Precious Metal & Rare Coin Market News

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        

In the world of numismatics, a select group of individuals has left an indelible mark. With unwavering dedication and unparalleled expertise showcased in their extraordinary rare coin collections, they've crafted a legacy that continues to inspire modern-day collectors. This article will introduce some of the most famous old coin collectors, highlighting: The contributions of renowned rare coin collectors to the field of numismatics. Notable treasures within their collections. The most reputable avenue for acquiring coins ... >> Read More        

As the days get shorter, the temperatures turn cooler and pumpkin spice everything is everywhere, gold and silver emerged as clear asset class winners in the third quarter. Amid escalating war in the Middle East, the start of the Federal Reserve rate cutting cycle and uncertainty about the U.S. presidential election investors are piling into the safety of gold and silver. Precious Metals Performance In September, gold broke records again hitting a new all-time at ... >> Read More        

Worries about jobs drove the September Consumer Confidence Index sharply lower to 98.7 from 105.6 in August, the Conference Board said. Meanwhile investors continued to pile into gold driving the precious metal to another record high at $2,670 an ounce in late September. The September plunge in consumer confidence marked the biggest drop since August 2021 and showed deterioration in all five components of the index. Big picture, Americans worry about the upcoming U.S. Presidential ... >> Read More        

While the field of numismatics largely revolves around U.S. coins, a close neighbor to the U.S. also boasts many rare coins worth seeking out. This article will provide a rare Mexican coins list to guide collectors to identify and appreciate these valuable treasures. Specifically, it will talk about: Rare Mexican coin values The historical significance of sought-after Mexican coins Where to find rare Mexican coins for sale online Watch a coin enthusiast discuss the rarest ... >> Read More        

While gold has been stealing all the headlines and limelight, with its impressive +25% year-to-date performance, silver has been quietly and steadily racking up stellar gains in its own right. How much has silver gained since the start of the year? Silver is up an astonishing 30%. In fact, this year, silver has topped the $30 an ounce level for the first time in a decade. Surprising? Not really, when you consider the insatiable demand ... >> Read More        

You are probably aware that the United States of America national debt continues to tick higher every second of every day. In 1988, the U.S. government debt stood at $6.6 trillion. In 2001, the U.S. government debt stood at $9.9 trillion. In 2014, the U.S. government debt stood at $17.8 trillion. In 2019, the U.S. government debt stood at $27.1 trillion. In 2024, the U.S. government debt has soared above $35 trillion. More concerning to ... >> Read More        

Federal Reserve Starts Easing Cycle with a Jumbo Sized Rate Cut The record-shattering gold rally of 2024 saw another burst of investor buying on Wednesday, following the Federal Reserve's first interest rate cut of this easing cycle. The Fed came in big Wednesday with an aggressive half percent cut in benchmark fed funds rate. Investors immediately bought gold after the news, which drove the precious metal to another record high above $2,600 an ounce on Wednesday ... >> Read More        

Presidential dollar coins were first released in 2007 as part of an initiative to honor former U.S. presidents. With their unique designs and special role in commemorating American history, they quickly became very popular with collectors. However, with the series rapidly growing over time, collectors frequently wonder: “Which presidential dollar coins are rare?”. This piece will answer that question, highlighting: The most valuable rare presidential dollar coins. Collectible presidential bills. Sourcing rare presidential gold coins ... >> Read More        

The year 1857 in American history included many significant events. These included the tragic sinking of the S.S. Central America off the coast of North Carolina, the Panic of 1857 (exacerbated, in part, by the financial loss from the S.S. Central America) which saw New York banks close in October, not to reopen until mid-December of that year, and Congress banned the use of foreign coins as legal tender. In the numismatic world the Flying ... >> Read More