What are Lathe Rings?
KMFranck Lathe Rings Definition: These concentric rings are produced by a lathe which shapes the cone-shaped face of the unfinished working die. The cone is supposed to be polished smooth before…
Fancy Serial Numbers and How to Find Rare Money in Pocket Change
The worst thing that could happen after coin roll hunting or bill searching banknotes is that you end up with the same money you started with!
Act Seeks 1c Coin and $1 Note Elimination; 5c Composition Change
Legislation reintroduced in the U.S. Senate seeks to save taxpayers money by suspending production of the 1-cent coin, changing the 5-cent coin’s composition, and replacing $1 notes with $1 coins.…
What are Clad Coins?
The half dollar, quarter dollar, and dime coins are clad coins with 3 layers of metal. The 2 identical outer layers are an alloy of 75 percent copper and 25…
Coin Weights and Requirements under US Law – 31 U.S. Code § 5112
31 U.S. Code § 5112 – Denominations, specifications, and design of coins (a) The Secretary of the Treasury may mint and issue only the following coins: (1) a dollar coin…
5 Facts on the new £1 coins worth £250
How to look for to spot the really rare ones!
Fancy Serial Numbers
First, there are a lot of factors that come into play when determining the value of currency. Condition, the type of error or variety in the piece, the aging of…
Interest bearing $100 Leads
As reported in a previous issue, Archives International Auctions’ Dec. 6 sale included a choice U.S. rarity: a blank form for a U.S. Treasury interest bearing $100 bill dated 183-.…
The War on Currency and Precious Metals
The global financial system continues to groan under the strain of the accumulated weight of trillions of dollars worth of debt and derivatives, which have built up to even more…
Daily Gold Price and News – Weekly Gold Price
Prices for precious metals split on Friday and for the week. Silver was alone with both gains on the day and week. Gold, meanwhile, rose slightly on Friday and closed…