‘NUMISNET WORLD’


Volume 17 Issue 6        Formerly published as the 'Tasmanian Numismatist' - Internet Edition' (Est. 1996)     June 2012


'NUMISNET WORLD'

INTERNET EDITION

Edited by Graeme Petterwood. © 2012.

 

All or any prices quoted in articles in this free 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 (*enlarged or otherwise) are from the authors' own collection - or the extensive picture library of the former 'Tasmanian Numismatist' -  Internet Edition © 1991 - 2007.  and the  'Numisnet World' - Internet Edition. © 2007 - 2012.  

Krause-Mishler (KM) Standard World Catalogs - and McDonald and/or Renniks Australian catalogue numbers, are used where applicable.

*Please note that the photoscans of items are not always to size or scale. (Fair 'acknowledged' use of any original scan is allowed for educational purposes.)

 

Please, also, 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 fulfils our stated editorial guidelines. 

As Editor, I am always prepared to look at it - and if need be - assist in additional presentation. 

However, please be aware that not every submission will be automatically accepted for publication. 

We regret the imposition of 'editorial control' - but previous experience has necessitated the following conditions.

If common courtesy, and normally acceptable moral standards are not upheld, or, the subject matter is considered to contain plagiarized 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 hobbyist collector.  - G.E.P.

 

PLEASE NOTE - RE-STATED DISCLAIMERS:

Where on-line web-site Links or addresses are supplied, they are done so in good faith - however, our readers are advised, that, if a personal decision to access them is made - it is at your own risk.

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WHAT IS IT WORTH?

How many times have you been asked that question about a numismatic item?

The question - and possible answer - has always been controversial, depending on the interpretations of what the question actually means.

 

Does it mean true value -  the intrinsic worth - depending what material the item is made of?

Does it mean face value - the stated or implied worth of any coin or note - no matter its composition or state - indicating what it should be able to buy as basic circulating Legal Tender?

Does it mean non-circulating Legal Tender (NCLT) - those special or commemorative coins or notes not normally seen in circulation - nor, are they usually acceptable in normal trade - even if they are issued by the Mint and have a stated or implied value?

Does it mean collectible value -usually the estimated worth as a graded collectible, based on demand and a consensus of annual sales noted by reasonably qualified cataloguers, auctioneers and other pundits of the hobby!?

Does it mean market value - this is usually the 'catch-as-catch-can' amount you will have to pay for a collectible item on the more volatile secondary market - if you want it badly enough!?

Does it mean insurance value* - as most insurers will only offer 10% re-imbursement when a collection is included with normal household cover!?

Does it mean taxable value** - as a valuable item, do single coins, or collections, get assessed at true value, face value or collectible or market value? - and, who makes the final decision? Any experienced collector knows that an asset is only as valuable, as  the market deems it to be, at point of sale.

 

(*Most average collections are under-insured because of cost - particularly the valuation expenses connected with extensive holdings - which can be considerable; and, even if we can arrange a fair insurance estimate on our collection in the  - we always need to maintain that professional consensus value in writing in case we need to claim. Market fluctuations are also part of the insurance formula - and costly, frequent  updates are 'off-putting' - so we tend to procrastinate! More adequate cover can be obtained if an officially sanctioned valuation by a qualified assessor has been done - and additional premiums are forth-coming.)

(**The Taxman - on the other hand - is not very flexible and nor patient, but will take his slice, at the best price that can be justified, when he wants it!

When an 'expert' valuation is procured, the 'genie is out of the bottle' - particularly on a major accumulation - and the Taxman can ask for those details if he thinks he has due cause - and he may establish a case for his whack if we, or our agents, are tempted to sell for a profit at a later date. )

 

Any, or all, of the above questions - and more - can be asked by a collector or seller- and  - the answers that can be given, are just as varied - and all can be just as legitimate or speculative!

 

In most instances, common sense will play a big part in determining true worth!

Who, except a child - or a totally ignorant person - would try to buy a Sunday 'ice-cream' with a Gold Half Sovereign, for instance, just because it has a similar colour and is close in size (19.0mm) to our Copper-Aluminium Two Dollar coin (20.62mm).

Of course, it could happen - by a tragic mistake - but - work out the realistic odds! 

Always try to check on what you have in your pocket - before any items that could be deemed as 'collectibles' are  sold - or used to buy that 'ice-cream'.

 

Australian Frosted-finish 1980 Proof Decimal coins.

This common set contained - Bronze One and Two Cents - Cupro-Nickel Five, Ten, Twenty and Fifty Cents.

Face value  = 88Cents.

Issue price AUD$18.00 - Current 2012 catalogue price AUD$25.00

 

Individual Proof finish coins for 1980, for instance, are catalogued as being worth:- 1c ($4.00), 2c ($4.00), 5c ($4.00), 10c ($4.00), 20c ($5.00) and 50c ($7.00) - and, I was advised - in several instances - of loose samples of 1984 and 1990 Australian frosted-finish 20Cents Proofs (similar to above) that had mysteriously turned up, along with what appeared to be Proof $1.00 and $2.00 coins, in the local supermarket cash drawers.

I had a look - sure enough, they were also frosted Proofs - some had minute handling marks - and, I obtained all of them for face value.

The Aluminium-Bronze Dollars were not catalogued as individual coins, but, I estimate they would probably retail at about  $5.00 - $7.00 each these days.

 

Australian frosted-finish Proof decimal coins - found amongst supermarket change.

 

The two higher denomination coins were minutely scratched, and, those detracting marks would certainly lessen their appeal to a perfectionist. - but beggars like 'yours truly' can't be choosers. They are now safely tucked away from further abuse! 

As some of these basic design dates were not released for general circulation due to commemoration releases during those years, the reason for them to be used, in this manner, is moot - as they would still attract a considerable premium even in slightly impaired condition. My gain!

 

 For the record, Proof is the type of finish applied to a coin produced to certain very stringent, special-striking conditions performed by the Mint - the word does not actually guarantee the near perfect condition of a coin - although -  that is, normally, the case

The designation - 'Proof coin'  - does not actually denote the contemporary condition either! 

In some numismatically uneducated minds, there is a tendency to confuse a bright, shiny, brand new uncirculated coin with the tem 'Proof.'

The coins shown above are of a type - they are Frosted-finish Proofs - but, as mentioned, they are impaired and that lessens their value to a collector!

However, the term 'Proof' is now commonly accepted - and, virtually, used in most catalogues as a level of condition - to meet the 'expectation' of collectors as an example of outstanding workmanship - with absolutely no blemishes, whatsoever! 

I can understand the reasoning - but, I do know the difference and so should our readers.

 

Our Royal Australian Mint actually produces coins for other Pacific and Asian neighbours using similar-size blanks to ours - so, is it any wonder that some come back to us as travel left-overs.

If we take a close look at the Commonwealth coinage of New Zealand, Canada, Fiji  and Great Britain (et al ) - we will note that the sizes of some of these Queen Elizabeth II profile coins - past and present - shows that they are close enough to pass un-noticed amongst our Australian small change.

Annually, dozens of foreign coins have been unwittingly accepted by shop-keepers because of their size, general similarity in appearance - and the fact that they have a metal composition similar to ours.

If casual customers throw in a few 'left-overs from the big trip' small change coins - for instance, Thailand One Baht or Philippines One Piso coins  - these are often close enough in appearance to be mistaken for our  5 and 10 Cents coins - but, they are only currently worth about 3 and 2 Australian Cents, respectively, in exchange - and, if enough of these strays continue to turn up in takings, they will be an unacceptable handling impost on a business owner unless he has a friendly collector amongst his customers..

A handful of 'shrapnel' is just that - a heap of nuisance value metal, that banks won't want to handle.

 

A small selection of well circulated coinage

including 'supermarket shrapnel' collected locally!

 

In recent years, the amount of the more common, base-metal, lAustralian 'non-circulating Legal Tender' coins (and some old paper banknotes) turning up in the cash drawers has also increased, markedly, due to degrees of economic hardship.

These special nomads are usually accepted at face value even though they cost a lot more to obtain in the first place - but money is money to those that have need of an immediate cash-flow. People are even cleaning out their small change hoards - piggy-banks are taking a big hit - and, with so many commemorative circulation coins now commonly available, who could blame busy cashiers for thinking that any unusual bright and shiny Australian coin they accept is not just another new design! 

 

 

Australian average circulation - basic and commemorative - small change selection.

At any time, a part assortment of coins - like some of these - might be found in purse or pocket!

Average mintage items, in Uncirculated condition, will often attract a price premium on the secondary market.

 20Cents AUD$3.00 - $7.00

50Cents AUD$4.00 - $9.00

One Dollar AUD$5.00 - $10.00

*Scarcer items can double or treble from the average estimates shown above.

(Not to scale.)

(Refer: http://www.vision.net.au/~pwood/april2012.htm )

 

XII Commonwealth Games Commemorative 50Cent coin

Commercially packed for Kellogg's Corn Flakes. (scans enlarged)

An estimated market value for the unpackaged, uncirculated coin would be approx. AUD$4.00+/-

 

In 1982, to celebrate the XII Commonwealth Games which were to be held in Brisbane, Australia - the Royal Australian Mint produced a circulation commemorative 50Cent Cupro-Nickel coin instead of the standard basic Coat-of-Arms version. The mintage was substantial at 23,287,000 - and, as expected, it was well received - and many went into the same kitchen drawers, tin cans and boxes along with other such 'special coins'.

However, some especially selected coins were used, by sponsors of Australian sports, to raise awareness of the Games - with some of the profits of sales going to off-set the financial costs of the event.  One such company, to organize such an issue, was the giant breakfast cereal producer Kellogg's  

Whilst many of these commercially packed coins show typical bag - or clash - marks, they are still a reasonable collectible and memento..

A special cardboard Kellogg's promotional holder was cut to hold the dodecagonal (12 sided) 50Cent commemorative coin.

The  coin and holder were enclosed in a heavy vinyl envelope for protection..

Being a privately packaged item, this coin is not listed in the usual commercial catalogues as a Royal Australian Mint product, so, most collectors would tend to grade the coin as about Uncirculated - and add a small premium for the presentation.

 

Various Non-circulating Australian .999 Fine Silver Dollar proof coins.

Commemorative Coins #4 & #5 have .999 Gold inserts.

Coin #6 has a removable star-shaped enamelled centre 'dump'

Usually individually boxed with a descriptive Certificate - they always attract substantial premiums.

 2012 Catalogue Estimates.

 Issue Price       Current Estimate

1996 Decimal Currency                                                          $45.00                     $120.00

1997 Old Parliament House                                                    $45.00                     $85.00

1998 New Parliament House                                                  $45.00                     $65.00

2000 Millennium                                                                       $59.00                     $195.00

2001 Millennium                                                                       $60.00                     $95.00

2001 Centenary of Federation (State Series)                        $99.00                     $125.00    

 

It has also been a phenomenon that, Australian  coins connected to military matters, have enjoyed a particularly good growth pattern in regard to their numismatic value. Some have done far better than others due to relatively small mintage numbers - or, the prestige of the matter being depicted.

The earlier non-circulating legal tender coins in this genre - individually packaged and presented - attracted a larger national 'audience' than the production levels were designed to cater for and, no doubt, the Mint noted that!. Contemporary retail prices will continue to reflect the initial demand.

 

 

2002 HMAS 'Perth' and USS 'Houston' - Ship's Bell Dollars

Issue Price AUD$5.00 - current recommended retail prices $20.00 ea.  Mintages 40,983 and 30,865 respectively.

ANZAC 75th Anniversary $5.00 commemorative coin

*featuring Pte J. S. Kirkpatrick of the 3rd. Field Ambulance ( aka 'James Simpson'  and his Donkey).

('Simpson' was killed, less than a month after landing, by shell-fire on May 19th. 1915 )

Issue price AUD$5.00 - current recommended retail price $10.00  Mintage 1,000,050

1. 2000c HMAS 'Sydney II' Dollar - mintage 86,900

2. 2001 Royal Australian Army Dollar - mintage 125,186

3. 2001 Royal Australian Air Force Dollar - mintage 99,281

Issue price AUD$2.00 - current recommended retail prices (1.) $25.00, (2.) $18.00, (3.) $24.00

 

Photo #69. Private James S. Kirkpatrick

aka 'James Simpson - 3rd. Field Ambulance, and his Donkey in Shrapnel Gully.

Originally lent by 'The Western Mail' Perth.

(AWM Collection Pic. No's. A2826 (Inset) and A3114)

'Official History of Australia in the War of 1914 -18'

Photographic Record of the War. Volume XII. 

(12th. Edition 1939 - Angus & Robertson Ltd.)

 

2000 Australia's 'First Victoria Cross' - Uncirculated Commemorative Dollar Pack

The descriptive folder lists all Australian recipients of the Victoria Cross up until date of issue of coin.

The detail of circumstance - of the first VC awarded to an Australian serviceman - are also included.

The issue price for this coin folder was a lowly AUD$5.00 ........ the estimated retail price is currently $295.00

Mintage 49,979.

 

The moral, of this too brief article, is that all hobbyists - and other accumulators of coinage - need to be aware that 'what appears to be' is not always 'what is'!  Numismatic-based prices do not vary that much from year to year - on most basic circulating coinage  - but, the few dollars invested in a current illustrated catalogue will always be money well spent when we are looking for values of the more 'exotic' items.

Knowledge is said to be power - and it can be - when you are buying or selling!

 

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.....THE MAIN REFERENCE IS .....

"Pocket Guide to Australian Coins & Banknotes."

 

An annual reference, that I, personally, find extremely useful - and which I continue to highly recommend - is the pocketbook sized catalogue that has been researched, written and published by my long-time colleague, Greg McDonald.

I obtained my first slim edition of 148pages in 1993 - one of 13,000 sold - it cost me less than AUD$9.00 - and, it was worth every Cent.

I bought my 19th edition from my friends at The Coin & Stamp Place in Hobart.

Whilst the early slimness has gradually given way to a comfortable, more portly edition of 456pages - it has been annually revised to present the most up-to-date market price information available - so, obviously, it has grown proportionately!

It now also includes a multitude of full colour illustrations and many relevant manufacturing facts, as well!

The retail price has, necessarily, increased with time, of course - it is currently about AUD$35.00 over the counter, depending on where you live - but, the amount of information is now preponderant - (that means it's the most encompassing - and the best) - and, it is truly worthy of every Dollar you will wisely spend

 

Greg's famous 'Pocket Guide to Australian Coins and Banknotes' can be purchased at good bookstores, or inquire direct :-

Greg McDonald Publishing & Numismatics PL

P.O. BOX 649, Lavington, NSW. 2641

email:- greg.mcdonald@optusnet.com.au

or Fax:- (02) 6026 2822

 

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OVER-PRODUCED - and UNDER-RATED?!

Certain numismatic items are produced with an end goal in sight - whether it is to satisfy an expected need - or, promote a perceived sales target.

Past experience has indicated the production levels of basic circulating coinage that usually needs to be considered - but, when the Mint starts issuing commemorative coins, it needs to address a whole new range of demands from a far more volatile market.. 

 

It seems a long time ago that the Royal Australian Mint started churning out 20Cent and 50Cent circulating commemorative coinage in very large quantities bearing our states and territories'  Coats-of-Arms and other iconic images peculiar to these regions.

There were 9 representative coins in each of the Cupro-Nickel denomination (see list below)..

The production release date was actually 2001 - to celebrate the centenary of Australia's Federation - and thousands of these coins quickly disappeared, as mementos, as soon as they could be collected from circulation by the general public - and, no doubt, there are still jam-jars on wardrobe tops - and, plastic sandwich bags full of these coins, in many an old sideboard drawer.

Those small family caches of Federation anniversary coins will gradually be absorbed, over the years - as that is the fate of all casual collections .....!

They will be gathered up once again, for any number of reasons - and many will be re-assessed as relatively valueless as a collectable -unless they are absolutely pristine - and, eventually, most of them will be spewed back into circulation to suffer the rigours and tests of all coinage. "Made round to go round!"

Any of this Federation stuff that we come across now, is usually showing the signs of being 'well circulated' - as they say!

 

The facts and figures are interesting enough to keep in mind - and these details are readily available from a good catalogue such as the current edition of Greg McDonald's  -Pocket Guide to 'Australian Coins and Banknotes' - so, I have included a brief reprise here - because, one day - as the better quantity examples become the exception rather than the norm -  they may be of greater interest. 

As time goes by - secondary market prices, particularly for complete sets, will find their own level and we might regret not keeping just a few more of our little hoard in the jam-jar. Currently, the estimated retail prices for uncirculated quality individual coins in both denomination are listed at about AUD$6.00 each - I would suggest that this is probably a far too high speculatively starting figure - but, it is a sign of things to come as time and prices will catch up.

 

AUSTRALIA'S FEDERATION ANNIVERSARY 2001

Commemorative Circulation coinage. 75% Copper - 25% Nickel.

Twenty Cents (18,640,000) - Fifty Cents (20,322,000)

Top row:- Queensland; Australian Capital Territory and New South Wales.

Second Row:- Northern Territory; Norfolk Island and Victoria.

Bottom Row:-  Tasmania; South Australia and Western Australia.

(*The missing Queensland 50 Cent coin is still on my 'challenge' list - to be gathered from circulation, as all these coins have been.)

 

     State                     Twenty Cents      Fifty Cents

Queensland                          2,320,000             2,320,000

Aust. Capital Territory                  2,000,000             2,000,000

New South Wales                      2,000,000             3,042,000

 

Northern Territory                     2,000,000             2,000,000

Norfolk Island.                        2,000,000             2,000,000

Victoria                              2,000,000             2,000,000

 

Tasmania                             2,000.000             2,160,000

South Australia                        2,320,000             2,400,000

 Western Australia                      2,000,000             2,400,000

 

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TRAVELLER & COLLECTOR ALERT
 

'World Coin News.' May 21

Counterfeit Coins Plentiful in Great Britain

 

A recent official study by the British Royal Mint reported about three out of every 100 £1 coins in circulation is now bogus, which is about double the number identified as being in circulation from about 10 years earlier. The April 1 report indicated there are about 44 million counterfeit British £1 coins now in circulation, which is about 3 million more than were found in circulation nine months earlier.

 

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GENERAL INDEX UPDATE.

'TASMANIAN NUMISMATIST - INTERNET EDITION' 1996 - June 2007

'NUMISNET WORLD' July 2007 - December 2011

The detail of contents of the 'Tasmanian Numismatist - Internet Edition' and 'Numisnet World' 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.

http://www.vision.net.au/~pwood/Sept2003.htm  - 1998 - 1999 (Volumes 3 and 4) Archived. Content detail only.

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

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.

http://www.vision.net.au/~pwood/mar07.htm  - 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)

 

Full details of initial 'Numisnet World' - incorporating 'Tasmanian Numismatist'  (2007)

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

For full details of 'Numisnet World' (2008)

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

For full details of 'Numisnet World' (2009)

http://www.vision.net.au/~pwood/dec09.htm  - (Volume 14 - Issues 1 - 12)

For full details of 'Numisnet World' (2010)

http://www.vision.net.au/~pwood/dec10.htm  - (Volume 15 - Issues 1 - 12)

For full details of 'Numisnet World (2011)

http://www.vision.net.au/~pwood/jun11.htm  -  (Volume 16 - Issues 1 - 6)

For full details of 'Numisnet World (2011)

http://www.vision.net.au/~pwood/dec11.htm  -  (Volume 16 - Issues 7 - 12)

 

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'NUMISNET WORLD' - INDEX - 2012.

 

Issue 1. January 2012:-  http://www.vision.net.au/~pwood/jan12.htm

THE LURE OF EXONUMIA -  Old father 'Numismatics' may be shown as a fairly frugal, staid and patient, comfortably plump gentleman relatively set in his ways - whereas, his elder son - that inquisitive and brash, young-at-heart - 'Exonumia' - will always remain keen, lean and hungry, as he tries to satisfy his gnawing need for something different. He is the human part of the greater hobby - and, he runs on nervous energy, at times.

There is rarely a 'state of complete satisfaction' - as the adventures of discovery unfold!

 

Issue 2. February 2012:-  http://www.vision.net.au/~pwood/feb12.htm

COLLECTOR'S MILLSTONE? - I use this word - 'plethora' - a lot these days, as the outpourings from Australia's Mint reaches pest proportions for collectors who need to make budget choices. It is becoming painfully obvious, that a split in the collecting habits of Oz numismatists is just around the corner -  and, it will divide the men from the boys, down financial lines, into hobbyists and investors - and, possibly, art-lovers who collect might even get a say!

BUY THE BOOK! - Never have so few words meant so much in today's volatile numismatic market. Greg McDonald's 'Australian Coins and Banknotes'  Pocket Guide - is again proving its worth with this information-crammed 19th. Edition.

U.S. STEEL CENTS. Have they a FUTURE? - Costs of manufacture are escalating in all industries - and that includes making our money. The future for small change looks grim as many nations are now rationalizing their hard cash.

THE FINISH OF THE FINNISH MARKKA? - All over central Europe this month - hoards of old national currency are going to surface as the deadline for final exchange with Euros draws near - not all nations will be involved - but those that are will feel a pang of  nostalgia - and more than a little unease.

 

Issue 3. March 2012:-  http://www.vision.net.au/~pwood/march12.htm

TRIVIA TRIBUTE - The multi-million dollar movie 'The Bodyguard' (1992) starring Kevin Costner was also the catalyst for the late Whitney Houston's acting career. With her truly remarkable voice - coupled with her undoubted good looks - she captivated the theatre audiences 20 years ago with the movie adaptation of the enduring hit song "I Will Always Love You" which was originally written and recorded, in 1973, by Dolly Parton, as a C&W song. Goodbye, Whitney!

A LONG SEARCH IS FINALLY OVER! - At long last, we have sufficient scans available - and enough information courtesy of our correspondents -  to complete a puzzle that has keep this editor awake and guessing for a nearly a decade. We now know about their tokens, and - the who and what - former English company, 'WILLIAMS BROTHERS - DIRECT SUPPLY STORES Ltd.' - actually  were!

A BLAST FROM THE PAST - Lady Hazel Lavery. - American-born, Irish beauty - Hazel Lavery (nee Martyn) - will be remembered as the face on Irish currency before the Euro took over in 2002.  The reminiscence is in order now a decade has passed her by.

THE ROYALS - This year is the Diamond Jubilee of the Coronation of H. M. Queen Elizabeth II, and, we look back at other medallions that have reached our shores - or been made by our own Australian medallists - to commemorate other Royal events and anniversaries.

CHARD - A timely reminder, acknowledging how important it is that collectors and dealers work together to ensure the on-going success of our great hobby!

RECENT Q & A's - A mystery 'Chinese' note - that - courtesy of Krause's ' World Paper Money'  - turned out to be a Japanese One Yen issue from WWII.

JAPANESE INVASION MONEY - The ingenuity of the Japanese was highlighted by the issuance of the much maligned J.I.M. paper currency during WWII in South-East Asia. By enforcing its use - the invaders controlled the economy of the region. Now looked down upon by most collectors as just the tail-end of the catalogue 'add-ons' to many official national post-war currencies - this cheap, and very easy  to obtain, stuff has a still notched a place in numismatic history - and our catalogues.  Some J.I.M. notes are now becoming harder to find as we rustle through the market junk baskets  .....!

 

Issue 4. April 2012:-  http://www.vision.net.au/~pwood/april2012.htm

ANZAC DAY 2012 - A traditional salute to those who have served their nation in War and Peace - 'Lest We Forget!'

FUNNY MONEY! - A small selection from the plethora of novelty currency paper note issues.  Refer Internet site - http://www.noveltieswholesale.com/

This area of collectibles is included in the outer fringes of the hobby - and it is generally known as  Exonumia.  Regrettably, it is often ignored as 'insignificant' by many numismatic purists - however, to those of us who have broader outlooks - it can be hugely rewarding and entertaining to have two strings to our bows. Social gatherers are more likely to take that next step deeper into our hobby after getting hooked on this 'insignificant' interesting stuff.

THE REWARDS FOR BEING OBSERVANT!  One of the first vital lessons we learn, as a collector, is that of 'Observance'! -

The opening sentence, of this brief article, is its crux. Over the last 47 years, since decimal currency was introduced into Australia, and, I started looking at money as being more interesting than its spending power, the amount of 'stuff' I have been able to accumulate from local sources - without paying out big bucks - has been substantial. It is mainly because I - or my 'look-outs' - have been observant..

'SUPERMARKET SHRAPNEL' - Following on - I have included a few scans of items that have come my way from local sources - mainly my suburban supermarket or newsagent. Treasure can be found that close to home!

 

Issue 5. May 2012:-  http://www.vision.net.au/~pwood/may12.htm

MISS LIBERTY - and FRIENDS! - The numismatic hobby always entails 'looking back' to a big extent. That is what collecting is, basically, all about - it is nice to get exciting 'fresh off the presses' coinage and notes - but, the real interest is in the history of our chosen field - and that is something that takes time to accumulate. The U.S. has an enormously rich history stored within its coinage - especially featuring that iconic lady 'Miss Liberty' - and she is always worth a second look of admiration - as we gather up these metallic remnants - the reminders of yesteryear.

THE COMMONWEALTH of NATIONS - or - WHAT'S LEFT OF THE BRITISH EMPIRE! - A numismatically oriented, illustrated look at the nations that are - or have recently been - involved members within a power and trade bloc with a long, rich colonial history. 

Individually, not all members of the Commonwealth of Nations are huge, or rich, trading giants, but - as part of the the entirety - they are bricks in a wall that has withstood centuries of onslaught. Over the last century, politics and time has caught up with some of the independent regimes within the Commonwealth and it has crumbled a little -  in places - but, it is still a powerful bulwark with common allegiances, interests, backgrounds and aspirations.

RUNNING OUT OF HOPS? - Some years ago, I made a conscious decision to cease collecting the One Ounce Fine Silver $1.00 Kangaroo coins. It was a decision I hated - but it was financially necessary. An affordable simple series had blown-out to be a multi-coin money-sucking complex sponge.

The series is still going - but it has lost a lot of passengers according to the actual release figures against expectation. How long will it continue?

 

Issue 6. June 2012:-

WHAT IS IT WORTH? - The answer to that question must always be speculative! It will be whatever it brings on a given day and in given circumstances!

The pricing of various Australian coins can be determined by historical importance as well as quality and quantity - so do your homework!

THE MAIN REFERENCE IS .....!  - In this instance I have chosen to feature a local Oz catalogue that I have been using for nearly two decades!

OVER PRODUCED - and UNDER-RATED?! - The ever present problem that all modern Mints must face  is - 'How much is enough!?'  As collectors, we also have a question - 'Is it actually worth the extra premium to obtain those myriads of special commemorative issues that the Mints are now producing?'

TRAVELLER & COLLECTOR ALERT!! - Noted in 'World Coin News' article by Richard Giedroyc - 'Counterfeit Coins Plentiful in Great Britain'

Fake English One Pound coins are now circulating at  the 1 in 3 level - so, casual accumulators who may be travelling in the area, be  warned!

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'NUMISNET WORLD'

(INTERNET EDITION)

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Numisnet World - (Internet Edition). 

P.O. Box 10,

Ravenswood. 7250. Tasmania.

Australia.

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Email: pwood@vision.net.au

 

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