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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.
Buy US paper money.

Try to invest regularly. Like the stock market, it's difficult to call the tops and bottoms in the coin market. Over the course of time, you will fare better by dollar cost averaging than investing a large amount at one time.
Buy gold coins.

Number One on my avoid list is the TV shopping show dealers and premium "Mints" out there that sell nice looking commemorative coins for premium prices, but that have no value beyond their bullion (if they have any) when you must eventually sell them. Some of these "Mints" sell on the TV and cable-based shopping channels, and the prices they charge when they do sell genuine U.S. Mint coins are nearly always several times higher than the price the coins would cost from a normal coin dealer! These shows rarely sell anything that can't be acquired elsewhere more cheaply, so don't impulse buy from these shows! Do a little research and you'll see the same Silver Eagles at $2 over spot price from major traditional coin dealers. Most of the Uncirculated Morgan Dollars I've seen TV shopping show dealers sell for $300 each can be purchased from a normal coin dealer for $30. Never buy coins from TV shopping shows!
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Perhaps the most fascinating field of Canadian Numismatics is paper money. The issues to be collected and studied extend from the card money of 1685 up to the present period, and include issues by a number of Colonies (Provinces) prior to Confederation, local governments, private, and chartered banks, business institutions, the Dominion of Canada and the Bank of Canada. Many collectors also include merchant notes or 'bons', education notes issued by Business Colleges, notes issued for political purposes and advertising "bills".
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Given that gold is denser than almost all other metals, whether something is made of gold is extremely hard to fake. Simple determination of weight and volume should be sufficent. A coin that is the right size but is not gold, or has too much base metal, will be "light"; alternately, a coin that weighs right will be somewhat larger. (Platinum is unknown in ancient times; platinum is denser than gold, but since it is about twice as expensive, making a fake coin out of platinum would make no sense. In theory, fake coins could be made of uranium, but this does not appear to be a practical problem.)
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New Dollar Coin Emails Misinform

Wed, 07 Mar 2007 18:08:00 +0000
There have been a couple of different versions of emails floating around the internet lately claiming that the National Motto "In God We Trust" has been omitted from the new dollar coins.



Here is...



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4. How many U.S. mints were in operation as coining facilities in 1930?

Paul Green's "evergreen" articles in Numismatic News

Mon, 15 Sep 2008 04:40:00 +0000
For the past few years, each time I visited my local newsstand on the corner I would reach for the latest issue of Numismatic News (NN). I would immediately look for any articles written by Paul...



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presidential gold coins Updates

Our Featured Gold Collectors Writer

Paper Money & Coin Collecting Info

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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In general, I collect pre-1965 90% silver U.S. coinage in very high grades, and I think they are excellent choices for the average person on a tight budget. I also believe that most types of U.S. Nickels are very undervalued right now, as well as later date (2002 through 2007) half dollars in the highest grades. The mintages for these recent half dollars are extremely low! In general, most Walking Liberty, Franklin, and silver Kennedy half dollars are undervalued according to many experts.
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Collecting paper money is an exciting hobby that is growing in popularity for many reasons. For one thing it's becoming increasingly easy to find interesting and attractive banknotes from around the world, with great visual, historical and cultural interest - often for only a few pence each. A banknote collection can be a fine investment. Many notes have been growing quite dramatically in value over the years, sometimes even over a few months. Besides this, the hobby is a great educator. It has something to teach everyone, about foreign culture, history, economics - and much more. As communication technologies brings the �global village' ever closer, it becomes ever more desirable to have a knowledge of foreign affairs and cultures. It's amazing how much knowledge of this kind you naturally absorb while enjoying this hobby. But collectors also love banknotes for their rich visual appeal. Every banknote collection is most definitely an art collection - and one of growing value.
Buy Susan B Anthony silver dollars as a hedge against inflation.

If the return on bonds, equities and real estate is not adequately compensating for risk and inflation then the demand for gold and other alternative investments such as commodities increases. An example of this is the period of Stagflation that occurred during the 1970s and which led to an economic bubble forming in precious metals.
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In November 2005, Rick Munarriz of Motley Fool.com posed the question of which represented a better investment: a share of Google or an ounce of gold. The specific comparison between these two very different investments seems to have captured the imagination of many in the investment commuity and is serving to crystalize the broader debate. At the time of writing, a share of Google's stock and an ounce of gold were both near $700. On January 4, 2008 23:58 New York Time, it was reported that an ounce of gold outpaced the share price of Google by 30.77%, with gold closing at $859.19 per ounce and a share of Google closing at $657 on U.S. market exchanges. On January 24th 2008, the gold price broke the $900 mark per ounce for the first time. The price of gold topped $1,000 an ounce for the first time ever on March 13, 2008 amid recession fears in the United States.
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More presidential gold coins Information

Heritage Posts $65+ Million In Sales At FUN and NYINC

Tue, 13 Jan 2009 16:01:04 +0000

Dallas, TX. The Official Auctions of the FUN 2009 Convention in Orlando have been posted by Heritage Auction Galleries on their HA.com website. Spread over seven separate FUN catalogs of U.S. coins and currency were 15,000-plus lots belonging to 600-plus consignors that Heritage offered at the January convention of Florida United Numismatists.

The FUN auctions realized $52 million in rare coins and $6 million in currency. A further $7 million in ancient and world coins (4,200 lots) sold at the New York International Numismatic Convention Signature® Auction. To date, more than 3,300 FUN bidders have been successful, more than one-third of the 9,000 FUN bidders participating.

At FUN, 89% of the coin lots sold, and overall 87% of the lots found new owners. All lots are currently posted at HA.com for post-auction research. The totals are expected to further increase as Post Auction Buys and non-floor sessions continue.

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Top Ten Rarest Liberty Head Quarter Eagles

Fri, 05 Sep 2008 13:28:54 +0000
By Doug Winter - www.RareGoldCoins.com
The response to the article that I wrote last month on the ten rarest Liberty Head eagles was so overwhelmingly positive that I’ve decided to extend this format to other denominations of Liberty Head gold. This month’s topic: quarter eagles.
The Liberty Head quarter eagle series was produced from 1840 through ...]

Meet Paul Hollis Mandeville's own rare coin expert - New Orleans Times-Picayune Blogs

Fri, 09 Jan 2009 17:52:00 GMT
He is the proprietor of Paul Hollis Rare Coins, an exclusive online dealership in Mandeville. He is also host of "Coin Shoppe" on the ShopNBC network. And, for our purposes here ...

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