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Friday, October 10, 2008

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There are well made counterfeit gold coins in circulation. For example, the Saint-Gaudens Double Eagle omega counterfeit is infamous for its complexity; and has fooled many numismatics experts. It is a high relief business strike, and due to the extensive wear on the die, these coins were not made for many years. For poor counterfeits, a good scale can usually tell if it's counterfeit or not; however, there are many well made counterfeited ancient coins that not only use gold, but the correct amount as well.
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In October 4, 2007, David Albanese (president of Albanese Rare Coins) stated that a $10 - 1804-dated Eagle coin (made for President Andrew Jackson as a diplomatic gift) was sold to an anonymous private collector for $5 million.
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A misprinted currency note is known in numismatics as an error note, or simply a mistake that occurs during the printing process at the Bureau of Engraving and Printing (BEP). With the stringent quality controls practiced by the BEP, the chances of error notes reaching the public are really quite slim, but it does happen. Oftentimes these notes have numismatic value above the legal tender-value. The amount generally depends on the denomination, the complexity of the error and the condition of the note.
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Gold bars are another investment option. Smaller bars cost more as the premium is low on larger bars. But resale of big bars is not easy. Gold coins are available at lower premiums as compared to gold bars.
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All The Latest News From The gold silver coins World

Unusual Items - Lowest Graded 1848 ‘Cal’ Quarter Eagle

Mon, 06 Oct 2008 11:01:18 +0000
By Stewart Huckaby ( Article titled Found Treasures: 1848 CAL Quarter Eagle)
I grew up in California, and even today it is difficult to impossible to underestimate the impact of the Gold Rush in the state’s history. In January 1848, James Marshall, during the process of constructing a sawmill for Johann (John) Sutter upriver from what ...]

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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1980-D&S Lincoln Cent Debunked!

Mon, 29 Sep 2008 11:14:27 +0000
by Ken Potter - NLG
The 1980-D&S Lincoln cent variety has bit the dust! Referred to by some as a Dual Mint Mark and by others as an Over Mint Mark (OMM), it had been one of the most hotly debated varieties amongst specialists for over a decade. James Wiles, 20th Century Variety Coin Attributer ...]

Treasure Found in 19th Century House

Fri, 10 Oct 2008 04:52:00 +0000


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