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Friday, November 21, 2008

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Gold is a tremendous holiday gift and I encourage you to give gold and silver coins to your loved ones this holiday season. There are two high level reasons I like this idea so much. First, gold is an appreciating asset and store of value. By giving a gold coin, you are giving a loved one an investment that has intrinsic value. Second, in this day and age, gold is not a familiar concept to many people. By giving a gold coin, you are opening up a new investment idea to your loved ones. Perhaps they have not considered investing in gold before. Upon holding their first gold coin, they will most likely be extremely interested in learning more. Your gift could provide the perfect starting point to start mentoring and teaching your loved ones all about your passion for gold.
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In November 2005, Rick Munarriz of Motley Fool.com posed the question of which represented a better investment: a share of Google or an ounce of gold. The specific comparison between these two very different investments seems to have captured the imagination of many in the investment commuity and is serving to crystalize the broader debate. At the time of writing, a share of Google's stock and an ounce of gold were both near $700. On January 4, 2008 23:58 New York Time, it was reported that an ounce of gold outpaced the share price of Google by 30.77%, with gold closing at $859.19 per ounce and a share of Google closing at $657 on U.S. market exchanges. On January 24th 2008, the gold price broke the $900 mark per ounce for the first time. The price of gold topped $1,000 an ounce for the first time ever on March 13, 2008 amid recession fears in the United States.
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Whatever method you try to clean a coin, it's best to test it on a non-valuable coin of similar metal first. That way if a certain method does have bad effects, you'll find out before you ruin a valuable coin. I discovered this much to my chagrin when cleaning a batch of 1943 steel pennies in an acid solution. I'll never know if it would have worked, because I had the pennies in a galvanized steel container and the acid, combined with the galvanization, fused the pennies into one worthless chunk.
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The most common luster seen on United States gold coins, especially those from the 19th century, is frosty in texture. Frosty luster can be extremely attractive. I would describe it to the new collector as having a hard look and it is most associated, in my experience, with coins produced at the Philadelphia and San Francisco mints.
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Finest Lincoln Cent Collection, Registry Rarities in Heritage’s December Houston Coin Auction

Tue, 18 Nov 2008 11:44:00 +0000
Dallas, TX. The #1 All-Time Finest Set of Lincoln Cents ever assembled (according to the PCGS Registry) is being offered by Heritage Auction Galleries in their Houston Signature® Auction, the Official Auction of the Houston Money Show of the Southwest. The auction, December 4-6, 2008, includes important material from more than 230 consignors in the ...]

3. What does a block collector collect?

Reward Offered in Beverly Hills Coins Theft

Thu, 30 Oct 2008 17:43:35 +0000
The Professional Numismatists Guild (PNG) and PNG member-dealer, Kevin Lipton, are jointly offering a $10,000 reward for information leading to the recovery of rare coins and paper money stolen from Lipton’s Beverly Hills, California offices. The unknown thief or thieves took more than a quarter-million dollars worth of numismatic items during a break-in on ...]

Barack Obama Coin and Medallions

Thu, 30 Oct 2008 15:54:00 +0000
Hercules Backs Barack

No one understood the power of the coin for getting a political message across like the Ancient Greeks. Their coinage was circulated throughout the ancient world to honor everything from victories, events, and patron deities, to nature. Also, it was the perfect way to let it be known "who did what and where".

In keeping with this tradition an American expat from Chicago, who now lives in Greece, prepared a fitting tribute to Barack Obama, immortalizing his nomination for U. S. President in the form of a unique commemorative coin. It is lovingly called the "Baracko" and can be purchased in gold, silver or copper.

The Baracko coin . . .

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