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Friday, November 14, 2008

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As an aside, it is interesting how poorly high denomination U.S. notes have performed as an investment. Anyone would have fared much, much better by depositing the $500 or $1,000 in even a low-interest savings account in the 1940's or 1950's when these circulated, as the return would have been much higher than on a $500 or $1,000 bill. In fact, the return on $5,000 and $10,000 bills is very poor compared to other investments-yes, even the stock market, where despite the bear market of the last couple of years, $5,000 or $10,000 invested in stocks when these notes were printed would be worth many multiples of what these notes are now worth. The moral is, of course, that if you are "hanging on" to high denomination notes in the hopes that they are a good investment and will be worth much more one day, history is not encouraging.
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Cherrypicking dealer stock, such as the boxes of slabbed coins or 2x2's, generally requires that you have a lot of back and forth interaction with the dealer. Typically, he'll hand you one box at a time to look through, and if you're fast, you might be pestering him several times in a short period of time for more coins to check. In such a scenario, it is important to be courteous and patient, and to only pull out and set aside the coins that you are pretty sure you're going to buy. The reason is that the dealer must go to several different places to put back any unsold coins you've pulled out.
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Tell everyone you know that you are a paper money collector, many people will give you specimens they have collected on trips to foreign countries. Some people may have friends or relatives from other countries coming to visit who will bring you representative banknotes from their country in exchange for US dollars when they arrive. You'll never get anything if you don't ask, it's always worth asking.
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Mexico: 50 Peso 1947 golf coin. Mexico's silver and gold coins are highly collected due to the common border shared between Mexico and the United States.
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The South African Kruggerand gold coins are the world's first gold bullion coin minted for investment, the Krugerrand is believed to be the most widely owned bullion coin in the world. The Krugerrand's obverse, designed by O. Schultz, features the first President of the South African Republic, Paul Kruger. Due to Kruger's relationship with Apartheid, these coins are the least expensive of all the major gold bullion coins. Kruger is surrounded by the name of his nation in Afrikaans and English, two of South Africa's eleven official languages: SUID-AFRIKA � SOUTH AFRICA
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Your Latest morgan silver dollars News

5 p.m. update: Bail set at $1 million in Cross Plains Halloween ... - WKOW TV

Mon, 10 Nov 2008 22:16:00 GMT
Charles Witzel Jr. shot Craig Severson to death on Halloween in anger over an affair that Severson once had with Witzel's ex-girlfriend, authorities say. Just 45 minutes after the ...

Odyssey Marine Exploration sees calm seas ahead after 2 more shipwreck finds

Fri, 14 Nov 2008 17:03:00 +0000
TAMPA - Odyssey Marine Exploration, the company that recovered a sunken treasure worth an estimated $500 million from the Atlantic Ocean last year,...



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The Open Road - CNET News

Tue, 11 Nov 2008 14:44:00 GMT
Open-source content management and collaboration vendor Alfresco has released the latest results of its Open Source Barometer , a global survey of 25,000-plus respondents within ...

Amazing Braided Hair Large Cent Error Discovered

Sun, 15 Jun 2008 12:14:57 +0000
An amazing Braided Hair large cent struck on a half cent planchet will be making its first public auction appearance at Heritage’s 2008 Baltimore ANA Signature® Auction. The coin has been consigned by a very private Northwest family whose members were unaware of its rarity or significance. The newly discovered rarity will be sold July ...]


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