Precious Metal & Rare Coin Market News

Wall Street is counting on the Federal Reserve to cut interest rates at its upcoming September 18 meeting. The question is how big will that rate cut be—25 or 50 basis points? The latest U.S. jobs data came in weaker-than-expected by a smidge, showing further signs the labor market is cooling. But, it appears to be a coin toss on whether this will push the Fed to cut rates in a bigger way this month ... >> Read More        

The Admiral Gardner was a significant vessel of the late 18th and early 19th centuries. Renowned not just for its role in the British East India Company's trade, but also for its unfortunate end, the ship met a tragic demise in 1809 on Goodwin Sands. Admiral Gardner’s precious cargo of coins, salvaged years later, has been highly sought after by collectors ever since. This piece will uncover the full story of this iconic vessel, exploring ... >> Read More        

As America hurtles toward a significant presidential election in just a few months, Thomas Jefferson's inaugural address in 1801 carries an instructive theme. Students of American history will remember that in 1801, Thomas Jefferson was sworn in as the third president of the United States. His victory over incumbent president John Adams marked the first time the American presidency changed from one party to another—shifting from the Federalist party to the Republican party. After a ... >> Read More        

In a few short months Americans will go to the polls to elect our next president. Depending on who wins, your taxes might go up or they might go down. But no matter who wins—changes to U.S. tax laws are coming that will impact all Americans. The Tax Cuts and Jobs Act of 2017 included many tax breaks that will automatically expire in 2025 unless Congress acts. Both presidential candidates: Donald Trump and Kamala Harris ... >> Read More        

You may agree that coin collecting is one of the most rewarding pursuits in the world. After all, it was once known as the "hobby of kings" due to its roots during the European Renaissance among wealthy Europeans. Historically, collectors purchased rare coins for their historical significance and beauty. But as these coin collections were sold for significantly higher values, investors began turning to rare coins as an asset class of their own, to gain ... >> Read More        

Collectors who appreciate the rich history of the United States highly value presidential coins for their meticulous craftsmanship and stories they tell about the nation's leaders. To add depth to their presidential coin collections, enthusiasts often go beyond the standard issues. They seek out interesting varieties and errors of coins featuring their favorite leaders. Among the most sought-after presidential coins are those featuring the two Adams presidents, John Adams and John Quincy Adams. This piece ... >> Read More        

The Federal Reserve finally got what it was waiting for. Inflation appears to be under control and trending lower. It's been a long wait for not only the Fed, but for millions of Americans who have been battered by the double whammy of high inflation and high interest rates. That has put big ticket purchases like homes, cars and other items out of reach and on hold for many consumers. In July, the Consumer Price ... >> Read More        

In a blink of an eye, stock markets around the world began careening sharply lower on Aug. 1. Bad economic data and disappointing earnings started the crash and the stock rout accelerated as traders around the globe began unwinding leveraged stock market trades from Japan to the United States. What Triggered the Stock Market Sell-Off? A series of bad U.S. economic reports showing weakening employment, manufacturing and construction data pushed the stock market sharply lower ... >> Read More        

Celebrated for his significant influence in the numismatic community, John Albanese has left an indelible mark on the industry through his numerous contributions and innovation. John began his numismatic journey in 1978, with the establishment of his own company. It wasn't long before his expertise and dedication opened up additional opportunities. In 1986, John co-founded the Professional Coin Grading Service (PGCS) which, at the time, set the gold standard for professional coin grading. The following ... >> Read More        

There is an often-quoted market adage: "In Wall Street, what has happened before will happen again." It's true. Investors who look at market cycles and invest accordingly can benefit from the knowledge of history. That leads us to one of the biggest economic questions of 2024 for gold investors: What does history tell us about how gold performs during Fed easing cycles? New research from the Wells Fargo Investment Institute provides the answer: "the average ... >> Read More