Precious Metal & Rare Coin Market News
Gold Hits New Record High in March. Here’s Why
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
5 Key Date Morgan Silver Dollars
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 keeps rates at 23-year highs, gold surges
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 Penny: A Tangible Piece of Early American History
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
Carson City Morgan Dollars: A Favorite for Collectors across the Country
For many numismatists, a Morgan silver dollar set is a must-have for their collection—and this is one of the most collected series of coins the U.S. Mint has ever produced. Within that series, the Morgan silver dollars minted at the legendary Carson City Mint in Nevada are highly sought after. And, there are only 13 coins in the Carson City Morgan dollar series. The exciting news? Building a Carson City Morgan dollar set is an ... >> Read More
Top-5 Discoveries from the SS Gairsoppa: Silver Bars, Coins and More
Throughout history, hidden gems often emerge in the aftermath of significant historical events. A prime example lies in shipwrecks, like the SS Gairsoppa. This ill-fated vessel became a testament to an intriguing chapter for coin and history enthusiasts alike. Investigating the findings following the ship's sinking, this article explores the iconic SS Gairsoppa silver coins and bars born from the discoveries made, focusing on: The SS Gairsoppa’s dramatic history. A comprehensive catalog of the ship’s ... >> Read More
The Connection between Risk Tolerance and Gold
One of the most important questions for any investor is how much risk are you comfortable with? In investing, risk can be defined as: The permanent loss of your money or Not having money when you need it. Both outcomes are undesirable to say the least. Stocks are considered one of the most risky asset classes. Stocks tend to be more volatile than bonds and can deliver a higher expected return. But in exchange, stock ... >> Read More
Could Gold Hit $3,000? Citi Analysts Say It’s Possible in 2025
Gold at $3,000 an ounce? From current levels, that would mark a nearly 50% increase in price. While it's not their base case, the global banking giant—Citi—highlighted economic scenarios which would support a massive increase in the price of gold to $3,000 in 2025. So what could push price gold to $3,000? Aggressive central bank purchases, stagflation, and a global recession are all triggers that could drive the price of the yellow metal to $3,000 ... >> Read More
The 1893 Queen Isabella Quarter: First U.S. Coin to Feature a Real Woman
The 1893 Queen Isabella quarter boasts a lot of "firsts" attached to its name. The silver commemorative coin was the first U.S. coin to feature a real woman, as opposed to the mythical Lady Liberty. The silver quarter features Queen Isabella of Spain – to honor her role in supporting Christopher Columbus' voyage to the Americas in 1492. The 1893 Queen Isabella quarter is also the first legal tender U.S. coin to feature a foreign ... >> Read More
5 Most Controversial Rare Coins from the US Mint
Type 1 Standing Liberty Quarter 1909-S VDB Cent 1964-D Peace Dollar 1946 Roosevelt Dime $1,000,000,000,000 Platinum Coin From illegal to immoral to outrageous, it turns out there's plenty of ways for a U.S. rare coin to be controversial. Today, we explore five of the most controversial coins produced by the U.S. Mint, many of which are highly coveted by collectors in large part due to their controversy! 1. Type 1 Standing Liberty Quarter The classic ... >> Read More