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Paper money of the United States of America was first issued in the year 1861. This was necessitated by the financial needs caused by the funding of the Civil War. In addtion, the Confederacy also issued paper money during the war years. Previously, during Colonial times, the various states issued their own money, which soon became worthless. During the Revolutionary War, Congress issued so much paper money that it also because virtually worthless. However, all paper money issued by the authority of the United States of America is, to this day, legal tender.
The smallest notes issued were fractional currency notes with a value of just three cents! The largest note issued was for $100,000.
Over the years, different types of currency have been issued. From the familiar silver certificates to our childhood notes of World War II, our currency has undergone many changes. Formerly the size of the bills, known as horse blankets, was 7.25" x 3.125" until it was reduced in 1928 to its present size of 6" x 2.5". Today, the anti-counterfeiting measures have produced many technological changes.

Why Invest in Gold?

The reasons for investing in gold have remained much the same throughout history. Gold is a safe haven in times of economic and financial instability. It is a proven asset-diversifier that, when included in domestic portfolios, reduces the portfolio's overall risk. And gold is an excellent hedge against inflation over the long term. Gold is the only asset that is negatively correlated against the price of the dollar.

There are six primary reasons why investors own gold:

1. As a hedge against inflation.
2. As a hedge against a declining dollar.
3. As a safe haven in times of geopolitical and financial market instability.
4. As a commodity, based on gold’s supply and demand fundamentals.
5. As a store of value.
6. As a portfolio diversifier.

Gold is a monetary metal whose price is determined by inflation, by fluctuations in the dollar and U.S. stocks, by currency-related crises, interest rate volatility and international tensions, and by increases or decreases in the prices of other commodities. The price of gold reacts to supply and demand changes and can be influenced by consumer spending and overall levels of affluence.

Gold is different from other precious metals such as platinum, palladium and silver because the demand for these precious metals arises principally from their industrial applications. Gold is produced primarily for accumulation; other commodities are produced primarily for consumption. Gold’s value does not arise from its usefulness in industrial or consumable applications. It arises from its use and worldwide acceptance as a store of value. Gold is money.

In contrast to other commodities, gold does not perish, tarnish or corrode, nor does gold have quality grades Gold mined thousands of years ago is no different from gold mined today. Therefore, gold existing in the aboveground gold stock is interchangeable with newly mined gold.

Investment quality coins

Price: $6,500.00

Investment quality coins

Price: $6,500.00

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