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Gold And Silver Coin Collecting Article Of The Month

The True Value of a Gold Coin

By Cindy Teruya

The use of coins dates back to ancient times, and they have been with humanity ever since. Coins stayed in usage even after the world adopted paper money. Coins offer a sense of permanence and history that bills lack. This is especially true of gold coins. Coins of any material that are kept safe for a long time tend to increase in worth.

Many coins no longer in circulation are of great interest to coin collectors. Also called numismatists, these collectors love old and rare coins. Gold coins are especially popular. This is because the gold coin has a high collection value, and an even higher market value. They can be worth hundreds of dollars. Certain rare coins can be worth thousands, or even millions, of dollars. American monetary history is full of rare coins in high demand by collectors. Some of the more famous coins include the gold and silver buffalo coins, or the renowned St Gaudens Double Eagle. Coin collecting is a popular hobby, so there are many sources (in the form of books and websites) supplying information about the value of specific coins.

There are many ways to get these rare coins. Sometimes, people find them lying around the house. It's easy for someone to drop a coin and completely forget about it. Of course, the collector cannot rely on finding a rare gold coin in his or her house. Auctions are another method of obtaining rare coins, though these can get quite expensive. Perhaps the most convenient way is through a website.

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Sites like GainesvilleCoins.com carry many different types of coins. This particular website is one of the most reputable, and is sure to be a great resource for any coin collector.
Gainesville Coins is a site that sells rare and valuable coins. Coins in the site collection include silver buffalo coins, and state quarters. The serious coin collector should make a point of visiting http://www.gainesvillecoins.com.

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The Gold Panda gold coin has an annual design change that always featuring China's symbolic animal, the Pnada. The Gold Chinese Panda has long been a favorite of collectors and jewelry designers the world over. At one time this coin was minted in seven different sizes, second only to the eight sizes of the Australian Nugget. The 5- and 12-oz. sizes were discontinued over a decade ago.
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There are two types of coins, those bought for their rarity or numismatic value and those bought for their precious metal bullion value. I recommend buying a one troy ounce bullion gold coin because they are much more affordable than numismatics and also for the same price you will get much more gold metal content which is the whole point of buying the coin (gold attracts wealth). Now that we have decided to buy a one troy once bullion coin, there are many selections. There are 22 karat coins and also 24 karat coins. Due to their durability, I recommend buying a 22 karat coin because they are much more resistant to nicks and scratches. The two best 22 karat coins to invest in are South African Krugerrands and US American Eagles. If you decide to go the 24 karat route, US Buffalos and Canadian Maple Leafs are the best choices. All four of these coins are very popular and readily exchangeable at coin dealers all around the world.
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Another type of luster seen on United States gold coins is satiny in texture. Satiny luster tends to be less attractive than frosty luster but it can be very appealing. I would describe it to the new collector as having asoft look and it is often seen on branch mint coins from the 19th century and on San Francisco issues from the 20th century.
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2. Various countries struck coins for World Food Day. In what year was this?

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1. When was the Roosevelt Dime introduced?

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Experts Say 2000-P Cent Not Doubled Die

Mon, 14 Apr 2008 19:01:47 +0000
By Ken Potter for Numismaster
In my Feb. 19 Numismatic News front page story I revealed that an “Extra Beard” variety had been found by reader James P. McCarthy of Wisconsin. I also noted that I and a number of other variety coins specialists had designated it as a doubled die from a tilted hub.
Now ...]

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The first lesson of storage is to tell nobody you own the gold coin. If nobody knows, you will run almost zero risk of theft. The second lesson of storage is to keep your gold coin close to you at all times. The reason you are buying the gold coin is for wealth attraction. You will have the greatest luck if you keep the coin in your pocket, briefcase, purse, of house. If you already wear gold jewelry, it's probably fine to store the coin in your house. If you do not wear any gold jewelry, consider keeping the coin in your pocket, briefcase, or purse so you always have a piece of gold close to you for luck. Remember, don't brag about the coin or show anyone. Keep it in a hidden place.
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The Gold Panda gold coin has an annual design change that always featuring China's symbolic animal, the Pnada. The Gold Chinese Panda has long been a favorite of collectors and jewelry designers the world over. At one time this coin was minted in seven different sizes, second only to the eight sizes of the Australian Nugget. The 5- and 12-oz. sizes were discontinued over a decade ago.
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Trio of Roman Gold Shines at Millennia

Tue, 27 May 2008 12:37:27 +0000
The Millennia Sale presented by Ira and larry Goldberg got underway yesterday in California and the preliminary results are starting to flow in.
This sale will result in an series of reports due to both its importance and breadth. In addition CoinLink will be posting a detailed auction analysis by Greg Reynolds latter this ...]

New Book Teaches Techniques and Tips on How to Photograph Coins

Here's a press release I received from Zyrus on a new book coming out in July.

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Banknote enthusiasts enjoy individualist status; the hobby is regarded as intriguingly different. It has a certain prestige attached to it; people tend to assume that a banknote collector must be well-off - but this is often not the because many attractive banknotes can be obtained for well under 50p each. The hobby has a refreshing dignity to it; the banknote collecting fraternity is generally an honest, friendly community, with a genial camaraderie born of a common interest.
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U.S. Large Size (pre 1928) "Horseblanket" or "Saddleblanket" Notes. All U.S. currency made prior to 1928 is of a larger size than modern "small size" bills, hence the nicknames "Horseblanket" or "Saddleblanket." There were many different series and types of notes printed prior to 1928 by the Federal government, and values range from the very common 1923 $1 Silver Certificates (blue seals), worth from $10 to $100 depending on condition, to ultra-rarities that can be worth tens of thousands of dollars or more. If you come into possession of any "large size" bills, we suggest that you consult one of our currency experts here at CAA-Heritage to help you make a determination of value.
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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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Famous DEAD Neighbors in San Diego, plus My Brunch With Yoko Ono ... - San Diego Reader

Sat, 28 Jun 2008 18:25:34 GMT

Famous DEAD Neighbors in San Diego, plus My Brunch With Yoko Ono ... San Diego Reader, CA - Jun 28, 2008 His best known title Rock 'N' Roll Comics broke indie comic book sales records in the early 90s. When not being sued by the New Kids On The Block and other ...

The Ethics of Numismatic Journalism

In a recent "Coin Dealer Ethics" column, I brought up the subject of numismatic (coin collecting related) discussion forums, and whether the moderators of such forums were impinging on free...

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At one time, it was speculated that the notes signed by Treasurer Joseph W. Barr would eventually hold a high numismatic value since he was in office for only 23 days in 1968-69. However, during that period, a total of 484 million notes were produced with his signature. The high quantity produced dictates that the notes will never be considered rare in our lifetime. Interestingly, in 1995, numismatic author Alan Herbert stated, "A $1 Barr note deposited in an interest-bearing account in 1969 would have been worth over $4.00, figuring 6% interest compounded annually. A circulated Barr note kept in a safe-deposit box for 26 years is worth $1 today
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There are many ways to collect Charlotte gold. Some people have only a mild interest in these coins and may buy just one or two pieces. Other people are more serious and they have a large number of Charlotte issues in their collection. A small number of Charlotte collectors are obsessives who focus exclusively on these pieces and do not collect anything else. I would like to make some suggestions on how to collect Charlotte gold. In my experience, all of these ideas have merit and none is better than the other. It depends on the tastes and budget of an individual collector to determine which one(s) is right for him.
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Survival Rate of Proof United States Gold Coinage

Sun, 15 Jun 2008 13:12:51 +0000
 By Doug Winter - RareGoldCoins.com
While it is difficult to make sweeping generalizations about the survival rate of Proof United States gold coinage, some factors exist that help to determine the rarity of many issues. It is interesting to analyze these factors and apply them to the various denominations.
For the most part, Proof gold coins have ...]

GM bonds now worth buying, JP Morgan says - Reuters

Tue, 22 Jul 2008 14:15:54 GMT

GM bonds now worth buying, JP Morgan says Reuters - 3 hours ago JP Morgan's distressed analysis estimates the value of the bonds in a distressed liquidation at 34 percent, the report said. GM will be able to boost its ...

4. The first foreign coinage produced by the Royal Canadian Mint was in what year?

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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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The investment potential of banknotes has been evident over the years. Some items have seen a growth in value of 10,000% since the end of the last war! American Confederate States notes, for example, could then be bought for about 25c each in the USA. Now, they are hard to find for 100 times that amount. Even the indiscriminate collector can expect profit in the long-run, for most banknotes tend to rise in value. Scarcity and demand are the chief factors that govern market values, and banknotes are only produced in limited numbers, so when production of each note ceases, the existing examples can only become increasingly scarce and therefore increasingly valuable.
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Fake silver coins may or may not have a silver-plated finish on them. Although higher-quality struck fakes might look pretty convincing if they're plated, many fakers don't even bother to plate the coin! Silver has a distinctive sheen to it that is neither too harsh nor too soft or "soapy" looking.
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Old gold coins should never be cleaned. But it's not just excited treasure hunters that make this mistake. Even archaeologists working with ancient coins come under fire for the practice of restoring ancient coins, although in their case it may be necessary in order to see the coin well enough to properly date and categorize it. Those coins will not end up in most collections. But then again, archaeologists are not trying to preserve numismatic value.
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Royal Canadian Mint’s “Million Dollar Coin” on Display at CNA Convention

Fri, 18 Jul 2008 05:12:38 +0000
The world-record 100-kg, 99.999% pure gold maple leaf bullion coin will be displayed at the 2008 annual convention of the Canadian Numismatic Association
Media representatives and the general public are invited(*) to a one-day showing of the world’s largest, purest and highest denomination gold coin at the Crowne Plaza Hotel in Ottawa on Saturday, July 19, ...]

Pre-ANA Auctions Preview, Part II of III: Half Dollars

Tue, 22 Jul 2008 11:26:57 +0000
by Greg Reynolds for CoinLink
Half dollars will be in abundance in Baltimore. A large number of people collect bust halves, and a fair number of half dollar collectors will travel to Baltimore. Many others will have dealers represent them. The pre-ANA auctions will include ample offerings of bust halves, though less than I expected.
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