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Friday, October 31, 2008

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Numismatists Article Of The Day



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Many factors determine the value of a gold coin, such as its rarity, age, condition and the number originally minted. Gold coins coveted by collectors include the Aureus, Solidus and Spur Ryal.
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Historically the U.S. Treasury has issued many different types of notes. These notes bear numbers and seals in a variety of different colors that are distinctive to the type of note. The most common note in circulation today, and the one that we are used to seeing, is the Federal Reserve note bearing a green seal and numbers. Following is a listing of the note types and seal colors:
Silver Certificates---blue seal
United States Notes---red seal
National Bank Notes---brown seal
Gold Certificates---yellow/orange seal
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1899 U.S. Silver $1. The 1899 Silver Certificate is a perennial favorite among collectors; its bold design and relative availability make it a logical choice for inclusion in many collections of silver certificates. These notes were part of the government effort to make use of the vast silver deposits of the western United States. Today most are worth between $40 and $250 depending on condition.
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Your Latest red hook silver dollars News

US Mint Launches 2008 American Legacy Collection

Tue, 28 Oct 2008 18:33:57 +0000

2008 American Legacy CollectionThe US Mint on Monday released several cornerstone coins all within a single 2008 United States Mint American Legacy Collection®. The set features 15 popular proof coins "presented in unique and elegant packaging."


The collection includes proof versions of all 14 circulating coins for 2008, including the final five quarters of the 50 State Quarters® Program (Oklahoma, New Mexico, Arizona, Alaska and Hawaii) and the four $1 coins from the second year of the Presidential $1 Coin Program (Monroe, Adams, Jackson and Van Buren). The set also includes a proof version of the Bald Eagle Silver Dollar.


The collection is priced at $100 each, with a household limit of 10 in place. There is a total limit of 50,000 sets.


The kicker for the collection is its packaging. While extremely attractive, all the coins may be purchased separately for a total of $70.90, making the packaging price an extra $29.10.


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Latest 2008 Products from the Royal Canadian Mint

Wed, 01 Oct 2008 20:48:40 +0000
Coin series including the Chinese Lunar Zodiac, Vignettes of Royalty, Playing Card Money and Crystal Snowflakes and new NHL© coin and gift products join the team
The Royal Canadian Mint today issued its latest release of collector coins and gift products for 2008—just in time for the holiday season. Examples from this impressive selection include: gold ...]

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Numismatists Article Of The Month



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War, invasion, looting, crisis and gold. In times of national crisis, people fear that their assets may be seized and that the currency may become worthless. They see gold as a solid asset which will always buy food or transportation. Thus in times of great uncertainty, particularly when war is feared, the demand for gold rises.
The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. GATA underwrote the federal anti-trust lawsuit of its consultant, Reginald H. Howe -- Howe vs. Bank for International Settlements et al. -- which was pursued in U.S. District Court in Boston from 2000 to 2002. While the Howe suit was dismissed on a jurisdictional technicality, it became the model for Blanchard Coin and Bullion's anti-trust lawsuit against Barrick Gold and J.P. Morgan Chase & Co., which was filed in U.S. District Court in New Orleans in 2002 and prompted Barrick Gold's decision to stop selling gold in advance for 10 years.
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price guide for silver dollars Galore

Hawaii coin ends popular state commemorative quarter program

Thu, 23 Oct 2008 22:59:00 +0000
With a big aloha to Hawaii, a new generation of coin collectors will soon shut their books on the U.S. Mint's popular 10-year state quarter program...



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Got a Question for the U.S. Mint?

Do you have a burning question that you have always wanted to ask the U.S. Mint, but could never figure out who to go to? Maybe you have a...

Numismatic Blog and News Headlines - October 30, 2008

Thu, 30 Oct 2008 16:06:19 +0000
Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Here are today’s articles:

Treasure hunters set to coin it with Roman haul
By Laura Hannam, MK News
As the credit crunch hits pensioners across ...]

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Numismatists Article Of The Day

The Charm Of Gold Can Never Fade Away

By Victor Epand

Gold is regarded as the symbol of aristocracy, purity and is considered to be precious and is, therefore, loved and admired by all. In many cases, it has been seen that people like to possess gold not only to fulfill their needs, but to show and reflect their standard. There are gold coins too which were once very widely used. But with the passage of time and the expanded use of general coins and money, the exchange of gold coins slowly decreased. These old and rare gold coins are still being treasured and preserved today. They may no more be used as currency, yet their value is still intact as these coins are made of gold and that itself is valuable!

Many people find the collection of them both interesting as well as lucrative. This is because over time, the collection would accrue value and if required you can sell a part of it. In this way, you can have a source of additional income as well as an incredible collection of valuable coins.

The antique gold coins are being preserved in government museums and in other memorandums as a memory of a fine past. Often these are provided to visitors to look at but are not for sale. Sometimes these are put up for sale, perhaps in auctions for the general public. The lists of admirers for antique gold coins are innumerable as many people like to collect these.

Though these are sold in auctions, still there are other schemes too that allow people to buy these coins at comparatively low prices. You can buy these coins through online services by visiting gold coin shopping sites. Not all, but certain specific sites can be trusted. You need to check the purity of them and its details before you buy. The details include how antique these are; when they were used etc. Many who have purchased coins from these sites are happy with its conduct and with the purity of the antique gold coins. Another big reason for them being happy is that they have been able to get such antique pieces for such a small amount. If they would have to go to auctions and bid for these coins, they would have been forced to buy these at such a high rate.

The beauty of antique gold coins lies not only in its being antique, but in its appearance as well. Many are hundreds of years old with pictures of old kings and queens looking very elegant. These coins tell a lot about the reign of a particular emperor and the happenings during his rule. Therefore, many like to collect these based on the reigning period of the kings in a serial order and are often ready to pay a lot to own a particular antique gold coin of a particular king.

Thus, we can see that the antique gold coins have still been able to collect such a huge admiration, in spite of being very antique and out dated.

About The Author

Victor Epand is an expert consultant for pottery, antiques, and figurines. When shopping for pottery, antiques and figurines, we recommend only the best online stores for pottery, antique coin dealer, and figurines.

Additional Numismatists Information



For most of history, coins were valued based on the precious metal they contain. Whether a coin is made by who it appears to be was of secondary importance compared to whether it contains the correct amount of metal, that is, right weight and fineness. Genuine appearance was simply a convenient shortcut to avoid time-consuming tests in everyday transactions.
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Typically, collectors will use an adequate reference book to find the note they want. Then, they look through the many price lists they might have to find a dealer who offers the same note in an acceptable condition for an acceptable price. Lots of dealers put parts of their price lists in Bank Note Reporter ads. The collector then either calls or faxes the dealer with a credit card number or send a check in the mail.
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1928 U.S. Gold Certificate $10, $20, $50, $100, $500, and $1,000 bills are all legal to own, and all are highly collectible. The $10 and $20 notes are typically worth from twice face value to $100 or more depending on condition, while the $50 and $100 notes are more valuable. $500 and $1,000 Gold Certificates are scarce and we recommend consultation with one of our currency experts if you possess one of these notes.
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All The Latest News From The value of old silver dollars World

Romanian Silver Coin Commemorates SRR 80th Anniversary

Wed, 29 Oct 2008 16:43:05 +0000
The National Bank of Romania (BNR) announced on Monday it will issue silver collector coins honoring the 80th anniversary of the establishment of the Romanian Broadcasting Company (SRR). The public radio broadcaster made its first transmission on November 1, 1928 at 5:00 PM, and is celebrating with a series of anniversary ...]

Last Chance to Order Bald Eagle Commemorative Coins

Thu, 23 Oct 2008 22:42:00 +0000
Dec. 12 Set as Deadline to Order Coins Honoring Recovery of Our National Emblem

WASHINGTON - Time is running out to order Bald Eagle Commemorative...



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