For coin collectors, the most valuable coin is always the one that has just been stamped. Perfect, with no scratches, nicks or marks, with a uniform finish, and with clear, crisp designs and inscriptions. The more time a coin has spent in someone’s pocket, the less it is worth. No matter how valuable a rare […]
In recent weeks we have been talking about coin collecting itself, rather than particular coins, and since there is so much to say on this topic, we are continuing the theme this week, with some answers to the basic question of new collectors, “So I want to collect coins, where do I start?” The simplest […]
Last week, at a time when we all think about new starts for the New Year, we started talking about taking up coin collecting. We look at the two basic reasons to do so – which are often combined in a single collection – doing it for pleasure and interest and collecting for an investment. […]
As one year turns into the next, and we all start thinking about doing something new for the New Year (such a better way to think about it than making resolutions), how about starting a coin collection? Over the next couple of weeks we’ll look at this thought, and cover the basics of why and […]
To ‘nickel and dime’ someone might be just a nuisance, or of no significance in everyday life, but coin collectors don’t see it that way at all. Collecting nickels and dimes is a serious business, and for small collectors, or on a limited budget, it’s a great way to build an interesting collection of the […]
We hear a lot on the news about Bitcoin thefts, but regular coins can be stolen too – and they increasing are being stolen, by skilled gangs or individuals, who rob coin dealers stores, steal collections, and scam buyers with counterfeit coins. Have you ever heard of the NCIC? If you haven’t then you probably […]
As promised, we are picking up where we left-off last week, in talking about pre-1934 gold coins, and why right now, according at least to Barry Stuppler, President of the Accredited Precious Metals Dealers, a section of the Professional Numismatists Guild, the spread between melt value and market value on these coins is the smallest […]
Ever sit and look at those coins in your pocket, to see the designs, or the year, or other features? If you answer, “yes”, then coin collecting could be for you. Coin collecting has something to offer for everyone – historical interest, beautiful designs, patriotic themes, world travel, and investment too. With that in mind […]
Last week America’s largest coin graders, the Numismatic Guaranty Corporation, who operate in both Florida and Shanghai, announced that since their founding in 1987, NGC have graded 40 million coins. New coin collectors soon learn about ‘proof’ and ‘uncirculated’ grades, but what is so important here, that a company can be successful simply grading coins? […]
One of the main appeals to investing in precious metals is that the product is physical – you can actually hold the silver or gold that you are buying. This is unlike paper money that is easy to print by counterfeiters as well as the government. Precious metals, because of their physical nature (size, and […]
“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 […]
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 […]
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 […]
When it comes to buying gold, customers are regularly confused why they can’t purchase a gold coin or bar for the spot price. The common misconception is that the spot price of gold is just like the price of a stock; you can buy 1 share at the listed price. What people don’t realize is […]
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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