How You Can Protect Yourself Before The Next Stock Bubble Bursts

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Throughout history, bubbles have formed in stocks, real estate and even tulip markets. Indeed, financial history keeps repeating itself. Bubbles form, grow and then burst with disastrous consequences over and over again.

Investors who are participating in the market run-up typically believe that if anything goes wrong, they can be safely one of the first people out the door. But, since bubbles are fueled by psychology—the fear of missing out—and also greed, getting out at the right time is a challenging maneuver that few succeed at.

There’s an old saying in the stock market, bull markets climbing higher take the stairs, but bear markets that are tanking take the elevator down. When stocks plunge, panic selling drives prices down fast. That makes it hard to get out.

The outcome of a bubble is always the same. Bubbles end badly, with financial losses far exceeding what investors thought could be possible.

Why are some experts sounding the alarm bell right now on stocks? Simply put, market valuations are historically overpriced and overstretched.

At the recent S&P 500 peak, Nobel prize winning economist Robert Shiller’s price/earnings ratio (CAPE) was the second highest ever—going all the way back to 1870.

These are the type of signals that occurred before major stock market plunges, which saw the market dive 50% or more in 1973-1974, 2000-2002 and 2007-2009.

If you have a $1 million stock portfolio—how would you feel if that were cut in half to $500,000 by December 2025?

There is a way that you can decrease your risk before the next bubble bursts.

Increase your allocation to gold right now.

Book some of those profits in your stock market portfolio and use those proceeds to purchase a tangible asset like gold or silver.

Precious metals act as an insurance policy, a hedge against equity market declines and as a vehicle to protect and grow wealth. This paid off for gold investors after the 2008 global financial crisis when gold went from $700 to $1,900 an ounce.

Gold and silver have stood the test of time, providing people for thousands of years with a store of value that not only protects and preserves wealth, but helps to grow it. The great gold rally is far from over. Gold broke records last year and is expected to set new records in 2025.

How much is gold enough? That is a personal question based on your risk tolerance level and there are a range of answers:

  • Billionaire investor Ray Dalio recommends investors to own up to 15% of their wealth in gold saying: “if you don’t own gold, you know neither history or economics.”
  • Research from the well-respected CPM Group stated that over the past 50 years, the best return of a portfolio including stocks, bonds, and gold was for portfolios that had around 25% – 30% of their value in gold.

As the calendar flips to 2025, the stock market rally is frothy and living on fumes. If you take action now, you can protect your wealth before the next stock market bubble bursts. Now’s the time to buy if you’ve been waiting to increase your allocation to gold, with $3,000 an ounce as the next big target on the upside.

Gold’s role as currency and as an asset to protect, preserve and grow your wealth has lasted for centuries and shows no signs of losing its appeal. If you have been thinking about increasing your allocation to gold, there’s never been a better time. It’s easy to increase your wealth protection, why not do it today? When the stock market begins to tank, you’ll be glad you did.

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2024: An Extraordinary Year for Precious Metals

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Gold and silver delivered extraordinary performances in 2024. It was a record-breaking year as gold climbed to multiple new all-time highs throughout the year. Gold’s remarkable ascent to a new record above $2,700 an ounce was driven by multiple factors including central bank buying, geopolitical tensions, monetary policy easing, persistent inflation, and increased safe-haven demand from investors.

Precious metals outpaced returns in most other asset classes. Gold climbed as much as 33% annually through the fourth quarter, while silver gained 29%.

Key Bullion Trends in 2024

Several factors contributed to gold’s stellar performance in 2024 including aggressive central bank buying, geopolitical tensions around the globe, stubborn inflation and monetary easing.

  • De-Dollarization: The geopolitical landscape, particularly actions such as the freezing of Russia’s dollar assets by the Biden administration, prompted countries to reconsider the amount of their reserves held in dollars. This contributed to the increased demand for gold as a secure, long-term reserve internationally.

 

  • Long-term Position Building: Central banks are buying and stockpiling gold, and these are long term positions. This trend emerged amid a fundamental shift in how central banks manage the composition of their reserves. Notably, they are decreasing their U.S. dollar reserves and increasing their gold reserves. Central banks like Russia, along with emerging markets like China, India, and Turkey, have been significant buyers of gold recently. This increase in central bank gold holdings has created a strong stable base for gold prices at these higher prices levels. Central banks are the ultimate buy and hold investors, and tend to hold their assets for decades.

 

  • Geopolitical Tensions: Ongoing conflicts in Ukraine and the Middle East, coupled with broader global uncertainties, heightened gold’s appeal as a safe-haven asset.

 

  • Monetary Policy Shifts: Federal Reserve and other central bank’s interest rate cuts in 2024 boosted gold’s attractiveness. As interest rates decrease, non-yielding assets like gold become more appealing to investors.

 

  • Inflation Concerns: Persistent inflationary pressures in many economies, including the United States, increased investor interest in gold as a method to protect and preserve the purchasing power of their wealth.

 

  • Strong Investor Demand: The record-breaking performance of gold in 2024 attracted more investors into bullion, creating a self-reinforcing cycle of demand. As prices climbed, more investors entered the market, further driving up prices.

Investor Behavior: Fractional Gold Emerged As a Popular Bullion Strategy in 2024

Over the past year, new and seasoned investors actively accumulated fractional gold in a long-term wealth building strategy. There has been significant focus on fractional gold, which is seen as a practical, affordable, and the perfect emergency-use currency.

These smaller denominations of gold, typically weighing less than one ounce, provide a more accessible entry point into the precious metals market. One of the benefits of fractional gold is its affordability. With options like 1/10 oz, 1/4 oz, and 1/2 oz coins investors can build their bullion portfolios on an on-going basis, over time, using a strategy known as dollar-cost averaging.

Another benefit to fractional gold is increased liquidity—as smaller denominations are seen as easier to sell or trade compared to larger coins or bars. This liquidity is a valuable hedge against periods of economic uncertainty or panic—especially as a number of American states advance legislation to recognize gold and silver as legal tender. Already, 12 states have laws on the books that make gold and silver legal tender. Additionally, other states are exploring similar initiatives.

The push for legalizing gold and silver as currency is driven by several factors. Advocates argue that precious metals offer stability in value compared to fiat currencies, which are subject to inflation and economic fluctuations. The growing interest among states suggests that this trend could expand in the coming years as more lawmakers consider alternatives to traditional fiat systems amid economic uncertainties.

Investor Confidence and Wealth Building

Successful wealth building includes taking a long-term view to your investments. As Wall Street legend Ben Graham advised: “The individual investor should act consistently as an investor and not as a speculator.”

Investors are increasingly confident in the stability, peace of mind and wealth preservation opportunities that precious metals offer. Investors view these investments as part of a steady, long-term wealth-building strategy, adding to their portfolios whenever possible. Steady accumulation of bullion has proven to be the most successful approach to building wealth over the long term.

Precious metals have stood the test of time, providing people for thousands of years a store of value that not only protects and preserves wealth, but helps to grow it. The great gold rally is far from over. Gold broke records this year and is expected to set new records in 2025.

If you desire to build wealth for yourself and future generations, Blanchard can help you achieve your goals. Over the past 50 years, we have helped clients invest in American numismatic rarities and investment grade silver, gold, platinum and palladium bullion to protect and grow their wealth. We can help you too.

2024: An Extraordinary Year for U.S. Rare Coins

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The U.S. rare coin market is closing out a memorable year that will go down in the record books. In 2024, the numismatic market surpassed $6 billion in annual total volume. On a global scale, the coin collecting market was valued at $18.1 billion and is projected to climb to $43.9 billion by 2034, with an 8.5% annual growth rate.

In 2024, the American numismatic market  registered a significant pick-up, as overall demand for rare coins rose steadily.

Looking ahead, the rare coin market is poised for continued growth, with supply and demand fundamentals signaling an upward trend in value. As the market expands towards $40+ billion annually in the next ten years, rare coins already in the marketplace are expected to increase in value, driven by the limited supply inherent in the numismatic market. Collecting rare coins has been, and remains, a timeless passion and a prudent investment strategy.

Key Numismatic Trends in 2024

Several notable themes emerged in the numismatic market over the past year.

Tangible Assets Go Mainstream: An influx of new U.S. investors flocked to the numismatic and bullion markets in 2024. Young professionals, in particular, entered the precious metals and numismatic markets, many participating for the first-time. Many of these new investors heard about precious metals and rare coins through conversations with their business associates and friends, as more Americans became comfortable discussing the importance of owning tangible assets.

Increased Inventory Post Covid: A pick-up in transaction activity in the numismatic market occurred in 2024. More rare coins surfaced over the past year after limited inventory during the pandemic and post-pandemic years. In 2024, high-end rarities that emerged from collections for sale, after sitting decades with one owner, were quickly snapped up. As always, when true rarities become available for sale they are placed swiftly and then not seen again for many, many years.

Investors Seeking Diversification and Safety: Investor sentiment focused on economic and political uncertainties, particularly related to the election and long-term financial stability. The recognition that there is no quick fix for the prolonged dollar debasement created the need for sound investment strategies in rare coins and gold.

Generational Wealth Building: A major theme driving investors into coins and precious metals is a desire for a long-term, generational wealth building strategy.

Our Favorite Numismatic Placements in 2024

In the midst of an active year, Blanchard helped thousands of clients put in place investment strategies to preserve, protect and grow their wealth. Here are just a few of our top placements in 2024, including many ultra-rare, capstone coins that rarely surface for sale in the numismatic community.

 

1.1907 $10 Indian Rolled Edge MS65: This coin represents President Theodore Roosevelt’s initiative to beautify American currency, designed by Augustus Saint-Gaudens. It’s historically significant as the first year of issue for this design and valuable due to its rarity and high grade.

2. 1830 $5 Capped Bust MS65: Produced during a period of technological advancement at the U.S. Mint, its rarity and high grade contribute significantly to its value.

3. 1879 $4 Flowing Hair Stella PR66: This dazzling pattern coin was produced as a potential international trade coin. However, the illustrious $4 gold Stella was never authorized for official use in circulation. Its unique $4 denomination and limited mintage make it highly valuable and iconic for collectors.

4. 1863 $10 Liberty Ultra Cameo No Motto PR65: Minted during the Civil War, this coin is an extreme rarity, as only nine or ten are known to exist. Its historical context and high-quality Ultra Cameo finish contribute to its desirability.

5. 1797 $5 Draped Bust 15 Stars AU58: This ultra-rarity is one of the first gold coins ever struck at the Philadelphia Mint for the United States. Today, only a handful of these pieces of American history are known to exist.

6. 1863 $10 Liberty Deep Cameo PR64: This coin is one of the most elusive American rarities in all grades. Civil War era gold proof coins represent a trophy that only a fortunate few are able to claim ownership of. Owning such a coin is indeed a triumph for a collector that now owns a piece of important American history.

7. 1808 $2.50 Capped Bust AU58: This Quarter Eagle is a stunningly beautiful example of early American coinage and is considered one of the most important pieces of early American numismatic history.

8. $5 Bechtler 128 Grain AU58: This legendary, privately minted coin carries with it a rich history of the North Carolina gold rush in the 1820’s, featuring inherent rarity and precious metal value.

9. 1805 $5 Draped Bust MS65: The memorable design, created by Robert Scot, highlights the essence of our young nation’s aspirations and ideals. Its rarity, historical significance and elegant design make it a prized addition to any collection.

10. 1796 $10 Draped Bust AU58: This gold piece is highly prized, due in large part to its original mintage of just over 4,100 pieces. Today, survival estimates for all grades total a mere 150.

Investor Confidence and Wealth Building

Investors are increasingly confident in the stability, peace of mind and wealth preservation opportunities that precious metals and rare coins offer. Investors view these investments as part of a steady, long-term wealth-building strategy, adding to their portfolios whenever possible. Steady accumulation of rare coins and bullion has proven to be the most successful approach to building wealth over the long term.

The rare coin and the bullion markets continues to thrive, driven by increasing demand, limited supply, and a shift in global financial strategies. Investors and collectors alike can find confidence in the historical and financial value that rare coins and gold bring to their portfolios.

If you desire to build wealth for yourself and future generations, Blanchard can help you achieve your goals. Over the past 40 years, we have helped clients invest in American numismatic rarities and investment grade silver, gold, platinum and palladium bullion to protect and grow their wealth. We can help you too.

Want to read more? Subscribe to the Blanchard Newsletter and get our tales from the vault, our favorite stories from around the world and the latest tangible assets news delivered to your inbox weekly.

New Year Means It’s Time to Rebalance Your Portfolio

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If you are like many investors, your portfolio is on cruise control. Consider this: when is the last time you checked your allocation levels between say stocks, bonds, and precious metals?

The stock market posted healthy gains in 2024. But, it’s important to remember those numbers you see on your stock market brokerage account are just “paper gains.” It’s not an actual profit until you exit the investment and lock in the gains.

That’s right. Until you actually hit the button to sell out a portion of your stock position in a “rebalancing” effort, those stock gains are just a paper profit that could disappear fast in the next market swoon or bear market.

Now is a great time to lock in some of those stock market paper profits through rebalancing.

What is rebalancing?

Rebalancing simply means selling assets that have pushed outside of your allocation level. For example, if you planned to allocate 70% of your portfolio to stocks, that amount could stand at 75% now. That means you may be taking on more risk that you intended to.

As John Bogle once said: “If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.”

You will need to rebalance back to your baseline allocation target. It is as simple as selling five percent of your stock allocation and using those funds to add a five percent allocation to precious metals.

While you may still want to have exposure to stocks, adding or increasing your allocation to physical gold can benefit your portfolio over the long-term. You can download an independent research report detailing long-term performance of gold and rare coins here. The results may surprise you.

Rebalancing helps you keep your portfolio on track for your goals and objectives. Rebalancing brings your portfolio back into alignment so you can sleep easy at night.

Why precious metals?

Gold acts as an insurance policy, a hedge against equity market declines and a vehicle to protect and grow wealth. Blanchard recommends that its clients allocate 10-15 percent of their investment portfolios to gold. However, it’s notable that recent research has shown that portfolios with a 30% allocation to physical gold have shown better overall long-term performance. When the equities markets falter, gold performs strongly which is why diversification is important in the first place.

We can help

It may seem like a chore, but taking a few hours to shore up your portfolio may be one of the most important things you do in the New Year. If you want advice or help in the process, one of the Blanchard portfolio managers will be happy to answer your questions and help you devise a strategy appropriate for your personal financial situation and goals. Give us a call today!

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5 Steps to Identifying Rare Sacagawea Coins

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Sacagawea, an iconic figure from the Lewis and Clark Expedition, holds a prominent place in American history and numismatics. Since her image first appeared on U.S. coinage in 2000, Sacagawea dollars have been widely distributed, but not all are created equal. Some stand out as exceptionally rare and highly sought-after by collectors. This piece will answer the questionHow do you know if you have a rare Sacagawea coin?and uncover:

  • A step-by-step guide to identifying rare Sacagawea coins
  • The most sought-after Sacagawea coin variations
  • Where to buy rare Sacagawea coins online

Watch this captivating video to dive deeper into Sacagawea’s remarkable story:

Sacagawea, The True Story – The Lemhi Shoshone Guide of the Lewis and Clark Expedition

How to tell if a Sacagawea coin is rare?

Determining if a Sacagawea coin is rare involves careful inspection of its unique features, production errors, and historical variations. Rare Sacagawea coin value can be significant, as these coins honor Sacagawea’s pivotal role in guiding the Lewis and Clark Expedition, a defining moment in U.S. history.

Coins can gain value due to their scarcity, specific minting anomalies, or limited-edition designs. These are the key steps to identifying rare specimens, ensuring you know what to look for in your collection.

1. Inspect for errors to spot a rare Sacagawea dollar coin

Minting errors often create the most valuable pieces in numismatics. What makes the Sacagawea coin rare often comes down to these distinctive production flaws that escaped quality control.

Start by using a magnifying glass under bright, natural light to examine every detail of your coin. Common valuable errors in Sacagawea dollars include doubled dies, where design elements appear duplicated; off-center strikes, where the image isn’t perfectly centered; and missing edge lettering.

Pay particular attention to Sacagawea’s face and the eagle on the reverse – these detailed areas often reveal the most notable errors. Specific areas to examine include feather details in Sacagawea’s hair, the baby’s features, and the flowing design elements.

2. Analyze the finish to find a rare Sacagawea coin

One of the answers to the question “What to look for in a rare Sacagawea coin?” is surface quality. The U.S. Mint issued several distinct finishes, with proof and satin finishes being less common than the standard circulation finish. Proof coins are known for their mirror-like fields and frosted design elements, while satin finishes offer a soft, smooth appearance. These collector-grade versions are rarer than business strikes, making them more valuable.

Examine the coin’s luster, which should have a consistent golden sheen without discoloration or spotting. Contact marks, especially on high-relief areas like Sacagawea’s cheek or the eagle’s wings, can reduce value. A coin with its original mint luster intact is much more desirable.

3. Check mintage numbers for a valuable rare Sacagawea coin

While many collectors focus on finding a rare 1-dollar coin Sacagawea is on, true rarity often lies in a specific year. Some years saw significantly lower mintage numbers, making those coins harder to find and more valuable.

Start by checking the mint mark to identify the coin’s production location and year. Certain years were only issued in special mint or proof sets, never making it into regular circulation. Also, coins minted at the Philadelphia (P) or Denver (D) facilities can have large differences in availability. Keeping a mintage guide is helpful, as it reveals patterns of scarcity.

4. Identify special editions of your Sacagawea rare coin

Special editions and commemorative versions of coins often carry premium value. For example, what makes the 2000 Sacagawea coin rare often relates to specific variants produced that year. One significant variety is the 2000-P Cheerios dollars, included in specially marked cereal boxes as a promotion. These early strikes show subtle die differences in the tail feathers of the eagle, distinguishing them from regular issues.

Beyond the 2000 releases, look for burnished versions, enhanced uncirculated specimens, and proof strikes. Some years featured signature sets including coins with special mint marks or distinctive packaging.

5. Examine the edge for Sacagawea dollar coin rare traits

Another answer to “How rare are Sacagawea coins in my collection?” lies in the coins’ edges. The standard edge should display a distinctive golden color with reeded patterns running perpendicular to the coin’s face.

While most Sacagawea dollars feature standard reeding, certain errors resulted in missing or doubled edge details. Look for signs of incomplete reeding, unusual spacing, or missing sections. These can indicate valuable strike errors.

Use a magnifying glass to examine the edge under strong light, rotating the coin slowly to catch any irregularities. The metal composition should appear uniform. Any separation or peeling could indicate a rare plating variation.

The Sacagawea coin: Rare exemplars

First minted in 2000, the Sacagawea dollar has become a significant part of U.S. numismatic history. While many Sacagawea dollars are common, a select few stand out due to their rarity, errors, or special design features, making them highly sought-after by collectors. Below are five rare examples that highlight the fascinating variations in this coin series.

1. A rare Sacagawea coin (2000 P) with a special status

When it comes to rare Sacagawea coins selling for $5,000 or more, the 2000-P Sacagawea Goodacre Presentation dollar must be mentioned. A unique special-strike coin designed by Glenna Goodacre, this coin was part of a limited mintage given to the artist as payment for her design work.

These coins feature an unburnished finish and were struck with great care, distinguishing them from regular circulation strikes. Only 5,000 of these coins were minted, and they remain highly sought-after due to their pristine condition and connection to the artist.

Sacagawea Goodacre Presentation Dollar

  • Metal: Copper
  • Year: 2000

 

 

 

 

 

 

Photo by PCGS

2. One of the rarest Sacagawea dollar coin specimens

The 2000 Sacagawea Dollar/Washington quarter mule is a remarkable error coin that features the obverse of the Sacagawea dollar and the reverse of a Washington quarter. Only a few of these specimens exist, making it one of the rarest modern U.S. coins. This error likely resulted from a die mix-up at the Mint, and the unusual combination makes it a standout among numismatic collectors.

With significant rare Sacagawea dollar coin value, this coin, like other rare Sacagawea coins with errors, can be highly desirable to collectors. Some of these coins have fetched impressive sums at auction.

Sacagawea Dollar/Washington Quarter Mule

  • Metal: Copper
  • Year: 2000

 

 

 

 

 

 

Photo by CoinWeek

3. A rare 2000-P Sacagawea dollar coin with an error

The 2000-P Sacagawea dollar struck on an Anthony dollar planchet is a rare and fascinating error. This unique coin features the Sacagawea dollar design but with the size and metal composition of the earlier Susan B. Anthony dollar. The mix-up during production resulted in an interesting and highly collectible piece. Errors like this one, just like a rare no-date Sacagawea coin with errors, are highly prized for their rarity and distinctiveness.

Sacagawea Dollar on an Anthony Dollar Planchet

  • Metal: Copper
  • Year: 2000

 

 

 

 

 

 

Photo by Heritage Auctions

4. An exceptionally rare 2000 D Sacagawea one-dollar coin

The rare Sacagawea coin (2000-D)/South Carolina quarter mule is another stunning error coin. Similar to the Washington quarter mule, this error blends the obverse of the Sacagawea dollar with the reverse of the South Carolina state quarter. Only a single example of this mule error has been discovered, adding to its allure and making it a one-of-a-kind piece in the numismatic world.

Sacagawea Dollar/South Carolina Quarter Mule

  • Metal: Copper
  • Year: 2000

 

 

 

 

 

 

 

Photo by PCGS

5. The rare Cheerios Sacagawea dollar coin

The Cheerios rare Sacagawea coin, distributed as part of a promotional campaign in 2000, is a standout due to its enhanced detail on the eagle’s tail feathers, which differs from the regular design. Only 5,500 of these coins were included in the Cheerios boxes, and many have been lost. Today, high-grade examples can command significant premiums.

Sacagawea “Cheerios” Dollar

  • Metal: Copper
  • Year: 2000

 

 

 

 

 

 

Photo by PCGS

To browse through more rare dollar coins (Sacagawea or assorted) and other valuable rare specimens, click here.

FAQ about rare Sacagawea dollar coins

Sacagawea coins are commonly circulated and not typically considered rare, which makes it easy to overlook their potential value. Certain variations, however, are highly sought-after by collectors. Identifying these can unlock opportunities for finding valuable specimens that stand out from the rest, making the pursuit of rare Sacagawea coins both exciting and rewarding.

Whether you’re evaluating a coin for its rarity or considering adding it to your collection, expertise and professional guidance are key. Blanchard is an excellent resource for navigating the complexities of rare coin collecting, offering the best selection of high-value, rare coins on the market. If you’re curious about Sacagawea rare coin value or need further assistance with expanding your numismatic portfolio, don’t hesitate to contact Blanchard at any time.

Are Sacagawea coins rare?

Most Sacagawea dollars aren’t rare, but certain varieties, errors, and special editions can be valuable collector’s items.

What makes a Sacagawea $1 coin so rare?

Minting errors, special finishes, and strikes are some of the factors contributing to certain Sacagawea dollars’ rarity.

What is rare about the 2000 P Sacagawea coin?

The 2000-P features multiple valuable varieties, including the Goodacre Presentation coins, the sought-after “Wounded Eagle” variety with its distinctive chest feather pattern, and the remarkable Quarter Mule error.

What makes 2000 D Sacagawea coin rare?

The 2000-D Sacagawea coin is rare primarily because of its production error. This occurred when a Sacagawea dollar was mistakenly struck with the reverse design of a South Carolina quarter. The result is an extremely rare and valuable coin due to the unusual combination of designs.

What is the rarest Sacagawea coin?

One of the rarest Sacagawea coins is the 2000-P Cheerios dollar which was part of a limited edition of 5,500 Sacagawea dollars placed in Cheerios cereal boxes as a marketing promotion.

How can I tell if my Sacagawea coin is rare?

To determine if your Sacagawea coin is rare, check for minting errors, special finishes, unique die variations, and research mintage numbers.

Want to read more? Subscribe to the Blanchard Newsletter and get our tales from the vault, our favorite stories from around the world and the latest tangible assets news delivered to your inbox weekly.

Fed’s Gold Dip Equals Buying Opportunity for Investors

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Fed Slashes Its Key Interest Rate for the Third Time This Year Fed

The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point on Wednesday, pushing it down to 4.25% to 4.5%.

The stock market fell after the Fed’s announcement and gold dipped modestly. Precious metals weakened as the Fed signaled that it would only cut rates twice in 2025, versus the previously signaled four interest rate cuts.

Wednesday’s interest rate cut marked the third reduction in monetary policy this year as central bankers attempt to support the labor market and economic growth. However, inflation has remained above the Fed’s target rate of 2% and recently has shown signs of climbing again. The central bank’s fight against inflation is far from over.

The big news from the Fed today were the central banker’s forecast for 2025 rate cuts. In September, the central bank had penciled in four rate cuts next year – today they expect only two – as the sticky battle against inflation continues.

The central bankers adjusted today’s policy statement to reflect a slower pace of rate cuts ahead with a new phrase saying “the extent and timing” of further action would depend on the economic outlook.

Dissent at the Fed

Notably, not all 12 central bankers agreed that the Fed should slash rates today. Cleveland Fed President Beth Hammock voted against today’s interest rate cut. Earlier this month, he stated that “we are at or near the point where it makes sense to slow the pace of rate reductions,” Hammock.

Inflation Simmering Hot

Policy makers are watching inflation which has been inching higher recently. In fact, the latest November Consumer Price Index (CPI) report revealed the biggest monthly jump in seven months. The core CPI rose 0.3% to a 3.3% annual rate.

Inflation has come down from the 9.1% peak in June 2022, but the Fed is finding it difficult to fully tame the inflation genie and return it to the central bank’s 2% target.

What does this mean for gold?

The initial knee-jerk reaction on Wednesday from short-term traders pushed gold lower amid the Fed’s forecast for fewer-than-expected rate cuts next year.

But with inflation still rising, gold will continue to catch a bid. Through 2024’s record-breaking rally in gold, market dips have been short-lived and used as buying opportunities by long-term investors.

Buy the dip

Indeed, Bank of America, who expects the gold rally to continue in 2025 with a target at $3,000 an ounce, is on the record advising its clients to buy gold on price retreats. Their advice? If gold drops below $2,500 – buy it.

However, given the strong investor demand, a clip toward that level is unlikely to emerge and buyers need to be nimble and jump in the market quickly to accumulate gold while it is on sale. Lower gold prices mean investors can trade fewer dollars for more gold.

Even more inflation ahead?

Peering into the crystal ball for 2025 there are policy proposals on the table that could boost inflation even more, including tariffs and mass deportations that could mean the businesses could face a labor shortage and need to offer higher wages to attract workers. This adds up to increased demand for gold as investors search for proven strategies to lock in their purchasing power, while growing their wealth.

If you’ve been waiting to buy gold…

This year has been an extraordinary year for gold and with inflation yet to be vanquished, today’s dip in gold prices offers long-term investors a short-term opportunity to accumulate and add to their wealth protection at lower prices. If you’ve been waiting to buy gold, don’t wait too long – these lower prices won’t last.

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Heading into 2025: Inflation Still Hotter Than Fed’s Target

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This won’t come as a surprise to Americans who are still battling high prices for everyday goods— official inflation numbers are still above the Federal Reserve’s 2% target.

The latest November Consumer Price Index (CPI) report revealed the biggest monthly jump in seven months. Consumer prices climbed 0.3% in November to 2.7%, while the core rate—which excludes food and energy rose 0.3% to a 3.3% annual rate. Big price increases for eggs and beef helped pushed inflation higher.

Report card for the Fed? Progress toward the elusive 2% target has stalled, and gone in the opposite direction. Inflation is climbing again.

It’s true that inflation has come down from the generational high at 9.1% in June 2022, but the last mile back to the Fed’s 2% target has been a battle that the central bank is losing for now.

Food and Housing Still Pinching Americans

Everything just costs more. Americans know firsthand that since 2019 prices are higher on everything from bacon, ham, coffee, eggs, frozen orange juice, ground beef, rice, sugar and wheat bread. Shelter costs, more commonly known as rent or mortgages, climbed another 0.3% in November. For the year, shelter costs have climbed 4.7%

2025 Could Bring Fresh Headwinds for Even More Inflation

Meanwhile, the changing of the guard at the White House in January could open the door to another wave of inflation. Many economists view economic policies like widespread tariffs, tax cuts and the deportations of millions of illegal immigrants as inflationary. That means that the CPI could continue to inch higher in 2025 if these policies are enacted.

What this Means for Gold Investors

Despite a modest pullback in November, gold is still on track to deliver its best annual performance in more than a decade, with gains of over 25% since the start of the year. Looking into 2025, new record-breaking rallies in gold are forecast with gains above $3,000 an ounce. What’s keeping gold bulls in the driver’s seat? It’s not just elevated inflation that is boosting gold’s appeal, but the geopolitical uncertainties and the growing focus on our nation’s debt problems.

The universe of gold investors expanded rapidly in 2024 with physical gold purchases going mainstream. One of the more popular investment strategies has been to accumulate fractional gold on an on-going basis. Fractional gold includes coins like a 1/10 ounce American Gold Eagle coin which can be purchased at an attractive price point. We are seeing investors actively building a portfolio of these lower cost gold pieces.

The Fed still hasn’t gotten inflation under control, which means that your dollars are worth less each month. The recent price dip in gold means you can buy more gold with your dollars right now. If you are interested in learning if this strategy could be right for you, talk with a Blanchard portfolio manager today. We’re here to help.

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The Surprising History Behind Rosa Americana Coins

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You may have heard the phrase: “it’s not what you know, it’s who you know.” This mattered even in 18th century England.

In the 1700s, William Wood, a copper and tin mine owner in England had an abundance of metal and was looking for a way to profit. Wood had heard the American colonies were experiencing a coin shortage. So being an enterprising businessman, Wood used his connection to the king’s mistress—the Duchess of Kendal—to strike a deal with King George I to supply coins to the American colonies.

Under terms of the contract, Wood could produce coins for fourteen years with not more than 300 tons of metal. For that right, Wood had to pay the King 100 pounds each year and the king’s comptroller 200 pounds each year.

Today these lovely coins with a rich history are known as the Rosa Americana coins—which is Latin for “American Rose” and these coins command a hefty price at auction on the rare occasion they surface for sale.

Perhaps in gratitude for the royal contract, the Rosa Americana coins’ obverse features King George I, facing right, with the Tudor Rose on the reverse. The obverse legend highlights the King’s name and title while the reverse legend had various forms of “ROSA AMERICANA” and “UTILE DULCI” which means “THE USEFUL WITH THE AGREEABLE.”

It was widely known that the rose was intended to flatter King George I.

It was included to praise him as a successor to the Platagenets and Tudors—despite his German origin! It is said that King George I even refused to even try to learn English. In fact, he regarded his British crown as much less important as the Hanoverian and Holy Roman Empire titles he also held.

Rosa Americana coins were minted with Bath metal, which is an alloy created from 75% brass, 20% zinc (mixed with tin and bismuth) and 5% silver. The alloy had to be heated prior to striking to keep the dies from cracking. As a result, gas bubbles formed in the metal, which resulted in the coins featuring porous surfaces.

Wood struck Halfpenny, Penny and Two Pence coins. The first Two Pence designs were undated, and the remainder of the coins he struck were dated 1722, 1723 or 1724.

Due to the metal compound, these coins were lightweight and subsequently some American merchants refused to accept the coins in trade. Because the coins were not widely accepted, Wood stopped minting coins in 1723.

In 1725 Wood gave up his patent contract and instead accepted a pension for three years. Nonetheless, his coins remained in circulation in the American colonies until the Civil War. Examples have been unearthed in parts of New England, New York, New Jersey, and Pennsylvania. Among fifty-nine coins found during the restoration of Colonial Williamsburg, two were Rosa Americana pennies dated 1722.

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11 Rare George Washington Coins

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George Washington, America’s first president and one of its most revered founding fathers, left an indelible mark on the nation’s history. As a true American icon, it is no surprise that his image has graced countless American coins over the centuries. From vintage pieces to modern commemoratives, the rare George Washington coin remains among the most sought-after numismatic treasures. In this article, we’ll explore the history and significance of these coins, focusing on:

  • The fascinating evolution of coins with George Washington on them
  • The remarkable value of select specimens
  • Where to find your own rare George Washington coin online

Watch this entertaining video to see a stunning Washington coin’s value revealed:

 

What coins are George Washington on?

From the iconic quarter in your pocket to rare commemorative pieces worth thousands, George Washington’s image appears on numerous U.S. coins. While not all Washington coins are considered rare or valuable, these are some of the most historically significant and sought-after specimens that collectors eagerly seek.

1. Rare George Washington dollar coin

The 2007 George Washington dollar coin kicked off the historic Presidential Dollar Series. Featuring a bold portrait of our first president on the obverse and the Statue of Liberty on the reverse – a design shared across the entire series – this manganese-brass coin marked a new chapter in American dollar coinage.

While the George Washington Dollar is not considered particularly rare due to its modern mintage, certain rare presidential dollar coins and error varieties can command significant premiums. Basic uncirculated specimens, however, remain readily available and affordable for beginning collectors.

George Washington Dollar

  • Metal: Brass
  • Year: 2007

 

 

 

 

 

 

Photo by Numista

2. George Washington half dollar coin

This George Washington Half Dollar, otherwise known as the 1982 George Washington 250th anniversary coin, was issued to commemorate the 250th anniversary of Washington’s birth. This 90% silver commemorative coin features a striking right-facing portrait of Washington on horseback on the obverse, while the reverse displays Mount Vernon, his historic Virginia estate.

The design, crafted by Elizabeth Jones, was the first commemorative U.S. coin created in nearly three decades. Two versions were minted: an uncirculated version made in Denver and a proof version struck in San Francisco.

While not among the rarest Washington coins, high-grade specimens of this George Washington commemorative coin, particularly the proof versions, are increasingly coveted by collectors who appreciate their historical significance and superior craftsmanship.

George Washington Half Dollar

  • Metal: Silver
  • Year: 1982

 

 

 

 

 

 

 

Photo by Numista

3. Rare Washington quarter coin

This 1959 rare Washington quarter coin represents a cherished piece from the historic 90% silver series that ran from 1932 to 1964. Originally introduced to commemorate Washington’s 200th birth anniversary, these quarters showcase John Flanagan’s elegant design featuring the first president’s left-facing portrait on the obverse. The reverse depicts a powerful American eagle perched on arrows and an olive branch, symbolizing national defense and peace.

While millions of these Washington quarter coins were produced for circulation, their 90% silver content makes them increasingly valuable today. The 1959 specimens are particularly interesting as they represent the latter years of silver quarter production, before the 1965 switch to copper-nickel cladding. Both collectors and precious metal investors value these coins not only for their silver content but also for their historical significance as pieces of everyday American commerce from a bygone era.

90% Silver Washington Quarter

 

 

 

 

 

4. American Revolution bicentennial coin George Washington

The American Revolution Bicentennial George Washington Medal, also known as the George Washington Sons of Liberty coin, was minted in 1972 to commemorate the 200th anniversary of the American Revolution. The obverse of the medal features a detailed portrait of George Washington, while its reverse is adorned with a depiction of the Tree of Liberty, a powerful symbol of the American Revolution. The Tree of Liberty represents the resilience and freedom fought for during the war, echoing Thomas Jefferson’s famous quote about the need for liberty to be “refreshed from time to time with the blood of patriots and tyrants”.

Made of bronze, this medal is an important piece of exonumia. Although not rare, it holds historical significance and can be more valuable in higher grades or as part of a commemorative set from the Bicentennial.

American Revolution Bicentennial George Washington Medal

  • Metal: Bronze
  • Year: 1972

 

 

 

 

 

 

Photo by Numista

5. 1789 George Washington peace and friendship coin

Inspired by a historically significant design that dates back to the earliest days of American diplomacy, this coin has become a valued piece among collectors. The original peace medals were silver pieces given by George Washington to Native American leaders as symbols of friendship and diplomatic ties between the new United States and various tribes.

While not as rare as the original silver medals presented to tribal leaders, this 1904 bronze reproduction created by the U.S. Mint is more than a George Washington souvenir coin. It offers historians and collectors a meaningful connection to early American-Native American relations. Well-preserved pieces are particularly valued as early American diplomatic artifacts.

George Washington Indian Peace Medal

  • Metal: Bronze
  • Year: 1904

 

 

 

 

 

 

Photo by The National Museum of American History

6. George Washington 1st president coin

This brass token, created by the Scovill Manufacturing Company of Waterbury, Connecticut, honors George Washington’s legacy as the first president of the United States. Created during a period when commemorative tokens were popular promotional items, its obverse displays Washington’s bust, while the reverse features the titles “Father of His Country” and “American Fabius” along with the tribute: “FIRST IN WAR FIRST IN PEACE FIRST IN THE HEARTS OF HIS COUNTRYMEN SERVED EIGHT YEARS AS PRESIDENT WITHOUT PAY”.

Scovill, a pioneer in American industrial manufacturing, produced this token as part of a broader range of consumer goods, including buttons and political memorabilia. While not legal tender, these tokens were often distributed at celebrations, fairs, or historic events related to Washington’s legacy. Though not especially rare, this George Washington coin token is valued among collectors for its craftsmanship and connection to early American manufacturing and patriotism.

George Washington Commemorative Token

  • Metal: Brass
  • Year: Early 20th century

 

 

 

 

 

Photo by The National Museum of American History

7. 1797 George Washington Masonic coin

The 1797 Masonic coin with George Washington is one of the most intriguing pieces of early American medallic art, highlighting Washington’s connection to Freemasonry. This brass medal, struck during Washington’s lifetime, features his portrait on the obverse while incorporating distinctive Masonic symbols on the reverse – a testament to his role as a prominent Freemason.

While restrikes were made in later years, authentic 1797 specimens remain among the most desirable Washington medals, particularly appealing to collectors interested in both numismatics and Masonic history.

1797 Medal Washington Masonic

  • Metal: Brass
  • Year: 1797

 

 

 

 

 

 

Photo by PCGS

8. George Washington Carver coin

The Washington – Carver Half Dollar, minted from 1951 to 1954, uniquely honors two great Americans: the U.S.A.’s first president George Washington, and agricultural scientist George Washington Carver. This commemorative silver half-dollar marks the first time an African American appeared on a U.S. coin, making it a groundbreaking piece in American numismatic history. The obverse features conjoined busts of both men, symbolizing the connection between American leadership and scientific innovation.

These coins were issued to promote racial cooperation and to fund research at the Tuskegee Institute, though sales fell short of expectations. Representing another historic instance of George Washington on a coin, well-preserved specimens hold special appeal for collectors interested in civil rights history and significant American commemoratives.

Washington – Carver Half Dollar

  • Metal: Silver
  • Year: 1951 – 1954

 

 

 

 

 

 

Photo by Numista

9. Washington crossing the Delaware coin

This 2021 Washington quarter coin pays homage to one of George Washington’s most iconic moments in the Revolutionary War. Made from copper-nickel, the coin’s reverse captures Washington standing at the bow of a boat, leading his troops across the icy Delaware River in 1776, a powerful symbol of bravery and determination. This design commemorates the bold action that helped turn the tide for American independence. On the obverse, Washington’s familiar profile remains, keeping continuity with the classic quarter design.

Though not considered particularly rare, this quarter marked a return to the single iconic image of Washington after years of diverse designs in the America the Beautiful series. Following the success of presidential coinage, like the John Adams presidential dollar, this design’s popularity with collectors shows the enduring appeal of our founding fathers on American coins.

Crossing the Delaware Washington Quarter

  • Metal: Copper-nickel
  • Year: 2021

 

 

 

 

 

 

Photo by Numista

10. George Washington funeral coin

The 1800 Washington Funeral medal is one of the rarest and most significant George Washington gold coins ever created. Struck in the year following Washington’s death, these solemn commemorative medals were produced to honor the passing of America’s first president.

The design features a funeral urn with “GW” inscribed, symbolizing the nation’s mourning. Original specimens were likely presented to Washington family members and distinguished citizens during memorial services.

Given its early American origins, historical significance, and precious metal content, this funeral medal represents the pinnacle of Washington numismatic collecting. The few surviving authentic examples, when they appear at auction, command exceptional premiums and intense interest from serious collectors of early American medals.

AV Medal Washington Funeral, Urn

  • Metal: Gold
  • Year: 1800

 

 

 

 

 

 

Photo by PCGS

11. 2007-W $10 Gold First Spouse CACG MS70 – Martha Washington

As the inaugural release in the First Spouse Gold Coin series, this $10 piece honors America’s first First Lady alongside her husband’s presidency. Minted at the West Point facility, coins graded MS70 by CACG, like the one below, represent the absolute pinnacle of mint perfection.

While the 1759 Martha Washington coin exists only as a rare test token created by the U.S. Mint for experimental purposes, this modern issue serves as an official tribute to her legacy. The coin’s obverse features a portrait of Martha Washington, while its reverse depicts her working with a seamstress in support of Revolutionary War soldiers.

Despite its modern mintage, perfect MS70 specimens of this historic first issue are increasingly valued by collectors, particularly those assembling complete First Spouse sets or specializing in presidential family commemoratives.

2007-W $10 Gold First Spouse CACG MS70 – Martha Washington

 

 

 

 

 

 

 

To browse through more rare pieces, beyond Washington coin specimens, click here.

Where to buy rare George Washington coins

The coins and medals featuring George Washington represent more than just currency. They are tangible pieces of American history, from historic silver issues to modern commemorative treasures. Each specimen tells its own unique story of our nation’s first president and his lasting impact on America.

Blanchard specializes in helping collectors acquire these historical pieces, and its expert team is always available to answer questions about George Washington rare coin specimens or assist in building your presidential collection. We invite you to explore these remarkable pieces of American heritage with us.

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American CEOs Warn Higher Prices Ahead: That’s Good for Gold

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Want to buy a new laptop, smartphone or video game system? You might want to buy it now, because major American CEOs are warning that they are going to be raising prices soon. While this may be painful for American consumers—rising prices means more inflation—and that’s good for gold.

On the campaign trail, President-elect Donald Trump promised to enact a 10 to 20% tariff on imports from all foreign countries, and a 60 to 100% tariff on Chinese imports.

Tariffs are a tax on goods imported into the United States from foreign countries. The company that imports the goods into the United States is required to pay the tariff tax to the U.S. government.

Generally, companies are unwilling to take the hit on the tariff taxes they must pay to the U.S. government when they import these products. So they plan to pass those costs along to consumers in the form of higher prices. Here’s a snapshot of recent headlines:

Trump’s proposed tariffs would raise prices for these products—ABC News, Nov. 18

Tariffs Could Make Your Holiday Shopping Pricier in 2025—Kiplinger, Nov. 21

3 Major Retailers Who Will Raise Prices Immediately—Yahoo Finance, Nov. 22.

Best Buy says Trump’s tariffs could force it to raise prices –CBS News, Nov. 26

On recent earnings calls, three major U.S. retailers have already said their prices will go up. These include: Auto Zone, Columbia Sportswear and Stanley Black and Decker.

So how much could this actually cost American consumers?

The National Retail Federation did a study and here’s what they found: A 10% tariff on all imports and an additional 60% tariff on imports from China would boost the price of the average household appliance by 19.4%. That assumes that the retailers fully pass on the additional tariff cost to consumers. For example, that means the price of a basic refrigerator would rise from around $650 to $776.

Electronic price increases could be even more and that includes video game consoles, smartphones and even computers. A 10% across-the-board import tariff plus the additional 60% on Chinese goods could result in a 45% increase in the consumer prices for laptops and tablets, according to analysis from the Consumer Technology Association. On average, that means consumers would pay $357 more for laptops and $201 for tablets.

So, brace yourself, inflation isn’t going away anytime soon.

What does this mean for gold?

Earlier this year, gold soared past $2,700 in part due to ongoing inflation concerns. Gold has an inherently limited physical supply. Gold does not perish or degrade over time, and this all helps to make gold a strategic inflation hedge.

Since ancient times, gold has been used as a store of value and a form or currency and today provides even more value to investors. Compared to other modern forms of investment, gold holds a significant advantage—as gold has no default risk.

Gold has a proven track record in protecting purchasing power over the long run, which is a major reason investors have been flocking to the precious metal in 2024. Analysts predict gold could hit $3,000 in 2025 as inflation ramps up even more. The time is right to add gold to your portfolio before it climbs even more. Don’t wait too long, higher prices are just around the corner.

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