News — Coin Investing
The History of Carson City Morgan Dollars & the GSA Hoard
Posted by Derek Sawchenko on
In 1964, The United States of America ran out of silver dollars that were minted between 1878 and 1935. Most of the coins were from the Carson City Mint. Due to its decreasing supply, the government ceased the exchange of silver certificates for silver dollars. Silver dollar coins were then held by the government. Congress set up the General Services Administration, also known as the GSA, to distribute the hoard of silver dollar coins to the public in 1970. The coins were divided and organized by mint and condition. Over two million coins received an “uncirculated” rating. Others...
United States Coin Shows
Posted by Derek Sawchenko on
There are many coin shows across the United States of America. Coin shows, or coin expos, showcase many bullion and numismatic coins. Many numismatists, dealers, collectors, and those who have a common interest in coins attend these shows. Other than coins, some shows have jewelry, stamps, collectibles, and other forms of currency as well. Coin shows give people the opportunity to learn and take a look at bullion and numismatic coins. Dealers also have the opportunity to purchase coins from other dealers in the coin business.
Numismatic Coins VS. Bullion Coins
Posted by Derek Sawchenko on
Are you new to the world of numismatics? According to the Merriam-Webster Dictionary, numismatics is “the study or act of collecting of coins, paper money, and medals.” If you are new to the numismatic community, you may be wondering what the difference is between numismatic coins and bullion coins. Numismatic coins are rare and collectible. Bullion coins are valued for their melt value in silver, gold, and other precious metals.