My Collections

A rare Chinese vase kept in the kitchen sold for 1.8 million at auction

A precious Chinese vase dating from Qianlong era (18th century) was sold for nearly USD 1.8 million at Dreweatts Auction.

The seller was a son of a surgeon who stated that his father bought this Chinese Vase in 1980s for just a few hundred pounds. The seller then inherited this vase from his father and kept it in his kitchen. He did not realize its value until it was discovered by an expert.

The Chinese Vise was a porcelain blue artifact in two feet height. It was crafted using innovative heating techniques to gild its blue, gold and silver coloring. It was made during the reign of Qianlong Emperor – the sixth emperor of the Qing dynasty.

The result of high sale prices shows the high demand for the finest antique porcelain in the world.

Images source: https://auctions.dreweatts.com/auctions/8176/drewea1-10298

Investment

Thousands of UK “Fish-and-Chips” shops would be closed in a year. Here is the reason.

Fish-and-chips shops in the United Kingdom are under a great pressure as the key ingredients – cods and sunflower oil keep soaring because of the war in Ukraine.

Nearly third of the fish-and-chips restaurants will be expected to be closed in the next few months. The prices of the main ingredients started rising at the end of 2021. And the costs go even further upward when Russia invaded Ukraine. It’s because nearly 40% of the industry’s cod and haddock come from Russian waters and 50% of its sunflower oil imported from Ukraine.

Business owners are struggling with higher costs as supply chain have been exacerbated by the war in Ukraine. The shops owners cannot make enough margins to survive. It’s too difficult for the shops to raise prices as customers expect the fish and chips to be in a reasonable price.

Business owners also fear that the UK government will impose harsh import tariffs on Russian products. It will push Business to stock up on alternatives and make business in UK become more difficult.

Image source: https://www.pexels.com/photo/fried-food-with-two-cup-of-drinks-on-table-2053891/

Investment

Elon Musk said his deal to buy Twitter is on hold

Elon Musk tweeted on Friday that his USD 44-billion deal to take the company private was temporarily on hold. And he was waiting for data on the proportion of its fake accounts.

He tweeted on Saturday that Twitter’s legal team accused him of violation a nondisclosure agreement by revealing that the sample size for Twitter’s examination on fake account users was 100.

He said that his team would test “a random sample of 100 followers” on twitter to identify the bots” and “I picked 100 as the sample size number, because that is what Twitter uses to calculate <5% fake/spam/duplicate.”

It caused Twitter legal team told him he violated an NDA and his deal is on hold now.

Investment

The world’s most valuable cryptocurrency tumbles

Bitcoin which some investors treated it as digital gold was down more than 50% below its all-time high. It was down 10% again Monday after plunging over the weekend. Bitcoin prices are more than 50% below its record high of nearly USD 69,000 from 2021 and are below USD 31,000 now. Other cryptocurrencies such as Ethereum, Altcoins and Elon Musk’s beloved Dogecoins have been hit hard too.

Image: https://cdn.plus500.com/Media/ArticlesMain/Bitcoin_Article@0,75x.png

Investment

Decoupling, one of the biggest risk to the global economy

Global Markets may still underestimate the impact of China’s strict zero-Covid policy. Until now, nearly 400 million people across the mainland China are under full or partial lockdown. 

Investors probably do not aware of this zero-Covid policy as much more attention remains focused on the Russian-Ukraine war and the US Federal Reserve rate hikes.

However, more and more analysts are ringing warning bells as Shanghai, a city of 25 million and one of China’s premiere manufacturing is under the indefinite lockdown. The quarantines left the largest port in the world understaffed. Food supplies stuck in shipping containers, incoming cargo is now stuck at Shanghai marine terminals and cargo airlines were cancelled all flight in and out of the city. Sony, Apple supplier plants, Quanta Factory and Tesla factory in and around Shanghai, are idle.

The impact on China is major and the ripple effect on the global economy is also significant.

The ongoing disruption to manufacturing and shipping in China may help accelerate the US president Joe Biden to reduce US dependence on products and supply chains from China. Some US economic leaders believe that decoupling is underway. However, it is extremely difficult. Globalization is not something that is easy to be reversed because it would be incredibly costly. 

My Collections

2022 Canadian Super Incuse SML Rose Gilded Proof Silver Coin



 

2022 Canadian Super Incuse SML Rose Gilded Proof Silver Coin

 

The collection of double-incuse Silver Maple Leaf (SML) coin was introduced by Royal Canadian Mint in 2018.

Then, Royal Canadian Mint followed it up with gold- (2019) and black rhodium-plated (2020) versions.

Afterward, the mint took art to all-new depths with the first Super Incuse SML in 2021. While the previous incuse coins had a standard incuse depth of
0.3 mm, thanks to new technology developed by our Research and Development team, on the Super Incuse SML the intricately engraved maple leaf sits 1.5 mm below the coin’s surface – that’s nearly 40% of the coin gauge!

The 2021 version was sold out rapidly in every coin shop. Collectors around the world was so desperate to get one!

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2021 Canadian Super Incuse SML Proof Silver Coin

The year 2022, Royal Canadian Mint launched 2022 Canadian Super Incuse SML Rose Gilded Proof Silver Coin. And the design is much more beautiful and detailed than the previous version. 

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2022 Canadian Super Incuse SML Rose Gilded Proof Silver Coin

The coin’s reverse features Walter Ott’s iconic sugar maple leaf design, unchanged since the first Silver Maple Leaf (SML) bullion coin issued in 1988. The Mint enhanced the revolutionary Super Incuse SML with the addition of selective rose gold plating and maple leaf field pattern on both sides; truly a perfect fusion of modern technology and classic design.

  • Mintage: 7,000
  • Composition: 99.99% pure silver
  • Finish: modified reverse proof
  • Weight (g): 32.41
  • Diameter (mm): 36
  • Edge: serrated
  • Certificate: serialized
  • Face value: 20 dollars
  • Artist: Walter Ott/RCM Engravers

Source:

https://mint.ca/store/coins/1-oz.-fine-silver-coin-%E2%80%93-super-incuse-silver-maple-leaf-%E2%80%93-mintage-7000-2022-prod3820030

 

 

My Collections

Royal Canadian Mint – 2022 Canadian Her Majesty Queen Elizabeth II’s Diamond Diadem Matte Proof Silver Coin with Swarovski

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To pay tribute to the Queen of Canada in her Platinum Jubilee year, Royal Canadian Mint presents a numismatic coin – 2022 Canadian Her Majesty Queen Elizabeth II’s Diamond Diadem Matte Proof Silver Coin with Swarovsk.

Specifications

Year : 2022

Gross Weight : 31.39 g

Diameter ( mm ) : 38 mm

Face Value : $20

Fineness : .9999

Quality : Matte Proof

Mintage : 4500

The Queen’s Coronation took place on 2 June 1953 following her accession on 6 February 1952.

Do you know that Coronation of Queen Elizabeth II in 1953 was very special for the people in the United Kingdom? This was the first Coronation ever to be televised, and it was watched by 27 million people in the UK alone and millions more audiences around the world.

On her way to the Coronation, Queen Elizabeth II wore the George IV State Diadem – this Diadem features roses, shamrocks and thistles with 1,333 diamonds and 169 pearls.

This year 2022, the Queen Elizabeth II is going to her 96 years old. She becomes the first British monarch to reach a Platinum Jubilee. And this few years. The Queen’s health and the future of the UK monarchy is always in spotlight. It makes collectors around the world are now buying items which are related to Queen Elizabeth II and Platinum Jubilee.

https://www.royal.uk/50-facts-about-queens-coronation-0