General Coin Information Minted by the Australian Perth Mint, the Kookaburra is the only major silver bullion coin to change its design yearly. The altering of its form and pattern every year is intended to help compete with other mints worldwide by attracting collectors as well as investors. These coins have a superior quality finish which [...]
August 7, 2010
FIAT MONEY
The term fiat money is used to mean: any money declared by a government to be legal tender. state-issued money which is neither legally convertible to any other thing, nor fixed in value in terms of any objective standard. money without intrinsic value. Fiat money refers to money that is not backed by reserves of [...]
July 31, 2010
Thaler to Dollar
The Thaler was a silver coin used throughout Europe for almost four hundred years. Its name lives on in various currencies as the dollar and tolar. The dollar (often represented by the dollar sign: “$”) is the name of the official currency in several economies, including the United States, Australia, New Zealand, Canada, the Eastern Caribbean territories, [...]
July 25, 2010
SILVER RATIOS
THE GOLD-SILVER RATIO It makes sense to compare both metals with each other because gold is kind of silvers’ big brother and silver is not called “Poor Man’s Gold” for nothing. The old Egyptians calculated a gold/silver ratio of 13, a few thousand years ago. This ratio, in which you had to spend 13 silver [...]
July 17, 2010
Australian Silver Koala
This Australian Investment Coin has been issued by the Perth Mint since 2007. The reverse shows the motive of a Koala bear, which is changed on a yearly basis. The other side of the coin depicts a portrait of Queen Elizabeth II, as is common practice with coins of the Commonwealth. The Perth Mint has been minting the koala coin in [...]
July 10, 2010
Austrian Silver Philharmonic
Euro gold and silver commemorative coins are special euro coins minted and issued by member states of the Eurozone. They are minted mainly in gold and silver, although other precious metals are also used on rare occasions. Austria was one of the first twelve countries in the Eurozone to introduce the euro (€), on 1 January [...]
July 3, 2010
Chinese Silver Panda
The Chinese Silver Panda is a series of silver bullion coins issued by the People’s Republic of China. The design of the panda is changed every year, and these are minted in different sizes and denominations, ranging from 0.5 troy oz. to 1 kilogram. There is also a Gold Panda series issued featuring the same [...]
June 26, 2010
Mexican Silver Libertads
Silver Libertad coins are Mexican silver bullion coins. Mexico is known for producing some of the largest silver coins in the world, which is highlighted by the Libertad. The coins are struck in pure 99.9% fine silver and are available in a variety of sizes, although they were initially launched in just 1 oz. That changed [...]
June 19, 2010
Canadian Silver Maples
The Canadian Silver Maple Leaf is a silver bullion coin issued annually by the government of Canada. The coin has been minted by the Royal Canadian Mint (RMC) since 1988. The face value of the 1 oz coin is 5 Canadian dollars, the highest among international silver bullion coins. The current market value of the coin [...]
June 13, 2010
Peace Dollar
The Peace Dollar is a silver United States dollar coin minted from 1921 to 1928, then again in 1934 and 1935. Early proposals for the coin called for a commemorative issue to coincide with the end of World War I, but the Peace Dollar was issued as a circulating coin. Designed by Anthony de Francisci, [...]
August 14, 2010
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