Here are some additional items in the media this week that may be of interest.
-Editor
John Albanese Interview
We don't generally discuss grading and prices, but we do cover hobby history and this new Red Book Podcast with guest John Albanese of CAC Grading provides a great overview of the evolution of coin collecting and grading, market dynamics and more.
-Editor
The conversation with John Feigenbaum and Jeff Garrett covers topics such as potential expansion into world coins, the role of AI in grading, and the popularity of different type coins. The trio also discuss industry trends, including "gradeflation," the impact of economic uncertainties on the market, and recent business developments in the hobby.
It's not new, but I stumbled on this one this week.
J.P. Morgan published a well-produced video on the history of currency in the U.S.
-Editor
American money has changed drastically since the birth of the nation. In Part 1 of this two-part series, discover the origins of bank notes and how institutions, including one of our predecessors, played a role in creating modern money.
In this new article, Andrew Crellin of Sterling & Currency researches the unusual packaging of a 1990 gold coin set and discovers connections to business, government, gold marketing and gold-backed notes (Australian Gold Notes), which were payable in gold coins and required physical gold reserves.
-Editor
We recently bought a 5-coin set of Kangaroo Nugget gold coins dated 1990 through our office. Although that was the first year the Kangaroo design was introduced to Australia's gold bullion coins, the coins themselves are not rare at all - the half ounce bullion coin that year had a declared mintage of 64,471 and the one ounce coin sold out at a mintage of 300,000. What was interesting about the coins was they were housed in a green leatherette case with a logo for the R&I Gold Bank.
While the R&I bank has been trading in various forms since 1895, until I saw this case I had never seen any reference to The Gold Bank outside of the Hansard records of WA Parliament. Determining why and when this case was is an ongoing process, but has been made easier with some investigation into the regulatory background to the Perth Mint; Gold Corporation and the R&I Bank. You might be wondering why the hell it's necessary to investigate regulatory records to determine when a box was made, which is a fair question. My initial questions about the origin of a box labelled "Gold Bank" were stymied when I realised the first name the WA Government had drafted for the parent authority for the Perth Mint was "Gold Bank" and not "Gold Corporation". While the R&I Bank name was clearly printed on the box, I wondered whether it may have been issued by the original Gold Bank.
Andrew also had a pleasant surprise when a caller turned out to actually have a rare error coin touted in the media. It also has a connection to packaging, and was bought and resold quickly. Nice find!
-Editor
Coin dealers like us are called multiple times each day about coins that the Daily Mail or Yahoo 7 has chosen to write a half-assed clickbait article about - one of those coins is the 1983 British twopence with the term NEW PENCE across the reverse. We got a call a few weeks back from a local guy that was adamant he had one. I bet him he didn't and sure enough, I lost the bet. (It's one I'd win 999 times in a thousand.)
This set contains one of the most keenly-sought decimal error coins from the UK.
Between 1971 and 1981 2p coins featured the words NEW PENCE on the reverse, above the ostrich feather plumes of the Prince of Wales badge.
From 1982, these bronze coins were meant to read TWO PENCE, however an error occurred in 1983, resulting a few Two Pence pieces being struck with the old design.
This example has been found in an uncirculated 1983 annual coin set, produced for Martini & Rossi, the Italian beverage company.
These Great British 1983 Coin Collection sets contain eight uncirculated UK coins, including the New Pence 2p, and were offered as part of a drinks promotion.
A similar set was also issued by Heinz, some of those sets also contain this rare Royal Mint error coin.