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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Collectors of German coins will now have to calculate carefully whether they can still afford sets of circulation coins or commemorative coin sets with 2 euro coins. Collage: Canva / Münze Deutschland.

Increasing Prices for German Coin Sets: Is This The End of Proof Coin Collecting?

Official coin sets – for many coin collectors, these issues are an essential part of a complete collection. The number of produced sets, however, has been diminishing significantly for years, and a huge price adjustment could now deter collectors even further.

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Heritage Auctions Opens German Office in Munich

Germany has a vibrant collector community. The US auction giant Heritage Auctions has also recognized this. It has opened a new office in Munich to offer German clients personalized support and access to a global audience for their collections.

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So stellt sich die Grafik-Engine „DALL-E“ die Produktion eines numismatischen Fachbuches mithilfe von KI vor. Foto: Wieschowski

How AI Is Transforming Numismatics

Can entire numismatic reference books be written by artificial intelligence? Are ChatGPT and similar technologies becoming competitors for news portals, specialist publishers, and PR agencies? What can AI truly achieve? We put it to the test.

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Archive: Coins, Medals and more

Railway tunnel under Surami pass near the village Tsipa, Chkherimela valley, Georgia 2014. Image: Karel61 via Wikimedia Commons / CC BY-SA 4.0. In front: Silver medal commemorating the opening of the Suram Tunnel in 1890 by L. Steinman. Künker auction 408, No. 234.

For Railroad Fans: The Suram Tunnel

Railroad history is linked to numismatics in many ways. Fascinating large-scale projects were often celebrated with medals and commemorative coins. Our example takes us to Georgia: A medal that will be offered for auction by Künker commemorates the opening of the Suram Tunnel.

Maria Theresa and Her Persecution of Jews

On 18 December 1744, Maria Theresa adopted a decree that expelled 40,000 Bohemian Jews from their homeland. A medal testifies to the fact that she had to revoke the decree due to financial and diplomatic pressure. The time of Jewish persecution was over for the time being – that is, until the genocide of the Jews in the 20th century.
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