The Gold n Pawn

Commemorative Coins

The main purchasers of gold today are investors; while it is true that gold is much in demand to make jewelry this is secondary as high prices and poor economic conditions are deterring consumers from splurging on high-priced jewelry. The question is why are investors buying gold so heavily and especially at a time when investments elsewhere such as real estate and stocks are taking such a beating?

The answer is wrapped up in our financial system and the global economy actually works , so this article will seek to explain in laymen’s terms a very complex financial structure which has underpinned economies worldwide for the entirety of modern society’s existence.

Gold was sought after in early times because of its beauty and rarity; when coins were first minted, the value of a coin was the value of the gold it contained. For instance, the pirate phrase, “Pieces of Eight”, comes from the Spanish gold coins which pirates were in the habit of “acquiring”. As any self-respecting pirate would engage in drinking a bottle of rum or two after time at sea, the value of the Spanish gold coin was far in excess of the average pirate’s bar tab – they would break the coin into eight pieces and use this small change to settle their tab.

As economies developed and paper money was issued, the value of a monetary note or bill was backed by an equivalent amount of gold bullion. The dollar bill in your hand was backed by a dollar’s worth of gold held at Fort Knox or elsewhere, and this backed the currency. This was known as the Gold Standard and was established shortly before the end of the Second World War in the Bretton Woods Agreement.

As times moved forward, the amount of gold that was required to back the currency dwindled so less and less gold was stored to back all the paper currency in circulation. When a recession occurred, savvy investors would move their investments from stocks and cash deposits into gold investments because gold was and is viewed as a safe haven for the value they have accumulated. This practice continues to this day especially as the value of paper currency has been completely decoupled from gold reserves so in effect there is nothing except the promise of the US Government to back the value of the paper bills the Treasury Department issues.

Whenever economic times grow hard, more investors fly to gold as an investment which in turn drives the price of gold up. A couple of years ago, you could buy gold for around $330 an ounce but today, at the height of the recession in 2009, you will not find gold for less than $900 an ounce (and for a brief time it was over $1,000 an ounce).

This is why selling your old gold, especially in the form of old jewelry, is such a good move – you are raising cash for your tightened budgets and getting absolutely top dollar for the gold you have. It is a seller’s market but there is a sting in the tail – as soon as the recovery makes its presence felt, investors will dump the gold they have bought onto the market. Supply will outweigh demand and the price of gold will drop dramatically and very fast. This is why pundits are recommending that for the owner of small amounts of gold, now is the very best time to sell it as you are not likely to get a better price in the future unless the economy takes another nose dive.

Lawrence Reaves writes for the best online resource to sell gold or sell platinum can be found at Refinity dot com

Bald Eagle Commemorative Coins (AEF)

WINTER OLYMPIC MEDALS GOLD COINS 1924-1980 PROOF SET AN OFFICIAL COMMEMORATIVE $13,000.00

ROC Commemorative Gold Coins Commemorate Badge 1921 Xu ShiChang FREE ship #089 $10,511.66

1987 Portugal Golden Era of Portuguese Discovery Gold Commemorative 4-coin Set $6,149.00

Rare Nazi WW2 Commemorative Porcelain Coin collection Germany 20 coins Excellent $6,000.00

1904 Lewis and Clark Gold $1, PCGS Genuine, Spots Removed, Commemorative Coin $5,995.00

1994 D WORLD CUP MS 70 PL( VERY RARE POP 5) COMMEMORATIVE US SILVER COIN LOT706 $5,000.00

1991 gold panda bi-metallic 2 coin HK commemorative set $4,500.00

Lot of 9 $5 Gold Commemorative Coins NGC PF69 Ultra Cameo 1987-2007, Olympics $4,365.25

The Commemorative Silver Coin of Chinese Panda 2005 – 1 Kilo – Only 4,000 Minted $4,200.00

General Lafayette 1987 Commemorative Proof Coin Set PlatinumGoldPalladiumSilver $4,150.00

National Commemorative Society Series 1 and 2 sets of 100 Sterling Silver Coins $4,000.00

1926 Sesquicentennial Gold $2.50, PCGS MS-65, Gem Commemorative Coin $3,895.00

2000-W $10 LIBRARY OF CONGRESS PCGS MS 70 GOLD & PLATINUM COMMEMORATIVE COIN $3,799.00

1995-96 US Olympic Atlanta Commemorative Gold/Silver 32 Coin Boxed Set #2 $3,650.00

1936-S BAY BRIDGE COMMEMORATIVE HALF – COIN NUMBER 75 $3,500.00

FIVE (5) 2011 Army $5 Gold Uncirculated Commemorative Coin SEALED “Low Mintage” $3,459.99

1922 Grant Gold $1, PCGS MS-65 w/ Star, Commemorative Coin $3,250.00

2001-W Capitol $5 Gold, NGC MS-69, Gem Commemorative Coin $2,995.00

1926 SESQUICENTENNIAL COMMEMORATIVE GOLD $2.50, PCGS MS65 COIN $2,825.00

Rare Finger Sarira of Sakyamuni (Buddha) Commemorative Gold Coin (2003) $2,800.00

COLLECTION of commemorative silver coins XX OLYMPIC WINTER GAMES TORINO 2006 $2,600.00

2000 RUSSIA RUSSIAN 100 ROUBLE GOLD COIN LEOPARD COMMEMORATIVE ISSUE Unc $2,499.00

27 US MINT COMMEMORATIVE HALF DOLLAR 50 CENT COIN LOT VF to UNC $2,379.99

1984 Helen Hayes 1 Oz Gold Medal, American Arts Commemorative, *Key Coin* $2,275.00

Old Silver Commemorative Half Dollar Collection Lot of 213 Coins $2,155.00

(20) 2010 P $1 PCGS MS70 Boy Scouts of America 100th Commemorative Silver Coins $2,000.00

1922 Grant Gold $1, PCGS Genuine No Star, Commemorative Coin $1,995.00

1991-2012 (11 COIN MILITARY SET) MS 70 COMMEMORATIVE US SILVER DOLLAR 1017 $1,985.00

ISRAEL 2010 JONAH IN THE WHALE GOLD PROOF BIBLICAL ART COMMEMORATIVE COIN $1,889.00

ISRAEL COIN 2011 BIBLICAL ART ELIJAH IN THE WHIRLWIND 22K GOLD COMMEMORATIVE $1,889.00

5000 — COMMEMORATIVE FAO COINS 10 LEI -1995 UNC !!! KM#117.1 $1,800.00

1921 2X2 Alabama Commemorative Silver Half Dollar, NGC MS-64, Toned *GEM* Coin $1,750.00

1935, SPANISH TRAIL COMMEMORATIVE COIN – PCGS GRADED MS65 – VERY NICE RARE COIN $1,695.00

1997 JACKIE ROBINSON SET MS 70 PR 70 (2 COINS) COMMEMORATIVE US SILVER COIN 390 $1,695.00

1903 McKinley Gold $1, PCGS MS-64, LA Purchase, Commemorative Coin $1,650.00

David Ben Gurion Gold Silver Commemorative Coin Set 1974 500 Lirot 3 Coins $1,630.00

David Ben Gurion Gold Silver Commemorative Coin Set $1,630.00

EXPO 2012 YEOSU KOREA 5 COMMEMORATIVE COIN SET $1,599.99

APOLLO 11 COMMEMORATIVE 22KT GOLD COIN $1,575.00

Lot of 10 $20 Dollars Canadian Silver Coins 2010 2011 Crystal Commemorative RCM $1,511.94

500 Lirot 1974 ISRAEL GOLD PROOF Ben Gurion rare world commemorative coin $1,529.00

1958-1973 ISRAEL PROOF COINS COPPER-NICKEL AND SILVER COMMEMORATIVE SET ID#S216 $1,500.00

2008 Bald Eagle Commemorative GOLD Coin $1,500.00

Constantine I the Great People of Rome Commemorative Ancient Roman Coin 330AD $1,500.00

1905 Lewis and Clark GEM UNCIRCULATED Gold $1 Commemorative MS Coin $1,499.99

1935 Spanish Trail Commemorative Half PCGS MS64 – Great Coin & Rattler!! $1,499.00

1997 W Jackie Robinson $5 Gold Commemorative Coin NGC PR70 PF70 Ultra Cameo $1,499.00

1997-W Franklin Roosevelt $5 Uncirulated Commemorative Gold Coin $1,495.00

1967 Canada Commemorative Centennial Silver Proof Set With $20 Gold Coin B5926L $1,447.00

RARE NGC MS67 1936 Rhode Island Commemorative Silver Half Dollar US Coin $1,439.99

1938-D Boone Commemorative Half Dollar PCGS MS67 – Impressive Coin $1,419.00

1900 US $1 ONE LAFAYETTE COMMEMORATIVE SILVER COIN NGC $1,399.99

1915-S PANAMA PACIFIC COMMEMORATIVE GOLD DOLLAR $1, NGC MS65, PAN-PAC COIN $1,360.00

1997 FDR FRANKLIN ROOSEVELT COMMEMORATIVE $5 GOLD 2COIN SET PROOF & UNC BOX &COA $1,350.00

World Cup USA 1994 commemorative 6-coins set Gold,Silver,Clad $1,350.00

1986 US COMMEMORATIVE 6 COIN GOLD & SILVER LIBERTY SET $1,349.99

2010 Shanghai China World Expo 3 coin Gold & Silver Proof Commemorative Set +COA $1,329.00

1903 $1 McKINLEY COLD COMMEMORATIVE COIN PCGS MS64 $1,320.00

2007 Proof Gold £2 Commemorative Coin – Act of Union $1,304.08

RARE NGC MS67 1946 Booker T Washington Commemorative Silver Half Dollar US Coin $1,299.99

FULL 19-COIN SET 2000s SILVER COMMEMORATIVE DOLLAR SET $1,299.00

1980 CHINA SUMMER & WINTER OLYMPIC COMMEMORATIVE SETS (8) COINS NGC CERTIFIED $1,295.00

1996 (4) Coin Set Smithsonian 150TH Anniversary Commemorative Coins $1,295.00

2003 W FIRST FLIGHT $10 GOLD US COMMEMORATIVE GOLD COIN PR 69 LOT 848 $1,285.00

2007 Proof Gold £2 Commemorative Coin – Act of Union $1,275.00

1989 Congressional 6 Coin Commemorative Set Gold Silver $1,269.35

Commemorative 1975 ISRAEL 500 LIROT PROOF orig. mint box 18 grams .900 gold coin $1,269.00

2007 J-10 flighter commemorative coins-1/3oz Au,1oz Ag $1,250.00

41 FOR FREEDOM COMMEMORATIVE SUBMARINE NAVY 1.75″ MINT CHALLENGE COIN SET $1,234.99

1995 Olympic Commemorative 4 Coin Uncirculated Set $1,199.00

1900 Lafayette Commemorative Dollar CHOICE SCARCE KEY DATE beautiful coin obo + $1,195.00

1983-1984 Olympic 3 Coin Commemorative Proof Set, w/ Gold & Silver $1,195.00

1995 D P OLYMPIC CYCLING (2 COINS) PR/MS 70 COMMEMORATIVE US SILVER LOT 797 $1,195.00

1984 P OLYMPIC DOLLAR MS 70 (LOW POP 32)COMMEMORATIVE US SILVER COIN LT 832 $1,195.00

1988 D OLYMPICS DOLLAR MS 70 COMMEMORATIVE US SILVER COIN LT 942 $1,178.00

1988 D OLYMPICS DOLLAR MS 70 COMMEMORATIVE US SILVER COIN LT 836 $1,175.00

1988 D OLYMPICS DOLLAR MS 70 COMMEMORATIVE US SILVER COIN (LOW POP 23) LT 837 $1,175.00

1916 McKinley Commemorative Dollar–NGC-MS-64–Choice Coin! $1,159.00

1984-W Olympic $10 PROOF Commemorative Gold Coin $1,153.85

1984-P Olympic $10 PROOF Commemorative Gold Coin $1,153.85

1984-D Olympic $10 PROOF Commemorative Gold Coin, Only Denver Proof Coin $1,153.85

1984-W Olympic $10 UNC Commemorative Gold Coin $1,153.85

1903 Mckinley Commemorative $1.00 Gold Coin $1,150.00

1984-S Olympic $10 PROOF Commemorative Gold Coin $1,125.00

16 ALL SILVER ISRAELI COMMEMORATIVE COINS – COLLECTIBLE – MINT PROOFS $1,099.00

A touch piece; obverse Photo Mugs Commemorative medalet. A touch piece. Obverse Ship in full sail (left). Reverse St Michael and the Dragon. One of the small medals given to a person whom the king touched for scrofula…..

Commemorative coin; obverse Photo Mugs Obverse Half-length figure of King James I crowned and robed (right), a sceptre in right hand, a sword in left. Reverse Arms of Great Britain and Ireland crowned. On either side of Royal Arms I R …..

Commemorative counter bearing the legend HIC MERCES HIC LABOR; obverse Photo Mugs Commemorative counter bearing the legend HIC MERCES HIC LABOR. Obverse Starboard-quarter view of the Argo in the clouds, stars about her, the Golden Fleece above, the sea below. Reverse Stern view of the Argo under sail, the Golden Fleece hanging from a tree (left), the dragon guarding it below…..

Fantasia (Deluxe Collector’s Edition) $22.50 …

U S Silver Commemorative Coins $29.95 …

Eagle Scout Coin Knife $35.00 Eagle Scout Coin Knife Eagle Scout is the highest rank in Scouting. To earn this designation, a Boy Scout must demonstrate excellence in leadership, service, and outdoor skills, and must have earned a minimum of 21 merit badges. In addition, candidates for Eagle Scout must plan, develop, and give leadership to others in a service project that benefits any school, community organization, or religio…

9/11 Never Forget Commemorative Coin $12.00 This collector’s coin is perfect for any proud American. Carry this coin as a constant reminder. This solid metal coin features full color artwork with an American flag and New York City skyline and phrase, ” Never Forget” on one side, while the reverse side features individual, full color 3D reliefs of the crest of each branch of the U.S. military. 1 5/8″ diameter….

Frost Cutlery & Knives SETPRES08 Commemorative Coin Series – Presidential Gold Dollar Set $38.27 Frost Cutlery & Knives – Commemorative Coin Series – Presidential Gold Dollar Set. Model: FSETPRES08. Honors four presidents: James Monroe, John Quincy Adams, Andrew Jackson and Martin Van Buren. Set includes 4 1/8″ closed trapper with 440 stainless clip and spey blades. Blades feature commemorative etching. Blue smooth bone handles with fluted nickel silver bolsters and commemorative inlay shield…

Gettysburg / Gods and Generals (Limited Collector’s Edition) [Blu-ray] $48.98 Four-disc set includes “Gettysburg” (Director’s Cut) and “Gods and Generals” (Extended Director’s Cut), plus a 24″ x 36″ Civil War map reproduction from National Geographic, a 40-page photo book, a commemorative coin, and a 32-page extract from Time magazine’s “The Civil War” book….

Pearl Harbor (60th Anniversary Commemorative Gift Set) $34.99 To call Pearl Harbor a throwback to old-time war movies is something of an understatement. Director Michael Bay’s epic take on the bombing that brought the United States into World War II hijacks every war movie situation and cliché (some affectionate, some stale) you’ve ever seen and gives them a shiny, glossy spin until the whole movie practically gleams. Planes glisten, water sparkles, trees b…

Koss PortaPro 25th Anniversary Edition Headphones $79.99 As we passed Orwell’s apocalyptic vision of 1984 virtually unscathed, a headphone revolution dawned. In 1981, with the miniaturization of electronics on the horizon, Koss introduced the world’s first collapsible Stereophone: The Koss Sound Partner. The unique design of the Koss KSP introduced the concept of a temporal pad to relieve ear pressure by transferring lateral headband pressure to the tem…

Eli Manning 24KT Commemorative Coin $34.95 …

Army Commemorative Medallion Coin Money clip – CLC-US224 $64.85 Buy army commemorative medallion hand painted coin moneyclip in cuff links man designer money clip store online….

Marine Corp Commemorative Medallion Coin Money clip-CLC-US223 $64.85 Buy marine corp commemorative medallion hand painted coin moneyclip in cuff links man designer money clip store online….

Navy Commemorative Medallion Coin Money clip-CLC-US225 $64.85 Buy navy commemorative medallion hand painted coin moneyclip in cuff links man designer money clip store online….

State Quarter Map – Us State Quarter Collection $12.69 Display your state series quarters with this handsome 13″ x 16.5″ wall map. Each map is made with collectors in mind with extra thick board and recessed coin slots to protect your quarters and prevent scratching. Map has slots for all U.S. Territories and the District of Columbia….

50 State Commemorative Quarter Folder 1999-2008 $1.50 Released to the public at the rate of five different quarters per year for ten years, the coins were issued in the same order the states ent ered the Union or in the case of the thirteen original colonies in th e order they ratified the Constitution. Folder is handsome and durable. Measures 6-1/2″ x 8-3/8 with a green l eather-look with gold embossing….

U.S. Territory & D.C. Quarter Folder-2009 $1.64 U.S. Territory & D.C. Quarter Folder. Littleton folders are handsome and durable. They hold your coins securely and are 6-1/2″ x 8-3/8in to easily fit on your bookshelf. Green leather-look with gold embossing on exterior. Made in USA….

2000 24K Gold Plated Hologram State Quarters $17.50 The new State Quarters are America’s most popular coins – but few people will ever have the chance to own the fabulous set of coins that are gold plated and enhanced with genuine holograms….

2004 24K Gold Plated Hologram State Quarters $17.50 The new State Quarters are America’s most popular coins – but few people will ever have the chance to own the fabulous set of coins that are gold plated and enhanced with genuine holograms….