The History of Gold Standard

The history of Gold standard began with commitment of the participant countries from all over the world to fix the price of the domestic currency (the currency which is validated, legal and used in their respective country) relative to a fixed amount of quantity of gold.
In this way the domestic currency is measured and freely convertible to a particular weight of gold, as well as into other forms including deposits and notes. The system of measurement of currencies prevailed for many decades until it was abolished in the late twentieth century due to several reasons including economic and financial.
The United Kingdom adapted to a gold standard in the year seventeen hundred and seventeen. Sir Isaac Newton finally accepted the gold standard in the year eighteen hundred and nineteen. However, the United States adopted to a bi metallic standard in the year 1819 AD.
The period in history known as the era of Classical Gold-Standard extended from the year 1880 to 1914. In those times many of the countries adhered to the gold-standard. However the relativity varied from country to country. This was an era primarily relating to an unprecedented level of economic development and comparatively free trade in terms of labour, capital and goods.
This standard of gold lasted till the First World War. As the major countries involved in trade diverted to a form of inflationary finance. However during the period from 1925 to 1931 the Gold Exchange Standard was reinstated. Under this new regulation, all the member countries could only keep reserves in the form of gold, Dollar or the Sterling Pound, except for the United Kingdom and the United States which resorted to the traditional gold standard.
But in the year nineteen hundred and thirty one, Britain left the gold-standard and it resulted in huge capital out flow from the market. Meanwhile in the year 1933, President Roosevelt nationalized all the gold owned by the private and public individuals and companies, and cancelled out all types of payments that were specified in gold. Therefore during the years 1946 to 1971 the countries of the world operated under the Bretton Wood System. This was the new modification in terms of setting a standard for all the world's currencies (international businesses and operations), which were now measured relative to the US Dollar.
The government of the United States promised to exchange and cash in other nation's Central Bank's Reserves in the US dollar for the price of gold at a standard rate equal to thirty five US dollars per ounce. During the past era, the continuous deficits in the US gold Reserves resulted in lack of confidence among other countries of the world. It lacked in its ability to redeem its currency relative to the gold-standard.
The gold-standard was finally abolished during the reign of President Richard Nixon who announced that the gold-standard would no more be validated. This was the final abolishment of the gold-standard.



Learn how to buy gold by taking help of professionals and reduce risks of loss for investment.

Why Should You Buy the Gold Swiss Franc

If volatility is not your thing, then look no further; if $1000/oz does not fit your pocketbook; if you have lost faith in the US Dollar; then look no further - the Gold Swiss Franc is the answer for you! Not to be confused with the Swiss Franc, the Gold Swiss Franc is by far the one of the best international investments available today due to it's stability since 1933 and affordability over the Bullion and Krugerrand. The history behind these coins alone gives cause and inspiration for their ownership.
Though many pieces were reported confiscated by Nazi Germany in the 40's, today there is still wide available in the US and abroad making the Gold Swiss Franc a sound and historical investment for around $200 per fifth of an once. At this price there will undoubtedly be many small investors seeking to purchase these to diversify their portfolio and have a real story to tell.
The US dollar along with the Euro has proven their frailty and many investors are seeking other areas of investment and new investors are staying away from the common markets. The Gold Swiss Franc will always be a secure place to put your money being that gold is "secure" and the Franc is affordable. The possibility of the price reaching new heights is very real also as to the history of these magnificent coins.
As a coin collector, there would be no greater exciting piece to add to an existing collection than a 1933 Swiss Gold Franc! Beautifully designed, historically fashioned, you could proudly display a Swiss Gold Franc and have an incredible story to ingratiate the piece. The franc itself has the classic "Hellenic" design of ancient Greek coins.
So go ahead and invest in a piece of stimulation and controversial history, all the while considering what the modern day US investments are doing compared to these worldly pillars of financial constitution.



Appalled by the looming dollar devaluation caused by fiscal irresponsibility, the author has started buying gold and silver as a means of wealth protection. If you think that's not a bright idea, you should know some of the world's richest countries are buying gold as well!

Why You Should Be Investing in Gold

You should be investing in gold for some very simple reasons having to do with the dollar. Investing in gold will protect you from the imminent dollar collapse and hedge your portfolio against inflation.
The following reasons show the US dollar is in serious decline, and why investing in gold is essential:

As the dollar continues to inflate (and the U.S. Government has set this in cement with their quantitative easing policy), your buying power with those dollars will shrink.
You take out insurance to protect your home and valuables from future loss. It makes even more sense to protect your purchasing power from future loss when you know that you are losing it every day through the hidden taxation of currency devaluation.
Gold and silver coins are the insurance that will protect you from the shrinking value of the dollar. Gold does not shrink, nor can it be printed by the government.
If you make $30,000 per year, you would have to be making $50,000 in just five years to have the same purchasing value as the $30,000 with which you started.
If you want to retire with an income of $1,150 per month, which, by the way, is the poverty level income, you would have to have $250,000 in the bank earning 5% interest. Do you have $250,000 in the bank?
Do you think that that the unfunded debt of the U.S. that has been added since the beginning of the Obama administration will just fade away with out any inflationary consequences?
What do you think will happen to the value of the dollar if the Obama administration succeeds in it's attempt to nationalize 18% of the U.S. GDP by taking over the health care industry. Just imagine the U.S. Postal System running health care and you will get a vision of how cost effective and efficient that will be.
If any of the predictions of future U.S. debt are only half as bad as predicted, you should be investing in gold to protect yourself from accelerating inflation if not outright hyper-inflation!

You should be investing in gold now, in order to leverage your gains and accumulate as much as you can before inflation really takes off. Gold and silver are the two things that the government can't totally control because there is an international market for them, unlike the dollar which can be manipulated at their whim. Gold and silver are real wealth that can be held in your hand and safely held in your possession and not by a bank or private company that can be seized by the government.
Gold is your insurance policy that guarantees you the purchasing power of the dollars that you earn. These are just some of the reasons why you should be investing in gold!



Don't make the same mistakes I did Investing in Gold, check out our free guide to gold investing and avoid the pitfalls and increase profits when gold investing.
If you have found this article helpful, check out his blog of market insight to the gold industry at --- http://www.buygoldco.com

Will Silver Outperform Gold?

Silver and Gold have held real value since history began. They have also both outlived every fiat currency created. Will this happen with the almighty dollar too? Our government is creating dollars at an alarming rate in response to the credit and liquidity crisis we have been facing. They were creating too many dollars even before this all started.
Right now it looks like we are in the opposite of an inflationary environment, but I think this will look much different in a few years. The dollar will devalue when the rest of the world loses confidence in it. When this starts to happen, gold and silver prices will sharply rise. Compared to gold, the price of silver changes based on a much smaller sized market. If people decided to invest just 1% of their savings in silver the price move would be enormous. Even just a few billionaires wanting to beat inflation by buying silver would greatly move the price.
Remember the Hunt Brothers? They tried to corner the silver market in the 1970's by forming a silver pool with the help of some wealthy oil sheiks and eventually took delivery of half of the worlds silver. The price of silver eventually reached an all time high of $54 an ounce in 1980. These same Hunt brothers just recently sold their petroleum company for 4.2 billion dollars. I doubt they will try to corner the silver market again but they might use some sale proceeds to invest in silver.
Silver has never touched and is still no where close to the previous peak of $54, but gold and just about every other commodity has exceeded it former peak in the last few years. In other words, silver's day is still to come. If silver was adjusted for inflation, it's price would need to be $120 to match it's price peak of 1980.



The author has been a full time real estate investor for 16 years and has expertise in using many different investment strategies.
Visit the Gorilla Real Estate Club for more info on profiting with tax lien properties [http://www.thegorillarealestateclub.com].

A sound and tested method for looking through lots of coins.

So how do I look through cents for die varieties and errors?? Here's how I do it, and if I had the time I could go through 100 rolls a day this way:

1. Sort all the coins in a batch by date if the batch is more than a couple of rolls. I recommend sorting them a bag at a time (5,000 coins). One of the reasons for doing this is so that the more 'expected' dates can be gone through first, and the lesser 'expected' dates can be set aside for a rainier day. Another reason for doing it this way is purely logical and makes perfect sense - if you have 250 examples of 1985 cents to look through, you will get a better sense of how thick the design is and what some of the smaller details look like, and don't have to rethink your knowledge through every time you go from one coin to another. Additionally, you can get out a list of all the known dies for that given year and have them handy while you search, without having to flip back and forth through a LOT of stuff with each coin you look at. If your group is mixed, you might see a 1985 cent, then not see another one for another 60 coins and won't have the visual memory of what the other one looked like. This is more or less a waste of time.

2. Sit in a comfortable environment. If you're using a loupe, sit with a window or other light source behind you. This allows you to sit up in the chair and look at the coin in a comfortable position. Those who try using a desk lamp sitting in front of them have to bend over in different positions to light up the coin, which is a killer on the back after an hour or so of looking. If you are looking through a microscope make sure you set the lighting, magnification, and focus to a comfortable range and LEAVE IT THERE. Constantly changing the settings can play games with your eyes and cause you to miss stuff that's there, and see stuff that's not there.

3. Don't try to look through too many coins at once. Find your limit and don't exceed it. If your eyes start to blur and lose focus after three rolls, call that your daily limit and don't exceed it. I found that my limit is about 20 rolls a day, and I don't go over that. If you get tired of looking, you'll get lazy and stop looking. Your eyes will be catching most of the details, but your brain won't process them, and I promise you'll be missing stuff and wasting your time.

4. Know what you're looking for. Don't just go by what's been listed. Pay attention to all the details and pick out any differences and hold them aside. Keep looking, and if that difference appears over and over, you probably have nothing...but if you see something different on one out of 500 coins of the same date, you might have something worth further investigation.

5. Keep examples of the "nots" as well as the good coins. If you keep the things that aren't collectible, you'll be able to look back on them when you find something else in question and probably answer many of your own questions.

My method:

I have a stereo-zoom microscope with good lighting that did not come with the microscope. More so than not I find that microscope lighting that comes with the scope is not the proper type or intensity of light to use for searching through coins.

I have a stick I made out of ash 1x2 boards that has a flute cut into it that's the right size for cents to fit onto it. I line up half a roll at a time on the stick, obverse facing up and look through them sliding the stick through under the scope. I then have an identical stick I use to flip the coins over so I can look through the reverses. I can often accomplish a half roll in under 3 minutes, or my entire 20 roll daily quota in about an hour, including holdering and marking everything I find.]]>
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mikescoins1, Hard Times

Dear Our Valued Customers,

We normally use this email list to advertise our specials on Ebay as well as our website. We wanted to take the opportunity to explain a situation that has affected us and may have caused some of you concern, and we think you will be very interested in what happened.
Some of you may have received an email from Ebay stating that our listings on our Ebay User ID Mikescoins1 were cancelled. You would only receive this email if you had bought from an active listing, however, since some of our listings are Ebay store listings you may have received an email from orders as old as six months ago. Because of this we felt it was neccessary to let everyone on this list know about the situation as soon as possible as the amount of time it would take to determine who actually received this email from Ebay might take days. As you can imagine, we have received some emails from customers worried that they will lose their money or otherwise not get their coins.

We think you will be interested to learn the reasons behind this, and we encourage you to read the rest of this email, but first and foremost -- rest assured that absolutely everyone who has an active paid order will promptly receive their order. The majority of people who received the email have already received their order. Please do not panic and put chargebacks through your credit card or Paypal complaints as there is nothing to be concerned about.

Now, let us explain what happened. If you are an Ebay seller as well, or if you use Paypal you might be especially interested.

Back in April, we had an international transaction with a company in New Zealand for $6,000 in silver coins through our website where the buyer paid by Paypal. We shipped the order according to Paypal's seller protection standards and also insured the package through our private insurance company. The package took about two weeks to arrive, which is normal for an international transaction. The US Postal Service and New Zealand Post both confirmed delivery, however, New Zealand Post did not get the requested signature confirmation that should have been obtained by the delivering postal employee working at New Zealand Post.

The day after we confirmed receipt, the buyer put a Paypal dispute in claiming non-receipt. As you may know, Paypal finds sellers guilty until proven innocent in these cases and the money was instantly removed from our account. In the comments section, the buyer stated that "the tracking number you provided does not confirm delivery". This was especially interesting considering this was before we were providing tracking numbers to international customers, so unless the buyer had the package right in front of them they would have had no way of knowing what the tracking number was.

We submitted to Paypal a screenshot of the USPS website showing that the package was delivered, a screenshot of the New Zealand Post website showing that the package was delivered, a letter from the USPS Inspection Service showing that after an investigation they determined the package was delivered to the addressee, and a letter from the New Zealand Post equivalent to the Inspection Service stating the same thing. Despite receiving all of this information, Paypal failed to render a decision in either my favor or the buyer's favor for three weeks on this case.

The buyer then instigated a chargeback with their credit card company since he failed to get a refund. The buyer also put a chargeback through on another earlier transaction claiming non-receipt that the buyer confirmed to me he received before putting in the $6,000 transaction. It is unclear if Paypal submitted the information to the credit card company to fight the chargeback on my behalf, or they failed to do so, as they have given me conflicting information, but nevertheless we lost the chargeback and we are permanently out $6,000. Our insurance company also would not cover the claim as they believe it was a case of buyer fraud and we can't really blame them for their conclusion.

Now -- to add insult to injury, Paypal froze our account with no explanation during the first week of July. Some of you may have been inconvienenced by this as you were unable to send payments. It took intervention by an Ebay executive that we met at Ebay Live to unfreeze the account. During this whole week, we had no concrete reasons from Paypal to determine the cause of this, except vague information from my Ebay/Paypal account manager Adam (who is the only Ebay/Paypal employee that has gone out of his way to try to help us through these issues) that it was due to a high Paypal complaint rate.

We thought the problems were over as the account was fully restored, but while we were on vacation out of the country in late July, the same thing happened, again with no explanation. When we returned, we eventually conferenced with a Paypal "risk specialist" who informed us that the reason behind these restrictions was a high chargeback rate. We explained the situation about the fraudulent New Zealand buyer and while the account was partially restored, a 5% / 120 day reserve was put on our account which wouldn't be so bad, except that the 5% was placed on ALL activity, including refunds, (which makes absolutely no sense) so if we issued a refund to a buyer, an additional 5% was placed into an reserve, resulting in 100% getting returned to the buyer and 5% put in reserve for a total loss of 105% of our money.

Now -- to the reason for the listing cancellations by Ebay. Ebay has now, effective Monday, instituted Paypal performance as a part to help determine Ebay seller performance. This is patently unfair as sellers that don't accept Paypal are not affected by this change, but those who do can only be negatively affected by this change. While we have had some negative feedbacks that added this "seller non-perfomance" rate, what caused the listings to cancel apparently was a poor Paypal chargeback rate, most of which was due to this $6,000 chargeback. Mind you, this is a company that we have paid over $200,000 in fees to just in the past two years have done over $2,000,000 in business with and we never experienced a problem like this before.

Aside from our horrible experience, in general Ebay and Paypal as many of you know have gone through a period of dramatic and tumultuous change with numerous rapid management and policy changes since the beginning of this year. Needless to say, it appears that Ebay is no longer a reliable venue for our sales and regardless of what eventually happens with this situation, our Ebay auctions will become a smaller part of our business, if they have any part at all, by the end of this year.

We do have two other Ebay User IDs that we have used as backups and have many of the same listings we normally have on our Mikescoins1. Both of these user IDs have "raised" search standing due to excellent customer service and we were already planning to list more on them before this issue occurred. To see these listings, please click on the links below:

Walruscoins Ebay Store
Mikescoins2 Ebay Store

Please also take a look at our website, www.mikescoins.com. We will be expanding our website listings and lowering prices soon as well. If there is anything that is listed that is a silver item, we can probably give you a better price on the coins as the prices on the site do not reflect the recent drop in silver. Please email us with any questions.

And, if you have any other questions or want to comment on what happened, we invite you email us directly at support@mikescoins.com. We thank you for reading this and appreciate your support during this disruption.

Sincerely,


Mike's Coins]]>
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Another Nic-a-date find. 1914-D found!

1914-S

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steel cent question

I have a 1943 steel cent that i think look faboulous.. think it is worth being graded and how can i go about doing as i have never sent anything off.. How much does it run?
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Tough Times..............

I know that we are all starting to feel the pinch of the rapidly rising cost of living. For example, a LARGE portion of my coin purchasing budget now goes into my gas tank. Therefore, I was wondering if any other CCF members were thinking about ( or having no other choice ) to sell coins from their collection just to make ends meet? ( coin collecting is expensive during good times and now it can really be hard to fill that dansco 7070 ) I truly hope that this is not the case for us die hard collectors, but we all have that mortgage (rent), food, gas etc... to deal with and as the saying goes " you gotta do what you gotta do" to keep your head above water. not knowing where it will end or how bad it could get I have started to consider what in my collection I would give up first. Fortunately I have not been pressed to make any sacrifices yet............... and I will hold out till the bitter end. (unless my wife decides she has to eat ) I feel that the American will to survive will prevail, so I will hold on to my gold and silver ( what else will be left ) until they knock on my door. These are the times that can again make us strong, we just need to stand together. So...........how do you stand ?
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Time travel to get GREAT coins

Someone recently started a discussion thread about what coins you would buy with $500,000.00. How about this: If you could take $100 with you and travel back into time for 1 day and try to exchange that $100 (no time-related inflation problems - it STAYS as $100!) for coins in circulation or as rolls of coins from a bank, what date and what location would you travel to?
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Which is your least favorite coin design

Is it just me, or do the new coins in circulation appear to be of a lesser quality than previous designs? For example (in my opinion), the new portrait of Thomas Jefferson looks more like the "Mummy" than Thomas Jefferson. Also, many state quarter reverses look like they have been created on an etch-a-sketch. What ever happened to the classic designs?

Which is your least favorite coin design?
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Gold-Dollar Relationship

President Nixon abolished the gold standard in 1971 and in 1973 the IMF officially abolished gold as part of the monetary system. Still almost 40 years later gold seems to follow the U.S dollar more than anything else. Traditionally gold seems to move up as the Dollar goes down but recently this pattern has been broken since gold has been going up along with the Dollar. What this actually means is a difficult question to answer but most market analysts believe that gold is acting more and more like a currency. As almost all of the main fiat currencies (Dollar, Euro and Yen) are losing their value, investors need to diversify their portfolio to protect their wealth.
Behind the scenes there is even more confusion about the state of the Dollar and what will happen in the future. Since 2001 the Dollar has lost 30% of its value and since the creation of the FED it has lost 96% of its value. Being the most common reserve currency in the world the value of the Dollar should be relatively stable or at least that is what the investors are hoping.
The largest financiers of America, such as China, have started to move their reserves away from the Dollar and this is creating problems for the FED since no one wants to buy government treasuries. The FED is now forced to buy the treasuries itself and this leaves money bouncing between banks and the government. The banks benefit from this since they get easy money from FED to fill the holes in their balance sheets created by the Credit Crunch. Buying government bonds with the money is way more profitable than lending the money to general public since bonds create around 3% return compared to 1% coming back from loans. This creates a lack of physical money in the economy and slows down the recovery since people can't get loans from the banks.
The national debt of US stands at $14 trillion and will soon reach 100% of its GDP. With high unemployment rates and slowing economic growth the government is struggling to fund this debt. As a result the FED will keep printing more Dollars, which will decrease the value of the Dollar even more and drive investors to buy more steady assets, such as gold bullion.
On top of the problems with the Dollar, there is an issue with US gold reserves. According to the government, the USA holds about 8.000 tonnes of gold in Fort Knox but there hasn't been an independent audit of the gold since 1953. It is known that after the 1953, millions of ounces of gold have been sold outside the US but no official figure has been released regarding the current gold deposit. There is a good reason for that since if the US gold reserves are considerably smaller than expected, one can only imagine how deep the Dollar would dive.
The next few months will show what direction the US economy will take since after Labour Day on 6th September the holiday season ends and all the big players come back from their summer break.
We believe that gold investments will keep producing good and secure returns for investors as the growing retail and investment demand from east and west is likely to keep pushing the price towards new records later this year.



KK Bullion offers you the opportunity to participate in a rising gold market with gold bullion. Buy or sell gold bullion, have it delivered securely or we can store your gold bullion for you in our Vault. Click here to buy a Gold Bullion

Treasure Trader Coin Pendant

• Category: Pendants/Medallions
• Description: Atocha 8 Reale Coin Pendant with plain bezel. Lustrous ancient silver from the 1622 shipwreck Atocha cast by hand.
• Price: $145.00
• SKU: 016-4284

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Large Cents

Just found this collection of large cents was wondering if anyone could tell me what its worth/how good it is.
Its a lot of pictures sorry.

http://s462.photobucket.com/albums/...8/TeukCoins/

Let me know what you think.
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Get the Fair Share by Selling Your Gold Coins and Bars

Gold that has been considered as a symbol of strength and wealth since early ages. It is used to make jewelry, coins, and bars etc, which are regarded as good investments. It can easily be exchanged and traded. Everyday more people get interested in gold trading, that's why; its price is rising up to the skies. If you want to sell your gold, then you can follow the following pattern.
To sell your gold needs some steps to be followed. First step should be evaluating the purity of your gold. For this you have to find out that how much karats your item possesses. For jewelry it is easy, because it must have a karat stamp if it's at least 10 karats. Gold that is 24 karats is 99.9 percent pure, 18 karats is 75 percent, 14 karats is 58.3 percent, and 10 karats is 41.7 percent pure. If it is less than 10 karats, it cannot be sold as "gold" in almost every part of the world. If you possess gold bars, then they must have the percentage of gold content printed on them. While if you have got coins, then you can search the specific type of coin online, or you can search them in catalogs.
After finding out the purity, you should get the weight of your gold item in order to sell your gold. Gold is measured in troy ounces, grams and pennyweights. One troy ounce is equal to twenty pennyweights. Remove any gemstones or clasps that are not gold before weighing your gold piece. If you have weighed your item correctly, now it is time to watch the current market price. Usually every jewelry shop quotes the current market price, but you can check it online also. An online calculator is very helpful in determining your gold's estimated value in a quick way, making your decision to sell your gold easy.
Although you have estimated the value of your gold, you can get evaluation from independent professional appraisers. Ask him about your item in front of yourself. This activity, before selling your gold can cost you a reasonable amount, but you will get the accurate estimation of your gold's worth.
After getting evaluation of your gold's worth, you are ready to sell your gold. You can sell your gold by number of means. If you are selling your gold in the shape of a jewelry piece then go to a jeweler or a pawn shop.
You can sell it by online trading also. If you possess gold coins, then there are many options to sell them. You can go to the dealer, from whom you bought them. In this way he will have the satisfaction on gold's authenticity.
Another option, in order to sell your gold is to sell it through auction. You can look for them in an auction house, or search them online. You should bring certificates related to coins and other paperwork with you, when you intend to sell your gold. Coins are somewhat easier to sell than the larger bars. A bar is a high priced gold item, which everybody cannot buy.



Keith Hathaway writes reviews on how to sell your gold Online. For more information on how to get dollars for gold; please visit webuygoldcanada.com.

Coin World - 1795 Reeded Edge Large Cent Found.

A collector in Oregon purchased a 1795 Reeded Edge Large Cent for $1000. This coin has been examined by numerous dealers raw. These various dealers felt the coin to be an alteration so did not take the coin seriously after examination. While they are deciding weather or not this coin is genuine and finally determined it was not, this collector buys it, submits it to PCGS and it comes back Good4. Now I ask you, why didn't these dealers pay $30 to see what PCGS thought? No brainer to me. This collector is expected to get $200,000-$300,000 for the coin.
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Inherited a LOT of old coins

Never collected coins before, always a baseball card collector. However, my Grandfather passed away in Jan (RIP) & left me his coin collection. I really have so much, I don't know where to start. For example, I opened a couple of half dollar rolls last night (thinking they would be JFKs) & ended up being enough to build several Franklin complete sets. Almost everything is silver & there are several books filled with everything from Flying Eagle cents to Morgan dollars. I've been doing some research online but am a complete novice. How do you decide what to grade, whether or not to complete sets (just a 1916 D from a complete Mercury set or 12 LOL), etc.? Any advice would be appreciated

Thanks
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Silver Princess Coin Ring - Size 6

• Category: Rings
• Description: Delicate, intricate, beautifully defined ladies coin ring. "Princess" Ladies ring. Made with 100% Atocha Treasure Silver.  Sizes 5 to 9.
• Price: $80.00
• Ring Size: 6
• SKU: 016-4332

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Training Gold Dollar

Trained a one-year-old colt named Gold Dollar...Stubborn horse, full of life, and loves to run. Beautiful yellow color with white stripe on his face and good conformations, but Gold Dollar is not a yellow dun. When he was born, we thought he was a red dun. However, we sent samples off just to find out that he was just a dun.
To start...I got familiar with Gold Dollar by grooming him. First by giving him a bath which was hard because he likes lying down in the mud. After he was dry I brushed him down, which he loves. I fed him snacks such as apples and sugar cubes to make him like me and to keep his interest. But most of all, I exchanged breathe so he will be familiar with my scent. This is very important to calm the horse.
Training Gold Dollar was hard work, but it was worth it. My grandfather, who owns and operates a farm, started Gold Dollar"s haltering training. Gold Dollar would just lie down and refused to move. So we tied him to a blue ford tractor. He can no longer refuse to move. Lol.
Haltering training is about controlling your horse to follow where you lead him to go. You know when the training is complete when he does not pull or fight back. The purpose for controlling him is when take him out around other horse or loading in the trailer. This took several weeks with Gold Dollar.
I used a round pen made up of six foot gates with a foot of sand on the ground to bog down the horse as it runs. In the round pin, he would just jump the six-foot fence. It was amazing to see him jump the fence but was a journey to run him down. After returning him to the round pin and tying a rope to him,
We started running him around the pin. Several rounds of ten laps one direction and then ten laps the other until he tired. I know he was tired when he submitted. When a young horse submits, he will gum you. Gumming is what a young horse does to a older horse to show submission. This is known as breaking the horse.
I tied the rope to different parts of his body, his legs, his waist, and his neck so he would get used to being tangled such as with barbwire. Also to get them used to the rope because you have to catch them. This older trainer once said "Them cowboys in Oklahoma said they had to catch their horses every morning." He said "I do too." He held his rope up and the horse came and put his head in the loop.
Then tied a bag to a stick and rub it all over his body to teach him not to spook easily. Leaving him tied up to a pole in the middle of pin, we would lift his legs to get him use to cleaning his hooves.
I know his training was done when I walk to one side and then to the other. If he follows when I walk away the training is complete.



For more information on training horses, try these Web sites:
http://Rockycreekquarterhorses.com
[http://Rockycreekquarterhorses.info]
My name is Eric. I'm out going and go lucky type of person thanks

Some Facts About The Gold Dollar

The gold dollar finds its origins back in the 1830s during the Carolina Gold Rush, when a German immigrant named Alt Christoph Bechtler or Christopher Bechtler came up with the idea of making the exchange by offering gold coins instead of raw gold. Bechtler issued gold coins by making his own equipment and presses, thus producing the first gold dollars in the United States.
The gold dollars were produced from 1849 to 1889, being the smallest coin in the history of United States and having a composition of 90% pure gold. Several types of gold dollars were produced in order to correspond to the standards and the needs of the people.
In 1849 the Gold Rush that sparked in California determined the government to authorize the production of golden dollars. The United States' Mint's chief engraver named James Barton Longacre was assigned to design the new gold coins.
The first type of dollar represented Liberty's head. This first type of gold dollars named "Liberty Head" faced the portrait of Liberty, wearing a small crown on her head with the inscription of the word "Liberty" and being encircled by 13 stars representing the 13 initial colonies. On the back of the gold coins were inscribed the date and the value of the coins.
This first type of dollar was minted between 1849 and 1854, being the smallest in the United States' coinage history having a diameter of 13 millimeters. This fact determined critics such as those regarding the small size and the fact that they can be easily lost. Therefore, new designs have been issued as a response to these objections.
The second type of dollars was the "Indian Head" which had an increased diameter up to 15 millimeters but having the same weight and composition as the first. Between 1854 and 1856 the coin depicted the head of an Indian princess being called the "Small Head" and starting from 1856 up to 1889 the coin was known as the "Large Head", the size of the Indian head being increased.
All these three types of precious metal dollars had wreaths applied on them which represented wheat, corn, cotton and tobacco being encircled by "United States of America" inscription. Moreover, the reverse of all these three types carried the inscription of the date and the value of the coin.
At the beginning, the production of gold dollars reached the highest values. Between 1856 and 1862 the production per year exceeded a million. After that, it started to lower until 1889 when the mints were extremely rare.



The most common and traditional way to Buy Gold is by investing in small bars or coins.

The Real Truth Behind The Dollar

It comes as no news to anyone that the U.S. dollar has recently been in free fall. Two actors are conducting the moves, namely he Federal Reserve and the European Central Bank. Due to their policies and decisions, we hear more and more about the risk the dollar is facing - that of becoming 'toxic waste'.
It may be the case that behind the policies imposed by the Federal Reserve and the European Central Bank lies the will to find a solution to the constantly growing influence of China on the global economy. Although officially, the U.S. is promoting a strong dollar policy, the reality shows something else. A first sign that a currency is being devalued can be seen in the way stock markets act. And lately, the value of the dollar has dropped, as such, influencing everything else on the market - from the price of all commodities that went up, to that of gold which hit one record price after another.
But why would the U.S. benefit from a cheap currency? Mainly, because a cheap currency may become valuable for a major exporter. If we take China as an example, which is, in fact, the biggest world exporter, we cannot help but notice that the Chinese yuan seems to be manipulated in remaining underpriced. The latest G20 meeting has voiced once again the U.S. and the E.U. demand that China would stop influencing the yuan and let it face the global currency markets, an idea that has been rejected by the leaders from Beijing.
With such a background, the free-fall of the dollar may be, in fact, an action orchestrated in order to increase the U.S. power as an exporter. Currently, the U.S. stands as a major importer, but a weaker currency might increase the manufacturing sector by increasing the exports. This, however, will have the effect of a boomerang, as the costs of the exporters in terms of commodities and goods will also rise.
Facing such a fluctuant global economy, one would find it difficult to trust even the strongest currency, in order to secure the savings. For that reason, more and more people turn to gold as an ultimate isle of security and opt for the various gold related products available on the market nowadays. While some people opt for paper gold, there are still many fascinated by owing gold bullion or coins.



Featuring a traditional engraving and made of 22 carat precious metal, gold sovereigns coins are an excellent opportunity for coin collectors and investors alike.

1 oz Silver Eagle set into a Sterling Silver Simulated Rope Pendant with 24" Sterling Silver Rope Chain

• Category: Pendants/Medallions
• Description: Being one of the most beloved designs by the public, lady Liberty is featured on the obverse of the coin walking towards the sunshine, draped in the stars and the stripes which is a symbol of strength. She is carrying branches of oak and laurel in her arms, symbolizing civil and military glory. The reverse portrays an heraldic eagle that was designed by John Mercanti, who is a US Mint engraver and sculptor. The eagle has a shield in front of it. In its right talon it has arrows and in the left, an olive branch symbolizing peace and goodwill.
• Price: $105.80
• SKU: 019-7364

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Shipwreck Coin necklace

• Category: Necklaces
• Description: All Atocha Copper and Silver coin pendant matched with Tiger Iron necklace. Coin has irregular shape, great definition, and goes well with understated solid necklace. Treasure Chest not included.
• Price: $130.00
• SKU: 016-7754

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