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Saturday, November 29, 2008

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Paper Money & Coin Collecting Info

In 1955 U.S. Congress expanded the earlier law that stated that the motto "In God We Trust" could be placed on all U.S. coinage to one that required the motto to be placed on all coins and paper money. However, "In God We Trust" did not actually appear on U.S. paper money until after 1957. Since paper money is not dated yearly, but by series numbers that are based on changes in style and design, Series 1935G and 1935H Silver Certificates bear the motto because they were produced after 1957.
Buy mixed lots of silver dollars for a great investment.

Bullish investors may choose to leverage their position by borrowing money against their existing gold assets and then purchasing more gold on account with the loaned funds. In order to keep the cost of debt to a minimum, these individuals would normally seek a loan in the currency with the lowest borrowing rate, which, as of April 2006, was the Japanese yen. This technique is referred to as a "yen-gold carry trade". Leverage may increase investment gains but increases risk, as, if the gold price decreases, the investor may be subject to a margin call. Leverage is also an integral part of buying gold derivatives and unhedged gold mining company shares.
Buy gold coins collectibles in our store.

In general, I highly prefer giving bullion coins as gifts for two main reasons. First, bullion is cheaper. I'm usually on a very limited gift budget and expensive rare coins are just not an option for me. Second, unless you are giving a gift to a seasoned coin collector, the average person will not know or deeply appreciate the difference between bullion and numismatics. In introducing someone to the world of gold, bullion is great. Moreover, many bullion coins these days such as American Eagles and Canadian Maple leafs are truly beautiful coins. Get a mint brand new bullion coin and you will be giving away a valuable and beautiful gift.
Buy Chinese silver dollars

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.
Buy silver dollars for a great investment.

A set of high-magnification hand lenses is an invaluable tool for numismatists. However, magnification of 10� and up is only recommended for spotting signs of counterfeiting. Skip Fazzari offers these tips and more.
Buy US paper money.

More us paper money sets Info

Pay cuts won't fix sick auto industry, CAW says - Globe and Mail

Thu, 27 Nov 2008 22:39:00 GMT
You beat me to it... If the Unions won't do their part... There is NO WAY that Canadian taxpayers should be expected to... Any plans for a bail out SHOULD definitely be cancelled ...

BEP Launches Series 2004A $10 Note Subscription Program

Tue, 25 Nov 2008 18:07:15 +0000
Paper money collectors can enjoy peace of mind with guaranteed receipt of all 12 “We the People - Series 2004A $10 Collection” notes by joining the Bureau of Engraving and Printing’s (BEP) newly launched subscription program for $359.40.
In addition to the guarantee, collectors will save $60.60 off the cost of purchasing each of the ...]

Coins from The Bradford Exchange?

Wed, 30 Jan 2008 05:45:00 +0000
After having a good laugh from watching the recent George Bush coin video, I had to share another funny video on The Bradford Exchange even though it isn't directly about coins. I can justify placing...



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Why I Like peace 1922 silver dollars

Collectors Article Of The Day

Morgan Dollars and the Politics of Silver

By David W. Baker

Morgan Dollars, a series long favored by American coin collectors, were struck in great quantity from 1878 through 1904, then again in 1921. The coin has a colorful history.

During the 1850s, gold prospectors passing through Nevada on their way to California were distracted by flecks of gold in rivers fed by runoff from Sierra Nevada range in California. Rivers in Nevada generally dry up in summer, which interfered with the simple panning methods favored by these inexperienced and ill-equipped enthusiasts.

Even those who actually attempted to mine, rather than pan, Nevada gold became frustrated with the over abundance of a bluish ore that continually clogged their mining machinery. When the gold ran out, many cleared out and moved on, leaving piles of the blue stuff behind.

The blue stuff was silver, soon to be called the Comstock Lode, the richest silver strike in US history.

As gold miners became silver miners, massive production ensued. Plunging silver prices were next, accompanied by the plaintive cries of the silver lobby. Congress was sensitive to the silver interests, and their financial support, passing the Bland-Allison Act in 1878 as a palliative.

And what a sop it was!

Bland-Allison came to the rescue, requiring the mint to strike one silver dollar for every paper dollar printed. That meant lots of Morgan silver dollars, many more silver dollars than would ever be needed for circulation.

Year after year the dollars were struck. They piled up in Federal bank vaults, and in lead lined rooms at the mints. (I remember touring the old San Francisco mint where I saw the many silver dollar sized circular impressions in the walls of a vault where these large coins were stored, packed tightly in canvas sacks of 1,000 pieces each.)

By 1904 silver production had flagged, and silver dollar mintage ceased. What to do with all the unused, unneeded silver dollars? The Pittman Act of 1919 directed that more than 270 million of these coins be melted and recoined into smaller denominations. (It also directed the mint to purchase an equivalent amount of silver bullion for future silver dollars!)

Despite the mass melting of the Pittman Act, Morgan Dollars remain relatively large quantities in mint state. As such, they are one of the great values in American numismatics.

Morgan Dollars have an impressive history to be sure. They are equally impressive to look at. To get an idea of what I mean, go to my website for a closer look. Go to http://www.valuable-coin-stories.com/morgan-silver-dollars.html for some stunning pictures of these coins.

About The Author

Enjoy some of these stories at my web site: http://www.valuable-coin-stories.com

Gold & Silver Coin Bullion News

The universe of coins and currency is one of the greatest portals to history available to the intelligent collector. Money has always been one of the most important things in society: it represented a store of value, provided news and propaganda and was an integral part of everyday commerce. The ability to own and collect old coins and paper money allows the collector to truly hold history in his hands, to transport himself to another time and place, and to cherish his own museum quality items.
Buy US paper money.

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.
Buy gold coins.

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.
Buy silver dollars for a great investment.

peace 1922 silver dollars Galore

Mystery of the Lesher dollars

Sun, 23 Nov 2008 04:58:00 +0000
It's no secret that Victor and Cripple Creek produced millions in gold from mines dug on the back side of Pikes Peak.

Starting with Bob Womack's discovery in Poverty Gulch in 1890, the Cripple Creek...



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The Reality of Presidential Dollars at Banks

I just read an essay on the NumisMaster.com Web site that I wanted to share with you. A 20 year-old coin collector by the name of Jarrett Briscoe has...

The Long Case for Dutch Gold ResourcesSeeking Alpha, NY - 14 hours agoA
Participate in several gold trade shows per year. A
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Pursue our strategy of acquiring other ...Dubai 2007 G


Fri, 01 Feb 2008 23:18:18 +0100
The Market Oracle, UK -In 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 ...

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