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History

  • The 1933 Double Eagle Gold Coin: A Modern Treasure with an Intriguing Heritage

    Infused with an abundance of mystery and known to collectors as one of the most intriguing gold coins in the world, the famed 1933 Saint-Gaudens $20 double eagle has a storied past that is entwined with drama, courtroom battles, greed -- and the quest to unearth hidden stashes of these precious pi...
  • What is Gold Used For? Industrial Uses of Gold

    What is Gold? Gold is an expensive precious metal that prohibits its use in industrial applications simply by chance. It is only used when a less expensive substitute cannot be found. Palladium, platinum, and silver are the closest replacement metals for gold but are not a direct substitute. Becaus...
  • Better Investment: Certified Coins or Bullion?

    One of the first questions you’re likely to have when you start investing in gold is how to decide between certified coins and bullion. Bullion costs less per Troy ounce of gold than certified coins, which could reasonably make you question why to invest more for the same amount of gold. Certif...
  • English Central Bank Secretly Sold Gold Bullion for the Nazis in 1939

    July 30, 2013 -- England’s central bank got its hands dirty back in 1939 selling looted gold on behalf of the Nazi regime, reported the Financial Times. The gold in question had been looted by the Nazis after their 1939 invasion of Czechoslovakia. The gold was valued at 5.6 million British pou...
  • Florida Treasure Hunters Find 300-Year-Old Spanish Gold Coins

    Photo credit: Brent Brisben of 1715 Queens Fleet Jewels Floridian treasure hunters uncovered 48 rare gold coins worth an estimated $250,000 on Saturday, ABC News reported. Then coins were lost at sea on July 31, 1715, when a hurricane sank a fleet of 11 Spanish ships which had recently departed ...
  • U.S. & France to Repatriate German Gold to its Motherland

    German gold reserves stored in American and French vaults will be brought back to Germany, following a decision by the country’s central bank, CBS News reported today. The Bundesbank, Germany’s central bank, is bringing back all 450 tons of gold bullion reserves stored with the Bank of France...
  • 4 Facts About Black Friday And Gold

    Every year, around Thanksgiving, we see and hear a lot of questions about the ties between gold and Black Friday, and whether Black Friday pricing can be found on gold. So we thought we'd cover a few of the basics about how that association started, why you're not likely to see Black Friday discou...
  • The History of Gold, Silver & Bronze Olympic Medals

    The 2012 Olympic Games in London have turned the world's attention once again to the coveted gold medal. The same holds true for the silver and bronze medals which are still admired around the world for what they symbolize. But, what are the metals actually made of? It is interesting to note that ...
  • The Carson City Mint: The Facility Born Because of a Silver Boom

    In February of 1870, the mint at Carson City, Nevada first struck a coin. Instead of one of the Eagle gold coins it would be known for, it was the Seated Liberty dollar that was minted first. Morgan dollars were produced later, but in all, the mint would be active for less than 25 years. However...
  • The Fascinating Design History of Standing Liberty Quarters

    When it comes to rare silver coins, the Standing Liberty quarter is certainly one that has garnered a lot of attention from collectors and historians through the years. This rare coin was produced right after the Barber Quarter, between 1916 and 1930. Its design was not needed at the time, though ...

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