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Young woman prosecuted not reporting treasure coin

A Young woman in Ludlow become the the first person to be convicted of failing to hand in suspected treasure coin in Britain. Kate Harding, 23, was prosecuted under the Treasure Act after she ignored orders to report the rare find to a coroner. She found a 700-year-old silver piedfort marking Charles IV's 1322 coin in her garden discovered 14 years ago as she worked in the garden with her mother. When her mother's past away last year, she approached museum experts with the coin who identified it as a piedfort, but she did not inform the coroner.
Photo by dailymail.uk: Kate Harding outside the court

This is a landmark case in UK for Treasure Act 1996, treasure finder fail to report Treasure. Under the Treasure Act 1996, treasure is defined as any single object at least 300 years old which is not a coin but has a precious metal content of at least 10 per cent. The Act gives a finder 14 days to inform the local coroner of potential treasure and creates an offence of failing to carry out that duty where this is not followed.
Photo by BBC News: The silver piedfort

Photo by dailmail.UK: The silver piedfort

The silver piedfort marked Charles IV's ascension to the French throne in 1322. The exact use of piedforts is unknown. They are generally thicker than coins and were not used as currency. Experts have suggested they were used as guides for mint workers or as reckoning counters for officials. Only three others have been found in the UK. One found in 2007 was bought by the British Museum for £1,800.

Ludlow magistrates heard how Miss Harding had ignored calls and letters from Ludlow Museum advising her to report the piedfort to the district coroner once it had been identified last February. Museum staff then notified Anthony Sibcy, the coroner for South Shropshire, who informed police. Miss Harding initially claimed she had lost the piedfort, the court heard. Defending Miss Harding, Brendan Reedy said she had failed to notify the coroner because of ' disorganisation' on her part and that the artefact had a sentimental value to her. Miss Harding, who lives with her boyfriend on the outskirts of Ludlow, admitted having an object that is believed to have been treasure and not reporting it to the coroner. She faced up to three months in jail or a fine, or both, but walked free from court on Wednesday with a conditional discharge and was ordered to pay £25 of the £300 costs.

The court only fine her with a small fee. Maybe this action by the court is just a warning to all treasure hunter out there who found a treasure but will not report it. Some people really gain a lots from treasure that they find. She found that coin in her house 14 years ago but the Act already stated any suspected treasure need to be reported. Treasure found maybe an important artifact to that particular country. But this young woman isn't a treasure hunter. She look like a victim for the authority effort to stop metal detector treasure hunter in the country. What is your say about this?

Source: Dailymail.uk, BBC News

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Britain oldest shipwreck site found

One of the oldest shipwreck site was found near the town of Salcombe by divers from the South West Maritime Archaeological Group. One of the historic find in the Shipwreck site including a 3,000 year old Bronze Age trading vessel which is the oldest shipwreck ever found in Britain. Investigation and recovery work on the boat’s cargo was carried out by archaeologists from South West Maritime Archaeological Group (SWMAG) between February and November 2009, but the find was only made public this month at the annual International Shipwreck Conference in Plymouth.
Photo: A diver searches for sunken treasure using an underwater metal detector.

Photo: A golden bracelets, was part of a 900 B.C. cargo discovered in May 2009.

Photo: Golden bracelets, called torques.

So far, 295 artifacts with a combined weight of 84 kilograms have been retrieved by SWMAG at the shipwreck site. The Bronze Age treasure was found in the Salcombe region, close to the shore and in just 26 to 33 feet (8 to 10 meters) of water. Three golden bracelets found in the most recently identified Salcombe shipwreck site gleamed enough to be noticed. While the new found wreck yielded several golden bracelets, called torques, the previously discovered site included even rarer treasures, which date to between 1300 and 1100 B.C. Once worn as a bracelet, the braided-wire torque is incredibly rare, with the closest known example coming from France, according to Ben Roberts of the British Museum.
Photo: Hundreds of copper and tin ingots found at shipwreck site.

But the large quantity of metal ingots at the site resemble gravel cobbles, making them very hard to distinguish in undersea rock gullies. Shaped into pellets convenient for shipping, copper and tin ingots were the raw material for making the metal which defines the Bronze Age. The Salcombe shipwreck's 259 copper ingots likely came from overseas, possibly from mines in central Europe or what is now Spain, according to the study team. This metal ingots would have been used to make bronze, which was the key product of the period. The bronze would in turn have been used to fashion all from tools to weapons and jewellery.

Sadly none of the ship’s structure remains. Most likely it has been rotted away over the centuries. But experts have speculated that it was probably a “bulk carrier” about 12 metres long by almost two metres wide, and made out of long timber planks or a wooden frame with animal hide stretched across it. It would have been crewed by about 15 men and powered by paddle. A narrow row boat might sound like an exposed and treacherous way of crossing the English Channel, but it’s thought that intrepid Bronze Age mariners would have used vessels like this to criss-cross the waterway with some frequency.

Source: National Geographic Daily News, Photo courtesy South West Maritime Archaeological Group, Independent News UK.


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Do you know who own Mudah.my?

Do you know who owned Mudah.my? Mudah.my (Mudah.com or Mudah Classified; as some Malaysian prefer to called that website) is a website with a simple idea: buy and sell basically everything and find jobs, cars for sale, houses for sale, mobile phones for sale, computers for sale, and properties for sale in Malaysia. Some says Mudah.my owned by A Singaporean and Swedish. With over 510839 ads online everyday, Google Page Rank 5, Alexa world ranking at 2,909 and top ten Alexa ranking in Malaysia. Mudah.my certainly one trading place that everyone should be looking into.

Mudah.my exactly owned by 701Search Pte Ltd, a Singaporean Company owned by young Singaporean entrepreneur. 701Search Pte Ltd was incorporated in September 2006 and was set up by Singapore Press Holdings and Schibsted to develop online businesses in this region. In July 2007, 701Search Pte Ltd set up its first overseas subsidiary, 701Search Sdn Bhd. The company, which obtained Multimedia Super Corridor (MSC) status in Malaysia launched its online classifieds website, Mudah.my in November 2007. Within 9 months, the website established itself as Malaysia's No. 1 buy and sell website.

Schibsted ASA through its subsidiary Schibsted Classified Media (SCM) is currently the biggest online classified advertising company in Europe. It has activities in mature markets such as Belgium, France, Spain and Sweden, as well as operations in growth markets like Asia, Eastern Europe and Latin America. In Europe, SCM runs leading classified websites in Austria (Willhaben.at), Belgium (Kapaza.be), Finland (Tori.fi), France (Leboncoin.fr), Greece (AggelioPolis.gr), Hungary (Jofogas.hu), Italy (Subito.it), Portugal (CustoJusto.pt), Spain (Segundamano.es), Sweden (Blocket.se) and Switzerland (Tutti.ch). The Asian operations are controlled by 701Search Pte Ltd (701Search), a Singapore-based joint venture between SPH and Schibsted. The Asian websites include Indonesia (Berniaga.com), Malaysia (Mudah.my) and Philippines (AyosDito.ph).

The company established its Philippines office in November 2008 and launched its online classifieds website, AyosDito.ph (Tagalog for "Ok Here") in March 2009. And like its Malaysian sister website, AyosDito.ph has very quickly gained a loyal following and is well on its way to become the preferred buy and sell website in the Philippines.
In Malaysia, Shylendra A.S. Nathan is the General Manager of the Malaysia mudah.my operations. In mudah.my once the advertisements published they are conveniently organized into Location (i.e. states, regions and/or provinces), For Sale or Wanted and a variety of product categories. For a quick locate an advertisement, there are basic wide card search and advanced category dependent search criteria. Once the Advertisement is found, it can be added to Favorites for future quick reference. All advertisers' contact details are hidden on request and they block unwanted spam where possible.

For me, Mudah.my is like Malaysia online flea market. You just need to beware that there is conman, fraudster, scammer and cheater among thousands of genuine seller. The list of fraud case rise every year. Some of the coin and currency on sale in mudah is selling at a ridiculous price or make no sense at all. 1 ringgit 1971 coin sale for RM5K? Or even an old square coin(malaya & british borneo one cent coin) on sale for 900 ringgit. To anyone who do collecting will be laughing at the advertisement. But the owner should implemented some method where the seller is rated, to make sure only reputable seller keep on doing sale in their website. I try to find information about Mudah.my in Wikipedia but I cannot found any.

Source: 701search.com, Mudah.my, AyosDito.ph

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Prince of Wales visit Staffordshire hoard

A Staffordshire Hoard fundraising campaign to buy the hoards look like will be reaching its £3.3m target by 17 April after raising £800,000 in three weeks. the campaign launched at Birmingham Museum and Art Gallery, aims to raise £3.3 million to acquire the Staffordshire Hoard, which was found by a metal detectorist last summer. If the campaign is successful, the Hoard would be jointly acquired by both the Birmingham museum and the Potteries Museum and Art Gallery in Stoke-on-Trent. The gold is on display at the Potteries Museum & Art Gallery where visitors donated £75,000 to the fund last week.
Photo by Wikipedia: Some of the Staffordshire Hoard

Keith Bloor, head of museums in Stoke-on-Trent, said he was confident the funds would be raised to keep the 7th Century gold in the West Midlands.

"I think we will do it, we've got to do it for the region," Mr Bloor said.

"We are already in discussion with some other major trusts and public funding bodies as well for some significant contributions," he added.
Photo by artfund.org: Prince of Wales to be the first to handle the hoard

Birmingham City Council and Stoke-on-Trent City Council have until 17 April to raise the funds needed to buy the Staffordshire Hoard for the West Midlands. The Art Fund's, kick-started the public appeal by announcing an initial Art Fund grant of £300,000 and by unveiling the official donation website www.artfund.org/hoard last January. The Museum also received a royal visit for inspection of the Staffordshire Hoard. The Prince of Wales and the Duchess of Cornwall have viewed the Staffordshire Hoard as part of Stoke-on-Trent's six-town federation centenary celebrations. They were allowed to handle an Anglo Saxon gold cross and a detailed gold stud with millefiori glass at the Potteries Museum & Art Gallery.

The Staffordshire Hoard - comprising around 1,500 items made of gold, silver and precious stones - remained as one collection. The Staffordshire Hoard is a name given to the largest hoard of Anglo-Saxon gold yet found. Discovered in a field in the village of Hammerwich near Lichfield in Staffordshire, England on 5 July 2009, it consists of more than 1,500 items that are nearly all martial in character. The artefact's have tentatively been dated to the 7th or 8th centuries, placing the origin of the items in the time of the kingdom of Mercia.

Source: BBC News, Artfund.org

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Ole Bull 10 krone coin

Norges Bank (Norway) had been releasing a coin to commemorate the 200th anniversary of the birth of Ole Bull, a special edition circulation coin on 5 February 2010. The coin is being issued to pay tribute to Ole Bull as a world-famous violinist and composer, says Trond Eklund, director of Norges Bank’s Cashier’s Department. A competition was held for the design of the coin’s reverse. The winning design was created by the sculptor Wenche Gulbransen and features Ole Bull’s portrait fused with part of a sheet of the music of “Seterjentens søndag”, one of Bull’s most famous compositions.
Photo by Wikipedia: Ole Bornemann Bull

Ole Bornemann Bull was born on 5 February 1810 in Bergen and died on 17 August 1880. A celebrated Norwegian violinist and composer of international renown, his impassioned dedication to traditional Norwegian folk music played a prominent role in the development of a distinctively Norwegian culture following the dissolution of the union with Denmark in 1814. In the course of his long career, Ole Bull travelled extensively, performing all over the world, and composed a total of more than 70 works, including Recuerdos de Habana, Et Sæterbesøg, Sætergjentens søndag, I ensomme Stunde and Polacca Guerriera. He also supported and encouraged young Norwegian classical musicians such as Edvard Grieg, Erika Nissen, Agathe Backer Grøndahl and Rikard Nordraak.
The obverse features a portrait of H.M. King Harald V facing right. Around the portrait is the inscription: HARALD V NORGES KONGE. At the lower left edge of the portrait is the artist’s signature, IAR. Below the portrait is the year 2010 with Det Norske Myntverkets (Mint of Norway’s) mintmark, the crossed pick and hammer, placed between the first two and last two digits.
The design on the reverse features Ole Bull’s portrait fused with part of a sheet of music from his composition ”Seterjentens søndag”, one of Bull’s most famous compositions, with his name (OLE BULL), the anniversary year (200 ÅR) and the coin’s denomination (10 kr) to the right. These elements form a decorative and rhythmic whole. Below the denomination is the designer’s signature, WG.

Design and technical specifications:
  • Diameter: 24.0 mm
  • Thickness: 2.0 mm
  • Weight: 6.8 g
  • Alloy: 81% Cu, 10% Zn, 9% Ni
  • Edge: Alternate plain/milled

The special edition coin is the same size as the standard 10-krone coin and will be legal tender. The coin issued as part of the Ole Bull 2010 project established by the Art Museums of Bergen foundation. The anniversary celebrations officially launched at a gala performance at Den Nationale Scene in Bergen on 12 February. For more information and programme details you can visit www.olebull2010.no.

Source: Norges Bank, Wikipedia

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New Jersey's Pound 2010

Some people do collect pound currency and a news by BBC yesterday certainly a good one. A new Jersey's banknotes will be on circulation starting April 2010. To anyone who might do not know that Jersey is in currency union with the United Kingdom, and the Jersey pound is not a separate currency but is an issue of banknotes and coins by the States of Jersey denominated in pound sterling, in a similar way to the banknotes issued in Scotland and Northern Ireland. It can be exchanged at par with other sterling coinage and notes. The Jersey's Pound having a new look since 1989.


The new notes will have a new image of Her Majesty Queen Elizabeth II, a hand engraved intaglio portrait based on a photograph by Mark Lawrence. Its also will highlight different aspects of architecture, history and culture in the island. They will also feature the numbers in English, French and Jèrrias and the 12 parish crests. The islands native language, Jèrriais will feature on all of the notes in the value and the words États de Jersey. It will have the crest of the States of Jersey beneath the image of the Queen and there will be central vignettes on the front and back featuring important Jersey landmarks. The notes also include hand engraved images of the various Jersey Round Towers - built between 1780 and 18001 to protect the island from invasion.

The £1 note

The new look £1 note is in 'Fresh Green' and features the Monument to Freedom sculpture, seen in Liberation Square on the front. The Neolithic ritual site of La Hougue Bie, built over 4000 years ago is on the back. There is also an image of Le Hocq Tower in St Clement on the £1 note. This will also feature the words: ONE POUND, UNE LIVRE and UN LOUIS.


The £5 note

The new £5 note is in 'Sky Blue' and shows two important Jersey houses, the 16th century National Trust property, Le Rat Cottage on the front. And on the back Les Augres Manor, home to Durrell Wildlife Conservation Trust is shown. The £5 note also features Archirondel Tower at St Catherine's Bay. Look for FIVE POUND, CINQ LIVRES and CHÎN LOUIS.


The £10 note

The new look £10 note is in 'Burnt Sienna' and features the Hermitage at Elizabeth Castle on the front. On the back is the unique Lalique glass sculptures that are in St Matthew's Church, St Lawrence. Seymour Tower offshore in Grouville Bay is also features on the £10 note. On the £10 note see TEN POUND, DIX LIVRES and DGIÊX LOUIS.


The £20 note

The new £20 note is in 'Cool Violet' and shows the island's parliament building, The States. The the exterior view of the building is on the front and the interior is shown on the back. La Rocco Tower at St Ouen's Bay is featured on the £20 note. Here you will see TWENTY POUND, VINGT LIVRES and VÎNGT LOUIS.

The £50 note

The new £50 note is in 'Cherry Red' and includes the outline of the medieval castle of Mont Orgueil on the front. On the back the Les Ecrehous feature, with the houses on the island of Marotiere. Ouaisné Tower at Ouaisné Bay is also on the £50 note. And the £50 will have FIFTY POUND, CINQUANTE LIVRES and CHÎNQUANTE LOUIS.

Source: BBC News, States of Jersey website

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This guy called me before

For the past few month, one African guy called me and sms me telling that he want to meet me. In his sms, he is telling me that he want to sell me old RM50 and US Dollar for a very good bargain. When I asking him what series is that fifty ringgit is, he don't reply back. When I called his number, he also cannot give detailed about what he want to sell. I know something is wrong and never reply to this guy sms and called ever again. He changed his number few times and still trying to lure me to his trap.
Photo: Chief Asst Comm Izany Abdul Ghany show the fake money

On 12 February 2010, a news in local star newspaper stated about a Cameroon national held over fake notes. Police detained the Cameroon national who allegedly tried to “trade” RM140,000 in fake ringgit notes for US$20,000. The 28-year-old suspect caused minor injury to a policeman while resisting arrest on Monday. The policeman suffered a gash on his right arm while trying to arrest the suspect. The suspect pleaded innocence and claimed that he was a student. However, further investigations revealed that it was not true.

“The victim, in his 50s, had informed us that an African was trying to trade the fake notes. We decided to trap the suspect. He was arrested near Persiaran Hampshire off Jalan Ampang as he was on the way to make the currency trade,” City commercial crime unit division chief Asst Comm Izany Abdul Ghany said in his press statement.

Police found 1,778 fake notes of RM50 denomination inside a black bag in his car. The suspect is believed to be involved in a syndicate which called up people at random to trade genuine currency for fake ones of “higher” face value. Those who are greedy will not be rejected if the exchange offer a double benefit.

Izany said the suspect had no identification documents admitted into this country using the student pass. He said the suspect is believed to carry out these activities by calling the victim consists of members of the business at random. In the telephone conversation, he will offer service exchange ratio with the victim $ 20,000 U.S.: RM140, 000. Izany said the suspects are remand for four days and for further investigation under Section 420/511 of the Penal Code.

I know this guy and his friend called me before. I don't have their details anymore since I already deleted the sms and I don't keep his number. This "awang hitam" already give so many social problem to this country. If they want to do business with me, I already give negative perception that their business is illegal. They always giving excuse that there are student in this country? To Malaysia enforcement agency and authority that relevant to this "awang hitam" coming in into this country, why no action taken to stop them from coming in? If this so called student just coming in and try to bring trouble, why don't just keep them away from this country?

Source: Malaysia Star News, Bernama

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How much money can i bring into malaysia

A reader asked me "how much money can i bring into Malaysia"? He will be coming to Malaysia this year for a holiday. He heard that foreigner can only bring amount equivalent to USD1,000 when entering and going out from Malaysia. New Currency Declaration Requirement at All Entry and Exit Points of Malaysia had been announced by Bank Negara Malaysia on 23 December 2009. They already changed that amount to USD10,000 but normally, Custom will not check your baggage unless someone reporting you bring more money then you should.

Effective 1 January 2010, travellers entering or leaving Malaysia with cash and/or negotiable bearer instruments (e.g. traveller's cheques, bearer cheques) exceeding an amount equivalent to USD10,000 must make a declaration in form Customs No. 22. This is in line with the global effort to combat money laundering and terrorism financing. The Customs form No. 22 will be made available at counters located before the Customs Checkpoints at all entry and exit points of Malaysia.

This is a requirement under section 23 of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) and is in line with the Special Recommendation IX by the Financial Action Task Force which requires countries to have measures in place to detect the physical cross border transportation of cash and negotiable bearer instruments. Travellers could be fined up to RM1 million and/or face imprisonment not exceeding a term of one year if they fail to declare or make a false declaration.

The Minister of Finance has given his approval for the invocation of section 23 of the Anti Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) effective 1 January 2010. This new requirement is in line with global efforts to combat money laundering and terrorist financing activities. Countries like Canada, United Kingdom, Australia, New Zealand, Japan, Philippines and Singapore have also adopted the same declaration requirement on the physical transport of cash and negotiable bearer instruments. The Royal Malaysian Customs is the competent authority responsible for enforcing this new requirement.


The country comparison on the currency declaration requirements are as follows:


Country
Relevant Authority
Effective Date
Amount
(or equivalent in foreign currency)
Singapore Singapore Police Force
1 Nov 2007
S$30,000 or more
Philippines Central Bank of Philippines
11 February 2006
US$10,000 or more
Japan Japan Customs
1 June 2008
1 million yen or more
New Zealand New Zealand Customs
11 February 2006
NZ$10,000 or more
Australia Australian Transaction Reports and Analysis Centre (AUSTRAC)
and Australian Customs (for currency declaration)
13 December 2006
AUD$10,000 or more
United Kingdom HM Revenue and Customs
15 June 2007
10,000 euros or more
Canada Canada Border Services Agency
6 January 2003
Can$10,000

Note: Cash includes currency notes, coins, bankers' drafts, cheques and travellers cheques of any kind, except for New Zealand, which defines cash as the coin or paper money of New Zealand or of a foreign country.

For further information, members of the public can contact the Royal Malaysian Customs Department or Bank Negara Malaysia at the following contact points:

Royal Malaysian Customs Department
Public Relations Division
Royal Malaysian Customs Department Headquarters
Tel: 1-800-88-8855/+6 03-8882 4803/+6 03-8882 2929 or
E-mail: kastam@customs.gov.my/aduan@customs.gov.my
Website: http://www.customs.gov.my

Bank Negara Malaysia
BNMTELELINK (Customer Service Call Centre)
Tel: 1-300-88-5465 or
E-mail: bnmtelelink@bnm.gov.my
Website: http://www.bnm.gov.my

Source: Bank Negara Malaysia.

For an update of this post, you can read, Limit to bring cash in Malaysia.

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Malaysia 1971 1 sen nickel?

How much this rare coin worth? Have you ever heard about Malaysia 10 sen 1971 coin? Most of Malaysia coin collector or Malaysian knew that coin is rare and have a very high price among collector. How about Malaysia 1979 1 sen nickel coin? Only two of the coin is known to exist and this coin is more like a myth to collectors. Most collector including me never have seen that coin. If I have the opportunity to look at the coin, I will most probably take a picture with it. What about Malaysia 1971 1 sen nickel coin? Have you ever heard anything about it? There is no record about this coin in Steven Tan Standard catalog.

As weird as this coin might be, the story came to me at a very weird time to. I am playing Zynga Poker at 4am few days ago, a Facebook friend post a message in the chat box.

"Pernah tengok duit Malaysia 1971 1 sen nickel?" (Have you seen Malaysia 1 sen nickel 1971 coin before?) Asked bonden.

"Duit nickel 1 sen? 1979 pun tak pernah tengok. Adakah?" (1 sen nickel coin? I never seen the 1979 coin. Is there any?) I reply.

I thought he is talking about 1979 1 sen coin. I read about it in a books but never saw it in real life and never saw any picture of it. That coin is more like a myth and legend. You heard about it but only a few have saw it in real life. Some Malaysia coins book author also don't stated about this coin. Most probably this author never saw that coin before. Normal 1 sen 1979 coin is made of copper-clad steel. Only two of the coin found so far made of nickel. the price is around RM2,500 for uncirculated (according to Steven Tan Standard catalog 18th edition-the price should be more since the book published in 2007).

Then Bonden explain it to me, he is talking about Malaysia 1 sen 1971 with nickel planchet. A planchet is a round metal disk that is ready to be struck as a coin. An older word for planchet is flan. They are also referred to as blanks. The owner of the coin show it when he meet Bonden collecting coins he buy from him. Abdullah, 49 years old from Johor Bahru is a rare and error coin collector. He has been keeping that coin for over 35 years. He got it from his brother who work in AIA Insurance in the 70's. His brother bought the coin from Bank Negara Malaysia employee. Abdullah started buy rare coins after he knew how much 1 sen 1979 nickel price.

Looking at the coin picture, there is a trace of copper near the denomination value. The coin look like it is coated with nickel or silver? (the shine is different from nickel). It is just my personal opinion looking at the coin from the picture given by bonden. I never saw the real coin itself. The probability of such coin exist is very low but mistake can happen with million of blanks during minting process. Some people says, Bank Negara Malaysia employee make the mistake happen to gain extra income from people who love to collect rare coins.

Abdullah said that this rare coin is not for sale. How much do you think this rare coin worth? five thousand ringgit for 1 sen nickel 1971 coin? Is it worth that much? Is this coin for real? Share your opinion in here. Some of you might have seen the real coin itself.

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Looking for Chiie Mint not Chile Mint?

You are looking for Chiie Mint not Chile Mint? Mint from Republica De Chiie? A typo error caused one engraver in Chile Mint his job. The engraver, Pedro Urzua Lizana, fired by Chile's mint for an error that led to the release of 1.5 million coins featuring the country of "CHIIE" said that his bosses deliberately covered up the mistake. The error showed up on Chilean 50-peso pieces for the year 2009. The 50-peso piece is 2.5 centimeters across, just under an inch making it difficult to immediately see on the faulty coins that Chile is spelled "Chiie."

Engraver Pedro Urzua Lizana told The Associated Press he unknowingly left off the bottom part of the letter "L" when, in December 2008, he was hurriedly fixing a minor deformity in the original mold for making the dies to stamp out the coin. The coins were released to the public last year but no one at the mint, including himself, knew about the error until a coin collector called in October to point it out. Once informed, officials at the mint fixed the stamp for future 50-peso pieces, but sent another batch of bad coins to the Central Bank without telling officials there of the error, those coins never were released to the public. His Boss Gregorio Iñiguez (General Manager of Chile Mint) and several other employees have also reportedly been sacked after the incident.

Pedro Urzúa, head franker at the Chilean mint, pleaded his innocence after it was suggested that the mistake had been deliberate. "I have been accused of having written the word "C-H-I-I-E" deliberately, but it was an error spotted by neither myself nor the entire chain of people who saw and approved it afterwards," he said.
Photo by condeorloff at flickr: Republica De Chiie 50 peso coin

Urzua is suing the mint for denying him severance pay — based on what he says is the mint's false claim that he was doing work for other employers at his house, something forbidden in his contract.

After this story came out, many collector will be looking for a 2009 50 peso Chiie coin for sale. It cost someone his job but this coin also will cost a bit more then its face value suggested. I wonder how this coin can passed a spell check? And the engraver statement that he forget to put the bottom part of "L" also make no sense at all. How can he released them later with no double check himself. This is one mistake that anyone will try to avoid.

Source: BBC News, The Associated Press, Times online.

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Where can you change damage money?

Where can you change damage money? I am not talking about the current Malaysia ringgit exchange to US dollar. What I meant is how you can exchange or redeemed your damaged, torn or discoloured ringgit notes to a new one at Bank Negara Malaysia or any of its branches. Bank Negara Malaysia (BNM) has been posted a guidelines for this on 15 September 2009. This is also a post for anyone who read about the "laundy money" of Yeoh Jit Shiong. The news posted on the local Star newspaper show how many people don't know how they can change or replace their money with the new one.
Photo from The Star News: Ink Wear ringgit

Here is a guidelines by BNM on the treatment of unfit, mutilated, defaced and fraudulently tampered genuine banknotes.

1. Unfit banknotes.
All unfit banknotes that have the following characteristics should not be reissued to the public but instead deposited in BNM:
  • Soiling-General or localized spread of dirt or liquid on the surface of the banknote.
  • Limpness-Excessive folding that result in a breakdown of the structure and limpness of the banknote.
  • Crumples-(shrinkage of a polymer banknote).Multiple random folds across the entire banknote that strongly affect the visual appearance of the banknote (including shrinkage of polymer) banknote due to excessive exposure to heat.)
  • Ink wear-Ink wear on part or whole of the banknote, for example, if it has been washed or is subjected to abrasive chemical agent.
  • Tears-Tears of any size or direction of more than 5mm on any part of the note.
  • Holes-Banknotes exhibiting at least one visible hole greater than 5mm (staple and pinholes are acceptable).
  • Repairs-Parts of the same banknote joined together by tape or glue.
  • Corner folds-Permanent and irreparable corner folds leading to a reduction in length of more than 5mm or a reduction in width of more than 5mm.
  • Burnt / Termite infested-Damage caused by burning or termites of any size or direction of more than 5 mm.
  • Composed banknote-Banknotes divided into several parts and only some are joined together or parts of different banknotes are joined together.
  • Missing security feature-Any one or more security feature missing or is defective.
  • Defaced-Banknotes containing words, signs, symbols and drawings inscribed deliberately on the surface.
Photo by ilzdaf fotopages: torn new 5 ringgit polymer notes

Photo by Bank of Thailand: paper money damage by termites infested

2.Mutilated banknotes.
Mutilated banknotes mean banknotes which have been damaged or the appearance of which have changed, by accidental contact with water, oil, paint, ink or similar substance or a portion or portions having become missing provided that such portion or portions as may be presented may be established beyond all reasonable doubt to have been originally a portion or portions of a single currency note. ‘Mutilated banknotes’ that require assessment for compensation by BNM should be presented at BNM branches or Head Office.

The following guidelines for the assessment of mutilated banknotes should be observed:-
  • Full value-BNM will compensate full value to any piece of banknote which has more than two third (2/3) of the original size.
  • Half value-BNM will compensate half value to any piece of banknote which has half (1/2) or more than half, but less than two thirds (2/3) in size.
  • No value-BNM will not compensate any value to any piece of note which is less than half (1/2) in size of the original note.
  • All significantly mutilated banknotes submitted by the public for which the Bank will not grant compensation shall be returned to them.
3. Defaced banknotes.
Defaced banknotes are banknotes that contain words, signs, symbols and drawings or caricatures that are either written or inscribed on the surface deliberately.

The following guidelines for the assessment of defaced banknotes should be observed:-
  • Full value-BNM will compensate full value to any piece of banknotes, which has minor defacing.
  • No value-BNM will not compensate any value to any piece of banknote which is defaced in any significant way, i.e. markings done on the portrait of the Yang DiPertuan Agong, writing political slogans or using the banknote as a writing pad or invitation card. This is regulated in Section 25 and 27 of the Central Bank of Malaysia Act 1959.
Photo by Bank of Thailand: badly burnt banknotes

4. Doubtful cases
Any doubtful cases where an assessment is difficult to make due to poor condition of the note (e.g. a piece of badly burnt note or damaged note where the size of the note is difficult to determine) should be referred to Bank Negara Malaysia for assessment.

5. Fraudulently tampered genuine banknote
BNM will not compensate any value to a piece of genuine banknote whose original feature(s) and/or denomination has been altered, removed or tampered with (in whole or in part), and they are replaced by suspected counterfeit portion(s) or feature(s), or feature(s) taken from other genuine banknote.

6. Counterfeit banknote
BNM will not compensate any value for a counterfeit banknote.

7. Reference
For further details, please refer to the Guidelines on Quality Standards for Malaysian Currency as published in www.bnm.gov.my.

This is a great exchange hosted by Bank Negara Malaysia for any money that damaged during circulation. Banknote is medium of exchange, it is repeatedly circulated from one to another. Being continuously used, they finally become damaged such as mutilated, some parts missing, strained, or faded away, and therefore, they are not suitable for common use. Next time if you find any of this banknote or damage them by mistakenly put your wallet in a laundy. You can change them at Bank Negara Malaysia office or any of it branches.

Source: Bank Negara Malaysia

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Love story on a coin

Happy Valentine day to anyone who celebrate them. Valentine's Day is an annual holiday held on February 14 celebrating love and affection between intimate companions. The holiday is named after one or more early Christian martyrs named Valentine and was established by Pope Gelasius I in 496 AD. It is traditionally a day on which lovers express their love for each other by presenting flowers, offering confectionery, and sending greeting cards (known as "valentines"). Modern Valentine's Day symbols include the heart-shaped outline, doves, and the figure of the winged Cupid.
Photo: 1899 Russian 10 Ruble Gold Coin, Tsar Nicholas II by eBay seller troy100000

In Japan, a Russian gold coin found in Matsuyama, Ehime Prefecture, on which the names of a Japanese woman and Russian man were carved could be a memento of a romance between a Russian prisoner of war and a Japanese nurse. The 10 ruble coin, minted in 1899, was found in a well on the premises of Matsuyama Castle where a hospital taking in prisoners from the Russia-Japanese War (1904-1905).

On the coin were the names Naka Takeba and Mikhail Kostenko in Japanese "katakana" characters, as well as the Russian alphabet equivalent of M. Kostenko. According to the city's education board, there was an article in an old local newspaper suggesting the two were in love but were torn apart in the end. In the Kainan Shimbun newspaper, now the Ehime Shimbun, issued in 1904, there was a report about a female nurse named Naka Takeba working at the Imperial Japanese Army hospital on the castle premises where the Russian prisoners were institutionalised. The city reported earlier that the Japanese name found on the coin was Ka Tachibana but it later corrected the name to Naka Takeba.

The couple might have expressed their feelings by engraving their names on the coin as society back then would not allow a romance beyond national borders. This show how a coin can tell a love story between two people with a different language and both of their country are in war. Back then, their love story maybe will not be accpeted by anyone. Nowadays, reading how they carving the gold coin with their name already show how romantic their love journey has been.

Source: Kyodo News, Bernama

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Happy Chinese New Year 2010

First of all, i want to wish all my Chinese reader who celebrate Chinese new year Gong Xi Fa Chai and prosperous tiger year 2010 ahead. Traditionally, Red envelopes or red packets (Cantonese: lai sze or lai see) ; (Mandarin: 'hóng bāo' ); Hokkien: 'ang pow' ( âng-pau); Hakka: 'fung bao'; are passed out during the Chinese New Year's celebrations, from married couples or the elderly to unmarried juniors. It is also common for adults or young couples to give red packets to children.
In Vietnam, red envelopes are called lì xì (similar to the Cantonese pronunciation "lai see") or, in some cases, phong bao mừng tuổi (happy new age envelope). In Thailand and Malaysia, they are known as ang pow or ang pao for Philippines (the pronunciation of the Chinese characters for "red envelope" in the Hokkien/Fukien dialect) or tae ea among the Chinese-Thai. In Myanmar (Burma), the Burmese Chinese refer to them as an-pao (Burmese: ), and South Korea's envelopes are called "sae bae ton" and the envelopes are white, not red. In Japan, there is a monetary gift called otoshidama but white envelopes are used with the name of the receiver written on its obverse.
There are no clear literary sources from which to trace the origin of the red envelope tradition. In China, during the Qing Dynasty, the elderly would thread coins with a red string. The money was called yāsuì qián, meaning "money warding off evil spirits", and was believed to protect the elderly from sickness and death. The yāsuì qián was replaced by red envelopes when printing presses became more common. Red envelopes are also referred to as yāsuì qián.

Red envelopes are mainly presented at social and family gatherings such as weddings or on holidays such as the Lunar New Year. The red color of the envelope symbolizes good luck and is supposed to ward off evil spirits. During Lunar New Year, red envelopes are typically given to the unmarried by the married. The amount of money is usually a single note to avoid heavy coins, and to make it difficult to judge the amount inside before opening. It is traditional to put brand new notes inside red envelopes.

The amount of money contained in the envelope usually ends with an even digit, in accordance with Chinese beliefs; for instance 88 and 168 are both lucky numbers, as odd-numbered money gifts are traditionally associated with funerals. But there is a widespread tradition that money should not be given in fours, or the number four should not appear in the amount, as the pronunciation of the word "four" resembles that of the word "death", and it signifies bad luck for many Chinese (See Numbers in Chinese culture). At weddings, the amount offered is usually intended to cover the cost of the attendees as well as a goodwill to the newly weds.
Wish everyone:
新春佳节,祝你虎年大吉大利,大显身手,虎气冲天!
(Xīnchūn jiājié, zhù nǐ hǔnián dàjí dàlì, dàxiănshēnshŏu, hǔqìchōngtiān).
Wish you good luck in the Chinese New Year of the Tiger. Take the spotlight and fully show yourself.

Source: Wikipedia.

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Perth Mint Tiger Stamp and Coin Cover

Another Tiger coins that worth to mention is Perth Mint 30mm Australian $1 coin for exclusive inclusion in Australia Post’s 2010 Year of the Tiger Stamp and Coin Cover. This Tiger Stamp and Coin Cover has been released on 12 January 2010. Beautifully produced, it’s a perfect gift for all those born in years said to be influenced by the Chinese lunar tiger – 1926, 1938, 1950, 1962, 1974, 1986, 1998 and 2010. For only AUS $13.59 the item also features Australia Post’s seal of authenticity and an official number.

The coin depicts a tiger reclining under a tree in a reverse design that also incorporates the Chinese character for ‘tiger’ and The Perth Mint’s ‘P’ mintmark.

The coin bears the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on its obverse. Issued as legal tender under the Australian Currency Act 1965.

Australia Post Commemorative Stamps

The card-mounted coin fits inside a colourfully illustrated envelope featuring $1.65 and 55c stamps from Australia Post’s popular Christmas Island Lunar New Year Series. Both stamps, which bear designs based on the Chinese character for ‘tiger’, are postmarked 12 January 2010, the day this Stamp and Coin Cover is released.

This item already sold out and you cannot buy it from Perth Mint website. You can still buy this by searching for this item on the other website. The price come with a slight difference though. This is the last tiger coin for this week. If you have found any tiger coin that worth to mention, please email or inform me in this posts.

Source: Perth Mint

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Global Liberty coin

One German Company, Global Metal Agency is offering a chance for anyone to book worlds heaviest gold coin. Only 3 coins will be minted by the gold seller. The Global Liberty coin has a fineness of 999.9, weighs 3,333 troy ounces or 103.6 kilos and will have a issue price of Euro €2.99 million. Reservations will be taken forward immediately. The name Global Liberty came from freedom or financial freedom as one of the highest achievements of mankind. On the obverse side, the gold coin will display the Brandenburg Gate in Berlin, a borderpoint between East and West Berlin until Germany's reunification in 1989. The reverse side is loosely designed after the flag of the United Nations. The gold will be 50 centimeters in diameters.


Once produced, this coin will be The World's largest gold coin. In October 2007, the Million Dollar Coin by Royal Canada Mint was certified by Guinness World Records to be the world's largest gold coin. The reverse features an elegant, hand-polished maple leaf design by Royal Canadian Mint artist and senior engraver Stan Witten, and the obverse bears the effigy of Her Majesty Queen Elizabeth II by celebrated Canadian portrait artist Susanna Blunt. The coins are both adorned with a maple leaf and boast 99.999 percent purity, a notch above previous purity peaks of 99.99 percent.

The Brandenburg Gate (German: Brandenburger Tor) is a former city gate and one of the main symbols of Berlin and Germany. It is located west of the city center at the junction of Unter den Linden and Ebertstraße, immediately west of the Pariser Platz. It is the only remaining gate of a series through which one formerly entered Berlin. One block to the north stands the Reichstag building. The gate is the monumental entry to Unter den Linden, the renowned boulevard of linden trees which formerly led directly to the city palace of the Prussian monarchs. It was commissioned by King Frederick William II of Prussia as a sign of peace and built by Carl Gotthard Langhans from 1788 to 1791. The Brandenburg Gate was restored from 2000 to 2002 by the Stiftung Denkmalschutz Berlin (Berlin Monument Conservation Foundation). Today, it is considered one of Europe's most famous landmarks.

Source: Global Metal Agency, Wikipedia

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Second series Olympic 50p coin

A West Yorkshire boy 50 pence design has been chosen from more than 3,000 entries to become a new 50p coin inspired by the Olympic Games. Theo Crutchley-Mack, 16, from Halifax, said it was "absolutely amazing" that his picture of a cyclist in a velodrome was chosen by the Royal Mint. Theo's coin is the second in a series of 29 officially licensed commemorative Olympic 50p coins. The first was created by nine-year-old Florence Jackson and unveiled in October last year. Each coin in the series depicts a different Olympic and Paralympic sport, with the remaining 27 coins to be announced later this year.

Dave Knight, head of commemorative coins at the Royal Mint, explained the judges' choice.

"It's a very good design, irrespective of Theo's age, it is very good," he said.

"It is technically very proficient, and he has really captured the essence of speed and cycling in general," he said.

Theo design was also seen and approved by the Queen. Up to three million of Theo's coins will be released into circulation later this year. Theo will receive a unique gold coin featuring his own artwork and will be invited to see his design being transformed into actual UK coins at the Royal Mint. His school will also receive a £10,000. The teenager, who is a keen cyclist himself, described how the picture had been lost under a pile of papers before his mother found it and encouraged him to send it in to the competition.

Theo said: “I thought the chances of me winning were very slim, so I nearly didn’t send it off.

“But my mum Sue found my design in a pile of rubbish and convinced me to send it off.

“But I’m very glad I did. I’ve made history and the thought that so many people will be able to see my design, to have my 50p coins in their pockets, is just amazing.”

Theo’s parents and grandmother were on hand to watch a giant, two metre replica of his design be unveiled on the assembly stage, stunning friends and teachers alike, who knew nothing of his momentous win.

Source: BBC News, examiner.co.uk, Royal Mint UK

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Perth Mint Gemstone Tiger

Another beautiful coin by Perth mint in the tiger lunar series is Australian Lunar Series II 2010 Gemstone Tiger 1kg Silver Coin. This coin come with a Golden Topaz on the tiger eye. The 2010 Australian Lunar Silver Coin Series celebrates the Year of the Tiger, a beautiful but terrifying animal revered in Chinese culture as embodying the courage and competitiveness of a natural leader. As well as appealing strongly to collectors, this coloured release makes an ideal gift for all those born in the Year of the Tiger - including 1926, 1938, 1950, 1962, 1974, 1986, 1998 and 2010.
It came with a presentation packaging accompanied by a numbered Certificate of Authenticity, the coin is housed in a contemporary red and black display case and illustrated shipper. The coin also struck by The Perth Mint from 1kg of 99.9% pure silver in specimen quality. With no more than 5,000 Gemstone Edition coins minted, this is a coin for celebrating the 2010 Year of the Tiger. The coin's reverse depicts a coloured image of a tiger lying on the ground with a golden topaz gemstone in its eye. As well as the inscription ‘Year of the Tiger’ and the Chinese character for ‘tiger’, the design also incorporates The Perth Mint’s ‘P’ mintmark.
Issued as legal tender under the Australian Currency Act 1965, the coin features the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on its obverse.

Technical Specifications:

Silver Content: 32.152 troy oz
Monetary Denomination: 30
Fineness: 99.9% purity
Minimum Gross Weight: 1001.002gm
Maximum Diameter: 101.00mm
Maximum Thickness: 14.60mm
Price:AUS $1,450.00

Source: Perth Mint

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Laundry money anyone?

Yesterday, a story by Joshua Foong from Malaysia local newspaper The Star share a story how all the new RM50 notes cleaned out after leaving his wallet in the wash. Yeoh Jit Shiong, 25, a mechanical engineer had RM200 literally “washed away” when the print on his new RM50 notes disappeared after he accidentally left his wallet in the laundry. I don't think this is a new story. This kind of story keep repeating every year each times a new banknotes has been released by Bank Negara Malaysia.

“The printing was completely washed off, including the serial number" said Yeoh.

“What’s surprising is that an old RM50 note that got washed along with the new notes wasn’t damaged at all,”

“If an old RM50 note can withstand being in a washing machine, why not the new RM50 note, which is supposed to be an improved, upgraded version?” he asked.

Yeoh had withdrawn RM300 in RM50 notes from an ATM in USJ earlier in the day. He said the notes from the ATM were new and genuine.

“I used RM50 to pay the cashier at a petrol station, who validated it with a bank-note detector.

“With the serial numbers washed off, how am I going to take the notes back to the bank for an exchange?”

 Can this mechanical engineer change his banknotes to a new one? He certainly can. Just go to any Bank Negara branches and said that you have a damaged banknotes. Normal bank normally will not change your damaged money with a new notes. I read so many site about coin and banknotes almost everyday but I never saw any news about how paper money from other country get damaged or its colour washed away like this. Most Malaysian don't know how to take care of their money. They just think paper money can survive any condition. When the new polymer 5 ringgit been released few years back, its colour also can be washed away and the money can be easily torn apart. Does Malaysia banknote made from low quality material with so many security features?

What do you say about this? Some of you most probably, laundry your money by mistake. Please share your opinion in here.

Source: the Star

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