Author Archives: Pat Heller

Strong dollar, weak U.S. coin sales

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

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New tactic used to combat fake bars

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

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Bullion charges ahead in 2015

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

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Bargains in old gold $5s

The activity level at the massive Florida United Numismatists show in early January each year is considered a bellwether indicator of the state of the numismatic markets. The show last week in Orlando revealed some shining spots and some weak … Continue reading

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Trophy coins rise with economy

It is common as a new year begins for various writers and speakers to opine on what they anticipate for markets in 2015.  Let me start off first by saying that I don’t know what will happen to the numismatic … Continue reading

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Gold up in euro, yen and rand

As I write this on the morning of Dec. 29, the spot price of gold is at $1,193.  That means that gold at the moment is down 0.8 percent against the U.S. dollar since the end of 2013. However, gold … Continue reading

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Eagles not best way to own silver

The U.S. Mint charges $2 above the spot price when it sells regular silver American Eagle one-ounce coins to its handful of Authorized Purchasers. These APs are then responsible for the costs and logistics of picking up the coins at … Continue reading

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Collectible coins better than bullion?

As often happens, this column was sparked by a question received by someone who last week requested a copy of my PowerPoint presentation on “Consumer Protection Tips When Buying And Selling Physical Precious Metals.” This reader had gone on to … Continue reading

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Take bullion delivery fast

Criminal scams are not unique to the precious metals industry, as it is but one minor niche of the massive financial markets. However, it is the industry in which I participate. Where possible, I try to help would-be buyers of … Continue reading

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Swiss gold initiative fails

At the end of November, the Swiss voted down three initiatives. One would have called for their federal government to enact a requirement that the nation’s central bank, the Swiss National Bank, eventually acquire enough gold to equal the value … Continue reading

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