2009 20oz 20th Anniversary Austrian Gold Philharmonic CoinThe Gold Philharmonic coin was introduced in 1989 in 1 ozt and 1/4 ozt weights. To celebrate the coin’s 20th anniversary, the mint released a coin with a nominal face value of 2,000 euros, each weighing 20 troy oz. The coin was minted with a diameter of 74 … Read more2009 Austria Philharmonic 20 oz 20th Anniversary Gold coin
garimpo – a small-scale, informal gold, diamond, and tin placer mining campWildcat gold mining continues to be a problem. It’s estimated that there are as many as 5,000 illegal small-scale gold mining camps scattered throughout the Brazilian Amazon.The wildcat miners that operate small-scale gold mining camps in the Brazilian Amazon are known as garimpeiros. Across the centuries, garimpeiros have scoured … Read moreWildcat Gold Mining Is Devastating the Amazon
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
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
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?
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
Precious Metals conglomerate A-Mark has announced that they will purchase online retailer JM Bullion. The acquisition follows a long time partnership between the two companies that dates back to A-Mark’s initial investment in JM Bullion in 2014. In 2014 A-Mark acquired a non-controlling 20.5% stake in JM Bullion. The new deal will put the remaining … Read moreJM Bullion Acquired by A-Mark Precious Metals
There has been a lot of news over the past couple of weeks about /r/WallStreetBets and GameStop. The people from this Reddit message board have caused lots of turmoil for hedge fund Melvin Capital and others. The group has encouraged it’s members to buy up GameStop stock and forcing Melvin Capital to cover it’s enormous … Read more/r/WallStreetBets Redditors Set Their Sites on Silver
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
The website for online Precious Metals retailer JM Bullion was hacked earlier this year. The company began notifying customers recently that malicious code had been discovered on their website. As part of the hack contact information and payment information may have been compromised. JM Bullion became aware of suspicious activity involving their website around July 6, … Read moreJM Bullion Notifies Customers of Hack