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United States Constitution Article 1 Section 10:
"No State shall make any Thing but gold and silver Coin a Tender in Payment of Debts".- The views and opinions expressed within this website are personal and do not necessarily reflect those of Numis Network.
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- How To Collect Numismatics (18)
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- Numis Network Coins (41)
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Sheldon Coin Grading Scale:
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Circulated Grades:
P-1 (Poor)
FR-2 (Fair)
AG-3 (About Good)
G-4 (Good)
G-6 (Good Plus)
VG-8 (Very Good)
F-12 (Fine)
VF-20 (Very Fine)
VF-30 (Good Very Fine)
EF-40 (Extremely Fine)
XF-45 (Choice Ex-Fine)
AU-50 (About Uncir)
AU-55 (Good About Uncir)
AU-58 (Choice About Uncirc)Uncirculated (Mint State) Grades:
MS-60
MS-61
MS-62
MS-63
MS-64
MS-65
MS-67
MS-68
MS-69
MS-70 (flawless coin)Proof coins are graded PR60 - PR70 (PR70 is flawless)
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Tag Archives: currency
How Rome Destroyed Itself Through The Debasement Of Currency
How Rome Destroyed Itself Through The Debasement Of Currency Over the course of 750 years within the Roman empire, various leaders debased the empire’s coinage to pay for war and social programs which in turn lead to uncontrollable price inflation … Continue reading
Posted in Precious Metals Information
Tagged currency, gold, hyperinflation, precious metals, silver
2 Comments
How Great Civilizations Fall By Debasing Their Gold And Silver Money
How Great Civilizations Fall By Debasing Their Gold And Silver Money Gold and silver became money around 680 BC in Lydia and was minted into coins of equal weight which made trade much easier than bartering. The first free market … Continue reading
Posted in Precious Metals Information
Tagged currency, gold, money, precious metals, silver
4 Comments
How Currencies Are Created
How Currencies Are Created Fiat currencies (currency with no asset such as gold or silver backing it up) do not last very long. Throughout the history of man, most societies start out with a highly valued commodity such as gold … Continue reading
Posted in Precious Metals Information
Tagged currency, money, numis network, precious metals
14 Comments
The Battle Between Fiat Currency And Precious Metals
The Battle Between Fiat Currency And Precious Metals You feel it when you go to the gas pump, grocery store, or pay your utility bills. It is something that has been happening throughout history in every civilization. It … Continue reading
Currency Versus Money
Currency Versus Money When someone hands you cash, you presumably think of it as money as do most people. Cash, however, is not money. Cash is actually a currency or a median of exchange that we use to purchase something. … Continue reading