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Gold Coins For Sale

British Gold Coins

One of the best known and most sought after collections of gold coins in the world are the classic collection of British gold coins - Gold Sovereigns.. With an exciting and distinct history, British sovereigns are very sought-after by numismatists and collectors. British Sovereigns struck in more recent times are in high demand amongst investors rather than collectors.

British Sovereign coins were first minted in 1489 by King Henry VII of England. Their value was 1 pounsd sterling, aka twenty-shillings. However, since they were used for official purposes and not as regularly circulated coins, there is no face value indicated on the coins.

The original Sovereign coins consisted of twenty-three karat gold, which is ninety six percent pure, and contained 15.6 grams of gold, or a half-troy oz. While Henry the Eight reigned, Sovereigns' purity level was lowered to twenty two carats(92% purity), that created a new standard of what is nowadays called "crown gold", a title still used today in both the UK and the United States. The content of their gold was reduced a few more times until it was fixed at 7.322 grams, in other words 0.2354 troy oz.

The British Royal Mint has released various additional denominations of gold sovereigns, including 1/2 sovereigns with an official value of 10 shillings (1/2 pound sterling), double sovereigns with a nominal value of two pounds sterling, and 5x Sovereigns with an official value of five pounds sterling Then in 2009 the Mintfor the first time has released 1/4 Sovereign coins with an official value of five shillings. It is obvious that the nominal value has nothing to do with their true value in in this day and age.
These British gold coins were widely produced until the First World War, when the pound was removed from the gold standard.Until 1932, Gold Sovereigns were minted strictly at local mints in some commonwealth countries, specifically in South Africa, Canada, Australia, and India.Production ceased until 1957.

Starting in 1957 Sovereigns were once again produced, to maintain the integrity of the Sovereign amidst widespread counterfitting abroad.

Until 1982, sovereigns were minted as circulated bullion, but from 1982 to 1999 were produced only as proofs for numismatists. Ever since 2000, Sovereigns have once again been minted as bullion coins, whose value depends mainly on their weight in gold.

As stated above, British Gold Coins have an official value. Their true value, however, is determined both by the current market price of how much gold is in them plus unstable numismatic value, that varies massively depending on what coin it is and how much demand there is.

Gold coins minted recently should in theorycost around the market value of their weight plus a minimal premium, but can sell for a lot more. Throughout history, British Gold Sovereigns were often removed from circulation by the Royal Mint and their gold contents remolded into new coins. There were also buybacks of coins that had lost some of their weight in circulation, and were exchanged for full weight Sovereigns. Since so much remolding of old coins took place, old British gold coins are often very rare and have a high value to numismatists.

British Sovereigns are highly valed because of their historical and cultural character. Collectors love sovereigns and they can have tremendous numismatic value because of their history and rarity.. But old British sovereigns are likely inappropriate for people who just want to invest in gold not collect it. That kind of investor is better off buying only bullion coins rather than numismatic coins, since they are not so interested in aesthetics. Recently minted Sovereigns would make a better choice for those people.

But even if buying bullion sovereigns as an investor, one possible downside of these British gold coins is their uneven gold content that measures 7.322 grams, and is not written on the coin. This could make Sovereigns less liquid than a 1 oz. coin, particularly outside of the UKwhere British Sovereigns are widely known. They can be sold to bullion dealers, because they will be familiar with them. But if there is ever some catastrophe and you need immediate access to money to make daily transaction, UK Sovereigns may not be widely saleable. Undoubtedly, they do make a good investment, but I would nbot rely on them as emergency funds.

Learn more about these treasured British gold coins.

Frequently Asked Questions

  1. QUESTION:
    How do you go about purchasing gold coins?
    The treasury website offers 1oz gold coins for sale.
    Gold dealers tell me that the treasury sells only something called "proof" coins which are more expensive.
    Can anyone help with this confusion?
    Jim Crow. What the heel are you talking about?

    • ANSWER:
      It depends a bit on why you are buying gold coins. Proof coins are more expensive because they are intended as collectibles. The regular "business strike" coins are intended primarily as bullion.
      If you are buying bullion and don't care about the collectible aspect, most coin dealers will sell you Krugerrands, Canadian Maple Leafs, or US Eagles, all of which contain one Troy ounce of gold and sell for slightly more than the gold spot price.
      Here is one major bullion dealer's current price list, to give you an idea of what is available and at what price:
      https://online.kitco.com/bullion/completelist.html

  2. QUESTION:
    What Gold Coins are of Value aside from the current Government Issued one's?
    found a Golden coin, I think its european currency. It says 10 Euro cents on it but the color of it is gold, also can you exchange-sale Gold coins anywhere in the u.s. for money. If so where?. How can you distinguish Real Gold from fake one?.

    • ANSWER:
      Technical specifications for 10 Euro cent coin:
      0.10 euro coin

      diameter (mm): 19.75
      weight (g): 4.1
      colour: yellow
      edge: fine scallops

      Metallic content:
      Nordic gold
      89% copper
      5% aluminium
      5% zinc
      1% tin

      This coin does not contain any actual gold. The second link has photos you can compare your coin to.
      The coin has a face value of about US[FAQ-ANSWER].13, and isn't worth the effort to try to exchange.

  3. QUESTION:
    Malaysian RM 1 gold coins for sale?
    Does anyone know people who would be interested in buying RM 1 gold coins which was stopped production in Malaysia 2 years ago?
    Does the Malaysian -non commerative- RM 1 coins (The type that can be counterfeited) still have a value among coin collectors?

    • ANSWER:
      Unless your RM1 coins are uncirculated, I'm afraid not. I find those coins in bargain bins regularly - enough to put together a complete date and variety set (1989 - 1996).
      I was saving them in hopes of cashing them in if I ever got back to Kuala Lumpur. That is no longer an option - the RM1 coin was demonetized last year and is no longer legal tender.
      It's too bad you don't have any commemorative types - those are all worth several times face value.

      This, from the Bank Negara Malaysia web site:

      RM 1 Coin Cease to be Legal Tender on 7 December 2005
      Bank Negara Malaysia would like to remind members of the public that the RM1 coin will cease to be legal tender effective 7 December 2005 and may no longer be used for any transactions.

      As the three-month period for the withdrawal of the RM 1 coin ends on 6 December 2005, all branches of commercial banks and Bank Simpanan Nasional state main branches will no longer accept the exchange of RM 1 coins.

      However, members of the public who have yet to exchange their RM 1 coins can still do so at Bank Negara Malaysia Head Office in Kuala Lumpur and its branches in Pulau Pinang, Johor Bahru, Kuala Terengganu, Kuching and Kota Kinabalu until further notice.

      Further details on the withdrawal of the RM1 coin can be obtained from the Bank Negara Malaysia's website (http://www.bnm.gov.my) or by contacting the Currency Management and Operations Department of Bank Negara Malaysia at 03-2698 8044 ext. 7417.

      Bank Negara Malaysia
      5 December 2005

  4. QUESTION:
    Gold coins for sale?
    Are there restrictions for individuals while selling Gold Coins to collectors?

    • ANSWER:
      In the U.S., none whatsoever. This is probably a good time to sell, too, with gold at 1 per ounce right at the moment. Good luck!

  5. QUESTION:
    Rare gold coins for sale.?
    I own a mint conditon Prussian 23k gold coin (jeweler told me) minted in 1913, .2034 in troy ounces, is not a duplicate since it has the makers marks and every thing else. But what i am asking is, if i go to a local coin seller, who does sell coins for over 1000$, would he pay me in cash or some other sort of way.

    • ANSWER:
      hello, being a coin dealer, I can say the usual method of payment is cash. the coin should have a value of about 0 to 0 , plus or minus the profit margin of the dealer.

  6. QUESTION:
    What's all the Obama hoopla that is for sale on tv? Gold coins, stamps,ect.? ?
    What if Obama turns out to be a great big flop? What's going to happen to all that worthless crap lying around?

    • ANSWER:
      Because they are trying to capitalize on Barack Obama's success and get a buck or two off of it. It won't matter that all the stuff is worthless because they sold it and made money. All of these chotchkies won't be worth much.

  7. QUESTION:
    how to sale a gold coin?
    I have 2 gold coins that i am thinking of selling- 1 is a 1979 1 oz krugerrand from south africa. the other is a 1982 1 oz canadian 50 dollar piece. they are both in excellent condition

    what is the best way to obtain the best price for them? and how do i know if the price i am told is a good one or not?

    • ANSWER:
      An ounce of gold is over 0.00 now.Try ebay.

  8. QUESTION:
    How long will the U.S. Mint keep the American-Buffalo 24 karat Gold Coin sales halted?
    The demand for gold is rising fast because the U.S. economy is tanking. If coin dealers are out of all American Gold coins including American Gold Eagles too, would you buy a Canadian Maple Leaf or a South African Krugerrand? http://www.huffingtonpost.com/2008/09/28/us-mint-suspends-sale-of_n_129960.html
    http://latimesblogs.latimes.com/money_co/2008/08/gold-market-bul.html

    • ANSWER:
      It's not just happening in Gold. Silver bars smaller then 100oz are difficult to find and have a premium be charged on them because of their small size.

      With the US bail out and the European bail out people are switching what they can into precious metals as a hedge against inflation.

  9. QUESTION:
    Gold Coin for sale?
    asked a question yesterday about selling a gold coin, and was informed that more info was needed. There are two coins that I have to sell.

    One- South African Krueggrand 1979 1 oz solid gold. Excellent condition- all ridges are sharp and detailed. Looks brand new.

    Two- Canadian 1982 1 oz solid gold. Also in excellent condition.

    Both of these belonged to my grandfather- and have not (to my knowledge) been circulated. At any rate, they are not smudged or worn at all.

    I would like to know the best way to sell, and how much I can expect to receive for them. Thanks for your help.

    • ANSWER:
      Your local coin shop or eBay. Both coins are fairly common, as far as bullion coins go. Most reputable coins shops buy these at about 5% under gold spot price and sell for about 3 - 5% over.
      Up to date gold price can be found at this web site:
      http://www.kitco.com/market/

  10. QUESTION:
    Where can I find fake gold coins to use for costume trim?
    Wright's ribbon used to have gold coins on trim for sale but I can't find them. I've also found on the net belly dancers use them but they are very expensive. I just need about 20 of them. Thanks for any help.

    • ANSWER:
      I don't know if you have a Michael's, Jeffrey Alan's, Hobby Lobby, or some similar store where you live, but many such hobby related places offer fake "coins" like that. Also you can try your local coin shop or dealer...they might have some cheap genuine coins made of brass, etc. from other countries that look goldish, but aren't, and can be bought inexpensively. If you want to use a US coin, go to your local bank and get 20- Sacagawea golden colored dollars...cost... each. Maybe that's more than you want to spend, but it's an option anyhow. Hope these suggestions helped.

  11. QUESTION:
    In the new Health Care law do you have to give a 1099 for gold sales?
    Does the new Health Care Law stipulate that individuals who have gold coins (at least 0 worth) and decide to sell them have to provide a 1099 form? Does this apply to all other property sales over 0?

    • ANSWER:
      state taxes and inheratance taxes will get it when you die

  12. QUESTION:
    Wash Sales Rules for Gold Coins?
    Hi All,

    Can somebody help me understand wash sales rules for Gold Coins. If I sell a 1 oz American Buffalo coin and immediately purchase a 1 oz Canadian Maple Leaf coin, do wash sales rules apply? It is still 1 oz of 24 ct gold, but is a different physical coin.

    • ANSWER:
      indispensable commodity

  13. QUESTION:
    does a gold clad coin realy have any value?
    i see gold clad coins for sale all the time and want to know if they have any real value. and if so, how can you tell how much they are worth?

    • ANSWER:
      No. The amount of gold plating is very small, and the rest of the coin is mostly copper. The total metal value is well below a dollar in one of those coins. This value is known as intrinsic value - what it would be worth if there was no collector value at all. Anything beyond that is collector value. The only reason anyone buys these things for the prices they sell for is because they fall for the slick advertising and believe they're getting something with real intrinsic value. They aren't.

  14. QUESTION:
    How to get the highest sales price for a few German gold coins in New York City (Manhattan)?
    I own 5 coins. They are each 20 Deutsche Reich Mark, dated 1913, 1913, 1893, 1904 and 1912. What's the approximate value?

    • ANSWER:
      I believe, (off the top of my head), that these coins are about 1/5 ounce gold. They are, however, somewhat scarcer than other European gold coins. I would take them to a larger coin dealer, (R.M. Smythe is in manhattan I believe, they are very old and prestigious). They would give you fair value immediately. Items like this, though, sell well on Ebay and you may make more there.

      To get more details about the coin, I would look at World Coins and their values, and look the coins up. Many libraries will have this book, as well as many large bookstores, (not that I am telling you to just use a book in a bookstore.....).

  15. QUESTION:
    Glenn Beck feuds with congressman over gold investigation?
    Goldline International Inc. is among several gold concerns that advertise with Beck while Beck offers testimonials about gold — an arrangement that's sparked some conflict-of-interest complaints about the pundit.

    Goldline International Inc. "rips off consumers, uses misleading and possibly illegal sales tactics, and deliberately manipulates public fears of an impending government takeover."

    Democratic Rep. Anthony Weiner's report based its findings on a study of 18 gold coins offered for sale on Goldline's website. When it compared the sale price with the value of the gold if it were melted, it found an average markup of 90 percent. Coins sold as collector items were even higher, with a markup of 152 percent, Weiner's report said.

    Would you ever trust and buy from any gold retailer as an investment?

    • ANSWER:
      Ohhhh. That explains why he's always saying dumb stuff propping up the gold standard. He's an advertisement.

  16. QUESTION:
    looking for the value of a Kruger Rand a south african gold coin as I have 4 for sale?

    • ANSWER:
      Krugerrands sell for about 2% over the value of the gold they contain.
      As of 12 January 2007, gold is 5.40 per ounce.
      Here is a good web site for checking gold and silver values:
      http://kitco.com/market/

  17. QUESTION:
    What are the odds that Glenn Beck will tell us the key to restoring America's honor is to buy gold coins?
    Before he launches into a three hour sales pitch for Goldline?

    • ANSWER:
      Probably the same odds that obama is gonna run a the most transparent administration in American history and balance the budget etc. etc.

  18. QUESTION:
    Capital gain tax on physical gold?
    I think that people are supposed to pay a capital gain tax on physical gold, but how can the IRS track it?
    For instance if my grandfather gives me gold that I sell, I don't even know how much gain I made on the sale.
    If I buy gold coins in a shop, do they give me a tax form to fill out so that I can pay capital gain taxes?

    • ANSWER:
      Physical gold really can't be tracked.

      If you buy gold coins in a shop they will not give you a tax form to fill out to pay capital gains.

      It would be interesting to see on a tax return though. Especially if you were showing a capital loss on the sale of physical gold.

  19. QUESTION:
    1999 dollar Proof Gold coin..Is this coin a "very rare" coin? On Ebay it's "BuyItNow" price is ,355!!!?
    I was recently looking at currency items on Ebay, and I came across a 1999 dollar Proof Gold coin that was for sale, and noticed it had a "Buy It Now" price of ,355 dollars. I am fairly new to collecting coins, so I was hoping someone could please possibly help me out with a question I had about that coin. Is this coin a "very rare" coin? Is it because it's been graded by chance? Or is it a rare coin as far as the year? I have searched all over the web trying to find this out, and realized several sites that deal in gold coins had several .00 gold coins for sell, but the 1999 coin wasn't available in their lists, they had surrounding years, but skipped 1999. Is this coin a "very rare" coin? I would greatly appreciate your help & response to this, It's driving me crazy trying to find out an honest response by searching the web, It interest me because i believe i may also have this coin in a collection i have in storage, but mine has not been graded. Does having the coin graded greatly increase the value as well? Again, I would really appreciate any help on this, and look forward to your response. I Would Appreciate An Urgent Honest Response! The Link To The Coin On Ebay is - http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=350062492480.

    • ANSWER:
      Coin World's coin values web site lists this as being worth 5 in the condition specified.

  20. QUESTION:
    1999 dollar Proof Gold coin..Is this coin a "very rare" coin? On Ebay it's "BuyItNow" price is ,355!!!?
    I was recently looking at currency items on Ebay, and I came across a 1999 dollar Proof Gold coin that was for sale, and noticed it had a "Buy It Now" price of ,355 dollars. I am fairly new to collecting coins, so I was hoping someone could please possibly help me out with a question I had about that coin. Is this coin a "very rare" coin? Is it because it's been graded by chance? Or is it a rare coin as far as the year? I have searched all over the web trying to find this out, and realized several sites that deal in gold coins had several .00 gold coins for sell, but the 1999 coin wasn't available in their lists, they had surrounding years, but skipped 1999. Is this coin a "very rare" coin? I would greatly appreciate your help & response to this, It's driving me crazy trying to find out an honest response by searching the web, It interest me because i believe i may also have this coin in a collection i have in storage, but mine has not been graded. Does having the coin graded greatly increase the value as well? Again, I would really appreciate any help on this, and look forward to your response. I Would Appreciate An Urgent Honest Response! The Link To The Coin On Ebay is - http://cgi.ebay.com/ws/eBayISAPI.dll?Vie...

    • ANSWER:
      Be careful.
      Why they sell in EBay, instead of a reputable auction?

      Besides coins must be in perfect condition to be worth that much.
      Scratched, worn down or otherwise damaged (even if they are microscopic scratches), are worth just a few dollars.

  21. QUESTION:
    gold pound coinn for sale?
    Hi everybody, I ha a gold pound coin 1967, do you know the value at all?

    thanks in advance!

    • ANSWER:
      Would that be a gold sovereign (St. George slaying the dragon on one side, Queen Elizabeth II on the other)? That coin contains a touch less than 1/4 troy ounce of gold (.2348 troy ounces, I think?) and isn't worth much more than the gold content.
      Today, the value of the gold content would be about US2.98. A coin dealer will pay about 90% of that.

  22. QUESTION:
    **URGENT!! **How Much Is A 1999 DOLLAR GOLD EAGLE Worth? ?
    I was recently looking at currency items on Ebay, and I came across a 1999 dollar Proof Gold coin that was for sale, and noticed it had a "Buy It Now" price of ,355 dollars. I am fairly new to collecting coins, so I was hoping someone could please possibly help me out with a question I had about that coin. Is this coin a "very rare" coin? Is it because it's been graded by chance? Or is it a rare coin as far as the year? I have searched all over the web trying to find this out, and realized several sites that deal in gold coins had several .00 gold coins for sell, but the 1999 coin wasn't available in their lists, they had surrounding years, but skipped 1999. Is this coin a "very rare" coin? I would greatly appreciate your help & response to this, It's driving me crazy trying to find out an honest response by searching the web, It interest me because i believe i may also have this coin in a collection i have in storage, but mine has not been graded. Does having the coin graded greatly increase the value as well? Again, I would really appreciate any help on this, and look forward to your response. I Would Appreciate An Urgent Honest Response! The Link To The Coin On Ebay is - http://cgi.ebay.com/ws/eBayISAPI.dll?Vie...

    • ANSWER:
      the most current retail value for 1999 gold proof is 9.00. it's mintage in 1999 was30,542 as compared to 25,896 for 1998 and 32,000 for 2000. not at all rare, and grossly overpriced in my opinion.all coins released as proof coins are graded as "proof coins" by the u.s. mint.
      as to the value of a graded coin, it depends on the coin, the condition, the scarcity and the demand. which isn't much of an answer.
      hope this helps.
      hrh

  23. QUESTION:
    If you exchange your gold for paper, is that a fair trade?
    Executive Order 6102 is an Executive Order signed on April 5, 1933 by U.S. President Franklin D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates." It required all persons to deliver on or before May 1, 1933 all gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve. Under the Trading With the Enemy Act of October 6, 1917, as amended on March 9, 1933, violation of Executive Order 6102 was punishable by fine up to ,000 (6,640 if adjusted for inflation as of 2008) or up to ten years in prison, or both. Because of this forced immediate sale of gold to the Federal Reserve at the government set price of .67 per troy ounce, this Executive Order is often referred to as the Gold Confiscation of 1933. ****Shortly after this forced sale, the price of gold from the treasury for international transactions was raised to an ounce; the U.S. government thereby devalued the U.S. dollar by 41%.***

    http://en.wikipedia.org/wiki/Executive_Order_6102

    • ANSWER:
      One of the reasons there are so many "pre-1933" gold U.S. coins available is because people didn't turn in their gold. That should say something about the fairness of that confiscation.

  24. QUESTION:
    Why did Americans let FDR steal their gold via Executive Order 6102?
    Executive Order 6102 is an Executive Order signed on April 5, 1933 by U.S. President Franklin D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates." It required all persons to deliver on or before May 1, 1933 all gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve. Under the Trading With the Enemy Act of October 6, 1917, as amended on March 9, 1933, violation of Executive Order 6102 was punishable by fine up to ,000 (6,640 if adjusted for inflation as of 2008) or up to ten years in prison, or both. Because of this forced immediate sale of gold to the Federal Reserve at the government set price of .67 per troy ounce, this Executive Order is often referred to as the Gold Confiscation of 1933. ****Shortly after this forced sale, the price of gold from the treasury for international transactions was raised to an ounce; the U.S. government thereby devalued the U.S. dollar by 41%.***

    http://en.wikipedia.org/wiki/Executive_Order_6102

    What gives ANY president the authority to confiscate gold??
    liberty.............seems like this executive order did EXACTLY that: gave their money (something of value: gold) to rich people in exchange for worthless paper.

    • ANSWER:
      Because they didn't want to go to jail, and he was probably trying to create inflation do deal with the Great depression, when most people in America were living week to week or day to day;

      while others had large piles of cash.

  25. QUESTION:
    Question about Gold coins?
    I am wondering how the process of selling a gold coin works. From what I was told, there are actually two types of gold. "Collectible" gold coins, which are usually the coins made in 1933 and before. And the "Bullion" coins, which are the gold coins cheaper than the collectible ones. Obviously you pay a premium to buy a collectible coin like a liberty, and I'm told that you can get the premium back upon selling it. But I'm wondering about the process of selling these different types of coins. I was told that a collectible coin like a liberty is considered to be a "private" piece of gold and when you sell it to somebody else, it is a "private" sell therefore you do not have to file a 1099 claiming that you made the sale at the end of the year. But with a bullion gold coin like th eagle, which I'm told is considered "public" gold, you HAVE to claim it on your taxes at the end of the year by filing a 1099. I'm wondering, first of all if there is such a different existing where there is "public" and "private" gold coins, and is what I just explained true? Can somebody please explain this process to me because I am pretty close to clueless. If you know what your talking about, would it be possible for someone to show me the law outlining this information on a government website like the IRS or something, because I can't find any information about this stuff really.. thanks

    • ANSWER:
      Gold bullion and coins are treated exactly the same when sold by an individual: they are capital assets. Their sale realizes a capital gain or loss, which needs to be reported on Schedule D. The maximum tax rate is 28%.

      Coin dealers are treated differently.

      See Publication 17, page 101 and 112
      http://www.irs.gov/pub/irs-pdf/p17.pdf

  26. QUESTION:
    Question about Gold Coins?
    I am wondering how the process of selling a gold coin works. From what I was told, there are actually two types of gold. "Collectible" gold coins, which are usually the coins made in 1933 and before. And the "Bullion" coins, which are the gold coins cheaper than the collectible ones. Obviously you pay a premium to buy a collectible coin like a liberty, and I'm told that you can get the premium back upon selling it. But I'm wondering about the process of selling these different types of coins. I was told that a collectible coin like a liberty is considered to be a "private" piece of gold and when you sell it to somebody else, it is a "private" sell therefore you do not have to file a 1099 claiming that you made the sale at the end of the year. But with a bullion gold coin like th eagle, which I'm told is considered "public" gold, you HAVE to claim it on your taxes at the end of the year by filing a 1099. I'm wondering, first of all if there is such a different existing where there is "public" and "private" gold coins, and is what I just explained true? Can somebody please explain this process to me because I am pretty close to clueless. If you know what your talking about, would it be possible for someone to show me the law outlining this information on a government website like the IRS or something, because I can't find any information about this stuff really.. thanks

    • ANSWER:
      If you sell an asset for more than you paid for it, you have to claim the income. The remaining issue is it's taxed at your marginal tax rate (capped at 28%, the rate for metals and coins).

      The IRS does not distinguish between "public" and "private" gold. You have to report both sales if you have gains from them. This is true whether or not there is a record of the sale.

      The dealer has an obligation to report sales of bullion on a 1099-B because it's classified as an investment.

  27. QUESTION:
    Why is Utah considering a bill to make gold and silver legal tender?
    Do you think the Federal Reserve will like the competition?

    Utah took its first step Friday toward bringing back the gold standard when the state House passed a bill that would recognize gold and silver coins issued by the federal government as legal currency.
    The House voted 47-26 in favor of the legislation that would also exempt the sale of gold from the state capital gains tax and calls for a committee to study alternative currencies for the state.

    Read more: http://www.foxnews.com/politics/2011/03/04/utah-house-passes-recognizing-gold-silver-legal-tender/#ixzz1FsbJWLeM

    • ANSWER:
      Because our dollar ain't worth anything.

  28. QUESTION:
    Where can I get coins?
    I'm trying to find out where I can buy those fake coins people use for crafts. The light weight ones that are only really printed on one side and come in silver or gold. Searching just brings up actual coin collections for sale, and no store near me has even seen them.

    • ANSWER:
      Oriental Trader

  29. QUESTION:
    Gold Eagle recovered from WTC?
    I can't seem to get a straight answer on this....this coin is a gold coin, recovered from under the World Trade Center, and is graded an MS69. It's either from 1984 or 1986, I can't remember (it's in a safe deposit box now!). I have seen some people get a gleam in their eye when they estimate a very low worth, while others have given entirely opposite opinions. I don't know who to trust, so the coin is not for sale at this time. However, I would love to have some idea of the value (or not) of this coin. Any help would be most appreciated!
    This coin has been verified by PCGS as having been recovered from the WTC, and is encased within their authentic binding.

    • ANSWER:
      I don't know how you can possibly get any idea of what a coin like the one you [allegedly] have is worth in this forum.

      Your Q would be like asking you to give me a value on that Lincoln Continental or Mercedes Benz over there.

      It should be taken to a professiuonal numismatist - a professional coinn dealer. A person who sees coins and currency and who buys currency, sells currency and appraises currency every day.

      Thanks for asking your Q! I enjoyed answering it!

      VTY,
      Ron Berue
      Yes, that is my real last name!

  30. QUESTION:
    How much is this coin worth? 1925 Yugoslavian 20 Dinara Gold Piece and only 1000 were made?
    I put it on ebay starting the bid at 5.95 and wasn't sure how much exactly it was worth. I do not have a world coin price book and can't seem to find them for sale anywhere. Thanks!

    • ANSWER:
      I saw your eBay lot. There are two more presently on eBay with "Buy-it-Now / Best offer" on them. One is priced at 0 and the other is 2. Neither one is quite as nice as yours, so you would be hoping that someone will spend a little extra for a choice BU specimen. Good luck!

      http://coins.shop.ebay.com/i.html?_nkw=yugo*+1925+20&_sacat=256&_trksid=p3286.m270.l1313&_odkw=&_osacat=256

  31. QUESTION:
    Have you heard of executive order 6102?
    http://en.wikipedia.org/wiki/Executive_Order_6102

    Executive Order 6102 is an Executive Order signed on April 5, 1933 by U.S. President Franklin D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates." It required all persons to deliver on or before May 1, 1933 all gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve. Under the Trading With the Enemy Act of October 6, 1917, as amended on March 9, 1933, violation of Executive Order 6102 was punishable by fine up to ,000 (6,640 if adjusted for inflation as of 2008) or up to ten years in prison, or both. Because of this forced immediate sale of gold to the Federal Reserve at the government set price of .67 per troy ounce, this Executive Order is often referred to as the Gold Confiscation of 1933. Shortly after this forced sale, the price of gold from the treasury for international transactions was raised to an ounce; the U.S. government thereby devalued the U.S. dollar by 41%.

    Do you think it was a good idea?
    What got us out of the Great Depression was production due to World War 2.

    http://www.howestreet.com/articles/index.php?article_id=5888

    There are graphs showing production during each time period on that link.
    Liberal Asskicker, by artificially raising the price of gold, that action demanded that more money be printed by the treasury in order to pay for each ounce. Since it wasn't backed anymore at that point, each dollar printed to pay for the gold (as well as FDR's economic intervention programs), was worth less.
    *by the Fed, excuse me
    http://www.nolanchart.com/article4732.html

    By this one action, the Treasury was instructed to pay .33 more "Dollars" for the same ounce of gold that just the day before was valued at .67 per ounce. Remember, in this country the "Dollar" was not money, it was redeemable for money, but it was not considered money. Gold was money and money was gold that was the essence of our monetary system. The reality behind this criminal action by FDR was that the people of this country were led to believe that FDR just increased the price of gold, but in fact, in reality, he had, with a stroke of a pen, drastically lowered the purchase value of the "Dollar". Not only had he [the government] confiscated the people's gold, but on top of it he also stole 41% of their purchasing power by devaluing the "Dollar".
    Robin, yes it was rescinded, but the act of directly making exchanges via gold instead of money is still illegal.

    From the wikipedia article:

    The limitation on gold ownership in the U.S. was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars and certificates by an act of Congress codified in Pub.L. 93-373 [1] [2] which went into effect December 31, 1974. P.L. 93-373 does not repeal the Gold Clause Resolution of 1933, which makes unlawful any contracts which specify payment in a fixed amount of money or a fixed amount of gold. That is, contracts are unenforceable if they use gold monetarily rather than as a commodity of trade.

    • ANSWER:
      Only 20 years. Hmm...

      The private entity which holds no reserves which we call the "Federal Reserve" is formed in 1913 and 20 years later, it has all the gold. What did they do with it? They don't keep reserves. Probably somehow cooked the books and left the gold with the Treasury who can no longer print money on the Constitutional authority of the Congress.

      ...

  32. QUESTION:
    Gold buying for investment?
    I have a bunch of cash laying around and want to invest in gold and want to know if it is better to buy gold bars or gold coins. What is your opinion and what has a better resale price when i want to sale it later in life and what is easier to sell and if i were to buy a gold bar who could i sell that gold bar to in later life.

    • ANSWER:
      Do not invest in gold. There are so many reasons why that is a bad deal, but if you want more information, check out Dave Ramsey. He has all the info on why gold investments are a total rip off.

  33. QUESTION:
    why did my question get removed?i asked about the DERIAN DOUGLAS HICKMAN ARCHIVES AND THE GOLD BAR'S THEY GAVE?
    TO VISITORS OR GOLD COINS.IN 1988-1995-PRESENT DAY, AT 200 DOLLARS A HALF ONCE 99.99% 1 MIILION VISITORS COST ABOUT 200 MILLION DOLLARS.MAYBE MORE FOR A HALF ONCE GOLD TODAY. ONE MOVIE DVD OR RENTAL SALES OR PAY PER VIEW MOVIE COULD PAY FOR THE COINS.SOME OF THE MOVIES IN THE COLLECTION OWNED BY ME DID BILLIONS IN SALES INCLUDING MERCHANDISE AND VIDEO GAMES.DISH AND DIRECT TV AND OTHER CABLE OUTLETS.NETFLIX BLOCKBUSTER,OTHER RENTAL PLACES.EXAMPLES OF MY COMPANY'S PROFITABILITY.NEVER MARRIED , FORMER BILLIONARE GOVERNOR DC COUNCILMAN COMMISSIONER,INDEPENDENT PRESIDENT NOMINATION (FREEDOM LIBERTY AND INDEPENDENCE PARTY) ALSO INENTIONS(PATENTS)TRADEMARKS ,COPYRIGHTS INCLUDING,(MICROSOFT,WINDOWS,MSN,INTEL,CISCO SYSTEMS,NATIONWIDE INSURANCE,GEICO,PROGRESSIVE,DISCOVERY CHANNELS,VICTORIA SECRET ,SEVERAL FOOD SERVICE BRANDS. ANY ONE REMEMBER VISITING THE ARCHIVES?A FAMILY OF FOUR COULD GET 800 DOLLARS IN GOLD.
    same or simular photo on derian douglas hickman archives gold coins.my photo and other information i also have had a united states postage stamp.with my photo. a great honor as a inventor writter.anyone have any they may be valuable,i once purchased almost or more than 1 million at 34 or 42 cents.340 thousand or 420 thousand several years ago.
    cisco systems not c systems same error years ago?

    • ANSWER:
      It was probably for a chatting violation. I just looked at your questions, They are almost all chatting in Yahoos terms. A question must give an answer which is useful and adds knowledge to All members. Your questions are mainly personal. Sorry but that is the rule Please read Yahoo TOS. Good luck and be careful

  34. QUESTION:
    The best place to buy gold?
    A year ago my friend went to the Scotia Bank in Toronto to buy gold for investment. He was told to pay something like 13% sales tax for coins and 6% for bars. Here in NY we pay 8% on everything we buy. Do we pay anything extra if we buy gold here? Does it make sense to you to buy gold in Hong Kong where there is no sales tax at all? Do you pay extra taxes for buying gold in places like Hong Kong or any other countries where there is no sales tax?

    • ANSWER:
      It's totally nuts to buy the metal (anywhere). When I trade gold I use the ETF "GLD". It's simple, no hidden trading costs, no tax, no shipping, no storage. I can buy 0,000 less or more of gold for less than per trade. This is how most traders do it.

      I don't own any know...... but I'm a swing & day trader.... so I only buy when there's clear momentum.

  35. QUESTION:
    Anyone Willing to Purchase a Runescape Account with Habbo Exchange Coins?
    I have two accounts for sale, one is level 99 and I take three gold bars for it, the other is level 51 and I take one sack for it. F/R DC44 on Habbo for more details. I only give first for the level 51, you must go first for the level 99. Thanks!

    All Habbo exchange must be in Habbo USA.

    -DC44

    • ANSWER:
      Habbo will have it's pools closed, due to AIDS.

  36. QUESTION:
    Math question....? Easy Best answer? >_ Heylo.

    If anyone could help me with this, it would really be appreciated. I know it's probably simple math, but I would just like to make sure my answer was correct. No, it's not homework. It has something to do with a game of mine on the Internet. Thanks ! >_<

    Okay:

    Tyler has 20,000 gold coins. There are Pizzas for sale. Each pizza costs 4 coins each. Tyler decides to spend all of his 20,000 gold on buying all of the pizzas he can. Eventually, Tyler ends up with 5,000 pizzas (correct me if I'm wrong), and no money remaining.

    Now Tyler has 5,000 pizzas. Tyler wants to re-sell these pizzas, for 104 gold coins per pizza. If Tyler sold all of the 5,000 pizzas for 104 gold per pizza, how much gold would Tyler have total?

    Thanks!
    =D

    • ANSWER:
      520000 gold

  37. QUESTION:
    An ebayer wants her money back seven months later is this valid?
    I sold a gold coin on ebay that was real and my grandfather was a collector of only nice
    real coins. Seven months later she is saying that the coin is a copy dipped in gold because she sent it off to be graded. They are also threatening me with the FBI. I do not commit illegal activity and she was happy with the coin after the sale and even commented good things on it. This is just a long time after to be contacting me about the coin. I just dont know what to do. If it is what they say I would probably be willing to work with them but I just fee somethig fishy. Do i have rights for this

    • ANSWER:
      7 months? I don't think so. If you sold the coin in good faith then don't worry about it. The FBI won't give a damn and will tell them to go away. It's way too long to file a complaint. How do you know they aren't pulling a fast one on you.

      I'd send them a letter back that says something like : The coin was sold in good faith as a real coin. To the best of my knowledge the coin sent to you was genuine. The FBI will not be interested in this because I have not committed any crime.

      After 7 months there is no way she can also prove the coin she is talking about is the one you originally sent her. How do you know they haven't pulled a switch and have the real one somewhere and are trying to cheat you. If she gets nasty simply tell her to call the FBI and you will tell them you sent an original and they have pulled a switch to bilk you out of money. That will end this nonsense.

      ___
      Had someone pull this on us once. Told them to get stuffed.

  38. QUESTION:
    can I sue to get back my stolen items from a gold buyer?
    I was robbed while I was out of town. When I got home I found a thief had stolen gold and jewelry. I called the police and filed a report. The police found the 'we buy gold' place that bought my stolen items. They said I was too late, because it had been 30 days and the buyer had sold the items.... He bought a double eagle 1 oz gold coin from the thief for 1300.00.......The only ones I can find for sale are 2000.00+..Can I sue the buyer for the price of the items?

    • ANSWER:
      Probably not.

      Good faith purchasers for value (also called bona fide purchasers for value) are protected from civil liability.

      If you can prove that this store was NOT a good faith purchaser, meaning you have to prove that they knew or should have known the items were stolen, then you have a cause of action against them.

      But if the store obtained personally identifying information from the person who sold your belongings and has turned all of that information over to the police it is very unlikely you will be able to prove they were not acting in good faith.

      I'm sorry. I know this is unfair and frustrating. Hopefully the thief is caught and prosecuted - the thief would be ordered to pay you restitution.

  39. QUESTION:
    Taxed money earned through Gold?
    Alright so lets say I buy a gold coin today. It's worth around 0...

    Then gold goes sky high within the month and the same coin is worth 00...

    I go to sell it to the coin store...I've made a 00 profit...

    Someone told me I have to pay taxes on it. Now is this by the "honesty policy" where I put down 00 on "other income" on my tax forms? Or does the store directly report the sale...and a form is given to me via mail or by the store for me to fill out the taxes for it?

    Anyone know how this works?

    • ANSWER:
      You'd have a ,200 short term capital gain and would pay taxes on the gain.

      Most precious metals trading is done through investment firms that report sales to the IRS. If you didn't file the trade on Schedule D and show the purchase price, the IRS would only know about the ,000 proceeds and would assume that to be your profit, not the ,200 you actually realized.

  40. QUESTION:
    Purchasing a 2009 and 2011 Sovereign Coin from the Royal Mint. Any advice/suggestions please?
    My grandfather is interested in carrying on a family tradition of purchasing a gold sovereign coin for a new baby we're expecting in July but is having a lot of trouble tracking one down. I'm keen to help him find one but have had no luck with the Royal Mint and as I am no coin expert, I am afraid to purchase one from websites such as Ebay incase I am sent a counterfeit coin. Also the coins currently for sale on Ebay seem to be selling for £400+ and I don't want to part with a large amount of money on my grandfather's behalf unless the coin is genuine. Does anyone know of any better routes I could pursue? Or would anyone be able to advise me on what warning signs I could look out for when buying coins online so as to avoid any counterfeit coins? Any help/suggestions would be greatly appreciated! Thanks in advance

    • ANSWER:
      Go to your local coin shop. I'm not sure what gold is at right now, but believe it is over 00.00 an ounce. I would not buy anything through ebay unless I was an expert.

      This person on yahoo answers is an expert. I would email him/her.

      Taiping
      Member since: August 06, 2006

      Add Contact Block View Pulse
      Email Taiping

  41. QUESTION:
    Is the new offer from the World Reserve Montary Exchange legit?
    There's an ad from the NY Metro newspaper http://metropoint.metro.lu/20070626_NewYork.pdf pg 8 & 9 saying that theres new mint condition gold dollar coins Ballistic Rolls that have never been circulated and are gonna be discontinued for sale to the public for . Thats the link for it, does it sound too good to be true?

    • ANSWER:
      Coins become valuable if they are rare. If there is an ad in the newspaper you can be assured they're selling quite a few of them, hence your "investment" would likely not pay off for a loooooong time, if ever.

      BTW, I've seen the same ad in my city...I'm halfway across the country from NY...

  42. QUESTION:
    Find the cost of gold added to the coin.?
    Collectible coins are sometimes plated with gold to enhance their beauty and value. Consider a commemorative quarter dollar advertised for sale at .98. it has a diameter of 24.1mm and a thickness of 1.78mm and it is completely covered with a layer of pure gold 0.18μm thick. The volume of the plating is equal to the thickness of the layer times the area to which it is applied. The patterns on the faces of the coin and the grooves on it's edge have a negligible effect on it's area. Assume the price of Gold is 10$ per gram. Find the cost of gold added to the coin.Does the cost of the gold significantly enhance the value of the coin? Explain your answer.

    • ANSWER:
      let's see

      Area of the faces of coin
      2Af = (2)3.1416(24.1)(24.1)/4
      2Af = 912.336348 sq.mm

      Area or the rim
      Ar = (3.1416) (24.1)(1.78)
      Ar = 134.7683568 sq.mm

      Total Area = 1047.104705 sq.mm

      Volume of plating = (0.18 /1000) * (1047.104705)
      Volume = 0.1885 cu.mm

      Unit wt of gold = 19.3 g /cu.cm X (cucm/10mm)^3
      Unit wt of gold = 0.0193 g/cu.mm

      mass = (0.1885)(0.0193)=
      mass = 0.00363 g
      cost = 0.00363 ( $ 10)
      cost = 3.63 cents
      True value of the coin = .04 with the gold plating.
      It doesnt significantly enhance the value of the coin see computation result.

  43. QUESTION:
    Did you see Ron Paul's suggestion on how to end harmful Fed impacts without abolishing the Federal Reserve?
    http://www.cnn.com/2009/OPINION/10/30/ron.paul.fed/

    "While I would like nothing more than to see the Federal Reserve abolished, it is not absolutely necessary to do so with direct legislation.
    The Fed's influence comes about because of its monopolization of the creation of money. If we could abolish the government monopoly on the creation of money, the Federal Reserve would be forced to clean up its act or go out of business. Economists know that monopolies lead to reduced output and higher prices, a suboptimal allocation of resources. This applies as well to the market for circulating currency as it does to markets for any other good.
    In the previous Congress I introduced legislation that would eliminate the three major barriers to competition in currency and break the Fed's stranglehold on money.
    The first barrier: Legal tender laws, which Congress does not have the Constitutional authority to enact. Historically, legal tender laws have been used by governments to force their citizens to accept debased and devalued currency...

    The second barrier: laws that prohibit the operation of private mints. Certain sections of U.S. code classified as anti-counterfeiting statutes were in fact intended to shut down private mints that had been operating in California. There is no reason to ban private companies from minting gold and silver coins to compete with the dollar.
    All currencies are based on trust, trust that the issuing authority will not debase the currency. If it becomes known that the issuer of a particular currency is minting underweight coins, people will stop accepting that currency and that company will go out of business. If someone else attempts to counterfeit that currency and pass those coins, there are sufficient counterfeiting laws on the books to prosecute those counterfeiters.

    Under a system of competing currencies, it would be to the advantage of stores to accept as many currencies as they could, in order to attract a wide range of customers. Stores that only accepted one currency would see their customer base shrink. The use of credit cards could simplify things just as it does today when Americans travel to Europe. They pay in euros with their credit card, and their card company bills in dollars. The market will find a solution to any problems that might arise.
    The final barrier to competing currencies: Laws that assess capital gains and sales taxes on gold and silver coins. Under federal law, coins are considered collectibles, and are liable for capital gains taxes. These taxes actually tax monetary debasement. The purchasing power of gold may remain relatively constant, but as the nominal dollar value increases because of a weak dollar, the federal government considers this an increase in wealth and assesses taxes.
    Thus, the more the dollar is debased, the more capital gains taxes must be paid on holdings of gold and other precious metals. For individuals who may wish to use gold and silver in everyday transactions, this can quickly become a complicated and costly burden.
    The long-term strength of the dollar will only be weakened by maintaining the Fed's monopoly on our monetary system. Our foreign creditors are already moving to dethrone the dollar as the world's currency.
    The prospect of American citizens also turning away from the dollar toward alternate currencies should provide an impetus to the U.S. government to regain control of the dollar and halt its downward spiral. Restoring soundness to the dollar will remove the government's ability and incentive to inflate the currency, and provide stability to the financial system. With a sound currency, everyone is better off, not just those who control the monetary system.
    There are more details, statements of reasons, and discussion of why the current system is a problem in the article at the link.

    What do you think?
    Josh, how substantive of you.
    ci, see above. Mints created coins in our history all the time and were freely traded as gold nuggets were in the gold rush, until legal tender laws. As 'comex accepted' bullion trades on the reputation of the mint, so would money.
    john a, I have a counter for each point you raised but that divide boils down to whether you trust companies more than government and I do, seeing how special interests use government to write laws for companies NOW. I think they should not be 'persons' and the govt should be too small to raid us for corporations, and should police and prosecute fraud.
    mommanuke, actually, that is a somewhat less aggressive partial solution that has been discussed - pegging the dollar to a value range for gold. I don't like it as much, but it is better than what we have.

    • ANSWER:
      I pretty much agree with all of it, but I don't think it will make a difference in the long run. I think we went over the top a long time ago and the downhill slide is going too fast to stop now.

      I think one way might be to freeze the value of the dollar as of today, allowing it to grown in value but not to drop below a certain level. Although this would cause inflation here in the short term, it would increase confidence in the dollar abroad and make it less likely that the international creditors would call in their notes.

      But monetary theory is really complicated, so I don't know whether that would work or not.

  44. QUESTION:
    what is todays value of an 1886 u.s. golld coin in fair to poor condition. also what is the true weight of its
    also what is the true net weight of this 1886 u.s. gold coin? who should i go to to sell for best price or fair sale?

    • ANSWER:
      A coin that old i would shop around to coin collectors. It should have value not just cause of the gold but because of the age

  45. QUESTION:
    Gold-plated quarters?
    I know nothing about coins... but I have some gold-plated statehood quarters minted from 1999 to 2005 all in hard plastic cases. I guess that would make them uncirculated? Are they worth anything? I have 34 of the 35 quarters minted in that time frame. I'm really not sure if they're gold-plated or solid but I imagine they would be heavier if they were pure. Is that true?
    Got them at a moving sale and paid for those and a big jar of old mercury dimes, half-dollars, quarters, and nickels.
    Help, please?
    Thanks, guys :-)

    • ANSWER:
      I doubt that the quarters are plated with real gold, probably just colorized. Since this was done outside the U.S. mint, there is no value to coin collectors. Maybe someone would buy on ebay?

      The silver coins are valuable. Silver value alone is about 23x face value at current prices.

      Value of coins is a function of rarity and condition. "A Guide Book to U.S. Coins" (nicknamed the Red Book for obvious reasons) is a great resource.

  46. QUESTION:
    How much will you spend on an Easter Egg....?
    How about £1,000?

    As Easter approaches for recession-hit Britain, one retailer is calling for shoppers to loosen their belts and tuck into a £1,000 chocolate egg.

    Department store Selfridges hopes customers will be tempted to shell out for the eggs, which contain a gold coin, on the basis they will go up in value.

    The retailer says the confectionary, which is handmade by Melt, "makes for a wise investment".

    The one troy ounce gold coin is worth almost £900, 75% higher than in 2005, and forecasters expect the value to rise even further.

    A Selfridges spokesman said: "According to the financial institution Swiss bank UBS, demand for gold will double this year compared to 2007, as investors see the precious metal as a safe haven during the current volatile economic climate."

    Ewan Venters, director of food and drink at Selfridges, said: "Don't invest in the stock market this Easter, invest in the golden egg instead.

    "It really is worth its weight in gold - even after the fantastic chocolate has been eaten."

    http://news.sky.com/skynews/Home/Business/Gold-Coin-Easter-Egg-Costing-Thousand-Pounds-On-Sale-At-Selfridges-Despite-Recession/Article/200904115256356?lpos=Business_First_Strange_News__Article_Teaser_Region__4&lid=ARTICLE_15256356_Gold_Coin_Easter_Egg_Costing_Thousand_Pounds_On_Sale_At_Selfridges_Despite_Recession

    So the coin costs just under £900. Thats chocolate costing over £100 then.

    Hope it tastes nice?

    • ANSWER:
      If my Wife saw your post I would have to be in the Supermarket in five minutes flat!

      Do you know how much the First Editions of the Scottish Comics "Beano" and "Dandy" sell for?

      "A copy of this first issue (Beano) sold for £12,100 on 16 March 2004, which was at the time thought to be the highest price ever paid for a British comic at an auction. The current highest price is £20,350 which was paid for the first issue of The Dandy on 7 September 2004".

      Investment wise, this Egg may be a Goer.

  47. QUESTION:
    Dilemma of the heart?
    I like to go to estate sales every so ofter and look for treasures and what not. About a year ago I bought a necklace with a gold coin in it. I was expecting it to be fake as I never knew that type of jewelery was made and the lady only wanted 5 bucks for it. Turns out it was 100% real, I sold the necklace and kept the coin. (No saudering marks at all, it was in a bezel) Gold is pretty high right now and I am considering selling it before gold drops too much. I got offered 360 for my 1881 5 dollar gold piece. My dilemma is that this is an awesome story, it was my first real find at an estate sale. Should I sell it when gold is really high and I could get top dollar for it or should I keep it and pass it down?

    • ANSWER:
      Gold is on a run right now, and there are good arguments to both sides of the story -- it will continue to go up / it will go down.

      I don't know which way it will go and neither does anyone else.

      I've posted a link showing values on one site for the 1881 gold coin. Take a look at it, do some research on mint marks, condition, etc., and then decide if you want the money in the hand, or the story and the coin.

      I'd probably keep the coin, have it remounted and have a nice story to tell. If you sell the coin, the money will soon be gone and you'll not have the evidence for the story.

  48. QUESTION:
    i won 10k? from dodge?
    ok its dodge's 70th anniversary and like a local dealer or something is having really good Business and dodge authorized like a sale or something so i get a letter in the mail saying that cars are employee prices for a while and there is a scratch box in the corner saying scratch so if you won and the numbers matched and i get a choice of a 2011 dodge caliber a 3day vacation 10k cash or 5 gold coins. what i am asking is is this legit like is this really im kinda REALLY excited but i don't want to get my hopes up too high so yeah. im going to call tomorrow and see if its real but i want to hear another persons opinion first. please help

    • ANSWER:
      I would be really suspicious of anything like this from a car dealer. Be prepared for any of the following:

      - "Fine print" that says you only "win" if you trade in your current car
      - Some other kind of catch that requires that you somehow pay for what you "won"
      - Having to actually enter another contest to really get a chance to win
      - High pressure sales tactics to try to convince you to buy a car even though you didn't win anything

      If you are the kind of person who can be easily talked into buying stuff you don't need, then stay away, or bring a friend with you who can keep a level head.

      Finally, no matter what, if it comes to the point where for some reason you are about to buy a car from them, tell them you need a day to think it over. DO NOT sign anything! Of course they'll tell you that the price is only good for today, or that someone else will buy the car, etc. Ignore that B.S. and get out.

  49. QUESTION:
    RE;I have a maths question to every one who is good with maths.?
    Hey guys sorry if u didn`t understand the question first of all english is not my language, its my second language as u can understand from my writting,now we get back to question and made it easier for you.
    We 3 brothers decide to buy cd player ,we put in each so 3 times is we bought the cd player for ok & the shop manager told the sales assistant they r on special this week its so he gave him in gold coins ,( yes we do have them here in Australia,in & gold coins ) on the way to give the change back to customers, sales assistant thought how am I going to divide to 3 person equally, so he dicided to give each one coin & kept himself ok now How much each person put in to buy the cd player? isnt it,sales assistant gave it back each take away from whats left times 3 = dollars and the sales assistant kept himself += so the question is where is the to make ? Now do u understand the question?

    • ANSWER:
      its in the money duh
      u added wrong we had this at school u add wrong to confuse the person

  50. QUESTION:
    I'm going to try to ask this as politely as possible...?
    This is primarily for Christians, and among Christians will probably apply most directly to the evangelical sect.

    Why would you wish someone you KNOW is Jewish a "Merry Christmas" instead of a "Happy Hannukah?" The receptionist at my work is a "hard core" Christian of some sort. I don't know if she's Baptist, born again, or what exactly, but whatever, she really is a very nice person, and has been here for at least 15 years.

    We're sending a thank you card to one of our sales reps who sent us all chocolates for the holidays. Our sales rep is Jewish. Which everyone in the company knows, because he's been with us for a long time. He even sent us the chocolate gold coins that appear for Hannukah. So why, WHY, would she write "Merry Christmas!" when she signed her name?! WHY couldn't she write "Happy Hannukah?" I understand the sentiment, but is it so hard to acknowledge that a coworker doesn't share your beliefs? Really, is that so unthinkable? Please help me understand.
    Alan S, she talks about Jesus and her church all the time, which I personally think is highly inappropriate for the work place, but it hasn't yet turned into prosthelytizing. Believe me, to her Christmas is a religious holiday, not a commercial, secular holiday.
    Cathy, we received the Hannukah chocolates years ago. This year he sent Godiva. Last year he sent tea. The year before that he sent Harry & David jam. The year before that he sent gourmet popcorn.

    • ANSWER:
      Either ignorance,unfortunate mistake or down right stubbornness.


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