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Thursday, August 14, 2008

five dollar gold coins Updates

Numismatists Article Of The Week



Gold & Silver Coin Bullion News

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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Although central banks do not generally announce gold purchases in advance, some, such as Russia, have expressed interest in growing their gold reserves again as of late 2005. In early 2006, China, which only holds 1.3% of its reserves in gold, announced that it was looking for ways to improve the returns on its official reserves. Many bulls hope that this signals that China might reposition more of its holdings into gold in line with other Central Banks.
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Make sure to store your coins in a very safe place. You've worked so hard to own your diversified collection of gold coins. The last thing you want to happen is lose your collection due to fire, theft, or some other unforeseen issue. Make sure to store your coins in a very safe place so you can sleep sound at night knowing your assets are protected. I highly recommend a safe deposit box at your local bank. Also, there are third party safe houses that specialize in storing gold and precious metals. Taking the diversification theme to the next level, why not spread your collection (once it gets big enough to warrant doing so) among multiple safe deposit boxes and locations. You'll sleep better and night knowing your collection is safe and sound through a diversified storage strategy!
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Your Latest five dollar gold coins News

China A-shares end morning mixed; China Life tumbles on profit ...Forbes, NY - 1 hour agoZhongjin Gold Co Ltd (SHA 600489) slipped 0.75 yuan to 116.20, while Shandong Gold-Mining Co Ltd (SHA 600547) advanced 2.01 yuan to 20.80. ...China

Wed, 30 Jan 2008 06:16:05 +0100
Macon Telegraph, GA -Several major mining companies, including AngloGold Ahsanti Ltd., Gold Fields Ltd. and Harmony Gold Mining Co., were forced to halt operations Friday ...

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As part of his data gathering work he contacted Monica Wallace at WRME input from several coin dealers, a representative of the American Numismatic Association and the U.S. mint. He also called WRME to place an order.

4. Is an off-center coin an example of a planchet, die or striking error?

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