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Friday, November 07, 2008

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The most common luster seen on United States gold coins, especially those from the 19th century, is frosty in texture. Frosty luster can be extremely attractive. I would describe it to the new collector as having a hard look and it is most associated, in my experience, with coins produced at the Philadelphia and San Francisco mints.
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Bullish investors may choose to leverage their position by borrowing money against their existing gold assets and then purchasing more gold on account with the loaned funds. In order to keep the cost of debt to a minimum, these individuals would normally seek a loan in the currency with the lowest borrowing rate, which, as of April 2006, was the Japanese yen. This technique is referred to as a "yen-gold carry trade". Leverage may increase investment gains but increases risk, as, if the gold price decreases, the investor may be subject to a margin call. Leverage is also an integral part of buying gold derivatives and unhedged gold mining company shares.
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Decide what type of paper money collection you want to have. Some people only collect banknotes which contain a certain image (fish, tractors, etc.). Others strive to obtain collections of currency from countries which no longer exist (Biafra, Rhodesia, etc.) Some focus on one single country while others try to collect from every country. It's all up to you and your interests. The variety of banknotes out there is so vast that there is bound to be some category you are interested in.
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Investors may buy gold for a variety of reasons: among them include a desire to diversify their assets; to hide wealth from tax authorities; for reasons of political belief (e.g. libertarian); or out of fear of an economic depression or other serious crisis (e.g. gold bug).
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All The Latest News From The eisenhower uncirculatred silver dollars World

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

(Fallbrook, California) - The Professional Numismatists Guild (PNG) and PNG member-dealer, Kevin Lipton, are jointly offering a $10,000 reward for information leading to the recovery of rare coins and paper money stolen from Lipton's Beverly Hills, California offices. The unknown thief or thieves took more than a quarter-million dollars worth of numismatic items during a break-in on Sunday, October 19, 2008.

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Paper Money & Coin Collecting Info

Perhaps the most fascinating field of Canadian Numismatics is paper money. The issues to be collected and studied extend from the card money of 1685 up to the present period, and include issues by a number of Colonies (Provinces) prior to Confederation, local governments, private, and chartered banks, business institutions, the Dominion of Canada and the Bank of Canada. Many collectors also include merchant notes or 'bons', education notes issued by Business Colleges, notes issued for political purposes and advertising "bills".
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The ever-growing availability of cheap and varied material from around the world has already brought the hobby of paper money collecting well within reach of even those on the tightest budget. This is one collecting field where prices are actually falling in many areas, mainly where new issues are concerned. For this, we can thank the effects of inflation. In comparison to western countries, many countries have steep inflation rates, making their currency sink in value in relation to our own. Thus, their currency notes become ever cheaper for us to obtain. Some typical cases from recent years include Brazil, Peru, Argentina, Russia, Zaire, Iraq, Yugoslavia and Turkey. In fact, we can even obtain notes with denominations of 50,000,000,000 or more for a dollar or two! Another exciting source of very cheap notes has recently emerged: the new ex-Soviet republics. Here is an opportunity to obtain the very first issues of several new republics for mere pennies. One can only imagine the value these first issues will have to collectors in future years.
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All The Latest News From The commemorative australian silver kangaroo dollars World

THE EAST BAY & EDUARD KANN COLLECTIONS OF WORLD BANKNOTES REALIZES MORE THAN $1.1 MILLION

Thu, 06 Nov 2008 06:19:24 +0000
Bowers and Merena Auctions, America’s leading rare coin and currency auction house, conducted an auction of exceptional international banknotes in New York City on October 27-28, 2008, compiled of two premier collections, “The East Bay Collection of International Banknotes” and “The Eduard Kann Chinese Banknote Collection.” Consisting of more than 2,100 total lots, the ...]

New Dollar Coin Emails Misinform

Wed, 07 Mar 2007 18:08:00 +0000

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More Gold & Silver Coins News

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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The Gold Panda gold coin has an annual design change that always featuring China's symbolic animal, the Pnada. The Gold Chinese Panda has long been a favorite of collectors and jewelry designers the world over. At one time this coin was minted in seven different sizes, second only to the eight sizes of the Australian Nugget. The 5- and 12-oz. sizes were discontinued over a decade ago.
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Confederate Currency. All genuine Confederate currency has some collector value, although most of the 1864 issue notes are very common (an exception being the $500 note, which is common but popular and is worth from $200 to $400 depending on condition). Earlier issues range from common to rare. All issues from 1861 in Montgomery are very valuable, and we suggest consultation with one of our currency experts if you have such a note. Replicas of Confederate currency are quite common, and are often printed on crisp, brown paper that appears antique. Genuine notes are hand-signed and numbered, and the replicas appear to be hand-signed and numbered as well, although close inspection will easily determine that the signatures on replicas are printed in the same ink as on the rest of the bill. Contemporary counterfeits made to circulate at the time of issue have collector value ranging from $10 to $100 or more depending on condition and the specific circumstances of issue.
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The usual benchmark for the price of gold is known as the London Gold Fixing, a twice-daily (telephone) meeting of representatives from five bullion-trading firms. Furthermore, there is active gold trading based on the intra-day spot price, derived from gold-trading markets around the world as they open and close throughout the day
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Coin collectors are much more common than old money collectors of the paper variety, though the latter are still quite active and manage to find some rare items occasionally. That paper variety may include pre US colonial currency, money from the beginning of the 19th century, currency from the Confederate States of America and also some souvenir cards of old money as the money itself are almost impossible to find and twice as hard to purchase.
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Mint Error News Magazine, Issue #25 Published

Thu, 30 Oct 2008 16:12:19 +0000
Mike Byers has published the newest quarterly edition of Mint Error News Magazine. Issue #25 brings the very latest in mint error and variety coin news and information.
As always, the magazine offers excellent photos that direct the reader right to the substance of coin errors. And the included error coin price guides compiled by ...]

Coin Trivia for 14 Oct 2008

1. Where are the V.D.B initials on a 1909 VDB cent?

Selling online: an overview of the rules - Out-Law

Thu, 06 Nov 2008 15:40:00 GMT
There has been a steady growth in the variety and volume of goods and services which are available on-line to both businesses and consumers, and on-line selling is increasingly ...

World War 2 Penny Errors Star at ANA Convention, Part 1: 1943-S Copper trades on the bourse floor

Wed, 20 Aug 2008 11:07:46 +0000
by Greg Reynolds for CoinLink
From July 30 to Aug. 3, thousands of coin collectors flocked to Baltimore to attend the annual Summer ANA Convention. Among the most newsworthy of events at the Convention were the sales of two San Francisco Mint pennies. On July 30, a 1943-S copper cent sold on the bourse floor and, ...]

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