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Letters to the Editor
- Letters to the Editor (4/7/2015) Coins cleaned, but carefullyI have cleaned coins, but generally avoid doing so. I once put together a 20th century type set and birth year set for my daughter, and I cleaned some of the coins just for presentation purposes. They were all common date c...
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Author Archives: Pat Heller
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
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
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
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
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
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
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
Last week, I described the announced plans of the Middle East terrorist group ISIS to strike and issue gold, silver and copper circulating coinage where the gold and silver coins would trade on the basis of their intrinsic metal value. … Continue reading
During the 1972-1973 school year at the University of Michigan Business School, which was my junior year, Marina von Neumann Whitman came to address the students and faculty. Whitman, the daughter of famed mathematician John von Neumann, was then serving … Continue reading