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The usual benchmark for the price of gold is known as the London Gold Fixing, a twice-daily (telephone) meeting of representatives from five bullion-trading firms. Furthermore, there is active gold trading based on the intra-day spot price, derived from gold-trading markets around the world as they open and close throughout the day
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In 1861, on the brink of bankruptcy and pressed to finance the Civil War, U.S. Congress authorized the United States Treasury to issue paper money for the first time in the form of non-interest bearing Treasury Notes called Demand Notes.
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Most U.S. $2 Federal Reserve Notes from 1976 and 1995 are worth no more than face value. Original packs from the Bureau of Engraving and Printing carry a premium, as do Star Notes which typically sell for $10 to $20 in Uncirculated condition for the common district banks. Star Notes from the Kansas City and Minneapolis district banks (I-* and J-* notes) are very scarce, and sell for more than $100 in Uncirculated condition.
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Royal Canadian Mint Participates in Beijing’s Olympic Expo 2008

Wed, 13 Aug 2008 20:40:00 +0000
The Royal Canadian Mint’s world-famous "Million Dollar Coin" made its Asian debut at Beijing’s Olympic Expo 2008 (Olympex). The unveiling was conducted by The Honourable David Emerson, Minister of Foreign Affairs, International Olympic Committee President Jacques Rogge and Honorary IOC President for Life Juan Antonio Samaranch.
This unprecedented coin, recently certified by Guinness World Records ...]

Coin News Daily August 20 2008

Wed, 20 Aug 2008 12:07:54 +0000
Additional Coin Collecting News from across the web presented by CoinLink
Gold - A Fabrication Bottleneck or Something More
The Internet is abuzz with reports that precious metal dealers have stopped selling coins and small bars because they have run out of inventory. For example, Franklin Sanders reports on goldprice.org that his inability to purchase product ...]

The First $2 Note Ever Printed

Thu, 21 Aug 2008 14:49:51 +0000
Heritage Auction Galleries will offer the very first $2 note ever printed by the U. S. Government in their upcoming Long Beach Currency Signature Auction, to be held September 17-19, 2008.
This first of a kind, Serial Number One note is a true miracle of survival, and has obviously spent countless hours, days and years ...]

Dubai reports gold demand boomBullionVault (press release), UK - Jan 28, 2008Gold trade increased by 29 per cent last year, reaching a value of more than $19 billion, according to the Dubai Multi Commodities Centre (DMCC). ...Gold loses

Tue, 29 Jan 2008 17:26:49 +0100
Dubai City Guide, United Arab Emirates -The total gold trade through Dubai reached $19.03 bn in 2007, an increase of 29% from 2006, according to a statement by Dubai Multi Commodities Centre ...

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posted by Money Collecting @ 4:30 AM