Royal Wedding gold kilo coin

The Royal Mint has been releasing a Royal Wedding gold kilo coin a day before the Royal Wedding ceremony on 29 April 2011. The 22 carat gold kilo coins, featuring a traditional portrait of Prince William and Miss Catherine Middleton, have been struck at its site in Llantrisant, South Wales. Each kilo coin is 10 centimetres in diameter, nearly four and a half times the size of a standard £1 coin. Produced individually and finished by hand, the Alderney coins have a face value of £1,000, which is five hundred times greater than the highest value coin in circulation – the £2 coin. The coin selling for £40,000, making them amongst the most expensive, rare and exclusive items to commemorate the Royal Wedding.

In addition, 200 pure silver kilo coins have also been produced. With a face value of £50 and selling for £1,650, the silver kilos also have a diameter of 10 centimetres. With such limited numbers of each being produced, they are destined to be added to the collections of royal enthusiasts around the world, by those looking to commemorate the special day with a genuinely remarkable souvenir.


Gordon Summers, the Royal Mint engraver behind the design said: “It’s a huge honour to be the designer of a coin commemorating the Royal Wedding, especially a limited edition kilo. I wanted to capture the couple in a formal portrait, seen side by side, with William in the foreground of the design. Because of the coin’s dimensions, I had the freedom to create an intricate backdrop. Portraying Westminster Abbey’s famous Rose window, the magnificent venue for the big day, was an instinctive choice.”

Kevin Clancy, Director of the Royal Mint Museum said: “A kilo coin is extremely rare and unlike any other coin created by the Royal Mint due to its size and weight, which are governed by law. Only very special events are therefore commemorated with a coin of this size.”


Each coin contains one full kilogram of gold (35.27 ounces) but weighs a total of 1096g because although the coin needs other metals to complete the alloy. Each silver coin contains a full kilogram of silver and weighs 1000g as it contains just silver. The kilo coins are issued by Alderney and are legal tender only on that island.

The kilos will be available on a first come, first served basis, from the Royal Mint website. To see the full range of wedding products go to www.royalmint.com/royalwedding

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Sell your 20 pence for £100?

Any of you remember about the rare undated 20 pence? How much do you think the market price of this coin today? A company founded in 2006 and based in London, London Mint Office is offering a buy price of £100 for your 20 pence coin. You need to register at their website to get this offer and they will sent details on how to identify the undated 20 pence coin after your registration. There is a maximum of one registration per household, a further 10,000 places are now available but these will not last long. It also includes other materials including a money-off voucher, which all registrants are entitled to regardless of whether or not you find an undated 20p. You are under no obligation to sell the coin should you find one, but once you are registered, you have the option of accepting The London Mint’s £100 buy price.

In 2008, this undated 20p coins has caused a great deal of excitement among coin collectors because the Royal Mint, in Llantrisant, South Wales, is normally so careful about the manufacture and release of coins into circulation. The Royal Mint's usually impeccable quality control somehow slipped up and the so-called 'mule' escaped into circulation. Many sellers in eBay are offering their coins at prices of up £20,000. The NEW reverse side (tails) and the OLD Queen's portrait side have been put onto the same coin. The old heads side has NO DATE and this has been matched to the new reverse which also has NO DATE which means the coin has no date on it at all.

According to the London Mint website:

Since July 2009 the value of the Undated 20p has doubled from £50 to £100, suggesting the coins are rarer than initial estimates indicated.

Do you agree that the price for this rare 20 pence should be at £100? I have seen someone sell them in eBay for over £200. What a great way to promote a new mint.

Source: London Mint.

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RM500 signed by Ismail Muhammad Ali?

RM500 signed by Ismail Muhammad Ali or is it the Bank Negara Malaysia 1st Gabenor Ismail Mohamed Ali? For this past few weeks, everyone keep on asking me if my old 500 ringgit notes is signed by Ismail Mohd Ali. Today, a guy called me and said he want to buy that notes. They sound like they desperately need to meet me today. One of the guy who called me, mistakenly asked his friends for approval about our meet up place. When I asked how many of them that want to meet me, he answered four. We arrange the meet up at 5.30 pm.

I have been doing business since 2003 and 4 people meeting me for a piece of banknote that I sold for RM650 sound suspicious. In my head they maybe want to rob me or something, that why they need 4 people to meet me. I learn my mistake before, while meeting customer in a mamak stall, a guy steal my straits settlements notes while I was talking with a customer. Nowadays, I always meet people at a closed door premises; like in KFC, McDonald or Pizzahut restaurant. All that restaurant had a glass door that you need to open to come in and come out and CCTV. Not like mamak restaurant with an open air concept were people can run away easily with your belonging.

Photo: my cheap 6th series RM500 in my sales page.

I arrived at our meeting place around 5.15 pm but those guys already called me twice. When I arrived, I called them and they said they're in the mamak restaurant beside Port Klang McD. When I look at the glass window over to that restaurant, i saw four smartly dress guys paying their bill. I have a second taught, maybe these guys a Bank Negara Malaysia staff and want to meet me for real because of my post; this blog only for collector?

An older guy from the rest of them introduced everyone for me. He is telling me, he is the one who is calling and looking for that notes. He is asking if that note signed by the late Tun Ismail Mohamad Ali? I said it is not, my 500 ringgit notes signed by Tun Jaafar Hussein. He said a wealthy guy asked him to find a 500 ringgit notes with Ismail Mohamad Ali signature. The guy is telling him he heard a news that only 15 of such notes exist. He say sorry because that "Datuk" don't want to buy my note.

Malaysian and their rich quick scheme mentality. Everyone are thinking that I as a seller will sell that kind of rare banknote for RM650? Come on, that notes don't even exist. It is the same thing as the Malaysia Sa-Puloh Ringgit banknote with YDPA Agong watermark. That note are just replica and more like a myth for us collector. The best I can see is a guy who stupidly using a picture edited with Photoshop software of the sa-puloh ringgit and put it in his blog. Claiming that he own one piece of the notes.

Photo: Ismail Mohamed Ali Signature

To all middlemen or any "runner" who is looking for the notes, please asked your customer first before you want to meet up. You don't even know how Ismail Mohamad Ali signed look like? His signature look like his name or you don't know how to spell? Please know what do your customer want you to hunt. Just don't waste people time and money meeting you. Go to school and learn or better asked around first.

To anyone who has found this note, please provide me with clear picture. I will put it here with a link to your blog or sales page. Anyone dare?

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Do you collect error coins?

Do you collect error coins? A reader asked me where he can find Malaysia error coin and what kind of error coin can we get? I am not an error coin collector because I don't like the expensive price tag that came with this kind of collection. I am only buying it when I can get it at a cheaper price. The easiest way to find them is via Internet. Many collector sell them online via eBay. I am not sure if any coin dealer in Malaysia specialize on this kind of collecting but if any of you reader do, please share it here.

Malaysia 10 sen 2000 error double strike coin

Mint made errors are errors in a coin made by the mint during the minting process. They are almost always accidental and in modern minting are usually very rare, making them valuable to numismatists. Minting errors are far more common in older coinage, understandably. Authentic error coins must not be confused with coins that have incurred damage after being minted. I found a video clip in Youtube once, on how easy it is to make a man made error and sell them online as error coin. Will post it here if I can find it again.

Here some of the types of error from wikipedia:

• Planchet errors

Planchet errors occur when the wrong coin blanks, or planchets, are fed into a coin-stamping press. This results in a coin that has been stamped with a design intended for a differently sized coin; this is called a wrong planchet error. In addition, unminted or blank planchets are occasionally produced. The results are usually obvious errors that are also prized by collectors, though the errors are usually caught in manufacturing and destroyed. Blank planchets with rims are valued lower than those with no rim.

Malaysia 10 sen wrong planchet?

A wrong planchet occurs when a denomination is struck on a planchet of a different denomination.Some examples include cents struck on dime planchets, nickels on cent planchets, or quarters on dime planchets. Sacagawea dollars have been reported with statehood quarter designs on the reverse. This type of error is called a mule and there are many more different kinds of mules, too many to list, however.

Malaysia 1 ringgit 30 tahun merdeka clipped planchet error coin by buyosell.

Occasionally a misfeed can occur where the strip of metal isn't fed through far enough. When this happens, the punches strike an area of the strip which overlaps the hole left by the previous strike. The result is a blank with a piece missing, which is called a clipped planchet.A clipped planchet may be straight, curved, ragged, or elliptical.

• Hub and die errors

Hub and die errors are the result of faults in the coin hub or coin die; there are many different kinds of such errors. Modern coins are still released with hub and die errors, mainly because the defects are too small to be seen with the naked eye. A few exceptions exist, where the dies are used despite producing easily visible flaws. The 1955 Lincoln cent is an example.

• Strike errors

Strike errors occur when the planchet is struck. It is a fault in the manufacturing process rather than in either the die or the planchet. A standard type of strike error is a broadstrike, where the rim image is not struck into the coin's edge because the collar die was missing. Numismatists often prize strike error coins over perfectly struck examples, which tend to be more common, but less highly than die error coins, which are usually rarer, making it valuable.

Malaysia 1 sen 2004 off centering error coin by wengbusiness.

Malaysia One Sen Broad strike error coin by buyosell.

Broadstrike errors are produced when the collar die (The circular die surrounding the lower die) malfunctions. The collar die normally applies the edge device (reeded edge, plain edge) and prevents the metal of the coin from flowing outside of the confines of the die. When the collar is prevented from working properly during striking, it may rest below the surface of the anvil die. All denominations of U.S. coins with a broadstrike will have a plain edge.

• Overdate

In the past, it was a common practice for a mint to use a certain die until it broke. As some dies would last for multiple years, a figure would be punched over the old date. For example, some 1942 Mercury dimes show a 1 beneath the 2. For 19th century coins it is difficult to call an overdate an "error", since it resulted from intentional recycling of the die. In more modern times the examples were due to mistakes by the mint. Through a similar historical process mintmarks have been overstamped. A well known example is the 1900 Morgan silver dollar, when reverse dies with "CC" below the eagle were sent from the Carson City mint to the New Orleans Mint where they were given an "O".

• Defective die

A coin from a defective die shows a raised line on its surface. This is caused by a crack in the die used to strike the planchet. Coins sometimes show an unstruck area resulting from a break in the die, which is known as a cud mark. In U.S. coinage, many coins from the Morgan Dollar series show slight die cracks.

• Lamination

A coinage defect consisting of a portion of the metal separating from the rest due to impurities or internal stresses. Lamination flaws occur primarily when a foreign material or gas oxide becomes trapped within the planchet (the metal blank used as a coin). This error is especially common to the modern US Cent having a zinc metal base plated with a thin sheeting of copper.

• Brockage

Malaysia 50 sen mirror by zekaman.com.

A brockage is when a mirror image of a coin is struck on both sides of the planchet. This error typically occurs when a coin remains on either die after striking. The second coin receives the image from the die, though its blank other side also receives the image of the struck coin, and the result is an incuse mirror image.

• Multiple strike
  
  Malaysia 10 sen 2000 error double strike coin

1981 50 sen Malaysia double striking Error coin by jennyte

This occurs when the coin has an additional image on one side from being struck again, off center. The result is sometimes mistaken as being a "doubled die". Note: Also referred to as 'double exposure'.

• Die Clash
  

A clash occurs when the obverse and reverse dies strike each other because a planchet is not between them. Due to the tremendous pressure used, the parts of the image of one die may be impressed on the other. When planchets are then fed between them the resulting coins receive the distorted image. A well known example is the "Bugs Bunny" Franklin Half Dollar of 1955, where part of the eagle's wing from the reverse gives Franklin the image of protruding teeth.

• Blundered Die

These occur because of mistakes in preparing the dies, such as an inverted or poorly engraved date. Formerly rather common, modern quality control has made them very unusual. A recent example that might fit in this category was the 1982 release of about 15,000 Roosevelt dimes without the "P" mintmark.

The price or value of error coins has been subject to much debate and the value is usually determined between the dealer and the collector. Conversely, errors on ancient, medieval and higher value coins are usually detrimental to the coins numismatic value. Most of the time, it depends on the rarity of the error on that particular collection. Like the undated 20 pence, the price is higher only at the early stage when people found out about it.

Any of you collect error coins? What collection do you have?

Source: Wikipedia.

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1979 Malaysia 50 Cents Extra Dot variety

A reader asked me about where is the dot on Malaysia 1979 50 cents -extra dot variety? I am telling him that the extra dot is on the smaller Parliament building. There is a tiny group of dots not far from the extra dot. Promise him to post a picture if I can find any. I am also telling that reader, that I am not Malaysia rare, error or extra variety coin collector. I will only buy it if the seller sell them at a cheap price. I received many e-mail asking about coins and banknotes. I am not an expert numismatist, just an ordinary coin collector who love to share what I find in the Internet, I will always try my best sharing what I know with anyone.

Photo by: eBay kenlynn74

Before I am talking about this coin, this is just some notice to all reader who try to e-mail me. Some of your email do come with viruses and I will not open or reply to that email. Please make sure that any of your attachment already scan with your anti virus software. Normally I will reply to your e-mail in one or two days, if I don't reply within that time, most probably your e-mail is in my spam box. Try to e-mail me again with no attachment sent together with the email. Some of you asking me about my collection, I am not like other collector who love to share their collection with anyone, sorry on that. I will most probably share it for numismatic purposes but not to show what I have in my collection.

Back to that question about that Malaysia 1979 50 cents extra dot. I search the Internet for that coin and I found it from one of the long time seller in lelong. I found him selling his coin in eBay. Still remember him because he always sale his hard to find coins at a very attractive prices. Kevin Wan or kenlynn74 have that Malaysia 1979 50 cents extra dot coin for sale. He is a trusted seller, I stop buying from him since I can't find him in lelong. Last item I bought from him is 2 pieces of Queen Victoria Straits Settlements 50 cents. The price for this item currently; RM30 for very fine, RM80 for extremely fine and RM120 for Uncirculated. Its hard to find uncirculated condition for this item and the price maybe will be going up again for this coin.

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£1 Falmouth banknote sold for £500

A news by BBC reported a rare piece of Falmouth Banknote produced in 1808 fetched £500 in a specialist auction on Wednesday 14th April. Falmouth is a town, civil parish and port on the River Fal on the south coast of Cornwall, United Kingdom. The name Falmouth comes from the river Fal but the origin of the river's name is unknown. In recent years these types of notes have risen in popularity and value because of their many varieties, one sold in 2004 for £540.

The bank that produced the black and white piece of currency folded just two years after its production, enhancing its rarity. It was highly sought after according to auctioneers Spink, because it was never issued and has remained in "very fine" condition. Although it was only expected to sell for between £350 and £450, two bidders at Spink in London, one in person and one via phone fought hard to obtain the piece of Cornish financial history.

Reflecting on the notes origin, auctioneer Barnaby Faul said: "All towns and cities in England used to issue their own banknotes.

"Privately-owned merchants would start up their own banks, but their notes, which were like IOUs, could only be used locally. When these local banks, like Falmouth, went bust, their notes became completely worthless."

Source: BBC News, Wikipedia.

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10 sen? Different pattern?

In these photos, email to me by Mr. Nazhif who would like to know the story of his 10 sen coin, you can see 3 different pattern and design of this coin. Besides Malaysia, other countries that use the term "sen" in their smaller denomination currency are Japan and Indonesia. Malaysia 1st design of 10 sen is made of Copper-nickel. Most of the time, you can find 10 sen coin in a shiny silver white alloy. Photos by Mr. Nazhif show to us that they are 3 different coins in 3 different alloy. Is this a rare coin or just a replica?

Photo: Coin in the middle is the normal design coin.

Mr. Nazhif telling me he has been looking for any information regarding this coin in the Internet since he inherited the coin from his mother. The coin actually owned by his grandfather who work in Bank Negara Malaysia a while back. He don't tell me what year but his name is Encik Basri Bin Adam. Who work as a coin maker in Bank Negara. I don't know if the information is real, try to search anything about Bank Negara staff list but look like that took some time to find.

Photo: Normal 10 sen design.

Photo: Tin design 1.

Photo: Copper design 2.

Photo: Bronze design 3.

All the coin design are almost the same. It still have Parliament house on the reverse and its value on the obverse. Mr. Nazhif telling me in his email that the first coin is thinner and smaller then normal. The coin color look like it is made of tin. The second design of coin look like it is made of copper with a scalloped edge. The third design look like it is made of bronze with same design from the original coin. Is this a trial pattern or unissued coin by Bank Negara for this coin? Anyone know about this coin? Feel free to share it in here or you can e-mail me at lunaticg@gmail.com.

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Queen Victoria gold coin sold for £871

A rare Queen Victoria gold coin donated to a Troon charity shop sold for £871 in an eBay this week. The Queen Victoria £5 gold piece, dated 1887, was handed to staff at the Oxfam Bookstore at 9B Church Street in Troon, United Kingdom. Staff in the charity chain's shop identified the coin immediately that it was valuable and decided to sell it on eBay rather than in the store. The shop itself is popular with stamp and coin collectors and Oxfam volunteer David Tennant, who works in the shop, is something of an expert on both.The coin was donated by a regular supporter of the shop who inherited it after her parents passed away. She knew the coin was valuable and wanted it to be sold to raise funds for Oxfam's vital work around the world.

The coin was made in 1887 for Queen Victoria's Golden Jubilee (50 years of her reign). The coin is known among collectors as the 'Jubilee Head'. It was used from 1887 to 1893, when it was replaced by another, older looking portrait. The 'Jubilee Head' coins are rare and command premium prices.

Store manager Julie McCulloch, said:

"I just instantly knew that the coin was rare and I phoned one of my volunteers, David, who specialises in the stamps and coins section. He confirmed that it was in fact valuable and that it could possibly fetch up to £800 in auction. We were all very excited and we're very grateful for such a fabulous donation.

"It never fails to amaze me how generous people can be. Every single donation we get is very much appreciated and will all go to a great cause. But every once in a while you get a real gem like this stunning coin and it gives us all a real thrill. I'm delighted the coin will go to a good home and I can assure the lady who donated it that the money will be put to very good use."

Shop volunteer David Tennant, who has been a collector all his life, said:

"The coin really had the wow factor. When you are regularly dealing with ordinary everyday items and something like this turns up, it is very exciting. Watching it get more and more bids on eBay was a very fun process to be involved in. We were delighted with the money the coin raised."

Oxfam was originally founded in Oxford in 1942 as the Oxford Committee for Famine Relief , this is now Oxfam Great Britain, still based in Oxford, UK. It was one of several local committees formed in support of the National Famine Relief Committee. Their mission was to persuade the British government to allow food relief through the Allied blockade for the starving citizens of Axis-occupied Greece. The first overseas Oxfam was founded in Canada in 1963. The committee changed its name to its telegraph address, OXFAM, in 1965.

Source: Oxfam.org.uk, Wikipedia

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Malaysia 1971 1 sen nickel?

How much this rare coin worth? Have you ever heard about Malaysia 10 sen 1971 coin? Most of Malaysia coin collector or Malaysian knew that coin is rare and have a very high price among collector. How about Malaysia 1979 1 sen nickel coin? Only two of the coin is known to exist and this coin is more like a myth to collectors. Most collector including me never have seen that coin. If I have the opportunity to look at the coin, I will most probably take a picture with it. What about Malaysia 1971 1 sen nickel coin? Have you ever heard anything about it? There is no record about this coin in Steven Tan Standard catalog.

As weird as this coin might be, the story came to me at a very weird time to. I am playing Zynga Poker at 4am few days ago, a Facebook friend post a message in the chat box.

"Pernah tengok duit Malaysia 1971 1 sen nickel?" (Have you seen Malaysia 1 sen nickel 1971 coin before?) Asked bonden.

"Duit nickel 1 sen? 1979 pun tak pernah tengok. Adakah?" (1 sen nickel coin? I never seen the 1979 coin. Is there any?) I reply.

I thought he is talking about 1979 1 sen coin. I read about it in a books but never saw it in real life and never saw any picture of it. That coin is more like a myth and legend. You heard about it but only a few have saw it in real life. Some Malaysia coins book author also don't stated about this coin. Most probably this author never saw that coin before. Normal 1 sen 1979 coin is made of copper-clad steel. Only two of the coin found so far made of nickel. the price is around RM2,500 for uncirculated (according to Steven Tan Standard catalog 18th edition-the price should be more since the book published in 2007).

Then Bonden explain it to me, he is talking about Malaysia 1 sen 1971 with nickel planchet. A planchet is a round metal disk that is ready to be struck as a coin. An older word for planchet is flan. They are also referred to as blanks. The owner of the coin show it when he meet Bonden collecting coins he buy from him. Abdullah, 49 years old from Johor Bahru is a rare and error coin collector. He has been keeping that coin for over 35 years. He got it from his brother who work in AIA Insurance in the 70's. His brother bought the coin from Bank Negara Malaysia employee. Abdullah started buy rare coins after he knew how much 1 sen 1979 nickel price.

Looking at the coin picture, there is a trace of copper near the denomination value. The coin look like it is coated with nickel or silver? (the shine is different from nickel). It is just my personal opinion looking at the coin from the picture given by bonden. I never saw the real coin itself. The probability of such coin exist is very low but mistake can happen with million of blanks during minting process. Some people says, Bank Negara Malaysia employee make the mistake happen to gain extra income from people who love to collect rare coins.

Abdullah said that this rare coin is not for sale. How much do you think this rare coin worth? five thousand ringgit for 1 sen nickel 1971 coin? Is it worth that much? Is this coin for real? Share your opinion in here. Some of you might have seen the real coin itself.

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Looking for Chiie Mint not Chile Mint?

You are looking for Chiie Mint not Chile Mint? Mint from Republica De Chiie? A typo error caused one engraver in Chile Mint his job. The engraver, Pedro Urzua Lizana, fired by Chile's mint for an error that led to the release of 1.5 million coins featuring the country of "CHIIE" said that his bosses deliberately covered up the mistake. The error showed up on Chilean 50-peso pieces for the year 2009. The 50-peso piece is 2.5 centimeters across, just under an inch making it difficult to immediately see on the faulty coins that Chile is spelled "Chiie."

Engraver Pedro Urzua Lizana told The Associated Press he unknowingly left off the bottom part of the letter "L" when, in December 2008, he was hurriedly fixing a minor deformity in the original mold for making the dies to stamp out the coin. The coins were released to the public last year but no one at the mint, including himself, knew about the error until a coin collector called in October to point it out. Once informed, officials at the mint fixed the stamp for future 50-peso pieces, but sent another batch of bad coins to the Central Bank without telling officials there of the error, those coins never were released to the public. His Boss Gregorio Iñiguez (General Manager of Chile Mint) and several other employees have also reportedly been sacked after the incident.

Pedro Urzúa, head franker at the Chilean mint, pleaded his innocence after it was suggested that the mistake had been deliberate. "I have been accused of having written the word "C-H-I-I-E" deliberately, but it was an error spotted by neither myself nor the entire chain of people who saw and approved it afterwards," he said.

Photo by condeorloff at flickr: Republica De Chiie 50 peso coin

Urzua is suing the mint for denying him severance pay — based on what he says is the mint's false claim that he was doing work for other employers at his house, something forbidden in his contract.

After this story came out, many collector will be looking for a 2009 50 peso Chiie coin for sale. It cost someone his job but this coin also will cost a bit more then its face value suggested. I wonder how this coin can passed a spell check? And the engraver statement that he forget to put the bottom part of "L" also make no sense at all. How can he released them later with no double check himself. This is one mistake that anyone will try to avoid.

Source: BBC News, The Associated Press, Times online.

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1983 new pence, two pence that worth £500

Yesterday, I read a news about a Weston couple hoping to make thousands from two pence. Brian and Penny Drury, of Palmer Street, stumbled across the rare find in a collectors' pack bought 26 years ago. Brian, aged 43, ordered the souvenir pack from a national newspaper and it has been hidden away and forgotten about since. But when Penny, also aged 43, was told last week that a 1983 two pence coin with new pence written on was valuable she told her husband who confirmed they did have one in their drawer. Brian has put the coin on eBay and is hoping to be able to clear his overdraft with the money he raises from the sale. I try to find this couple auction on eBay but cannot find them.

Photo by: Weston & Somerset Mercury

The British decimal two pence (2p) coin – often pronounced "two pee" – was issued by the Royal Mint on 15 February 1971, the day the British currency was decimalised. In practice it had been available from banks in bags of £1 for some weeks previously. As of December 2005 there were an estimated 6,421 million 2p coins in circulation. The coin was initially minted from bronze, but since 1992 it has been minted in copper-plated steel except for a few months in 1998 when bronze was used again. As copper-plated steel is less dense than bronze, post-1992 coins have been slightly thicker. The original reverse of the coin, designed by Christopher Ironside, is the Badge of the Prince of Wales: a plume of ostrich feathers within a coronet, above the German motto ICH DIEN ("I serve"). The numeral "2" is written below the badge, and either NEW PENCE (1971–1981) or TWO PENCE (from 1982) is written above.

Many people have two pence in their drawer like this couple but only 1983 2 pence with the word new pence on it consider as rare. One website states that the odds of finding a 1983 'new pence' coin are around one in 14,000,000. Consider yourself lucky if you found one of this coin. If you're intended to sale your coin, the price on eBay is between £500 to £700. If you need my advice whether to sale or keep this coin. Keep them for at least 5 years, most probably it will worth five time their current price after that. By the way, it only have a two pence face value. Why do you need to rush selling them? The price will go up every year.

Source: Weston & Somerset Mercury, Wikipedia

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Brasher Doubloon owner at the center of lawsuit

Do you still remember about the Brasher Doubloon first gold coin made in the United States? The owner of the coin is at the center of lawsuit by Rare coin researcher William Swoger. The co-owners of the Brasher Doubloon, Steven L. Contursi of Laguna Beach, California, President of Rare Coin Wholesalers of Dana Point, California, and Donald H. Kagin, Ph. D., President of Kagin's in Tiburon, California. Plaintiff says the owners of a Brasher Doubloon reneged on a deal to pay him for information that he says shows the coin was the first made under the new U.S. government -- which would boost its value to $10 million. 

picture by: emediawire.com

The Brasher Doubloon is steeped in historic reverence and mystique. It dates to Colonial America and the dawning of the new federal government, when Spanish gold doubloons circulated alongside other foreign gold and silver as part of New World commerce. The coin takes its name from Ephraim Brasher, a respected New York City gold- and silversmith who lived next door to George Washington. In 1787, Brasher began making gold coins, presumably to be used as currency for the soon-to-be-formed republic. 

Seven of them remain and are sanctified as the first truly American gold coins. That fact, along with their distinctively American design and Brasher's friendship with Washington, attached a permanent legacy to the coins. The coins are nearly identical, but one of them is first among equals. And it is that coin, worth $15 when Washington was president but most recently sold for nearly $3 million, that is at the heart of a lawsuit filed in Orange County Superior Court. Rare coin researcher William Swoger says he told the coin's owners that he had "specialized information" about the coin and that they reneged on finalizing a contract to pay him in exchange for the information.

Steve Contursi owner of Brasher Doubloon

Swoger's lawsuit alleges that he approached Kagin and Contursi several months ago and told them the coin was worth much more than they realized. The key, he told them, is that the coin wasn't the first of the seven struck by Brasher beginning in 1787. Contrary to the prevailing view in numismatic circles, Swoger says it was the last, and probably not struck until 1793. That later date is crucial, Swoger says, because this coin was fractionally heavier than the others and made to conform to a 1793 act of Congress that established weight standards for gold coins in the new republic. The other six coins are of identical weight and predate the formation of the new government, he says.

According to the lawsuit, Swoger informed the owners that he had discovered information that would make their coin much more valuable and asked for a $500,000 fee. They countered with $250,000, the suit alleges, and then asked for a meeting at which Swoger would disclose the information. Swoger met with Kagin, explained his thesis and was given a gold coin valued at $35,000 as a down payment, the suit alleges. Swoger alleges Kagin said he and Contursi would prepare a contract but never did. Swoger is suing for millions of dollars in damages.

One side of the rare Brasher Doubloon features an eagle with wings spread, holding an olive branch in one talon and arrows of war in the other. Of the seven existing coins, this is the only one that has "EB" -- the artist's initials -- stamped on the eagle's shield.

One side of the Brasher Doubloon features a sun setting behind mountains and the sea. Of the seven nearly identical coins, six have "EB" stamped on this side.

In an interview, Swoger, who is 65 and lives in Lake Odessa, Mich., said he is confident he can prove the coin was the last in the series and not the first. He declined to provide details. His attorney said an ad in a 1790s New York newspaper spurred Swoger's research about the sequencing of the doubloons. Swoger acknowledged that but said learning the exact weight of the historic doubloon -- that it was slightly heavier than the others in the set -- was what led him to conclude it was struck after the others and linked to the congressional act.

The lawsuit alleges that Swoger's theory would elevate the coin's value to $10 million.

"If I'm wrong and they can prove me wrong," Swoger said, "they owe me no money for the information. If my information is correct, it gives much more importance to Ephraim Brasher himself and his other gold coins, because it gives him a longevity that was not known before."

The lawsuit is an uncommon event in the world of rare-coin collecting, but there's no doubt that the Brasher Doubloon is fertile territory for intrigue.

Source: Los Angeles Times

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Edward I Silver Penny coin found

A 13TH century coin has been unearthed by a construction worker while digging the foundations of the new Robert Burns Birthplace Museum in Alloway. The coin, a long cross silver penny, was minted in London and bears the head of the Hammer of the Scots – Edward I. Known as Edward Longshanks for his height of 6 ft. 2 in., and sometimes as the "Hammer of the Scots." Edward was ruthless in pursuing his aims and crushing those who opposed him. He conquered large parts of Wales and almost succeeding in doing the same to Scotland.

Image by: forumancientcoins.com

Mint: Canterbury
Weight: 1.415g
Diameter: 19.8mm
Obverse: +EDWR ANGLDNS HYB, tall central fleur to crown, sinister side-fleur broken, late S, facing bust of King
Reverse: CIVITAS CANTOR, long cross with trefoil of pellets in each angle

David Nelson, a Border Construction employee, found the coin while excavating the area around the former recycling point at the Tam O’Shanter Experience.

David Hopes, project curator of the National Trust for Scotland’s RBBM, said: “This coin has a nice connection with Burns in that it was found near the cottage where he was born and where he grew up reading stories about William Wallace who was, as well documented, a great source of inspiration for the young Bard. The coin bears the head of Edward 1, known as Hammer of the Scots, who was repelled by Wallace.

“It will go on display when the new museum opens next summer.”

Since work began on-site in May, a number of interesting artefacts have been re-discovered, including, most recently, an intricate hand-painted portrait of Robert’s son James Glencairn Burns and a letter from General Giuseppe Garibaldi detailing his admiration for the Bard.

All of these items will be displayed in the new museum. The new Robert Burns Birthplace Museum will house more than 5000 items and be the most important Burns collection in the world.

Image by: wikipedia

Robert Burns also known as Rabbie Burns, Scotland's favourite son, the Ploughman Poet, the Bard of Ayrshire and in Scotland as simply The Bard was a Scottish poet and a lyricist. He is widely regarded as the national poet of Scotland, and is celebrated worldwide. He is the best known of the poets who have written in the Scots language, although much of his writing is also in English and a "light" Scots dialect, accessible to an audience beyond Scotland. He also wrote in standard English, and in these pieces, his political or civil commentary is often at its most blunt.

Source: ayrshirepost.net

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Rare silver 1 penny coin could be worth £7k

Rare coin become a hot story in UK recently. After a 20 pence phenomenon, now it is a time for a 1 penny silver rare coin. Yesterday, I found a news about a grandmother from Bridgwater, Somerset found a rare 1 penny silver coin. Unwittingly handed over to Tania Simmonite at the market stall where she sells cheese, the piece appears to have been released into circulation without undergoing the usual copper-plating process. Royal Mint had confirmed that this is a genuine monetary unit. If the undated rare 20 pence coin can go as far as £7,000 this coin for sure will be worth much much more.

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Pensioner's rare SILVER penny could sell for thousands... so have you got one in your pocket?
Daily Mail UK
By Luke Salkeld
Last updated at 9:59 PM on 22nd July 2009

Look after this penny, and the pounds will definitely look after themselves. The rare silver 1 penny coin could be worth up to tens of thousands of pounds thanks to its peculiar colouring. Unwittingly handed over to Tania Simmonite at the market stall where she sells cheese, the piece appears to have been released into circulation without undergoing the usual copper-plating process.

Precious penny: Tania Simmonite's granddaughter Amy Baker holds the rare silver 1p piece that is set to earn her grandmother thousands.

After finding it in her till, Mrs Simmonite, 69, contacted the Royal Mint who confirmed it was a genuine monetary unit. What they did not tell her, however, was how much the penny might be worth. But after a 20 pence coin without a date mark on its surface was sold earlier this month for £3,500, the grandmother is feeling optimistic about putting it up for auction and could receive an even higher price because of its scarcity.

She said yesterday: 'I was really surprised when I found the penny in the till.

'When I first saw it I thought it must be a fake but I decided to investigate.

'I phoned the Royal Mint and they said they would look at it - and they confirmed it was genuine, sending me a letter telling me how it came about. But I haven't a clue what it's worth.'

Last month it emerged that a rare error at the Royal Mint caused tens of thousands of 20p coins to be produced without their year of manufacture stamped on them. Experts had predicted that the coins could be worth £50 each, but soaring demand pushed the price of a single coin up to £7,100 on eBay. The coins were left dateless when the 20p piece was redesigned. The Mint does not know how many undated coins were released into circulation, but estimates range between 50,000 and 200,000.

Asked about the value of the silver penny from 2003, Jeffrey Day, a coin specialist at Lawrences auctioneers, said: 'If the undated 20ps were selling for thousands of pounds then this coin has to be rarer.

'But there is no way of knowing how many of these are in circulation and the only way of finding out its true value is at auction.'

Mrs Simmonite, from Bridgwater, Somerset, added: 'I can't even remember who gave it to me - I feel so lucky.

'I have kept it wrapped up in a bit of tissue but at my age I think it would be a good idea to sell.'

Source: Mail online.UK

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I wish her good luck on selling her rare 1 penny silver coin. For me that is a very Extremely rare coin and should worth at least 5 figure pounds. For anyone who found a rare 20 pence coin, my advice keep them for at least 5 years. It not easy to sell them at such high price at the moment since there is already to many people selling them. Expert only put their value at £50. Its not that much.

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Rare 20 pence coin on sale for £20,000 on eBay

Last week a shocking incident happen in United Kingdom. Royal mint which have a strict quality check made an error when producing tens of thousands of 20 pence pieces earlier this year. Many seller in eBay selling them with a buy now option as high as £20,000. Source from BBC said that this is the first time since 300 years, British coin without date come into circulation. The highest bidder so far won an auction for £7,100. I browse eBay today for 20 pence error coin and nothing much happen with the highest bidding so far is just around £410.

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By CAROLINE GRANT
01st July 2009

Soaring demand pushed the price of a rare 20 pence piece up to £20,000 on eBay today. Experts had predicted that the coin minted without a date mark, could be worth £50 each. But collectors have been scrambling to buy the currency after it emerged that the Royal Mint made an error when producing tens of thousands of 20 pence pieces earlier this year.

Collector's piece: Coins were minted missing their date

EBay has been inundated with coins for sale as those who have found them attempt to cash in. Many sellers are offering purchasers the chance to 'buy it now' at prices of up £20,000. Several are hoping to get more than £10,000 for their 20 pence rare coin. One seller appeared to have fetched £7,100 at 2pm yesterday - 35,500 times its face value - although it is not clear whether the coin has been paid for.

Bidding on the auction site started at 99p and it gradually crept up to £100 by Monday evening. Yesterday one potential buyer started bidding off at £600, soon followed by a bid of £800. Then it shot up to £5,000 and kept rising until the price reached £7,100. A spokesman for eBay said: 'The winning bid was definitely £7,100, but I can't confirm yet whether the actual transaction has been completed yet.'One cheeky seller is asking for £20,000 for an undated 20p piece. Unsurprisingly, there were no bids.

The coins were left dateless when the 20 pence error coin was redesigned. The Mint does not know how many undated coins were released into circulation, but estimates range between 50,000 and 200,000. This is the first undated British coin to enter circulation in more than 300 years - the last occasion was 1672, when Charles II was on the throne.

The 20 pence error coin has caused a great deal of excitement among coin collectors because the Royal Mint, in Llantrisant, South Wales, is normally so careful about the manufacture and release of coins into circulation. The problem occurred after all the coins from the 1p through to the £1 were redesigned last year. The designs for the 5p and 10p had been unchanged for four decades.

There is an unwritten convention that designs should be changed at least every 40 years to keep the coinage fresh. The Royal Mint's usually impeccable quality control somehow slipped up and the so-called 'mule' escaped into circulation. A 'mule' is a coin that has mismatched sides - a reference to the mule being a mismatch of a horse and donkey.

Source: dailymail.uk

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Picture by alasdair from predecimal.com

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