More Numismatists News
Most paper money dealers don't have stores in the same sense as coin dealers. Most transactions occur through the mail and over the phone. It may seem less than ideal initially, but it works very well. Nearly every dealer who works through the mail offers a money-back, no-questions-asked policy. If the note you buy is not really the one you want, you can almost always return it.
Buy silver dollar errors for a great investment.
Sometimes banknotes soar in value due to some historic or newsworthy event. For example, various European banknotes greatly increased in value where they were replaced with the new Euro currency. Hong Kong notes doubled or even tripled in value around the time of the Chinese take-over. Many alert collectors and investors anticipate these rises in value and realise big profits be buying up the notes before they rise in value. Remember the recent volcano in Monserrat? One month, Monserrat notes were just as desirable as any other East Caribbean State banknote. As soon as the volcano rendered the island uninhabitable, shrewd dealers and collectors world-wide bought every Monserrat note they could obtain, knowing that it was unlikely that any more would be printed.
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An added benefit of your gold investment is it will hedge you against inflation, the savers worst nightmare. Inflation means the dollars you have saved for your down payment are worth less each day. As inflation rises, however, gold will appreciate in value to help counteract the lower value of your dollars. This is very similar to how oil stocks provide a hedge against higher gasoline prices. This is a more advanced investment topic and should not be your primary concern but is worth consideration. If you're only buying one coin, it's not going to provide a huge amount of insurance against inflation but it's nice to know you have some protection. Most importantly, it's a great feeling to know that luck is on your side. Buy a gold coin and you will start noticing good things happening in your life. Buy a gold coin and you will quickly save enough money for your mortgage down payment on the home of your dreams.
You can buy silver dollars as a great investment.
You hear the same advice time and time again: Diversify your portfolio. Today I'm going to make the case for something new in the world of diversification, taking the concept to the next level. I propose that you should not only diversify you overall portfolio of assets, but look at your gold bullion coin portfolio as its own world. Within this world of gold bullion coins, I suggest diversifying like crazy! Make sure you have all the popular sizes (tenth ounce, quarter ounce, half ounce, one ounce) and also popular styles (American Eagle, American Buffalo, Canadian Maple Leaf, South African Krugerrand, with a few more thrown in too).
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The International Bank Note Society's quarterly journal carries free advertising "of a non-commercial nature" for people wanting to update their personal collections. Bank Note Reporter also has a lot of small cheap ads for this. These are good places to look for people to trade notes.
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Your Latest us silver dollars News
Royal Canadian Mint’s “Million Dollar Coin” on Display at CNA Convention
Fri, 18 Jul 2008 05:12:38 +0000
The world-record 100-kg, 99.999% pure gold maple leaf bullion coin will be displayed at the 2008 annual convention of the Canadian Numismatic Association
Media representatives and the general public are invited(*) to a one-day showing of the world’s largest, purest and highest denomination gold coin at the Crowne Plaza Hotel in Ottawa on Saturday, July 19, ...]
2008 American Eagle Platinum Uncirculated Coins Now Available
Fri, 18 Jul 2008 01:48:07 +0000
Final Coin in Three-Year Series Honors Judicial Branch of United States Government
WASHINGTON - The United States Mint began accepting orders for the 2008 American Eagle Platinum Uncirculated Coins on July 1, at 12:00 noon (ET). There is no household limit for these options.
The 2008 coin’s reverse features the final design in the three-year ...]
Rare Coins Produce Higher Returns Than Gold, Despite Lag
Thu, 17 Jul 2008 20:18:58 +0000
Since 2002, Blanchard has been telling our clients that the price of gold was going up – a lot. We believe that the current bull market will end only when gold surpasses it’s old high of $850. In today’s dollars, that would mean a price of more than $2000 per ounce! We’ve still got a ...]
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