In recent years a new line of collector’s items has been established: banknotes that are not made of paper, but of precious metals. While usually the items for sale are merely collector’s objects without any nominal value, Coin Invest Trust (CIT) has now issued the first real legal tender silver note – a first that will certainly be followed by many successive issues. In Asia collectors are especially excited about this new line of collector’s items.
The banknotes, minted for the Cook Islands, display a portrait of Queen Elizabeth II resembling her coin portrait, which also functions as certificate of authenticity. The obverse also features the nominal value, 1 Dollar, as well as technical information, i.e. silver content, weight, mintage, size, and year of issue.
The colorfully designed reverse of each of the series’ five issues depicts the skylines of the world’s great metropolises – New York City, Sydney, London, Toronto and Hong Kong – each completed by the city’s world famous landmarks.
For each banknote at the nominal value of $1, measuring 150 mm by 70 mm and only an incredible 0.045 mm thin, five grams of fine silver have been processed. Manufactured by the Munich-based mint B. H. Mayer’s Kunstprägeanstalt, CIT were the first to create a fusion of metal value and legal tender with this new series.
More information can be found on the coin’s page at www.coin-invest.li.
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Time Capsule Coin
Cook Islands. 5 Dollars 2017. Silver .999. 1 oz. 35 x 35 mm. Proof-like. Mintage: 1,500 pcs.
Design: Coin Invest Trust. Mint: B. H. Mayer’s Kunstprägeanstalt, Munich.
Featured on the obverse, in the midst of the gears of a clockwork, is the Ian Rank-Broadley portrait of Elizabeth II of England, also her name, the title of the issuing nation, and the nominal value.
The reverse depicts clock faces and a pocket watch, plus the Latin legend TEMPORA MUTANTUR, NOS ET MUTAMUR IN ILLIS (“Times change and we change with them”).
Filled with contemporary artifacts and documents, sealed, and stored for a longer period of time, any container can be turned into a time capsule. Assembled by an eye witness, a time capsule can thus become a valuable storage medium to preserve information from a bygone era.
Considered as the inventor of the modern time capsule is the American Thornwell Jacobs. Impressed by the discovery of the ancient Egyptian burial chambers, he came up with the idea to conserve selected objects in sealed containers for posterity. His idea was put into practice in 1936 with the “Crypt of Civilization”. The swimming pool of the Oglethorpe University in Atlanta was turned into a sealed chamber, in which significant objects rest until the planned opening in the year 8113. By now, immuring time capsules in the foundation walls of important buildings has become a widespread tradition.
For coin lovers everywhere, Coin Invest Trust has now developed a numismatic version of this tradition for the Cook Islands. Visually the warped coin falls into line with the 2017 winner of the COTY award, the Space-Time Continuum coin.
The wrapping in itself is a time capsule that can be filled with personal objects and closed with a seal – to keep, to bury, or to give away as a present.
This film provides you with a good impression of the coin, minted with smartminting© technology:
Thanks to smartminting© technology the coin is characterized by a surface which is warped multiple times. It is delivered in a sealable cylinder, which can be turned into a time capsule.
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