Precious Metal & Rare Coin Market News

Though often overshadowed by other famous shipwrecks, the Nuestra Señora de la Concepción is one of the most significant Spanish galleon discoveries of modern times. In 1641, this treasure-laden ship departed from Cuba only to be overtaken by a powerful hurricane, scattering its cargo across the Silver Shoals. This article delves into the rich history of the ship, with a focus on Nuestra Señora de la Concepción shipwreck coins, including: Intriguing historical facts about the ... >> Read More        

Precious metals prices soared higher in 2024, with gold and silver both showing 25%+ gains since January. After gold hit a new record high above $2,780 in late October, the precious metal slid lower, pressured by a rising U.S. dollar, profit-taking by short-term traders and on the news that U.S. presidential election would not be contested. If you haven't been watching the price of gold closely, you probably missed this latest dip in the price ... >> Read More        

Much of the time, gold steals all the headlines and the spotlight. But, there is another precious metal in the background—that offers a less expensive entry point for accumulation—yet still offers the same portfolio diversification and risk reduction benefits. That's silver of course. Historically, silver has proven its value during economic and geopolitical crises. In ancient and modern times, silver has acted as a store of value, an asset to preserve and grow wealth, a ... >> Read More        

The Nuestra Señora de las Maravillas sank in 1656, taking with it a magnificent trove of Spanish colonial wealth. Over centuries, the Nuestra Señora de las Maravillas shipwreck treasure has unveiled spectacular artifacts. These finds offer a vivid glimpse into the opulence of Spain’s Golden Age. Here, we will focus on the coins found among the wreck, highlighting: The historical significance of the pieces recovered from the Maravillas wreck The remarkable preservation state of many ... >> Read More        

There's a reason that collectors—even beginning numismatists—go after the satisfying goal of sourcing and owning an iconic Mercury Dime set—it's fairly easy to complete. The cost can range from about $2,500 up to nearly $850,000, depending on your budget, your goals and the grades you choose. Q. Why should you consider building a set of Mercury dimes? A. It's exciting and can be profitable too. Many collections of rare coin sets have sold as a ... >> Read More        

In 1974 in Dallas, a successful real estate developer named Mack Pogue brought home a gift for his 10-year-old son Brent—a bag of Lincoln wheat pennies. Mack had bought the bag of coins from his brother Jack for $100 and wanted to encourage an entrepreneurial spirit in his son. So, he gave his son Brent an "option" to buy the bag of pennies from him for $110 within one week. Brent dutifully took the bag ... >> Read More        

U.S. Treasury bonds have long been seen as the gold standard for safety. In times of financial crisis, war and recessions, investors around the globe turned to the perceived safety of U.S. Treasury debt. After all, Treasuries are backed by the full faith and credit of the United States federal government. Simply put, our government has promised to pay back lenders with interest. Yet times are changing. Analysts at Bank of America recently raised this ... >> Read More        

Fed Cuts Interest Rates for Second Time in 2024 As expected, the Federal Reserve delivered its second interest rate cut of 2024 on Thursday. The central bankers updated their policy statement saying: "The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance." The Fed cut its key interest rate by 0.25 percentage points to 4.50-4.75%. How did markets react? Gold traded $32.50 higher Thursday afternoon at $2,703.30. Silver also ... >> Read More        

Americans across the nation were sitting on the edge of their seats waiting for results on election night. We didn't have to wait long. In the wee hours of the morning Wednesday, the AP called the election for Donald J. Trump after it became clear he won enough of the key battleground states to tip him over the 270 Electoral College votes needed to clinch the victory. Republicans also gained control of the U.S. Senate ... >> Read More        

With gold up 31% since the start of the year, you may be curious, what do professional money managers think of gold and its outlook ahead? Barron's recently published its exclusive Big Money Poll: What's Ahead for Stocks, Bonds and the Economy and money managers articulated the case for gold. With many money managers voicing concern that the stock market is overvalued with the S&P 500 currently trading at 21 times 2025 estimated earnings, above ... >> Read More