Archive: People and Markets

Lithuania Effectively Abolishes One- and Two-Cent Coins – and Sparks a New Debate

Farewell to small change: another eurozone country is saying goodbye to the smallest cent coins. In Germany, the debate is also gaining momentum – whereas Austria remains relaxed and is observing developments.

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“The Art of Making Medals” Published

What Goes Into Making a Medal? Editor Ross Pollard has packed his new book “The Art of Making Medals” with practical, first-hand insights from contemporary artists into the fascinating world of medallic sculpture. Each chapter was contributed by a member of the American Medallic Sculpture Association and documents the creation of an original medal from start to finish.

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Will Germany Abolish the 1 and 2 Cent Coins?

We Germans still like to pay with cash, but like in many other countries, the 1 and 2 cent coins are unpopular. The important National Cash Forum has now spoken out in favor of their de facto abolition. Read here how cash transactions would change in practice.

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Die Unterwasserarchäologen bei der Arbeit. Foto: Ufficio Stampa e Communicazione MiC

Archaeologists in Awe at the Sight of Sardinia’s Folles Hoard

Italian archaeologists are calling it one of the most important finds in recent years: up to 50,000 bronze coins dating from the 4th century have been discovered off the Sardinian coast. Apart from the outstanding size of this hoard, the coins’ condition is also astonishing.

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Archive: Coins, Medals and more

Obverse of: Ousanas I, circa 325-345. Chrysos. Leu Auction 14 (2023), lot 279.

An Introduction to Axumite Coinage

With the collection of Dr. Stephan Coffman, a highly significant ensemble of coins from the great ancient African kingdom of Axum is sold at Leu Numismatik. Learn more about the history of Axum and the often disregarded Axumite Coinage in this detailed article.
Sotheby’s, The One (2nd February 2024), lot 8: The 2nd May 1840 Penny Black Cover. Estimate: $1,500,000 – $2,500,000.

The First Piece of Mail Sent Using a Stamp to Be Offered at Sotheby’s

A Penny Black affixed to a Mulready envelope is among the most valuable items in Philately ever offered at auction. The earliest posted envelope using a prepaid stamp, dating to 1840, will be sold at Sotheby’s with an estimate of $1.5–2.5 million.
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