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Tell everyone you know that you are a paper money collector, many people will give you specimens they have collected on trips to foreign countries. Some people may have friends or relatives from other countries coming to visit who will bring you representative banknotes from their country in exchange for US dollars when they arrive. You'll never get anything if you don't ask, it's always worth asking.
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1907 U.S. Legal $5 notes. A later example of the popular "Woodchopper" notes. The central motif of a pioneer farmer with dog and family has long captivated collectors. Today these notes, while reasonably common, command good prices. Depending on condition most are worth between $80 and $200.
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As collectors' items, banknotes have distinct advantages over stamps and coins: They have a much larger surface area, creating more room for interesting information and attractive artwork. Compared to a coin, a banknote is extremely lightweight and thin, making a large collection much easier to store and transport. Over the postage stamp, the banknote has the advantage of having two sides, and again, a much larger surface area.
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Bullish investors may choose to leverage their position by borrowing money against their existing gold assets and then purchasing more gold on account with the loaned funds. In order to keep the cost of debt to a minimum, these individuals would normally seek a loan in the currency with the lowest borrowing rate, which, as of April 2006, was the Japanese yen. This technique is referred to as a "yen-gold carry trade". Leverage may increase investment gains but increases risk, as, if the gold price decreases, the investor may be subject to a margin call. Leverage is also an integral part of buying gold derivatives and unhedged gold mining company shares.
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Central banks and the International Monetary Fund play an important role in the gold price. At the end of 2004 central banks and official organizations held 19 percent of all above-ground gold as official gold reserves. The Washington Agreement on Gold (WAG), which dates from September 1999, limits gold sales by its members (Europe, United States, Japan, Australia, Bank for International Settlements and the International Monetary Fund) to less than 400 tonnes a year. European central banks, such as the Bank of England and Swiss National Bank, have been key sellers of gold over this period.
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Metal detector discovers rare Celtic coin treasure in Netherlands from 1st century B.C.
Fri, 14 Nov 2008 16:30:00 +0000
Ancient Celtic coin cache found in Netherlands
AMSTERDAM, Netherlands – A hobbyist with a metal detector struck both gold and silver when he uncovered an important cache of ancient Celtic coins in a cornfield in the southern Dutch city of Maastricht.
"It's exciting, like a little boy's dream," Paul Curfs, 47, said Thursday after the spectacular find was made public.
Archaeologists say the trove of 39 gold and 70 silver coins was minted in the middle of the first century B.C. as the future Roman ruler Julius Caesar led a campaign against Celtic tribes in the area.
Curfs said he was walking with his detector this spring and was about to go home when he suddenly got a strong signal on his earphones and uncovered the first coin.
"It was golden and had a little horse on it — I had no idea what I had found," he said.
After posting a photo of the coin on a Web forum, he was told it was a rare find. The following day he went back and found . . .
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Odyssey Marine Exploration and Arqueonautas Worldwide Partner in Presenting Legendary São José Coins
Sun, 26 Oct 2008 13:50:38 +0000
Fewer than 7,200 collector-grade coins available for purchase
Sailing in haste with hopes to escape an impending attack by the British and Dutch armies, the São José ultimately met her demise in 1622. For nearly 400 years the treasures onboard from the Portuguese Empire were lost along with the carrack. For the first time ever after ...]
2. What is the name of the vessel on the Canadian 10-cent piece?
4. What was the last year one could order non-commemorative Proof coins singly from the mint?
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