By Jan Nieuwenhuijs for Gainesville Coins …… An important change has unfolded in the global gold market. The “East” has been driving up the gold price, predominantly in late 2022 and the first months of 2023, breaking the “West’s” long-standing pricing power. Until recently, Western institutional money was driving the price of gold in […]
The post Western Nations Are Losing Control Over the Gold Price appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
By Jan Nieuwenhuijs for Gainesville Coins …… By obstructing gold import and export, the People’s Bank of China (PBoC) greatly amplifies the gold premium or discount on the Shanghai Gold Exchange (SGE) relative to metal traded in London. In the past 12 months, the PBoC has restricted gold import to curb capital flight and defend […]
The post The People’s Bank of China Manipulates the SGE Gold Price appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
By Jan Nieuwenhuijs for Gainesville Coins …… The USD price of gold has been declining in the past two months, though it continues to show significant strength against the 10-year TIPS yield, to which it was tightly correlated from 2006 until 2021. Gold’s performance since early 2022 must be seen as bullish. A big change […]
The post Despite Declining Price, Gold Is Strengthening appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
By Jan Nieuwenhuijs for Gainesville Coins …… In , it’s a state secret where the central bank stores its gold domestically. From all the information I could gather, I conclude that the Swiss central bank primarily stores its gold—and that of foreign central banks and the Bank for International Settlements—on Bundesplatz 1 in the capital […]
The post Swiss Central Bank Moved Gold From Berne to Kandersteg Bunker appeared first on CoinWeek.
By Joshua McMorrow-Hernandez for Gainesville Coins …… Wouldn’t it just be grand to buy gold or silver at spot price? Think about that pile of metals in your vault growing ever higher, all at the price of what the metal is really worth. Eliminate the middleman — no numismatic premiums. And all the while that […]
The post Why You Can’t Buy Gold or Silver At Spot Price appeared first on CoinWeek.
By Steven Cochran for Gainesville Coins …… In 2009, the United States Mint marked the 200th anniversary of Abraham Lincoln’s birth with a four-coin series of circulating commemorative cents. Known as the “Lincoln Bicentennial” series, the program consisted of four different reverse designs marking major milestones in Lincoln’s life. The 2009 Lincoln Bicentennial Designs The […]
The post 2009 Lincoln Bicentennial Cent Designs and Values appeared first on CoinWeek.
By Jan Nieuwenhuijs for Gainesville Coins …… Some gold commentators are writing that the Central Bank of Russia (CBR) has linked the Russian ruble to gold, but this is not true. In the fog of war, the first causality is the truth; this time is no different. Information coming from either side of the war […]
The post Is the Russian Ruble Linked to Gold? appeared first on CoinWeek.
By Crystal Gomez – Content Writer, Gainesville Coins …… Between 1900 and 1930, Colombia made special coins for leprosy colonies. In this epoch, leprosy cases had reached an all time high. While statistics may have been exaggerated about the actual number of people with leprosy, the country was still left with the problem of keeping […]
The post Offbeat Numismatics: The Leper Colony Coins of Colombia appeared first on CoinWeek.
By Crystal Gomez – Content Writer, Gainesville Coins …… Between 1900 and 1930, Colombia made special coins for leprosy colonies. In this epoch, leprosy cases had reached an all-time high. While statistics may have been exaggerated about the actual number of people with leprosy, the country was still left with the problem of keeping […]
The post Offbeat Numismatics: The Leper Colony Coins of Colombia appeared first on CoinWeek.
By Joshua McMorrow-Hernandez for Gainesville Coins …… As many collectors find, values for 1970s Washington quarters are all over the map. The value of any coin depends on various factors. These include: Its intrinsic precious-metal content (even base-metal clad coins have some intrinsic value) Its date and mintmark combination The grade or condition of the […]
The post 1970s Quarter Values: Prices and Overview appeared first on CoinWeek.
By Paulina Likos for Gainesville Coins …… Administered by the London Bullion Market Association (LBMA), the London Gold Fix is considered the authority on gold and precious metal valuations. It is the process for how daily prices for gold, silver, and other precious metals are set. The London Gold Fix is established based on […]
The post The London Gold Fix: A Brief Guide appeared first on CoinWeek.
By Steven Cochran for Gainesville Coins …… Virtually all Standing Liberty quarters are worth more than their melt value (roughly $5). Many of them are worth hundreds of dollars, in fact. The Standing Liberty quarter does not get the publicity that the Mercury dime or the Walking Liberty half dollar does, but it still […]
The post Standing Liberty Quarters Worth Money appeared first on CoinWeek.
By Steven Cochran for Gainesville Coins …… The 1888 Morgan silver dollar is best known for its interesting die varieties. For collectors of rare varieties and error coins, this is certainly a key date in the Morgan dollar series. What is an 1888 Silver Dollar Worth? Here is a table of average prices for 1888 […]
The post The 1888 Morgan Dollar: Key Varieties & Prices appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… It’s quite common to find Buffalo nickels that are dateless—missing the four digits that indicate the year the coin was made. We’ll examine why this happened and help you determine how much no-date Buffalo nickels are worth. Why Some Buffalo Nickels Have No Date As amusing as it is […]
The post No-Date Buffalo Nickels: How to Find Their Value appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… New economic sanctions against Russia will target the country’s gold exports. Several of the Group of 7 nations (known as the G7) have banned any Russian gold from entering their countries as of Sunday, June 26. Who is Banning Russian Gold? In addition to the United Kingdom, the United […]
The post Biden and G7 Ban Russian Gold Imports appeared first on CoinWeek.
By Joshua McMorrow-Hernandez for Gainesville Coins …… Most steel pennies are worth between 20 cents and 20 dollars. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. This applies within and even beyond […]
The post 1943 Steel Pennies: How Much They Are Worth Now appeared first on CoinWeek.
By Steven Cochran for Gainesville Coins …… The 1965 Washington quarter was the first US quarter not made of 90% pure silver. This transition from silver “hard money” to copper coinage resulted in the rare and valuable 1965 silver quarter. The 1960s Silver Crisis Economic expansion caused skyrocketing silver prices in the early 1960s, causing […]
The post 1965 Silver Quarter Value: Error Coins and History appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… Palladium is currently in a supply deficit. This is the main reason that prices have climbed so much recently. The shortfall in the palladium supply has been building for several years. Of course, demand from the automotive industry is also playing a role. As Jim Wyckoff of Kitco […]
The post Why Palladium Prices Keep Going Up appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… It’s every goldbug’s favorite pipe dream: a return to some kind of gold standard that backs our money. Nothing remotely like a gold standard has been used anywhere in the world in almost 50 years. A true gold specie standard–the use of gold coins as money–hasn’t been in effect […]
The post Will Gold-Backed Currencies Be Revived? appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… Bitcoin vs. Gold: What’s the Difference? The financial media has at times struggled to cover the emerging sector of cryptocurrencies. By now many have at least heard of the first and most prominent cryptocurrency, Bitcoin. If you ask a crypto enthusiast why Bitcoin is different from the thousands of […]
The post Bitcoin vs. Gold: 10 Crystal-Clear Comparisons appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… Since this past December’s swoon for stock markets around the globe, investor interest in precious metals has seen a resurgence. You would expect a rebound in sales after the United States Mint experienced sharply declining mintage totals for U.S. bullion coins in 2018, namely the American Silver Eagle. However, […]
The post Silver Eagle Demand Exhausts U.S. Mint Supply appeared first on CoinWeek.
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 […]
The post Precious Metal News: The Problem With Venezuela’s Gold appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… About five years ago in India, the newly-elected government of Prime Minister Narendra Modi continued with the previous administration’s new legal measures designed to ease the imbalance of gold flows into the country. Demand from Indian households (many of them rural farmers) brings hundreds of tons of gold across […]
The post Precious Metals & Bullion News: Press, Public Criticize India Gold Scheme appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… One of the many fascinating aspects of coins from Ancient Rome is that they are found over a very large geographical area. You’ll find them scattered across Europe, Britain, and North Africa in addition to Rome proper. This is evidence of the great territorial expanse of the Roman Empire […]
The post Metal Detecting Brothers Unearth Ancient Roman Coins in Belgium appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… India is routinely the world’s leading country in terms of annual gold demand. Collectively, the Indian public holds an astounding amount of physical gold—over 20,000 metric tons, by most estimates! For context, that’s more than double the gold reserves of the United States, which is itself more than double […]
The post Gold & Precious Metals News – India May Loosen Rules On Bullion Banking appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Celtic Coins minted roughly 2,000 years ago by tribes in Britain’s ancient past are unearthed every so often in the modern-day United Kingdom. Sometimes they are found by professional archaeologists, but Celtic coins are just as frequently found by hobbyists with metal detectors. A similar Celtic gold stater from […]
The post Celtic Coins – Even Ancient Coins Had Errors appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… Celtic Coins minted roughly 2,000 years ago by tribes in Britain’s ancient past are unearthed every so often in the modern-day United Kingdom. Sometimes they are found by professional archaeologists, but Celtic coins are just as frequently found by hobbyists with metal detectors. A similar Celtic gold stater […]
The post Celtic Coins – Even Ancient Coins Had Errors appeared first on CoinWeek.
Palladium Coin News By Everett Millman – GainesvilleCoins.com …….. It’s 2018, we’re living in the midst of the Digital Age, and things tend to happen quickly. Even the supposedly old-fashioned field of numismatics can’t escape the changes of our hyper-speed world. If you want evidence, the latest example came this week when the American Eagle Proof Palladium coin […]
The post Modern Coins – Proof Palladium Coin Sells Out Quickly appeared first on CoinWeek.
Sir Isaac Newton and Coins By Everett Millman – Gainesvillecoins.com ……. Contemporary scholarship has introduced a number of new mysteries regarding history’s most famous “natural philosopher” (i.e. scientist), Sir Isaac Newton. Some of these new revelations point toward his fascination with alchemy as well as the Holy Scripture. However, one thing about Newton is unequivocal: He […]
The post Sir Isaac Newton Really Hated Coin Countefeiters…… Really! appeared first on CoinWeek.
Indian Gold News By Everett Millman – GainesvilleCoins.com …….. One of the defining characteristics of traditional Indian gold culture is a strong affinity for gold. No other country “consumes” (i.e. buys) as much gold each year as India does, although China has become a closer rival in recent years. Thus the world’s two most populous countries […]
The post Indian Gold News – Temple In India Wants To Sell Millions Of Gold Coins appeared first on CoinWeek.
By Everett Millman – Gainesville Coins …… Let’s be clear about this: You shouldn’t eat gold. Don’t eat gold. Ever. Just don’t. It’s that simple. Not only is it hazardous for your health, but it’s a very stupid thing to do with your gold! It would be like using diamonds as mulch in your front yard […]
The post Don’t Eat Gold: Thief in India Learns the Hard Way appeared first on CoinWeek.
Gold Repatriation By Everett Millman – Gainesville Coins …… For reasons that have to do mainly with security, a number of America’s allies around the world have for decades agreed to store a portion of their national gold reserves — their sovereign gold — in New York. Specifically, at the Federal Reserve Bank of New […]
The post Gold Repatriation Could Be Sign of Things to Come appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. One of the major players in the precious metals industry is largely closing up shop. What does that mean for the rest of the markets? Marred Reputation Big banks have long played a crucial role in precious metals. They function as “market makers”, bringing together large-scale buyers and […]
The post Gold, Bullion & Precious Metals News – Scotiabank Restructuring Metals Business appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. One of the longstanding uses for coins and medals is to commemorate transformative or otherwise noteworthy events. What better way could there be to immortalize an important milestone or historic moment? THat is what the Singapore Mint has done. Of course, this is provided the moment being commemorated actually […]
The post Singapore Mint Issues Its Own Trump-Kim Summit Coin appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. It’s probably safe to say that, for those of us who missed the cut for the Forbes 400 (maybe next year), unexpectedly finding even a single gold coin would be a cause for wild celebration. A visiting faculty member from Egypt at the University of Colorado, however, proved […]
The post Good Samaritan Returns $10,000 in Gold Coins to Owner appeared first on CoinWeek.
By Everett Millman – Gainesville Coins on gold price ……. A hoard of 10 gold coins discovered in Kent in 2016 is finally on display at a nearby museum, and although the coins themselves are small, the historic nature of the find is immense. An Unexpected Discovery The group of gold coins was found at a […]
The post English Museum Acquires Hoard of Ancient Gold Coins from Gallic Wars appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. The committee tasked with preparing Tokyo for the 2020 Olympics is exploring a frugal plan for producing the bronze, silver, and gold medals awarded to winning athletes. The idea? Use precious metals recycled from old electronics. Ambitious Recycling Initiative Hosting the Olympic Games requires major capital outlays and investment […]
The post Olympic Medals for 2020 Tokyo Games May Rely on Recycled Precious Metals appeared first on CoinWeek.
By Everett Millman – Gainesville Coins on gold price ……. Precious metals were mixed on Monday, but both gold and silver dipped due to a strong dollar. The gold price was down 0.25% (-$3) to $1,312/oz at the opening bell. Spot silver slipped 8¢ (-0.5%) to $16.42/oz. However, platinum (+0.3%) and palladium (+1.1%) each traded higher […]
The post Precious Metals News – Rising Dollar Keeps Downward Pressure on Gold and Silver appeared first on CoinWeek.
By Everett Millman – Gainesville Coins on gold price ……. The gold price was down again to $1,306/oz on Tuesday, sliding 0.6% (-$8). A stronger U.S. dollar provided most of the downward pressure on the precious metals. Spot silver opened off about 0.5% (-9¢) to $16.21/oz. Platinum lost $8 per ounce (-0.9%) to slip below $900/oz. […]
The post Gold Price Slumps to Four-Month Low appeared first on CoinWeek.
by Everett Millman for GainesvilleCoins For reasons of historical economic privation by its powerful southern neighbors in Great Britain, Ireland does not have a reputation for yielding very much buried treasure. You’re simply far less likely to find old gold or silver coins in Ireland and Northern Ireland than on the British mainland. This is because […]
The post Group of 17th-Century Silver Coins Found in Northern Ireland Declared Treasure appeared first on CoinWeek.
by Everett Millman – GainesvilleCoins.com ……. What future generations decide to do about the ever-growing number of landfills around the world is the kind of question that keeps conservationists up at night and the idea of recovering gold in this waste is appealing. The problem is especially pressing in the dense urban areas where trash and other […]
The post An Eerie Solution For Recovering Gold From Waste appeared first on CoinWeek.
By Joshua McMorrow-Hernandez for CoinWeek.com …… When the United States Mint released the first American Eagle Palladium coins on September 25, 2017, a new era for the long-running American Eagle family of bullion coins began. In the weeks following the release of 15,000 silver-white, 0.9995-fine one-ounce palladium bullion coins, collectors and investors alike have indulged […]
The post Palladium American Eagle Coin Brings Challenges, Opportunities for Collectors appeared first on CoinWeek.
By Everett Millman – Gainesvillecoins.com …… Coins from the bygone empire of Ancient Rome are found all around Europe, Northern Africa, and the other parts of the world conquered by the Romans. Spreading its commercial empire was one of the many ways in which Rome expanded its borders and grew its wealth. Today, we are […]
The post More Ancient Roman Coins Found In Spain appeared first on CoinWeek.
By Everett Millman – Gainesvillecoins.com …… The precious metals were higher again on Tuesday, buoyed by a continued slump for the U.S. dollar. Spot gold was trading above $1,240/oz in the morning, more than 0.5% in the green. The Platinum Group Metals were slightly above unchanged. Spot silver added 11¢ (almost 0.7% higher) to reach […]
The post Weaker Dollar Helps Lift Gold Price appeared first on CoinWeek.
By Everett Millman – Gainesvillecoins.com …… For generations, India has been known as one of the world’s primary sources of gold demand. However, last year its gold imports fell off considerably due to a variety of new policies by the Indian government regarding gold ownership, taxation, and even the supply of paper money in the […]
The post 2017 India Gold Imports Already Exceed 2016 appeared first on CoinWeek.
By Everett Millman – Gainesvillecoins.com …… For generations, India has been known as one of the world’s primary sources of gold demand. However, last year its gold imports fell off considerably due to a variety of new policies by the Indian government regarding gold ownership, taxation, and even the supply of paper money in […]
The post 2017 India Gold Imports Already Exceed 2016 appeared first on CoinWeek.
By Everett Millman – Gainesvillecoins.com …… Let’s be loud and clear about this point: American citizens, and human beings more generally, have a right to hold wealth in a tangible form that cannot vanish from an electronic bank ledger in a moment. This would seem to be an incontrovertible truth. It’s a matter of privacy. […]
The post Digital Future: Don’t Let Big Brother Track Your Bullion! appeared first on CoinWeek.
By Everett Millman – Gainesvillecoins.com …… Platinum is grouped together with gold and silver, as well as its cousin palladium, under the umbrella of “precious metals”. However true, this somewhat obscures the fact that platinum is an increasingly useful industrial metal. But it’s unlikely that anyone expected a continual decline of this magnitude: In just […]
The post Bullion & Precious Metals – Falling Platinum Price Hits South African Mines appeared first on CoinWeek.
Australia’s currency may just get the name change it logically deserves… By Everett Millman – Gainesvillecoins.com …… There’s that saying about how “a great deal of truth is said in jest”. It’s true that sometimes comedy can reveal some important point that has been overlooked or under-appreciated. This is probably not the case with […]
The post Could an Old Simpsons Joke Rename Australia’s Currency? appeared first on CoinWeek.
Earlier this year, Gainesville Coins introduced an exclusive 1 ounce bullion coin struck under the authority of the island nation of Niue. With a face value of $1, the Guardian Angel Silver Coin evokes the calming and protective spirit of angels. Recently, CoinWeek gave two of these coins away as part of our weekly coin giveaway. […]
The post CoinWeek Unboxing: 2017 Niue Guardian Angel Silver Coin – Gainesville Coins Exclusive appeared first on CoinWeek.
By Everett Millman – Gainesvillecoins.com …… Most aspiring treasure hunters are aware that Great Britain is essentially the metal detecting treasure capital of the world Aside from an extensive history of habitation that has produced almost innumerable antiquities and medieval coins, the country boasts the world’s most equitable treasure trove laws. This is effectively the […]
The post Metal Detecting – U.K. Ranks Its Top 20 Treasures appeared first on CoinWeek.
By Everett Millman – Gainesvillecoins.com …… Most aspiring treasure hunters are aware that Great Britain is essentially the metal detecting treasure capital of the world Aside from an extensive history of habitation that has produced almost innumerable antiquities and medieval coins, the country boasts the world’s most equitable treasure trove laws. This is effectively the reason […]
The post Metal Detecting – U.K. Ranks Its Top 20 Treasures appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Two men with metal detectors struck it big earlier this month when their find in southern Zealand (Denmark) led archaeologists to 130 Viking silver coins. This is a considerable hoard of coins from the era when the Vikings dominated Northern Europe, from about 800 CE to 1066 […]
The post Viking Silver Coin Hoard Found in Denmark appeared first on CoinWeek.
By Shaquille Brissett for Gainesville Coins …. The church is typically kept strong by the contributions of its people. One patron, though, has taken the practice of paying tithes to new heights. An anonymous woman donated an 1866 proof gold $20 coin to the GracePoint Church of Valparaiso, Indiana. The donation will be used to […]
The post Rare Gold Coin Sponsors Building of New Church appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Amid routine construction on one of Jerusalem’s main highways, a cache of 1,400-year-old Byzantine bronze coins have by chance been discovered. Luckily, the work on the highway is being carefully managed by the state-owned firm Netivei Israel in collaboration with the Israel Antiquities Authority (IAA) to ensure […]
The post Hoard of Bronze Byzantine Coins Found in Israel appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Amid routine construction on one of Jerusalem’s main highways, a cache of 1,400-year-old Byzantine bronze coins have by chance been discovered. Luckily, the work on the highway is being carefully managed by the state-owned firm Netivei Israel in collaboration with the Israel Antiquities Authority (IAA) to ensure […]
The post Hoard of Bronze Byzantine Coins Found in Israel appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. One of the most sensitive secrets protected by the Washington establishment is the massive cache of gold reserves held at the federal depository in Fort Knox, Kentucky. Locked Up Tighter Than Fort Knox According to official statistics, the United States holds far and away the largest gold reserves […]
The post U.S. Mint Releases Fort Knox Audit appeared first on CoinWeek.
By Joshua McMorrow-Hernandez for CoinWeek.com …… It’s still unclear how history will ultimately remember the presidency of Barack Obama, who served as the 44th president of the United States from 2009 through 2017. But coin collectors can already honor the historic, two-term former commander-in-chief in their own ways. Over the course of the eight years […]
The post Modern US Coins – Coinage of the Obama Era appeared first on CoinWeek.
Photo from the Bristol Post By Shaquille Brissett for Gainesville Coins …. Here’s a caper that’s perhaps more fit for the silver screen than a news site, but it’s true nonetheless. Over £33,000 (approx. $41,250 USD) in stolen coins were taken from a distribution company in the Stoke Gifford village of South Gloucestershire, England. […]
The post Crime & Fraud: Zany Stolen Coin Heist Solved appeared first on CoinWeek.
By Shaquille Brissett for Gainesville Coins …. On Sundays friends Reg Mead and Richard Miles would take to the fields of Grouville, in the Bailiwick of Jersey, an island in the United Kingdom, to search for an ancient Celtic Hoard. The hoard had become the stuff of legend, only coming to the men by way […]
The post Ancient Coins – After Three Years, Excavation of Jersey Hoard Complete appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Most of the time, when the topic of lost treasure is brought up, it falls into one of two categories: centuries-old shipwrecks and hidden Nazi gold. However, there is another major source of mythologized stories of long-forgotten gold riches that dates back to the WWII era: Yamashita’s gold. […]
The post Treasure News – Search for Yamashita’s Gold Continues appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Could you ever imagine someone throwing away a commodity as valuable as gold? As difficult as it may be to believe, people are literally flushing millions of dollars worth of gold down the drain each year! It begs a rather strange pair of questions: How much lost gold […]
The post Bullion & Precious Metals – Gold In Our Sewers? appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. During one of the most tumultuous periods in the history of Britain, the three-part conflict known as the English Civil War (1642-1651), there were undoubtedly a great deal of lives and personal wealth lost to the carnage. A portion of this lost wealth has now emerged from the […]
The post Silver Coins from English Civil War Discovered appeared first on CoinWeek.
By CoinWeek …. The newest exclusive from Florida-based coin dealer Gainesville Coins has just arrived – the 2017 Guardian Angel Silver Coin. The first in a brand-new annual series, the Guardian Angel coin consists of one troy ounce of .999 fine silver. The Design The reverse feature the eponymous angel wrapping the bottom of her […]
The post 2017 Guardian Angel Silver Coin Inaugurates New Series from Gainesville Coins appeared first on CoinWeek.
Credit: Aargau canton archeology department By Everett Millman – Gainesville Coins ……. A team of archaeologists in Switzerland are trying to make sense of a discovery that traces its origins back nearly two millennia. Somewhat strangely, a ceramic cooking pot filled with oil lamps and bronze coins was found during an effort to clear […]
The post Ancient Coin News – 2,000-Year-Old Roman Bronze Coins Found in Switzerland appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. In 1996, a Briton who was interested in archaeology and metal detecting as a pastime discovered one of the most significant treasure hoards in the history of the U.K., the Alton Hoard. A full two decades later, the finder–a bricklayer named Peter Beasley–believes that expert appraisers downplayed the […]
The post Ancient Coin News – Metal Detectorist Challenges Alton Hoard Value appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Following the historic election of Donald J. Trump as the 45th president of the United States, would you expect to see “The Donald” appear on a coin? Bernard von Nothaus, the notorious creator of the “Liberty Dollar®”, is way ahead of you! Trump Dollar Coin? It’s worth clarifying […]
The post Bernard von NotHaus “Trump Dollar” Coin Production Halted + CoinWeek Exclusive Video 4K appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. As is usually the case during the last six weeks or so of the calendar year, the U.S. Mint is nearing the point where it will halt production of its premier silver bullion coin, the American Silver Eagle. 2016 Silver Eagle Sales Compared to the previous few years, […]
The post U.S. Mint to Put 2016 Silver Eagles on Hold appeared first on CoinWeek.
By Al Doyle for CoinWeek…. It’s that time of year again. What can you buy that is unique, enduring and reasonably priced for those on your gift list? One word – silver – immediately comes to mind. Collectors and bullion investors often like to give silver coins, rounds and bars to others, and that is a timely gift […]
The post COLLECTING SILVER – Add Silver to your Gift List this Year appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Since the early 1980s, the People’s Republic of China has struck its own gold and silver bullion coins for international trade. In addition to their precious metal content, these coins are also prized collectibles due to their lower mintage figures compared to most government-issued bullion coins. Now, the […]
The post Mintages Raised for Chinese Silver, Gold Panda Coins appeared first on CoinWeek.
By Steven Cochran for Gainesville Coins …… Zimbabwe’s shattered economy and massive trade deficit have caused a dollar shortage which has paralyzed the nation. The government hopes to reduce the current cash shortage by introducing the first domestic paper money since the collapse of the Zimbabwean dollar in 2009. The public reaction was what you […]
The post World Currency News – Zimbabwe Bond Notes Plan Criticized appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. This year, no central bank or central government has bought gold at a more vigorous pace than the Russian Central Bank. It has significantly added to its gold reserves in 2016, and this trend has continued. September saw Russia grow its gold reserves by 500,000 troy ounces (15.55 […]
The post Precious Metals & the World Economy – Russian Gold Reserves Grow appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. This year, no central bank or central government has bought gold at a more vigorous pace than the Russian Central Bank. It has significantly added to its gold reserves in 2016, and this trend has continued. September saw Russia grow its gold reserves by 500,000 troy ounces […]
The post Precious Metals & the World Economy – Russian Gold Reserves Grow appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. It’s not entirely surprising that in addition to enjoying vast precious metal deposits, South Africa has long been a world-leader in the international gold coin market. The flagship South African Gold Krugerrand was the first modern bullion coin available on the global market in 1967. Krugerrands quickly ended […]
The post South Africa Issues Silver, Platinum Krugerrands for 50th Anniversary appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. It’s not entirely surprising that in addition to enjoying vast precious metal deposits, South Africa has long been a world-leader in the international gold coin market. The flagship South African Gold Krugerrand was the first modern bullion coin available on the global market in 1967. Krugerrands quickly […]
The post South Africa Issues Silver, Platinum Krugerrands for 50th Anniversary appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Amid the nationwide mobilization effort for the Second World War, the United States Mint was forced to explore using new materials for its low-denomination coins as nickel and copper supplies were diverted to war production. This led the mint to replace the normal composition of the five-cent nickel […]
The post Rare US Coins – Glass Cent Pattern Discovered appeared first on CoinWeek.
By CoinWeek …. CoinWeek News Wire for October 14, 2016 Brain Food 1.) A guide to valuing all your old Irish coins (PHOTOS) Between the formation of the Republic of Ireland, the shift towards decimalization, and the introduction of the Euro, Irish currency underwent a great number of changes over the past 100 years, resulting in […]
The post CoinWeek News Wire for October 14, 2016 appeared first on CoinWeek.
By Steven Cochran for Gainesville Coins …… The saga of the Nazi Gold Train supposedly buried in a mountain tunnel may have ended with the treasure hunters coming up empty, but the world-wide publicity has given the nearby Polish city of Walbrzych a new lease on life. The town has become a tourist destination for […]
The post No Nazi Gold Train, But Legends Abound appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Switzerland has long had a reputation—sometimes a dubious one—for being a safe place to stash one’s wealth away from the prying eyes of tax authorities. Right or wrong, the notion of a “Swiss bank account” is synonymous with evading taxation. Now, the ultra-rich seem to have discovered a […]
The post Secret Gold Vaults in the Swiss Alps appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Rumors have long circulated in numismatic circles about the mystery of the 1964 Peace dollar, which would have been the last 90% silver dollar minted for circulation. That is, if the entire mintage hadn’t been melted down when the plan to coin new silver dollars (which hadn’t been […]
The post Classic US Coins: Does a 1964 Morgan Silver Dollar Exist? appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Throughout the modern era (roughly since gold and silver specie ceased to be used as circulating currency), coins and banknotes have been the fiat tokens we use to represent money. However, like the rest of our society, the financial system has undergone a rapid transformation in the Digital […]
The post The Future of Money: Banknotes and Coins appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. The British Pobjoy Mint will not produce Isle of Man coins in 2017 in a departure from more than four decades of tradition. Without much explanation, the increasingly prominent Pobjoy Mint is upending its oldest relationship with a government that has the authority to issue its own money. […]
The post World Coin News – Pobjoy Mint and Isle of Man to Split appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. There’s an old saying, “fake like a two-cent coin” or “a three-cent coin.” While these obscure denominations haven’t seen circulation for a very long time, there ironically were two-cent and three-cent denominations of U.S. coins (the latter known as a “trime”) during the 19th century. What’s more, there […]
The post Classic US Coins – Gold Stella $4 Coin Goes to Auction appeared first on CoinWeek.
Platinum Bullion Coins, – Maple Leaf – Australian Platypus and US Platinum Eagle By Everett Millman – Gainesville Coins ……. The Platinum Group Metals are apparently coming back into vogue among bullion investors. Two PGMs–platinum and palladium–are rallying more than their precious metal cousins of late, and the markets have responded. Alternative Asset Although they […]
The post Gainesville Coins: Time for Platinum Group Metals to Shine appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Throughout their history, the Swiss have cultivated a long-standing reputation as an authority in the area of gold–both in their refining skill and in the wisdom of their monetary policy. Switzerland is not actually among the world’s leading importers or exporters of the metal, neither in terms of […]
The post Swiss Gold – Case Study for the Market appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. The Indian government’s plan to monetize the country’s vast amount of privately-held gold may finally be taking root, little by little. Known collectively as Gold Monetization Schemes (GMS), these various offers for Indian citizens to put their gold to financial use by depositing into an account were not […]
The post Precious Metals Market – India Gold Deposits Climb appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. Unlike perhaps any other location on Earth, the United Kingdom has an incredible abundance of gold and silver treasure from both its medieval period and the earlier times when Ancient Rome controlled the British Isles. Due to this rich and diverse history, people are digging up valuable treasure […]
The post Gainesville Coins: Gold and Silver Treasure Update appeared first on CoinWeek.
By Shaquille Brissett for Gainesville Coins …… There are times when persistence pays off in a big way. This turned out to be exceedingly true for one treasure hunter from Altrincham, a small British market town in Greater Manchester. It was January of 2015, and Cheshire, a county in the northwest portion of England between […]
The post Metal Detectorist Finds Treasure Hoard of 8,000 Ancient Roman Coins appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ……. More than two centuries after the Spanish warship Nuestra Señora de las Mercedes (roughly, “Our Lady of Mercy”) was sunk off the coast of Portugal before reaching the Spanish port city of Cádiz, the massive haul of gold and silver bullion that was onboard is finally back in […]
The post Treasure News – 1804 Shipwreck Bullion Goes on Display appeared first on CoinWeek.
Islamic Gold Dinar By Everett Millman – Gainesville Coins ……. One major development in the global gold market over the last decade has been the liberalization of gold ownership laws in China. This has opened up an incredible flood of new demand for precious metals from the world’s most populous country. There’s still another huge […]
The post Bullion & Precious Metal News – Why Islamic Gold Demand May Surge appeared first on CoinWeek.
by Al Doyle for CoinWeek …… Silver investors tend to check the current spot price before making a purchase of silver coins. That’s a logical starting point, as the cost for physical metal is usually – but not always – related to spot. Don’t expect former premiums to remain in place when spot plunges. Why […]
The post Don’t Get Fixated On Spot Price When Buying Silver Coins appeared first on CoinWeek.
by Al Doyle for CoinWeek …… Silver investors tend to check the current spot price before making a purchase of silver coins. That’s a logical starting point, as the cost for physical metal is usually – but not always – related to spot. Don’t expect former premiums to remain in place when spot plunges. Why […]
The post Don’t Get Fixated On Spot Price When Buying Silver Coins appeared first on CoinWeek.
By Steven Cochran for Gainesville Coins …… As The Royal Mint begins production of a new 12-sided £1 coin made with their recently-patented anti-counterfeiting measures, it seems like a good time to look at some of the recent technologies being used to fight fake coins. Quitting the Old Quid The Royal Mint’s campaign to invent […]
The post Anti-Counterfeiting: New Techs Fight Fake Coins appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ………. The government of India may have finally gotten a break regarding its attempts to monetize the country’s vast quantities of “idle” gold. While it is estimated that the public in India holds a staggering 20,000 metric tonnes of gold (or more), a considerable portion of these savings are […]
The post World Precious Metals – Indian Temple Deposits Gold appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ………. Over the past five to seven years, there has been a consistent flow of gold bars out of Western vaults in New York and London. The destination of this gold bullion has been the East—especially China, Russia, and Russia’s closest Eurasian allies. One question that the past several […]
The post World Precious Metals Market – Is Russia Planning a Gold Ruble? appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ………. The oldest shipwreck that dates back to Europe’s “Age of Exploration,” which traces its origins to the 15th century, has been discovered in waters off the coast of Oman, a country situated in the southeast portion of the Arabian Peninsula. A wealth of fantastic artifacts have been recovered […]
The post Treasure Coin News – Oldest European Shipwreck Discovered appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ………. Modern myths don’t die easy in Paraguay, particularly when they deal with gold bullion and buried treasure. The legend of the hidden treasure dates to the War of the Triple Alliance–often known simply as the Paraguayan War or the “Great War” to locals–fought from 1864 to 1870 between […]
The post Gold Treasure Myth Captivates Paraguay appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ………. The region of Southeast Asia has earned a reputation, fairly or unfairly, for financial fraud and corruption. Situated on the other side of the globe from Western financial centers but close enough to important hubs like Hong Kong, an increasing amount of illicit financial activity now takes place […]
The post Bangladesh Bank Hacked for $81 Million appeared first on CoinWeek.
By Coinweek …. Welcome to the latest edition of CoinWeek’s Weekly Coin and Currency News Roundup. In this series we recap some of the cool, interesting, offbeat, ludicrous and maybe even disturbing news items that we’ve read over the past week. Brain Food 1.) The Iron Bank Will Have Its Due No, that’s not […]
The post CoinWeek’s Weekly Coin and Currency News Roundup – March 11, 2016 appeared first on CoinWeek.
By Everett Millman – Gainesville Coins ………. A new wave of counterfeit PAMP Suisse gold bars are making the rounds. These new fakes show much better quality than earlier attempts, especially with the packaging. Previous fake PAMP gold bars have been easily detected when compared to the real thing (see image, below). These new […]
The post Counterfeit Gold – Beware of Fake PAMP Gold Bars appeared first on CoinWeek.
Courtesy of Everett Millman and GainesvilleCoins.com …. Just when you thought China’s pursuit of gold couldn’t get any more relentless, a fantastic discovery is made beneath the country’s waters. The largest-ever known undersea gold deposit has been confirmed beneath the East China Sea after three years of exploring, planning, drilling and excavating. The discovery was […]
The post China Finds Undersea Gold Deposit Worth Billions appeared first on CoinWeek.
by Everett Millman for Gainesvillecoins.com……. The gold price briefly sank to a 3-week low in overnight trading as the gold market attempts to establish new support levels. The metal fell below the $1,150/oz mark as the week winds down on renewed expectations of a December rate hike from the Federal Reserve. While investors with a […]
The post Gold Market Finding Stable Footing appeared first on CoinWeek.
ABSTRACT: Given Greece’s debt quagmire and China’s equity bubble seemingly popping, the global markets tried to negotiate through a wave of negative momentum this week. U.S. markets were buoyed by encouraging employment and housing data, while the precious metals diverged, with platinum and silver advancing while gold and palladium slipped lower. ====================== GOVERNMENT & POLICY […]
The post Gainesville Coins Weekly Update – July 4, 2015 appeared first on CoinWeek.
ABSTRACT: The current rout in the bond markets continued into its sixth week with rapidly rising yields and increased volatility in government bonds. Despite the outflow of funds from the typical safety net of government-issued debt, both stocks and commodities like crude oil and precious metals tracked lower throughout the week. =========================== GOVERNMENT & POLICY […]
The post Gainesville Coins Market Update: June 1-5, 2015 appeared first on CoinWeek.
Presented and produced by Gainesvillecoins.com ……….. On Friday, April 24th, the finance ministers of Europe once again met to discuss the fate of Greece’s bailout program. Although no definitive course of action was expected to come out of this meeting, it was yet another chance to assess the potential consequences if indeed the Greek government […]
The post Infographic – Assessing the Potential Risk of a Greek Default appeared first on CoinWeek.
The volatility of global equities was on the rise this week, with significant sell-offs on the major stock exchanges in the U.S. (Tuesday) and China (Thursday). This coincided with a downward revision of first-quarter GDP amid an array of other disappointing economic data in the States. Funds continued to crowd into the bond markets, though […]
The post Gainesville Coins Market Update: May 22-29, 2015 appeared first on CoinWeek.
Courtesy of Everett Millman and GainesvilleCoins.com …. ABSTRACT: As equities markets pulled back amid mostly soft economic indicators, the precious metals had an early-week rally snuffed out by Friday’s close, as both gold and the Dow Industrials have essentially wiped out all of their gains thus far through the 2015 calendar year. GOVERNMENT & POLICY […]
The post Gainesville Coins Market Update: May 1, 2015 appeared first on CoinWeek.
by Gainesville Coins Against the backdrop of rising equities in both Asia and Europe, the U.S. markets were uneven in a short week of trading. Mounting unfavorable economic data and predictable ambiguity from the Federal Reserve have muddied the performance outlook for the second quarter, providing some modest safe haven support for the precious metals. […]
The post Gainesville Coins Market Update: April 5, 2015 appeared first on CoinWeek.
It was a solid week for the precious metals, which all advanced (excepting palladium) on mounting geopolitical risks and deceptive rhetoric from the Federal Reserve. Equities in the U.S., Europe, and even Asia pulled back this week on uncertainty over the strength and health of the global economy. By Gainesville Coins…. GOVERNMENT & POLICY The […]
The post Gainesville Coins Market Update: March 23-27 appeared first on CoinWeek.
By Shaquille Brissett of Gainesville Coins…. During the late 19th century, a culmination of market forces led to a volatility of the silver industry that provoked populist anxieties. Proposals by Representative Richard Bland and Iowa Senator William Allison would appease both Greenbackers (a post-civil war political party that favored the use of paper money and […]
The post Forged by Fire: The Birth of the Morgan Dollar and the Feud Between George T. Morgan and Charles E. Barber appeared first on CoinWeek.
CoinWeek Editor Charles Morgan unboxes the new Guy Harvey 1 ounce silver round, available exclusively at Gainesville Coins. Copyright © CoinWeek February 2015 More news and videos about coin collecting at CoinWeek
The post Unboxing Video: CoinWeek Unboxes the Guy Harvey One Ounce Silver Round. Video: 5:56. appeared first on CoinWeek.
by Crystal Gomez – Gainesville Coins In September 2014, a metal detector enthusiast found a spectacular stockpile of Viking legacy. According to the BBC, it is Scotland’s most significant hoard and is estimated to be worth over £1 million pounds. The cache is rumored to be the most sizeable hoard found in Scotland since 1891 […]
The post Forgotten Hoards of History: Unearthing Scotland’s Nordic Trove appeared first on CoinWeek.
by Crystal Gomez – Gainesville Coins In September 2014, a metal detector enthusiast found a spectacular stockpile of Viking legacy. According to the BBC, it is Scotland’s most significant hoard and is estimated to be worth over £1 million pounds. The cache is rumored to be the most sizeable hoard found in Scotland since 1891 […]
The post Forgotten Hoards of History: Unearthing Scotland’s Nordic Trove appeared first on CoinWeek.
Courtesy of Shaquille Brissett and GainesvilleCoins.com ………. Beneath the waters of Cape Cod, Massachusetts, the sea floor is laden with gold, like the streets of heaven, only a bit more macabre. An estimated 400,000 silver and gold coins are submerged within its black waters. Meanwhile, tools, jewelry, weapons and a young boy’s leg are strewn about the remnants of […]
The post Sunken Treasure: The Story of Black Sam Bellamy and the Whydah appeared first on CoinWeek.
by Jonathan Perry – Gainesville Coins Few coins are as distinct or carry with them a history quite like the Japanese Ryō Coin, also known as the koban during the Tokugawa period (1603-1868). The ryō coin is unique in its design and composition, has an interesting history, and has become a powerful pop culture reference. What […]
The post The History of the Japanese Ryō Coin appeared first on CoinWeek.
Over the last 20 years, the Guy Harvey brand has caught on with anglers, outdoors enthusiasts, and even art fans–just to name a few. The brand has grown from humble beginnings into a truly international enterprise. Today, the Guy Harvey name has expanded far beyond its original line of leisure clothing, encompassing hotel resorts, restaurants, […]
The post Guy Harvey Artwork Featured On Silver Rounds & Bars at Gainesville Coins appeared first on CoinWeek.
Over the last 20 years, the Guy Harvey brand has caught on with anglers, outdoors enthusiasts, and even art fans–just to name a few. The brand has grown from humble beginnings into a truly international enterprise. Today, the Guy Harvey name has expanded far beyond its original line of leisure clothing, encompassing hotel resorts, restaurants, […]
The post Guy Harvey Artwork Featured On Silver Rounds and Bars at Gainesville Coins appeared first on CoinWeek.
Over the last 20 years, the Guy Harvey brand has caught on with anglers, outdoors enthusiasts, and even art fans–just to name a few. The brand has grown from humble beginnings into a truly international enterprise. Today, the Guy Harvey name has expanded far beyond its original line of leisure clothing, encompassing hotel resorts, restaurants, […]
The post Guy Harvey Artwork Featured On Silver Rounds and Bars at Gainesville Coins appeared first on CoinWeek.
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 […]
The post World and Metals Market Update appeared first on CoinWeek.
Courtesy of Everett Millman and GainesvilleCoins.com ………. While stocks were riding high yet again this week in response to a decidedly mixed bag of economic indicators for November, gold and silver slid below support levels at the week’s end. Crude oil has continued to tumble as both major world benchmarks are menacingly close to the […]
The post Precious Metals Weekly Market Update appeared first on CoinWeek.