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As a general rule, the more common a gold coin is, and the lower grade the coin is, the higher the profit margin (expressed as a percentage of the selling price) for the dealer must be. The reason for this is that low-grade, common coins are harder to sell. Another reason for this difference is dollar value. If a dealer buys a common date, heavily circulated 1940 Wheat Cent from you, he might pay you 2 cents for the coin and sell it for 5 cents, making a greater than 100% profit (but still only 3 cents!) But if he buys a key date, heavily circulated coin, such as a 1931-S Wheat Cent in Good (G-4 grade), he might be able to pay you $50 for it, even though he will make only a 20% profit when he sells it for $60. The difference here is that the 1931-S is likely to sell much faster than the 1940 Cent, plus the dollar value involved in measurable.
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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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us mint gold coins News From Around The World

Perth Mint of Australia Pre-Decimal Coin Collection

Wed, 15 Oct 2008 05:06:14 +0000

The Perth Mint of Australia on the first of October began offering a historic five-coin collection that contains pre-decimal copper coins struck at The Perth Mint between 1940 and 1964.

Unlike new, commemorative, silver or gold coin products that are common from government Mints, these coins have traveled through many hands and are in choice circulated condition with signs of wear. For these coins, it's about their history. According to the Mint's website,

 

The Perth Mint began striking pre-decimal coinage on an annual basis from 1940.  Producing many millions of copper coins, the historic Mint struck pennies and halfpennies for King George VI and Queen Elizabeth II, as well as the unique King George VI 1946 Shilling. 

 

The five-coin set contains examples of these historic denominations and are encapsulated within a 'Coins of The Perth Mint' presentation folder with information for each coin type.

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NCS Certifies Newly Discovered Specimen of the Rare Starred Reverse Cent

Tue, 30 Sep 2008 12:23:22 +0000
Among the most famous and popular of early federal coins is the 1794 cent variety featuring a circle of 94 tiny stars around its reverse border. Though partially hidden by the denticles which overlap them, these stars have captured the imaginations of coin collectors since this variety was discovered in 1876 by legendary dealer Henry ...]

Game time!

Fri, 01 Feb 2008 23:18:17 +0100
Manchester HippoPress, NH -Four Super Bowls over the course of a decade is the gold standard for greatness in the NFL. No quarterback or coach has ever won more than four in a career. ...

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The Original Commemorative Quarter

Fri, 11 Jul 2008 13:12:28 +0000
Content Partner: Pinnacle-Rarities
We’ve entered the last year of the popular modern commemorative quarter program. For better or worse, all fifty states have created designs and the final mintages will hit the nation’s cash registers during the remainder of the year. While I find these final five designs attractive, they (like their modern predecessors) lack the ...]

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Remember, collectors may want old coins, but they expect those coins to look old. The toning and discoloration on most coins adds to their value. Not cleaning filthy coins may detract a little from their value, but poorly cleaning them can result in a permanent loss of most of it.
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If you buy gold coins on Ebay using Pay Pal, your item may be insured meaning you get your money back if it never ships or is a fake. You can learn more about Pay Pal's insurance here. This helps with peace of mind and I would make sure your auction is covered. Another way to get insurance and guarantee peace of mind: Ask the seller to prove the authenticity of their gold. Maybe they can provide you of a receipt from when they bought the gold. In general, it's good to keep receipts and keep track of your purchases so you can prove their authenticity.
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Gold coins were one of the oldest forms of money. This was later followed by silver coins. Gold coins were in circulation in the United States from 1838 to 1933. The design was the Liberty Head bust but this was only made until 1907. The design was then changed to the Indian Head and Saint Gaudens motifs and was used until 1933 when the Great Depression began. This prompted the recall of gold coins which makes them very difficult to find today.
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peace 1922 silver dollars News From Around The World

1999-W 1/10th Eagle $5.00 Gold Matte Finish Error or Variety?

Sat, 20 Sep 2008 15:41:44 +0000
By Ken Potter - NLG - CoinLink Content Partner
Some time ago a fellow sent in an error-variety coin with some very interesting questions. He said: “I have a 1999-W $5.00 Gold 1/10th Eagle that was struck by the Mint with an Uncirculated Matte Finish instead of the intended Proof finish for the West Point ...]

Numismatic Blog and News Headlines for October 16, 2008

Thu, 16 Oct 2008 18:41:12 +0000
Four numismatic articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend collectors read them for their unusual or interesting content. Have you written or know of an article that should be highlighted on CoinNews? Please let us know! Here are today’s articles:

Godless Coins Real ...]

Coin Trivia for 26 Aug 2008

1. What does the compass point to on the reverse of the Cleveland Great Lakes Exposition commemorative?

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