The decision of man to begin using currency for trading and collecting was based on gold and silver’s greatest weakness: their weight. For thousands of years, precious metals remained supreme and were the medium of exchange in multiple civilizations, and the idea of using currency notes was unheard of. There were a number of reasons why early civilizations didn’t use paper, the most important of which is that it was fragile, difficult to mass produce, and susceptible to fraud. There were a number of historical developments that changed this.
Mercier was first established in 1830 by brothers Celestin and Louis Baume in the Swiss village of Les Bois, and like many watchmakers of the time, they initially focused on pocket watches. However, the company evolved rapidly and built a reputation for designing sophisticated models which utilize a variety of innovations. While most watchmakers focused exclusively on male clientele, Louis Baume recognized the importance of women’s watches and in 1869 gave his daughter a pocket watch made from gold.
Malachite is a stone which displays a crystallized appearance with a green color. It has been mined for more than three thousand years and in ancient times would be smelted so that copper could be obtained. It has also been used in the form of a gem or ornamental stone. It was popular among groups such as the Egyptians, Hebrews and Ancient Britons.
Over the last fifteen years, gold and silver ETFs have become quite popular, largely because of convenience. Electronic traded funds are handled digitally, which means investors don’t have to worry about the weight, storage, or security concerns which are associated with holding physical metals. However, ETFs aren’t all as they’re cracked up to be, and below are some reasons why holding physical gold and silver can be a better choice.
The Hamilton Watch Company was established in 1892, in Lancaster, Pennsylvania. Although it originates in the United States, the brand today is sold under the Swatch Group which is a Swiss-owned company located in Bienne. When the company was first formed, it became notable for its luxury wristwatches and pocket watches, but ceased American manufacturing by the 1960s. Today, it has become a conglomerate which is highly diversified.
The $50 gold certificate from 1922 looks very similar to the 1906 edition. 1922 is an important year for currency collectors as it marks the final issue of bigger gold certificates, and is also the last year in which George Washington appeared on the twenty dollar versions. If you happen to have a 1922 $50 Gold Certificate note which features a star symbol, you should consider yourself lucky as this can increase the value of the bill threefold.