Coin collectors always have one eye on the bullion value of their coins and may also directly collect bullion in the form of gold, silver and platinum coins and bars. The last few weeks have been turbulent times indeed for all kinds of investors. Cryptocurrencies collapsed, and now seem to be reviving, thanks in part […]
Informative
What Is A Burnished Coin?
Coins come in a variety of different types and grades. Circulated coins are the common coins you’ll have rolling around in your pockets or purses and are used on a daily basis to purchase goods. Uncirculated coins are produced the same way as circulated coins, but they have never been put to use or into […]
How Are Silver Coins Minted?
Most people don’t understand the amount of labor it takes to create a single silver coin, round or bar. This knowledge often goes hand-in-hand with why people don’t understand that they can’t buy a silver or gold coin for the spot price without any premiums. In this article we are going to discuss how a […]
What Is A First Strike Coin?
Coin grading companies such as PCGS and NGC have been labeling coins “First Strike” for a while now and we get many collectors asking us what this designation means. There’s a lot of funny information out there and in this article we’re going to dispel the rumors and get right to what exactly the “First […]
What Are GSA Carson City Morgan Silver Dollars?
From 1878 until 1921, the official silver dollar used in circulated was the Morgan Dollar. Morgan dollars were minted at 5 mints across the country: – Philadelphia (no mint mark on the coin) – Carson City (“CC” mint mark) – San Fransisco (“S” mint mark) – New Orleans (“O” mint mark) – Denver (“D” mint […]
How Many Coins Are In A Roll?
This question can apply to several types of coins, but for our sake we’re going to stick to U.S. coins that in circulation as well as United States bullion coins. Coins in Circulation When coins meant for circulation are finished being minted, they are then sent in bulk bags to branches of the Federal Reserve […]
Difference Between Poured and Pressed Silver Bars
One common question we receive from investors and collectors new to purchasing precious metals is “What is the difference between the different types of silver bars?” When referring to silver what they are asking is the difference between poured or pressed silver bars. In this article we are going to discuss how they differ, how […]
How To Ship Gold and Silver Bullion Securely
While you can ship gold and silver via any method you please, there is one way that is the preferred method in the industry; United States Postal Service Registered Mail. Why Use Registered Mail? USPS Registered Mail is the U.S. Postal Services most secure method of shipping. With Registered Mail you can insure a single […]
What Is Coin (Mint) Luster?
If you are a coin collector, or have any experience in numismatics then you’ve more than likely heard the term “mint luster” or “coin luster” (lustre). It’s a common occurrence in coins, but it’s a difficult thing to describe. Not only is it difficult to describe, but a great deal of people don’t know how […]
What Is A PCGS Rattler Holder?
If you’ve been interested in graded coins for any length of time then more than likely you’ve heard the term “rattler” thrown around. In the following article we’re going to cover what a Rattler holder is, and more importantly, why you should be on the lookout for them. If you don’t know what coin grading […]
What Does MCMLXXXVI Mean On My Gold Coin?
Why does my Gold Eagle not have a date? What year is my Gold Eagle, it’s not listed? What does MCMLXXXVI mean? These are all common questions we receive at Golden Eagle, and the answer to all of them is the same. When the United States Mint began producing American Gold Eagle Coins, they decided […]
Why Do Some Coins Have Ridges (Reeds) On The Edge?
If you look at early gold and silver coins you’ll notice that a great deal of them have a smooth rim – or at least a rim without any ridges (technically called “reeds”). This is most often found in very old coins that come from an era when minting practicing weren’t as refined as they […]
Why Do We Throw Coins into Fountains?
Given how many fountains adorn the malls across America, the question of “Why” we have that tradition isn’t often asked. Children grow up tossing coins into fountains and are taught at a young age to make a wish as they do it. In most cases, even the parents don’t know why we have this tradition – […]
Silver Dollar – How Much Is It Worth?
“I found a silver dollar, can you tell me how much it’s worth?” Believe it or not, this is a very common phone call we receive at Golden Eagle. We’ll usually oblige and play a little bit of I Spy and receive answers such as: “It’s got an old, bald guy on one side.” “The […]
Understanding Silver Prices
Introduction Silver is not only the most malleable and conductive metal you can find but it is also the whitest one. Throughout the history, silver has been used for a variety of application, the most prominent of which is in making jewelry and money. The first evidence regarding the use of silver dates back to […]
Buying Silver Locally
When it comes time to purchase your silver bars or silver coins you have essentially two main options to consider: buy your silver online, or buy your silver locally – in person. There are many pros and cons that go along with either choice and below we’re going to outline the benefits so that you […]
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