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Letters to the Editor
- Letters to the Editor (March 7, 2017) Note’s serial number not, in fact, mismatched Had a call from Bob Campbell about a letter to the editor, which I have not seen, commenting about mismatched serial numbers on the note. Hate to break anyone’s bubble, but in checking the note, it being circulated, there’s a vertical fold on the first “6” in the left serial ...
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Author Archives: Pat Heller
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
When central banks own physical gold reserves, that means they own coins and/or bars. Mostly they own bars, which have hallmarks of the manufacturer, serial numbers and the weights and purity of each piece punched right into the surface. The … Continue reading
In years past, trading contracts of precious metals in the London Bullion Market Association was supposed to be backed 100 percent by physical metals in London vaults. Similarly, New York COMEX futures contracts for the spot month could be purchased … Continue reading
In my experience, coin and paper currency dealers focus almost all their marketing efforts toward existing and would-be numismatists. They may be missing out on another niche to expand their sales – serving topical collectors. A topical collection is one … Continue reading
Coin dealers, no matter whether a one-person operation or much larger, have several ways to benefit from hiring students. That does not mean hiring just anyone for the sake of hiring a student. Instead, look at the students you know … Continue reading