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- The price of gold has been a big story this summer with spot prices recently reaching over $1500 per ounce, which is a six-year high. In 2019 gold has gone up $295 per ounce, or 24.37%, and in the past month alone it is up $97, or 6.9% (as of August 8, 2019). Silver is al ...Read more »
- 1) The Vulnerability of Precious Metals 2) What Damages Coins? 3) What Can You Do to Prevent Damage to Yo ...Read more »
- On May 22, before a hearing of the House Financial Services committee, Treasury Secretary Steven Mnuchin revealed during questioning from members of the House of Representatives that a $20 note with Harriet Tubman on the front and Andrew Jackson on the back is unlikely to be issued before 2028 – well after a possible second Trump presidential term. In 2016, then-presidential candidate Trump said that putting Tubman on the $20 would be “pure political correctness” and instead suggested she should appear on the $2 bill, which is rarely seen in circulation. In addition to an abolitionist and political activist, Tubman (who was born a Maryland slave and lived from 1822 to 1913) is best known for her work for the Underground Railroad, which safely led hundreds of slaves to freedom in numerous risky clandestine raids. After the Civil War, she worked with Susan B. Anthony to promote enfranchising women, making her a key figure in both the anti-slavery and women’s suffrage m ...Read more »
- The Royal Mint of the United Kingdom is one of the world’s oldest and most important mints with over 1,100 years of experience. It produces all the nation’s circulating coins, as well as bullion and commemorative coinage and medals. It has also minted circulating coins for over 100 issuing authorities around the world. Historical overview Coinage in Great Britain dates to the second century BC when Celtic tribes first introduced coins to the region. During the Roman rule of Britain, the Romans established mints all over the area, including in London, but that ended with the end of Roman rule. N ...Read more »
- The West Point Mint was built during the Great Depression in 1937 and opened its doors as the West Point Bullion Depository the following year. It was nicknamed “The Fort Knox of Silver” because it was built to store silver. The mint has a fascinating history, including half a century prior to its designation as an official US Mint. To ...Read more »
- Most collectors are aware that U.S. Mint commemorative coin programs, which have been limited to two per year since 1998, are created through legislation that originates with members of the U.S. Congress and attempts to make its way through the legislative process. However, the U.S. Congress also periodically enacts various legislative proposals – some of which become law, and many which do not – that impact numismatics in other ways such as the provision that eventually was used to end the use of 90% "coin" silver in numismatic coins. During the 116th congress, which began on January 4, 2019, and continues until the end of 2020, several bills have been introduced that either call for the issuance of new coins or impact the numismatic industry. Bush coins ...Read more »
- Platinum is one of the rarest, purist and most precious metals. It is part of what is known as the platinum group, referring to elements arranged together on the periodic table, which includes indium, osmium, palladium, platinum, rhodiu ...Read more »