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In October 4, 2007, David Albanese (president of Albanese Rare Coins) stated that a $10 - 1804-dated Eagle coin (made for President Andrew Jackson as a diplomatic gift) was sold to an anonymous private collector for $5 million.
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Let's look at the doomsday scenario of investing. Many investors, myself included, hold gold because it is a great store of value. If our economy ever goes under (I sure hope it doesn't), gold and silver coins will be used to pay for goods and services. I sure want to hold different denominations and types of coins because not all goods and services cost the same amount. The smaller 1/10 ounce gold coins are the best for this scenario because they can be used to pay for smaller purchases. Silver coins are also really important under this scenario.
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For most of history, coins were valued based on the precious metal they contain. Whether a coin is made by who it appears to be was of secondary importance compared to whether it contains the correct amount of metal, that is, right weight and fineness. Genuine appearance was simply a convenient shortcut to avoid time-consuming tests in everyday transactions.
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The Top Ten Rarest Ten Libs

Sat, 16 Aug 2008 12:15:29 +0000
 By Doug Winter - www.RareGoldCoins.com
This article is about the Ten rarest Liberty Head eagles. Notice that I didn’t say “the ten most popular” or “the ten most expensive.” Readers may be surprised that this top ten list does not include any Carson City issues (although I was tempted to include the 1870-CC) and just one ...]

Happy New Year!

Thu, 01 Jan 2009 18:00:14 +0000
On behalf of everyone here at CoinNews, we wish you the absolute best for 2009.
2008 was a spectacular year and we’d like to extend a special thank you for the many contributors that have helped make CoinNews a hangout for so many collectors from around the world.
For all, thank you so ...]

Cleaning Coins Which Have PVC Residue

PVC damage on coins is caused by the breakdown of the polyvinyl chloride (PVC) that is found in inexpensive plastic coin packaging. The most common source of PVC damage...