LPETTET / Getty Images/iStockphoto According to the U.S. Geological Survey, 1.74 million metric tons of silver have been mined to date, compared to just 244,000 metric tons of gold. Because of that gaping disparity in supply, along with gold’s mystique and association with wealth and luxury since antiquity, gold is by far more expensive than […]
LPETTET / Getty Images/iStockphoto According to the U.S. Geological Survey, 1.74 million metric tons of silver have been mined to date, compared to just 244,000 metric tons of gold. This stark contrast in supply, along with gold’s longstanding association with wealth and luxury, continues to make gold significantly more expensive than silver, with prices ranging […]
Silver coins are not merely beautiful objects; they serve as a gateway into the world of precious metal investments. These coins offer a unique opportunity to diversify investment portfolios, not just for their aesthetic value but also for their potential to hedge against economic uncertainties and inflation. Choosing the right silver coins for investment is […]
The Famous Tribute Penny: A Closer Look The Tribute Penny is a coin that has captured the interest of coin collectors and historians alike for centuries. This coin, mentioned in the Bible, holds a significant place in both religious and numismatic history. According to the Gospel of Matthew, Jesus famously said, “Render unto Caesar the […]
1988 American Silver Eagle. Image: CoinWeek. With nearly 40 years of continued production, the American Silver Eagle is the undisputed king of modern bullion and collector coins. In 1988, however, this dominant market position was not yet assured. The Silver Eagle program was authorized on July 9, 1985 by the Liberty Coin Act (Public Law […]
1989 American Silver Eagle. Image: CoinWeek. Demand for American Silver Eagle bullion strikes increased in 1989, despite silver prices dropping. The spot price of silver in 1989 fluctuated between $5.20 and $5.90 USD, which was significantly lower than the previous year. However, the number of coins struck saw a slight uptick, although sales remained below […]
2024-W First Amendment Platinum Proof Coin The 2024-W First Amendment to the United States Constitution Platinum Proof Coin – Right to Assemble is set to premiere today at Noon EST. This coin is the fourth in a series of five unique designs created by the United States Mint. Symbolism of the Series Each coin in […]
1990 American Silver Eagle. Image: CoinWeek. The 1990 American Silver Eagle underwent a slight production increase compared to the 1988 and 1989 issues, with a mintage of 5,840,110 coins. Despite its initial scarcity, the 1990 Silver Eagle has witnessed changes in market dynamics over time, reflecting shifts in collector preferences and grading trends. The Evolution […]
Sales Volume of the 1991 American Silver Eagle Sales volume for the 1991 American Silver Eagle sharply increased compared to the three preceding years, with the United States Mint reporting sales of 7,191,066 coins. This mintage stood as the highest of the decade until 1998. Following this, Silver Eagle bullion coin sales consistently surpassed seven […]
The Beginning of the American Silver Eagle Program The American Silver Eagle program began in 1986 when Congress passed the Liberty Coin Act, allowing for the production of .999 fine silver coins. This initiative was put in place to reduce the nation’s silver stockpile and offer investors a high-quality bullion coin to compete with other […]