Precious Metal & Rare Coin Market News

2024 Presidential Election buttons

Presidential Election 2024: It’s the Economy, Stupid

Gold, Investment, Market News |
Back in 1992, the U.S. was mired in a recession. Bill Clinton was mounting a presidential campaign to take the White House. And, incumbent president George HW Bush was seen as out of touch with the needs of everyday Americans. A Clinton advisor became famous for the phrase: "It's the economy, stupid." Indeed, the Clinton campaign highlighted the failing economy at every turn and won the White House, perhaps in part due to that strategy ... >> Read More        
1923 Halfpenny

The Most Valuable Australian Rare Coins List and Value

Market News, Rare Coins |
While the United States stands as a pioneer in numismatics, boasting a treasure trove of incredibly diverse rare pieces, the global landscape of rare coin collecting extends far beyond its borders. Venturing into international numismatic territory, this piece aims to provide readers with a most valuable rare Australian coins list and value insights, highlighting: Noteworthy high-value Australian coins. The historical and cultural nuances of these iconic coins. Prime online sources for the best quality rare ... >> Read More        
Gold bars and gold coins

Gold Hits New Record High in March. Here’s Why

Gold, Investment, Market News |
The price of gold climbed to a new all-time record high in March. Voracious buying from Chinese citizens and expectations for Federal Reserve interest rate cuts in the back half of the year helped fuel the latest run-up in gold. Also, investors around the globe continue to pile into safe-haven assets like precious metals to protect themselves in a world increasingly filled with military turmoil, economic instability and political uncertainty. Gold extends its record run ... >> Read More        
1884-S Morgan dollar

5 Key Date Morgan Silver Dollars

Market News, Rare Coins |
1884-S Morgan dollar 1889-CC Morgan dollar 1893-S Morgan dollar 1895 Proof Morgan dollar 1903-O Morgan dollar The Morgan silver dollar set is one of the most collected series of coins ever produced by the U.S. Mint. Yet, for serious collectors finding a key date coin to complete their Morgan dollar set can be an elusive and difficult challenge. Key date coins represent a date or a date and a mintmark in a certain series. Key ... >> Read More        
Fed

Fed keeps rates at 23-year highs, gold surges

Gold, Investment, Market News |
Fed Sees Three Rate Cuts in 2024 The Federal Reserve kept its key interest rate unchanged at Wednesday's meeting, but signaled that three rate cuts are still expected in 2024. That leaves the Fed’s benchmark rate at a 23-year high of 5.25% to 5.5% for the fifth meeting in a row. Deciphering the Fed's "dot plot." The Fed released its latest rate cut projections, a chart known as the "dot plot." Officials kept their forecasts ... >> Read More        
1884 Indian Head Cent

1884 Indian Head Penny: A Tangible Piece of Early American History

Market News, Rare Coins |
During the economic chaos of the Civil War, Americans hoarded any precious metal they could find. Even copper-nickel one-cent pieces virtually disappeared from circulation. The U.S. government came to the rescue with the Act of April 22 and authorized a new thin, bronze version of the Indian Head penny. Indian Head pennies are an iconic, classic early American coin coveted by collectors. Minted from 1859 through 1909, Indian Head cents surged in popularity in the ... >> Read More        
1878 Morgan Dollar CC obverse and reverse on transparent background

Carson City Morgan Dollars: A Favorite for Collectors across the Country

Market News, Rare Coins |
For many numismatists, a Morgan silver dollar set is a must-have for their collection—and this is one of the most collected series of coins the U.S. Mint has ever produced. Within that series, the Morgan silver dollars minted at the legendary Carson City Mint in Nevada are highly sought after. And, there are only 13 coins in the Carson City Morgan dollar series. The exciting news? Building a Carson City Morgan dollar set is an ... >> Read More        
SS Gairsoppa

Top-5 Discoveries from the SS Gairsoppa: Silver Bars, Coins and More

Market News, Rare Coins |
Throughout history, hidden gems often emerge in the aftermath of significant historical events. A prime example lies in shipwrecks, like the SS Gairsoppa. This ill-fated vessel became a testament to an intriguing chapter for coin and history enthusiasts alike. Investigating the findings following the ship's sinking, this article explores the iconic SS Gairsoppa silver coins and bars born from the discoveries made, focusing on: The SS Gairsoppa’s dramatic history. A comprehensive catalog of the ship’s ... >> Read More        
risk tolerance

The Connection between Risk Tolerance and Gold

Gold, Investment, Market News |
One of the most important questions for any investor is how much risk are you comfortable with? In investing, risk can be defined as: The permanent loss of your money or Not having money when you need it. Both outcomes are undesirable to say the least. Stocks are considered one of the most risky asset classes. Stocks tend to be more volatile than bonds and can deliver a higher expected return. But in exchange, stock ... >> Read More        
Gold prices rising

Could Gold Hit $3,000? Citi Analysts Say It’s Possible in 2025

Gold, Investment, Market News |
Gold at $3,000 an ounce? From current levels, that would mark a nearly 50% increase in price. While it's not their base case, the global banking giant—Citi—highlighted economic scenarios which would support a massive increase in the price of gold to $3,000 in 2025. So what could push price gold to $3,000? Aggressive central bank purchases, stagflation, and a global recession are all triggers that could drive the price of the yellow metal to $3,000 ... >> Read More