Gold and silver
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Gold prices may have come down, but that hasn’t stopped counterfeiters. Apparently they believe it’s still worth their while to manufacture fake gold and silver bars and coins. Last month, MorningMoney.com posted an article about how important it is to know that your gold is genuine. Read Seven Ways to Tell If Your Gold Is Counterfeit here.
The Austrian Mint will issue a 5 euro silver coin celebrating one of the best-known dances of all time, the Waltz. The reverse of the coin depicts a delightful couple dancing the graceful waltz. In the background are the twinkling stars and fireworks, all adding to the festive atmosphere of a waltz. Also on this side of […]
The Austrian Mint will issue the fifth and final coin of the “Crowns of the House of Habsburg” gold coin series. The new coin features the majestic Imperial Crown of Austria. This distinctive crown became widely recognized throughout Europe during the very long reign of the Habsburgs. The obverse depicts the intricate details of the […]
SOUTHAMPTON, PENNSYLVANIA – The demand for precious metals hasn’t been as strong in the United States since the Gold Rush of 1849, but nowadays the “prospecting” is done at auction, and the treasures are purchased in the form of gold and silver coins. Estate specialist Stephenson’s Auctioneers, located in the Philadelphia suburb of Southampton, has […]
COINage readers know well the story of Odyssey Marine’s “Black Swan” project. Doesn’t ring a bell on the main deck of your mind? Odyssey Marine recovered approximately 17 metric tones of gold and silver coins and other artifacts in 2007 from the Atlantic Ocean floor after finding the wreck off the coast of Portugal thanks […]
For Her Majesty The Queen’s Diamond Jubilee in 2012, The Royal Mint has unveiled five new precious metal variations of the only official UK £5 coin struck to mark the historic occasion. Like the Brilliant Uncirculated version released a few months ago, the coins have been designed by Ian Rank-Broadley FRBS to celebrate a regal […]
The Perth Mint has unveiled the biggest, heaviest and inherently most valuable gold coin in the world. Weighing 1,012 kilograms, it is more than a tonne of 99.99 percent pure gold worth more than $53.5 million. Read the whole story here.
So, you’ve purchased your gold. Now what? Well, depending on what form it’s in and how much you’ve purchased, you may need to look at storage options. Some people like the idea of holding metals at home, but that creates security issues. They can be stolen, melt in a fire, or vanish in a tornado […]
On July 18, the price of gold settled at $1,602.40 an ounce. That’s a record for the metal’s market price, but below its 1980 peak after adjusting for inflation. Gold looks more promising by the day because right now, the dollar and euro are both shaky. Investors believe that gold is safe for other reasons, […]