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Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Wednesday, May 1, 2013

The first paper money Australia auctioned 3.6 million dollars

Sydney (News and Us)-Australia's first paper money printed 100 years ago and was discovered in a letter in the United Kingdom in 1999, is now offered at 3.5 dollars Australia or about 3.6 million u.s. dollars in an auction.

Paper money is worth 10 Shillings with serial number M000001 issued on May 1, 1913 it is awarded by the Prime Minister Andrew Fisher to Judith Denman, a five-year-old girl is the daughter of the Governor-General Lord Denman.


In 1999, nearly 12 years after Judith Denman inducted, the money found at his objects are sorted and then bought a collector in Sydney at a price of one million dollars in Australia in 2000.


The money was then sold again in auction in 2008 and sold at a price of 1.9 million dollars in Australia.


Coin sellers in Melbourne, Coinwork, that handles the sale of State ang paper represent one of the most important periods in the history of Australia-Commonwealth of Australia in 1901 formation.


Executive Director of Coinwork, Downie, Belinda says, after consultation with experts, he expects the historic banknote sold at least 3.5 million Australia dollars, which will be the highest value in the sale of coins or banknotes in Australia.


"As far as this would be the highest price," he told AFP and added that collectors and institutions are expected to want to buy it.


"I would prefer if that money could be exhibited permanently, as it is a piece of history is important and everyone should be able to participate in it. It's very unique, "he said.


The making of paper money was the idea of Prime Minister at the time, Fisher, and the Labor Government, which wants Australia's got a better national identity after colonial times.


Nation-building initiatives undertaken by Fisher also includes the creation of a Government bank, Commonwealth Bank, the introduction of the Commonwealth as well as the establishment of the post Office's capital city Canberra.


Translator: Maria D Adriana




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News; Finance; Insurance; Health; Cancer; Car Insurance; Health Insurance

Monday, October 24, 2011

Donald clinches US money list win

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-17: L Donald (Eng)-15: J Leonard (US)-14: T Pernice Jr (US), S Kang (Kor), K Chappell (US)Selected others: -13: T Immelman (SA), W Simpson (US)-11: H Stenson (Swe)Luke Donald Donald's back nine included six consecutive birdies Britain's Luke Donald clinched the PGA Tour money list title with victory at the Disney Classic in Florida.

The world number one played a magnificent back nine which included six birdies on the way to a 64.

Donald's chances looked far from certain with a bogey six on the eighth but his round came alive on the back nine.

Playing partner and PGA money list rival Webb Simpson finished the tournament four shots behind Donald.

The triumph means Englishman Donald is on course to become the first player to top the money lists in both the United States and Europe.

In Europe the 33-year-old leads by over £1m, but there are eight events left and he will be missing some because his wife Diane is expecting their second child in the next fortnight.

Continue reading the main story Iain Carter,
BBC golf correspondent

"Donald's reputation has been for collecting big cheques with consistently high finishes rather than an out-and-out winner. Revision of that assessment is long overdue.

"This was an astonishing victory. The Englishman only entered the final PGA Tour event of year to try to gain the top two finish that might win him the money list. A stunning final round 64 did the job in spectacular style.

"It was his fourth win of the year, he is destined to claim the Race to Dubai in Europe as well - no one's done that before - and Donald is more than justifying his position as world number one"

Donald had to win the Florida tournament or finish second to top the money list. It did not look a certainty with eight holes to play as Donald, Simpson, Billy Mayfair and Justin Leonard trailed 15-under-par tournament leader Kevin Chappell by one stroke.

Donald then started playing majestic golf with consecutive birdies on 10, 11, 12, 13, 14 and 15.

He took sole lead of the tournament on the 14th and strengthened his position with an extraordinary 45-foot putt on 15.

His form appeared to put Simpson off his stroke. The 26-year-old American, three under for the front nine, found himself making pars rather than birdies down the home stretch.

The Hemel Hempstead-born golfer parred 16, 17 and 18 to card his 64 and finish 17 under par.

"I didn't play the par fives well," the Englishman said. "But what better time to go on a run than the final round back nine when everything was on the line.

"I wasn't too happy with my swing earlier in the week but it's nice to do it under pressure. All credit to [coach] Pat Goss and the good team I have around me.

"It's been a tremendous year for me. I answered a lot of critics' questions coming here knowing I had to win, and doing it."

A gracious Simpson conceded: "I just ran into a buzz saw! I expected the best player in the world to play well but I didn't quite expect six birdies in a row. I didn't quite have my game where I wanted it."

Donald's Disney win was his fourth PGA career success but his first PGA strokeplay victory since the Honda Classic in 2006.

Still chasing his first Major, Donald has posted 14 top 10 finishes in 19 US tournaments in 2011.

The £531,000 Disney Classic cheque took him on to a total of £4.19m ($6.68m) US winnings this year, with Webb Simpson finishing on £3.98m ($6.34m).

Donald currently leads the European Tour money list with £3.34m in earnings, £1.14m clear of Northern Ireland's Rory McIlroy.



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Sunday, October 23, 2011

'No public money' to buy Titian

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23 October 2011 Last updated at 12:21 GMT Titian's Diana and Callisto has a price tag of £50m Titian's Diana and Callisto has a price tag of £50m The Scottish government has said it will not make a contribution towards securing a second masterpiece of Western art for the nation.

The National Galleries of Scotland (NGS) and the National Gallery in London have until the end of next year to buy Titian's Diana and Callisto.

Its companion piece, Diana and Acteon, was bought for the nation with the help of £12m from the Scottish government.

A spokesman said there were "no additional funds" for major purchases.

The government added it had ensured the long-term loan of the "important Bridgewater Collection to Scotland for another generation".

But the spokesman added: "Since 2008, successive culture ministers have made it clear that this government has made its contribution to the campaign.

"We wish the NGS every success with their efforts to secure the other Titian painting, Diana and Callisto.

"However, with a 57% cut to the culture portfolio capital budget over the next three years, there are no additional funds available for major purchases."

The Duke of Sutherland has put Titian's Diana and Callisto up for sale with a price tag of about £50m.

That painting, and its pair Diana and Acteon, were produced in the 1500s by Renaissance artist Titian - full name Tiziano Vecelli - and considered to be among his greatest works.

The Bridgewater Collection is considered the most important private collection of Old Master paintings on loan to a UK institution in the UK.

Included are masterpieces by artists such as Raphael, Titian, Rembrandt and Poussin.

The pictures have been on continuous public view in Edinburgh's National Gallery of Scotland since the collection was placed there in 1945 by the then 5th Earl of Ellesmere, later 6th Duke of Sutherland.



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Wednesday, September 28, 2011

Obama slams Republicans in West Coast money swing

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U.S. President Barack Obama waves to supporters at a Democratic party fundraiser in Seattle, Washington, September 25, 2011. REUTERS/Jason Reed

1 of 2. U.S. President Barack Obama waves to supporters at a Democratic party fundraiser in Seattle, Washington, September 25, 2011.

Credit: Reuters/Jason Reed

By Alister Bull

ATHERTON, California | Mon Sep 26, 2011 12:24am EDT

ATHERTON, California (Reuters) - President Barack Obama harshly criticized Republican opponents on Sunday as he began a West Coast fundraising tour, accusing them of "ideological pushback" at a time of national crisis.

In a swing likely to net his campaign several million dollars, the Democratic president deployed a newly combative tone to fire up core supporters.

"From the moment that I took office, what we've seen is a constant ideological pushback against any kind of sensible reforms that would make our economy work better and give people more opportunity," Obama said at his first stop in Seattle.

He needs the enthusiasm and financial backing of his base -- many of whom have voiced disappointment at his readiness to accommodate Republican demands -- to improve his chances of succeeding in his 2012 re-election bid.

Speaking at the home of former Microsoft executive Jon Shirley, Obama said he had hoped "because we were in a crisis, the other side would respond by saying now is the time for all of us to pull together. ... That was not the decision they made."

Republicans won big in 2010 congressional elections by campaigning against his policies, which they blame for driving up the U.S. deficit without providing promised jobs. They have fought Obama all this year to curb federal spending.

Obama was greeted enthusiastically as he began to speak in Shirley's ultra-modernist home before about 65 people paying $35,800 per couple. At his second stop, 1,750 supporters paid to listen to him at the Paramount Theater in downtown Seattle.

Several hundred Democratic activists, frustrated with Obama, held a rally to call for job creation, higher taxes on the wealthy and protection of the Social Security and Medicare government programs for the elderly.

"I voted for him. I walked the streets for him. But now I'm confused," said Karen Pooley, 48, who is fighting to ward off foreclosure on her two-bedroom home in Seattle.

FUNDRAISING SPRINT

Obama is building an impressive war chest to finance what is shaping up to be a tight and expensive race for the White House next year.

He is cramming in seven fundraisers during the West Coast swing that descended later on Sunday on California's Silicon Valley, the heart of America's high-tech industry. He visits San Diego and Los Angeles on Monday.

Mocking Texas Governor Rick Perry, a top contender to win the Republican nomination to face him next year, Obama told a group of 350 at the home of Symantec Corp Chairman John Thomson that the current Republican party had "puzzled" some of its longtime supporters.

"You've got a governor (Perry) whose state is on fire, denying climate change. You've got audiences cheering at the prospect of somebody dying because they don't have healthcare," he said, referring to recent televised Republican debates.

He later spoke under a tent at the home of Facebook Chief Operating Officer Sheryl Sandberg, whose 70 guests included pop singer Lady Gaga, and told them that "2012 was an even more important election" than the one in 2008.

MONEY ROLLING IN

Obama's approval ratings have been hurt by worry over the stubbornly high U.S. unemployment rate of 9.1 percent, and fears the country could face another recession. His numbers have even sagged in California, which went for him heavily in the 2008 election.

So far, that has not dented Obama's ability to raise amounts that dwarf the fundraising of his Republican foes at this point in the election race.

Obama chalked up $86 million in the second quarter on behalf of his own campaign and for the Democratic Party.

That was nearly five times as much as Mitt Romney, the top Republican fundraiser. Romney and Perry are the front-runners in the race for their party's 2012 presidential nomination.

Campaigns do not have to release third-quarter fundraising totals until October 15, but the president's campaign team has announced a more modest third-quarter goal of $55 million.

The lower amount partly reflects the impact of Obama being grounded in Washington during July by budget battles, limiting his ability to get out and raise money.

It could also show the pinch of the tough economy over the summer, as stocks slumped out of fear the government would fail to raise the U.S. debt limit and default on its obligations.

On Monday, Obama will sample Hollywood glamour at two events in Los Angeles, which feted him during his 2008 run, although some celebrities have voiced frustration his presidency has not lived up to their expectations.

Fundraising in California makes sense for the president, who raised $78 million in the state for his 2008 campaign -- 10 percent of all donations, according to the Center for Responsive Politics in Washington.

(Additional reporting by Patricia Zengerle in Washington and Nicole Neroulias in Seattle; Editing by Peter Cooney)



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