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. …
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 …
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 …
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 …
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 …
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.
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, …
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 …
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: …
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 …
American Rare Coin and Bullion is buying rare United States coins. We will, of course, buy as many coins as we can this summer 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 …
The long-term price trend for gold, silver, and platinum has been steadily upward with short-term ups and downs. Gold increased by $340.70/ounce over the past 12 months. What investors should be looking at is the steady upward trend over months and years. This “steady-upward trend” is what should matter to investors who want to diversify their …
