US Mint 2024 Numismatic Product Schedule

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The United States Mint has released the preliminary schedule of the 2024 mintage year numismatic products with the anticipated dates of availability. This list is updated as detailed product information becomes available.

All dates and prices are subject to change by the United States Mint and some on-sale dates may experience delays without prior notice due to limited resources. Additional products may be added to the schedule at any time and updates will be posted as they become available.

Release DateProduct
January 4, 2024Commemorative Coin Program
Harriet Tubman 2024
– Proof Five-Dollar Gold Coin (24CJ)
– Proof Half Dollar (24CN)
– Proof Silver Dollar Coin (24CL)
– Three-Coin Proof Set (24CR)
– Uncirculated Five-Dollar Gold Coin (24CK)
– Uncirculated Half Dollar (24CP)
– Uncirculated Silver Dollar Coin (24CM)
January 16, 2024American Eagle 2024 One Ounce Silver Proof Coin (24EA)
– Congratulations Set 2024 (24RF)
January 25, 2024American Innovation® $1 Coin Program
– 2024 Rolls and Bags – Illinois (24GBA, 24GBE, 24GRA, 24GRE)
January 29, 2024Native American $1 Coins
– 2024 Rolls, Bags and Boxes (24NA, 24NB, 24NC, 24ND, 24NE, 24NF)
February 01, 2024American Women Quarters 2024 Rolls and Bags – Rev. Dr. Pauli Murray (24WBA, 24WBB, 24WRA, 24WRB)
February 06, 2024Rutherford B. Hayes Presidential Silver Medal (S819)
February 08, 2024First Amendment to the United States Constitution
– 2024 Platinum Proof Coin – Right to Assemble
February 08, 2024Liberty & Britannia Gold CoinLiberty & Britannia Gold Coin (24YA)
February 08, 2024Liberty & Britannia Silver Medal (24YB)
February 13, 2024 Rutherford B. Hayes Presidential Silver Medal (S819)
February 15, 2024First Amendment to the United States Constitution 2024 Platinum Proof Coin – Right to Assemble (24EJ)
February 27, 2024American Women Quarters 2024 Proof Set (24WP)
February 29, 2024Greatest Generation 2024 Proof Five-Dollar Gold Coin (24CA)
February 29, 2024
Greatest Generation 2024 Proof Half Dollar (24CE)
February 29, 2024Greatest Generation 2024 Proof Silver Dollar (24CC)
February 29, 2024 Greatest Generation 2024 Three-Coin Proof Set (24CG)
February 29, 2024
Greatest Generation 2024 Uncirculated Five-Dollar Gold Coin (24CB)
February 29, 2024Greatest Generation 2024 Uncirculated Half Dollar (24CF)
February 29, 2024Greatest Generation 2024 Uncirculated Silver Dollar (24CD)
March 14, 2024Proof Set 2024 (24RG)
March 28, 2024American Women Quarters 2024 Rolls and Bags – Patsy Takemoto Mink (24WBC, 24WBD, 24WRC, 24WRD)
April 02, 2024American Women Quarters 2024 Silver Proof Set (24WS)
April 08, 2024American Innovation $1 Coin 2024 Rolls and Bags – AlabamaAmerican Innovation $1 Coin 2024 Rolls and Bags – Alabama (24GBB, 24GBF, 24GRB, 24GRF)
April 23, 2024Silver Proof Set 2024 (24RH)
April 30, 2024James Garfield Presidential Silver Medal (S820)
May 02, 2024
American Eagle 2024 Gold Proof Four-Coin Set (24EF)
May 02, 2024
American Eagle 2024 One-Half Ounce Gold Proof Coin (24EC)
May 02, 2024 American Eagle 2024 One Ounce Gold Proof Coin (24EB)
May 02, 2024American Eagle 2024 One-Quarter Ounce Gold Proof Coin (24ED)
May 02, 2024American Eagle 2024 One-Tenth Ounce Gold Proof Coin (24EE)
May 07, 2024Kennedy 2024 Half Dollar 200-Coin Bag (24KA)
May 07, 2024Kennedy 2024 Half Dollar 2-Roll Set (24KB)
May 15, 2024U.S. Army One-Ounce Silver Medal (SAR1)
May 16, 2024American Innovation $1 Coin 2024 Rolls and Bags – Maine (24GRG)
May 23, 2024American Buffalo 2024 One Ounce Gold Proof Coin (24EL)
Summer 2024
American Eagle 2024 One Ounce Gold Uncirculated Coin (24EH)
Summer 2024American Eagle 2024 One Ounce Silver Proof Coin (24EM)
Summer 2024American Eagle 2024 One Ounce Silver Uncirculated Coin (24EG)
Summer 2024American Innovation $1 Coin 2024 Proof Set (24GA)
Summer 2024American Innovation 2024 Rolls and Bags – Missouri (24GBD, 24GBH, 24GRD, 24GRH)
Summer 2024American Women Quarters 2024 Ornaments (24WO1, 24WO2, 24WO3, 24WO4, 24WO5)
Summer 2024American Women Quarters 2024 Rolls and Bags – Celia Cruz (24WBG, 24WBH, 24WRG, 24WRH)
Summer 2024American Women Quarters 2024 Rolls and Bags – Dr. Mary Edwards Walker (24WBE, 24WBF, 24WRE, 24WRF)
Summer 2024Chester Arthur Presidential Silver Medal (S821)
Summer 2024
Morgan Dollar 2024 Uncirculated Coin (24XE)
Summer 2024Peace Dollar 2024 Uncirculated Coin (24XH)
Summer 2024Uncirculated Coin Set 2024 (24RJ)
FALL 2024230th Anniversary Flowing Hair Gold Coin (24YG)
FALL 2024230th Anniversary Flowing Hair Silver Medal (24YH)
FALL 2024
American Eagle 2024 One Ounce Palladium Proof Coin (24EK)
FALL 2024American Innovation $1 Coin 2024 Reverse Proof Set (24GC)
FALL 2024American Women Quarters 2024 Rolls and Bags – Zitkala-Sa (24WBJ, 24WBK, 24WRJ, 24WRK)
FALL 2024
Grover Cleveland Presidential Silver Medal (S822)
FALL 2024
Limited Edition 2024 Silver Proof Set (24RC)
FALL 2024Mighty Minters 2024 Ornament (24XT)
FALL 2024Morgan Dollar 2024 Proof Coin (24XF)
FALL 2024Morgan & Peace Dollar 2024 Two-Coin Reverse Proof Set (24XS)
FALL 2024Peace Dollar 2024 Proof Coin (24XL)
FALL 2024United States Mint 2024 Ornament (24XU)

More details and further dates can be found at the US Mint Website

Cashing Out with Old Coins

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Finding a box of old coins in the attic can be an exciting discovery, but deciding when and how to sell them can be a complex process. Whether you’re a novice or a seasoned coin collector, it’s crucial to understand the market dynamics and have a strategy in place for divestment. This guide provides insights into the best practices for selling your coins, from research and valuation to finding the right buyers and understanding tax implications.

The Changing Composition of U.S. Coins

During the 1960s, the U.S. Mint transitioned from minting coins with a 90% silver alloy to the nickel-clad copper compositions we are familiar with today. These coins, including dimes, quarters, and half-dollars, hold significant value not just for their silver content but also for their potential numismatic worth.

As the new coins were put into circulation, many people hoarded the old coins for the intrinsic value of the silver.

Steps to Take Before Selling Your Coins

1. Sort and Catalog Your Collection

Organization:

  • Begin by sorting and cataloging your coin collection. Many collectors will organize the coins by denomination, country of origin, and year and will use a spreadsheet to make it easy to sort and organize and provides a way to take notes of any unique traits or properties.

Research Resources:

  • Utilize coin guides and price guides commonly referenced in coin stores, pawn shops, and by coin dealers. There are various coin reference books and price guides, such as the “Red Book”, a Guidebook of United States Coins, that are frequently used by local coin stores, pawn shops and other coin dealers as reference guides.
  • Online resources, such as Numista.com, can provide additional insights into a coin’s history, mintages, composition, circulation and other worthwhile information.
  • Invest in numismatic books and catalogs focused on the specific type or era of coins you’re interested in. These often contain historical information, mintages, and pricing data.
  • Websites like Numista, PCGS, NGC, and FindBullionPrices.com offer extensive databases to help identify and value your coins.
  • Join numismatic forums like Coin Community Forum and Collectors Universe to ask questions, share photos, and learn from experienced collectors.
  • Attend local coin shows and coin club meetings to network with other collectors and gain insights from experts.

2. Determine Coin Values

Condition and Grading:

  • Understand that a coin’s condition (graded on a scale from poor to mint state) significantly impacts its value.
  • For rare or valuable coins, consider getting a professional appraisal from a reputable coin dealer or numismatist.

Finding the Right Buyers

1. Local Coin Shops and Dealers

  • Visit local coin shops or contact coin dealers who specialize in your type of coins. They can provide offers based on their expertise.
  • Establish relationships with reputable dealers for ongoing insights and potential future sales.

2. Online Marketplaces and Auctions

  • Platforms like eBay, Heritage Auctions, and GreatCollections allow you to list your coins for sale. Be prepared to handle shipping and potential fees.
  • Online forums and communities, such as those on Reddit or CoinTalk, can be places to connect with potential buyers or get advice on selling.

3. Coin Shows and Auctions

  • Attend coin shows in your area where you can meet dealers and collectors interested in your coins. Understand the current market value to set realistic expectations.
  • Consider consigning your coins to reputable auction houses that specialize in rare coins. The consignee will evaluate, grade, and market your coins through various channels.

Tax Implications

1. Understanding Capital Gains Tax

  • The sale of collectibles, including coins, may be subject to capital gains tax. This tax is typically calculated on the profit made from selling the coins.
  • Factors such as the holding period (short-term vs. long-term gains) and your overall income can affect the tax rate.

2. Reporting and Documentation

  • Accurate record-keeping is crucial. Dealers may be required to report significant transactions to the IRS.
  • Consult a tax professional to understand your specific obligations and any exemptions that might apply based on local tax laws.

3. Professional Advice

  • Given the complexity of tax laws related to collectibles, it’s advisable to consult with a tax professional or accountant who specializes in these matters.
  • For substantial collections or high-value coins, consider consulting with a professional coin broker or auction house to navigate the selling process effectively.

Melting of old silver coins is legal, and over the years many of the old 90% silver coins have been melted down and refined into other forms.

Many old coins can also have numismatic value to collectors. If you find an old box of coins in the attic, it is a good idea to do so research about the coins you have to give you an idea of the value.

Begin by sorting and cataloging your coin collection. Organize the coins by denomination, country of origin, and year. Many collectors will make use of spreadsheet that can make it easy to sort and organize and allows you to take notes of any unique traits or properties.

Research Your Coins

Research the coins you have using books, online resources, or professional coin appraisers. Look for information on coin values, rarity, and historical significance.

Invest in numismatic books and catalogs that focus on the specific type or era of coins you’re interested in. These books often contain historical information, mintages, and pricing data. The “Red Book”, officially titled A Guidebook of United States Coins is available from Amazon is one of the most widely used reference books by coin collectors and numismatists and provides detailed information and price estimates for thousands of different coins.

Numismatic forums like Coin Community Forum and Collectors Universe are excellent places to ask questions, share photos, and learn from experienced collectors.

Attending local coin shows and coin club meetings can help you meet other collectors who share a similar passion for collecting. These events are excellent opportunities to meet knowledgeable collectors, dealers, and experts who can provide information and guidance.

Websites like FindBullionPrices.com, Numista, PCGS, and NGC can be valuable resources providing databases of coins from around the world. You can search by country, type, year, and denomination to find information about your coin.

Once you’ve identified your coins, determine their approximate value. Keep in mind that a coin’s condition (graded on a scale from poor to mint state) has a significant impact on its worth.

Establish relationships with reputable coin dealers. They can offer insights, appraisals, and information about the coins in their inventory.

For rare or valuable coins, consider getting a professional appraisal from a reputable coin dealer or numismatist. They can provide you with a more accurate assessment of your coin’s value.

Sell Old Coins

Visit local coin shops or contact coin dealers who specialize in your type of coins. They can provide offers based on their expertise.

Websites like eBay, Heritage Auctions, and GreatCollections allow you to list your coins for sale. Be prepared to handle shipping and potential fees.

Attend coin shows in your area where you can meet dealers and collectors who might be interested in your coins. Understand that dealers at the show will be knowledgeable about coin values, so be realistic in your expectations and have some prior understanding of the current market value of your coins.

Consider consigning your coins to reputable auction houses that specialize in rare coins. The consignee may evaluate and grade your coins to determine their condition and market value. This assessment helps in setting appropriate prices and descriptions. The consignee will market your coins through various channels, such as auctions, online listings, or direct sales to collectors and investors.

Online forums and communities, such as those on Reddit or CoinTalk, can be places to connect with potential buyers or get advice on selling.

When selling your coins, set a reasonable and competitive price based on their condition and market demand. Research recent sales of similar coins to gauge their market value.

Tax Implications:

Depending on your location and the value of the coins and the profits generated from the sale, there may be tax implications for selling. Consult a tax professional to understand your obligations.

In some states, the sale of collectibles, including old and rare coins is subject to capital gains tax. Capital gains tax is typically calculated on the profit you make from selling the coins. The tax rate may vary depending on factors such as how long you held the coins (short-term vs. long-term gains) and your overall income.

You may be required to report the sale of collectible coins to tax authorities, even if you don’t owe capital gains tax. Dealers may be required to report the sale of valuable coins to the IRS, depending on the amount of the transaction. Accurate record-keeping is crucial, as tax authorities may require documentation of the sale.

Some states have exemptions or thresholds for the taxation of collectibles. For example, some states might have a minimum profit amount below which capital gains tax doesn’t apply. Be sure to consult with a tax advisor regarding your local tax laws for any exemptions that might apply.

Given the complexity of tax laws and regulations related to collectibles, including coins, it’s advisable to consult with a tax professional or accountant who specializes in these matters. They can provide guidance on your specific situation and help you understand your tax obligations.

If you have a substantial collection or are dealing with high-value coins, consider consulting with a professional coin broker or auction house to help you navigate the selling process.

Remember that selling coins can take time, and finding the right buyer at the right price may require patience. Be cautious of scams or deals that seem too good to be true, and prioritize safety when meeting buyers in person.

Understanding Investment Grade Gold Coins

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vintage gold coins

While ETFs like SLV and GLD may help balance out your stock portfolio, the crypto markets continue to raise anxiety for investors, tucking away some gold coins in a discrete location can give you financial security and peace of mind. Gold Coins are an investment that you want to hold and it’s a wise idea to have a stack.

A key concept to understand is that gold ownership is a store of wealth. When you buy coins minted of precious metals you are transferring your hard-earned fiat currency into a physical asset. The value of gold is driven by the commodities markets, central bank buying and its innovative use by industry.

Which Gold Coin is Ideal for Stacking?

All major gold bullion coins that are manufacturered by government backed mints are widely recognized worldwide. While the full one troy ounce of gold coin is the most popular, various fractional ounce sizes are available for investors of all budgets.

The allure and luster of pure 24k gold is part of what draws investors to some coins. They prefer the beauty, color and the way pure gold reflects light.

Other investors have a preference for stacking coins that are more practical and made for the rigors of circulating in the economy. Modern and vintage 22k gold coins contain an alloy that incorporates other metals for durability and scratch resistance when handling.

The prestigious 1 ounce Gold American Buffalo from the US Mint is one of the best selling pure gold coins. This coin is highly revered for the immaculate detail in the design. However, the Gold Maple Leaf, Britannia and a variety of gold coins from the Perth Mint are also the same purity and often available for a significantly lower price from one or more online bullion dealers for the same amount of gold.

Modern Gold Coins

The US Mint produces millions of gold coins each year in the Eagle and Buffalo series’ plus a variety of commemorative issues that highlight and celebrate American values and culture.

Various laws passed by Congress require that the US Mint to charge wholesalers a premium over spot price to cover the costs of manufacturing, marketing, sales and distribution of newly minted coins. The pandemic lockdowns caused a chain reaction that led to increasing costs along the entire supply chain from mine to mint.

Sovereign owned mints, such as those in Canada, Europe and Asia also have large-scale operations for producing coins for investment. Lower foreign manufacturing costs combined with other market-driving factors put the prices of these legal tender coins at a lower premium over spot than those produced domestically.

Even though they have a nominal face value in a foreign currency, most are also eligible for inclusion in a precious metals IRA based on their legal-tender status and gold purity.

Vintage Gold Coins

Long before the invention of paper money and fiat, gold has a long traditional history as money that has proven to stand the test of time. Pure gold is very soft and easily damaged during circulation. Many vintage gold coins are minted from a 22k gold alloy, which blends other metals such as copper and silver to provide rigidness.

Gold coins were the acceptable currency for everyday spending, making major purchases and for international trade.

The lust for gold and wealth was the primary driver of Colonial expansion during the 18th and early 19th centuries.

European kings and monarchs built mints in far away places to create coins from their newly acquired riches. The Spanish were the first to establish a mint in North America in 1535 to melt down Aztec treasures into Spanish gold escudos coins.

The British established a branch of the Royal Mint in Western Australia to mint Gold Sovereign coins that later become the Perth Mint.

For hundreds of years, coins such as British Gold Sovereigns, the 20 francs and other European gold coins like the Gold Corona were minted with qualities that made them ideal for circulation and to withstand generations.

Gold is Insurance Against CBDC

The record amounts of stockpiling by central banks is recent years is a top indication that there is a global economic shift towards a gold-backed currency for international trade.

Many countries, particularly in the Middle East, Africa and Asia have been ramping up their gold buying in preparation for the introduction of a BRICS+ commodity-based basket currency.

Gold is a unique physical asset that is easily exchangeable into cash. Having a portion of your savings outside of the traditional banking system that is controlled by the government and central banks gives you more control of your money and your future.

The Federal Reserve and White House have both announced plans to roll out a CBDC. Many are correct in their beliefs that the government will attempt to force the use of a programmable currency in the coming years as the state of the economy worsens.

Owning even a small investment in gold coins can provide peace of mind and financial security that is expected to come with a collapse of our current financial system in the coming years.

Practical Gold Preps

It’s growing harder for families to maintain a budget when the cost of basic groceries and gas to fill up the car increases with each passing week.

Being able to set aside enough cash savings to cover a few months of expenses is nearly impossible in the current climate of skyrocketing inflation, alongside continually rising interest rates and massive layoffs in the job market.

The importance of having a stable, trusted and reliable store of value has never been more critical than it is today.

Modern History of Silver Coins in the US Economy

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Bag full of Junk Silver Quarters

Precious metals coins have been found by archaeologists and historians that date back thousands of years.

Historians and archaeologists from around the world have unearthed precious metal coins from cultures that vanished long ago. Many notable examples from China, India, Ancient Greece and Egypt are on display in museums.

Silver, Gold and other precious metals are found in natural deposits throughout the world. Coins minted from silver and gold have been valued, exchanged as the purest form of money since ancient civilizations.

The earliest known was the Lydians, an ancient Mediterranean civilization that has been discovered in part of modern day Turkey.

The Lydians are the first known culture to create coins from gold and silver. The earliest coins discovered were minted of an alloy similar to electrum. Electrum is a naturally occurring alloy containing gold and silver that also contains trace amounts of copper and other metals.

The Lydian stater coins have often been reported to be struck from this naturally-occurring alloy. However, modern analysis has shown that many were actually made from a specific and rather consistent alloy. A mixture of approximately 55% gold, 45% silver, and a small balance of copper.

In Ancient Greece, the silver drachma was the standard used for hundreds of years even into the early Roman Empire. Each drachma was minted with 4.3 grams of silver. the largest know, the Decadrachm contained 43 grams of silver.

Colonial times and long ocean voyages to the new world helped to establish a new routes for international trade. The economies of the Europe were funded by exploits gained through colonial expansion. Ships returning to Europe brought goods like sugar, corn and tobacco. The New World was also filled with treasures made from gold and silver.

Locally struck coins dating to as early as 1497 have been discovered at early settlements in the Caribbean.

The Spanish were the first to establish a mint in the New World in what is today in Mexico City. La Casa de Moneda was built by Spanish Colonial settlers in 1536 by order of King Charles I of Spain.

La Casa de Moneda has operated continuously as the oldest operating mint in North America. The flagship bullion coin is the Mexican Libertad Silver Coins which are minted on an annual basis.

Silver coins were also struck in mints established throughout the British colonies. The US Mint was established in Philadelphia in 1792 following the American Revolution.

Silver Coinage in the US economy

Silver is a store of value and wealth that has stood the test of time and technology. Silver was part of the bedrock that the American economy was built on. The Founding Fathers even included a mention of gold and silver in the Constitution.

Everyday Americans carried and used silver coins in everyday life for more than 173 years. Coins minted from alloys of silver were in circulation up until the 1960s.

Congress passed the Coinage Act of 1965. The passage of this act led to further debasement and ushered in the transitioned the dollar away from a gold-standard.

Prior to 1965, all dimes, quarters, half-dollar and dollar coins were 90% silver. Half dollar coins were debased to 40% silver in 1965. The final 40% silver coins intended for circulation were minted in 1970.

The debasement of the dollar and removal from the gold standard continued during Nixon’s first term as president.

For good reason, people began to horde old circulated silver coins. Sometimes old jars of these coins are found buried in someones backyard while doing renovations.

Today, these old circulated silver coins are referred to as Junk Silver. They are bought, sold, traded by investors, stackers, preppers, collectors. Having a few rolls or stacks of old silver coins provides some additional financial security. It’s easy to buy

Modern Silver Bullion Coins

In the late 1970s the Hunt Brothers manipulated prices in the silver market. Their manipulation led to the famed Silver Thursday event in 1980.

The price of silver was driven up to over $50 per ounce on January 18, 1980. At the time the Hunt Brothers were reported to have been holding over 100 million physical ounces at the time.

In response, COMEX created a new trading rule called the “Silver Rule 7”. The new rule suddenly forced the brothers into covering debt borrowed to finance futures contracts. The abrupt change of rules caused the price of silver to drop by more than 50% in just four days.

American Silver Eagle Coins

The US economy suffered through a three year long recession in the early 1980s. In 1985, Congress passed the Liberty Coin Act as a way to help restore faith.

The law established that the first coins were to be released the following year meeting specifications for composition. The US Mint debuted the 1986 American Eagle, minted from .999 fine silver with a design that remained for 35 years.

In 2021, the US Mint updated the reverse with a new design that was introduced part-way into year. There are two distinct reverse designs for the 2021 American Silver Eagle.

During the first part of the year, the coins continued to be minted using the existing design. The coins featuring the new reverse that shows an eagle grasping an olive branch with both talons.

Type 2 – Silver Eagle Design

Today, American Silver Eagle investment coins are considered to be the most widely trusted and recognized silver bullion coin worldwide.

The number of coins manufactured each year varies on demand from investors. The coins are minted based on sales. This helps the US Mint to implement a business model that allows for flexibility in scaling capacity.

Silver bullion coins are sold only to Authorized Purchasers who are approved US Mint. The wholesalers acquire freshly minted silver eagle coins from the mint at a fixed premium over spot price. The premium from the mint to wholesalers is $2.35 over the LMBA silver spot price.

The list of Authorized Purchasers includes investment banks and online bullion dealers APMEX and A-Mark. A-Mark is the parent company of well-known online bullion dealers including JM Bullion, Silver.com, Provident Metals and BGASC.

This year, it has been widely reported that the US Mint has been unable to keep up with investor demand. This is the first time in the 36 year history of minting bullion coins. High premiums at retail have led to some investors to buy generic silver bullion.

Manufacturing delays of planchets from private refineries forced the mint to cancel several eagerly anticipated releases.

The American Silver Eagle coin is only available in a one troy ounce denomination which has a $1 USD face value legal tender designation.

US Mint Halts Production of 2022 Morgan Dollar and Peace Dollar Coins

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Designs of the 1921 Morgan and 1921 Peace Dollars

The US Mint has announced a pause in the production of the new Morgan and Peace dollar coins. The suspension of sales and production is a result of supply chain constraints brought on by the pandemic.

The Mint has stated previously that they have been having difficulty procuring silver planchets to meet demand and production needs.

US Mint Deputy Director Ventris C Gibson said “I want to ensure that our customers know,” she said, “that the modern renditions of the historic Morgan and Peace Silver Dollars will continue next year. Our goal is straightforward: to give our loyal customers the products they want and the service they deserve.”

The modern renditions of the Morgan and Peace Dollar Silver Coins were introduced in 2021. Demand for the modern coins has been very strong amongst investors and collectors.

These coins are minted with .858 troy ounces of .999 fine silver.

Learn more about the 2021 Morgan and Peace Dollar Silver Coin series and find the best prices with FindBullionPrices.com

2020 American Eagle Silver Privy Proof Coin – End of World War II 75th Anniversary

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2020 American Silver Eagle 75th Privy Proof - Anniversary of the End of World War II

End of World War II 75th Anniversary American Eagle Silver Proof Coin

The most anticipated coin release in recent time was last years’ 2019-S Reverse Proof American Silver Eagle coin. With only 30,000 coins minted, the coin was sold out in minutes from the US Mint website.

Many of those that were lucky enough to score one of these coins turned to eBay to sell for a quick flip. Some are still being sold in PR70 grades in PCGS and NGC slabs for over $2,000. PR69 Examples are selling for upwards of $1,000.

Pretty nice ROI for a coin that was sold by the US Mint for $65.95.

This year there seems to be a lot of hype lately around the US Mint’s upcoming release of a new Silver Eagle Proof coin. The coin is being marketed by the US Mint as a commemorative celebrating the 75th Anniversary of the End of World War II.

The coin is minted by the West Point Mint. It is a proof coin containing a special privy mark shaped like the reflecting pool at the World War II Memorial in Washington, DC. Inside the privy it is stamped with V75.

This is the first time the US Mint has release an American Silver Eagle coin with a privy mark.

The mintage will be limited to just 75,000 coins. Demand has been high for the coin. Some  dealers have already begun listing the coins for sale on eBay for presale at prices ranging from $800 – $1,500.

The coin goes on sale next Thursday November 5 at 12 noon eastern time. You can sign up for reminder alerts on the product page at the US Mint website. I’m sure this coin will sell out quick.

If you’re lucky enough to buy one of the 75,000 coins being made available it should be an easy flip for a huge ROI.


American Silver Eagle Prices

 


Silver Prices

 


Gold Prices

 

Which are the Best Gold Coins for Investment?

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american gold eagle coin

It is a cycle that may seem familiar. Collapse of the housing sector, collapse of the stock market, bank runs and shutdowns. You may remember some of the symptoms leading up to the 2008 financial crisis. It’s looking similar this time around. The stock market drops and trillions of dollars in wealth vanishes into thin air for millions of people.

Some investors started shifting money into more stable assets throughout the pandemic. Few assets are as trusted and as reliable as a store of value as is gold.

Shopping for gold coins can be overwhelming and confusing in the beginning. There hundreds of online bullion dealers to choose from, and almost every single one offers the exact same product at a different price.

A wise choice for if you’re interested enough to buy gold coins is to stick with holding items that are widely available and likely to be widely recognized. This will make it easier to sell later on.

The American Eagle and Maple Leaf are two of the most widely recognized modern gold coins in the world. Others include Krugerrands, Kangaroos and Britannias.

Vintage coins are also an excellent option. Especially for fractional gold. These coins are steeped in history.

Most of the world economies operated on a gold-standard up until the 1920s. Gold coins were commonplace and circulating for everyday transactions.

Historic gold coins are also a great example to show how gold is a long term store of value and wealth.

Many are still legal-tender today based on their face value. Though the intrinsic value of the metal is worth significantly more.

Coins like the Gold Corona, $10 gold eagle, British Sovereigns and Swiss 20 Francs are often some of the lowest premium fractional gold coins available to investors in current markets.

What makes sovereign gold coins a better investment?

Modern going coins are minted in mass quantities each year. The designs are widely known amongst investor and collectors. Many investment-grade coins, such as the Krugerrand, have had the same consistent design for decades.

Simply put: coins minted by a government come with a guarantee of the weight, purity and quality.

The purity, weight and specifications of these coins is well documented and a well-trained eye can usually identify counterfeits.

Vintage sovereign coins, such as British Sovereigns, 20 Francs Coins from the Latin Monetary Union and Gold Pesos from Mexico all make a solid gold investment.

Historic gold coins are most often in circulated condition and will show some signs of handling, light scratches and other minor imperfections and you can usually buy them at a better price than modern coins.

Top 4 Sovereign Gold Coins for Investing

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american gold eagle coin

Uncertainty in the traditional investment markets brings a lot of interest in precious metals. Precious metals provide a stable investment and store of wealth when the stock market is wavering. Gold has always been looked at as a safe-haven way to hold onto wealth during an economic recession. Gold coins for investing are the best way having physical precious metals in your portfolio.

Gold has historically been a way for investors to preserve buying power from inflation.

Gold has been on the rise this year. All major financial experts are predicting that gold is going to continue to rise. Hedge fund leaders and financial analysts alike are recommending investments in precious metals.

There are ways to invest in gold like traditional stock or mutual fund investments. There are gold-mining stocks whose performance often tracks the price of gold in relation to the expenses of mining operations. There are ETF (electronically traded funds), some of which are backed by physical metals.

However, the safest way to invest in gold is to buy physical bullion.

Gold Bullion comes in different forms. The most common ways to invest in physical gold is to buy coins and bars.

Gold coins are minted, backed and guaranteed by sovereign governments.

Gold bars and rounds are minted by private companies that assure the assay of the gold you’re buying.

If you want exposure to gold in your investment portfolio, then buying and holding gold coins is the best way to achieve that.

Gold Coins are different from rounds in that coins are issued by sovereign government authorities and carry legal tender status. In the majority of cases, the face value that is present on gold coins is nominal and is a fraction of the intrinsic value of the metal in the coin.

Government issued coins are more widely recognized world-wide when it comes time to sell. They are standardized and are manufactured to exacting specifications that are well known and documented.

This makes them much easier to authenticate without requiring expensive equipment to assay. With a digital scale and measuring calipers even a novice in precious metals can often be taught to easily determine the authenticity of a coin.

  1. American Gold Eagle Coins

    The American Gold Eagle is one of the most recognizable modern gold coins worldwide. It’s design embodies the spirit of America. The obverse (front) of the coin features the Walking Liberty design that also appeared on the St Gauden’s Double Eagle coin. The reverse (back) of the coin shows a bald eagle soaring above it’s nest.

    It was introduced in 1986 and is backed in full faith for it’s purity and weight by the US Mint. Each Gold Eagle coin contains 1 troy ounce of gold. The coin also contains small amounts of silver and copper to provide strength, durability and protections from scratches while being handled.

    The composition of the Gold American Eagle is 91.67% Au, 3% Ag, 5.33% Cu. It is 22 karat, which was the alloy used in American Gold coins minted prior to 1837.

    Gold Eagles are widely recognized by investors. They are typically sold by dealers as individual coins. Though they are also available in tubes of 20 coins or Monster Boxes containing  25 full tubes.

  2. American Gold Buffalo Coins

    The American Gold Buffalo coin was introduced in 2006. It is a 24k bullion coin produced from .9999 fine gold. It was the first 24k gold bullion coin produced by the US Mint.

    The Gold Buffalo mimics the design of the Buffalo Nickel. It is produced annually at the West Point Mint. Random Year Gold Buffalo coins will carry the lowest premiums over spot price, which is ideal for investors.

  3. Canadian Gold Maple Leaf Coins

    The Canadian Maple Leaf is one of the world’s most popular coin programs. It is the official bullion coin series of the Royal Canadian Mint and the nation of Canadian. First introduced in 1979, the Canadian Gold Maple Leaf coins were the first in the world to compete with the South African Krugerrand in terms of gold bullion demand. Prior to the release of the Gold Canadian Maple Leaf no other coin beside the Krugerrand had ever been offered strictly for investment purposes.

    The obverse of all Gold Maple Leafs feature the right-profile portrait sculpture of Queen Elizabeth II. Three different incarnations of Her Majesty’s profile have appeared over the years. These include the following:

    -1979 to 1989 – The image of a 39-year-old Queen Elizabeth II.

    -1990 to 2004 – A depiction of Queen Elizabeth II at 64 years of age.

    -2005 to Present – Susanna Blunt’s depiction of Her Majesty at the age of 79.

    The reverse of all Canadian Maple Leaf coins features the image of the sugar maple leaf. Used on the reverse since the introduction of the gold version in 1979, this image has never changed. The only additions have been security measures, notably radial lines and a microscopic maple leaf privy.

  4. South African Gold Krugerrand Coins

    The gold Krugerrand quickly became the number one choice for investors worldwide during the bull gold market in the 1970’s. Between 1974-1985 it is estimated that 22 million gold Krugerrand coins were imported into the United States.

    The success of the South African Gold Krugerrand inspired other gold-producing countries to mint and issue gold bullion coins. Including Canada, with the gold Canadian Maple Leaf; China, with the Chinese Gold Panda; the United States, with the American Gold Eagle; and the United Kingdom, with the British Gold Britannia.

    The dimensions of the 1 oz South African Gold Krugerrand is 32.77 mm in diameter and 2.84 mm thick. It is minted from a gold alloy that is 91.67% pure (22 karats) so that the coin contains one troy ounce (31.1035 grams) of gold. The remaining 8.33% of the of the coins weight is copper which gives the Krugerrand it’s orange appearance. As a result, the Krugerrand’s actual weight is 1.0909 troy ounces (33.93 grams).

    In 1980, the South African Mint began producing gold Krugerrand coins in fractional ounce sizes, containing 1/2 oz (15.5 grams), 1/4 ounce (7.78 grams), and 1/10 ounce (3.11 grams) of pure gold.

Many experts suggest that every investment portfolio is diversified with 10% to 15% invested in precious metals. Many investors choose to buy gold coins because of their ability to retain and maintain purchasing power over time.

The one troy ounce gold coin is the most popular size and denomination of gold bullion coins available today. These gold coins are widely recognized worldwide and can easily be authenticated with simple tools. One ounce gold coins are small and compact and many of them can be stored discreetly in a very small amount of space.

One standard mint tube of gold eagle coins contains 20 troy ounces of gold and is only slightly larger than an average pill bottle. With the spot price of gold hovering between $1,500 to $1,600 per ounce, a full tube of Gold Eagles has a bit over $30,000 in gold value. That is a remarkable store of wealth in a compact size.

About Mexican Dos Peso Gold Coins

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Dos Pesos Gold Coins production began at La Casa De Moneda in Mexico City beginning in 1919. In 1919, roughly 1,670,000 coins were minted. Production continued briefly through 1920 before it was halted.

Production of the Dos Pesos was restarted in 1944 and continued through 1948.

From 1951-1972 the mint began production again. During this time 4,590,493 coins were restruck, most dated 1945.

In 1996 additional restrikes were produced with a matte finish. An additional 260,000 restrike coins dated 1945 were struck minted 2000-2009.

Dos Pesos coins that were produced at La Casa De Moneda carry the “Mo” mint mark, with the lowercase o being centered above the uppercase M.

On most Gold Dos Pesos coins the mint mark is most commonly located on the reverse, at the bottom below the bow in the wreath.

Coin Highlights:

  • Denomination: 2 Pesos
  • Total Weight: 1.666 grams
  • Actual Gold Weight (AGW): .0482 troy ounces (1.499 grams)
  • Composition: 90% Gold, 10%
  • Diameter: 13 millimeters
  • Thickness: 1.02 millimeters

Dos Pesos Mintage Chart

Year Mintage Comments
1919 Mo 1,670,000
1920 Mo 4,282,000
1944 Mo 10,000
1945 Mo 140,000 1945 original strikes
1945 Mo 4,590,493 1951-1972 restrikes (dated 1945)
1945 Mo 1996 Matte restrikes (dated 1945)
1946 Mo 168,000
1947 Mo 25,000
1948 Mo 45,000

The mintage years for the Dos Pesos Gold coin spanned 90 years. The majority of the coins produced and available in the market are restrikes dated 1945.

Throughout the 90 year production run 10,930,493 Dos Pesos Gold coins were produced.

PCGS Awards $5,000 Bounty for Circulated W Mint Mark Quarters

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In celebration of the US Mint releasing the 2019-W Quarters into the wild, the coin grading company PCGS, has announced a number of rewards and bounty programs to those who submit some of the first coins for grading.

The reward of $5,000 for first qualifying 2019-W Lowell quarter submitted and certified to PCGS has been confirmed, and we are now proud to announce a $2,000 reward to the first person to submit a 2019-W American Memorial Park quarter to PCGS for grading and encapsulation.

The reward for the first qualifying 2019-W Lowell quarter was split between two nearly simultaneous submissions.

Additional rewards of up to $2,000 are being offered for additional W mint mark quarters that are scheduled to be released this year by the US Mint.

Any quarters submitted for grading with PCGS during the early release period will receive special designations noted on the coin holder labels for those discovered and submitted during the first week of release, noted as “First Week of Discovery”. Those submitted during the first 45 days following the release will receive a designation as “Early Find”.

More information about the rewards bounties and special designations celebrating the 2019-W West Point minted quarters can be found on the PCGS 2019-W Quarter Quest Website.