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Monday, January 05, 2009

My rare coins gold silver Reviews

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While obsolete gold coins are primarily collected for their numismatic value, gold bullion coins today derive their value from the metal (gold) content - and as such are viewed by some investors as a "hedge" against inflation or a store of value. South Africa introduced the Krugerrand in 1967 to cater to this market; this was the reason for its convenient and memorable gold content�exactly one troy ounce. It was the first modern, low premium (i.e. priced only slightly above the bullion value of the gold) bullion gold coin. Bullion coins are also produced in fractions of an ounce � typically half ounce, quarter ounce, and one-tenth ounce. Bullion coins do not carry a meaningful face value, as their value is mainly dictated by their troy weight and the current market price of the precious metal. (If a face value is minted on the coin, it is done for legal or other reasons and it is nearly always significantly less than the actual value of the coin.) Gold has an international currency code of XAU under ISO 4217.
You can buy presidential gold coins in our store.

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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More rare coins gold silver Information

Odyssey Marine Exploration Asserts Position in $500 Million Shipwreck Treasure from Black Swan Site

Thu, 20 Nov 2008 04:24:00 +0000
TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (Nasdaq:OMEX - News), the world leader in the field of deep-ocean shipwreck exploration, yesterday filed its Response to Spain’s Motion...



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The ACCG Benefit Auction nets $45,811 in active bidding.

Wed, 20 Aug 2008 12:43:05 +0000
The ancient coin collecting fraternity supported its primary advocacy group with an impressive $45,811 in the Benefit Auction that closed today on Vauctions.com .  The total topped a pre-auction estimate of $44,775.  Coins and other items donated by collectors and dealers across the country and even from friends outside of the USA were sometimes fought ...]

As a tourist site, Federal Reserve is worth its weight in gold - Los Angeles Times

Thu, 25 Dec 2008 03:26:07 GMT

As a tourist site, Federal Reserve is worth its weight in gold
Los Angeles Times, CA - Dec 24, 2008
The American Numismatic Society has lent the bank hundreds of rare coins and currency to illustrate the history of money, grouped by era and region. ...


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1878 silver dollars Information

Numismatists Article Of The Week



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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.
Buy gold coins.

In November 2005, Rick Munarriz of Motley Fool.com posed the question of which represented a better investment: a share of Google or an ounce of gold. The specific comparison between these two very different investments seems to have captured the imagination of many in the investment commuity and is serving to crystalize the broader debate. At the time of writing, a share of Google's stock and an ounce of gold were both near $700. On January 4, 2008 23:58 New York Time, it was reported that an ounce of gold outpaced the share price of Google by 30.77%, with gold closing at $859.19 per ounce and a share of Google closing at $657 on U.S. market exchanges. On January 24th 2008, the gold price broke the $900 mark per ounce for the first time. The price of gold topped $1,000 an ounce for the first time ever on March 13, 2008 amid recession fears in the United States.
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Gold bullion coins usually come in 1 oz, 1/2 oz, 1/4 oz, 1/10 and 1/20 oz. sizes. Most countries have one design that remains constant each year; others have variations each year, and in most cases each coin is dated. A 1/10th oz bullion coin is about the same size as a U.S. dime. A 1 oz. gold bullion coin is about the size of a U.S. half dollar.
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Gold is a tremendous holiday gift and I encourage you to give gold and silver coins to your loved ones this holiday season. There are two high level reasons I like this idea so much. First, gold is an appreciating asset and store of value. By giving a gold coin, you are giving a loved one an investment that has intrinsic value. Second, in this day and age, gold is not a familiar concept to many people. By giving a gold coin, you are opening up a new investment idea to your loved ones. Perhaps they have not considered investing in gold before. Upon holding their first gold coin, they will most likely be extremely interested in learning more. Your gift could provide the perfect starting point to start mentoring and teaching your loved ones all about your passion for gold.
Buy 1981 panda silver dollars for a great investment.

gold dollar coins News

Fun With Money - Where's George?

Many coin collectors also collect banknotes. After all, banknotes are another form of money, so coins and bills go hand-in-hand. Since I've had a few readers request that...

Gold, Platinum and Silver Slide Lower

Tue, 23 Dec 2008 22:42:06 +0000
Gold took its Tuesday cues from a rising U.S. dollar and falling oil prices. New York silver, gold and platinum futures dropped 5.5 percent, 1.1 percent and 1.2 percent, respectively.
February crude-oil fell 93 cents, or 2.3 percent, to close to $38.98 a barrel. The average price for unleaded gasoline dropped four-tenths of a ...]

I was wrong on NGC Presidential Dollar "First Day of Mintage" designation - I like it!

Mon, 16 Apr 2007 23:04:00 +0000
Let me just say that I like it! Numismatic Guaranty Corporation's new semi-rigid sleeve that allows the coins in the United States Mint Official American Presidency $1 Coin Covers to be graded and...



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