February 2013 Archives

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.

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.

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

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.