Precious Metal & Rare Coin Market News

There's a reason that collectors—even beginning numismatists—go after the satisfying goal of sourcing and owning an iconic Mercury Dime set—it's fairly easy to complete. The cost can range from about $2,500 up to nearly $850,000, depending on your budget, your goals and the grades you choose. Q. Why should you consider building a set of Mercury dimes? A. It's exciting and can be profitable too. Many collections of rare coin sets have sold as a ... >> Read More        

In 1974 in Dallas, a successful real estate developer named Mack Pogue brought home a gift for his 10-year-old son Brent—a bag of Lincoln wheat pennies. Mack had bought the bag of coins from his brother Jack for $100 and wanted to encourage an entrepreneurial spirit in his son. So, he gave his son Brent an "option" to buy the bag of pennies from him for $110 within one week. Brent dutifully took the bag ... >> Read More        

U.S. Treasury bonds have long been seen as the gold standard for safety. In times of financial crisis, war and recessions, investors around the globe turned to the perceived safety of U.S. Treasury debt. After all, Treasuries are backed by the full faith and credit of the United States federal government. Simply put, our government has promised to pay back lenders with interest. Yet times are changing. Analysts at Bank of America recently raised this ... >> Read More        

Fed Cuts Interest Rates for Second Time in 2024 As expected, the Federal Reserve delivered its second interest rate cut of 2024 on Thursday. The central bankers updated their policy statement saying: "The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance." The Fed cut its key interest rate by 0.25 percentage points to 4.50-4.75%. How did markets react? Gold traded $32.50 higher Thursday afternoon at $2,703.30. Silver also ... >> Read More        

Americans across the nation were sitting on the edge of their seats waiting for results on election night. We didn't have to wait long. In the wee hours of the morning Wednesday, the AP called the election for Donald J. Trump after it became clear he won enough of the key battleground states to tip him over the 270 Electoral College votes needed to clinch the victory. Republicans also gained control of the U.S. Senate ... >> Read More        

With gold up 31% since the start of the year, you may be curious, what do professional money managers think of gold and its outlook ahead? Barron's recently published its exclusive Big Money Poll: What's Ahead for Stocks, Bonds and the Economy and money managers articulated the case for gold. With many money managers voicing concern that the stock market is overvalued with the S&P 500 currently trading at 21 times 2025 estimated earnings, above ... >> Read More        

During the rough and tumble times of the California gold rush, people in the west desperately needed coins to buy everyday goods and services. Sure, large quantities of gold dust and nuggets were being discovered every day in the early 1850's. Yet, there was no way to turn these newly discovered riches into coins in the west at that time. After all, the first California branch of the U.S. Mint didn't open until 1854. During ... >> Read More        

It is widely known that Chinese and Indian citizens have bought gold for centuries. Accumulating and owning precious metals has been a cornerstone of those societies approach to wealth preservation and wealth building. What is less widely known is the healthy appetite for gold on the European continent. A new survey from the World Gold Council revealed that German investors place great value in gold's role as an inflation hedge and a portfolio diversifier. And ... >> Read More        

Susan B. Anthony played a pivotal role in American history, championing women's rights and paving the way for future generations. To honor her legacy, the U.S. Mint produced the Susan B. Anthony dollar from 1979 to 1981, and again in 1999. While these coins were initially met with mixed reactions due to their similarity in size to quarters, over time, certain Susan B. Anthony dollars have become highly prized among collectors. In this article, we ... >> Read More        

The SS Central America played a pivotal role in U.S. history by sparking the Panic of 1857, widely recognized as the first global financial crisis. Dubbed the “Ship of Gold” for the immense quantity of precious metals it carried, ranging from coins to ingots, the vessel's tragic sinking had far-reaching effects that shaped the nation’s future. This article will discuss the recovery of the vessel’s lost treasure, focusing on SS Central America coins and highlighting: ... >> Read More