In the coin business, rarely does a product come around that takes the community by surprise. New coin designs are known in advance, with their respective release dates being published months prior. The buzz is out many months before a coin or round is even minted, and seasoned numismatists can recognize which coin products will […]
With the advent of online shopping, the manner in which consumers traditionally shop has fundamentally shifted – if not changed completely. Instead of getting in their car and driving down to the mall or even the grocery store, consumers are overwhelmingly choosing to shop from the comfort of their own homes. In years past this […]
In our previous article we spoke about what Bitcoin is and just briefly touched on how a bitcoin transaction takes place. In this article we will go in depth into how bitcoin transactions take place. I say “transaction” because that is what is at the heart of the Bitcoin ecosystem. How Does a Bitcoin Transaction […]
Bitcoin is unlike the traditional fiat currency system that we use today where all money is created and controlled by central banks such as the Fed or the European Central Bank (ECB). With Bitcoin, there is no central authority and as such is referred to as a “decentralized” peer-to-peer payment network. Broken down simply, you […]
Being in the coin business for just about 40 years, we’ve seen a lot of markets and trends come and go. Bull markets, bear markets, the silver bubble (and crash) of 1980, the 2000’s commodities boom and more recently, the rise of graded coins. When PCGS came about and began offering grading coins as a […]
Most people don’t give a second thought to their pocket change. You buy a soda, toss the coins in your pocket and when you get home they go in a jar. Wash. Rinse. Repeat. Eventually, you’ll have enough coins in your jar to cash in at your local bank or Coinstar. If you work in […]
Have you ever wondered what the term XF45 or MS64DPL stand for? While most people understand that a coin in a plastic coin holder (or “slab”) has been assessed a grade, there are some nuances, details and even history that those same people probably don’t know about. So let’s get started. With the advent of […]
In the past decade, the term “Pre-1933 Gold” has become commonplace in the bullion industry. Companies have used infomercials, radio ads and email marketing to urge customers to purchase gold bullion that was minted prior to 1933. While there is some merit in owning gold bullion that was minted prior to 1933, many consumers are […]
Earlier this month the Citizens Coinage Advisory Committee (CCAC) met to discuss a proposal to change the reverse design of the American Silver Eagle, the United States Mint’s flagship bullion product and arguably the most popular bullion coin in the world with sales this year on pace to reach 50 million units. Buy 2015 Silver […]
With the speed at which technology is advancing these days, battling forgery and counterfeiting is a top priority for most companies. This is no different in the Numismatic Community as evidenced by the new $100 dollar bill that was released by the United States Mint this past year. However, there have yet to be great […]
Only a few years ago, rhodium was easily the world’s most expensive metal with the per ounce price topping $10,000 dollars in 2008. It is 100 times more rare than gold, and over 150 times more rare than silver. But regardless of its exorbitant price, rhodium is an important metal for the automobile industry as […]
All silver will tarnish. It’s an unfortunate fact of life. But you would think that the way people talk about it that they had just contracted some terminal illness. So to combat this negative stigma around silver coins becoming tarnished, the coin industry created the term “toning.” And many times, toned coins will cost more […]
As of April 2nd 2014, the Gold/Silver ratio stands at 64:1. This means that it takes 64 ounces of silver, to purchase one ounce of gold. This ratio offers some historical insight and some believe that it offers future insight into the direction of the price of silver. Prior to 1900, the Gold/Silver ratio fluctuated […]
That is one of the more frequent questions here at Golden Eagle. Customers will call and ask if their bullion sales are “private.” Privacy is of the utmost importance to us as well as our customers and the answer to their question is “Yes. To a degree.” When selling precious metals back to us or […]
1. Gold is so rare that the world pours more steel in one hour than it has gold since the beginning of recorded history. 2. Gold has been discovered on every continent on earth. 3. Gold melts at 2063 degrees Fahrenheit. It is an excellent conductor of heat and electricity and it never rusts. 4. […]
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 […]
Gold & Silver Market 11-23-2015
The precious metals sector was confusing last week, with a mixed bag of performances and no clear pattern visible. The two big investment items, gold and silver, didn’t show a lot of movement. Neither did platinum, while palladium managed to rise. With the equities markets also rising quite strongly, propelled mostly by gains in defense […]
Gold & Silver Market 11-17-2015
Once again there were disappointing results right across the precious metals sector last week, although the scale of losses varied. Overall it was a worrying period, because metals managed to lose ground even though the equities markets fell heavily. Normally we’d have expected to see metals make a lot of ground in these market conditions, […]
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