Precious Metal & Rare Coin Market News
Fed fails to act at today’s meeting, Gold up 23% in 6 months
Still-Rising Inflation Forced Fed to Keep Interest Rates at 23-Year High The Federal Reserve failed to surprise anyone as it left interest rates unchanged at the end of its Wednesday meeting. Recent economic data has revealed inflation higher-than-expected for the past three months. What's more, inflation levels are once again rising—not falling. The Fed's long battle with inflation is far from over, and the road to get to a 2% inflation level could be a ... >> Read More
Top Five Unique U.S. Pattern Coins
Within numismatics, pattern coins are an intriguing and historically significant group of U.S. rare coins. Before striking new designs for circulation, the U.S. Mint produces a pattern coin to see how the proposed features work in three dimensions. Collectors are attracted to pattern coins as many boast unusual features that were never adopted for circulation. Let's take a look at five of the most unique U.S. pattern coins: 1792 Copper Birch Cent J-4 1792 Cent ... >> Read More
Internet Conspiracy Theories Abound About Fort Knox Gold
From time to time conspiracy theories arise on social media and internet chat boards about the gold in Fort Knox. According to official records, the United States of America has the largest gold reserves by a long shot. No other country even comes close. Today, questions are swirling around the Internet again about our nation's gold reserves. So we dig into some of the facts to let you decide what you think. There is fascinating ... >> Read More
8 Most Desired El Cazador Shipwreck Coins
When it comes to shipwrecks, few have had as profound an impact on shaping America's history as El Cazador. This vessel's story is not just one of maritime tragedy, but also of the extraordinary treasure it carried and the ripple effects of its loss. This piece will delve into the remarkable coin discoveries from this legendary vessel, exploring El Cazador shipwreck coin value, as well as: The captivating history of El Cazador. The consequences of ... >> Read More
King Charles III Coronation Sovereign Proof
The coronation of King Charles III on May 6, 2023 was a seminal event in world history. The British monarchy had not crowned a new monarch since Queen Elizabeth II ascended to the throne in 1953. Many British subjects had lived their entire lives during the reign of Queen Elizabeth II, until she passed in September of 2022. The coronation took place at Westminster Abbey in London, as was typical of these important celebrations. It ... >> Read More
Copper Shortage Paves Way for Small Flying Eagle Cent
The Flying Eagle Cent, a perennially popular coin among collectors, has its origins in a copper shortage in the U.S. in the 1850s. While copper has a rich history and was first used in coins around 8000 B.C.—in the United States in the 1850s—copper mining had yet to reach its heyday. Compare these numbers for perspective. In 1845, copper production totaled a mere 13 tons in Michigan (the largest copper producer in America at the ... >> Read More
How to Identify Rare Coins: Your Ultimate Checklist
Stumbling upon a potentially rare coin unexpectedly can be thrilling for collectors. Nevertheless, discerning rarity is no easy feat. This determination hinges on various factors that necessitate going beyond surface assessment, prompting a nuanced exploration of the coin's characteristics. This article aims to answer the question “How do you find out if you have a rare coin?”, focusing on: Signs for spotting rare coins. Illustrative cases of rare coin identification. Tips for owners of rare ... >> Read More
The Intriguing Story Behind the Nuestra Señora de Atocha Coins
Of the many shipwrecks in history, the Nuestra Señora de Atocha stands out as one of the most important because of its remarkable legacy. This renowned vessel's tale of loss and rediscovery has captured the imagination of countless adventurers, historians and numismatists alike. Among its treasures, the Atocha shipwreck coins hold a special allure that this piece will explore, delving into: The history of this Spanish galleon. The significance of the coins recovered from the ... >> Read More
The World’s 8 Largest and Most Famous Coin Hoards Discovered to Date
Avid coin enthusiasts will undoubtedly be familiar with the euphoria of stumbling upon a rare piece. This feeling, however, pales in comparison to the exhilarating sensation of unearthing an entire coin hoard. These hoards narrate captivating stories of bygone eras, encapsulating fortunes and monetary relics carefully preserved through time. This article explores the most renowned coin hoard discoveries globally, including the largest coin hoard ever found in the US, focusing on: The practice, history, and ... >> Read More
Presidential Election 2024: It’s the Economy, Stupid
Back in 1992, the U.S. was mired in a recession. Bill Clinton was mounting a presidential campaign to take the White House. And, incumbent president George HW Bush was seen as out of touch with the needs of everyday Americans. A Clinton advisor became famous for the phrase: "It's the economy, stupid." Indeed, the Clinton campaign highlighted the failing economy at every turn and won the White House, perhaps in part due to that strategy ... >> Read More