock.co.uk

Aug 25

Hong Kong Coin Auction 51: Far Eastern coins, World Coins, Medals and Banknotes

Hong Kong

BALDWINS (020 7930 9808 :www.baldwin.co.uk

Aug 28

Specialist Coin Auction

Watford

HERTFORDSHIRE COINS IN ASSOCIATION WITH BUSHEY AUCTIONS ( 01923 777543 :www.busheyauctions.com

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

FURTHER INFORMATION—as details can change after we have gone to press, please check times etc. with organisers before setting off on your journey.

Our April 12th auction had over 60 people in the room, with strong support from the postal bidders.

Most however managed to acquire at least some of their “wants”.

We wish you a great summer, see you September 13th.

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

www.croydoncoinauctions.co.uk

E-mail: graeme@croydoncoinauctions.co.uk 82

Coin News

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August 2011

WAKEFIELD FAIR COINS, MEDALS, BANKNOTES AND MILITARIA 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

August 28th September 25th 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

% 6 $ $8&7,216 every

NEXT AUCTION: 24th August, 2011 at

weeks

Units 17-18, Station Yard South, Worcester Road, Leominster, HR6 8TN Viewing from midday, sale starts 3pm.

Advance viewing by appointment. Postal and internet bidders welcome. Free catalogues.

Coin vendors no commission just ÂŁ2 selling fee per sold lot. (limited time offer) Buyers premium 10% For catalogue and bidding information go to:

www.birmauctions.co.uk email barry@birmauctions.co.uk tel.

01568 610620 mob. 07941 287692

August 2011

www.tokenpublishing.com

5L^

:V\[O *VHZ[

*VPU 4LKHS :OV^ (YHU\ Âż UVW 6XQGD\ RI WKH 0RQWK WKURXJK )XWXUH VKRZV $XJXVW WK 6HSWHPEHU WK 2FWREHU QG 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.

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

Coin News

83

SOCIETIES

Diary dates DATE

VENUE

SUBJECT/EVENT

Aug 1

Please call for venue details

Exhibition Night

Aug 2

Please call for details

Summer Social Eventâ&#x20AC;&#x201D;Visit to the British Museum Buy, sell, swap and chat

Aug 4

Aug 9 Aug 10 Aug 11

Aug 15

Aug 17 Aug 18

Aug 25 Aug 26

CONTACT South Wales & Monmouthshire NS ( 02920 561564

Reading Coin Club ( 01753 516390 : www.readingcoinclub.co.uk Fairkytes Arts Centre, Billet Lane, HAVERING NS Hornchurch ( 07910 124549 The Eagle & Child, Maltkiln Lane, Numismatic Discussion Evening ORMSKIRK & WEST LANCS NS Bispham Green, Ormskirk ( 01704 531266 LOUGHBOROUGH COIN & SEARCH Wallace Humphrey Room, Shelthorpe â&#x20AC;&#x153;Leics and Notts 17th Century Community Centre, Loughborough Token Coinageâ&#x20AC;? by Chris Grainger SOCIETY ( 01509 261352 : www.norwichcoinandmedalsociety.co.uk Crewe Memorial Hall, Church Lane, â&#x20AC;&#x153;Travels in North Africaâ&#x20AC;? by Crewe & District Coin & Medal Wistaston, Crewe David Lacey Society ( 01270 569836 RAF Assoc. Eric Nelson House, Society Meeting TYNESIDE NS ( 01661 825824 16 Bewick Road, Gateshead : www.tynesidecoinclub.info Fry Social Club, Keynsham â&#x20AC;&#x153;The Roman Villa at Fryâ&#x20AC;&#x2122;s Bath and Bristol NS Keynshamâ&#x20AC;? by Rosie Clarke ( 07793 905035 Please call for venue details Monthly Meeting Bedfordshire NS ( 01234 870645 The Raven Inn, Poulshot, near Devizes, â&#x20AC;&#x153;Numismatic and Historical Quizâ&#x20AC;? Wiltshire NS Wiltshire

by Richard Jeffery ( 01380 828453 The White Horse, Trowse â&#x20AC;&#x153;Love Tokensâ&#x20AC;?â&#x20AC;&#x201D;talk by Member NORWICH COINS & MEDALS SOCIETY ( 01603 617127 : www.norwichcoinandmedalsociety.co.uk The St James Centre, Stadium Way, Society Talk: â&#x20AC;&#x153;Favourite Coinsâ&#x20AC;?

Devon & Exeter NS Pinhoe, Exeter ( 01395 5688830 Small Hall, Surbiton Library, Ewell â&#x20AC;&#x153;Bridges on Coinsâ&#x20AC;? by Norman Kingston NS Road, Surbiton Clarkson ( 020 8397 6944 St Paulâ&#x20AC;&#x2122;s Centre, Chapel Road, Worthing â&#x20AC;&#x153;Evolution of British Coinageâ&#x20AC;&#x201D; Worthing & District NS Part twoâ&#x20AC;? by David Powell ( 01634 260114 Room 301, Sylvia Young Theatre School, â&#x20AC;&#x153;Printersâ&#x20AC;&#x2122; Stylesâ&#x20AC;? by IBNS (London Branch) 1 Nutford Place, London Prof I. Stevenson ( 020 8641 3224 Chelmsford Museum, Moulsham Street, Short Talks by Members Essex NS ( 01277 656627 Chelmsford

SECRETARIESâ&#x20AC;&#x201D;Please send details of your meetings to Token Publishing Ltd, Orchard House, Duchy Road, Heathpark, Honiton EX14 1YD or email to: abbey@tokenpublishing.com giving at least two monthsâ&#x20AC;&#x2122; notice

./(()25' &2,1 $8&7,216

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Open EVERY Saturday at 1 Embankment Place, London Opposite Embankment Tube Station.

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84

Coin News

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

August 2011

BLOOMSBURY

COIN FAIR BLOOMSBURY HOTEL 16-22 Great Russell Street London WC1 3NN

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

September 3rd 2011 (9.30 am - 2.00 pm)

NEXT FAIR: DECEMBER 3RD 2011

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Enquiries: Tel: 01694 731781

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 £2 Running continuously for over 25 years!!

August 14th December 11th

All enquiries to Mike Veissid

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

www.coinfairs.co.uk August 2011

www.tokenpublishing.com

Coin News

85

Semi-display advertising Raise the profile of your business with an entry in this section— generous discounts available (see page 91 for details)

COINS

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

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

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

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

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

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

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

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

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

– VALDA COINS – 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

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

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

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

Tel: 01404 44166

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

86

Coin news

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August 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

World banknotes – sensible prices

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

MATT HOOD MEMORIAL COIN AUCTION Postal auction with monthly catalogues

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

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

IAN GRADON WORLD NOTES Banknotes bought and sold. Bulk lots, collections and single items wanted.

Coins Wanted

UNIVERSAL CURRENCY COIN EXCHANGE

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

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

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

Ye Olde Banknote Shoppe

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

View our current catalogue online at

www.oldbanknoteshop.co.uk

Contact email: jim@oldbanknoteshop.co.uk

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

A list of forthcoming auctions can be found on page 82 Medallions

CHARLES RILEY COINS & MEDALS

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

www.charlesriley.co.uk

Coin Shops 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.

An invitation to view our website

www.pdmedallions.co.uk

info@cambridgeshirecoins.com

01223 503073

• • • •

We buy single or collections of medals.

Banknotes

TIMOTHY MILLETT LTD

British Notes

catalogue of historical medals now available

Buying/Selling

To receive your copy please send £15 (Refundable on purchase) to:

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 August 2011

Buy historical medals on line.

British, European, World medals available.

Browse through our current stock.

Regular up-dating of items for sale.

www.tokenpublishing.com

s lat end est fo lis r t

PO Box 20851, London SE22 OYN Tel: 020 8693 1111 Fax: 020 8299 3733 Email: tim@historicmedals.com NEW WEBSITE: www.historicmedals.com

Advertise on this page from as little as £10 per issue Call Celia on o1404 44167, or email: celia@tokenpublishing.com Coin news

87

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 Hammered to Milled: English, Irish & Scottish Catering for beginners right through to serious collectors Established February 2001. Fresh additions EVERY Tuesday 3,000+ ITEMS FOR SALE (all with obverse & reverse images) ,VOH RI 0DQ *() Q81& 6LOYHU 3URRI +DOISHQQ\ -DPHV 6WDQOH\¶V LVVXH 7KH UDUHU ³)URVWHG &DS´ YDULHW\ /LVWHG DW

Mention this advert and buy the coin for £825. 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.danielfearon.com

British and World Historical Medals and Medallions, Art Medals and all related pieces.

Changing stock listed for sale

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 certified 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

Simple to use. Screen sized photographs of each piece. Mainly 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 All coins pictured on the website Secure on-line payment

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

88

Coin news

www.tokenpublishing.com

August 2011

Web directory Books www.douglassaville.com

www.wrightcoins.com

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

01398 323211

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

Visit us and have a look around

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

www.clickcollect-coins.co.uk

www.scccollectables.com

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

www.downies.com

www.weightoncoin.co.uk

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

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

www.buybullioncoins.com

www.yorkcoins.com

Gold sovereigns—£225 Tel: Paul on 07779 461929

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

www.spink.com

www.gbgoldcoins.com

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

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

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

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

Website updated twice weekly

Auctions

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

www.croydoncoinauctions.co.uk Bi-monthly sales of English, Foreign and Ancient Coins, Medallions, Tokens and Banknotes.

See our website for free on-line catalogue.

Antiquities

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

www.cambridgeshirecoins.com Coins Wanted 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

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

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

www.petercoins.com Your local coin shop on the net!

www.petercoins.com

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

www.gkcoins.com Dealers in UK and World Milled Gold and Silver Banknotes

Simon Chester Coins.com

www.David-yapp.com

www.simonchestercoins.com

www.David-yapp.com

Dealing in British Milled Coins

August 2011

www.tokenpublishing.com

Accessories

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

Tel: 01424 436682.

Email: orders@coincabinets.com

A wide range of Numismatic accessories are available online from

www.tokenpublishing.com Miscellaneous

British and World Banknotes

Coin news

89

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—em * ail: 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) W W W C O I N S O N A B U D G E T. 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 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) ROMAN, CELTIC, ENGLISH HAMMERED AND BRITISH COINS BEFORE 1895 for sale and wanted—ring anytime or write for mail order sales catalogue, or visit our stall at antiques fairs in the South.

Ancient & Gothic, PO Box 5390, Bournemouth, BH7 6XR. Telephone:a 01202 431721. Est. 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). Tel: 01280 848000. Email: daves@dgcoins. freeserve.co.uk. Go to website at: w w w. d g c o i n s . f re e s e r v e . c o . u k. k (08/11/06T) MERLINS OF GODALMING, Bridge Street, Godalming, Surrey.

Celtic, Roman, hammered, milled.

01483 426155. Sorry no lists.

(05/12/12T)

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ELIZABETH II Royal Mint proof sets 1971–2005. Offers. Telephone: 01234 306580 (Bedford). (12/12) PETERCOINS—your local coin shop on the net! Selling a wide range of British coins. 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.

Ex. 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) COLLECTOR SURPLUS, South Africa, mostly crowns, Irish mixed, Gibraltar Crowns etc. Tel: 01526 860971. (10/11)

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) SPANISH COINS IN GOLD AND SILVER, especially “COBS”.

(Portuguese and Dutch coins also wanted). Please contact: Beachcomber Trading Company (BTC) PO Box 8, Newport, Isle of Wight, P030 5JW. Tel: 01983-740712, or fax: 01983 740800. (04/12/12T)

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. Please contact Charles. Telephone: 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 Pre-1965 £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 OF BRITISH or foreign coins, banknotes. Please send to to Dogs for the Disabled, The Frances Hay Centre, Blacklocks Hill, Banbury, Oxen OX17 2BS. Charity No: 1092960 (05/12/12C) £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) 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)

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) 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. (01/12/06A) 10TH OR 20TH GOLD ANGEL. Tel 01359 250012. (10/11)

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 www.notability-banknotes.com email: info@notability-banknotes. com. (09/11/06A) 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) T Y N E S I D E N U M I S M AT I C 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) OLYMPIC GAMES MEMORABILIA WANTED. Medals, diplomas, badges, pins, programmes, tickets, posters, souvenirs etc. Please send details by post to: Strom, Drottninggatan 90A, 111 36 Stockholm, Sweden, Tel/Fax: +46 8 600 3452. (05/11) TO ADVERTISE on this page, simply complete the form on page 91, or email: celia@tokenpublishing. com.

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August 2011

Directory section Advertisers Index ABC Coins and Tokens.................................... 56 A. F. Brock............................................................. 21 Airedale................................................................ 43 Argentum............................................................ 58 ATS Bullion Ltd................................................... 54 Allgold Coins ..................................................... 38 Baldwins Auctions........................................3, 30 R. P. & P. J. Beckett............................................. 58 Birchin Lane Gold Coin Company..............44 Bloomsbury Coin Fair...................................... 85 Yves Blot............................................................... 56 BNTA.........................................................................6 Bonhams.............................................................IBC Barry Boswell...................................................... 70 B. S. A. Auctions................................................. 83 Bushey Auctions............................................... 51 Buy Bullion Coins.............................................. 58 Cambridge Coins & Jewellery...................... 38 Cambridgeshire Coins....................................44 Cathedral Court Medals................................. 50 The Celator.......................................................... 68 Chards................................................................... 23 Charing Cross Market...................................... 84

CNG........................................................................ 50 Coincraft..........................................IFC, 17, 37, 75 Colin Cooke............................................................5 Collector’s World..............................................44 Croydon Coin Auctions.................................. 82 Paul Davies Ltd.................................................. 14 Paul Davis Birmingham Ltd........................... 50 Clive Dennett..................................................... 75 Dorset Coins....................................................... 57 Roger Dudley..................................................... 51 The Duncannon Partnership........................44 Educational Coin Company.......................... 75 Christopher Eimer.............................................11 Format................................................................... 21 B. Frank & Son..................................................... 37 GB Gold Coins.................................................... 40 Goulborn.................................................................8 Ian Gradon........................................................... 70 A. D. Hamilton.................................................... 80 History in coins.................................................. 88 IAPN.........................................................................12 R. Ingram Coins........................................... 52, 53 Richard Jeffery................................................... 57

K. B. Coins............................................................. 40 Kate’s Paper Money......................................... 70 Kleeford Coins.................................................... 84 Knightsbridge Coins........................................ 59 Lindner.................................................................. 40 The London Coin Company................... 18, 88 The London Coin Fair...................................... 85 M. A. Shops.......................................................... 54 M & H Coins......................................................... 32 Midland Coin Fair.............................................. 85 Morton & Eden................................................... 31 Peter Morris......................................................... 47 John Mowbray International....................... 37 Colin Narbeth & Son Ltd................................ 70 NGC...........................................................................9 Notability............................................................. 75 Numismata.......................................................... 83 Numismatica Ars Classica.............................. 48 Orpington Coins & Medals............................ 43 PF&K....................................................................... 32 David Pratchett.................................................. 51 Mark Rasmussen............................................... 21 Roderick Richardson....................................... 38

Royal Mint................................................. 25, OBC Chris Rudd..............................................................2 Saltford Coins..................................................... 63 Douglas Saville ................................................. 57 Silbury Coins....................................................... 36 South Coast Coin & Medal Show................ 83 Stack’s, Bowers & Ponterio............................ 54 Stamp & Coin Mart........................................... 68 St James’s Auctions....................................13, 15 Token Publishing Ltd....................................... 60 Treasure Hunting.............................................. 68 Michael Trenerry Ltd....................................... 47 Turner Evans Stevens...................................... 32 Wakefield Fair..................................................... 83 Warwick & Warwick......................................4, 19 Weighton Coin Wonders............................... 54 West Essex Coin Investments...................... 79 Westminster Auctions.......................................7 Tim Wilkes............................................................ 43 Trevor Wilkin....................................................... 75 York Coins............................................................ 51

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