Feb
25
I want to invest short term, some one recomend me BHP, hig gold miner in popua, NG?
Filed Under Investing | 4 Comments
Calidad de Vida
Please help me about this.
Please help me about this.
Feb
25
The History of Gold Coins Issued by Usa
Filed Under Collecting | Leave a Comment
Xavier
The first gold coins in the United States were issued back in 1795. The Unites States Mint set the value of the U.S. Dollar at 24 grains of gold. The value was based in accordance with the world price on the precious metal, which at that time was $19.39 per troy ounce.
The U.S. gold coins started to be issued in seven different mints around the country as the Western Frontier of the Unites States began its expansion. The mints were set from Philadelphia to San Francisco. The sizes of coins varied from one dollar gold piece to fifty dollar denomination. It is worth mentioning that at that time the U.S. mints issued coins that were worth their weight in gold.
In 1834 and 1837 U.S. Congress modified the gold specifications by setting the price of gold at a mark of $20.67 per ounce. When the Great Depression occurred in 1933, President Roosevelt made gold an illegal asset for the citizens of the United States. During this period, by Roosevelt’s order, all gold coins were returned to U.S. Treasury and the melted into gold bars. After that the value of the U.S. dollar coin was set to $35 per ounce. The global outcome was to decrease by 40 percent the buying power of the dollar
When millions of gold coins were melted into gold bars, they became very rare and thus highly sought by various collectors. According to money experts only about one percent of gold coins can be found today. Each gold coin that survived till nowadays is highly valued by collectors and investors.
Every gold coins minted in the United States before 1933, is valued on individual basis according to its date, rarity, appeal among various collectors and its grade.
What is Rare Coin Grading Worth?
Coins that fall under the category “rare” are graded on ANA (American Numismatic Association). The scale ranges from 1 to 70. Coins are certified authentic and then PCGS or NGC, two leaders in providing coin grading services. For example a gold coin graded 1 has a slightly visible date, very wear and its value is a little above its weight in gold or precious metals. Obviously the better the coin is preserved the more a collector or investorinvestor in willing to pay for it.
Double Eagles
1933_double_eagle_gold_coin_reverseVery often a collector starts his Gold Coin Collection of U.S. coins minted before 1933 with a $20 Double Eagle. Note that from 1849 to 1907 U.S. Mist issued the Liberty series. The Mint then changed the design of the Double Eagle into Saint-Gaudens. The latter were minted in the period between 1907 and 1933.
Starting a collection of Pre- 1933 U.S. gold coins is advantageous for several reasons:
“Pure Gold Content” – this means that each coin includes almost 1 troy ounce of gold.
“A Double Profit Opportunity” The gold market is continuously changing and $20 Double Eagle gold coins already have a history showing the continuously rising value, which goes 2 to 3 times higher in value if compared to the gold bullion alone.
The 1933 Saint-Gaudens Gold Double Eagle Coin
One of the most valuable, if not the most valuable, coin is considered to be the 1933 Saint-Gaudens Gold Double Eagle1933 Saint-Gaudens Gold Double Eagle. It actually was never officially issued. Still it appeared from 1907 until 1932. Although in 1933 there were 445,500 Double Eagle minted, none were released into circulation because of the changes made in currency laws during the Great Depression.
The result of the Great Depression was that president Franklin Roosevelt took America off the gold standard. The gold coins were drawn out of circulation and afterwards were not issued anymore. Besides, people had to return the ones they had
Later, in 1933, the Double Eagle coins were declared illegal. It was prohibited to own any of the gold coins, unless they had a collectible value.
The same year Gold Double Eagle coinsGold Double Eagle coins were ordered to be melted by the U.S. Mint. By 1937 billions of gold bars were made out of these unique coins.
A few coins have escaped from being melted down. In1933 two of them were given by the Mint to the U.S. National Numismatic Collection at the Smithsonian Institute. These two Gold Double Eagle coins were known as the only legal specimens to ever become part of a coin collection. Still by 1952, eight additional coins were discovered. These were confiscated by the Secret Service.
Today 19 of the some of most valuable 1933 Gold Double Eagle coins are owned by a Philadelphian jeweler, Israel Switt.
The first gold coins in the United States were issued back in 1795. The Unites States Mint set the value of the U.S. Dollar at 24 grains of gold. The value was based in accordance with the world price on the precious metal, which at that time was $19.39 per troy ounce.
The U.S. gold coins started to be issued in seven different mints around the country as the Western Frontier of the Unites States began its expansion. The mints were set from Philadelphia to San Francisco. The sizes of coins varied from one dollar gold piece to fifty dollar denomination. It is worth mentioning that at that time the U.S. mints issued coins that were worth their weight in gold.
In 1834 and 1837 U.S. Congress modified the gold specifications by setting the price of gold at a mark of $20.67 per ounce. When the Great Depression occurred in 1933, President Roosevelt made gold an illegal asset for the citizens of the United States. During this period, by Roosevelt’s order, all gold coins were returned to U.S. Treasury and the melted into gold bars. After that the value of the U.S. dollar coin was set to $35 per ounce. The global outcome was to decrease by 40 percent the buying power of the dollar
When millions of gold coins were melted into gold bars, they became very rare and thus highly sought by various collectors. According to money experts only about one percent of gold coins can be found today. Each gold coin that survived till nowadays is highly valued by collectors and investors.
Every gold coins minted in the United States before 1933, is valued on individual basis according to its date, rarity, appeal among various collectors and its grade.
What is Rare Coin Grading Worth?
Coins that fall under the category “rare” are graded on ANA (American Numismatic Association). The scale ranges from 1 to 70. Coins are certified authentic and then PCGS or NGC, two leaders in providing coin grading services. For example a gold coin graded 1 has a slightly visible date, very wear and its value is a little above its weight in gold or precious metals. Obviously the better the coin is preserved the more a collector or investorinvestor in willing to pay for it.
Double Eagles
1933_double_eagle_gold_coin_reverseVery often a collector starts his Gold Coin Collection of U.S. coins minted before 1933 with a $20 Double Eagle. Note that from 1849 to 1907 U.S. Mist issued the Liberty series. The Mint then changed the design of the Double Eagle into Saint-Gaudens. The latter were minted in the period between 1907 and 1933.
Starting a collection of Pre- 1933 U.S. gold coins is advantageous for several reasons:
“Pure Gold Content” – this means that each coin includes almost 1 troy ounce of gold.
“A Double Profit Opportunity” The gold market is continuously changing and $20 Double Eagle gold coins already have a history showing the continuously rising value, which goes 2 to 3 times higher in value if compared to the gold bullion alone.
The 1933 Saint-Gaudens Gold Double Eagle Coin
One of the most valuable, if not the most valuable, coin is considered to be the 1933 Saint-Gaudens Gold Double Eagle1933 Saint-Gaudens Gold Double Eagle. It actually was never officially issued. Still it appeared from 1907 until 1932. Although in 1933 there were 445,500 Double Eagle minted, none were released into circulation because of the changes made in currency laws during the Great Depression.
The result of the Great Depression was that president Franklin Roosevelt took America off the gold standard. The gold coins were drawn out of circulation and afterwards were not issued anymore. Besides, people had to return the ones they had
Later, in 1933, the Double Eagle coins were declared illegal. It was prohibited to own any of the gold coins, unless they had a collectible value.
The same year Gold Double Eagle coinsGold Double Eagle coins were ordered to be melted by the U.S. Mint. By 1937 billions of gold bars were made out of these unique coins.
A few coins have escaped from being melted down. In1933 two of them were given by the Mint to the U.S. National Numismatic Collection at the Smithsonian Institute. These two Gold Double Eagle coins were known as the only legal specimens to ever become part of a coin collection. Still by 1952, eight additional coins were discovered. These were confiscated by the Secret Service.
Today 19 of the some of most valuable 1933 Gold Double Eagle coins are owned by a Philadelphian jeweler, Israel Switt.
Feb
21
Commemorative Gold Coins
Filed Under Jewelry | Leave a Comment
Darren Evans
Coins hold a plethora of info on their tiny faces, from the year of their birth to the language spoken at the time, from the metals a country holds valuable to the cultural influences and historical figures that its folk hold valuable. The history of gold coins dates as far back as 2,700 years back. Certain net internet sites will supply you with lots of info about the history of gold coins. Australia reveres its countrywide animal with the Gold Kangaroo, as an example, whilst China has a Gold Panda with a nice design that changes each year.
Though the aesthetics may change, price does not. The value of your coins remains the same without reference to color. Coin picking up, or numismatics is a pastime as old as time.
As a pastime, it’s been around for at least 2,500 years. This is surprising since the application of coins has been about for just about that same period of time too. Picking up coins is a hobby that may be enjoyed by any one of any age. A large amount of coin collectors started as youngsters, with assistance from their fogeys or grandparents collecting pennies or nickels.
For some coin picking up can become an entire life pastime.
Memorial coins are a preferred form of collection, as are uncommon minted coins like those which had a mistake in their stamping. Keeping Coins Clean employing a Folder the cost of an antique item goes up if it is kept in good shape. By having it stored in a secure place, one can be certain that it won’t be damaged by the elements or by failure that may reduce its price in the market.
Coins are straightforward to take care off. For people that have been doing this for years, such collections are typically framed or under glass and are usually seen in places like a huge museum. But to people who are only starting out, placing it in an old shoe box or jar will do. Later, when the collection is bigger, it’s time to speculate in a coin folder that would better protect and hold the coins. These folders can be acquired in different sizes depending on the sort of coins the individual is picking up. The coins can be stored in individual plastic pockets or in sheets that make up the album.
They are available at the local coin store or can be ordered from the web. The benefit of using these is they are handy to tote around make it simple for the person to show. Coin picking up for investment purposes could be a troublesome enterprise. Traditional kings ( and even today’s leaders ) had a telling practice of having their faces imprinted on their currency. On the flip side of the Yank Eagle gold coins is a nest full of bald eagles, the nation’s bird of the US. The nest represents the Yankee dedication to unity and family. Coin Collection in Renaissance Times Modern coin picking up, where the coins are viewed as a work of art as well as a collection of valuable legal tender, is widely thought to have started with Francesco Petrarca, or Petrarch, who is frequently called the daddy of the Renaissance. For most gold coin collectors, there are the highly coveted rare gold coins and a large amount of gold coin collectors have an interest in these rare gold coins that they’ll offer high bids simply to be ready to get their hands on these. There were only some coins with this blunder, and their scanty nature has made them valuable to collectors. The best beginning place for an idea of their worth is to visit the reference section of your local library. Always be looking out for rare gold coins, and have coins valued by a gold coin expert to elude huge variations in cost. A very inspired coin merchant will go to shows and retailer auctions, keep abreast of current costs and trends, and will probably keep recent with the current coin market. Any financier will recognize the impact of current info on profit levels. Free Ebook! More on Rare Gold Coins and where you’ll be able to find them at http://www.goldcoin-rare.info Keeping the coins in mint condition does not only mean storing them in a folder. This could be done by taking it to a coin shop and paying for the services, or if you like to do it yourself, is by soaking it in a liquid like vinegar, rubbing alcohol, lemon juice or ammonia which is certain to remove any mud or encrustation that are present when it was purchased. They should then be air-dried or patted dry with a soft material. It isn’t a brilliant idea to rub or polish the coins since scratches can happen that can decrease its worth in the market. By making an investment in a coin folder, the person can be certain that the value of the coins will go up either when the demand calls for it or when there’s a need to part with them. Today, building an interesting collection of coins does not need to be pricey, and everybody can take part in this exciting hobby. An keen coin collector will be ready to tell you nearly each piece of history that surrounds any coin in their collection both because they generally tend to specialize and because information is an example of the most crucial factors when it comes to beginning and maintaining a collection of any worth or worth. Maybe one day the coin you purchased last year will have gone up in worth, but the concept is to get it so you can enjoy it now, and for as long as you own it. Hobbyists sometimes start picking up coins from their own locality. This sounds correct because they are the best to collect. Aside from printing issues, one more reason why rare coins can be minted is when the incorrect dear metals are used to make the coins. Remember that most gold coins are more valuable than their legal tender amount so to sell gold for it’s face value would not be sensible.
Though they re unavailable for buying at once from the U.S. You can get a silver locating device or a magnetic pole for finding loose coins in ditches, under autos, or in other hard-to-reach places. Or just depend on your eyes to identify those gleaming metal circlets of potential wealth.
Coins hold a plethora of info on their tiny faces, from the year of their birth to the language spoken at the time, from the metals a country holds valuable to the cultural influences and historical figures that its folk hold valuable. The history of gold coins dates as far back as 2,700 years back. Certain net internet sites will supply you with lots of info about the history of gold coins. Australia reveres its countrywide animal with the Gold Kangaroo, as an example, whilst China has a Gold Panda with a nice design that changes each year.
Though the aesthetics may change, price does not. The value of your coins remains the same without reference to color. Coin picking up, or numismatics is a pastime as old as time.
As a pastime, it’s been around for at least 2,500 years. This is surprising since the application of coins has been about for just about that same period of time too. Picking up coins is a hobby that may be enjoyed by any one of any age. A large amount of coin collectors started as youngsters, with assistance from their fogeys or grandparents collecting pennies or nickels.
For some coin picking up can become an entire life pastime.
Memorial coins are a preferred form of collection, as are uncommon minted coins like those which had a mistake in their stamping. Keeping Coins Clean employing a Folder the cost of an antique item goes up if it is kept in good shape. By having it stored in a secure place, one can be certain that it won’t be damaged by the elements or by failure that may reduce its price in the market.
Coins are straightforward to take care off. For people that have been doing this for years, such collections are typically framed or under glass and are usually seen in places like a huge museum. But to people who are only starting out, placing it in an old shoe box or jar will do. Later, when the collection is bigger, it’s time to speculate in a coin folder that would better protect and hold the coins. These folders can be acquired in different sizes depending on the sort of coins the individual is picking up. The coins can be stored in individual plastic pockets or in sheets that make up the album.
They are available at the local coin store or can be ordered from the web. The benefit of using these is they are handy to tote around make it simple for the person to show. Coin picking up for investment purposes could be a troublesome enterprise. Traditional kings ( and even today’s leaders ) had a telling practice of having their faces imprinted on their currency. On the flip side of the Yank Eagle gold coins is a nest full of bald eagles, the nation’s bird of the US. The nest represents the Yankee dedication to unity and family. Coin Collection in Renaissance Times Modern coin picking up, where the coins are viewed as a work of art as well as a collection of valuable legal tender, is widely thought to have started with Francesco Petrarca, or Petrarch, who is frequently called the daddy of the Renaissance. For most gold coin collectors, there are the highly coveted rare gold coins and a large amount of gold coin collectors have an interest in these rare gold coins that they’ll offer high bids simply to be ready to get their hands on these. There were only some coins with this blunder, and their scanty nature has made them valuable to collectors. The best beginning place for an idea of their worth is to visit the reference section of your local library. Always be looking out for rare gold coins, and have coins valued by a gold coin expert to elude huge variations in cost. A very inspired coin merchant will go to shows and retailer auctions, keep abreast of current costs and trends, and will probably keep recent with the current coin market. Any financier will recognize the impact of current info on profit levels. Free Ebook! More on Rare Gold Coins and where you’ll be able to find them at http://www.goldcoin-rare.info Keeping the coins in mint condition does not only mean storing them in a folder. This could be done by taking it to a coin shop and paying for the services, or if you like to do it yourself, is by soaking it in a liquid like vinegar, rubbing alcohol, lemon juice or ammonia which is certain to remove any mud or encrustation that are present when it was purchased. They should then be air-dried or patted dry with a soft material. It isn’t a brilliant idea to rub or polish the coins since scratches can happen that can decrease its worth in the market. By making an investment in a coin folder, the person can be certain that the value of the coins will go up either when the demand calls for it or when there’s a need to part with them. Today, building an interesting collection of coins does not need to be pricey, and everybody can take part in this exciting hobby. An keen coin collector will be ready to tell you nearly each piece of history that surrounds any coin in their collection both because they generally tend to specialize and because information is an example of the most crucial factors when it comes to beginning and maintaining a collection of any worth or worth. Maybe one day the coin you purchased last year will have gone up in worth, but the concept is to get it so you can enjoy it now, and for as long as you own it. Hobbyists sometimes start picking up coins from their own locality. This sounds correct because they are the best to collect. Aside from printing issues, one more reason why rare coins can be minted is when the incorrect dear metals are used to make the coins. Remember that most gold coins are more valuable than their legal tender amount so to sell gold for it’s face value would not be sensible.
Though they re unavailable for buying at once from the U.S. You can get a silver locating device or a magnetic pole for finding loose coins in ditches, under autos, or in other hard-to-reach places. Or just depend on your eyes to identify those gleaming metal circlets of potential wealth.
Feb
16
Investing in commodities?
Filed Under Investing | 2 Comments
openformi
Hi,
Hi,
How do i go about investing in commodities in Singapore? I have an account with Phillips Securities but they seems to have commodity indexes rather than raw commodities such as gold, corn, wheat etc.
Cheers
Feb
14
GOLD. whats the best way to buy / invest?
Filed Under Investing | 5 Comments
Pete
I’m looking into buying some gold, does anyone have any experience / advice. I was thinking of Britania 1oz coins..
Thanks
I’m looking into buying some gold, does anyone have any experience / advice. I was thinking of Britania 1oz coins..
Thanks
Feb
4
Merit Financial – Gold Coin Investing
Filed Under Investing | Leave a Comment
Jay Wilson
There are many options out there to consider when looking to build your portfolio. Gold investing has proven to be a popular option these days posting gains over 100% since 2000 and steadily on the rise.
Merit Financial offers extensive options in precious metals investing with gold, silver, platinum, palladium bars, bullion, internationally recognized coins, certified numismatics and rarities for the individual investor.
It can be hard to choose what route to take when considering investing in precious metals. There are many different kinds and each has its own history of successes and failures. But, for the most part, they have proven to be a smart investment for profitability, protection and privacy.
Merit believes that owning physical metals is crucial to diversification and is suitable for 10-20 percent of an investment portfolio. Therefore they exclusively deal in gold, silver, platinum and palladium.
Protection is a big aspect when considering gold investments. If you buy gold coins you have a piece of currency that is usable in almost every part of the world. The value may fluctuate but instead of gambling with the stock market and potentially large losses, you will always be in possession of gold and its value will continue to be strong.
As with many profitable investments, it is best when coins and bullion are considered a long term investment of at least 3-5 years, as this is a time frame that has shown a quality rate of return, but an optimal timeframe is 5-10 years. Gold has shown to have incredible short term growth but by considering gold and silver investment as long term can create a solid backbone to any portfolio.
It’s very important to invest wisely in any situation. Investing in precious metals is a fairly safe investment, but nothing is guaranteed. Before investing into anything be sure to do your research.
Merit Financial is a different kind of company in this respect. A lot of places strictly do business for profit. Can you blame them? It’s a refreshing change when a company like Merit not only takes their own well being into consideration but wants to make sure their clients are well informed and as successful as them.
By offering their clients current information and insight to the precious metals market it shows their knowledge and dedication to the industry. Profit is everyone’s main goal but with Merit, it’s important to gain profit around a credible business that clients come back to.
Refer to the Better Business Bureau and you will find that Merit has earned an “A” score with them by abiding to strict BBB rules and policies. It’s important to handle situations in a timely and fair manner to ensure you maintain the trust of your customers.
There are many options out there to consider when looking to build your portfolio. Gold investing has proven to be a popular option these days posting gains over 100% since 2000 and steadily on the rise.
Merit Financial offers extensive options in precious metals investing with gold, silver, platinum, palladium bars, bullion, internationally recognized coins, certified numismatics and rarities for the individual investor.
It can be hard to choose what route to take when considering investing in precious metals. There are many different kinds and each has its own history of successes and failures. But, for the most part, they have proven to be a smart investment for profitability, protection and privacy.
Merit believes that owning physical metals is crucial to diversification and is suitable for 10-20 percent of an investment portfolio. Therefore they exclusively deal in gold, silver, platinum and palladium.
Protection is a big aspect when considering gold investments. If you buy gold coins you have a piece of currency that is usable in almost every part of the world. The value may fluctuate but instead of gambling with the stock market and potentially large losses, you will always be in possession of gold and its value will continue to be strong.
As with many profitable investments, it is best when coins and bullion are considered a long term investment of at least 3-5 years, as this is a time frame that has shown a quality rate of return, but an optimal timeframe is 5-10 years. Gold has shown to have incredible short term growth but by considering gold and silver investment as long term can create a solid backbone to any portfolio.
It’s very important to invest wisely in any situation. Investing in precious metals is a fairly safe investment, but nothing is guaranteed. Before investing into anything be sure to do your research.
Merit Financial is a different kind of company in this respect. A lot of places strictly do business for profit. Can you blame them? It’s a refreshing change when a company like Merit not only takes their own well being into consideration but wants to make sure their clients are well informed and as successful as them.
By offering their clients current information and insight to the precious metals market it shows their knowledge and dedication to the industry. Profit is everyone’s main goal but with Merit, it’s important to gain profit around a credible business that clients come back to.
Refer to the Better Business Bureau and you will find that Merit has earned an “A” score with them by abiding to strict BBB rules and policies. It’s important to handle situations in a timely and fair manner to ensure you maintain the trust of your customers.
Feb
2
How can I avoid spending the money I’ve inherited on college?
Filed Under Financial Aid | 16 Comments
gabe.swift
About two years ago I inherited some money. Since then I put the majority of it in a CD and what was left over in a regular bank account. I was wondering how I could avoid spending the money I’ve inherited on college and then once it’s all gone using financial aid. Would gold or real estate be somthing to invest it in?
I’m not trying to be greedy people. I just don’t want to spend all that money and then get on financial aid and then be broke and still have loans after graduating.
About two years ago I inherited some money. Since then I put the majority of it in a CD and what was left over in a regular bank account. I was wondering how I could avoid spending the money I’ve inherited on college and then once it’s all gone using financial aid. Would gold or real estate be somthing to invest it in?
I’m not trying to be greedy people. I just don’t want to spend all that money and then get on financial aid and then be broke and still have loans after graduating.