People in the older times do not use any form of currency to buy things they need. They just trade their goods at the market place and exchange things they have for things they want or need. As time pass, people began to learn the value of currency. They started to use money as instrument to purchase goods and services. Because gold has always been considered a valuable commodity, they minted gold coins as their first currency.
The frontage of the coin is a version of the Irish-born American sculptor Augustus Saint-Gaudens’ to the Lady Liberty. The Lady Liberty is a monumental image as she symbolizes freedom and escape from tyranny. Augustus Saint-Gaudens’ rendition of the Lady Liberty features her with flowing hair, holding an olive branch in her left hand and a torch in her right. The background of the image is the Capitol building. It is located at the left side of the image. The back of the coin features a male eagle carrying an olive branch. The great sculptor Miley Busiek created the design. The male eagle is soaring above the nest, which holds a female eagle and her fledgling.
Coins are extremely easy to handle and store, in contrast to bars or bullion, which is not. They are manageable in size. They are easy to hide for the sake of security, and they are not heavy, so are easy to carry from place to place. This makes their sale much easier than bullion.
Many people buying US rare personalized coins, world gold coins, or bullion coins want it at the lowest price available. This can’t happen with what the credit card companies charge retailers for accepting them. As mentioned before, expect to pay more for your purchase, if you elect to use that means.
Until a few years ago, Gold Eagles and Maple Leafs sold at the same markups over spot. But, as Maple Leafs, which investors have bought since 1979, started coming into the secondary market, problems surfaced. Now, to keep investors in the U.S. market buying Maple Leafs, the Royal Canadian Mint has to offer new (current year) Gold Maple Leafs at a half-a-percent below Gold Eagle prices.
Coin values are first determined by their age. The older the coin, the more value it will have. When determining coin values based on the age of the coins, tests will be carried out to verify authenticity and precise age of the coins.
There are a number of reasons why I prefer collecting Roman coins then other antiques including other ancient coins. Firstly there are a wide variety of Ancient Roman coins to suite your tastes. This is largely due to the vast time and area that the Roman Empire covered. From as early as 27 BC to 496 AD there were many millions of coins minted spanning a large area of the globe featuring coins that reflect the time from when they were created.
Keeping the above tips in mind, it is important to remind buyers that whatever they do, they should always make sure that they buy silver coins from a reliable dealer. Buying these coins is definitely a wise decision since the value of the U.S. paper dollar is continuously decline, silver can prove to be a valuable, hard asset.