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Archive for July, 2015

Red Spots On Gold Coin

July 27, 2015 2 Comments
Red Spots On Gold Coin

Anybody who has been collecting gold coins for a while now is familiar with the dreaded “red spot.” The topic is quite popular because many believe red spots on “pure gold coins” to mean that the coin is counterfeit. In most cases this is not the cause at all. Let us explain why. Red spots […]

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Gold & Silver Market 7-27-2015

July 27, 2015 0 Comments
Gold & Silver Market 7-27-2015

Overall last week was fairly positive for precious metals, but everything was overshadowed by the beating gold took from the markets. A coincidence of factors led to a sharp fall in the headline price, and took most of the investing media’s attention, which is understandable. However silver suffered much less and across the platinum group […]

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Gold & Silver Market 7-19-2015

July 19, 2015 0 Comments
Gold & Silver Market 7-19-2015

Once again we saw prices fall across most of the precious metals sector, with one big exception – yes, we were completely wrong about rhodium – and while some of it can be put down to the generally unsettled financial situation there are worrying signs for silver. If you’re looking at gold or the platinum […]

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What Is A Proof Coin?

July 16, 2015 0 Comments
What Is A Proof Coin?

To completely understand what a proof coin is, you need to know a little bit about the coin minting process. To see a full explanation of coin minting, see our blog post about it here: http://blog.goldeneaglecoin.com/silver-coins-minted/ Up until 2008, when a coin die was created, it was hand carved onto a larger version of the […]

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Gold & Silver Market 7-11-2015

July 11, 2015 0 Comments
Gold & Silver Market 7-11-2015

We saw losses almost right across the precious metal market last week, with the platinum group looking to take the biggest hit, but it’s a pretty confused picture overall. On the surface it looks as if modest gains in equities could be responsible but it’s all complicated by general market nervousness as the Greek debt […]

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Gold & Silver Market 7-5-2015

July 5, 2015 0 Comments
Gold & Silver Market 7-5-2015

Last week was a very mixed one for precious metals with gold and silver down, but some gains in the platinum group. The whole period was overshadowed by the accelerating crisis in Europe, where Greece became the first developed nation to default on an IMF loan and now looks likely to be pushed out of […]

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