Coins have been a method of payment since the 6th or 5th century BCE. Always a store of value, the invention of coins has been surrounded by mystery. Herodotus claims the first coins were minted by the Lydians. Aristotle claims the first coins were minted by Demodike of Kyrme. In 1792, the American Congress passed […]
Tag Archives: numismatic coins
Long before the US Mint began offering gold and silver bullion coins, they issued, as part of their regular distribution, gold coins in 4 denominations. They were the $2.50 Quarter Eagle; the $5 Half Eagle; the $10 Eagle, and the $20 Double Eagle. Actual gold content of these coins ranged between .1209 to .9675 troy […]
There are many choices when it comes to investing in precious metals. We’re looking at uncirculated bullion coins, proof coins, and pre-1933 gold coins. Without making recommendations towards one or the other, we want to explain the differences between regular strike government issued bullion coins…what the Mint calls “uncirculated,” proofs, and pre-1933 gold coins.