Thursday, August 25, 2011

Coin Mercantile - Now on Facebook!

Coin Mercantile has added an account on Facebook with Special offers and Coupons for our most valued customers. You can now follow us on Facebook to get the latest news. Also sign up for our news letter at coinmerc.com

Follow us at facebook.com/coinmerc

Wednesday, August 24, 2011

Save on Gold and Silver Coins for the remainder of the Summer

Coin Mercantile has a special offer for the rest of August.  If you buy over $150 worth of product you can save 10% on your order.  Use the Coupon Code SUMMERGOLD!!

Gold used to gelp hedge against the dollar


The US dollar remains down against the euro and other currencies as of the end of July. A direct response to this has been increasing activity to buy gold as a hedge. The question: Is this recent gold run a short term bet or is the weakening dollar going to be followed by inflation? The worst of both worlds.



What is for sure is the demand for gold will continue to increase as a reserve currency as opposed to a commodity. Federal printing presses are working overtime to pour more money into the system in the form of bail outs, stimulus and war efforts. Demand for gold will likely outpace supply.

New to our vaults, and we believe a safe haven for a declining dollar, the Canada 2011 175th Anniversary of Canada's First Railway Gold Proof Coin. Remember, there are no guarantees about whether or not a coin or any collectible, material thing or instrument in any asset class will increase in value and past performance of a coin’s return is Not indicative of future results.

Specials at Coin Mercantile - www.coinmerc.com/specials


Australia 10oz Bullion Bar
50th Anniversary Mini

Coin Mercantile has added new coins to the Specials today.  They are all available to buy now at http://www.coinmerc.com/specials.  Coins like the Alderney 2009 5 Pound 50th Anniversary of the Mini


We have added new Bullion from the Perth Mint.  We have both the 10oz Silver Bars and the 1oz Silver Koala coins.  You can see these new bullion products by clicking ont he silver bar.

Monday, August 1, 2011

What is Coin Collecting?

WHAT IS COIN COLLECTING?
Coin collecting and the study of money is called numismatics. Coins often reflect the social, artistic, economical, and political trends of the time period in which they are designed and made. Numismatics looks at coins from an economic, historical, political, artistic, cultural and metrological point of view in order to place both intrinsic and monetary value on a coin.   

Throughout the centuries, different cultures have preferred coins over paper money and some have used both. By their very nature, coins are highly durable, convenient, mobile, and accurate modes of payment and investments.


COMMEMORATIVE COINS: METAL COMPOSITION AND LEGAL TENDER
Commemorative coins are struck from both precious metals as well as base metals.  They commemorate or acknowledge, celebrate and record a multitude of subjects and themes.  These coins’ Precious metal compositions include platinum, gold, silver, and their alloys, with occasional use of exotic metals such as tantalum.  Non-precious metals such as copper, nickel and zinc are used to strike base metal coins.  Coin Mercantile at this time offers only coins struck from precious metals or alloys thereof.  To be legal tender, all commemorative coins must be accepted as a medium of exchange in the country in which or for which it is minted and possess the following additional and essential properties:


  • The precious metal or base metal structural composition of every commemorative coin must be accurate.
  • Commemorative coins must be precisely weighed and their monetary value guaranteed by the country’s National Bank or Issuing Authority (usually the ruling monarchy or government).
  • The commemorative issue must be limited by either set production quantity or time (strike-to-order or calendar cessation of production). The smaller the worldwide mintage, the rarer the coin, and in consequence the greater the potential to increase in value.