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Showing posts with the label nashville coin and currency

Old Gold, Good Value

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Once carried as everyday pocket money, then recalled from individual ownership by the government in 1933, these "relics of the past" often represent great value in today's gold market. Gold & Silver have been used as money around the world for over two thousand years and have recently experienced an overwhelming resurgence of interest as the premier store of value as central banks, other nations and people around the world move to de-dollarize their financial holdings.  The writing is on the wall and it doesn't look good for the US Federal Reserve Dollar.  And good riddance, these Federal Reserve Notes are neither Federally issued, nor are they truly Constitutionally valid, but that's a story for another article.   Our point today is to explore Pre-1933 US Gold coins, and in particular, the $5, $10 and $20 denomination coins.  Certain dates & mintmarks can be quite rare and special, but an amazingly large number of these issues trade for just a few perce...

Paper Currency FAQ's

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 Paper Currency Frequently Asked Questions Over the years, we received numerous questions about paper money, often the same questions are asked, so here's a few of the most popularly asked questions about Paper Currency: I have a bill with a star in the serial number.  Why is it there?  Is it valuable? Notes that have a star in the serial number are there to notate that it is a reprint of a note that was damaged during original printing. They reprint the serial number of damaged sheets/notes so that they can keep the accounting straight.  Current US currency notes are printed at the Bureau of Engraving & Printing in either Washington DC or Fort Worth Texas, and while they are printed at US Government facilities, they are actually the property of the privately-owned Federal Reserve System that has a "license" to control our money supply.  Because billions of currency notes are printed, mistakes are bound to happen and lots of Serial Numbers need to get reprin...

Our Office Location, Maps & Info

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Nashville Coin & Currency, Inc. www.NashvilleCoin.com Our office is located at 213 Overlook Circle, Suite B-1, Brentwood, Tennessee 37027 Our regular office hours are Monday-Friday from 10:00am to 5pm. Due to our frequent nationwide buying trips and our active daily schedule,  we work by appointment.    Here's a map with our office locations shown, an Overlook Circle closeup map, as well as a view of the office's exterior.  Click on an image to see an expanded view of it. The street marquis signage at the office entrance where you turn in is abbreviated for security. It shows:  B-1 Mike Mouret NCC Contact us today for your appointment, we look forward to seeing you soon.     213 Overlook Circle, Ste B-1, Brentwood, TN 37027

Tennessee Now Has A Sales Tax Exemption on Precious Metals!

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 Great news for Tennessee buyers of precious metals, the Tennessee House and Senate have passed a recently resurrected and amended Bill to allow a Sales Tax Exemption on Coins and Precious Metals. Governor Lee signed the Act on May 27, 2022, and the Act took effect immediately upon his signature.  Here's what the new law looks like: A big THANK YOU to Rep. Bud Hulsey and Sen. Frank Nicely, the bill's initial Sponsors. Both of these men have been supporting our fight for an exemption for the last decade! Additional thanks to these bill co-sponsors: Senators Sutherland, Crowe, Bowling, Lundberg, Rose, Stevens, Walley and Watson AND Representatives Lamberth, Weaver, Gant, Sherrell, White, Crawford, Hazlewood, Ragan, Eldridge, Lafferty, Hawk, Terry, Jerry Sexton, Grills, Vital, Zachary, Doggett, Powers, Todd, Haston, Cepicky, Jernigan and Tim Hicks

Popular Gold Bullion Items

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  Here's an overview of our best selling gold bullion items. Canadian Gold Maple Leaf Issued since 1979, this coin is 24k pure gold to a fineness of .9999  It's available in five sizes: 1oz, 1/2oz, 1/4oz, 1/10oz and 1/20oz. The Gold Maple Leaf is exceptionally popular and is traded all throughout the world.  Americans like them because Canada is a trusted neighbor and the coins are denominated in Dollars.  Being 24k pure gold, these coins are especially popular in the Orient as the Asians typically don't buy bullion coins that contain any alloy.   Starting in 2015, the Royal Canadian Mint implemented several anti-counterfeiting features in the Gold Maples.  The radial lines running throughout the background is notable, but also note the micro-printing of the issue year inside of the miniature maple leaf next to the large maple leaf.  Because the Maples are pure 24k gold, they are soft and should be kept in their protective sleeves to prevent scrat...

As published in Nashville Christian Magazine Dec 2010

Gold hits $1400 per ounce. Less than a dozen years ago, gold was trading at a multi-decade low of $260 per troy ounce. The events of September 11, 2001 set into motion a series of events that can be traced as the origin of today’s world record price of $1,400.00 per ounce. Up over $300 per ounce in the past year alone, and with recent actions and announcements by the US Federal Reserve, it seems that gold wants to test even higher levels. $2,000 gold anyone? Gold was up over 25% in the last year. Is this normal? Will it continue? We get questions like these every day, but polish our crystal ball as we may, no magic answers appear! But what we do know is that like any other commodity, the price of precious metals is cyclical and runs in phases. For many of the years between 1982 and 2002, the price of gold hovered consistently in the $400 range. Boring and almost lifeless, often called “a relic of the past”, gold was looked down upon by the mainstream investing media. But...