Indian Gold Coins
Stack’s Bowers Galleries is thrilled to share details of their forthcoming Stacks Bowers NYINC Auction of world coins, world paper money and ancient coins, held in conjunction with the prestigious New York International Numismatic Convention (NYINC). This event will be held January 12-14 2017 at the Waldorf Astoria Hotel in vibrant Midtown Manhattan in New York City.
The Ancient and World Coin Stacks Bowers NYINC Auction sale will be split between two days… Read the article for more details.
Examples: (screenshot 12/11/16)
Black deals in Rs 500 and Rs 1,000 notes have been stopped by demonetisation. Optimists hope this will end the scourge of black money. Pessimists say no, the new Rs 2,000 notes will soon replace Rs 1,000 notes in black deals.
I prophesy that gold coins will overtake currency notes in financing large black deals. This will hugely increase the demand for imported gold, causing balance of payments strains.