Junk silver coins – broadly defined as silver coins whose value is based strictly on silver content – is a popular, and inexpensive way to buy silver. Junk silver coins basically consist of former legal tender coins that are no longer being produced. In the U.S., a large bulk of junk silver consists of half-dollars,…
5 Step Process for Minting Silver Coins
Ever wonder how pure silver (…or gold) is transformed into those shiny coins we all love? Creating silver bullion coins involves a 5-step process…during this process, strikers take special care to ensure purity, texture, weight and other important aspects of making a quality silver coin. Continue reading for a breakdown of this process. To see…
Rare Gold Coins Confiscated – Philadelphia Family Loses Court Battle with U.S. Treasury
$20 Double-Eagles from 1933 are rare indeed. A few years ago, one sold for an astounding $7.59 million! The reason they’re so rare is that only a few thousand were produced in 1933. That same year, President Franklin Roosevelt took the U.S. off the gold standard. Many of these coins were therefore confiscated since it…
Uncertainty Clouding Prospects for both the U.S. Economy and Gold/Silver Bullion
Uncertainty is certainly (…no pun intended) nothing new. It’s a persistent fact of life that’s been around in both good times and bad throughout the ages. But right now seems different – the economy in the U.S. and around the world can be characterized as ‘shaky’ at best. Unemployment in the U.S. is officially hovering…
Oregon Gas Station Accepting 90% Junk Silver as Payment
Much of the recent interest in precious metals like gold and silver stems from the effects of price inflation. Many people who buy coins like pre-’65 dimes, quarters and half dollars do so to protect themselves from the effects of this inflation – and to have a highly valuable medium of exchange in the event…
Looking for Gold, Silver Coins but Want to Know More About Them?
If you’re new to gold and silver investing, you probably would like to learn more about individual coins. Many places online simply extol the virtues of owning precious metals without giving much detail as to the specifications, suitability, designs and history of various bullion coins. If you’re looking for information like this in an easy-to-digest…
