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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.
Promoting Coin Collecting
Collecting coins can be fun and profitable if pursued properly. But you often hear the cries as to why the hobby is supposed to be losing collectors left and right. Our current crappy economy is one reason why coin collecting isn’t growing. But coin collecting doesn’t have to be an expensive hobby.
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 coin’s 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 Administration’s 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.
Respect Between Dealers And Customers
Much has been written in some coin collecting periodicals on the conduct of some coin dealers. They have been referred to as “Rogue Dealers.” This name isn’t quite correct.
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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