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Does it pass the silver coin ring test? Silver coins have a distinctive ring when held on the tip of a finger and tapped with another coin. Be careful doing this test, though; you don't want to ding or damage the coin, or drop it onto a hard surface, so use some judgement. The ring test can be helpful when all other easy methods of checking are inconclusive. Remember, if something ever feels "wrong" about a silver coin, don't buy it! Trust your instincts! And if you've already bought it, send it back!
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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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Sometimes banknotes soar in value due to some historic or newsworthy event. For example, various European banknotes greatly increased in value where they were replaced with the new Euro currency. Hong Kong notes doubled or even tripled in value around the time of the Chinese take-over. Many alert collectors and investors anticipate these rises in value and realise big profits be buying up the notes before they rise in value. Remember the recent volcano in Monserrat? One month, Monserrat notes were just as desirable as any other East Caribbean State banknote. As soon as the volcano rendered the island uninhabitable, shrewd dealers and collectors world-wide bought every Monserrat note they could obtain, knowing that it was unlikely that any more would be printed.
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2. When was the English half penny discontinued?

Superior Galleries Realizes Strong Prices in July 26, 2008 Baltimore Elite Auction

Wed, 30 Jul 2008 21:09:40 +0000
DGSE Companies, Inc.  today announced its results for Superior Galleries July 26, 2008 Baltimore Elite Auction. This 870 lot event realized $1,249,168 inclusive of the standard 15% buyer’s premium amid active bidding.
Some individual highlights of this auction included:
* Lot 505 – 1907 $10 Indian Wire Rim PCGS MS63 $43,125
* Lot 493 – 1803 $10 ...]

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More information on canadian silver dollars rarity

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Perth Mint Releases 2006 Year of the Dog

By Bill Haynes

The 2006 Year of the Dog, the 11th us gold coins in The Perth Mint�s 12-coin Lunar Series, has been released and is now immediately available for delivery. Officially, however, the Year of the Dog does not begin until January 29, 2006, and it runs until February 17, 2007.

The Perth Mint Lunar Series gold coins come in eight sizes: 1-kilo, 10-oz, 2-oz, 1-oz, �-oz, �-oz, 1/10-oz, and 1/20-oz, with monetary denominations of $3000, $1000, $200, $100, $50, $25, $15, and $5 respectively. An image of Her Majesty Queen Elizabeth II graces the obverse; the reverse carries the image of a beagle. The 1-oz ounce ($100) is by far the most popular of the Lunar Series gold coins.

The silver coins in the Lunar Series come in seven sizes: 1-kilo, �-kilo, 10-oz, 5-oz, 2-oz, 1-oz, and 1/20-oz, with monetary denominations of $30, $15, $10, $8, $2, $1, and 50 cents respectively. As with the gold coins in the Series, the obverse of the silver coins bears a likeness of Her Majesty Queen Elizabeth II. However, the reverse of the silver coins carries the image of a German shepherd.

Perth Mint Lunar Series: Popular with coin collectors worldwide

The one-ounce gold coins in the Lunar Series have become immensely popular with coin collectors worldwide for several reasons. Although the theme is not unique�other mints having done lunar series during earlier lunar cycles�timing seems to be perfect for The Perth Mint Lunar Series because China will host the Summer Olympics in 2008, one year after the Series ends with the Year of the Pig. Interest in China�and anything related to China�seems to be growing. By 2008, we may be seeing �Chinamania,� which would make the Lunar Series coins still more popular.

Another reason for the strong collector interest: Production of the 1-oz coins is limited to 30,000�a number that has turned out to be ideal for a collectors� series. The 2000 Year of the Dragon reached the production cap of 30,000 and sells at a big premium in the secondary market.

The 2002 Year of the Horse 1-oz gold coins also hit the production cap and is no longer available from The Perth Mint. Recently, premiums on 1-oz Gold Horses jumped, which suggests that wholesalers are out of coins or are about to be. If the wholesalers are out of 1-oz Gold Horses, they will be difficult to find in large quantities.

The 2001 Year of the Snake will probably be the next 1-oz gold coin in the Series to hit the production cap. Gold Snakes usually can be bought at premiums comparable to 1-oz Gold Eagles, the world�s best selling gold bullion coins. The other 1-oz Lunar Series gold coins that have not reached the production cap of 30,000 usually sell at slightly higher premiums than Gold Eagles.

Perhaps the primary reason for the popularity of the Lunar Series is the exquisite quality of the coins. The Perth Mint holds an uncompromising commitment to quality, and no other mint turns out more beautiful coins. Established in 1899, The Perth Mint operated as a branch of Britain�s Royal Mint until 1970 but now is owned by the government of Western Australia.

None of the silver coins in the Lunar Series have reached their production limits, probably because the silver coins are priced for the collector market. The gold coins in the Series, on the other hand, are priced at about the same prices as popular bullion coins, such as the American Gold Eagles and the Gold Maple Leafs. This means that by going with Lunar Series gold coins bullion investors can own collectible gold coins without paying huge collector premiums.

About The Author

Bill Haynes heads CMI Gold & Silver Inc, one of the nation's oldest precious metals dealers. See CMIGS� website at http://www.cmi-gold-silver.com/

More Numismatists News

Banknote enthusiasts enjoy individualist status; the hobby is regarded as intriguingly different. It has a certain prestige attached to it; people tend to assume that a banknote collector must be well-off - but this is often not the because many attractive banknotes can be obtained for well under 50p each. The hobby has a refreshing dignity to it; the banknote collecting fraternity is generally an honest, friendly community, with a genial camaraderie born of a common interest.
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U.S. Silver Certificates were legal-tender issue notes authorized by the Acts of February 28, 1878, and August 4, 1886, and have been issued in all denominations up to $5,000. Many of the early "Large Size" issues featured beautiful, ornate engravings. The later "Small Size" notes resemble Federal Reserve Notes but bear blue seals, and feature the wording "Silver Certificate" on the face. Silver certificates were last issued in 1957.
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Most 1935 and 1957 series U.S. Silver Certificates are worth a very small premium over face value. Circulated examples typically sell for $1.25 to $1.50 each, while Uncirculated $1 Silver Certificates are worth between $2 and $4 each. Exceptions to these values include Star notes (where the serial number is followed by a small star in place of the suffix letter), and other various varieties and blocks including 1935A Hawaii and North Africa notes, Experimental notes, and various rare blocks and serial number ranges.
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Bullion coins are an excellent investment option. You can go in for the American Eagle, Canadian Maple Leaf, Britannia or the Australian Nugget. The American Eagle Gold coins were minted first in 1986 and hold pride of place as the world's leading gold coin investment option. These gold coins are struck in 22 karat gold with the total weight as stamped on the reverse of the coin. Silver and copper are also used so as to protect the gold finish. Special dyes are used to strike these gold coins to ensure that minute details are visible. Such American Gold Eagles can be bought at dealers of precious metals and coins. You can buy them at the prevailing price of gold and a premium for distribution costs. Gold coins are universally recognized and can be easily sold. The South African Krugerrand was the first gold bullion coin that was marketed as an investment opportunity. The one-ounce Kruggerand gold bullion coin is extremely popular.
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Some canadian silver dollars rarity Stories

Did you lose your coin collection in the woods?

Wed, 25 Jun 2008 05:57:00 +0000
Collectable Coins Found in Litchfield/Morris, CT

State Police Looking for Owner

On Thursday June 12th, 2008 the State Police initiated a found...



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Heritage Passes $40 Million in Baltimore ANA Signature® and Platinum Night Auction

Tue, 05 Aug 2008 17:51:45 +0000

Dallas, TX. Heritage Auction Galleries has set the record for the most valuable ANA Auction ever! Significant and classic rarities from all series in American numismatics, most of them offered in the Platinum Night catalogs, smashed the previous record of $27.7 million set last year at the Milwaukee ANA event.


Coin Highlights from Heritage’s Baltimore ANA Signature® and Platinum Night Auctions


The auction was held in Baltimore July 30 - Aug. 3, in conjunction with the World's Fair of Money summer convention of the American Numismatic Association. Total prices realized for the American coins are currently $41,022,713, and will rise further when the post auction buys are finalized.


 



"This was Heritage's 38th Official ANA Auction, a record in itself!" enthused Heritage C.E.O. Steve Ivy.


"We were very pleased with our results in Milwaukee last year, and we think Baltimore has demonstrated the absolute strength of the market for important and high quality coins. Such high prices realized also mean a record-setting check will be provided to the ANA to support their educational and membership programs.


We also take great pride that our total was 50% higher than our previous ANA record, and double that accomplished by any other ANA auctioneer. Heritage delivered for the ANA."



 

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