Eldora Gold Spanish Coins Value Retention – Escudos Vs. Doubloons

Eldora Gold resources latest article info on gold investment - Spanish gold coins pieces present some of the most fascinating examples of coin minting industry of the Old World that had existed centuries before the US started minting its coins. Spanish gold coins were often depicted in multiple movies and novels in association with pirates, lost treasure and sunken ships. The Spanish gold coins fascination continues up to this day not only due to their pure gold content, mintage and amazing history behind.

Eldora Gold Resources tips on Spanish gold coins value retention. It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

Initially, Spanish gold coins named Doubloons were made by hand using primitive methods and manually sized to a specific weight by actually cutting pieces off already made coins. This method gives them characteristic odd rough shape that is especially prized among old gold coins collectors. The smallest fraction of Spanish gold doubloon is one Spanish escudo, the escudo denomination doubles creating two, four and eight escudo coins respectively.
Doubloons Spanish gold coins were mostly in possession by Spanish noblemen and otherwise richer layers of population and are not as heavily worn in comparison to Escudos. Therefore, the actual Doubloons value by far exceeds the value of Escudos. In the modern world of coin trading, the terms escudos and doubloons are sometimes used as synonyms to describe any Spanish old gold coins. The average price for the oldest Doubloons eBay gold coins can very often be in the thousands of dollars depending on their grade and year of mintage.
If you decided to add Spanish old gold coins to your numismatic collection, take care to only purchase coins from respectable and well-recognized coin dealers that can provide certified old gold coins or shipwreck salvaged coins with proper documentation. Increased popularity of old Spanish and French gold coins along with any other historical rare coins attracts a lot of dishonest coin dealers who mislead coin collectors into buying coins for more than they are actually worth. If you are not a numismatic expert, the general rule is to stay away from historical gold coins and choose certified gold bullion coins to ensure their authenticity and decrease investment risk.

Eldora Gold Boiler News: Potterton Promax combi boilers and Multifit GasSaver aids Aster Group crack the Code in Bristol

Eldora Gold Boiler News – Installation of Baxi Group high efficiency boilers, incorporated with novel Multifit GasSaver heat room recovery devices, has allowed Aster Group to successfully meet Level 3 of the Code for Sustainable Homes on its Narroways Road development in Bristol.
Aster Group who own and manage about 17,000 inexpensive homes in the south west and central south of England has currently opened its Narroways Road system. Built by the Leadbitter Group, Narroways boasts of 12 new two-bed apartments, five retail units and eight houses. For this affordable development, Leadbitter Group specified Baxi Group’s Potterton Promax 28 HE Plus Combination boilers that includes Multifit GasSaver units in the flats to meet the necessary SAP rating and attain Code Level 3.
Meeting SAP economically to attain the right Code Level should be balanced with the need to give an efficient, suitable and high quality heating and hot water solution for a certain project. The Potterton Promax Combi boilers along with GasSavers offers the best solution at Narroways Road. The tenants are familiar with the combi boiler and how it works, and the GasSavers depends on the boiler’s own high efficiency to deliver much better performance. This guarantees that system specification, operation and installation are as uncomplicated as possible.
The Multifit GasSaver can decrease the gas used to heat water by up to 37% annually and is listed as a certified technology under SAP Appendix Q and endorsed for use by the Energy Saving Trust. It is placed neatly between the boiler and its flue, recycling the heat from the flue gases that would otherwise be expelled into the air and wasted. Then this heat is utilized to preheat water coming into the boiler from the cold mains supply.
Potterton Promax 28 HE Plus is a compact, combination boiler that is SEDBUK Band A rated, that has 91.4% operating efficiency. Simple and fast to set up, it has superb flow rates and comes in 24, 28 and 33 kW outputs. Other advantages include built-in frost protection, a range of flueing selections, an optional wireless room thermostat and a pump which automatically runs every 24 hours to keep itself in its optimal condition.
The Multifit GasSavers and Potterton boilers were installed by local supplier M G Plumbing. The Narroways Road development officially opened on July 2, Friday.

Eldora Gold Boiler News: Potterton Gold product range expanded

Eldora Gold Boiler News – The famous Potterton Gold boiler range has been extended to include system and heat only models, and a combi boiler dedicated for LPG. The latest Gold Cylinder completes the collection.
From the success of the Potterton Gold Combi HE, a 2010 Which? Best Buy, the latest products offer installers a high quality choice of products appropriate for virtually every application.
The Potterton Gold System HE comes in outputs of 24, 28 and 18 kW, has SEDBUK 2005 rating of 91.2% and is NOx Class 5 (the highest). It is available with a one piece pre-plumbing jig and integral filling loop to make installation simpler and quicker, saving both money and time.
Flexible and compact, the Potterton Gold H heat only boiler is small enough to fit in an ordinary kitchen unit. It comes in outputs of 18, 24 and 15 kW and is modulating fully to ensure first-rate fuel efficiency. To save even more time installing it, there is no wiring between the boiler and the pump.
The Potterton Gold range of unvented cylinders are intended to complement the latest range of boilers. It comes in capacities of 300, 250, 210, 170, 150, 120 and 100 litres that’s why there is a model for every heating system.
The cylinders, which are approved by KIWA, have a stainless steel inner vessel and thermoplastic coating to guard against corrosion and prolong life expectancy. They are insulated with a 50mm layer of polyurethane CFC-free foam, providing enhanced heat loss performance. They are easy to maintain and install with all the connections and controls easily accessible at the front. The coil-in-coil heat exchanger guarantees quick heat recovery and better efficiency.
The Potterton Gold range of heat only, system and combi boilers are all SEDBUK 2005 <90% efficient and are backed by a 2-year warranty. The Gold Cylinder has a 25-year warranty on the stainless steel vessel and one-year parts and labour warranty. All warranties are subject to registration and annual service, where suitable.
For more information please visit http://www.pottertongold.co.uk/ or call 0844 871 1560.

More Reasons to Be Bullish on Silver: Eldora Gold Resources News

Eldora Gold Resources Canada News - We once had an ongoing series in BIG GOLD called, "1001 Reasons to Own Gold." The idea was that there were so many valid reasons to own the metal that I wanted to track and report on them. If you've been invested in the precious metals arena, you know there have been a myriad of bullish indicators for silver this year as well.

Here are a couple new reasons to own silver that a lot of mainstream investors probably aren't aware of…

Due to increased demand from industry and investors, silver exports from China are expected to drop about 40% this year. And that's actually an improvement; customs data show exports plunged almost 60% through the first eight months. China exported about 3,500 metric tons of silver in 2009, but has exported only 970 tons through August of this year.

Eldora Gold Resources Canada News - What a lot of Westerners don't know is that China ended export "rebates" two years ago to stem the shipment of natural resources leaving the country. As a result of the regulation, silver exports decreased in 2009 but are nothing like what they're experiencing this year. In other words, the large drop in exports is a direct result of a huge increase in demand within China itself. According to one Chinese banker, the spike in demand is coming from all areas – jewellery, investment, and industrial. In his words, it's led to a "physical market shortage in the Far East."

How important is this? China is the world's third largest producer of silver (after Peru and Mexico), so the amount of silver coming to the global marketplace this year will drop by more than 74 million ounces. This represents roughly 8.3% of total annual global supply from 2009. If worldwide demand continues at its current pace, where is the extra metal going to come from? This alone tells us the price of silver will move higher.

Eldora Gold Resources Canada News - The next item I sleuthed out was that the US Mint is expected to release a new five-ounce silver bullion coin this year, the first ever. The coin will be three inches in diameter and have a composition of .999 fine silver.

I've read the five-ounce bullion coins will be near-exact replicas of the America the Beautiful quarters. There will reportedly be five different designs, and the mint plans to produce 100,000 of each. I can't wait to see them.

The coins will be classified as bullion, meaning they should be available to the same dealers already authorized by the mint. This will likely create excitement in the silver market, especially when you consider its affordability. At $23 silver, the five-ounce bullion coin will cost $115, plus premium. One ounce of gold runs $1,340 as I write, while five ounces will cost you $6,700 plus commission.

Eldora Gold Resources Canada News - Perhaps most bullish is the fact that silver is vastly underpriced when compared to gold. Look at it this way: gold is currently priced 57% above its 1980 nominal high of $850; silver would have to more than double to reach its 1980 nominal high of $48.70. And that's excluding any inflation-adjusted calculation. Yes, silver's spike was partly a direct result of hoarding by the Hunt Brothers, but my question to the sceptics is this: what's keeping us from seeing similar stockpiling today? What if there are several Hunt Brothers out there?

It's true that central banks don't buy and store physical silver, so one source of demand that's common for gold isn't present for silver. But let's keep things in perspective: demand for all forms of silver is rising, and we see no reason the trend won't continue. And with indicators like decreasing supply from China and increased attention from a new bullion coin, I say the big picture on the silver price is extremely bullish.

This silver sleuth says; buy some silver on the next dip. There are lots of reasons you won't regret it.

Disclosure: No position. About the author: Jeff Clark is Editor of BIG GOLD and Explorers’ League at Casey Research (http://www.caseyresearch.com).

Barrick Gold Achieves Record Q3 Profit as Gold Prices Rise: Eldora Gold Resources News

Eldora Gold Resources Canada News - Barrick Gold (NYSE:ABX), the world's largest producer of the yellow metal, posted a record profit for the third quarter, as lower-than-expected cash costs and higher gold prices boosted overall production.

During the period, the company recorded net income of $837 million, or $0.85 per share, from a loss of $5.4 billion, or $6.07 per share, in the year-ago quarter, when the company had $5.7 billion in charges related to the elimination of its gold hedging program.

Adjusted for one-time items, profits rose 75% to $829 million in the third quarter, or $0.84 per share, beating analyst expectations of $0.76 earnings per share.

Sales also jumped 40% to $2.8 billion in the period, compared to $2.0 billion a year earlier.

Eldora Gold Resources Canada News - Barrick said that its better-than-expected results were primarily a result of the company's third quarter gold production of 2.06 million ounces, ahead of target on account of lower total cash costs of $454 per ounce, and strong performance at its new Cortez Hills mine in the North American region.

In a statement, the company said its cash margins have reaped the benefits of rising gold prices and lower cash costs, increasing 52% to $783 per ounce. The realized gold price for the quarter was $1,237 per ounce, 27% higher than the prior year period.

Full year gold production is on track, Barrick added, expecting between 7.65 to 7.85 million ounces of gold at total cash costs of about $455 per ounce. It also anticipates producing about 360 million pounds of copper at total cash costs of $1.10-$1.15 per pound, in line with the original guidance.

Eldora Gold Resources Canada News - The giant gold producer expects that its Pueblo Viejo project in the Dominican Republic will begin initial production in the fourth quarter of 2011, while its Pascua-Lama property on the border of Chile and Argentina is on track to enter production in the first quarter of 2013. The company is targeting growth in gold production to 9.0 million ounces annually within five years once both these project come onstream, it said.

Based on the third quarter results, Barrick announced that its board has authorized a 20% increase in fourth quarter dividends to $0.12 per share. At quarter-end, the company had a whopping $4.3 billion in cash and $1.5 billion in undrawn credit, with $3.1 billion in net debt.

Barrick, from its properties across North and South America, Africa and the Australia Pacific regions, has gold reserves of 139.8 million ounces, plus measured and indicated gold resources of 61.8 million ounces and inferred gold resources of 31.6 million ounces.

Eldora Gold Resources Canada News - The company's closing price yesterday was $46.94, up from its 52-week low of $36.01.

Disclosure: No position. About the author: Proactive Investor . Proactiveinvestors is a group of financial websites producing news, comment and analysis, and interviews covering a wide range of subjects across North America, Europe, Asia and Australia.  

Eldora Resources - Buying and Selling Gold: Avoid Cash for Gold Scam Adverts

Eldora Gold Resources on Buying and Selling gold - If intending to buy or sell gold, then consider the need to analyse carefully cash for gold type adverts before selling gold to such a buyer.

It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

The recent economic downturn has seen a plethora of TV adverts offering to buy gold for cash, the web has also seen a boom in the number of online gold traders in recent years. In many cases however, such TV commercials and online gold traders may only offer a fraction of the value of items, as well as poorer service levels than may be obtained from a reputable gold dealer or jewellery store.

Buying and Selling Gold: The Fair Value of Gold

Those offering a cash for gold service will usually be solely interested in the scrap value of the gold. As such, the fair value of the gold in this case should be assessed on the basis of weight and purity. In order to assess the value of a gold item, one must ascertain the weight of gold in an item. This is done by multiplying the weight of the gold in troy ounces by the purity of the gold.
For instance, two troy ounces of 12 carat gold, which is gold with a purity of 50 percent, would be valued as one troy ounce of pure gold. The value can then be obtained by simply finding the spot rate of gold on the day of valuation, which is quoted in troy ounces.

his however, is only the scrap value of gold. Most forms of gold have an added value through its inclusion in jewellery or as an item, such as a watch. This however, adds no value to the item for the scrap gold trader. If such an item is to be sold, then a much better value is obtainable from a specialist dealer in jewellery or from an auction.

Buying and Selling Gold: Common Scams and Problems

Many cash for gold adverts claim to offer “best prices paid”, in many cases this statement will simply be false. Such a claim can easily be verified by simply finding the spot rate of gold and comparing this to the rate offered by the potential buyer. Whilst it is unrealistic to expect to achieve the spot rate, a traders premium should not be excessive.
Cash for gold adverts often offer a free valuation with the prospect of returning one’s goods, if the offer is not accepted. However, one should check the terms and conditions to ensure that there are no hidden fees. Common hidden fees include charges for postage and packing or so called release fees to return one’s valuables.

Another area to consider is the treatment of an object. This is a special consideration, where items such as watches or jewellery are concerned, there is always a danger that sending away one’s valuables will result in damage to the item, should a return be required.
Finally, even where a scrap gold trader offers a fair price for the gold, in addition to acceptable terms and conditions, consider that one will not receive any value for the artistic or collectible value of a piece sold.

Eldora Resources - How to Avoid Scams when Buying Gold and Silver Coins

 Know Your Dealer, Resist Deals Too Good to Be True and Avoid Collectable Coins

It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

With the rise of gold and silver coins as a hedge against inflation, more people are looking to add precious metals to their savings. However, there are many scam artist ready to take advantage of new buyers. Here's how to protect yourself.

Avoid collectable coins
When you start to buy gold and silver coins, some disreputable dealers will try to sell you collectable gold and silver coins. Usually, these coins cost 50% to 100% over spot. If you are interested in buying silver and gold coins as an investment, then you shouldn't bother with collector coins. And you should not be paying more than 30% over spot price, per ounce.

Avoid people who offer "too good to be true" deals on gold and silver
There is no such thing as a deal when it comes to gold and silver coins. You can not buy a gold nor silver coin for just spot price. And you certainly can not buy a silver or gold coin for under spot price. Anyone who tries to sell you a gold or silver coin for close to spot price is trying to rip you off. Avoid them.

Avoid buying coins on eBay if you are not an expert on detecting fake coins
eBay has many reputable dealers. However, there are many fraud coins on eBay. You are better off avoiding this market. If the gold and silver market becomes overheated, you may find that many dealers will be out of coins. And that the only place that you may find gold or silver coins will be on eBay. Your best move is to simply wait until the coins come back into stock at a reputable dealer. If you end up buying a fake coin on eBay, or get stiffed, you will have a hard time getting your money back.

Stick to U.S. Liberty Eagle Gold and Silver coins if you are new at buying gold and silver coins

There are many fraud gold and silver coins out there. The majority of fake gold and silver coins come from Asia. You can reduce your chance of buying a fake coin by sticking to U.S. Liberty Eagle Gold and Silver coins. Why? Because these are the only coins minted by the United States. And counterfeit gold and silver Liberty coins are investigated by the Secret Service. That makes it more advantageous for criminals to stick to faking non-US gold and silver coins. Yes, you will pay a little more for U.S. Liberty Eagle gold and silver coins, but it will be worth it.

Avoid buying coins at pawn shops if you are not a powerful negotiator
Pawn shop dealers are masters at buying low and selling high. If you are a new gold and silver buyer and you walk into a pawn shop, you will be like a sheep walking into a den of wolves. You are better off to sticking to large gold and silver dealers who have a set above spot price on their coins.

There are many great places where you can safely buy gold and silver coins. My two recommendations are APMEX and Apmex.com and bulliondirect.com. Both companies have been around for over a decade and have a long track record with many long term gold and silver buyers and sellers. With the right kind of research, you will be able to find the best dealer for you to buy and sell gold and silver coins.

Eldora Gold News: Potterton Gold Combi Boiler 24 HE remains a UK Best Buy

Potterton Gold Combi 24 HE is deemed a Best Buy by the top consumer resources magazine Which? for four years in a row. It garnered five-star ratings for easy installation, uncomplicated use, features and NOx emissions, with an total score of 74%.
According to the report, it is very efficient, with hot water output and highly durable. A Which? expert called the boiler “remarkably easy to service with lots of room to work inside the boiler”.
 “We are glad with the current recognition this great boiler is receiving. The Potterton Gold Combi HE is created from high quality components and go through thorough quality tests to make sure that it meets our challenging standards of reliability,” said Paul Haynes, Head of Potterton Product Management.
 “It comes with a pre-plumbing jig, a filling loop fitted as regular and extensive flue options for flexibility of sitting to make the installation simple.”
Potterton Gold Combi HE range is available in outputs of 24, 28 and 33 kW, along with a dedicated 28kW LPG model.
For homeowners, a boiler’s superb energy efficiency translates into lower gas bills and reduced carbon emissions. The Potterton Gold Combi HE range is all Energy Saving Trust Recommended merchandise. A timer is included and the controls are very easy to use. Also, there is a digital display and bright neon lights that shows the boiler’s current operational status. The instructions are also inside the cover of the controls, which is very convenient.

About Potterton

Potterton is a well-known British company with reputable credentials. As a matter of fact, we have a track record dating back for around 150 years, which makes us a trusted name.
Potterton history. For more than 150 years, the Pottertion brand has been committed in providing high quality and unrivalled service in the design and production of boilers. Actually, Potterton has made more than 5 million boilers over the years.

We have brand values in place that are included in the Potterton ethos.

User-friendly. Whether it is for installers, specifiers or customers, we work out problems. Thus, our boilers are easy to fit and easy to use daily.

Reliability. Our name is almost synonymous to reliability which makes it the top reason to purchase Potterton. It applies to all our products, service and staff. In short, Potterton is all about dependability.

Trust. We strive to make it known to everyone that they can depend on us and on our products. We do not make false claims or promises.

Customer-focused. We create products that are essential to people. Our customers are always top priority and our products are too important to work any other way.

Relaxed. We do not create needless fuss for we are decent people to do business with. So whatever you require, you can count on us to listen with an open mind.

Mainstream. We are not niche; we are for everyone. Our services and boilers are intended to meet the needs of just about everyone out there.

Heateam Awarded Field Service Award - Eldora Gold Boiler Reports

We are pleased to publicize that heateam, the assistance department of BDR Thermea, has received the Field Service category of the National Customer Service Awards 2010. Get the most recent boiler technologies from Potterton. Prevent getting scammed, fraud and gotten into speeches of boiler room, on the internet (blank) warning, promoting fake heatem, boilers. Maintain up-to-date on most current engineering information from Eldora Announcement Resources on the internet classifieds.

Heateam overcome other finalists Royal Mail, Thames Water and Rentokil to get the actual prestigious accolade, following a demonstration to the judges to demonstrate how we provide customer service, instruction as well as high quality with enthusiasm, professionalism and passion.

The judges mentioned: "We were fascinated with the emphasis on working together from this entry and how each individual is encouraged to take responsibility with regard to customer service. The result is improved effectiveness for the company and a much better expertise for the client, which is exactly what this award is about. A deserving winner.”

The achievement was announced during the award ceremony in London on 7 December, hosted by comedian Kevin Bridges.  The trophy was presented to John Orris, Field Service Manager, South region.

Lee Robinson, Customer Service Director, said: "Our field service engineers work tirelessly to keep our customers warm and happy.  During a typical day they could be carrying out a routine boiler service, carrying out repairs, working with an installer or contractor to explain our products or just showing the householder how to get the best out of their system.

"They often call when the householder is distressed or even angry, and always endeavour to leave them happy and comfortable.  The recent weather conditions have been very difficult for everyone in the heating industry, and our engineers have been affected by the snow and ice like everyone else.  However, they have pulled together, and worked long hours in difficult conditions, to try and get to people as soon as possible.

"I am extremely proud to add this award to our recent service centre success, where we were ranked seventh in the 2010 Top 50 Call Centres for Customer Service. 

"I would like to thank everyone in heateam for their dedication and hard work in making us the best service provider in the heating industry,” adds Lee.

heateam, BDR Thermea's in-house service division has a national network of over 280 highly skilled Gas Safe registered field service engineers,  They provide service and support for all Baxi, Potterton, Main and Remeha domestic boilers, Heatrae Sadia and Santon hot water products and Valor fires. The Warwick-based service centre is open 363 days a year.

For more information visit the heateam website or call 0844 335 2266.