News & Updates

The New Heavy Weight Champion of the Coin World

A 1933 Double Eagle, America’s last gold coin struck for circulation, sold for a record-shattering $18.9m at auction in New York this month. The only 1933 Double Eagle ever allowed to be privately owned, was expected to pull in somewhere along the lines of $10m to $15m at the auction but sold for far beyond that. This double eagle represents the new pinnacle of price paid for a U.S. coin. It is the latest in a long line of million dollar plus rarities to trade hands this year.The numismatic market is as hot as it's ever been. There are many "sleeper" coins out there that have the potential to be one of these million dollar coins in the future. American Rare Coin is dedicated to building rare coin portfolios based on our clients goals. … [Read more...]

Rare Coin Market Update April, 2021

In our last update, we reported news of serval classic United Statesrarities trading in excess of the million dollars mark. Five of them from2-9 million. Very impressive to say the least. Although even moreremarkable; the buyer was a newb – He had never acquired a singlerare coin prior!This is a dead giveaway that the high-end rare coin market is as we sayin Texas “hot as blue blazes”. If these transactions are not enough toconvince, just look at the latest smash from a sale in Las Vegas lastmonth. An 1822 half eagle sold for hammer price of 8.4 million. Inaddition to these public sales, there have been numerous private treatydeals we have been privy to. These have ranged from 250k to beyond5 million for single coins.We feel like all areas … [Read more...]

Rare Coin Market 2021….The New Normal?

The market is in a new never before seen state change. The pandemic has all but ended major coin shows. There has not been a major show in over a year. This is a huge change in the way we buy coins for our customers. Auction houses have taken the spotlight in placing important rarities with collectors via online sales. This is not a totally new phenomena but it is gaining more and more traction. These sales are not always ideal for our customers since many of the coins are sold sight unseen. Not only sight unseen, but with no return policy. If you buy a coin, receive it, then realize it doesn’t fit the images and description seen on line, you have to keep it. Not the best scenario in our opinion. This is why it’s more important than … [Read more...]

Welcome to 2021

Happy New Years! Since Covid-19 came on the scene in the US, the price of gold has skyrocketed to almost $2,000 per ounce. The US dollar has fallen 9% since March, leading to a run on gold by those concerned about the future of the greenback. Since February, the nation has seen a $3 trillion increase on the Federal Reserve’s balance sheet, raising alarm bells for impending inflation as the economy opens up. With no viable solution in sight, demand for gold will continue to rise, boosting value and making it a portfolio necessity in 2021.  Biden’s win, combined with a possible divided government, is likely to create uncertainty around the size of future fiscal stimulus measures and a boon to safe haven assets like gold. Investors should … [Read more...]

Inflation Creating a Buy Gold Event

Mitch McConnell said Wednesday that “we need another rescue package,” and that he hopes one can be done “before the end of the year.   The democrats want a $2 trillion to $3 trillion stimulus package. Any McConnell-approved plan would be less than what a Democratic-led Senate would endorse, but markets still expect it to be significant. This is on top of $4 trillion the Fed printed and handed out earlier this year. Keep in mind this is only the United States we are discussing, There are many other governments around the globe doing the same. The outcome has no choice except to cause inflation. When inflation rises, the value of currency goes down and people tend to hold money in the form of gold.  In times when inflation remains high … [Read more...]

United States Mint Press Release

Join us in recognizing the work of U.S. Mint Medallic Artist Michael Gaudioso. A graduate of The University of the Arts and New York Academy of Art, Michael executed the sculpts required to produce numerous coins & medals including the reverse of the 2021 American Eagle Silver Coin . Watch for the pre-release coming soon from American Rare Coin. … [Read more...]

Inflation and Gold

When inflation rises, the value of currency goes down and people tend to hold money in the form of gold.  In times when inflation remains high over a longer period, gold becomes a tool to hedge against inflationary conditions. This pushes gold prices higher in the inflationary period. Do we have, or expect to have, inflation? Take a look at what inflation really is. According to Wikipedia – “inflation is a sustained increase in the general price level of goods and services in an economy over a period of time”. This is generally caused by the devalue of currency.  The more of a product there is, the less it’s worth. In this case the product is the US dollar.  During the onset of covid 19 pandemic there was a 2 trillion … [Read more...]

Still a Buyer’s Market for Gold?

We have seen some unprecedented events around the globe over the past few weeks. Including “lock down” of 75 million United States citizens. Italy says Army will help enforce lockdown, effectively declaring martial law; might extend lockdown through early May. US, Mexico agree to shut southern border. These are just a few headlines that are plastered around news sites. This type of reporting is what we would definitely consider “geo-turmoil.” With the scary headlines there are some good news mixed in. It seems that there is a drug cocktail that is knocking the covid-19 virus back with some success. Hydroxychloroquine is the name of part of it. In an effort to support global response, the drug company Novartis, will donate up to 130 … [Read more...]

Three Pieces of a Balanced Metals Portfolio

Bullion coins Gold, Silver, & Platinum Bullion coins come in several sizes. They range from less than a tenth of an ounce to whole ounces. These coins are normally legal tender with a face value. The face value is largely symbolic. Bullion coins are almost always valued higher than their face value or denomination. Example: The Silver American Eagle has a $1 denomination but the content of the silver has been more than $19 for months at the time we are writing this. Bullion coins trade very close to the value of the metals that they contain. They could serve as means to barter if other forms of currency fail. 2. Semi Numismatic Coins - Pre 1933 United States Coin Semi numismatic coinage are US coins that have a small … [Read more...]

A Buyers’ Market for Rare Coins & Precious Metals.

In the 30 plus years I have been a professional rare coin dealer, only two things have remained constant. The market is cyclical.Long-term rare coins rise in value. In the early 1990s, according to some of the so-called experts, the rare coin market along with precious metals was over. Premiums were gone. Gold and silver were dogs. There was chatter that no one would ever buy another rare coin to attempt profit, for wealth preservation, or to transfer wealth to future generations. This, of course, all turned out to be hogwash. We have seen coins go from that point to record highs. Then we saw premiums on some coins slip to the point where we are now. The fact is, we are overdue for the next true bull market in rare … [Read more...]

American Rare Coin and Bullion