Archive for February, 2012


Albert Desire Barre

 

En février 1855, il succède au poste de Graveur général des monnaies à son père,Jean Jacques Barre. Il écritGraveurs Généraux et particuliers des Monnaies de France, Contrôleurs Généraux des Effigies, Noms de quelques graveurs en Médailles de la Renaissance Française, publié en 1867.

En 1855, il doit reprendre les travaux de son père, notamment les gravures des timbres-poste de France bien qu’il n’apprécie pas Anatole Hulot, l’entrepreneur chargé de leur impression et spécialiste de la galvanoplastie. Pour concurrencer cette technique de reproduction des clichés nécessaires à la création des planches d’impression des timbres, Désiré-Albert Barre se lance dans des essais de frappe au balancier monetaire entre 1858 et 1859. Il produit ainsi sur la commande de la commission des Monnaies des essais au type Ceres, même si finalement, Hulot conserve son contrat en abaissant ses prix. En 1861, grâce au retard de Hulot, la technique de frappe au balancier permet néanmoins à Barre d’emporter le contrat de production des planches d’impression des premiers timbres de Grece au type Hermes, dont il a réalisé quelques mois auparavant le dessin et le poinçon. En 1876, il fournit les mêmes travaux pour la création de deux timbres complémentaires.

Se rejetant la responsabilité des retards, les relations entre Hulot et Barre entraînent des retards dans la production de nouveaux timbres au début des années 1860. En désaccord avec le cadre de Hulot autour des nouvelles effigies laurees de Napoleon IIIdécidées début 1861, Barre retarde la fourniture du poinçon, puis, à deux reprises pour de nouvelles valeurs, Hulot renvoie le poinçon jugé abîmé pour que Barre effectue des retouches. Les émissions s’étalent ainsi de 1862 à 1870En août 1866, bien qu’il en ait rendu la maquette en juillet, Désiré-Albert Barre refuse désormais de graver le poinçon du nouveau timbre-poste de cinq francs. Hulot doit se débrouiller avec des copies d’anciens poinçons5.

Après sa mort, son frère ainé Jean Auguste Barre le remplace pendant l’année 1879 comme Graveur général des monnaies.

Source Wikipedia.com

Denomination –  5 Drachmas
Country –  Greece
Year –  1876
Head Of State – King George A’
Mint – Paris
Obverse – Inscription George A’ King Of Greece , bust righs (ΓΕΩΡΓΙΟΣ Α! ΒΑΣΙΛΕΥΣ ΤΩΝ ΕΛΛΗΝΩΝ) ΒΑΡΡΕ (Designer)
Reverse – Denomination (5 drachmas), Date (1876), Kingdom Of Greece (ΒΑΣΙΛΕΙΟΝ ΤΗΣ ΕΛΛΑΔΟΣ)
Metal – Gold 
Condition – Uncirculated
Creator –  Albert Desire Barre
Edge – Reeded
Mintage – 9,294
Diameter  – 17,00 mm
Weight – 1,6129 gr
Interesting Facts – The dies bearing the young portrait of King George A’ were used for the gold coins (9294 pcs mintage). Due to the low mintage their prices exceeds 2500 euros in auctions wherever you may see them
Approx. Value – 2.500 Euros (Unc)
Denomination –  1 Lepto
Country –  Greece
Year –  1832
Head Of State – King Otto Bavaria
Mint – Munich
Obverse – Inscription (Kingdom of Greece), Shield with crosee under crown
Reverse – Denomination (1 Lepto), Date (1832)
Metal – Copper 
Condition – Uncirculated
Creator –  Konrad Lange 
Edge – Reeded
Mintage – 2,200,000
Diameter  – 16,60 mm
Weight – 1.29 gr
Interesting Facts – All of Otto’s coins were minted with a reeded edge.In 1850, a meal including meat bought in a typical restaurant in Athens costed 30 lepta.At the same time a civil servant’s (high ranking officer at a ministry) monthly salary amounted to 300 drachmas .Otto’s copper coins were withdrawn from circulation in 1870 under law 356
Approx. Value – 900 Euros (Unc)

The biggest money makers in England were throwing away their change in the Solent this week. Where dropping a couple of quid in the sea would usually irk holidaymakers, The Royal Mint has joyfully bobbed a three-metre replica of its current Mary Rose £2 coin on the exact ocean spot where the famous ship sank 500 years ago.

Floated by a team of divers and excavators above the seabed where the Tudor wreck was raised in 1982, the nautical stunt was backed by the Mary Rose Trust and the Royal Navy Fleet Diving Squadron. “In our 1,000-year history, we have never floated a coin before,” admitted Shane Bissett, the Mint’s man for all things commemorative who has overseen the creation of more than 1,500 precious metal versions of the coin, struck in 22-carat gold.

“There seemed no better way to celebrate the 500th anniversary of such an iconic vessel. We produced the Mary Rose coin as a tribute to the world’s only surviving Tudor warship, and hope it serves as a reminder of Britain’s rich heritage as a maritime nation. Executing the idea at sea was an honour as we remember our naval past and look to its future.”

That future includes a new Mary Rose Museum planned for Portsmouth Historic Dockyard in 2012. Planners for the site are expecting their adventures to encourage potential visitors to support their fundraising mission. “Our hope is that people will send a Mary Rose £2 coin back to us here in Portsmouth to help us achieve our target,” said John Lippiett, the Chief Executive of the Trust.

“We have much work to do to secure the future of the ship and we are grateful to everyone who supports our fundraising drive to help us build the new Mary Rose Museum here in Portsmouth Historic Dockyard.”

Source, http://www.culture24.org.uk/history+%26+heritage/transport/maritime+history/art361892

A new €50 World Design Capital Helsinki coin has been released by Mint of Finland during World Money Fair in Berlin. The 50 euros gold and silver coin minted to commemorate Helsinki as a 2012 World Design Capital awarded by International Council of Societies of Industrial Design. Only 5,000 pieces of this coins are minted by the Mint and it came with a beautiful gift package. The collector coin marking this momentous year has been designed by the designer Henna Lamberg. A 5 euro Aluminium-Bronze metal coin with the same design also has been released.


On the obverse show alternative smooth and uneven surfaces including triangular and peaked effects that give it a distinctive look and tactile attributes resulting in a three-dimensional appearance. The text on the coin reads “WORLD DESIGN CAPITAL HELSINKI 2012” and is placed around the inner disc which is off-center. The Mint’s logo appears towards the end of the legend.

On the reverse show an opposite illustration of the center disc as seen on the obverse and also includes the coin’s denomination positioned at the top along with free-style and directional linear additions all around the center disc which are recessed into the silver ring. The text “SUOMI FINLAND” is also seen towards the lower portion.

Technical Specifications:
Nominal value: 50 €
Metal: Ag 925/Au 750
Diameter: 27,25 mm
Weight: 10,8 g
Mintage: 5000
Designer: Henna Lamberg
Issue date: 3.2.2012
Year:  2012
Quality: Proof
Price: 430.00 €

If you’re interested on buying the coin, you can visit Mint of Finland at www.suomenrahapaja.fi.

Article Taken By: http://lunaticg.blogspot.com/2012/02/50-world-design-capital-helsinki-coin.html#ixzz1lphWQOBA

There is a massive amount of energy underlying the silver market,and when it is ready to unleash, we will see price/value increases that will stun even the most ardent silverbugs…The real power of this expected move is likely to be released only some time after the price of silver has surpassed the $50/ozt. level. [Let me explain.]

So says Hurbert Moolman (www.hubertmoolman.wordpress.com) in edited excerpts from his original article*.

Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) has edited ([ ]), abridged (…) and reformatted (some sub-titles and bold/italics emphases) the article below for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

There are some similarities in the current silver market compared with the 1970s….[as can be seen below when] the silver price chart of January 1978—August 1979 [is compared] to the period from January 2009—present (charts generated at barchart.com). I [have chosen] those timeframes because price broke out of the significant high (for the relevant decade) around those periods. I have drawn a blue line at the level of the relevant significant high.

Note [above] how the run-up to the blue line is visually similar in both cases. After going through the blue line, price rallied significantly until it peaked at point b (in both cases). It then corrected/consolidated forming a flag/pennant type formation.

[Also] note [above] that in the 70s and in the current chart, price corrected to just above the blue line. It does not mean it cannot still move to the blue line, since, to stay valid, it just needs to stay at or above the blue line…Currently, I do not see any evidence that we will still go lower than the $26 level. The comparison suggests that we should now rally towards point d and eventually go higher than point b ($50).

The flag pattern forming currently is significantly bigger (in price movement) relative to that of the 1970s. This is possibly indicating that this fractal pattern is growing significantly, which could mean, going forward, bigger price increases relative to the price increases of the 1970s.

The move from point a to point b, on the bottom chart, was remarkable. It took silver from about $17.50 to about $50, a 185% increase. Compare that to the 1970s move of 33.33% (from about $6 to $8). To me, this signals that silver has changed gears (big-time) relative to the 1970s.

Below is a graphic that compares the gold chart [top] from 2007 to today, to the silver chart [bottom] from 2008 to 2010 in which I have highlighted how similar patterns exist on both charts. On both charts are ascending triangles out of which price broke out to the upside. After the breakout, price increased significantly from where both formed a consolidation pattern.

The ascending triangle for silver (roughly 30 months) is much bigger than that of gold (roughly 19 months) [while] the consolidation patterns for both charts took roughly the same amount of time to form, relative to their ascending triangles (about half the time of the triangles). Based on this comparison, it would seem that silverwas at point 0 on 29 December 2011, and it is now busy making its way toward the blue line and will eventually pass the $50 level, just like the comparison to the 70s chart suggest.

Also, if you compare the price movement for silver after it broke out of the triangle to that of gold’s movement, you will notice that there is a huge difference. Gold moved from about $1000 to $1227 (a 22.7% increase), whereas silver moved from about $21 to about $50 (a 138% increase). This, to me, says that there is a massive amount of energy underlying the silver market, and when it is ready to unleash, we will see price/value increases that will stun even the most ardent silverbugs.

The kind of movement we’ve seen since silver has moved out of the triangle is normally associated with moves at the end of a big move. So, either that move was the end of silver’s big move, or it was just an unusually big beginning of a really big move, which suggests we will have an unusually big end of a big move (still to come). Again, I see no evidence to suggest that anything we’ve seen so far was the end of the silver bull market, so I am expecting the latter (i.e. a very powerful upleg yet to unfold).

The real power of this expected move is likely to be released only some time after price has surpassed the $50 level.

*http://hubertmoolman.wordpress.com/2012/01/18/silver-price-forecast-2012-silver-likely-to-make-explosive-move-at-some-point/

Blooomberg Editorial

My Humble Opinion:

Those f….king capitalists…

People may be suffering but all they care about is the stock market

Read this short piece of a Bloomberg Editorial for example…

“The possibilities range from runs on European banks to violent rioting in the streets of Athens — or even civil war… a prepackaged, well-managed bankruptcy, not unlike the ones arranged by the Obama administration for General Motors Co. and Chrysler Group LLC in 2009, would be better than letting the chips fall where they may.”

John Flanagan (1865-1952) of New York was a medalist who also studied under St. Gaudens. He produced several medals and sculptures. His most famous work is the Washington Quarter first produced in 1932 to commemorate the 200’th anniversary of George Washington’s birth.

The choice of Flanagan’s design was controversial because the Commission of Fine Arts and the Washington Bicentennial Commission chose Laura Frasier’s design as being far superior to all the 100 entries in a competition. Super rich financier and Treasury Secretary Andrew Melon pushed through his choice and America had a new quarter in 1932. It is said Melon’s choice was made not for artistic reasons but because he was a male chauvinist.

Astute readers may recognize the name Frasier in the context of coin design. Laura Gardin Frasier was the wife James Earle Frasier who designed of the Buffalo Nickel. A more recent Commission of Fine Arts chose Laura Frasier artistic design to grace the 1999 $5 Gold coin that commemorates the 200’th anniversary of Washington’s death.

Nazi Coins Info

The Third Reich started issuing clearly identifiable “Nazi” coins (ie with swastika) from 1936. Although the Nazi’s were in power from 1933, with Adolf Hitler as the party leader.

The Third Reich minted a range of coins of different designs through their 7 mint factories. As a general rule, the less coins minted by a particular mint factory, then the harder it would be to find these coins and thus the greater their potential value on today’s market. 1936 was a particularly good year for most denomination coins, particular the smaller Reichspfennig coins. In May 1945, the Nazi regime came to a grinding halt along with its captured or destroyed mint factories. Hitler either escaped or was killed, his fake sucide and skull, held by the russians has since been proven to be that of a woman.

Above 1 Reichspfennig in copper, 2 Reichspfennig in copper, 5 Reichspfennig in copper/Alum. Alloy
10 Reichspfennig in copper/Alum. Alloy, 50 Reichspfennig in aluminum, 2 Reichsmark in 62.5% silver,5 Reichsmark in 90 % silver

Adolf Hitler did not feature on any official Third Reich coins. Instead, it was the Reich president Von Hindenburg who was commemorated on Nazi Germany’s coins both before his death and after. One might well question however why the 1935-1936 Nazi 5 Mark silver coin featuring  the bust of Hindenburg, did not incorporate two small swastikas on either side of  the Reichsadler. After all, the earlier 1934-1935 Nazi 5 Mark silver coin featuring the  Potsdam Church (Postdam Kirche) incorporated the use of the swastika.

The 3rd Reich had a number of mints (coin factories). Each mint location had its own identifiable letter. It  is therefore possible to identify exactly which mint produced what coin by noting the mint mark on the coin. Not all mints were authorized to produce coins every year. The mints were also only authorized to produce a set number of coins with some mints allocated a greater production than others. Some of the coins with particular mint marks are therefore scarcer than others. With the silver 2 and 5 Reichsmark coins, the mint mark is found under the date on the left side of the coin. On the smaller denomination Reichspfennig coins, the mint mark is found on the bottom center of the coin.

A = Berlin
B = Wien (Vienna)
D = München (Munich)
E = Muldenhütten (Dresden)
F = Stuttgart
G = Karlsruhe
J = Hamburg

10 Reichspfennig 1945 A

These are rarer varieties from the Third Reich. Military issues are tough to find especially ones minted outside Berlin. Most of general issued zinc coins are quite common except for the ones dated 1945. This one posted is minted in Berlin.

Denomination –  10 Euros
Country –  Greece
Year –  2007
Head Of State – Prime Minister Constantinos Karamanlis
Mint – Athens National Mint
Obverse – Closed zoom in to a typical view of the flowers and birds of the park.
Reverse – National emblem of Greece inside an artistic representation of a tree.
Designer – Georgios Stamatopoulos
Metal – 0,925 Silver
Krause – #KM 221
Condition – Proof
Mintage – 5,000
Diameter  –  40,00 mm
Weight – 34,00 gr
Interesting Facts – The river of Arkoudorema passes through the national park in Valia Kalda. The flora is just as impressive, with hundreds of types of trees, herbs, flowers and other plants which can only be found there. The geology and the flora are remnants of the ice age, as are twin lakes Flega at the centre of the park. There are no paved roads in the national park. Visitors can walk at the marked paths, the most famous of which is E6
Approx. Value – 58 Euros http://www.electacollections.com (as of February 2012)