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Monday, December 22, 2008
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The first rule is � no matter the coin � never use harsh abrasives like silver polish. Abrasives scrape the top layer off of whatever they are polishing, and in the case of a coin, that top layer contains all of its detail and hence its numismatic value. Polishing in this way will leave the surface of the coin covered with tiny pits and scratches, not exactly conducive to preserving the coin's value. If you clean the coin using an abrasive, you'll get a shiny coin, but it will not be a coin that collectors are interested in. To see for yourself, try it on a penny, especially one from before 1982 (when they were 95% copper). The coin will be shiny and clean, but if you compare it to a similar coin, you will see that it also looks unnatural. Shiny, yes, but it will not look like it looked naturally when it was minted. Collectors eschew coins that don't look natural.
Buy Morgan silver dollars for a great investment.

Buy two Krugers though, and quantity price breaks make krugerrands cheaper, and therefore a better buy. Also while it is true that larger bars, such as one kilo ones sell for a lower percentage premium than krugerrands, they are not as easy to resell. Only a specialist gold dealer is likely to give you a good purchase price for gold bars, and then often with less enthusiasm than for krugerrands, sovereigns, or other highly marketable coins
Buy seated Liberty silver dollars for a great investment.

For most of history, coins were valued based on the precious metal they contain. Whether a coin is made by who it appears to be was of secondary importance compared to whether it contains the correct amount of metal, that is, right weight and fineness. Genuine appearance was simply a convenient shortcut to avoid time-consuming tests in everyday transactions.
In the mood for buying rare gold coins? Visit our store.

In today's world of fiat currencies, buying gold coins still answers the need for sound money, as it has for thousands of years. Bullion coins have a proven ability to protect wealth and preserve one's purchasing power, and gold coins offer divisible size and are universally acceptable in a recognizable form. This makes the purchase of gold coins and the selling of gold coin convenient through reputable coin dealers. Monex is America's premier coin dealer because of its sizable buy-and-sell bullion and coin market. Billions of dollars in transaction volume is proof that Monex offers competitive gold coin prices, making Monex the preferred source for the purchase of coins. Whether it be for investing in pure 24k gold Vienna Philharmonic, American Buffalo, or Canadian Maple Leaf coins, or other monetary bullion coins like the Krugerrand or the US American Eagle, buying gold coins is a convenient method for wealth protection and profit potential.
You can buy 5 dollar liberty gold coins in our store.

us paper money Stories

Precious Metals Move Lower as Oil Prices Tank

Thu, 18 Dec 2008 22:21:51 +0000
Precious metals stepped lower Thursday as the U.S. dollar showed some strength and oil prices tumbled below $36 a barrel for the first time since the middle of 2004. New York silver, gold and platinum futures fell 2.6 percent, 0.9 percent and 0.2 percent, respectively.
January crude-oil hit a record four-year low, falling $3.84, or ...]

U.S. Mint releases latest Presidential Coin: Martin Van Buren (8th President)

Fri, 14 Nov 2008 17:14:00 +0000
Martin Van Buren, the nation's eighth president, is honored today with the issuance of a $1 coin bearing his image.

The Van Buren dollar is the fourth in the presidential series released this year...



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Will printing money help the economy? - Los Angeles Times

Thu, 18 Dec 2008 00:53:43 GMT

BBC News

Will printing money help the economy?
Los Angeles Times, CA - Dec 17, 2008
And that could hasten the day when the people who lend the US money in the hopes of getting back something that's worth close to what they lent us will stop ...
Video: Asian Markets Cautious After Fed Rate Cut AssociatedPress
Asia Money Market Rates Fall as BOJ to Follow Fed, Libor Slides Bloomberg
google news commentComment by Robert A. Brusca, PhD Chief Economist, Fact and Opinion Economics NY, NY
New York Times
all 7,195 news articles


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