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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 isnít growing. But coin collecting doesnít 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 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 1902-S Morgan
By 1902 the production of Morgan silver dollars was in decline. Our country was awash in silver dollars that no one seemed to want at the time. Vaults all over the country were filled with Morgan dollars just waiting for some type of commercial use.
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.
Red Indian Head Cents Are Hot
Collectors are starting to turn their eyes and wallets to different Indian Head cent varieties, correctly graded key dates and those cents with the original red color. This series is somewhat well known for varieties. There are a number of outstanding errors and varieties to look for, plus a few wei
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