Saturday, October 30, 2010
Sahara Coins Gang having Fun!
Friday, October 29, 2010
Sahara Coins Daily Spot Prices Oct. 29, 2010
Good Morning everyone! Here is the up to the minute spot prices for today, Oct. 29, 2010. Go to www.saharacoins.com to be updated all day.
Thursday, October 28, 2010
Sahara Coins Morning Spot Prices Oct. 28, 2010
Bullion prices are going up again today.....so far!
Go to www.saharacoins.com to keep an eye on the market all day.
Wednesday, October 27, 2010
Sahara Coins Morning Spot Prices Oct. 27, 2010
Tuesday, October 26, 2010
Sahara Coins Daily Spot Prices Oct. 26, 2010
Good morning everyone, Here are the spot prices so far this morning...you can follow all day long on www.saharacoins.com
Tuesday, October 19, 2010
Sahara Coins now offering "Raw" coins for sale on website
I want to make sure that all of our followers are aware that you can now purchase "Raw" coins on our website. www.saharacoins.com We are starting with Half Cents and early Large Cents. We will be adding many more in the days to come, make sure you keep checking back for daily updates.
Monday, October 18, 2010
Trivia Question Answer Part 1
A couple of weeks ago I posted these 2 questions.
1. What is the only US Gold coin to have a bird on it other than an Eagle?
2. What is the bird?
Here is your answer to the first question:
1915-S $50 Pan Pac
In 1915, San Francisco hosted the Panama-Pacific Exposition to celebrate the opening of the Panama Canal. To commemorate the event, the United States Mint struck a variety of coins in silver and gold, including a Half Dollar, Gold Dollar, $2-1/2 Gold, $50 Gold Octagonal, and $50 Gold Round. The coins were sold at the Exposition individually or in a variety of combinations and/or sets.
Apart from Patterns and semi-official Territorial gold coins, the United States had never issued a $50 gold piece. Not sure of how many they could sell, Mint officials struck 1,509 Octagonal and 1,510 Round versions. Because of the high cost of the coins and the sets, very few coins actually sold. Of the 1,510 $50 Rounds, 10 were set aside for assay purposes, 483 were sold to the public, and the remaining 1,017 coins were destroyed. The Panama-Pacific $50 Round ranks as one of the great numismatic rarities of the 20th Century.*
I will give you the answer to the second question on my next posting.Kimberly
*information obtained from PCGS Coin Facts
Thursday, October 14, 2010
Something Fun to do with your kids and a lesson to be learned as well!
Part of my job is to read the newspaper everyday to see what is happening in our glorious city of Las Vegas, Nevada. Last week I received a small newspaper publication in my mailbox and in one section it had “fun things to do with your kids.” It included information about places to roller skate, ice skate to go bowling and even places with arcades. With a 12 year old son of my own and being fairly new to Las Vegas, I am often looking for something different to do with him. Something that would be educational and help grow his young mind, not just vegetate it, like the video games he loves so much.
The very next day I was struck with an idea, when one of our very good customers came in for the umpteenth time with his 9 year old son, for their father and son afternoon of checking out all the cool rare coins and other collectibles inside of Sahara Coins & Extraordinary Collectibles and adding to his sons already ever growing collection of rare coins. I believe our store should be on the list of fun things to do with your kids.
You see we are not set up like the normal coin store. Our store is more like a museum. We have walls of collectibles and cases full of rare coins. In one corner of the store you can find a Carson City Mint Double Bell Safe, which reminds me of something you would see in the movie Tombstone. Parked in front of it is an extreme custom bike built from an Arlen Ness called “Piracy” with it’s custom pirate themed paint scheme. You never know what you will see when you walk into the store.
Mark Scott, managing partner of Sahara Coins has spoken to a room full of elementary students and will be the first one to say that children love to collect things and rare coins is not only a great hobby, but can lead to a great business also.
Mark became a collector and a dealer at the age of 15, when he traded a baseball card to a friend for a coin the other kids grandfather had given him. When the friend moved away Mark took the coin into a coin store where they told him it was worth $800, the baseball card had been worth $5.
If you would like to hear the rest of Marks story, which leads up to owning the largest rare coin store in the state of Nevada you must come into Sahara Coins & Extraordinary Collectibles and ask Mark yourself. Better yet bring in your kids and let them ask Mark.
Tuesday, October 5, 2010
Gold Nugget is "For Sale"
For those of you who follow us on a regular basis and receive our e-newsletter you will remember that a couple of months ago we bought a giant Gold nugget. We had a contest to guess the weight of this nugget, does anyone remember how much it weighs?
Ok ok so you don't have to hurt yourself thinking about it the Gold nugget weighs 82.15 troy ounces. Believe me I have held this baby in my hand and it is heavvvvvyyyy!!
I know that a bunch of you probably took out your metal detectors and went out in search of a giant nugget like this one right? Well search no more!
Now you have the chance to buy this beauty. We are offering the Gold nugget for $145,000. If anyone is interested you can contact us directly by email kimberly@saharacoins.net or calling 702-367-4360. Make sure you tell us you saw this posting on our blog.
Have a fantastic day,
Kimberly
Monday, October 4, 2010
Numismatic vs Bullion
Why would you buy a Numismatic Coin over a Bullion Coin? Bullion Coins trade at prices close to spot. Numismatic Coins trade for premiums over their actual metal content. Some of them go for just over spot where demand may be low while others can go for many times over spot based on factors like how many were made or survived and the condition they are in.
An example of how a Numismatic coin can go up in value much more then just Bullion spot pricing would be a $20 Saint Gaudens MS64. In 1991 this Numismatic Coin sold for between $400-$500, while Gold spot price was between $300-$400 an ounce. If you had bought both an ounce of Bullion and a $20 Saint Gaudens MS64 Coin and held onto them for the last 20 years both would increase in value. However, the value of the Bullion today would give you an increase of about $900, where the $20 Saint Gaudens MS64 would give you an increase of between $1500-$2000.
Think on this for a few days...
Mark Scott, my boss, has his "Solid Six" choices for Numismatic Coins that you should have in your collection. I will be talking more about those in the days to come so keep checking back.
In the mean time have a great afternoon,
Kimberly
Friday, October 1, 2010
The Gift of Gold!
If you had bought that "Gift of Gold" say in an ounce your gift would have grown by approx. 30% today, only a year later...Hmm wonder what we should give this year as gifts for the holidays?
More food for thought...enjoy your weekend!
Kimberly