The Royal Australian Mint kicked off the introduction of a new circulating one dollar coin and a series of new collector coins with a gigantic and symbolic coin commemorating the Centenary of Scouts Australia.
The model coin was the largest ever produced by the Mint at an impressive 400 times the size of the normal one dollar circulating coin.
Its unveiling appropriately took place in front of a group of children and young adults who represented various scouting groups across Australia.
Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, made several comments at the ceremony.
“Scouts Australia was founded 100 years ago. We all know just how big a part of our culture the Scouts have become since then, with over 60,000 scouts spread across the country.
“Launching this coin is a perfect way for everyone in Australia to remember the achievements and contributions of the scout movement founded by Lord Baden Powell over the past century. The Government is very happy to recognise this incredible contribution and has declared 2008 the Year of the Scout.”
“Today, this giant coin is symbolic of the equally giant contribution that Scouts have made to Australia …"
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An 1880 Japanese gold coin with a face value of ¥2 was expected to sell for millions when auctioned by Japan’s Finance Ministry. An article last Tuesday about the coin in The Japan Times Online said everything in its title, Ministry hopes 1880 ¥2 coin fetches 10 million times that. ¥20 million was the expected take.
Not bad for a small coin that is 16.97 mm in diameter and weighs 3.33 grams.
A noted coin dealer in Tokyo’s Ginza district, Toshio Takeuchi, chairman of Ginza Coins Co., was quoted as saying:
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A newly introduced Senate bill would create commemorative coins to celebrate the establishment of United States Army, its heritage and role and to honor the men and women who serve and have served.
The bill was first introduced on January 30, 2008, by Senator Daniel K. Inouye [D-HI] and cosponsored by Senator James M. Inhofe [R-OK].
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Over the weekend the Royal Canadian Mint (RCM) exhibited the world’s largest gold coin in the United Arab Emirates (UAE).
The Guinness World Record gold bullion coin:
- Has a $1 million face value
- Weighs in at 100-kg (220 pounds)
- Contains 99.99 percent pure 24-karate gold
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Archaeologists don’t expect to find gold in the middle of a downtown city, but that’s exactly what they did find.
Main Plaza is the historical center of downtown San Antonio. Texan construction crews have been working in the area for months in revitalization efforts for the Main Plaza Redevelopment Project. The area is the oldest part of San Antonio and designated a historical site.
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Vibrant American Bald Eagle coin designs were released December 5th, 2007 and the US Mint pulled away the curtains to offer them for sale on January 15, 2008.
A $5 gold coin, a $1 silver coin and a half-dollar clad coin all honor the American Bald Eagle in 2008. These three coins are also issued in special commemorate Proof and Uncirculated versions. Information, high quality coin images, prices and ordering information are below.
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It’s always nice to hear about the generosity of one’s neighbors. It’s perhaps more special — and certainly unique — for collectors when you hear of a collectable coin freely donated during the holidays.
In this case, a one-half ounce American Eagle Gold coin was dropped into a Salvation Army kettle. There’s was no word on whether it was a Proof or Uncirculated coin, but you’d suspect it was the latter.
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It’s been nearly a month since CoinNews.net first discussed, as I initially described, “The Million Dollar Wonder Coins”. They were made by the Royal Canadian Mint and each coin:
- Weighs in at 220 pounds
- Contains 99.99 percent pure 24-karate gold (worth over $2 million)
- Has a Canadian face value of $1 million (~$940K US)
- And is pizza-sized, as described by the seller
A-Mark Precious Metals, Inc., an Irvine company purchased three of the “coins” from the Royal Canadian Mint.
Get ready to pull out your checkbook! It was just announced that its sister company, Teletrade, Inc., (www.teletrade.com) will auction one of coins through the launch of their TeletradeDirect® service, starting July 30th.
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