Search results for gold coins
Some things you need to know about gold
There is just not enough gold in the world to be used as a value backed money medium. If gold was turned into money it would end up being money as detached from real value as paper. Communists would love gold as money because if we went back to gold coins.
Gold: Insurance for Paper Money?
Owning gold as a form of protection for paper money is a similar story. overall net worth (it can be more but not less). Coins and bars can be purchased from local dealers or directly from the US Mint. Junk silver coins (pre -964) are the next best.
Not a Good Year for Gold â€“ So Far!
The gold stocks were hit even. Gold (along with silver) as money has a long history. Even when the world converted to paper money, the gold standard remained as currencies were pegged to gold. While gold coins as specie stopped circulating a number.
What Does Gold Standard Money Mean?
For example, the United Kingdom can determine. In this system, paper money was exchanged for gold and gold coins also circulated in economies. The gold standardâ€™s dominance was challenged during World War I, as countries resorted to printing money.
Money Is Debt, Gold Is Money
Today, nearly all money (except coins. paper receipts - gold certificates - that could be redeemed in exchange for gold. Seeing an easier way to transact, when buying goods and services, gold owners would simply hand over gold receipts as forms of.
Coin money, paper money ... and rock money?
Don Cann began collecting coins with money earned from his job as a paperboy, and he's since compiled a huge collection of all sorts of money, both coins and paper â€” and some. including a $5 gold coin and proof sets. Books with information and the.
REVIEWSFAKE -Persian Gold Coin 10 Toman Nasir Al Din Shah FAKE
On February 23, 2006 I purcahsed 3 Persian Gold Coins 10 Toman Nasir Al Din Shah (Ebay item number 8385317445) from 4WSTAMPS for $3,500.00 advertised as "Super RARE gold coin dated 1313, x#M14 with approx 28.74 Grams of Gold. This Rare coin is the 50th anniversary of Reigh of Nasir Al Din Shah and is featured in the appendix."Only to find out, after receving the coins, that they are FAKE. Not only are the coins not RARE gold coins date 1313, but they are not even GOLD. First, after seeing the appearance of the coins when they were shipped to me, I noticed something weird. The coins looked too new, too shiny, and too perfect in condition. This promped me to have the coins appraised for their condition and rareness as advertised. A rare coin appraiser evaluated the coins as restrikes, meaning they were made to appear to look like the authentic coins, but were in fact just imitations. I openned a dispute for this transaction with Paypal and my credit card company, because the seller, 4WSTAMPS, refused to refund the money, claiming, untruthfully that the coins were in fact real. 4WSTAMPS related a story of how the coins were acquired, apparently travelling through number of hands, being hidden in walls, and then being found again by an old man, name Zahar, or something of the kind. The appraiser however stood his ground and, without even the slighest of detailed evaluation, said the coins are 100% FAKE. Now these coins were worthless and the dispute still under way, even until now, I am waiting for my money which 4WSTAMPS stole. All I had of the anitique coins was the gold value the coins were worthy of. Each of the 3 coins, being 28.74 grams of gold as advertise would be worth only that - namely 28.74 grams of gold, nothing more. BUT it struck me then to test the metal of which these coins were produced. I took the coins to a gold specailist, who used the acidic liquid to test the coins for gold. Ecuador coins, paper money and phonecards
Ecuadorian old coins, paper money and phonecards - English version.Clark Smith Numismatist
Gold coins of the world are the speciality here. Hundreds of gold coins are listed and have images.