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If a coin has mostly numismatic value, the proof that it is authentic is critical. A coin that is not genuine would (assuming it is made of gold) have the same "melt value" as a genuine coin, but this may be next to nothing, relatively speaking, for a rare coin.
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Why clean your car's metal to keep it looking good and well preserved and not your gold or silver coins? The difference is that non-gold coins begin to tone as soon as they are minted. That is, the metal on the surface interacts with oxygen in the air, resulting in a thin layer of discolored metal. In the case of silver coins, this toning can actually add value to the coin, as some coins tone with blue, red, or even rainbow colors that collectors find desirable. Copper coins tone as well, to differing shades of red or brown, and while they are not usually as pretty as toned silver coins, they acquire an aged and natural look that collectors expect. A nicely toned coin not only looks good (in the eyes of collectors), but the tone itself can act as a preservative, keeping the rest of the coin from undergoing a reaction to the air. Coins with a good tone should never be cleaned or polished.
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The Kangaroo gold coin was first produced in 1986. The Australian Gold Nugget/Kangaroo coin is one of the most popular coins created by the Perth Mint in Western Australia. Perhaps the most diverse of any nation's bullion coinage, the Gold Australian Nugget/Kangaroo is minted in eight different sizes from 1/20th of an ounce all the way up to 1-kilogram. The design on the reverse originally depicted natural Australian gold nuggets (example right), with different designs for various sizes. The design theme changed in 1989 to feature the most recognizable animal in Australia, the kangaroo (example above). For this reason, the coin is referred to both as an Australian Nugget and Kangaroo.
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Gold coins have had a very long period as a primary form of money, only falling into disuse in the early 20th century. Most of the world stopped making gold coins as currency by 1933. However, gold-coloured coins (not made of real gold) have made a comeback in many currencies. Furthermore, many countries continue to make legal tender gold coins, but these are primarily meant for collectors and investment purposes and are not meant for circulation.
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Creators of the bill estimate savings of over $1 billion in 10 years.

Northern Mariana Islands Quarter Design Selected and Submitted

Thu, 03 Jul 2008 07:18:46 +0000
Gov. Benigno R. Fitial revealed the selected Commonwealth of the Northern Mariana Islands (CNMI) quarter design and has forwarded the decision to the United States Mint.

Unlike the quarter selection process for the District of Columbia and other U.S. Territories which involved public voting, the CNMI design was chosen by a three-member commission set up ...]

Exhibits, Special Events and Educational Programs Highlight Baltimore World’s Fair of Money

Fri, 27 Jun 2008 23:25:26 +0000
The American Numismatic Association’s 2008 World’s Fair of Money® will give visitors a chance to see millions of dollars in rare coins, learn from the world’s top numismatists, and explore the history of Baltimore.
The event, held July 30 to August 3 at the Baltimore Convention Center, will feature over 1,100 dealers and numismatic ...]

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For centuries, gold has remained a precious and treasured commodity - one that has held men and women in its splendor and glitter. But have you considered investing in gold or looked at gold investment as part of your investment plan? Gold as an investment has been resorted by the wealthy families in Europe and Asia for centuries. Precious metals are a good investment opportunity as they are portable and compact. Read up our tips on gold investment.
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Collecting paper money is an exciting hobby that is growing in popularity for many reasons. For one thing it's becoming increasingly easy to find interesting and attractive banknotes from around the world, with great visual, historical and cultural interest - often for only a few pence each. A banknote collection can be a fine investment. Many notes have been growing quite dramatically in value over the years, sometimes even over a few months. Besides this, the hobby is a great educator. It has something to teach everyone, about foreign culture, history, economics - and much more. As communication technologies brings the �global village' ever closer, it becomes ever more desirable to have a knowledge of foreign affairs and cultures. It's amazing how much knowledge of this kind you naturally absorb while enjoying this hobby. But collectors also love banknotes for their rich visual appeal. Every banknote collection is most definitely an art collection - and one of growing value.
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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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If the return on bonds, equities and real estate is not adequately compensating for risk and inflation then the demand for gold and other alternative investments such as commodities increases. An example of this is the period of Stagflation that occurred during the 1970s and which led to an economic bubble forming in precious metals.
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Bullion & Business Weekend Report - June 28

Sat, 28 Jun 2008 17:37:42 +0000
Precious metals were mixed this week after an active gold market was favored by a weakening US dollar, losing Dow and record-breaking oil prices. London silver and gold enjoyed Monday through Friday profits, rising 1.2 percent and 1.6 percent respectively. Platinum dropped slightly by -0.3 percent.
Silver closed to $17.40 an ounce, a loss ...]

3. A numismatic bibliophile might collect what?

4. At what facility is the U.S. Mint Museum located?

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Our Featured Money Collecting Article

Gold; What Type of Gold to Buy

By Richard Amburn

Jewelry

The advantages are:

� Gold Jewelry is the easiest of the gold to buy and has the enjoyment of being able to be worn.

The disadvantages are:

� Retail Jewelry is often marked up by 300% or more in the shops.

� The real value of Jewelry is in the stones and the value is higher then of the gold.

� Most gold jewelry pieces are different and their values are biased.

Bullion coins and Small Bars

Advantages:

� Gold coins and small bars are considered a liquid market, so sellers and buyers can be found when you need them.

� They are easier obtained for smaller investors. Gold coins can be purchased smaller amounts of money (a 1 kilo gold bar starts over$10,000)

� Genuine gold coins have the endorsement of a government mint which has a degree of guarantee to them.

Disadvantages:

� The possibility of fakes that can only be spotted by dealers.

� The difference between buying and selling price of gold coin and small bar is significant vs. most types of investments.

Gold coins and small bars can good gold investment method for people with sums from $100 to $10,000 especially for people who view physical possession as important.

Big bars

Advantages:

� Big bars are traded as a professional market.

� The bars are serial numbered, and usually do not leave the security of industrial strength vaults.

� Fakery appears to have been completely eliminated.

Disadvantages:

� Big gold bars cost big money, around $160,000 each. Not an easy investment for most individuals. In fact to benefit from a competitive standpoint 1 bar is insufficient.

� For the Big gold bars, the smallest trade size the markets will consider exceeds $500,000.

� Big Gold bar trading is for the bigger companies and inaccessible to the private investors.

About The Author

By Richard Amburn http://www.goldgrow.com Tips on what type of gold investment to buy. http://www.goldgrow.com

More Numismatists Information

A major type of luster is prooflike. When dies are readied for production they are polished and/or rubbed with a cloth in order to make them appear bright and new. This polish fades rather quickly and certain issues are almost never seen with mirror-like reflectiveness. As an example, I have seen very few Prooflike coins from Charlotte and Dahlonega and only a handful from New Orleans.
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Buy two Krugers though, and quantity price breaks make krugerrands cheaper, and therefore a better buy. Also while it is true that larger bars, such as one kilo ones sell for a lower percentage premium than krugerrands, they are not as easy to resell. Only a specialist gold dealer is likely to give you a good purchase price for gold bars, and then often with less enthusiasm than for krugerrands, sovereigns, or other highly marketable coins
Buy seated Liberty silver dollars for a great investment.

Some of the series that are famous for having above-average frosty luster include the Fat Head quarter eagles and half eagles from the 1820's and 1830's, Classic Head gold, No Motto Philadelphia issues and Three Dollar gold
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One of the best ways to arm yourself against the savvy coin dealer is knowing the wholesale prices he pays for his coins. A very widely-used standard in U.S. coins is the "Grey Sheet," sometimes referred to as the "CDN." This is the Coin Dealer Newsletter, which is printed on grey paper stock, and comes out weekly. Most serious coin dealers subscribe to this publication, which lists the "bid" and "ask" values for every major type of U.S. coin, plus mint sets, slabbed coins, and banknotes (called the "green sheet.") "Bid" prices are the prices that dealers are paying if another dealer brings the coins to them. "Ask" prices are the prices for coins a dealers asks to buy. For example, if I call and ask to buy 100 common date Silver Eagles, I'll be quoted the "ask," or selling price. But if I want to sell the 100 Silver Eagles, I'll be quoted the "bid" or buying price. The difference between the two prices is the profit margin. It is quite thin for most coins.
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The $20 Saint Gaudens Double Eagle gold coin has been considered by many to be one of the most beautiful coins ever created. In addition to its beauty, investors privately acquire this gold coin which has outperformed gold bullion. This gold coin the Twenty Dollar gold piece also known as the Double Eagle is placed in the portfolios of investors worldwide for privacy and the guarantee that the United States government cannot go back and make anymore of these coins.
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Teletrade Launches "Teletrade Gold Rewards" Frequent Buyer Program

Thu, 03 Jul 2008 19:59:11 +0000
IRVINE, Calif. – Teletrade, America’s largest fully automated Internet auction company for certified coins and currency, has officially launched "Teletrade Gold Rewards," a frequent buyer program that rewards customer loyalty for buying coins and currency in Teletrade online auctions. The program kicked off on July 1, 2008, and is open to all Teletrade registered bidders ...]

The Ted Naftzger Collection of United States Large Cents to be Sold

Fri, 20 Jun 2008 12:41:52 +0000
Ira and Larry Goldberg will auction The Ted Naftzger Collection of United States Large Cents in 2008 and 2009. The collection will be sold in two parts, the first of which will be of Early U.S. Large Cents, held on Sunday, September 14th, 2008 in Beverly Hills, CA and on Ebay Live.
Chris McCawley of McCawley-Grellman, ...]


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