Thursday, October 25, 2007

Top 10 Rare U.S. Coins

Why do people collect coins and why are they deemed valuable aside from them being simply cash? Every single coin gives us a fascinating historical record and a unique story. Just by looking at a coin's design, mint mark, condition and composition,one can glimpse into history and a better understanding of the past.

Some people collect coins in the hope that they will appreciate in value. Some coins have intrinsic bullion value (such as silver, gold and platinum coins). Others become valuable because they are rare.

Coin collecting, one of the oldest hobbies, was once practiced only by kings and the wealthy. That's why coin collecting is often called the "king of hobbies" and the "hobby of kings." Today, there are millions of coin collectors in the United States alone. The thriving coin-collecting community, which includes clubs throughout the United States provides numerous opportunities for collectors to meet and trade.

The first United States coins were copper cents, which were struck at the Philadelphia Mint in 1793. At that time, production was manually intensive and the coins were struck one at a time. Today, about seven hundred coins can be produced in one minute.

Shown below are the top 10 rare coins in the United States.


10
1943 Copper Penny
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The Second World War meant big rationing on copper, and the US Mint was no exception. Most wartime pennies were instead made of a brass-steel alloy, except for a few struck from the outlawed bronze (a copper alloy). The difference: the common brass version will stick to a magnet, while the bronze won't - it could be worth big bucks.

(Mint - a place where coins of a country are manufactured under government authority. Today, United States Mint facilities in Philadelphia and Denver produce all U.S. circulating coins.)


9
1776 Silver Continental Dollar
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Not long after the signing of the Declaration of Independence, the new United States Congress decided to assert its freedom by striking the first true American currency. The design, usually attributed to Benjamin Franklin, is a whimsical motif including the words "fugio" (time flies) and "mind your business," along with thirteen interlocking rings representing the colonies. Many were struck in pewter and a few dozen remain, but the silver version is very rare.

8
1866
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This famous silver coin, owned by the DuPont family, was the target of a heist in 1967 and only recovered just a few years ago. Just a few denominations, and probably only the one duPont dollar, were produced without the classic "In God We Trust" motto in 1866. According to some sources, it was upon special request from a collector and friend of mint executives, a pharmacist who provided opium to the workers in return.

7
Almost Anything from 1870
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...or more specifically, from 1870 and created in San Francisco. Three of the most coveted collector coins - the 1870-S Half-Dime, 1870-S Silver Dollar and 1870-S Gold $3 coin (the S stands for the mint city) - come from the year when construction began on a new mint in San Francisco. Just a few coins in those denominations were produced that year, most of which were destined to be embedded in the foundation's cornerstone.

6
1913 Liberty Head Nickel

This five-cent piece is a numismatic legend. Despite being retired in 1912, five nickels with the "Liberty Head" design were struck in 1913 and came into the possession of one man. The collector started a rumor about their existence, driving up the value of the nickel if one was ever found but neglecting to mention he had all five. They were sold a few years later and, in a recent change of hands, one was valued at 3 million dollars.

5
1974 Aluminum Penny

With the rising price of copper, in the early 1970s it almost cost as much to make a cent as the penny was worth. The US Mint tested alternatives, like this aluminum penny that was sent out to VIPs as a sample, and then never recouped.

4
1861 Confederate States Half-Dollar
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The New Orleans Mint came under the control of the Confederate States in 1861, but without a reserve of precious metals, the South chose paper money instead of coinage to support their war efforts. The few Confederate cents and half-dollars that were struck were virtually unknown until they began popping up in private collections after the Civil War.

3
The Brasher Doubloon
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Before New York adopted the new constitution in 1789 it, like other states, had the right to issue its own state coinage. Goldsmith Ephraim Brasher got one of those contracts, to mint copper coins, but it appears he largely ignored that material and went on to produce several very artistic gold specimens for reasons unknown. Just seven of these unique coins are known to exist.

2
1804 Draped Bust Dollar
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When the Jackson administration, in 1834, wanted to dole out coin sets to foreign dignitaries, there was a problem - silver dollars hadn't been pressed for thirty years, to combat a rash of counterfeit schemes. The mint was ordered to press eight silver dollars for the occasion and they were dated 1804, the only dollar coins that would ever bear that year. Today, each has a value of over one million dollars.

1
1933 Saint-Gaudens Double Eagle
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In 1933, with the Depression in full swing, President Roosevelt took the country off the gold standard and recalled all gold coins for melting. About a dozen never made it back to the mint or were smuggled out again by enterprising employees, including this one, which resurfaced in 1992 and was confiscated by the Secret Service. In 1933 it had a face value of $20; in 2002, it was sold at auction for over 7 million dollars.

Source: Live Science



As seen with the collection of the top ten rarest United States coins, we had a journey to the past. Not only do pictures or documents live an imprint on the past, coins too, and even gems. Like diamonds, when extensively studied, we learn more about the past, the time when none of us were even living in this planet yet. Let us treasure these relics of history because they are not only records of the past events, but they are also constant reminders of how the world and everything in it, went through life's journey full of obstacles, thus giving us what we have today.

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--My Life Is Beautiful













Thursday, October 18, 2007

Graff's - Home of the Finest Diamonds

House of Graff, the producer of the most fabulous diamond jewelry in the world, has been fittingly known for their celebrated stones with outstanding properties - brilliant, rare, and exceptionally crafted. Graff's notable clients comprise of the usual rich and famous - world's royalty, heads of state, and Hollywood stars. It has received numerous accolades, including the Queen's Award, one of the most prestigious awards given to an enterprise.

As most of us know, a diamond's structure, hardness, brilliance and brightness are unrivaled by any other stone known to man because it was formed millions of years ago in the earth's core and it was able to withstand the very long journey to this day. That is the reason why these stones are of such high value.

Below are some facts about the House of Graff and information about their exquisite diamonds.


- Laurence Graff - founder of the House of Graff, also hailed as the 'King of Diamonds'. The jewelry house's own history, which goes back to over three brilliant decades, is just as fascinating as its diamonds.

- The Lesotho Promise - of exceptional color - rated D, the top color for diamonds, this 603-carat stone was discovered at the Letseng Diamond Mine in the Maluti Mountains of Mokhotlong district, North of Lesotho, a kingdom surrounded by South Africa. It is said to be the biggest diamond found in 13 years, and was bought by Graff for a whopping $12 million! The stone went under the hammer at the Antwerp diamond center and are now being studied by Graff's experts. It will take at least a year before it will be cut and polished into brilliant diamonds. It ranks as the 10th largest white diamond ever found.

- The Graff Vivid Yellow - Discovered as an exceptional rough crystal of 190.72 carats, this stunning rock was of such exceptional color that it had to be sent to the Gemological Institute of America (GIA) to verify if it was entirely natural. The challenge for Graff was to preserve the splendid color with a magical weight of 100 carats. It had to undergo a rigorous process lasting over 9 months in which the 190.72 carat rough crystal was expertly transformed into a magnificent polished diamond of 100.09 carats of startling, vivid beauty.




- The Paragon - Sourced from an isolated region in Brazil, this rough diamond of 320 carats took endless months of work before its full glory was finally revealed. A perfect cut and flawless quality has endowed this 137.82 carat diamond with a startling brilliance. It has been certified as a "D color and internally flawless' stone by the GIA, with a statement that it is the largest 'D' flawless diamond they had ever graded.
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- The Star of Lesotho - Hailed as the 'Most dazzling 'D' color heart shape diamond', it weighs 53.11 carats and was recently sold by Graff. It was 123 carats in the rough, when it was discovered in the Letseng diamond mine in the Maluti Mountains of Mokhotlong district, north of Lesotho. The painstaking process of cutting and polishing this stone was undertaken by a team of Graff's experts at its factory in Antwerp.
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- The Golden Star - Weighing over 101 carats, this fancy, vivid yellow, cushion-cut diamond was an astonishing 204 carats in the rough when discovered in the famous Finsch Mine located in the Northern Cape in South Africa. The cutting and polishing was done partly in the Graff factory in Johannesburg and thereafter entrusted to skilled master cutter at the Graff workshop in New York.

- The Graff Legacy - As a vertically integrated company, Graff directly sources diamonds from mines across the world, after which its skilled workers expertly cut and polish the precious stones at its famed workshops. Selecting only the finest and most superior stones, Graff executes lavish, extraordinary jewelry collections that one can cherish for a lifetime and pass on to the next generation.

- Each of Graff's diamonds is laser inscribed on the girdle with the Graff logo and GIA identification number, an inscription visible, only under 10 point magnification. Every diamond over one carat is accompanied by a GIA certificate verifying its cut, clarity, color and carat.
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Source: AME Info
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Discover the compelling power of Graff's creations at Graff showrooms conveniently located in Burj Al Arab, Saks Fifth Avenue - Burjuman Centre and Wafi City. See the finest and most exquisite array of the earth's most enduring and valuable stones - DIAMONDS.

Also view another entry in our official blog which is related to this article. http://blog.jewelrydays.com/2007/08/king-of-bling.html

And of course, Jewelry Days' website (link below) for various choices of jewelry and accessories. We offer diverse types of stones, may it be our blog's topic which is diamonds, or gemstones such as sapphires, amethyst, ruby, pearls, and more, in yellow, white, or rose gold, platinum, and others. Take a look at your options. Enjoy!

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--My Life Is Beautiful














Tuesday, October 16, 2007

A Whopping 9,999 Karat Wedding Gown




We have heard about many thousand dollar wedding gowns worn by the rich and famous. But get this. This wedding gown is not just like any other bejeweled dress, but it is bearing 9,999 Karats or about 2 Kilograms of gems!

The wedding dress was put on sale yesterday, October 15th, at a jewelry store in Shangrao in eastern China's Jiangxi province.

A report says it is a work by a well-known Hong Kong jewelry designer.

The sky-high price has raised many eyebrows. Admirers said the dress was astonishingly beautiful, but they thought no one would make the bold purchase.

Alright, I won't keep you waiting anymore, I intended to put the price at the end for the suspense. :) And.. drumrolls please.. Its price tag reads 999,999 yuan / 132,902 U.S. dollars.

Now, let us see who the lucky..and of course, very rich bride will be, she who will march the aisle with this 9,999 Karat wedding gown.


Source: Xinhuanet

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--My Life Is Beautiful

Friday, October 12, 2007

National Breast Cancer Awareness Month


National Breast Cancer Awareness Month (NBCAM) organization is comprised of several national public service organizations, professional medical associations, and government agencies working in partnership to build breast cancer awareness, share information and provide access to screening services. NBCAM is a year-round resource for patients, survivors, caregivers and the general public.

Since its beginning more than 20 years ago, NBCAM has been dedicated to increasing awareness of breast cancer issues, especially the importance of early detection. NBCAM has evolved along with the national dialogue on breast cancer. Many strides have been made in breast cancer awareness and treatment, but even more still needs to be accomplished. We are focused on encouraging women to take charge of their own breast health, by practicing regular self-breast exams, making sure to schedule an annual mammogram, adhering to prescribed treatment and knowing the facts about recurrence.

Source: National Breast Cancer Awareness Month Site

October is National Breast Cancer Awareness Month, and we encourage you to visit the NBCAM site in October and regularly throughout the year so you can see their updates and additional information and resources. Jewelrydays.com also offers accessories which can help us promote National Breast Cancer Awareness Month. Visit our site and see many options such as pendants, earrings, and brooches. Feel good inside and out. Let us support the program.

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http://www.jewelrydays.com/

--My Life Is Beautiful

Tuesday, October 9, 2007

Size Doesn't Always Matter... Record-Breaking Blue Diamond


One of the rarest gems in the world, a flawless blue diamond, has sold for US$7.98 million (3.91 million pounds) at a Sotheby's auction in Hong Kong, making it the most expensive gemstone in the world, per carat, sold at auction. Today, it broke the twenty-year-old world record set by the “Hancock Red” diamond, which fetched $926,000 (£456,000) per carat in New York in April 1987.

Below are other facts regarding the blue diamond:

- The 6.04 carat blue diamond was bought by Alisa Mousaieff of "Moussaieff Jewellers" in London which has a reputation for acquiring extremely rare and costly gemstones.

- The diamond will be brought back to London but not for display to the public. The stone will be locked away in the vaults at Moussaieff Jewellers in Mayfair. Ms Moussaieff explained that it will be shown only to “legitimate hard-nosed business clients”.

- Blue diamonds have long captivated the rich and powerful-- shimmering with a certain dark mystique.

  • The famous "Hope Diamond", a 45.52 carat grey-blue beauty, was passed down through the ages by King Louis XIV of France, Marie Antoinette and American heiress Evalyn Walsh McClean among others. It now rests in the Smithsonian Institute in Washington D.C.
  • The Sultan of Brunei is thought to have snapped up another massive blue diamond when it surfaced briefly on the market in the 1980s.

- Other coloured diamonds with pink and red hues can be mined in multiple locations across the globe including Brazil, India and Australia, but "blues" are mostly found at just one site on earth -- the Premier Mine in South Africa.

- The blue hue is a result of trace amounts of boron in the stone's crystal structure.

- “It’s the colour, the purity and "the life" of the stone. The life of the stone is the water, the shimmer inside the diamond. Its cut and the number of carats may appear on the certificate, but the life you have to see," Ms Moussaieff said. According to her, the rarity combined with the lustre of this particular stone made it irresistible, thus amounting to the very large, record-breaking price.


Source:
Timesonline


Here's a video on the headlining blue diamond:

Blue Diamond Unveiled


As the saying goes, "size doesn't matter", it holds true even to gems like diamonds. What matters is the quality, that is what makes it valuable, and, yes, very, very pricey. Because of its immaculate cut and vivid blue color, this blue diamond beats the world record today at the price of almost $8 million dollars. Watch the video and see how the diamond would actually look, it is sparklingly gorgeous!



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http://www.jewelrydays.com/
--My Life Is Beautiful

Monday, October 8, 2007

Attention: Lingerie Made of Gold!

The Shenyang Cuihua Gold store made the headlines in creating a lingerie made out of pure solid gold, the first of its kind in China. It took four months and four goldsmiths to make this project possible. This glamorous and distinctive lingerie weighs 950 grams. And I'm sorry to let you girls.. and guys know that this piece is definitely not for sale. The store owner made it clear that it is only for demonstration. If they were for sale though, the lingerie would amount to about $26,500.

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Ladies! Do you fancy owning this fantastic piece of art and wearing it? Or to the guys, imagine giving it as a gift to your girl and seeing her wear it. Anybody interested in talking the owner into selling the golden lingerie? Let us know if ever you succeed in changing his mind.



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http://www.jewelrydays.com/
--My Life Is Beautiful

Tuesday, October 2, 2007

Everlasting Gems

Zircon crystals from the Natural History Museum. Diamonds more than 4 billion years old, nearly as old as Earth, have been found in zircon crystals recently uncovered in Western Australia.

FACTS ON DIAMONDS - What we know about them as of now:

* The Earth is thought to have formed 4.5 billion years ago. There would have been a huge amount of heat, explosions and violent activity as the Earth's crust and mantle was created. Any rock or mineral from around this time would need to be very tough to exist unchanged today.

* Zircon - A mineral whose crystals are extremely tough and relatively resistant to melting, so it is likely to hold clues about how the Earth's crust was made.

* Diamonds in Zircon crystals - through further analysis of these crystals, small diamonds were found in them dated over four billion years ago. This is nearly a billion years older than the previous oldest diamonds on Earth and only 300 million years away from the time when the Earth formed.

* New Findings - The research also suggests that the Earth cooled much more quickly than previously thought with the continental crust and oceans forming as early as 4.4 billion years ago.

* Not the Oldest Ones Though - But these diamonds aren't the oldest known. Sara Russell, meteorite and cosmochemistry expert at the Natural History Museum, explains, 'Although the Jack Hills diamonds are the oldest ones known to have formed on Earth, in our collections at the Museum we have meteorites that host diamonds predating even the formation of the Earth.'


Diamonds really are forever. Their resilience to chemical and physical processes means that they have an amazing capacity to survive and tell us about very early events. What fascinating traits of these everlasting gems! Not only are they beautiful and glamorous adornments, pricey at that, but they also give us facts about the Earth's history, which is very useful for our knowledge and understanding on how our planet came to be.


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--My Life Is Beautiful

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