By CoinWeek ….. Most coin collectors know about the gold standard, and many American collectors are aware of the bimetallic system under which the United States operated when Congress wrote the Mint Act of 1792, which established the United States Mint and gave name to the coins that would serve as our money. The […]
The post Would Returning to the Gold Standard Be a Bad Idea? appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
By Jan Nieuwenhuijs for Gainesville Coins …… Some gold commentators are writing that the Central Bank of Russia (CBR) has linked the Russian ruble to gold, but this is not true. In the fog of war, the first causality is the truth; this time is no different. Information coming from either side of the war […]
The post Is the Russian Ruble Linked to Gold? appeared first on CoinWeek.
By Nicholas Fritz – Numismatist, World and Ancient Coins, Stack’s Bowers Galleries …… At the turn of the 20th century, pre-Revolution Russia was in a delicate place economically, rapidly industrializing yet falling behind Western Europe and Japan. To advance economic interests in the Tsardom, Russia was forced to appeal to external capital, which resulted […]
The post A Coin Fit for a Tsar: The 37 Rubles 50 Kopeks Russian Gold Coin appeared first on CoinWeek.
By Ursula Kampmann for Künker GmbH …… For centuries, silver was the preferred metal across the world when it came to coins and savings. In the 19th century, that changed. We’ll explain how and why, and illustrate what happened with the help of coins that will be coming under the hammer on September 30 and […]
The post How and Why Gold Became the Most Important Metal for Coins appeared first on CoinWeek.
How can I tell if my Hobo nickel is an original or a modern machined example?
An extremely worn, dateless Buffalo nickel without a mint mark likely of low value is used as the host coin for most modern reproductions. Cut lines are sharp and clean, while lacking residue in those cuts. You should not be able to feel the engraving if you have an original
One of the San Francisco Reverse Proof sets I ordered has a blatantly discolored and scratched cent to the point where you can see the gray zinc color in the groove. Do you know if a gloved or plain ol’ human hand puts the coins in the plastic slots?
I can’t be certain the Mint has a written policy on how Mint personnel handle proof coins; however, if images the mint has posted online are to be believed, gloves are to be worn when handling these coins.
Will the problem with the cent in my 2018 San Francisco Reverse Proof set impact reselling the set at a later date? A more knowledgeable friend said he doesn’t think it’s a big deal because the more sophisticated buyer, should I sell years hence, will look at the silver coins first
By CoinWeek ….. On Monday, May 15, 2017, CoinWeek surpassed two million views on its award-winning YouTube video channel. CoinWeek’s award-winning videos have brought numismatics to a new generation of collectors, with popular series such as CoinWeek IQ, Cool Coins!, Cool Currency!, and the CoinWeek Podcast. Since CoinWeek’s launch in 2011, our video team has […]
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On January 1, the Royal Mint launched a new coin that marks the 300th anniversary of a very important pinnacle in the economic development of the United Kingdom. In 1717, Great Britain adopted and utilized the gold standard following the recommendation of Sir Isaac Newton (1643–1727), the Royal Mint’s mintmaster—a position he held for almost 30 years
On January 1, the Royal Mint launched a new coin that marks the 300th anniversary of a very important pinnacle in the economic development of the United Kingdom. In 1717, Great Britain adopted and utilized the gold standard following the recommendation of Sir Isaac Newton (1643–1727), the Royal Mint’s mintmaster—a position he held for almost 30 years
If you follow precious metals, you are probably familiar with James Rickards, best-selling author of books such as The Death of Money and Currency Wars, an advisor to the defense and intelligence communities on international economics and financial threats, and a well-known expert on monetary policy and bullish proponent of gold. He has been working for 35 years as an attorney and investment banker
Mint News Blog’s sister site, Coin Update, has posted the following article by Louis Golino. The introduction appears below; click here to read the full article
If you follow precious metals, you are probably familiar with James Rickards, best-selling author of books such as The Death of Money and Currency Wars, an advisor to the defense and intelligence communities on international economics and financial threats, and a well-known expert on monetary policy and bullish proponent of gold. He has been working for 35 years as an attorney and investment banker
Yesterday (26th October) the Royal Mint unveiled their bicentenary anniversary design for the iconic gold Sovereign. The Sovereign’s full story is more than 500 years old
By Louis Golino for CoinWeek …. As happened four years ago when Ron Paul and other GOP presidential candidates came out in support of a new gold standard–it was even included in the 2012 GOP platform–several candidates have expressed support for the idea during the current GOP presidential race. Ted Cruz and the gold standard […]
The post The Coin Analyst – The 2016 GOP Presidential Race and the Gold Standard appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ………. Over the past five to seven years, there has been a consistent flow of gold bars out of Western vaults in New York and London. The destination of this gold bullion has been the East—especially China, Russia, and Russia’s closest Eurasian allies. One question that the past several […]
The post World Precious Metals Market – Is Russia Planning a Gold Ruble? appeared first on CoinWeek.
By Anthem Hayek Blanchard – Anthem Vault “A return to gold-based money is not yet front and center on the national agenda. The policy establishment still dismisses it as radical. But history has shown time and time again that great social changes begin as seemingly radical ideas.” – Steve Forbes, Money. In his latest book, […]
The post A Conversation with Steve Forbes: U.S. Must Implement A New Gold Standard To Right The Economy appeared first on CoinWeek.