The History of Gold and Silver as Currency

 
 

The History of Gold and Silver as Currency

Like many societal advancements, gold and silver currency did not materialize suddenly overnight. Rather, from some of the earliest historical records, precious metals have appeared and played a role in the growing economy. In fact, gold and silver have been long associated with wealth and affluence. From ancient times to present day, follow us on … Continued

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How to Properly Store and Protect Your Coin Collection

1. Leave Items in Their Original Coin Display Holders When collecting certified or graded coins, it is common for Mints and grading companies, such as the Numismatic Guaranty Corporation, to place coins in sealed, clear coin display holders. These holders are designed for more than easy shipping. The packaging is made from high-grade material intended … Continued

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How the Stock Market Affects Bullion Pricing

With top bullion selling for several million dollars, like the 1933 Double Eagle which sold for an astounding $18.8 million in 2021, it is no wonder bullion is a popular option for collectors. While not every bullion coin or bar fetches such a high price tag, it is helpful for collectors to understand how bullion … Continued

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Investing in Silver vs. Gold: Which Is Better?

Throughout history, gold and silver have remained attractive investment choices. While gold typically dominates the conversation, silver has become an increasingly comparable option due to several factors. Explore all the benefits and drawbacks of investing in silver vs. gold, including the best place to buy gold and silver online, with our guide below. Key Factors … Continued

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The Role of Rare Metals in Modern Technology

While gold and silver are often prized for their role as currency, jewelry, and collectibles, the value of these metals in society goes far beyond this. Modern-day advances have found many incredible uses for common metals like copper and rare metals like lanthanum. Tech metals are used for everything from enhancing features to forming the … Continued

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What Are Emergency Issue Coins?

Most governments meticulously plan and prepare an annual plan and budget for what their mints will produce in the coming months. However, sometimes the best-laid plans go to waste when unexpected circumstances arise, even for the government. When unpredictable or devastating events happen, the government may need to step in and make speedy adjustments, leading … Continued

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Key Dates on Coinage: Why They Matter

For centuries, coins of all nationalities have often included dates on their designs. Typically, coins include dates on the reverse or “tails” side. This feature may be an interesting but relatively unimportant fact to the average citizen. However, numismatists know there are key dates for all minted coins that can greatly determine the value of … Continued

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Busting 7 Common Coin Myths

Centuries of minting currency have sparked numerous coin myths throughout history. Though coins themselves may be small, the misconceptions created around them can loom surprisingly large, misleading even the most seasoned numismatists. Don’t let misunderstandings lead to collecting pitfalls. Discover the seven most common myths and the true coin facts behind them in our list … Continued

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The 5 Most Valuable Coin Collections

While many numismatists may get into the hobby for passion or to embrace a challenge, coins also carry monetary value that sometimes greatly exceeds their face value. Age, rarity, condition, completeness, and historical significance all factor into the market value of coin collections. While some avid collectors may amass coins worth a few thousand dollars, … Continued

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Money Rules: The Dos and Don’ts of Cash Handling

Handling money wisely extends beyond daily saving and spending. Understanding the legal ins and outs of cash handling can be the difference between financial success and costly pitfalls. Who can participate in melting coins? Is it illegal to burn money? Learn the answers to these commonly asked questions and more in our comprehensive guide to … Continued

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