Precious Metal & Rare Coin Market News

At the start of the Civil War, the United States government halted specie payments – or the mechanism by which citizens could turn in their paper money and redeem it for gold or silver. This led to widespread hoarding of gold and silver coins during the war and these coins disappeared from circulation. In order to alleviate this crisis, Congress authorized the creation of five-cent coins made of a 75% copper-25% nickel blend. Today known ... >> Read More        

Your options for determining the value of your coin or coin collection Ever wondered what your grandfather’s coin is worth? Inherited an interesting old coin collection? New to the numismatic world? Not to worry, coin grading is a process that involves several steps, but it’s fairly straightforward. With a lot of online resources, anyone can do it. And, of course, there’s also an app for that. What Is Coin Grading? First, what is coin grading? ... >> Read More        

Recently, the World Gold Council took a look back at the gold market over the last 30 years. Their analysis reveals how much the asset has changed technology, investment markets, and central bank activity across the globe. Their research not only shows how gold has influenced the development of the modern world, but also offers clues on how that influence may continue. Here, we offer a summary of their findings,  which look at several factors ... >> Read More        

Did you see the latest inflation news? The Labor Department just released its revised estimates of the November and December Consumer Price Index (CPI). What's that you may ask? Revised data is kind of like a "do-over" for government economists. Yet, often times these "revisions" don't capture the big splashy headlines or coverage on the evening news like the first release. Yet, it's important to pay attention. Why? "U.S. monthly consumer prices rose in December ... >> Read More        

The National Numismatic Collection at the Smithsonian Museum in Washington D.C. is the home to the rarest of the rare coins in the world. The treasured collection houses more than 1.6 million monetary objects in total and is considered the largest collection of money in the world. The coins are sourced from every inhabited continent on the globe and span more than three millennia. Today we highlight five of the most interesting U.S. rare coins ... >> Read More        

Desperate times call for desperate measures. And hard times call for Hard Times Tokens. Hard Times Tokens were copper tokens that were either one cent or half a cent in value. These pieces served as unofficial currency between 1833 and 1843. The coins were privately minted in response to an ongoing shortage of small changes in the US resulting from an economic depression. One major contributing factor to this setting was the decision from President ... >> Read More        

For the first time in 100 years, it took more than one round of voting in early January to select the Speaker of the House of Representatives. In fact, it took a historic 5-day, 15 rounds of voting for the members of the U.S. House to choose Representative Kevin McCarthy as their leader. What does this have to do with gold? Well, the early signs from the contentious inner workings of the U.S. House of ... >> Read More        

Fed Hints Rate Hike Cycle Is Almost Over The Federal Reserve hiked interest rates by 0.25% on Wednesday in its ongoing battle to bring inflation down. The big change in today's Fed announcement was new forward guidance suggesting that they are near the end of the current Fed rate hiking cycle. Investors continued the recent rush into the safety of precious metals. Gold ticked higher after the Fed move, trading as high as $1,947 on ... >> Read More        

If you are looking to expand your coin collection this year, this list contains some of the most sought-after coins for beginners and advanced numismatists alike. With an eye toward long-term investment value, if you seek to acquire the highest quality rare coin available that fits in your budget, you will never be disappointed. Here is our list of the top five rare coins you should collect. 1. 1909-S V.D.B. Lincoln Cent In 1907, President ... >> Read More        

As the economic data turns south, investors are rushing into gold and silver – favored safe-haven assets in an economic downturn. Gold charged out the starting gates in recent months, climbing at a dizzying pace. While gold vaulted a breathtaking 18.8% from its October 2022 low to the January high, silver is also showing a double digit increase – with a 21% gain over the past three months. Here's what we are seeing in the ... >> Read More