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Friday, August 08, 2008

Why I Like morgan silver dollars

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Among my top five worst coin investments are modified coins, such as genuine U.S. Mint products that have been altered by adding holographics or coloring. These coins are generally considered "damaged" by serious coin collectors, and you will only get the bullion value when you go to sell them, if that. I have heard of dealers discounting them because of the added impurities that the paint and other crap applied to the coins adds to the metal.
According to many experts, the best type of investment coins are rarer, key date coins issued by the United States, in the best grade you can afford to buy them in. If you can't afford to shell out $2,000 a coin to buy key dates in high grades, then buy common coins in the finest grades you can. Lower grade, common coins have historically not appreciated as much in value as key date coins do, so they are probably not a good investment choice (although they're great for filling up the holes in albums, especially with kids helping out!)
Buy Krugerrand gold coins.

The best type of pick box for finding honest to goodness bargains is the flat-rate so-called "junk box." These are boxes into which the dealer has thrown coins that he has determined are not worth his time to catalog and price individually. Sometimes coins get thrown in there just because they're low grade. Other times, the coins might be high grade but just really common. Some dealers even throw in their "attribution challenges!" This latter type of pick box is, by far, the most profitable and most interesting for the cherrypicker! In reality though, most pick boxes contain a mixture of two or more categories of these types of coins. (Attribution challenges are coins that the dealer can't find in his coin catalogs. These are most often seen in World coins, but I've even found genuine U.S. Pre-Federal Colonial Copper coins in junk boxes marked "Misc. Tokens - $2 Each.")
Buy gold coins.



Some morgan silver dollars Stories

2008 Annual Uncirculated Dollar Coin Set Announced

Tue, 05 Aug 2008 20:38:15 +0000
2008 Annual Uncirculated Dollar Coin Sets will be available for purchase on Thursday, August 7 at 12:00 noon ET.
The United States Mint today announced that each set is priced at $37.95, and will include this year’s four Presidential $1 Coins minted in Philadelphia with the "P" mint mark.

James Monroe $1 coin,
John Quincy ...]

Luster on US Gold Coins

Fri, 13 Jun 2008 12:25:36 +0000
By Doug Winter - www.RareGoldCoins.com
Gold coins basically come with three types of luster: satiny, frosty and prooflike. In this blog, I’m going to discuss these three “looks” and the pros/cons of each. I’ll also add an illustration of each look. And away we go…
Frosty Luster
The most common luster seen on United States gold coins, especially ...]

The Long Case for Dutch Gold ResourcesSeeking Alpha, NY - 14 hours agoA
Participate in several gold trade shows per year. A
Apply to list our shares on the American Stock Exchange. A
Pursue our strategy of acquiring other ...Dubai 2007 G


Fri, 01 Feb 2008 23:18:18 +0100
The Market Oracle, UK -In Dubai, the gold trade increased 29% to $19.03bn in 2007. A total of 559 tonnes of gold was imported into Dubai in 2007, up by 14% from 489 tonnes in 2006 ...

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"Like a gold coin on a dunghill"

Sun, 15 Jun 2008 17:47:00 +0000

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Why I Like purchase gold coins

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The famous American Buffalo gold coin now has the first 24-Karat solid gold bullion coin from the United States Mint. With gold prices consistently increasing over the last 5 years, gold is certainly a brilliant investment. Now it shines even brighter. With the introduction of the new American Buffalo 24-karat gold coin, investors now have access to gold bullion coins that each contain one troy ounce of the purest gold available in any bullion coin on the market. These incredible coins manufactured at West Point by the U.S. Mint can be purchased here at GoldCoinsGain.com
Buy gold coins.

When you are planning to invest in gold, it would be wise to consult an investment consultant. He can help you match your investment goals with the right type of gold purchase. An investment firm can aid in making the right choice of gold investment products so as to hedge your portfolio. Gold bullion coins work well for those who want to capitalize on price movements of the precious metal. It is prudent to buy gold when its prices are low. But sometimes getting the right price may not be that easy. The same holds good for selling too. A buyer should not look at merely the price of the gold investment but its percentage over the gold price or the premium.
Buy gold coins.

Gold coins are one of the oldest forms of money. The first gold coins in history were coined by the Lydian king Croesus in about 560 BC, not long after the first silver coins were minted by king Pheidon of Argos in about 700 BC. Another ancient one is chinese 6th or 5th BC Ying Yuan
You can buy gold coins in our store.

A final area of coin investing to consider are the bullion coins, especially coins that are traded at close to spot price (as opposed to Proof Silver Eagles and other premium U.S. Mint offerings.) With the growth of China and India and the likelihood that they will become "superpowers" within the next generation, all precious metals are expected to rise over the long term. Copper, in particular, is expected to boom compared to current prices.
Buy world gold coins.

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.
You will find gold coins for sale in our store.

purchase gold coins Stories

Numismatic Photography book cover

PNG President’s Reaction to New U.S. Gold Coin

Thu, 31 Jul 2008 14:41:03 +0000
(Baltimore, Maryland) — The brief comments below are in conjunction with the unveiling of a new U.S. gold coin, the 2009 Ultra High Relief Double Eagle, by United States Mint Director, Ed Moy, at the American Numismatic Association World’s Fair of Money® in the Baltimore Convention Center on July 30, 2008.
“This is one of the ...]

Treasure hunters’ delight at the discovery of Roman coins bounty

Wed, 30 Jul 2008 20:35:43 +0000
THREE treasure hunters have unearthed 62 Roman coins which date back 1,700 years.
Adam Staples, Lisa Grace and her 14-year-old son, Tom Grace –- out with his metal detector for the first time – made the discovery on land near Stanton-by-Bridge.
The trio, from Derby, were scouring the soil when their equipment began to beep.
Mr Staples scooped ...]

$500 Million in Colonial-Era Shipwreck Treasure Gold and Silver Coins

Fri, 18 May 2007 19:32:00 +0000

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More information on silver and gold bullion coins

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American Eagle Silver Dollar Coins - The Reasoning Behind the Rationing

By Christina Goldman

American Eagle silver dollars collectors are angry. And with good reason. In March, the U.S. Mint suddenly stopped taking orders for the silver bullion coins. And in late May, it imposed purchasing limits on its 13 world-wide authorized buyers.

The U.S. Mint has limited silver purchases before, in the late 1990's. Investors loaded up on the precious metal, fearing that the economy would be crippled by the computers' inability to adjust to the new millennium. The U.S. Mint has explained the rationing as a necessary decision, due to the unprecedented demand for the American Silver Eagles.

In 2008, The U.S. Mint sold 6.8 million American Eagle Silver Coins. That is twice the amount that was sold in 2007. In March alone, sales of the Silver Eagles surged to 1.85 million, nine times the amount sold in February! Clearly, the U.S. Mint has misjudged the strength of the silver bull market and the demand for the American Eagle Silver Dollar coins.

But what has caused this unprecedented demand for these silver bullion coins? Here are a few possible reasons:

The price of silver is soaring. On January 3rd, 2000, the first trading day of the new millennium, the spot price of silver traded at $5.41. Recently, the spot price of silver has traded as high as $20 an ounce, a 386 percent return on investment!
Traditionally, more silver is mined each year than gold. Therefore, silver is much cheaper and more affordable for individual collectors to purchase than gold.
The American Eagle Silver coin is the only American silver coin that can be invested in an IRA. Thus, buying Silver Eagles are an easy way for a small investor to participate in the silver bull market.

But, is this increased demand the only reason for the rationing of these Silver Eagle Coins?

Rumor has it that the U.S. Mint has run out of the planchets used to create the coins. A planchet, or blank as they are sometimes referred to, is a round metal disk that is ready to be struck into coins. These planchets are also used to create coins other than the American Silver Eagles, and the companies that produce the planchets are busy, limiting the supply received by the U.S. Mint.

The Silver Institute, a nonprofit international industry association headquartered in Washington, D.C., has written a letter to the Director of the U.S. Mint, urging it to take immediate steps to increase production of the popular Silver Eagles. With silver bullion on the rise, the Silver Institute has asked the U.S. Mint to consider alternative methods for streamlining the production process of the American Eagle Silver Dollar coin.

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In the meantime, silver investors can scour flea markets, coin shops, and estate sales for silver eagles. Or they can visit http://bullionbargains.com for a great selection of American Eagle Silver Dollar coins for sale at fantastic prices.

More Numismatists Info

Many Colonial, Early American and Confederate notes have been reproduced throughout the 20th century and sold as souvenir and novelty items or included as premiums with bubble gum. While the notes may look and feel old and brittle, as if they really were printed years ago, in actuality, paper produced before the early 20th century had a high rag content and lacked acid, the chemical that causes paper to become yellow and brittle. Genuine notes from this period remain quite white and supple.
Buy silver dollars for a great investment.

Most U.S. Federal Reserve Bank Notes are common, although all notes issued from the Dallas bank are rare and some from other district banks are scarce. All Star Note Federal Reserve Bank Notes are scarce. The Standard Guide to Small Size U.S. Paper Money (1928 to date), by Dean Oakes and John Schwartz, is recommended for more information.
Buy Cuban silver dollars for a great investment.

Preserve gold bars and bullion coins in the original mint packaging. Since it is soft, mint-fresh gold is easily subject to scratches from rough surfaces. Careful handling and preserving can go a long way in getting the best price during a resale.
Buy gold coins.

Typically, collectors will use an adequate reference book to find the note they want. Then, they look through the many price lists they might have to find a dealer who offers the same note in an acceptable condition for an acceptable price. Lots of dealers put parts of their price lists in Bank Note Reporter ads. The collector then either calls or faxes the dealer with a credit card number or send a check in the mail.
Buy European silver dollars for a great investment.

Your Latest silver and gold bullion coins News

Open Letter to Serious Archaeologists

Thu, 29 May 2008 04:01:13 +0000
A person spends years, often a lifetime, developing a skill that earns them a living—and more. What do they do with the “more”? They use it to entertain themselves. Many of those who succeed in a capitalist society are the sort of people who are interested in things like art, history, philosophy and the “social ...]

1795 Half Cent - Double Error in Heritage Auction

Thu, 22 May 2008 11:06:28 +0000
When reviewing upcoming auctions, one of the things we like to look for are the more unusual items, the coins that surprise you and say “I didn’t know that!”
In the upcoming Heritage Signature Sale of The Ellsworth Collection (May 29th) we found the following 1795 Double Error Half Cent.
Below is the auction catalog Description:
This is ...]

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morgan silver dollars prices Bargains

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Rare Coins

By Kent Pinkerton

One good form of investment is to buy rare coins that over the years have grown in value. This type of coin, particularly in the United States, boasts extraordinary value presenting a wonderful opportunity for rare gold coin collectors. With prices at nearly five year lows, coupled with the availability of the choicest coins in the market, this it is the best time to collect rare coins. Rare gold and silver coins are in demand especially among investors, since they provide the needed balance to stock portfolios thereby reducing over all risks and generating a large amount of profit. Financial analysts recommend placing a 10-20% of discretionary funds in precious metals like rare coins even for those who own gold mining stocks.

Rare coins are very good performing financial assets in their own right. A recent market analysis of rare gold and silver coins conducted by Coin Universe shows that $1,000 invested in U.S. rare coins during the 70�s would now be worth on the average nearly $58,000. If we review history, paper assets like bonds, stocks and treasury bills lose value while gold, platinum and silver rare coins appreciate in value. Having rare coins in your portfolio will dramatically reduce its volatility and protect your investment from economic uncertainties such as inflation.

Rare coins that can only be traded should be certified and graded by the Professional Coin Grading Service and the Numismatic Guaranty Corporation, two leading independent grading firms. They should come with a complete money-back guarantee. Some firms specialize in finding the right rare coin to suit the buyers� needs and budget. Others carry rare coins at an affordable price.

About The Author

Coins provides detailed information on Coins, Gold Coins, Rare Coins, Coin Dealers and more. Coins is affiliated with Antique Collectibles.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton

Brief Numismatists News

Tom Denly identified 7 main areas of interest of paper money collecting in a recent issue of Bank Note Reporter. I've [Bruce] split area 5 into 5a and 5b, because I consider them to be somewhat separate, and 7 into 7a and 7b because the world consists of more than just the USA. Alan Herbert added category 8. Steven Edelson added 9.
1) large-size US type notes
2) US national bank notes (issued by local banks chartered by the US)
3) US fractional currency (notes from the 1800s of less than 1 dollar)
4) pre-US colonial currency
5a) US obsolete notes (from private banks of the 1880s)
5b) Confederate States of America notes
6) small-size US type notes (the size we're familiar with now)
7a) recent and general world paper money
7b) older and rare world paper money
8) error notes, including printing, paper and cutting errors
9) Souvenir Cards
Buy mint sets of silver dollars for a great investment.

A misprinted currency note is known in numismatics as an error note, or simply a mistake that occurs during the printing process at the Bureau of Engraving and Printing (BEP). With the stringent quality controls practiced by the BEP, the chances of error notes reaching the public are really quite slim, but it does happen. Oftentimes these notes have numismatic value above the legal tender-value. The amount generally depends on the denomination, the complexity of the error and the condition of the note.
Buy US silver dollars for a great investment.

Most paper money dealers don't have stores in the same sense as coin dealers. Most transactions occur through the mail and over the phone. It may seem less than ideal initially, but it works very well. Nearly every dealer who works through the mail offers a money-back, no-questions-asked policy. If the note you buy is not really the one you want, you can almost always return it.
Buy silver dollar errors for a great investment.

How does the silver coin's edge look? If the coin edge should be reeded, and isn't (or vice versa) this is a giant red flag, since mint errors of this type are very rare. Also, if the coin has a seam around the edge, a bit of a protrusion on the edge that could be a casting sprue, or file marks indicating a sprue or seam was removed, don't buy the coin!
Buy gold coins.

buy gold coins News

Gold Recovers from Below $900 an Ounce

Wed, 30 Jul 2008 21:31:48 +0000
New York gold was driven lower during an earlier sell-off Wednesday, but recovered some of its losses to close above $900 an ounce after the US dollar showed weakness. A late oil rally and reduced inflation fears also lent support for the yellow metal.
Oil gained $4.58 to close at $126.77 a barrel.
Silver gained the ...]

Game time!

Fri, 01 Feb 2008 23:18:17 +0100
Manchester HippoPress, NH -Four Super Bowls over the course of a decade is the gold standard for greatness in the NFL. No quarterback or coach has ever won more than four in a career. ...

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Previously Unaccounted 1943-S Bronze Cent Acquired by Rare Coin Wholesalers

Mon, 28 Jul 2008 12:07:59 +0000
(Dana Point, California) — A previously unrecorded 1943-S Lincoln cent, erroneously struck on a bronze planchet and found in circulation by a teenaged collector over a half century ago, has been acquired by Rare Coin Wholesalers of Dana Point, California. The discovery coin now is certified as AU-53 by Numismatic Guaranty Corporation.
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