Limited to only 10,000 Fine 999. Silver Bullion 1oz Coins Worldwide Fine 999. Gold Bullion already sold out * * * The Pobjoy Mint announces that our flagship Pegasus Reverse Frosted Silver Bullion Coin is back for its sixth edition in 2023. The coin has been issued on behalf of the British Virgin Islands Government, […]
The post Pobjoy Issues 6th Edition of Flagship Pegasus Bullion Coin appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
In Long Table 130, join ANS Curator Jesse Kraft to discuss the Potosí Mint Fraud of 1649. This seemingly small scandal had international repercussions on global trade, people’s trust of money, and monetary circulation patterns for decades. Evidence shows that this fraud at the Potosí Mint even had a direct influence on the numismatic […]
The post The Potosí Mint Fraud of 1649: Long Table 130 With Jesse Kraft appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
This majestic Wedge-tailed Eagle silver coin, featuring artistry prepared exclusively for The Perth Mint by renowned U.S. designer John M. Mercanti, showcases an incused reverse design. Named for its long, distinctively shaped tail, the wedge-tailed eagle is Australia’s largest bird of prey and one of the biggest eagles in the world. With an impressive wingspan […]
The post 2023 Australian Wedge-Tailed Eagle 1oz Silver Coin Features Incused Design appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.
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 Louis Golino, special to CoinWeek ….. 2022 was definitely a quieter year for U.S. Mint coins, especially compared to last year – a banner year for the Mint in terms of sales and one marked by several historic developments such as the new American Silver and Gold Eagle reverses and the return of Morgan […]
The post The Coin Analyst: 2022 U.S. Mint Winners appeared first on CoinWeek.
By Sanjay Gandhi for PCGS …… One bullion coin that has always been in extraordinarily high demand by world coin collectors is the Onza Silver bullion coin issued by the Banco de México. This one-ounce coin was first struck in 1949, and was resumed in 1978, 1979, and 1980. In 1982, this newly redesigned Onza […]
The post The Key Date 1998 Mexico Silver Onza Libertad appeared first on CoinWeek.
Commodity Futures Trading Commission (CFTC) …… On Wednesday, October 5, 2022, the Commodity Futures Trading Commission (CFTC) announced that it filed a civil enforcement action in the U.S. District Court for the District of Delaware against a precious metals dealer, Argent Asset Group LLC, and a precious metals depository, First State Depository Company, LLC, […]
The post Precious Metals Dealer Bob Higgins of Argent Group Charged With Ongoing Fraud appeared first on CoinWeek.
By Bullion Shark LLC …… If you’ve been wondering why the current premium over spot silver for American Silver Eagles is so much higher than it is for other world bullion coins like Canadian Silver Maple Leafs and British Britannias, the reason has to do with a shortage at the United States Mint – not […]
The post Understanding the Silver Planchet Shortage at the U.S. Mint appeared first on CoinWeek.
Treasury Secretary in Apparent Violation of Requirement to Mint Silver Eagles in Quantities “Sufficient to Meet Public Demand” By Stefan Gleason – Money Metals Exchange …… U.S. Representative Alex Mooney (R-WV2) is calling out Treasury Secretary Janet Yellen and United States Mint Director Ventris C. Gibson for the “long-running production slowdown” in the Silver […]
The post Congressman Demands Answers From US Mint About Silver Eagle Program appeared first on CoinWeek.
Brand New 2022 Reverse Frosted Silver Bullion Coin Featuring the Walking Liberty Half Dollar Design by Adolph A. Weinman Limited to 7,500 Fine 999. Silver Bullion 1oz Coins Worldwide The Pobjoy Mint is delighted to announce the release of a brand new Reverse Frosted bullion $1 coin to celebrate the 75th Anniversary of the last […]
The post Silver Bullion Coin Celebrates the Last Walking Liberty Half Dollar appeared first on CoinWeek.
Commodity Futures Trading Commission (CFTC) …… On Friday, August 5, 2022, the Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the District of Nevada against Daniel Shak of Las Vegas, Nevada, charging him with spoofing and engaging in a manipulative and deceptive scheme in the gold […]
The post CFTC Charges Nevada Metals Trader With Spoofing in Gold and Silver Markets appeared first on CoinWeek.
By Allen Rowe – Northern Nevada Coin ………. Hoarding gold is part of life for more than many think. Recently in our local news was an unassuming man who passed away with over seven million dollars worth of gold coins in his house. In this case the gold was stored in ammo cans stashed in […]
The post Hoarding Gold or Silver appeared first on CoinWeek.
By Allen Rowe – Northern Nevada Coin …… Hoarding gold is part of life for more of us than many people think. A while back in our local news was an unassuming man who passed away with over seven million dollars worth of gold coins in his house. In this case, the gold was stored […]
The post Hoarding Gold or Silver appeared first on CoinWeek.
Limited to 5,000 Fine 999 Silver Reverse Frosted Fine 999 Gold Bullion Sold Out! The Pobjoy Mint is delighted to announce the release of a new 2022 Silver Reverse Frosted Bullion Coin featuring the Lion, King of the African Savannah. The coin is the FIRST of its kind issued on behalf of the Bank of […]
The post First-Ever Bullion Coin From Sierra Leone Features the Lion appeared first on CoinWeek.
Depicting master engraver John M. Mercanti’s seventh Australian Wedge-tailed Eagle design for The Perth Mint, this exceptionally detailed 10oz ‘Enhanced Reverse Proof’ silver coin showcases a range of subtle finish variations. Named for its long, distinctively shaped tail, the wedge-tailed eagle is Australia’s largest bird of prey and one of the biggest eagles in the […]
The post 10oz Silver Enhanced Reverse Proof Wedge-Tailed Eagle Coin Issued by Perth Mint appeared first on CoinWeek.
By Bullion Shark LLC …… Numismatists, coin dealers, and collectors of the American Silver Eagle bullion coin series have long had a suspicion that the coins were struck at multiple branch mints of the United States Mint. In the early 2000s when demand for these coins was surging, the Mint decided to expand its production […]
The post Bullion Silver Eagles Struck at Multiple Mints From Beginning appeared first on CoinWeek.
The United States Mint 2022 American Eagle One Ounce Silver Uncirculated Coin produced at the West Point Mint will be released on June 1 at noon EDT. Due to overwhelming demand, all inventory for this coin is reserved for enrollments. However, customers may still have an opportunity to purchase the products, subject to availability after […]
The post 2022 West Point Uncirculated American Silver Eagle Available June 1 appeared first on CoinWeek.
By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… USPS: Coins Stolen in Transit – California to Louisiana On May 16, 2022, a package was sent Priority Express mail from California to Hammond, Louisiana. On May 18, 2022, the package was delivered to the recipient with the package cut open, re-taped, […]
The post Numismatic Crime – Coins and Currency Stolen From Mail appeared first on CoinWeek.
By Blanchard and Company, Inc …… Silver, sometimes known as the poor cousin to gold, due to its lower price per ounce – can offer strong outcomes for those who choose to invest in it. While silver is a precious monetary metal that has served as currency for thousands of years, it is also a […]
The post Silver Demand Forecast to Increase Five Percent in 2022 appeared first on CoinWeek.
By United States Attorney’s Office, District of Utah …… Gaylen Dean Rust, 62, of Layton, Utah, was sentenced to 19 years in federal prison by a U.S. District Court Judge on Tuesday, March 8, 2022, after being convicted of conspiracy to commit wire fraud, conspiracy to commit money laundering, and securities fraud. Rust was ordered […]
The post Owner of Rust Rare Coin Sentenced to 19 Years in Prison for Fraudulent Silver Trading Program appeared first on CoinWeek.
2022 Edition of our popular bullion coin Limited to 10,000 Fine .999 Silver Bullion 1oz coins worldwide Limited mintage Fine .999 Gold Bullion coin already sold out! The Pobjoy Mint is thrilled to announce that our flagship Pegasus reverse frosted silver bullion coin is back for its 2022 edition. The coin has been issued on […]
The post Pegasus Reverse Frosted Silver Bullion Coin Back for 2022 appeared first on CoinWeek.
By National Coin & Bullion Association (NCBA) …… On March 2, Virginia governor Glenn Youngkin signed House Bill 3, which extends the sunset date for the sales-tax exemption on gold, silver, and platinum bullion and legal tender coins to June 30, 2025. Under the previous law, the exemption would have expired on June 30, […]
The post Virginia Bullion Sales-Tax Exemption Extended and Threshold Removed appeared first on CoinWeek.
Commodity Futures Trading Commission (CFTC) …… The Commodity Futures Trading Commission (CFTC) today announced that Judge Steven C. Seeger of the U.S. District Court for the Northern District of Illinois issued final judgments and consent orders against James Vorley and Cedric Chanu, former precious metals traders, for spoofing and engaging in a deceptive or […]
The post Federal Court Orders Precious Metals Traders to Pay Penalties for Spoofing appeared first on CoinWeek.
Sunday Auction #1214 from David Lawrence Rare Coins (DLRC) is now live and features over 650 total lots – including more than 20 Vault Values and over 325 No Reserve Lots. Included in the variety of fantastic PCGS-, NGC-, and CAC-approved items in this week’s sale is a popular early issue 1793 Wreath 1c PCGS […]
The post David Lawrence Offers Liberty Hill Collection of Morgan Dollars and Silver Eagles appeared first on CoinWeek.
By Bullion Shark LLC …… While the 1933 St. Gaudens’ $20 gold coin is widely viewed as the most infamous American coin of all time with only one example that is legal to own privately, there is another coin whose existence has never even been confirmed following the melting of what is believed to be […]
The post The Mystery of the 1964-D Peace Dollar appeared first on CoinWeek.
By Doug Davis – Founder & President, Numismatic Crime Information Center (NCIC) …… Coins and Silver Seized in Arrest The Police Department of Groveland, Florida is investigating a seizure of coins and silver bars incidental to an arrest of a drug suspect. Officers recovered 93 Royal Canadian Mint silver bars and 45 tubes of Canadian […]
The post Numismatic Crime – $100,000 Worth of Coins Stolen at Starbucks appeared first on CoinWeek.
By Jp Cortez – Money Metals Exchange …… Last year was a good year for state-level sound money legislation across the United States. 2022 could be even better. Building on the success enjoyed by sound money advocates in Arkansas and Ohio last year, more than a half dozen states are now considering legislation that rolls […]
The post 2022 Could Be “Year of Sound Money” in States appeared first on CoinWeek.
By Jp Cortez – Money Metals Exchange …… On Thursday, January 20, an Oklahoma state representative introduced legislation that would enable the State Treasurer to protect Sooner State funds from inflation and financial risk by holding physical gold and silver. Introduced by State Representative Sean Roberts (R-36), HB 3681 would include physical gold and silver, […]
The post Oklahoma to Consider Holding Gold and Silver, Removing Income Taxes appeared first on CoinWeek.
By Austin Jepsky ….. Sometimes referred to as “Mexican Silver”, coins of a .720 silver fineness at one time or another could be found in circulation on five of the seven continents. Despite this widespread use, precious little has been written about this silver alloy, henceforward to be referred to as Decoplata. The purpose of […]
The post Decoplata: The History of .720 Silver in World Coinage appeared first on CoinWeek.
Australian Silver Koala coins are produced in a 1 oz option, with a limited mintage capped at just 300,000. Each year features a new design, adding collectibility to the .9999 fine silver content. 2022’s design portrays a koala napping on a branch. Each coin comes in a protective plastic capsule, with multiples of 20 in […]
The post New Perth Mint 1oz Silver Koala Now Available for Pre-Order at APMEX appeared first on CoinWeek.
By Bullion Shark LLC …… While you might not expect coins to differ that much from year to year, you might find it interesting to discover how differences that lie within the Silver Eagle series can impact their value. This might be hard to imagine to those who are familiar with the series as […]
The post 10 American Silver Eagles Worth Collecting appeared first on CoinWeek.
Pioneering new technology will enable The Royal Mint to recover precious metals from discarded electronic devices such as mobile phones and laptops Provides a source of high-quality precious metals while offering a solution to significant and growing environmental challenges Forms part of The Royal Mint’s reinvention and helps secure a future as a leader in […]
The post Royal Mint to Turn Phones Into Gold With First Sustainable Precious Metal Technology appeared first on CoinWeek.
Depicting one of Australia’s most beloved animals, Australian Koala silver coins pay tribute to our rich wildlife. Struck from 99.99% pure silver, the 2022 koala is available in 1 kilo and 1oz sizes. Only 300,000 1oz coins will be released. No mintage limit applies to the 1 kilo coin, but production will close at the […]
The post Perth Mint Coin Profiles – Australian Koala 2022 Silver Bullion Coins appeared first on CoinWeek.
*Please Note: Some sizes may not be available at launch on October 11. The Perth Mint will advise available sizes closer to the release date. A common guest of residential Australian gardens, the laughing kookaburra (Dacelo novaeguineae) is the largest member of the kingfisher species. The Perth Mint is pleased to present three bullion […]
The post Perth Mint Coin Profiles – Australia 2022 Kookaburra Silver Bullion Coins appeared first on CoinWeek.
The Perth Mint is pleased to present the Australian Kangaroo 2022 1oz Silver Bullion Coin. The Australian kangaroo is a large marsupial endemic to Australia. Identified by its muscular tail, strong back legs, large feet, short fur, and long, pointed ears, the animal has become a much-loved national icon. Struck by The Perth Mint from […]
The post Perth Mint Coin Profiles – Australia 2022 Kangaroo 1oz Silver Bullion Coin appeared first on CoinWeek.
By Bullion Shark LLC …… Among numismatists, the American Silver Eagle is certainly popular. In November 2019, the United States Mint released a limited-edition San Francisco mint mark Reverse Proof. Collectors were so enamored, the entire 30,000 minting sold out in 20 minutes. The Mint tried to prevent hoarding by limiting sales to one per […]
The post Why the American Silver Eagle Coin Should Be in Your Collection appeared first on CoinWeek.
These magnificent silver coins celebrate the Year of the Tiger, the third of 12 animals associated with the ancient Chinese lunar calendar. Those born under the sign of the Chinese lunar tiger in 2022, 2010, 1998, 1986, 1974, and each 12th preceding year are said to be natural leaders blessed with courage, charm, and confidence. […]
The post Perth Mint Coin Profiles – Australian Lunar Series III 2022 Year of the Tiger Silver Bullion Coins appeared first on CoinWeek.
The United States Mint will accept orders for the redesigned 2021 American Eagle One Ounce Silver Uncirculated Coin produced at the West Point Mint beginning on September 9 at noon EDT. Production of this coin is limited to 175,000 units, and orders are limited to three coins per household for the first 24 hours. The […]
The post Redesigned 2021 West Point American Silver Eagle Uncirculated Coin Available September 9 appeared first on CoinWeek.
The Pobjoy Mint is thrilled to announce a new bullion coin range for 2021 featuring the famous clipper ship Cutty Sark. The coins have been issued on behalf of the British Indian Ocean Territory and are available in the following options – all with a stunning reverse frosted background. The range includes: Reverse Frosted Silver […]
The post New Reverse Frosted Gold and Silver Bullion Coins Feature Historic Clipper Cutty Sark appeared first on CoinWeek.
By Louis Golino for CoinWeek ….. I often hear newer coin collectors and silver investors ask what is the best way to buy silver. There are certainly many ways to accumulate, or as some people put it, stack silver, in the physical form. For those looking to acquire physical silver, I think one has to begin with some […]
The post The Coin Analyst – What’s the Best Way to Invest in Silver? appeared first on CoinWeek.
Canadian Silver Maple Leaf Silver bullion is no longer just an investment vehicle but also a hobby that countless “Silver Stackers” take part in every day. It might sound strange to think of the shiny metal as a hobby, but “Silver Stacking” has evolved the metal into something more. Let’s see how… “Silver Stacking” is […]
The post Bullion Coins – Silver Stacking Techniques appeared first on CoinWeek.
2021 marks the 95th birthday of Her Majesty Queen Elizabeth II. This incredible milestone is an opportunity to celebrate the sovereign’s remarkable longevity, her time as head of state, and her undiminished devotion to duty as she continues to carry out a program of royal engagements at a pace inconceivable to most people of her […]
The post Queen Elizabeth II’s 95th Birthday Celebrated on New Gold & Silver Proof Coins From Perth Mint appeared first on CoinWeek.
By Victor Bozarth for PCGS …… One of the biggest volume purchases in most coin shops is that of pre-1965 90% silver U.S. coinage. Depending on the prevailing winds of the bullion markets, the volume (both bought and sold) can be a proverbial trickle or metaphorical flood. The silver price itself is usually a good […]
The post Rings Versus Clicks: Why You Should Listen To Your Coins appeared first on CoinWeek.
Precious Metals Wholesaler Dillon Gage Metals Unveils Olympian Gold and Silver Secrets By Dillon Gage Metals …… This year, one of the world’s largest precious metals wholesale trading firms, Dillon Gage Metals, is sharing secrets behind the globally recognized Olympic medals athletes train so hard to obtain. The value of an Olympic medal is […]
The post How Much is a 2020 Tokyo Olympics Medal Worth appeared first on CoinWeek.
The United States Mint is pleased to announce the opening of sales for the redesigned 2021 American Eagle Silver Proof Coin beginning on July 20 at noon EDT. Production is limited to 300,000 coins, with orders limited to three coins per household for the first 24 hours of sale. The American Eagle Silver Proof Coins […]
The post Redesigned United States Mint 2021 American Eagle Silver Proof Coin Available July 20 appeared first on CoinWeek.
By Royal Australian Mint …… The 2021 $1 1oz Silver Investment Coin – Cheetah is the second instalment in the Australia Zoo Investment Coin series, following last year’s release of the Sumatran tiger coins. Native to Africa, cheetahs are also residents at Queensland’s Australia Zoo and are the fastest land animal on the planet. Known […]
The post Royal Australian Mint Features Cheetah on Latest Australian Zoo Investment Coin appeared first on CoinWeek.
In the fall of 1986, the first silver bullion coins produced by the United States were released, marking the beginning of a series whose enduring popularity is evidenced by rapid sellouts of U.S. Mint products that include them. The American Silver Eagle (ASE) remains one of the world’s most sought-after bullion coins, and its inaugural […]
The post United States 1986 American Silver Eagle Bullion Coin appeared first on CoinWeek.
New video highlights an important milestone in the Mint’s signature coin program On Monday, June 21, the released a video celebrating the 35-year anniversary of its world-renowned American Eagle coin program. The video also highlights a new era in the Program—the release of redesigned American Eagle Gold and American Eagle Silver coins in 2021. Secretary […]
The post United States Mint Releases Flagship Video Honoring American Eagle Coin Program appeared first on CoinWeek.
CoinWeek Podcast #160: Silver: America’s Historical & Political Metal (with Economist William Silber) Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. Silver is a confounding, confusing, and controversial metal, whose continued use in American federal circulating coinage from 1794 to 1970 was the […]
The post CoinWeek Podcast #160: Silver: America’s Historical & Political Metal (with Economist William Silber) appeared first on CoinWeek.
By Bullion Shark LLC …… The West Point Mint, which produces bullion and collector precious metal coinage for the United States Mint, recently struck the final Type 1 2021 American Silver Eagle and the first batch of the Type 2 coins you have likely heard about. Mint Director David J. Ryder personally struck the final […]
The post Changes Coming to All Three Sides of the 2021 American Silver Eagle: Bullion Shark appeared first on CoinWeek.
By Bullion Shark LLC …… Since the start of the pandemic in early 2020, there have been some amazing developments regarding silver bullion and the silver market – the wholesale and retail markets as well as investing in silver through ETFs, or Exchange Traded Funds. After dipping in 2019, the combined demand from those who […]
The post The Silver Shortage and How It’s Affecting You: Bullion Shark appeared first on CoinWeek.
Are you ready for the next U.S. Mint sell-out? By Chris Bulfinch for CoinWeek ….. Proof 2021-W American Silver Eagles (ASEs) with a new reverse design and enhanced security features will be available to the public on July 1 and will almost certainly sell out in minutes. The release of the new coins comes […]
The post Are you ready for the next U.S. Mint sell-out? The 2021-W Type II Silver Eagle Launches Soon appeared first on CoinWeek.
In a message released Friday, May 28 [The message was released late Thursday, May 27. —CoinWeek], we made reference to a global shortage of silver. In more precise terms, the silver shortage being experienced by the United States Mint pertains only to the supply of silver blanks among Mint suppliers. Please see the updated message […]
The post United States Mint Clarifies Statement Regarding Silver Supply Shortage appeared first on CoinWeek.
This magnificent 10-kilo silver coin celebrates the Year of the Ox, the second of 12 animals associated with the ancient Chinese lunar calendar. Those born under the sign of the Chinese lunar ox in 2021, 2009, 1997, 1985, 1973, and every 12th preceding year, are said to be kind, intelligent, honest, and reliable. Admired for […]
The post 10 Kilo Silver Coin From Perth Mint Celebrates Year of the Ox 2021 appeared first on CoinWeek.
If genuine, the intercepted counterfeits would have a retail value of about $2 million Representatives of the Anti-Counterfeiting Educational Foundation (ACEF) and its Anti-Counterfeiting Task Force (ACTF) on the request of the Secret Service provided on-site numismatic expertise to federal law enforcement agents in the Los Angeles area who seized more than 40,000 fake […]
The post Anti-Counterfeiting Educational Foundation Assists in Seizure of 40,000+ Fakes appeared first on CoinWeek.
This majestic wedge-tailed eagle silver coin, featuring artistry prepared exclusively for The Perth Mint by renowned US designer John M. Mercanti, showcases a new ultra-high relief strike, a coining technique that offers an even greater three-dimensional aspect to the coin’s reverse design. Sublimely crafted, the spectacular bird stands especially proud of the coin’s delicately frosted, […]
The post Perth Mint Issues 2021 Wedge-Tailed Eagle 2oz Silver Reverse Proof Ultra High Relief Piedfort Coin appeared first on CoinWeek.
Limited to ONLY 5,000 fine 999. silver bullion 1 oz coins worldwide Unique Reverse Frosted background The Pobjoy Mint is thrilled to announce a new 2021 coin to mark the Centenary of the transition of the Morgan Dollar to Peace Dollar to “commemorate this significant evolution of American Freedom”. The Morgan Dollar was minted from […]
The post Silver Bullion Coin Commemorates 100th Anniversary of Last Morgan, First Peace Dollars appeared first on CoinWeek.
By Chris Bulfinch for CoinWeek ….. On November 14, 2019, more than 100,000 people queued up online, over the phone, and at the United States Mint’s table at the Whitman Baltimore Expo in anticipation of the noon release of the 2019-S Enhanced Reverse Proof American Silver Eagle (ASE). Dealers paid convention attendees to stand in […]
The post The Key Date Type I American Silver Eagles appeared first on CoinWeek.
By Bullion Shark LLC …… Last year the United States Mint announced that after using the same obverse and reverse designs on the American Silver Eagle since its debut in 1986, they would launch a new reverse design for the iconic coin in 2021. Dubbed the Type 2 Silver Eagle, that new reverse was unveiled […]
The post Type 2 American Silver Eagles Coming Soon appeared first on CoinWeek.
In the pantheon of American paper currency, the Treasury Note Series of 1890-1891 is not particularly memorable for its breathtaking designs and impressive artistry. Many collectors seek out the designs of the historic Silver Certificate and United States Note Series, such as the imagery from the 1901 Bison Note and the Educational Series. However, there […]
The post The Grand Watermelon Note Returns on a Replica Silver Bar appeared first on CoinWeek.
Fraser’s Dolphin Gold and Silver Investment Coins These coins are the third installment in the Royal Australian Mint’s ‘Australian Dolphin Series’ and feature the Fraser’s Dolphin (Lagenodelphis hosei), discovered by Francis Fraser in 1956. Complete with a Brilliant Uncirculated finish, both the gold coin and the silver coin’s reverse depicts two Fraser Dolphins as designed […]
The post Royal Australian Mint Issues New Investment Coins Featuring Dolphin, Southern Skies appeared first on CoinWeek.
The beliefs of the Inca take center stage in an impressive new silver coin release issued on behalf of the nation of Tuvalu. These beautiful coins with a domed central element offer up a glimpse of what the Incan people literally believed to be the Tears of the Moon, small bits of silver that rained […]
The post Capture the Tears of the Moon in a Stunning New Silver Bullion Issue appeared first on CoinWeek.
CoinWeek Podcast #156: Money & Race: An American Story Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. In the pageant of American history, some things aren’t negotiable. In this episode of the CoinWeek Podcast Charles and Chris talk to author and historian Michael […]
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The United States Mint will accept orders for the America the Beautiful Five Ounce Silver Uncirculated Coin honoring the Tuskegee Airmen National Historic Site in Alabama beginning on April 8 at noon EDT. This is the 56th and last five-ounce silver coin to be released in the America the Beautiful Quarters Program. Mintage is limited […]
The post US Mint Releases Final America the Beautiful 5oz Silver Uncirculated Coin April 8 appeared first on CoinWeek.
Amid volatility in conventional investments, the popularity of hard assets like gold and silver bullion has never been greater. As a result, financial services firm Goldman Sachs has recently announced targets of $2,300 per ounce for gold and up to $33 per ounce for silver. At the same time, increased demand has drained the inventories […]
The post Bid on Gold and Silver With Stack’s Bowers Galleries Precious Metals Auctions appeared first on CoinWeek.
By Jay Turner for PCGS …… Little thought is given by many people on the previous incarnations of the metal that makes up the coins they have in their collections. Truth be told, the metallic content of many coins cannot be traced back to their origins if it came from previously melted coins. Yet there […]
The post How Morgan Dollars Became Indian Rupees appeared first on CoinWeek.
By Charles Morgan and Hubert Walker for CoinWeek ….. As Gen X’ers, we have found certain aspects of media coverage concerning r/wallstreetbets’ massive pantsing of hedgefund-holding elites via a mobile investing app lacking. For starters, Gamestop (NASDAQ: GME), the company whose stock started it all, is a brick-and-mortar retailer that many consumers north of 50 […]
The post The Gamestop War Spreads to Silver appeared first on CoinWeek.
By Blanchard and Company, Inc …… The presidential win by Democrat Joe Biden may usher in a new era for government policies, from taxes to trade to energy. Indeed, Biden’s energy platform and priorities would look very different from Trump’s. Silver is up 35% this year. Here’s why it could go even higher next year. […]
The post What a Biden Presidency Might Mean for Silver appeared first on CoinWeek.
On Nov. 17, the Silver Institute issued their annual interim Silver Market Review. This report was prepared for the Silver Institute by consultants at Metals Focus
While silver bullion is available annually in a wide range of types and designs that are familiar, such as American Silver Eagle coins or PAMP Suisse silver bars, there are also precious metals released each year with seasonal themes. Among the most beautiful options are those silver Christmas products released by private mints. With distinctive […]
The post Celebrate Christmas in Style with Silver Bullion appeared first on CoinWeek.
As I write this about noon on Nov. 4, Americans have completed casting ballots in yesterday’s elections. But the result of who was elected president is not officially settled
Get ready for two exciting United States Mint releases on November 5: a 2020-W Proof Gold Eagle and a 2020-W Proof Silver Eagle, both with a V75 privy mark commemorating the 75th anniversary of the end of World War II. The privy mark — unusual for US coins — and an extremely low mintage of only 1,945 for […]
The post NGC Special Designations, Labels for End of WWII 75th Anniversary Gold, Silver Eagles appeared first on CoinWeek.
By Bullion Shark LLC …… For the second time in 2020, the United States Mint has produced a limited number of American Silver Eagles at a mint other than its West Point facility, which has historically handled the bulk of production of these coins. Those coins were offered to the Mint’s network of Authorized Purchasers […]
The post U.S. Mint Strikes 1 Million Silver Eagles at San Francisco Mint appeared first on CoinWeek.
“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 […]
The post Gold Dealers Seeing New Buyers While Some Earlier Buyers Are Now Selling appeared first on CoinWeek.
By Louis Golino, special to CoinWeek ….. Even if you are new to collecting coins, you most likely have already heard about and seen American Silver Eagles and perhaps also know they have gold counterparts, American Gold Eagles. Those coins are at the very heart of the modern coin market today and of modern American […]
The post The Coin Analyst: American Silver and Gold Eagles – A Collector’s Guide for Beginners appeared first on CoinWeek.
By Louis Golino, special to CoinWeek ….. Even if you are new to collecting coins, you most likely have already heard about and seen American Silver Eagles and perhaps also know they have gold counterparts, American Gold Eagles. Those coins are at the very heart of the modern coin market today and of modern American […]
The post The Coin Analyst: American Silver and Gold Eagles – A Collector’s Guide for Beginners appeared first on CoinWeek.
The market for coins is not singular. For that reason, different sectors of this market may move in different directions, which is what has been experienced within the past month. Values and prices realized in the scarce to rare market segment have continued to rise, in part due to an expansion in the amount of discretionary money chasing these coins and in part due to an increase in the supply of scarce to rare coins becoming available for sale
While many of the generally available yet bullion spot price impacted silver and gold business strike coins as well as American Eagles are currently in a holding pattern, the same is not true for scarce to rare coins. More headline-grabbing rare dates are being brought to market almost daily, with upcoming auctions now becoming chocked full of material that seldom appears to be available.
Simply put, the market is hot
New designs will be featured on bullion and collectible coins in 2021 On Thursday, October 1, the United States Mint unveiled new reverse designs for bullion and collectible versions of American Eagle Gold and Silver Coins. 2021 marks the 35th Anniversary of the American Eagle coin program, and the new designs will begin appearing […]
The post United States Mint Unveils New American Silver Eagle, Gold Eagle Coin Reverse Designs appeared first on CoinWeek.
The hobby may soon get an unexpected boost from Congress. Legislation is now being considered through which circulating commemorative coins and one-year type designs could appear on circulating quarters and half dollars. While the proposed legislation has other parts that will intrigue collectors, getting the non-collecting public to start examining the coins in their pocket is the best way to get them interested in the hobby
Commodity Futures Trading Commission (CFTC) …… The Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against JPMorgan Chase & Company (JPMC & Co.) and its subsidiaries, JPMorgan Chase Bank, N.A., and J.P. Morgan Securities LLC (JPMS) (collectively JPM), for manipulative and deceptive conduct and spoofing that spanned at least […]
The post JPMorgan Ordered to Pay Record $920 Million for Precious Metals Spoofing, Manipulation appeared first on CoinWeek.
If you look at the business of coins, it appears there are two well-defined sectors that are now going in totally different directions. Prices are consolidating, which is never a good thing be it for stocks, bonds, precious metals, commodities or for collector and investor-oriented coins. Intrinsically valued circulation-strike coins, gold and silver American Eagles are impacted directly by this trend towards consolidation
CoinWeek Podcast #141: Precious Metals in Antiquity (with Mike Markowitz) Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. Today on the Coinweek Podcast, CoinWeek Ancient Coin Series expert Mike Markowitz returns this week for another solo show. In this episode, Mike takes a […]
The post CoinWeek Podcast #141: Precious Metals in Antiquity (with Mike Markowitz) appeared first on CoinWeek.
There have always been dealers who will try to undercut the price at which another dealer sells a like-item. Recently, there appears to be more of this activity than in the past, especially in coins certified to be a condition that is relatively available.
The potential problem as always is the eye appeal of individual coins and what value the buyer puts on a coin without comparing it to the second example
Pride of ownership. Bragging rights. Your own personal and private museum
A frequent question I am asked is what kind of buy/sell formulas for gold and silver my company might use if prices soar far above their current levels. An implicit question that is part of that is whether people would even be able to sell their precious metals at all.
Most, but not all, coin dealers are seek to make a profit margin, whether buying or selling
Photo by Andreas Schoelzel, courtesy of World Money Fair.
In an ideal world, an interest in coins would be the exclusive realm of collectors. The current interest in the coin market is driven partially by collectors with discretionary money, but also by a significant infusion of speculators and investors
By Patrick A. Heller
Have you heard the adage of “be careful what you wish for as you may get it?” That certainly applies to people who purchase precious metals in anticipation of soaring prices.
If the prices of gold, silver, platinum, and palladium rise significantly, these moves would not occur in a vacuum
In a trend continuing from last week, we are again singing the song of silver as it continues its upward climb at the time of this writing.
Up from second place a week ago, the best-seller this week was the 2020-W uncirculated silver American Eagle. As the spotlight on silver brightened, the unc
By Patrick Heller
Virtually all Americans who have self-directed Precious Metals Individual Retirement Accounts (IRAs) have chosen the less expensive form of “unallocated storage” in vaults for their holdings in these IRAs.
As we learned during the bankruptcy of MF Global during the Great Recession, unallocated storage means you don’t own real gold and silver. In unallocated storage, you have a claim against the assets of the operator of the storage vault, who is the party who has title to the gold and silver that you think you own
The U.S. Mint’s remaining quantity – less than 100 – of American Eagle 2019 one-ounce silver Enhanced Reverse proof coins (product code 19XE) will go on sale today, Aug
Editor’s Note: The following is a statement issued by the U.S. Mint via email on Aug
Buyers of physical gold and silver during the 2020 “Gold Rush” should be wary of potential counterfeits in the marketplace, mistaking plated “gold coins” for bullion products, and avoid overpaying for any purchases, cautions the Accredited Precious Metals Dealers division of the Professional Numismatists Guild in a July 31 advisory.
“Adding gold, silver or platinum bullion coins or ingots to an investment portfolio can be a smart choice, but knowing your seller can be a crucial choice,” said Richard Weaver, president of PNG-APMD. “If you don’t know gold, you’d better know your gold dealer
By Patrick A. Heller
Ignoring the effects of inflation of the money supply, the price of gold this week reached an all-time record high, closing on the COMEX on Aug. 5 at $2,031
By Jay Turner for PCGS …… There is a significant share of numismatics and the coin market that is driven by one factor: the metallic value of the coin. These coins that follow the fluctuation of metals markets are considered bullion coins. Bullion coins can consist of precious metals such as gold, silver, platinum, and […]
The post What Are Bullion Coins? appeared first on CoinWeek.
With gold and other metals continuing to soar in value, more attention is being paid to tangible assets, including rare coins By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… Precious metals–gold in particular–are in the news almost daily. This week, gold reached a new high of very nearly $2,000 USD per ounce. Prices […]
The post Jeff Garrett: Numismatics and the Precious Metals Boom appeared first on CoinWeek.
This week, the price of gold reached an all-time high price against the U.S. dollar
We look at the mintage, purity, and other details of the ‘Big Four’ By John Maben – Pegasus Coin and Jewelry …… With global chaos seeming only a blink away and with the growing threat of inflation caused by governments pumping trillions of dollars and euros into Western economies, the idea of investing in […]
The post Bullion Investing: Factors to Consider When Deciding Which Coin to Buy appeared first on CoinWeek.
By Richard Giedroyc
Silver broke through the $21 an ounce barrier as this commentary was being written, so how high will silver go? Is it really the poor man’s gold? There really isn’t anything further to say that the spot price of silver can’t say for itself. Bullion and bullion-impacted coins continue their upward trend. This, in turn, is grabbing the attention of investors while the general public begins once more to check their change to see if they get lucky
By Richard Giedroyc
Silver is more available than gold. Not just silver bullion, but silver in coinage format as well. Due to the more modest price of silver, it is more popular with collectors than gold
Gold coins have circulated for thousands of years. Using gold in coins for payment purposes has a great combination of advantages—durability, portability, standardization, relative ease of production, and others. One limitation of using gold coins for commerce, however, has been that it was most practical for face-to-face transactions
From Zombucks and the World of Dragons series to our beloved Prospector series, Provident Metals has led the way in bringing exciting and unique designs to the bullion industry. Now, we are excited to enter our second decade with the debut of a new Provident Metals Incuse 10 oz Silver Bar. A modern refresh of […]
The post Provident Metals 10 oz Silver Incuse Bar appeared first on CoinWeek.
By Richard Giedroyc
Could prices for key date and ultra-high condition certified coins be ready for a dramatic increase? Dealers have been recently indicating there is a shortage of quality coins that aren’t what I would term “recycled stuff.” It can be argued that many of the better coins are in strong financial hands, however, it can also be argued demand is simply outstripping supply in much the same fashion as is being experienced in the bullion and bullion-impacted sectors of the coin market.
This is the type of problem we all may welcome, that is unless you have been putting off buying some special coin
By Richard Giedroyc
Collectible coins continue to surge ahead, with new collectors and speculators joining a seasoned population of buyers. Demand for gold and silver, be it in bullion or coinage form, continues to outstrip supply. The U
By Richard Giedroyc
Collectible coins continue to surge ahead, with new collectors and speculators joining a seasoned population of buyers. Demand for gold and silver, be it in bullion or coinage form, continues to outstrip supply
By Tom Michael
As we wrap up our look into what changes the COVID-19 pandemic has brought to the coin business, we want to thank everyone who participated, sharing their insights and adaptations so that we might share them with our readers. We hope this mini-series has provided a breath of fresh air to all who have read it, while reminding everyone of the resilience and resourcefulness endemic in our shared hobby and industry.
In this last installment, we bring you news from three of the largest producers of gold and silver commemorative and bullion coins in the world, plus an inside look at the workings of two creative coin originators who continue to push the traditional boundaries of modern collectible coinage
By Richard Giedroyc
The surprising and rapid recovery of equity markets in a “V” rather than a “U” shape curve has impacted the spot price of precious metals inversely. This, in turn, has been impacting the value of bullion and bullion-impacted coins. Consider that the bad news
By the middle of March, demand in the U.S. for physical precious metals, especially gold and silver, was so strong that retailer inventories were largely depleted
By Tom Michael
Perth Mint continues their celebration of the 30th Anniversary of the Australian Kookaburra with the release on June 2 of a 2-ounce silver proof gilded high relief 2 dollar coin. The high relief with selective gilding is a first for the Perth Mint. They used 24-carat gold on the high relief Kookaburra of the reverse design created by well-known graphic designer Jennifer McKenna
By Tom DeLorey for CoinWeek.com …. Most U.S. coin collectors know that the United States Mint continued to pump 1964-dated 90% silver dimes, quarters and half dollars into circulation through 1965 and into early 1966. The reasons for doing this were several, some of them quite reasonable at the time. What most collectors do not […]
The post The Great Silver Coin Swindle appeared first on CoinWeek.
When I went through my change I found a 1944 Lincoln wheat penny from the San Francisco Mint and a 1944 Lincoln wheat penny from the Denver mint. I wonder if they are of any value since I believe they were supposedly taken out of circulation for the war efforts.
Roy Reignier
Riverton, Wyo
By Richard Giedroyc
All sectors of the coin market continue to thrive. Bullion and bullion-impacted coins continue to trade in a tight price range that mirrors the spot price of silver and gold. Overall, the spot price for bullion silver continues to underperform, however there are eager buyers for this metal at current levels
By Richard Giedroyc
There will always be bumps along the road, but in general the market for coins is moving along smoothly. There is some recent hesitation among investors seeking bullion and bullion impacted coins due to prices having reached a plateau for both gold and silver. Possible future appreciation is in question at the moment due to equities markets beginning to head north
By Richard Giedroyc
Gold continues to trade in a reasonably tight range while silver continues to dramatically underperform gold. You might not see this if you follow the demand for silver American Eagle and bullion-impacted silver coins. Demand continues to outstrip supply for both gold and silver composition coins, both older issues and those being generated by the U
By Richard Giedroyc
The market for coins is healthy, even frothy. It doesn’t matter if you are into buying bullion and bullion-impacted coins, collectible but generally available coins, or “desirable” coins. I am using the term desirable rather than scarce to rare due to the keen interest in any coin someone deems to be desirable that is now increasingly widespread
1/2 oz Fractional Silver Rounds Bullion Coins Secondary market Silver rounds are an excellent way to add to your Silver holdings. Although the rounds you receive could be perfect, nice, scruffy or somewhere in between each round/coin will be at least .999+ fine Silver Rounds Highlights: Contains 1/2 oz of .999 fine Silver. Packaging may vary […]
The post Silver Collecting – 1/2 oz Silver Rounds – Secondary Market appeared first on CoinWeek.
MintID was created to solve the problem of counterfeiting in the precious metals space. But until now, investors have been plagued with the uncertainty of whether or not the products they own are actually genuine. By embedding AES-128-bit encrypted and tamper-proof NFC chips directly at the source, customers can authenticate their investments in real time […]
The post MintID Announces World’s 1st NFC-Protected Precious Metal Products appeared first on CoinWeek.
By Patrick A. Heller
The US government and Federal Reserve Bank are inflating the money supply, which reduces the value of the US dollar. Two Federal Reserve online reports document the scope of this inflation
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.
By Richard Giedroyc
First, all the over-the-counter sales stopped. Then all public participation in auctions was curbed. Local coin clubs cancelled meetings
CoinWeek Podcast #132: The Gold Market in a Time of Crisis (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, precious metals expert Peter Hug joins me to share his insights into the current […]
The post CoinWeek Podcast #132: The Gold Market in a Time of Crisis (with Kitco’s Peter Hug) appeared first on CoinWeek.
This beautiful Fractional Silver round is patterned after the $2.50 and $5 Indian Head gold coins minted from 1908 to 1929. This popular incuse, or sunken relief, design is now available in fractional silver sizes to accommodate any price point. Fractional Silver Round Highlights: Contains 1/10 oz of .999 fine Silver. Individual Fractional rounds come […]
The post Silver Bullion Round Profile – 1/10 oz Fractional Silver Round – Incuse Indian appeared first on CoinWeek.
The following message was sent to the Mint’s Authorized Purchasers today:
This is to inform you that we have temporarily sold out of American Eagle silver eagle bullions. Our rate of sale in just the first part of March exceeds 300% of what was sold last month.
West Point is working diligently to produce additional inventory and once additional inventory is produced, we will again begin allocations
The soaring price of gold coupled with an increasing number of significantly rare and expensive coins appearing in recent auctions bode well for the near-future business of coins.
While a strong stock market offers discretionary money, with which to encourage diversification through buying collectibles as hard assets, fears such as those due to the economic impact of the coronavirus are boosting the spot price of gold. Bullion and heavily bullion-impacted silver and especially gold coins are drawing a lot of interest from investors, likely for this reason
By Louis Golino for CoinWeek ….. Rising bullion prices have often been a boon for the numismatic coin market. They enable precious metal investors to direct some of the profits from the sale of their bullion holdings to numismatic pieces. This tends to have a substantial impact on the overall coin market because many large […]
The post The Coin Analyst: How Might $100 Silver Impact the Coin Market? appeared first on CoinWeek.
Precious Metals By Bullion Shark LLC …… Every single group of precious metals has been on the move lately. That includes gold, silver, platinum, palladium and rhodium. Precious metal investors are thrilled, and hype in the market is starting to show. Since the metals hit their heights in 2011, we have not since seen the […]
The post Rising Precious Metals Pricing and How It’s Affecting the Market appeared first on CoinWeek.
By Richard Giedroyc
The same question of the extent of market participation and who is participating in the market that is being asked of stock market investors should be asked of those individuals fancying themselves as coin investors rather than serious collectors. Anything that can be considered scarce to rare or has been certified to be of unusually high grade has a higher probability of being offered in an auction rather than over-the-counter in the current market.
Auction fever is increasing, with spirited bidding and strong prices being realized
By Richard Giedroyc
There were six U.S. coins that sold for in excess of $1 million each during 2019
Luck be a lady tonight, or in this case, Lady Liberty. Another new product that the United States Mint is putting out during the first quarter of the new year is the American eagle one-ounce silver proof coin. It is set to go on sale Jan
Numismatic Guaranty Corporation® (NGC®) will display selections from Toneddollars’ NGC Registry sets of GSA Hoard Morgan dollars at the 2020 Florida United Numismatists (FUN) Show in January.
Jack Kelly, who goes by Toneddollars in the NGC Registry, submitted his collection of toned GSA Hoard coins to NGC in October 2019 to be graded or re-graded. Most of the 100+ coins received a grade of NGC MS 65 or higher, and 48 coins earned NGC’s trademarked Star Designation (★) for exceptional eye appeal
By Richard Giedroyc
The spot price of both gold and silver are once more declining at the moment this commentary is being written. If you watch the price of coins for investment purposes, this is where you should buy on the dip, then sell once the price has recovered to some target value you set for your portfolio. Yes, this makes sense
For the first time since it opened its doors 43 years ago, the Royal Canadian Mint’s Winnipeg facility has struck pure gold and fine silver numismatic coins. These special collectibles are the product of what the Mint calls “a unique marriage of expertise” between Winnipeg and Ottawa employees who joined forces to create “made in Manitoba” tributes to the RCM’s world-renowned Maple Leaf bullion coins.
Effective Dec
Precious Metals Dealer, Sound Money Group Rank the 50 States’ Gold and Silver Policies By Money Metals Exchange …… “Is Your State Destroying Your Money?” asks the Sound Money Defense League and Money Metals Exchange with the release of the 2019 Sound Money Index. The index is the first index of its kind, ranking […]
The post Wyoming, Texas, Utah Top 2019 Sound Money Index — Vermont, Arkansas, New Jersey Among the Worst States appeared first on CoinWeek.
Gold and silver commodity futures contracts are traded on exchanges around the world. The largest market is in London, England, but two other major exchanges are the New York COMEX and the Shanghai Gold Exchange SGE).
Some other lower volume exchanges are traded in Chicago, Sydney, Tokyo, and Zurich, Switzerland
Silver continues its charge this week as we see a bit of a dry spell on new releases from the Mint. This marks the second week of no new products to add to the charts.
The silver spotlight is still shining on 2019 proof sets
The 2019 Limited Edition Silver Proof Set is available from the Mint beginning Oct. 17.
Collectors will have the opportunity to get their hands on the U
No one knows for certain how the concept of “money” originated. There have been various theories posited over the centuries. The idea that I find most sensible is money was created as a means for paying mercenaries, soldiers from one land who were paid to fight for leaders of another land
By Commodity Futures Trading Commission …… On Tuesday, October 1, the U.S. Commodity Futures Trading Commission today announced that civil enforcement actions were filed and simultaneously settled against two trading firms and one bank for violating the Commodity Exchange Act’s (CEA) prohibition on spoofing (bidding or offering with the intent to cancel the bid or […]
The post Morgan Stanley, Mitsubishi to Pay Almost $2 Million for Spoofing Precious Metals Futures appeared first on CoinWeek.
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. […]
The post Stack’s Bowers Galleries Announces Their Inaugural Precious Metals Auction appeared first on CoinWeek.
Precious metals trading-based app gives dealers an alternative to buy, sell and trade 24/7 Dillon Gage – a world leader in physical precious metals trading and technology serving dealers, financial institutions, banks and brokerage houses around the globe – announces its new FizTrade precious metals trading mobile app. Launched in 2000, FizTrade, the award-winning trading […]
The post Dillon Gage Releases New FizTrade Precious Metals Trading App appeared first on CoinWeek.
By the United States Attorney’s Office, Middle District of Florida …… United States Attorney Maria Chapa Lopez announces that brothers Salvatore Esposito (47, Orlando) and Joseph Esposito (43, Orlando) have agreed to plead guilty to an information charging them with conspiracy to commit wire fraud and mail fraud. Each faces a maximum penalty of […]
The post Operators of U.S. Coin Bullion, LLC to Plead Guilty to More Than $7 Million in Fraud appeared first on CoinWeek.
By Louis Golino for CoinWeek ….. If you’re reading this article, then you likely have more than a passing interest in silver. But while you may be familiar with the role the white metal has played in our coinage for thousands of years, you probably do not know the entire story of how the […]
The post The Coin Analyst: Silver’s Important Role in American History, Politics and Finance appeared first on CoinWeek.
The price of gold has risen by more than 19 percent since the beginning of the year. Silver is, at the moment this is being written, flirting with $18 an ounce. Since both are denominated in U
From the August 9 Numismatic News E-Letter
Gold, silver, neither or both? What are you buying?
Here are some answers sent in from our E-Newsletter readers.
I am not buying anything while prices are up.
David Wyndoze
via Facebook
I am buying Small Eagle bust coinage
On July 10 Narodowy Bank Polski [National Bank of Poland] issued a further 20 zł in its series celebrating historic Polish coins. The new 38.71 mm, 28
The Ohio legislature, after going back and forth on the issue, sent a fiscal 2020-2021 budget bill to Governor Mike DeWine’s office that eliminates that state’s existing sales tax exemption on precious metals bullion and bullion-priced gold and silver coins, effective Oct. 1, 2019.
According to budget plans, once again imposing sales tax on such products will result in a net increase in Ohio total tax collections
The United States is facing an unprecedented tsunami of counterfeits coming into the country, mostly from China. From name-brand goods to everyday household items, these counterfeits diminish the value of authentic merchandise and put Americans at risk. For coin collectors and gold and silver bullion investors, the threat of counterfeits can lead to a […]
The post Video: In the Trenches Fighting Counterfeits – with ACEF Director Beth Deisher appeared first on CoinWeek.
Consider it a coincidence barometer if you like, but I have recently noticed an uptick in the number of full page ads in local newspapers as well as ads on television where unnamed companies offer to purchase your coins as well as gold and silver in local hotels.
Considering the recent appreciation of gold and silver, followed by the subsequent increase in value of many intrinsic value driven coins, this suggests the surge in interest in coins many of us have been waiting for is finally at hand. These anonymous buyers, of course, offer to buy your coins at ‘up to’ some very staggering figures to encourage you to visit, but these hotel buyers are helping to draw new attention to coins
Gold bullion remained the same as last week, with total ounces at 4,000 and total units 8,500. With the price of gold eclipsing $1,400, it will be interesting to see how long these numbers go unchanged. Silver, on the other hand, added 305,000 and will end June at 855,000
Image courtesy of the U.S. Mint
“I’m a buyer at these levels,” appears to be a recent frequently repeated statement at many coin shows nationwide. This reflects the lower spot price of gold and silver, which subsequently is impacting the intrinsic value of many collectible coins.
At the same time some dealers are indicating they are having a difficult time purchasing and stocking anything of significance
You can’t hold the ancient Aztec Sun Stone in your hands, and unless you travel to Mexico City, you can’t see it in person, either. However, with an intricately designed new silver round from the Golden State Mint, you can own a replica of this historically significant item from the Aztec Empire of the 16th […]
The post Experience the Beauty of the Aztec Sun Stone on Aztec Calendar Silver Rounds appeared first on CoinWeek.
Right now, five states do not impose any state sales taxes (Alaska, Delaware, Montana, New Hampshire, Oregon) and 32 have complete or partial sales tax exemptions on the in-state retail sales of precious metals bullion and rare coins.
On July 1, West Virginia’s sales tax exemption on precious metals bullion and rare coins go into effect. It is possible that, before the end of 2019, there may be another state that adopts such a sales tax exemption
By CoinWeek News Staff …. On Wednesday, May 8, a federal grand jury in the U.S. District Court for the District of Utah returned six criminal indictments against a family at the middle of an alleged $200 million Ponzi scheme. Husband and wife Gaylen Dean Rust and Denise Gunderson Rust of Layton, both 59 years […]
The post Owners of Rust Rare Coins Receive Criminal Indictments for Alleged Ponzi Scheme appeared first on CoinWeek.
By Harvey Stack – Co-Founder, Stack’s Bowers Galleries …… Changes in the Numismatic World The year 1980 began with a crash in the silver market. For years before, the price of silver had risen slowly, inducing people to start selling any and all silver items they had laying around the house. But in a short […]
The post Harvey Stack – Growing up in a Numismatic Family: The Early Days of Stack’s – 1980 appeared first on CoinWeek.
By Harvey Stack – Co-Founder, Stack’s Bowers Galleries …… Changes in the Numismatic World The year 1979 featured several influential numismatic events, including heavy precious metal buying and the subsequent effects of a hyperactive investment sector. It also featured the birth of a multi-dealer auction event, the sale of several major collections at public […]
The post Harvey Stack – Growing up in a Numismatic Family: The Early Days of Stack’s – 1979 appeared first on CoinWeek.
By John Villavicencio for the Gold & Silver PAC …… Gold & Silver News From the Political Coordinator April showers bring… taxes The tax filing deadline for 2018 has come and gone, but what do you need to know for your 2019 taxes? If you sell on eBay or do business in California, keep […]
The post Gold & Silver PAC News – April/May 2019: Online Sales Tax Collection appeared first on CoinWeek.
The American Western Skulls Collection of silver rounds debuted in late 2017 and carried on through 2018 with six exciting designs to capture the imagination of any Wild West enthusiast. The collection of silver for sale in this series is startling in its variety, with 1 oz rounds and 5 oz rounds available in proof, […]
The post The Indian Warrior: Eighth Issue in American Western Skulls Collection Arrives at JM Bullion appeared first on CoinWeek.
The Anonymous Mint’s Lisa Parker Collection is yet another installment of beautiful silver rounds with low mintage figures. Even by the Anonymous Mint’s standards though, this collection offers extremely limited mintage figures that the mint has labeled “micro mintage numbers”. This new collection from the Anonymous Mint catalogs some of the top works from wildlife […]
The post JM Bullion: What Lies Within Joins the Lisa Parker Collection From Anonymous Mint appeared first on CoinWeek.
Statues of the two symbolic beasts of finance, the bear and the bull, in front of the Frankfurt Stock Exchange. Photo by Eva K
Statues of the two symbolic beasts of finance, the bear and the bull, in front of the Frankfurt Stock Exchange. Photo by Eva K
Statues of the two symbolic beasts of finance, the bear and the bull, in front of the Frankfurt Stock Exchange. Photo by Eva K
Statues of the two symbolic beasts of finance, the bear and the bull, in front of the Frankfurt Stock Exchange. Photo by Eva K
By Rick Bretz for CoinWeek ….. The Binion Hoard offers the collector a variety of ways to collect coins, currency and memorabilia like ashtrays, dice, gambling equipment, photos, casino chips, etc. A collector could assemble a traditional date/mintmark set, or he could choose to assemble a set of the various souvenir items available. But […]
The post Pedigrees & Hoards: The Binion Hoard appeared first on CoinWeek.
By Rick Bretz for CoinWeek …. The Binion Hoard offers the collector a variety of ways to collect coins, currency and memorabilia like ashtrays, dice, gambling equipment, photos, casino chips, etc. A collector could assemble a traditional date/mintmark set, or he could choose to assemble a set of the various souvenir items available. But first, […]
The post Pedigrees & Hoards: The Binion Hoard appeared first on CoinWeek.
The Anonymous Mint has a stellar reputation for the production of copper and silver round series with distinctive, one-of-a-kind designs. All of the mint’s rounds are limited-edition offerings with small batches. Julie Lindquist leads the Anonymous Mint in creating each new series, and at JM Bullion we’re proud to partner with the Anonymous Mint on […]
The post JM Bullion: Get Moonstruck With First Release of New Lisa Parker Series appeared first on CoinWeek.
What perfect timing.
I have a dental appointment today.
The stock market is gyrating in ways this month that people think is worse than pulling a tooth
By Mark Benvenuto
Throughout the entire collector community, it’s fair to say we all like hefty silver coins. It appears to be part of virtually every collector’s passion, and that desire can burn pretty brightly in many of us. Whether it is classic silver dollars or the big silver of foreign countries, these coins are those that are usually in the spotlight and always in collectors’ hearts
(Temecula, California) October 19, 2018 — The recent rise in gold’s price has sparked a return to the physical gold market of former customers along with new retail buyers, according to officials of the Professional Numismatists Guild (PNG). The Temecula, California-based PNG is a non-profit trade association composed of many of the country’s top rare coin and bullion coin dealers
What now?
The stock market had a whoopsie time of it yesterday, down 831 points on the Dow.
It is October.
This month is known for a number of famous crashes
By Al Doyle for CoinWeek ….. Whether they admit it or not, silver stackers get excited about watching their holdings grow by anywhere from a few pre-1965 dimes to a few 100-ounce bars at a time. While “stacking” is enjoyable, it’s possible to get two forms of entertainment from the process. Thousands of different one-ounce silver rounds and bars […]
The post Silver Stacking – Collecting Silver Rounds and Bars appeared first on CoinWeek.
(Image courtesy usmint.gov)
Don’t read too much into this, but silver American Eagle bullion coins have had their best September sales figure since the record-setting year of 2015.
Back in 2015, the U
Gold and Silver Report by Mike Fuljenz – Universal Coin & Bullion …… Barron’s “Rediscovers” Gold Gold has remained within 1% ($12) of $1,200 every day for the last five weeks, unable to rise above $1,212, but also firmly staying above $1,188. This week, the Federal Open Market Committee (FOMC) meets, and they are widely expected to raise short-term […]
The post The Mike Fuljenz Metal Report on Gold and Silver – September 26, 2018 appeared first on CoinWeek.
Gold and Silver Report by Mike Fuljenz – Universal Coin & Bullion …… Cryptocurrency Woes… The price for a single Bitcoin peaked at $19,783.21 on December 17, 2017. Yesterday, the quoted price was $7,317.41, down 63% in seven months. This decline was very predictable since Bitcoin was not a “real” financial market before late 2017. You could buy or […]
The post Bitcoin can be Dangerous to Own – It’s Down 63% in Price and Subject to Theft and Fraud appeared first on CoinWeek.
New Jersey, Kentucky, Vermont and three other states declared biggest enemies of sound money
Eagle, Idaho (July 9th, 2018) — Utah, Texas, and Wyoming round out the top three most sound money-friendly states in the United States, according to the 2018 Sound Money Index, released today by the Sound Money Defense League and Money Metals Exchange.
The 2018 Sound Money Index is the first index of its kind, ranking all 50 states using nine indicators to determine which states have implemented the most pro-sound money policies in the country
By Al Doyle for CoinWeek ….. According to popular wisdom and common sense, beginning precious metals investors who lack large budgets should purchase silver before venturing into gold. This is very logical for a number of reasons, but it leaves an important question unanswered: When does the silver buyer make the switch to the yellow metal? This […]
The post Precious Metals & Bullion Coins – Making the Transition From Silver to Gold appeared first on CoinWeek.
Coin Update continues its series dedicated to reflecting on the long history of Whitman Publishing’s Guide Book of United States Coins, also known as the Red Book, now in its 72nd edition. “Red Book Recollections” features personal reflections written by Red Book contributors, collectors, and others with the aim of providing different perspectives on the long-lived reference work
By John Villavicencio for the Gold & Silver Political Action Committee…… Gold & Silver Political Action Committee News Update on Candidate Steve Bieda Last month the Gold & Silver Political Action Committee reported that we were supporting Steve Bieda (D) in his race for Michigan State Senator. In the fast-moving world of politics, the only thing certain […]
The post Gold & Silver Political Action Committee May 2018 e-Newsletter appeared first on CoinWeek.
By John Villavicencio for the Gold & Silver PAC …… Gold & Silver News From the Political Coordinator Update on Candidate Steve Bieda Last month we reported that we were supporting Steve Bieda (D) in his race for Michigan State Senator. In the fast-moving world of politics, the only thing certain is change. Steve withdrew from […]
The post Gold & Silver PAC May 2018 e-Newsletter appeared first on CoinWeek.
Commentary for Wednesday, January 31, 2018 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $3.60 today at $1339.00 – not bad – we did sell off a bit on the close after reaching above $1344.00 on the day but this was probably the result of “nothing new” […]
The post Gold Markets Report – Gold Remains Firm but Cautious appeared first on CoinWeek.
Ancient Coins – ISLANDS off ATTICA, Aegina. Circa 550-530/25 BC. AR Stater. Sea turtle By Russell A. Augustin, AU Capital Management, LLC ….. Aegina is a rocky and mountainous island in the Saronic Gulf located about 25 miles southeast of Athens. It was settled by the Dorians around 900 BCE and was named after the […]
The post The First Ancient Coins – Aegina’s Sea Turtle appeared first on CoinWeek.
Commentary for Thursday, December 7, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $13.00 today at $1249.80. The best you can say about today’s weakness is that we are simply seeing the continuation of a technical breakdown which said goodbye to the important $1270.00 support line. It […]
The post Precious Metals Market Report – Gold Continues Lower appeared first on CoinWeek.
Image by Uberpenguin.
In a recent interview on the “Fast Money Halftime Report,” renowned trader Mark Fisher discussed the similarities between the current hype for the cryptocurrency Bitcoin and the silver rush seen in the late 1970s and 1980s
In a recent interview on the “Fast Money Halftime Report,” renowned trader Mark Fisher discussed the similarities between the current hype for the cryptocurrency Bitcoin and the silver rush seen in the late 1970s and 1980s. Fisher attributes Bitcoin’s rapid rise in value to its organic popularity (i
By Charles Morgan with Hubert Walker for CoinWeek ….. Coin Overview: As a child of the ‘80s, I was always fond of the Bicentennial quarter. It still turns up in pocket change once in a while, and roll hunters can run across more than a few when poring over bank boxes. Most circulating specimens survive […]
The post On Collecting Bicentennial Quarters: Risks and Rewards appeared first on CoinWeek.
APMEX, Inc., a leading Precious Metals retailer based in Oklahoma City, is thrilled to announce that 2018 Gold and Silver Chinese Pandas are now available to order. The 1 oz Gold Panda, introduced in 1982, featured a simple design showcasing one of the most beloved animals in the world. Since then, the yearly changing designs […]
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APMEX, the nation’s largest Precious Metals e-retailer, is thrilled to announce a new product offering, providing an investment piece that can be tangibly enjoyed. The new 1 oz Silver APMEX Stackables™ represent innovation in production. Each round features APMEXclusive® interlocking ridges that allow the rounds to perfectly stack on top of each other. This mechanism […]
The post APMEX Announces Release of New Stackable Silver Rounds appeared first on CoinWeek.
APMEX, a leading Precious Metals e-retailer based in Oklahoma City, has announced changes to their Citadel site. Now Citadel customers can easily access all information from their APMEX account page and see their current holdings all in one place without leaving the APMEX.com site. APMEX worked to integrate the management of Citadel within APMEX.com to […]
The post APMEX Improves Precious Metals Storage Management, Secured by Brink’s appeared first on CoinWeek.
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 […]
The post GoldDealer Precious Metals Market Report – Gold Moves Higher After FOMC Announcement appeared first on CoinWeek.
APMEX, Inc., a leading Precious Metals e-retailer based in Oklahoma City, is pleased to introduce the second release in the widely popular Chiwoo Cheonwang medal series. This series, produced by KOMSCO, the official mint of South Korea, took the internet by storm with its initial 2016 release and looks to expand on that success in […]
The post APMEX: South Korea Releases Second Chiwoo Cheonwang Silver Medal appeared first on CoinWeek.
APMEX, Inc., a leading Precious Metals e-retailer based in Oklahoma City, is pleased to introduce the second release in the widely popular Chiwoo Cheonwang medal series. This series, produced by KOMSCO, the official mint of South Korea, took the internet by storm with its initial 2016 release and looks to expand on that success in […]
The post APMEX: South Korea Releases Second Chiwoo Cheonwang Silver Medal appeared first on CoinWeek.
Stardust Silver announces their newest release, Terminator Genisys™ GUARDIAN 1 oz .999 Fine Silver Proof. The GUARDIAN Terminator Coin follows the 1 oz .999 Fine Silver Terminator T-800 Reverse Proof commemorative, celebrating over 30 Years of the Terminator™ franchise. Mintage is limited to 5,000 pieces and is composed of fine 0.999 silver. It’s available to […]
The post He said he’d be back – Terminator Returns with a Genisys Silver Round appeared first on CoinWeek.
Stardust Silver announces their newest release, Terminator Genisys™ GUARDIAN 1 oz .999 Fine Silver Proof. The GUARDIAN Terminator Coin follows the 1 oz .999 Fine Silver Terminator T-800 Reverse Proof commemorative, celebrating over 30 Years of the Terminator™ franchise. Mintage is limited to 5,000 pieces and is composed of fine 0.999 silver. It’s available to […]
The post He said he’d be back – Terminator Returns with a Genisys Silver Round appeared first on CoinWeek.
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.
CoinWeek Ancient Coin Series by Mike Markowitz …. …And unto Sarah he said, Behold, I have given thy brother a thousand pieces of silver. –Genesis, 20:16 ABIMELECH, PHILISTINE KING OF GERAR, gravely offended the patriarch Abraham by trying to appropriate his wife, Sarah, having been led to believe that Sarah was actually Abraham’s sister[1]. In […]
The post The Origin of Specie: How Gold and Silver Became Money 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.
Gold Bullion Markets Commentary for Wednesday, November 23, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $21.90 at $1189.30. So we have breached the important support at $1200.00 – not exactly unexpected as we have been saying but time will be needed to see just how […]
The post Gold Bullion Markets Report – Gold Rattled by Durable Goods Number 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.
Commentary for November 10, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $10.40 today at $1264.90. Gold is weak today because the dollar is higher – the Dollar Index moved from 98.25 to 99.25 today before settling somewhat. So let me ask you a question What […]
The post Gold Markets Commentary – The Trump Effect on Gold – No one really knows. appeared first on CoinWeek.
Commentary for Monday, November 7, 2016 (www.golddealer.com) ….. By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold price closed down $23.90 today at $1278.30 in a surprise move to the downside – giving up most of last week’s $30.00 advance. It’s true that gold price is softer and stocks rallied because […]
The post Gold Markets – Gold Lower on Election News appeared first on CoinWeek.
At noon today, the U.S
Updated October 4 at 7:45 p.m
On September 29, Legend Numismatics offered an array of spectacularly toned Morgan dollars in its Regency Auction XVIII in Las Vegas. The 67 coins were divided into three groups: a general selection (lots 43–72), coins from the Flannagan collection (lots 92–109), and the featured Northern Lights collection (lots 73–91, presented in conjunction with Coin Week)
As of noon on October 6, the U.S
The Royal Mint of Belgium has issued two new coins in honor of the centennial anniversary of the breakthrough theory of relativity. Famed scientist Albert Einstein (1879–1955), a German-born theoretical physicist, proclaimed the discovery, which has been described as “the origins of the universe” and essentially resulted in the re-thinking of what was regarded as the basis of science and mathematics
by Al Doyle for CoinWeek ……… Whether they admit it or not, silver stackers get excited about watching their holdings grow by anywhere from a few pre-1965 dimes to a few 100-ounce bars at a time. While “stacking” is enjoyable, it’s possible to get two forms of entertainment from the process. Thousands of different one-ounce silver rounds and bars […]
The post Silver Stacking – Collecting Silver Rounds and Bars appeared first on CoinWeek.
On September 6, the Istituto Poligrafico e Zecca dello Stato (Italian State Mint) issued the latest coin in the popular and successful “Italy of Art” series. The new issue highlights the lovely town of Recanati, located in the Province of Macerata
The Royal Canadian Mint has released the latest coin in its Landscape Illusions series. The reverse design features the Pronghorn Antelope, a North American mammal that in Canada is found predominantly in Saskatchewan
Today, September 16, at noon ET, the U.S
The Royal Canadian Mint has issued the sixth and final coin in its colorful and popular “Big Coin” series, which brings to life each coin presently in circulation as a large five-ounce silver piece. This coin re-creates the “toonie,” a two-dollar bi-metallic coin carrying an image of a polar bear, first introduced into circulation in 1996 to replace the bank note of the same value
The Royal Canadian Mint has issued a new four-coin set which placed together depicts Canada’s national symbol, the maple leaf. When the four square-shaped 2017-dated coins are positioned side-by-side in a greater square, they form an exquisitely engraved image of the Canadian icon
The Perth Mint is now taking orders for its 2016 Australian Kangaroo Four-Coin Silver Proof Set, which is available for $199.09 AUD ($152
The Treasury of the British Virgin Islands has issued (September 7) a new silver bullion coin featuring the mythological stories of Ancient Greece. This design is dedicated to the story of Pegasus, the white divine stallion with wings
The Mint of Hungary has issued (September 5) the latest coin in its ongoing series, “Castles in Hungary.” The new issue features the 14th-century castle of Szigetvár, located in Baranya county in southwestern Hungary, just 30 kilometers from the present Croatian border
A-Mark Precious Metals, Inc. (NASDAQ:AMRK), a full-service precious metals trading company and an official distributor for all the major sovereign mints, has acquired a majority ownership stake in Indiana-based SilverTowne Mint and entered into an exclusive supplier agreement with Asahi Refining USA Inc. a subsidiary of Asahi Holdings (TSE: 5857), a global refiner and producer […]
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The New Zealand Mint is continuing its “Mickey Through the Ages” series with new gold and silver coins featuring the 1938 Mickey Mouse cartoon, “Brave Little Tailor.” The film was based on Grimm’s fairy tale of the same name and went on to be nominated for an Academy Award
The Royal Canadian Mint has released its 2016 Maple Leaf Silhouette: Canada Geese 1/2-oz. silver coin, which is available for $84
Today, August 29, at noon ET, the U.S
Sales of the 2016 Harpers Ferry 5 oz. silver bullion coins crossed the 35,000-units mark yesterday after the Mint reported that 500 pieces have been added to the issue’s overall total
The Royal Dutch Mint has unveiled (August 23) their latest gold and silver collector coins featuring the surrealist artwork of Dutch painter Hieronymus Bosch (c. 1450 – 1516), one of the world’s most distinctive painters
The Perth Mint has issued the 2016 Australian Koala 1 oz. Silver Proof High Relief Coin, which is available for $99
Tomorrow, August 23, at noon ET, the U.S
Tomorrow, August 23, at noon ET, the U.S
Photo by Immanuel Giel.
The Royal Mint has issued (August 19) a new four-coin silver crown set entitled, “Portraits of Britain,” which features some of the most admired and distinct natural landmarks in the United Kingdom
For the first time in two months, the U.S
The Royal Canadian Mint has shared the following press release:
St. John’s, Newfoundland and Labrador, August 16, 2016 – In recognition of Newfoundland’s great First World War sacrifice, the Royal Canadian Mint held an event at Canadian Forces Station St
The Royal Mint has launched (16th August) their latest commemorative 50-pence coins in precious metal for the 950th anniversary of one of the most consequential battles in England’s history.
The battle of Hastings in 1066 began with a question of succession to the English throne after the death of its childless king, Edward the Confessor (1003 – 1066)
The Perth Mint has released its 2016 Gilded Australian Kangaroo composed of one ounce of 99.99% silver with additional 24-karat gold gilding applied to the central kangaroo motif
Just last year, a British charity known for helping UK war veterans received an odd-looking two pence coin in one of its donation bins. As the coins were being counted, a branch treasurer noticed that this particular two pence coin was silver instead of the usual copper color and took the coin to the bank to find out more about it
The Royal Belgian Mint has issued a new silver coin remembering the centennial anniversary of a relief organization that aided much of the Belgian populace during the the country’s occupation by imperial German forces during the First World War. The Commission for Relief in Belgium was initiated by Herbert Hoover (1874 – 1964), an American mining engineer who lived London at the time of the outbreak of the war in 1914
by Al Doyle for CoinWeek ……… According to popular wisdom and common sense, beginning precious metals investors who lack large budgets should purchase silver before venturing into gold. This is very logical for a number of reasons, but it leaves an important question unanswered: When does the silver buyer make the switch to the yellow metal? This is a […]
The post Silver Stackers – Making The Transition From Silver To Gold appeared first on CoinWeek.
by Al Doyle for CoinWeek ……… According to popular wisdom and common sense, beginning precious metals investors who lack large budgets should purchase silver before venturing into gold. This is very logical for a number of reasons, but it leaves an important question unanswered: When does the silver buyer make the switch to the yellow metal? This is a […]
The post Silver Bullion – Making The Transition From Silver To Gold appeared first on CoinWeek.
The Bank of Latvia has issued (August 9) an innovative coin that pays tribute to traditional Latvian artisans active in the porcelain industry. The coin is dedicated to Baltars, a workshop responsible for fine china and faience painting that is considered the pride of Latvian national culture
The Royal Canadian Mint has issued a new five-ounce silver coin that remembers an important advocate for the rights of indigenous peoples in North America. Wanduta, a Sioux Valley Dakota Chief, is featured on a coin that reminds us that equality under the law has, for many communities, been hard-won over the years and decades
The Central Bank van Curacao en Sint Maarten, under the authority of the Netherlands Antilles, has issued (August 4) new silver and gold coins paying homage to one of the Netherlands’ wartime heroes on the occasion of the anniversary of his 100th birthday. George John Lionel Maduro (1916 –1945) is remembered as the only Dutch person of Antillean descent to have been awarded (posthumously) the Knight 4th-class of the Military Order of William, which is the oldest and highest honor of the kingdom
The Centrale Bank van Aruba has issued (August 4) a new coin celebrating the 40th anniversary of the year the island attained its status as a separate entity within the Kingdom of the Netherlands, gaining its own national flag and anthem in 1976.
Aruba did not become officially independent until January 1, 1986
The Royal Canadian Mint has launched the third silver coin in its popular “National Heroes” series, which salutes the jobs, people, and services we all depend on to keep us healthy and secure. The third coin in the series pays homage to the police — men and women who routinely put themselves between civilians and innumerable dangers
The Reserve Bank of New Zealand has unveiled (August 1) a new coin paying homage to the humble honey bee, or Apis mellifera. The honey bee is an integral part of our lives, providing honey while pollinating flowers and plants that provide the human race with needed sustenance
The 2016 American Liberty Silver Medals share obverse and reverse designs with last year’s American Liberty High Relief Gold Coin.
The 2016 American Liberty Silver Medals are among the U
American Eagle Silver Proof obverse. Photo by APMEX
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 […]
The post Gold Markets Report – Gold Closes Strong on BOJ News appeared first on CoinWeek.
1878 Morgan silver dollar ( Photo © Whitman Publishing, LLC. All rights reserved
Gold, silver, and platinum have all gained in value during the past week, making it an apt time to look at recent trends in U.S
Gold, silver, and platinum have all gained in value during the past week, making it an apt time to look at recent trends in U.S
The Royal Canadian Mint (R.C
The Government of the British Indian Ocean Territory has issued (July 27) a new coin highlighting the immense biodiversity of this region. From its indigenous land and airborne creatures to the extraordinary sea inhabitants, the British Indian Ocean Territory is rich and plentiful with an array of diverse and exceptional nature
The National Bank of Ukraine has issued (July 20) the latest coin in its continuing series, “Flora and Fauna of Ukraine.” The series of base metal and silver coins is dedicated to endangered species of plants found in and around Ukraine
The Royal Canadian Mint has issued the latest coin in their clever and optically challenging series, “Landscape Illusions.” The new issue features the salmon in its pristine and unspoiled environment
Stack’s Bowers Galleries has shared the following press release:
SANTA ANA, CA. — Stack’s Bowers and Ponterio is pleased to announce details of their upcoming Hong Kong Auction of Chinese and Asian coins and currency, to be held Monday August 15 through Wednesday April 17 at The Mira Hong Kong, 118 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong
The Royal Canadian Mint has issued a new coin celebrating one of the world’s most popular team sports: basketball. Over the last 125 years, professional basketball has become a multi-billion-dollar industry with sponsorships, televised coverage, and events that bring the sport to an ever-growing audience
The Royal Canadian Mint has issued the latest issue in their “big coin” series. Each currently circulating Canadian coin denomination, from the 5-cent piece to the 2-dollar value, has been rendered as a unique five-ounce silver piece that employs Canada’s recognizable design motifs
On July 18, the Fabrica Nacional de Moneda y Timbre – Casa Real de la Moneda will issue a new collector coin celebrating the 300th anniversary of the establishment of Spain’s postal service.
Granted by Royal Warrant of King Philip V on July 13, 1716, the system was implemented to deliver the King’s orders and diplomatic dispatches, which included his personal correspondences as well as government payments and monies
The Perth Mint has issued its 2016 Australian Kangaroo 1 oz. Silver High Relief Proof Coin, which has a mintage limited to 20,000 pieces (18,000 in this packaging) and costs $99
Today, July 14, at noon ET, the U.S
The Royal Canadian Mint has released its fifth and final 2016 Geometry in Art silver Proof coin, which features a maple leaf motif rendered with polygon shapes. The new issue is composed of one ounce of 99
The Perth Mint has released the 2016 “Famous Ships that Never Sailed – HMS Thunder Child” One-Ounce Silver Proof Coin, which has a mintage limited to 3,000 pieces and is available for $90.00 AUD ($68
By Jim Bisognani – Numismatic Guaranty Corporation ….. 10th Annual Summer FUN Set To Sizzle; Wasn’t The Bicentennial Just Yesterday? – Spot Metals Soaring A Summer Holiday As I write this report another Fourth of July Holiday has come and gone. Our great country’s birthday is something which we should all take great pride in […]
The post Spot Metals Soaring appeared first on CoinWeek.
The Royal Mint’s (July 4) latest face-value commemorative silver coin with a high denomination features the Welsh dragon, an enduring symbol of Wales.
The 2016 Welsh Dragon Celebration £20 Fine Silver Coin is issued in recognition of the Royal Mint’s newly opened and family-friendly ‘Royal Mint Experience’ visitor attraction based in Llantrisant, South Wales
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.
Today, the U.S
The National Bank of Ukraine has issued (May 25) a new coin remembering the construction of Ukraine’s first horse-drawn tram system, which was inaugurated in the second half of the 19th century. This new coin marks the 125th anniversary of its launch
Modern American commemorative coins have often paid tribute to members of the U.S
The 2016 Cumberland Gap 5 oz. Silver Uncirculated Coin was released yesterday and the first-day sales totals are in: the issue has sold 14,062 units, not quite half of its stated 30,000-piece mintage limit
The Istituto Poligrafico Zecca Della Stato (IPZS) has issued its latest collector coin as part of the current EUROPA star coin program. This year the focus is on 20th century Europe and those who have made memorable contributions during this period
Tomorrow, May 5, the U.S
The Mint of Japan has unveiled the next-to-last issue in its successful series of silver and color “Prefecture” Proof coins, which plans to honor all 47 administrative districts in Japan by the time the final piece is issued later this year. The designs of these crown-sized coins highlight the landmarks, cultural objects, and natural beauty of each area, along with the personalities that have had a connection with the prefecture
The Government and Treasury of the British Virgin Islands have issued two uniquely shaped coins in celebration of the 90th birthday of Her Majesty Queen Elizabeth II, which occured on April 21. As head of state of the British Virgin Islands, the Queen was the first British sovereign to visit this Caribbean country in February of 1966; she later returned for a second visit in 1977 as part of her Silver Jubilee tour of the Commonwealth
The first 2-ounce silver coin in the Mint of Poland’s new Ancient Myths series features the Trojan Horse, which according to Greek mythology was used by the Greeks to secretly invade the city of Troy during the Trojan War.
The coin is composed of 99
The obverse of Anthony de Francisci’s Peace dollar features a large, profile head of the goddess Liberty. Her long hair is combed back and the tresses are coiled into a bun at the crown of her head
The Imprensa Nacional Casa da Moeda (INCM) has unveiled new gold and silver coins as part of the EUROPA star numismatic program. This year’s theme focuses on 20th century European design; Portugal’s contribution to this popular series focuses on the celebrated literary artist José Sobral de Almada Negreiros (1893 – 1970)
The Mint of Finland’s latest contribution to the EUROPA Star numismatic program will feature Alvar Aalto (1898 – 1976), the famed Finnish architect, designer, sculptor, and painter. This year’s theme of the EUROPA series focuses on modern 20th century design and how those who have contributed in this arena have impacted our lives and mode of living
The Imprensa Nacional Casa da Moeda (INCM) has launched the issue of a new coin marking the inauguration of the Banco de Portugal’s Money Museum. This new purpose-renovated museum is located in the center of Lisbon in the former Church of St
Yesterday, April 18, the U.S
Today, April 18, the U.S
2016 Mexican Silver Libertad – In Stock NOW One of the world’s most popular coins right now is the Mexican Silver Libertad. Often overshadowed by the Canadian Silver Maple Leaf and American Silver Eagle, the Libertad’s low mintage figures actually make it an immensely popular option for serious investors. 2016 1 oz Mexican Silver Libertad […]
The post 2016 Mexican 1 Oz. Silver Libertad – Available NOW at JM Bullion appeared first on CoinWeek.
Commentary for Thursday, April 7, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $15.00 on the Comex today at $1228.00. This is starting to look like a ping-pong match – even though the dollar was flat. I wish this up-draft was a game-changer but my guess is […]
The post Gold Market Report – Gold Finally Reacts to Dovish Fed Minutes appeared first on CoinWeek.
The Royal Canadian Mint has issued a new coin focusing primarily on our planet, Mother Earth. Every person, animal, and plant is dependent upon Mother Earth and the water she provides
Commentary for Monday, April 4, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $1.90 today on the Comex at $1218.30. The overnight markets were very flat – gold traded within a $5.00 range in both Hong Kong and London and the domestic market moved between $1222.00 and […]
The post Gold Markets Report – Gold Closes Virtually Unchanged – Ignoring the Panama Papers appeared first on CoinWeek.
by Al Doyle for CoinWeek …… At current spot prices in the $15/ounce range, silver isn’t the screaming bargain it was over a decade ago when the metal’s peak for the year was $5.05/ounce on July 22, 2002. Despite silver’s higher price point today, economic observers still say it’s still a good value based on […]
The post Silver Coins – Low Budget Silver Coin Investing and Collecting appeared first on CoinWeek.
By Al Doyle for CoinWeek …… At current spot prices in the $15/ounce range, silver isn’t the screaming bargain it was over a decade ago when the metal’s peak for the year was $5.05/ounce on July 22, 2002. Despite silver’s higher price point today, economic observers still say it’s still a good value based […]
The post Silver Coins – Low Budget Silver Coin Investing and Collecting appeared first on CoinWeek.
Commentary for Thursday, March 3, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold Markets closed up $14.00 on the Comex today at $1256.60. Well – what do you have here? Gold was flat in overnight trading both in Hong Kong and London – and opened flat to down in […]
The post Gold and Silver Markets – Gold Climbs Higher on a Weaker Dollar appeared first on CoinWeek.
2016 Canadian Silver Maple Leaf Silver bullion is no longer just an investment vehicle but also a hobby that countless “Silver Stackers” take part in every day. It might sound strange to think of the shiny metal as a hobby, but “Silver Stacking” has evolved the metal into something more. Let’s see how… “Silver Stacking” […]
The post Bullion Coins – Silver Stacking Techniques appeared first on CoinWeek.
Commentary for Monday, February 8, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $38.70 on the Comex today at $1196.50. This will get everyone’s attention because during the trading day gold actually moved above $1200.00 before settling lower. Still the peak for gold last year was $1302.00 […]
The post Gold Market Update – Gold Closes up $38.70 and Threatens the Important $1200.00 Level | CoinWeek appeared first on CoinWeek.
Commentary for Wednesday, February 3, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold Markets closed up $17.30 on the Comex today at $1144.60. A big move which came later in the trading session after gold had traded in the $1130.00 range for half the trading day. Gold market continues […]
The post Gold Markets – Gold Moves to 15 Week Highs, Closing Above its 200 DMA appeared first on CoinWeek.
by Al Doyle for CoinWeek …… Even with premiums of $2.50 to $4 an ounce above spot, government-issued bullion coins such as the American Eagle, Canadian Maple Leaf, Austrian Philharmonic and Mexican Libertad are extremely popular among modern silver investors. Cost-conscious shoppers tend to go for circulated pre-1965 U.S. dimes, quarters and half dollars at […]
The post An Old-Fashoned Way To Invest In Silver and Silver Coins appeared first on CoinWeek.
By Al Doyle for CoinWeek …… Even with premiums of $2.50 to $4 an ounce above spot, government-issued bullion coins such as the American Eagle, Canadian Maple Leaf, Austrian Philharmonic and Mexican Libertad are extremely popular among modern silver investors. Cost-conscious shoppers tend to go for circulated pre-1965 U.S. dimes, quarters and half dollars […]
The post An Old-Fashoned Way To Invest In Silver and Silver Coins appeared first on CoinWeek.
Gold Market Commentary for Monday, November 30, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $9.80 on the Comex today at $1066.00. The gold market was generally higher from the opening trading upward from $1056.00 through $1069.00 finally settling somewhat lower than highs of the day at […]
The post Gold Market Newsletter – Gold Closes Higher on a Short Covering Rally appeared first on CoinWeek.
Commentary for Friday, November 6, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $17.10 on the Comex today at $1087.60. This is actually above its lowest recent close of $1085.50 (August 5th) and while discouraging is still holding above is last summer’s low close. The price action […]
The post Gold Market Newsletter – Gold Breaks Lower as the Dollar Soars appeared first on CoinWeek.
Commentary for Thursday October 2, 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.…. Gold closed up $23.00 today on the Comex at $1137.10 – surprising everyone, especially the bullion trade. The big factor now supporting gold in the shorter term is the “miss” in the jobs data – 142,000 versus […]
The post Gold Market Newsletter – Gold Higher as Jobs Disappoint and the Dollar Weakens appeared first on CoinWeek.
Commentary for Monday, June 29, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up a modest $5.60 on the Comex today at $1178.50 – so a little excitement over the weekend and into domestic trading on Monday – very little. The overnight Hong Kong and London markets were […]
The post The Gold Newsletter – Gold Reacts to Greece and the Dollar but Remains Indecisive appeared first on CoinWeek.
Commentary for Wednesday, June 3, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $9.40 on the COMEX today at $1184.70. Interestingly the dollar was weaker – the Dollar Index closed yesterday at 95.94 and it is now trading at 95.48. Under normal trading conditions this half point […]
The post The Gold Newsletter – Gold Moves Lower Ignoring Dollar Weakness 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.
Commentary for Monday, May 11, 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed down $5.90 today on the Comex at $1183.20. There was some early upside movement after the announcement that China would cut its lending rate by a ¼% but their attempt at fine-tuning their staggering economy […]
The post The Gold Newsletter – Gold Can’t Get started even with a Rate Cut by China appeared first on CoinWeek.
Commentary for Friday April 10th , 2015 (www.golddealer.com By Ken Edwards and Richard Schwary of California Numismatic Investments Inc…. Gold closed up $11.00 on the Comex today at $1204.60. This was the short-covering bounce I expected yesterday and more importantly gold was firm in the face of a stronger dollar. The dollar this week was […]
The post The Gold Newsletter – Gold Moves Higher on the Anticipated Short-Covering Rally 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 […]
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From the CoinWeek IQ Encyclopedia: 10 Euro Silver Coin – Ambras Castle | Schloß Ambras (2002) Castles of Austria Series (2002-2004) Specifications: The Castles of Austria Series ran from 2002 to 2004 and featured a total of six coins. Each coin in the series, released two a year, depicts a famous Austrian castle and is struck in 0.925 fine […]
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Commentary for Wednesday March 10th , 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold moved lower today on the Comex down $6.30 to close at $1160.10. So yesterday’s small gain was indeed a dead cat bounce – and this close was the cheapest gold has traded this year. Weakness […]
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Commentary for Wednesday March 10th , 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold moved lower today on the Comex down $6.30 to close at $1160.10. So yesterday’s small gain was indeed a dead cat bounce – and this close was the cheapest gold has traded this year. Weakness […]
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By Rick Bretz for CoinWeek…. The Binion Hoard offers the collector a variety of ways to collect coins, currency, and memorabilia like ashtrays, dice, gambling equipment, photos, casino chips, etc. A collector could assemble a traditional date/mintmark set, or he could choose to assemble a set of the various souvenir items available. But first, who […]
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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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Commentary for Wednesday February 11th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $12.60 on the Comex today at $1219.00 reacting to a stronger dollar and a negative technical picture. The overnight gold market was actually quiet in Hong Kong and London – and the domestic market […]
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John Humphrey, Dillon Gage Digital Metals Interviewer: David Lisot, CoinWeek.com…… Dillon Gage has a created way to trade in gold,silver, platinum and palladium simultaneously. John Humpfrey of Digital Metals explains how this new service will benefit purchases of precious metals. Copyright © CoinWeek January 2015 2015 FUN SHOW – Orlando Florida: The Florida United Numismatists […]
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By CoinWeek News Staff…. Every year since 2003, the Austrian Mint (Münze Österreich AG) has released a new bimetallic, silver-niobium collector’s coin honoring science, engineering and technology. This year’s coin, available now on the Austrian Mint’s website (http://www.muenzeoesterreich.at/eng/produkte/cosmology), features a design based on the theme of “Cosmology”. Delivery started Wednesday, January 21. The outer […]
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The History of Metals We have documented the history if individual metals before and we have also visualized their annual production. However, we have not seen all of the metals on one timeline before such as in this infographic. Worth noting is gold’s prominence ever since the beginning of history. Because the yellow metal is […]
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Commentary for Friday January 9th, 2015 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed up $7.60 today at $1216.00 so its technical picture continues to improve on the short term. Most writers believe higher numbers are the result of safe-haven buying over European monetary problems. But I think the […]
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2015 SILVER SERIES: PART 1 OF 4 Since the early days of civilization, the ancients connected the brilliance of silver to the moon. Artemis, the Greek goddess of the moon, wore silver sandals and shot from a silver bow and arrow. This lunar comparison might be fitting because like the moon, silver also has many […]
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Commentary for Wednesday, Dec 10th, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $2.60 at $1228.90 in a mild round of profit taking after yesterday’s big $36.80 move to the upside. Considering recent higher prices pushed by short-covering and some safe haven buying the bulls while still […]
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Commentary for Thursday, Nov 13th, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed up $2.20 at $1161.10 edging somewhat higher but probably capped by lower oil prices. Saudi Arabia continues to pump disregarding lower prices and a weakening European picture. With this scenario you might wonder what they […]
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Commentary for Friday, Oct 31, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $27.00 today at $1171.00 and at one time traded as low as $1161.00 and has given up $60.00 on the week. As the Bank of Japan announced an additional $700 billion in stimulus the […]
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Commentary for Wednesday, Oct 27, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold remains steady off $2.10 at $1229.10. The overnight Hong Kong and London markets lacked any direction and moved within a $3.00 range. The 30 day gold chart however shows gold is having trouble holding on to […]
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Commentary for Wednesday, Oct 23, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed down $16.30 at $1228.50 taking all the fizz out of recent action around the $1240.00 level. The dollar was strong as the Dollar Index saw a trading range of 85.66 through 85.88. I think today’s […]
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Commentary for Wednesday, Oct 9, 2014 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc.……… Gold closed up a strong $19.30 at $1224.60 as the overnight Hong Kong and London markets confirmed their strength after the release of September’s FOMC minutes yesterday. While this latest move might yet turn out to be […]
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Commentary for Wednesday, Oct 8, 2014 (www.golddealer.com) ……… Gold closed down $6.40 today at $1205.30 in a market which really cannot make up its mind. It actually traded as high as $1220.00 before reversing itself as oil prices came down – WTI crude oil moved lower by $1.15 at $87.47 a barrel and the dollar […]
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Another Miserable Week for Gold and Silver Gold and silver drifted lower over the course of the week, with a challenge to the $1200 level for gold becoming a distinct possibility. Silver is struggling to hold $18.50. Mainstream opinion has been negative for commodities generally, with a strong dollar undermining them. Brent crude, for example, […]
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by Tony Davis – Atlanta Gold & Coin Buyers ………. One of the most popular topics in the news today is the status of the dollar as the world’s currency and how efforts are being made by foreign nations to circumvent using the dollar by entering into currency swaps and commodity trade agreements. There’s no questioning that the dollar […]
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By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com …….. In the previous two weeks, the US Treasury has been forced to pay out a net of $65 billion to cover US dollars and US Treasury Debt being repatriated. Some amount of this is almost certainly 1) in retaliation by the Russian and […]