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The South African Kruggerand gold coins are the world's first gold bullion coin minted for investment, the Krugerrand is believed to be the most widely owned bullion coin in the world. The Krugerrand's obverse, designed by O. Schultz, features the first President of the South African Republic, Paul Kruger. Due to Kruger's relationship with Apartheid, these coins are the least expensive of all the major gold bullion coins. Kruger is surrounded by the name of his nation in Afrikaans and English, two of South Africa's eleven official languages: SUID-AFRIKA � SOUTH AFRICA
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In general, gold becomes more desirable in times of bank failures. When dollars were fully convertible into gold, both were regarded as money. However, most people preferred to carry around paper banknotes rather than the somewhat heavier and less divisible gold coins. If people feared their bank would fail, a bank run might have been the result. This is what happened in the USA during the Great Depression of the 1930s, leading President Roosevelt to impose a national emergency and to outlaw the holding of gold by US citizens then known as Executive Order 6102 which has since been ended.
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I recommend filtering for volume. Check out the eBay sellers who have done several hundred gold sales or more. These are the gold bullion sellers you can trust assuming they also have a high positive feedback score. Volume indicates that they have been in the business for a while and must be doing something right. You will always end up paying a premium when you buy from a high volume seller. It's always worth it. Let's take a simple example. You buy a 1/10 ounce gold bullion American Eagle from a new seller. You get a super deal and only pay $100. Now, let's say you buy the same coin but pay $120 from a power seller. Let's say the first one ends up to be a fake and the second is real. You pay an extra $20 but isn't that better than getting something worth $0 with your hard earned investment dollars? I always go with the high volume sellers.
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Generally speaking, 19th century gold coins with very low original mintage figures tend to have prooflike surfaces more often than not. As an example, the 1890 quarter eagle pictured above is an issue with a mintage of only 8,720 and it is often found with reflective surfaces. Some of the other types of coins that are sometimes seen with prooflike surfaces include Philadelphia Type Three gold dollars, Philadelphia quarter eagles from the 1870's and 1880's, Three Dollar gold pieces and Liberty Head double eagles from the 1890's.
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The Latest sell silver dollars News

All-Time Finest Lincoln Cent Set in Houston Auction

Mon, 20 Oct 2008 02:49:39 +0000
The Professional Coin Grading Service has just finished grading, encapsulating, and pedigreeing the Lincoln Cent Collection from the estate of the renowned dealer Jack Lee. The complete set will be offered in Heritage’s Houston Signature Auction, taking place at the Houston Money Show of the Southwest, Dec. 4-6, 2008.In PCGS’s widest category of Lincoln Cents, ...]

The Phantom Opera

Thu, 25 Sep 2008 11:53:34 +0000
By Wayne Sayles - Ancient Coin Collecting
Anyone who pays the slightest attention to Washington doings can hardly avoid being struck by the operatic nature of governance. It may be humorous or tragic, by turns, but it can also be mysterious. How do rather consequential things happen? Better yet, who makes them happen? These are ageless ...]

Odyssey Marine Exploration and Arqueonautas Worldwide Partner in Presenting Legendary São José Coins

Sun, 26 Oct 2008 13:50:38 +0000
Fewer than 7,200 collector-grade coins available for purchase
Sailing in haste with hopes to escape an impending attack by the British and Dutch armies, the São José ultimately met her demise in 1622. For nearly 400 years the treasures onboard from the Portuguese Empire were lost along with the carrack. For the first time ever after ...]


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