Author Archives: Pat Heller

Will collectors save America?

While the popular media reported on multiple record high closings for the Dow Jones Industrial Average and S&P 500 Index last week, did you realize that the spot price of silver outperformed both last week? Or did you realize that … Continue reading

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Seeking profit only leads to loss

Yesterday, as has happened hundreds of times before, a customer approached me who is considering taking up the collection of rare coins for a hobby. He was nearing retirement and looking for something to do with his anticipated spare time. Continue reading

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Gold pieces star in Hollywood movie

When the Central States Numismatic Society celebrates its 75th Anniversary April 23-26 at its convention in Schaumburg, Ill., (open to the general public beginning April 24), attendees will have the opportunity to be among the first in the nation to view the movie “Alongside Night.” Continue reading

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Tax Day gold lull occurs most years

For most individual tax return filers, April 15 is the annual deadline to send in their personal federal income tax forms. Continue reading

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Michigan Results Show Market Pulse

The Michigan State Numismatic Society hosted its spring convention and show March 14-16 at the Adoba Hotel in Dearborn. Continue reading

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Movie features scannable $100s

Filming for the movie “Alongside Night” began Dec. 3 in Las Vegas, Nev. I have previously written about my involvement in this film, where privately-manufactured gold tokens are displacing U.S. government paper money in large parts of the economy in the year 2018. Continue reading

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Michigan show shines at new venue

The Michigan State Numismatic Society held its Fall Convention Thanksgiving weekend at the first new location in more than 30 years. Continue reading

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Gold Commission coming in 2013?

In October 1980, Congress enacted a law creating the Commission on the Role of Gold in the Domestic and International Monetary Systems, commonly called The Gold Commission. President Reagan appointed 17 members of the commission. Continue reading

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Easy to lose money on proof gold

  In late 1986, when the American Eagles debuted, a lot of people asked me if they should purchase the 1-ounce gold proofs at the then high price of $585 each. At the time, retail customers were purchasing the bullion … Continue reading

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Buyers trade up

There were some strange retail customer silver and gold bullion trading patterns at my store at the end of January and during the first three days of February. All week long it seemed like we were buying back U.S. gold American Eagles while other customers were purchasing large quantities of Canadian gold Maple Leaves. In silver, we purchased significant quantities of U.S. silver Eagles from the public, while buying demand was heavily skewed toward U.S. 90 percent silver coins. Continue reading

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