Is Owning Precious Metals Legal?

On April 5, 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed the private ownership of gold by citizens.

For a duration lasting 41 years in the mid-20th century, the government made it a crime for the people to own, hold or transact in sound money.

Following the resignation of Nixon, one of the first laws signed by President Ford included a bill which reversed Roosevelt’s Executive Orders.

It has been legal for anyone to own, hoard, buy and sell gold in the United States since December 1, 1974.

US Mint Clarifies Statement Regarding Global Silver Shortage

The US Mint released a statement confirming a global shortage of silver after the website outages during the pre-sale of the 2021 Morgan Dollar commemorative coins. “The global silver shortage has driven demand for many of our bullion and numismatic products to record heights. This level of demand is felt most acutely by the Mint … Read moreUS Mint Clarifies Statement Regarding Global Silver Shortage

American Silver Eagle Mintage History

2018 American 1 oz Silver Eagle

The American Silver Eagle Coin was created by the US Mint in 1986 to establish a way to encourage the private ownership of precious metals. Silver Eagles are issued in both bullion and proof versions. Bullion versions are intended for investment and have higher mintages, while proof versions are produced annually, the mint has issued … Read moreAmerican Silver Eagle Mintage History

US Mint to Produce 2021 Morgan and Peace Centennial Silver Dollars

Designs of the 1921 Morgan and 1921 Peace Dollars

This year marks the 100th anniversary of the switchover from the Morgan Dollar to the Peace Dollar in 1921. Public Law 116-286, the 1921 Silver Dollar Coin Anniversary Act, was approved by Congress on December 19, 2020 and signed into law by the President on January 5, 2021. The US Mint halted the production of … Read moreUS Mint to Produce 2021 Morgan and Peace Centennial Silver Dollars

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

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 … Read more2020 American Eagle Silver Privy Proof Coin – End of World War II 75th Anniversary

US Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins

2021 American Eagle Coin Reverse Designs

The Unveiling of the New American Eagle Coin Designs New reverse designs for both the American Silver Eagle and the American Gold Eagle coins have just been unveiled by the United States Mint. These exciting new designs will be featured on collectible and bullion coins in 2021. The reverse or tails designs will be available … Read moreUS Mint Releases Reverse Designs For 2021 American Gold And Silver Eagle Coins

Various Dealers Offering Huge Buybacks for Enhanced Reverse Proof 2019 Silver Eagles

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The US Mint is releasing a new, limited edition Enhanced Reverse Proof 2019 American Silver Eagle coin at 12:00 noon on November 14, 2019. The offering price for this coin from the US Mint is justĀ $65.95 plus shipping. The mintage of this coin is limited to just 30,000 coins. It is the lowest American Silver … Read moreVarious Dealers Offering Huge Buybacks for Enhanced Reverse Proof 2019 Silver Eagles

US Mint American Silver Eagle Coin Sales Increase 19.5% in June to 1.03 Million Ounces

best place to buy American Silver Eagles online

It has been a fairly lackluster year of Silver Eagle sales for the US Mint. However, in June, sales began to bounce back to higher volumes. Distributors and Authorized Purchasers purchased over 1 million troy ounces of silver eagles from the US Mint in June. These sales numbers are up nearly 20% from May which … Read moreUS Mint American Silver Eagle Coin Sales Increase 19.5% in June to 1.03 Million Ounces

2019 America the Beautiful .999 Silver Proof Quarters

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The 2019 United States Mint America the Beautiful Silver Proof Quarters set includes all five 2019 America the Beautiful Quarters minted in 99.9 percent silver. This is the first time ever that the US Mint has released Proof Quarters in .999 fine silver. You can buy these Silver Proof Quarters sets online for a small … Read more2019 America the Beautiful .999 Silver Proof Quarters