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Memories and the facts might not match

They say hindsight is 20/20. Is it? We passed the 10th anniversary date of the bankruptcy of the Wall Street firm of Lehman Brothers on Sept. 15, 2008. The Great Recession commenced then. Unemployment soon soared to over 10 percent. … Continue reading

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Buy gold this very minute scream the headlines

Ideally, ownership of gold and silver should be totally boring. It should be akin to your homeowner’s insurance policy. It helps you sleep at night. Those who think Bitcoin is the new hard currency have had to contend with ongoing … Continue reading

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Mint needs to tend its grass roots to stay in business

Coin collecting is becoming a more elite activity again. Once it was called the hobby of kings. When I began coin collecting, it was the hobby of paperboys. It was made so by the advent of coin albums that made … Continue reading

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New 100-point coin grading scale proposed

Ever find yourself wishing for more coin grades to learn? If you have, Ron Guth is the numismatic authority for you. He has created the Guth 100 Point Coin Grading ScaleSM. There are 20 more points added to Mint State … Continue reading

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Help hurricane victims then help yourself

The devastating hurricane Florence that struck North and South Carolina late last week demonstrates the importance of being prepared. Whether residents chose to get out ahead of the storm or to hunker down, they still face the results of their … Continue reading

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Want to own Bitcoins or Gemini dollars?

Think of a number between 0 and 1 million dollars. If whatever you have in your head is greater than zero, that could be the trading price of Bitcoin. There is no good way to arrive at a rational value … Continue reading

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Don’t be block head, get set graded

Late night TV pitchmen offering food preparation gear proclaim it slices and it dices. Coin dealers slice and dice also. I have an email promotion from L&C Coins this morning. There is an array of 2018-S silver reverse proof America … Continue reading

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We would have been amazed 40 years ago

Results achieved by Heritage Auctions for its Sept. 6-9 Signature Sale of U.S. coins in Long Beach, Calif., came in at just under $6 million. When I joined the Numismatic News staff in 1978, $1 million in sale results would … Continue reading

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Make coin collecting tax free?

Should the profits that go to coin collectors when they sell their collections be tax free? Should coin dealers be exempted from paying income tax? I ask these questions after I received a press release about U.S. Representative Alex Mooney, … Continue reading

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Coin collecting skills useful in bullion market

One of coin collectors’ necessary skills is the ability to tell scarce items from abundant ones. The scarce ones command high prices. There is no doubt that 1804 dollars or 1913 Liberty Head nickels are scarce, rare actually, and are … Continue reading

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