World of Coins

Collecting coins => Coin collecting => Topic started by: <k> on June 10, 2011, 07:25:06 PM

Title: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on June 10, 2011, 07:25:06 PM
Parent topic:  Planned Major Changes to World Circulation Sets (http://www.worldofcoins.eu/forum/index.php/topic,10110.0.html)


The parent topic deals with planned major changes to world circulation sets, including the issue of any totally new circulation sets. The emphasis is on “major” and “circulation”. These sets must be intended for circulation in their respective countries. This specifically excludes certain legally authorised sets, such as the recent Niue and Cook Islands sets, which are meant only for collectors and do not circulate in those territories.

Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on August 01, 2011, 11:58:01 PM
Here is my definition of what constitutes a “major change” to a world circulation series.

The release of a (new) circulation set(s) because:

A] a new country has become independent.

Examples:

i)  East Timor (2003), formerly part of Indonesia.
ii) The Czech Republic and Slovakia  (1993) – formerly Czechoslovakia.


B] an existing state has had a significant name change, or else undergone a political identity change.

Examples:

i)  Zimbabwe, formerly [Southern] Rhodesia (1980).
ii) South Africa (1990s) – adoption of a new coat of arms after transition to majority rule.


C] a new currency (or currency name) is being adopted.

Examples:

i)  The euro in 2002 (the year of issue of coins and banknotes).
ii) Sudan in 2007: replacement of the dinar with the Sudanese pound.


D] the currency is being redenominated, i.e. a few zeros are being chopped off.

Examples:

i)  Romania in 2005.
ii) Turkey in 2005.


E] a country is replacing its old designs with new ones:

Examples:

i)  The UK in 2008.
ii) Rwanda in 2003.


F] A country is:

i)  replacing the numismatic portrait of a former or deceased head of state with that of the new head of state.
ii) replacing the coat of arms on its coins with a portrait of its head of state, or vice versa.


G] Three or more coins are being significantly reduced in size (by 10% of their diameter or more) and/or having their format changed.

Examples:

i)  New Zealand in 2006.
ii) Fiji in 2009.


H] Any combination of the above.
 
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on August 01, 2011, 11:58:28 PM
Examples of changes I do NOT regard as major:

1] Serbia’s recent change to its coat of arms, which is not noticeable at a glance.

2] The euro’s various changes to its map design. They ARE significant, but not majorly so.

3] The changing of the legend on Britain’s coins in 1982, from “NEW PENCE” to just “PENCE”.

4] Cases where only a single coin at a time is reduced in size: for instance, Britain reduced the 5p in 1990, the 10p in 1992, and the 50p in 1997. Unlike New Zealand’s “big bang” of 2006, such minor phased changes are not greatly significant.

5] Cases where circulation coins are minted in cheaper alloys, even when the colour of some coins changes markedly.

6] Cases where design changes are spread out, such as the Bahamas updating its designs one coin at a time in recent years.

7] Changes to the portrait of the EXISTING monarch or head of state, e.g. Britain’s new effigy of QEII in 1998.

8] Minor changes to the state’s name, e.g. from Western Samoa to Samoa, but with the coins and designs otherwise left unchanged.

9] Other minor detail changes, e.g. to a font, the re-positioning of legend letters, a slightly smaller or larger effigy than before, etc.

10] New denominations, unless there are three or more.

11] Demonetisation of coins / denominations.

12] Changes to banknotes.  I will mention these only if they occur alongside issues of new or changed coins.
 
 
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: chrisild on April 20, 2013, 09:52:39 PM
Keep in mind though that these two (NL, VA) may or may not affect the 2013 coinage.

Christian
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: andyg on January 01, 2014, 09:22:32 PM
For 2014 we can also expect a new set from Andorra (new circulation coins), Belgium (new king) and the Netherlands (new king).
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: chrisild on January 02, 2014, 01:06:00 AM
For 2014 we can also expect a new set from Andorra (new circulation coins), Belgium (new king) and the Netherlands (new king).

The new Dutch coins (featuring Willem Alexander) will be issued in about three weeks; they should be available as from 23 January. Don't know when the Belgian ones (with Filip/Philippe) will come; we do not even know the designs yet.

The Latvian coins circulate now; the country has been part of the euro area for more than a day. ;)  And Andorra, well, first I thought the euro coins would also be issued on 1-Jan-2014. Nah, the next thing I heard was "first quarter" ... and now the government says that, "being very optimistic", they should start circulating in March or April. Hmm.

Christian
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on January 02, 2014, 12:01:13 PM
One change I am really looking forward to is use of Rouble symbol on Russian coins. India did similar exercise in 2011.

Since it was considered a major change for India, as sizes of smaller coins changed too, I would call it a major change for Russia too.

Smaller coins may be stopped without any formal announcement.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on January 02, 2014, 12:04:52 PM
Another change which is taking place slowly over a period of two years is that of Tunisia.
5 Millime has been stopped.
10 and 20 millimes are now plated coins.
50 and 100 Millimes may be issued in plated form this year.
200 Millimes has been introduced.
1/2 and 1 dinar may see an alloy and design change.
2 Dinars has been issued for the first time.
5 dinars may too see a design change, if issued this year.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on January 02, 2014, 12:07:18 PM
Libya has started the process and will complete this year
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on January 02, 2014, 12:09:03 PM
Starter kits of Lithuania should be available before the end of this year if the schedule of euro from Lithuania is to become effective on January 1, 2015.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on January 02, 2014, 08:46:59 PM
Another change which is taking place slowly over a period of two years is that of Tunisia.
1/2 and 1 dinar may see an alloy and design change.

Both designs were first issued in 1976 and are still designated as FAO issues. When you consider that Tunisia's neighbours, Algeria and Morocco, each issued an attractive modern thematic set in recent years, you can imagine that Tunisia will want to get rid of those ugly old-fashioned things, in order to keep up with the neighbours.

 
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: andyg on January 02, 2014, 09:52:17 PM
Both designs were first issued in 1976 and are still designated as FAO issues. When you consider that Tunisia's neighbours, Algeria and Morocco, each issued an attractive modern thematic set in recent years, you can imagine that Tunisia will want to get rid of those ugly old-fashioned things, in order to keep up with the neighbours.

Mr Bourguiba's portrait was removed in 1988 and replaced with a map of Tunisia, then from 1996 it changed to a coat of arms - these older coins are still current though I think, and the 'FAO' side was unaltered.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Jostein on January 03, 2014, 12:48:13 AM
Botswana: new coins serie will be issued in the first quarter of the year. They will remain the seven values, 5, 10, 25, 50 thebe, 1, 2 and 5 pula. If im not wrong, the 5 thebe coin will be changed from copper to silver colour and the 2 pula coin will be bimetallic with nickel ring and copper plated steel center.

;)
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on January 03, 2014, 03:44:23 AM

From Botswana, it is reported

According to the Government Gazette, most features of the new coins will largely remain unchanged for the    current seven denominations in circulation, except for the P2 coin. The new P2 coin will have a brown centre piece along a white outer ring. On the other hand, the five thebe coin will change from copper to silver. The obverse face of all the new coins will maintain the Botswana coat of arms. On the reverse side, some coins will maintain current inscriptions while trees and birds will be added to the zebra on the P1 coin. Sorghum heads will be added to the rhino on the reverse side of the P2 coin.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on January 03, 2014, 05:34:04 PM
Very interesting news, Pabitra. Realistic portraits of animals have been with us for a long time in the modern era, but usually they would stand alone in the depiction, or sometimes on a clump of earth. The more recent innovation is to add more background, to fill out the scene and make it more realistic still. This will evidently be the case with the zebra. The idea of adding sorghum heads to the rhino does not appeal to me - will they be mere decoration, such as you find in a wreath, or will they be (as I hope) a realistic addition?
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Jostein on January 03, 2014, 06:22:43 PM
Comoros: 250 Francs coin. New bimetallic circulating type. Let's wellcome a new country to the big family of bimetallic coins! :D

Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Bimat on January 03, 2014, 07:05:16 PM
The Central Bank's press release says that it's a commemorative issue (30th Anniversary of Central Bank of Comoros) so one year type only. So strictly speaking, it's not a major change in circulating sets... ;)

Aditya
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Jostein on January 03, 2014, 08:28:52 PM
The Central Bank's press release says that it's a commemorative issue (30th Anniversary of Central Bank of Comoros) so one year type only. So strictly speaking, it's not a major change in circulating sets... ;)

Aditya

Yeah it's a commemorative coin, but is part of the new coin series revised, smaller and lighter than the actual set:

http://www.ambafrance-km.org/Une-nouvelle-gamme-de-pieces-de

http://www.ambafrance-km.org/IMG/pdf/Plaquette_BCC_A5part2.pdf

The new monetary structure is: 25, 50, 100 and 250 KMF instead 1, 2, 5, 10, 25, 50 and 100 KMF

Greetings  ;)

Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on January 04, 2014, 08:29:03 AM
Very useful information, Jostein. Thanks a lot.
Since Comoros usually gets its coins made once in a while, it may follow an example of commemorative coin being used in general circulation for years to come. Timor L'este is another country who appears to have done this in recent past. It is becoming common practice to be adopted by countries who do not have a mint of their own and their get their coins minted by floating tenders every few years.

5 Franc was last made in 1992 and 10 Francs in 2001. Perhaps inflation has rendered their demand quite low.
Interestingly, 25 Francs, last made in 2001 in stainless steel, has served them well and being minted again in the same alloy.
As far as others go, 50 Franc appears to buck the trend by stainless steel replacing Nickel plated steel.
100 Francs, stainless steel replacing Copper Nickel, is another indication of inflation taking its toll.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Bimat on January 04, 2014, 08:55:47 AM
Yeah it's a commemorative coin, but is part of the new coin series revised, smaller and lighter than the actual set:

http://www.ambafrance-km.org/Une-nouvelle-gamme-de-pieces-de

http://www.ambafrance-km.org/IMG/pdf/Plaquette_BCC_A5part2.pdf

The new monetary structure is: 25, 50, 100 and 250 KMF instead 1, 2, 5, 10, 25, 50 and 100 KMF

Thanks Jostein, I wasn't aware of the new structure. This definitely means that we will have a new circulation set from Comoros this year. :)

Aditya
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on January 04, 2014, 05:03:02 PM
"Simultaneously, new pieces of 25 CF 50 CF 100 and CF using new alloys to increase their strength and ensuring proper use will be outstanding. These new pieces remain identical in their visual features to the previous pieces of the same denomination, with which they will run concurrently."

If you read my terms of reference above, these do not constitute a major change according to my rules. This is because the changes will not be visible, apart from the inclusion of this single new denomination, whereas my rules require three new denominations. These rules are arbitrary, but I had to draw a line somewhere. However, I am happy to leave your comments here, because they highlight the differences in opinion about what constitutes a major change. I have tried to highlight coinage changes that would be immediately obvious or visible to non-collectors, whereas I think that alloy changes would not. Demonetisation is something that happens to all coins eventually, so I do not consider it a major change.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on January 11, 2014, 11:25:22 AM
Very interesting news, Pabitra. Realistic portraits of animals have been with us for a long time in the modern era, but usually they would stand alone in the depiction, or sometimes on a clump of earth. The more recent innovation is to add more background, to fill out the scene and make it more realistic still. This will evidently be the case with the zebra. The idea of adding sorghum heads to the rhino does not appeal to me - will they be mere decoration, such as you find in a wreath, or will they be (as I hope) a realistic addition?

Hope they are realistic and meet your standard.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on February 02, 2014, 08:56:39 PM
Another change which is taking place slowly over a period of two years is that of Tunisia.

50 and 100 Millimes may be issued in plated form this year.


50 Millimes in plated form has been issued.
See Worldcoinnews.blogspot.com
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on February 02, 2014, 09:10:06 PM
Apparently the previous one was made of brass and was 25mm in diameter. This new one is only 22m in diameter.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on February 03, 2014, 01:30:06 PM
<k> Are you sure that is only 22mm diameter.
I think it retains its old size of 25 mm but can confirm only when I have the coin in hand.

20 millimes was 22 mm in diameter and was plated steel between 2007-2011; Although the minting has not taken place for two years but it is still legal tender. It was given S#205a by WMK although SCWC failed to recognise brass plated steel as different from Brass.

I think that Tunisia would not have minted Brass plated steel as well as reduced the size.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on February 03, 2014, 01:36:42 PM
Another change in coinage expected is Pakistan.
It has three coins in circulation.
1 and 2 Rupees are of Aluminium whereas 5 Rupees is Copper Nickel.
Due to cost of 5 Rupees going above face value, it was last minted in 2006.
In July 2008, Pakistan reintroduced 5 Rupee note.
The same was stopped in Dec 2012.
Now it seems, 5 Rupees may be made in Aluminium.
1 and 2 rupees may undergo a size change or 1 Rupee stopped altogether.

Earlier, 10 Rupees denomination was reserved for commem coins.
Now that has been changed to 20 Rupees.

So, to keep Copper Nickel press in working, it may introduce 10 rupees circulation coin this year.

I do not know if it would come to acceptable criteria of major change.

Similar situation prevails in Nepal.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on February 03, 2014, 02:07:35 PM
I do not know if it would come to acceptable criteria of major change.

Well, it's easy to find out, because the criteria are listed in replies #1 and #2 in this topic.  ;)  But it's a developing situation and an interesting one, in Pakistan and Nepal, so time will tell.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on February 05, 2014, 09:23:23 PM
<k> Are you sure that is only 22mm diameter.
I think it retains its old size of 25 mm but can confirm only when I have the coin in hand.

20 millimes was 22 mm in diameter and was plated steel between 2007-2011; Although the minting has not taken place for two years but it is still legal tender. It was given S#205a by WMK although SCWC failed to recognise brass plated steel as different from Brass.

I think that Tunisia would not have minted Brass plated steel as well as reduced the size.

I've just noticed your earlier question. I took my information about the previous Tunisian 50 millimes from Numista:

http://en.numista.com/catalogue/pieces824.html
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on June 03, 2014, 11:30:11 PM
Another change in coinage expected is Pakistan.

Earlier, 10 Rupees denomination was reserved for commem coins.
Now that has been changed to 20 Rupees.


Now the commem coin denomination has been increased to 25 Rupees
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on June 04, 2014, 11:52:38 AM
Poland has initiated the move to change its smaller coins into plated coins.
It has already released 1 Grosz in brass plated steel.
2 grosz also has been minted in old design and alloy for 2014.
2 and 5 Grosz will soon be released in Brass plated steel and old Brass coins of 5 Grosz have not been minted for 2014 so far.
10, 20 and 50 Grosz, which were copper nickel , may be plated coins soon.

Thus, like Ukraine, Kazakhstan, Tunisia etc., Poland has adopted the policy of inducting new series by creeping method.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on March 21, 2016, 01:17:17 AM
Swaziland appears to have a new series.
Some designs are obviously different. Others may need to be measured.

Image quality reduced to meet uploading limit.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on March 21, 2016, 10:03:27 AM
(http://2.bp.blogspot.com/-K6o2dfL--p0/TvN9uJt35DI/AAAAAAAABtw/r_4gavvanOI/s1600/swazi_2011.jpg)

Swaziland 2011 set.



The Swaziland set was changed to smaller coins with an inner polygonal rim in 2011. That is included here (http://www.worldofcoins.eu/forum/index.php/topic,10574.msg91031.html#msg91031) (set 6).



(http://web.archive.org/web/20160409204132/http://www.wbcc.fsnet.co.uk/swa-2e03.jpg)

Above you can see an old 2003 two emalangeni coin from Paul Baker's site. The 2015 version has a very different numeral 2 for the denomination. The 2015 five emalangeni is also very different from the old one. See below.

There are also some metal changes going on. However, these changes do not qualify the set as a major new set, according to my terms of reference (http://www.worldofcoins.eu/forum/index.php/topic,10109.msg73159.html#msg73159). You would need at least three completely new designs - this is to exclude those many cases where two denominations only are added to a set because of inflation - I would never finish this topic if I included all those cases! And I specifically exclude minor detail changes and metal / colour changes - so that rules these ones out, but they are interesting in themselves.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on March 21, 2016, 06:36:09 PM
<k>, Kindly do not take hasty decisions as they tend to be premature.
This is officially a new series.
I have to wait for the set which will reach me only in the consignment by end May.
Only then, I shall be able to measure, weigh and test the material.

On the face of it.

1. 5 cent has been dropped.
2. 10 cents is now Nickel plated steel instead of Copper plated steel in 2011 series.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on March 21, 2016, 06:37:23 PM
3. There is a change in design of 1 Lilageni
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on March 21, 2016, 06:38:53 PM
2011 series had 2 different sized coins for 20 Cents.
I am told that new coin does not follow either of them.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on March 21, 2016, 06:46:37 PM
2 Emalangeni and 5 Emalangeni were minted earlier but were not a part of 2011 series. They were in Brass and Aluminium Bronze. I am yet to know if they have been replaced with plated steel or not. If their diameter and weight both have changed then they are new coin by any definition.

Normally SCWC allots a new KM# if any of the four parameters ( design, diameter, weight or alloy ) changes.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on March 21, 2016, 10:01:18 PM
<k>, Kindly do not take hasty decisions as they tend to be premature.
This is officially a new series.

The original image you posted offered scant evidence of this. None of it meets my very clear criteria. You can start a topic about minor new changes - I'll stick to the major ones.

The tiny elephant coin looks very suspicious. What fool would put a huge elephant on a tiny coin? It can only have been a Chinese forgery effort. The Chinese have nukes, the Swazis don't - nothing to be done about it. When I see three entirely new designs in a set, I'll consider it.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on March 22, 2016, 02:36:33 AM
They are minted by South African mint.
Will revert back with measurements by end of May or so.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: Pabitra on April 21, 2016, 02:43:08 PM
What fool would put a huge elephant on a tiny coin? It can only have been a Chinese forgery effort. The Chinese have nukes, the Swazis don't - nothing to be done about it. When I see three entirely new designs in a set, I'll consider it.

See

http://en.starafrica.com/news/swazi-central-bank-recalls-pre-2015-coins.html

Swaziland confirms new series and withdraws all old series coins.
Huge elephant on tiny coin was put by the Royal Mint.
Chinese do not counterfeit circulation coins.
Nukes do not solve any problem.

A new series is a new series.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on September 01, 2018, 02:11:31 PM
ANNOUNCEMENT

I started this topic as a sort of "overview" topic, back in 2011, because I saw a need for it. Eventually I added some "Terms of Reference" (TOR), so that I could clarify my definition of "major changes". I also occasionally changed or expanded the TOR in response to comments by members.

Now I have grown tired of this subject, since it is no longer prominent in my own interests. However, because of its importance, I think this set of topics (parent topic, comments topic, TOR) should continue. I tried to hand it over before and had some help, but my helpers also have other interests and are busy people, so it is not easy to find the time to update the main topic. My thanks to everybody who has helped with these topics, by providing news and information on the main subject.

I have now decided that the best option is to hand this set of topics over to eurocoin. In my view he is the best candidate, since he has a lot of contacts in this area, and he is keenly interested in the subject. He will copy the existing topic into a topic of his own and then create his own "Comments" topic. This topic of mine will then be locked and in effect archived, but it will still be available for everyone to read as a historical record. In due course, I will amend the title to reflect this change.

The topics will then be eurocoin's, and any changes to the TOR will be under his control. However, I would urge eurocoin to remember that some of the other members are very interested in this topic and are very knowledgeable about the subject. There may at times be differences of views, but I hope these will be handled diplomatically on all sides.

I have informed Figleaf of these changes, and he is happy for them to proceed. Soon I will step back from this set of topics, but I hope it continues to be of interest to members and visitors. These topics also feed into the Major New Circulation Sets of the 21st Century (http://www.worldofcoins.eu/forum/index.php/topic,10574.0.html) topic, so there will be changes there too in the near future, but I will inform you about them when the time is ripe.

I wish eurocoin success and a harmonious future for this set of topics and its fans.
Title: Re: ARCHIVED: Comments on Planned Major Changes to World Circulation Sets
Post by: <k> on September 02, 2018, 05:22:12 PM
This topic is closed. It is left visible here as a historical record.

Forum member eurocoin has now taken over this subject. Please post any comments in his new topic:

Comments on Planned Major Changes to World Circulation Sets (http://www.worldofcoins.eu/forum/index.php/topic,43533.0.html)