Precious Metal & Rare Coin Market News

Monnaie de Paris

Top Three Oldest Mints in the World

Market News, Rare Coins |
Lydia: 7th century BC Monnaie de Paris: AD 864 British Royal Mint: AD 880 Today the U.S. Mint is the largest mint in the world, producing as many as 28 billion coins in a year. The Philadelphia Mint stands as the largest physical site in the U.S., which covers over 650,000 square feet and can produce up to 32 million coins in a year. However, there is a rich history of coin production that spans ... >> Read More        
Gold bars

The Indian and Chinese Connection to Gold

Gold, Market News |
In 2023, India overtook China as the most populated country in the world, with a total of 1.428 billion people. China is a close second at 1.425 billion citizens. Compare that to the United States of America's total population at 335 million. This matters to the gold market because Asian demand from India and China make up nearly 50% of global gold demand. A Little History During the last half of the 1900's, Chinese citizens ... >> Read More        
The Libertas Americana medal

Benjamin Franklin’s Masterpiece: The Libertas Americana Medal

Market News, Rare Coins |
The Libertas Americana medal, conceived and authorized by Benjamin Franklin, was a tribute to American independence and France's support in that valiant endeavor. The medal's dramatic imagery on the reverse symbolically retells the story of the American Revolution, with the dates 1777 and 1781 inscribed to represent the two greatest American victories at the Gates of Saratoga and Washington at Yorktown. Notably, Franklin commissioned the creation of this medal on his own, not on the ... >> Read More        
Gold and Silver coins

How Emerging Markets Will Support Gold’s Future

Gold, Market News |
Today, close to two-thirds of the global demand for gold comes from emerging markets. The two largest players in this segment are China and India. China’s annual gold consumption averages about 1,120 tons per year while India’s is roughly 800 tons. This means that understanding the future of gold as an investment requires a clear picture of what the future of these two countries holds. Here, we look at the major economic initiatives driving the ... >> Read More        
Large gold bars on dark background with person polishing

The Relationship Between the Price of Gold and the 10-Year TIPS Yield and Why it Matters

Gold, Market News |
For more than 15 years, there has been a stable, inverse relationship between gold and US bond yields adjusted for inflation. Typically, higher Treasury yields have the effect of bringing gold prices down because gold, which has no yield, is less attractive in comparison. Between 2006 and 2021, the correlation coefficient between the two has been -0.933 indicating an almost completely opposite relationship. Today, that’s changing. The breakdown of this correlation seems strangely fitting in ... >> Read More        
One Ounce American Gold Eagle

Top 5 Gold Bullion Coins for Investors

Gold, Market News, Rare Coins |
American Gold Eagle American Gold Buffalo Canadian Gold Maple Leaf Australian Gold Kangaroo Austrian Gold Philharmonic For thousands of years, people around the world built wealth with gold. Today, gold remains a proven strategy for investors to diversify their portfolios and protect and grow their wealth. Owning physical gold has many benefits over "paper" gold like exchange-traded funds (ETFs) or mining stocks. ETFs and mining stocks do not always follow the price of gold and ... >> Read More        
Global instability

Gold Climbs to 2-Week High as Middle East Conflict Escalates

Gold, Market News |
Gold climbed to a two-week high after military conflict and violence escalated between Israel and the Palestinian group Hamas. Investors turned to gold as the heightened geopolitical unrest increased the precious metal's safe-haven appeal. Throughout history, during war and military conflict, gold has been used as a safe store of value. Gold jumped from a low of $1,822.70 early in October to as high as $1,873 mid-week. If the Middle East violence continues to escalate, Wall ... >> Read More        
1850 $5 Baldwin & Co. Gold Coin

The 1850 $5 Baldwin & Co. Gold Coin is a Throwback to the Era of Private Minting

Gold, Market News, Rare Coins |
The NFTs and cryptocurrencies of today might signify a growing desire to move away from government-issued currency. However, as modern as these innovations may be, the independent spirit behind them has long been part of American history dating back to the California gold rush. During that era (1848–1855) private minting was legal.  There were several reasons for this. First, at the time, the western frontier of the US had very little government oversight. Few laws ... >> Read More        
The Alaska RRC Bingle: A New Deal Era Coin Used by Farmers

The Alaska RRC Bingle: A New Deal Era Coin Used by Farmers

Market News, Rare Coins |
Imagine you were struggling financially during the Great Depression. In that scenario, a government offer to move you to Alaska to farm a 40-acre plot of land could have sounded like a good deal. Indeed, 203 pioneer families did just that in May 1935 as part of President Franklin D. Roosevelt's New Deal plan to help move the country out of the Great Depression through massive public works projects.  The adventuresome pioneers moved to Matanuska ... >> Read More        
gold bars

Investment Grade Bonds Heading for Third Year of Decline

Gold, Market News |
For decades, the standard advice from investment professionals was to invest a portion of your portfolio in bonds – for safety and security. The general investment idea was that if the stock portion of your portfolio goes down, bonds will go up. In recent years that correlation has failed—leaving investors with big losses on both the stock and bond sides of their portfolio. Looking back In 2022, the S&P 500 fell 18.01%. That's when bonds ... >> Read More