Tuesday, October 25, 2016

Rare Gold Coin found in Kids Treasure Chest

A rare gold coin, Queen Anne 'Vigo' five guinea gold coin worth around £250,000 found in child's pirate treasure chest. The coin has been consigned by a gentleman from Bishop’s Hertfordshire, England to Boningtons auctioneers.

Rare Gold Coin

The gold Queen Anne Vigo coin was given to the child by his father who don't know anything about the coin value. His grandfather give it to him for his pirate treasure when he was a child.

The coin is one of only twenty made from the 7.5lbs of gold seized from Spanish treasure ships by the British in Vigo Bay, northern Spain, on 23rd October, 1702 – exactly 314 years ago.

The man had no idea of its value until he recently showed it to Boningtons’ coin specialist, Gregory Tong, who instantly recognised the highly sought after coin of which fewer than 15 examples are known.

“My Grandad had travelled all over the world during his working life and had collected many coins from the various countries he had been”, said the stunned and delighted vendor.

pirate treasure chest

“He gave me bags of coins to play with (I was into pirate treasure) throughout my early years…As time passed these coins went back into bags and boxes and were forgotten about until I re-discovered them after my Grandad passed away. I looked back through the coins – remembering the stories I made up about them when I was small - and then gave them to my own son to play with and put into his own treasure box. My little boy has been playing with this coin as I did all those years ago.”

The series of 'Vigo' coins were made out of treasure captured by the British fleet after they failed to take Cadiz in 1702 but managed to seize gold and silver from Franco-Spanish treasure ships coming back from America. Struck the following year, the coins were made as part of an attempt to detract attention from the British failure at Cadiz, highlighting instead the haul of treasure they seized on their way home. The treasure was delivered with full pageantry through London and received at the Royal Mint by the Master of the Mint, Sir Isaac Newton.

The coin, only the sixth example of its type to be offered for sale in the last 50 years, is expected to break Boningtons’ house record of £200,000 set by the sale of a painting by Sir Winston Churchill earlier this year.

The Queen Anne 'Vigo' five guinea gold coin will be offered for sale at the Essex auctioneer’s Epping saleroom on Wednesday 16th November 2016 with an estimate of £200,000-250,000.

Source: Boningtons Auctions Essex.
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Friday, October 21, 2016

Thailand will mint King Cremation Ceremony Coin

Thailand Treasury department plans to mint commemorative coins to mark the cremation ceremony for His Majesty King Bhumibol Adulyadej in the near future. 

The late HM King Bhumibol Adulyadej (commonly known as King Rama IX Chakri) was the world’s longest-serving head of state, he came to the throne in 1946 at the age of just 18.

King Bhumibol

Chakkrit Parapuntakul, director-general of the department, said it could take some months to produce the coins, which also need royal approval.

The government has not announced the cremation date yet, but has indicated it will be held after the one-year mourning period.

The commemorative coins will have an illustration of the royal crematorium designed by the Fine Arts Department on their backs, he said.

There will be four types of coins -- 99%-pure gold, silver, and both small and large-sized bronze.

The number of coins produced will depend on advance orders, and the lowest price for a coin will be set at 100 baht, Mr Chakkrit said.

Ordinary coins with an illustration of King Rama IX will still circulate in the system, and are likely to last between seven and nine years, he noted.

The department also aims to produce 200,000 more cupronickel coins which commemorate the 70th anniversary of His Majesty's reign following high demand for the coins.

About 2.8 million cupronickel coins, a mixture of copper and nickel, to mark the event have been sold.

Additionally, 10,000 gold coins and 50,000 silver coins made for the same occasion were also sold out, though these kinds of coins will no longer be produced.

Mr Chakkrit said the department still has 24 types of commemorative coins, totalling three to four million, linked to the late King. They are still available for purchase.

Source: Bangkok Post

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Wednesday, October 19, 2016

MyNumismatics accept Dec 2016 Auction consignments

MyNumismatics Sdn Bhd are now accepting consignment (banknotes, coins and stamps) for their next 2nd Auction on Dec 2016. All consignee are welcome.

mynumis consignment

On 14 October, Sifu Dickson Niew, one of the team members for MyNumismatics Sdn Bhd announce on his Facebook account about MyNumismatics December auction. he welcome anyone to contribute quality numismatic items for MyNumismatics auction.

The consignment for their December auction will only open until next week. You can submit your items for the auction to Dickson Niew Collection Shop at Subang Jaya.

Don't waste your time and money if you only have normal collection.

On June 19 2016, MyNumismatics Sdn. Bhd. host their first auction at Jabatan Muzium Malaysia, Muzium Negara, Kuala Lumpur. A total of 529 lots of banknotes, coins, Medal, Medallion, rubber coupon and numismatic books open for bidding during MyNumismatics Auction 1.

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Sunday, October 16, 2016

Solid 8 RM100 Aziz Taha sold for RM57,158

A 100 Ringgit, 4th Series banknote signed by Tan Sri Aziz Taha (Lot 393) with a Solid 8 Serial number A/29 888888 graded PMG 55 AU sold for RM57,158 (including buyer premium & gst) in Trigometric Auction 4, today. The fancy number banknote is the highest realized price in Trigometric Auction 4 held at Serunai Suite, Hilton Hotel Petaling Jaya, (P.J. Hilton).

100 Ringgit, 4th Series

You can watch the floor bid session for Lot 393 here:

Another solid number banknote, 50 Ringgit 8th Series banknote, signed by Ahmad Don with solid number AA 3333333 PMG 66EPQ sold for RM32,000 (excluding buyer premium).

A 21pcs 1 Ringgit 4th Series Signed by Aziz Taha (Lot 0388) sold for RM30,000 (excluding buyer premium). The lot contains; Low number P/75 000001 - 000010; Solid no. P/5 111111,P/8 222222, P/74 333333, P/76 444444, P/8 555555. P/6 666666, P/3 777777, P/8 888888, P/75 999999, P73 1000000 and ladder number N/92 123456 all AU-UNC minor foxing.

50 cents Constantinople Estate

50 cents Constantinople Estate note (Lot 276) with low serial number (No.4) sold for RM45,000 (excluding buyer premium), the 2nd highest realized price for today auction. The private banknote for Kukup Concession of Syed Mohammad Bin Ahmad Alsagof in Johor is extremely rare, previously mounted and in Very Fine Condition.

Malaysia error banknote, 1000 Ringgit 6th Series Jaffar Hussein with missing prefix number graded PMG 66EPQ sold for RM24,000 (excluding buyer premium).


In the morning session, 100 Ringgit Langkawi International Maritime & Aerospace (LIMA) Gold Commemorative Coin (Lot 85) with certificate no. 028 sold for RM11,000 (excluding buyer premium), the highest price for coins in this auction. Only 50 pcs 100 Ringgit Langkawi International Maritime & Aerospace (LIMA) Gold Commemorative Coin issued by Bank Negara Malaysia in 2003.

A 1999 Millennium RM500 Proof Gold coin (Lot 83) sold for RM8,000 (excluding buyer premium). The Commemorative Millennium Gold Coin RM500 999.9 Gold Coin with certificate have an approved mintage of 10,000pcs but the actual mintage for this gold coin is unknown.

Malaysia 1992 Thomas Cup Medallion without certificate (Lot 61) sold for RM600 (excluding buyer premium). The Medallion to commemorate the victory of Malaysia won the Thomas Cup in 1992 is made of .925 sterling silver and minted in Birmingham Mint. A total of 2,500 sets of this medallion minted for worldwide sale.

In the banknote session, 10 lots have been withdrawn (Lot 199, Lot 200, Lot 240, Lot 241, Lot 242, Lot 243, Lot 244, Lot 268, Lot 293 & Lot 344). Most of the lots withdrawn are Malaysia specimen banknote. Except for lot 344, I am not sure what is the reason for other withdrawn lots.

Trigometric Auction 4 start at 9.30 am and end at 3.50pm.

Other Highlights:
  • Lot 57-Malaysia 1969 1 Ringgit Proof Bank Negara Annivesary NGC PF 62. Quantity issued only 1,000pcs. Sold for RM1,200.
  • Lot 84-Malaysia 2003, Non Aligned Movement Proof set of 3, RM1, RM10 Silver & Gold RM100. Sold for RM3,600.
  • Lot 187-4 pcs 10 Ringgit Replacement 2nd Series Sign. Ismail Md.Ali sold for RM23,000. 
    1. Serial no.Z/1 608642 EF light foxing
    2. Serial no.Z/2 042518 GVF light foxing
    3. Serial no.Z/3 052069 VF light foxing
    4. Serial no.Z/4 023165 AU-UNC top left corner foxing.
  • Lot 196-50 Ringgit 2nd Series Sign. Ismail Md.Ali (KNB10d:P10a) Replacement note Serial no. Z/1 536123 PMG 65EPQ. Rare in this Condition. Sold for RM6,000.
  • Lot 366-10 pcs Low number 10 Ringgit 3rd Series Signed by Ismail Md.Ali, Low no. F/32 000001 - 000010. all AU-UNC minor foxing sold for RM25,000.
  • Lot 
  • Lot 392-50 Ringgit 4th Series Sign Aziz Taha Ladder no. B/90 123456 PMG 64 UNC. Sold for RM21,000.
  • Lot 403-10 Ringgit 8th Series . Sign Ahmad Don Solid no. AA 3333333 PMG 64EPQ. Sold for RM16,000.
  • Lot 404-50 Ringgit 8th Series . Sign Ahmad Don Solid no. AA 3333333 PMG 66EPQ. Sold for RM32,000.
  • Lot 480-China First cover year of a monkey sold for RM4,400.

Buyer premium is 15% for floor bid and 18% for liveauctioneers.com internet bidding. 6% GST is added for the buyer premium.

(All price excluding buyer premium & 6% gst unless stated otherwise)

You can view full video for the auction here:

1st session:

2nd session:

Congratulations to Trigometric Auction team for a very successful Trigometric Auction 4. Looking forward for Trigometric Auction 5 next year.
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Wednesday, October 12, 2016

Old peso bills exchange until December 31, 2016 only

Bangko Sentral ng Pilipinas (BSP) encourages individuals who still have old bank notes or peso bills (New Denomination Series) in their possession to exchange these with the New Generation Currency (NGC) Series in banks until December 31, 2016 only.

New Denomination Series

Old bank notes that have not been exchanged or surrendered will be demonetized or will no longer have monetary value starting January 1, 2017, said BSP La Union Regional Director Rogel Joseph del Rosario during the kapihan media forum here last week.

Del Rosario explained that demonetization is the process by which a central bank removes the monetary value of a legal tender currency it issued and can no longer be accepted as payment for goods and services.

The BSP is demonetizing the old banknote series which have been in circulation for 30 years as a way to safeguard the integrity of our currency, he said.

He informed that there are still remaining 10 percent of old bank notes that have not been exchanged or surrendered.

The BSP also clarified that there is no actual shortage of coins as there are 25 billion pieces of coins in circulation. The problem is that some people keep coins idle in piggy banks, or jars and not re-circulate them.

Del Rosario said “consumers should know that we now have a law, the No Shortchanging Act or Republic Act 10909, which protects consumers of their right to receive exact change”. The law also prohibits business establishments from giving customers candies as substitute for their change.

Violators will be subjected to penalties, and the gravity of the penalties will depend on the frequency of the offense, he said.

Del Rosario urged the public to use their coins in paying for their goods or bills.

Source: The Philippine Information Agency (PIA).
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