Gold Eagle Price

In 1966, World Future Society magazine forecast that “credit cards will virtually eliminate currency by 1986.” A Sept. 26 Professional Numismatic Guild online post was quick to point out that “the recent hurricanes that hit Texas, Florida, and Puerto Rico showed what happens when electrical power is knocked out to ATM machines and there are widespread mobile phone and wifi service outages leaving storm victims with no quick access to cash or cyber currency.” And, what about former U.S. Federal Reserve Chairman Allen Greenspan’s statement, “If in the words of British economist John Maynard Keynes, gold were a ‘barbarous relic?’ Central bankers around the world would not have so much of an asset whose rate of return, including storage costs, is negative.” Are we heading for a time when coins and bank notes will be archaeological curiosities? A 2013 MasterCard survey indicated that about 90 percent of consumer payments value in Canada were transacted using non-cash instruments. A Ma...

Precious metals declined Wednesday, led by silver which marked its lowest close in sixteen weeks. Gold, meanwhile, dropped from a more than one-week high. Gold for February delivery -- the new, most... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The United States Mint released one product last week, a circulating coin set of 10 quarters with five of them from Denver and the other five from Philadelphia. It scored early sales of 12,972 for... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The U.S. Mint will begin accepting orders for the 2017 America the Beautiful 5-ounce silver Uncirculated coin honoring George Rogers Clark National Historical Park ( product code 17AN ) on December 5 at noon Eastern Time (ET). Hover to zoom. The America the Beautiful 5-ounce silver Uncirculated coins replicate the designs featured on the Mint’s ATB quarters. This coin’s reverse depicts George Rogers Clark leading his men through the flooded plains approaching Fort Sackville. Inscriptions are GEORGE ROGERS CLARK , INDIANA , 2017 , and E PLURIBUS UNUM . The obverse (heads) design features the 1932 restored portrait of George Washington by John Flanagan. Struck in .999 fine silver at the Philadelphia Mint, the coin is three inches in diameter and weighs 5 troy ounces. It is encapsulated and accompanied by a certificate of authenticity. Pricing for this coin is set at $149.95. However, as with all Mint products containing precious metals, this price is subject to change. ...

With the end of the year approaching, collectors are starting to focus eagle eyes on Mint products that will go off sale during the month of December. Are any of them worth buying because of low mintages? I have had several emails from readers expressing a high level of interest in the First Spouse gold coins that are currently being offered. There is no question that mintages are low, low, low. What is in doubt is whether there are enough collectors committed to this expensive series to balance the supply. For the most part, few people can afford to buy a series of half-ounce gold coins. There are 78 First Spouse gold coins in a set, 39 proofs and 39 uncirculateds. That is 39 ounces of gold. Melt value is $50,310 with gold trading at $1,290 an ounce. If you want to buy the coins that are still being offered by the Mint, you will have to pay $820 for an uncirculated and $840 for a proof. That is $1,660, which is nearly a 29 percent markup from melt value. Definitely, this is...

By Dr. R.S. “Bart” Bartanowicz It was time for a numismatic diversion. Our numismatist decided to work on his 2010-2021 America the Beautiful set. His modus operandi was to pick up a roll of quarters from the bank and see what there was that he could use in his collection. It didn’t cost him anything as he would spend what he didn’t need. He liked this as it took him back to the good old days of the 1950s when he routinely found Buffalo nickels and Mercury dimes in circulation. While the ATB coins were not scarce, it was still fun looking for them. He walked into his favorite bank and chatted with the teller before asking for a roll of quarters. The teller informed him that she had two rolls that someone had brought in as well as other rolls that they just received through the bank system. “I know you go through the quarters looking for old and new coins,” she said. “I thought I would let you know what we have.” This was an interesting choice. Hand-rolled coins brought in by a cu...

Tomorrow, i.e. 30 th November 2017, we will be celebrating the 100th birthday of One Rupee note! Rupee as a denomination was known in India since ancient period, but its significance was noticed in the later medieval era. It was the time when India saw the most interesting changes on its administrative and political platforms. The distance between east and west was reduced through trade, Europeans like Portuguese and French came to India. Their influence is visible through their legacy in architecture, food and the monetary system that they left behind. So come, let’s explore the glorious journey of the One Rupee notes of the Portuguese and French. The British were not the only foreign power to issue paper money in India. The notes printed by France and Portugal were quite fascinating, especially that of the smallest denomination, one rupee note. The Indo-Portuguese One rupee note In 1498, the Portuguese were the first Europeans to land on the Indian shores. They remained in pow...