Pobjoy Mint has released a new coin on behalf of the government of the Isle of Man which features the elegant and graceful bird, the Swan. Nearly everyone knows this magnificent, and large, bird whose white feathers are a symbol of purity and whose beauty and elegance is enjoyed by people of all ages. The design on the coin features two Swans with their necks formed in the shape of a heart, which is particularly apt as male and female swans are said to mate for life.

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A Montgomery $1,000 Confederate note and a small-size $1 1928D star Silver Certificate topped Smythe’s July 5-7 auction in Memphis, Tenn., at the annual International Paper Money Show. Overall, Smythe’s Memphis auction realized $4,479,893. All prices reported in this article include buyer fees of 15 percent for most bidders and 20 percent for eBay bidders.

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An online Teletrade Premier Plus auction Aug. 16 will give collectors a market price for the first time for a 100-kilo (3,215 troy ounce) Canadian gold coin with a $1 million face value.

The coin, which contains more than $2 million of gold bullion, was introduced by the Royal Canadian Mint in early May, but so far sales have been by private treaty.

“This is the first 100-kilo coin that is available for sale to the public. It will be the most valuable coin ever offered in an online-only auction, said Ian Russell, President of Teletrade of Irvine, Calif., a division of Spectrum Numismatics International.

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When I first started writing about coins professionally in 1965, the Dow Jones Industrial Average topped out the year at 911 on its way to 792 the following year. Corporate bonds paid out an average of 4.49 percent according to Moody’s, which quoted the rate for corporate Aaa bonds. Treasury bills (government obligations of more than a month in duration) were averaging about 3.93 percent, on their way, thanks to the Vietnam War, to 4.76 percent the following year, and the Standard & Poor’s 500 average was an odd-sounding 92.43 (on its way to 80.33 in 1966).

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