Description: A GREAT BULLION BUY: .....................As the pictures show an HUNGARY 1897 20 Corona-BU GOLD-Emperor Franz Joseph I-AND MINTED FOR CIRCULATION--A Rare actual older dated GOLD coin--not a re-strike -A worldwide recognized coinYOUR COIN IS NOT A RANDOM DATE. IT IS ENCASED IN OUR TAMPER-PROOF, INFORMATIVE, PROTECTIVE, IDENTIFIABLE AND SIGNATURE AUTHENTICATED BY A COIN JUDGE, COIN HOLDER. -- ...196 AGW. … we pay s&h. The Austro-Hungarian Empire adopted the gold standard in 1892, and with that move the empire introduced various gold coins into circulation. In a few months this coin gave way to volumes of fiat currency needed to finance World War One. After the war fiat currency depreciated to worthlessness. Gold coinage saved lives. Thank You: From my lifetime of experience as a coin dealer and hard-asset financial consultant and my research as author of the comprehensive best-seller: “Fiat Paper Money the History and Evolution of Our Currency©”. You have taken the first step toward understanding your money. Prepare Now: The value of our fiat money is changing fast. It buys less and less than ever before, and soon the basic unit—our dollar—will buy close to nothing. Only a few people voice concern. In the hundreds of currency collapses and hyperinflations I have examined, experts convincingly assure the people, "it can't happen here." The same expert opinions circulate widely today. I don't claim to be an expert or a prophet. But in my business, I have become a student of transactions of silver and gold coins. Thousands of old invoices with figures and signatures dating back to the 1960s clearly show how prices for those very coins have increased well over fifty-five fold. All I offer are my humble observations on the current evolution of our fiat money. To ignore the incontrovertible facts seems to me to be foolhardy. One must consider that our entire culture has been conditioned to believe that our money can and should lose value over time. Our psychology has changed to the point where we don't demand accountability for the loss of value. And there is no stop-gap for a sudden and total collapse of purchasing power. Dire consequences await the unprepared. © R. T. FOSTER FOSTER CONSULTING--MONEY & VALUE2189 BANCROFT WAYBERKELEY, CALIFORNIA 94704For 9 decades I have been buying and selling coins.Book is available on E-bay. Not only is Mr. Foster’s subject one of crucial importance; he states his case clearly, drawing on a wealth of primary and secondary sources, touching upon many diverse cultures, from the Chinese to the European to the North American. His professional familiarity with all types of currency and coinage grounds the book, making it refreshingly free of airy theories and complicated jargon, accessible to any intelligent reader. His style is brisk and lively, enriched by the author’s own varied life experience. It is a subject to be ignored at one’s own peril. I highly recommend it. Dr. Ruth S. Arnon HanhamPhD. HistoryHarvard Univers //// Fiat Paper Money—The History and Evolution of Our Currency
Price: 629.99 USD
Location: Berkeley, California
End Time: 2025-02-02T15:34:51.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Composition: Gold
Certification Number: UNCERTIFIED
Strike Type: Business
Fineness: 0.900
Grade: Ungraded
Precious Metal Content per Unit: Mixed Lot
Brand/Mint: Unbranded
Certification: Uncertified
Modified Item: No
Coin: HUNGARY
Year: 1897
Country/Region of Manufacture: Hungary
Total Precious Metal Content: .196