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Friday, August 01, 2008

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Mexico: 50 Peso 1947 golf coin. Mexico's silver and gold coins are highly collected due to the common border shared between Mexico and the United States.
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In November 2005, Rick Munarriz of Motley Fool.com posed the question of which represented a better investment: a share of Google or an ounce of gold. The specific comparison between these two very different investments seems to have captured the imagination of many in the investment commuity and is serving to crystalize the broader debate. At the time of writing, a share of Google's stock and an ounce of gold were both near $700. On January 4, 2008 23:58 New York Time, it was reported that an ounce of gold outpaced the share price of Google by 30.77%, with gold closing at $859.19 per ounce and a share of Google closing at $657 on U.S. market exchanges. On January 24th 2008, the gold price broke the $900 mark per ounce for the first time. The price of gold topped $1,000 an ounce for the first time ever on March 13, 2008 amid recession fears in the United States.
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Does it pass the silver coin ring test? Silver coins have a distinctive ring when held on the tip of a finger and tapped with another coin. Be careful doing this test, though; you don't want to ding or damage the coin, or drop it onto a hard surface, so use some judgement. The ring test can be helpful when all other easy methods of checking are inconclusive. Remember, if something ever feels "wrong" about a silver coin, don't buy it! Trust your instincts! And if you've already bought it, send it back!
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Be especially careful not to push dirt around a coin's surface. Coins are generally made of soft metals, so anything harder than them (like small rocks) will leave scratches that can destroy the coin's value.
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Some morgan silver dollars Stories

A Purist’s Lament

Sun, 18 Nov 2007 14:49:21 +0000
Photos used with permission and courtesy of Heritage Auction Galleries

You know you have too much time on your hands when you find yourself creating an Excel spreadsheet just to calculate the total number of Buffalo nickels minted from 1913 to 1938. But you can always defend yourself by telling the world you have a good ...]

2. Name the Mexican coin of 1984 that can be used in some vending machines as a U.S. quarter


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Does the silver coin pass a magnification check? Although the methods listed above will usually enable you to rule out most fakes (especially the weight test,) sometimes close examination under a strong magnifier settles the matter. Look for silver plating that failed to fill into tiny spots and crevices. Look at the edge of the coin to see if the plating is visible where the rim meets the side; also look between the reeding. Sometimes just looking at the fields under 10x is enough to condemn the silver coin as a fake, because the fields may appear rough, or have spots of copper or other non-silver impurities.
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The performance of gold bullion is often compared to stocks. They are fundamentally different asset classes: gold is a store of value whereas stocks are a return on value (i.e. growth plus dividends). Stocks and bonds perform best in a stable political climate with strong property rights and little turmoil. The attached graph shows the value of Dow Jones Industrial Average divided by the price of an ounce of gold. Since 1800, stocks have consistently gained value in comparison to gold due in part to the stability of the American political system.This appreciation has been cyclical with long periods of stock outperformance followed by long periods of gold outperformance. The Dow Industrials bottomed out a ratio of 1:1 with gold during 1980 (the end of the 1970s bear market) and proceeded to post gains throughout the 1980s and 1990s. The ratio peaked on January 14th, 2000 a value of 41.3 and has fallen sharply since. William Anton III wrote in the 2004 issue of Jefferson Coin and Bullion "...downward movement in the Dow/gold ratio is unlikely to stop precisely at the mean trendline. The extreme distension of the the 90s will likely overshoot to the opposite extreme in the current cycle."
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Old gold coins should never be cleaned. But it's not just excited treasure hunters that make this mistake. Even archaeologists working with ancient coins come under fire for the practice of restoring ancient coins, although in their case it may be necessary in order to see the coin well enough to properly date and categorize it. Those coins will not end up in most collections. But then again, archaeologists are not trying to preserve numismatic value.
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Gold mining shares are another method of investing in gold, though not directly. Increase in gold bullion prices will lead to an increase in gold mining share prices - On this premise, many investors take up gold mining shares.
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Music and laughs are worth trip into LAVentura County Star, CA - 9 hours agoHe began with "Brief History of My Life," a song brightened up by all sorts of oddities such as when his then-girlfriend Jewel met Mark McGwire

Tue, 29 Jan 2008 17:26:49 +0100
Minnesota Public Radio, MN -His song "Yesterday" is listed as the most covered song in history and has been played more than 7000000 times on American television and radio. ...

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Did you lose your coin collection in the woods?

Wed, 25 Jun 2008 05:57:00 +0000
Collectable Coins Found in Litchfield/Morris, CT

State Police Looking for Owner

On Thursday June 12th, 2008 the State Police initiated a found...



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United States Mint Unveils Modern Ultra-High Relief Double Eagle Gold Coin

Wed, 30 Jul 2008 03:27:47 +0000
Secretary of the Treasury Henry Paulson announced that pursuant to Public Law: 31 U.S.C. § 5112(i)(4) the United States Mint will issue a one-ounce ultra-high relief 24-karat gold coin, creating a 2009 version of what many have called the most beautiful gold piece ever made: the Ultra High Relief Saint-Gaudens $20 Double Eagle.

Aided by advancements ...]

Top 10 Rare Coin Purchasing Strategies

Sat, 31 May 2008 03:59:56 +0000
Republished from Pinnacle Rarities
These strategies were composed upon considering the true case of two collectors, who in 1996, two collectors decided to assemble a million dollar collection of high grade United States coinage. Seven years later, both decided to sell. One now has a collection that is worth upwards of $2 million while the ...]

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