Daily Archives: June 16, 2009
Gold Rises First Day in Three, Silver Advances
US Mint Gold Coin Prices Set to Decline Wednesday
Numismatic News: Cheerios Dollars, Mint Gold, Baltimore Show
Austrian Railways Series Steams Forward with Electric Train Silver Coin
The fifth coin in the series "Austrian Railways" to be issued on 17th June, 2009, is dedicated to the electric train. What began as a fair ground attraction in 1880 in the Vienna Prater rapidly became the most revolutionary step in transportation since the harnessing of steam almost a century before.
The first electric train in Austria was a small locomotive circling in the great exhibition pavilion in the Prater on the occasion of the Emperor Franz Joseph's 50th birthday. The same monarch issued a licence two years later in 1882 for the first public electric railway.
It used direct current and was a five kilometer long stretch carrying day-trippers from the country town of Mödling into the popular Brühl valley. Other short branch lines soon followed. The introduction of alternating current proved the most reliable for longer railway lines, and in 1911 electric engines using alternating current were put into service on the 90 kilometer stretch to the pilgrimage centre of Mariazell.
2009 UK Henry VIII £5 Anniversary Coins Launched
Celebrating the 500th anniversary of the ascension of a king considered to be controversial at the least, the Royal Mint has issued the 2009 UK Henry VIII £5 coins. These coins are available in platinum, gold, silver and cupro-nickel.
Dave Knight, Director of Commemorative Coins at the Mint, explains the choice for these commemorative coins:
"Love him or hate him, Henry VIII is undoubtedly one of history's most influential monarchs. His reign changed the face of England forever and we felt it was essential that this remarkable period of history was commemorated with a lasting and treasured memento."