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In 1775 American colonists issued paper currency for the Continental Congress to finance the Revolutionary War. The notes were backed by the "anticipation" of tax revenues. Without solid backing and easily counterfeited, the notes quickly became devalued, giving rise to the phrase "not worth a Continental."
Buy old silver dollars for a great investment.
Buy two Krugers though, and quantity price breaks make krugerrands cheaper, and therefore a better buy. Also while it is true that larger bars, such as one kilo ones sell for a lower percentage premium than krugerrands, they are not as easy to resell. Only a specialist gold dealer is likely to give you a good purchase price for gold bars, and then often with less enthusiasm than for krugerrands, sovereigns, or other highly marketable coins
Buy seated Liberty silver dollars for a great investment.
Coin collecting today is still a hobby that many people enjoy. One of the most precious and most expensive collections that anyone can ever have are those of gold coins. The most expensive gold coin ever bought was worth around eight million dollars. This was the American 1933 Gold Eagle. This is why the collecting of gold coins deserves to be called the hobby of kings.
Buy US paper money.
On my list of "do not buy" coins is those from the Franklin Mint and other premium collectibles mints (such as the Bradford Exchange, etc.) They are aggressive marketers who do sell genuine bullion coins (sometimes) but their coins usually do not have any after-market value among coin collectors and investors. You'll typically pay $45 plus for a one ounce silver coin that is only worth the value of its silver bullion when you go to sell it. (Silver bullion is at about $19 an ounce as I write this.)
Buy gold bullion coins.
Be especially careful not to push dirt around a coin's surface. Coins are generally made of soft metals, so anything harder than them (like small rocks) will leave scratches that can destroy the coin's value.
Buy 1884 silver dollars for your investment portfolio.
12oz chinese gold panda coins News
Treasured coin finds
Fri, 02 Jan 2009 22:05:00 +0000
You'd be amazed what you can find on a walk - a boy and his dad prove it
Every day, Keith Severin and his 8-year-old son, Adrien, go on a treasure hunt.
They take a walk somewhere in their Antelope...
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Treasure Found in 19th Century House
Fri, 10 Oct 2008 04:52:00 +0000
"I finally found my treasure!" my brother said into the phone. For the past 20 years he has lived in a 19th century house wondering if one day he might find hidden treasure. Maybe a stash of silver...
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1893 s silver dollars | 1972 silver dollars worth
Labels: value of morgan silver dollars | bu rolls morgan silver dollars | cc morgan silver dollars value
posted by Coin And Paper Money @ 5:41 PM
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