by Elizabeth Thomsen Coin collection is one of the most prevalent and widespread collecting hobbies in existence. The hobby of coin collection is very old, and perhaps one of the only hobbies that can make you rich (however, the probability is very small). Hobbyists collect coins for a wide variety of reasons. Some collect coins for the aesthetic appeal of different coins, and their engraving artwork [...]

by DavidErickson The first gold coins in the United States were issued back in 1795. The Unites States Mint set the value of the U.S. Dollar at 24 grains of gold. The value was based in accordance with the world price on the precious metal, which at that time was .39 per troy ounce.

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