History Of Gold And Silver Coins

The world's first coins were started to produce in around 600 B.C. by the Lydians. These coins were made of a naturally occuring mixture of gold and silver called electrum.

By about 560 B.C. it was learned how to separate gold from silver, and so the world's first bi-metallic coinage was created.

Silver Denarius

During most of the Roman Repuplic the Roman coinage consisted of the aureus (gold), the denarius (silver), the sestertius (brass), the dupondius (brass), and the as (copper). The silver denarius coins was used as the main coin with a few gold coins.  After Julius Ceasar's death gold coins took over the Roman coinage system made it have mainly gold coins and some small bronze coins.

886 the Royal Mint was founded and in 1279 it moved to the Tower of London, where it remained for 500 years. Producing coins of the realm in the 16th century. In 1717 they moved the silver Pound to gold standard. In 1816 The Royal Mint acquired a powerful new steam powered coin presses and the modern sovereign was created.

During the first world war banknotes were brought to regular circulation and soon the use of gold coins stopped. By 1933, almost all gold coin production had stopped in the world, only a few coins were issued and most of those were commemorative, historical, or Medallic issues. After the first wolrd war, some countries started to issue gold coins again. These coins were created for the purchase of investors and for the citizens to offer a safety from the currency fluctuations.

Presently many countries issue gold and silver coins for sale to collectors and now with the plummeting value of dollar, gold and silver coins are starting to come back to circulation. Lawmakers in United States are starting to pass bills to make gold and silver a legal form of currency. Just last year Utah legalized gold and silver coins as a legal tender. Recently South Carolina was given the green light to use silver and gold as real money, a bill was passed to legalize it.  The 12 other states are also looking at gold and silver as an option for new currency.

PS. Want to start your own collection of coins? Check these out!

Airsoft

As a kid I always used to play with sticks, pretending they were swords or guns. I would have war with my friends, shooting at them with a stick and screaming "you're dead!". Of course this usually resulted in everyone arguing about who shot first. Then when I got older I started airsoft.

Airsoft is basicly the same as these war games I used to play as a kid, but taken to the next level. Airsoft uses real looking replicas of modern and historic guns, that shoot 6 millimeter plastic pellets. Getting hit with those pellets can be painful, but atleast you can tell that you have been hit. Unlike paintball where it can be seen if someone got hit, airsoft uses a honesty system where the players yell that they got hit. Cheating does happen occasionally, but most of the players are honest about it.


Airsoft can be a great outdoors activity, running around the bushes shooting at each other with plastic pellets. Sometimes it can get physically demanding when I sprint from cover to cover and the fact that I am usually playing in a valley, meaning that most of the time I'm running up hills.
I would rather be doing airsoft than be on my computer and play first person shooters. Being outdoors and have fun with friends.

Cross-country skiing

The sun is shining and the skies are clear as I put on my cross-country skis and start the 10km trail.  I start the long climb up the snowy mountain. the snow is glimmering in the sun and when I stop it is so quiet that it hurts my ears.
Once I was done 7 km, the trail split into two directions, one went down the mountain back to the parking lot and the other up the mountain for another 8 km. I looked at my watch and decided that I might have time to take the long route if I take the shortcut at 3km up. So I continue skiing up the mountain. I'm glad I chose to take the long route, because once I got to the top of the mountain I got to see the amazing view. I could see the beautiful Okanagan lake and the towns surrounding it.

Then it was time to go down the steep hills. Going down was very fast and I flew off the trail a few times. Finally I made it to the bottom, at some point I had missed the shortcut and had to do the whole trail. so I actually did the whole 15km trail.

It felt really good doing cross-country skiing again, I hadn't done it in years. Also it was nice to get out of the routine and go enjoy the nature.

Silver

As the economy is keeps getting worse and the world currencies are losing their value, people are starting to lose faith in paper currency and starting to buy gold and silver. Gold and silver are a great way to secure the value of your money, because their value has never been $0.

Price of silver to rise?

Historically the price relationship between gold and silver has been around 14:1. Currently, the ratio is 53:1. If gold reaches $10 000 per ounce like many are forecasting, that would mean that silver could reach as high as $700 per ounce if we apply the historical relationship. Also silver is well on its way to becoming the rarest metal of them all. This is because silver is crucial as an industrial metal. Everything from DVDs and cell-phone batteries to electrical motors and super-conductors all require silver to function. And every time it's used, it's gone forever.

 Buying silver

Silver can be a great investment and is not too expensive to buy unlike gold. A traditional way of investing in silver is by buying physical bullion bars and coins. These can be bought at a low percentage over spot price. Another way to invest in silver is by buying numismatic coins, popular among many for their rapid increase in value. The most popular coins bought are the one ounce 99.99% pure Canadian Silver Maple Leaf and the one ounce 99.93% pure American Silver Eagle.

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