Precious Metal & Rare Coin Market News

President Woodrow Wilson famously described World War I as the war to end all wars. After a bloody four-year conflict, from 1914-1918, in which over 8 million soldiers and sailors died, the Allied Forces and the Germans signed an armistice ending World War I on November 11, 1918. After the war ended, the American numismatic community advocated for an official coin to celebrate the peace. Soon after, a design competition for the new coin was ... >> Read More        

U.S. stocks plunged and gold climbed to a four-week high after a blow-out December jobs report on January 10. The Dow sank nearly 700 points as investors fled the equity markets following news that the U.S. economy added 256,000 new jobs in December, far outpacing estimates of around 165,000 jobs. Investors once again turned to the safety of gold as expectations the Federal Reserve will not reduce interest rates as much as previously expected took ... >> Read More        

It was January 24, 1848. At Sutter's Mill in California, James Marshall was doing his daily inspection for the sawmill he was building. He found shining flecks of metal amid loose dirt and gravel after he diverted water to clean up the construction site. Marshall showed it to his crew and everyone was fairly certain it was gold. However, Marshall unaware of the significance of his discovery was focused on completing the sawmill on schedule ... >> Read More        

Throughout history, bubbles have formed in stocks, real estate and even tulip markets. Indeed, financial history keeps repeating itself. Bubbles form, grow and then burst with disastrous consequences over and over again. Investors who are participating in the market run-up typically believe that if anything goes wrong, they can be safely one of the first people out the door. But, since bubbles are fueled by psychology—the fear of missing out—and also greed, getting out at ... >> Read More        

Gold and silver delivered extraordinary performances in 2024. It was a record-breaking year as gold climbed to multiple new all-time highs throughout the year. Gold's remarkable ascent to a new record above $2,700 an ounce was driven by multiple factors including central bank buying, geopolitical tensions, monetary policy easing, persistent inflation, and increased safe-haven demand from investors. Precious metals outpaced returns in most other asset classes. Gold climbed as much as 33% annually through the ... >> Read More        

The U.S. rare coin market is closing out a memorable year that will go down in the record books. In 2024, the numismatic market surpassed $6 billion in annual total volume. On a global scale, the coin collecting market was valued at $18.1 billion and is projected to climb to $43.9 billion by 2034, with an 8.5% annual growth rate. In 2024, the American numismatic market  registered a significant pick-up, as overall demand for rare ... >> Read More        

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        

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 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        

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