Saturday, August 30, 2014

2015 Chinese Panda Silver and Gold Coins No Longer Display Weight



Commencing from 2015, according to the People’s Republic of China national’s “Measurement Law” and the People’s Bank of China’s requirement, the gold and silver coins will be issued under the legal measurement of Metric System, i.e. grams, Kilogram and etc. 

The issuance of the gold and silver coins under the measurement of the Imperial System “Ounce” will be discontinued. Furthermore, from 2015 onward, the weight of the Chinese Panda Gold coins will no longer be stated on the coins. 

This has made the 2014 Chinese Panda Gold Coins with “Ounce” to be even more significant for collection.

Since Bank of China (Malaysia) Berhad’s announcement for the pre-booking on 21 May 2014, the Chinese Panda Gold Coins was overwhelmed by the market, registration has been increased rapidly. 

In order to fulfill customers’ needs, Bank of China (Malaysia) Berhad has made a soft launching on 6 June 2014 for the registered customers. And now, the Bank is proud to announce the official launch for the 2014 Chinese Panda Gold Coins to the public. 

 

The Chinese Panda Gold Coin is a legal tender Coin issued by the People’s Bank of China for 33 years continuously. It has the investment and memorable value, and potentially high collectible value. 

Being very unique in the coins mintage world, it has been awarded both locally and overseas recurrently and appreciated by the collectors from all the countries. The theme of the Chinese Panda Gold Coins is the national treasure of the People’s Republic of China, setting the bamboo as the background well demonstrated the harmonious and happy life.

2015 Panda Changes - Summary:

2015 Gold / Silver Pandas will no longer have the weight stamped on the reverse. It will be Panda motive as it is currently but without stating its weight.

The China Mint will be marketing the Panda Bullion Coins in grams and kilos (Kilograms) instead of ounces. 

At this stage it is unknown if they will introduce new sizes such as 25/50/100/1000 gram or stay with the current 3.1, 31.1g, 155.5g, 311g 

In order to better reveal the lively and playful character and the black and white colour of the panda, designers using the white and black effects that generated from the glossy and dark appearance of the gold refraction and reflection to invent the intaglio refraction method, at the same time using the drum opposite sandblasting technology to make the black and white colour of the panda become more three-dimensional.

Welcome all to visit any of Bank of China (Malaysia) Berhad branches to place your order.

2015 Canadian Maple Leaf Redesigned with Advanced Security Features

Canadian Maple Leaf Redesigned with Advanced Security Features 





All One Ounce (1oz) 99.99% pure Canadian Maple Leaf Bullion coins produced for 2014 and beyond will have two new and unique features for enhanced security. 
The new finish is formed of complex radial lines and a micro-engraved laser mark. The radial lines have been precisely machined to within microns on the master tooling to ensure consistent die production and coin striking. 
The specific width and pitch of the lines radiating from the coin’s central maple leaf design create a light-diffracting pattern which is unique to the Mint’s “next generation” SML and unmatched by both competing bullion products and, we would assume, counterfeiters.
With the addition of a laser-produced micro-engraving of a textured maple leaf incorporating the numeral “14” to denote the coin’s year of issue – a technology also found on the Mint’s Gold Maple Leaf bullion coin and its award-winning 2012 $1 and $2 circulation coins
First hitting the market in 1988, the Royal Canadian Mint's iconic Silver Maple Leaf 10z bullion coin has been a huge hit with equally huge sales, second only the the American Silver Eagle. In it’s first 25 years of being on sale, the design has remained the same, except for the portrait of Queen Elizabeth II on the obverse which is on it’s third incarnation. 

The Canadian Maple Leaf is minted with one troy ounce (31.11 grams) of 9999 fine silver, and has a face value of $5, the highest face value on the market for any comparable silver bullion coin. Now, they’ve totally redesigned the reverse with added security features and it’s a huge improvement in our opinion.

Visit the Royal Canadian Mint 

Monday, August 25, 2014

Eight Valuable Coins That May Be Hiding in Your Change


Take a closer look before you dump that handful of pennies and nickels into the tip jar — you don't need to find a Revolutionary War-era coin to make a fortune from your change.

They're harder to find each year, but there are several valuable coins floating around that aren't all that old. 

They're often valuable for vastly different reasons — like the World War II-era coins minted from atypical metals, or double-printed pennies — but each one is easy to miss if you're not paying attention.

1. 2004 Wisconsin State Quarter With Extra Leaf
Value: Up to $300

Find an average Wisconsin state quarter from 2004, and that will get you one-fourth of a bag of chips. Find one with either the high or low leaf error, and you can get a whole lot more.

The 50 State Quarters Series ran from 1999 until 2008, with special designs representing each state. Wisconsin's quarter came out in 2004; the reverse design features a cow, a wheel of cheese and a partially husked ear of corn lurking in the back.


 

2. 1995 Double Die Penny 
Value: $20 - $50

 

IMAGE: LINCOLN CENTRE RESOURCE

 

IMAGE: LINCOLN CENTRE RESOURCE 

This penny has a double-printed obverse (heads side) that makes the "LIBERTY" and "IN GOD WE TRUST" look blurry. The error has happened before, in 1969 and 1972, and those versions of the coins are much more valuable. 

3. 1942-1945 Silver Nickel 
Value: 56 cents - $12.25 

During World War II, the United States needed to save as much nickel as possible for military uses. Consequently, it started minting nickels made of 35% silver.

Melting down pennies and nickels is a federal offense, but the coin might still fetch you enough for a decent lunch, if it's in good condition. 

4. 1943 Steel Penny 
Value: 45 cents - $10

 



Pennies were made from steel in 1943 only.

Pennies were made from steel during wartime, for the same reasons nickels were made partially from silver — steel pennies helped preserve copper for World War II. However, the switch only lasted one year. 

5. Ben Franklin Half-Dollar 
Value: $12 - $125

 



Easy to notice, but hard to find.

In 1948, the U.S. mint began circulating half-dollar coins with images of Ben Franklin and an eagle — which is funny, considering Franklin opposed the bald eagle's nomination as the nation's bird, in favor of a wild turkey. 

Franklin's portrait on the coin was replaced by John F. Kennedy in 1964, following the president's 1963 assassination. 

6. 1932-1964 Silver Quarter 
Value: $7 - $65 

Between 1932 and 1964, quarters were 90% silver and 10% copper. These silver quarters look like any pre-state quarter 25-cent piece, but are worth a lot more if they're in the right condition. 

7. 'In God We Rust' 2005 Kansas State Quarter 
Value: Up to $100

 

Remember: Always clean your machine. 

While it might seem like a mint employee's rogue political statement, these coins are actually just the result of grease preventing a clean pressing. 

8. Presidential Dollar Coin with Lettering Errors 
Value: $20 - $45

 

These Washington dollars are missing key inscriptions.

IMAGE: NGC

In 2007, the U.S. Mint began printing a series of dollar coins featuring presidents. Many of the early coins, especially those with George Washington, have errant or missing lettering along the edge of the coin.

Donald Duck 2014 1oz Silver Proof Coin – Disney Mickey & Friends

The loveable show-off known for his short temper, Donald Fauntleroy Duck, is one of Disney’s most beloved characters and features on this iconic silver release.

disney-mickey-and-friends-donald-1oz-silver-proof-coin-2014-perth-mint-australia-silver-perspex-newdisney-mickey-and-friends-donald-1oz-silver-proof-coin-2014-perth-mint-australia-silver-box

PROOF QUALITY 99.9% PURE SILVER

Each coin is meticulously struck by The Perth Mint from 1oz of 99.9% pure silver in proof quality.

ICONIC DONALD DUCK REVERSE DESIGN

The coin’s reverse portrays a contemporary colour image of Donald Duck wearing his signature blue sailor suit with a bow tie, set against a film reel background. The design includes the inscription DONALD DUCK.

NIUE LEGAL TENDER

Issued as legal tender under the Pacific isle of Niue, the obverse of the coin features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II, the monetary denomination, and the 2014 year-date.

OFFICIAL LICENSED PRODUCT

Under official license of Disney, the Mickey & Friends – Donald Duck 1oz Silver Proof Coin is issued by New Zealand Mint.

LIMITED MINTAGE

No more than 10,000 of the Mickey & Friends – Donald Duck 1oz Silver Proof Coin will be released.

NUMBERED CERTIFICATE OF AUTHENTICITY

Each coin is accompanied by a numbered Certificate of Authenticity.

NOVEL PRESENTATION PACKAGING

The coin is housed in a modern perspex case allowing 360 degree presentation. The coin case is surrounded by film-themed outer packaging illustrating the history of Donald Duck.

SIX-COIN PACK NOW AVAILABLE!

The iconic Mickey & Friends characters – Mickey Mouse, Minnie Mouse, Donald Duck, Daisy Duck, Goofy and Pluto can now be purchased in a Six-Coin Pack at a special price!
Disney Mickey & Friends – Donald Duck 2014 1oz Silver Proof Coin at The Perth Mint, featuring:
  • Proof Quality 99.9% Pure Silver
  • Iconic Donald Duck Reverse Design
  • Limited Mintage – 10,000
  • Official Licensed Product
  • Modern Perspex Presentation Packaging
  • Numbered Certificate of Authenticity
TECHNICAL SPECIFICATIONS:
Silver Content (Troy oz)1
Monetary Denomination (NIUE)2
Fineness (% purity)99.9
Minimum Gross Weight (g)31.135
Maximum Diameter (mm)40.60
Maximum Thickness (mm)4.00
Maximum Mintage10,000

Monday, August 11, 2014

NORFED 1999 and 2000 Silver One Ounce 999 Bullion Rounds Ten Liberty Dollar

NORFED 1999 and 2000 Silver 1oz Bullion Rounds Ten Dollar Stated Value














Saturday, August 9, 2014

2013 LUNAR SNAKE SILVER 1oz 999 Gainesville Coins Bullion Round

2013 LUNAR SNAKE SILVER 1oz 999 Gainesville Coins Bullion Round - Brilliant proof like strike








The 2013 1 oz Silver Year of the Snake Round is made of .999 fine silver and is 1 troy oz in weight. The silver Year of the Snake bullion round is one of the many privately minted products we offer here at Gainesville Coins. 


This silver round is Made in the U.S.A. and has a proof-like finish. Although this is not a legal tender coin, it is made of one troy ounce of 99.9% pure silver. Buy silver rounds for their unique design and their low premium over spot compared to nationally minted coins.

This round was created to celebrate the Chinese Zodiac 2013 Year of the Snake, as each year associated with the snake has a different symbol. 

The Years of the Snake include: 1929, 1941, 1953, 1965, 1977, 1989, 2001, and 2013. Those born in the Year of the Snake have a strong sense of morality and wisdom, and are considered exceptionally mysterious.

The obverse of the round depicts the image of a coiled snake amidst a forest of bamboo, as well as the Chinese symbol for "snake." 

The reverse of the coin bears a centered inscription of, "2013 Year of the Snake," along with the weight and fineness of the silver round, "One Troy Ounce, .999 Fine Silver," and once again the Chinese symbol for "snake."

Wednesday, August 6, 2014

Investor Sues the Silver Bullion Banks for Benchmark Manipulation


An investor has filed suit against the three firms that set the price of silver, accusing them of manipulation. The lawsuit, filed in the US District Court in the Southern District of New York, is noteworthy because similar accusations have been levied in the gold market and the process by which commodities prices are set has increasingly come under scrutiny.

The lawsuit was filed by J. Scott Nicholson, a Washington State resident, who is seeking class-action status for the suit. Bank of Nova Scotia "vigorously" denied the charges, according to an article from Bloomberg Businessweek, and the other two rate setters, Deutsche Bank and HSBC, declined comment. The three banks conduct the fix, or price-setting, once a day by conference call, according to an article from Reuters.

It is unclear if Nicholson has evidence to back his charges, but the complaint states that the defendants "have a strong financial incentive to establish positions in both physical silver and silver derivatives prior to the release of silver fixing results, allowing them to reap large, illegitimate profits."

Deutsche Bank said in January that it would withdraw from participating in setting the gold and silver benchmarks in London as it plans to cut 200 jobs in commodities trading. London Silver Market Fixing Ltd. said in May that it would stop administering the benchmark after Deutsche withdraws its participation in August.

The suit comes on the heels of similar suits in the gold market and a lengthy silver market investigation. The five banks accused in the gold fixing case deny the accusations. The five-year silver market investigation, conducted by the Commodities Futures Trading Commission, ended last September when it found no evidence of wrongdoing.

For more:
- read the Bloomberg Businessweek article
- read the Reuters article
- read the BBC article

Royal Canadian Mint Launches New Birds of Prey Silver Bullion Coin Celebrating the Bald Eagle

The Royal Canadian Mint today launched the newest release from its Canadian Birds of Prey 99.99% pure silver bullion coin series with a majestic tribute to the Bald Eagle.

This iconic ruler of North American skies is dramatically portrayed on a 1oz bullion coin that is sure to appeal to a wide range of customers for both its theme and signature purity. It is now shipping to the Mint's network of official bullion distributors as online dealers begin accepting orders today.

"The Royal Canadian Mint is committed to remaining a leader in the precious metal market by offering investors a continually evolving suite of bullion products crafted with exceptional attention to quality and purity," said Marc Brûlé, Interim President and CEO of the Royal Canadian Mint. "The Birds of Prey - Bald Eagle 99.99% pure silver bullion coin has a theme whose appeal and relevance transcends borders and we expect it will shine a new light on the diversity of our investment products."

The 2014-dated, "Bald Eagle" 99.99% pure silver bullion coin is the second of four coins in the Mint's exciting biannual bullion series featuring Canadian birds of prey. Its reverse design features a captivating illustration by acclaimed Canadian illustrator Emily Damstra of a Bald Eagle in full flight clutching a fish in its powerful talons.

 This 99.99% pure silver coin is crafted with the Mint's signature bullion finish is limited to only one million coins world-wide. A numismatic version with a proof finish, limited only 7,500 examples, has also been produced and can be ordered on www.mint.ca as of today.

The first coin in this series, featuring the Peregrine Falcon and launched in February 2014, is now approaching a sell-out of its mintage of one million coins.