News & Updates

Gold and the S&P 500 have had impressive starts to the year, each gaining around 17-18% in the first half of 2024. With both assets reaching record highs, you might be wondering which the smarter investment choice is. The good news? You don’t have to choose. A well-diversified investment portfolio typically includes a mix of stocks, bonds, and gold—often regarded as a "safe haven" asset. Currently, gold is trading at approximately $2,640 per troy ounce, up over 17% year-to-date and over 23% over the past 12 months. This surge is partly fueled by expectations of interest rate cuts and robust central bank purchases. While stocks have historically outperformed gold, there are notable exceptions. For instance, over the past 20 years, … [Read more...]

Coins were first used in the Iron Age kingdom of Lydia over two thousand years ago. While wedon't have specific records, it’s likely that the world’s first coin collectors emerged around thesame time. Coin collecting has historically been called the “Hobby of Kings” because onlyroyalty could afford to pursue it. Today, it’s known as “The King of Hobbies” because nowanyone can enjoy collecting coins.Coin collecting is a lifelong hobby, offering endless opportunities to find new treasures. With asmany ways to collect as there are collectors, the possibilities are vast. In the United States, coincollecting reached its height in the 1950s and '60s, when coin shops could be found in everyneighborhood. The market declined in the 1980s and '90s … [Read more...]

Gold and silver stacking refers to the practice of gradually accumulating physical gold or silver over time. Investors who engage in stacking usually store their metals securely on their property. Here are some common reasons why people choose to stack gold and silver: Inflation Hedge: Gold and silver are often seen as resistant to inflation, helping safeguard a portfolio's value during times of economic uncertainty. Tangible Asset: As physical, hard assets, gold and silver are not exposed to the counterparty risks that come with paper investments like stocks or bonds. Scarcity: Since gold and silver are finite resources and cannot be produced by governments, they tend to retain value better than fiat currencies. Hobby … [Read more...]

Sell us your gold and Rare Coins-we are buying American Rare Coin and Bullion is buying rare United States coins. We will, of course, buy as many coins as we can  to get our inventory heavy enough to make it to the next major show. This is the time of year that we reach out to our clients to buy rare coins more than any other! If you have coins or bullion that you have been considering selling, please give us a call. We are always interested in buying rare United States gold, silver and copper coins. If  you want or need to sell your coins – call us. We will pay strong premiums for coins certified by PCGS and NGC.  There are many other areas that we have focus in for individual collectors with specific wish … [Read more...]

From central banks to Costco customers, it seems everyone is buying gold these days. The price of spot gold reached $2493 per ounce on July 17 . Year on year, gold has been up as much as  28.5%. Central banks see gold as a long-term store of value and a safe haven during times of economic and international turmoil. Dollars are increasingly unappealing for central banks who want to decrease economic reliance on the US. Which is why they are raising their holdings in gold to all time highs. This brings us to what may be the best value in the gold coin market today. Pre 1933 $20 gold double eagles. These heavy 1 ounce coins have almost NO PREMIUM compared to their younger cousins (like Gold … [Read more...]

On November 7, 1973, US Senator James Fullbright introduced a very short bill - it was only ONE page - that didn’t even have a name. But Fullbright’s unnamed bill ended up being one of the most important pieces of legislation in US history. By the time Fullbright introduced his bill, it had been two years since the legendary “Nixon Shock” of 1971. That was when US President Richard Nixon implemented wage and price controls, and changed the US dollar’s convertibility into gold.Nixon famously promised the American public that there wouldn’t be any negative consequences fromhis actions. Yet inflation hit 3% the following year, in 1972. Then 4.7% in 1973. Then 11.2% in 1974.Simultaneously, gold prices around the world were surging… from … [Read more...]