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Monday, December 15, 2008

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Paper Money & Coin Collecting Info

After adoption of the Constitution in 1789, U.S. Congress chartered the First Bank of the United States untill 1811 and authorized it to issue paper bank notes to eliminate confusion and simplify trade. The bank served as the U.S. Treasury's fiscal agent, thus performing the first central bank functions.
Buy American eagle silver dollars for a great investment.

In general, I collect pre-1965 90% silver U.S. coinage in very high grades, and I think they are excellent choices for the average person on a tight budget. I also believe that most types of U.S. Nickels are very undervalued right now, as well as later date (2002 through 2007) half dollars in the highest grades. The mintages for these recent half dollars are extremely low! In general, most Walking Liberty, Franklin, and silver Kennedy half dollars are undervalued according to many experts.
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United States: American Eagle gold coin. These coins resist the scratching and damage which can diminish resale value, because it is minted in 91.67 fine gold, which produces harder coins.
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Coin collecting today is still a hobby that many people enjoy. One of the most precious and most expensive collections that anyone can ever have are those of gold coins. The most expensive gold coin ever bought was worth around eight million dollars. This was the American 1933 Gold Eagle. This is why the collecting of gold coins deserves to be called the hobby of kings.
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First Look: 'Terminator Salvation' - Los Angeles Times Blogs

Wed, 10 Dec 2008 21:33:00 GMT
Here's a first-look image from one of the most promising films of 2009, " Terminator Salvation ." Yes, that's right, I absolutely think the film has the chance to be great, an ...

First there was the $1 Loonie, then the $2 Toonie, now Canada has the $5 Woodie

Tue, 17 Jun 2008 02:44:00 +0000
I knew about the $1 Loonie and $2 Toonie, but I somehow missed the release of the $5 Woodie.

If you missed it too, especially those of you collecting Canadian coins, check out this short video...



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1980-D&S Lincoln Cent Debunked!

Mon, 29 Sep 2008 11:14:27 +0000
by Ken Potter - NLG
The 1980-D&S Lincoln cent variety has bit the dust! Referred to by some as a Dual Mint Mark and by others as an Over Mint Mark (OMM), it had been one of the most hotly debated varieties amongst specialists for over a decade. James Wiles, 20th Century Variety Coin Attributer ...]

Gold Investments Market UpdateGold Seek - Jan 29, 2008In Dubai, the gold trade increased 29% to $19.03bn in 2007. A total of 559 tonnes of gold was imported into Dubai in 2007, up by 14% from 489 tonnes in 2006 ...Gold Investments Market UpdateFX

Fri, 01 Feb 2008 23:18:18 GMT
Times Online, UK -In Zaveri Bazaar, the chaotic, glistening hub of Bombay's gold trade, vendors complained that recent record stock market falls had made customers wary. ...

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Gold & Silver Coin Bullion News

How does the silver coin's edge look? If the coin edge should be reeded, and isn't (or vice versa) this is a giant red flag, since mint errors of this type are very rare. Also, if the coin has a seam around the edge, a bit of a protrusion on the edge that could be a casting sprue, or file marks indicating a sprue or seam was removed, don't buy the coin!
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Gold prices have seen an upward trend in the past 3 years. Though the earlier decades saw a relatively poor performance by the precious metal, gold prices are likely to rise steadily over the longer term. This investment opportunity is showing an upswing again. With uncertainty in the stock market and decline in the US dollar, investors are taking a fresh look at gold as an investment option. Gold works as a perfect hedge against investment in other assets. In fact, when other investments take a beating, gold investment tends to stabilize. As a long term investor, holding on to gold investment is a good tip.
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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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Cleaning Coins Which Have PVC Residue

PVC damage on coins is caused by the breakdown of the polyvinyl chloride (PVC) that is found in inexpensive plastic coin packaging. The most common source of PVC damage...

PCGS US Coins Price Guide

Fri, 11 Jan 2008 20:39:00 +0000
The retail prices listed in the PCGS Price Guide are for PCGS graded coins only.
Coins graded by other grading services, or not certified by any grading service, may sell for different prices. The prices are compiled from various sources including dealer ads in trade papers, dealer fixed price lists, significant auctions, and activity at major ...]

http://feeds.feedburner.com/~r/coincollecting_journal/~3/454666186/awhile-back-i-wrote-article-about-us.html

Sat, 07 Jun 2008 03:58:00 +0000
Awhile back I wrote an article about a US Mint press release that stated how the public had accepted the new "Golden dollar." One of the quotes from that press release stated:
"Especially gratifying...



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Ruling by Decree: How Will President Obama Use his Authority to ... - Sovereign Society

Mon, 15 Dec 2008 21:03:36 GMT

Ruling by Decree: How Will President Obama Use his Authority to ...
Sovereign Society, FL - 3 hours ago
Also keep some "junk silver" and small denomination coins on hand. Establish reserves of necessities, especially food and water. ...



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1878 silver dollars Updates

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At one time, it was speculated that the notes signed by Treasurer Joseph W. Barr would eventually hold a high numismatic value since he was in office for only 23 days in 1968-69. However, during that period, a total of 484 million notes were produced with his signature. The high quantity produced dictates that the notes will never be considered rare in our lifetime. Interestingly, in 1995, numismatic author Alan Herbert stated, "A $1 Barr note deposited in an interest-bearing account in 1969 would have been worth over $4.00, figuring 6% interest compounded annually. A circulated Barr note kept in a safe-deposit box for 26 years is worth $1 today
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Six Gold and Platinum U.S. Mint Coins have Sold Out within Four Days

Tue, 09 Dec 2008 18:16:02 +0000

2008 American Eagle and Buffalo Bullion CoinsThe pace at which gold and platinum collector coins have disappeared from U.S. Mint store shelves is blistering. The final two uncirculated gold Buffalo coins sold out over the weekend, the last proof Buffalo went Monday afternoon, and the proof American Eagle platinum one ounce, one-half ounce and one-quarter ounce options sold out this morning.


Further, the Eagle platinum proof one-tenth ounce and four-coin set may be joining the "sold out" ranks since their shipping dates have been delayed. In past weeks, that has been a strong indicator of a quickly depleting inventory. It appears the proof and uncirculated American Eagle gold coins will soon be the sole remaining collector options available.


With all these latest sell outs, it is worth remembering the collector gold and platinum coins the U.S. Mint announced it will no longer produce in 2009:

Read the rest of this numismatic news article »



United States Mint to Discontinue 350 Items in Its Numismatic Product Portfolio

Tue, 11 Nov 2008 13:24:01 +0000
The US Mint issued a Press release on Monday that announced the following:
“The United States Mint is conducting a comprehensive, top-to-bottom review of its numismatic product portfolio to focus next year on those products collectors most appreciate and order most often.
“We are responding to the collector community which has spoken loudly and clearly,” said United ...]

Register for Seminars and Workshops at Portland National Money Show

Fri, 12 Dec 2008 22:58:44 +0000
The American Numismatic Association’s School of Numismatics is offering workshops and pre-convention seminars in conjunction with the 2009 National Money Show™, March 13-15 in Portland. Attendees are encouraged to take advantage of the wide range of educational offerings.
Technical Series (Member price: $249 through Feb. 10, $269 after; pre-registration required.)
Coin Conservation, Authentication and Grading, ...]


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