Precious Metal & Rare Coin Market News
The Intriguing Story of the 1801 $10 Draped Bust Gold Eagle
As America hurtles toward a significant presidential election in just a few months, Thomas Jefferson's inaugural address in 1801 carries an instructive theme. Students of American history will remember that in 1801, Thomas Jefferson was sworn in as the third president of the United States. His victory over incumbent president John Adams marked the first time the American presidency changed from one party to another—shifting from the Federalist party to the Republican party. After a ... >> Read More
Are You Ready for Changes to U.S. Tax Law?
In a few short months Americans will go to the polls to elect our next president. Depending on who wins, your taxes might go up or they might go down. But no matter who wins—changes to U.S. tax laws are coming that will impact all Americans. The Tax Cuts and Jobs Act of 2017 included many tax breaks that will automatically expire in 2025 unless Congress acts. Both presidential candidates: Donald Trump and Kamala Harris ... >> Read More
6 Rules for Coin Collecting
You may agree that coin collecting is one of the most rewarding pursuits in the world. After all, it was once known as the "hobby of kings" due to its roots during the European Renaissance among wealthy Europeans. Historically, collectors purchased rare coins for their historical significance and beauty. But as these coin collections were sold for significantly higher values, investors began turning to rare coins as an asset class of their own, to gain ... >> Read More
8 Rare John Adams Dollar Error Coins
Collectors who appreciate the rich history of the United States highly value presidential coins for their meticulous craftsmanship and stories they tell about the nation's leaders. To add depth to their presidential coin collections, enthusiasts often go beyond the standard issues. They seek out interesting varieties and errors of coins featuring their favorite leaders. Among the most sought-after presidential coins are those featuring the two Adams presidents, John Adams and John Quincy Adams. This piece ... >> Read More
Inflation Data Gives Green Light for Fed Rate Cut
The Federal Reserve finally got what it was waiting for. Inflation appears to be under control and trending lower. It's been a long wait for not only the Fed, but for millions of Americans who have been battered by the double whammy of high inflation and high interest rates. That has put big ticket purchases like homes, cars and other items out of reach and on hold for many consumers. In July, the Consumer Price ... >> Read More
Global Stock Sell-Off Signals New Phase: Volatility Ahead
In a blink of an eye, stock markets around the world began careening sharply lower on Aug. 1. Bad economic data and disappointing earnings started the crash and the stock rout accelerated as traders around the globe began unwinding leveraged stock market trades from Japan to the United States. What Triggered the Stock Market Sell-Off? A series of bad U.S. economic reports showing weakening employment, manufacturing and construction data pushed the stock market sharply lower ... >> Read More
John Albanese: A Titan in the World of Numismatics
Celebrated for his significant influence in the numismatic community, John Albanese has left an indelible mark on the industry through his numerous contributions and innovation. John began his numismatic journey in 1978, with the establishment of his own company. It wasn't long before his expertise and dedication opened up additional opportunities. In 1986, John co-founded the Professional Coin Grading Service (PGCS) which, at the time, set the gold standard for professional coin grading. The following ... >> Read More
The Truth about Gold and Fed Easing Cycles
There is an often-quoted market adage: "In Wall Street, what has happened before will happen again." It's true. Investors who look at market cycles and invest accordingly can benefit from the knowledge of history. That leads us to one of the biggest economic questions of 2024 for gold investors: What does history tell us about how gold performs during Fed easing cycles? New research from the Wells Fargo Investment Institute provides the answer: "the average ... >> Read More
Breaking news: Fed says rate cut could come in Sept. Gold climbs!
Fed Signals Rate Cuts May Come Before Election Gold traded higher after the Federal Reserve held interest rates steady at its meeting today. However, the central bank made an important pivot in how it talked about the economy, signaling to Wall Street that it is getting closer to an interest rate cut. Gold is climbing in afternoon trading at $2,449.90, not far from its record high set earlier this month at $2,469.70. At the Fed's post-meeting press ... >> Read More
Chasing the Dream: An Olympic Gold Medal
This summer in Paris, 10,500 of the best athletes from around the globe will compete across 32 different sports for the ultimate prize: an Olympic gold medal. As billions of viewers around the world watch the hope, glory and defeat, competing at the Olympic Games is the moment these athletes trained a lifetime for. To these athletes, the value of winning a gold medal at the Olympic Games could never be measured in dollars, but ... >> Read More