Tuesday May 21, 2013
On December 13, 2005 the United States House of Representatives approved the Presidential One Dollar Coin Act of 2005 and the first Presidential Dollar that featured George Washington was minted in 2007. Since then, it's been an uphill battle for the Presidential Dollars to gain popularity in both commercial use and with coin collectors. These are "the dollars that nobody wants." This isn't the first time that the United States public has rejected a dollar coin so vehemently. Back in the late 1800s, the public rejected the Morgan Dollars in very much the same way that the Presidential Dollars are being rejected today. Will the future be as kind to the Presidential Dollars as it was to the Morgan Dollars? We will have to wait and see.
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Images courtesy of: The United States Mint
Friday May 17, 2013
With the price of gold and silver falling over the last few weeks, some people are going bargain-hunting and purchasing gold bullion and gold coins. I am certain there are "very good deals" out there, but usually they don't involve meeting some guy your friend knows or purchasing rare coins at a flea market. Follow the tips I have listed below and you are sure to purchase gold coins that will be authentic United States or world gold coins.
Guide to Buying Gold Coins:
- Find a Coin Dealer Who is Honest and Ethical
- Learn How to Buy Gold Coins As an Investment
- Three Things You Should Know Before You Buy Gold Coins
- Which Gold Coins Are Better Investments For Me?
- Top 5 Worst Coin Investments
Image courtesy of: Getty Images
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Tuesday May 14, 2013
Christina Karstedt, Executive Vice President at Stack's Bowers Galleries announced in Coin World magazine that they will be giving away 1,000 free memberships to the American Numismatic Association. Karstedt states, "Belong to the American Numismatic Association has enriched my life greatly." Personally, I couldn't agree more. I have been a member of the ANA since 2009 when Ian Russell President of Teletrade offered free ANA memberships. Since then, I have attended ANA coin shows, went to the ANA Summer Seminars in 2010 and taken advantage of many other ANA member benefits. What do you have to lose? Sign up today and expand your coin collecting experience.
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Image courtesy of: The American Numismatic Association
Wednesday May 8, 2013
The United States Mint will begin selling the 2013 American Eagle West Point Two-Coin Silver Set tomorrow (May 9, 2013) at 12 noon EDT. The initial sales price has been lowered from the originally announced $149.95 to $139.95 (not including shipping and handling). There will be no mintage limit or household ordering limit, but sales will only be open for a period of four weeks and will close on June 9 at 5:00 pm ET. The set will contain one 2013 Reverse Proof Silver Eagle with a W mint mark and one 2013 Enhanced Uncirculated Silver Eagle with a W mint mark. Each coin is struck from 99.99% pure silver and weighs one Troy ounce. Last year the two coin San Francisco Silver Eagle set sold almost 250,000 units.
Image courtesy of: The U.S. Mint
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