Gold has been used for centuries as a monetary source and symbol of wealth as well as for decoration and jewelry. According to the National Mining Association, civilizations as far back as 4,000 B.C were using gold for decorative purposes. Over the next 2500 years gold was used as jewelry and buried with Pharaohs in […]
For those of you who are considering selling your gold coins, you should certainly do some research before immediately driving off to the first opportunity you see in a local advertisement for a company who is purchasing gold coins or gold bullion. Companies who purchase scrap gold, coins and bullion and advertise heavily spend a […]
The US Mint sells gold bullion coins wholesale only to recognized retail dealers and companies. Members of the public can then purchase their investment bullion coins from these private retail companies. However, numismatic (collectible) gold coins such as proofs, commemoratives, and uncirculated coins can be purchased directly from the US Mint, normally without quantity limits.
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So how much is a 14k gold ring worth? This is a question we get quite frequently and the best way to provide and answer is to give you some examples of 14k rings we have purchased recently. There are a few factors that will determine how much you will get when you are selling […]
The United States Mint first started producing gold coins in 1795 for use as legal-tender pieces. Formerly circulated US gold coins that were manufactured from 1795 to 1933 are now considered rare US Mint gold coins.
The reason pre 1933 gold coins are considered rare is that in 1933 President Roosevelt enacted the gold […]
This particular post is based on an inquiry I had from a young man that was interested in buying his first gold coin but was a little nervous at the beginning as he was buying it from an individual and not a well established dealer. If you are just getting started buying gold coins you […]
This year (2012) marks the 100th anniversary of the issuance of Canada’s first national gold coins, the Canada Five Dollars and the Canada Ten Dollars. Both coins were made with a gold content of .900 (one nine fine), with the Canada Five Dollars having a weight of 8.36 grams and the Canada Ten Dollars weighing […]
The Executive Order 6102 and gold confiscation act effectively seized all gold coin and bullion from citizens of the US in 1933, the history of order 6102 can be found below. Confiscation of personal value possessions sounds so outrageous today that ‘gold confiscation 2012’ is almost trending on twitter (well, not really, but people […]
When it comes to finding the best gold coins to buy you need some basic knowledge on the different types of gold coins available. With the price of gold as high as it is, even people who have never put any money into serious investments are buying gold. Inflation is eroding the value of currencies […]
With the price of gold on the rise over the last few years many people are asking how do I buy gold coins. There are many factors you should consider before you start buying gold coins, let’s have a look a few.
Many ‘financial experts’ are hopping on the precious metal bandwagon and according to […]