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Gold Coins as Money

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alexander01 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote alexander01 Quote  Post ReplyReply Direct Link To This Post Topic: Gold Coins as Money
    Posted: 17 Jan 2012 at 1:08pm
Coins are a convenient way of using gold as money, although central banks also store much of their gold reserves as gold bars, which are also money. For over 2,000 years most coinage systems used gold for their higher value coins, usually along with silver and copper coins also, as gold is too valuable to be useful for low denomination coins.
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jewelerinhouston View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jewelerinhouston Quote  Post ReplyReply Direct Link To This Post Posted: 30 May 2012 at 9:25pm
hi friend.............
                         although central banks also hauch of their gold bars. which also money  as gold is too valuable to be useful for low coins.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jewelerinhouston Quote  Post ReplyReply Direct Link To This Post Posted: 04 Jun 2012 at 3:33am
This may provide a lot of money.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jewelerinhouston Quote  Post ReplyReply Direct Link To This Post Posted: 05 Jun 2012 at 2:09am
This may provide a lot of money.
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Goldinvestment View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Goldinvestment Quote  Post ReplyReply Direct Link To This Post Posted: 22 Jun 2012 at 1:37am
It Will provide us higher value gold coins as money and it's too valuable to be useful for low denomination coins.
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michaelmcdonald View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote michaelmcdonald Quote  Post ReplyReply Direct Link To This Post Posted: 28 Feb 2013 at 2:18am
Gold is always kept as a reserve in stead of the paper currency by governments and individuals. Gold has a value of its own and can be converted in to cash whenever required.
Gold and silver are the best investments in the present times. It is a currency which can be used anywhere in the world.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote MatthewPompa Quote  Post ReplyReply Direct Link To This Post Posted: 08 May 2013 at 10:15pm
Well, I believe gold coins make good investments which can be redeemed at a time of crises or as and when required. Gold coins as money is an understatement.
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maidmarion View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote maidmarion Quote  Post ReplyReply Direct Link To This Post Posted: 28 May 2013 at 4:33am
May month is better for invest in gold.
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