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Saturday, December 27, 2008

morgan silver dollars Updates

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A lot of people retain gold today as an investment because they speculate that the demand will cause its market value to increase. Others hold it as a form of insurance should the financial situation become worse. There was a point in time when the more paper money that was made, the higher the price of gold which maintained gold and cash as equal value. After this standard ended in 1971, this enabled government to produce more paper currency without increasing the price of gold.
Buy us paper money errors.

Buy the scarcest coin in the best condition that you can afford. Many collectible gold coins sell near the melt price of gold because there are more than enough around to cover demand. When gold increases or decreases in value, these coins will follow. But the higher the grade, the lower the population and demand will push up the price rather than just following the price of gold.
Buy gold coins.

As an aside, it is interesting how poorly high denomination U.S. notes have performed as an investment. Anyone would have fared much, much better by depositing the $500 or $1,000 in even a low-interest savings account in the 1940's or 1950's when these circulated, as the return would have been much higher than on a $500 or $1,000 bill. In fact, the return on $5,000 and $10,000 bills is very poor compared to other investments-yes, even the stock market, where despite the bear market of the last couple of years, $5,000 or $10,000 invested in stocks when these notes were printed would be worth many multiples of what these notes are now worth. The moral is, of course, that if you are "hanging on" to high denomination notes in the hopes that they are a good investment and will be worth much more one day, history is not encouraging.
Buy get Morgan silver dollars for a great investment.

More morgan silver dollars Info

Abraham Lincoln Commemorative Silver Dollar Coin Designs Unveiled on 145th Anniversary of the Gettysburg Address

Sun, 23 Nov 2008 05:11:00 +0000
GETTYSBURG, Pa. - United States Mint Deputy Director Andrew Brunhart today unveiled designs for the 2009 Abraham Lincoln Commemorative Silver Dollar during the annual Dedication Day Ceremony at...



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2008-W American Eagle Gold Proof Four-Coin Set Sold Out

Fri, 19 Dec 2008 18:18:44 +0000
Choosing which 2008 American Eagle Gold Proof coin to buy is becoming easier every day. The US Mint’s one ounce option sold out late this week, and the four-coin set just joined it.
While the Mint recently slashed gold and platinum coins — more than 20 — from its 2009 numismatic portfolio, all American Eagle ...]

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