Category Archives: Blanchard and Company

The Wreck of Brother Jonathan Still Keeps Its Secrets

By Blanchard and Company, Inc …… On a Sunday morning in 1865, a paddle steamer called Brother Jonathan departed Crescent City Harbor, California. The ship was the idea of Edward Mills from New York. His original aim was to create a route from New York to Chagres, Panama as the first leg of a two-leg […]

The post The Wreck of Brother Jonathan Still Keeps Its Secrets appeared first on CoinWeek.

Continue Reading on CoinWeek

The Uniquely American Appeal of the $3 Indian Princess Gold Coin

By Blanchard and Company, Inc …… In 1854, United States Mint Chief Engraver James B. Longacre reached a milestone in his career. For the first time, he would choose the design for a piece of currency: in this case the three-dollar gold coin. Much of the currency up to that point favored designs that referenced […]

The post The Uniquely American Appeal of the $3 Indian Princess Gold Coin appeared first on CoinWeek.

Continue Reading on CoinWeek

Could COVID Kill the Penny?

By Blanchard and Company, Inc …… The COVID-19 pandemic has created a nationwide coin shortage. Shoppers are relying on debit and credit cards to avoid touching cash, which can carry germs, but that’s left parts of the nation short on spare change. Here’s what the Federal Reserve recently said on that topic: Business and bank […]

The post Could COVID Kill the Penny? appeared first on CoinWeek.

Continue Reading on CoinWeek

The Uncertain Path to the Barber Quarter: Blanchard

By Blanchard and Company, Inc …… Charles E. Barber, the sixth Chief Engraver of the United States Mint, set out to design a set of coinage consisting of a new dime, quarter and half dollar. While the coins would ultimately carry his name (“Barber coins”) he decided to invite artists to submit designs for the […]

The post The Uncertain Path to the Barber Quarter: Blanchard appeared first on CoinWeek.

Continue Reading on CoinWeek

The Long Bear Market in Silver: Blanchard

By Blanchard and Company, Inc ….. Investors big and small, domestic and foreign, have piled heartily into gold since the start of the COVID-19 bear market in stocks. Gold is one of the best performing assets classes in the first quarter 2020, yet silver remains depressed. Many investors wonder why. The short answer is that […]

The post The Long Bear Market in Silver: Blanchard appeared first on CoinWeek.

Continue Reading on CoinWeek

1806 Draped Bust Silver Half Dollar: Blanchard

By Blanchard and Company, Inc ….. She is a busty beauty with flowing long hair. This 1806 classic silver half dollar, the Draped Bust, has outstanding eye appeal and a natural heft to hold in your hand. Congress first authorized the creation of a half dollar in April, 1792. The Draped Bust version was struck […]

The post 1806 Draped Bust Silver Half Dollar: Blanchard appeared first on CoinWeek.

Continue Reading on CoinWeek

Three-Cent Silver Coins – Solving the Problem of Scarcity: Blanchard

By Blanchard and Company, Inc ….. The US three-cent silver coin was one of the many repercussions of the California Gold Rush. The country experienced a surging supply of gold as new discoveries opened in the east. This development created an economic scenario in which the price of gold relative to silver dropped. Thus, silver […]

The post Three-Cent Silver Coins – Solving the Problem of Scarcity: Blanchard appeared first on CoinWeek.

Continue Reading on CoinWeek

The S&P Global Market Report and the Future of Gold Mining

By Blanchard and Company, Inc ….. Gold mines are becoming more difficult to source and maintain. Consider that the global nonferrous exploration budget remains below the 2014 level. Moreover, between 2012 and 2016 this figure dropped each year. The S&P Global Market Intelligence Report adds color to these numbers by explaining that their research “has […]

The post The S&P Global Market Report and the Future of Gold Mining appeared first on CoinWeek.

Continue Reading on CoinWeek

Atocha: The Most Valuable Shipwreck Find in History

By Blanchard and Company, Inc …..   The Nuestra Señora de Atocha was one of the most valuable shipwrecks in history. The Spanish galleon was owned by King Philip IV before sinking into the ocean in 1622 during a hurricane. It carried an armament of 20 heavy guns. The cargo was so vast that it […]

The post Atocha: The Most Valuable Shipwreck Find in History appeared first on CoinWeek.

Continue Reading on CoinWeek

The Tumultuous Times of the 1861 Indian Princess Gold Coin

By Blanchard and Company, Inc ….. In the wild days of the California Gold Rush (1848-1855) the supply of gold surged in the United States. 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 […]

The post The Tumultuous Times of the 1861 Indian Princess Gold Coin appeared first on CoinWeek.

Continue Reading on CoinWeek

The Gold Coin That Owes Its Existence to the 3 Cent Stamp

By Blanchard and Company, Inc ….. In 1851, a U.S. postage stamp cost three 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 coin struck in gold. This gold coin matched up with […]

The post The Gold Coin That Owes Its Existence to the 3 Cent Stamp appeared first on CoinWeek.

Continue Reading on CoinWeek

Blanchard: Over 270 Million of These Coins Were Melted

By Blanchard and Company, Inc ….. 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 […]

The post Blanchard: Over 270 Million of These Coins Were Melted appeared first on CoinWeek.

Continue Reading on CoinWeek

Pillar Dollar Coin Coveted by US Collectors Recovered From Rooswijk Shipwreck

The Spanish Pillar Dollar By Blanchard and Company, Inc ….. If there is one classic Mexican coin that serious U.S. numismatic collectors covet, it’s the Pillar dollar. The 8 Reale, also known as “piece of eight”, is an iconic silver coin that was struck at the Mexico City Mint between 1732 and 1772. Mexican Pillar […]

The post Pillar Dollar Coin Coveted by US Collectors Recovered From Rooswijk Shipwreck appeared first on CoinWeek.

Continue Reading on CoinWeek

Classic US Coins – Redesigning Currency with the Flying Eagle Cent

The Flying Eagle Cent By Blanchard and Company, Inc ….. It was the 1850s and the United States Mint had a problem. The “large cent”, which was simply a penny, was becoming too expensive to manufacture. The coin was nearly the size of a half dollar and consisted entirely of copper. They needed an alternative. […]

The post Classic US Coins – Redesigning Currency with the Flying Eagle Cent appeared first on CoinWeek.

Continue Reading on CoinWeek

5 Things to Know as Gold Bull Run Unfolds: Blanchard

Gold Bull Run By Blanchard and Company, Inc ….. 1. Gold is proving its worth as a safe-haven asset In today’s world of stepped-up U.S.-China trade tensions, market-moving tweets, stock market volatility and economic uncertainty, gold is acting exactly as it should – as a safe-haven investment. Investors around the globe are investing in gold […]

The post 5 Things to Know as Gold Bull Run Unfolds: Blanchard appeared first on CoinWeek.

Continue Reading on CoinWeek

A Good Gun, a Good Horse and a Good Wife: Daniel Boone and the Missouri Centennial Commemorative Half Dollar

By Blanchard & Company …… Born in 1734 near Reading, Pennsylvania, Daniel Boone had all the ingredients for a happy life. “All you need for happiness is a good gun, a good horse and a good wife,” Boone said. Yet the father of 10 children with his wife Rebecca had a taste for adventure and […]

The post A Good Gun, a Good Horse and a Good Wife: Daniel Boone and the Missouri Centennial Commemorative Half Dollar appeared first on CoinWeek.

Continue Reading on CoinWeek

George Washington: The Early Coins, Tokens & Medals Honoring Our Founding Father

By Blanchard & Company …… “Before there was a nation, before there was a symbol of this young nation — a flag, a constitution, a national seal — there was Washington. Even when in the course of revolutionary events a flag did appear and a Constitution, they did not have a long tradition behind them. […]

The post George Washington: The Early Coins, Tokens & Medals Honoring Our Founding Father appeared first on CoinWeek.

Continue Reading on CoinWeek

Nova Constellatio: The Story of America’s First Minted Coin

By Blanchard & Company …… In 1783 the monetary system in the United States was something of a mess. There was inconsistency among the coinage used throughout the 13 states governed by the Articles of Confederation. Some people used coins from other countries and others used money that was unique to their region. The value […]

The post Nova Constellatio: The Story of America’s First Minted Coin appeared first on CoinWeek.

Continue Reading on CoinWeek

Coin Collecting: Beyond Plastic – It’s What’s Inside (the Holder) That Counts

CAC Inside the holder By Bruce Smith, for – Blanchard and Company…. There was a time when collectors in the market simply bought a coin based upon its slab. Those days are over, and collectors should be glad they are. Enter CAC What many people outside of the numismatic profession don’t understand is how much […]

The post Coin Collecting: Beyond Plastic – It’s What’s Inside (the Holder) That Counts appeared first on CoinWeek.

Continue Reading on CoinWeek

Coin Collecting: Beyond Plastic – It’s What’s Inside (the Holder) That Counts

CAC Inside the holder By Bruce Smith for Blanchard and Company ……   There was a time when collectors in the market simply bought a coin based upon its slab. Those days are over, and collectors should be glad they are. Enter CAC What many people outside of the numismatic profession don’t understand is how […]

The post Coin Collecting: Beyond Plastic – It’s What’s Inside (the Holder) That Counts appeared first on CoinWeek.

Continue Reading on CoinWeek

A Brief History of the U.S. Trade Dollar

By Blanchard & Company ……   In the late 1860s and early ’70s, trade between the United States and China was increasing. However, a threat to this trading emerged from the unlikeliest of places: the Mexican peso. Many Chinese businesses preferred the peso to U.S. currency because the peso contained more silver than the standard […]

The post A Brief History of the U.S. Trade Dollar appeared first on CoinWeek.

Continue Reading on CoinWeek

How the Flying Eagle Cent Reinvented the Coin

By Blanchard & Company ……   For more than 60 years, the United States minted the large cent. These coins, about the size of a half dollar, consisted of nearly pure copper. They were heavy, cumbersome and falling out of favor for commerce. By the early 1850s the time had come to issue something more […]

The post How the Flying Eagle Cent Reinvented the Coin appeared first on CoinWeek.

Continue Reading on CoinWeek

Why Collectors Dream of Owning an 1894-S Barber Dime

  By Blanchard & Company …… Barber dimes were minted from 1892 through 1916 and struck at four different mints. In 1894, however, the San Francisco Mint struck only 24 Barber dimes, which have become one of the most sought-after, mysterious and prized rarities in U.S. history. Serious collectors can only dream of owning an […]

The post Why Collectors Dream of Owning an 1894-S Barber Dime appeared first on CoinWeek.

Continue Reading on CoinWeek

The Future of Gold Mining

By Blanchard and Company, Inc ….. Recently the World Gold Council released a report on the relationship between gold and the natural environment. As the threat of ecological impact and global warming loom large, gold mining operations are seeking more efficient methods of sourcing gold. One company, Goldencorp, is at the leading edge of this […]

The post The Future of Gold Mining appeared first on CoinWeek.

Continue Reading on CoinWeek

A Shpwreck for the Ages: The SS Central America and the Liberty Head Double Eagle

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) […]

The post A Shpwreck for the Ages: The SS Central America and the Liberty Head Double Eagle appeared first on CoinWeek.

Continue Reading on CoinWeek

A Shipwreck for the Ages: The SS Central America and the Liberty Head Double Eagle

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) […]

The post A Shipwreck for the Ages: The SS Central America and the Liberty Head Double Eagle appeared first on CoinWeek.

Continue Reading on CoinWeek

Coin Profiles – The United States $20 Double Eagle Gold Coin: 1849-1933

Too much gold? Start minting It was 1849, and the Philadelphia Mint had more Gold Rush gold than it could possibly mint. What to do? First, they minted $2.50 quarter eagles. Then half eagles. Then eagles. And still, the Mint’s coffers overflowed with unused gold (if only we all had that problem). So, Congressman James […]

The post Coin Profiles – The United States $20 Double Eagle Gold Coin: 1849-1933 appeared first on CoinWeek.

Continue Reading on CoinWeek

Coin Profiles – The United States $20 Liberty Double Eagle Gold Coin: 1849-1907

Too much gold? Start minting the Liberty Double Eagle It was 1849, and the Philadelphia Mint had more Gold Rush gold than it could possibly mint. First, they minted $2.50 quarter eagles. Then half eagles. Then eagles. And still, the Mint’s coffers overflowed with unused gold (if only we all had that problem). So, Congressman […]

The post Coin Profiles – The United States $20 Liberty Double Eagle Gold Coin: 1849-1907 appeared first on CoinWeek.

Continue Reading on CoinWeek

Blanchard: Four Reasons Silver Is Outpacing Gold In 2017

By Blanchard and Company, Inc …..   The precious metals sector is off to the races in the first six weeks of 2017, as returns in both gold and silver are beating the S&P 500. The silver market is the best performer – with nearly double the gains seen in gold. Here’s a quick look […]

The post Blanchard: Four Reasons Silver Is Outpacing Gold In 2017 appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for November 11, 2016

By Coinweek …. CoinWeek News Wire for November 11, 2016 Current Events 1.) Some Central Florida toll booths not registering $1 coins Central Florida Expressway Authority officials said they weren’t aware of the problem until Channel 9 brought it to their attention… Under the Radar 2.) Commemorative Singapore Botanic Gardens coin unveiled A commemorative coin showcasing iconic features of the Singapore […]

The post CoinWeek News Wire for November 11, 2016 appeared first on CoinWeek.

Continue Reading on CoinWeek

$1 Million in Recently Recovered 1715 Fleet Shipwreck Coins Coming to Market

Sunken Spanish colonial gold treasure coins discovered during 300th anniversary of fleet’s demise to be offered for the first time More than 200 sunken treasure gold coins from the legendary Spanish 1715 Plate Fleet, recovered during last year’s 300th anniversary of the Atlantic Ocean hurricane that sank 11 of the fleet’s 12 ships, are now […]

The post $1 Million in Recently Recovered 1715 Fleet Shipwreck Coins Coming to Market appeared first on CoinWeek.

Continue Reading on CoinWeek

Blanchard & Company: What Coins Are CAC Eligible?

By Douglas LePre – Senior Portfolio Manager at Blanchard and Company, Inc ….. At the beginning of 2016, CoinWeek published an article I wrote discussing coins approved by the Certified Acceptance Corporation (CAC). In that article I discussed briefly CAC’s inception, the initial reaction to its existence, and the positive effect that CAC has had […]

The post Blanchard & Company: What Coins Are CAC Eligible? appeared first on CoinWeek.

Continue Reading on CoinWeek

Beyond Plastic: It’s What’s Inside (the Holder) That Counts

By Bruce Smith, Senior Portfolio Director and Numismatic Writer – Blanchard and Company…. There was a time when collectors in the market simply bought a coin based upon its slab. Those days are over, and collectors should be glad they are What many people outside of the numismatic profession don’t understand is how much the […]

The post Beyond Plastic: It’s What’s Inside (the Holder) That Counts appeared first on CoinWeek.

Continue Reading on CoinWeek