Market News

Fugio Cent Obverse Side

Understanding the Early Ideals of the Nation with the Fugio Cent

Market News, Rare Coins |
The Fugio cent offers insight into the psychology of the nation in its earliest days. The design was the work of Benjamin Franklin and represents two key ideas that seem to be ever-present is his work and life: dedication to one’s business affairs and an unwavering desire to remain productive. The coin was minted from copper and was developed when the Congress of the Confederation authorized the design. Production lasted for only one year in ... >> Read More        
S.S. Brother Jonathan ship

The Wreck of the Brother Jonathan Still Keeps Its Secrets

Market News, Rare Coins |
On a Sunday morning in 1865, a paddle steamer called the Brother Jonathan departed Crescent City Harbor, California. The ship was the idea of Edward Mills from New York. His original aim was to create a route from New York to Chagres, Panama. This was to be the first of a two-leg trip. After reaching Panama travelers could continue, via another ship from Panama to California, which was attracting people from all over the country ... >> Read More        
The Uniquely American Appeal of the $3 Indian Princess

The Uniquely American Appeal of the $3 Indian Princess

Rare Coins |
In 1854 the U.S. Mint's chief engraver, James B. Longacre, reached a milestone in his career. For the first time, he would choose the design for a piece of currency: in this case the three-dollar gold coin. Much of the currency up to that point favored designs that referenced the Romans and the Greeks. However, Longacre decided to go in a different direction. He wanted to choose something that was closer to the American identity ... >> Read More        
Stella's Lofty Purpose (And Scandal)

Stella’s Lofty Purpose (And Scandal)

If you've ever traveled abroad, you understand the hassle that comes with changing currencies. In 1877, John Kasson, wanted to change that. Kasson, a congressman from Iowa, was appointed as the Envoy Extraordinary and Minister Plenipotentiary to the Austro-Hungarian Empire. In his foreign travels, Kasson lamented the difficulty in exchanging U.S. currency abroad. The $4 gold Stella coin was his proposed solution. Who knew then, a coin with such lofty international commerce goals would fall ... >> Read More        
Market Insights from Behind-the-Scenes at a National Retailer

Market Insights from Behind-the-Scenes at a National Retailer

By Mark Ferguson Mark Ferguson is the editor and publisher of CAC Market Values. He has graded coins professionally for PCGS and served as the principal market analyst while managing updates for more than 65,000 price points for Coin World magazine. In other words, Mark knows his coins! Demand for investment-grade rare coins has surged since the coronavirus pandemic and economic crisis began six months ago; and this demand has been strong for CAC coins.  ... >> Read More        
The Controversy Over the VDB Lincoln Cent

The Controversy Over the VDB Lincoln Cent

Throughout history only a few men rose to such prominence to be instantly recognized by their initials. Oh, there's a few of course. Like FDR, JFK and LBJ. Within the numismatic world, expert collectors instantly recognize the initials VDB. Who is VDB? Victor David Brenner. If you haven't heard the story, pour yourself a cup of tea and settle in for a treat. Born Viktoras Barnauskas on June 12, 1871 in Shavli, Lithuania, Brenner immigrated ... >> Read More        
The Uncertain Path to the Barber Quarter

The Uncertain Path to the Barber Quarter

Charles E. Barber, the sixth Chief Engraver of the United States Mint, set out to design a set of coinage consisting of a new dime, quarter and half dollar. While the coins would ultimately carry his name (“Barber coins”) he decided to invite artists to submit designs for the new pieces. Artists were asked to submit models in low relief for judging. Barber’s guidelines were more stringent than those of previous competitions. He required that ... >> Read More        
This Coin Is Hard To Find

This Coin Is Hard To Find

If you collect rare coins, you are probably familiar with the Winged Liberty Head Dime, popularly known as the “Mercury” Dime. The U.S. mint struck this beloved coin from 1916 until 1945. This is one of the most popular and iconic coins that numismatists acquire for sets. Easy availability of most of the years is one reason that even beginning collector will reach the satisfying goal of owning a Mercury Dime set. Within the Mercury ... >> Read More        
The Role of Rare Coins in Your Portfolio

The Role of Rare Coins in Your Portfolio

Many numismatists acquire rare coins for their rich history, exquisite beauty and absolute uniqueness. Owning early U.S. American gold and silver coins opens a window to a bygone era in history and invites exploration of the exciting years as our nation developed. Once you begin learning about rare coins, the interest, love and appreciation for this unique asset class grows stronger. Beyond the pure aesthetics of rare coin ownership, there is proven historical research that ... >> Read More        
The Nuanced Appeal of the 1873-S $20 Open 3

The Nuanced Appeal of the 1873-S $20 Open 3

The California Gold Rush changed the firmament of American life. Nearly 300,000 people came to the state seeking to stake their claim and pull new found wealth from the ground. However, this adventurous spirit precipitated some serious problems. Many indigenous populations were forced off their lands by opportunistic “forty-niners,” a reference to those flocking to California during the peak of the gold rush in 1849. In fact, the gold rush was so momentous that its ... >> Read More