Market News

This Coin Owes Its Origins to the 3 Cent Stamp

This Coin Owes Its Origins to the 3 Cent Stamp

Market News, Rare Coins |
In 1851, a U.S. postage stamp cost 3 cents. America was growing fast at this time and the California Gold Rush prompted the development of new U.S. gold coins. The Mint Act of February 21, 1853 authorized a $3 gold coin. The $3 gold coin matched up with an existing 3 cent silver piece, which was already heralded as a convenient coin for Americans to buy stamps. Numismatics widely assume that the $3 gold piece ... >> Read More        
The Story of Benjamin Franklin’s Libertas Americana Coin

The Story of Benjamin Franklin’s Libertas Americana Coin

Market News, Rare Coins |
It was October of 1781. US forces had recently defeated the British in Yorktown. The win was a turning point in the Revolutionary War. Though it would be nearly two more years until the US claimed victory, many were beginning to see how the war would end bringing a close to more than 8 years of bloody battle. Ben Franklin was in Paris when he learned the news of the US victory in Yorktown. Thrilled ... >> Read More        
9 Tangible Asset Investing Terms Demystified

What the End of Globalization Means for You

Gold, Investment, Market News |
Globalization gets a bad rap. Just like much of economics, globalization is a zero-sum game. There are Winners and Losers American manufacturing workers were losers during the recent wave of globalization. It's blamed for massive job loss here in America as manufacturers chased cheaper labor opportunities in other parts of the globe. To be fair, however, many economists point out that technology also contributed to the loss of manufacturing jobs. American consumers won as our ... >> Read More        
Three Truths, And a Lie About Gold

Three Truths, And a Lie About Gold

Gold, Investment, Market News |
Investors sometimes hesitate when contemplating a gold purchase. They are unsure of about taking the next step because they find commodities confusing. This uncertainty is understandable. Gold is nebulous. It doesn’t trace back to a product, service, or a board of directors. In contrast, stocks and bonds are less opaque. They are the life blood of one of the most American of institutions: the corporation. People understand the basic idea of these two asset classes ... >> Read More        
Why Your Tangible Assets Portfolio Should Include Rare Coins

Why Your Tangible Assets Portfolio Should Include Rare Coins

Market News, Rare Coins, Research |
It's commonly know that gold is a great hedge against inflation and a proven portfolio diversifier. What isn't commonly known is that investments in U.S. rare coins do an even better job at growing your long-term investment returns. In fact, the investment return on U.S. rare coins over the last 40 years is higher than other assets and TWICE THAT OF GOLD, according to an independent study by Raymond E. Lombra, Ph.D., entitled The Investment ... >> Read More        
What Does the Repo Market Drama Mean For You

What Does the Repo Market Drama Mean For You?

Investment, Market News, Research |
Attention passengers, the pilot has turned on the seat belt sign. There is turbulence ahead. The latest drama in the repo market may be a wake-up call that all is not right in the banking system. The repo market, a little-talked about corner of the U.S. financial system has been making headlines in recent weeks. Even if you've never heard of the repo market before, this latest news could be a warning signal that the ... >> Read More        
1861 Indian Princess

The Tumultuous Times of the 1861 Indian Princess Gold Coin

Market News, Rare Coins |
In the wild days of the California gold rush (1848-1855) the supply of gold surged in the US. This influx reinvigorated Congress’s interest in producing a gold coin dollar. Originally, the idea to issue a one-dollar gold coin came from Alexander Hamilton, the Secretary of the Treasury. For a long time, government officials, and the US public, advocated for such a coin. Their argument was that issuing a one-dollar gold coin would be convenient in ... >> Read More        
Game of Thrones Coin: Mithradates VI Stater

Game of Thrones Coin: Mithradates VI Stater

Market News, Rare Coins |
Well … almost. Here, see what we mean: Matricide. Fratricide. Filicide. The slaughter of an entire Roman province of 80,000. Who would do such things? Sounds like a villain out of Game of Thrones, right? Unfortunately, these acts are all too real. They were committed by King Mithridates IV, ruler of the Kingdom of Pontus. Mithridates was loved by his people as their savior from Rome’s oppression. Rome, on the other hand, hated him as ... >> Read More        
A Shipwreck for the Ages: The S.S. Central America

A Shipwreck for the Ages: The S.S. Central America

Market News, Rare Coins |
The siren song of gold called from California to every corner of the country. Across the nation, men (and a much smaller number of women) sold their possessions, borrowed money, and spent their savings to get themselves to the Promised Land. The journey, however, was perilous. Prospective gold miners, called ’49ers for the year (1849) that the Gold Rush started, traveled overland across mountain ranges, sailed to Panama, and sailed around Cape Horn – all ... >> Read More        
Morgan Dollars

Over 270 Million of These Coins Were Melted

Market News, Rare Coins |
Over 270 million Morgan silver dollars met their fate in the melting pot under the provisions of the Pittman Act of 1918.   The U.S. government ordered this dramatic move to save Great Britain from a banking collapse and may have also helped the Allies win the war. How did this great silver meltdown come to pass? Back then, international trade was conducted in gold. Allies were buying steel, food and supplies to maintain their ... >> Read More