Precious Metal & Rare Coin Market News

1854 Type 1 Gold Dollar Obverse Reverse

The Gold Dollar: An Early American Currency Workhorse

Market News, Rare Coins |
Throughout the history of civilization, gold has served as money – longer than any other material. In the early days of our union, the American government worked to create a gold dollar as a unit of currency. Indeed, as early as 1791, Secretary of the Treasury Alexander Hamilton first called for a one-dollar denomination gold coin. Yet, it took our young nation 58 years to actually mint the one-dollar gold coin. Finally, with the Act ... >> Read More        
1908 Saint Gaudens Double Eagle Obverse Slab

Gold and Gold Bugs

Market News, Rare Coins |
In March 1933, the Federal Reserve Bank of New York could no longer honor its commitment to convert paper money to gold and FDR declared a banking holiday. FDR issued an Executive Order requiring all Americans to surrender all gold owned by them to a Federal Reserve bank and prohibited the private holdings of all gold coins and bullion. President Roosevelt ordered Americans to sell their gold back to the government, or face jail time ... >> Read More        
The Modern Look of the Braided Half Cent

The Modern Look of the Braided Half Cent

Market News, Rare Coins |
The Braided Hair Half Cent is one of the most collectable coins ever issued by the US Mint. The coin, first minted in 1793, was the smallest denomination ever minted and is part of a series consisting of five major types and subtypes which are each part of a series of varieties. This vast array presents collectors with an opportunity to own a diverse set of coins that are all within the same family. The ... >> Read More        
Few Collectors Have Ever Seen This Rarity

Few Collectors Have Ever Seen This Rarity

Market News, Rare Coins |
Have you had a chance to see an 1830 Quarter Eagle?  Because the mintage of these great American coins was very small (4,540) and because many were melted down for their gold content, it is estimated that very few remain today. The Quarter Eagle made its debut in 1796. Of the 10 denominations authorized by Congress in 1792, it was the last to be minted and only in small quantities. When introduced, the quarter eagle ... >> Read More        
Defining a Nation Through the Imagery  of the Liberty Cap Half Cent

Defining a Nation Through the Imagery of the Liberty Cap Half Cent

Market News, Rare Coins |
The US Mint issued their first half cent coin starting in 1793. Minting continued until 1797 at the Philadelphia mint. Henry Voigt, who served as the Chief Coiner of the first United States Mint, engraved the coin, however, experts are unclear on whether or not he designed the piece. Voigt’s contribution to US currency is just one of his many ventures. Voigt built steam engines, worked as a clock-maker, and even manufactured mathematical instruments. He ... >> Read More        
How Early Commerce Started with Mormon Gold

How Early Commerce Started with Mormon Gold

Market News, Rare Coins |
Many people believe the U.S. government was the first organization to mint gold mined in California. In truth, this historical touchstone belongs to Salt Lake City, Utah. The origin of this story, however, does not begin in Salt Lake City. Instead, it starts in San Diego during the Mexican-American War. This was the destination of the Mormon Battalion. During their march some members of the battalion traveled north and eventually started working for James Marshall ... >> Read More        
The Star of Any Collection

The Star of Any Collection

Market News, Rare Coins |
In the 1870's, several nations began advocating for the creation of a universal coin that could be used in international trade. The idea gained traction in 1879. That year, John A. Kasson, the U.S. envoy to Austria-Hungary proposed a U.S. $4 gold coin, which would state its metallic content in the metric system to make it simpler for Europeans to use. The proposed $4 coin would roughly equate to the value of the Spanish 20-peseta, ... >> Read More        
Press Release: Blanchard Built Zito Family Collection Results in two auction records being shattered!

Press Release: Blanchard Built Zito Family Collection Results in two auction records being shattered!

Market News, Rare Coins |
NEW ORLEANS, LA, April 6, 2022 – Blanchard and Company, the nation's leading tangible asset firm, made numismatic history again following this week's public auction of the Zito family collection. Included were two 1907 $10 Indian pieces that shattered previous auction records.  These coins, an NGC MS68 1907 $10 Indian Wire Edge and a CAC PCGS MS67 1907 Rolled Edge, both sold at nearly double their previous record highs. Over an eight-year period, Blanchard advised ... >> Read More        
"Pikes Peak or Bust!" This Coin Captures Heart of Colorado's Rich Gold Rush History

“Pikes Peak or Bust!” This Coin Captures Heart of Colorado’s Rich Gold Rush History

Market News, Rare Coins |
After the panic of 1857, many Americans eyed the West as an opportunity to achieve financial security. In 1858, the Colorado Gold Rush began with over 100,000 people flocking to the Rocky Mountain region. "Pikes Peak or Bust" was a common refrain among the early prospectors, in reference to the imposing mountain in the Colorado Front Range. In the early days of the Colorado Gold Rush, money was scarce. The prospectors paid merchants for goods ... >> Read More        
The Enduring Appeal of the 1862-S Seated Liberty Dime

The Enduring Appeal of the 1862-S Seated Liberty Dime

Market News, Rare Coins |
The Seated Liberty images were one of the most enduring in the history of US coinage. This design appeared on the half dime, dime, quarter, and half dollar between 1836 and 1891. The Seated Liberty image also appeared on the silver dollar from 1836 to 1873. The design was the work of Mint engraver Christian Gobrecht. He served as the third Chief Engraver from 1840 to 1844. His engraving work started before he was employed ... >> Read More