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Letters to the Editor
- Letters to the Editor (5/12/2015) Coin counting machines yield collectible coinsTo Bob Klippstein:I read your letter to NN about your find in your local grocery store’s Coinstar coin counting machine. I would like to congratulate you on your first find, the ‘43 “steely.” I hope t...
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Author Archives: Pat Heller
There are two significant fresh developments to cover, one affecting the precious metals markets this coming Friday and the other announced over this past weekend that will potentially impact numismatic and precious metals transactions. First, on March 20 the London … Continue reading
Over the years, the Industry Council for Tangible Assets has had significant success at supporting efforts to enact sales and use tax exemptions for the retail sales of precious metals, rare coins and paper currency in several states. In the … Continue reading
Late last week, The Wall Street Journal reported that the U.S. Department of Justice and the U.S. Commodity Futures Trading Commission (CFTC) had begun investigations of 10 major banks over the process of setting prices for gold, silver, platinum and … Continue reading
The government of Greece owes more than 400 billion euros worth of debt to the European Central Bank and to major banks in Europe, the U.S. and elsewhere. There are no reasonable prospects that more than a tiny fraction of … Continue reading
I have written a number of times that I expect the U.S. government will eventually take or somehow get control of all assets in private retirement accounts, including precious metals individual retirement accounts. The basic reason for this expectation is … Continue reading
Although the U.S. dollar has been one of the strongest assets over the past year, it doesn’t look quite so attractive if you look at a longer time frame. As many of you know, I write a monthly newsletter titled … Continue reading
As most of you have probably heard, the U.S. Dollar Index is now at its highest levels since September 2003. In theory, this is an index of the value of the U.S. dollar against a market basket of foreign currencies. … Continue reading
A creative new tactic is being used to help alert the public to the risk of counterfeit and altered Engelhard bars being offered for sale in eBay online auctions and online stores. Seven months ago, I wrote (http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=27777) about a … Continue reading
As I write this Monday morning, the price of gold is up about $80 (6.7 percent) and silver soared $2.10 (13.4 percent) since the end of last year. If this news were for any other financial asset, it would get … Continue reading