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The US $20 gold coin ("double eagle") has raised lettering around its rim. If the coin is uncirculated, the letters will be flat on top. If slightly rounded, and the coin is uncirculated, it is a counterfeit. However, some counterfeits do not have this defect. There are other counterfeit double eagles in which the gold and copper alloy was not thoroughly mixed. These counterfeits will have a slightly mottled appearance.
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The most common luster seen on United States gold coins, especially those from the 19th century, is frosty in texture. Frosty luster can be extremely attractive. I would describe it to the new collector as having a hard look and it is most associated, in my experience, with coins produced at the Philadelphia and San Francisco mints.
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The South African Kruggerand gold coins are the world's first gold bullion coin minted for investment, the Krugerrand is believed to be the most widely owned bullion coin in the world. The Krugerrand's obverse, designed by O. Schultz, features the first President of the South African Republic, Paul Kruger. Due to Kruger's relationship with Apartheid, these coins are the least expensive of all the major gold bullion coins. Kruger is surrounded by the name of his nation in Afrikaans and English, two of South Africa's eleven official languages: SUID-AFRIKA � SOUTH AFRICA
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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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After adoption of the Constitution in 1789, U.S. Congress chartered the First Bank of the United States untill 1811 and authorized it to issue paper bank notes to eliminate confusion and simplify trade. The bank served as the U.S. Treasury's fiscal agent, thus performing the first central bank functions.
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us gold coins on ebay News
4. Is an indented error an example of planchet, die or striking error?
How do you value a truly rare coin anyway?
Sun, 09 Dec 2007 04:21:00 +0000
A few days after my recent post on the difficulties of valuing my unique mint state 1860-O $20 gold double eagle, a similar article appeared on this topic by coin dealer Rusty Goe. His article...
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Harmony confirms 80% of poweriAfrica.com, South Africa - 15 minutes agoHarmony Gold Mining confirmed that it was allocated a further five percent electricity supply on Tuesday following meetings with South African power utility ...HMYUpd
Wed, 30 Jan 2008 12:49:26 GMT
The Times, South Africa -By noon, the JSE�s broader all share index had collected 1.1%, led by a 2.52% advance in the gold mining index. Resources were up 2.06% and the platinum ...
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posted by Morgan Silver Dollar Man @ 6:37 PM
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