Hashtag: #CurrencyAndCoins

Bermuda “Hogge Money” Coin Sold For $96,000

Bermuda “Hogge Money” Coin Sold For $96,000

A rare example of Bermuda “Hogge Money” — a coin which was produced in the early 1600s — sold for $96,000 when it was auctioned last night, with the coin one of only eight examples known to exist. “The Sommer Islands coinage was produced in England circa 1616 for use in the British colony now known as Bermuda,” the auction... Read more of this article

Bermuda “Hogge Money” To Be Auctioned

Bermuda “Hogge Money” To Be Auctioned

A rare example of 17th century Bermuda “Hogge Money” is expected to attract heavy bidding when it is auctioned in California next week. Minted in England following the permanent settlement of Bermuda by the Virginia Company in 1612, the “Hogge Money” coins were issued in four denominations: shilling, sixpence, threepence, and... Read more of this article

BMA Release Special Commemorative Coins

BMA Release Special Commemorative Coins

The Bermuda Monetary Authority [BMA] has marked its 50th Anniversary by releasing special commemorative coins. The 50th Anniversary coin has a triangular design featuring a compass rose and the islands of Bermuda, and are available in denominations of $5 [1/20 oz.] gold, $2 [1 oz.] silver and $0.25 [1 oz.] cupronickel.Established in 1969, the BMA... Read more of this article

Gold Cup: Withdrawing 20,000 From The ATM

Gold Cup: Withdrawing 20,000 From The ATM

[Written by Don Burgess, who is reporting from Costa Rica] After I cleared Costa Rican customs, I got my my bags and my first task was to get some cash. Costa Rica’s base unit is the Colon, which is named for Cristobol Colon [Christopher Columbus]. I had done my research on the conversion rate prior to arriving, but a slightly harrowing immigration... Read more of this article

Dr Worrell Suggests Caribbean Move To US Dollar

Dr Worrell Suggests Caribbean Move To US Dollar

A leading Caribbean economist has suggested that the islands “permanently retire” their currencies, and move to the US dollar. “Caribbean currencies served a crucial purpose when they were first introduced, but they have now become a nuisance in today’s digitised world”, Barbados-born economist Dr. DeLisle Worrell said, adding... Read more of this article

Heron Bay Students Learn About Numismatics

Heron Bay Students Learn About Numismatics

Students from Ms. Wales’ P4 class at Heron Bay Primary School recently visited the Bermuda Monetary Authority for a lesson in Bermuda’s currency and tour of the Authority’s Museum of Notes and Coins. The presentation and tour were conducted by Ms. Tessa Ingham, Analyst in the BMA’s Finance and Currency Department. The BMA explained, “Numismatics... Read more of this article

Police Advisory: Counterfeit Bermuda $50 Notes

Police Advisory: Counterfeit Bermuda $50 Notes

The police are advising people to “be vigilant for counterfeit Bermuda $50 notes currently in circulation, bearing serial numbers A1402579 and A1361701,” noting that in the last ten days, 10 of these counterfeit notes have been seized by police. A police spokesperson said, “Residents and businesses are advised to be vigilant for counterfeit... Read more of this article

Police Advisory: Counterfeit Bermuda $50 Notes

Police Advisory: Counterfeit Bermuda $50 Notes

The police are advising people to be “vigilant for counterfeit Bermuda $50 notes currently in circulation,” saying that this week alone – after the arrest of two men – “police have seized 35 fake Bermuda $50 notes, which are easily identifiable by their low quality and having the ‘Longtail’ portrait on both sides of the note.” A... Read more of this article

Arrest In Connection With Counterfeit Money

Arrest In Connection With Counterfeit Money

The police are advising people to be “vigilant regarding counterfeit U.S. $50 notes bearing serial number MD36441997A,” adding that one of these notes was tendered at a gas station on Tuesday evening, and a 54-year-old man has been arrested in connection with the matter. A police spokesperson said, “Residents are advised to be vigilant... Read more of this article

Police Advisory: Counterfeit Currency Circulating

Police Advisory: Counterfeit Currency Circulating

The police are reminding the public to be vigilant regarding counterfeit Bermuda $50, $5 and $2 notes that are currently in circulation, urging people to “take a few seconds to examine any money they may receive, especially the larger denominations.” A police spokesperson said, “The public as well as businesses and their employees... Read more of this article

Counterfeit Bermuda $50 Currency Circulating

Counterfeit Bermuda $50 Currency Circulating

The police are urging the public to “be vigilant regarding counterfeit Bermuda $50 notes currently in circulation.” A police spokesperson said, “Employees are once again advised that if counterfeit cash is detected during a transaction, the member of staff receiving the fake money should hold on to it, note the description of the individual... Read more of this article

U.S. $100 Counterfeit Currency Circulating

U.S. $100 Counterfeit Currency Circulating

The police have warned people to be vigilant as counterfeit U.S. $100 notes are currently in circulation. A police spokesperson said, “The public is advised to be vigilant regarding counterfeit U.S. $100 notes currently in circulation bearing serial number LB73918531S. “Employees are once again advised that if counterfeit cash is detected... Read more of this article

Police: Counterfeit U.S. $100 Notes Circulating

Police: Counterfeit U.S. $100 Notes Circulating

The Bermuda Police Service is advising businesses and their staff as well as residents to “be vigilant regarding counterfeit U.S. $100 notes currently in circulation.” “The forged U.S. $100 bills have the same serial number: H1413713,” a police spokesperson said. “Employees are once again advised that if counterfeit cash... Read more of this article