Over the past ten years, a number of U.S. states that didn’t already exempt gold and silver bullion from sales tax are coming to their senses.
This coming Friday, February 16th, marks the beginning of the Chinese Lunar New Year. The occasion signals the end of the Year of the Rooster and the start of the Year of Dog in 2018. It is a time of celebration for many cultures around the world. Accordingly, the Lunar New Year is often seen […]
When it comes to using new designs on American coins, the United States Mint is known for having a conservative approach. The evidence is obvious: Most U.S. coin designs don’t change with any frequency. The Roosevelt dime, for instance, has remained unchanged since it first appeared in 1946. The Jefferson nickel (1938) and Washington quarter […]
No matter how much central banks and politicians would like us to forget, the long track record of gold and silver as honest money in unmatched by any fiat currency. Let me emphasize: any fiat currency ever. In all of human history!
Efforts to recycle trash are rarely controversial today, but the U.S. Treasury Department has found itself in this uncommon situation over the past few years. The problem centered around the United States Mint’s mutilated coin redemption program.
Suffice it to say collectors have not been thrilled with many of the recent commemorative coin designs being supplied by the United States Mint. Early indications are that next year’s 2018 World War I commemorative silver dollars are also garnering less than enthusiastic reviews.
Gold and silver are often associated with the festive decorations that accompany the Christmas season. The luster and sparkle of precious metals fit in well amid all of the ornaments, snowfall, colorful lights, and red-and-green stockings that abound this time of year. However, a uniquely dazzling Christmas tree display made entirely of gold is bringing […]
There is no more famous South African coin than the Krugerrand. The iconic gold bullion coin is celebrating its 50th anniversary this year.
A retirement home in South Africa recently received what appeared to be a package of nutritional drinks. There was nothing particularly exciting about this routine development—until employees at the facility discovered something hidden beneath the drinks. In a box underneath the snacks, they were astonished to find a huge cache of gold coins!
Every three months, the coin collecting community anticipates with great excitement the release of the U.S. Mint’s new America the Beautiful (ATB) coin design. These designs, which celebrate the country’s historic sites and national parks, don’t only appear on circulating quarters but are also used for popular five-ounce silver bullion coins. The level of anticipation […]
It’s intriguing for coin collectors to discover how error coins come to be. Government mints are pretty orderly operations, and have not just a number of anti-counterfeiting measures in place but also an array quality control features to keep such “defective” coins from making it out of the mint. Another such error coin has apparently been […]
In the case of a bizarre but successful heist of one of the world’s two largest gold coins, it appears that authorities are finally closing in on solving the crime.
The roll-out of the Royal Mint’s new £1 coins has not been without its hiccups. The country’s first dodecagonal (12-sided) coins, which are also bimetalic, offer consumers a slew of new anti-counterfeiting features. However, the introduction of this new design naturally means that something must be done with the old £1 coins.
The Perth Mint is known for transforming Western Australia’s abundance of natural resources into fantastic coins and collectibles, and now the world-renowned mint has introduced its most ambitious bullion collection yet.
Canada’s signature $1 coin design turns 30 years old this year, and the country is keen on celebrating this anniversary of perhaps the most beloved coin in Canada.
There is a problem that has been hanging over the American coinage system like a dark pall for about the past decade. With each passing year, the scale of the problem grows worse, but philosophical traditions and interest groups have made resolving the issue a challenge for Congress. Now, two pieces of legislation aim to […]
For the first few months since the newly designed £1 coins made their debut in the United Kingdom, people have been noticing that something is wrong with a small amount of their pocket change.
Back in 2007, the Royal Canadian Mint wowed the numismatic community (and much of the world) when it issued a special “Big Maple Leaf”—a real legal tender gold coin of unmatched girth and purity. Weighing in at 100 kilograms—a staggering 32,150 troy ounces!—and struck from ultra-pure “five-nines” gold, the coin is .99999 fine (or 99.999% […]
The numismatic world was treated to the discovery of a new rare variety coin early in 2017 when it was discovered that the U.S. Mint struck a very small number of its flagship American Silver Eagle coins at the Philadelphia Mint beginning in 2015. These coins do not bear a mintmark that identifies where they […]
For several years, one of the least controversial criticisms of the way the Treasury Department operates has been the need for a major coinage reform. For each of the last 11 years, Treasury has been subsidizing production of the one-cent penny and the five-cent nickel, both of which actually cost more to manufacture than they […]