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The Kangaroo gold coin was first produced in 1986. The Australian Gold Nugget/Kangaroo coin is one of the most popular coins created by the Perth Mint in Western Australia. Perhaps the most diverse of any nation's bullion coinage, the Gold Australian Nugget/Kangaroo is minted in eight different sizes from 1/20th of an ounce all the way up to 1-kilogram. The design on the reverse originally depicted natural Australian gold nuggets (example right), with different designs for various sizes. The design theme changed in 1989 to feature the most recognizable animal in Australia, the kangaroo (example above). For this reason, the coin is referred to both as an Australian Nugget and Kangaroo.
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According to the World Gold Council, annual mine production of gold over the last few years has been close to 2,500 tonnes. About 3,000 tonnes goes into jewelry or industrial/dental production, and around 500 tonnes goes to retail investors and exchange traded gold funds. This translates to an annual demand for gold to be 1000 tonnes in excess over mine production which has come from central bank sales and other disposal.
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Collecting paper money is an exciting hobby that is growing in popularity for many reasons. For one thing it's becoming increasingly easy to find interesting and attractive banknotes from around the world, with great visual, historical and cultural interest - often for only a few pence each. A banknote collection can be a fine investment. Many notes have been growing quite dramatically in value over the years, sometimes even over a few months. Besides this, the hobby is a great educator. It has something to teach everyone, about foreign culture, history, economics - and much more. As communication technologies brings the �global village' ever closer, it becomes ever more desirable to have a knowledge of foreign affairs and cultures. It's amazing how much knowledge of this kind you naturally absorb while enjoying this hobby. But collectors also love banknotes for their rich visual appeal. Every banknote collection is most definitely an art collection - and one of growing value.
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Other Price Guides and Sources for Coin Values
Fri, 04 Jan 2008 21:58:16 +0000
Coin Archives - www.coinarchives.com/
CoinArchives.com is a repository of Ancient and World coins previously featured in major numismatic auctions. It brings together the text, images, and prices realized from catalogs issued by some of the world’s most prestigious coin firms.
Coin Dealer Newsletter - www.greysheet.com/
The Only Source for Accurate, Timely & Unbiased Rare Coin Pricing Information! Subscription] ...]
Civil Rights Commemorative Silver Dollar Becomes Law
Tue, 02 Dec 2008 23:03:31 +0000
President Bush is two for two, signing two coin bills into law on two consecutive days.
The president signed the "Civil Rights Act of 1964 Commemorative Coin Act, H.R. 2040" on Tuesday, and the "U.S. Army Commemorative Coin Act" on Monday. (See article for Army coin.)
H.R. 2040 authorizes the Department of the Treasury to ...]
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The $20 Liberty Gold Double Eagle gold coin is a great way for investors to add growth and stability to their current mix of assets. Investors privately acquire this gold coin which has outperformed the stock market over the last 5 years. U.S. Congress was prompted to authorize the mintage of a twenty dollar gold coin in 1849 due to the California gold rush. Up until that time the U.S Mint created only $2.50, $5 and $10 gold coins. The $20 Dollar Liberty gold piece was minted from 1850 to 1907.
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Bullion coins are an excellent investment option. You can go in for the American Eagle, Canadian Maple Leaf, Britannia or the Australian Nugget. The American Eagle Gold coins were minted first in 1986 and hold pride of place as the world's leading gold coin investment option. These gold coins are struck in 22 karat gold with the total weight as stamped on the reverse of the coin. Silver and copper are also used so as to protect the gold finish. Special dyes are used to strike these gold coins to ensure that minute details are visible. Such American Gold Eagles can be bought at dealers of precious metals and coins. You can buy them at the prevailing price of gold and a premium for distribution costs. Gold coins are universally recognized and can be easily sold. The South African Krugerrand was the first gold bullion coin that was marketed as an investment opportunity. The one-ounce Kruggerand gold bullion coin is extremely popular.
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Does it pass the silver coin ring test? Silver coins have a distinctive ring when held on the tip of a finger and tapped with another coin. Be careful doing this test, though; you don't want to ding or damage the coin, or drop it onto a hard surface, so use some judgement. The ring test can be helpful when all other easy methods of checking are inconclusive. Remember, if something ever feels "wrong" about a silver coin, don't buy it! Trust your instincts! And if you've already bought it, send it back!
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The investment potential of banknotes has been evident over the years. Some items have seen a growth in value of 10,000% since the end of the last war! American Confederate States notes, for example, could then be bought for about 25c each in the USA. Now, they are hard to find for 100 times that amount. Even the indiscriminate collector can expect profit in the long-run, for most banknotes tend to rise in value. Scarcity and demand are the chief factors that govern market values, and banknotes are only produced in limited numbers, so when production of each note ceases, the existing examples can only become increasingly scarce and therefore increasingly valuable.
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Popular state quarter program ends with Hawaii
Sat, 08 Nov 2008 04:03:00 +0000
With a big aloha to Hawaii, a new generation of coin collectors are shutting their books on the U.S. Mint's popular 10-year state quarter program full of fond family memories and a fun dose of...
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Treasure hunters’ delight at the discovery of Roman coins bounty
Wed, 30 Jul 2008 20:35:43 +0000
THREE treasure hunters have unearthed 62 Roman coins which date back 1,700 years.
Adam Staples, Lisa Grace and her 14-year-old son, Tom Grace –- out with his metal detector for the first time – made the discovery on land near Stanton-by-Bridge.
The trio, from Derby, were scouring the soil when their equipment began to beep.
Mr Staples scooped ...]
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