Market News

Introduction Every so often, a coin comes along that feels more like a secret than a piece of currency. The 1870 $3 Gold Coin is one of those secrets, a golden whisper from a bygone era when America was expanding westward, railroads were weaving the nation together, and gold was still king. Today, it stands…

Gold demand just hit a new record high for the third quarter at 1,313 metric tons, the highest quarterly number on record, the World Gold Council said. Demand for gold is rising just as the U.S. paper money supply reaches a new record high. Total investment demand for gold climbed 47%, demand for gold bars…

Chinese coins present one of numismatics’ most rewarding categories – and one of its most challenging. Spanning more than two millennia, it ranges from cast bronze cash coins and imperial silver issues to modern Panda bullion that rivals Western standards. For collectors, this depth offers genuine opportunity but also significant obstacles: unfamiliar scripts, overlapping reign…

Fed Cuts Interest Rate in Data Drought Just like a pilot flying a plane through a blizzard in white-out conditions, the Federal Reserve is making interest rate decisions blindfolded. Fed officials lack fresh economic data, because of the government shutdown. Today, amid the data drought, Fed officials voted 10-2 to cut its official interest rate…

A coin born of dust, distance, and scarcity In the late summer of 1849, the Great Salt Lake Valley was hungry for a medium of exchange that wasn’t barked bargains or paper promissories. Mormon Battalion veterans and prospectors had brought home glitter from California, merchants and tithing offices had bins of raw dust, but not…