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The Kangaroo gold coin was first produced in 1986. The Australian Gold Nugget/Kangaroo coin is one of the most popular coins created by the Perth Mint in Western Australia. Perhaps the most diverse of any nation's bullion coinage, the Gold Australian Nugget/Kangaroo is minted in eight different sizes from 1/20th of an ounce all the way up to 1-kilogram. The design on the reverse originally depicted natural Australian gold nuggets (example right), with different designs for various sizes. The design theme changed in 1989 to feature the most recognizable animal in Australia, the kangaroo (example above). For this reason, the coin is referred to both as an Australian Nugget and Kangaroo.
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At one time, it was speculated that the notes signed by Treasurer Joseph W. Barr would eventually hold a high numismatic value since he was in office for only 23 days in 1968-69. However, during that period, a total of 484 million notes were produced with his signature. The high quantity produced dictates that the notes will never be considered rare in our lifetime. Interestingly, in 1995, numismatic author Alan Herbert stated, "A $1 Barr note deposited in an interest-bearing account in 1969 would have been worth over $4.00, figuring 6% interest compounded annually. A circulated Barr note kept in a safe-deposit box for 26 years is worth $1 today
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3. Which Federal Reserve Bank is referred to by the letter E and numeral 5?

Should I invest in rare coins? (Part 1)

Sun, 09 Mar 2008 05:36:00 +0000