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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...
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Proof ’38 nickel with serif seenWed, 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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In today's world of fiat currencies, buying gold coins still answers the need for sound money, as it has for thousands of years. Bullion coins have a proven ability to protect wealth and preserve one's purchasing power, and gold coins offer divisible size and are universally acceptable in a recognizable form. This makes the purchase of gold coins and the selling of gold coin convenient through reputable coin dealers. Monex is America's premier coin dealer because of its sizable buy-and-sell bullion and coin market. Billions of dollars in transaction volume is proof that Monex offers competitive gold coin prices, making Monex the preferred source for the purchase of coins. Whether it be for investing in pure 24k gold Vienna Philharmonic, American Buffalo, or Canadian Maple Leaf coins, or other monetary bullion coins like the Krugerrand or the US American Eagle, buying gold coins is a convenient method for wealth protection and profit potential.
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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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Most 1935 and 1957 series U.S. Silver Certificates are worth a very small premium over face value. Circulated examples typically sell for $1.25 to $1.50 each, while Uncirculated $1 Silver Certificates are worth between $2 and $4 each. Exceptions to these values include Star notes (where the serial number is followed by a small star in place of the suffix letter), and other various varieties and blocks including 1935A Hawaii and North Africa notes, Experimental notes, and various rare blocks and serial number ranges.
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In November 2005, Rick Munarriz of Motley Fool.com posed the question of which represented a better investment: a share of Google or an ounce of gold. The specific comparison between these two very different investments seems to have captured the imagination of many in the investment commuity and is serving to crystalize the broader debate. At the time of writing, a share of Google's stock and an ounce of gold were both near $700. On January 4, 2008 23:58 New York Time, it was reported that an ounce of gold outpaced the share price of Google by 30.77%, with gold closing at $859.19 per ounce and a share of Google closing at $657 on U.S. market exchanges. On January 24th 2008, the gold price broke the $900 mark per ounce for the first time. The price of gold topped $1,000 an ounce for the first time ever on March 13, 2008 amid recession fears in the United States.
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Gold accounts can be started with major banks. Typically those speculating in gold usually resort to this sort of account with commodity brokers or private bankers.
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You may be sitting on more money than you think
Sun, 23 Nov 2008 05:02:00 +0000
You might consider taking a closer look at all that loose change in your pockets, purses, wallets and sofa cushions. You see, there may be more cash in those coins than you think.
At bustling Renton...
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The Long Case for Dutch Gold ResourcesSeeking Alpha, NY - 14 hours ago� Participate in several gold trade shows per year. � Apply to list our shares on the American Stock Exchange. � Pursue our strategy of acquiring other ...Dubai 2007 GFri, 01 Feb 2008 23:18:18 GMT
The Market Oracle, UK -In Dubai, the gold trade increased 29% to $19.03bn in 2007. A total of 559 tonnes of gold was imported into Dubai in 2007, up by 14% from 489 tonnes in 2006 ...
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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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Throughout time, from the Greek and Roman ages to more modern times, civilizations flourished with sound money. The gold coin has proved to be the time-tested answer for societies desiring economic prosperity. The alternative, fiat currency, has resulted in the demise of prosperous civilizations since Roman times. The word "fiat" means by government edict. It is simply impossible for a government to magically proclaim sound money and reliable purchasing power of wealth with paper currency. This fact prompts Americans to consider investing in 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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Another type of luster seen on United States gold coins is satiny in texture. Satiny luster tends to be less attractive than frosty luster but it can be very appealing. I would describe it to the new collector as having asoft look and it is often seen on branch mint coins from the 19th century and on San Francisco issues from the 20th century.
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Royal Canadian Mint Puts a Shine on Montreal Canadiens Centennial Plaza Opening
Thu, 04 Dec 2008 23:21:10 +0000
MONTREAL, QUEBEC — Today the Royal Canadian Mint joined the Montreal Canadiens hockey club at the unveiling of the Centennial Plaza at the Bell Centre in Montreal. Four special gold coins to be permanently displayed at the foot of monuments honouring team legends Howie Morenz, Maurice Richard, Jean Béliveau and ...]
U.S. Mint's Presidential Dollar Campaign in Four Cities a Failure?
Fri, 14 Nov 2008 17:11:00 +0000
Little Deli in North Austin sees a lot of customers, but it doesn't see many of the new one dollar coins.
"You know, if we get one or two every couple of days, that's about all we're seeing right...
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