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Author Topic: Making your own coins  (Read 9328 times)

The_Phoenix

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Re: Making your own coins
« Reply #15 on: September 15, 2006, 05:54:21 am »

Thanks for the nice data on the hand stamping of coins. That is interesting.

The secret to not having to remint all the time is just to use weight instead of $ denominations and not to ever fix $ value and gold together like the US did historically.

Gordon
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RidleyReport

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Re: Making your own coins
« Reply #16 on: October 07, 2006, 07:08:36 pm »

There's an old rule I've been taught the hard way:  Never go out and try to build a new building when the old one is barely in use.


There are hundreds of different kinds of gold and silver bullion coins out there. I wouldn't waste money and effort making new ones.  I'd concentrate on buying/selling/spending/promoting the ones that are already available.    You could start by paying your family and friends with them and accepting them back, which has worked well for me and even made me a quick profit.
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