Author Archives: Pat Heller

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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How difficult is it to strike coins?

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

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ISIS gold coins?

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

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Swap gold for silver?

There have been several opportunities since the 1979-1980 gold and silver boom where the gold/silver ratio was so distorted that it was possible to trade out of one metal into the other to realize a possible gain when the ratio … Continue reading

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