Muna wa Wanjiru Has Been Researching and Reporting on Coins for Years. For More Information on Coin Dealers, Visit His Site at COIN DEALERS
Posts Tagged ‘Banks’
www.whatthefico.org Secrets the banks like HSBC, bank of America, WAMU, and Wells Fargo hoard from 95% of the hard working American class. How bankers, uncle Sam, Us government & the FED reserve make or coin money on wall st everyday, high interest to keep the American people in deep debt and poverty. Bad credit, bad loans, sub prime loans, High interest credit cards. They don’t want you to have a good Fico score. Learn how to get and maintain the Phaat Fico. Not spelled phat fico. Learn how and why you shouldn’t pay high interest to greedy bankers. Become your own bank and earn a higher rate of return than inflation.
should be taken from the banks and restored to the people, to whom it properly belongs.” -Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802) 3rd president of US (1743 – 1826) “The Congress shall have Power… To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;” – US Constitution – Article 1 Section 8 Video extract from “the money masters” documentary (1995) Any other viable solutions are welcome, if you …
that the reality is that we do not know what the fate of the currency boxes has been since the violence behind the violence at Fort Hood that we reported. The boxes contain not just 1933 dollar currency but also 1934 currency, as well as gold coins and other assets. They have been held at Fort Hood for the past 15 years (not brought into the base very recently as tentatively speculated). In addition, it may be recalled that one or more plane loads of money that were sent to the Middle …
that the reality is that we do not know what the fate of the currency boxes has been since the violence behind the violence at Fort Hood that we reported. The boxes contain not just 1933 dollar currency but also 1934 currency, as well as gold coins and other assets. They have been held at Fort Hood for the past 15 years (not brought into the base very recently as tentatively speculated). In addition, it may be recalled that one or more plane loads of money that were sent to the Middle …
Coin Dealers are people, too. YOu see, coins are a very vital mode of money transaction, since centuries our ancestors our forefathers grandfathers and even our children tomorrow will use coins for their daily circulation. Today banks have evolved the use of bank notes ,still for smaller denominations coins are used and will be used forever as a means of currency.
Coin collectors are those people who have a passion for coins ,coin collection may be for hobby as well as professional purposes. People who collect coins only as a hobby are known as coin collectors.
Coin Dealers are those coin collectors who collect coins for the purpose of trade, coin dealers are traders and dealers of coins who buy and sell coin for profitable purpose.
They buy and sell coins, on profit basis.
Coin dealers are different from coin collectors. Coin collection has been known as the hobby of the rich and famous .Coin collection is a very expensive hobby and further this small time hobby can further generate to become a full time profession.
A coin dealers work is very competitive activity, it’s a full time profession where one has to be well skilled and experienced in identifying coins and grading them.
A common reason for dealing in coins is larger gains in shorter times. Coin dealers are quiet like investors as well as collectors, in a way they too collect coins. The only difference is they are not one specimen or hobby collectors or investors who would buy only valuable coins for investment. Coin Dealers would buy every coin they can lay their hands on, the only aspect they look out for is a good deal.
Coin prices depends a lot o the demand of a particular specimen ,in this aspect coin dealers are the one who create the demand for particular specimens. For example the demand for 18th and 19th century coins is always high and a coin dealers would easily be ably to make a profit on these specimens of coins.
Coin dealers are always on a look out for ancient rare coins ,in this case they can anticipate higher profits, coins from medieval times like the Roman , Greek Indian Parthian Ostrogothic coins are quiet popular with coin dealers. The most poplar of the lot are the Israelite coins these coins have originated from Israel and are very quiet popular with coin dealers. The most poplar of the lot are the Israelite coins these coins have originated from Israel and are very profitable for a coin dealer.
Coins are often a reflection of their times, as well as historical events that took place during that time, such historically significant coins fetch a very high price and are very popular among coin dealers.
While coin collecting is a hobby coin dealers are a full time profession, and any person entering this field professionally have to be well experienced and skilled. Grading is a very import and S factor while dealing with coins and a coin dealer has to be well versed in grading of coins too.
Coin Dealers are people, too. YOu see, coins are a very vital mode of money transaction, since centuries our ancestors our forefathers grandfathers and even our children tomorrow will use coins for their daily circulation. Today banks have evolved the use of bank notes ,still for smaller denominations coins are used and will be used forever as a means of currency.
Coin collectors are those people who have a passion for coins ,coin collection may be for hobby as well as professional purposes. People who collect coins only as a hobby are known as coin collectors.
Coin Dealers are those coin collectors who collect coins for the purpose of trade, coin dealers are traders and dealers of coins who buy and sell coin for profitable purpose.
They buy and sell coins, on profit basis.
Coin dealers are different from coin collectors. Coin collection has been known as the hobby of the rich and famous .Coin collection is a very expensive hobby and further this small time hobby can further generate to become a full time profession.
A coin dealers work is very competitive activity, it’s a full time profession where one has to be well skilled and experienced in identifying coins and grading them.
A common reason for dealing in coins is larger gains in shorter times. Coin dealers are quiet like investors as well as collectors, in a way they too collect coins. The only difference is they are not one specimen or hobby collectors or investors who would buy only valuable coins for investment. Coin Dealers would buy every coin they can lay their hands on, the only aspect they look out for is a good deal.
Coin prices depends a lot o the demand of a particular specimen ,in this aspect coin dealers are the one who create the demand for particular specimens. For example the demand for 18th and 19th century coins is always high and a coin dealers would easily be ably to make a profit on these specimens of coins.
Coin dealers are always on a look out for ancient rare coins ,in this case they can anticipate higher profits, coins from medieval times like the Roman , Greek Indian Parthian Ostrogothic coins are quiet popular with coin dealers. The most poplar of the lot are the Israelite coins these coins have originated from Israel and are very quiet popular with coin dealers. The most poplar of the lot are the Israelite coins these coins have originated from Israel and are very profitable for a coin dealer.
Coins are often a reflection of their times, as well as historical events that took place during that time, such historically significant coins fetch a very high price and are very popular among coin dealers.
While coin collecting is a hobby coin dealers are a full time profession, and any person entering this field professionally have to be well experienced and skilled. Grading is a very import and S factor while dealing with coins and a coin dealer has to be well versed in grading of coins too.
Coins are generally hard round pieces of metal that are used as currency and have ben used this way for centuries together. Coins are issued by the banks or Government . Coins are used for day to day circulation in daily life. Lower denomination are in form of coins where as higher denominations are issued in form of bank notes .
The gross value of the metal used in coins is much lower than the face value of the coin.
Exception to the currency coins are the Bullion coins ,coins made out of precious metal like gold silver and platinum. These coins are not used for currency, gold coins and silver coins as currency was ceased in 1933 when the gross value of the coin became higher than the face value.
Gold and Silver coins are not produced only as souvenirs or as collectors item or for investors.
Gold and Silver coins being very valuable are mainly produced for coin collectors ,or for investors who purchase these coins to safe guard their savings. These valuable coins are a good way of liquidating your investments ,in the United States financial planners are known to advice their clients to put at least 40 % of their savings in purchasing these Gold and Silver Bullion coins.
Every country mints Gold coins for their investors as well as coin collectors.United Stats mints the American Gold Eagle.Canada is known to mint the very popular Canadian Gold Maple Leaf.
South Africa is known to mint the not so popular in demand the Krugerrand.
The face value of the U.S Eagle is 10$ ,though In this case the face value makes no difference as the gross value of the coin is much more ,the coin in this case is valued as per the prevailing market price of Gold metal. The Canadian Maple Gold leaf also has a nominal face value.
A great number of metals are used for the production of coins ,metals and alloys of all kinds are used for minting coins , earlier valuable metals like gold silver and platinum were used which then became collectors item or Bullion coins ,for currency the use of copper came into practice this too at some point when the metal value of copper increased had to be ceased after copper Nickel was very popular for small coins of cent and quarter .Nowadays steel is used practically for all the coins ,though plating and coloring of different kinds are given to create differentiation among the coins.
There are many types of coins
Currency coins are the ones used for day to day circulation ,the face value of these coins is the market value of the coin ,the gross value of the coin is lower than the face value.
Bullion Coins -Gold and Silver coins ,the coin value of these coins depends 100%on the market value of the metal ,a gold coin is priced as per the prevailing rate of the gold metal .Bullion coins are valued as per the cost of metal their standard weight as well as their purity. These coins are no more used In circulation, they are used as investors item .
Rare antique coins
These coins are collectors item , the value of these coins is determined by the rarity the age the condition the date of issue the mint mark of the coin . If the above criteria’s are not met with the coin ,the coin is graded with a low grade and the market value of the coin is relatively low.
Certain coins have historical significance to their presence and such coins whatever be the condition are well priced n the collectors market.
Coins have been a part of our lives from the 6th century BC ,the first coin was minted by the Mahajanapadas of Indo- Gangetic Plan since then coins are an essential part of lives either in form of currency or In form of Bullion coins as investment.
Coins – go figure – and enjoy!