The Extremely Rare 1986 Marcos head 500 - peso note to be auctioned this Month

Lot Description of the Marcos Head 500-peso banknoteThe Bayanihan Collectors Club Local Auction CatalgueAfter the Marcos regime ended, the Aquino government implemented a draconian reformation including the immediate deletion of all memories that would remind the public of the former president. Statues, monuments, publications, including projects were torn down, demolished, or discontinued as part of the process. During that same period, then Bangko SentralNg Pilipinas was about to introduce the 500-peso denomination, which featured Marcos head. Before the denomination was about to be distributed, Ferdinand Marcos was ousted by way of the...

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BSP Issued Advisory Against Illegal Used Of Coins

The Bangko Sentral ng Pilipinas (BSP) requests the support of the public in reporting persons who are involved in defacing/mutilating or smuggling Philippine coins. Both are criminal acts punishable by law under Presidential Decree 247 and BSP Circular 98, Series of 1995 in relation to Section 2530 (f) of the Tariff and Customs Code of the Philippines, as amended. The BSP also warns the public against persons claiming that the central bank “buys” certain coin denominations higher than their face value. There is no truth to this information. The BSP is the sole issuer of currency in the Philippines. It mints and circulates coins in accordance...

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Harvard's Ferguson Praises `Ascent of Money' as Markets Plunge

Niall Ferguson, a canny chronicler of financial history, knows a thing or two about market timing. Sellers have sliced more than $10 trillion off global stock- market value this month, the U.S. is mired in its worst housing crisis since the Great Depression, and hedgehog Andrew Lahde has shut his fund, telling investors, ``Goodbye and good luck.'' So what does Ferguson do? He publishes ``The Ascent of Money,'' an upbeat account of finance from Mesopotamia to McMansion. His thesis: ``Money is the root of most progress.'' After that windup, you might expect me to trash his book. Alas, I can't. Ferguson,...

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Austria witnesses New Gold Rush

Austrian Philharmonic Gold CoinsThe financial crisis is prompting people to look for safer forms of investment than stocks and shares.The interest in gold coins is so great that many of the world's major mints are struggling to keep up with demand, including the Austrian Mint, which produces the Vienna Philharmonic - one of the best-selling bullion coins worldwide. Sales of Vienna Philharmonic gold coins have gone up by more than 230% since last year. Kerry Tattersall, the director of marketing at the mint, says production has gone into overdrive. "We are running at present something like three shifts on all of the machines, on the presses, producing...

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The 1910 S Ten Centavos: Truth or Dare!

The 1910 San Francisco Mint Ten CentavosIt had been more than two decades since the 1910 San Francisco Mint Ten Centavos was published that if somebody would have found it, the collector would have paid a great sum to have the fabled coin. The 1910 S is one of the famous numismatic pieces that had a very colorful background. Almost a century and there is still no confirmed and graded specimen had ever surfaced except for those 1918 S that were with altered dates to look like the 1910 S. Luckily, I was able to meet the person who claimed that he possesses the most intriguing coin in Philippine numismatic history. He don’t want to tell his...

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Collecting Coin is Fun?

When I started out collecting coins, most people thought that I had a weird hobby. Since, I always spent a portion of my allowance on coins, my parents would even think that I was wasting my time and coin collecting was detrimental. I was aware that I was the only one even in my class who has such passion for coins but i really don't know what made me kept happy whenever I add a piece of penny or a couple of change found from a "balikbayan" neighbors "pasalubong" to my collection. I felt excited whenever I visit a local coin shop or an antique shop to glance at some of the displays and always told myself that I would buy one in the future after i had asked the owner how much the price of that piece would be. I stopped collecting coins for a while when I reached college. The schedule...

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