Precious Metal & Rare Coin Market News

Biden's Billionaire Tax Aimed at More than Just Billionaires

Biden’s Billionaire Tax Aimed at More than Just Billionaires

Gold, Investment, Market News |
If you are a successful entrepreneur, small business owner or a high net worth individual who has accumulated wealth through your innovation, hard work and smart investing, the government is coming for you. The Biden administration rolled out a major tax reform proposal last week called the "Billionaire Minimum Income Tax." This aggressive proposal would result in a huge tax hit on America's high-net worth households if enacted, and it's not just the billionaires who ... >> Read More        
Press Release: Blanchard Built Zito Family Collection Results in two auction records being shattered!

Press Release: Blanchard Built Zito Family Collection Results in two auction records being shattered!

Market News, Rare Coins |
NEW ORLEANS, LA, April 6, 2022 – Blanchard and Company, the nation's leading tangible asset firm, made numismatic history again following this week's public auction of the Zito family collection. Included were two 1907 $10 Indian pieces that shattered previous auction records.  These coins, an NGC MS68 1907 $10 Indian Wire Edge and a CAC PCGS MS67 1907 Rolled Edge, both sold at nearly double their previous record highs. Over an eight-year period, Blanchard advised ... >> Read More        
Why a Movie Theatre Chain Bought a Gold and Silver Mine

Why a Movie Theatre Chain Bought a Gold and Silver Mine

Gold, Investment, Market News |
In mid-March, the movie theater chain AMC announced their agreement to buy a stake in Hycroft Mining Holding Corp. AMC will spend $27.9 million for a 22% stake. The investment offers much-needed support for the mining operation which is struggling financially. Hycroft owns a mine in Northern Nevada and is aiming to raise cash by selling shares. Their goal is to generate $500 million. In recent months, AMC has seen a dramatic improvement in their ... >> Read More        
Look What Happened When the Fed Threw Out Its Play Book

Look What Happened When the Fed Threw Out Its Play Book

Gold, Investment |
Prior to the 2008 Global Financial Crisis, the Federal Reserve board relied upon a little known but useful guideline that economists called "The Taylor Rule." We thought it was time to dust off the Taylor Rule, shine some light on what it says – and also discuss what's happened since the Fed abandoned its previously useful guideline. First, what is the Taylor Rule? Stanford University professor John Taylor introduced this formula in 1993 which prescribes ... >> Read More        
What is the "S.3771 - Stop Russian GOLD Act of 2022"?

What is the “S.3771 – Stop Russian GOLD Act of 2022”?

Featured, Gold, Market News |
In early March a U.S. bill was introduced in an attempt to restrict Russia from selling their gold. The bill was a collaborative effort from a bipartisan group of senators. The bill has far-reaching implications because Russia is facing the toughest sanctions ever imposed in history. Many believe the Russian government will need to liquidate their gold reserves to remain afloat economically. Four senators introduced the Stop Russian GOLD Act. They are, Angus King (I-Maine), ... >> Read More        
"Pikes Peak or Bust!" This Coin Captures Heart of Colorado's Rich Gold Rush History

“Pikes Peak or Bust!” This Coin Captures Heart of Colorado’s Rich Gold Rush History

Market News, Rare Coins |
After the panic of 1857, many Americans eyed the West as an opportunity to achieve financial security. In 1858, the Colorado Gold Rush began with over 100,000 people flocking to the Rocky Mountain region. "Pikes Peak or Bust" was a common refrain among the early prospectors, in reference to the imposing mountain in the Colorado Front Range. In the early days of the Colorado Gold Rush, money was scarce. The prospectors paid merchants for goods ... >> Read More        
The Enduring Appeal of the 1862-S Seated Liberty Dime

The Enduring Appeal of the 1862-S Seated Liberty Dime

Market News, Rare Coins |
The Seated Liberty images were one of the most enduring in the history of US coinage. This design appeared on the half dime, dime, quarter, and half dollar between 1836 and 1891. The Seated Liberty image also appeared on the silver dollar from 1836 to 1873. The design was the work of Mint engraver Christian Gobrecht. He served as the third Chief Engraver from 1840 to 1844. His engraving work started before he was employed ... >> Read More        
Graph incurance growth of silver and gold bars and green arrows

How Investors Compare Gold and Silver Investments

Gold, Investment, Market News |
The precious metals sector is roaring higher in 2022 fueled by the Russian war in Ukraine, skyrocketing crude oil prices, a sinking stock market and inflation at 40-year highs. As investors turn to precious metals as a portfolio risk diversifier, store of value over the long-term and a hedge against crisis – you may wonder – what's the difference between investing in gold and silver? Before we highlight three differences, let's take a look at ... >> Read More        
Financial consultant observing the exchange market

Financial Markets in Times of War

Gold, Investment, Market News |
The stakes have reached new heights. As Putin puts nuclear-deterrence forces on alert many are hoping the planned talks between Ukraine and Russia yield progress. In an effort to hamper Putin’s invasion, the U.S. and many European countries have imposed sanctions against Russia. Recent moves directed at Russia’s central bank will dramatically limit the country’s ability to participate in the global financial system. One key outcome of these measures is that the government will likely ... >> Read More        
The Allure of Peace Dollar Collections: History, Key Dates & Design

The Allure of Peace Dollar Collections: History, Key Dates & Design

Market News, Rare Coins |
The silver Peace Dollar, minted between 1921 and 1935, represents one of the most celebrated and lasting designs in numismatics. Its simple beauty, its connection to the peace that followed World War I and its unique status as our country's last circulating silver dollar make it a highly sought-after coin series among collectors. While many are familiar with this coin, what is less widely known is how scarce Peace dollars are in high grades. Peace ... >> Read More