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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.
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South Africa: Krugerrand gold coin. The very first gold bullion coins produced in sizes of exactly one ounce.
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According to the World Gold Council, annual mine production of gold over the last few years has been close to 2,500 tonnes. About 3,000 tonnes goes into jewelry or industrial/dental production, and around 500 tonnes goes to retail investors and exchange traded gold funds. This translates to an annual demand for gold to be 1000 tonnes in excess over mine production which has come from central bank sales and other disposal.
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The U.S. star or replacement note displays a star as a suffix on Federal Reserve notes. A star is used to replace defective notes found during the inspection process at the Bureau of Engraving and Printing. Since the highest number that can be printed by an eight-digit numbering cylinder is 99,999,999, a star has been used to denote the 100,000,000th note off the press. Historically, star notes hold a value slightly higher than the legal-tender value, with the amount dependent on condition and denomination
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One of the reasons there is such a disparity between what the average consumer expects, and what the coin dealer actually delivers when it comes to buying coins from the public is that coin dealers see vast amounts of common "junk." By "junk" I mean common date wheat pennies, circulated Buffalo Nickels and Mercury Dimes, worn Washington Quarters and circulated Franklin and Kennedy Halves. Coin dealers are offered so much of this type of material that many of them get tired of seeing it. They give such material the cursory once-over and offer low-ball prices for it based on long experience. Usually people have already pulled out the more valuable coins, leaving the "junk," (or at least the the dealer must assume so.)
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2003 proof gold coins News From Around The World

Odyssey Marine Exploration Asserts Position in $500 Million Shipwreck Treasure from Black Swan Site

Thu, 20 Nov 2008 04:24:00 +0000
TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (Nasdaq:OMEX - News), the world leader in the field of deep-ocean shipwreck exploration, yesterday filed its Response to Spain’s Motion...



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‘Exceptional’ Roman coins hoard

Thu, 30 Oct 2008 15:34:44 +0000
One of the largest deposits of Roman coins ever recorded in Wales, has been declared treasure trove.
Nearly 6,000 copper alloy coins were found buried in two pots in a field at Sully, Vale of Glamorgan by a local metal detector enthusiast in April.
After the ruling by the Cardiff coroner, a reward is likely to be ...]

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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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Confederate Currency. All genuine Confederate currency has some collector value, although most of the 1864 issue notes are very common (an exception being the $500 note, which is common but popular and is worth from $200 to $400 depending on condition). Earlier issues range from common to rare. All issues from 1861 in Montgomery are very valuable, and we suggest consultation with one of our currency experts if you have such a note. Replicas of Confederate currency are quite common, and are often printed on crisp, brown paper that appears antique. Genuine notes are hand-signed and numbered, and the replicas appear to be hand-signed and numbered as well, although close inspection will easily determine that the signatures on replicas are printed in the same ink as on the rest of the bill. Contemporary counterfeits made to circulate at the time of issue have collector value ranging from $10 to $100 or more depending on condition and the specific circumstances of issue.
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Remember, collectors may want old coins, but they expect those coins to look old. The toning and discoloration on most coins adds to their value. Not cleaning filthy coins may detract a little from their value, but poorly cleaning them can result in a permanent loss of most of it.
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War, invasion, looting, crisis and gold. In times of national crisis, people fear that their assets may be seized and that the currency may become worthless. They see gold as a solid asset which will always buy food or transportation. Thus in times of great uncertainty, particularly when war is feared, the demand for gold rises.
The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. GATA underwrote the federal anti-trust lawsuit of its consultant, Reginald H. Howe -- Howe vs. Bank for International Settlements et al. -- which was pursued in U.S. District Court in Boston from 2000 to 2002. While the Howe suit was dismissed on a jurisdictional technicality, it became the model for Blanchard Coin and Bullion's anti-trust lawsuit against Barrick Gold and J.P. Morgan Chase & Co., which was filed in U.S. District Court in New Orleans in 2002 and prompted Barrick Gold's decision to stop selling gold in advance for 10 years.
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3. What two Federal Reserve Bank cities border the Great Lakes?

Bank of Valletta Buys Rare Malta Coins

Tue, 14 Oct 2008 13:33:05 +0000
Bank of Valletta has purchased rare coins of the Knights of the Order of St John which were on sale at an auction in London.
The coins are an outstanding example of fine 16th, 17th and 18th century coins that will enhance the local numismatic collection, the bank said. The coins will initially be on display ...]

Newly Discovered 1831 Quarter Eagle Struck on a Dime Planchet

Sun, 17 Aug 2008 23:52:22 +0000
In the earliest years of the Mint, dime and quarter eagle reverse dies were used on each denomination–apparently a conscious decision. The planchet sizes were close, 19 mm for the dimes and 20 mm for the quarter eagles.
The diameter of each denomination was later reduced when new machinery was introduced. The dime’s diameter was reduced ...]


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