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Precious Metals History

US GOLD & SILVER COINS US GOLD & SILVER COINS

Trade Seated Liberty SIlver Dollar
Morgan Liberty Head Silver Dollar
Peace Liberty Head Silver Dollar
Indian Head Gold Half Eagle
$10 Gold Eagle Coronet Head Liberty w/ Motto
$10 Gold Eagle Coronet Head Liberty Without Motto
$10 Gold Eagle Indian Head Liberty
$20 Gold Double Eagle Saint-Gaudens Liberty
The London Fix for Gold


Numismatic Links

American Numismatic Association

American Numismatic Society

Coin Connoisseur Magazine

Professional Coin Grading Service

The U.S. Mint

 


Numismatic Glossary

Assay
To test a metal for purity.

Bid / Ask
Bid or Buy is the price a dealer will pay for gold bullion coins. Ask or sell is the selling price offered by a dealer. (See Spread.)

Bullion
Uncoined precious metals usually in the form of bars, wafers or ingots.

Bullion Coin
A legal tender coin whose market price depends on its gold content, rather than its rarity or face value.

Cash Price
Price required for immediate settlement since most gold purchases are cash transactions. Also known as "spot price."

Certified
Authenticated and graded by any of the independent, third-party grading services.

 Circulated
A coin that is worn through use.

 Clad
Coins made of layers of metal. Examples include modern U.S. Dimes, Quarters, Half Dollars, and Dollars that have centers of copper and outer layers of a copper-nickel alloy.

 Commemorative
A coin struck specifically to honor a place, event or person. Commemorative coins are usually sold at a premium and are not meant to circulate.

 Die
The steel cylinder with a design on it to strike one side of a coin.

 Encapsulated
A coin that is placed in a sealed plastic holder by any of the independent, third-party grading services.

 Error
A coin that results from a mistake in the coining process.

Face Value
The nominal value given to legal tender coin or currency (i.e., a 1-oz gold American Eagle has a face value of $50).

Four Nines
Gold with a fineness of .9999 (the purest gold available).

First Strike
The first coin, or one of the earliest coins, stuck from a pair of dies. These are usually Proof-like, well-struck and nearly perfect.

 Full Strike
A coin that has complete details thanks to a crisp, bold stamp from the dies.

 Intrinsic Value
The metal or bullion value of a coin, regardless of the face value of the coin.

 Karat
Unit of fineness, scaled from one to 24. 24-karat gold (or pure gold) has at least 999 parts pure gold per thousand; 18-karat has 750, etc.

Legal Tender
The coin or currency which the monetary authority of a country declares to be universally acceptable therein as a medium of exchange; acceptable in the discharge of debts.

Liquidity
The quality of being readily convertible into cash.

London Fix
Twice-daily bidding session in London of the five major gold traders, at which the price is fixed or set. The London Fix is the basis for many gold contracts worldwide. read history of the U.K. fix

Numismatic
Coins which are valued for their rarity, condition and beauty beyond the value of their gold content. Generally, premiums for numismatic coins are higher than for bullion coins.

Obverse
The front of a coin, usually the side with the date or head.

Premium
In gold coinage, the amount by which the market value of a gold coin exceeds the actual spot value of its gold content. Part of the premium is recovered by the seller at resale.
Proof
A special process for producing coins of exceptional quality and brilliance. Proof coins exhibit a full strike, mirrored surfaces, and surfaces.

 Proof Set
The specially packaged set of Proof coins produced and sold by the U.S. Mint each year.

 Restrike
A coin from genuine dies, struck later than the year indicated on the coin, usually to satisfy collectors.

 Reverse
The back of a coin, usually the side without a date or a head.

 Series
The complete listing of all the dates and mints that were struck for a particular denomination or design type.

 Set
A complete collection of all the dates and mints type that were struck for a particular denomination or design.

Spread
Represents the difference between Bid and Ask prices.

Troy Ounce
A unit of weight, equal to about 1.1 avoirdupois (ordinary) ounces. The word ounce when applied to gold, always refers to troy ounces.

 

Recommended Reading:

· Collectible American Coins  

· Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins  

· Standard Catalog of World Coins  

· Coins Questions and Answers  

· Coin Collecting for Dummies  

· Coin Collecting for Kids  

· How to Make Money in Coins Right Now  

· New York Times Guide to Coin Collecting  

· One-Minute Coin Expert  

· Official Price Guide to Mint Errors  

· Coin Collecting for Beginners  

· Ancient Coin Collecting  

· Encyclopedia of Morgan and Peace Dollars  

· 100 Greatest United States Coins  

· Standard Catalog of United States Paper Money  

· Official A.N.A. Grading Standards for United States Coins  

Standard Guide to Small Size Paper Money 1928 - Date  · 2005 American Eagle Silver Proof Coins for Collectors

American Eagle Silver Proof Coins are collector versions of the official United States bullion coins and are only available in the one ounce size. American Eagle Silver Proof Coins are minted at the United States Mint at West Point bearing the "W" mint mark. American Eagle Silver Proof Coins for 2005 can be purchased directly from the United States Mint until the next year's American Eagle Silver Proof Coins are released or until they are sold out, whichever comes first.

Coin Design
The American Eagle Silver Coin's obverse design is Adolph A. Weinman's full-length figure of Liberty in full stride, enveloped in folds of the flag, with her right hand extended and branches of laurel and oak in her left. The reverse design, by United States Mint sculptor/engraver John Mercanti, features the heraldic eagle.

 
Terms of Use Agreement  
NEWS ALERT!

We are not an escrow company for third party sales. 

BEWARE of Internet auctions (usually for "bigger ticket items" such as autos, boats, tractors, & electronics) that claim Image Financial Gold Club. as their ESCROW AGENT.

If a "deal" sounds too good to be true, it probably is. As with any purchase, consumers must be cautious and prudent before transferring funds for any minor, or major, purchase over the Internet. While Internet retailers often offer lower prices than conventional sources, shoppers should be extremely wary of unreasonably exceptional "bargains" or unusually attractive promises. 

PROTECT YOURSELF FROM FRAUDULENT THIRD PARTY TRANSACTIONS. You are responsible for using common sense and good judgment to protect yourself from third-party fraudulent transactions. It is impossible for honest companies (like Image Financial Gold Club.) to control and stop the many websites that spring up all over the Internet published by sophisticated criminals wishing to steal your money with fraudulent deals offering fake goods or services.

If in doubt, and for your own protection, PLEASE pick up the phone and CALL US prior to sending funds for deposit.  contact us

We are not responsible or liable for disputes between third parties.  Please see the terms of agreement on this page for further details.

RELEASE

In the event that you have a dispute with one or more users, you release Image Financial Gold Club. (IFGC) and our officers, directors, agents, subsidiaries, joint ventures and employees from claims, demands and damages (actual and consequential) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. If you are a California resident, you waive California Civil Code §1542, which says: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

LEGAL COMPLIANCE

You shall comply with all applicable domestic and international laws, statutes, ordinances and regulations regarding your use of our services and website.

E-CURRENCY EXCHANGES

Image Financial Gold Club Sales provides a service to allow electronic purchases of Bullion (precious metals) for funding your e-currency account. We are not a division, or subsidiary, of E-Gold™, Omni-Pay™, Gold & Silver Reserve™ (G&SR), GoldMoney™, or E-Bullion Company™. These exchange services may vary from time to time.

Image Financial Gold Club does not sponsor, recommend, endorse, or promote services, individuals, or programs provided (or administered) through the use of e-currencies (e-metal) accounts. 

Image Financial Gold Club will not be held responsible or liable, for any misuse, or abuse of any e-currency system.  When you enter into a Trade Order with IFGC you are simply entering a request for a purchase of Bullion, and for IFGC to fund your e-currency account with your bullion purchase electronically.

ALL SALES ARE FINAL. Once your trade order has been completed and your account is funded with bullion there are NO returns, refunds or exchanges. ALL completed trade orders are irrevocable & nonrefundable.

INDEMNIFICATION

You hereby agree to indemnify and hold harmless Image Financial Gold Club. (and its directors, officers, employees, control persons, vendors, licensors and agents); and any Internet Service Provider and Information Provider; from and against any and all claims, losses, liabilities, damages, costs and expenses (including reasonable attorney's fees and costs) arising out of, or related to, your breach of your agreements, representations and warranties contained in this Agreement, or the use of the Site, the Services, the System and the Information by you and by other persons to whom you have provided your User Codes pursuant to the provisions set forth in this Agreement. This indemnification shall be binding upon you and your executors, successors, administrators, heirs and permitted assigns.

DISCLAIMER OF WARRANTY

Your use of this website and our services are at your sole risk. The services and content of this site are provided "as is" and without warranties of any kind, either expressed or implied to the fullest extent permissible pursuant to applicable law. Image Financial Gold Club. and IFGClub.com disclaim all warranties, either expressed or implied, including, but not limited to implied warranties of merchantability and fitness for a particular purpose. In addition, IFGCLUB.COM. and IFGClub.com do not warrant or represent that the information contained in this site is accurate, complete, correctly sequenced, reliable or timely; or that the site and its services will be uninterrupted or free of errors and/or viruses.

LIMITATION OF LIABILITY

Under no circumstances, including but not limited to, breach of contract, tort, or negligence, will Image Financial Gold Club. be liable for any direct, indirect, incidental, special, punitive, exemplary or consequential damages, including, but not limited to, lost profits, goodwill, data, use, or other tangible or intangible losses (even if Image Financial Gold Club. & IFGClub.com have been advised of the possibility of such damages) that arise out of, or in connection with, any errors, unauthorized access to, or alteration of, your transmissions, statements, or conduct of any third party on the service or site; data inaccurracies, omissions, defects, untimeliness or unauthenticity of any content of this site or any content therein; and any other matter relating to our services.