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 Friday, June 29, 2007
Friday Fix
Posted by tom
Friday Fix
London pm fixes for 6-29-07
Gold $650.50
Silver $12.54
Platinum $1,273.00
Palladium $365.00
Friday Fix
6/29/2007 9:28:43 PM (Eastern Daylight Time, UTC-04:00)
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 Thursday, June 28, 2007
Indore Silver Rupee Pattern on the market
Posted by tom
Exceptional Pattern From Indian Princely State of Indore
Indian and Islamic coinage expert Steve Album released his fixed price list 225 this week. Looking it over, I noticed a most interesting silver Rupee from the Indian Princely State of Indore. This particular piece has never been listed in our Standard Catalog of World Coins, as it is exceptionally rare with only two examples having been traced. It is a machine-struck pattern of Shivaji Rao dated VS1943 (1865) with an attractive sun face and rulers titles on obverse and standard design on the reverse.
Steve has it offered at a fixed price of $2,400 and you can see a nice blown-up image at his website,www.stevealbum.com
Focus Country | Lots You'll Like
6/28/2007 8:40:44 PM (Eastern Daylight Time, UTC-04:00)
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Triple Play Coin Hits France, Spain & Philippines
Posted by tom
One more from Stack's sale Features Bouvet Designs
One of the oddest and most unusual pieces I've seen in quite a while is crossing the auction block in the Stack's Coin Galleries sale of July 18th. The coin is a mule of two pattern obverses from two different countries. The obverse displays the typical portrait of Napoleon III by Bouvet, while the revers, or should I say other obverse, is graced with a Bouvet design of a younger Isabel II.
Cataloging of the original coins from which these mules are derived ties this piece to three countries: France, Spain and the Spanish colonial issues of the Philippines. A wonderful item for the right collector and well worth it's large estimate of $7500-$10,000. The starting bid is set at $4500 though, so there may be a nice opportunity for the interested collector of these crossed fields to pick up a most unusual addition to their 19th Century monarchs, one which might in fact be unique.
Auction Lot of the Week | Lots You'll Like
6/28/2007 8:32:08 PM (Eastern Daylight Time, UTC-04:00)
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Sieze that Siege Coinage!
Posted by tom
Auction Alert - Siege Coinage
In the Stack's Coin Galleries auction, set to close July 18th, there is a nice sized offering of Siege Coinage. There are more than 20 lots of Siege coins listed, some are multiple coin lots. most types are seldom seen, while a few are quite scarce. The Palma Nova 50 Centisimi of Venice is a very lovely example, nicer than most we have seen over the last few years and the Tournai 8 Sols from the Spanish Netherland is a pleasant example for this seldom seen type.
This collection also sports one of the rare Cattaro Siege pieces, from Montenegro. These coins were issued by the French defenders of this port city during the Montenegrin and British siege of 1813. The French cast silver coins during the siege in denominations of one, five and 10 Francs. The piece offered in the Stack's sale is a one Franc, Km#1, graded extremely fine and estimated conservatively at $300-400. It wouldn't shock me if the closing price was double that.
If you are inetrested in starting a Siege Coin collection, this might be a good time to get your feet wet with this attractive selection at Stack's.
Auction Lot of the Week | Lots You'll Like
6/28/2007 8:23:30 PM (Eastern Daylight Time, UTC-04:00)
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Simon Bolivar - The Great Liberator
Posted by tom
Auction Lot of the Week
Bolivar Proves to be Liberating!
In looking through the Stack's Coin Galleries auction set for July 18th I noticed a dazzling Bolivar medal listed as lot number 2155. Collecting Simon Bolivar medals is a nice hobby for many South and Central American numismatists. Bolivar was such an influential man in 19th Century Latin American politics that he has been honored on more medals and coins than any other single figure from that time period, making his image a vast collecting field.
This particular medal has a spectacular design with a bold portrait of Bolivar on the obverse and a glorious Condor on the reverse. The dates below Bolivar’s bust are his birth and death dates, 1783 to 1830 and on the reverse the Arms of Spain are overshadowed by all things Bolivar as the legend declares him the LIBERTADOR of Venezuela, Colombia, Equador and Bolivia.
The Great Liberator had a huge effect on the world as we currently know it and that is why he has been honored so often on coins and medals. Check out this medal at Stack's website and perhaps you will be bitten by the Bolivar collecting bug as well.
Auction Lot of the Week | Lots You'll Like
6/28/2007 7:32:53 PM (Eastern Daylight Time, UTC-04:00)
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The Last King of Scotland
Posted by tom
Tom's Recommended Film of the Week
The Last King of Scotland
In the 1970's we all watched Idi Amin's rule of Uganda with an almost morbid fascination. Some 300,000 Ugandan citizens were killed while Amin solidified power and gave way to his paranoia. With only 20 years of perspective behind us, Giles Foden tackled the job of writing a fictional novel based on the idea of a naive Scottish Doctor traveling to a mission in Uganda and eventually being sucked into the Amin regime as medical adviser to the dictator. A grand concept and one, which allowed both Foden as novelist and Kevin MacDonald as the films director to draw us into the intrigue, glory and horror, as implicated partners of the young Dr. Garrigan. We can relate to James McAvoy in his role as Dr. Nicholas Garrigan, we naturally gravitate to his perspective and as a result, find ourselves wanting to help and direct him out of his somewhat self imposed predicaments. On the other hand we can clearly see the reflection of his arrogance in years of colonial rule in Africa on the whole. This all makes for a very thought provoking film, while the central character of Amin, played by a dazzling Forest Whitaker, who won an Best Actor Academy Award for this role, creates a very compelling, freight train of a movie.
The Last King of Scotland is an excellent example of the types of films I like the most, ones that both entertain and allow for some introspection and discussion. Be cautioned however, that there are a few graphically violent and disturbing images, as one would expect from a story about Idi Amin, one of the 20th Centuries most eloquently ruthless mass murderers.
Tom's Recommended Film of the Week
6/28/2007 3:00:52 PM (Eastern Daylight Time, UTC-04:00)
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 Monday, June 25, 2007
Costa Rica Travel vs Red Cross
Posted by tom
Costa Rica Travel eliminates Blood Donation
This week in Iola the American Red Cross will be holding a blood drive with sponsorship from the Iola Lioness. Normally I try to donate every time the Red Cross comes to town. Blood is the one sure fire thing I can donate with confidence that it will be put to good use for those in need. I never have hesitated in giving blood to the Red Cross, but this time I had a doubt.
Having just returned from Costa Rica and remembering all the travel outside the country questions on the American Red Cross donation forms, I decided to call 1-800-Give-Life to check on my eligibility. As suspected my trip will put a damper on blood donation for some time. In fact, potential donors must wait one year from the date of their return to the U.S. before their blood donations will once again be accepted into the American Red Cross blood bank.
A dissapointing thing for me to find out, as I cherish my opportuntiy to give, but reassuring to know that the American Red Cross is maintaining some serious vigilance in protecting the purity of their blood reserves. Hopefully they will come to town again this time next year and I'll be ready to go!
News You Can Use
6/25/2007 5:54:43 PM (Eastern Daylight Time, UTC-04:00)
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 Friday, June 22, 2007
Silver Surfer Quarter Drops
Posted by tom
Decline of the Silver Surfer...quarter
Back on June 1st, I posted a story about the Silver Surfer applique quarters produced by the Frankiln Mint and released by Twentieth Century Fox to promote their new Marvel Entertainment film venture Fantastic Four: Rise of the Silver Surfer. At that time examples were selling on eBay in a range from $90 to $150 in the midst of high anticipation of the film from anxious comic and film fans. Coin and token types may have been involved in the early fray as well, although the reported mintage of 40,000 may have kept them at bay, waiting for possible lower prices after the films release on June 15th.
Here we are on June 22nd, a week into the films theatrical run and I thought we'd take a minute to check in on the strength of the market. Looking over the past week on eBay it seems that most Silver Surfer quarters that sold went within a range of $45 to $75 a piece. Many multiple item lots are now being offered with four to five coin groups bringing $200 to $250 or so. Lots opening above $50 seem to go unsold for the most part.
So it has developed into a much softer market, with what seems like less demand and a continuing supply. We'll check things again after the movie has finished it's primary theater run and then see where the market settles in after Fantastic Four: Rise of the Silver Surfer has closed.
For more stories on the controversy over the Silver Surfer quarters, check out Ray Sidman's reporting, or to get an informed insider comic professionals take on the film itself, stop in at Tony Isabella's forum, both at CBGxtra.com.
News You Can Use
6/22/2007 6:58:57 PM (Eastern Daylight Time, UTC-04:00)
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Friday Fix
Posted by tom
 Friday Fix London pm fixes for 6-22-07 Gold $652.85 Silver $13.15 Platinum $1,301.00 Palladium $375.00
Friday Fix
6/22/2007 4:13:58 PM (Eastern Daylight Time, UTC-04:00)
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Immigration Problems For Costa Rica Too
Posted by tom
The Same All Over the World
As I mentioned earlier, over the last week or so I was traveling in Costa Rica with my son's Spanish club. We stayed with host families and had great opportunites at cultural exchange. With my host family we had discussions every morning and evening over excellent meals. Sometimes we talked about differences in languages and translations, sometimes sports like soccer and basketball, and sometimes matters of social concern or politics.
Cost Ricans are very proud of their social security system and strong middle class. They are genuinely concerned for each others progress in life and their support systems are designed to ensure that most people can lead a healthy and happy middle class existance. Health care and retirement services are evenly provided to all, as is education through extensive state supported school systems. All of this has developed during the second half of the 20th Century, as Costa Rica has concentrated on social reforms rather than building a military force. It's kind of like a huge no one left behind program!
One small paralell I did notice however, between U.S and Costa Rican attitudes was on illegal immigration. In the U.S. many worry about illegal Mexican workers coming across our border, taking jobs away from U.S. citizens and putting a burden on our health and welfare systems. In Cost Rica many complain about these same probelms from illegal Nicaraguan immigrants. Seems that Nicaraguan workers come across the border for jobs and services. They are willing to work for lower wages and apparently also draw from the social security system.
I'm not sure how much truth lies in either set of public opinions, as many Mexican workers are doing jobs that most U.S. citizens would never accept and I don't fully understand how an illegal Nicaraguan immigrant can tap into the Costa Rican social security system without citizenship, but public opinion does have weight and things are being persued to curb these problems.
In the U.S our government has chosen to build a fence across the U.S.- Mexican border to assit our security forces in hampering illegal immigration. Keep in mind however that the job of building a massive fence in that arid territory is unpleasant work. Many U.S. workers might not want to do this type of work for the kind of wages some fence companies may be paying. Case in point is the Golden State Fence Company of California, which worked on part of the fence between San Diego and Mexico. A 1999 immigration check turned up lots of undocumented workers at Golden State and follow ups in 2004 and 2005 indicated that this problem had not been solved, so in December 2006 Golden State agreed to pay about $5 million in fines for hiring illegal immigrant workers to build fences. The irony would be much funnier if our governments choices were not so misguided.
Perhaps in coming years, observation of the eventual Costa Rican solution for illegal immigration troubles may give us some better ideas.
News You Can Use
6/22/2007 3:35:46 PM (Eastern Daylight Time, UTC-04:00)
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Monedas de Costa Rica
Posted by tom
Costa Rica - Monedas in Circulation
You may have noticed that my Blog sat relatively quiet last week, with only my usual Friday Fix posting popping up thanks to electronic editor Maggie Pahl. That's because I was traveling in Costa Rica with my eldest son's high school Spanish Club. We had a great time exploring the culture and getting to know the wonderfully friendly people of San Jose. This was a homestay visit, so we had the priviledge of experiencing first hand daily life, food and activities of our host families. Daily trips brought us to the rainforest for hikes, horseback riding, zip-lining, river cruises, beaches, volcano visits and hot springs. What a great and varied country!
On a numismatic note, I was careful to observe the currency and means of exchange in day to day practice. Seemed that most places in San Jose used Colones, while tourist venues had items and services priced sometimes in Colones and sometimes in U.S. Dollars. Some services, like the fishing boat my son and some friends chartered, insisted on payment in U.S. Dollars. In the larger cities like San Jose, debt cards were easily used, while out in the more rural areas cash was a necessity. Tourist centers, like Jaco, often accepted any of the three aforementioned means of exchange and would often round down to avoid giving out change. Of the current coins in circulation, the most often used are the 100 and 500 Colones. In any given day the most prominent coin piling up in anyones pocket will be the 100 Colones and I noticed dates from 1995, 1997, 1998, 1999 and 2000. The 100 Colones dated 2000 is a completely different type, with major changes to the arms and legend. The 1999 date 100 Colones has differences in the arms, which constitute a variety.
The coin smaller denominations are not often given out. In fact, many cash registers only contained the 100 and 500 Colones and nothing smaller. In some places I did get change of smaller denominations; the 50 Colones from 1997, 1999 and 2002, the 25 Colones from 1995, 2001 and 2003, the 20 Colones from 1983 and 1985, 1988 and 1994, the 10 Colones from 1983, 1999 and 2002, the 5 Colones from 1985, 1989, 1993 and 2001, and of course the 2005 aluminum 5 and 10 Colones all turned up sometime during our stay. We also noticed that the 2000, 5000 and 10,000 Colones banknotes have become the core of most business transactions of consequence. The 1000 Colones notes were few and far between and all seen were very well worn and tattered, making us wonder if they are on their way out, with a new 1000 Colones coin possibly on the horizon?
My host family was so kind as to search through drawers and put together a group of some of the older, out of circulation coins for my collection. One recent coin they turned up, which no longer seems to circulate is the little brass 1 Colon of 1998. A pair of stainless steel pieces; a 1 Colon from 1993 and a 2 Colones from 1984, were located. Also found were a 10 Centimos of 1975, a nice aluminum 25 Centimos dated 1986 and a 1984 50 Centimos. One more fun fact that materialized during their search was when a pair copper-nickel of 5 Centimos dated 1976 and 1978 were pulled out of a large canvas bag and laid on the table for me. I asked what was contained in the remainder of the bag and discovered that the whole back was little copper-nickel 5 Centimos. My host family said they used these to ante up in various card games, like poker chips! What a wonderful paralell to our U.S. 1 cent coin, which is used for betting in social club card games with retirees to teenagers coast to coast!
Focus Country
6/22/2007 3:26:37 PM (Eastern Daylight Time, UTC-04:00)
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Syriana
Posted by tom
Tom's Recommended Film of the Week
If you stopped by my Blog last Friday looking for my weekly film recommendation and were disappointed to find none, I apologize. Travel in Costa Rica kept me way too busy for movie viewing, but this week I'm back at it with a nice cross-border selection in Syriana. This film came out in 2005 and won GeorgeClooney an Academy Award for Best Supporting Actor. The rest of the cast could easily have been honored as well, Matt Damon, Jeffrey Wright, William Hurt, Chris Cooper and all the rest of the cast were outstanding. The story is complicated and deserves to be followed closely in order to be fully enjoyed and understood. It's a winding account of the paths of several individuals, two oil companies, a few Royals, many governments and some cloistered agencies and political groups. Something for everyone!
Tom's Recommended Film of the Week
6/22/2007 9:10:29 AM (Eastern Daylight Time, UTC-04:00)
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 Friday, June 15, 2007
Friday Fix
Posted by tom
Friday Fix London pm fixes for 6-15-07 Gold $653.10 Silver $13.06 Platinum $1,278.00 Palladium $367.00
Friday Fix
6/15/2007 2:15:03 PM (Eastern Daylight Time, UTC-04:00)
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 Friday, June 08, 2007
The Good Shepard
Posted by tom
Tom's Recommended Film of the Week
Tough descision to make this week, as I saw a number of good films, but my recommendation is for The Good Shepard. Robert De Niro has only directed three films, each of which I've seen and enjoyed. He chooses strong, yet simple stories, with compeling themes and crafts them into stylish and intriguing films. The Good Shepard is long, at nearly 3 hours and I have read reviews which suggested severe editing was in order and would not destroy the story. I can't disagree with that, but I will say that in it's present form it has a beautifully artistic quality, which is probably the result of De Niros's directing and Eric Roth's screenplay. When I had finished viewing The Good Sheaprd, my first thought was, a simple yet compelling story crafted into a wonderfully artistic film.
The cast is very diverse, but includes some excellent actors. Matt Damon is always enjoyable, as is Angelina Jolie, who gets a chance to try something different from her ususal fare for this film. Alec Baldwin, William Hurt and John Turturro provide superior supporting roles to give the film a richness not often seen in a spy film. But then, this is not like any spy film you may have seen before. There is less action, more silence, more thinking. If it's an action spy film you seek, I would recommend Casino Royale or The Bourne Identity, both of which I enjoy very much. But if you like history and want to have a sense for how the CIA developed in it's early days post WWII, or have pro/con ideas about devotion to country and want to explore other perspectives, then give The Good Shepard a try.
Tom's Recommended Film of the Week
6/8/2007 2:38:52 PM (Eastern Daylight Time, UTC-04:00)
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Friday Fix
Posted by tom
Friday Fix
London pm fixes for 6-08-07
Gold $655.25
Silver $13.31
Platinum $1,288.00
Palladium $369.00
Friday Fix
6/8/2007 2:25:39 PM (Eastern Daylight Time, UTC-04:00)
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 Thursday, June 07, 2007
Geocaching Coins
Posted by tom
Geocaching update
After my Geocaching post went live, I got a correction back from my Brother-in-law Jim, who introduced my family to the sport. He wanted to clarify a few things about geocoins and their purpose for my readers. Jim wrote "
The coins do not actually have an emitter. They are placed at a location and the coordinates are provided at geocaching.com. We download the coordinates and find the cache with our GPS. Each location lists what geocoins or travelbugs are contained in the cache."
For the most part, geocoins are not collected within the sport, although Jim said that some people do keep ones they find specially attractive. The main point is that you do not take something out of a geocache without replacing it with another item. At theGeocaching.com site they mention three basic rules:
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Take something from the cache
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Leave something in the cache
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Write about it in the logbook
It's that simple. Visit the Geocaching.com site to find out more!
News You Can Use
6/7/2007 2:22:20 PM (Eastern Daylight Time, UTC-04:00)
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 Wednesday, June 06, 2007
Cross-border Ivory sales to be Banned on eBay
Posted by tom
Ivory Restrictions Show eBay Looking Out for Animal Welfare
Read on FoxNews today that eBay has agreed to ban cross-border sales of Ivory items on their site. In fact, the German branch of eBay had already taken these steps last spring, which reduced Ivory offering substantially, but with the US end now joining the cause it should dramatically curtail the interenation trade in illegal ivory trinkets made since initial world restrictions were set up by Convention on International Trade in Endangered Species
(CITES)
in 1975.
The eBay ban, as negotiated by
International Fund for Animal Welfare (IFAW) would only apply to trades across country borders and to items produced after the 1975 CITES ban. This should mean that any early ivory tokens would still be able to be traded among collectors. Of course the Keeling Cocos Island tokens from 1913 , which are refered to as Ivory, but are really ivory looking plastic would be uneffected altogether. Classic ivory carvings from pre-1975 should also not be effected, nor should early forms of Odd & Curious Monies such as full elephant tusks, tusk rings and tusk disks used as money by Chiefs in various areas of Africa. Individual countries laws will apply within thier borders and Ebay will not restrict sales within any country, but international trade of modern ivory trinkets will not be allowed.
A quick check of the eBay announcement board showed no information yet on this developement, but the public announcement for the press was made yesterday during a CITES conference in The Hague.
News You Can Use
6/6/2007 3:25:28 PM (Eastern Daylight Time, UTC-04:00)
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Geocaching Circles the Global
Posted by tom
Geocaching - A Fun New Hobby with it's own Coins
Last week my eldest son graduated from high school. We had a big party and plenty of relatives and friends came by to show their support for my son in his future endeavors. It was great to see that so many people have such respect for him. I guess a parent can afford to take a moment of pride at time like this.
During the many fine conversations throughout the weekend, one topic came up which was completely new to me; Geocaching. Apparently my brother -in-law and his family have taken up Geocaching as a hobby and they kindly took the time to explain the concept and even took a group of family and friends on a Geocaching adventure near our home.
The simplest way of explaining Geocaching is to equate it to a kind of treasure hunt, except that the hunt is of more importance than the recovery of any treasure. At it's most basic form: someone hides an item and a logbook and someone else finds it, using clues and a Global Positioning System (GPS). Once the item is discovered, you record the fact that you found it and move along to another search, or back to daily life.
There are huge numbers of people flocking to this hobby all the time. It's a growing little cottage industry, and to join you really don't need too much in the way of equipment or supplies. It's much easier with a portable GPS, and the use of Geocaching tokens or coins is helpful as well. If fact, while searching eBay for tokens the other day, I noticed that Geocoins have gained their own section under Exonumia in the coins listings. At the time I looked there were over 430 listings for Geocoins, more than for world tokens. Designs were varied, some looked like casino chips, others like Challenge coins or medals. All emit a signal which is picked up by the GPS, making it easier to locate their hiding place in a reasonable amount of time.
For a hobby sport that just got started in 2000, Geo | |