Friday, August 08, 2008

price of pre 1965 silver dollars Updates

Latest Numismatists Article

The Best Investment Gold Coins

By David W. Baker

Investment gold coins, gold coins pursued and purchased for investing purposes, are many and varied. They range from those struck this year as legal tender in obscure, out-of-the-way places to the pale gold amalgam (electrum) coins of the ancient Lydians.

But which are the best investment gold coins?

Are they the rarest gold coins? Are they the ones most in demand? Are these one and the same? How difficult are they to obtain?

With any investment, gold coin or otherwise, one would hope to have some level of liquidity. There should be enough of a market, that is, enough people with interest, knowledge, and the necessary funds to buy the coins when it comes time to sell them.

US gold coins struck prior to 1933 are highly collectible, and include many issues that have performed well over the years as investments. There are several important factors to which the demand for these pieces is attributed:

They are common enough to have been available to a relatively large group of people over many years.
They are scarce enough to experience disproportionate price increases when the price of gold has gone up. Prices for rare US gold coins, plotted over the last half century, describe an ascending sine wave of overall increase.
US gold coins are historic, tracing their origin to the earliest years of the United States Mint. They are artifacts of American growth and US financial history.
Of course, these coins are beautiful to own and possess. They have the divine heaviness cited by Goldfinger in the long ago movie of the same name.

But here a word of caution should intrude. Investing in traditional US gold coins is not day trading. Numismatic investment in general is best accomplished using a Buy and Hold strategy. The coin market does not proceed upward without interruption, as anyone who held coins through the 1980s will attest. In time however, even the most ill-timed of US gold coin investments has worked out well for one with patience, moving from losing proposition to a worthy capital conservation tactic and ultimately to the fruits of what, in hindsight, was a brilliant decision!

For more US gold coin information, and some noteworthy coin photography in support of this subject, consider a visit to relevant pages of my web site. Start with http://www.valuable-coin-stories.com/us-gold-coin.html and proceed from there.

About The Author

I've collected coins since age 11 -- so, more than half a century. Coins have been a pleasant distraction over the years. Though I've never been a coin dealer, I have occasionally sold a coin or two at a nice profit, when the market was right. These experiences have taught me a bit about coin value in the marketplace. But I have to say that my greatest pleasure with coins has been the hooks they have to history and other areas of learning. And, I can never quite get beyond the feeling that, if any of my coins could talk, the stories would be priceless! You may test this proposition at my web site, http://www.valuable-coin-stories.com

Snippets Of Numismatists News

After the Japanese attacked Pearl Harbor in 1941, the U.S. Government issued specially marked notes for circulation only in Hawaii as an economic defense measure in case of an invasion. After August 15, 1942, it was illegal to hold any other currency on the islands without a special license. If the feared invasion did occur, the government could easily declare the specially marked money valueless.
Buy silver dollars for a great investment.

Throughout time, from the Greek and Roman ages to more modern times, civilizations flourished with sound money. The gold coin has proved to be the time-tested answer for societies desiring economic prosperity. The alternative, fiat currency, has resulted in the demise of prosperous civilizations since Roman times. The word "fiat" means by government edict. It is simply impossible for a government to magically proclaim sound money and reliable purchasing power of wealth with paper currency. This fact prompts Americans to consider investing in gold coins.
Buy gold dollar coins in our store.

$500, $1,000, $5,000, and $10,000 U.S. Federal Reserve Notes. Most $500 and $1,000 bills are quite common, and are typically worth only a small premium over face value. Circulated 1934 series notes are usually worth from $500 to $800 for the $500s and from $1,000 to $1,400 for the $1,000s, depending on condition. The 1928 series usually carries an extra 10% to 20% premium. Uncirculated $500 and $1,000 bills are quite desirable, although they are usually worth no more than twice face value. All Star Note high denomination bills are very rare, and $5,000 and $10,000 bills are worth much more than face value unless they are damaged, and we would suggest consultation with one of our currency experts if you possess one of these notes.
You can buy Morgan silver dollars in our Silver Dollars Galore store.

Why clean your car's metal to keep it looking good and well preserved and not your gold or silver coins? The difference is that non-gold coins begin to tone as soon as they are minted. That is, the metal on the surface interacts with oxygen in the air, resulting in a thin layer of discolored metal. In the case of silver coins, this toning can actually add value to the coin, as some coins tone with blue, red, or even rainbow colors that collectors find desirable. Copper coins tone as well, to differing shades of red or brown, and while they are not usually as pretty as toned silver coins, they acquire an aged and natural look that collectors expect. A nicely toned coin not only looks good (in the eyes of collectors), but the tone itself can act as a preservative, keeping the rest of the coin from undergoing a reaction to the air. Coins with a good tone should never be cleaned or polished.
Buy Eisenhower silver dollars for a great investment.

price of pre 1965 silver dollars News

2. Who designed the reverse of the English coins that show St. George and the dragon?

A Story of Two Coins - Part 1

Mon, 09 Jun 2008 00:02:15 +0000
by Cole Schenewerk from the California Numismatist Magazine
Every coin tells a story. Coins can tell stories of love, greed, hate, and many other things. Anyone who collects coins can do a little research and bring these stories to light. Ancient coins tell especially amazing stories. The paragraphs below tell of two coins that I earned ...]

3. The initials MPC stand for what type of U.S. paper money

Special Instructions for Submitting Platinum 10th Anniversary Eagles to NGC

Mon, 10 Dec 2007 12:39:57 +0000
In celebration of the 10th Anniversary of the Platinum American Eagle Bullion Program, the US Mint is issuing a special commemorative set. The Mint will be selling a limited edition two-coin platinum set. This set includes a proof 2007 W $50 Platinum American Eagle and, for the first time in the history of the program, ...]


carson silver dollars uncirculated

Socializer onlywire socialize it Add to Any AddThis Social Bookmark Button

0 Comments:

Post a Comment

<< Home