Archive: People and Markets

These images depicting alleged banknotes were published on X by the "Government of East Africa" account. They are fakes. Source: "Government of East Africa" via X.

When Is a Currency Launch – Not a Currency Launch?

Nowadays, it is frighteningly easy to send misinformation around the world in a matter of seconds. Michael Alexander from the London Banknote and Monetary Research Centre uses a recent example to show that important subjects such as currency unions, or even money in general, can also be affected by this.

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Das Vorbild für die Darstellung ist ein Ausschnitt der Darstellung des „fliegenden Menschen“ der Machinae novae von 1595. Foto: © Branimir Kralj / Kroatische Münzstätte.

Faust Vrančić: The Croatian Leonardo

Croatia issues two new collector coins as part of its “Croatian Innovators” series. They are dedicated to Faust Vrančić, a Croatian polymath whose parachute design, published in his 1595 book “Machinae novae”, is the first appearance of this device in a printed work.

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New Permanent Coin Exhibition at the Ducal Palace of Mantua

The most comprehensive collection of Mantua and Gonzaga coins and medals is now on long-term display at the Ducal Palace of Mantua. The exhibition is curated by numismatist Massimo Rossi.

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CIT’s Tiffany Art Metropolis – Seoul

CIT dedicates its fourth issue of the Tiffany Art Metropolis series to an Asian city. Following Paris, Rome and London, in 2024 CIT presents the metropolis of Seoul on the Han River.

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Archive: Coins, Medals and more

From Taler to Mark: The Long Road to a Common Currency

As Germany gradually evolved into a nation-state in the 19th century, the many currencies that circulated in its territories were also unified step by step. Coins from the Duchy of Saxe-Coburg and Gotha in Künker’s auction 388 illustrate the long path from the taler to the mark.
Karl Ludwig von Bruck, the mastermind behind the Vienna Coinage Treaty. We chose not to depict Emperor Franz Josef I at this point, who is shown on the coins, but the liberal politician Karl Ludwig von Bruck. Born into the family of a bookbinder in Elberfeld (now Wuppertal, Germany), he worked his way up from a merchant’s position to become Austria’s finance minister. He could almost be described as a beacon of hope for Austrian economic policy. It was tragic – and not just for him personally – that Franz Josef “ungraciously” dismissed him in April 1860 on false suspicions. The then 61-year-old took his own life. This deprived Austria of an imaginative politician who might have prevented its economic marginalization by Prussia.

A War Fought with Unusual Weapons: How Prussia Used Finance and Politics to Force the Habsburg Hereditary Lands Out of the German Confederation

On 26 March 2024, the Künker auction house will offer the Tursky Collection with coins of Emperor Franz Joseph I. We use specimens from this collection to tell the story of how Prussia used its economic sway to become the sole hegemonic power in Germany.
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