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Monday, January 19, 2009

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If you buy gold coins on Ebay using Pay Pal, your item may be insured meaning you get your money back if it never ships or is a fake. You can learn more about Pay Pal's insurance here. This helps with peace of mind and I would make sure your auction is covered. Another way to get insurance and guarantee peace of mind: Ask the seller to prove the authenticity of their gold. Maybe they can provide you of a receipt from when they bought the gold. In general, it's good to keep receipts and keep track of your purchases so you can prove their authenticity.
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The International Bank Note Society was formed in 1961 and was one of the first clubs for collectors of paper money (along with the SPMC - Society of Paper Money Collectors formed the same year). The IBNS focuses on collectors of world paper money while the SPMC targets mainly collectors of U.S. notes.
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Tell everyone you know that you are a paper money collector, many people will give you specimens they have collected on trips to foreign countries. Some people may have friends or relatives from other countries coming to visit who will bring you representative banknotes from their country in exchange for US dollars when they arrive. You'll never get anything if you don't ask, it's always worth asking.
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1980-D&S Lincoln Cent Debunked!

Mon, 29 Sep 2008 11:14:27 +0000
by Ken Potter - NLG
The 1980-D&S Lincoln cent variety has bit the dust! Referred to by some as a Dual Mint Mark and by others as an Over Mint Mark (OMM), it had been one of the most hotly debated varieties amongst specialists for over a decade. James Wiles, 20th Century Variety Coin Attributer ...]

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Paper Money & Coin Collecting Info

U.S. Silver Certificates were legal-tender issue notes authorized by the Acts of February 28, 1878, and August 4, 1886, and have been issued in all denominations up to $5,000. Many of the early "Large Size" issues featured beautiful, ornate engravings. The later "Small Size" notes resemble Federal Reserve Notes but bear blue seals, and feature the wording "Silver Certificate" on the face. Silver certificates were last issued in 1957.
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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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Most U.S. National Bank Notes are relatively inexpensive, although the range in value is quite large. The definition of "common" may also not be typical with National Bank Notes, as a note from a bank with only a couple of dozen notes known may be considered "common." This is because, while there only may be a limited number of notes known from a specific bank, more than 14,000 National Banks were chartered to issue these notes, and no single collector can reasonably hope to own them all. As such, most collectors specialize in a single state, city, or even bank. As a result, there may only be a small number of collectors interested in notes from a particular bank, so supply and demand is the overriding factor in value. A note from a bank with as few as five or six notes known may only be worth a small amount of money if only two or three interested collectors are in the market for such a note. The standard reference book to National Bank Notes, by Don C. Kelly, is a must for research on this series of notes.
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