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Today, like all investments and commodities, the price of gold is ultimately driven by supply and demand, including hoarding and disposal. Unlike most other commodities, the hoarding and disposal plays a much bigger role in affecting the price, because most of the gold ever mined still exists and is potentially able to come on to the market for the right price. Given the huge quantity of hoarded gold, compared to the annual production, the price of gold is mainly affected by changes in sentiment, rather than changes in annual production.
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The International Bank Note Society was formed in 1961 and was one of the first clubs for collectors of paper money (along with the SPMC - Society of Paper Money Collectors formed the same year). The IBNS focuses on collectors of world paper money while the SPMC targets mainly collectors of U.S. notes.
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All The Latest News From The maple leaf silver dollars World

50 State Quarters® Program Concludes as the Most Successful Coin Initiative in U.S. History

Mon, 08 Dec 2008 19:23:36 +0000

Program Nets Nearly $3 Billion from Increased Quarter Demand over Decade

WASHINGTON - The United States Mint is wrapping up the 50 State Quarters® Program, the national phenomenon that sent Americans searching through their change for the latest quarter to add to their collections.  It is estimated that 147 million Americans have been collecting the coins in the 10-year 50 State Quarters Program, which has honored each state in the order it ratified the U.S. Constitution or was admitted into the Union.  The program, authorized by Congress, kicked off in early 1999 with the introduction of the Delaware quarter and concludes at the end of 2008 with the Hawaii commemorative quarter-dollar coin. 

 

"This groundbreaking initiative has been the most successful coin program in the Nation's history," said United States Mint Director Ed Moy, who participated in the launch ceremony for the Hawaii quarter on November 10, 2008.  "The 50 State Quarters Program has educated a generation of Americans about the history and geography of the States.  It has also generated tremendous state pride and encouraged citizens to consider which images should symbolize the region where they live."

 

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700-year-old coins found in field

Fri, 14 Nov 2008 17:07:00 +0000
Three 700-year-old coins which were found in a field have been declared treasure by a coroner at Flint.

The silver pennies date back to between 1307 and 1314, to the reigns of both Edward I and his...



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How to crackout coins from PCGS and NGC slabs

Tue, 11 Mar 2008 04:49:00 +0000
Every now and then I come across a coin video that I feel is worth sharing. I've never cracked out a coin myself (I'm too afraid I'll damage the coin), but when I saw the first video below and saw...



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