Gold Prices Guide

I know everyone wants some golf prospecting equipment to look for gold with the price being this high. Enjoy the video.

When some friends of ours went house shopping they found the perfect home for them except for the kitchen. They were concerned about the counter space. In a kitchen having counter space is vital if you like to cook as they do. She was able to solve the problem after a co worker suggested she try kitchen carts. They helped her to have work space which works well because it is mobile. She uses it as a cart when she goes to the fridge as well as a cutting board while at the stove. It solved her problem perfectly.

I have been collecting gold and silver coins for 40 years. Not a everyday buyer but more of a finder of free and cheap coins. Most of my coins are different in that they are from a foreign country in the decades 1700′s, 1800′s and 1900′s. There is nothing cooler that finding a coin from a foreign country that you cannot find in any of the coin books. To me that makes the coin very rare. Since the price of gold has decided to sky rocket over the last few years it has made gold coins increase in value based on their gold alone. This has made me focus on silver coins and sliver since the price is still low in comparison to gold. Gold can has never been valued nothing and been prized all over the world since mans beginings.

Today gold is being hailed as a investment against inflation, which it seems to be, gold is kinda like having insurance against the value of dollar if the dollar has a drastic drop in value. The dollar does see to be of low value to the Euro and the Pound. I have freind that check the Gold prices everyday because he buys gold bullion bars as a backup income supply encase his cash flow stops or slows down. At that point he sells his gold bars for money. That is what owning gold is all about. You can take gold and get money for it, gold has all was been worth something. Gold seems like it is the investment of choice at this time in my life, but probally has always been a good investment. Gold and silver coins seem the the choice of many in the investing market, precoius metal is the hot ticket item to add to your 401k now that other investments of stocks and mutual funds have not been kind to retirement investors. The one company that I hear about a lot is Goldline, they are being talked about on all of the radio programs that I listen to. Amazing is that Goldline has been helping customer for 50 years. Gold should be good for diversifying my retirement portfolio, it will at lest have some value when I am ready to retire.

Sponsored by Goldline

If you know cars then you are more then likely a fan of the Honda brand. I know many people that have driven a Honda for many years and never had a problem with their car. You can not say that about many brands. Many Honda owners say they will never buy another type of car due to the dependability they have enjoyed with their Hondas. You can get a Used Honda online. There is a website that specializes in used Hondas. You can go online and choose from those that are available and buy from there. It does not get any easier then that. You can truly buy anything online and a used Honda is no exception.

Every where you look there is talk about how the US dollar is loosing value and protect your self with the purchase of gold. This is a good Idea if you can get gold at a good price for an investment. The current price is over eleven hundred dollars an ounce. Now if you purchase gold coins they have gold weight value along with rare coin value, a double win as an investment. I hear many times a day to purchase gold like an insurance in case the value of the dollar goes to the toilet . That might explain why krugerrand gold and gold sovereign coins are flying off the selves as a hedge inflation and hoping that they will become more valuable as the price of gold goes up to record highs. I have had some old coins for the last thirty five years some silver, copper, gold and what other metal there were back in the sixteen to nineteen hundreds. You can never go wrong with gold it never goes to zero, a good point to remember. Gold since the dawn of time has been sought by many and many have become rich, now the theme is buy gold to hold onto your riches. I can see that.

Sponsored by regalgoldcoins.com

1804 A.D. – 1828 A.D.
North Carolina supplies all the domestic gold coined by the U.S. Mint in Philadelphia for currency.

1816 A.D.
Great Britain officially ties the pound to a specific quantity of gold at which British currency is convertible.

1817 A.D.
Britain introduces the Sovereign, a small gold coin valued at one pound sterling 1830 A.D. Heinrich G. Kuhn announces his discovery of the formula for fired-on Glanz (bright) Gold. It makes Meissen gold-decorated china world famous.

1837 A.D.
The weight of gold in the U.S. dollar is lessened to 23.22 grains so that one fine troy ounce of gold is valued at $20.67.

1848 A.D.
John Marshall finds flakes of gold while building a sawmill for John Sutter near Sacramento, California, triggering the California Gold Rush and hastening the settlement of the American West.

1850 A.D.
Edward Hammong Hargraves, returning to Australia from California, predicts he will find gold in his home country in one week. He discovered gold in New South Wales within one week of landing.

1859 A.D.
Comstock lode of gold and silver is struck in Nevada.

1862 A.D.
Latin Monetary Union is established setting fineness, weight, size, and denomination of silver and gold coins of France, Italy, Belgium and Switzerland (and Greece in 1868) and obligating all to accept each

1556 A.D.
Georgius Agricola publishes De re Metallica, which describes the fire assay of gold during the Middle Ages.

1700 A.D.
Gold is discovered in Brazil, which becomes the largest producer of gold by 1720, with nearly two-thirds of the world’s output. Isaac Newton, as Master of the Mint, fixes the price of gold in Great Britain at 84 shillings, 11 & ½ pence per troy ounce. The Royal Commission, composed of Newton, John Locke, and Lord Somers, recommends a recall of all old currency, issuance of new specie with gold/silver ratio of 16-to-1. The gold price thus established in Great Britain lasted for over 200 years.

1744 A.D.
The resurgence of gold mining in Russia begins with the discovery of a quartz outcrop in Ekaterinburg.

1787 A.D.
First U.S. gold coin is struck by Ephraim Brasher, a goldsmith.

1792 A.D.
The Coinage Act places the United States on a bimetallic silver-gold standard, and defines the U.S. dollar as equivalent to 24.75 grains of fine gold and 371.25 grains of fine silver.

1799 A.D.
A 17-pound gold nugget is found in Cabarrus County, North Carolina, the first documented gold discovery in the United States.

1803 A.D.
Gold is discovered at Little Meadow Creek, North Carolina, sparking the first U.S. gold rush.

Information on Gold

• The chemical symbol for gold is ‘Au‘
• Gold’s atomic number is 79 and its atomic weight is 196.967.
• Gold melts at 1064.43° Centigrade

The specific gravity of gold is 19.3,  meaning gold weighs 19.3 times more than an equal volume of water.

Gold $50

Percent Gold = European System = Karat System
100 %               = 1000 fine                 = 24 karat
91.7 %              = 917 fine                    = 22 karat
75.0 %             = 750 fine                    = 18 karat
58.5 %              = 585 fine                    = 14 karat
41.6 %              = 416 fine                     = 10 karat

Some interesting information about gold

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