Precious Metal & Rare Coin Market News
5 Very Valuable Key Date Coins
1907 $10 Rolled Edge Indian Head 1861-S Paquet $20 Liberty Head 1889-CC Morgan Dollar 1916-D Winged Liberty Dime 1916 Standing Liberty Quarter Dollar Do you own any key date coins? If you do, you understand the feeling of triumph, pride and excitement of adding a key date coin to your collection. Key date coins are those with a low mintage or with mintages having few survivors, and they are prized in the world of numismatics ... >> Read More
Silver Jumps As Metal Held in London Vaults Sinks to Record Low
The price of silver jumped to a 4-month high this week fueled by massive investor demand for the metal. This investor demand for silver is now draining the London vaults of their silver holdings – which fell to a record low in October, according to the London Bullion Market Association (LBMA). In a year where Americans have faced shortages from items like baby formula to certain prescription drugs to gasoline, silver supplies are now running ... >> Read More
Cashing In On Controversy: The Strange History of the 1909-S VDB Lincoln Cent
Never before have three little letters meant so much. The 1909 Lincoln cent - designed to replace the Indian Head penny - was welcomed by Americans with enthusiasm, before quickly being discontinued due to one small detail. Then President Theodore Roosevelt believed that US coins needed new imagery that would inspire Americans. At this same time, he found himself intrigued with the work of Lithuanian-born artist, Victor David Brenner. While meeting with the artist to ... >> Read More
The State of Economy and Gold: U.S. Not Out of the Woods Yet
Gold has served as money and a store of value for thousands of years and it's no surprise that demand for gold is rising in the current environment with record high inflation, rising interest rates, climbing U.S. debt levels and the potential for a recession. Indeed, in the first half of 2022, gold demand climbed by 12% year-over-year, according to the World Gold Council. Let's take a deeper look at the state of the U.S ... >> Read More
Central Bank Digital Currency Is Coming: Are You Ready?
Central bank digital currencies are gaining steam all around the globe. A total of 105 countries are currently exploring a CBDC, and 10 countries have already launched a digital currency, according to the Atlantic Council. If you are wondering what a Central Bank Digital Currency is and how it's different from cryptocurrency, like Bitcoin, you aren't alone. Here's a simple definition of a Central Bank Digital Currency: It is a government-regulated and a government sponsored ... >> Read More
How Gold Might Benefit From Blockchain Technology
The value of Bitcoin has dropped by more than 55% year-to-date. Consequently, many investors have abandoned their hopes of Bitcoin becoming the primary currency in our economy. The digital currency, once heralded as the future of commerce, has failed to become a mainstay of finance since its inception more than a decade ago. While Bitcoin may be a dream coming to an end it seems that the underlying blockchain technology that powers it has an ... >> Read More
Davy Crockett: “You May All Go to Hell and I Will Go to Texas”
The Texas spirit is legendary. Those schooled in Southern history will recall that "Remember the Alamo!" was the heartfelt cry that lit a fire under Texans and drove them to finally defeat Mexico's army and enable them to claim their independence as a republic in 1836. In 1933, during President Franklin Delano Roosevelt's administration, Congress passed legislation authorizing coinage of silver half dollars "in commemoration of the one hundredth anniversary in 1936 of the independence ... >> Read More
Inflation Still Running Hot: Sept CPI Hits another 40-Year High
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
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
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