News & Notes

Notable News (August 20-26, 2024)

Published August 26, 2024 | 1 min read

By Darcie Graybill

This week’s headlines include King Charles III £1 coins, Pakistan note redesign, and Nebraska tax exemption on coins and bullion remains intact.

The first £1 coins featuring King Charles III have entered circulation. Nearly 3 million coins have been issued to post offices and banks across the UK. The monarch appears on the obverse, and the reverse features a pair of bees.

Photo: The Royal Mint

Pakistan will unveil new designs for its paper currency in 2025. All denominations will be redesigned with enhanced security features and updated motifs.

Photo: Getty Images/johan10

The existing sales-tax exemption on purchases of currency and bullion in Nebraska remains intact. Legislation threatening to repeal this long-standing tax exemption had been proposed but was not passed.

Photo: Getty Images/ayala studio

The Royal Canadian Mint has released a 99.99-percent pure silver coin depicting a howling wolf that features Lifted Engraving technology. The technique lifts the focal point above the rest of the coin surface. On this coin, the wolf is elevated and stands apart from the full moon behind it.

Photo: Royal Canadian Mint