LOOSE CHANGE: FEBRUARY 18, 2024

 

The Isle of Man is planning to phase out 1p and 2p coins with cash rounding despite kick back from the Manx people over concerns about inflation.

The Isle of Man stopped minting Manx pennies - which are part of their own currency and equal in value to the UK penny - in 2016 because the cost of making them was more than their value.

Last year, a consultation on whether 1p, 2p and 5p coins should be scrapped altogether was held but almost half of respondents came out against it - so the plan was shelved.

To read the complete articles, see:
The British island trying to kill off 'pointless' 1p and 2p coins: Isle of Man reveals plans to phase out coppers by rounding up prices despite fears the plan will cause inflation - after not minting new pennies for eight years (https://www.dailymail.co.uk/news/article-13009687/outrage-isle-man-government-phase-pennies-cash-fears-prices-up.html)
The Isle of Man's big move to phase out little coins (https://www.changechecker.org/2024/01/26/the-isle-of-mans-big-move-to-phase-out-little-coins/)

Number Go Up — Inside Crypto's Wild Rise and Staggering Fall — is a 2023 book by the aptly named Zeke Faux, an investigative journalist. The cover image is a coin with Sam Bankman-Fried's portrait and the words Nihil Valet (Latin for worth nothing).

To read the complete article, see:
Number Go Up — The Cryptocurrency Phantasmagoria (https://rationaloptimist.wordpress.com/2024/02/15/number-go-up-the-cryptocurrency-phantasmagoria/)

 

A new commemorative Love coin, with a denomination of 5 UAH, has been put into circulation to commemorate Valentine's Day, the press service of the NBU reported.

"The National Bank is putting the commemorative coin ‘Love' into circulation today, on Feb. 14. The coin is made of nickel silver and has a denomination of 5 UAH," the message said.

The coin's obverse features a stylized rose in the form of heart. Its petals are the words "love" written in the most common languages of the world.

The reverse is adorned with a heart.

To read the complete article, see:
The National Bank introduced a commemorative coin in honor of Valentine's Day - photo (https://au.news.yahoo.com/national-bank-introduced-commemorative-coin-152600305.html)

It's not even the Year of the Monkey, but that didn't stop this macaque from trying its luck to get its hands on some money. The male macaque was caught on camera tinkering with a POSB automated teller machine (ATM) at Beauty World Centre last month.

In a video posted on Singapore Incidents Facebook page on 9 January by user Abby Hew, the monkey was seen attempting to press the buttons on the ATM. Hew said in her post that the incident happened the day before.

Following the incident, POSB arranged for an additional cleaning session for the affected ATM.

According to The Straits Times, NParks' had received 90 cases of feedback about long-tailed macaques in the vicinity of Beauty World MRT, where the species can be found in the nearby Bukit Timah Nature Reserve.

To read the complete article, see:
'Aggressive' wild macaque caught on video playing with ATM at Beauty World, group of monkeys affecting nearby shops (https://sg.news.yahoo.com/aggressive-wild-monkey-caught-video-playing-with-atm-beauty-world-group-monkeys-affecting-nearby-shops-072833969.html)

	NBS (coinbooks.org) Web