Precious Metal & Rare Coin Market News

Inflation Still Running Hot: Sept CPI Hits another 40-Year High

Inflation Still Running Hot: Sept CPI Hits another 40-Year High

Gold, Investment, Market News |
Inflation continues to batter American consumers left and right. And, despite the Federal Reserve's aggressive interest rate hikes this year, the inflation fire continues to run hot. Recently, the government reported that consumer prices rose 8.2% in September, versus year ago levels, hitting another 40-year high. For investors, this means more stock market volatility and also raises the stakes for the Fed going forward. Expect to see large rate hikes continue, which could lead to ... >> Read More        
How Queen Elizabeth’s Death Will Impact Currency Globally

How Queen Elizabeth’s Death Will Impact Currency Globally

Gold, Market News, Research |
Queen Elizabeth – the world’s longest reigning monarch - was the face of the U.K. Even since her death on September 8th, her image remains a symbol of the country. The most lasting example of this is her portrait which has been on U.K. coins and banknotes since 1960. With almost 5 billion U.K. banknotes circulating in the U.K., her picture is everywhere. In fact, her face can be found on the currency of 35 ... >> Read More        
Six U.S. Mint Error Coins You Should Know About

Six U.S. Mint Error Coins You Should Know About

Market News, Rare Coins |
2000 Sacagawea Dollar Reverse/Washington Quarter 1977 Jefferson Nickel struck on a 1976 Lincoln cent 1976–D Washington quarter doubled strike 1923 Peace Dollar double- strike error 1906 Indian Head Cent struck on a Quarter Eagle planchet 1837 Capped Bust Half Dollar In 2021, the U.S. Mint produced nearly 14.5 billion coins. Despite first-class technology and extensive quality control efforts, – some mistakes happen, – and these are known as error coins, or misstrikes. Mint error coins ... >> Read More        
This Indian Princess Boasts A Deep Frosty Luster

This Indian Princess Boasts A Deep Frosty Luster

Market News, Rare Coins |
A $3 gold coin? During the period the $3 Indian Princess gold coins were minted, from 1854-1889, that represented a hefty sum for everyday Americans. So, why did the U.S. Mint choose to produce a $3 coin? Numismatic experts believe the reason can be found at the post office. When this coin was first minted a U.S. postal stamp cost 3 cents. The $3 coin created a convenient way for businesses to purchase 100 stamps ... >> Read More        
abstract RGB atom nano technology particle background 3d rendering

How Gold Will Power the Clean Technology Revolution

Gold, Investment, Market News |
Gold is just as natural as the water and sunlight we often associate with clean tech. Yet, few people think of gold when considering the future of green energy solutions. Perhaps this is because its role in these innovations is not well publicized. Here, we breakdown three ways in which gold will be crucial to achieving the clean technology revolution necessary to help slow global climate change. Electricity-Producing Fuel Cells Electricity-producing fuel cells have major ... >> Read More        
Federal Reserve Building

Fed On Collision Course With Recession

Gold, Investment, Market News |
Americans face rising prices, shortages of everyday goods, falling stock and bond prices and rising interest rates. Today, the Federal Reserve moved with it's fifth super-sized interest rate hike of the year to try to tamp down the scorching hot 40-year high inflation that is eroding your wealth. The Fed hiked its benchmark rate by 0.75 basis points to 3 - 3.25%. Gold moved slightly higher with the news, which was largely expected and priced ... >> Read More        
Close up U.S. dollar currency

The U.S. Dollar Is Only 51 Years Old: Could It Go to Zero?

Gold, Investment, Market News |
Earlier this year, legendary billionaire investor Charlie Munger – Warren Buffet's right hand man – predicted the value of the fiat U.S. dollar would crash to zero within a century. Could this happen? Consider this. President Nixon severed the U.S. dollar's convertibility to gold in 1971. That means the U.S. dollar in its current fiat form is only 51 years old. It was around 550 BC that societies around the globe first used gold as ... >> Read More        
Aaron White Satirical Dollar Obverse and Reverse

5 Coin Hoards You Should Know About

Market News, Rare Coins |
For thousands of years humans buried, hid, and hoarded coins for a variety of reasons. In ancient times, people buried coin hoards during wartime to preserve and protect their wealth from enemy invaders. Today, there are still ancient coin hoards being found in the Mediterranean region dating back to the Greek and Roman eras. In early American life, people who distrusted banks or paper money hid their coins, preferring to store their life savings at ... >> Read More        
Defiant Eagle .25 coin obverse and reverse

How California Fractional Gold Built the West

Market News, Rare Coins |
The California gold rush became an industry of its own soon after the discovery of gold in the American west. Like any industry, the gold rush needed a system of trade. Developing such a system required the creation of California fractional gold. Some believe that before the creation of California fractional gold people would make daily purchases with a pinch of gold dust. It wasn’t long before those traveling west realized that a better system ... >> Read More        
Gold and The Golden Years

Gold and The Golden Years

Gold, Investment, Market News |
Retirement, like a mirage on the horizon, is an oasis many will never drink from. More Americans are learning that retirement is less feasible than they thought. There are many causes of this evaporating dream. Consider that wages have stagnated for over thirty years. This is likely due, in part, to the fact that almost half of Americans of working age (18-64) earn a median annual wage of less than $20,000 according to research compiled ... >> Read More