What is PCGS Certified Coins?

Have you been a keen coin enthusiast?  You are!?  Then, I am sure you have heard of PCGS?  No…?  Well, I am sure you have come across certified coins…?

Yet exactly what is a certified coin?  And who or what’s PCGS?

Well, to be aware of this we need to travel back to a period when there were no certified coins neither any certified coin traders.  A time when enthusiasts had to do their particular research and grade the standard of their very own coins as well as the coins they desired to buy.

This is a very tough time in the coin enthusiast in the world!  And the difference of one or two grades could mean plenty of dollars.  For example, lets say you’ve got this Coronet Type half cent from 1840.  You are wanting to promote the coin and you graded it a MS65.  That should enable you to get a simple $300.

So, putting it for sale at the next coin convention, so you obtain a buyer on the hook.  Nevertheless he looks at the coin and grades that it is a MS63.  This is a big difference.  Right now your $300 treasured coin is worth $50 for this purchaser.

Is he becoming truthful OR is he wanting to swindle you?  And this goes either way.  At times you would get some untrustworthy dealers that will try to up the grade on their coin in order to acquire some extra cash in the sale.

Today, if there were simply a trusted third-party who could grade the coin and settle the small dispute.  And there is!  PCGS.

PCGS is a third party grading service company.  PCGS is surely an fair third-party who takes your coin and gives it a certified grade of MS0 to MS70.  After that, to make certain nothing interferes with the certified grade…  PCGS puts the coin into an air tight closed plastic cover.

Contained in the plastic cover is the coin, along with a sheet of paper over the coin which authenticate’s the coin and describes the coin.  Collectors know this as little sheet of paper over the coin the “slab”.

PCGS certified coins are trustworthy by buyers and sellers alike.  This makes them a fantastic company to beat rating disputes if you ever attempt to promote your coin.

You are able to take your gold coin, silver coin, commemorative coin, and virtually any coin you’ve got and deliver it in to PCGS and they will provide a professional quality.

If you are looking to expand your US certified coins collection…  Then search for PCGS certified coins.  Why?  Well, because they’re great investments, because you know precisely what you are purchasing.  PCGS certified coins may also be passed on from one generation to another and they will keep not just their certified grade, but their innate value.

Take a look around on our internet site.  We have a very good assortment of PCGS certified coins up for sale which you’ll add to your very own collection.

Gold Sellers in Houston Must Submit to Fingerprints and Mugshots

Last week the Houston City Council passed an ordinance requiring people who sell precious metals to be fingerprinted and photographed.

According to KTRK-TV, the ordinance is “meant to help track down criminals who try to resell stolen valuables. Gold-buying businesses will now be required to photograph and fingerprint sellers as well as photograph the items that are being sold to the dealer.” In other words, citizens who sell gold will be considered criminals until they demonstrate otherwise.

“It’s going to allow us the tools necessary to combat a lot of the high-end jewelry thefts that’s going on in the city, whether it’s robberies or burglaries,” Houston Police Officer Rick Barajas told the news station last Wednesday.

Audi S8s, Shelby Mustangs, BMW M5s, Dodge Chargers and Honda S2000 roadsters are stolen thousands of times a year and yet people who own them are not required by government to be fingerprinted and photographed in order to sell their cars. Ditto folks who sell expensive items at pawn shops or on eBay. Can you imagine the chaos in commerce that would occur if every item over say $1,000 required the seller to surrender fingerprints and photographs – more accurately, mugshots – which the buyer would be obliged under penalty of law to submit to the state within 48 hours?

“No precious metals thief is going to agree to a mug-shot and thumbprint,” said Houston City Council Member Helena Brown in response to the law. “That’s like declaring that the thieves are going to be turning themselves in. It’s ludicrous. I don’t know who told HPD that this is going to help them. It’s not going to help anyone, but rather it will be damaging to an industry and to our self-respect and liberty.”

Instead of reducing crime, the new law will instead put a damper on the sale of gold, silver and other precious metals. Jim Guidry notes that despite a claim made by Houston police, the precious metals industry will be hard pressed to comply with the turnaround demanded by the city, will balk at the prospect of alienating customers by demanding their fingerprints and mugshots, and the industry will ultimately suffer through loss of its customer base and through fines and criminal charges.

Finally, it is hardly a secret that government hates the idea of citizens trading in gold and other precious metals. In 2009, the U.S. Mint made it more difficult to purchase gold and rationed the sale of American Gold Eagle coins and the previous year suspended the sale of American Buffalo 24-karat gold coins. Bernard von Nothaus of Liberty Dollar was prosecuted for daring to challenge the fiat money monopoly held by the Federal Reserve and the banks (and daring to have a political agenda, namely getting rid of a parasitical Federal Reserve).

“The modern and oppressive State is against freedom. The argument regarding gold versus fiat money has been settled both theoretically and empirically,” writes Monty Pelerin. “The good fight fought against fiat currency is a long and lonely one. This fight will not be won by intellectual persuasion, but will be determined by the brute forces of the markets the State believes it can control. A currency collapse is likely inevitable. That will expose the fraud and corruption of the current fiat currency regime. Even when that occurs, the elites will do whatever they can to avoid an honest money system.”

“The defamation of gold wrought by central banks and governments is because gold exposes the devaluation of fiat currencies and the flawed policies of government.  Governments hate gold because the people cannot be fooled by it,” writes Ron Paul. “If the government persists in debasing the Dollar – as money monopolists have always done – then the people would be able to protect themselves by using alternatives such as gold that are both sound and stable.”

The City of Houston and its police, however, are not colluding with the Federal Reserve in an effort to control the sale of precious metals. The police are reacting as police always do – as gold and precious metals rise in value, it is quite natural that there is an increase in theft and fraud, a situation police react to quite naturally by demanding authoritarian laws that inevitably create a new class of criminals requiring more police and more prisons.

Article written by Kurt Nimmo
Infowars.com
February 11, 2013

2012 1oz Kookaburra High Relief Ultra Cameo

The 2012 1oz Kookaburra “High Relief” Ultra Cameo “Early Releases” Designation on a Very Rare Label.

Own One of Currently ONLY 390 Graded and Certified PF70 in the world!

Reverse Design: This beautiful 1oz includes the Darryl Bellotti design of the “AUSTRALIAN KOOKABURRA”, made with an extra-deep “blank” (known as a Planchet) to accommodate it’s superbly detailed high relief depiction of a Kookaburra perched on a tree branch with gum leaves, the Perth Mint’s ‘P’ mintmark and the 2012 year-date.

More Details:

  • 1 AU Dollar Legal Tender
  • High Quality .999 Pure Silver
  • Completely Sold Out at the Perth Mint
  • Limited Mintage of only 10,000 Coins
  • Very Beautiful and Highly collectible coin
  • Stunning Ultra Cameo “High Relief” Proof Design
  • NGC Graded PF70 with Rare Label portraying the Australian Sydney Opera House

Certified and Graded PF70 by NGC with a Very Rare Label. The Perth Mint struck the coin from 1oz of 99.9% pure silver in proof quality. “Early Releases” Designated coins are struck first at the mint from “FRESH DIEs” and only the first small percentage of coins can be submitted as Early Releases Coins driving higher premiums.

The Perth Mint’s unbeatable minting expertise, use of advanced manufacturing technology and design artistry, contribute to their reputation as producer of the highest quality Australian collectible silver coins in the world.

Obverse Design: The coin depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on the obverse and is issued as legal tender under the Australian Currency Act 1965.

Coin Values

So, you’ve got some silver great coins?  You’ve been collecting coins for a few years right now, and you have amassed a good selection of Buffalo coins, some bullion coins, a few error coins, along with a whole bunch of Morgan and Peace dollars.

Are you aware of what your collection will probably be worth?  What it’s gold and silver coin values are?  What it’s worth is to other coin enthusiasts?

Gold and silver coins are actually used as currency for a lot of years.  The very first acknowledged coins were first made about 700 B.C.  That’s eons ago!  Still, we have need of precious metal coins, as well as a need to collect them.

You see, even in today’s society where we exchange paper currency for products and services…  Silver and gold is still a real trading commodity.  The truth is, once when our paper currency have been just gold and silver certificates backed by authorities and finance institutions.

These days we don’t mint many coins in gold and silver, and the coins we do mint in silver, gold, palladium and platinum are generally gathered for his or her numismatic coin values instead of exchanged for products or services.

Instead of using a silver coin to buy a Coca-Cola…  You would use a modern-day quarter made from copper and nickel, and you also would save your valuable silver coins for a longer term expense.

But how can you confirm your coin’s value?  Coin values vary greatly!  And first thing which assists to figure out your rare metal coin values is the economy.

When the economy is doing good, then, the price of the dollar to the cost of precious metals is less.  Even so, when the economy is going through tough times, such as a recession, coin worth will rise in cost as the spot cost of precious metals rise in price regarding the dollar.

Thus, many people choose to sell their bullion coins throughout tough economy periods.  This means you’ll have an abundance of coins to include in your gold or silver portfolio.

Though the spot value of silver or gold is not the just aspect in finding out coin values.

As an illustration, coin worth depends on whether or not a coin is certified or not.  If a silver coin is licensed by a respected company and rated for it’s perfection, then, it requires a greater premium over uncertified coins.

One example is a PCGS certified 2000 American Silver Eagle that is graded MS70.  This coin could be worth more to a coin hobbyist than both a lesser graded Silver Eagle, or even a Brilliant Uncirculated Silver Eagle.

Another determining factor of coin worth is the supply available and the demand for that supply.  It’s business 101!

Here’s an illustration.  Not long ago on eBay a 2002 American Silver Eagle certified to become MS70 along with a First Strike edition bought for $9,000.  Right now, the spot expense of silver was just about $35 during the time, but this coin exceeded WAY beyond that.  Why?

Well, due to the fact there have been only 17 coins that year chosen as First Strike by NGC and graded MS70.  The supply was minimal BUT demand was great!

As mentioned earlier, there are various reasons to figure out your coin values, but if you do a little research into what are the spot value of your precious metal is And discover the quality of your coins…  Then, you’ll have greater comprehension of it’s value.

Collecting Antique Silver Coins

Collecting silver coins is a fun activity and has been very popular because it not only serves as a hobby but as an option to generate income.

1804_dollar_obverseSome of the most popular types of silver coins that are sought by collectors are the antique coins. Antique coins may be bought from auction sales, coin shows, online and offline coin dealers, other collectors, and even in tourist areas that have historical themes. Who knows, you may even turn up a few of these antique coins up in the attic where grandma or grandpa’s things may be stashed away.

Many collectors hesitate to buy antique coins because they can be terribly expensive. What is most important is the uniqueness of these coins and the benefits they provide their collectors. Besides the intrinsic value of these coins, they also provide a fascinating window into the history of the nation. Antique silver coins vary greatly in price depending on the age of the coin, its condition and its rarity.

Here are some tips that may be considered when buying antique silver coins:
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Benefits of Being an Affiliate Marketer in the Silver Niche

Affiliate marketing has become one of the most effective ways to advertise silver and just about anything else online. It is also one of the easiest ways for anyone with a website to make a profit online.

Affiliate Marketing is simply an agreement between a merchant (Silver Snowball) and a website owner (You). As a website owner, or the affiliate, you allow the use of your site for the promotion of the merchant’s products by linking to the merchant’s website. In exchange, the merchant pays a commission to the affiliate on all sales generated by the affiliate. Every time someone clicks on the link on your affiliate website and makes a purchase, you get a commission.

Affiliate marketing programs are a win-win situation for both the merchant and the affiliate because of the pay-for-performance scheme.

Both the merchant and the affiliate enjoy some benefits in affiliate marketing. For example, it gives the merchant a wider market in which to advertise silver products and will give the product maximum exposure that it may not get with other traditional advertising techniques. The more affiliate sites a merchant has, the higher the traffic, which can convert to sales. Affiliate marketing is the equivalent of having an army of sales people who will do the advertising and will only get a commission if a customer purchases.

Since the affiliate marketing relationship is a win-win situation, the affiliate also enjoys many benefits. Foremost among these is the easy way to make a profit. The affiliate can earn by having an ad or link to the merchant’s website, which prospective customers will hopefully click and proceed to make a purchase. As soon as the customer clicks on the ad on the affiliate’s site, is redirected to the merchant’s website and goes on to buy that particular product, the affiliate earns a commission. The more referrals an affiliate makes, there is more profit.

Affiliate marketing is an excellent way to earn money with Silver Snowball while at home. There are virtually no production costs. The product (silver rounds) are already developed and proven by the merchant, and all you have to do to find, as many prospects as you can that will bring in the profit for both the merchant and the affiliate. In order to be an affiliate with Silver Snowball, you only need to be purchasing a 1/2 oz. silver round each month. There is no additional cost for an affiliate site coded with your Silver Snowball id. You will likely have some costs involved in setting up and hosting your gateway websites and other advertising. However, when you join Silver Snowball on my team, I will show you how to minimize those advertising costs, and in some cases get your advertising for free.

In addition, there is absolutely no sales experience necessary. Ed Freeman provides excellent support when it comes to providing marketing material. Plus, you will have personal access to me where I will share with you effective marketing strategies and tools.

The simplicity of affiliate marketing allows you to be an affiliate marketer at the least cost and the most comfort. You can even build a successful affiliate marketing business right in the convenience of your own home. In affiliate marketing, your responsibility is simply to find prospects for the merchant; you do not have to worry about inventory, order processing, and product shipping. These, along with customer service support are the duties of the merchant.

Because of the global reach of the internet, you can easily find thousands of prospects. You can intensify your advertising campaign by exploiting more aggressive and productive strategies such as viral marketing. By attracting more prospects, you also maximize your potential to earn.

Another benefit of an affiliate marketer is the minimal risk involved. There are no long-term binding contracts tying you to Silver Snowball and if you’re not making enough money, you can simply quit.

One of the best benefits of being an affiliate marketer is the opportunity to increase your income; and you can make a profit even if affiliate marketing is only a sideline business. With your own affiliate business, you can earn easily earn extra income, although you do have to exert effort and use your imagination to maximize your earning potential. Indeed, affiliate marketing is one of the simplest and most effective business opportunities on the web today.


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Fiscal Cliff Deal: More Taxes, More Poverty

The establishment media is extending kudos today to vice president Joe Biden for hammering out a deal that supposedly averted the so-called fiscal cliff.

“I want to thank the work that was done by my extraordinary vice president, Joe Biden,” Obama said late Tuesday night.

The Republican Senate boss, Mitch McConnell, went over Democrat majority leader Harry Reid’s head to negotiate with Biden.

“It was the fateful decision that put the Senate and White House on the pathway to the deal eventually approved by the Senate and the House, ending weeks of drama over the fiscal cliff,” the National Journal reports this morning.

But the deal allegedly averting crisis is anything but good news for the American people despite the backslapping on Capitol Hill and the sighs of relief in the corporate media.

In addition to kicking the fiscal can down the road, the so-called compromise finally did away with the illusion that Republicans are opposed to increasing the tax load on millions of Americans.

The Congressional Budget Office reports the deal cuts only $15 billion in spending while increasing tax revenues by $620 billion, what amounts to a 41:1 ratio of tax increases to spending cuts.

The Senate bill allows the so-called payroll tax holiday to expire, which will raise taxes on all Americans who earn an income. Democrats said this is not the case, that taxes will not rise, but the truth is the tax burden on working Americans will go up by at least 2 percent.

The wealth creators and producers — the entrepreneurs, small business owners, and maligned “rich” taxpayers — earning over $400,000 will see their top tax rate increase to 39.6 percent.

In addition, the double tax on dividends and capital gains will increase from 15 percent to 20 percent, thus adding more disincentive for the producers to create wealth that translates into jobs and prosperity for millions of Americans.

The supposed compromise adds incrementally to the long-term goal of impoverishing America and making sure its ability to create wealth is irreparably broken.

Article written by Kurt Nimmo
Infowars.com
January 2, 2013

Emerging Signs of A New Global Crisis

A more than one trillion dollar debasement in 2013 is now apparent.

Last week, the Federal Reserve announced an expansion of its bond-buying program consisting in large scale purchases of long-term treasury securities.

These purchases come in addition to the monthly $ 40 billion in mortgage-backed securities (MBS), the so called QE3, launched in September of this year. This means that now, monetary expansion will be equivalent to a total of $85 billion a month. Simply put, this is an unprecedented rate of currency creation for the FED.
Thus, a more fitting name for this latest round of easing would be QE4Ever (QE forever).

The novelty in the Fed’s most recent statement is that for the first time it has linked its bond purchases to specific economic parameters.

The FED stated it would hold its target interest rate (currently between 0 and 0.25%) and continue easing for as long as unemployment remained above 6.5% and inflationary expectations did not exceed 2.5%.

How did the FED select the given unemployment rate parameter?

Perhaps it is associated with the fact that unemployment sat at 6.5% at the cusp of the financial crisis in October of 2008.

If the labor market does not improve substantially (hint, hint… it won’t) the FED’s Open Market Committee will continue its purchases of Treasuries and MBS indefinitely with a likely possibility of increasing these purchases in the future.

The central point for stock markets is that this ultimately leads to a trap. In the future, positive employment data could be judged as negative, by signaling an end or a reduction to the FED’s stimulus to an economy that has become dependent on it. This would be negative for stock markets, as it is no secret that there exists a direct correlation between monetary stimulus and rising stocks.

However, we must realize that Ben Bernanke, FED chairman, is not willing to tolerate high unemployment nor is he willing to tolerate falling stock markets. This exposes an already evident problem: QE dollar debasement will remain the essential wonder drug to sustain this ficticious notion of a “recovery”.

A simple reminder that in order to lower the unemployment rate from its peak of 10% in October of 2009 to 7.7% in November of 2012, the FED added $ 1.8 trillion to the currency supply, today closer to $ 2.7 trillion (see chart). A high price.

At the advertised rate, in less than a year, the FED’s balance sheet could be approaching $ 4 trillion or beyond.

Continue reading QE4 Ever: Emerging Signs of A New Global Crisis at GoldSilver.com

The Curse of the Reserve Currency

Is reserve currency status an economic blessing or a curse? The answer might seem obvious, as reserve currencies have been shown to confer lower borrowing costs on their issuers. But what of the borrower who, enticed by low interest rates, borrows more than they can pay back? Naturally the result will be a default. However, for the issuer of a reserve currency that is unbacked by a marketable commodity, such as gold, in the event that they borrow too much, they can just print more currency. While this avoids default indefinitely, it also hollows out the economy, erodes the capital stock, reduces the potential growth rate and, eventually, leads to a dramatic devaluation of the currency and loss of reserve status. History has not been kind to countries that have followed this path. In my view, the grave investment risks associated with the US dollar’s inevitable and potentially imminent loss of reserve status are not priced into financial markets.

Continue reading whole article

Goodbye Penny and Nickel Coins in 2013

Skewnews.com is reporting that Canada recently announced that they would be phasing out their penny coin. On the heels of the Canadian announcement, U.S. Treasury Secretary, Tim Giethner stated in a press conference today that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013.

Due to the rising costs of zinc and production related expenses, the U.S. Mint now spends 4.8 cents to make a penny. And the cost of copper and nickel have inflated the cost to create a nickel coin to 16.2 cents.

Gone in 2013

In 2011, the U.S. mint made over 4.9 billion pennies, at a cost of $118 million to make. That is $236 million to produce only $49 million worth of pennies, a loss of $187 million in minting costs. Minting the nickel coin also represents a significant loss in revenue.

By comparison, the dime (which costs 9.2 cents to mint) and the quarter (21.31 cents) are economically more feasible, and will continue in circulation through 2013. However, according to Giethner, the dime may be in jeopardy as early as 2014.

Once the phase out of pennies and nickels begins, merchants must be equipped to round all transactions to the nearest ten-cent increment.

If something costs $1.53, for instance, it will be rounded down to $1.50, and a transaction for $1.55 or higher will be rounded up to $1.60. Credit card, debit and check payments would also be subject to the rounding rule. It is expected that the rounding will not result in higher costs for purchases or losses for merchants.

Pennies and nickels will continue to hold their inherent cash value, and they can be traded in at financial institutions. Banks will then return the coins to the mint for recycling into their base materials. By mid 2013 it is expected that the penny and nickel will both be mostly removed from the U.S. economy.

Steps to Take in How to Sell Your Coin Collection

There are several steps that must be taken in figuring out how to sell a coin collection. There are many auction websites that allow individuals to more easily sell a coin collection online, although there are other ways in which an individual can sell a collection in more traditional methods. If you have been working on a coin collection for years then you will be thoroughly versed in the value of the different coins in the collection so that you will not have to do as much research to find a buyer. In addition, as a collector of coins, you will also be more informed about the different buyers on the market, having probably bought and sold to them during the course of collecting the coins over the years.

First Steps

For those who have not been a coin collector for years, how to sell a coin collection can be a very daunting task. Often a coin collection is inherited leaving the individual seeking information on how to sell a coin collection. Unfortunately, there is not an easy method of selling it unless the individual has a trusted individual that is knowledgeable in coin collections and can take care of the process for him. Otherwise, the individual must do a lot of homework to find just the right person or company to buy the coin collection.

One of the first steps in how to sell a coin collection is to determine what coins are in the collection and what they are each worth. Sometimes the coin collection will contain only one type of coin, some of which are not worth much in themselves but are worth something when in a multitude. With this situation, the individual will not want to spend all of his time counting thousands of coins. The solution is to find out what the coins weigh and then find a scale on which the coins can be accurately weighed to determine the amount that there are in the pile.

If there is more of a variety in the coins, then the individual must use books and experts to determine the types of coins in the collection and what their possible worth might be. This is one of the hardest parts for a novice in how to sell a coin collection since they are not familiar with the coins and will not be as able to determine if the coin is in mint condition or if it has flaws that are barely visible to the naked eye.

Buy Gold Assets: The Advantages

For many years, people have bought and invested in gold. But before you Buy Gold Assets though, you need to take some time to do background research on the market you will trade in as well as the dealers that sell them to you. When this is done correctly, buying gold is the safest and most profitable investments you can make. And there are a lot of reasons and advantages of investing in gold. To begin with, gold is a common form of insurance during difficult economic times when the value of currency drops. Since gold maintains its value regardless of economic standing, it is one of the very few items that can survive inflation. To add to that, gold is accepted as a means for exchange anywhere in the world.

SilverSaver.com

Since gold has immense value, you can find a lot of people trading gold for profit and in fact, there are those that have become quite successful trading it. This is because there is always a huge demand for gold and considering the fact there isn’t much of a supply, this continually increases the value of the already very precious metal. And if you have plans to BuyGoldAssets and trade them for profit, it is important that you take some time to learn about the market and how you ought to trade the gold in your possession. The first step usually is to purchase gold from reputable dealers either online or in physical establishments. But if you are going to buy gold for the first time, it is advisable to do it in person so you can talk to the gold dealers in person and they can provide tips and advice about investing in gold.

On the other hand, if you are a seasoned investor and have been trading gold for some time, you have enough savvy in you to buy from online gold dealers. There are websites such as BUYGOLDASSETS.com that can also provide helpful tips and advice about buying gold from the internet. Because it is more practical and easier to do so, you can find a lot of people that choose to buy gold from online dealers. In addition, buying online is safer considering you do not have to walk around with gold Kruggerands in your pocket. You just have to be sure though, that you are going to buy the gold only from reputable online gold dealers; those that have been in business a long time and are highly recommended by a lot of other investors.

Gold and Silver Coin History

The major commercial center linking the Asian kingdoms of the east with the coastal Greek cities of Ionia was Sardis, the capital city of ancient Lydia. So it was only natural that the first coins ever made would start here. Around 650 BC, give or take 10 years either way, coins with the head of a Lion first appeared and was used as the first system of bimetallic currency. These first coins were made of a metal called electrum, an uneven mixture of gold and silver, and sometimes had small traces of copper and or other metals in it.

In Lydia, the most used coins was minted into the weight 4.76 grams, These were called the trites and valued at 1/3rd a stater. Three of these coins weighted about 14.1 grams, and equaled one stater. A stater being about one month’s pay for a soldier. One stater size coins as well as smaller fractions were minted also: the trite 1/3rd, the afore mentioned coin, the hekte 1/6th, 1/12th, 1/24th, 1/48th and down to 1/96th of a stater.

It didn’t take long for the Greek cities of Ionia to start using electrum to start making their own coins. Widespread trading of electrum made coins was somewhat hampered however. Because of the uneven mixture of gold and silver, it was rather difficult to determine the exact worth of each coin. For this reason a foreign merchant would offer very low undervalued rates on local electrum coins. In 570 BC pure silver coins were introduced in parts of Greece making these difficulties less and less a problem.

By 560 BC, the Lydians came up with a process to separate the gold from silver, bringing about the minting of the first gold coins. Now gold coins were being produced along with silver coins. Electrum coins did remain a fairly popular form of currency until around 350 BC. Gold and silver coins however quickly became the world standard for currency used in trade. What helped to bring this about so quickly was in 547 BC, when after 13 days of the siege the Persians scaled a lightly defended part of the wall and captured the city of Sardis. Cyrus being amazed with the gold coins found in the Lydian kingdom, decided he wanted to make these gold coins for himself. The Persians learned to mint gold coins and began to use them for trade.

The Greek’s liked the use of silver coins as currency and helped to make silver coins excepted as a world standard for currency. Unlike the Greeks, the Persians preferred gold coins over silver, and helped to make gold coins excepted as a world standard for currency. Between the two, gold and silver coins become the money excepted throughout the known world. From that time gold and silver coins has been the only true form of money to this very day.

At this point you may be saying what about the paper dollars, or yens, or euros I have in my pocket? Around 100 AD the Chinese were the first to invent paper. Sometime in the early 7th century they also become the first to invent paper money. This paper money was called flying money. These first bank notes carried a guarantee that it could be traded at any time for coinage. The paper was not the real money, it was the coinage that it could be traded for that was the real money. The paper was just a form of a promissory note, a promise to trade for real money.

In 1292 when Marco Polo came back from his travels in China telling people about this paper money they used there the people in Europe didn’t believe it. It seemed as a joke that the Chinese used paper for money. Paper money in Europe wouldn’t come about until the 1600s. In the mid 1600s paper money began to appear throughout Europe, some accepted, some not. The Goldsmithnotes printed by the Bank of England founded in 1694, were again a type of promissory note. These notes were printed as a promise from English gold smiths for account deposits. The clause “(I) promise to pay the bearer on demand the sum of — pounds” in gold. Again the paper was not the money, the gold it could be traded in for was the money.

Article 1 section 8 paragraph 5 of The United States Constitution states that Congress has the power “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;”

Article 1 section 10 paragraph 1 of The United States Constitution states that “No State shall … make any Thing but gold and silver Coin a Tender in Payment of Debts;”

From these 2 sections of The United States Constitution it is clear that our founders did not want paper money as a form of tender in this country, and for good reason. They knew that gold and silver coins have and keep value, and paper always comes to problems. Many of our founders seeing the problems Europe had with their tries at using paper money, plus the early tries of the colonies to use paper money.

In 1836 the first bank notes were printed, with over 30,000 designs and colors, they were easily counterfeited, along with bank failures, became almost as poison to most people. In 1861 Congress authorized the United States Treasury to issue paper money for the first time in the form of non-interest bearing Treasury Notes called Demand Notes. In 1862 these notes were replaced with United States Notes. Commonly called Greenbacks. In 1865 Gold Certificates were issued. In 1868 National Bank Notes, backed by U.S. government securities were printed. In 1878 Silver Certificates in exchange for silver dollars were printed. In 1913 the Federal Reserve Act was passed, then everything changed.

Until this point the paper money printed could be traded in for gold or silver coins – real money. For a while federal reserve notes could be also. From 1913 to 1963 the federal reserve note went from a note that could be traded in for real money to nothing but a piece of paper that is not backed by anything, a debt instrument. Federal reserve notes no longer says it is redeemable for gold or silver, it only says “This Note Is Legal Tender For All Debts Public And Private.” In fact the words lawful money is nowhere on the note at all anymore.

Today’s federal reserve note is what is called fiat currency. Fiat currency does not have any intrinsic value or any guarantee that it can be converted into gold or another currency. Fiat currency is nothing but a government’s order (fiat) that it must be accepted as a means of payment, back by nothing at all. The founders of the United States knew that is what would happen if paper money became accepted. That is why they made gold and silver coins the only form of lawful money in our Constitution.

Paper money never has been and never will be real money. Gold and silver coins has been and still is the only true real money. You hear that gold and silver is going up in value, when in reality it is the paper money going down in value, meaning it takes more paper to buy the same amount of gold. Back when quarters were still made of silver you could buy a loaf of bread with one of them. Today that same quarter made of silver would still buy you a loaf of bread.


Earn Silver

Gold and silver coins is the safest place to invest your paper dollars. It is the one thing you can invest in that will never go broke. Stocks and bonds may crash, paper money may become worthless, banks may fail, but all through history gold and silver retains value. It is well known that Gold coins are the safest and most risk free place to invest ones savings. As the news informs us of the failing economy, and we see prices of everything go through the roof we need to find a safe place to put our hard earned federal reserve notes. At the decay rate of the dollar, if you can survive on $20.000.00 a year today, in about 10 years it will take you over $50,000.00 a year to live the same life style. That same $20,000.00 in gold coins in 10 years will last longer than a year.

Paper currencies offer you no protection in your investments, it only loses more and more value with each passing year. There is nothing that offsets the shrinking value of currencies like gold coins. When you save gold and silver bullion coins, such as the American Eagles, you build yourself a fortress of investment security.

Article written by Bernie Wheater
Bernie Wheater lives in Rochester, New York. He is a marketing and business consultant. He helps show people the benefits of owning a home business.

Visit his website at: [http://www.freemoneytree.tk]

If you would like to learn how you can obtain Gold and Silver Eagle Coins for 40 cents on the dollar go to: [http://www.silverandgoldcoins.tk]

Article Source: http://EzineArticles.com/?expert=Bernie_Wheater

Just Can’t Get Enough Silver

Don’t miss this EASY, AFFORDABLE and FUN
Silver Accumulation Program.

I love getting physical silver and am doing so in a variety of ways.

Recently, I came across another pretty cool way to get 1 oz. Silver American Eagle coins. I haven’t stopped any of the other methods, I’ve just added another source to accumulate even more silver.

This is a bit different from the other methods, however. And, it’s quite easy and very affordable for anyone.

For a one time payment of $20, you can get an unlimited number of 1 oz. silver American Eagle coins. Each time you cycle in this simple to fill 3×2 matrix, you will be sent 2 ounces of silver…. fill another matrix and get 2 more ounces, do it over and over again for an unlimited number of silver coins…

Pretty cool… unlimited American Eagle coins for $20.
Now, that’s getting silver at WAY below spot price.

After signing up, I’m simply advertising my site in traffic exchanges and list builders… the same ways I’m advertising my other silver accumulation programs.

If you’d like a simple and affordable way to add silver to your portfolio, you really should check this out…

http://www.silvereaglesonline.com/silver3x2/

It doesn’t get much easier than this to get you earning silver coins even faster.

Assessing the Benefits in Silver Coin Collecting

We’ve seen over the past five years the collapse and near collapse of financial giants and companies considered too big to fail. Because of this, many people are looking for alternative investment opportunities and quite a number have considered silver coin collecting as possibility. If you are one of the many people who want to try collecting silver coins for profit, there are several things to consider ensuring your efforts will pay off.

Silver Bullion Coins

If you are seriously considering silver coins as part of your investment portfolio, you need to first of all decide if you want to collect silver bullion coins or if you want to buy silver coins that were minted and circulated as legal tender.

Silver bullion coins are generally made of 99.9 percent silver except for the British silver Britannia which has a silver content of 95.8 per cent. Normally, the face value of a silver bullion coin is lower than its actual market value. For example, the Canadian Silver Leaf is a one Troy once silver bullion coin with a face value of five dollars and a market value of over thirty dollars based on the market price of silver.

Silver bullion coins provide good protection against any economic meltdown, but if you are expecting spectacular profits from investing in this coin, you will be disappointed. Financial gains with this particular investment only happen over the course of time, when the bullion coins in your safety deposit box rise in value in consonance with the price of silver.

Investment Coins

Apart from silver bullion coins, you can also go for the other type of silver coins which are sometimes referred to as investment coins. Generally, these are coins are made of at least 90 per cent silver and are, or have been, a legal tender in their country of origin.

In the past five to ten years, increasing silver prices have made these coins a popular choice for collectors. On one hand, there is always a chance to one day sell currency coins for a big margin of profit, but on the other hand, there are bigger risks in this direction because factors such as demand and popularity enter the picture.

On the plus side, silver is cheaper than gold so it is possible to begin acquiring a silver coin collection without breaking the bank. American silver coins that are not categorized as rare have a prize range of two to twenty dollars.

What to Keep in Mind

There are certain things to keep in mind to keep your money safe as you go about silver coin collecting.

  • Always do your research before you make a purchase. If a coin is worth a lot of money, look for official authentication. Find out if the coin has maintained good value over time.
  • Go for high quality coins which are more certain to appreciate in value than oddities. Double check quality and grade by using reliable resources like the official Red Book.
  • Keep clear of TV or internet bargains. Remember that if anything sounds too good to be true, it usually is.
  • Provide good storage for your collection. Good storage does not mean a shoebox hidden away in your closet or in your file cabinet. Get a safety deposit box.
  • If you want to go about silver coin collecting as an investment, be ready to sell when the price is right.

Many resources say that the outlook for silver is good and that the annual demand for this metal exceeds the supply, Moreover with the current economic situation, more and more people are becoming interested in using this metal as a way of keeping their money safe. The side effect of this increased demand would be to further drive prices of silver up, making it a good investment today. However, even with these rosy predictions, it is good to practice due diligence and caution. This way, although you may not make a killing in your investments, you will be better assured of both profit and protection in silver coin collecting.


Earn Silver

Should Christians Prepare for Economic Catastrophe?

If you have paid any attention to the news lately, you cannot have missed the signs of pending economic disaster. People are struggling to keep their homes, banks are struggling to remain solvent, and governments are struggling to remain in power.

And, what is a common financial issue in all these crises?

Debt.

Since allowing our governments to convert us from a commodity based financial system to a debt based system, we have created an appearance of prosperity through constant borrowing. In truth, our prosperity is not founded on anything tangible, but rather is a facade grounded on ever increasing debt. It is one giant pyramid scheme. And, like any pyramid scheme, it will collapse one day… perhaps one day soon.

To better understand money and our economic situation, I recommend watching the Crash Course by Chris Martenson.

Now, any intelligent person can understand this…

We simply cannot keep borrowing and borrowing to finance our current lifestyle. Governments borrow by printing more fiat money that devalues all the other money in circulation. Individuals borrow by pledging to repay at sometime in the future. In other words, they are exchanging their future security for some present pleasure.

The Bible tells us…

The rich rules over the poor, and the borrower becomes the lender’s slave. – Proverbs 22.7

For many, they already feel the yoke of slavery because of their debt. However, when the current debt based financial system collapses, the chickens will come home to roost and nearly every one of us will feel the sting of the slave-master’s whip.

Perhaps you feel powerless about all this and don’t believe there is anything you can do. That’s certainly the case with unbelievers… they are powerless.

As a born again believer, we follow a different voice… one that says,

I know both how to be abased, and I know how to abound: every where and in all things I am instructed both to be full and to be hungry, both to abound and to suffer need. I can do all things through Christ which strengtheneth me. – Philippians 4:12-13

We are NOT powerless and there is something we can do to prepare.

A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences. – Proverbs 27:12 (NLT)

There may not be anything we can do in regards to governments blind path to economic apocalypse, but there are some things we can individually do to protect ourselves.

We can totally eliminate our debt, including auto loans and home mortgages. You may need to adjust your spending habits to do this, but the freedom that comes with being debt free will make the sacrifices worth it. If this step seems impossible to you, take the issue to the Lord in prayer and allow Him to show you a better way.

We can not put our savings into the fiat money pyramid scheme. Instead, we can invest in tangible commodities that have intrinsic value… things like gold and silver. These have provided real value to people for thousands of years and have never become valueless.

I’m reminded of the parable of the wise and foolish virgins in Matthew 25:1-13. Five were prepared by having the necessary oil to light their lamps when the bridegroom came. The other five were foolish and not prepared and as a result missed the wedding banquet.

You have a choice today. Will you be like the wise virgins or the foolish virgins?

When is the Perfect Time to Sell Coins

When is the perfect time to sell coins? This may be a dumb question if asked of a coin collector however timing really does make a difference. There are times when a collector wakes up in the morning and suddenly makes a decision to sell his precious collection of coins. There are also times that a collector needs to give up his coin collections due for personal reasons and the idea of selling his precious coins may be the most difficult part. No matter what the reasons are, it is a fact that this does occur in the life of a coin collector.

There are many reasons why coin collectors sell their coins – there are coin collectors who are dealers as well. Selling coins is their option and they may use it to generate income so that they can acquire other coins that they like.

Some collectors travel in search of a coin they want and during that travel, they may encounter coins that may not be qualified for their own collection but they buy them anyway. Upon returning home, they sell the coins they have purchased and make use of the money to buy the coins they are looking for.

There are also coin collectors who gather coins not just as their hobbies; these coin collectors use the coins as their source of income. They make a living from selling the coins that they collect. Sometimes they sell the coins to other collectors and price them higher than the usual price of the coins and this is appropriate if the collector owns limited edition or rare coins.

On the other hand, some collectors sell their coins because of other factors. They may sell coins because of personal reasons. Collectors sometimes decide to “give away” their collection because they no longer have any option but sell their coins. This is the most difficult situation for coin collectors as they often value their coins and as much as possible would not want to give them away – the coins may be memorabilia or may have sentimental value to the collector.

Once a collector has decided to sell his coins, he must consider if it is really the right time to sell the coins. Is the collector ready to give away his coins? Is the coin at higher price now? Will it do well and will he benefit from selling his coins? These factors should always be considered.

There are other options available to determine where a coin collector could sell his coins. He may want to sell the coins at auctions. Many people now prefer the option of putting their belongings up for auction and this is not limited to coin collections.

There is also a higher chance of having the coin sold at a higher price since auctions include bidding processes. Buyers may bid for a higher price especially if the coin being sold is of rare quality and has a higher value.

A collector may also want to put up a website to advertise the coins that he would like to sell. The Internet is the easiest way for collectors to search for coins. In addition, putting the coin on the Internet will make the selling an easier task. The collector may put up his own website and place the pictures of his coins and some brief descriptions on it. He should also note how much he is willing sell them for.

There are other options too: the seller may want to do a dealer-to-dealer negotiation. He can go directly to coin dealers and sell his coins. The dealers then can sell the coins that they purchased to other dealers.

It is important to compare prices between one dealer and another as there is always a chance that one dealer may buy the coins at a higher price than other dealer. It is wise to shop for dealers and then decide which you one you want to deal with.

It is also recommended that collectors who decide to sell their coins use a coin grading service. It is very important so that the seller not end up a loser when he sells his coins. By using a grading service, the seller will be able to set a price that is based on the assessment made by the grading service who will determine the actual value of the coins.

Most importantly, coin collector should not clean their coins once they have decided to sell them. If they do, the value of the coins will depreciate.

Declare Your Independence from the FED Money Ponzi Scheme

Now that Obamacare is the Law of the Land, I believe more strongly than ever that if we are going to survive the financial holocaust this law is bringing, owning physical gold and silver is more important than ever.

Despite the numerous new taxes that will be imposed in the coming years, Obamacare is destined to explode the national debt and deficit. How will the government pay for all that debt?

The FED will print more money… that’s how.

And, what happens when the FED prints money?

Watch this video that explains money creation by the Federal Reserve and how it is manufactured out of thin air.
http://www.youtube.com/watch?v=p3_Q1SiRN-A
also: http://www.youtube.com/watch?v=bcc-TqvCXqU

Quite simply, it devalues our dollar. Each of the paper dollars you have in your wallet will purchase less and less. Some might call it inflation.

I call it theft.

It’s stealing the future purchasing power of all Americans and transfers the wealth to the mega-banks, insurance companies, and derivative speculators.

Watch this video to see how inflation works…
http://www.youtube.com/watch?v=afWqKcqntfs

If you want to maintain your purchasing power and have any hope of protecting your wealth, you’ve got to get out of paper assets now and go “all-in” with commodities that maintain their value. In other words, gold and silver.

In addition to perhaps buying some coins from your local coin dealer, I’ve been recommending several other ways to get more precious metals.

Silver Snowball

Silver Saver

Whatever you choose to do, I suggest you do it soon because the day may not be too far off where you won’t even be able to buy physical gold and silver any longer.

Silver And Gold Prices Per Ounce: What Goes Up Needs To Come Down

It happens to be currently really critical for investors to think about buying each silver and gold. In September 2010, gold climbed to some record $1,296 spot selling price per ounce. Silver also continued its steady gain, reaching $21 per ounce. An economic investment source, Arabian Income, predicts gold to gradually rise in worth to $5,000 within another three years. Considering that with the historic 15:1 ratio of your average cost of gold on the average price of silver, the gradual increase in gold worth may also result in an increase in the silver and gold prices per ounce from $21 per ounce to $315 per ounce in three many years.

Gold and Silver Versus Paper Currency

Gold and silver have grown to be good investments for the reason that of a continually weak economic sector and government action. The united states dollar’s decreased value when compared to Euro and concerns of excessive printing by governments has forced a large number of investors to make investments in commodities that have a proven ability to retain value. Due to the fact August 2001, gold has risen in value by $900 per ounce and silver by $14.50 per ounce. Gold is expected to pass $1,600 per ounce by the end of 2011 and silver will continue to shadow its rise in price during a period where slumping global currencies have made buying gold and silver a good quality investment. By investing in gold and silver relatively than paper currency, you’ll be able to expect to see a larger ROI in many years in the foreseeable future.

Factors that Influence Neglect the in Gold and Silver

As a way to maximize the return on your investment in silver and gold, you’ll have to have to understand all in the factors that could possibly affect the worth within your investment. These factors include the daily market spot price tag, the type of coin or bar you’re purchasing, and external economic data.

The daily marketplace spot silver and gold prices per ounce changes each day in accordance with demand and supply. For example, when the supplies of gold or silver were to rise in one day for the reason that demand decreased, the daily current market spot price tag would decrease. The daily sector spot price would possibly also fluctuate depending around the location of this commodity exchange you show up at. For instance, the spot expense inside US will probably vary from your spot expense in Japan.

The kind of coin or bar that you simply invest in will also have an effect around the price you pay when you make your purchase. This is because government fees usually cause the value of bullion coins and bars to end up being above the spot expense. Certified exceptional coins are also a great deal more treasured than the spot cost would indicate, owing to their rarity. For example, the price of evidence American Buffalo cash is currently $1,500 that could be 4-5% above the spot value of gold.

External economic data may also have a significant influence around the price ranges of silver and gold. Generally, the spot price of gold and silver such as gold and silver will increase during an economic downturn. The main reason being, as stock and bond investments dwindle appealing, investing silver and gold prices per ounce becomes significantly more appealing. As significantly more persons commit in important metals, the demands (and their selling prices) increase. It really is advisable to carefully watch external economic data for example stock indexes and also the Dollar Index to become in the position to plan the most effective time to make investments.

Searching for news and investing assistance that you simply can count on? Properly turn to us for price of gold. Obtain all your investing demands about topics similar to gold prices silver prices and so much far more at this time!

Top Coin Pick for June – 2012 1oz Kookaburra High Relief Ultra Cameo

Our Currently Featured Coin is newly released and already sold out from the Perth Mint:

The 2012 1oz Kookaburra “High Relief” Ultra Cameo “Early Releases” Designation on a Very Rare Label.

Own One of Currently ONLY 390 Graded and Certified PF70 in the world!

Reverse Design: This beautiful 1oz includes the Darryl Bellotti design of the “AUSTRALIAN KOOKABURRA”, made with an extra-deep “blank” (known as a Planchet) to accommodate it’s superbly detailed high relief depiction of a Kookaburra perched on a tree branch with gum leaves, the Perth Mint’s ‘P’ mintmark and the 2012 year-date.

More Details:

  • 1 AU Dollar Legal Tender
  • High Quality .999 Pure Silver
  • Completely Sold Out at the Perth Mint
  • Limited Mintage of only 10,000 Coins
  • Very Beautiful and Highly collectible coin
  • Stunning Ultra Cameo “High Relief” Proof Design
  • NGC Graded PF70 with Rare Label portraying the Australian Sydney Opera House

Certified and Graded PF70 by NGC with a Very Rare Label. The Perth Mint struck the coin from 1oz of 99.9% pure silver in proof quality. “Early Releases” Designated coins are struck first at the mint from “FRESH DIEs” and only the first small percentage of coins can be submitted as Early Releases Coins driving higher premiums.

The Perth Mint’s unbeatable minting expertise, use of advanced manufacturing technology and design artistry, contribute to their reputation as producer of the highest quality Australian collectible silver coins in the world.

Obverse Design: The coin depicts the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II on the obverse and is issued as legal tender under the Australian Currency Act 1965.

At ISN Modern Coins we want you to be 100% Satisfied! We proudly stand behind every item we sell and guarantee that all precious metal items are genuine, contain the weight, fineness, and purity that we have advertised.

Every month ISN Modern Coins introduces a Rare, “Hand Picked”, different coin at an exceptional price. Be sure to come back again and again to take advantage of these specially featured coins.

ISN Modern Coins is a trusted premier Modern coins dealer specializing in the sale of high grade modern day graded and certified government struck coins from around the world. Our wide variety of coins include but is not limited to “Mint State” and “Proof” American Silver Eagles, Australian Koala’s, Chinese Pandas, Lunar Series Coins and much more. No matter what your coin desires are, ISN more than likely can fulfill them. Buy with confidence and if you’re not 100% satisfied we will provide you with a refund, no questions asked!