Bank Dungeon
Monday, March 8th, 2010
In The Bank Dungeon I Find A Rune Scimitar, Gold Bar, Gold ring, Gold Necklass, Ruby Ring, Gold Ore, Lots Of Coins Soz, I Didnt steal it… 
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Posts Tagged ‘Coins’
US Mint Suspends American Eagle Coins
Wednesday, January 27th, 2010
www.silversnowballonline.com The US Mint announced a temporary suspension of sales for 1 oz. Gold and Silver American Eagle coins.
2006 Silver and 24K Gold MS70 Buffalo Coins with Display…
Tuesday, January 26th, 2010
Set Includes: 2006 $50 Gold Buffalo – it’s not often that we can call something a real milestone. But the release of this 2006 $50 Gold Buffalo Coin is a unique opportunity to own not only the first $50 Gold Buffalo ever struck by the United States Mint, but also the first 24K gold coin in United States Mint history. Measures approx. 1.26″ in diameter and contains approx. 1 oz. gold bullion. 2001 Silver Buffalo Dollar – authorized to commemorate the…
Make Money Investing in Gold Coins
Tuesday, January 26th, 2010Krugerrands are gold coins that were first minted and issued in 1967, and have been produced every year since. They are legal tender in South Africa but because of far sighted attitudes from their makers they have been imported into many countries without import taxes, duty or VAT. This has made them easily available at good prices over the intrinsic value of the gold they are made from, and therefore an attractive proposition for private gold investors.
Originally, only one size was issued, which contained one full troy ounce (31. 1035 grams) of fine gold. These coins were the original Krugerrand, or Kruger, for short. From 1980, three other sizes were introduced, namely a half, quarter, and tenth ounce size. Because of these new additions, the original Krugerrand is sometimes referred to as a “full” or “one ounce” Kruger.
One of the best ways to purchase gold coins such as Krugerrands is on Ebay. Their auctions always prove that point that the value of a coin is only what is buyer is willing to pay for it, and on eBay it gets right down to the real action. Using EBay or sites like www. buycheapgoldcoins. com it is easy to search for the coins you wish to acquire. Just type whatever you want in the search box, or browse using the menus and you will view all the auctions related to the coin.
Of course, its very safe to buy Krugerrands on Ebay as long as you take the proper precautions. There are many ways buyers are protected, but the best way to determine if a dealer or individual are reputable is to look at their feedback score and you can also view the comments previous customers have left for the seller. Beacuse you are buying gold coins I would recommend that you only buy from dealers with 100% feedback, but you have to take everything into consideration. If a seller has a feedback score of less than 100% he still may be a reputable dealer. Look at the total comments left in the upper right hand corner of the auction page.
Krugers are a very attractive proposition for private investors, especially with today’s soaring gold price! The Kruger was originally made available to world bullion dealers at a 3% premium over the prevailing gold price, so that after distribution costs, the coins would be available to investors in quantity at about 4% to 5% over intrinsic gold values, and possibly 10% premium for single pieces. This means that you will generally pay a higher price from a dealer than you will from EBay – and remember you shouldn’t be concerned about the aesthetics of the coin – its value is in the gold it contains, not how it looks!
With today’s rapidly rising gold price and turbulent stock markets, coins such as The Krugerrand are a very safe long term investment for individuals. For example if you had bought a Krugerrand on the first of January 2008 it would have cost you around $846 – the same coin is now worth over $1000 just 6 months later, and predicted to go as high as $1100 by the end of the year – that’s a whopping 30% growth for the year.
Invest in Collectible Silver Coins and Bars Bullion: Buy Like 5 Dollar Silver Maple Leaf Coins
Tuesday, January 26th, 2010Silver has captivated people like myself for over 6,000 years. Around 700 BC, Mesopotamians used precious metals like silver and gold as a medium of exchange. Many other civilizations also recognized the natural value of this silver as a trading metal. In ancient Rome, the denarius was minted, which contained 1/7 oz of silver; and in Greece, the drachma was the coin of the realm, weighing 1/8 oz. The English “Sterling” was originally a certain weight of silver, and even in our time, denotes excellence. Many human civilizations through history have valued silver, whether as household goods like candle sticks, jewellery, silver spoons and coin money. Silver bullion is a high . 999 % purity and a tradable form of silver. The silver industry produces bullion in the form of bars and coins. Bullion is priced based on the spot price value of the metal, plus a minting fee. Most of the time, big bars have little collector value because it is bought and hoarded for the silver content. On the other hand, bullion coins in resent years, like the 5 dollar silver maple leaf coin, have started to have collector value, in the rarity of the number of coins minted in some years. Any coin is collectible if you enjoy the items you collect. If that be silver bars with odd sizes, different companies logos, or odd numbers. Collecting can be fun, if you the enjoy the thrill of the hunt. This makes your silver hoard stockpile more enjoyable. Silver bullion is a popular investment from 1,000 oz bars to the Canadian 1 oz 5 dollar silver maple leaf coin. They can be stored for safe keeping, or an investor can leave it to his heirs. Silver bullion coins and bars typically are measured in troy ounces. When bullion is stamped . 999 pure, its weight and purity is guaranteed by that mint. If you buy one troy ounce bar or like the silver 5 dollar maple leaf coin, you will get one troy ounce of pure silver. Larger denominations are also available, such as 5 troy ounces, 10 troy ounce rectangular bars, all the way up to over 1000 ounces. No matter what size bars or coins you purchase, you can be assured that the weight and silver content is reliable. Having the weight stamped assures the purchaser that if he ever decides to sell the bullion, he will receive roughly that weight times the spot price of silver in cash. You can invest in silver bullion along with your stocks. The peace of mind that comes from something stored away for as long as a person wants with no risk of losses (as happens sometimes with stocks) is appealing. There is something about being able to hold silver maple leaf coins and bars in one’s hand. That is desirable in these uncertain times. Stock certificates don’t shine like silver, so investing in silver bullion coins and bars holds a special appeal. This is one of the reasons silver is prized as an adornment the world over as well. Silver commemorative coins and medallions that mark special occasions and events during the lifetime of the owner have sentimental value, as well as monetary value. Their value as historical pieces increases as does their value as precious metals. To find these kinds of items, it may be necessary to seek out specialty dealers who specialize in commemoratives and collectibles. These are an often overlooked avenue of investment potential. Investing in bullion bars and coins is the obvious answer for anyone who would prefer to store their silver in a safe deposit box or a safe at home. Paper money has never been a very good safe haven because inflation eats up its value. Precious metals, such as a 5 dollar maple leaf silver coins and bars almost always outpace inflation and devaluation of paper money.
