The editor of Coin World introduced their series of posts, “Great Britain’s modern gold sovereign celebrates 200th anniversary in 2017: Royal Mint marks milestone of flagship bullion coin”…
“this is the first part of a story about the British gold sovereign, which celebrates a milestone anniversary in 2017. senior editor Jeff Starck’s story about the coin and its history appears in the January 2017 monthly Coin World.”
“Britain’s gold sovereign, with the famous image of St. George slaying the Dragon, is one of the most recognized gold coins ever.
The sovereign — a coin that lacks a declaration of country or denomination — is the choice of investors and evaders, secret agents and villains alike (after all, James Bond famously carries 50 of them in his attache case).”
Bonanza Coins in Silver Spring, MD announced…
Want to win a 1916 McKinley commemorative gold dollar coin? Bonanza Coins’ Holiday Treasure Hunt is for you!
In celebration of the 100th anniversary of the minting of the scarce 1916 McKinley commemorative gold dollar coin, the Bonanza Coins Treasure Hunt offers you a chance to win a McKinley gold dollar now hidden somewhere in the DC Metro area.
Julian Leidman, owner of Bonanza Coins reports: “McKinley appears on 3 different issues of U.S. commemorative gold coins. Quite fascinating.”
Beginning Monday, December 12, 2016, through December 22, 2016, clues will be available at Bonanza Coins and posted on https://www.facebook.com/Bonanza-Coins-290279734341382/?ref=aymt_homepage_panel, along with clues tweeted by @fancaster.
The winner will be announced on New Years Day.
Safe Collecting Supplies, Inc. posted an opinion piece about the affects of the election of President-Elect Trump….
“Gold, Gold, Gold”
“Last month’s political pendulum took an unexpectedly sharp right turn, and thus the economy has settled down in the forefront of many a shareholder’s mind. With stock markets rising to historic heights, the effects of a business-centric president-elect are already showing. For now they’re headed northbound, but the overall question we as a country should ask is, Will the spikes last?
In James Rickard’s new book, ‘The New Case for Gold’, he says…
They say John Maynard Keynes called gold a “barbarous relic.”
They say there isn’t enough gold to support finance and commerce.
They say the gold supply can’t increase fast enough to support world growth.
In this bold manifesto, bestselling author and economic commentator James Rickards steps forward to defend gold—as both an irreplaceable store of wealth and a standard for currency.
Global political instability and market volatility are on the rise. Gold, always a prudent asset to own, has become the single most important wealth preservation tool for banks and individuals alike. Rickards draws on historical case studies, monetary theory, and personal experience as an investor to argue that:
• The next financial collapse will be exponentially bigger than the panic of 2008.
• The time will come, sooner rather than later, when there will be panic buying and only central banks, hedge funds, and other big players will be able to buy any gold at all.
• It’s not too late to prepare ourselves as a nation: there’s always enough gold for a gold standard if we specify a stable, nondeflationary price.
Providing clear instructions on how much gold to buy and where to store it, the short, provocative argument in this book will change the way you look at this “barbarous relic” forever.
CoinUpdate.com elaborates on the book and on “The New Case for Gold and the Gold Standard”. Here is an excerpt of his Postscript:
“Postscript: Trump and Gold
President-elect Donald Trump expressed qualified support for the gold standard during the 2016 presidential campaign…
…He went on to explain that in his view, other countries have the gold, which appears to be in reference to the moves by China, Russia, and other nations in recent years to vastly expand their gold reserves and gold holdings…
…But after a momentary spike the night he was elected, gold then began a massive move downward that has continued to this day…
…It remains to be seen what economic and trade policies the Trump administration pursues and how those policies, and congressional action on that agenda, will end up impacting gold in 2017 and beyond. “
Douglas Keefe is the president of Beachcomber Coins Inc. reported about the worth of gold since the election of Donald Trump as President of the United States…
“You will recall my prediction before the election that whoever wins, it would be wise to own gold. Well, with Donald Trump our president elect, the markets are reacting euphorically, with the stock market reaching an all-time high and the price of gold, unfortunately for my prediction, going down.
Not very far down; $1,188 as of the writing or this column. Remember though, that gold prices started the year under $1,100 per ounce, so the price is still strong. Only time will tell if my prediction about gold will come to pass, but looking at the entire world stage, I think a little hedging in one’s financial portfolio wouldn’t hurt.”
Wikipedia – ‘Gold as an Investment‘
Learning about a hobby or anything is more fun when it is shared with a friend, family member or other. Learning about coins and money is no different. Lots of people learn about coins and coin history through coin clubs such as the Upper Cumberland Coin Club….
The club president, Dennis, “first got interested in coins when his grandmother showed him the thousands of pennies she had collected over the years. He picked up a book on coins and sorted through them for her.
“That’s how a majority of the older collectors get into them,” he said. “When the pennies went from the wheat pennies to the Lincoln Memorial in 1959, a lot of people started collecting pennies…
Both (he and Rich) are now encyclopedias of knowledge about coins from various countries and time periods. They can recite important dates — such as 1982, when pennies went from copper to zinc — or about 550 BC, when the Greek king who is credited with being the first to create gold coins.
“He was the richest person on earth at the time, but he had no way to tell how much he was worth,” White said. “So he ordered his gold and silver be stamped into coinage so he could count it. That’s where the saying ‘He has more money that Cresus’ came from.”
“A long time ago, people did not buy or sell with money. Instead they traded one thing for another to get what they wanted or needed. This exchange of goods or services is called barter. At the beginning this was sufficient, but with the evolution of societies, certain needs made the creation of a more stable and more efficient way of trading imperative. Many cultures around the world eventually developed the use of money whose value was based on the value of the material from which it was made…” http://www.ancient-origins.net