• Mon
  • Nov 24, 2014
  • Updated: 6:31am

Dollar Coin

A fistful of cents ... good for the piggy bank but not much else

The smallest things in life are always the most overlooked. While we're ignoring them, we don't realise how much they're costing us. The face value of our 10- and 20-cent coins is less than what it takes to produce them.

Tuesday, 12 October, 2010, 12:00am

Antique silver dollar poised to smash the US$1m barrier

Michael Chou is fairly sure this is the one.

The Champion Auction president is pretty confident that by the time the hammer falls today at the 11th Champion Auction at the Hyatt Regency Hong Kong Hotel in Tsim Sha Tsui, the Yunnan Spring 1910 Silver Dragon Dollar will have become what he says is the first Chinese coin to sell at auction for more than US$1 million.

22 Aug 2010 - 12:00am

A fair share

It's quite a spectacle to see a judiciary so much at odds with itself as ours has been in the controversial PCCW buyout saga. Nothing is wrong with the deal, says a High Court judge. Everything is wrong with the deal, says a Court of Appeal judge. Next stop, the Court of Final Appeal. Dice, anyone?

19 May 2009 - 12:00am

Gold sets the standard

You have been reading too many pirate stories recently. Last Saturday you spent a couple of hours digging the beach with your friends to find a treasure.

On the way back home, your grandfather asked you what you were doing. 'I was looking for gold!' Your grandfather smiled and said: 'I have gold coins.' He does not look like a pirate though!

28 Apr 2008 - 12:00am

Secretive

I am an active member of a hospital fund-raising committee.

For many years, our committee and many other fund-raising organisations have had to depend upon the Social Welfare Department for the granting of regulated flag days.

1 Oct 2000 - 12:00am

Yam's suspension of belief over talking cents

Our Monetary Authority chief just offered the following advice to the citizens of Hong Kong: Take a magnet. Suspend it above all your one dollar coins from 1993. See if any coins stick. If one of them does, hold on to it.

14 Feb 2000 - 12:00am

Fifty years ago

CANTON (August 7): THE silver yuan certificates are holding their own despite military reverses and attempts of certain suspected Communists to push down their value.

To-day they were still quoted at about HK$3.70, very close to the rate of the silver yuan in coin.

1 Aug 1999 - 12:00am

Kiwi climbs off 12-year low

The New Zealand dollar rose yesterday from the 12-year low it reached on Wednesday after the Australian dollar gained as investors and exporters took the chance to buy the aussie cheaply. 'There's been a lot of good buying in the aussie from investors and exporters,' a trader said. 'And the kiwi's keeping pace with that' and would rise higher in the short term.

12 Jun 1998 - 12:00am

Frustrating search for coins proved fruitless

On the morning of Saturday, July 26, I was tending to some minor bank business for several stores I am responsible for, simple deposits and change run (the person normally responsible was on holiday).

6 Aug 1997 - 12:00am

Bank steps in to help won

The Bank of Korea intervened in Seoul's interbank won-dollar market yesterday to slow the won's fall against the dollar, dealers said.

Traders said the bank intervened when the won fell suddenly to 815.20 to one US dollar. The central bank's dollar selling pushed the won up to 814.20.

Larger than expected import settlements had been pressuring the won.

13 Aug 1996 - 12:00am

Figure '5' a real give-away

I READ with interest Dolf L. Goldsmith's suggestions in his letter headlined 'New coin' (South China Morning Post, January 24).

All US dollar notes are the same shape, size and colour, which must prove equally confusing to their users (I believe there are a considerable number in Mr Goldsmith's home country).

8 Feb 1996 - 12:00am

Taiwan reserves fall

TAIWAN'S foreign-exchange reserves fell to US$92.98 billion at the end of August, a sharp drop of $5.98 billion from the previous month, the central bank reported yesterday.

The decline was caused by heavy selling of US dollars by the bank to support the sagging Taiwan dollar against the greenback, a central bank official said.

13 Oct 1995 - 12:00am

Ride the golden bull and hang on for life

WHAT happened to gold? To over-simplify, it ended a 13-year bear market in all currencies except yen and is in a bull trend. It moved upwards vigorously to more than US$400 an ounce, then got side-tracked on August 5 and fell to about $365. The technicians will tell you that was a normal 50 per cent retracement.

12 Sep 1993 - 12:00am