Weekly Precious Metals News and Gold Prices

Gold, Silver and Platinum began trading higher in the lead up to the midterm elections. There continues to be controversy surrounding the counting of votes in some states and precincts. Most mainstream media outlets have confirmed that the balance of power in the House of Representatives will shift across the aisle to the Republican party. … Read moreWeekly Precious Metals News and Gold Prices

A-Mark/JM Bullion acquires BGASC

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On August 30, A-Mark announced that their JM Bullion subsidiary had entered into an agreement to buy online bullion dealer BGASC for $4.5 million in cash. BGASC was founded in 2012 in California and has reported more than 70,000 customers and $200 million in annual revenue. BGASC is an abbreviation for Buy Silver and Gold … Read moreA-Mark/JM Bullion acquires BGASC

2022 Chinese Panda Coin Now Available in Silver & Gold

2022 Chinese Panda 30 gram gold coin

A new design of The Chinese Panda coin is released annually. The Panda Bullion Coin represents China in the global bullion market. The Chinese Panda coin has been minted by The People’s Bank of China, since 1982. The design of the reverse changes annually as is adorned by depictions of the Panda Bear, a national … Read more2022 Chinese Panda Coin Now Available in Silver & Gold

Is Owning Precious Metals Legal?

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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

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

1986 American Silver Eagle

1986 Silver Eagle BU

In 1986, the United States Mint launched the American Eagle program. The American Gold Eagle and American Silver Eagle were established as the nation’s first official bullion coins. In this first production year, the Mint issued more than 5 million Silver Eagle coins, which led to high demand the following year as well. Inaugural Issue … Read more1986 American Silver Eagle