U.S. Has Storied History With Gold

Gold’s price history probably should be divided into three parts. First is the period prior to 1933, when President Franklin Roosevelt effectively nationalized gold and prohibited private gold ownership. Second is the period from 1934 to Dec. 31, 1974, when U.S citizens lost the right to own gold, except for “rare and unusual” gold coins - numismatic items.
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Treasure hunter lords over ring

The medieval discovery, still in mint condition, was unearthed at a site in Moray on Sunday – and first thing on Monday morning factory worker Mr McPherson was at Elgin Museum to hand it in. “I knew it was far too valuable to even think about keeping, and it is part of Moray’s history which I want to share,” he said.
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Free Choice Makes Collecting What It Is

Is there only one way to correctly collect coins? I ask the question again because I had an e-mail that got me to thinking along these lines. We are going through a period of explosive growth in the numismatic field. Newcomers are doing what they want to do and are bumping into the hobby veterans.
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Royal Canadian Mint Commemorates Playing Card Money

I’m the sort of collector who likes to occasionally buy Royal Canadian Mint products. The operative word, of course, is “occasionally,” for the Mint’s productions have often been characterized by a deadly combination of high mintage runs, silly or boring subjects, and relatively high prices.
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First and Last - State Quarter Designs

Two State quarter dollars depict men on different sides of the world who may have more in common than what collectors might believe at first. A portrait of Caesar Rodney appears on the 1999 Delaware quarter dollar, with Delaware the first state honored in the 50 State quarter dollar circulating commemorative coin program.
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The life span of US banknotes

When US banknotes wear out, they are withdrawn from circulation and shredded. The shredded notes are buried in landfill sites or used as souvenirs for the public tours of the Federal Reserve Banks.
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Gold Declines for Sixth Day on Weaker Oil, Strong U.S. Dollar

Gold fell for the sixth day as weaker crude oil and a climbing dollar reduced the appeal of the precious metal as an alternative asset. Bullion dropped after oil fell to its lowest in five months and the dollar gained against the euro.
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