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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.
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.
Purity: Is it a known fake or forgery?
Itís very easy to mistake a coinís true worth if the coin has been debased in some way. This can have been done in a number of ways, but one of the most common is by substituting lower base metals for a coin which is supposed to have silver, gold or platinum.
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.
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