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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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Metal and water do not go well together! Almost everyone intuitively knows to keep their coins from getting wet but many collectors do not realize that even the moisture present in the air (humidity) can be enough to cause damage. Silica gel absorbs moisture that makes its way inside your safe deposit box, safe or other storage area preventing it from reaching your coins and causing damage. Silica gel can be easily reactivated in the oven when it has absorbed as much moisture as it can hold. Before shopping for silica gel, measure the size of the area to be protected and then buy the appropriate size of silica gel for storage space.
Buy US paper money.
Tell everyone you know that you are a paper money collector, many people will give you specimens they have collected on trips to foreign countries. Some people may have friends or relatives from other countries coming to visit who will bring you representative banknotes from their country in exchange for US dollars when they arrive. You'll never get anything if you don't ask, it's always worth asking.
Buy silver dollars for a great investment.
1928 U.S. Gold Certificate $10, $20, $50, $100, $500, and $1,000 bills are all legal to own, and all are highly collectible. The $10 and $20 notes are typically worth from twice face value to $100 or more depending on condition, while the $50 and $100 notes are more valuable. $500 and $1,000 Gold Certificates are scarce and we recommend consultation with one of our currency experts if you possess one of these notes.
Buy a roll of morgan silver dollars for a great investment.
Another type of luster seen on United States gold coins is satiny in texture. Satiny luster tends to be less attractive than frosty luster but it can be very appealing. I would describe it to the new collector as having asoft look and it is often seen on branch mint coins from the 19th century and on San Francisco issues from the 20th century.
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The Latest commemorative un gold coins News
PCGS Expands World Coin Program in China
Tue, 11 Nov 2008 12:12:59 +0000
For its first-ever participation at the annual Beijing International Stamp & Coin Exposition, Professional Coin Grading Service (PCGS) produced special insert labels written in Chinese for encapsulated coins distributed as souvenirs. As part of the company’s expanding international programs, Mandarin dialect marketing materials describing coin authentication and grading were produced for the first time ...]
Van Buren Dollar Not Part of Direct Ship
The Martin Van Buren Presidential Dollars are available at banks nationwide. Designed by AIP Master Designer Joel Iskowitz, the Van Buren Dollar is the 8th Presidential Dollar in the...
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