All Posts in Coins & Currency
Before shopping for gold coins, whether in a physical store or online, it is essential to understand the premiums. These premiums are the reason why 2 bullion gold coins that have the same amount of silver or gold within them are priced differently. When you buy from most dealers, the price you pay will be higher than the spot price, regardless of whether you’re getting gold, silver, palladium or platinum.
The 1891 Tombstone note was issued in the United States between 1891 and 1907. It is a silver certificate which means that at the time of issuance it could be redeemed for a specific amount of silver. It is one of the most impressive bills to be released during America’s Silver Standard and is sought after by collectors today, especially the $10 1886 variants.
The United States Treasury is responsible for issuing federal reserve notes, but must receive permission from the member banks of the Federal Reserve. This system started during the 1930s when a law was signed by the president that transformed U.S. bills into fiat currency.
It is essential for those getting started with currency collecting to understand IBNS grading standards. Even a minor grading difference can have a tremendous impact in regards to value. The following grades have been standardized and are accepted by most coin/currency collectors in the West: Uncirculated, About Uncirculated, Extremely Fine, Very Fine, Fine, Very Good, Good, Fair and Poor.
The U.S. Mint started accepting orders for the 2019 American Liberty High Relief Gold Coin on the 15th of August, which is one of their newest releases. This coin is highly anticipated by many collectors as it has a number of characteristics which are desirable.
2019 marks the release of the James Monroe Presidential Silver Coin, a product which is sought after numerous collectors. It is struck in honor of James Monroe, who was the fifth president of the United States. It is part of the Presidential Series of coins which also includes John Adams, James Madison and George Washington.