Precious Metal & Rare Coin Market News

1857 Flying Eagle

Copper Shortage Paves Way for Small Flying Eagle Cent

Market News, Rare Coins |
The Flying Eagle Cent, a perennially popular coin among collectors, has its origins in a copper shortage in the U.S. in the 1850s. While copper has a rich history and was first used in coins around 8000 B.C.—in the United States in the 1850s—copper mining had yet to reach its heyday. Compare these numbers for perspective. In 1845, copper production totaled a mere 13 tons in Michigan (the largest copper producer in America at the ... >> Read More        
1884 Indian Head

How to Identify Rare Coins: Your Ultimate Checklist

Market News, Rare Coins |
Stumbling upon a potentially rare coin unexpectedly can be thrilling for collectors. Nevertheless, discerning rarity is no easy feat. This determination hinges on various factors that necessitate going beyond surface assessment, prompting a nuanced exploration of the coin's characteristics. This article aims to answer the question “How do you find out if you have a rare coin?”, focusing on: Signs for spotting rare coins. Illustrative cases of rare coin identification. Tips for owners of rare ... >> Read More        
Atocha Shipwreck

The Intriguing Story Behind the Nuestra Señora de Atocha Coins

Gold, Market News, Rare Coins |
Of the many shipwrecks in history, the Nuestra Señora de Atocha stands out as one of the most important because of its remarkable legacy. This renowned vessel's tale of loss and rediscovery has captured the imagination of countless adventurers, historians and numismatists alike. Among its treasures, the Atocha shipwreck coins hold a special allure that this piece will explore, delving into: The history of this Spanish galleon. The significance of the coins recovered from the ... >> Read More        
Ancient greek coin

The World’s 8 Largest and Most Famous Coin Hoards Discovered to Date

Market News, Rare Coins |
Avid coin enthusiasts will undoubtedly be familiar with the euphoria of stumbling upon a rare piece. This feeling, however, pales in comparison to the exhilarating sensation of unearthing an entire coin hoard. These hoards narrate captivating stories of bygone eras, encapsulating fortunes and monetary relics carefully preserved through time. This article explores the most renowned coin hoard discoveries globally, including the largest coin hoard ever found in the US, focusing on: The practice, history, and ... >> Read More        
2024 Presidential Election buttons

Presidential Election 2024: It’s the Economy, Stupid

Gold, Investment, Market News |
Back in 1992, the U.S. was mired in a recession. Bill Clinton was mounting a presidential campaign to take the White House. And, incumbent president George HW Bush was seen as out of touch with the needs of everyday Americans. A Clinton advisor became famous for the phrase: "It's the economy, stupid." Indeed, the Clinton campaign highlighted the failing economy at every turn and won the White House, perhaps in part due to that strategy ... >> Read More        
1923 Halfpenny

The Most Valuable Australian Rare Coins List and Value

Market News, Rare Coins |
While the United States stands as a pioneer in numismatics, boasting a treasure trove of incredibly diverse rare pieces, the global landscape of rare coin collecting extends far beyond its borders. Venturing into international numismatic territory, this piece aims to provide readers with a most valuable rare Australian coins list and value insights, highlighting: Noteworthy high-value Australian coins. The historical and cultural nuances of these iconic coins. Prime online sources for the best quality rare ... >> Read More        
Gold bars and gold coins

Gold Hits New Record High in March. Here’s Why

Gold, Investment, Market News |
The price of gold climbed to a new all-time record high in March. Voracious buying from Chinese citizens and expectations for Federal Reserve interest rate cuts in the back half of the year helped fuel the latest run-up in gold. Also, investors around the globe continue to pile into safe-haven assets like precious metals to protect themselves in a world increasingly filled with military turmoil, economic instability and political uncertainty. Gold extends its record run ... >> Read More        
1884-S Morgan dollar

5 Key Date Morgan Silver Dollars

Market News, Rare Coins |
1884-S Morgan dollar 1889-CC Morgan dollar 1893-S Morgan dollar 1895 Proof Morgan dollar 1903-O Morgan dollar The Morgan silver dollar set is one of the most collected series of coins ever produced by the U.S. Mint. Yet, for serious collectors finding a key date coin to complete their Morgan dollar set can be an elusive and difficult challenge. Key date coins represent a date or a date and a mintmark in a certain series. Key ... >> Read More        
Fed

Fed keeps rates at 23-year highs, gold surges

Gold, Investment, Market News |
Fed Sees Three Rate Cuts in 2024 The Federal Reserve kept its key interest rate unchanged at Wednesday's meeting, but signaled that three rate cuts are still expected in 2024. That leaves the Fed’s benchmark rate at a 23-year high of 5.25% to 5.5% for the fifth meeting in a row. Deciphering the Fed's "dot plot." The Fed released its latest rate cut projections, a chart known as the "dot plot." Officials kept their forecasts ... >> Read More        
1884 Indian Head Cent

1884 Indian Head Penny: A Tangible Piece of Early American History

Market News, Rare Coins |
During the economic chaos of the Civil War, Americans hoarded any precious metal they could find. Even copper-nickel one-cent pieces virtually disappeared from circulation. The U.S. government came to the rescue with the Act of April 22 and authorized a new thin, bronze version of the Indian Head penny. Indian Head pennies are an iconic, classic early American coin coveted by collectors. Minted from 1859 through 1909, Indian Head cents surged in popularity in the ... >> Read More