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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.
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.
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.
Rare Coins Slaves To Bullion
Are the precious metals and collectible coin market one and the same? An argument for a "yes" vote has some merit. If you ignore the truly scarce to rare coins for a moment, how many of the lesser coins of gold or silver buck this trend when these two metals are either rising or falling?
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