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Letters to the Editor
- U.S. Mint Basketball Coin Surprise Wife Plays Key Role in Obtaining Basketball Coin OK, I see people all the time that say “I got this, or I got that,” so you can say “Hey, it’s my turn.” I had read about the Basketball coins in one of your mags, and about all there would be offered. Then we got COVID-19 and ...
Tag Archives: Pat Heller
‘Wayfair’ Sales Tax Compliance Burden Grows
I doubt that many—if any—coin dealers know the answers to all of the following questions. Can you name the U.S. state where the governor and the revenue department have declared that a single sale by an out-of-state business to a … Continue reading
U.S. 90 Percent Silver Coins: Best Silver Value
A common question we hear from people contemplating a first-time purchase of physical gold and silver, once they realize there are multiple coin and ingot options, is which forms we would recommend. There are a number of factors that can … Continue reading
Using Coins and Paper Money For Business Promotion
By Patrick Heller What might be considered a sneaky way to promote new coin collectors can occur if coins and paper money are given away for business promotion purposes. Two such promotions might be most familiar to the general public. … Continue reading
U.S. Government Gold Reserve Auditor Deceptions
By Patrick A. Heller Beginning in 1974, the auditors of the U.S. government’s gold reserves held at Fort Knox, Ky., and at the U.S. Mint facilities in Denver, Colo., and West Point, N.Y. (which was named the West Point Bullion … Continue reading
How High Could Gold Go?
By Patrick A. Heller The U.S. Exchange Stabilization Fund (ESF) was established as part of the Gold Reserve Act of Jan. 31, 1934. It began operations in April that year, funded with $2 billion of the $2.8 billion paper profit … Continue reading
Posted in Articles, General News, News
Tagged COMEX, gold prices, gold reserve, Gold Reserve act, Pat Heller
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Which Numismatic Fad Will Fizzle Next?
by Patrick Heller Passing fads eventually fizzle out. Remember Pet Rocks or Beanie Babies from a few decades ago? Well, numismatics fads also happen, eventually peak, then fizzle out in value. Here are three examples from the 1960s. Remember when … Continue reading
Posted in Articles, General News, News
Tagged BU coins, early release coins, fads, first strike coins, numismatics, Pat Heller, rolls
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Gold Demand: A Different View
Most market observers are aware that China is the world’s largest gold-consuming nation. However, a different way of judging the relative strength of gold demand in a country is to express it as a percentage of Gross Domestic Product (GDP). … Continue reading
Posted in Articles, General News, News
Tagged GDP, gold-consuming, Gross Domestic Product, Pat Heller, per capita, World Bank
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A Modest Proposal for the U.S. Mint
Last week Thursday into Friday morning, the U.S. Mint conducted its fourth Numismatic Forum. The location was at the Federal Reserve Bank of Philadelphia, the site where the first such event was held in 2016. Attendance was by invitation only. … Continue reading
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