Precious Metal & Rare Coin Market News
Inflation and Gold: Looking Back into 2023 and Ahead to 2024
Despite persistent forecasts for a U.S. recession, 2023 may well be remembered as the year a recession never happened. Yet, the jury is still out on whether or not the Federal Reserve can engineer a so-called "soft landing" in 2024 – or bring down inflation to the central bank's 2% target without triggering a recession. Throughout it all in 2023, gold served investors well as a safe-haven and a hedge against inflation as we saw ... >> Read More
How to Get Started in Collecting Rare Coins on a Budget
On a tight budget, the world of rare coin collecting can seem daunting, even to seasoned numismatic enthusiasts. This piece will unveil a treasure trove of strategies and clever tips to invest in a rare coin collection without breaking the bank. Our discussion will focus on: The factors that determine a coin’s rarity. The motivations that drive coin collectors. Rare coin collecting money-saving tips. Watch an expert’s advice on how to collect coins on a ... >> Read More
The 1903-S Barber Half Dollar: A Remarkable Coin
First minted in 1892, the Barber Half Dollar remains a treasured collectible among numismatists due to its historical significance and iconic design. However, as seasoned collectors understand, not all Barbers are created equal. One notable stand-out is the 1903-S Barber Half Dollar. In this article, we delve into different facets of this coin, exploring 1903-S Barber Half Dollar value and more, including: The history of the Barber Half Dollar. Characteristics of the 1903-S Barber Half ... >> Read More
5 Factors That Will Drive Gold in 2024
Gold has been one of the best performing commodities in 2023, up over 12% as the precious metal set a new all-time record high in late November. Traders like to say: "the trend is your friend" and in this case the trend points higher for gold. Here's a look at five factors that will impact gold in the year ahead. 1. Geopolitical tensions boiling hot From China-U.S. tensions to the Russian war in the Ukraine ... >> Read More
Top 3 Rarest Carson City Mint Coins
1870-CC Double Eagle 1871-CC Double Eagle 1876-CC Twenty Cent Piece Many collectors only dream of owning a coin with the famed "CC" mintmark, which stands for the Carson City Mint in Nevada. The western mint was operation for a mere 21 years of remarkable Wild West history. Here's how it all began… In 1857, Henry Comstock laid claim to what eventually became known as the giant Comstock Lode in Nevada. Many prospectors struck it rich ... >> Read More
The Intrigue Behind The 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel, one of the most valuable coins in the world, also has one of the most mysterious backstories in American numismatic history. No one knows exactly how, when, or why these legendary coins were struck. Today, there are only five known 1913 Liberty Head Nickels in existence. One is housed at the Smithsonian, a second at the ANA Money Museum in Colorado, and the remaining three 1913 Liberty Head Nickels are ... >> Read More
Gold soars as Fed pencils in 3 rate cuts in 2024
The Fed Starts Talking About Rate Cuts Breaking news. The Federal Reserve started talking about interest rate cuts for the first time today during this monetary policy cycle. At the conclusion of the Fed's two-day meeting Wednesday, the central bank held interest rates steady as expected at 5.25%-5.50%. This marked the third consecutive Fed meeting where the central bank stood pat, suggesting the interest rate cycle may have peaked. Gold surged after the meeting, which ... >> Read More
Top Three Oldest Mints in the World
Lydia: 7th century BC Monnaie de Paris: AD 864 British Royal Mint: AD 880 Today the U.S. Mint is the largest mint in the world, producing as many as 28 billion coins in a year. The Philadelphia Mint stands as the largest physical site in the U.S., which covers over 650,000 square feet and can produce up to 32 million coins in a year. However, there is a rich history of coin production that spans ... >> Read More
The Indian and Chinese Connection to Gold
In 2023, India overtook China as the most populated country in the world, with a total of 1.428 billion people. China is a close second at 1.425 billion citizens. Compare that to the United States of America's total population at 335 million. This matters to the gold market because Asian demand from India and China make up nearly 50% of global gold demand. A Little History During the last half of the 1900's, Chinese citizens ... >> Read More
Benjamin Franklin’s Masterpiece: The Libertas Americana Medal
The Libertas Americana medal, conceived and authorized by Benjamin Franklin, was a tribute to American independence and France's support in that valiant endeavor. The medal's dramatic imagery on the reverse symbolically retells the story of the American Revolution, with the dates 1777 and 1781 inscribed to represent the two greatest American victories at the Gates of Saratoga and Washington at Yorktown. Notably, Franklin commissioned the creation of this medal on his own, not on the ... >> Read More