Tag: coins

  • Two men guilty of conspiring to sell history-changing Anglo-Saxon coins

    Two men guilty of conspiring to sell history-changing Anglo-Saxon coins

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    A jury has found two men guilty of conspiring to illegally sell a cache of Anglo-Saxon coins that experts say helps transform our understanding of ninth-century English history and Alfred the Great.

    Roger Pilling, 75, and Craig Best, 46, were caught in an undercover police operation trying to sell 44 coins which should have been declared as treasure and handed to the crown.

    Craig Best (left) and Roger Pilling had denied the charges against them.
    Craig Best (left) and Roger Pilling had denied the charges against them. Photograph: Will Walker/North News & Pictures

    The monetary value of the coins has been estimated at £766,000, but their historical value is more difficult to quantify.

    The judge, James Adkin, told Durham crown court they had “immense historical significance”. Gareth Williams, the curator of early medieval coins at the British Museum, said: “The coins literally enable us to rewrite history.”

    The coins were part of a Viking hoard discovered in a farm field in Leominster, Herefordshire, in 2015. Two metal detectorists who discovered the hoard, valued at about £12m, were found guilty of theft after failing to legally declare the findings. They were jailed for 10 and eight years respectively.

    Only 29 of around 300 coins in the hoard had been recovered until the emergence of the 44, the subject of the two-week criminal trial in Durham.

    A jury heard that Pilling, from Rossendale, Lancashire, was in possession of the coins knowing they should have been declared. Pilling has never disclosed the full identity of the person he acquired them from.

    Pilling recruited Best, of Bishop Auckland, County Durham, to try to sell the coins. The court heard how Best contacted a US radiology professor at the University of Michigan, Ronald Bude, who was also a collector and lecturer on coins.

    Bude’s first assessment of the coins was that they were fake and he said he was consulting an expert at the Fitzwilliam Museum in Cambridge.

    The prosecution said that displeased Best, who sent an email which read: “They are a hoard as you know they are this can cause me problems all you had to do was say you didn’t want them and that was the end of it.”

    The court heard Best had also told Bude the coins were so good that he would need to fly over for them. In an email he had said: “These coins are big money I will send you a sim card with them all on if you want. I am looking at £200-250k for all of these that’s how good they are.”

    His attempt to sell the coins led to an undercover police operation being set up. Best took three of the coins to a hotel in Durham for a meeting with people he thought were representing a mystery American buyer. Those people were undercover police officers. Best was arrested and a subsequent raid of Pilling’s home recovered a further 41 coins.

    Durham constabulary was first alerted to the existence of the coins by the University of Cambridge. In 2019 it launched Operation Fantail to investigate the case, an operation Det Supt Lee Gosling said was unprecedented for the force.

    “This is an extremely unusual case,” he said. “It is not very often we get the chance to shape British history. It is astonishing that the history books need rewriting because of this find.”

    All 44 coins are now with the British Museum, which has had a chance to study them and concluded that they shine new light on our understanding of late ninth-century politics, Alfred the Great and the history of the formation of England.

    Anglo-Saxon coin found in cache.
    Photograph: Durham police

    Specifically, the coins tell an untold story of the relationship between Alfred, king of Wessex, and Ceolwulf II, king of Mercia, in the late ninth century.

    Ceolwulf is barely mentioned in history books, with accounts suggesting he was little more than a puppet for the Vikings. The coins tell a different story, showing how the two rulers stood shoulder to shoulder as allies.

    They suggest a need to reappraise the narrative of Alfred the Great, a ruler celebrated as the hero who almost single-handedly saved England from Viking rule.

    The crown accused neither Best nor Pilling, who are both keen metal detectorists, of being involved in the discovery of the coins.

    During the trial Best claimed Pilling told him that he bought the coins before the Treasure Act 1996 was brought into law.

    Pilling and Best had denied a charge of conspiring to sell criminal property. Each man also denied separate charges of possessing criminal property.

    On Thursday, the jury found both men guilty of the conspiracy charge by a majority of 10-2. Each man was found guilty of the possession charges by all jurors.

    The judge warned both men they faced jail sentences and remanded them in custody until a later date.

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    ( With inputs from : www.theguardian.com )

  • Government to release 100-rupee-coin in market, know release date, and how its different from other coins

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    The coins will be minted under the authority of the Central Government. The official notification by the Ministry of Finance stated: “The coin of One Hundred Rupees denomination shall only be coined at the Mint for issue under the authority of the Central Government on the occasion of “100th Episode of Mann Ki Baat.”

    When will Rs 100 coin be available in the market?

    On April 30, the day of the 100th airing of the radio show Maan Ki Baat, the government will release a commemorative coin. The coin will have a value of Rupee one hundred. Even though commemorative coins are regarded as legal currency, they are not made available for widespread use. They can be obtained from the listed organisations.

    What are the specifications of 100-rupee-coin?

    According to a statement from the Finance Ministry, the coin will be different from other Rs 1, 2, 10, etc coins. It will be round with a 44 mm diameter and 200 serrations. The metal content of the 35-gram coin will be a quaternary alloy with a silver content of 50%, copper at 40%, nickel at 5%, and zinc at 5%.

    The coin obverse face will feature the Lion Capitol of Ashoka Pillar in the centre with “Satyamev Jayate” inscribed below. In Devnagri script the term “Bharat” will be written along on the left periphery and in English the term “INDIA” will be written on the right periphery.

    Additionally, it must display the international numerals for the rupee sign “₹” and the denominational value “100.” On the back of the coin the logo of “100th Episode of Mann Ki Baat” consisting of an image of a microphone with sound waves and the year ‘2023’ will be written on it.  Mann Ki Baat 100’ in Devnagri and in English is written above and below the microphone image, respectively. (DNA)

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    ( With inputs from : roshankashmir.net )

  • Keerthy Suresh gifts gold coins to 130 members of ‘Dasara’ unit

    Keerthy Suresh gifts gold coins to 130 members of ‘Dasara’ unit

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    Hyderabad: Keerthy Suresh, who plays the female lead in the upcoming Nani-starrer ‘Dasara’, gifted 130 gold coins of 10 grams each to each unit member on the last day of shooting for the film. At current prices, her gesture should have cost her anywhere between Rs 70 lakh and Rs 75 lakh.

    “Keerthy was quite emotional on the last day of the shoot,” a source in the ‘Dasara’ unit said. “She wanted to give away something to the people who made her give her best for the film.”

    Keerthy Suresh plays a character named ‘Vennela’ in the movie. The Telugu-language pan-India movie is a period action adventure drama written and directed by debutant Srikanth Odela, a protege of Sukumar. It stars Nani and Keerthy Suresh in the lead roles.

    Set in the backdrop of Singareni coal mines near Godavarikhani, Telangana, the film is set for theatrical release on March 30.

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    ( With inputs from www.siasat.com )

  • ‘Cigarettes’ and chocolate ‘coins’: Justice declares Pan bankrupt

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    The company recognized the inability to continue operating and honor debts, in the amount of R$ 260 million and currently had 52 employees. (Credit: Reproduction/Disclosure)

    Pan Produtos Alimentícios, known for its chocolate products in the shape of cigarettes and coins, was declared bankrupt this Monday (27) by the 1st Regional Court of Business Competence and Conflicts Related to Arbitration in São Paulo.

    The company, which had been in judicial recovery since 2021, had filed for self-bankruptcy in court, in the 1st RAJ (Judicial Administrative Region) of the TJ-SP (São Paulo Court of Justice), on the 13th.

    + Justice of RJ decrees bankruptcy of the company of the “pharaoh of bitcoins”

    The company recognized the inability to continue operating and honor debts, in the amount of R$ 260 million and currently had 52 employees. Pan had requested a 90-day extension to the court-supervised reorganization period.

    In the decision, judge Marcello do Amaral Perino said he agreed with the conversion, transformation of a judicial recovery process into bankruptcy, “in view of the unfeasibility of maintaining the company that has a long list of debts and does not present a viable plan for judicial recovery and also evidenced its economic unfeasibility.

    With bankruptcy decreed, the trustee will begin the definitive closure of the factory founded in 1935 in ABC Paulista, selling the remaining assets to pay creditors.

    Pan was notable for products such as chocolate cigarettes, as well as others in the shape of squares, coins and fish, and the first diet milk chocolate in Brazil. It also produced Paulistinha candies, inspired by the Constitutionalist Revolution of 1932.


    #Cigarettes #chocolate #coins #Justice #declares #Pan #bankrupt


    [ad_2] #Cigarettes #chocolate #coins #Justice #declares #Pan #bankrupt ( With inputs from : pledgetimes.com )

  • Shopkeepers refuse to accept Rs 1, Rs 2 coins in parts of Kashmir

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    Umaisar Gull Ganie

    Srinagar, Feb 28: People from many parts of South Kashmir are complaining that shopkeepers and traders aren’t accepting Rs 1, Rs 2 coins, a claim rightly rejected by the J&K Bank authorities.

    People from different parts of Kashmir told the news agency—Kashmir News Observer (KNO) that whenever they visit shops to buy matchboxes or other items, shopkeepers aren’t accepting the coins of Rs 1 and Rs 2. They even complained that cleaners of passenger vehicles aren’t also accepting the coins.

    They said for the last several months, many people including shopkeepers, traders and the general public are not accepting one rupee, two rupee coins citing the reason that others are not taking it too. It has become like an unauthorised ban on small coins by some locals which is continuing especially in Southern Kashmir’s Anantnag and Kulgam districts, they said.

    “I have hundreds of such coins, where should I spend them when no one is taking them from me. That is why I have stopped accepting them too,” Aqib Ahad, a local shopkeeper from Qazigund, said.

    People demanded that the government must issue directions in this regard and action must be taken against the people who aren’t accepting the coins. They demanded that the government must clear the confusion at an earliest.

    An official from administration told KNO that it is an offence to refuse the currencies issued by the government and action will be taken against those who are not accepting such coins.

    Taking to KNO, Managing Director and CEO J&K Bank, Baldev Prakash said all our Bank branches are accepting one and two rupee coins and people can deposit them in any bank branch. On being asked why some people are not accepting it, he said it is responsibility of administration to take call on this—(KNO)

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    ( With inputs from : roshankashmir.net )

  • Keerthy Suresh distributes gold coins in Hyderabad

    Keerthy Suresh distributes gold coins in Hyderabad

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    Hyderabad: One of the most sought-after talents in the South Indian film industry Keerthy Suresh has been winning hearts with her acting prowess. She is currently enjoying the peak of her career with some highly promising projects in her kitty. She is collaborating with some of the finest talents in the Tamil, Telugu, and Malayalam film industries.

    Keerthy Suresh has recently completed the filming of her current Telugu film, Dasara in Hyderabad. On the last day of the shoot, the actress surprised the movie crew by gifting a two-gram gold coin to each of the 130 film workers who worked on the film. Reportedly, she spent over Rs 13 lakhs on gold coins. Her kind gesture is winning hearts.

    On the professional front, the actress will be seen in Chiranjeevi‘s ‘Bhola Shankar’. She is said to be playing the sister’s character in the movie. Speaking about Dasara, the movie stars Nani in the male lead role.

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    ( With inputs from www.siasat.com )