All Posts in Coins & Currency
The 1934 $5 Yellow Seal North Africa Silver Certificate is a very interesting note, and is perfect for those who are just getting started in currency collecting. Like other American bills, it has a rich and distinct history and was issued for a specific purpose.
The U.S. government has made some recent changes to the $100 bill, which is designed to enhance its security. This piece of currency is one of the most recognized and traded worldwide, and according to experts the Federal Reserve has been working on the security upgrade since 2003. The new bills were originally scheduled for release in 2011, but due to problems with creases their circulation was delayed.
Before shopping for gold coins, whether in a physical store or online, it is essential to understand the premiums. These premiums are the reason why 2 bullion gold coins that have the same amount of silver or gold within them are priced differently. When you buy from most dealers, the price you pay will be higher than the spot price, regardless of whether you’re getting gold, silver, palladium or platinum.
The 1891 Tombstone note was issued in the United States between 1891 and 1907. It is a silver certificate which means that at the time of issuance it could be redeemed for a specific amount of silver. It is one of the most impressive bills to be released during America’s Silver Standard and is sought after by collectors today, especially the $10 1886 variants.
The United States Treasury is responsible for issuing federal reserve notes, but must receive permission from the member banks of the Federal Reserve. This system started during the 1930s when a law was signed by the president that transformed U.S. bills into fiat currency.
It is essential for those getting started with currency collecting to understand IBNS grading standards. Even a minor grading difference can have a tremendous impact in regards to value. The following grades have been standardized and are accepted by most coin/currency collectors in the West: Uncirculated, About Uncirculated, Extremely Fine, Very Fine, Fine, Very Good, Good, Fair and Poor.
