More Gold & Silver Coins Info

An old practice to test whether a gold coin was counterfeit was to bite down on it. Since pure gold is relatively soft any base metals mixed with the gold to lessen its value will also harden the coin, and so make it harder to bite on. The majority of bullion counterfeits (of all types) are rare, and fairly easy to detect when comparing their weights, colors and sizes to authentic pieces. This is because the cost of reproducing any given coin precisely can easily exceed the market value of the originals.
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Throughout time, from the Greek and Roman ages to more modern times, civilizations flourished with sound money. The gold coin has proved to be the time-tested answer for societies desiring economic prosperity. The alternative, fiat currency, has resulted in the demise of prosperous civilizations since Roman times. The word "fiat" means by government edict. It is simply impossible for a government to magically proclaim sound money and reliable purchasing power of wealth with paper currency. This fact prompts Americans to consider investing in gold coins.
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More wholesale silver dollars Info

Last days to vote for American Numismatic Association's (ANA's) humor column contest

Mon, 19 Nov 2007 19:27:00 +0000
(Attention ANA Members: Voting to end soon! Cast your vote for your top three picks at humor@money.org with your top pick as #1. Make sure your email contains three names or the ANA will consider...



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Labels: us old gold coins | five dollar gold coins | french gold coins

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More Money & Coin Collecting Info

Make sure the seller has a return policy that will allow you a refund if you are not satisfied with the coin. This is especially important if you are buying a non-certified coin. You want the option to return it if your grading service returns a lower grade than you bought it at.
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One big category of coin damage we see is from staple scratches. Much of this damage comes from staples that are not completely clinched. Normal staplers leave a curl of the staple rising above the surface. This piece of staple can easily scratch adjacent coins as the coin shifts in a box or is removed or inserted from the box. Flat clinch staplers fully compress the staple into the surface of the holder leaving nothing behind to damage other coins. We like the Max HD-50DF because it is full size and uses regular staples. Max also makes half strip and palm size versions for collectors that prefer a smaller stapler. All three staplers completely clinch the staple as part of the stapling proces
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China: Panda gold coins. These charming, high-demand coins are renowned for being among the world's most beautiful.
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Have you ever held a gold coin in your hand? It's amazing! When you first hold a gold coin, the luster and weight immediately tell you why gold coins have been the standard in storing wealth for all of human history. So what do gold coins have to do with saving money for your mortgage down payment? It's actually very simple: gold attracts wealth. Some people call it attraction, others call it luck. Whichever you prefer, if you own a gold coin you will earn more income. Wealth will be attracted to you and you will save enough money for your down payment sooner than if you did not own the coin. Buy a gold coin and give your luck a boost.
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In general, gold becomes more desirable in times of bank failures. When dollars were fully convertible into gold, both were regarded as money. However, most people preferred to carry around paper banknotes rather than the somewhat heavier and less divisible gold coins. If people feared their bank would fail, a bank run might have been the result. This is what happened in the USA during the Great Depression of the 1930s, leading President Roosevelt to impose a national emergency and to outlaw the holding of gold by US citizens then known as Executive Order 6102 which has since been ended.
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What do shipwrecks, the California gold rush, and the Civil War have in common? . . . $20 gold coins!

Sun, 20 May 2007 03:44:00 +0000
With all the current news about the $500 million shipwreck treasure of gold and silver coins recently discovered, I thought now would be a good time to revisit an earlier shipwreck also discovered by...



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