american eagle coins

Tips for Buying Bullion Coins

Bullion coins may have high values because they are not only limited; but also they may have been found in shipwrecks, or they may come from the ancient times. For these reasons, bullion coins are favorites among many collectors.

Ron Paul Silver CommemorativeSilver bullion coins could be the most well known type of bullion that is selling very well on the internet and are among the most expensive and valuable items in the world.

Some high priced coins you’ll find include the silver ingot. The silver ingot was said to have been found in the Spanish ship Atocha that sank in the ocean. This ship was found to contain treasures and artifacts including silver ingots. Others claim that the silver ingots were recovered from an old Colorado Mining area. Coins were found everywhere and were said to have been hidden by the miners.

Canadian Maple LeafThe silver Maple Leaf Coins are also popular among collectors. These coins came from the Royal Canadian Mint and include the Walking Liberty half-dollars and the dealer roll first-strike 1994 U.S. Eagles. These items were a collection of the Franklin Mint which had more than 100 masterpieces in their memorabilia.

Most bullion collectors prefer the gold billion. Some famous bullion gold coins include the gold Krugerrands, which are from South Africa. The European Gold Crowns were released from the late 1800s to the early 1900s. Other items include the Canadian Maple Leaf Coins and the United States American Eagle Coins. British Sovereigns can also be found including the Swiss Helveteas and the French Roosters.

The awesome 10-ounce Swiss gold bar, China gold panda set, and the American eagle proof set coins can also be found and are considered to be the most seen coins on the internet. There are gold bullion found in the American Eagle set, Mixed Lots, Rounds, Bars, and any other similar categories that are found on some sites on the internet.

A type of bullion that is not well known is the Platinum bullion. It is not as in demand as great the silver and gold bullion coins. Platinum bullion can be purchased anywhere: some of them are the French Statue of Liberty coins, Eagle sets, and the Koala Proofs. The World Trade Center has also offered some Platinum bullions like the Englehard platinum bar, crucible dish made of platinum bullion, and the Johnson Matthew Year of the Dragon coins which were recovered from the safety vaults of the building when it collapsed.

These coins can be considered as thoughtful gifts aside from their being valuable since they can be kept as a souvenir from the person who gave it. A bullion bar that features a happy birthday greeting can be a thoughtful gift for a friend’s birthday especially if the bar has the date of the birthday on it. Some people also use them for their anniversaries as their gifts to one another – they search for those bullions that have the date of their engagement or the wedding year. Some brides also ask their groom to find her 24-karat gold flakes or silver flakes as her chosen token for their wedding.

Coin collecting of this type can be very expensive, especially when buying bullion, but here are some tips that can guide a person in his search for affordable bullion.

  • You must be sure of the type of bullion you would like to purchase before ordering or buying.
  • You must ask yourself, or the person you are buying the bullion for, what bullion he/she prefers and ask if they would like to come with you when purchasing the bullion.
  • You need to figure the delivery costs and add them to the agreed price.
  • You should be sure that the seller will guarantee delivery for the item if they have ordered it on the internet.
  • You should never make the payments using instant money transfer firms.
  • It is important to know the seller’s background and reputation in the business.

U.S. Mint Ups Allocation of Silver Eagle Coins

Silver Eagle

Silver EagleThe U.S. Mint has increased its weekly allocation of American Eagle silver bullion coins. “The U.S. Mint has 2,204,500 ounces of American Eagle silver to allocate this week,” says a memo from the Mint. Previously, the Mint had been allocating 1 million ounces weekly, an official says.

By Allen Sykora of Kitco News; asykora@kitco.com

U.S. Mint Suspends Sale of Silver Eagle Coins

2015 Silver EagleThe U.S. Mint has suspended sale of U.S. silver eagle coins because a large increase in demand has depleted their inventories. In the memo to authorized purchases said the suspension would last about two weeks.

In today’s memo to bullion coin buyers, the Mint said:

“As you are aware, the significant increase in demand for American Eagle Silver Bullion Coins depleted our current inventories. The United States Mint facility at West Point, New York, continues to produce American Eagle Silver Bullion Coins and we anticipate resuming sales in approximately two weeks.”

Gold and silver coins legal tender in Oklahoma

The U.S. Constitution (Article I, Section 10) provides for individual states to recognize gold and silver coins as payment for all debts. Last Wednesday, Oklahoma joined Louisiana, Texas, and Utah in exercising their Constitutional right to grant U.S. minted gold and silver coins legal tender status.

Bartering with gold or silver coins is legal in all states. However, states with legal tender recognition make it much easier for citizens to receive payments or pay bills in gold or silver. Legal tender status means no state or local sales or income taxes apply to transactions involving gold and silver American Eagles (and certain other U.S. coins).

At the federal level, capital gains taxes would still apply on coins whose value has appreciated in dollar terms.

What’s needed to allow gold and silver to compete on a level playing field with the U.S. fiat dollar is what Oklahoma has done at the federal level. Until then, we as individuals can help undermine the dollar’s undeserved and highly abused monopoly status by pressuring our state legislatures to declare gold and silver legal tender.

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

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.

Gold is hitting record highs; Silver is climbing

Ongoing concerns over stalled U.S. debt ceiling talks, as well as fears of debt contagion in Europe have fueled the rapid increases in Gold and Silver with investors seeking a safe haven in precious metals. Forex.com Analyst Kathleen Brooks noted, “Recently, Gold has outpaced Silver; however, with Gold reaching a record … we think that Silver may play catch up.”  Gold’s appeal as a safe haven and hedge against inflation are shining through in this time of global economic uncertainty. In addition, analysts suspect the price of Silver to continue its rise as investors seek an alternative to Gold and as demand from emerging markets begins to outpace the world’s limited Silver supplies.

The prices of Gold and Silver may only continue to rise if:

  1. there is a continued lack of progress on the U.S. debt ceiling talks with an August 2 deadline looming,
  2. European Union leaders seek solutions to bail out Greece again while trying to stop the crisis from hitting Spain or Italy, and
  3. investors worry about rising U.S. inflation with a possible third round of quantitative easing, known as QE3.

If you have been waiting to make your investment, don’t put it off any longer! CitiFX’s Chief Technical Strategist, Tom Fitzpatrick, said the next Gold rally should be similar to the July through December 2010 rally. Some experts say the technical charts for Gold based on past rallies see the precious metal reaching $1,750 an ounce or higher.

Recently, investors have been particularly interested in the following precious metal investments.

Gold American Eagles1 oz. 2011 Gold American Eagles

Since the Gold American Eagle was introduced in 1986, it has been in high demand. Its stately appearance and proud symbolism make the Gold American Eagle one of the world’s most popular forms of personal Gold ownership.

Buffalo Silver Rounds1 oz. Buffalo Silver Rounds

This .999 fine Silver bullion coin is a beautiful example of James Earl Fraser’s classic Buffalo design. Investors and collectors alike treasure this popular and easy to store coin.

Strike while the market is hot and take advantage of growing investment opportunities.

Don’t miss your chance to lock in your Gold and Silver position. Concerns over QE3, the ongoing European debt crisis and the looming U.S. debt ceiling may cause prices to increase even more.


Earn Silver

What Factors Affect The Value Of Coins?

Many people ask when they are just starting in coin collecting, “What is the value of the coin?” Oftentimes the answer is that the coin will cost as much as you are willing to pay for it and that amount can vary considerably. For instance, a coin dealer’s offer can be much less than a coin collector who wants your coin badly to add to his collection.

The following are factors that can influence the true value of a coin.

1. Grade or condition of the coin. Your coin will be worth more when it is in good condition. When in a perfect or unblemished mint condition, an “uncirculated” coin will be worth many times more than a similar coin that has been in circulation.

2. The rarity of a coin is the principal basis for a coins value. Generally, the rarer that a coin is found to be, the higher it is priced. Do keep in mind that rarity has very little influence on the coins age. Chinese coins are a thousand years old normally sell for about ten dollars since there are so many of them; while a 1913 Liberty Head Nickel can sell for up to or over a million dollars because only five specimens are known to be in existence.

3. Bullion value. A coin’s precious metal content can determine its value. A platinum, silver or gold coin will not, in general sell for less than the coins value when melted. You can learn the current spot price of your precious metal coins online.

4. Demand. There are coins that are greatly in demand; sought after by many collectors, and if that a particular coin is in great demand the price will be even higher. Even comparatively plentiful coins can mandate higher value when they are popular with coin collectors. For example, I have seen very high premiums in recent years of silver American Eagle coins, even though they are not particularly rare.

Take for example 1916 D dimes which are much more abundant than the 1798 dimes, yet in spite of this, 1916 D dimes sell for so much more because there are many more individuals collecting 20th century dimes than 1700 dimes.

Here’s how you can determine the approximate value of your coin:

1. Properly, accurately, and correctly recognize and classify your coin. You can do this successfully by examining your coin in a catalog or online with a coin price guide; this will give you an idea of the going rate and price of your particular coin and you can determine the approximate value of your coin.

Coin values are changing every day so you need to use a coin price guide that is updated on a daily basis to obtain the current coin value. Look at online sites that offer step by step guidance on how to recognize your coin the proper way.

2. Grade your coin based on your thorough observation and examination of its current condition.

3. Consult coin catalogs for a list of retail prices and/or estimates of your coins retail value. “A Guide Book of United States Coins”, popularly known as “The Red Book” to coin dealers and collectors, provides information on retail coin prices for US coins and is available in libraries, coin shops and bookstores. “The Standard Catalog of World Coins” (in volumes) is a guide commonly used by coin dealers and collectors as well, to provide information on world coins and is available in many public libraries.

You can also check current coin prices based on the actual dealer coin price found in magazines and newspapers or online auctions such as Yahoo, Coin World, eBay or Teletrade.

Most collectors are not collecting coins primarily for money; they collect for enjoyment and self gratification, and profit is to be last consideration. The fact that a particular coin does not have a large monetary value, does not necessarily suggest that it is no longer interesting or fascinating or that it must not be included in your collection.

Each coin will have a certain interest in itself, regardless of the condition that it is in and regardless of its monetary value. There will always be a certain characteristic that will draw you to that particular coin; so when it does, then you should have it in your collection. Have fun!

Ron Paul In “Why Gold & Silver?”

Congressman Ron Paul of Texas is the premier advocate for liberty in politics today. Dr. Paul is the leading spokesman in Washington for limited constitutional government, low taxes, free markets, and a return to sound monetary policies based on commodity-backed currencies.

Privately owned central banks are creating currency out of thin air across the globe. “The one characteristic of a country that debases its currency, and goes to a paper currency – the currency always self destructs, it always ends.” – Ron Paul

The Fed is private. Their anonymous shareholders are busy counting their dividends as they print the world economy into oblivion. “It’s the biggest scam that has ever been perpetrated, it’s amazing that we’ve gone along with this for close to 100 years.” – Mike Maloney

Now is the time to get educated. Your liberty is at stake.

Email 6

The American Eagle Silver Dollar Coin

American Eagle Silver Dollars are authorized by Congress and produced by the United States Mint at West Point, New York and are legal tender coins with a face value of one dollar (though they are worth considerably more since the market price of one ounce of silver has been many times greater than one dollar for more than four decades). Unlike silver medallions, silver bars, or art bars, American Eagles are Official Legal Tender guaranteed by the U.S. Government as to silver weight and silver purity.

Since the first day American Eagle Silver Dollars were released in 1986, they’ve been the most highly prized and most popular Silver Bullion Coins in the world! Many consider the design of the coin to be one of the most beautiful coins ever produced. Requiring no assaying, American Eagles are easily converted to cash at any time.

American Silver Eagle

The obverse (front) of the coin features Adolph A. Weinman’s stunning Walking Liberty design originally used on U.S. Silver Half Dollars from 1916 through 1947. The reverse design is a rendition of a heraldic eagle by John Mercanti and also features a shield, with 13 stars, representing the 13 original American colonies, positioned above the eagle’s head.

Highly prized for their historical beauty and pure silver content, American Eagle Silver Dollars are the largest Silver Dollars ever issued by the U.S. Mint. (These are impressively large and substantial coins.) By law, each coin contains one full troy ounce of pure silver. Each coin contains 1.0000 troy ounce of 99.9% pure silver and is 40.6 mm (1.598 inches) in diameter.

Every Silver Eagle is a work of art, minted to exacting standards by the United States Mint. These classic coins are among the most affordable ways to own government minted bullion coins.

These coins are commonly used as investments or gifts or collected or as protection in case of national disasters or bank failures.

Note: SILVER COINS ARE STANDARD RECOMMENDATIONS FOR ALMOST ALL SURVIVAL AND NATIONAL DISASTER SITUATIONS WHEN BANKS MAY FAIL OR CLOSE AND PAPER MONEY IS USELESS – ONLY SILVER AND GOLD IS ACCEPTED EVERYWHERE IN EVERY EMERGENCY.