More Gold & Silver Coins News
One of the best ways to arm yourself against the savvy coin dealer is knowing the wholesale prices he pays for his coins. A very widely-used standard in U.S. coins is the "Grey Sheet," sometimes referred to as the "CDN." This is the Coin Dealer Newsletter, which is printed on grey paper stock, and comes out weekly. Most serious coin dealers subscribe to this publication, which lists the "bid" and "ask" values for every major type of U.S. coin, plus mint sets, slabbed coins, and banknotes (called the "green sheet.") "Bid" prices are the prices that dealers are paying if another dealer brings the coins to them. "Ask" prices are the prices for coins a dealers asks to buy. For example, if I call and ask to buy 100 common date Silver Eagles, I'll be quoted the "ask," or selling price. But if I want to sell the 100 Silver Eagles, I'll be quoted the "bid" or buying price. The difference between the two prices is the profit margin. It is quite thin for most coins.
Buy gold coins.
South Africa minted its first gold coin called the Krugerrand in 1967. This coin has no face value but merely stands as a symbol. It is made of 1 ounce of gold and can be purchased for investment purposes. Since then other countries also minted bullion coins. Canada made the Gold Maple Leaf in 1979 and Australia made the Nugget in 1981. These two are much more popular than the South African coin because of its 24 carat purity.
Buy us radar paper money.
The Latest gold dollar coins News
A Story of Two Coins - Part 1
Mon, 09 Jun 2008 00:02:15 +0000
by Cole Schenewerk from the California Numismatist Magazine
Every coin tells a story. Coins can tell stories of love, greed, hate, and many other things. Anyone who collects coins can do a little research and bring these stories to light. Ancient coins tell especially amazing stories. The paragraphs below tell of two coins that I earned ...]
AngloGold Ashanti Updates on Electricity Supply SituationMineweb, UK - 2 hours agoCertain statements made during this communication, including, without limitation, those concerning the economic outlook for the gold mining industry, ...GH
Sun, 27 Jan 2008 23:22:48 +0100
StreetInsider.com (subscription), MI -Certain statements made during this communication, including, without limitation, those concerning the economic outlook for the gold mining industry, ...
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