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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
Commemorative Coins Abuse
The issuance of commemorative coins has apparently been an ongoing problems for a number of years. A number of years ago Congress read a scathing report on a number of abuses associated with the issuance of commemorative coins and attempted to remedy the situation.
Commemorative Coins Versus Commemorative Stamps
Stamp collecting and coin collecting have at least one thing in common, commemorative items. Commemorative stamps generally get a good reception in the stamp collecting community. However, commemorative coins seem to be more controversial to coin collectors.
Consider Buying Smaller Gold Coins
If you have considered buying gold coins, now might be the time to do so. consider buying the smaller denomination gold coins. Indian Head quarter ($2.50) and half ($5) eagles make an affordable, yet attractive choice for gold coin collecting on a budget.
Consumer Groups Are Pushing For More $1 Coins
Despite the unpopularity of $1 coins with the public, believe it or not, there are some consumer groups that are still trying to pressure the Federal Government to circulate moreâ€”many more $1 coins. Groups like Citizens Against Government Waste, are getting very aggressive in there efforts to pus
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
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