‘NUMISNET WORLD’


Volume 14 Issue 6           Formerly published as the 'Tasmanian Numismatist' - Internet Edition' (Est. 1996)             June 2009


'NUMISNET WORLD'

INTERNET EDITION

Edited by Graeme Petterwood. © 2009.

 

Remember - be astute when you are handed change - not all the wonders of numismatics have been discovered yet - and they don't have to be shiny and new! This edition again features an assortment of  'trivia'  that I think is of interest and I trust it will prove educational and entertaining to you as well. 

All or any prices quoted in articles in this newsletter, unless stipulated, are estimates only and they should not be considered to be an offer to sell or purchase the items mentioned or used as illustrations. 

Wherever possible - illustrations are from the authors' own collection or the extensive picture library of the former 'Tasmanian Numismatist'  local and Internet editions and the  'Numisnet World' - Internet Editions. © 1996 - 2009.

(Fair 'acknowledged' use of any scan is allowed for educational purposes.)

Please note that the photoscans of items are not always to size or scale.

 

Any comments published in this privately produced newsletter do not necessarily reflect the views of the 'Numisnet World' (Internet Edition) nor its Editor.

Bearing in mind our public disclaimers, any Internet links selected by the authors of this newsletter, are usually provided as a complimentary source of reference to the featured article in regard to:

(1)     Illustrations

(2)     To provide additional important information. 

These items may be subject to existing copyright.

 

Please consider my conditional invitation to make a literary contribution if you feel you have something numismatically themed that may appeal to a general level of interest and fulfills our stated editorial guidelines.  However, please be aware that not every submission will be automatically accepted for publication. As Editor, I am always prepared to look at it - and if need be - assist in presentation.  We regret the imposition of 'editorial control' - but previous experience has neccessitated the following conditions.

If common courtesy, and normally acceptable moral standards are not upheld, or, the subject matter is considered to contain plagarized or defamatory content, or, if it is not considered 'generic' enough for this type of newsletter, or, if the subject has already been covered in depth in earlier editions - it may be refused, held aside or selectively edited.  This is, obviously, not a scientific-style journal - our object is to educate, certainly - but, hopefully, in an entertaining way for the average hobbiest collector.  - G.E.P.

PLEASE NOTE - RE-STATED DISCLAIMER: Where on-line web-site addressess are supplied, they are done so in good faith after we have checked them ourselves - however, our readers are advised that if a personal decision to access them is made - it is at your own risk.

 

************************************************************

 VIVE - POUR LES PETITES DIFFERENCES !!

 OBSERVATIONS FOR NEW COLLECTORS.

AUSTRALIAN PRE-DECIMAL CIRCULATING COINAGE .

 

I would suppose that one of the greatest attractions in this hobby - the one that starts most of us on our lifetime collecting career -  is the differences that we encounter even amongst the most basic, and often mundane, items in our coinage and currency.  There are always differences - intentional or accidental - that make us 'keep on our toes' - or, probably, more accurately speaking, 'to keep our eyes peeled' - whatever those terms might actually imply - as we go about the business of handling our daily 'bread'.

 

Personally, I started off my own accumulation in the early 1950's or so - but in a very haphazard way, as amateur usually do. 

What I do remember, of those teenage years, is that I had my first encounter with a travelling numismatic dealer who came to town, stayed at a pub, and bought up a lot of local collections - including a few coins of mine. 

Ironically, I met him again in later years, and bought several similar coins from him. The gentleman concerned is one of the better dealers who have proven their worth over the years, and whilst I would never begrudge his accumen nor dispute that he gave me a reasonably fair deal at that time, knowing what I know now - I wish I had stayed home that night half a century ago!

However, in retrospect, it taught me a valuable lesson -  one I'll never forgot - I belatedly realised that there was good money in collecting money and, that the more I knew, the less chance I had of being in the situation of allowing something with potential to slip through my fingers again.

 

Just before the news broke that Australian was going to go decimal in 1966, I had already started to get a lot more interested in the toffee-tin of loose change I had gathered from friends - and a few strangers - who had brought home coins from various exotic places -  and, of course, the 'family heirloom' coins and tokens that I had inherited from my ancestors. To others it may look like 'junk' - but believe me when I say that it is my treasure.

(Refer:- http://www.vision.net.au/~pwood/jan03.htm )

 

Initially, when I started seriously collecting our own national coinage in the early 1960's, it was by date and denomination, from the circulating coins that passed through my pocket each day - and, luckily, I was also allowed to access the daily money 'float' at the business I worked for as Shop Manager.

I was able to put together a reasonable range, fairly quickly, of the King George VI and Queen Elizabeth II coinage and even a few battered, well-worn King Edward VII and George V coins came my way.

My former boss was, and still is, a good bloke - a lifetime friend, who also became a collector - no! I'll rephrase that - he was shrewd enough to listen to my advice and to become an accumulator of the Silver coinage - and he had piles of it, when it counted, in larger years when the price of Silver sky-rocketed.

 

Of course, the quality of each coin I gathered was debatable, as I had no idea of grading at that time - if it was even less than shiny - it was good enough and I would then be looking for another date! That was my collecting goal - just one of everything!

I had no idea that varieties existed - and it certainly never entered my head that faulty coins would ever get into circulation!

 

I forget where I originally got it from, but, I have a large jeweller's plush-lined 2 tier carry box with many small shallow compartments  - I found it very useful, and  I used it occasionally when I sorted accumulations that occasionally came my way.  In fact, the memory of it - as I wrote - prompted me to look for it - and I found it had a few rows of forgotten Copper-Nickel small change still ensonced in the bottom tier -  probably over AUD$10 - in 5 and 10 Cent coins.

That box was probably my first collecting 'tool' - except for the obligitory cheap plastic magnifying glass to read the dates on the Threepences.

How things change!

It wasn't long before I realised that certain dates were hard to come by - and some older ones were so plentiful as to be an embarrassment.

Being an inquistive sort of person, I decided I MUST know why some coins were so scarce while others were so readily available - so, many years ago, in the early 1960's just prior to the introduction of decimal currency to Australia, I invested in a 'pre-loved' Rennick's coin catalogue - at the exhorbitant price of Seven Shillings and Sixpence (75 Cents) and - boy! - were my eyes opened.

The details about 'Mintage figures' answered one of my original questions - but then 'mintmarks', 'commemorative issues', 'varieties' - and the fact that Oz silver coinage actually went back to 1910, whereas, the Bronze didn't start until 1911 - Why!? 

These things caught my undivided attention - well, not quite - I was young then with a fair bit of life's adventures that I needed to fulfill  - but, it was also about  then, that the 'numismatic' bug started to bite - and I realized I had been just 'playing' prior to that!

I had an awful lot to learn - and, here I am, still asking questions - nearly 50 years on.

 

You don't need to be an Australian to collect Australian coins anymore than I need to be a multi-national to cater for my 'magpie' tendencies.

However, I do suggest that any aspiring numismatist should get his own 'home-grown' coinage and currency into some semblence of order first -  a nice, readily available, local area of collecting  that it can be built upon as you have time and finances to improve your asset - because an asset  it will become.

(From our last 'Numisnet World' issue you will have seen that there is a lot of extra work involved in making a collection into a 'joy' to view and still be storage safe.) - Refer: http://www.vision.net.au/~pwood/april09.htm

 

Firstly - Obtain a good catalogue or two - even a pre-loved one is better than nothing.

However, I highly recommend the dedicated Australian ones mentioned at the end of this article. Their acquisition should be one of the first items of business.

Knowledge will take you to the top of the class!!!

 

Secondly - Set your first goals.

Think about what you want to collect - chose a couple of different fields within the hobby to give youreslf some collecting variety. If one area 'dries up' - you can change to the other to avoid the biggest threat from occuring - that of numismatic boredom! 

Remember - nothing is really out-of-bounds within numismatics - you can gather banknotes, tokens, medallions, medals as well!

 

Thirdly - Be adventurous - but cautiously!

Be aware that not all people are as fair and honest as you are as you search for those elusive treasures to hoard away and gloat over.

There is a saying 'Caveat Emptor' - which means 'Buyer Beware'!  This is a hobby that is still thriving in these uncertain times - big money can be involved - and, as the famous entrepreneur Barnum once said: "There's a sucker born every minute!" 

You will meet all sorts of rip-off merchants - some more blatant than others - and you will make some mistakes in judgement - but this is the sort of human error thing that can happen in any field - so learn from the mistake and move on.

You will find that errors become less frequent - and winning streaks become the norm.

Time heals all wounds! - but it is far better to avoid the sharp points if you can - and if it feels wrong - back off until you know all the dangers. You will learn !

 

Well! Enough said about my brief introduction to this most fascinating of hobbies -  so let's start at home - and get down to business with those 'differences' that are hidden within the pre -decimal era of Australian coinage!

 

MINTMARKS & DESIGNER'S INITIALS.

With the exception of a few fairly obvious designer's initials, the pre-1966 Imperial Australian 'issued for general circulation' coins appear strangely bereft of mintmarks - until you know what to look for. The tiny letters - there are only a few - that appear on Australian coins should not be confused with the designer's initials (as shown below) as they are legitimate mintmarks. The ones that will attract your attention are: H;  I;  S;  D and PL.

As previously mentioned, a good illustrated catalogue will make life a great deal easier - and should be obtained at the first chance you have.

 

MINTMARKS

When Australia cast off it's colonial ties from 'Mother England', and started to use its own unique currency, we still had to rely on the working capacity of mints in places within the British Empire to initially supply us with the huge amount of coinage we needed to keep the wheels of commerce turning.

For a while, we had to make do by still using whatever old British coinage was still available to us.

In 1910,  the first of King Edward VII's  Silver coins, produced at the Royal Mint in London, arrived in the new Commonwealth.  From 1910 until 1916, when our own manufacturing capacity grew and was able to handle the demand - all Australia's new Silver coins were minted in London, Birmingham or in India - but, after that time,  they were mainly produced in Sydney, Melbourne or Perth.

In 1951, a series of Silver coins was produced at the Royal Mint in London and mintmarked P L .

Whilst most of the Australian coins were not marked with identifying letters - there was the letter  - M - on Silver conage made at Melbourne Mint from 1916 - 1921. The was also a privy system of specially placed dots did indicate the origins of some coins - from Perth Mint  - which utilized a Dot after the word ' .. Penny' on Bronze coins. These deliberately-placed Dots are not to be confused with manufacturing flaws that occasionally come to notice.

 

A typical amateur's accumulation of pre-decimal, well-circulated, Australian Bronze Half-penny and Penny coinage.

 

Some coins manufactured in places other than Australia also bore letter mintmarks - those made in Calcutta or Bombay bore a letter - I - to designate that they were made in India while others, produced by Ralph Heaton in Birmingham, bore the letter - H - and some coins, as mentioned, were marked with the letters P L  (an abbreviation of the Latin term 'Pecunia Londinio' - Money of London) which were sometimes separated, but always on the same level - often above the date within the design.

During WWII - the decision was made to place orders with San Francisco and Denver mints in the U.S. for the supply of Silver coinage, dated 1942 -3 -4, which was to be replaced at the cessation of hostilities against the common foes of that era. These coins were Reverse mintmarked with the letters S or D

 

The following simple fast-find Table that I have constructed highlights the main items that will come to your attention. There are others!

These are the relatively common types - you will need to check the different coin denominations but the dates will give you an idea of what might be found at a certain time.

For instance, some early Australian series of pre-Kangaroo Bronze coins minted in Melbourne and Sydney occasionally had an elusive Dot located over or under the Reverse scrolls. The Shilling of 1921 has a large Star located above the date  - it was intended to show a decrease in Silver content from .925 Sterling to .500  - which actually didn't happen at that time - but the Star remained for that issue.

Always refer to your recommended catalogues for full details. (See below)

 

1910  .925 Sterling Silver, no Bronze =  X

1911 - 1964  Bronze, .925 Sterling and .500 Fine Silver* =  X X X

*Between 1944 - 1946 the Silver content of Australian coinage was reduced from .925 Sterling down to .500 Fine - commencing with the Threepence from 1944, then the Sixpence from 1945, and finally the Shilling and Florin from 1946.

 

In 1966, when the replacement Copper-Nickel coins were introduced, as much of the balance of the Silver coinage as it was possible to collect in deposits etc. - especially the Threepence coin which had no decimal equivalent -  was gradually withdrawn by the Reserve Bank of Australia. The coinage with exact equivalents  - the Sixpence, Shilling and Florin (Two Shillings) continued to be circulated for some years and still make appearances.

The old coinage was sent to be melted down for its bullion value - and this created a shortage for collectors which is now being reflected in the prices requested by numismatic dealers for quality Silver small change.  Rarely are Sixpences, Shillings and Florins seen in circulation after 43 years of Decimal coinage - but, occasionally, 'stained ones' will turn up - usually at a local supermarket or corner store. 

 

* The .925 Sterling Silver Treepence and Sixpence coins were often inserted into Christmas puddings as a traditional 'lucky coin'.

Some families still maintain and use their little store of .925 Sterling Silver Threepence and Sixpence coins as a nostalgic reminder of Christmas' past.  I have my own family memories of a few of the tiny 1.41 gram x 16mm Threepencess that went for a trip down the 'little red lane' - as my children sometimes forgot to chew their Christmas Pudding in a race to get another piece!!  You know what kids are like!

In all cases, they transited the route OK - but few were sought at the other end of the journey.

These quality .925 Sterling Silver coins became scarce after 1952 and were often reclaimed for re-use, when found in the pudding, and exchanged for some other modern coin or two, or even a note, of higher value.  However, after 1952, it didn't take long for our Christmas Pudding devourers to discover that the new .500 Fine Silver coins tarnished a lot more as they were boiled up inside the traditional dessert - (they certainly weren't as nice, to suck the pudding from, as the older coins) - so the Queen Elizabeth II coins weren't often retained!

 

The accumulation (shown below), which includes a few items that may have been post 1952 Christmas Pudding coins, has its own little story.

It was acquired a few years back from a relative who had gathered a nice little hoard of mainly .500 Silver in fairly average circulated condition, but there were a few good pieces - as well as some 'pure shrapnel' bullion (fairly worthless to a collector). 

In this instance the price I paid was probably a bit more than they were worth at that time - but I knew the circumstances of the sale - and family is family

 

HOWEVER - If you are BUYING coins - such as this - from kitchen-cupboard hoarders - be aware that you will hear some fairly wonderous reasons why you should pay more than they are worth.  Most amateur sellers have extremely misguided ideas of the value of these bits and pieces.

By all means, give the seller a few minutes to state his/her case - and then explain the realities of the coin market economics as you know them - because they are possibly ignorant.  Many would not realize that some of the Silver is debased - or don't want to know!

Bullion value is often less than numismatic value - but both are above face value on reasonable coins - so you need to arrive at a level that caters for both expectatations - but don't fall into the obvious traps - or fall for blatant 'sob stories' from strangers - listen with your head as well as your heart.

However, being fair is still the way to go - you will never feel guilt that you might have ripped someone off if you put yourself in their shoes and use your common sense. Most times you will only want a portion of what is available - so the rest is just tying up your finances.

If you don't want the lot - make that clear at the outset. If a clearance is what is required - and you can afford to hold the stock - make a fair offer

Be prepared to take a knock-back on your fair offer - or your conditions of purchase - and, if that happens - and haggling has reached its final round, you should cut your losses and  suggest that they should try elsewhere if they are not satisfied. 

Be polite and patient  - it doesn't cost anything - you may have lost some time - but they may even come back to you when the realization sinks in that value for money is what it's all about and you know your business - and they may not get a better offer!

Being 'charitable' must be tempered with your own situation - you need to make a profit or save a dollar - and the knowledge of your hobby, and a fair application, will help you do that..  Does that sound somewhat naive?  -   So be it!  - You win some - you lose some.  It works for me!

 

If you are SELLING - do your homework before you seek a buyer and think about your decision carefully.

A catalogue retail price can usually be cut by 60% to reflect true market value as seen from a dealer's viewpoint - but it pays to read any current coin magazine to see if something is rising in price. Then remember those things that a buyer wants - he wants to make a reasonable profit and to save outlaying too much money - but most of all he wants what you have - or at least some of it..

Be prepared to haggle on a fair price - but don't say Yes! if you are not satisfied that you are getting it.

 

HINT - If the situation is suitable - ask your local friendly store-owner, or check-out person, to keep an 'eye peeled' for anything unusual.

 

A selection of well-circulated .925 Sterling and .500 Fine SilverAustralian coinage in various denominations and condition.

 

Simple 'fast-find' Table of dates of Bronze and Silver issues from various participating mints. 1910 -1964

Various denominations.

Coin Date

London

No Mintmark &

'Pecunia Londinium' - PL

Birmingham

Heaton  - H

unless stated

Calcutta

India - I

Sydney

No Mintmark

unless stated

Melbourne

No Mintmark

unless stated

Perth

'Dot'

unless stated

San Francisco

S

Denver

D

1910 x

 

           
1911 x x

 

           
1912 x x            
1913 x              
1914 x x x            
1915 x x x            
1916     x   x      
1917     x   x      
1918     x   x      
1919       x x      
1920       x x      
1921      

x x

Star

above date

x x      
1922       x x x

x

   
1923       x x      
1924       x x x x      
1925       x x x      
1926       x x x x      
1927         x x      
1928         x x      
1929         x      
1930         x      
1931         x x      
1932         x      
1933         x x      
1934         x x      
1935         x x      
1936         x x      
1937 * * * * * * * *
1938         x x      
1939         x x      
1940         x x

x

(Reverse)

Dot between designer's

K . G initials.

   
1941         x x x    
1942     x   x x x x x x x
1943     x   x x x x x x x
1944         x x xx xx
1945         x x (No Dot)  x    
1946         x x x x    
1947         x x x    
1948         x x x    
1949         x x x    
1950         x x x    
1951 x (PL) x(PL) x (No H)     x x x    
1952         x x x (Dot after Australia.)    
1953         x x x (Dot after Australia)    
1954         x x    
1955         x x x (No Dot) X    
1956         x x      
1957         x      
1958         x x      
1959         x x x    
1960         x x    
1961         x x    
1962         x x    
1963         x x    
1964         x x x    

 

DESIGNER'S INITIALS

The designer's initials, that were used, are usually located near or on the truncated neck of the monarch's bust on the Obverse and beneath or above the Kangaroo's tail on the Reverse of the post 1939 Bronze coinage - but with Australian Silver content coinage prior to 1938, the designer's  initials are located  in various positions -  if they are present at all.

The coinage of King Edward VII has the designer's initials located under the Obverse bust - but nothing is shown on the Reverse.

The designer's initials are not apparent on either side of any of King George V Silver coinage.. 

However, with the Silver coinage of King George VI - introduced in 1938 - the Obverses bore the designer's initials on all issues - and any Reverses that lent themselves to their designer's initials incorporation - with the notable exception of the Sixpence.

This omission of designer's initials on this Sixpence denomination can be accounted for - because the Coat-of-Arms reverse design was by  W.H.J. Blakemore and it was a carry-over from King George V  coinage - and that was also initial-less.

The Threepence Reverse has the initials placed about the 'ribbon' folds; the Shilling near the Ram's left horn; the Florin near the Emu's neck;  the Crown had the initials beneath the main feature.

The basic Bronze and Silver of Queen Elizabeth II was only reverse-marked - with George Kruger Gray's K. G initials - as a carry-over from the King George VI coinage pattern designs.

 

MONARCHS DEPICTED ON AUSTRALIAN SILVER COINAGE

 King Edward VII (1910) - King George V (1911- 1936) - King George VI (1938 - 1952) - Queen Elizabeth II (1953 -    )

 

THE AUSTRALIAN COINAGE DESIGNERS

The main designers of the old coinage were: 

KING EDWARD VII  (1910)

OBVERSE

D E S    George William De Saules

REVERSE

Designer's Initials - Not Shown    W.H.J. Blakemore

 

KING GEORGE V  (1911 - 1936) - BRONZE & SILVER COINAGE

OBVERSE

B M    Sir Edgar Bertram Mackennal

REVERSE

Designer's Initials - Not Shown    W.H.J. Blakemore

 

KING GEORGE VI  (1938 - 1939) -  BRONZE & SILVER COINAGE

OBVERSE

H P    Thomas Humphrey Paget

REVERSE

Designer's initials - Not Shown    W.H.J. Blakemore

 

KING GEORGE VI  (1939 - 1948) - BRONZE & SILVER COINAGE

OBVERSE

H P    Thomas Humphrey Paget

REVERSE

K G    George Kruger Gray

 

KING GEORGE VI  (1949 - 1952) - Change in Obverse Royal Legend. - BRONZE & *SILVER COINAGE (Excepting Sixpence denomination)

OBVERSE

H P    Thomas Humphrey Paget

REVERSE

K G    George Kruger Gray

 

KING GEORGE VI  (1950 - 1952) - Change in Obverse Royal Legend. - *SIXPENCE SILVER COINAGE ONLY

OBVERSE

H P    Thomas Humphrey Paget

REVERSE

Designer's initials - Not Shown    W.H.J. Blakemore

 

QUEEN ELIZABETH II  (1953 - 1954) - SILVER DEBASED TO .500 FINE

OBVERSE

Designer's initials - Not Shown    Mrs. Mary Gillick

REVERSE

K G    George Kruger Gray

 

QUEEN ELIZABETH II  (1955 - 64) - Change in Obverse Royal Legend.

OBVERSE

Designer's initials - Not Shown    Mrs. Mary Gillick

REVERSE

K G    George Kruger Gray

 

During the period from 1927 - 1954 , four commemorative Florin issues were produced -  as well as two large Crown (5 Shillings) coins

 

King George V - 1927 Canberra Florin - Obverse

Designer's initials - Not Shown    Sir Edgar Bertram Mackennal

1927 Reverse

K G    George Kruger Gray

 

King George V - 1934-5 Victorian Centenary Florin - Obverse

Designer's initials - Not Shown    Percy Metcalf

1934-5 Reverse

K G    George Kruger Gray

 

King George VI - 1937 Commemorative and 1938 Circulation Crown

H P    Thomas Humphrey Paget  (Obverse)

K G    George Kruger Gray (Reverse)

 

King George VI - 1951 Commonwealth Jubilee Florin - Obverse

H P    Thomas Humphrey Paget

1951 Reverse

Designer's initials - Not Shown     William Leslie Bowles.

 

 

Queen Elizabeth II - 1954 Royal Visit Florin - Obverse

Designer's initials - Not Shown    Mrs. Mary Gillick

1954 Reverse

W L B    William Leslie Bowles

 

RECOMMENDED CATALOGUES & MAGAZINES - available leading bookstores or selected newsagents.

"The Pocket Guide to Australian Coins and Banknotes" - compiled and written by Greg McDonald.

"Renniks Australian Coin and Banknote Guide" - compiled and written by various Editors.

"Renniks Australian Pre-Decimal Coin Varieties" - compiled and written by Ian McConnelly.

"The Australasian Coin and Banknote Magazine" - edited by John Mulhall. (11 issues p.a.)

 

 **************************************************

"AWORK STILL IN PROGRESS"

 

In company with many other older average hobbiest collectors - like myself - who once had young families to support, and who started their accumulations back in the 'olden days' - (how good they where!)- I found that, whilst it was financially difficult to take coinage out of my  trouser pocket and place it into a plastic pocket , it  was virtually impossible to contemplate opening my wallet and take out a note - even of low denomination -  and to stash that away. 

Starving my family was never my strong point - and it was a battle 'to make ends meet' in the 1970's.

In later years, that burden became a fraction less tiresome - and a few low value Australian notes became the basis of a my small collection.

 

With the advent of decimal currency imminent, in the mid 1960's - it became a more urgent task to try and save even more of the old style notes, but a growing family always took first place on my money train.  To say I went without - for both my family and my hobby - is right on the money!

Needless to say, it has taken me a very long time - and a lot of effort - to put together my incomplete range of Australian pre-decimal notes.

I will never get rich on what I have - there are no 'star notes' or 'rainbow notes' in my Australian collection - but my selection does give a reasonable representation of our more recent banknote history as experienced by most middle-class Australians as we went from Imperial to Decimal currency. 

It could be said that - "The notes of the masses are my notes!"

 

It is truly a 'collection' gathered by chance - obviously, it is now of some value - but it was never ever originally meant to be gathered as a financial investment. That consideration came much later - so I am thankful that , at least, I have manged to hold onto some of what  I have so paintakingly put together - mainly just because I was interested. 

It has become a small appreciating asset for my surviving family and their children and, no doubt, it will continue to grow in this type of environment for a while - however, the old saying about a collector being only a caretaker of his 'stuff' makes a lot of sense.  If it can do some good sometime in the future - and, perhaps, provide another 'caretaker' with the same sort of pleasure it has given me - it will have achieved its aim!

 

AUSTRALIAN PRE-DECIMAL PAPER BANK NOTES

I never said that they were pretty - in fact they are fairly ordinary if you compare them with all those 'Uncirculated' and 'Choice' items offered for sale at the quality dealers' establishments - but these are all mine and - mostly - obtained by personal collecting and 'little deals' with other local collectors and dealers.

They all have character and have seen life in the raw - some have even passed over pub bar counters and had soaked up more than the atmosphere, and others were found in the most humble of places - like a VF (with part of an office stamp inkmark) Coombs/Watt 1949 One Pound note(see below), in my late grandmother's 65th birthday card, which was found amongst her belongings years later when she passed away in 1976, aged 87.

Why she kept it for so long I have no idea - but I'm glad she did.

These bent and beaten historical pre-decimal notes have been featured previously in this newsletter - but it is nice to drag them out once more and give them a pictorial airing for any new readers.  Original illustrated text: http://www.vision.net.au/~pwood/july05.htm

 

Please note that, in this instance,some of  the author's own Illustrations have been reduced in scale to allow ease of viewing in this format..

However, the actual sizes of the held samples are noted - but -  bear in mind that note paper shrinks slightly as it ages and some older notes can vary by as much as a millimeter - particularly in depth. The average depth of post-Federation normal circulation notes, with a few early exceptions, is approx 8 mms.

 

KING GEORGE V

1934 - 36 Ten Shillings

King George V (lower edge tear - repaired  )- Depiction of Manufacture reverse.

Riddle/Sheehan (Commonwealth Bank of Australia- 1934 issue). Actual size 15.8 x 8 cms.

 

1926 - 33 One Pound

King George V - Depiction of Capt. James Cook landing at Botany Bay reverse.

 Riddle/Heathershaw (Commonwealth Bank of Australia - 1927 issue). Actual size 18 x 7.8 cms

 

 

KING GEORGE VI

1939 - 54 Ten Shillings

King George VI (re-coloured note) - Depiction of Manufacture reverse.

Armitage/McFarlane (Commonwealth Bank of Australia - 1942 issue). Actual size 13.6 x 7.5 cms

 

1938 - 53 One Pound

King George VI (dark green note and green signatures) - Depiction of Pastoral Wealth reverse.

Sheehan/McFarlane (Commonwealth Bank of Australia - 1938 issue). Actual size 15.6 x 8.1 cms

 

1938 - 53 One Pound

King George VI (lighter coloured note and black signatures) - Depiction of Pastoral Wealth reverse. (Stamp inkmark stain)

Coombs/Watt (Commonwealth Bank of Australia - 1949 issue). Actual size 15.6 x 8.1 cms - other samples can vary slightly by 1mm.

 

1939 - 54 Five Pounds

King George VI - Depiction of Commerce reverse. (reverse 'foxing' spots)

Armitage/McFarlane (Commonwealth Bank of Australia - 1941 issue). Actual size 18 x 7.8 cms

 

1940 - 54 Ten Pounds

King George VI - Depiction of Agriculture reverse.

Armitage/McFarlane (Commonwealth Bank of Australia - 1943 issue). Actual size 18 x 7.8 cms

 

 

QUEEN ELIZABETH II

1954 - 66 Ten Shillings

Matthew Flinders obverse - Old Parliament House, Canberra reverse.

 Coombs/Wilson (Commonwealth Bank of Australia - 1954 issue). Actual size 13.7 x 7.6 cms

 

1953 - 66 One Pound

H.M. Queen Elizabeth II obverse - Charles Sturt & Hamilton Hume portraiture reverse (same as below).

Coombs/Wilson (Commonwealth Bank of Australia - 1953 issue). Actual size 15.5 x 8 cms - other samples can vary slightly by 1mm.

 

1953 - 66 One Pound

H.M. Queen Elizabeth II obverse - Charles Sturt & Hamilton Hume portraiture reverse.

Coombs/Wilson (Reserve Bank of Australia - 1961 issue). Actual size 15.5 x 8 cms - other samples can vary slightly by 1mm.

 

1954 - 66 Five Pounds

Sir John Franklin obverse - Agricultural bounty and Aboriginal artifacts reverse.

Coombs/Wilson (Commonwealth Bank of Australia - 1954 issue). Actual size 16.7 x 8 cms - other samples can vary slightly by 1mm.

 

1954 - 66 Ten Pounds

Governor Arthur Phillip obverse  - Signs of Industry, Science and the Arts reverse.

Coombs/Wilson (Commonwealth Bank of Australia - 1954 issue). Actual size 18.1 x 8 cms

The model on this note was Karina Nartiss (nee Sar) originally from Latvia (1925 - 1985)

 

The story of the late Karina Nartiss (nee Sar) was originally told in the 'Australian Coin Review' - July 1988, but - many years later - it took well-known currency expert , numismatist extraordinaire and prolific author, Mick Vort-Ronald, to remind us of her involvement with the last paper 10 Pound note.

At that time in the 1950's, the Latvian-born immigrant, Karina - who had been trained as a dancer - was earning a living as a professional photograhic model, and she received a 10 Guinea payment (AUD$21.00) for the pose, in classical ballet robes, on March 22nd. 1952. 

She had no artist's copyright entitlements (they were signed over to the Commonwealth Bank of Australia as part of the deal) and she was not even told of the purpose of the photographs until just prior to the release of the note.  No credit of her involvement was ever publicly given out, until 1988 - three years after her death..

'The Australasian Coin & Banknote Magazine'  Volume 8, Issue 5 June 2005 - featured Mick's brief revival of her story - and, by putting it on record yet again, it will, hopefully, be enough to ensure Karina Nartiss' rightful place in Australian numismatic history.

 

Renniks 'Australian Coin and Banknote Guide'

Type illustrations showing some of Australia's pre-1966 public issue circulating banknotes in colour. 

 

Recommended Australian Catalogues:

"Renniks Australian Coin and Banknote Guide" - compiled and written by various Editors - since 1964.  Published by Renniks Publications.

"The Pocket Guide to Australian Coins and Banknotes" - compiled, written and published by Greg McDonald - since 1993 .

 

**************************************************

...and what comes next?

AUSTRALIA GOES DECIMAL

14th February 1966.

 

The year 1966 was indeed a momentous one for this writer -  on 14th. February 1966 the introduction of decimal currency occured in Australia and a few weeks afterwards my son made his appearance into our brave new world.  I always remind him that he came with 'Dollar Bill' - and that is why he is also deeply interested in numismatics - and not because I persuaded him in any way, shape or form. 

However, my grand-children - well may ask - "Who was Dollar Bill?'

 

With such a dramatic change to take place to our most common and familiar object - our money - it was deemed obvious, by the Government pundits of the day, that a method of education needed to be undertaken to enable a populace brought up on 'Pounds, Shillings and Pence' to assimilate the intracies of the decimal currency world. To explain the situation, several very public methods were adopted.

Copious reams of documents and carry-cards were printed and distributed to business' and institutions, as well as the general public, as part of  a massive education campaign commencing in 1963 - well before the first currency hit the streets.

A competition, of sorts, was held to decide of a name for our proposed new currency - and, after many innovative suggestions were considered - and some rather better 'tongue-in-cheek' ones from our usual larrikins - it was decided to remain conservative and go down the same track as our close ally, the U.S.A., and have Australian Dollars and Cents.

 

Once that hurdle was cleared, the hard advertising sell was undertaken - and one aid to education was the introduction of a symbolic little cartoon character named 'Dollar Bill' who bounced around the papers and TV (it was black and white in the 'olden days') - 'Bill' spouted a verse of two about how decimal currency - particularly the coversion of  Pence to Cents would not really disadvantage the Australian mums and dads.

 

The Government considered that, with assistance, most of us could probably count to 10 - but it worried that some people would keep converting 10 cents into 12 Pence and wonder where the extra 2 Pence has disappeared to. 

It all seems a bit silly now, in retrospect - but it did happen - and some older people were quite adamant that they wouldn't use the 'new' decimals because they would lose 2 Pence and that it was the Government that was getting it - or the shopkeppers would round the purchase prices to make more profits.

 

The disquiet forced the Government to declare that 'price gouging' would be dealt with most harshly - but those of us who lived though those times know that it was one thing to say it and another to actually implement it.  It's still known as 'business enterprise' in some quarters.

Beefing up of prices, by some unscrupulous traders, did occur - just as the pessimists foretold - but, in the main, the conversion rate was honoured as laid down in 'Dollar Bill's' little verse sung to the tune of a well-known Aussie song called 'Click Go the Shears' - which is, incidently, a sheep-shearing ballad.  A subliminal message, perhaps, from the Federal Government ?

 

In come the dollars and in come the cents
to replace the pounds, the shillings and the pence.
Be prepared folks when the coins begin to mix
on the 14th of February 1966.

Clink go the cents folks
clink, clink, clink. Changeover day is closer than you think.
Learn the value of the coins and the way that they appear
and things will be much smoother when the decimal point appears.

In come the dollars and in come the cents
to replace the pounds, the shillings and the pence.
Be prepared folks when the coins begin to mix
on the 14th of February 1966.

 

It was not only the man on the street that needed education - banks (and other financial institutions) also had to be acquainted with the new currency.

A series of paper training notes, in the prospective colours and sizes of the forthcoming circulating range, was supplied in sufficient quantities to allow bank tellers and other staff to familiarize themselves with the new currency notes (see below).

 

(top) - PAPER DECIMAL BANK TRAINING NOTES 1963

(bottom) - AUSTRALIAN PAPER DECIMAL CIRCULATION NOTES ISSUED BETWEEN  1966 - 96

 

These 1963 issue Training notes were printed on special banknote paper impregnated with coloured silk fibres.The paper was unused stock that had been reserved for a 5 Shilling note issue that did not eventuate in 1946 The special notes covered denominations of AUD$2.00 - $100.00 but,  for some reason,  the orange-ochre $1.00 was not included in the training range.


REFERENCES:

"Coin Web" - http://www.australianstamp.com/Coin-web/aust/decimal.htm

"The Pocket Guide to Australian Coins and Banknotes" - compiled, written and published by Greg McDonald.

"Collecting and Investing in Australian Coins and Banknotes - 2nd. Edition" - by Greg McDonald

 

**************************************************

TASMANIAN NUMISMATIC SOCIETY

 

VALE – FRANK HRINKROW

It is with deep regret we advise the passing of our long-term member and former Committeeman, Frank Hrinkrow, on 27th May, 2009 after a long illness. The Society, its members and his friends extend their deepest sympathy to his wife, Kathy, and his family. Frank joined the Society in June 1965 and was a dedicated numismatist who specialized in World coins – with particular interest in Balkan countries.  He rose to be a Committeeman for over 9 years – 6 of which he was acting as the Society's Librarian.

Frank will be missed by his colleagues at the Tasmanian Numismatic Society.

 

 

**************************************************

2009 January - June INDEX UPDATE

At this time of year,  we usually condense our General Index - from January to June -  and place it on an accessible Internet address that will be shown in our next issue. This is to provide fast link access to this year's newsletter details - and also save a small amount of space as we move forward.

The General Index from July to December will continue to be updated at the completion of each monthly issue as usual.

 

Archival copies of both 'Tasmanian Numismatist - Internet Edition' and the  'Numisnet World' (Internet Edition) can be located at:

http://www.vision.net.au/~pwood/aprilnews.html

 

**************************************************

GENERAL INDEX UPDATE.

'TASMANIAN NUMISMATIST - INTERNET EDITION' 1996 - June 2007

The detail of contents of the 'Tasmanian Numismatist' and 'Numisnet World' - Internet Editions can be seen at the following links. Copies of articles are usually available by email, upon request from the Editor or the original author - or, if directly accessed, subject to those copyright provisions laid down in our current terms of use.  Articles will not be posted by mail services.

 

Early issues of the 'Tasmanian Numismatist - Internet Edition', from 1995 - 1999. were permanently archived in 2000 and articles are not linked directly.

http://www.vision.net.au/~pwood/aug03.htm  - 1995, 1996 - 1997 (Volumes 1 and 2) Archived. Content detail only. (Articles can be emailed).

http://www.vision.net.au/~pwood/ept2003.htm  - 1998 - 1999 (Volumes 3 and 4) Archived. Content detail only. (Articles can be emailed).

 

By refering to the the 'Newsletter Archives' or 'Search' function located on the Home Page, you can directly access all Volumes.

http://www.vision.net.au/~pwood/tns.html  - January 2000 (Volumes 5 - to date).

In January 2006 it was decided to grant each new issue its own URL link. which would henceforth appear in the current Index for fast find:

http://www.vision.net.au/~pwood/mar07.html  - 2006 (Volume 11)

The final Index of the 'Tasmanian Numismatist - Internet Edition'

http://www.vision.net.au/~pwood/dec07.htm  - 2007 (Volume 12 - Issues 1 - 6)

 

 'NUMISNET WORLD - INTERNET EDITION' July 2007 - December 2008

Full details of initial 'Numisnet World - Internet Edition' (2007)

http://www.vision.net.au/~pwood/dec07.htm  - (Volume 12 - Issues 7 - 12)

For full details of 'Numisnet World - Internet Edition' (2008)

http://www.vision.net.au/~pwood/dec08.htm  - (Volume 13 - Issues 1 - 12)

 

**************************

'NUMISNET WORLD - INTERNET EDITION' Volume 14, Jan. - to date 2009

Issue 1. January 2009:- http://www.vision.net.au/~pwood/jan09.htm

The Numbers Game - Some tattered pieces of virtually worthles paper money that have numbers that we collectors  tend to notice.

Bank Note Varieties - and other things! - At first glance, they look the same - but then those 'little differences' become noticeable and we take a second look..

The Story Behind the Story - Cowra Breakout revisited. - A war story that took place within Australia and had been archived for more than half a century..

Fake Pounds Circulating in Great Britain - "Large quantities of fake One Pound coins are making life miserable for English shoppers" - E-Sylum.

 

Issue 2. February 2009:- http://www.vision.net.au/~pwood/feb09.htm

The Nations of Africa (Part I) - An illustrated series that  features some of the 53 nations that make up Africa - the numismatically forgotten continent.

Reserve Bank of India Anomaly?. - A small sequence inconsistency amongst RBI  Five Rupee notes from 1984 that needs an explanation - or did I miss it?.

The Philippine Islands 1941 - As the Pacific war descended upon it, the Philippines Emergency Currency Committees, in different provinces and cities, churned out million of Pesos to keep their economy alive. Much of it was 'rough and ready' currency printed under difficult circumstances - but it served its purpose and heralded the end of an era!

Blast from the Past.1999 - A gentle reminder, from an elderly Anchorage Coin Club member's article, about the common sense we need when we start becoming too blasé about our our collection and the way we go about maintaining it.

Internet News and Q & A's - It's a case of getting personal with people  - if possible - about their numismatic problems and we learn of a new Platinum Ducal release from the Duchy of Avram.

 

Issue 3. March 2009:- http://www.vision.net.au/~pwood/mar09.htm

Medeival Madness - Tudor Tantrums, - a closer look at my 5 medeival coins and the mysteries and frustrations they evoked.

Another Sort of Royalty - Avram - continuing our chat with HRH Prince John, His Grace the Duke of Avram about some of his previous Ducal issues.

The Nations of Africa (Part II) - An illustrated series that features some of the nations that make up Africa - the numismatically forgotten continent.

In Memorium - Jerry Remick III - numismatist extraordinaire (1926 - 2005)

Correction - The Nations of Africa (Part I) - A reader reminds us that the 'Gregorian' solar calendar is the Christian era calendar many of us now use.

 

Issue 4. April 2009:- http://www.vision.net.au/~pwood/april09.htm

Australian Small Change - Pre-decimal Bronze Treasures 1911-1964.-  a brief overview of notable items amongst pre-decimal Australian Bronze coinage

The Nations of Africa (Part III) -  An illustrated series that features some of the nations that make up Africa - the numismatically forgotten continent.

Out of the Shadows - a little glimpse of sunshine for a numismatic lost child fromTexas that didn't grow up to be a larger-than-life article even if it is big!

The Saga of 'Porky Pig' - the battered big old red plastic pig money-box that shares a prideful place amongst  my numismatic memories.

 

Issue 5. May 2009:- http://www.vision.net.au/~pwood/may09.htm

Zimbabwean Monetary Crisis - It all had to end somewhere, and it looks as if the 'wheels have fallen off' - at last. They may have run out of zeros!

Handy Hints - Special storages are sometimes neccessary - don't think that you are restricted to standard packaging - go outside the circle if need be!

Not Quite Money! - For those who came in late - another brief look at  the stuff that looks like money - but isn't quite....

 

Issue 6. June 2009:-

Vive! - pour les Petites Differences! - Sometimes they're obvious - but, at times you need to look very hard, because some coins have more differences that just the date!.

"Work Still in Progress!" - Australian Pre-decimal Paper bank-notes. - A collection that may take more than an effort to finish - and time is running out!

"...and what comes next? AUSTRALIA GOES DECIMAL" - What happened -  just prior to our changeover to decimal coinage and currency.

Vale - Frank Hrinkrow - the T.N.S. loses a long-time numismatic colleague and friend.

General Index Update - Refer next issue of 'Numisnet World'.

 

************************************************

'NUMISNET WORLD'

(INTERNET EDITION)

 

The 'NumisNet World'’ (Internet Edition) newsletter has been provided with space on this privately maintained Internet site and is currently presented free on a monthly basis with the aim of promoting the hobby of numismatics. 

The ''NumisNet World'' (Internet Edition) newsletter abides by the same basic guidelines suggested for the official 'Tasmanian Numismatist' newsletter.

The ‘Tasmanian Numismatist’ newsletter is the only official newsletter of the ‘Tasmanian Numismatic Society’ and it is published periodically and distributed by post, or hand delivered, directly to members of the Tasmanian Numismatic Society and selected associates and institutions. All matters pertaining to the T.N.S. are re-published with the permission of the current Executive Committee of the ‘Tasmanian Numismatic Society.

Any literary contributions or relevant and constructive comments regarding numismatics are always welcome.

Please note that all opinions expressed in material published in the ''NumisNet World'' (Internet Edition) newsletter are those of the authors, and not necessarily those of the Editor. 

ALL comments in linked articles are the responsibility of the original authors.

 

PRIVACY PROTECTION

The 'NumisNet World' (Internet Edition) newsletter complies with the Privacy and Personal Information Protection Act.

Under this act, information about individuals can be stored and published only if: the information is already contained in a publicly available document or if personal information has been provided by the individual to whom the information relates, and if that individual is aware of the purposes for which the information is being collected.

All information published by the''NumisNet World'' (Internet Edition) newsletter is either publicly available, or has been voluntarily provided by writers, on request from the Editor of the ''NumisNet World'  (Internet Edition) newsletter.

While the ''NumisNet World' (Internet Edition) newsletter may hold writers' addresses and other details for the purposes of communication and copyright protection, it will never make such addresses or details available to any member of the public without the permission of those involved.

The 'NumisNet World''(Internet Edition) newsletter also respects the privacy of our readers. When you write to us with comments, queries or suggestions, you may provide us with personal information including your contact address or other relevant information. Your personal information will never be made available to a third party without permission.

DISCLAIMER

All details of a commercial nature, organisations, items or individual arrangement to buy, sell or trade are provided in good faith as information only, and any consequent dealings are between the parties concerned. 

The 'NumisNet World' (Internet Edition) newsletter takes no responsibility for disagreements between parties, and also reserves the right to only feature information that it considers suitable in promoting the hobby to our readers. Deadline for any literary contributions or amendment to copy is 7 Days prior to the beginning of the month of publication.

COPYRIGHT

The contents of this Internet newsletter, and all prior issues - included the 'Tasmanian Numismatist - Internet Edition' - are copyrighted ©, but anything herein can be fairly used to promote the great hobby of numismatics; however, we do like to be asked by commercial interests if they wish to use any of our copy. 

This permission, however, does not extend to any article specifically marked as copyrighted © by the author of the article. Explicit permission from the author or the Editor of the  NumisNet World' '(Internet Edition) newsletter is required prior to use of that material.

 

The Editor,

Numisnet World - (Internet Edition). 

P.O. Box 10,

Ravenswood. 7250. Tasmania.

Australia.

Internet Page: http://www.vision.net.au/~pwood/tns.html

Email: pwood@vision.net.au