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Coins May Replace Nigerian Notes
A scarcity of small-denomination cash, inflation, the high cost of production and rampant counterfeiting are many of the reasons why Nigeria is currently considering replacing several bank note denominations with coins. Particularly vocal on this issue is Mustapha Bukar, who represents the Katsina,
Coin Collecting Rules
Coin collecting is something that takes time to learn. The most important thing to remember is that you are doing it for the right reason - if it is a passion, then it is something worth pursuing.
Commemorative Medals And Coins
Commemorative coins have become very popular. Many people want to have different kinds of coins in their collections or for souvenirs. Many times they are used as traditional gifts for special occasions. These coins are not considered to be practical gifts, bur are commemorative items that can be ke
Should Collecting Outrank Investing?
This is always an ongoing debate among coin collectors. Should you be a collector or a rare coin investor? A recently auctioned Proof-63 1804 silver dollar realized a disappointing $3.5 million. This could be a classic example of why some collectors say you should be a collector rather than an inves
Collecting coins is so much fun! It is both a hobby and a source of income for many. One type of coin that you may want to consider collecting is ancient coins. Many collectors hesitate to buy ancient coins to collect because they can be terribly expensive. What is most important is the uniqueness o
How To Buy Bullion Coins
What are bullion coins? These coins may have high values because they are not only limited; but also they may have been found in shipwrecks, or they may come from the ancient times. Bullion coins are the type of collector’s items that many people look for.
Collecting U.S. Coins
Some people are born to love money; whether they spend it or just collect it, they are simply born to love the way money provides them the kind of gratification that they need.
Are Rare Coins A Good Investment?
Are rare coins a good investment? This question will get you no shortage of conventional responses. The most common answer is likely: “Who Cares!” Many collectors would say that if you are trying to save for your retirement by investing in coins, then you are in serious need of a financial planner.
The Coming Cashless Society
Sweden’s Sverges Riksbank or central bank is the central bank now in the spotlight in the rush to form a cashless society. This central bank is considering offering a government sponsored digital currency that would be called the e-krona. Recent statistics indicates a significant decline in the use
Cent And Nickel Out?
Recent legislation is calling for the end of production of the U.S. cent, the $1 Federal Reserve Note and a change to the composition to the nickel. This legislation has been introduced in the U.S. Senate by Senators John McCain and Mike Enzi. Rather than an outright abolition, the bill calls for a
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