LOOSE CHANGE: DECEMBER 19, 2021

 
Ian Laing, Center

Long-time dealer Ian Laing, the 43-year owner of Winnipeg's Gatewest Coin, has earned a spot in Coin World's Most Influential People in Numismatics 1960-2020.

The only Canadian on the Top 60 list of numismatics' key players over the past six decades, Laing was chosen by the U.S.-based hobby publication for his lifelong interest and success as a coin dealer and collector. Since acquiring Gatewest in 1978, Laing has grown the business into the world's largest dealer of Canadian coins while handling most, if not all, of Canadian numismatics' major pieces.

To read the complete article, see:
Ian Laing sole Canadian among 'top 60' influential numismatists (https://canadiancoinnews.com/ian-laing-sole-canadian-among-top-60-influential-numismatists/)

A one-rupee coin issued by the erstwhile British Raj over a century ago was met with much ridicule in the country as the design of an elephant on the King's robes resembled a pig, recollects a well-known numismatist in the city.

The people of India declined to honour a ?1 silver coin with a bust of King George V, issued by the erstwhile British Raj in 1911, as they felt that the feet and short tail of the elephant figure resembled a pig, which is considered unclean by Indians.

To read the complete article, see:
How the British Raj was forced to withdraw the 'pig rupee' (https://www.thehindu.com/news/national/andhra-pradesh/how-the-british-raj-was-forced-to-withdraw-the-pig-rupee/article37964913.ece)

 

A fast-spreading "urban myth" has Christchurch residents accusing each other of using counterfeit money and illegally damaging banknotes, the Reserve Bank warned on Saturday.

"People are being told that you can tell a fake banknote by scraping it with a coin, and if the printing comes off revealing the plastic then it's a fake," spokesperson Peter Northcote said.

"This is completely false, not one of our recommended ways to check a banknote, and actually illegal defacement."

To read the complete article, see:
Kiwis tricked into illegally defacing banknotes (https://www.newshub.co.nz/home/money/2021/12/kiwis-tricked-into-illegally-defacing-banknotes.html)

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