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Additional Numismatists Information

While obsolete gold coins are primarily collected for their numismatic value, gold bullion coins today derive their value from the metal (gold) content - and as such are viewed by some investors as a "hedge" against inflation or a store of value. South Africa introduced the Krugerrand in 1967 to cater to this market; this was the reason for its convenient and memorable gold content�exactly one troy ounce. It was the first modern, low premium (i.e. priced only slightly above the bullion value of the gold) bullion gold coin. Bullion coins are also produced in fractions of an ounce � typically half ounce, quarter ounce, and one-tenth ounce. Bullion coins do not carry a meaningful face value, as their value is mainly dictated by their troy weight and the current market price of the precious metal. (If a face value is minted on the coin, it is done for legal or other reasons and it is nearly always significantly less than the actual value of the coin.) Gold has an international currency code of XAU under ISO 4217.
You can buy presidential gold coins in our store.

A final area of coin investing to consider are the bullion coins, especially coins that are traded at close to spot price (as opposed to Proof Silver Eagles and other premium U.S. Mint offerings.) With the growth of China and India and the likelihood that they will become "superpowers" within the next generation, all precious metals are expected to rise over the long term. Copper, in particular, is expected to boom compared to current prices.
Buy world gold coins.

The usual benchmark for the price of gold is known as the London Gold Fixing, a twice-daily (telephone) meeting of representatives from five bullion-trading firms. Furthermore, there is active gold trading based on the intra-day spot price, derived from gold-trading markets around the world as they open and close throughout the day
Find rare gold coins for sale in our store.

If a coin has mostly numismatic value, the proof that it is authentic is critical. A coin that is not genuine would (assuming it is made of gold) have the same "melt value" as a genuine coin, but this may be next to nothing, relatively speaking, for a rare coin.
You can buy gold bullion coins in our store.

us early paper money price guide News

Doug Winter’s Market Report - Battle in Baltimore

Sun, 27 Jul 2008 12:53:59 +0000
Am I the only person who finds it astonishing that another ANA is upon us? Jeez, it seems like I just got back from last year’s Marathon in Milwaukee. But here we are already in late July and it’s time for the Battle in Baltimore. What can we expect from this bellwether show?
If you are ...]

China A-shares end morning mixed; China Life tumbles on profit ...Forbes, NY - 1 hour agoZhongjin Gold Co Ltd (SHA 600489) slipped 0.75 yuan to 116.20, while Shandong Gold-Mining Co Ltd (SHA 600547) advanced 2.01 yuan to 20.80. ...China

Wed, 30 Jan 2008 06:16:05 +0100
Macon Telegraph, GA -Several major mining companies, including AngloGold Ahsanti Ltd., Gold Fields Ltd. and Harmony Gold Mining Co., were forced to halt operations Friday ...

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Labels: 1889 silver dollars | 1950 silver dollars

posted by Coin And Paper Money @ 9:47 AM