The Best Information on world gold bullion coins
Brief Numismatists News
Bullion coins are an excellent investment option. You can go in for the American Eagle, Canadian Maple Leaf, Britannia or the Australian Nugget. The American Eagle Gold coins were minted first in 1986 and hold pride of place as the world's leading gold coin investment option. These gold coins are struck in 22 karat gold with the total weight as stamped on the reverse of the coin. Silver and copper are also used so as to protect the gold finish. Special dyes are used to strike these gold coins to ensure that minute details are visible. Such American Gold Eagles can be bought at dealers of precious metals and coins. You can buy them at the prevailing price of gold and a premium for distribution costs. Gold coins are universally recognized and can be easily sold. The South African Krugerrand was the first gold bullion coin that was marketed as an investment opportunity. The one-ounce Kruggerand gold bullion coin is extremely popular.
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As with most U.S. $1 Silver Certificates, most circulated $5 and $10 Silver Certificates only carry a small premium over face value, ranging from 10% to 30%. Uncirculated $5 and $10 Silver Certificates carry a larger premium, depending on the issue and the grade. There are several significantly scarcer and even rare varieties in these series, however, including the 1933 $10 Silver Certificate, the 1953-B $5 Silver Certificate Star Note, and others, and most Star notes from these series carry some premium (ranging from small to large) over the regular notes. Again, please refer to the Standard Guide to Small Size U.S. Paper Money (1928 to date), by Dean Oakes and John Schwartz, for more information.
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A general rule of wholesale coin pricing is that the more valuable the gold coin is, the smaller the profit margin needs to be, percentage-wise. If a coin will sell for $15,000, a dealer can make a nice profit if he buys the coin for $14,000, but he might have this coin in is inventory (and his investment in it tied up) for a long time before someone who can afford $15,000 a pop for coins comes along.
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New 1943-S Copper Penny Discovered!
Steven Contursi of Rare Coin Wholesalers has announced that he recently acquired an exciting coin - a previously unknown 1943-S Copper Penny! As most collectors know, the 1943 U.S....
Precious metals lose their shine - Financial Post
Fri, 15 Aug 2008 14:30:15 GMT
Precious metals lose their shine Financial Post, Canada - He said, however, that in the medium term, given expectations for a firmer dollar and lower oil prices, "the outlook for precious metals remains cloudy. ... |
4. The first foreign coinage produced by the Royal Canadian Mint was in what year?
CONTROVERSIAL 1853 UNITED STATES ASSAY OFFICE $20 COINS DECLARED TRANSFER DIE FORGERIES
Mon, 11 Aug 2008 11:59:52 +0000
Experts at SPPN meeting settle four decades of uncertainty
A panel of leading numismatists determined the questionable 1853 United States Assay Office of Gold $20 proof, prooflike, and similar coins to be forgeries produced from transfer dies. The panel’s discussion was the main program at the annual meeting of the Society of Private and Pioneer Numismatists ...]
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