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I personally have mixed emotions about prooflike gold coins. Due to the fact that gold is a soft metal, the surfaces tend to easily pick up marks, nicks and scratches and these tend to be strongly amplified by deep, reflective fields. Unless a Prooflike gold coin is a Gem, it tends to have a scruffy appearance and may have compromised eye appeal as a result.
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Whether you are buying or selling coins, you can increase your advantage when dealing with coin dealers by understanding how things work behind the scenes. One of the biggest problems I see, as an observer of the coin collecting marketplace, is the wide gulf between what the average consumer expects from a coin dealer, and what the average coin dealer believes he should provide to the consumer. The majority of these differences boil down to trust. The average consumer thinks he can trust the coin dealer to give him an honest appraisal and pay a fair price for the coins he is selling. The average dealer feels it is right to pay the lowest price he can for the coins, to maximize his profit, and that it is up to the consumer to do his homework.
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Gold coins were one of the oldest forms of money. This was later followed by silver coins. Gold coins were in circulation in the United States from 1838 to 1933. The design was the Liberty Head bust but this was only made until 1907. The design was then changed to the Indian Head and Saint Gaudens motifs and was used until 1933 when the Great Depression began. This prompted the recall of gold coins which makes them very difficult to find today.
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liberty silver dollars Stories

Unusual Items: First Bicentennial Ike Dollar “Waffle” Coin Found

Mon, 17 Nov 2008 14:35:05 +0000
The first known 1976 Bicentennial design Eisenhower dollar “waffle coin” has been reported by Brian Hendelson, President of Waffle Coin Co. of Bridgewater, New Jersey. It was discovered during the continuing examination of Mint-canceled coins obtained by Classic Coin in 2003, each with the distinctive corrugated, waffle-like pattern left by the Mint’s cancellation process,
“It ...]

Murali, the MaestroThe Island (subscription), Sri Lanka - 3 hours agoTime and again I have read this jewel of a sentence in our dailies, "Be humble in victory, but determined in defeat." Perhaps this adage would have st

Sun, 27 Jan 2008 23:22:48 +0100
Sydney Morning Herald, Australia -The crown jewel in the Bolnisi acquisition was the Palmarejo silver and gold project, one of the highest-quality primary silver projects in the world. ...

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4. Who was the first Director of the U.S. Mint?

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