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Saturday, November 08, 2008

Why I Like year 2000 gold coins

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After many revisions, the Great Seal became the national emblem in 1782. The back of the current U.S. $1 Federal Reserve Note displays images found on both sides of the seal. The obverse of the seal is found on the right side of the note and was designed by Charles Thomson. A bald eagle holds an olive branch with 13 leaves in one talon and arrows (the traditional American Indian symbol of war) in the other. The eagle is facing the olive branch to signify that peace is preferable to war. Written on the ribbon above the eagle's head is the national motto in Latin "E PLURIBUS UNUM," meaning "one from many" or one country composed of 13 states. The 13 stars, leaves, letters and stripes denote the 13 original states or the Continental Congress. The reverse of the seal, located on the left, was submitted by William Barton and displays a pyramid, a symbol of strength and permanence, however the structure was left incomplete, just as the United States continues to grow and build. The eye in the triangle overlooking the pyramid suggests the "all-seeing Deity" emphasizing spiritual welfare, while also recognizing education and freedom of knowledge. The Latin phrase "ANNUIT COEPTIS" translates "He (God) has smiled on our undertakings." The mottos have 13 letters, and there are 13 steps on the pyramid. "NOVUS ORDO SECLORUM" means "A new order of the ages." The date at the base, 1776, refers to signing of the Declaration of Independence on July 4, 1776.
Buy silver dollars for a great investment.

U.S. Silver Certificates are still valid forms of legal tender, however some may carry numismatic value as well. Early "Large Size" notes are particularly sought after, and depending on condition, can command high numismatic values. Later "Small Size" issues in crisp, uncirculated condition may also hold a premium over face value. However, notes that have been in circulation and are folded and/or torn will probably carry only legal-tender value.
Buy Canadian Maple Leaf silver dollars for a great investment.

China: Panda gold coins. These charming, high-demand coins are renowned for being among the world's most beautiful.
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How does the silver coin's edge look? If the coin edge should be reeded, and isn't (or vice versa) this is a giant red flag, since mint errors of this type are very rare. Also, if the coin has a seam around the edge, a bit of a protrusion on the edge that could be a casting sprue, or file marks indicating a sprue or seam was removed, don't buy the coin!
Buy gold coins.

Cherrypicking is the art of searching through coins, looking for the specimens that have been overlooked for some reason. When searching through rolls of coins that you from your local bank, you might be cherrypicking for die varieties or older dates (such as looking for Wheat Pennies among the circulating Lincoln Memorial Cents out there today.)
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