Archives for August 2019

In God We Trust – All Others Pay Cash! During the bloody carnage of America’s Civil War, there was a movement at the U.S. Treasury Department to make sure the motto “In God We Trust” was added to America’s coins. Some people interpreted it as a nod to finding purpose in the sacrifice of so many at the Altar of Freedom. For others, it was the Federal Government’s way of saying that God was on the Union side. Whatever the real reason, when the motto was added to coins it did not escape the eagle-eyed notice of Americans, prompting someone to quip: “In God We Trust – all others pay cash!” We have brought in from a bank vault in a secret European location,400 original $5 gold Liberty half Eagles. Each one of these coins is in crisp extra fine … [Read more...]

There are a lot of gold coins on the market. But they all fall into two basic categories: “Bullion or numismatic (rare) coins”. Bullion coins simply refer to gold coins that are made almost exclusively from precious metal, in this case gold. Their value component is that they consist of highly refined gold and are viewed primarily as an investment or a hedge against tough economic conditions. Numismatic coins refer to rare coins, ones that are bought and sold by collectors. Unlike bullion coins, their value isn’t based on the gold content, but rather on their rarity and condition. Their premiums are usually much higher than bullion coins, and can stretch into the thousands of dollars and in some … [Read more...]