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Given that gold is denser than almost all other metals, whether something is made of gold is extremely hard to fake. Simple determination of weight and volume should be sufficent. A coin that is the right size but is not gold, or has too much base metal, will be "light"; alternately, a coin that weighs right will be somewhat larger. (Platinum is unknown in ancient times; platinum is denser than gold, but since it is about twice as expensive, making a fake coin out of platinum would make no sense. In theory, fake coins could be made of uranium, but this does not appear to be a practical problem.)
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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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When it comes to hand lenses, four or five powers of magnification seem to be the norm for many collectors. At these powers, an entire coin may be viewed all at once, which is especially useful when grading. Nevertheless, unless you are an experienced numismatist, you will not be able to see characteristics such as metal flow, die doubling, and counterfeit diagnostics on many coins when using minimal magnification. The micrograph shows the head detail of a genuine 1861-O CSA Obverse Seated half dollar. This view is close to what you would expect to see when using a 10� hand lens.
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Gold prices have seen an upward trend in the past 3 years. Though the earlier decades saw a relatively poor performance by the precious metal, gold prices are likely to rise steadily over the longer term. This investment opportunity is showing an upswing again. With uncertainty in the stock market and decline in the US dollar, investors are taking a fresh look at gold as an investment option. Gold works as a perfect hedge against investment in other assets. In fact, when other investments take a beating, gold investment tends to stabilize. As a long term investor, holding on to gold investment is a good tip.
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Before you buy gold or silver, always know the spot price of gold. You should expect to pay no less than the spot price of gold for popular gold bullion coins and bars. If the item is selling for a lot less than the spot price of gold, that is a big red flag. Why? Ebay is a relatively efficient market these days, especially as gold becomes more and more popular. If an authentic coin is selling at a steep discount to spot, you can buy it and sell it back to someone else for spot price and get an immediate profit (this is called arbitrage). In an efficient market, arbitrage should not happen. If you see a steep discount and it looks to good to be true, it probably is. Proceed with caution in that case.
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Some aztec gold coins Stories

Multi-Million Dollar Double Eagle Collection Added to Dallas Auction

Mon, 13 Oct 2008 12:40:17 +0000
Heritage Auction Galleries has never printed an Auction supplement for any special collection, no matter how spectacular…….Until now.Heritage is breaking with tradition, in adding the Baltimore Collection of Liberty Double Eagles to the October Sale. This multi-million dollar collection is being auctioned as an integral part of our Dallas Signature Auction, Oct. 23-25, now available ...]

PCGS US Coins Price Guide

Fri, 11 Jan 2008 20:39:00 +0000
The retail prices listed in the PCGS Price Guide are for PCGS graded coins only.
Coins graded by other grading services, or not certified by any grading service, may sell for different prices. The prices are compiled from various sources including dealer ads in trade papers, dealer fixed price lists, significant auctions, and activity at major ...]

Music and laughs are worth trip into LAVentura County Star, CA - 22 hours agoHe began with "Brief History of My Life," a song brightened up by all sorts of oddities such as when his then-girlfriend Jewel met Mark McGwir

Wed, 30 Jan 2008 06:16:05 +0100
Minnesota Public Radio, MN -His song "Yesterday" is listed as the most covered song in history and has been played more than 7000000 times on American television and radio. ...

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Antarctic Explorer Proof Coins Issued to Celebrate International Polar Year

Wed, 03 Sep 2008 16:56:11 +0000
The Central Bank and Financial Services Authority of Ireland today (3 September) issued its 2008 €5 silver proof coin and the €100 gold proof coin to celebrate International Polar Year. The coins feature two famous Irish born Antarctic explorers Ernest Shackleton and Tom Crean. Their stricken vessel ‘The Endurance’ is also pictured in the distance ...]

More information on 50 dollar gold coins

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Coin collectors are much more common than old money collectors of the paper variety, though the latter are still quite active and manage to find some rare items occasionally. That paper variety may include pre US colonial currency, money from the beginning of the 19th century, currency from the Confederate States of America and also some souvenir cards of old money as the money itself are almost impossible to find and twice as hard to purchase.
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Although at a quick look, gold bars may often seem the cheapest way to invest in physical gold, experts point out that there are some drawbacks. Often the price for a single one ounce bar is the same as for a single one ounce krugerrand.
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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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1917 U.S. Legal $1 notes: These notes are a continuation of the act of 1863 that provided for a paper currency issue by the United States government during the Civil War. Though not specifically redeemable in specie these notes carry text stating that they are acceptable at par by the government as payment. The early 20th century was a time of reflection on the past by Americans as evidenced by the celebrations of Columbus in 1893, Jamestown in 1907 and Plymouth in 1920. This note's engraving of the landing of Columbus is therefore unsurprising. These popular notes are generally worth between $40 and $150 depending on condition. Superlative examples are of course worth more.
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Coin Dealer Angst

Tue, 07 Aug 2007 03:38:00 +0000

3. What was the issue price of a 1950 proof set?

2. In 1982, Mexico devalued its peso to how many per one U.S. dollar?

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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 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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Frosty luster is considered a plus by most collectors. Unfortunately, this sort of luster is becoming harder to find as more and more gold coins are chemically treated. Coins with original frosty luster have what I call a wagon wheel effect where the luster flows clockwise and appears to almost radiate out from the center of the coin.
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Mexico: 50 Peso 1947 golf coin. Mexico's silver and gold coins are highly collected due to the common border shared between Mexico and the United States.
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An old practice to test whether a gold coin was counterfeit was to bite down on it. Since pure gold is relatively soft any base metals mixed with the gold to lessen its value will also harden the coin, and so make it harder to bite on. The majority of bullion counterfeits (of all types) are rare, and fairly easy to detect when comparing their weights, colors and sizes to authentic pieces. This is because the cost of reproducing any given coin precisely can easily exceed the market value of the originals.
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world gold coins Galore

3. The numeral 7 and the letter G refer to what Federal Reserve Bank?

Adna G. Wilde Jr. Steps Down as ANA Treasurer

Tue, 07 Oct 2008 14:48:18 +0000
Adna G. Wilde Jr. has stepped down from his role as Treasurer of the American Numismatic Association. Wilde informed the Board of Governors of his decision on Sept. 9, and his resignation was made official at the Board’s teleconference meeting on Sept. 11. Former Assistant Treasurer Gerome Walton will assume the role of Treasurer on ...]

Gold Soars Most Since 1999, Silver Surges on Demand for Haven

Wed, 17 Sep 2008 21:04:29 +0000
By Pham-Duy Nguyen
Sept. 17 (Bloomberg) — Gold surged the most in nine years as investors sought the safety of precious metals on concern that the credit crisis will deepen, leading more financial institutions to fail. Silver soared the most since 1979.
Equities tumbled after the Federal Reserve took over the biggest U.S. insurer. The cost of ...]