GoldStandard.TV You never know what silver coins you will meet on the road of Hyperinflation

27Jan/15

Chinese Coin Building, Currency Warring States

This building has the shape of old chinese money. It has the round shape and round hole.
The name of this building is Gwang Zhou Circle Building.
Chinsese old copper money had the other shape. That's the Round edge and suare hole coin.

But,

In their Warring States period, they have the knife shape, shovel shape money and so on.
It has round edge and round hole in it. This is the Round-Round coin, Circle in circle coin.

Anyway, china had the past with their own shape. Circle means also the unit of Chinese money.
It seems Chinese people would like to make new currency which is resembled their past currency.

We live in the New Currency Warring States.

26Jan/15

Nice Junk Silver Deal with friend

He bought 90 percents US constitutional coins at melt value from his friend. His coins are circulated silver. But He obtained them at the silver spot price.
Coin dealers of his friend wanted to buy this silver coins below the spot price. But he refused to sell. And finally his friend bought them.

12Jul/13

Silver coins in Book

How many coins in this book? Nine.
If you hide so many silver coins in this book, it will be heavy. So theives can find easily your precious silver.

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10Jul/13

South Korea Central Bank don’t make coins anymore

One of official from SKCB told They are planning to stop issuing coins.
They have issued 500 Won, 100 Won, 50 Won, 10 Won.
Termination of all these denomination is very odd.
Sevral months ago Canadian Mint terminated their 1 penny coins. But South Korea Central Bank means the termination of four dinominations of coins.

It seems that South Korea is preparing Currecy Reformation(Redenomination) once more. They are now testing the reacts of their people.
South Korean government did the job(CR) three times. That reformation made huge inflation like hyperinflation.
They seems to change their coins with another names of denomination like 'Jon' not 'Won'.
Denominations of S.Korean Money are from 10 Won to 50,000 Won now.

6Jul/13

How to buy silver rounds from Craigslist

He called the seller on Craigslist and negotiate the price. He meet the seller at Starbucks.
He check almost everything. He weighed the silver rounds and tested by his magnet.
Prettty good deal I think.