Coins

What is a Certified Coin?

What is a Certified Coin? First, a coin is purchased in its “raw” state by a trained numismatist. At this stage the risk of financial loss is greatest. Next, the coin is sent to the Numismatic Guaranty Corporation, an independent non-biased entity, which “certifies” its grade and [...]

THE USA PATRIOT ACT STRIKES HOME

Section 352, of the USA PATRIOT ACT, now states a provision that requires all “financial institutions” to establish Anti-Money Laundering Programs. Although a dealer “in precious metals, stones or jewels”, is a “financial institution” under the Bank Secrecy Act, [...]

1908 – 1929 Quarter Eagle ($2.50)

This $2.50 gold coin was the result of the efforts of Doctor William Bigelow, a friend to President Theodore Roosevelt. In early 1908, Bigelow suggested making coins with devices sunk beneath the fields thereby insuring that the highest points would not be easily worn away. . The late Augustus St. [...]

Real Estate Versus Rare Coins

Many readers have questioned The World of Money as to our feelings on the real estate market and the existence of a “housing Bubble”. Real Estate prices are rising to be sure. However, can this trend continue? Many point to the similarities of the go-go 80’s. The one quip that [...]

“Golden” Dollar turns

Have you noticed what the mint calls the 'Antique Patina' of the Golden Dollar. It seems the manganese-brass mixture in the alloy compound makes for a darker color than gold, much darker, brown in fact. As the coins are circulated, the golden color may wear off of the high points, exposing [...]

A COIN FIT FOR A KING

    Owing to a financial bankruptcy which is well documented in other issues of this publication, on April 5th, 1933, President Franklin D. Roosevelt outlawed the private ownership of gold in the United States. Americans were prohibited from owning more than $100 in gold coin. All gold [...]

The World is going Coin Crazy

      The U.S. Mint announced that the blistering pace of sales of the new year 2000 Maryland quarter in wholesale bags of 100 and 1,000 coins pushed the Mint to its first million dollar hour on April 3, with total single hour sales reaching $2.7 million. Yes, you heard correctly, [...]

Mint makes a mint!

Mint makes a mint! The United States Mint produces the hottest collectible product in history— 50 State Quarters. They estimate that 112 million Americans are saving State Quarters. A figure that’s projected to reach 150 million worldwide by 2008. 1994 was the first year the [...]

“Golden” Dollar turns brown

 Have you noticed what the mint calls the 'Antique Patina' of the Golden Dollar. It seems the manganese-brass mixture in the alloy compound makes for a darker color than gold, much darker, brown in fact. As the coins are circulated, the golden color may wear off of the high points, [...]

Alert! Alert! Mint releases new “Golden Dollar” coin

Alert! Alert! Mint releases new “Golden Dollar” coin A new dollar coin makes its debut Jan. 30. In 1997 Congress authorized the new coin made from a manganese alloy on a copper base. The Mint is using Madison Avenue tactics for the first time, to sell the public the gold-colored coin [...]
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