Home / News

Browse the latest news by category.

Modern Coins
Medieval Coinage
Ancient Coinage
Business News
Community News
Latest coin and currency news articles
The Times of IndiaFinally, country gets first made-in-India note
July 20, 2018

The Reserve Bank of India has released a new Rs 100 denomination banknote in the Mahatma Gandhi series with a Swachh Bharat logo in lavender colour.

SIBCNew $5 banknote to be introduced next year
Solomon Islands
July 19, 2018

The Central Bank of Solomon Islands will introduce a new five dollar note, part of its ongoing reforms on security and design specifications.

BBCWhy Canada is suing Australia over a magic possum
April 18, 2018

The Royal Canadian Mint has a bone to pick with its Australian counterpart - a possum bone that is. The Canadian corporation is suing the Royal Australian Mint over a coin that celebrates the popular Possum Magic children's book series.

Their issue is not with the furry marsupial but with Australia's method for printing colour on to coins, for which Canada claims to own the patent.

RTECentral Bank may cease printing euro notes
March 9, 2018

The board of the Central Bank is to consider a recommendation from management to cease printing euro notes at its mint in Sandyford, Co Dublin.

The proposed change would have no impact on the supply of banknotes in Ireland, the majority of which are produced elsewhere.

BBCThe Indian coin that set off millions of messages
Feb. 21, 2018

India's central bank is reckoned to have sent out hundreds of millions of text messages in the last couple of days - all part of a rearguard effort to protect the value of the Indian currency.

Don't be too alarmed, the Indian economy isn't about to tank - not quite yet, anyway. The bank's herculean campaign is only designed to ensure the integrity of the country's humble 10 rupee coin - worth just 10 US cents or 10 UK pence.

Reserve Bank of AustraliaNext Generation of Banknotes: $50 Design Reveal
Feb. 15, 2018

The Reserve Bank has today revealed the design of the new $50 banknote. As with the existing banknote, the new $50 features portraits of Aboriginal writer and inventor David Unaipon and the first female member of an Australian parliament, Edith Cowan. The new banknotes will be released into general circulation in October 2018.

The Star OnlineKing launches Bank Negara's commemorative banknotes
Dec. 15, 2017

The Yang di-Pertuan Agong Sultan Muhammad V on Thursday (Dec 14) launched commemorative banknotes issued by Bank Negara in conjunction with the 60th anniversary of the signing of the Federation of Malaya Independence Agreement.

Bank Negara MalaysiaIssuance of Commemorative Coins in conjunction with the Installation of His Majesty Seri Paduka Baginda Yang di-Pertuan Agong XV
Dec. 14, 2017

Bank Negara Malaysia is issuing commemorative coins in conjunction with the installation of His Majesty Seri Paduka Baginda Yang di-Pertuan Agong XV Sultan Muhammad V as the fifteenth Yang di-Pertuan Agong. His Majesty was elected as the fifteenth Yang di-Pertuan Agong for a five year term, by the Malay Rulers at the 243rd Conference of Rulers (Special Meeting) at Istana Negara, Kuala Lumpur on 14 October 2016. His Majesty subsequently took the oath as the fifteenth Yang di-Pertuan Agong on 13 December 2016 at Istana Negara, Kuala Lumpur. The installation of His Majesty Seri Paduka Baginda Yang di-Pertuan Agong XV Sultan Muhammad V as the fifteenth Yang di-Pertuan Agong was held on 24 April 2017.

Bank Negara MalaysiaIssuance of Commemorative Banknotes in conjunction with the 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement
Dec. 14, 2017

Bank Negara Malaysia is issuing commemorative banknotes in conjunction with the 60th Anniversary of the Signing of the Federation of Malaya Independence Agreement. These commemorative banknotes were launched by His Majesty Seri Paduka Baginda Yang di-Pertuan Agong XV Sultan Muhammad V at the Museum and Art Gallery, Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur.

BBCVenezuela unveils virtual currency amid economic crisis
Dec. 3, 2017

Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis.

He said the Petro would be backed by Venezuela's oil, gas, gold and diamond wealth.

XinhuaIsrael to distribute New Shekel 20, 100 banknotes
Nov. 23, 2017

The new 20 and 100 NIS banknotes are seen in Jerusalem, on Nov. 22, 2017. Israel will distribute new banknotes of Israeli New Shekel (NIS) in 20 and 100, said the governor of the Bank of Israel (BOI) Karnit Flug on Wednesday.

XinhuaRussia launches new banknotes of 200 and 2,000 ruble
Oct. 13, 2017

Chairman of the Russian Central Bank Elvira Nabiullina presented new Russian 200 and 2,000 ruble bills here on Thursday.

"The first new banknotes will start to circulate in the regions depicted on them -- the Far East and the Crimea, as well as in Moscow," Nabiullina said at the presentation of the bills in TASS. She said the new bills will be introduced in stages, since they are developed in strict secrecy in accordance with the international practice in order to counter counterfeiters.

XinhuaBank of China (Hong Kong) issues centenary commemorative banknotes
Hong Kong
Sept. 25, 2017

Bank of China (Hong Kong) Limited (BOCHK) on Monday announced to issue commemorative banknotes in celebration of the centenary of Bank of China's (BOC) service to Hong Kong.

The banknotes will be available for subscription from Thursday to Oct. 18 for applicants aged 18 or above with a valid Hong Kong identity card. Application can be made online or in any BOCHK branches. Net proceeds generated from the sale will be used for local community projects and charitable causes, said Yue Yi, vice chairman and chief executive of BOCHK.

BBCNew plastic £10 note featuring Jane Austen unveiled
United Kingdom
July 18, 2017

The new plastic £10 note has been unveiled by Bank of England governor Mark Carney at Winchester Cathedral. The note, which follows the polymer £5, will be issued on 14 September and has a portrait of Jane Austen on the 200th anniversary of the author's death.

Vanuatu Daily PostVt500 and Vt5,000 changing from paper to polymer
July 13, 2017

Vanuatu’s series of money banknotes will see the Vt500 paper-note changed to polymer at the end of this year.

In his announcement, the Governor of the Reserve Bank of Vanuatu (RBV), Simeon Athy, said that the Vt5,000 was the second last denomination of the new Vatu family series of polymer banknotes. “The Vt5,000 will be released into public circulation on July 28, in Luganville on Santo,” he said.

BBCCanada "toonie" coin glows in the dark
June 19, 2017

It may not be made of gold, but Canada's new glow-in-the-dark, two-dollar coin sure does glitter.

Known colloquially as the "toonie," the C$2 ($1.50, £1.20) coin is said to be the world's first glow-in-the-dark coin to enter into circulation. The winning design, which was chosen from 10,000 entries, depicts boaters looking up at the Northern Lights.

The LocalNorway’s new maritime banknotes are here
May 29, 2017

Norway’s new banknotes enter circulation tomorrow, with fish and viking ships taking the place of cultural and historical figures on the reverse. Scientist Kristian Birkelund’s spot on the 200 krone note is taken by a cod, while opera singer Kirsten Flagstad is swapped out for an image of the 9th century Gokstad Ship.

The new notes represent the first time Norway’s central bank has chosen not to use famous Norwegians as motives on the country’s paper currency, electing instead to highlight the importance of the Scandinavian country’s maritime connections.

BBCDeadline to dig out old paper £5 notes
United Kingdom
May 4, 2017

The Bank of England said 150 million of its paper £5 notes - the equivalent of about three for every adult in the UK - remain with the public.

Shops may refuse them from Saturday, although banks should exchange them.

IOLCommemorative coins have no extra value - SARB
South Africa
April 10, 2017

The South African Reserve Bank (SARB) says commemorative coins are not worth any more than their face value.

In a statement issued on Monday, the bank says it is pointing this out because it has received numerous enquiries on the value of the R5 commemorative circulation coins. It notes that commemorative circulation coins, such as the R5 Griqua Town coin, are ‘normal’ circulation coins that form part of all the other coins already in circulation.

Globe and MailNew $10 bill unveiled to celebrate Canada’s 150th birthday
April 7, 2017

The Bank of Canada has unveiled a new commemorative $10 bank note to celebrate the 150th anniversary of Confederation — and it will mark one of the few times Canadian woman and an indigenous Canadian have been featured on the country’s currency.

It is also just the fourth time in Canada’s history that a special, commemorative bank note has been produced.

States of JerseyWithdrawal of Jersey £1 coin
Feb. 24, 2017

After 15 October 2017, the Jersey £1 coin will no longer be legal tender. The States of Jersey will be withdrawing the coin from circulation to coincide with the UK’s timeline for the introduction of its new £1 coin.

XinhuaNew banknotes arrive in Venezuela to complete monetary overhaul
Feb. 23, 2017

Vice-president of Venezuelan Central Bank (BCV) Jose Khan announced Wednesday that new 1,000-bolivar (1.43 U.S. dollars) banknotes had arrived in the country, allowing it to complete the roll-out of its new monetary system.

"This cargo completes the family of the new monetary basket," Khan told the state-owned Venezolana de Televisión, from Maiquetia international airport, 21 kilometers from downtown Caracas, the capital of Venezuela.

ABC News$10 note: RBA celebrates Australian writers in new design
Feb. 17, 2017

The Reserve Bank of Australia has unveiled the design of the new $10 note, which features similar graphics to the new $5 note released last September that received a mixed reception from the public.

The $10 note incorporates the same top-to-bottom clear window as the $5 note, a clear patch with a rolling colour effect, and a "tactile" feature to help the vision impaired community distinguish between denominations. The $10 note pays homage through symbolism to Dame Mary Gilmore and AB 'Banjo' Paterson, two celebrated Australian writers synonymous with Australian heritage.

Reserve Bank of AustraliaNext Generation of Banknotes: $10 Design Revealed
Feb. 17, 2017

The Reserve Bank has today revealed the design of the new $10 banknote that will be issued into circulation from September 2017. The images show the basic design artwork on each side of the banknote.

The Governor, Philip Lowe, said: ‘The $10 banknote celebrates two famous Australian writers, Dame Mary Gilmore and AB ‘Banjo’ Paterson. Their work is recognised in several design elements on the banknote, including images of a pen nib in two of the clear windows and excerpts of their poetry in microprint.’

XinhuaNepal saves millions by printing banknotes in China
Feb. 14, 2017

Nepal Rastra Bank (NRB), the central bank of the Himalayan nation, has received to store 24 million 1000-rupee currency notes printed and delivered by the China Banknote Printing and Minting Corporation (CBPM).

Radio PolandNew Polish PLN 500 note to enter circulation
Feb. 5, 2017

The new bill is a response to market demand and the rising costs of maintaining the central bank’s strategic reserves, according to the National Bank of Poland (NBP).

The note will feature an image of King Jan III Sobieski, who reigned from 1674 to 1696, to preserve the chronological continuity of the “Polish Rulers” series, the bank said.

BBCVenezuela's new high value banknotes enter circulation
Jan. 17, 2017

Venezuela has issued new larger denomination banknotes in response to the country's soaring rate of inflation. The three notes, ranging from 500 to 20,000-bolivars, have entered circulation with the aim of making paying for essentials easier.

Hindustan TimesGandhi image missing on Rs 2,000 notes, MP bank says currency not fake
Jan. 5, 2017

A clutch of new Rs 2,000 banknotes without Mahatma Gandhi’s image triggered panic among villagers in Madhya Pradesh’s Sheopur district, as they thought these bills were counterfeits.

Bank officials assured later that the notes are good but a possible printing mistake removed the ever-familiar embossed picture of the Father of the Nation.

Korea TimesPyeongChang Olympics banknote gets icy reception
Korea, Republic of
Dec. 21, 2016

A commemorative banknote to promote the 2018 PyeongChang Winter Olympics has been criticized for its "childish" and "substandard" design. While some compared the design with that of a North Korean banknote, others said it had dented Korea's international reputation.

The Jakarta PostBank Indonesia releases new notes, coins
Dec. 19, 2016

Bank Indonesia released on Monday seven new banknotes and four coins bearing the pictures of 12 national heroes.

The launch of the new notes and coins was attended by President Joko "Jokowi" Widodo and Bank Indonesia governor Agus Martowardojo in Jakarta, Antara news agency reported.

The new notes are the Rp100,000, Rp50,000, Rp20,000, Rp10,000, Rp5,000, Rp2,000 and Rp1,000, while the new coins are Rp1,000, Rp500, Rp200, and Rp100.

Australian Broadcasting CorporationDesigner with the Midas Touch: Exhibition reveals artistry of man who designed Australia's coins
Dec. 15, 2016

A new Royal Australian Mint exhibition is highlighting the works of the man who designed the artwork on Australian coins.

The Designer with the Midas Touch exhibition showcases not only the coins, but also intricately detailed silverware Stuart Devlin AO designed.

Saudi GazetteNew coins and banknotes will be available at SAMA branches from Dec. 26
Saudi Arabia
Dec. 14, 2016

The Saudi Arabian Monetary Agency (SAMA) released on Tuesday evening new designs of Saudi banknotes and coins, the Saudi Press Agency reported.

The releasing ceremony was held in the presence of Ibrahim Al-Assaf, minister of state and member of the Cabinet, and SAMA Governor Ahmed Al-Khulaifi.

Speaking on the occasion, Al-Khulaifi said that the newly released coins and banknotes will be available at all branches of SAMA from Dec. 26. SAMA has introduced SR2 in the form of coins.

BBCVenezuela issues new banknotes after inflation
Dec. 4, 2016

Venezuela is issuing new higher-value notes to help deal with some of the practical problems of soaring inflation. A backpack full of cash is often required to pay bills at a restaurant or supermarket.

The central bank said that six new bills ranging from 500 to 20,000 bolivars would come into circulation on 15 December. Currently the largest note is 100 bolivars and worth about two US cents.

BBCZimbabwe note launch stokes currency fears
Nov. 28, 2016

Zimbabwe has launched its own money for the first time since the country's dollar was abandoned seven years ago amid rampant inflation. The bond note, which is worth one US dollar - the country's main currency since 2009 - is raising fears of a return to the ill-fated local dollar.

The move, first announced in May, has fuelled some of the biggest protests in a decade against President Mugabe.

The GuardianMugabe launches new currency in 'last gamble' for Zimbabwe
Nov. 28, 2016

Zimbabwe has launched a controversial new currency in a last ditch bid to inject desperately needed cash into its failing economy.

Many ordinary people fear the new “bond notes”, issued on Monday by the central bank in Zimbabwe, will trigger economic chaos, wiping out savings and causing massive hardship for millions.

Today OnlineCommemorative Singapore Botanic Gardens coin unveiled
Nov. 11, 2016

A commemorative coin showcasing iconic features of the Singapore Botanic Gardens was unveiled on Friday (Nov 11) in celebration of the addition of the gardens into the list of UNESCO World Heritage Sites.

The Singapore Botanic Gardens UNESCO World Heritage Site Commemorative Coin will be issued, in limited quantities, on Nov 29. Orders have to reach the Singapore Mint by Nov 28. The coins will be subjected to balloting if oversubscribed.

The left side of the coin shows a cluster of rubber trees, while the right side show the iconic white bandstand of the Singapore Botanic Gardens. Sprays of the Tiger Orchid line the bottom of the coin.

The Jakarta PostPapuan hero Frans Kaisiepo to feature on Rp 10,000 banknote
Nov. 10, 2016

For the first time since 1965, when Papua became part of the Republic of Indonesia, the image of a Papuan national hero will feature on a banknote released by Bank of Indonesia (BI).

“A picture of a hero from Papua, Frans Kaisiepo, has been selected to be the main picture on the front side of the Rp 10,000 banknote. This is the first time that the image of a hero from Papua will be the main picture on a rupiah banknote,” Joko Supraktikt, the head of the central bank’s Papuan office, said Thursday in Jayapura.

Joko said banknotes featuring Kaisiepo’s image would be released along with six other banknotes and four coins.

Corporate MaldivesNew Five Rufiyaa note to be released by MMA
Nov. 9, 2016

The previously announced MVR 5 coin is going to be released as a note that is in line with the current series of new notes released last year.

Governor Azima spoke to the press today and stated that change from a coin to a paper note was to ensure that the public would not face any difficulties with the transition as the MVR five has always been a note and the introduction of a coining would disrupt easy flow of the money. In addition to this a completely new roleau of coins for MVR 2 would be released in the coming year as well.

Australian Broadcasting CorporationIndia abolishes 500 and 1,000 rupee banknotes in 'surgical strike' against 'black money'
Nov. 9, 2016

Indian Prime Minister Narendra Modi has announced that 500 and 1,000 rupee banknotes will be withdrawn from circulation as part of a crackdown on rampant corruption and counterfeit currency.

As of midnight on Tuesday (local time), the country's two largest banknotes, were no longer considered legal tender - Mr Modi made the snap announcement just hours before.

The surprise step appears designed to bring billions of dollars worth of cash in unaccounted wealth into the mainstream economy, as well as hit the finances of Islamist militants who target India and are suspected of using fake 500 rupee ($19.75) notes to fund operations.

BBCIndia scraps 500 and 1,000 rupee bank notes overnight
Nov. 9, 2016

Indian Prime Minister Narendra Modi has announced that the 500 ($7.60) and 1,000 rupee banknotes will be withdrawn from the financial system overnight. The surprise move, announced on Tuesday evening, is part of a crackdown on corruption and illegal cash holdings.

Banks will be closed on Wednesday and ATM machines will not be working. India is overwhelmingly a cash economy. New 500 and 2,000 rupee denomination notes will be issued to replace those removed from circulation.

Seychelles News AgencySeychelles to issue new banknotes and coins in December
Nov. 3, 2016

New banknotes and coins with enhanced security features will enter into circulation in Seychelles on Dec. 5, the island nation’s Central Bank said Thursday. Thirty-five species of Seychellois flora and fauna, including the Aldabra giant tortoise and pitcher plant, will feature on the currency. Four different-sized paper banknotes - 500 rupees, 100 rupees, 50 rupees, and 25 rupees - and seven denominations of coins - 10 rupees (previously a bank note) 5 rupees, 1 rupee, 25 cents, 10 cents, 5 cents, and 1 cent - will be introduced.

The current banknotes and coins will remain legal tender and will be in circulation until they are officially demonetized by the Central Bank of Seychelles. The current banknotes and coins have been in circulation since 1998 and 1982 respectively.

BBCFirst RBS plastic banknotes enter circulation
United Kingdom
Oct. 29, 2016

Royal Bank of Scotland is to begin issuing its first plastic banknotes at nine of its major branches. The £5 polymer notes will be smaller and should last 2.5 times as long as the traditional cotton paper variety. They will feature illustrations of Scottish poet Nan Shepherd, and have new security features to prevent counterfeiting. Clydesdale Bank, Bank of Scotland and the Bank of England have already made the transition to plastic banknotes.

Island SunBuyers Beware! Fake BVI Collector ‘s Coin In Circulation
Oct. 28, 2016

The Government of the British Virgin Islands is advising the public, especially coin collectors, that a ‘coin’ claiming to be issued in the name of the British Virgin Islands, has been offered for sale to coin dealers and the general public. All are advised that these ‘coins’ have never been approved by the Government, the Foreign and Commonwealth Office nor Her Majesty the Queen.

The SunLabourer lands £250,000 windfall after discovering rarest British coin ever made in his four-year-old son’s treasure chest
United Kingdom
Oct. 25, 2016

A lucky dad is set to reap a life-changing £250,000 windfall after discovering he owned the rarest British coin ever made – which his four-year-old son had been keeping in his toy treasure chest.

The 35-year-old labourer was given the “lost” 300 year old Queen Anne Vigo five guinea coin by his late grandfather 30 years ago.

Daily Mail700-year-old Chinese bank note to be auctioned off in Sydney after being found in a Buddhist sculpture
Oct. 20, 2016

A rare Chinese Ming Dynasty bank note has been discovered inside a wooden bust at an art auction house in Melbourne.
The note was found in the head cavity of a 13th-14th century wooden Buddhist sculpture of a Luohan by art specialists from Mossgreen. A Luohan is a Chinese word for a person who has completed the four stages of Enlightenment and reached the state of Nirvana.

Irish CentralA guide to valuing all your old Irish coins (with photos)
Oct. 9, 2016

Between the formation of the Republic of Ireland, the shift towards decimalization, and the introduction of the Euro, Irish currency underwent a great number of changes over the past 100 years, resulting in a number of coins that are now so rare they can fetch up to $13,200 at auction. Many of them are also exceptionally beautiful, featuring symbols of Ireland and tributes to the country’s agricultural and agrarian wealth.

The Express TribuneGovernment to introduce Rs10 coin in a couple of weeks: State Bank
Oct. 3, 2016

The federal government is expected to introduce the Rs10 coin in a couple of weeks, a State Bank of Pakistan (SBP) spokesperson said on Monday.

The SBP started receiving Rs10 coins from Pakistan Mint — the nation’s oldest mint located in Lahore’s Shalimar Town from Monday, the SBP spokesperson told The Express Tribune. However, he said, it may take another two weeks before the new coins started circulating as the central bank needed time to supply them to its 16 offices nationwide.

National Bank of GeorgiaUpgraded 100 Lari Denomination Banknotes Will Be Into Circulation From November 1, 2016
Sept. 23, 2016

From November 1, 2016, on all over the country upgraded 100 Lari denomination banknotes will be in circulation along with the banknotes of the previous emissions.

Original and well-known Lari banknote themes have been preserved on upgraded 100 Lari denomination banknotes, but at the same time, histories featured on the banknotes have been diversified with distinct, new elements. The modified design presents Georgian cultural and historical heritage with more precision and modern appearance.

Agenda.geGeorgia’s new 100 Lari banknotes released in November
Sept. 23, 2016

From November 1, modernised 100 GEL (Georgian Lari) banknotes in bright new colours and sizes will come into circulation around the country, announced the National Bank of Georgia (NBG).

Reserve Bank of AustraliaNext Generation $5 Banknote Enters Circulation
Sept. 1, 2016

Australia's new $5 banknote enters circulation today. Issuance is being supported by an information campaign to ensure that the Australian public is able to identify the new banknote and its security features.

The $5 banknote is the first in a new series and other denominations will be upgraded over coming years. Each banknote in the series will incorporate the same security features. Additionally, they will each feature a different species of Australian wattle and a native bird within a number of distinctive elements. The new $5 banknote features the Prickly Moses wattle and the Eastern Spinebill.

Australian Broadcasting CorporationAustralia's new $5 notes to be more accessible to blind and vision-impaired people
Aug. 31, 2016

A small change in Australia's new generation of bank notes is set to have a huge impact on blind and vision-impaired people. Two tiny, raised dots - about the size of a sprinkle on a piece of fairy bread - will appear on the new $5 note, which will be released into circulation by the Reserve Bank on September 1.

Vision Australia lead policy advisor Bruce Maguire said the new tactile feature would assist almost 360,000 Australians who are blind or vision-impaired.

Euro Weekly NewsNew high value polymer banknote for Gibraltar
Aug. 23, 2016

Aa announced at last August’s commemoration of the birth of Sir Joshua Hassan, the government of Gibraltar is to issue a new polymer £100 banknote featuring an image of Sir Joshua. Not only will this be the first ever legal tender £100 sterling banknote to be produced in polymer, it will also be Gibraltar’s first sterling banknote to be produced in this material. The note will have a smoother feel than traditional banknote paper but it will be more durable and will stay cleaner for longer.

The new polymer banknotes have been produced by De La Rue and printed on Safeguard substrate. The design will be similar to the existing paper banknote but with a large clear window showing a hologram which can be seen from both the front and back of the note and which will be highly reflective, showing images of Her Majesty Queen Elizabeth II and the letter ‘G’ for Gibraltar.

Herald SunAustralia’s first ever bank note worth 10 shillings now valued at $1m
Aug. 19, 2016

Ten shillings might not buy you much in today’s world, but the country’s first ever ten shilling bank note has been valued at a staggering $1 million.

The massive return on investment belies the note’s paper value, just $58.43 cents according to the Reserve Bank of Australia’s inflation calculator.

BBCAnglo-Saxon coin find near York is 'jaw dropping'
United Kingdom
Aug. 18, 2016

A rare coin found in York by a man who took up metal detecting a week before has been described as "jaw dropping". Experts at Yorkshire Museum said the coin was 1,400 years old and is one of only 19 ever found.

The Anglo-Saxon gold shilling was one of the first coins minted in York and is believed to be worth between £5,000 and £7,000.

BloombergThere Is a $4 U.S. Coin, and It’s Now Worth $60,000
United States
Aug. 5, 2016

In 1879, America's minister plenipotentiary to Austria, John Adam Kasson, successfully persuaded the Philadelphia Mint that the U.S. needed a four-dollar coin. The exact logic of the argument has been lost to time, though its thrust was that America needed a coin that would work as a form of international currency, and a gold coin that (roughly) measured the same weight as a French napoleon or a British sovereign would do the trick.

NZ HeraldNew Zealand's first banknote up for auction
New Zealand
Aug. 3, 2016

A slice of Kiwi history could be yours, although it'll cost you at least $41,500 ... and possibly much more. The Reserve Bank of New Zealand's oldest bank note is being auctioned in the United States next week.

Director of bank note auctions Manning Garrett said the 1934 note could be expected to go for well over the estimated value of US$50,000 to US$100,000 ($69,000 to $138,000) based on Australia's first Commonwealth issued banknote being sold for AU$1.8 million in 2008.

ReutersU.S. wins ownership of rare 'double eagle' gold coins
United States
Aug. 1, 2016

A federal appeals court on Monday said a cache of exceptionally rare gold coins stolen from the U.S. Mint in the 1930s belongs to the U.S. government, not the Pennsylvania family that possessed it for decades.

By a 9-3 vote, the 3rd U.S. Circuit Court of Appeals in Philadelphia said Joan Langbord and her sons Roy and David cannot keep the 10 "double eagle" 1933 $20 gold pieces, estimated to be worth several million dollars each.

Monday's decision could end a decade-long battle that began after the Langbords, heirs to late Philadelphia jeweler Israel Switt, found the coins in a safe deposit box and asked the Mint to authenticate them, only to have them seized in 2004.

The NewsAll old design banknotes to be demonetized from Dec 31
July 15, 2016

As per Federal Government’s Gazette Notification dated June 04, 2015 the old design banknotes will cease to be legal tender with effect from December 01, 2016. Therefore it has now been decided to phase out all remain in gold design banknotes of Rs 10, 50, 100 and 1000, said a statement issued by the State Bank of Pakistan here on Friday.

The Rs. 5 banknote and the old design Rs. 500 banknote have already been demonetized.

The AustralianUS investors jump on Australian kangaroo coins
June 21, 2016

The popularity among American investors and collectors of a silver coin emblazoned with a kangaroo has caught the Perth Mint by surprise. It’s prompted the mint, one of the world’s largest, to accelerate an expansion to meet US demand.

Sales of silver coins from the Australian mint have doubled over the past year, far outpacing growth in demand for other coins including those made of gold and the US Mint’s popular silver American eagles.

Wall Street JournalGoing for Silver: U.S. Investors Jump on Australia’s Kangaroo Coins
June 20, 2016

The popularity in the U.S. of a silver coin emblazoned with a kangaroo has caught the Perth Mint by surprise, prompting one of the world’s largest mints to accelerate an expansion to meet demand among American investors and collectors.

Sales of silver coins from the Australian mint have doubled over the past year, far outpacing growth in demand for other coins including those made of gold and the U.S. Mint’s popular silver American Eagles.

Focus TaiwanCentral bank to auction banknotes with special serial numbers
June 17, 2016

Taiwan's central bank said Friday it will auction off Taiwan dollar notes with special serial numbers starting on June 30 to boost government revenues.

People in Taiwan tend to favor banknotes with special serial numbers and are willing to pay large sums for them, as has been seen in seven similar auctions held by the central bank in the past four years. Among the most coveted notes are those with serial numbers with one or more 8s, such as "000008" and "000088," because the number eight sounds like the word for "making a fortune" in Mandarin.

Africa NewsZimbabwe to introduce 'bond notes' in October
May 31, 2016

Zimbabwe will start circulating local bank notes in October and will not be returning to a domestic currency abandoned in 2009, the country’s central bank governor said on Monday.

Reserve Bank of Zimbabwe governor John Mangudya described the local notes as vouchers meant to boost exports and generate foreign exchange and dismissed talk of a return to the local currency as “unfounded rumours”. The country will also continue to use the dollar and other foreign currencies, Mangudya said.

Evening StandardPlastic £5 banknote featuring Sir Winston Churchill set to be unveiled
United Kingdom
May 29, 2016

The full design of the new £5 banknote featuring Sir Winston Churchill is set to be unveiled next week.

The Bank of England announced the new fiver will be issued in September and will be printed on polymer, a thin plastic film, in a break with the current paper notes.

The move is seen to provide a more durable and secure form of currency and had proved a popular choice with those who had shown the money.

ReutersBidders fail to reach minimums for two rare U.S. coins at auction
United States
May 24, 2016

Two legendary U.S. coins, one of them more than 200 years old, that were on the auction block on Tuesday in New York City did not sell after bidders failed to reach minimum reserved prices, according to Sotheby's.

A bid of $10,575,000, the most ever offered for a coin, was place by phone for an 1804 Draped Bust Silver Dollar, but it failed to reach the consignor’s reserve price, Sotheby's auction house said in a statement.

A phone bid of $7,285,000 was placed on an extremely rare 1822 half eagle, but it also failed to reach the consignor’s reserve price, Sotheby's said.

International Business TimesAncient shipwreck Bom Jesus found laden with gold and buried in sands of Namib Desert
May 24, 2016

The long-ago mystery of a missing Portuguese ship laden with gold has been solved, with the discovery of 500-year-old coins and pieces of The Bom Jesus buried in the desert coastline of Namibia according to reports on Monday.

Hindustan TimesNewly designed Indian currency notes likely soon
May 20, 2016

Newly-designed currency notes are likely to circulate in the country soon with the Reserve Bank of India board on Thursday recommending a new set of designs for the banknotes.

“The Central Board also discussed and recommended to the government a set of designs for the new banknotes series which, on approval from the government, will be introduced in due course,” an RBI statement said.

The GuardianBattle of the banknotes as rival currencies are set to be issued in Libya
May 20, 2016

The risk of economic chaos caused by billions of dollars worth of rival banknotes starting to circulate in Libya may fatally undermine the new unity government in Tripoli, senior European diplomats fear. A political battle between the UN-recognised Tripoli government led by Fayez Sarraj and the Tobruk-based parliament loyal to General Khalifa Haftar in the east has led to parallel splits in the country’s financial institutions, with two central banks threatening to circulate rival Libyan dinar banknotes in the country.

The Star OnlineAvid collector proud owner of 50 sen first-issue pieces minted between 1967-69
May 5, 2016

he face value is only 50 sen and minting date is 1967 and yet some 46 years later, the rare coin sitting among John Goh’s collection is now worth a whopping S$4,200 (over RM10,700). The president of Sarawak Philatelic and Numismatic Society told The Star here that during the Collectible Auction Asia in Singapore on Oct 19, the opening price for that very coin was S$1,600 (RM4,100) apiece.

European Central BankECB ends production and issuance of €500 banknote
May 4, 2016

Today the Governing Council of the European Central Bank (ECB) concluded a review of the denominational structure of the Europa series. It has decided to permanently stop producing the €500 banknote and to exclude it from the Europa series, taking into account concerns that this banknote could facilitate illicit activities. The issuance of the €500 will be stopped around the end of 2018, when the €100 and €200 banknotes of the Europa series are planned to be introduced. The other denominations – from €5 to €200 – will remain in place.

BBCSpanish pipe-layers find large Roman coin hoard
April 29, 2016

Construction workers laying pipes in a park in southern Spain have unearthed a 600kg trove of Roman coins. The bronze coins dating from the late 4th Century were found inside 19 Roman amphoras, a type of jar.

They bear images of the emperors Constantine and Maximian and it is thought they may have been used to pay soldiers or civil servants.

BBCNew £20 note design and personality unveiled by Bank of England
United Kingdom
April 22, 2016

Artist JMW Turner and his painting The Fighting Temeraire will feature on the new design of the Bank of England's £20 note to enter circulation in 2020. The English Romantic artist was chosen from a list of public nominations - the first time the Bank has asked who should appear on a specific banknote.

The note, to be made of polymer, will eventually replace the current £20 note featuring the economist Adam Smith.

BBCMoney making: A brief history of currency from the British Museum
United Kingdom
April 22, 2016

The public was included in the choice of nominations for the honour of appearing on the next £20 note, to enter circulation in 2020.

As with the new £5 and £10 notes from the Bank of England, being introduced this year and next, the £20 note will be made of plastic. This extends a rich history of changing currency in the UK and worldwide.

Wall Street JournalHarriet Tubman to Be Added to $20 Bill
United States
April 20, 2016

Treasury Secretary Jacob Lew said Wednesday he would put abolitionist Harriet Tubman on the $20 bill, bowing to public pressure after a long-running campaign to solicit input on his initial proposal to put a woman on the $10 bill appeared to misfire.

Australian Broadcasting CorporationRBA announces new design of $5 note, with new features for security and vision-impaired
April 12, 2016

The Reserve Bank of Australia has unveiled the design of the new $5 banknote, which includes new security features to prevent counterfeiting. The new banknotes will be issued into circulation from September 1, 2016, although the RBA said it would take some time for the new banknotes to be widely circulated.

"Innovative new security features have been incorporated to help keep Australia's banknotes secure from counterfeiting into the future," RBA Governor Glenn Stevens said in a statement.

"As can be seen in the images, these include a distinctive top-to-bottom window."

Reserve Bank of AustraliaNext Generation of Banknotes: $5 Banknote Design Revealed
April 9, 2016

The Bank has today released images of the new $5 banknote that will be issued into circulation from 1 September 2016. The images show the basic design artwork of each side of the banknote. As previously announced, key aspects of the existing design – colour, size and people portrayed – are retained for ease of recognition and to minimise the disruption to businesses. There is a new ‘tactile’ feature to help the vision-impaired community distinguish between different denominations of banknotes.

BBCNew 12-sided £1 coins start being made by Royal Mint
United Kingdom
March 31, 2016

Pocket money may look a bit different this time next year because the £1 coin is changing. The new one will have 12 sides instead of a smooth, rounded edge.

It's the first time the pound coin has been changed in more than 30 years. The Royal Mint, who produce all of our coins, say the new design will make pound coins harder to illegally copy.

Daily TelegraphRoyal Australian Mint releases one-off Australian ‘quarter’ coin to honour war veterans
March 27, 2016

For the first time Australia will get its own 25 cent coin, but you’ll probably have a better chance of finding one in a collection than in your change at the local corner shop.

The Royal Australian Mint will produce more than one million “quarters” in an exclusive one-off release and although they will be legal tender, the unique gold coins are unlikely to end up in circulation as general currency.

The new coins will feature designs based on photos of the significant military moments in Australia’s history and will be made available as part of Anzac Day commemorations.

Anglican Communion News ServiceQueen breaks with tradition for Royal Maundy in her 90th year
United Kingdom
March 24, 2016

Queen Elizabeth II has today taken part in the traditional Royal Maundy service in which small purses of money were given to a selected groups of pensioners; but in a break from the usual tradition of visiting a different cathedral each year and selecting recipients from the local dioceses; to mark her forthcoming 90th birthday the Queen held the ceremony in Windsor Castle’s St George’s Chapel and the elderly recipients were selected from throughout England.

BBCWhy is this coin worth $10m?
United States
March 17, 2016

A US silver dollar worth more than $10m has gone on display in London. But what makes this coin the most valuable in the world?

It measures 4cm (1.6in) across and would make $12 if sold for scrap silver today, but the "Amon Carter" Flowing Hair Silver Dollar is a record-breaker. It was bought by a private collector in 2013 for $10m (about £7m).

BBCWhich banknote has ‘sex’ secretly written on it?
March 13, 2016

One day in 1967, 12-year-old Rezwan Razack was nosing through his grandfather’s iron safe in Bengaluru, India, when something unusual caught his eye. It was a wad of banknotes with the word ‘cancelled’ stamped on each.

Amongst the bundle were a few Reserve Bank of India notes with a portrait of King George VI on the front. They had been cancelled with a rubber stamp reading “Pakistan Note Payment Refused”. The little boy’s find triggered a lasting curiosity about paper money that couldn’t be used as legal tender.

Bank of EnglandNews Release - New £5 note design to be unveiled in June
United Kingdom
March 10, 2016

Victoria Cleland, the Bank of England’s Chief Cashier, announced today that the Bank will unveil the design of the new five pound banknote on Thursday 2 June 2016.

In her speech at the Retail Business Technology Expo in London, Victoria outlined the benefits of polymer banknotes and how businesses can best prepare for their introduction in September.

PkRevenueState Bank asks general public to exchange old design banknotes by Nov 30
March 9, 2016

State Bank of Pakistan (SBP) has asked the general public to exchange old design banknotes by November 30, 2016.
In a press statement issued on Tuesday, the SBP said that as per federal government’s Gazette Notification dated 4th June, 2015, the old design banknotes will cease to be legal tender with effect from December 01, 2016.

BBCBrand new Beatrix Potter coins to be released
United Kingdom
Feb. 29, 2016

The Royal Mint are making a series of special coins to celebrate the 150th anniversary of the birth of Beatrix Potter. Beatrix Potter was a famous author who wrote children's stories about lots of different animals, like Peter Rabbit, Squirrel Nutkin and Mrs Tiggy-Winkle.

Four coins will be made featuring different characters from her stories, and a special collector's 50p coin showing a colour picture of Peter Rabbit will also be released.

Australian Broadcasting CorporationFive cent coin on chopping block as Australia marks 50th anniversary of decimal currency
Feb. 14, 2016

Five cent coins could be on their way out 50 years after decimal currency was introduced, according to the head of the Royal Australian Mint. Earlier this week, mint chief executive Ross MacDiarmid flagged a makeover for the 50 cent coin, due to issues with the 12-sided piece's size.

Today Mr MacDiarmid said the five cent piece could also be on the chopping block, probably not being produced in five to 10 years' time.

Australian Broadcasting CorporationAustralia's 50 cent coin 'likely to undergo redesign'
Feb. 13, 2016

The 50 cent coin could be set for a makeover 50 years after it was first introduced. Chief executive of the Royal Australian Mint Ross MacDiarmid tipped that there was likely to be a review of the coin's design within the next year. Mr MacDiarmid said one of the major issues with the 12-sided piece was its size.

Royal Australian MintMint makes decimal currency history with the flip of a coin
Feb. 11, 2016

The 14th of February marks the 50th anniversary of the introduction of the decimal currency - the move from pounds, shilling and pence to dollars and cents.

The Assistant Minister to the Treasurer the Hon Alex Hawke MP has announced that history will be made this year by the Royal Australian Mint (the Mint) with a special release of the entire suite of Australia’s circulating coins to feature commemorative designs recognising the 50th anniversary of decimal currency.

With over 5 million of each denomination entering circulation, this announcement makes history in more ways than one with the designs appearing on the ‘heads’ of the coin along with the effigy and it being the first time unique designs have been applied to the 5 and 10 cent coins.

Reserve Bank of AustraliaNext Generation of Banknotes: Issuance Date for the New $5 Banknote
Feb. 11, 2016

On the occasion of the 50th anniversary of decimal currency, the Reserve Bank is pleased to announce that the first of Australia's next generation of banknotes, the new $5, will be issued from 1 September 2016.

One feature of the new designs is the depiction of a different species of Australian wattle on each denomination. National Wattle Day, 1 September, has therefore been chosen to issue the new $5 banknote. Full details of the design will be revealed in the middle of the year.

The Sydney Morning HeraldCoin designer Stuart Devlin reflects on decimal currency's 50th anniversary
Feb. 7, 2016

Decimal currency's arrival on St Valentine's Day 50 years ago required a public education program. Simple enough. "Even morons can count up to 10", a business academic helpfully offered at the time. Clearly, a little more sophistication was required.

Agenda.geBrighter money: New Lari banknotes released today
Feb. 1, 2016

Modernised 20 and 50 GEL (Georgian Lari) banknotes in bright new colours and sizes are coming into circulation today around the country, announced the National Bank of Georgia (NBG).

The new money had high-tech security features and was better protected from fraudulent copying. The bills were also of better quality and met top international standards.

The Irish TimesCommemorative €2 coin released to mark 1916 centenary
Jan. 20, 2016

The design of the State’s commemorative €2 coin has been unveiled to mark the centenary of the 1916 Easter Rising and the Proclamation of the Irish Republic. The Central Bank will release 4.5 million of the coins into general circulation from Wednesday.

The design by Emmet Mullins beat submissions from 52 Irish and international designers to be chosen for the project. It shows a representation of the statue of Hibernia (the historic personification of Ireland) on top of the GPO with the centenary dates.

Perth MintPerth Mint re-creates Stuart Devlin’s 1c & 2c coin designs in silver to mark 50th anniversary of decimalisation
Jan. 5, 2016

In celebration of the 50th anniversary of decimalisation, The Perth Mint is delighted to reveal that it has been authorised to revive Stuart Devlin’s feathertail glider and frill-necked lizard designs in silver for a special 50th anniversary of decimalisation set.

Issued as Australian legal tender, each coin is struck from 1oz of 99.9% pure silver. The reverse of both coins includes the initials ‘SD’, as well as The Perth Mint’s ‘P’ mintmark.

BBCNew coins for 2016 to feature Shakespeare and Beatrix Potter
United Kingdom
Jan. 1, 2016

Images representing Shakespeare plays and Beatrix Potter tales will be among those featuring on coins in 2016, the Royal Mint has said. The coins are meant to give a snapshot of Britain over the past 1,000 years.

The histories, comedies and tragedies of Shakespeare will be depicted on £2 coins, 400 years after his death. A 50p coin will honour Beatrix Potter to mark the 150 years since her birth, while another commemorates the Battle of Hastings, 950 years ago. A picture of the Great Fire of London will be embossed onto a £2 coin to mark the event's 350th anniversary.

BBCCash is king for the future, says UK banknote printer De La Rue
United Kingdom
Dec. 30, 2015

You might not know the company’s name, but you are definitely familiar with its biggest product – the £64bn of UK banknotes in circulation.

De La Rue is the company which produces the £5, £10, £20 and £50 notes for the Bank of England; and despite the rise of contactless payment and people’s willingness to pay by plastic, it has no worries about the future of printed money.

The GuardianZimbabwe to make Chinese yuan legal currency after Beijing cancels debts
Dec. 22, 2015

Zimbabwe has announced that it will make the Chinese yuan legal tender after Beijing confirmed it would cancel $40m in debts.

“They [China] said they are cancelling our debts that are maturing this year and we are in the process of finalising the debt instruments and calculating the debts,” minister Patrick Chinamasa said in a statement.

Chinamasa also announced that Zimbabwe will officially make the Chinese yuan legal tender as it seeks to increase trade with Beijing.

The GuardianZimbabwe to make Chinese yuan legal currency after Beijing cancels debts
Dec. 22, 2015

Zimbabwe has announced that it will make the Chinese yuan legal tender after Beijing confirmed it would cancel $40m in debts. Zimbabwe abandoned its own dollar in 2009 after hyperinflation, which had peaked at around 500bn%, rendered it unusable. It then started using a slew of foreign currencies, including the US dollar and the South African rand.

The IndependentRoyal Mint produces last ever round pound coin
United Kingdom
Dec. 18, 2015

The last batch of round pound coins has been produced at the Royal Mint. Round pound coins are being phased out to make way for a new 12-sided £1 coin that will enter circulation in 2017.

The replacement is being touted as one of the most secure in the world by the Royal Mint. It will feature microtext around the edge, a different shape and size and two colours, not dissimilar from the existing £2 coin. The current UK pound coin was first minted in Llantrisant in 1983 as a replacement for the £1 note, which was phased out five years later. The final batch will come off the same production line at the Royal Mint in the county borough of Rhondda Cynon Taf in South Wales.

BBCLast round pound coin minted
United Kingdom
Dec. 16, 2015

The Royal Mint is producing the final round pound coin on Wednesday. It is more than 30 years since the now familiar gold-coloured coins were first minted. The new-look replacement will be brought into circulation in 2017.

India TodayNarendra Modi releases Rs 125 coin: Some unknown things that you must know
Dec. 7, 2015

Prime Minister Narendra Modi has released two commemorative coins of Rs 125 and Rs 10 on December 6, 2015, in the memory of Dr. Babasaheb Ambedkar. On Mahaparinirvan Divas, Narendra Modi released the coins and paid tributes to Babasaheb Ambedkar. Commemorative coins are coins which are released with an objective to commemorate and celebrate an occasion or an event. In past five years, the government has released many coins and of different figures.

Reserve Bank of IndiaRBI to issue ₹ 500 banknotes with inset letter ‘R’
Dec. 4, 2015

The Reserve Bank of India will shortly issue ₹ 500 denomination Banknotes in the Mahatma Gandhi Series-2005 with inset letter 'R' in both the numbering panels. The notes will bear the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ₹ 500 Banknotes in Mahatma Gandhi Series-2005 issued earlier, including the additional features, namely, the ascending size of numerals in the number panels, bleed lines and enlarged identification mark on the obverse. The notes with these features were introduced for the first time in September 2015.

All the Banknotes in the denomination of ₹ 500 issued by the Reserve Bank in the past will continue to be legal tender.

BBCRoyal Mint create first ever £50 coin
United Kingdom
Dec. 1, 2015

A special £50 coin has been created to help celebrate the Queen becoming the UK's longest reigning Monarch.

Earlier this year the Queen smashed the record for reigning for more than 63 years and 216 days. The silver coin has been made by the Royal Mint, who make all of the UK's money.

This is the first time they have made a £50 coin which also has a face value of the same amount. The coin features the latest portrait of the Queen and a picture of Britannia, a lady who since ancient Roman times has represented the UK.