Coins And Currency Collecting-Everything You Need To Know Blog

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Saturday, December 27, 2008

More information on grading morgan silver dollars

Gold And Silver Coin Collecting Article Of The Month



More Numismatists News

War, invasion, looting, crisis and gold. In times of national crisis, people fear that their assets may be seized and that the currency may become worthless. They see gold as a solid asset which will always buy food or transportation. Thus in times of great uncertainty, particularly when war is feared, the demand for gold rises.
The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. GATA underwrote the federal anti-trust lawsuit of its consultant, Reginald H. Howe -- Howe vs. Bank for International Settlements et al. -- which was pursued in U.S. District Court in Boston from 2000 to 2002. While the Howe suit was dismissed on a jurisdictional technicality, it became the model for Blanchard Coin and Bullion's anti-trust lawsuit against Barrick Gold and J.P. Morgan Chase & Co., which was filed in U.S. District Court in New Orleans in 2002 and prompted Barrick Gold's decision to stop selling gold in advance for 10 years.
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For most of history, coins were valued based on the precious metal they contain. Whether a coin is made by who it appears to be was of secondary importance compared to whether it contains the correct amount of metal, that is, right weight and fineness. Genuine appearance was simply a convenient shortcut to avoid time-consuming tests in everyday transactions.
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If numismatists - those expert in coin collecting and valuation � agree on one thing, it's that coins should never be cleaned. Every coin dealer has horror stories about a non-collector who comes into his shop with a box of shiny old coins. Most of the time, the coins have no numismatic (collector) value at all; they are just old but common coins. But occasionally, a rare former beauty is found in the mix. It's a former beauty because whatever value it once had has been scraped off by an excited finder and a jar of silver polish. The coin, which might have been worth hundreds or thousands of dollars, is now all but worthless.
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Frosty luster is considered a plus by most collectors. Unfortunately, this sort of luster is becoming harder to find as more and more gold coins are chemically treated. Coins with original frosty luster have what I call a wagon wheel effect where the luster flows clockwise and appears to almost radiate out from the center of the coin.
Buy gold coins.

Some grading morgan silver dollars Stories

1980-D&S Lincoln Cent Debunked!

Mon, 29 Sep 2008 11:14:27 +0000
by Ken Potter - NLG
The 1980-D&S Lincoln cent variety has bit the dust! Referred to by some as a Dual Mint Mark and by others as an Over Mint Mark (OMM), it had been one of the most hotly debated varieties amongst specialists for over a decade. James Wiles, 20th Century Variety Coin Attributer ...]

Proof ’38 nickel with serif seen

Wed, 25 Jun 2008 11:04:54 +0000
A new variety of the proof 1938 Jefferson nickel has been announced by Michael S. Fey, Ironia, N.J.
The coin has a serif at the lower end of the “S” in TRUST as compared to no serif on the previously known examples.
Fey made the announcement after researching the coin first shown to him by an unidentified ...]

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