california gold coins Updates

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Gold & Silver Coin Bullion News

Metal and water do not go well together! Almost everyone intuitively knows to keep their coins from getting wet but many collectors do not realize that even the moisture present in the air (humidity) can be enough to cause damage. Silica gel absorbs moisture that makes its way inside your safe deposit box, safe or other storage area preventing it from reaching your coins and causing damage. Silica gel can be easily reactivated in the oven when it has absorbed as much moisture as it can hold. Before shopping for silica gel, measure the size of the area to be protected and then buy the appropriate size of silica gel for storage space.
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Gold coins are one of the oldest forms of money. The first gold coins in history were coined by the Lydian king Croesus in about 560 BC, not long after the first silver coins were minted by king Pheidon of Argos in about 700 BC. Another ancient one is chinese 6th or 5th BC Ying Yuan
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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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Gold prices have seen an upward trend in the past 3 years. Though the earlier decades saw a relatively poor performance by the precious metal, gold prices are likely to rise steadily over the longer term. This investment opportunity is showing an upswing again. With uncertainty in the stock market and decline in the US dollar, investors are taking a fresh look at gold as an investment option. Gold works as a perfect hedge against investment in other assets. In fact, when other investments take a beating, gold investment tends to stabilize. As a long term investor, holding on to gold investment is a good tip.
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For the new collector, satiny luster is more difficult to understand and appreciate than frosty luster. This is due to the fact that it is more subtle in its appearance. As an example, the luster on the coin shown above is excellent in-hand and shows very few breaks in the fields. But most collectors would think this coin has a considerable amount of wear; due to its subtle luster and, obviously, the weakness of strike at the centers.
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Some california gold coins Stories

The Original Commemorative Quarter

Fri, 11 Jul 2008 13:12:28 +0000
We’ve entered the last year of the popular modern commemorative quarter program. For better or worse, all fifty states have created designs and the final mintages will hit the nation’s cash registers during the remainder of the year. While I find these final five designs attractive, they (like their modern predecessors) lack the historical depth ...]

Teletrade Realizes Second Million-Dollar Auction in One Month

Thu, 03 Jul 2008 01:17:06 +0000

Coin Auction Total for June Goes Over $4.75 Million! Teletrade Special Friday Auction on June 27 Tops $1 Million, With Five Coins Exceeding $100,000 Each.

IRVINE, Calif. – Teletrade, America's largest fully automated Internet auction company for certified coins and currency, hosted a very special Friday online auction on June 27, 2008, in addition to their three regular weekly auctions.

Teletrade Auction 2549, consisting of just more than 200 exclusive certified coin lots, realized an outstanding $1,050,000, bringing Teletrade's June auction total to more than $4.75 million, a record high month for Teletrade prices realized!

This special Friday auction featured an amazing selection of certified coins highlighted by another original hoard of PCGS Green Holders, including many Wells Fargo $20 pieces, auctioned alongside a variety of other extraordinary U.S. rarities certified by PCGS and NGC.

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ANA Resolves Litigation with Nebel, Former Employees

Wed, 09 Jul 2008 02:37:17 +0000
The pending litigation between the American Numismatic Association and John Nebel and former employees Susie Nulty, Lawrence Lee, Ph. D. and Wayne Abraham has been resolved to the mutual satisfaction of the parties, Executive Director Larry Shepherd announced today.
The resolution followed several meetings between the ANA and John Nebel in which the ANA agreed to ...]

Krause Issues 3 New DVDs

Fri, 27 Jun 2008 01:47:11 +0000
Three new DVDs filled with thousands of listings and prices for coins and paper money have been released by Krause Publications.
They are the official DVDs of 2009 U.S. Coin Digest, 7th Edition, $9.95; 2009 Standard Catalog of World Coins, 1901-2000, 36th Edition, $44.95; and Standard Catalog of World Paper Money, Modern Issues, 1961-Present, 14th Edition, ...]