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The Sheldon Scale: A Comprehensive Guide for Grading Gold and Silver Coins

The Sheldon grading Scale is widely used by various entities within the numismatic community. Third-party grading services are arguably the most notable users of the Sheldon grading Scale. These independent organizations, including the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC), provide expert coin grading services to collectors and dealers worldwide.

Sheldon introduced his scale in the 1940s for the grading of early American cents, but the system’s usefulness quickly led to its adoption for all types of coins. The Sheldon Grading Scale effectively revolutionized the field of numismatics by providing a common language to describe a coin’s condition.

SEC Tightens Crackdowns on Crypto Exchanges as Federal Reserve Forces Banks to Adopt FedNow CBDC

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The Securities and Exchange Commission launched another attack on crypto exchanges Coinbase and Binance this week, a move that had been expected. Given the overlap with the timeline of the Federal Reserve forcing banks across the country to implement FedNow as part of the backbone of an ongoing effort to implement a central bank digital currency.

Understanding Silver Eagle Premiums

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The US Mint is one of the oldest continually operating minting operations in the world and all other mints use variants of the Mint’s processes. The Mint remains one of the world’s largest producer of coins today. Issues related to the production of bullion coins have led to huge increases in Silver Eagle premiums in recent years.

Many investors are looking to buy sovereign bullion coins from other mints. While many are still buying 1 oz silver eagles, some are concerned that the Mint suppliers are also making huge profits from the record high premiums caused by the shortages.

HSBC, Bank of Nova Scotia & Deutsche Bank Win Dismissal of Silver Price Manipulation Litigation

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The litigation began in 2014 with the government accusing the banks of being involved in a multi-bank trading conspiracy to manipulate the price of silver. On Monday, U.S. District Judge Valerie Caproni in Manhattan dismissed the case against HSBC and Bank of Nova Scotia. In 2016, Deutsche Bank settled with the government for $38M in … Read moreHSBC, Bank of Nova Scotia & Deutsche Bank Win Dismissal of Silver Price Manipulation Litigation

Why Many Investors Prefer Silver Over Gold

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More people are buying precious metals as a store of value to hold in lieu of cash.

There are a lot of reasons why silver is superior to gold, beyond the most obvious.

Although silver is up over 100% since the start of the pandemic, most believe there is much more upside potential with silver relative to it’s current value.

Zimbabwe Sells $14 Million in Gold-Backed Digital Tokens

Zimbabwe 1 oz gold coin

The token’s initial offering is backed by 140 kilogram gold bars that have been allocated from central bank reserves

The offering from Zimbabwe is causing a ruckus with the IMF that is reminiscent of the outrage posited against El Salvador when it established bitcoin as a legal currency and began issuing bitcoin bonds.