Saturday, February 26, 2011

Coin of the Week: 1936 German Reich 5 Marks

Obverse (Image: Paul von Hindenburg)

Reverse (Inscription: The German Reich, 5 Marks) 

The Reichsmark was Germany's currency from 1924 to 1948 and was the legal tender that replaced the Papiermark at an exchange rate of 1 trillion Papiermark to 1 Reichsmark (actually, the Rentenmark, backed by the Rentenbank, replaced the Papiermark).

The first version (1935-1936) of the commemorative 5 Mark piece depicted the German eagle on the reverse. The later version also included the Nazi insignia. The 5 Mark coin commemorated Paul von Hindenburg, a Prussian general and second President of Germany from 1925 to 1934. Although Hindenburg defeated Adolf Hitler in the presidential elections of 1932, he was instrumental in bringing the Nazis to power by, among other activities, appointing Hitler as Chancellor in 1933. It should be noted that Hindenburg was in his 80s at the time and lapsing in and out of senility. Though remembered by most as a strong and powerful military hero, the biographers John Wheeler-Bennett and Andreas Dorpalen have argued that Hindenburg was actually a weak-willed and not very intelligent man who depended greatly upon the advice of others to make decisions for him.

In 1948, the Reichsmark was replaced by the Deutsch Mark in West Germany and East German Mark in East Germany.

Saturday, February 19, 2011

Coin of the Week: 2002 Greece 2 Euro

Obverse (Image: Mythological Story of Europa)

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Reverse (Image: Europe, Denomination and 12 Stars)

[[posterous-content:pid___0]]With my employer constantly checking economic forecasts for the Euro / USD exchange rate, I decided to look through my Euro coin collection. I picked out Greece, one country that has led to the exchange rate being so volatile over the past few years.

All 2 Euro coins have the same reverse with a depiction of Europe, the denomination and the 12 stars on the flag of Europe. The coins alloy mixture creates two colors, silver and gold. The obverse is country-specific, but must show:

1) the year of issue and
2) the 12 european stars.

The Greek obverse depicts the abduction of Europa by Zeus, in the form of a bull. The continent "Europe" derived its name from this mythological character, a Phoenician who became the first queen of Crete. Zeus later portrayed the bull in the stars, the constellation we now know as Taurus.

An interesting aside - since Greece uses an alphabet other than Latin, it is allowed to show the denomination in Greek on the obverse side.

Saturday, February 12, 2011

Coin of the Week: 1974 Egyptian 10 Piastre

Obverse (Image: October War Anniversary)

Reverse (Top Inscription: Arab Republic of Egypt)

With the military committing to democracy in Egypt today, I thought it'd be interesting to show an Egyptian coin minted before former President Hosni Mubarak's reign.

Although one of the oldest civilizations in the world, Egypt used barter as a form of exchange until approximately 2000 BC. When Alexander the Great conquered Egypt in 332 BC, he introduced a monetary system, and Egyptians began using coins. Over the years, Egyptian coins have reflected national pride, depicting symbols like the three great pyramids of Giza. The reverse of each coin has the denomination in the center, the Gregorian date on the bottom left and the Muslim date on the bottom right.

The 10 Piastre coin honors the first anniversary of the October War against Israel (or the Yom Kippur War). On October 6, 1973, the Egyptians crossed the Suez Canal and recovered the Sinai peninsula from Israel. The image on the obverse depicts an Egyptian soldier standing before the Suez Canal. He carries a weapon over his right shoulder, in his left hand he holds an olive branch. The inscription reads "In Memory of the 6 October 1973 War". 

Sunday, February 6, 2011

Coin of the Week: 1984 Iceland 10 Kronur

Obverse (Image: Atlantic Salmon)

Reverse (Image: Iceland's Coat of Arms)

Iceland's currency is the krona, meaning "crown", and is related to that of other Nordic currencies (such as the Danish kroneSwedish krona and Norwegian krone). Fishing has played an important role in Iceland's economy and is represented on a number of its coins. The 10 kronur depicts the Atlantic salmon, which is common in Iceland. The reverse depicts Iceland's coat of arms, composed of the country's four protectors: a bull, a giant, a dragon and an eagle. According to one legend, a Danish king who wanted to invade Iceland sent an evil spirit in the form of a whale to attack the island. When the whale reached Iceland, it saw the four protectors and returned to Denmark to report this to the king. The king then decided not to invade Iceland.

 

Saturday, January 29, 2011

Music Video: Beach Prelude - Playmobil

Every once in a while, I'll post a music video that I just finished making. Since I have to find time between work, family, my new venture (which I'll mention in a separate post) and other hobbies (coins!), it usually takes me a few months to record the song and create the video.

A little about this video: I love Playmobil! I played with them growing up and now with my kids. And they're great to use in stop motion movies.

I switched to a MacBook at the end of 2010 to make it easier to record my pieces and create better videos. A separate page will be up soon for anyone interested in knowing what equipment I use. You can see other videos on my YouTube page.

Now to the video - enjoy!

 

Coin of the Week: 1964 Bermuda Crown

Obverse (Image: Queen Elizabeth II)

Reverse (Image: Coat of Arms)

 

The obverse features the bust of Queen Elizabeth II facing right. On the outer periphery are the words “DEI GRATIA REGINA” (By the Grace of God, Queen), and “ELIZABETH II”. The reverse features the coat of arms of Bermuda. The coat of arms depicts a lion holding a shield that has a depiction of a wrecked ship upon it. The lion is a symbol of England and alludes to Bermuda's relationship with that country. The wrecked ship is the Sea Venture, the flagship of the Virginia Company. The ship was deliberately driven on to the reefs of Bermuda, by Admiral Sir George Somers, in 1609, to prevent it from foundering in a storm. All aboard survived, resulting in the settlement of the Island.  The Bermudan motto QUO FATA FERUNT (Whither the Fates Carry [Us]) is on a scroll below, while above is the inscription ONE BERMUDA CROWN.

 

1964 was the last official Crown issued. By February of 1970 Bermuda converted from the “Pound Sterling” currency standard to the “Dollar” as their currency standard. Prior to 1964, the only other crown issued was the 1959 350th Colony Founding Anniversary coin. 

 

 

Sunday, January 23, 2011

Coin of the Week: 1987 Belgian 5 ECU

Front (Image: Charles V)  

Back (Inscription: 5 Ecu, Belgique, Belgien, België)

Before deciding on the Euro as the denomination for the new European currency, the "ECU" was proposed, and some ECU coins were struck. Because the initials for the European Currency Unit (E.C.U.) formed the acronym ECU, this was a rather neat name for the new unit. Belgium issued a number of different ECU denominations on various occasions. This 5 ECU coin was issued in 1987 and commemorates Charles V and the 30th Anniversary of the Treaty of Rome. Charles V was Emperor of the Holy Roman Empire from 1519 to 1556. The Treaty of Rome (1957) established the European Economic Community.