Archive for July 2008
A Billion Dollars isn’t what is used to be.
I read this great article about the Zimbabwe monetary system. They just released a 100 billion dollar banknote. It just goes to show you that our economy isn’t that bad off. I’ll let this one speak for itself.
Eastern Numismatics
I want to introduce you to Eastern Numismatics, a firm that I have grown fondly of since I have become a serious coin collector. It originated in 1974 on Long Island, when I was only five. The company is and always has been a family operation and is a great place to do business. I met up with them a few years ago and now have a some friendships that will last a lifetime. Eastern is in the business of selling coins, but their real business is to create a numismatic family. The company’s consultants will to give you good product at the great price. The management staff works around the clock to provide the the finest coins and currency to its family of collectors.
Oh Canada!
I thought I would write a little piece on Canada. Our neighbor to the north, who has always been a step behind the good old USA, but at the moment their dollar buys just what our’s does. Enjoy it while it lasts, but I want to comment on coins here. Growing up in Northern Ohio, my family used to go to Canada every summer. I certainly enjoyed myself up there. The great fishing, forests, let alone the ground bees nest I stepped on and got 26 bee stings. So back to the point, their coins have always had a wilderness appeal and I like them. Praising the wonderful wildlife to the ever so popular maple leaf.
Platinum
I have always loved platinum. I am partial to the color silver, so this precious metal has always had a special place in my heart. More rare than gold, just about double the value, it is a fine metal. The atomic symbol is Pt and has an atomic number of 78. The US mint makes platinum coins that are breathtaking. I would like to own the whole series, since it’s 1997 conception, but that would cost the average person’s yearly salary. Maybe one day! Here is a picture of the 2008 American Platinum Eagle One Ounce Uncirculated Coin, if you have an extra $2400, why don’t you pick one up.
A Tribute to Lancey.
Here at The Coinologist we are throwing one out to our favorite dog in NYC, Lancey. She is at camp this month. I’m sure she is enjoying herself, hanging out with her cousins, learning new electric boundaries! I found this coin and I thought of her right away, she is such a sweetheart. I’m sure she will be excited to come home and resume her daily activities with her master, back home in the big city.
The Golden Touch
I was thinking this morning how gold has had a roller coaster ride in the last couple of years. When I stepped up to the precious metals market, from the coin collector pool, gold was about $300 an ounce. Looking at this picture you can just wonder how this hoard of mouth watering metal has more than tripled in value. It’s hard to describe how an ounce of gold feels in your hand, you have to hold it to understand. I’m sure the $300 gold ounce is gone, but just maybe, when America gets over all this credit, war, and oil nonsense, we might just be able to pick up an ounce for $500.
The Love of Money
My mentor in the blog world sent me this link, which I really liked. Money from around the world is as different as our cultures. Though when it comes down to it, different governments are just praising old leaders, monuments, and fighting the counterfeiter. It’s too bad we left the gold standard, it was the true backing of all this fine paper artwork.
Currency from around the world.
Presidential Direct Ship Program
I read about this program and pondered it for a few days. Then I decided what the heck, I’ll order a few. No surprise to me, I went to order them and the “Product is Not Available.” To my dismay, once again I have missed out on a mint release. Oh Well…
First Silver Dollar with Braille
I recently read a real neat piece on the first silver dollar to have braille. It is the bicentennial of the birth of Louis Braille. The creator of the alphabet for the blind. Thought the blind can differentiate US coinage by size and weight, this is the first attempt to put braille on a coin.
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