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Tuesday, November 11, 2008

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Occasionally, someone will come up with a new (and usually foolproof) method for coin restoration, whether dipping the coins in ketchup or vinegar or Coca-Cola. What these methods usually involve is dipping the coin in a very weak acid to restore the surface. Most of the time, they can ruin the toning (that's what acid does), causing a valuable coin to lose most of its value.
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The hobby of collecting old paper money is still much less widespread than stamp and coin collecting, although interest is growing every year. Many stamp and coin collectors are now considering banknotes as the promising new collecting frontier. The hobby holds many of the same pleasures as stamp and coin collecting: One gets the same thrill at finding that elusive item to fill a gap in a series or a set. There is the same reverence one feels for owning something that has been preserved in perfect condition for a hundred years. There is the same satisfaction of travelling to a collector's fair to hunt down bargains and meet fellow enthusiasts and develop one's knowledge.
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Historically the U.S. Treasury has issued many different types of notes. These notes bear numbers and seals in a variety of different colors that are distinctive to the type of note. The most common note in circulation today, and the one that we are used to seeing, is the Federal Reserve note bearing a green seal and numbers. Following is a listing of the note types and seal colors:
Silver Certificates---blue seal
United States Notes---red seal
National Bank Notes---brown seal
Gold Certificates---yellow/orange seal
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Make sure to store your coins in a very safe place. You've worked so hard to own your diversified collection of gold coins. The last thing you want to happen is lose your collection due to fire, theft, or some other unforeseen issue. Make sure to store your coins in a very safe place so you can sleep sound at night knowing your assets are protected. I highly recommend a safe deposit box at your local bank. Also, there are third party safe houses that specialize in storing gold and precious metals. Taking the diversification theme to the next level, why not spread your collection (once it gets big enough to warrant doing so) among multiple safe deposit boxes and locations. You'll sleep better and night knowing your collection is safe and sound through a diversified storage strategy!
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Your Latest 5 dollar liberty gold coins News

Bank of Valletta Buys Rare Malta Coins

Tue, 14 Oct 2008 13:33:05 +0000
Bank of Valletta has purchased rare coins of the Knights of the Order of St John which were on sale at an auction in London.
The coins are an outstanding example of fine 16th, 17th and 18th century coins that will enhance the local numismatic collection, the bank said. The coins will initially be on display ...]

US Mint to Slash Future Coin Products, Offers Last Chance Sale

Mon, 10 Nov 2008 16:47:31 +0000
The United States Mint announced on Monday that it will discontinue more than 300 coin and medal products in 2009, to include several bullion coins, and it will conduct a "Last Chance Sale" to clear out out inventory in preparation for its move to a new fulfillment center.
 

"We are responding to the collector community which ...]

4. What Southern Republic declared its independence from Mexico during the Hard Times era?

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