Canadian Silver Maple Leaf

The Canadian Silver Maple Leaf is a one troy ounce (31.1 g of silver) silver bullion coin minted by the Royal Canadian Mint. The silver bullion coins have been issued yearly since 1988. While the U.S. Silver Eagle bears a face value of only $1, the Canadian bullion Silver Maple Leaf shows $5. Regardless of the face value however the coin contains one troy ounce of pure silver making it very unlikely that it will ever trade at face value. Personally I think the practice of placing a face value on these bullion coins is a bit odd. What is the purpose of a face value on a coin other than to reflect, or at least be an index of, its market value? But that is how it is, and it is interesting to note that Canada puts a much higher face value on their silver ounce coins than does the U.S. Canadian...

Barber Quarter History & Information

Barber Quarter 1892–1916 The Barber quarter was designed by Charles E. Barber and first minted in 1892. Barber was Chief Engraver of the U.S. Mint at that time. The Barber quarter was minted of 90% silver and 10% copper and used the same design as the half dollar and dime (Barber Dime). The Barber dime displays Lady Liberty on the obverse with a Phrygian cap encircled with a laurel wreath and a ribbon. The inscription on the headband reads “LIBERTY”. The reverse was a very simple design consisting of a wreath around the words “One Dime”. Mint marks, if present, appear at the bottom below the ribbon that ties the wreath. 1901 Barber Quarter Barber quarters were widely circulated yet one is more likely to find a higher grade example than they are a rare date. Some Barber quarter date...

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...

Silver American Eagles Hit Record High Sales In January 2013

January of 2013 saw a small growth in the value of silver, around 3.7%. During the same period gold actually dropped by 0.8% but analysts seem to agree that gold will see a steady rise overall. Today silver is at $31.78. You can buy one dollar face value of circulated 90% silver US coins for around $30 including postage. How much you might spend will depend upon where and how you make your purchase as well as your level of knowledge on the subject. But, at the time of this writing I can easily find junk silver coins for that price range even when buying very small quantities at a time. Those who know little about coins and precious metals but who are interested in the idea of collecting are likely to fall victim to the highly over priced “collectable” coins seen in some markets....

Silver Spot Value Up Over 200%

Last summer the spot price of silver was floating around $17.00 to $18.00 per ounce. I knew without doubt that silver was headed for a dramatic rise and so I tried to encourage people to invest in it if they were able. Now I think that there may be some folks out there who are regretting that they didn’t take advantage of this opportunity. Today, less than a year later, silver is about $38.00 which is about a 210% increase! Will silver continue to go up? I believe that it will. My own opinion is that silver will pass the $100 per ounce mark in the near future. When? I can only guess but I believe it will be sooner rather than later and would not be surprised to see it within a year. You hear a lot about gold, especially if you watch television news. But could gold give you a 210% increase?...

Collecting British Silver Coins

Collecting old British silver coins can be a great start to any coin collection. These coins are great in many ways – You can learn their history, the coins are collectible and you are also building up a stash of silver. Coin collecting is also an extremely enjoyable hobby that can be enjoyed by the whole family! Of course it stands to reason that the older the coins the more expensive they are going to be to collect. However this hobby is to be enjoyed by everyone and can be done “on the cheap”. If you mainly concentrate on silver coins/shillings from the 1900’s you will easily build your collection. Don’t forget that other people are also into this hobby as well and so as you upgrade your collection you can sell off your surplus coins and make some extra money to put towards...

US Commemorative Coins 2009 – 2010

2009 Two commemorative coins were issued for 2009, honoring two very important men; Abraham Lincoln and Louis Braille. Lincoln, as our sixteenth President, led the country during one of its darkest periods, the War Between the States. Louis Braille, a man from France who developed the Braille method of reading and writing for the visually impaired. Abraham Lincoln is honored with a commemorative silver dollar coin. The coin is made up of 90% silver, balanced by copper. The obverse has an engraving of President Lincoln, rendering him as if he were deep in thought. The reverse has an excerpt from Lincoln’s Gettysburg address. (500,000 minted) Abraham Lincoln Commemorative Silver Dollar The 200th anniversary of the birth of Louis Braille is marked by a silver dollar coin that has readable...