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6 Rules To Make Money From Your Coin Collection
Making a sizeable profit from a coin collection is not an easy proposition. If you don’t have unlimited resources, you will need to start slowly and stay within your budget. And it will require some hundreds of hours to become knowledgeable and the knowledge alone will not be enough to beat the mark
Gold Continues To Move Up
If you haven’t noticed what gold’s been up to, you may be surprised. Gold prices have been over $1,750 an ounce, while silver has been hovering around $35 an ounce. This is a far cry from the $1,500 for gold and $28 that silver started the year out at.
The Buffalo Nickel
One of our most beloved American coins has to be the Buffalo Nickel. With an Indian chief on one side and a buffalo on the other, this nickel’s design could have been pulled from a Wild West show poster. But such is not the case. The design stems from the fertile mind of sculptor James Earle Fraser
Politicians Afraid Of The Gold Standard
While “gold” may be a hot buzz word in financial circles, it can’t be said to be the same in political circles. While Ron Paul has championed the idea of a new gold standard, the idea has hasn’t been eagerly adopted by either the Republicans or the Democrats.
A Stamp's Grade And Condition
Most postage stamps are nothing more than small pieces of paper. One cannot emphasize the fragile nature of stamps enough. Even though stamps are normally printed on high-quality paper that will last for a long time, a stamp's longevity can be cut short by bad care. After a stamp leaves the post off
Artist's Currency Fooled Experts
n the late 19th-century some U.S. Painters were so adept at duplicating the government's Treasury notes with their paint brushes that the Secret Service confiscated at least one of the paintings.
1916 Was A Special Year For U.S. Coins
Some of the most beautiful and popular American coins were minted in 1916. In fact three of our most beautiful coins were first struck in that year. These new designs were featured on the dime, quarter, and half dollar. In fact none of these three coins shared the same design like the Barber series
In God We Trust
The motto “In God We Trust” was first used in 1864. This motto was first used on the two-cent piece that was minted from 1864-1873. All of these two-cent coins were minted at the Philadelphia Mint. The design of a shield on the obverse and a wreath on the reverse has never made the list of best coin
Silver Dollars Used To Support Silver Prices
The story of the Morgan silver dollar is related more to the silver that the coins are made from. For many years, the U.S. Mint had trouble finding enough silver to make the coins that were needed. That situation changed considerably when silver was discovered in Nevada in the late 1850s.
Some Other Issues To Consider
There are other types of gold buyers to be aware of besides the ones that advertise on radio or television, these are the ones that set up shop in a hotel for a day and are gone the next. They are usually just as shady if not more so than the radio and TV cash-4-gold scam artists.
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