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Friday, August 22, 2008

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Gold And Silver Coin Collecting Article Of The Month



More Numismatists News

The $20 Saint Gaudens Double Eagle gold coin has been considered by many to be one of the most beautiful coins ever created. In addition to its beauty, investors privately acquire this gold coin which has outperformed gold bullion. This gold coin the Twenty Dollar gold piece also known as the Double Eagle is placed in the portfolios of investors worldwide for privacy and the guarantee that the United States government cannot go back and make anymore of these coins.
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The South African Kruggerand gold coins are the world's first gold bullion coin minted for investment, the Krugerrand is believed to be the most widely owned bullion coin in the world. The Krugerrand's obverse, designed by O. Schultz, features the first President of the South African Republic, Paul Kruger. Due to Kruger's relationship with Apartheid, these coins are the least expensive of all the major gold bullion coins. Kruger is surrounded by the name of his nation in Afrikaans and English, two of South Africa's eleven official languages: SUID-AFRIKA � SOUTH AFRICA
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Why clean your car's metal to keep it looking good and well preserved and not your gold or silver coins? The difference is that non-gold coins begin to tone as soon as they are minted. That is, the metal on the surface interacts with oxygen in the air, resulting in a thin layer of discolored metal. In the case of silver coins, this toning can actually add value to the coin, as some coins tone with blue, red, or even rainbow colors that collectors find desirable. Copper coins tone as well, to differing shades of red or brown, and while they are not usually as pretty as toned silver coins, they acquire an aged and natural look that collectors expect. A nicely toned coin not only looks good (in the eyes of collectors), but the tone itself can act as a preservative, keeping the rest of the coin from undergoing a reaction to the air. Coins with a good tone should never be cleaned or polished.
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Austria: Vienna Philharmonica golf coin. Europe's only euro bullion coin is available in the traditional one ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce weights
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When it comes to hand lenses, four or five powers of magnification seem to be the norm for many collectors. At these powers, an entire coin may be viewed all at once, which is especially useful when grading. Nevertheless, unless you are an experienced numismatist, you will not be able to see characteristics such as metal flow, die doubling, and counterfeit diagnostics on many coins when using minimal magnification. The micrograph shows the head detail of a genuine 1861-O CSA Obverse Seated half dollar. This view is close to what you would expect to see when using a 10� hand lens.
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Coin Trivia for 27 May 2008

1. Where is the mint mark located on a 1974-D dime?

Bowers and Merena to Auction Extraordinary Gem 1851 Augustus Humbert $50 Gold Piece

Fri, 15 Aug 2008 01:53:07 +0000

The Highest Graded Mint State Humbert Gold Coin of Any Denomination or Variety Graded MS-65 * by NGC


1851 Augustus Humbert $50 Gold PieceIRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin and currency auction house, will auction an extremely rare and exceptional 1851 Augustus Humbert $50 Gold Piece at their Beverly Hills Rarities Sale on Saturday, September 13, 2008, at The Tower Beverly Hills, prior to the Long Beach Coin, Stamp & Collectible Expo.


Lot viewing for the entire auction is scheduled for Thursday through Saturday, September 11-13.


The coin, cataloged as August Humbert. $50 Gold. Reeded Edge. K-5. Rarity-5. 880 THOUS. MS-65 * (NGC), boasts a combined PCGS and NGC Population (1851 $50 Reeded Edge, 880 THOUS variety only) of just 1; 0 finer.


 



"This coin is a new discovery that has never been available for sale to our knowledge," said Steve Deeds, president of Bowers and Merena.


"The rarity, the quality, the history – it all adds up to make this one spectacular coin of the caliber that even the most experienced numismatists only see a few times in a lifetime.


This coin is one of the high points of the year at Bowers and Merena and we know it is going to a cause a big buzz for our September Beverly Hills Rarities Sale."



 

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