Tuesday, February 09, 2010
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US$20 Double Eagle Gold Coin This is a US$20 Gold Liberty Head coin, also known as Double Eagle. This coin is from my personal collection. In original Mint condition, sharp details with luster. This double eagle has a long history, tracing back to 1849. There are 3 types of Liberty Head

1849-1866 (Type I)
1866-1876 (Type II)
1877-1907 (Type III).
1934 Texas Centennial Commemorative Silver Half Dollar Texas Centennial Half Dollar (1934-1938) - A Complicated Design




On June 15, 1933, the United States Congress passed an act to authorize the minting of the Texas Centennialsilver half dollar coin to celebrate the upcomin one hundredth anniversary in 1936 of the independence of Texas. This was the first of over two dozen commemorative coin related bills proposed by Congress that would take place during Franklin Delano Roosevelt tenure as president.
1870 Australian Gold Sovereign 1870 Australian Sovereign TYPE II - Scarce Graded by NGC as AU 58   The modern sovereign came about can be traced back to the Napoleonic wars. During the colonial era, the sovereign was known as a guinea. After the war, Britain wanted to revive back their coinage system. The idea was to have the guinea be re-issued but with a new design and that came about the birth of the Sovereign Then in the 1850s, when the Sovereign became popular worldwide and the demand increased, another Mint was established in Sydney, Australia by the Royal Mint. However, to safe guard themselves, Australia was given its own unique designs for both obverse and reverse. Possible reasons could be that that the London Mint feared that the Sydney Mint might not produced the "expected standard" set by the Royal Mint
1921 Morgan Silver Dollar DMPL US Morgan 1921 DMPL MS63. This is another of my favourite coin, a hard to find Deep Mirror Morgan for this particular year
I like the DMPL Morgans and I try to collect as many as possible. These are harder to find compare to the regular strikes. The mirror surface is just beautiful. You can see your reflection on the surface of the coin

1921 is the last year for the Morgan Silver Dollar which was replaced by the Peace dollar. 1921'P' is a common year with a mintage of 44,690,000
2002-P Ohio Quarter PCGS MS-68 2002-P Statehood Quarter PCGS MS-68 OHIO FLAG State Quarter  
The 50 State Quarters program is the release of a series of commemorative coins by the United States Mint. It started in 1999 through 2008. Each year, it featured each of the 50 individual U.S. states on unique designs for the reverse of the quarter.

The program was started with the intention to create a new generation of coin collectors, the awareness of numismatic hobby and todate, it was a success.

U.S. Mint has suspended sales of American eagle gold coins

On August 15, 2008, the U.S. Mint has suspended sales of American eagle gold coins and is refusing orders from dealers, two coin and bullion dealers? It is apparent that there is a shortage of gold and silver.

The mint's suspension of gold coin sales follows its tight rationing of sales of silver eagle coins, begun in May, when sales to the public were terminated and sales to the mint's 13 authorized dealers were tightly limited.

This is the second time this year (2009) that it is suspending the sales.

Read more: U.S. Mint has suspended sales of American eagle gold coins

 

Junk Silver Coins

What is Junk Silver?

"Junk Silver" in the numismatic circle refers to worn circulated silver coins. For example, the US silver coins, minted before 1965, are often called junk silver coins. These coins have at least 40% - 90% silver content, depending on what type of coins. The picture on the right are US Morgan Dollar, Peace dollar, Mercury Dimes, Walkers, Barbers dimes.

Aa guide, if you are starting to keep junk sillver, look for those with 90% silver content. I have listed them below

These circulated worn coins and do not have any collector's value because there are signs of wear and tear, scratch marks, nasty nicks etc.  "Ugly" can be another word to described the coins BUT, the value lies in the silver content . Other countries that uses this informal term "Junk Silver" are the United Kingdom, Canada and Australia

Read more: Junk Silver Coins

 

Investing in Silver

Silver is known as a precious metal but not many people pay attention to it as a form of investment. Many take it for granted that it is common. "Money is still king" as the saying goes.

In fact, how many people do you know, who owns silver. How about yourself - Do you own any silver?

Look back at history. For thousands of years, silver, not gold, was the coin of the civilized world. One of the most complete histories on silver can be found in the book “The Silver Bonanza” by Franklin Sanders and James Blanchard. The book begins with the following quote from Milton Friedman: “The major monetary metal in history is silver, not gold.”

There are evidence of silver being used as money way back to 4,500 years ago. From the book “The Silver Bonanza”, silver was already mentioned in the Bible. During the reign of King Charlemagne, silver was the only legal tender metal.

Read more: Investing in Silver

   

1971 Error Lincoln Cent

Error coin - unusual color.

This 1971 Lincoln cent has been graded by ANACS MS62 and it has an unusual color. Unlike the normal bright "reddish" copper color, this one exhibits a pale  brass color. Coin was sent to ANACS for verification but they would not confirm what is the material of the coin. It was graded as MS62

Take a look at the picture and you will notice that it has the unusual brass color

Read more: 1971 Error Lincoln Cent

 

Silver Bullion

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There are various ways of investing in Silver, either in physical form or ETFs  However, it is always better to own some physical Silver and there are 3 types of silver bullions that you can consider. These are .999 pure silver.

1. Bars

2. Rounds

3. Coins

These silver bullions are usually measured in troy ounces. For bars, they usually come in 1,000 oz, 100 oz, 10 oz and 1 oz. Rounds and Coins are usually in 1 oz, 2 oz, 5 oz and 10 oz. Bigger sizes are also available but the 1 oz to 10 oz are the most common . There are some that comes in 1 kilo, which is about 32 ounces.

The most well know brands are Englehard, Johnson Matthey, Credit Suisse, Perth Mint, Royal Canadian Mint. The others are by private mints e.g. Sunshine, Academy, Heraeus etc. There are also many other private mints that produces silver bars and rounds

 

Read more: Silver Bullion

   
English (United Kingdom)

American Silver Eagles coins are the most popular silver bullion for investment. Check out the most competitive price here

Gold and Silver price chart


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