On St. Valentine's Day 1966, Australia "went decimal." The imperial-based coins and notes that had served the country since federation at the turn of the century were swept aside. They were replaced by new Australian dollars and cents. The two existing Australian mints have contributed coins to mark

2016 is a new year and the war to abolish the cent is gearing up for a new campaign. There are many arguments for getting rid of the penny. Most stem from the cost of the metals used in the composition of the cent. Current costs are that it cost 1.5 the face value of the penny to produce it.

Some experts are claiming that coin prices re acting more like commodities. Many financial networks have recently reported prices and sales for cut and polished stones are down eight percent during 2015. Uncut stone prices declined by 15 percent during the same period. Other collectible items have d

This could be the first step for ISIS to issue its own currency or it could be a new way for the leadership of the organization to make a quick profit. One thing is for certain, ISIS has outlawed the use of the two largest denomination notes issued by Syria.

Some coins are not as tough as their mintages might suggest, and the 1927-D Standing Liberty quarter seems to such a coin. There are a number of reasons why the 1927-D is more available than would be expected. The starting point for the 1927-D is its low mintage of only 976,400.Once a mintage of the

Rarer and more desirable coins are selling for unheard of prices at public auctions, but there is less demand for lower end collector coins. It appear there is more interest in U.S. Mint made-for-collector products as they are being released than there is in the more traditional business-strike coin

After Sept. 30, 2016, no more mail orders will be accepted by the U.S. Mint. After this date, only online orders and telephone orders will be accepted. The question is how many collectors will this really affect? There isn't a hard number answer to this question, though the number is likely to be ra

Most coin collectors are "mass collectors." What this means is that there is no rhyme or reason to the types of coins they collect. In plain language they collect coin haphazardly with no logic to their selection. Collecting coins this way practically assures that one will have few coins that will m

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

It appears that some people are starting to get the message that the spot price of silver may be hitting bargain basement price levels. There are many coin dealers who are reporting client orders for the purchase of significant amounts of silver, regardless of whether it is in the form of coins or