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Friday, November 07, 2008

The Best Information on gold coins

Collectors And Coin Dealers Article Of The Week



Additional Numismatists Info

In general, gold becomes more desirable in times of bank failures. When dollars were fully convertible into gold, both were regarded as money. However, most people preferred to carry around paper banknotes rather than the somewhat heavier and less divisible gold coins. If people feared their bank would fail, a bank run might have been the result. This is what happened in the USA during the Great Depression of the 1930s, leading President Roosevelt to impose a national emergency and to outlaw the holding of gold by US citizens then known as Executive Order 6102 which has since been ended.
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U.S. National Bank Notes or U.S. Federal Reserve Bank Notes? The difference between 1929 series National Bank Notes and Federal Reserve Bank Notes is rather subtle, as each is called "National Currency" above the portrait and each bears a brown Treasury seal, but they can easily be distinguished by the bank name to the left of the portrait. If it is from a bank entitled "The Federal Reserve Bank of�" and is from one of the 12 District Federal Reserve Banks, it is a Federal Reserve Bank Note. National Bank Notes are from other banks with titles such as "The First National Bank of�" or the "National Bank of�" or the "National Trust and Savings Bank of�" or other such titles.
Buy Morgan silver dollars at Silver Dollars Galore.

There are two interesting subtypes of prooflike coins that the collector should be aware of. The first are coins that are Deep Mirror Prooflike. These are coins with especially reflective surfaces and a look that can be deceptively similar to that of a Proof. As an example, there are certain gold dollars from the 1880's that are extremely hard to tell apart from Proofs. Generally speaking, many of the gold coins that are designated as Deep Mirror Prooflike by NGC command strong premiums, especially for issues that are generally seen with frosty or satiny surfaces.
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Your Latest coin book to show silver dollars News

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Wed, 30 Jan 2008 06:16:05 +0100
Minnesota Public Radio, MN -His song "Yesterday" is listed as the most covered song in history and has been played more than 7000000 times on American television and radio. ...

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Coin and Bullion Investing Insights

For the past several weeks, I have been getting an increasing volume of email asking for more information about investing in coins and bullion. This spate of inquiries is...

AngloGold Ashanti Updates on Electricity Supply SituationMineweb, UK - 2 hours agoCertain statements made during this communication, including, without limitation, those concerning the economic outlook for the gold mining industry, ...GH

Sun, 27 Jan 2008 23:22:48 +0100
StreetInsider.com (subscription), MI -Certain statements made during this communication, including, without limitation, those concerning the economic outlook for the gold mining industry, ...

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