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The investment potential of banknotes has been evident over the years. Some items have seen a growth in value of 10,000% since the end of the last war! American Confederate States notes, for example, could then be bought for about 25c each in the USA. Now, they are hard to find for 100 times that amount. Even the indiscriminate collector can expect profit in the long-run, for most banknotes tend to rise in value. Scarcity and demand are the chief factors that govern market values, and banknotes are only produced in limited numbers, so when production of each note ceases, the existing examples can only become increasingly scarce and therefore increasingly valuable.
Buy silver dollars mixed lots for a great investment.
Typically, collectors will use an adequate reference book to find the note they want. Then, they look through the many price lists they might have to find a dealer who offers the same note in an acceptable condition for an acceptable price. Lots of dealers put parts of their price lists in Bank Note Reporter ads. The collector then either calls or faxes the dealer with a credit card number or send a check in the mail.
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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.
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The Latest buy silver dollars News
U.S. Mint releases latest Presidential Coin: Martin Van Buren (8th President)
Fri, 14 Nov 2008 17:14:00 +0000
Martin Van Buren, the nation's eighth president, is honored today with the issuance of a $1 coin bearing his image.
The Van Buren dollar is the fourth in the presidential series released this year...
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Ad Usam: A philosophical straight jacket
Tue, 06 Jan 2009 01:24:01 +0000
By Wayne Sayles - Ancient Coin Collecting
A friend and fellow collector of ancient coins sent me an interesting article this year along with the annual family news and holiday greetings. The title is “Everything viewed as ‘Ad usam,’ For use, as gift.” The piece was written by Ron Rolheiser, OMI and may be read in ...]
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