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Friday, October 10, 2008

Why I Like us silver dollars

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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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The most effective way to get paper money is not through general circulation, but through dealers, collectors, auctions, and shows. About once a week someone posts a message asking for people to trade/buy/sell paper money. Even with the large audience of rec.collecting.coins, you don't reach many collectors. But this is still one way many people get notes.
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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 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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An added benefit of your gold investment is it will hedge you against inflation, the savers worst nightmare. Inflation means the dollars you have saved for your down payment are worth less each day. As inflation rises, however, gold will appreciate in value to help counteract the lower value of your dollars. This is very similar to how oil stocks provide a hedge against higher gasoline prices. This is a more advanced investment topic and should not be your primary concern but is worth consideration. If you're only buying one coin, it's not going to provide a huge amount of insurance against inflation but it's nice to know you have some protection. Most importantly, it's a great feeling to know that luck is on your side. Buy a gold coin and you will start noticing good things happening in your life. Buy a gold coin and you will quickly save enough money for your mortgage down payment on the home of your dreams.
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us silver dollars Stories

Proof ’38 nickel with serif seen

Wed, 25 Jun 2008 11:04:54 +0000
A new variety of the proof 1938 Jefferson nickel has been announced by Michael S. Fey, Ironia, N.J.
The coin has a serif at the lower end of the “S” in TRUST as compared to no serif on the previously known examples.
Fey made the announcement after researching the coin first shown to him by an unidentified ...]

Infectuous News Coverage

Wed, 09 Jul 2008 11:50:38 +0000
From Wayne Sayles Blog Ancient Coin Collecting
Anyone who follows the media coverage of cultural property issues has hopefully been inoculated against IAB (infectuous archaeological bias). A prime example of how twisted the coverage can get is shared with us by Associated Press in a June 3o, 2008 article by Maamoun Youssef titled “Egypt retrieves ancient ...]


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