The New International Currency Is Gold!

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Yesterday's Gold is todays Currency!

The oldest forms of money was the gold coin, as far back as 560BC when the Lydian King Croesus. The Chinese then used them in the 5th or 6th Century BC. Gold coins were the main form of currency through to the early 20th Century. By 1933 most of the world had stopped making gold coins and using them as currency.

Today gold coins are primarily collected by investors to hedge against inflation. In 1967 South Africa introduced the Kruger rand to cater for small investors; hence the reason that they manufactured Krugerrands in 1oz, 1/2oz, 1/4oz, 1/10 and 1/20 oz

The main gold coins in circulation today in order of their popularity are the Krugerrand, American Gold Eagle, Canadian Gold Maple Leaf, British Britannia or Sovereign, Chinese Panda, Gold Dinar, Russian Chervonets and the Swiss Vreneli.

Old Gold Mining

News Flash!

Several known indicators suggest that the GOLD PRICE might just be taking a breather!

Twelve Reasons to invest in Gold today 

Investors buy Gold to Hedge against inflation!

Twelve Reasons to invest in Gold today!

1. During the last run on gold in the 70's and 80's the price of gold increased by 20 times

2. There is a fall in gold production worldwide that is adding to its scarcity

3. India and China have a veracious appetite for gold and as their economy powers forward they will drive up the gold price through demand and the limited supply globally

4. There have been no new discoveries of gold deposits recently and it can take up to ten years to bring a new mine to full production.

5. When ever the world is on the verge of a recession people turn to gold as it is provides security.

6. It does not deteriorate and will last for ever

7. It is sought after for jewellery and electronic manufacture

8. Governments can print paper money quickly, but they cannot just produce gold

9. No other investment has the wealth preserving power of gold

10. The Gold price will continue to be pushed by the current American debt and trade crisis.

11. Gold is an inflation-proof investment

12. Gold is the only truly international currency

Buying Gold Bullion Coins 

Gold () is a chemical element with the symbol Au () and an atomic number of 79. It has been a highly sought-after precious metal for coinage, jewelry, and other arts since the beginning of recorded history. The metal occurs as nuggets or grains in rocks, in veins and in alluvial deposits. Gold is dense, soft, shiny and the most malleable and ductile pure metal known. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Gold is one of the coinage metals and has served as a symbol of wealth and a store of value throughout history. Gold standards have provided a basis for monetary policies. It also has been linked to a variety of symbolisms and ideologies.

A total of 161,000 tonnes of gold have been mined in human history, as of 2009.National Geographic: "The Real Price of Gold" by Brook Larmer Modern industrial uses include dentistry and electronics, where gold has traditionally found use because of its good resistance to oxidative corrosion and excellent quality as a conductor of electricity.

Chemically, gold is a transition metal and can form trivalent and univalent cations in solutions. Compared with other metals, pure gold is more chemically unreactive, but it is attacked by aqua regia (a mixture of acids), forming chloroauric acid, and by alkaline solutions of cyanide but not by single acids such as hydrochloric, nitric or sulfuric acids. Gold dissolves in mercury, forming amalgam alloys, but does not react with it. Gold is insoluble in nitric acid, which dissolves silver and base metals. This property is exploited in the gold refining technique known as "inquartation and parting". Nitric acid has long been used to confirm the presence of gold in items, and this is the origin of the colloquial term "acid test", referring to a gold standard test for genuine value.

Buy from a Bullion Dealer and Sell on eBay! 

Don't take my word for it - Test it out for your self - It works!

When you buy Gold through a Gold Bullion you pay the gold price according to the rate at that time and when you decide to sell it through the Gold Bullion they will offer you 7% to 9% less than the going gold rate.

You can now buy and sell gold coins on eBay; but, it is a case of Caveat emptor which is Latin for "Let the buyer beware" so please BEWARE!

You need to be careful and check the eBay seller out, look at their Feedback and check out the comments left by previous buyers. Do not buy from a seller with less than 30 feedbacks. Have a look at what other seller thought of dealing with them and if you are not happy with the seller then move on to the next seller, there are many more. Also check out their postage and packaging costs.

If you decide to buy from eBay be sure to check out the gold price that day and don't pay any more than you would have paid at a bullion dealer including their postage and packaging costs. Goto: Kitco.com for the daily gold price and to download a gold price widget for your computer.

I have one of their gold price widgets on my taskbar at the bottom of my screen and it updates all day; this gives me up to the minute gold prices. Then I have a look on eBay and see which gold coins are either on the money or below and don't forget to check out the post and packaging costs for the seller.

When ever I am selling gold I always sell on eBay as I generally always get the market price or a higher premium when two buyers go head to head on my auction and then I do better than the market price. Don't you just love eBay!

My best formula is to buy from the bullion Dealer when the gold price dips and then to sell on eBay. I hear you ask why buy from a Bullion dealer and sell on eBay, well I know that if I buy from the Bullion Dealer the gold coin is genuine and when I sell on eBay I get a better price then if I sold it to a Bullion Dealer, who would offer me 7% to 9% less than the market price.

GOLD PRICE looks set to Power ahead to $1,500 per ounce 

There are several indicators that suggest that the GOLD PRICE might just be taking a breather as it powers forward on a wave to the $1,500 per ounce. Some of the pundits believe that it could power on way past the $2,000 mark per ounce. If it follows the previous highs seen back in the 70's and 80's and the current conditions remain the same and the new tiger economies of India and China continue to become more affluent and able to continue buying gold as a sign of their new found status.

The Last Ten Years of Gold Prices

Which Gold Bullion Coin should I buy and sell 

The best buys for Gold Bullion Coin is the 99.99% per ounce gold coins.

The most popular Gold Bullion Coins of these are the American Gold Eagle, the Canadian Gold Maple Leaf and the South African Krugerrand. All three of these coins contain 1 ounce of gold and are over 90.00 % Feingold.

The Canadian Gold Maple Leaf and the South African Krugerrand are both 24 carat gold whereas the American Gold Eagle is only 22carat gold. The American Gold Eagle is alloyed with other metals, usually copper and or silver; this is done to increase its hardness and durability. Despite this the popularity of the American Gold Eagle has never waned in its demand.

Most new coin collectors and investors start collecting these three coins first. Gold coins are easily stored, transported and they can all be sold quickly in just about any country in the world.

Always ensure that when you buy gold coins from a dealer that you select a reputable dealer and that the coins come appropriately sealed and with a certificate.

Three major catalysts at work! 

There are three major catalysts at work, they are:-

1. Worldwide monetary policy
2. Global supply and demand for gold
3. Gold's past performance

all of these have already ignited a powerful rally that is certain to push the gold price upwards to $1,500 and beyond.

World News Flash

Major indicators are now suggesting that the Gold price will reach $1,500 to $3,000 soon

South African Gold Mining 

South Africa Gold Mine

http://bestbookshopdowntownsingapore.blogspot.com A bonus footage from Gold! The History of Man's Greatest Obsession.

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Which Gold Coins Do you Collect 

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Gold Rush: How to Collect, Invest and Profit With Gold Coins 

Informs you on how to capitalize on the rapidly rising prices of Gold Coins

Gold Rush: How to Collect, Invest and Profit With Gold Coins

Amazon Price: $17.93 (as of 01/08/2010)Buy Now

Packed with more than 400 superb color photos of coins - your key to distinguishing real coins from privately minted medallic pieces

Handy how-to format helps you make the most of online auctions.

Instructs on how to capitalize on the rapidly rising price of gold by making smart coin investments.

Diamonds may be a girl's best friend, but gold is near and dear to the hearts of coin investors everywhere. This how-to coin guide addresses basic questions including where to buy, where to sell, how to read market trends, how to handle coins properly, and identifying your own collecting approach. Plus, you'll discover thorough and easy-to-read pricing information for each denomination of gold coin.

Click Here to CLAIM a free gram of Gold 

Free gold

Buy gold online - quickly, safely and at low prices

American Buffalo 24-Karat Gold Coins 

The popular American Buffalo Gold Coin is known as the Indian Head, or Buffalo, nickel was introduced in 1913 and showcases the native beauty of the American West.
The American Buffalo Bullion Coins are the first .9999 fine 24-karat gold coins ever struck by the United States Mint and offered for sale through a network of Authorized Purchasers. These $50 gold coins are available to members of the public seeking a simple and tangible means to own and invest in 24-karat gold in the form of legal tender coins whose content and purity is guaranteed by the United States Government.
American Buffalo Gold Bullion Coins are available at many coin and precious metals dealers as well as many brokerage houses and participating banks. Pricing for precious metal investment coins typically depends on the market price of the metal.

The American Gold Eagle Coin 

Is the official Gold Bullion of the United States of America, they are manufactured in 1oz, 1/2oz, 1/4oz, 1/10 oz and these coins are guaranteed to contain the stated amount of actual gold weight in troy ounces. American Gold Eagle Coins must by law come from American gold mines only and be 22carat. These standards are authorised under the Gold Bullion Coin Act of 1985. Gold Eagles minted between 1986 to 1991 are dated with Roman numerals. In 1992, the United States Mint switched to Arabic numerals for dating the gold Eagles. For further information Click United States Mint

American Gold Dollar Coin Auction 

Buy and Sell American Gold Dollar Coins

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The South African Krugerrand 

Krugerrands were first struck in July 1967, since then more than 50 million Krugerrands have been minted, making them internationally recognizable and one of the most successful bullion coins available today. The coins, are minted in 22 carat gold, depict Paul Kruger, the President of the original South African Republic from 1883 to 1902 on the obverse. Originally only one size was issued, which contained one full troy ounce (31.1035 grams) of fine gold. In 1980, three more denominations were introduced, namely a half, quarter, and tenth ounce size. As the gold price is quoted internationally in terms of troy ounces, the value of Krugerrands (which contain exactly 1 oz, 1/2 oz, 1/4 oz or 1/10 oz of pure gold) can easily be determined at any time.
Krugerrands are sturdy and durable. They are 22 carat - a traditional cartage of gold bullion coins designed to be handled as currency. Krugerrands are hard enough to resist normal scratching and denting - an important, practical feature, as soft 24 carat coins and bars are more easily damaged and generally require protective packaging. Krugerrands are easy to transport and store.

Kruger Rand Gold Coin Auction 

Buy and Sell Kruger Rand Coins

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Click Here to CLAIM a free gram of Gold 

Free Gold

Buy gold online - quickly, safely and at low prices

Canadian Maple Leaf Gold Coin 

Canadian Maple Leaf Gold Coins are the official bullion gold coin of Canada and they are produced by the Canadian mint. Maple Leaf gold coins are .9999 pure gold and they are one of the purest gold coins issued in the world today. Unlike the other gold coins the Maple Leaf contains virtually no base metals

The Canadian Gold Maple Leaf commands universal respect and attention, as it has been traded on the world market since 1979. The Maple leaf was the first gold bullion coin to be minted in the ultimate 99.99% purity. No gold coin in the world boasts a higher purity.

The Canadian Maple Leaf Gold Coins are one of the most practical ways to invest in gold. They are produced by the Royal Canadian Mint. Each Maple Leaf coin is guaranteed by the Government of Canada for its weight and its gold purity. As a result of these government guarantees the Maple Leafs are extremely saleable and are easily bought and sold anywhere in the world where precious metals are traded.
The most magical part of owning a Gold Maple Leaf coins are an investment to own and to admire and touch. When you hold a Gold Maple Leaf coin in your hand, you're holding 5,000 years of security and value.

Canadian Gold Maple Leaf Coin Auction 

Buy and Sell Canadian Coins

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The British Gold Sovereign 

The first Gold Sovereign was issued in 1489 for Henry VII of England and they are still in production today. During the 1800's the British gold coin was the most widely distributed gold coin. The Sovereign has been minted in London, South Africa, Australia and India,

Gold Sovereigns were struck in 22 carat (.917 fine gold), the coins weigh 8 grams and they contain just under a quarter-ounce of gold (.2354 troy ounce)

British Gold Soverign Coin Auction 

Buy and Sell British Soverign Coins

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Click Here to CLAIM a free gram of Gold 

Free Gold

Buy gold online - quickly, safely and at low prices

The London Mint Office 

For allyour George and Nelson Coins

The London Mint, click here

Books on Buying Gold coins 

Buying Gold coins

Standard Catalog of World Gold Coins

Amazon Price: $84.37 (as of 01/08/2010) Buy Now

A guide Book of Double Eagle Gold Coins: A Complete History and Price Guide (Official Red Books)

Amazon Price: $11.53 (as of 01/08/2010) Buy Now

World Gold Coin Value Guide

Amazon Price: (as of 01/08/2010) Buy Now

The Gold Book: A Guide to Commonly Traded Gold Bullion Coins and Bars

Amazon Price: (as of 01/08/2010) Buy Now

Standard Catalog of World Gold Coins

Amazon Price: (as of 01/08/2010) Buy Now

Have Your Say about Gold! 

Where do you think Gold Prices are going?

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  • Reply
    pauljorg pauljorg Nov 17, 2009 @ 2:02 am
    Great lense. I have a bunch of gold bullion coins like Canadian Maple Leaves and Krugerrands, as well as some big silver ingots. I also have some investments in mutual funds that invest in gold stocks, and those are really the only investments of mine that held firm during all the reason economic nonsense. Gold might not be an exciting short term trade, but it definitely provides the stability it is said to provide.
  • Reply
    oaksy88 oaksy88 Jul 25, 2008 @ 4:18 am
    This ia a wicked site. I have been collecting gold coins for years and will continue - Gold is on the up

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