Author Archives: Pat Heller

Who backs price quotes with cash?

The value of rare coins, paper money and precious metals is a significant consideration in buy and sell decisions by collectors, investors and dealers. So, an important part of the decision process involves the question of “What is it worth?” … Continue reading

Posted in Articles, General News, News | Leave a comment

Proof sets lose ground

In the 1990s, when Congress was reviewing legislation for the U.S. Mint to issue a series of state quarters, it projected that it would generate an extra $1 billion of profits that would be turned over to the U.S. Treasury. … Continue reading

Posted in Articles, General News, News | 1 Comment

Margin calls depress gold

From its peak close on Jan. 26 to the close on Feb. 8, the Dow Jones Industrial Average of 30 major U.S. stocks declined 10.4 percent. In the same time frame, the Standard & Poor’s 500 Index fell 10.2 percent … Continue reading

Posted in Articles, General News, News | Leave a comment

Three states consider tax exemptions

Last fall, the state of North Carolina became the 36th state to have either no sales and use taxes at all (Alaska, Delaware, Montana, New Hampshire and Oregon), or a complete or partial sales tax exemption on the in-state retail … Continue reading

Posted in Articles, General News, News | Leave a comment

Higher gold price not really a profit

Last week, the Professional Numismatists Guild released an informal survey of its Accredited Precious Metals Dealers of their forecasted gold, silver and platinum prices for the end of 2018. The results are available at https://pngdealers.org/dealers-see-1460-gold-at-years-end-reports-professional-numismatists-guild/. The headline of this survey, … Continue reading

Posted in Articles, General News, News | Leave a comment

Sinking dollar sets stage for gold

At the beginning of this week, the U.S. Dollar Index touched a 37-month low. Normally, when the dollar is weak, gold and silver prices tend to rise. That is not what has happened for the past couple of weeks as … Continue reading

Posted in Articles, General News, News | Leave a comment

Free quarters for new collectors

To maintain a healthy hobby, numismatics needs to encourage new collectors to replace those who die or simply stop pursuing this pastime. Here’s a successful practice of my company that is one way coin dealers with brick-and-mortar stores or local … Continue reading

Posted in Articles, General News, News | Leave a comment

Low premiums benefit metal buyers

With declines in demand for its bullion products during 2017, the U.S. Mint toward year end dropped the premiums charged to its Authorized Purchasers on gold American Eagles and Buffaloes. This decline in premiums may or may not continue. Some … Continue reading

Posted in Articles, General News, News | 1 Comment

Gold: No way to go but up

The price of gold was up more than 13 percent in 2017, and silver rose more than 7 percent. In typical years, those would be satisfying results. Not this time around. Stock prices and cryptocurrencies turned in much stronger results, … Continue reading

Posted in Articles, General News, News | Leave a comment

Americans always late buying gold?

There is a discussion going on now as to whether or not the investment demand for precious metals really matters to their prices, or if the price affects investment interest. There are some who analyze the precious metals markets only … Continue reading

Posted in Articles, General News, News | Leave a comment