Welcome back to Something About Coins! World coin history is the theme of today's coin news. First, the U.S. government is considering proof versions of the popular American Silver Eagle, and the second article describes a new symbol for the Indian Rupee. Near the bottom of the rupee article is a summary of the country's coin history. The history of Chinese coinage is next, and then lighter topics such as shipwrecked British pennies, a recent Canadian coin show and some coin auction news follow.
2010 Proof Silver Eagles Possible, Congressional Hearing Reveals, CoinNews.net
"The State of U.S. Coins and Currency" was discussed today by the House Subcommittee on Domestic Monetary Policy and Technology. And topmost interest for collectors, the hearing revealed the possibility of amending law to approve the minting of 2010 American Eagle Silver Proof and Uncirculated Coins at the the expense or producing fewer bullion versions. Led by Chairman Melvin L. Watt, representative from North Carolina, and ranking ... Click for coin article
From Rs to Ra, Indian rupee gets a new image, CommodityOnline.com
July 15, 2010 turned out to be a historic day, as the Indian Rupee got the much awaited symbol, just like other leading currencies of the world viz – Dollar, Euro, Pound Sterling and the Yen. The new symbol is an amalgamation of Devanagari –'Ra' and the Roman 'R' without the stem. Till now, the rupee was written in various abbreviated forms in different languages. The new symbol designed by IIT Bombay post-graduate Shri D.Udaya Kumar, was approved by ... Click for coin article
Understanding the Real Chinese Currency and Currency Based Funds, SeekingAlpha.com
Before discussing the currency of modern day China and its derivatives and currency dealings, it is important to delve into this nation's glorious past and understand the root pattern of its currency and finances. China has had a long historical association with monetary development and money printing. It was after all the first civilization to use paper money. It’s said that in the ancient Song Dynasty in China, emperors themselves painted characters on the coins ... Click for coin article
History beneath the waves, DelawareOnline.com
Delaware coast is a graveyard for sailing ships of old ... Now is a good time to keep your eye on this stretch of sand, she says. It's hurricane season, when a big storm can stir up the ocean floor and bring a bit of treasure to shore. Sometimes shoe buckles and buttons have come ashore, along with the coins. There is also an opportunity to learn about the sunken ship off Coin Beach that's gradually giving up its 400 barrels of British pennies and half-pennies ... Click for coin article
Convention showed there's more than meets the eye to coin collecting, TelegraphJournal.CanadaEast.com
There is more to the draw of coin collecting than what meets the eye. It's the history and the story that various coins and bank notes tell and the different designs and artwork they incorporate that make collecting intriguing, said Michael Findlay. "It's just investigating how these banks came to be formed or why they issued coins and stopped issuing coins, and the wars that caused emergency issues," he said. Findlay, who lives in Toronto, was one of about ... Click for coin article
Eadbald Thrymsa Brings $45,000, NumisMaster.com
The item was a tiny 1.28 gram gold thrymsa or shilling struck c. 620-635 in Kent in the name of King Eadbald. The coin is of major historical importance in being an example of the first English coin to show the name of a king. In the circumstances, it is not surprising that it fetched £30,000 ($44,792) on a pre-sale estimate of £6,000-£8,000 [$8,959-$11,945]. The fact that it was a superb example no doubt helped the final price. The coin is the seventh known of this type, all struck at the London Mint. The first came from the Crondall hoard ... Click for coin article
Resist the pull of The 99 Club, News.AsiaOne.com
In an affluent nation such as Singapore, many of us cannot help but get sucked into trying to keep up with the Joneses, with much of our waking time spent striving for material fulfillment. This mentality reminds me of a story sent to me recently by a colleague. Once upon a time, there lived a king who, despite his opulent lifestyle, was unhappy and discontented. He could not understand why a particular servant in his court always smiled and sang as he worked. He was jealous that the lowly servant had so much joy in him, while he, the supreme ... Click for coin article
Scotsman sale set, NumismaticNews.net
Classic collector coins including a 1797 half dime with 15 stars graded MS-62 by Numismatic Guaranty Corp. will be among the highlights of Scotsman's Midwest Summer Sale to be conducted July 23 at the St. Charles, Mo., Convention Center. With an estimate of $16,500-$17,500, the coin is described by the cataloger as "brighter than it should be after two centuries." Of the assigned MS-62 grade, the cataloger writes: that it "seems to be a compromise between sensible judgment of preservation and cabinet friction on the eagle's breast." Another ... Click for coin article
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