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Letters to the Editor
- Letters to the Editor (April 4, 2017) Drug store ad features 2017 cent without mintmark A few weeks ago Numismatic News asked its readers if they would be looking out for the new 2017-P cents, the first Philadelphia cent to have the “P” mintmark. I was thinking, yes, I would be looking out for them, but more so I’d be looking out for ...
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Author Archives: Pat Heller
Legislatures in the states of Arizona and Idaho are part way through the process of considering bills to exempt any paper profits on the buying and selling of U.S. bullion-priced coins (in Arizona) or on bullion-priced coins and precious metals … Continue reading
Storing precious metals in safe deposit boxes is a common practice. In general, valuables in safe deposit storage are much safer from theft than if they were stored at home or work. However, there are drawbacks. 1. Safe deposit boxes … Continue reading
Three weeks ago, I wrote how imports of physical gold and silver in China and India were much stronger in 2016 than indicated in reports from GFMS and the government of India (click here to read). There is even some … Continue reading
In last week’s column, I described how today’s government-created circulating coins and currency do not meet all of the functions of money. Specifically, while they may serve as a temporary medium of exchange, government-created currencies do not serve the function … Continue reading
I bet that if you asked people if the coins and paper currency they have and the account balances in their bank and credit union accounts were money, almost all of them would say “yes.” And, technically, they would be … Continue reading
Prices for precious metals, along with just about everything else, depend on the relative levels of supply and demand plus available inventories. In judging where gold and silver prices are likely to trend, investors and numismatists alike have an interest … Continue reading
While much attention is now focused on U.S. stock indices reaching record levels, only a handful of people are aware that precious metals, on average, have outperformed U.S. stocks since the end of 1999. As measured in U.S. dollars, here … Continue reading
While old hands at physical precious metals might take it for granted, I have found a significant information gap for would-be buyers. Once they have done their own homework and decided that they should own some bullion-priced physical gold and … Continue reading
In 2010, the state of Colorado enacted a law that required out-of-state merchants who made sales to Colorado residents to either collect and remit the applicable Colorado sales tax on the purchase, or if no such taxes were collected, to … Continue reading