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Why I Like us old gold coins

Gold & Silver Coin Bullion Info

There are well made counterfeit gold coins in circulation. For example, the Saint-Gaudens Double Eagle omega counterfeit is infamous for its complexity; and has fooled many numismatics experts. It is a high relief business strike, and due to the extensive wear on the die, these coins were not made for many years. For poor counterfeits, a good scale can usually tell if it's counterfeit or not; however, there are many well made counterfeited ancient coins that not only use gold, but the correct amount as well.
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England: Sovereign gold coins. The history of the first British Sovereigns stretches back to the beginning of England's Tudor era.
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Number One on my avoid list is the TV shopping show dealers and premium "Mints" out there that sell nice looking commemorative coins for premium prices, but that have no value beyond their bullion (if they have any) when you must eventually sell them. Some of these "Mints" sell on the TV and cable-based shopping channels, and the prices they charge when they do sell genuine U.S. Mint coins are nearly always several times higher than the price the coins would cost from a normal coin dealer! These shows rarely sell anything that can't be acquired elsewhere more cheaply, so don't impulse buy from these shows! Do a little research and you'll see the same Silver Eagles at $2 over spot price from major traditional coin dealers. Most of the Uncirculated Morgan Dollars I've seen TV shopping show dealers sell for $300 each can be purchased from a normal coin dealer for $30. Never buy coins from TV shopping shows!
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Have you ever held a gold coin in your hand? It's amazing! When you first hold a gold coin, the luster and weight immediately tell you why gold coins have been the standard in storing wealth for all of human history. So what do gold coins have to do with saving money for your mortgage down payment? It's actually very simple: gold attracts wealth. Some people call it attraction, others call it luck. Whichever you prefer, if you own a gold coin you will earn more income. Wealth will be attracted to you and you will save enough money for your down payment sooner than if you did not own the coin. Buy a gold coin and give your luck a boost.
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$50+ Million in FUN Lots Posted

Wed, 17 Dec 2008 13:41:42 +0000
Dallas, TX – The Official Auctions of the FUN 2009 Convention in Orlando have been posted by Heritage Auction Galleries on its HA.com Web site. Spread over seven separate catalogs of U.S. coins and currency are some 15,000 lots that Heritage will be offering at FUN. More than 600 consignors are participating in FUN; a ...]

Where have all the tough guys gone? - CNN

Mon, 22 Dec 2008 20:43:00 GMT
LONDON, England (CNN) -- There was a time when action heroes didn't contemplate. They defeated the bad guy and let their bodies do the talking for them. How times have changed ...

Coin World Releases Chinese Counterfeiting Series

Early this year, I began tracking the coin counterfeiting activity that was coming out of China. A sometime blogger by the name of "BiddlesBank" had posted photos of a...

Coin News Daily December 17, 2008

Wed, 17 Dec 2008 14:48:21 +0000
On to the next adventure - State quarters program exits stage right, but the hobby continues for collectors
Coin World
What you’ve read in The State Quarters column for the past 10 years can in no way rival the literary classic War and Peace. But at times this column certainly seemed to play host to as many ...]

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posted by Silver Dollar @ 7:25 AM