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England: Sovereign gold coins. The history of the first British Sovereigns stretches back to the beginning of England's Tudor era.
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In 1775 American colonists issued paper currency for the Continental Congress to finance the Revolutionary War. The notes were backed by the "anticipation" of tax revenues. Without solid backing and easily counterfeited, the notes quickly became devalued, giving rise to the phrase "not worth a Continental."
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A general rule of wholesale coin pricing is that the more valuable the gold coin is, the smaller the profit margin needs to be, percentage-wise. If a coin will sell for $15,000, a dealer can make a nice profit if he buys the coin for $14,000, but he might have this coin in is inventory (and his investment in it tied up) for a long time before someone who can afford $15,000 a pop for coins comes along.
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The first rule is � no matter the coin � never use harsh abrasives like silver polish. Abrasives scrape the top layer off of whatever they are polishing, and in the case of a coin, that top layer contains all of its detail and hence its numismatic value. Polishing in this way will leave the surface of the coin covered with tiny pits and scratches, not exactly conducive to preserving the coin's value. If you clean the coin using an abrasive, you'll get a shiny coin, but it will not be a coin that collectors are interested in. To see for yourself, try it on a penny, especially one from before 1982 (when they were 95% copper). The coin will be shiny and clean, but if you compare it to a similar coin, you will see that it also looks unnatural. Shiny, yes, but it will not look like it looked naturally when it was minted. Collectors eschew coins that don't look natural.
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In 1861, on the brink of bankruptcy and pressed to finance the Civil War, U.S. Congress authorized the United States Treasury to issue paper money for the first time in the form of non-interest bearing Treasury Notes called Demand Notes.
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Coin Trivia for 29 Jul 2008

1. What two languages appear on the Fugio cent?

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 +0100
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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A Brief Introduction to American Eagle Silver Dollars

By Blake Hygate

One of the most popular and beloved silver coins throughout the world today is the American Eagle silver dollars. Containing 99.999% pure silver the American Eagle is created by the U.S Mint and backed by the United States Government. It's the only silver bullion dollar that is guaranteed by the U.S Government and can also be used as currency. American Eagle Silver dollars contain 1 troy ounce of silver Released in 1986 by the United States Mint, American Eagle Silver dollars are one of the cheapest and easiest ways to own government backed silver

American Eagle Silver dollars were designer based on the popular Walking Liberty coin of the early 1900's. This lovely coins is created at 3 different U.S Mint facilities, one in Philadelphia, one in San Francisco and the last in West Point, New York.

Generally speaking an American Eagle Silver dollar is worth the current price of silver plus a premium depending on the coin. Most American Eagles are not expensive except for a few different variations including the 1995W, of which just over 30,000 were produced. It may fetch as much as a few thousand dollars depending on the venue that it's sold at. Among the years with the highest number of coins produced are coins produced in 1987, 2002 and 2006, which saw around 10 million produced each of these years.

For any novice of experienced collector, the American Eagle makes a great addition to any collection. With silver prices on the rise, many agree that silver coins make a great long term investment and currently are still quite affordable.

About The Author

Blake Hygate is the owner of http://silverdollarcoinstore.com which lists American Eagle Silver Dollars for sale along with other silver dollar coins from around the globe.

More Gold & Silver Coins Information

South Africa minted its first gold coin called the Krugerrand in 1967. This coin has no face value but merely stands as a symbol. It is made of 1 ounce of gold and can be purchased for investment purposes. Since then other countries also minted bullion coins. Canada made the Gold Maple Leaf in 1979 and Australia made the Nugget in 1981. These two are much more popular than the South African coin because of its 24 carat purity.
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The really expensive collectors paper money (1,000 to 50,000 US dollars) is usually sold at large auction houses such as Spinks (the coin and currency arm of Christies), Stacks and some paper money specific houses (Currency Auctions of America and Lyn Knight Auctions). They also handle lots in the 300 US dollar range and above.
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Whatever method you try to clean a coin, it's best to test it on a non-valuable coin of similar metal first. That way if a certain method does have bad effects, you'll find out before you ruin a valuable coin. I discovered this much to my chagrin when cleaning a batch of 1943 steel pennies in an acid solution. I'll never know if it would have worked, because I had the pennies in a galvanized steel container and the acid, combined with the galvanization, fused the pennies into one worthless chunk.
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Gold coins have had a very long period as a primary form of money, only falling into disuse in the early 20th century. Most of the world stopped making gold coins as currency by 1933. However, gold-coloured coins (not made of real gold) have made a comeback in many currencies. Furthermore, many countries continue to make legal tender gold coins, but these are primarily meant for collectors and investment purposes and are not meant for circulation.
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Screw the '60s: It was a Mad Men's world - CBC News

Fri, 08 Aug 2008 00:59:00 GMT
The great thing about the British TV show Doctor Who has always been its gleeful disrespect for the space-time continuum. Actor David Tennant in particular would tug the concept's ...

NGC-Graded Coin Brings $5M

Fri, 05 Oct 2007 21:20:02 +0000
Highest Price in History for Certified Gold Coin
An 1804 $10 Gold piece recently sold for $5M, the highest price ever paid for a certified gold coin. The coin was graded by Numismatic Guaranty Corporation, and is the finest known of certified examples. Another famous example of this coin is part of the King of Siam ...]

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