Author Archives: Pat Heller

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

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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

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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

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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

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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

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Bitcoin clobbers metals

Over the past two months, a number of sellers of physical gold and silver in my company’s store have told us they were planning to use the proceeds to purchase Bitcoins, or other cryptocurrencies. I am certain that some people … Continue reading

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Mint mistakes: What’s your favorite story?

Joseph Stalin’s initials are not on the Roosevelt dime, though there were rumors in 1946 that Mint Chief Engraver John Sinnock’s initials stood for the Soviet dictator. The Communist hammer and sickle emblem is not on the Kennedy half dollar. … Continue reading

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Quarters sag after state issues

From 1994 to 1998, before the debut of the U.S. state quarter series, the U.S. Mint struck an average of 1.71 billion quarters per year. The popularity of the state quarters, that for the 56 different issues in the 11 … Continue reading

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Bullion for quick buck or long-term security?

Just a small percentage of the public actually owns any bullion-priced physical gold or silver, maybe only 1-3 percent of adults in the U.S. Because of this, it would take a lot to achieve a major expansion in demand. Dealers … Continue reading

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Viewpoint: Many say Mint prices are excessive

A year ago, the U.S. Mint held its first Numismatic Forum in Philadelphia, with perhaps 55 invited guests in attendance. Mint staff reached out to solicit ideas and suggestions from outside of their own sphere, and the attendees responded with … Continue reading

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