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Topic: Intrinsic value (numismatics)


  
  Intrinsic value (numismatics) - Wikipedia, the free encyclopedia
Intrinsic value in general, is the argument that the value of a product is intrinsic within the product rather than dependent on the buyer's perception.
In numismatics, intrinsic value is the value of the metal, typically a precious metal, in a coin.
When the intrinsic value becomes greater than the face value, the coins are in danger of being removed from circulation in large numbers (an expression of Gresham's law).
en.wikipedia.org /wiki/Intrinsic_value_(numismatics)   (331 words)

  
 Coins Value
Value is a term that expresses the concept of worth in general, and it is thought to be connected to reasons forcertain practices, policies or actions.
So, for instance, in economic theory value is often defined as "willingness topay," despite the fact that few people actually assent to such a definition, or even exhibit such an understanding of value intheir lives.
There is generally thought to be a fundamental distinction in values between something beingvaluable as an end, or intrinsically, and something being valuable as a means, or extrinsically.
www.lottery-news.net /dust31797-coins_value.html   (691 words)

  
 Currency - Wikipedia, the free encyclopedia
This first stage of currency, where metals were used to represent stored value, and symbols to represent commodities, formed the basis of trade in the Fertile Crescent for over 1500 years.
It was with Archimedes' principle that the next link in currency occurred: coins could now be easily tested for their fine weight of metal, and thus the value of a coin could be determined, even if it had been shaved, debased or otherwise tampered with (see Numismatics).
The solution which evolved beginning in the late 18th century and through the 19th century was the creation of a central monetary authority which had a virtual monopoly on issuing currency, and whose notes had to be accepted for "all debts public and private".
en.wikipedia.org /wiki/Currency   (2160 words)

  
 Coins and Coin Collecting - MSN Encarta
For centuries, all but the very lowest denominations of coins had intrinsic value; that is, they contained gold or silver equal to their face value.
Their value was determined by weight, and the weight and purity of the metal had to be tested every time it changed hands.
Scotland's coinage began in the reign of David I in the 12th century, and continued until 1709.
uk.encarta.msn.com /encyclopedia_761578905_1/Coins_and_Coin_Collecting.html   (1713 words)

  
 Coins and Coin Collecting - Search View - MSN Encarta
The market value of any coin—that is, the price a dealer would charge for it—is determined by supply and demand—the available quantity of a coin and the number of collectors and degree of interest they have in owning it.
The two main societies in the United Kingdom are the Royal Numismatic Society founded in 1836 and the British Numismatic Society which was established in 1903; there are also collectors' clubs throughout the country.
The Australian Numismatics Society, with headquarters in New South Wales, is the largest numismatic society in Australia, and the largest in the United States is the American Numismatic Association, which is based in Colorado.
uk.encarta.msn.com /text_761578905__1/Coins_and_Coin_Collecting.html   (2673 words)

  
 Intrinsic value - Wikipedia, the free encyclopedia
Intrinsic value (finance), of an option or stock.
Intrinsic theory of value, an economic theory of worth.
This is a disambiguation page: a list of articles associated with the same title.
en.wikipedia.org /wiki/Intrinsic_value   (86 words)

  
 True Value - Gold & Silver Forum
Should the market crash, and the value of the dollar is the value of the paper upon which it is printed, to me it does not seem to matter that one owned bullion or numismatics.
Numismatics are just another cog in the collectibles racket, with nothing more than arbitrary valuations and, for the most part, little to no rarity involved.
Numismatics has come a very long way in the 30+ years I have been involved in the hobby, but to enter such a field for purely investment purposes could well leave a very bad taste in one’s mouth where this field of investing is concerned.
www.goldismoney.info /forums/showthread.php?p=98853   (6529 words)

  
 Money   (Site not responding. Last check: 2007-10-12)
When the value of a good is frequently used to measure or compare the value of other goods or where its value is used to denominate debts then it is functioning as a unit of account.
The value of the coin was determined by its size — the largest of which could range from nine to twelve feet in diameter and weigh several tons.
Fluctuations in the value of commodity money can be strongly influenced by supply and demand whether current or predicted (if a local gold mine is about to run out of ore, the relative market value of gold may go up in anticipation of a shortage).
www.freedownloadsoft.com /info/money.html   (3888 words)

  
 JewishEncyclopedia.com - NUMISMATICS:   (Site not responding. Last check: 2007-10-12)
Independently of the political prestige which a national coinage would confer on their community, it was a practical necessity for the Jews to have at their disposal silver coins of a half- (Phenician) shekel and one shekel for the easy payment of the Temple poll-tax, fixed "ne varietur" at that rate.
expressing their value, τρίχαλκον (whether the χαλκοῦς was, as elsewhere, the eighth part of an obol is doubtful).
Its legal value was 25 denarii, and its intrinsic value almost exactly a sovereign (five dollars).
www.jewishencyclopedia.com /view.jsp?artid=368&letter=N   (5602 words)

  
 Numismatics: Australia: Colonial coinage
Under the 1800 proclamation, it was valued at 1/1 in the Australian colonies.
The specimen shown is from the Potosi mint in Bolivia and was struck in medal rotation.
The specimen shown is from the Madrid mint in Spain and was struck in medal rotation.
www.triton.vg /proclamation.html   (932 words)

  
 Coin Value   (Site not responding. Last check: 2007-10-12)
Value of english coin: American Eagle Bullion Coin: platinum, silver and gold coins American Eagle Proof Coin: proof-quality bullion (platinum stamped on a coin or medal.
Coin value estimate: Comprehensive resources on coin collecting and stamp collecting, paper currency collecting and numismatics and philately in general, including rare and ancient coins and stamps.
Value of silver u.s coin: Coin metal value, intrinsic value of coins, coin melt value, silver coins, silver, copper, gold, zinc, nickel, base metal prices value of U.S. circulating coinage and circulated silver coinage.
www.value-coin.info   (402 words)

  
 Banknote - Facts, Information, and Encyclopedia Reference article
With the exception of non-circulating high-value or precious metal commemorative issues, coins are generally used for lower valued monetary units, while banknotes are utilised for higher values.
Originally, the value of money was determined by the intrinsic value of the material the money was made of, such as silver or gold.
In the 600s there were local issues of paper currency in China and by 960 the Song Dynasty, short of copper for striking coins, issued the first generally circulating notes.
www.startsurfing.com /encyclopedia/b/a/n/Banknote.html   (1245 words)

  
 Gold Confiscation
The pre-1954 criterion for judging a coin minted before 1933 was whether or not the coin in question had possessed a recognized numismatic value on or before April 5, 1933.
By the time the numismatic value of such coins becomes common knowledge, it is usually well past the point where that value or the potential for numismatic value was actually acquired.
To have ruthlessly insisted on the surrender of all gold coins extant on or before April 5, 1933, that were still technically part of the circulating medium, and/or not obviously or generally recognized to be of unusual historic numismatic value, would have been catastrophic indeed, as far as numismatics is concerned.
www.usagold.com /cpm/Hoppe.html   (4323 words)

  
 Category:Numismatics - Biocrawler   (Site not responding. Last check: 2007-10-12)
It has been proposed that List of numismatic topics be merged and redirected into this article.
This request may be discussed on the article's talk page.
Numismatics is the study or collection of money, coins, and often medals.
www.biocrawler.com /encyclopedia/Category:Numismatics   (144 words)

  
 Coin collecting and value, coin collecting price guides, coin collecting terms   (Site not responding. Last check: 2007-10-12)
The value of a coin is determined not by its age but by its scarcity,.
The value of a coin or banknote is determined four factors,.
In the past many valuable coin collections were assembled by individuals; in the 20th cent.
www.batterycar.info /coin_collecting/coin_collecting_and_value.html   (1164 words)

  
 domain-B : Indian business : companies : Co(i)n job?
But the question is will the coin value appreciate in excess of the intrinsic value, assuming that the latter remains constant at the current level.
Says D Hemchandra Rao, president, Madras Coin Society: "The numismatics value is the value of history and heritage behind a coin.
But the numismatic value is one that is generally agreed upon by serious hobbyists, who are collectors.
www.domain-b.com /companies/companies_g/goldQuest_international/20030708_job.htm   (1043 words)

  
 Gold Confiscation Hydra 1.1
Gold numismatics are simply rare collectors’ gold coins that trade at high premiums to their intrinsic gold content value.
Intrinsically, there is no reason why a piece of paper with $100 printed on it should be worth any more than an almost identical piece of paper with $1 printed on it.
The US dollar only has value because folks believe it does, and if their beliefs are challenged or even confused by a new government gold grab, a horrific overnight dollar crash is virtually assured.
www.zealllc.com /2004/hydra11.htm   (4478 words)

  
 Superior Galleries | Elite Rare Coin Auctions, Appraisals, Buy/Sell | 800-421-0754
The underlying financial dynamic that drives value in the rare coin market is actually very simple: there is a defined, limited supply of these numismatic rarities while demand (in the form of the number of collectors interested in acquiring them) has continued to grow.
Superior's strategy for creating value for its customers is predicated upon identifying coins that are truly rare (limited in supply) for which there has been strong historical demand.
Given this and the mature market for establishing value and facilitating trading, collectibles have been correctly dubbed "the collectible of kings and the king of collectibles." If you choose to diversify your portfolio into only one form of collectible, Superior Galleries believes your best choice is clearly rare coins.
www.sgbh.com /Shop/Control/fp/SFV/30298/view_page/numismatics   (2168 words)

  
 Collect stamps and coins
coins often have a high intrinsic value, meaning they are made out of gold or silver or other precious metal.
Coin collecting is called "Numismatics" and a coin collector is known as a "Numismatist".
Numismatics nominally includes as well the collecting of paper currency, although there is also another term for this.
www.allnationsstampandcoin.com /general/collect_coins.html   (454 words)

  
 True Value #2 - Gold & Silver Forum
The advantage of bullion over numismatics in a crash is that bulion holds more intristic value than numismatics.
The question I posted in the first posting "True Value" was "what advantage would a numismatic have over bullion in a crash?" I am sorry it took two nearly similar postings, but those responding were apparently incapable of addressing the question I posted the first time around.
In reality, you are up 6.6 percent on the large cent, and 14 percent on the 93cc, or an average (of two coins) of about 10.3 percent in contrast to industry claims of 54% (whole market?) last year.
www.goldismoney.info /forums/showthread.php?t=19056   (3854 words)

  
 This is the Worldwide Numismatics Website
Numismatics is the science (some say art) of coinage.
After 1974, the issues honour anything and everything whether it is related to the issuing entity or not even to the extent of depicting cartoon characters.
The post-1974 NCLT are usually pretty pieces (more medals than true coins) that carry face values far in excess of their intrinsic value and, for many countries, are minted by promoters from other countries and these pieces rarely are found in the country that authorized them.
www.worldwide-numismatics.com /page00.htm   (717 words)

  
 Numismatics
Coin collection, sometimes referred to by the single term numismatics (from Greek nomisma, "coin"), meaning the study and collection of coins and paper money bearing a country's official designs and monetary value (see Mint; Money), and also tokens, medals, and similar articles.
Most nations, however, have replaced their precious-metal coins with coins made from inexpensive metals, having face value only.
Catalogs of the items to be sold are issued ahead of time, and lists of the prices at which the items were sold can often be obtained afterward.
www.geocities.com /Heartland/Meadows/5457/numism.html   (984 words)

  
 Coin Collecting Glossary   (Site not responding. Last check: 2007-10-12)
The area that concerns itself with the study, appreciation, and collection of coins, currency, medals, and similar property, is called numismatics.
This is especially true of collectible coins and currency which has a special value that, typically, far exceeds its face value.
fractional coin - A coin, the face value of which is a fractional unit of the denominated currency, generally minted of silver.
www.roughnotes.com /onlinedemo/personalsurvey/terms/430_0600.htm   (5441 words)

  
 Rmf Numismatics
It is best not to remove coins from their capsules because outside they are more susceptible to nicks and wear, which reduces grade and value.
When handling numismatic coins, do so by their edges and only over a cloth pad so an accidental drop won't mar them.
The result is a coin with an unnatural appearance and a lower value.
www.wqix.com /coins/Rmf-Numismatics   (420 words)

  
 Luxemburg Numismatics
In truth, there are probably substantial numbers of traditional collectors who prefer to acquire coins destined to increase in esteem and value over time; treasured heirlooms and a source of pride to be passed from one generation to the next.
The best clues are revealed by analyzing the retail value trends over a long period of time for a given coin.
Individuals whose objective is to satisfy their numismatic pleasure by assembling a collection certain to be the envy of tomorrows collectors must do their homework today.
www.wqix.com /coins/Luxemburg-Numismatics   (681 words)

  
 Perspectives in Numismatics - English Merchant Tokens
In a spirit of numismatic whimsy (and, one suspects, because no one else had yet thought of it), Morse had a long legend rendered in the form of a spiral.
They would be heavy coins, whose intrinsic values would be as close to their official ones as possible, given manufacturing costs and usage preferences.
The later, somewhat lighter regal issues of 1806-1807 were not so affected (indeed, their lighter weight was a reflection of the rise in copper prices just mentioned), but they were not in themselves adequate to meet the burgeoning needs of the period.
www.chicagocoinclub.org /projects/PiN/emt.html   (9142 words)

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