Why I Like 2008 silver dollars
Collectors Article Of The Day
American Eagle Coins - Are They Worth It?
By Frederic Madore
I would like to cover every aspect of the American Eagle gold coins. In order to keep things short I have only included the major topics detailed as good as possible.
There are special coins that investors or coin collectors can make arrangements to buy. These coins unlike the normal coins will add more value to a collector�s collection. These coins are known as the American Eagle Coins.
Unlike other types of coins, the American eagle coins are not sold for commercial purposes. Instead they are issued only to authorised dealers for marketing purposes. Here is a couple of places where you should be able to find these American eagle coins:
- Bank
- Brokerage Companies
- Wholesalers
- Precious metal firms
- Diverse other places approved by the US Mint.
There are also three types of American eagle coins:
- Gold
- Silver
- Platinum
The quality of these coins is amazing. As I wrote earlier these coins are not sold directly to the populace but in proof set. Consequently you must buy them at the current prices for gold and the other alloy they are made from. To make sure they all sell for the same price (according to the market rate of gold and other metal) they have a specific weight that is standard.
It is possible to buy American Eagle Coin in one ounce, one-tenth ounce, one-quarter ounce and one-half ounce denominations.
Among other things, the American Eagle Coins are also known as the American Eagle Bullion Coins. They were first released by the US Mint in 1986. at that time only the only American eagle coins usable where the gold coin and the silver coin that had at one time been in circulation. As for the Platinum American eagle coin they were brought into the open in 1997.
As of now the most expensive of these American eagle coins are those of the gold Saint-Gaudens 1934 20 dollar pieces.
In 1934 the US government banned the use of all forms of gold bullion. At that time the 20 American eagle coins were made from gold. The US government then issued a recall to melt down all the coins. However a few escaped the lot and survived. They are now hunted by every avid collector.
At last If you really are concerned in American eagle coins you should learn to properly recognize them. If you have any in your collection I would extremely advice to keep them safe.
This article was written to provide you with knowledge about the American Coins. I appreciate you taking your time to read it.
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Paper Money & Coin Collecting News
Most importantly, collect paper money for fun. As a beginner, don't collect as an investment or for profit. Just buy the bank notes you like and have fun doing it!
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The most effective way to get paper money is not through general circulation, but through dealers, collectors, auctions, and shows. About once a week someone posts a message asking for people to trade/buy/sell paper money. Even with the large audience of rec.collecting.coins, you don't reach many collectors. But this is still one way many people get notes.
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Central banks and the International Monetary Fund play an important role in the gold price. At the end of 2004 central banks and official organizations held 19 percent of all above-ground gold as official gold reserves. The Washington Agreement on Gold (WAG), which dates from September 1999, limits gold sales by its members (Europe, United States, Japan, Australia, Bank for International Settlements and the International Monetary Fund) to less than 400 tonnes a year. European central banks, such as the Bank of England and Swiss National Bank, have been key sellers of gold over this period.
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In 1955 U.S. Congress expanded the earlier law that stated that the motto "In God We Trust" could be placed on all U.S. coinage to one that required the motto to be placed on all coins and paper money. However, "In God We Trust" did not actually appear on U.S. paper money until after 1957. Since paper money is not dated yearly, but by series numbers that are based on changes in style and design, Series 1935G and 1935H Silver Certificates bear the motto because they were produced after 1957.
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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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2008 silver dollars News From Around The World
Will Gold Explode Higher in Next Few Days?
Thu, 16 Oct 2008 15:49:00 +0000
In the past three weeks, central banks and governments around the world have wreaked havoc on financial markets with daily changes in policies and...
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Second commemorative golden coin was presented at Trakai Castle
Mon, 29 Sep 2008 12:11:20 +0000
The second commemorative golden coin of 100 litas, dedicated to the millennium of the mention of Lithuania”s name was presented at the historical cradle of Lithuania – the Gothic hall of Trakai Castle on Tuesday. The commemorative coin was issued on September 30 and started circulating as valid for making payments.
According to Reinoldijus Sarkinas, chairman ...]
Coin Trivia for 26 Aug 2008
1. What does the compass point to on the reverse of the Cleveland Great Lakes Exposition commemorative?
DGS Hires Top Grader to Keep up with Increased Submissions
Tue, 04 Nov 2008 15:42:43 +0000
Mike Ellis brings over 20 Years Experience in Research, Grading & Teaching
(Virginia Beach, VA.) Management at Dominion Grading Service (DGS) formally announced this week the hiring of Michael Ellis as a senior grader and variety specialist. Mr. Ellis has over 20 years experience in professional numismatics with a rich resume spanning everything from President ...]
Labels: gold bullion coins buy sell | gold bulloin coins for sale | gold liberty coins | purchase gold coins
posted by Silver Eagle Lover @ 8:51 AM
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