Precious Metal & Rare Coin Market News

You may agree that coin collecting is one of the most rewarding pursuits in the world. After all, it was once known as the "hobby of kings" due to its roots during the European Renaissance among wealthy Europeans. Historically, collectors purchased rare coins for their historical significance and beauty. But as these coin collections were sold for significantly higher values, investors began turning to rare coins as an asset class of their own, to gain ... >> Read More        

Collectors who appreciate the rich history of the United States highly value presidential coins for their meticulous craftsmanship and stories they tell about the nation's leaders. To add depth to their presidential coin collections, enthusiasts often go beyond the standard issues. They seek out interesting varieties and errors of coins featuring their favorite leaders. Among the most sought-after presidential coins are those featuring the two Adams presidents, John Adams and John Quincy Adams. This piece ... >> Read More        

The Federal Reserve finally got what it was waiting for. Inflation appears to be under control and trending lower. It's been a long wait for not only the Fed, but for millions of Americans who have been battered by the double whammy of high inflation and high interest rates. That has put big ticket purchases like homes, cars and other items out of reach and on hold for many consumers. In July, the Consumer Price ... >> Read More        

In a blink of an eye, stock markets around the world began careening sharply lower on Aug. 1. Bad economic data and disappointing earnings started the crash and the stock rout accelerated as traders around the globe began unwinding leveraged stock market trades from Japan to the United States. What Triggered the Stock Market Sell-Off? A series of bad U.S. economic reports showing weakening employment, manufacturing and construction data pushed the stock market sharply lower ... >> Read More        

Celebrated for his significant influence in the numismatic community, John Albanese has left an indelible mark on the industry through his numerous contributions and innovation. John began his numismatic journey in 1978, with the establishment of his own company. It wasn't long before his expertise and dedication opened up additional opportunities. In 1986, John co-founded the Professional Coin Grading Service (PGCS) which, at the time, set the gold standard for professional coin grading. The following ... >> Read More        

There is an often-quoted market adage: "In Wall Street, what has happened before will happen again." It's true. Investors who look at market cycles and invest accordingly can benefit from the knowledge of history. That leads us to one of the biggest economic questions of 2024 for gold investors: What does history tell us about how gold performs during Fed easing cycles? New research from the Wells Fargo Investment Institute provides the answer: "the average ... >> Read More        

Fed Signals Rate Cuts May Come Before Election Gold traded higher after the Federal Reserve held interest rates steady at its meeting today. However, the central bank made an important pivot in how it talked about the economy, signaling to Wall Street that it is getting closer to an interest rate cut. Gold is climbing in afternoon trading at $2,449.90, not far from its record high set earlier this month at $2,469.70. At the Fed's post-meeting press ... >> Read More        

This summer in Paris, 10,500 of the best athletes from around the globe will compete across 32 different sports for the ultimate prize: an Olympic gold medal. As billions of viewers around the world watch the hope, glory and defeat, competing at the Olympic Games is the moment these athletes trained a lifetime for. To these athletes, the value of winning a gold medal at the Olympic Games could never be measured in dollars, but ... >> Read More        

Cracks in the 2024 stock market bull are starting to appear. In just five trading days in mid-July, the so-called Magnificent Seven (Nvidia, Microsoft, Alphabet, Tesla, Apple, Meta and Amazon) tumbled lower, shedding a stunning $1.128 trillion in market capitalization. That marks the biggest loss since May 2022. Many Wall Street pros have been voicing worries about the rapid increase in stock prices this year, along with the high valuation levels and the euphoria around ... >> Read More        

There are rare coins and then there are ultra-rare coins. The 1793 Flowing Hair Wreath Cent Vine and Bars is a landmark coin, which is virtually impossible to find in high grades today. The survival estimate stands at only 8 for grades 65 or better. It is still an extremely hard-to-find rarity in grades 60 or better with only 40 survivors. What makes this large copper cent one of the most desirable specimens for astute ... >> Read More