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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.
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As with most U.S. $1 Silver Certificates, most circulated $5 and $10 Silver Certificates only carry a small premium over face value, ranging from 10% to 30%. Uncirculated $5 and $10 Silver Certificates carry a larger premium, depending on the issue and the grade. There are several significantly scarcer and even rare varieties in these series, however, including the 1933 $10 Silver Certificate, the 1953-B $5 Silver Certificate Star Note, and others, and most Star notes from these series carry some premium (ranging from small to large) over the regular notes. Again, please refer to the Standard Guide to Small Size U.S. Paper Money (1928 to date), by Dean Oakes and John Schwartz, for more information.
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The Gold Panda gold coin has an annual design change that always featuring China's symbolic animal, the Pnada. The Gold Chinese Panda has long been a favorite of collectors and jewelry designers the world over. At one time this coin was minted in seven different sizes, second only to the eight sizes of the Australian Nugget. The 5- and 12-oz. sizes were discontinued over a decade ago.
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Gold coins were one of the oldest forms of money. This was later followed by silver coins. Gold coins were in circulation in the United States from 1838 to 1933. The design was the Liberty Head bust but this was only made until 1907. The design was then changed to the Indian Head and Saint Gaudens motifs and was used until 1933 when the Great Depression began. This prompted the recall of gold coins which makes them very difficult to find today.
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If numismatists - those expert in coin collecting and valuation � agree on one thing, it's that coins should never be cleaned. Every coin dealer has horror stories about a non-collector who comes into his shop with a box of shiny old coins. Most of the time, the coins have no numismatic (collector) value at all; they are just old but common coins. But occasionally, a rare former beauty is found in the mix. It's a former beauty because whatever value it once had has been scraped off by an excited finder and a jar of silver polish. The coin, which might have been worth hundreds or thousands of dollars, is now all but worthless.
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Presidential Dollar Coin Honoring Martin Van Buren “The Red Fox of Kinderhook” Available November 13
Sun, 09 Nov 2008 23:19:00 +0000
WASHINGTON - Presidential $1 Coins struck in honor of Martin Van Buren will go on sale November 13, 2008, at noon Eastern Time. Dubbed "The Red Fox of Kinderhook" for his red hair, political acumen...
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Several changes have been occurred on U.S. paper money in recent years. The changes have been implemented during the redesign of denominations of U.S. Federal Reserve notes (with the exception of the $1) beginning with the $100. Several features have been added to protect our money from counterfeiting include:
1. An enlarged portrait placed off-center to accommodate a watermark visible when the note is held up to a light.
2. A polymer security thread embedded vertically in the paper. The location of the thread varies depending on the denomination.
3. Fine line printing patterns behind the back illustration.
4. Microprinting on different areas of the notes.
5. Color-shifting ink that appears black when the front is viewed at an angle.
6. A low-vision feature on the back, lower right corner for easier identification of the denomination.
7. New Federal Reserve indicators including a universal seal and a letter and number below the serial number identifying the issuing Federal Reserve Bank.
8. A unique combination of eleven numbers and letters that appear twice on the front of all notes.
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I recommend filtering for volume. Check out the eBay sellers who have done several hundred gold sales or more. These are the gold bullion sellers you can trust assuming they also have a high positive feedback score. Volume indicates that they have been in the business for a while and must be doing something right. You will always end up paying a premium when you buy from a high volume seller. It's always worth it. Let's take a simple example. You buy a 1/10 ounce gold bullion American Eagle from a new seller. You get a super deal and only pay $100. Now, let's say you buy the same coin but pay $120 from a power seller. Let's say the first one ends up to be a fake and the second is real. You pay an extra $20 but isn't that better than getting something worth $0 with your hard earned investment dollars? I always go with the high volume sellers.
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Gold coins were one of the oldest forms of money. This was later followed by silver coins. Gold coins were in circulation in the United States from 1838 to 1933. The design was the Liberty Head bust but this was only made until 1907. The design was then changed to the Indian Head and Saint Gaudens motifs and was used until 1933 when the Great Depression began. This prompted the recall of gold coins which makes them very difficult to find today.
Buy US paper money.
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Counterfeit $100 and $50 Bills Reported in NYC
Sat, 03 Mar 2007 05:10:00 +0000
With the Secret Service reporting a recent increase in the number of counterfeit $100 and $50 bills showing up in the New York City area (Link to news story), it seemed a good idea to educate...
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Labels: value of old silver dollars | value of silver eagle dollars | carson city morgan silver dollars