The Best Information on buying rare gold coins
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1840 $1,000 Bank of the United States notes: Any note with the serial number 8894 is a replica that was made in the 1960's for a promotional giveaway in cereal boxes. These replicas are essentially worthless. These replicas are made from yellowish-brown "antiqued" paper that is crisp and brittle to the touch. The genuine $1,000 Bank of the United States notes are printed on thin banknote paper that was originally white or cream colored. One supposes that if a genuine note with the serial number 8894 ever were to show up that it is likely to cause quite a stir among dealers and collectors who have grown weary of answering questions regarding this particular replica.
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Most paper money dealers don't have stores in the same sense as coin dealers. Most transactions occur through the mail and over the phone. It may seem less than ideal initially, but it works very well. Nearly every dealer who works through the mail offers a money-back, no-questions-asked policy. If the note you buy is not really the one you want, you can almost always return it.
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An added benefit of your gold investment is it will hedge you against inflation, the savers worst nightmare. Inflation means the dollars you have saved for your down payment are worth less each day. As inflation rises, however, gold will appreciate in value to help counteract the lower value of your dollars. This is very similar to how oil stocks provide a hedge against higher gasoline prices. This is a more advanced investment topic and should not be your primary concern but is worth consideration. If you're only buying one coin, it's not going to provide a huge amount of insurance against inflation but it's nice to know you have some protection. Most importantly, it's a great feeling to know that luck is on your side. Buy a gold coin and you will start noticing good things happening in your life. Buy a gold coin and you will quickly save enough money for your mortgage down payment on the home of your dreams.
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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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Old U.S. Federal Reserve Notes, 1928, 1934, 1950, 1963, etc. Most circulated Federal Reserve Notes from more modern series are worth no more than face value. Some of the early series notes (1928 and 1934) do carry a small premium, although for circulated notes this premium is small, usually 10% to 30%. Premiums are higher as a percentage of face value for lower denomination notes, such as $5 and $10 bills, as opposed to the higher denomination $20s, $50s, and $100s. Uncirculated notes and Star Notes of some of the earlier series do carry a large collector premium in some cases, and we highly recommend the standard reference book in this field, the Standard Guide to Small Size U.S. Paper Money (1928 to date), by Dean Oakes and John Schwartz, for more information.
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french napoleon gold coins News From Around The World
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 ...]
Wrong-planchet Half Dollar Found
Thu, 12 Jun 2008 10:29:03 +0000
By Ken Potter for Numismaster
A wrong-planchet half dollar dated 1980-P with a four-digit value has been found. A Pennsylvania hobbyist reported it May 30.
“I found this 1980-P Kennedy half in a roll yesterday and I think it might be a wrong planchet error but I’m not sure. There is only a slight trace of reeding ...]
New Lincoln Cents Spur Impossible Dream
Sun, 23 Nov 2008 05:09:00 +0000
You know you are getting old when you remember the last time the Lincoln cent had a design change. It's almost like reaching an age where you get your first AARP solicitation in the mail as every 50...
This is a content summary only. Visit my website for full links, other content, and more! ]]
Proof ’38 nickel with serif seen
Wed, 25 Jun 2008 11:04:54 +0000
A new variety of the proof 1938 Jefferson nickel has been announced by Michael S. Fey, Ironia, N.J.
The coin has a serif at the lower end of the “S” in TRUST as compared to no serif on the previously known examples.
Fey made the announcement after researching the coin first shown to him by an unidentified ...]
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