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Politicians Afraid Of The Gold Standard
While ďgoldĒ may be a hot buzz word in financial circles, it canít be said to be the same in political circles. While Ron Paul has championed the idea of a new gold standard, the idea has hasnít been eagerly adopted by either the Republicans or the Democrats.
Possible Debt Limit Solution?
The second government shutdown in 17 years leaves the U.S. Mint as one part of the government that is not being affected by the current shutdown that has closed those parts of the government that are not deemed to be essential to operate.
Who is allowed to legally issue money in the United States? That would depend on who you bother to quote. The founding fathers of our country made it clear that the power to create money should not be taken lightly.
Scrip is any substitute for currency which is not legal tender. Scrips have gained historical importance and have become a subject of study in numismatics or exonumia due to the wide variety and abundance of them.
Proof Coins Are Always Popular
Proof coins are considered to be the finest examples of medallic art. Anyone who collects proof coins would certainly agree. These specially made coins are struck more than once, thus showing off every detail of that individual coinís design.
Pruning Your Coin Collection
As a coin collector, you will encounter many limitations building your collection. Decisions can be tough to make when redefining you collecting interests. Find out why pruning your coin collection is so important.
PVC Residue On Coins
Polyvinyl chloride damage is caused by storing coins in soft plastic flips that contain polyvinyl chloride (PVC.) PVC generally manifests as a light-to-dark greenish residue, although it can appear as milky or light grey in color.
Rare Coin Investment Risks
People make investments of different kinds in the hope of increasing their return on the money invested. Any type of investment has its own inherent risks. Risk has an inverse relationship with returns. The riskier the investment the higher the returns usually are.
Red And Blue Ration Tokens
The Office Of Price Administrationís red ration tokens ran in a series of 30 two-letter combinations and could be used to purchase meats, fats, fish and cheese. The blue token series could be used for purchasing processed foods.
Revaluing U.S. Currency Bad Idea
There has been some talk in some coin collecting periodicals on the revaluing of our currency. The articles have mainly focused on the supposed benefits of doing it.
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