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The Coming Cashless Society
Sweden’s Sverges Riksbank or central bank is the central bank now in the spotlight in the rush to form a cashless society. This central bank is considering offering a government sponsored digital currency that would be called the e-krona. Recent statistics indicates a significant decline in the use
Cent And Nickel Out?
Recent legislation is calling for the end of production of the U.S. cent, the $1 Federal Reserve Note and a change to the composition to the nickel. This legislation has been introduced in the U.S. Senate by Senators John McCain and Mike Enzi. Rather than an outright abolition, the bill calls for a
Less Germs From Cashless Society?
There are many ongoing pro and con discussions about a cashless society, in which all monetary transactions take place digitally. Some proponents would agree that a few of the arguments both for and or against make some sense. Then there are the marginal arguments some of which include the idea that
Bullion Buyers Getting Picky
Bullion Eagles are crashing. February sales took a sharp dive. Silver American Eagles in that month saw sales drop by 75 percent from February 2016. The 1,215,000 number compares to 4,782,000 a year ago. Gold Eagles dropped in sales volume too, but by a slightly less jarring monthly decline of 67 pe
Third Party Coin Grading Services
Coin collecting has been a very popular hobby to many people of all ages. The marketing of coins has expanded widely and because of this wide the market prices of coins has varied immensely.
Bullion Pushes Up Common Date Prices
Common gold date gold coins are appreciating noticeably of late. Most of this activity is due to the spot price of the metal as it is being impacted by the fluctuations in value of the dollar in international trade rather than due to any change in collector activity.
Commemorative coins have become very popular. Many people want to have different kinds of coins in their collections or for souvenirs. Many times they are used as traditional gifts for special occasions. These coins are not considered to be practical gifts, bur are commemorative items that can be ke
New Bull Market For Coins
It looks as if we might be seeing the beginning of a new market on the move. Coin dealers seem to be more optimistic than they have been in the past year. The recent Florida United Numismatics convention has been deemed a success by dealers, collectors, and those conducting the auction.
Hobby Of Kings
Most people engage in different activities that they consider hobbies. When people consider a particular activity as a hobby, it means that people find that activity pleasurable in that they enjoy collecting different kinds of coins.
Mint Proof Sets Get Small Boost
Some coin dealers have raised the bid price modestly for relatively recent proof sets. Of late, prices for U.S. Mint products have remained stagnant and often close to their wholesale levels. The retail buyers for these proof sets are usually inexperienced marginal collectors. Most of these collecto
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