Silver

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

2021 Morgan and Peace Dollar Release Dates Announced

This year is the 100 year anniversary of the introduction of the Peace Dollar. In 1921 the US mint produced both the Morgan silver dollar and the Peace silver dollar coin. To commemorate the centennial the US Mint will be issuing both of these coins this year.  The US Mint has announced that the new commemorative 2021 Morgan and Peace … Read more2021 Morgan and Peace Dollar Release Dates Announced

Why does silver sell above spot price?

comex silver bars in warehouse

An explanation of silver premiums Spot price is the paper trading price for a COMEX futures contract of 5,000 troy ounces of silver. One way to think about it is like barrels of oil. A barrel of crude oil contains 42 US gallons and is trading at around $65 per barrel, or roughly $1.57 per … Read moreWhy does silver sell above spot price?

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

What is the difference between poured and cast silver bars?

Both poured and cast silver bars start with melted or liquified silver that is then poured into a mold. The difference mainly depends on the mold itself.

Both poured and cast bars can have a similar look to them as they are both poured silver. Other types of silver bars, such as those that are manufactured using stamping or extruded methods will look distinctly different.

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

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

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 just $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