News — Coin Investing
Rare American Silver Eagle Prices
Posted by Derek Sawchenko on
The population and prices of the coins vary depending on the year of mintage. The 1999 American Silver Eagle Mint State 70 (MS70) costs $25,000; it is the highest price point among the various years and mint states. The mintage of the 1999 Silver Eagle is 7,408,640. However, there are only 129 coins in MS70. The second-highest price point is 1996 MS70 which costs $10,000. The mintage of 1996 Silver Eagle is 3,603,386; there are only 179 in MS70. Below is a chart of the top 5 high price point American Silver Eagles in Mint State 70.
First Day of Issue Labels
Posted by Derek Sawchenko on
The Numismatic Guarantee Corporation, also known as NGC, offers First Day of Issue label for coins. According to the NGC website, “NGC offers the First Day of Issue designation for select coins that are received by NGC or an NGC-approved depository within one day of the first release of a new coin issue.” The label is available to those who submit bulk quantities, at select trade shows, and can even be offered to all who submit a request. There are a few different cases, or instances, where the label is available. In all cases, it is offered upon request and a higher grading fee.
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How to Invest in Coins & Precious Metals
Posted by Derek Sawchenko on
Are you new to investing in silver and gold? Do you know the difference between numismatic and bullion? The difference between rounds and bars? The difference between spot and premium prices? If you don’t know where to start, you’ll need to understand the basics and the differences of the terms mentioned above.
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United Kingdom Withdraws from European Union
Posted by Derek Sawchenko on
We witnessed history today as the United Kingdom withdraws from the European Union. Prime Minister David Cameron has decided to step down from his position. Global currency markets have plummeted and panic has set in. Scotland has made it clear that the country will seek independence from the U.K. The United States will maintain its relationship with the U.K as the world moves forward.
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- Tags: Coin History, Coin Investing
The Short-Lived $3 Indian Gold Coin
Posted by Derek Sawchenko on
The $3 Indian Princess Head came into existence after being authorized by the act of February 21, 1853, becoming the only $3 coin ever minted in the United States. The first of this coin series was struck in 1854, but it sadly never grew to popularity with the general public and saw very little circulation. The obverse of this coin features the design of James B. Longacre, depicting the head of an Indian Princess with her hair tightly curling over her neck. Her head is crowned with a circle of feathers, the band of which is inscribed with the word “Liberty.” The reverse features a wreath of tobacco, wheat, corn, and cotton.