2010 January | Coin Collecting University

Invest money in Gold Coin through online

[Posted January 24th, 2010]

In the current economic situation Internet has become one of the hot and safe places to buy gold. In Internet you can search the thousands of sites created by coin dealers to sell and buy the gold coins easily anywhere in this world. With the help of valuable and good online resources like GoldCoinsGain.com buy gold coin is not difficult task. In the world wide famous and one of the most reputable gold coin or gold bullion dealing sites through the internet. There is no better place in internet to buy gold coins and bullion from the Goldcoinsgain.com.

This is an informatics and consultant online gold coin site. They will always ready to help you whether you are new at coin collecting, or are a knowledgeable one. Their charges are nominal which helps them keep the cost of the gold coins at competitive prices. Their information’s about raw and certified coins, which are inspected and graded, are 100% genuine. Gold coin buying is made simple at their convenient and informative site.

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Ultra High Relief Double Eagle Gold Coin Mintage

[Posted January 24th, 2010]

Posted by: Michael | Posted in: Ultra High Relief

The final sales figure for the 2009 Ultra High Relief Double Eagle Gold Coin is being reported as 115,178 by Numismatic News.

This number is 3,113 higher than the number reported on the last available sales report from December 27, 2009. This indicates that there was a small surge in last minute orders during the final days of availability. In the preceding three one-week periods, the coins had recorded sales of 587, 1,887, and 1,384.

Before the coin went on sale, the unlimited mintage represented somewhat of an uncertainty and a possible draw back. After several weeks of heavy ordering, sales settled into a steady pace amidst a few bumps higher, which coincided with increases in the household ordering limit.

Overall, the pace of sales remained relatively moderate. The initial ordering limit of one per household kept a restraint on sales at a time when excitement about the offering was highest. When limits were raised and eventually lifted, prices were higher and some of the excitement had faded.

In my opinion, for a single year issue of a very unique offering, this mintage at this level is at a reasonable level to support continued premiums

Topic: Gold Coins, coin collecting, coin prices | Print This Post | 302 views | 1 comment

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Composition of U.S. Gold Coins

[Posted January 24th, 2010]

Composition of U.S. Gold Coins

by Jim on Jan.11, 2010, under General, Gold

Wednesday, December 30, 2009 What is in that Gold On the NGC Forums, there was a discussion about collecting gold dollars where someone asked about their composition. Being curious, I looked up the composition information. What I found was that there were different compositions that was tied to the evolution of US coinage.

After posting the basic information, I thought it would be interesting to look up which series of gold coins were made from each of the different compositions. The rest of this posting is what I found after consulting a few references.

The Coinage Act of 1792, the First Coinage Act, set the standard for gold coinage to be .9167 fine with the balance of silver and copper. Gold coins struck 1792-1834 were made of this composition. These coins include:

Turban Head $2½ Quarter Eagles (1796-1807)
Capped Bust $2½ Quarter Eagles (1808-1834)
Capped Bust to the Right $5 Half Eagles (1795-1807)
Capped Bust to the Left $5 Half Eagles (1807-1812)
Capped Head to the Left $5 Half Eagles (1813-1834)
Capped Head to the Right $10 Eagles (1795-1804)

The Coinage Act of 1834, the Second Coinage Act, set the price of gold at $20.67 and changed the composition to .8992 fine with the balance of silver and copper. Gold coins struck from 1834-1839 were made of this composition. These coins include:

Classic Head $2½ Quarter Eagles (1834-1939)
Classic Head $5 Half Eagles (1834-1838)

The Coinage Act of 1837, also called the Bland-Allison Act, put the US on a bimetal monetary standard mostly to help the silver industry following the Panic of 1873. Originally, President Rutherford B. Hayes vetoed the bill only to have congress override the veto. Gold coins struck from 1839-1933 were made of .9000 gold and the balance was silver and copper. These coins include:

Liberty Head One Dollar (1859-1854)
Indian Princess Dollar (1854-1889)
Liberty Head $2½ Quarter Eagles (1840-1907)
Indian Head $2½ Quarter Eagles (1908-1929)
Indian Princess 3 Dollars (1854-1899)
Liberty Head $5 Half Eagles (1839-1908)
Indian Head $5 Half Eagles (1908-1929)
Liberty Head, No Motto Above Eagle $10 Eagles (1838-1866)
Liberty Head, Motto Above Eagle $10 Eagles (1866-1907)
Indian Head $10 Eagles (1907-1933)
Liberty Head $20 Double Eagles (1849-1907)
Saint-Gaudens $20 Double Eagles (1907-1933)

All gold commemoratives, both prior to 1933 and since 1982, are struck using .9000 gold. Commemorative struck before 1933 was filled with 1-part silver and 2-parts copper. Commemorative coins struck since 1982 use a 2-part copper to 1-part nickel filler.

The $4 Stella patterns were an attempt to create a standard coinage composition for international trade. The composition called goloid was made of 6 grams of gold, 0.3 grams of silver, 0.7 grams of copper. A Flowing Hair and Coiled Hair Liberty Head patterns were struck in 1879 and 1880.

American Gold Eagle bullion and proof coins are .9167 gold (22 carat). The one ounce gold Eagle contains one troy ounce of gold plus .0909 troy ounces of filler consisting of 2-parts nickel to 1-part copper.

The American Buffalo gold coin contains one troy ounce of .9999 fine gold (24 carat) with copper as the filler.

I hope someone finds this useful. Labels: bullion, Eagles, gold

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:bullion, eagles, Gold

Topic: Gold Coins, coin collecting, coin prices | Print This Post | 159 views | 1 comment

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Introduction to Coin Collecting - Video

[Posted January 10th, 2010]

To respond to the many inquiries we receive about coin collecting, we decided to develop a series of videos and upload them to YouTube. Here is the first one.

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Why Now is the Best Time To Buy Silver Coins

[Posted January 2nd, 2010]

Silver will continue to rise. As gold prices are high, silve is a great way to invest in a pricious metal. Why not go to www.coincollectinguniversity.com or ebay store dancoinedit for great deals on coins, don’t miss out!

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Hungarian Gold Coins – The Hungarian Korona 20 This is a classic design in Gold

[Posted January 2nd, 2010]

The Hungarian Gold 20 Korona knew history, when he hit in 1892. With one, 900 in measuring the actual content of gold coins troy ounce in 1960 was intended to celebrate the coronation of Emperor Franz Joseph, the first in Austria in 1848.

Emperor Franz Joseph, the first meeting in Austria of a Hungry Empire in 1867, but its history is full of unfortunate events and tragedies. His brother Maximilian was executed in 1867 by the Mexican shooting, his son, Rudolph died in 1889 after the suicide, and Karl Ludwig, his brother died in 1896. Italian anarchists killed his wife in 1898.His cousin, Franz Ferdinand, is best known for his assassination in Sarajevo in 1914, as all ways, which operates in the world of the Great War.

Hungarian gold coins with the same name, such as coins, Austrian and Hungarian 20 Korona, the most famous of Hungarian beat> Coins offers a parable of Emperor Franz Joseph, challenged the law.

Hungarian gold coins offer a collector high, investors value the most sought after hit between 1879 and 1908 the Hungarian people 10 Korona 1893 and 1908 Hungarian 100 Korona Re-strike favorites. With finely detailed interpretation of the angels, chop, and the interpretation of Franz Josef, Hungarian gold coins are available in different cuts, quality, andissue.

The price range for gold coins of Hungary, which can range from $ 200 to about 1,000 dollars, depending on the measures taken years, and the availability, rates and denominations of currency. For collectors and investors looking for unique pieces that stand the test of gold coins Hungarian remain popular favorites.

Topic: Gold Coins, coin collecting, coin prices | Print This Post | 120 views | Add comment

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