Prospecting for gold is the exploration of new gold or gold deposits. The method and resources used by the prospector will depend on what type of deposit the prospector is seeking to find. This endeavor is mainly done commercially however; in a few developed countries prospecting for placer gold has become a popular recreational activity. If you were in search for gold nuggets the best places to look would be places where gold nuggets have been found before. A number if people prefer to pan for gold by bridges where gold bearing streams flow under them. Others hunt for gold in the wild … [Read more...]
Famous Types of Gold Coins
November 15, 2010 by
Coins are commonly scattered all over the house and it is not uncommon for us to find a stash of old coins hidden in one of our closets. Unknown to some of us, some old coins can be worth a lot of money. The problem is that not everyone can recognize famous types of old coins that are very valuable. Some can be worth thousands of dollars if they are sold at auctions. There was even an instance when a woman from the United States earned nearly $100,000 after selling a stash of old coins she found hidden in her garage. Had she not known the value of those old coins, she might have just put them … [Read more...]
Liberty $20 Gold Coins
November 15, 2010 by
The American Double Eagles were well known as the gold pieces representing American wealth for 84 years with their usage in large transactions as one would with money. But today, the US $20 gold coin holds only intrinsic and personal value for its owner. You can still find a sample of this gold coin in the US Smithsonian National Collection that was produced in 1849. It was only in 1950 that these coins were produced for circulation as currency; this first batch was known as ‘No Motto’ or Type One. Since then, many variations have been minted. Each $20 gold piece today holds its own … [Read more...]
The Story of the Twenty Dollar Gold Coin
November 15, 2010 by
In October 2010, gardeners discovered buried American gold coins in an east London garden. Archeologists were astonished to find that the gold coins unearthed were the popular American twenty dollar gold coins, also known as the “Double Eagle”, dating from 1854 to 1913. They are said to have been minted in San Francisco and Philadelphia. They were displayed in the Museum of London in October, shortly after being unearthed. Their estimated value is hundreds of thousands of dollars. Twenty Dollar Gold Coin a.k.a. Double Eagle The twenty dollar gold coins are perhaps among the most famous … [Read more...]
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