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Continued War On The Cent
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.
Coronet Gold $5
Gold has been the most sought after metal in nearly every civilization as far back as can be remembered. Granted you can’t drink gold, you can’t really eat it or drink it, or use it as fuel. Even though it doesn’t satisfy any of our basic necessities, it is still highly sought after.
Cost To Produce Cent And Nickel Drops
The good news is that the Mint has been able to reduce the cost to produce the cent and the nickel. The bad news is that it still costs more to produce both coins than their face values.
Could Your Coin Collection Be Protection?
It is quite possible that Social Security payments could be adjusted higher by less than 20 percent to adjust for inflation and the cost of living. The real question is how high is the “real” inflation level.
Counterfeit Coin Detection
A special machine does the stamping of coins to make them genuine. People who counterfeit coins are well trained and have the capacity to manipulate their duplication - especially those rare coins which have high value among collectors. The most common procedure used in counterfeiting is that they p
Daniel Boone Half Dollar Commemorative
This half dollar was issued from 1934-1938 and was minted at all three mints. In the year 1935, the date “1934” was added to the field on the reverse, resulting in two different versions of the coin. As such, there was a 1935, a 1935-D, and a 1935-S that can be had with or without the “1934” date.
Debasing Our Currency
When the federal government gets in to a financial bind it does what many governments have historically done, it prints more paper money. This was the Continental Congress’ answer to a financial crunch in the 18th century, and it is still the most popular “economic fix” on Capital Hill today.
Design Types of US Coins and Coin Collecting
Coin collecting is a fun hobby that anyone who has the time can do. A coin’s history and its development can be learned by collecting them.
Different Types Of Collectors
Many coin collectors have heard that there are two types of collectors: hobbyists and investors. However there are many other types of collectors, besides what most collectors are familiar with.
Do Your Homework Before You Sell Your Coins
There is an old Chinese proverb that is quite suitable for today’s times: “May you live in interesting times.” Such are the times we live in today. Precious metals prices move in 10 percent movements in a matter of days.
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