Precious Metal & Rare Coin Market News
New Year Means It’s Time to Rebalance Your Portfolio
If you are like many investors, your portfolio is on cruise control. Consider this: when is the last time you checked your allocation levels between say stocks, bonds, and precious metals? The stock market posted healthy gains in 2024. But, it's important to remember those numbers you see on your stock market brokerage account are just "paper gains." It's not an actual profit until you exit the investment and lock in the gains. That's right ... >> Read More
5 Steps to Identifying Rare Sacagawea Coins
Sacagawea, an iconic figure from the Lewis and Clark Expedition, holds a prominent place in American history and numismatics. Since her image first appeared on U.S. coinage in 2000, Sacagawea dollars have been widely distributed, but not all are created equal. Some stand out as exceptionally rare and highly sought-after by collectors. This piece will answer the question “How do you know if you have a rare Sacagawea coin?” and uncover: A step-by-step guide to ... >> Read More
Fed’s Gold Dip Equals Buying Opportunity for Investors
Fed Slashes Its Key Interest Rate for the Third Time This Year The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point on Wednesday, pushing it down to 4.25% to 4.5%. The stock market fell after the Fed's announcement and gold dipped modestly. Precious metals weakened as the Fed signaled that it would only cut rates twice in 2025, versus the previously signaled four interest rate cuts. Wednesday's interest rate ... >> Read More
Heading into 2025: Inflation Still Hotter Than Fed’s Target
This won't come as a surprise to Americans who are still battling high prices for everyday goods— official inflation numbers are still above the Federal Reserve's 2% target. The latest November Consumer Price Index (CPI) report revealed the biggest monthly jump in seven months. Consumer prices climbed 0.3% in November to 2.7%, while the core rate—which excludes food and energy rose 0.3% to a 3.3% annual rate. Big price increases for eggs and beef helped ... >> Read More
The Surprising History Behind Rosa Americana Coins
You may have heard the phrase: "it's not what you know, it's who you know." This mattered even in 18th century England. In the 1700s, William Wood, a copper and tin mine owner in England had an abundance of metal and was looking for a way to profit. Wood had heard the American colonies were experiencing a coin shortage. So being an enterprising businessman, Wood used his connection to the king's mistress—the Duchess of Kendal—to ... >> Read More
11 Rare George Washington Coins
George Washington, America's first president and one of its most revered founding fathers, left an indelible mark on the nation's history. As a true American icon, it is no surprise that his image has graced countless American coins over the centuries. From vintage pieces to modern commemoratives, the rare George Washington coin remains among the most sought-after numismatic treasures. In this article, we'll explore the history and significance of these coins, focusing on: The fascinating ... >> Read More
American CEOs Warn Higher Prices Ahead: That’s Good for Gold
Want to buy a new laptop, smartphone or video game system? You might want to buy it now, because major American CEOs are warning that they are going to be raising prices soon. While this may be painful for American consumers—rising prices means more inflation—and that's good for gold. On the campaign trail, President-elect Donald Trump promised to enact a 10 to 20% tariff on imports from all foreign countries, and a 60 to 100% ... >> Read More
The Concepcion Shipwreck: The Sad Story Behind the Amazing Coins
Though often overshadowed by other famous shipwrecks, the Nuestra Señora de la Concepción is one of the most significant Spanish galleon discoveries of modern times. In 1641, this treasure-laden ship departed from Cuba only to be overtaken by a powerful hurricane, scattering its cargo across the Silver Shoals. This article delves into the rich history of the ship, with a focus on Nuestra Señora de la Concepción shipwreck coins, including: Intriguing historical facts about the ... >> Read More
Gold Investors Swiftly Buy Dip to $2,500 Area
Precious metals prices soared higher in 2024, with gold and silver both showing 25%+ gains since January. After gold hit a new record high above $2,780 in late October, the precious metal slid lower, pressured by a rising U.S. dollar, profit-taking by short-term traders and on the news that U.S. presidential election would not be contested. If you haven't been watching the price of gold closely, you probably missed this latest dip in the price ... >> Read More
Measuring the Impact of Silver versus Gold in Your Portfolio
Much of the time, gold steals all the headlines and the spotlight. But, there is another precious metal in the background—that offers a less expensive entry point for accumulation—yet still offers the same portfolio diversification and risk reduction benefits. That's silver of course. Historically, silver has proven its value during economic and geopolitical crises. In ancient and modern times, silver has acted as a store of value, an asset to preserve and grow wealth, a ... >> Read More