12oz chinese gold panda coins Updates

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Paper Money & Coin Collecting Info

While obsolete gold coins are primarily collected for their numismatic value, gold bullion coins today derive their value from the metal (gold) content - and as such are viewed by some investors as a "hedge" against inflation or a store of value. South Africa introduced the Krugerrand in 1967 to cater to this market; this was the reason for its convenient and memorable gold content�exactly one troy ounce. It was the first modern, low premium (i.e. priced only slightly above the bullion value of the gold) bullion gold coin. Bullion coins are also produced in fractions of an ounce � typically half ounce, quarter ounce, and one-tenth ounce. Bullion coins do not carry a meaningful face value, as their value is mainly dictated by their troy weight and the current market price of the precious metal. (If a face value is minted on the coin, it is done for legal or other reasons and it is nearly always significantly less than the actual value of the coin.) Gold has an international currency code of XAU under ISO 4217.
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A misprinted currency note is known in numismatics as an error note, or simply a mistake that occurs during the printing process at the Bureau of Engraving and Printing (BEP). With the stringent quality controls practiced by the BEP, the chances of error notes reaching the public are really quite slim, but it does happen. Oftentimes these notes have numismatic value above the legal tender-value. The amount generally depends on the denomination, the complexity of the error and the condition of the note.
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12oz chinese gold panda coins Stories

Government Moves To Keep $3M in Liberty Dollars

Wed, 02 Jul 2008 10:11:59 +0000
The Justice Department is seeking to permanently keep more than $3 million in coins that were struck by anti-government activists who aimed to create a new currency to compete against the greenback.
In court papers filed in federal court in North Carolina, federal prosecutors say that they need another six months to complete their criminal investigation ...]

2. What mint mark is found on 1917 coinage of Newfoundland issued by the Royal Canadian Mint?


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