ARCHIVED: Comments on Planned Major Changes to World Circulation Sets

[Jostein]

Comoros: 250 Francs coin. New bimetallic circulating type. Let's wellcome a new country to the big family of bimetallic coins!

[Bimat]

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

[Jostein]

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 

[Pabitra]

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.

[Bimat]

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

[<k>]

"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.

[Pabitra]

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.

[Pabitra]

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

[<k>]

Apparently the previous one was made of brass and was 25mm in diameter. This new one is only 22m in diameter.

[Pabitra]

<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.

[Pabitra]

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.

[<k>]

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.

[<k>]

<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

[Pabitra]

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

[Pabitra]

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.