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One of the reasons there is such a disparity between what the average consumer expects, and what the coin dealer actually delivers when it comes to buying coins from the public is that coin dealers see vast amounts of common "junk." By "junk" I mean common date wheat pennies, circulated Buffalo Nickels and Mercury Dimes, worn Washington Quarters and circulated Franklin and Kennedy Halves. Coin dealers are offered so much of this type of material that many of them get tired of seeing it. They give such material the cursory once-over and offer low-ball prices for it based on long experience. Usually people have already pulled out the more valuable coins, leaving the "junk," (or at least the the dealer must assume so.)
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The investment potential of banknotes has been evident over the years. Some items have seen a growth in value of 10,000% since the end of the last war! American Confederate States notes, for example, could then be bought for about 25c each in the USA. Now, they are hard to find for 100 times that amount. Even the indiscriminate collector can expect profit in the long-run, for most banknotes tend to rise in value. Scarcity and demand are the chief factors that govern market values, and banknotes are only produced in limited numbers, so when production of each note ceases, the existing examples can only become increasingly scarce and therefore increasingly valuable.
Buy silver dollars mixed lots for a great investment.
U.S. Large Size (pre 1928) "Horseblanket" or "Saddleblanket" Notes. All U.S. currency made prior to 1928 is of a larger size than modern "small size" bills, hence the nicknames "Horseblanket" or "Saddleblanket." There were many different series and types of notes printed prior to 1928 by the Federal government, and values range from the very common 1923 $1 Silver Certificates (blue seals), worth from $10 to $100 depending on condition, to ultra-rarities that can be worth tens of thousands of dollars or more. If you come into possession of any "large size" bills, we suggest that you consult one of our currency experts here at CAA-Heritage to help you make a determination of value.
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Other Price Guides and Sources for Coin Values
Fri, 04 Jan 2008 21:58:16 +0000
Coin Archives - www.coinarchives.com/
CoinArchives.com is a repository of Ancient and World coins previously featured in major numismatic auctions. It brings together the text, images, and prices realized from catalogs issued by some of the world’s most prestigious coin firms.
Coin Dealer Newsletter - www.greysheet.com/
The Only Source for Accurate, Timely & Unbiased Rare Coin Pricing Information! Subscription] ...]
Zimbabwe $200 Million Notes to Fight Inflation
Mon, 08 Dec 2008 06:50:03 +0000
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Zimbabwe plans to print new $200 million notes in yet another attempt to ease severe money shortages from out of control inflation, known as hyperinflation.
Reports indicate Zimbabwe Finance Minister Samuel Mumbengegwi made the announcement Saturday, just two days after the country’s Central Bank issued $100 million, $50 million and $10 million dollar ...]
Coin World Releases Chinese Counterfeiting Series
Early this year, I began tracking the coin counterfeiting activity that was coming out of China. A sometime blogger by the name of "BiddlesBank" had posted photos of a...
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Labels: silver half dollars | wholesale silver dollars
posted by Silver Dollar @ 2:44 PM
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