Don’t Get Ripped Off By Silver and Gold Con Men!

Silver and gold are wise additions to your portfolio. Old timers tell us not to put “all our eggs into one basket.” They advise us to diversify and not to “count our chickens before they hatch.” There is generally no disagreement that precious metals should be a part of your portfolio, however, there is a wide range of opinion on how much your portfolio should consist of and of what form. One analyst/adviser may recommend 10% while another may urge 80% or even higher. In fact there are those who say that your portfolio should consist entirely of gold and/or silver. “How much precious metals should be included in your portfolio?” is an important question but is beyond the scope of this article. Today I am writing to warn prospective precious metals buyers...

St. Gaudens Double Eagle

1907 – 1933 The St. Gaudens Double Eagle was minted from 1907 to 1933 (During the years 1917 through 1919 no Double Eagles were minted). These massive $20 face value gold coins contain slightly more than 30 grams of gold. But its more than the gold content in these beauties that determine their value. Each one is a peice of history with some dates being more hard to find than others. Augustus St. Gaudens came up with a classic design when he was given the task of designing the Gold Double Eagle. Even today the St. Gaudens design is widely recognized and is in fact being used on the American Gold and Silver Eagles. Sadly this designer died shortly after he completed the Double Eagle and the Indian Eagle. St. Gaudens Double Eagle Some 1907 and 1908 dated Double Eagles were produced without...

US Commemorative Coins 2007 – 2008

2007 The Virginia Company of London, England landed on the shores of what would be the United States of America in 1607.  These would be the first English settlers in the New World. The 400th anniversary of their settlement, Jamestown (named for King James of England) was honored with two commemorative coins. The silver dollar coin has on its obverse an engraving of three faces representing diversity of the different cultures brought together in the New World. On its reverse there is the image of the three ships that brought the English Virginia Company to North America; The Susan Constant, Godspeed, and the Discovery. (500,000 minted) It is 90% silver and 10% copper. Jamestown Commemorative Silver Dollar The five dollar gold coin has on its obverse the legendary Captain John Smith meeting...

American Gold Eagle

The first American Gold Eagle was struck by the U.S. Mint in 1986. The Gold Eagle is minted in 1/10th, 1/4, 1/2 and 1 ounce denominations. The face value of the coins are $5, $25, $50 and $100 respectively. Although the American Gold Eagle is a legal tender coin of the United States it is not circulated nor is it available at face value. At the time of this writing the prices for new coins are around; 1/10th $110, 1/4 $225, 1/2 $450 and 1 ounce $900, but as the gold price rises so do these coins. Just like it is with other coins the American Gold Eagle also appreciates in value because of its collectability. Older dated Gold Eagles often sell at much higher rates. American Gold Eagle When you are considering an investment one of the most important considerations is its liquidity. Liquidity...

Investing In Rare Gold And Silver Coins

Anyone wanting a relatively safe and fun way to invest their money may want to consider joining the growing rare gold and silver coin collector’s market. Due to the increasing number of people starting their own collection, the lower rates of interest, the decreasing value of the dollar and the daily changes in the stock market, the coin market is exploding. That combined with the shrinking supply of available coins has resulted in the value of both gold and silver coins experiencing a continued growth. There are many additional benefits to beginning coin collecting. Since neither gold nor silver can be duplicated or manufactured by humans, so their value remains constant, which is very reassuring to investors. Another appealing benefit is that because gold and silver are legal tender, they...

US Commemorative Coins 2006

Benjamin Franklin Commemorative Dollar One of this country’s greatest scientists and philosophers was Benjamin Franklin. He was a strong force leading the American Revolution and invented many things. The United States mint commemorated him with two silver dollar coins issued in 2006, honoring the 300th anniversary of his birth. One coin shows him for the scientist that he was, while the other honors his place as an instrumental leader in our country’s independence. The first coin shows an engraving of Franklin with his kite experimenting with electricity on the obverse, while the reverse has the “Join or Die” cartoon that Franklin published in the Pennsylvania Gazette May 9, 1754. (250,000 minted) The second coin shows a simple portrait of him on the obverse, while...

US Commemorative Coins 2002 – 2003

2002 Winter Olympic Games Five Dollar Gold Two coins were issued by the U.S. Mint for the 2002 Salt Lake Winter Olympic Games. The five dollar coin is 90% gold and 10% alloy and has the crystal emblem of the 2002 Winter Olympic Games over the beautiful design entitled “Rhythm of the Land” on it’s obverse. The reverse has the Olympic flame on top of a cauldron. (80,000 made) The silver dollar coin is comprised of 90% silver and 10% alloy. On the obverse it portrays the Crystal Emblem as well as the classic Olympic rings and the “Rhythm of the Land” design. It’s reverse has the beautiful Rocky Mountains in the backdrop, superimposed by the Salt Lake City skyline. (400,000 made) The bicentennial of West Point Military Academy was commemorated with a silver dollar...