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Monday, January 05, 2009

A Great us silver dollars Resource.

Numismatists Article Of The Week

Additional Numismatists Info

Gold bullion coins usually come in 1 oz, 1/2 oz, 1/4 oz, 1/10 and 1/20 oz. sizes. Most countries have one design that remains constant each year; others have variations each year, and in most cases each coin is dated. A 1/10th oz bullion coin is about the same size as a U.S. dime. A 1 oz. gold bullion coin is about the size of a U.S. half dollar.
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Whatever method you try to clean a coin, it's best to test it on a non-valuable coin of similar metal first. That way if a certain method does have bad effects, you'll find out before you ruin a valuable coin. I discovered this much to my chagrin when cleaning a batch of 1943 steel pennies in an acid solution. I'll never know if it would have worked, because I had the pennies in a galvanized steel container and the acid, combined with the galvanization, fused the pennies into one worthless chunk.
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The Gold American Eagle gold coins are made from government guaranteed gold. First introduced in 1986, U.S. Gold Eagles are the #1 gold bullion coin choice among investors across the world. After careful consideration, the United States mint decided to copy the design of the $20 Saint-Gaudens gold coin for the obverse of its new Gold Eagle. The $20 Saint-Gaudens was commissioned by Theodore Roosevelt to create coins of awe like the ancient Greek and Roman coins. The date, situated to the viewer's right of Miss Liberty, appears in Roman Numerals in the years from 1986-91 it has appeared in Arabic Numerals ever since.
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Bullish investors may choose to leverage their position by borrowing money against their existing gold assets and then purchasing more gold on account with the loaned funds. In order to keep the cost of debt to a minimum, these individuals would normally seek a loan in the currency with the lowest borrowing rate, which, as of April 2006, was the Japanese yen. This technique is referred to as a "yen-gold carry trade". Leverage may increase investment gains but increases risk, as, if the gold price decreases, the investor may be subject to a margin call. Leverage is also an integral part of buying gold derivatives and unhedged gold mining company shares.
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Does it pass the silver coin ring test? Silver coins have a distinctive ring when held on the tip of a finger and tapped with another coin. Be careful doing this test, though; you don't want to ding or damage the coin, or drop it onto a hard surface, so use some judgement. The ring test can be helpful when all other easy methods of checking are inconclusive. Remember, if something ever feels "wrong" about a silver coin, don't buy it! Trust your instincts! And if you've already bought it, send it back!
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Some 50 dollar gold coins Stories

Year-End Round-Up From the Web

As I have been putting together my own coin-related year-end round-up coverage, I can't help but notice some of the truly outstanding summations being published by other numismatic writers. ...

Paul Green's "evergreen" articles in Numismatic News

Mon, 15 Sep 2008 04:40:00 +0000
For the past few years, each time I visited my local newsstand on the corner I would reach for the latest issue of Numismatic News (NN). I would immediately look for any articles written by Paul...

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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 ...]

Nearly 3.8 Million Pennies Collected in Colorado by Penny Harvest Students

Tue, 30 Dec 2008 18:15:14 +0000

Penny Harvest cents Colorado students in 31 elementary, middle and high schools collected nearly 3.8 million in pennies, or $37,826.02, for local charities during the 18th annual Penny Harvest.

The Penny Harvest is a national program that comes to fruition each fall when children scour their neighborhood in search of pennies.

Collected pennies are tallied toward year's end with youthful philanthropy in full stride as students select charities of their choice to help with cash grants and services.

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