Tuesday, November 04, 2008

Why I Like value of old united states silver dollars

Featured Paper Money Article



Paper Money & Coin Collecting Info

South Africa minted its first gold coin called the Krugerrand in 1967. This coin has no face value but merely stands as a symbol. It is made of 1 ounce of gold and can be purchased for investment purposes. Since then other countries also minted bullion coins. Canada made the Gold Maple Leaf in 1979 and Australia made the Nugget in 1981. These two are much more popular than the South African coin because of its 24 carat purity.
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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
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Today, like all investments and commodities, the price of gold is ultimately driven by supply and demand, including hoarding and disposal. Unlike most other commodities, the hoarding and disposal plays a much bigger role in affecting the price, because most of the gold ever mined still exists and is potentially able to come on to the market for the right price. Given the huge quantity of hoarded gold, compared to the annual production, the price of gold is mainly affected by changes in sentiment, rather than changes in annual production.
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The Vienna Philharmonic gold coin is one the Austrian Mint first began producing in 1989 and it quickly became very popular. This coin was the best selling gold bullion coin in the world in 1992, 1995, and 1996 according to World Gold Council. Minted in 1-oz., �-oz., �-oz., and 1/10-oz. sizes, all Vienna Philharmonics are made from 99.99% pure gold. No alloyed metals are added. All coins are minted at the Austrian Mint AG, now a subsidiary of the Austrian National Bank. The Mint was established in 1194 and has remained in its current building since 1837.
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Many factors determine the value of a gold coin, such as its rarity, age, condition and the number originally minted. Gold coins coveted by collectors include the Aureus, Solidus and Spur Ryal.
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The Latest value of old united states silver dollars News

Tara Gold Resources Announces High Grade Gold and Silver Results ...

Sun, 27 Jan 2008 14:02:14 +0100
PR-USA.net (press release), Bulgaria -(30%) and Paramount Gold Mining Corp. (70%). Paramount is the operator of the exploration program and provided this update. The area in which these four ...

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Coins from Jesus' era among $23 million in unclaimed property

Thu, 02 Oct 2008 16:39:00 +0000
LITTLE ROCK - Two coins believed to date back to the time of Jesus are almost certainly the oldest items of unclaimed property in this year's Great...



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4. How many U.S. Mint striking facilities have there been in the United States since 1792?

"Like a gold coin on a dunghill"

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


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