Central Banks Added 77 tons of Gold in September
With September’s purchases, central banks have added a net 337 tons of gold in Q3. It was the second-highest third-quarter total on record behind 2022.
Gold
Low Premium Fractional Gold Coins
An effective way to stack gold, either as a hedge or for financial security, is to buy low-premium fractional gold coins. Some of the lowest premiums can be found in vintage gold coins. These include Pre-1933 US Mint gold coins as well as those minted throughout Europe in the late 19th and early 20th centuries. Most coins … Read moreLow Premium Fractional Gold Coins
Russian Economist Confirms: BRICS Currency Is Almost Ready
When trade happens in many different currencies, you have high costs of arbitrage of exchange rates between countries. When approaching dedollarization, central banks and countries need to simultaneously consider the fluctuations of national currencies of different countries.
Collectively, BRICS countries encompass over 40% of the world’s population and account for roughly 26% of the world’s GDP, representing a substantial share of global trade.
Investing in Vintage Gold Coins
While all gold coins carry value due to their metal content, vintage coins can also have numismatic value. The numismatic value depends on collector demand, rarity, historical significance, condition, other attributes.
Which Gold Coins are 22k?
Many 22-karat gold coins are favored by investors because they are more durable, making them less prone to scratches and dents compared to 24-karat gold coins.
Are Costco 1 oz Gold Bars a Good Deal?
Buying 1 oz gold bars from Costco may be a convenient option for some investors, but it is important to consider additional factors.
Gold & Silver Bars of the Atocha
According to historical records there were 1,038 silver bars, 160 gold bas and discs and over 255,000 silver coins, mostly consisting of “pieces of eight”. These coins were minted in the Americas and used as a global trade currency during the era. The silver coins had been hand-stamped at mints in Potosí, Lima, La Plata, Mexico City and Santa Fe de Bogotá.
US Mint Updates 2023 Product Release Schedule
The product release schedule is updated periodically as materials and production capacity adjustments are made by the US Mint. The Mint has provided an update to its 2023 numismatic products launch schedule through the end of November.
The Basics of Coin Collecting
Coin collecting has evolved beyond merely acquiring coins for their monetary value. Many collectors now focus on various aspects, including historical significance, artistic appeal, rarity, and cultural context, with some collectors specializing in specific periods, rulers, or coin types.
With advancements in communication and technology, coin collecting has become more accessible to a global audience. The internet allows collectors to connect, research, sell and buy gold coins from around the world. Online auction platforms and forums have expanded the reach of numismatics.
Understanding Coin Finish
Modern minting technology allows for a wide range of finishes, providing both government and private mints with many creative options in the ideation of unique coins. Each finish serves a specific purpose and contributes to the overall appeal and collectible value of the coin.