Category Archives: Gold Bullion

Gold Dealers Seeing New Buyers While Some Earlier Buyers Are Now Selling

“If you don’t know gold, you’d better know your gold dealer,” cautions the leader of the Accredited Precious Metals Dealer program of the Professional Numismatists Guild   Dealers who sell bullion gold and silver bullion coins report an increase in new customers who want to own precious metals. They also are seeing some earlier customers […]

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American Gold Eagle Approaches 35th Anniversary With Design Change Looming

By Bullion Shark LLC …… During the first decade after it became legal again for Americans to own gold coins in 1974, the South African gold Krugerrand dominated the world gold coin market, accounting for 90% of coins traded. Around this time, Representative Ron Paul (R-TX22) led an effort to develop an American gold investment […]

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Dillon Gage Offers Dealers Pre-Orders on New Maple Leaf Coins From Royal Canadian Mint

Canadian Coins Popular Around the World Available in Gold, Silver and Platinum For an opportunity to own three of the world’s most popular coins, Dillon Gage Metals – a world leader in physical precious metals trading and technology serving dealers, financial institutions, banks and brokerage houses around the globe – is now offering pre-orders on […]

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Stack’s Bowers Galleries Announces Their Inaugural Precious Metals Auction

Bidding ends Wednesday, October 2, 2019 at 10:00 am PT Stack’s Bowers Galleries is proud to announce their Precious Metals Auctions, a new auction platform for buying bullion with no buyer’s fees. The interest in bullion has seen a steady increase over the past several years, as interest in this historically stable investment category grows. […]

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New Influx of Fake Gold Bullion Unsettling Investors Around the World

Increasing sophistication of bullion forgeries a concern for the United States Mint as well   By Joshua McMorrow-Hernandez for CoinWeek ….. While the numismatic world combats a growing number of sophisticated counterfeit coins from Asia, another major challenge has arisen for those who deal in gold bars. As Reuters has recently reported, there has been […]

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Price Sensitive But Value Foolish

At the American Numismatic Association World’s Fair of Money in Rosemont, Illinois I had various conversations with other dealers about how some customers and potential customers are incredibly critical about small differences in prices quoted by different dealers for a particular product, but who end up purchasing an item that does not offer the best value for the purpose for which they made the purchase.
Let me share with you three real-world examples of what I mean.
The 2019 bullion gold Eagle contains one gold troy ounce and bears a $50 face value

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Why Are Premiums on Sovereign Bullion Higher Than on Generic Bullion?

By Bullion Shark LLC …… Coin collectors and precious metals investors often ask the question: “Why would I pay more for an American Silver Eagle if it contains the same precious metal content as a 1 oz silver round?” This is a great question, and it can be answered with a variety of answers. However, […]

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Tone of the Current Coin Market is Optimistic

Anxiety!
The threat of a war with Iran, the Federal Reserve Bank considering lowering interest rates at its next meeting, and gold; the metal which has been quietly appreciating modestly suddenly took off as the US dollar dropped in exchange rate value on the world market.
This in turn impacted gold bullion and collectible gold coins. Silver followed the spot price of the yellow metal, although not as dramatically

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Gold Price Jump Increases Potential for Gold-Selling Scams, Experts Caution

With the recent, rapid jump in the price of gold, investors should beware of scam artists trying to lure them with urgent claims of too-good-to-be-true low prices and quick, guaranteed bullion market profits, cautions leaders of the Accredited Precious Metals Dealer (APMD) program, a division of the nonprofit Professional Numismatists Guild (PNG). “Don’t make a […]

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Why Are Americans Dumb Precious Metals Traders?

When it comes to buying and selling physical precious metals, it seems like the majority of Americans tend to get their timing wrong.
India and China are the world’s two largest gold and silver consuming nations.  Invariably, residents in those nations buy precious metals when prices are low

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Why you want lower gold and silver prices

I advocate that the prudent person should allocate a minor percentage of their investment portfolio or net worth to the ownership of bullion-priced physical gold and silver. In my mind, this is buying “wealth insurance.”
The concept behind doing so is that the value of gold and silver tends to move counter to the changing values of paper assets such as stocks, bonds, and paper currencies

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Precious Metal News: The Problem With Venezuela’s Gold

By Everett Millman – Gainesville Coins …… If you haven’t noticed, Venezuela is in absolute turmoil. The growing calamity has economic, political, and humanitarian dimensions that are beginning to spread across South America. Aside from a growing refugee crisis and shortages of food and medicine, the country is dealing with political upheaval and runaway inflation. Its […]

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Buyers return to gold coin market

Many classic American gold coins can be purchased for little more than bullion melt value in current market conditions. These coins combine bullion investment and numismatic interest.
When the price of gold vaulted over $1,200, it sparked a return to the physical gold market of former customers along with new retail buyers, according to officials of the Professional Numismatists Guild

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CoinWeek Podcast: Precious Metals Markets – A Look Behind the Curtain…

CoinWeek Podcast #105: Precious Metals Markets – A Look Behind the Curtain with Kitco’s Peter Hug Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. This week on the CoinWeek Podcast, Peter Hug, Kitco’s Director of Global Trading, joins us to give listeners a true […]

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The Once and Future King: A (Brief) History of Gold Coins in America

By Ron Drzewucki – Modern Coin Wholesale ….   Long appreciated for its beauty, rarity and practicality, gold is the ultimate coining material. It’s true that even rarer metals can be made into bullion coins, and cheaper, more common substances make up our circulating coinage. But gold and alloys of gold have been there from […]

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Silver, Gold American Eagles Most Counterfeited Bullion Coins: ICTA

By Industry Council for Tangible Assets ……   Since 1986 when the United States Mint first introduced silver and gold American Eagle bullion coins, they have been top sellers in the United States as well as around the world. A new survey conducted by the Anti-Counterfeiting Task Force (ACTF) indicates the popular U.S. bullion coins […]

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The inverse relationship of precious metals and Bitcoin

Background image by Uberpenguin.
In my previous article discussing the rise of Bitcoin as a possible form of digital bullion, I compared and contrasted its measure of value in comparison to gold and silver bullion

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CoinWeek IQ: What Got You Into Gold? with Pat Heller – 4K Video

At the American Numismatic Association’s (ANA) 2017 World’s Fair of Money, CoinWeek Assitant Editor Hubert Walker met up with hard money advocate and ANA award-winning coin dealer Pat Heller to discuss how Heller first got interesting in gold and silver bullion and how the administration of President Donald J. Trump and foreign speculation in metals […]

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CoinWeek IQ: What Got You Into Gold? with Pat Heller – 4K Video

At the American Numismatic Association’s (ANA) 2017 World’s Fair of Money, CoinWeek Assitant Editor Hubert Walker met up with hard money advocate and ANA award-winning coin dealer Pat Heller to discuss how Heller first got interesting in gold and silver bullion and how the administration of President Donald J. Trump and foreign speculation in metals […]

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Counterfeit Gold Found in Royal Canadian Mint Package

By CoinWeek News Staff …. Ottawa jeweler Samuel Tang bought what he thought was a genuine 1 oz, .9999 fine gold wafer from his local branch of the Royal Bank of Canada on October 18. At first glance, he had no reason to suspect anything was amiss; the wafer seemed to feature all the right […]

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Newest Royal Mint Britannia Releases from APMEX

APMEX, Inc., a leading Precious Metals retailer based in Oklahoma City, is pleased to announce that the new 2018 Gold and Silver Britannias are now available for pre-order. These are the latest additions to one of the most popular coin series in the world. The Royal Mint introduced the Gold Britannia in 1987, showcasing a […]

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New Limited Mintage Chiwoo Medals Available Now from APMEX

APMEX, Inc., a leading Precious Metals e-retailer based in Oklahoma City, is thrilled to announce the latest release in the extremely successful Chiwoo Cheonwang Medal series from KOMSCO, the official mint of South Korea. The inaugural release in 2016 garnered an impressive following almost immediately and these newest 2017 editions are sure to spark even […]

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PNG: Three Tips To Avoid Gold Scams

Following the recent fraud charges filed by the Commodity Futures Trading Commission (CFTC) against a California gold seller, a trade group composed of veteran precious metals experts is urging investors to take three important steps before making any purchases of gold, silver or platinum ​bullion ​coins or ingots. “To avoid paying too much when you […]

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GoldDealer Precious Metals Market Report – Gold Moves Higher After FOMC Announcement

Precious Metals Market Commentary for Wednesday, July 26, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $2.70 today at $1249.40 – this before the FOMC released its latest thoughts concerning interest rates. Gold opened a bit lower today reaching $1245.00 before turning higher – so we […]

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NTR Metals and Illegal South American Gold

By Joshua Gibbons – About.Ag – for CoinWeek …. When I first heard about Peruvian gold smuggling early last year, I didn’t really believe it. I was talking to the owner of a bullion dealer that I suspected was in financial trouble, and he said that NTR Metals was caught smuggling $20M of gold from […]

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Will the Trump administration make gold great again?

Donald Trump has been interested in gold for decades and once reportedly accepted rent payment in gold bars when APMEX was opening a New York branch back in 2011 (see photo above, or scroll down for video). He also bought a large quantity of gold for about $185 an ounce when gold ownership was legalized in 1975, and sold at just under $800 an ounce years later

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Will the Trump administration make gold great again?

Donald Trump has been interested in gold for decades and once reportedly accepted rent payment in gold bars when APMEX was opening a New York branch back in 2011 (see photo above, or scroll down for video). He also bought a large quantity of gold for about $185 an ounce when gold ownership was legalized in 1975, and sold at just under $800 an ounce years later

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Hacks for Buying Gold or Silver Bullion Cheap – 4K Video

Hacks for Buying Gold or Silver Bullion Cheap is an informative video that every gold and silver bullion buyer should see. In 2016, the Professional Numismatists Guild launched an innovative program centered around the concept of creating a safe market for buyers of gold and silver bullion. The Accredited Precious Metals Dealer Program (APMD) helps protect […]

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Royal Mint UK, CME Group Launch Blockchain Based Digital Gold Product

Partnership to build digital gold product on blockchain technology to be available in 2017 The Royal Mint, the world’s leading export mint, and CME Group, the world’s leading and most diverse derivatives marketplace, today announced a collaboration to transform the way that market participants can trade gold. The Royal Mint, a 1,000-year-old institution owned by […]

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South Africa Marks Bullion Coin’s 50th Anniversary with First Ever Silver Krugerrand

2017 marks the milestone 50th anniversary of the world’s first modern gold bullion coin: the South African Gold Krugerrand. The Krugerrand remains the most widely held bullion coin in the world, and the most traded coin in history. The Krugerrand has been the model for all other bullion coins issued since its 1967 debut. But […]

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New Bullion Coin from Pobjoy Mint: 2016 Isle of Man Gold Christmas Angel

Issued on behalf of the Isle of Man with a mintage of only 1,000 coins This is the last Christmas Gold Angel to be released by Pobjoy Mint on behalf of the Isle of Man Every year a special 1/20oz Gold Angel is released on behalf of the Isle of Man to celebrate the Christmas […]

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The Coin Analyst – Should the U.S. Return to the Gold Standard?

By Louis Golino for CoinWeek …… August 15 marks the 45th anniversary of the end of the gold standard. In 1971 President Richard M. Nixon ended the convertibility of the dollar with gold, which paved the way for the system of floating, fiat currencies that exists today. Ever since then the U.S. dollar has continued […]

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Gold Markets Report – Gold Closes Strong on BOJ News

Commentary for Friday, February 5, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $16.50 today on the Comex at $1350.30. This is the highest level gold has seen this week – the lowest close being 1319.30 – the spread being $31.00. The gold markets got a surprising […]

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February Gold, Silver Bullion Sales Down at Perth Mint

By CoinWeek News Staff….   In February 2016, the Perth Mint sold 37,063 ounces of gold and 1,049,062 ounces of silver in the form of coins and minted bars. The Mint sold 10,696 fewer ounces of gold last month compared to January, representing a 22.40% decrease from the beginning of the year’s spike in demand. […]

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CoinWeek IQ: How Gold Coins Are Made: Spotlight on the Vienna Philharmonic Gold Coin – 4K Video

In January 2016, the Austrian Mint gave CoinWeek unprecedented access to the inner workings of their state-of-the art coining facility. In this video, we share with you how gold planchets are made, we get to watch as a press operator replaces a pair of broken dies, we see the striking of Gold Vienna Philharmonic coins, and […]

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Royal Canadian Mint “Predator” Bullion Coin Series, “Call Of The Wild” Coin Feat. Grizzly

Building on the success of previous specialty bullion coin series, the Royal Canadian Mint has launched a new “Predator” 1 oz., 99.99% pure silver bullion coin series. It has also issued a new a 1 oz., 99.999% pure gold bullion coin from its “Call of the Wild” series, featuring the “Roaring Grizzly”. Both coins were […]

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Where Bullion Investing And Coin Collecting Merge – PART 1

by Al Doyle for CoinWeek Are you a collector or investor? The answer doesn’t have to be an either/or proposition. More than a few coin enthusiasts have a favorite series or two they pursue as a hobby while investing in gold and silver bullion for financial insurance. That’s the ideal situation, but what about the […]

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The Gold Newsletter – Gold Bounces Higher on a Short-Covering Rally

Commentary for Friday  April 24th , 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $12.30 today on the Comex at $1186.80 and was good for a few bucks more in the aftermarket. The store also saw strong Asian interest today and the gold Exchange Traded Funds moved […]

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The Gold Newsletter – Gold Moves Higher Despite a Stronger Dollar

Commentary for Wednesday February 26th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed higher again today on the Comex up $8.60 at $1209.60 even though the dollar reached a monthly high against the euro. This from Market Watch – “Core CPI rose 0.2% in January, beating a consensus […]

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The Gold Newsletter – Gold Retreats as the Jobs Report Beats and the Dollar Soars

Commentary for Friday February 6th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $28.40 at $1233.90 on the Comex today but flattened out into “steady” to slightly higher in the aftermarket as the dollar headed for higher ground. Gold took a vacation this morning as the government […]

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Gold Newsletter – Gold at Five Month High Waiting on the Next EU Move

Commentary for Tuesday January 20th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed up $17.30 at $1294.20 so momentum is in the bull’s corner – for now – and the technical picture for gold short term is solid. This strong finish after the US holiday on Monday is […]

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The Once and Future King: A (Brief) History of Gold Coins in America

By Ron Drzewucki for Modern Coin Wholesale…. Long appreciated for its beauty, rarity and practicality, gold is the ultimate coining material. It’s true that even rarer metals can be made into bullion coins, and cheaper, more common substances make up our circulating coinage. But gold and alloys of gold have been there from the beginning […]

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Gold Newsletter – Gold’s Momentum Stopped by Profit Taking

Commentary for Wednesday January 7th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $8.70 at $1210.60 on short term profit taking and a stronger US dollar. And the rebound in equities took away some of the tension created with a lower DOW and a troubled European Union. […]

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World and Metals Market Update

Courtesy of  Everett Millman and  GainesvilleCoins.com ………. ABSTRACT: Signs from China that its economy is slowing spelled a down week for the stock markets around the globe, while governments and central banks continue to explore ways to avoid a recession. U.S. indices closed higher, but were more volatile, than their European and Asian counterparts due […]

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A Golden Anniversary: Four Decades of the Right to Choose Metal over Paper

Guest Column by Anthem Hayek Blanchard for CoinWeek.com….   January 1st, 2015 will mark the 40th anniversary of the demise of gold ownership restriction for U.S. citizens. It was on that date in 1975 that an act of Congress signed by President Gerald Ford struck down Executive Order 6012. Enacted by President Franklin D. Roosevelt […]

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