|
|
|
Wednesday, 23 January 2008 02:00 |
Federal appeals court judges expressed their worries about the fact that blind people are not able to distinguish between a $50 bill and a $1 bill. The judges, however, still hesitate on forcing the redesign of the U.S. currency.
The case rose after a judge stated that the government discriminated against sightless people because it keeps the banknotes in the same color, shape and texture. Although the judge gave several days to the Treasury Department to start solving the issue, while appeals play out, the question regarding changes still remained withheld. |
|
Click here to continue... [U.S. Currency Change Question to Help the Blind]
|
|
Friday, 18 January 2008 06:00 |
Today on the market there are two main types of rare coins, the first group includes grade rarities and the second group mintage rarities.
Mintage Rarity This represents a rare coin that was issued in low quantity if compared to market demand. |
|
Click here to continue... [The Distinction between a Grade Rarity and a Mintage Rarity]
|
|
Thursday, 10 January 2008 08:11 |
The main distinction between a planchet and a coin blank is that the former has a raised rim, which is applied to the coin's blank with the help of an upsetting mill. The mill compresses the edge of the coin blank as it is rotated among two beveled surfaces. Errors that occur from planchet include all the mistakes that are a result of a defective blank; this does not depend on whether it has passed or not through the upsetting mill.
Planchet Error |
|
Read more... [Planchet, Die or Strike and the Errors that Might Result]
|
|
Sunday, 09 December 2007 13:42 |
Since 1971, the United Kingdom of Great Britain and Northern Ireland has used a decimal system, one pound valuing 100 pence.
|
|
Click here to continue ... [British Contemporary Coinage System]
|
|
Tuesday, 04 December 2007 22:11 |
When it comes to precious metals, the most think of silver and gold only. However, this term implies any metal that represents a rare metallic element, which in its turn is both qualitative and has a durable economic value. It is believed that the status of a precious metal depends on its scarcity. The rarer the metal is the more precious the item becomes.
|
|
Click here to continue ... [The Finery of Precious Metals]
|
|
Wednesday, 21 November 2007 22:54 |
The silver dollar coins , minted in 1799, have at least 11 obverse dies and 17 reverse dies, which are being used in about 23 various combinations. An increased number of silver dollar coins was the result of silver deposited in other sources besides Bank of North America. The amount of deposited silver improved in 1800.
Although the economy of the United States was declining, there was no obligation for the Mint to store silver dollar coins to only one depositor. Interesting to note that today about 16 different types of 1800 silver dollar coins can be found. Probably one of the most interesting among them being the coin where there is a misspelling on its reverse, saying AMERICAI. An important fact is that the dollar denomination was a single silver coin that the Mint struck in the period between 1798 and 1800. |
|
Click here to continue ... [The Issue of Silver Dollar Coins Production]
|
|
Sunday, 18 November 2007 07:00 |
Since decimalization, the coins of the United Kingdom for the first time will feature new designs. The nation will be able to see the major change in the design of the legal tender coins in the late spring of 2008. New designs will be included on coins with denominations from 1 pence to 1 pound. These will feature a more contemporaneous Britain, the one of the 21st century.
|
|
Click here to continue ... [New 2008 Design of Britain Gold Proof Coins]
|
|
Tuesday, 30 October 2007 18:00 |
The first gold coins in the United States were issued back in 1795. The Unites States Mint set the value of the U.S. Dollar at 24 grains of gold. The value was based in accordance with the world price on the precious metal, which at that time was $19.39 per troy ounce.
The U.S. gold coins started to be issued in seven different mints around the country as the Western Frontier of the Unites States began its expansion. The mints were set from Philadelphia to San Francisco. The sizes of coins varied from one dollar gold piece to fifty dollar denomination. It is worth mentioning that at that time the U.S. mints issued coins that were worth their weight in gold. |
|
Click here to continue... [The History of Gold Coins Issued by United States Mint]
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Page 1 of 11 |