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Jan 28, 2024

G.I. Coins and Galleries News

 

G.I. Coins and Galleries News


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Jan 21, 2024

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Imagine the satisfaction of knowing that your treasured possessions are being sold by experts who understand their true worth. With Consigngig.com, you can trust that your items will be showcased to the right audience and attract the highest bids.

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Apr 25, 2023

Who fired Santa Claus

Photo credit: LuAnn Hunt on Unsplash


Everyone loves Santa Claus especially for the gifts he delivers to the young and old each year.  Santa Claus’s name was derived from Saint Nicholas who gave three gold coins to the father of three daughters to pay the dowry for his daughters to marry. Hence, Saint Nicholas saved these three women from leading lives as harlots. Some people are well into their forties and still find packages under their Holiday tree labeled from Santa. There are many economic forces and individuals who support firing Santa Claus both directly and indirectly. Not only the Grinch!!

 Take for example the expansion of the money supply and the subsequent devaluing of the dollar. This robs everybody of their disposable income including Santa. Some may think Santa operates under the guise of a phantom economy as the Federal Reserve does, churning mountains of alleged debt on individuals, businesses, and governments around the world through impulses in a computer. Not so. Santa operates in a surreal economy but many find real gifts under their tree labeled by him.

 Let us turn back in history looking at a time in Germany’s history whereby they faced hyperinflation as a result of the Versailles Treaty imposed upon them after World War I. It took a wheelbarrow of Marks to buy a loaf of bread at that time and place in history. The wheelbarrow was worth more than the banknotes inside of it. Why? A wheelbarrow is a “real” tool that makes work easier, unlike fiat currency which holds little intrinsic value.

 How much could Santa buy during the Worldwide economic collapse of the “Great Depression?” Not much. People were grateful to have food on the table since many went without it. Santa has more important things to be concerned about than worrying who fired him or plans on firing him.

 For Santa, getting fired is similar to kicking his can down the road. People are upset about it, especially people on the receiving end of his gifts. Sure we can point fingers and sling mud but we are much better off traveling the high road than the low road. The high road postures Santa as a loving person looking to better the lives of others. It transcends the freedoms endowed by our creator and the freedoms upheld by our Bill of Rights.

So even if you don’t receive a gift from Santa this year realize that he loves you very much despite the problems with our economy, the value of the dollar, our supply chain, rising food and energy prices, etc…

Find a way to share the love that Santa had for you in previous years with your friends, family, colleagues, and acquaintances. All it takes is a compliment or a random act of kindness. Aim towards peace, unity, and love even if someone tries to fire Santa Claus again.

 Louis J. Pinga ©

1.877.492.6467 or 1.877.49Coins

Photo credit: Magic of Santa by LuAnn Hunt on Unsplash

 

 

 

 

 

 




 

Apr 8, 2023

The hobby of scripophily


Photo credit: glabarre



Scripophily is the hobby of collecting and studying old stock certificates and other forms of paper securities. The term "scripophily" comes from the Greek words "skripo," meaning to write, and "philos," meaning loving or fond of.

Scripophiles collect these old certificates for their historical and artistic value, as well as for their potential investment value. Many of these certificates are beautifully engraved or lithographed, and they often feature intricate designs, portraits of famous people, and scenes from history or mythology.

In addition to collecting and studying old stock certificates, scripophiles may also research the history of the companies and organizations that issued them, as well as the people who owned and traded them. They may attend auctions and trade shows, read specialized publications, and network with other collectors in order to expand their knowledge and add to their collections.

Scripophily can be a fascinating and rewarding hobby, and it provides a unique window into the history of finance, industry, and commerce.


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Jan 31, 2023

The value of coin collecting




1885CC Morgan Silver Dollar
 
Photo credit: "Courtesy and used with permission, www.PCGS.com and www.PCGSCoinfacts.com."

Coin collecting, also known as numismatics, is the study and collection of coins, medals, and paper currency. It is a popular hobby enjoyed by people of all ages and can offer several benefits, including:

History: Coins are a tangible link to the past and can tell a story about the people, events, and culture of a particular time period.

Educational: Coin collecting can be a fun way to learn about history, economics, and other subjects.

Investment: Some rare or limited edition coins can increase in value over time, making coin collecting a form of passive income or investment.

Social: Coin collecting can be a great way to meet new people and make friends who share a common interest.

Personal fulfillment: Collecting coins can be a source of personal satisfaction and a way to develop a deep appreciation for history and art.

In conclusion, coin collecting can offer many valuable benefits, from educational and cultural pursuits to investment opportunities and personal fulfillment. Whether you are a seasoned collector or just starting out, coin collecting can be a rewarding hobby for years to come.

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Published by Louis J. Pinga, Editor