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High Relief not an instant sellout

Despite much anticipation for the 2015 gold American Liberty High Relief coin, it was not an instant sellout. Released on July 30, first day sales amounted to 36,686 coins. By Aug.  2, collectors bought an additonal 5,244 coins, bringing the … Continue reading

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North American Coins and Prices makes sense

Coin collectors tend of have a wide range of interests. When I was a kid, I saved everything from rocks to stamps and tried to make sense of what I was finding. The same wide range of interests also applied … Continue reading

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High Relief gold worth it?

Are you in for $1,650 on the secondary market, or are you willing to wait until September or October for a coin from the U.S. Mint? That’s the question facing potential buyers of the 2015-W High Relief American Liberty gold … Continue reading

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Silver Eagles comeback slow

Did coin buyers run out of money at the beginning of August? This is perhaps a silly question, but a failure of the new 2015 High Relief gold $100 to sell out its 50,000-coin supply despite a strong start was … Continue reading

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High Relief orders drop

A buying frenzy for the 2015 High Relief $100 gold piece ran out of fizz before sellout. Buyers took 36,686 pieces of an available 50,000 on the first day of sales July. 30. In the first hour alone, the Mint … Continue reading

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Irish soon to be penniless

By Richard Giedroyc Ireland hopes to follow the example of several other European Union currency union members by ceasing production of its 1- and 2-cent coins. The recommendation made June 14 by Ireland Minister for Finance Michael Noonan to the … Continue reading

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Coins, bank notes or virtual money?

By Richard Giedroyc Fiat money began replacing specie during the early 20th century when the world stopped using gold coins in circulation. By the 1960s the process was complete. Circulating silver coins were replaced by those composed of base metal. … Continue reading

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2015 Coin and Currency set on sale Aug. 24

The 2015 $1 American Coin and Currency set combining a Native American dollar with a $1 Federal Reserve Note will go on sale on the U.S. Mint website Aug. 24. Price will be $14.95. The maximum number that will be … Continue reading

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No dollar collapse in October

Selling subscriptions to financial investment newsletters is tough. First, the writer needs to be perceived as knowing what he or she is talking about. Second, they also need to scoop other sources on coming out with new information first.  Third, … Continue reading

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July gold sales double previous best

The Mint was on a tear as July ended. It sold 46,000 ounces of gold in a week to Authorized Purchasers to reach a monthly total of 164,500 ounces by July 29. This is more than double the amount for … Continue reading

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