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How Much is It Worth? Valuing Gems and Precious Metals

Having trouble putting a value on your gems, gold or other precious metals? Check out this video (or read below) on how to value your rare gems and mineral specimens! Remember the Four C’s of Valuing Gems and Minerals: Clarity Color Carat (size) Condition With these you will have no problem putting a higher or

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What are Lathe Rings?

lathe rings on lincoln cent

Lathe Rings Definition: These concentric rings are produced by a lathe which shapes the cone-shaped face of the unfinished working die.  The cone is supposed to be polished smooth before hubbing. If polishing is omitted or inadequate, the surface will remain covered by concentric lathe marks which will not be erased by subsequent hubbing. Concentric rings can be seen

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What are those circles on your coins?

circle mark on coin

Definition: Tiny raised circles, semicircles, and occasionally spirals that are most often found in or near the center of the design.  The imperfections can be found on either face.  First recognized in 2004 cents, these die imperfections have now been found as far back as a 1965 cent and as recently as a 2015 nickel.  Other examples

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Coins of The Obama Era – Bullion Coins

coins of the obama era

Bullion Coins 2016 30th Anniversary American Silver Eagle The popular American Silver Eagle program that launched in 1986 was celebrated in 2016 with the issuance of a special-edition, edge-lettered silver eagle marking the 30th anniversary of the series. The 2016-W proof American Silver Eagle was the first issue to feature an edge inscription with the phrase “30th ANNIVERSARY” on

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Possibly the First US Coin Ever Minted

first us coin ever made minted

In 2013, David McCarthy spotted a rare coin in an auction catalog and immediately had a hunch it was the first coin minted by the fledgling United States of America in 1783. Not the first run of coins, mind you, but the very first one. McCarthy, an experienced numismatist (coin collector) bought the silver coin for $1.18

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Gold Price and Silver Price at Higher Levels

gold

Gold Price and Silver Price Gold and silver prices settled higher on Wednesday for the first time in five sessions but then turned down in electronic trade after the FOMC announced an interest rates increase. Gold for August delivery gained $7.30, or 0.6%, to settle at$1,275.90 an ounce on the Comex division of the New

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American Coins May Have BIG Changes Soon

Coin News

CHANGES IN US MINT Two new pieces of legislation have been introduced (in one instance, reintroduced) to Congress that seek to alter the landscape of our nation’s circulating coinage. COINS Act of 2017 Republican Senators John McCain (AZ) and Michael Enzi (WY) introduced the Currency Optimization, Innovation, and National Savings (COINS) Act of 2017 (S.

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