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There is an interesting fractional currency which is much sought after by collectors. These are private banknotes from the 1800s. Before the US government created a national banknote there were some banks issuing their own money without government backing. However, it was not long before these banks were closed down and the banknotes were counterfeited and altered.
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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.
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In the Spotlight: The Arlington Collection 1854-S $20 Liberty Head Gold Double Eagle

Sun, 08 Apr 2007 18:47:00 +0000
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Click here to view The Arlington Collection of Type 1 Double Eagles
Click here to view The Arlington Collection of Shipwreck Gold

CERTIFICATION: NGC AU58

Description
This...



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National Parks Quarters Act Becomes Law

Mike Unser over at CoinNews.net is reporting that the America's Beautiful National Parks Coin Act has been signed into law today by President Bush. This is the series of...

One-of-a-kind rare coin returns to New Orleans

Sun, 23 Nov 2008 05:05:00 +0000
The airport is often about a clutching goodbye, but one day in September it was about a homecoming.

That was the day New Orleans coin collector and dealer Paul Hollis walked through Armstrong...



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U.S. Government Prints 477 Million Notes Worth $18.8 Billion in November

Mon, 29 Dec 2008 15:52:29 +0000
The U.S. government in November, and for the second consecutive month, printed fewer but higher valued banknotes, according to Bureau of Engraving and Printing (BEP) figures released Tuesday.
476,800,000 banknotes were produced last month valued at $18,841,600,000. In contrast, the BEP printed 608M Notes Worth $14.1B in October.
Compared to October, 51.2 ...]


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There is a good way to diversify in gold coin investing: by date. When you start getting into date and buying older coins, you get into the realm of numismatics. Once you have a solid bullion collection of coins, old and rare coins can definitely help your diversification cause. One great way to do this is to throw a few $20 gold Saint Gaudens double eagles in your portfolio, the most beautiful gold coin of all time. However, the topic of numismatics is a little beyond the scope of this article which is all about diversifying your bullion coin collection.
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If numismatists - those expert in coin collecting and valuation � agree on one thing, it's that coins should never be cleaned. Every coin dealer has horror stories about a non-collector who comes into his shop with a box of shiny old coins. Most of the time, the coins have no numismatic (collector) value at all; they are just old but common coins. But occasionally, a rare former beauty is found in the mix. It's a former beauty because whatever value it once had has been scraped off by an excited finder and a jar of silver polish. The coin, which might have been worth hundreds or thousands of dollars, is now all but worthless.
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The Gold American Eagle gold coins are made from government guaranteed gold. First introduced in 1986, U.S. Gold Eagles are the #1 gold bullion coin choice among investors across the world. After careful consideration, the United States mint decided to copy the design of the $20 Saint-Gaudens gold coin for the obverse of its new Gold Eagle. The $20 Saint-Gaudens was commissioned by Theodore Roosevelt to create coins of awe like the ancient Greek and Roman coins. The date, situated to the viewer's right of Miss Liberty, appears in Roman Numerals in the years from 1986-91 it has appeared in Arabic Numerals ever since.
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In 2007 the Canadian Mint produced a 100 kg gold coin with a face value of $1,000,000, though the gold content was worth over $2 million at the time. It measures 50 cm in diameter and is 3 cm thick. It was intended as a one-off to promote a new line of Canadian Gold Maple Leaf coins, but after several interested buyers came forward the mint announced it would manufacture them as ordered and sell them for between $2.5 million and $3 million. As of May 3 2007 there were five confirmed orders. Austria had previously produced a 37 cm diameter 31 kg gold coin with a face value of �100,000 ($153,000).
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If you are wondering where you can find old money, you probably won�t like my answer. It is really difficult to find old money. Of course, you might still be able to collect a Thomas Jefferson two dollar bill, but those antique coins and notes you are seeking won't be easily found, nor purchased. The easiest way to satisfy your desire to collect old money is through dealers, collectors, auctions and old money paper shows.
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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 ...]

Numismatic News and Blog Headlines - Dec 23, 2008

Tue, 23 Dec 2008 06:00:08 +0000
Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Here are today’s articles:

Edges Tell the Story for Authenticating
By F. Michael Fazzari, Numismatic News
I wish that I could take the credit for describing ...]

PERTH MINT TO RESUME TAKING BULLION COIN ORDERS

Thu, 11 Dec 2008 13:10:16 +0000
The Perth Mint has announced that it will resume taking orders for a popular range of gold and silver bullion coins from 12 January 2009.
The announcement follows an earlier Perth Mint communication advising clients that as a result of unprecedented worldwide demand, it had been forced to close its new order book for gold and ...]

Latest 2008 Products from the Royal Canadian Mint

Wed, 01 Oct 2008 20:48:40 +0000
Coin series including the Chinese Lunar Zodiac, Vignettes of Royalty, Playing Card Money and Crystal Snowflakes and new NHL© coin and gift products join the team
The Royal Canadian Mint today issued its latest release of collector coins and gift products for 2008—just in time for the holiday season. Examples from this impressive selection include: gold ...]


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