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Saturday, July 19, 2008

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Before you buy gold or silver, always know the spot price of gold. You should expect to pay no less than the spot price of gold for popular gold bullion coins and bars. If the item is selling for a lot less than the spot price of gold, that is a big red flag. Why? Ebay is a relatively efficient market these days, especially as gold becomes more and more popular. If an authentic coin is selling at a steep discount to spot, you can buy it and sell it back to someone else for spot price and get an immediate profit (this is called arbitrage). In an efficient market, arbitrage should not happen. If you see a steep discount and it looks to good to be true, it probably is. Proceed with caution in that case.
Buy New Zealand silver dollars for a great investment.



1780 s silver dollars htm News From Around The World

Coin collectors, art dealers fear restrictions on Chinese imports

Wed, 28 May 2008 11:06:47 +0000
By Kevin Bogardus for The Hill
American coin collectors and art dealers say a rule under consideration at the State Department could dramatically decrease the importation of goods from China, crippling a booming antiquities market in the United States.
The State Department has not yet imposed any restrictions, but officials are considering requiring shippers to provide documentation ...]

Lawsuit pries loose documents, more being contested

Tue, 27 May 2008 11:14:57 +0000
Peter Tompa summarizes the first round of releases of information under the FOIA lawsuit launched by ACCG, IAPN and PNG.
The State Department has made its initial disclosures in response to the Freedom of Information Act lawsuit brought by the ACCG, the International Association of Professional Numismatists and the Professional Numismatists Guild. By our ...]

2. When was the English half penny discontinued?

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1 Comments:

Anonymous Anonymous said...

I have a question. Is a discolored Engelhard American Prospector bullion coin worth the same as an uncirculated one?.

8:08 PM  

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