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History

  • Silver Helps Detect Disease

    Silver is an invaluable property in the medical field. Humans have known about silver and its natural antimicrobial properties for thousands of years reports Silver Sinus. The Phoenicians used silver bottles to store their water in order to prevent it from spoiling, and that was back in 1200 BC. Whi...
  • The Golden Buddha: The World's Largest Gold Statue

    Where do you think the world's largest gold statue is located? If you guessed Chinatown, Thailand, then you are correct. The statue is called the Phra Sukhothai Traimit, or the Golden Buddha. It is made with 5.5 tons of solid gold and stands nearly 10 feet tall, according to Thaiways Magazine. Loca...
  • Three U.S. Gold Mines to Visit

    Looking for a vacation that's a little different from the usual surf and sun of the beach? Consider taking your family to learn about the history of gold mining in the United States. It is the perfect vacation for the gold enthusiast in your life and a great way to learn more about the gold industry...
  • A timeline of gold history

    Gold has been a sign of wealth for centuries. It has encouraged people to cover great distances in search of it and was a long-time standard of currency. Today, it continues to be of great value, and people everywhere are interested in collecting gold coins and investing in gold stock. Gold is not o...
  • Nevada Gold Exploration Made Even Easier

    Americans typically think of the Wild West when it comes to gold mining. Nevada is not only home to the gold and glitz of the casinos and luxury resorts that make up Las Vegas - Nevada is also the center of American gold mining. More gold has been mined from Nevada during the last 50 years than a...
  • What is Spot Price?

    The spot price is the price that is quoted for immediate payment and delivery of a commodity, a currency, or a security. However “immediate” has a different meaning than in normal usage. Since these trades are generally—especially for commodities—dealing with large quantities of an item, in...
  • Who is Augustus Saint-Gaudens?

    Born in Ireland, Augustus Saint-Gaudens moved to New York City with his family before the age of one. From this beginning, he went on to become not only one of the greatest American sculptors of all time but also perhaps the most influential coin designer in American history. Raised in New York C...
  • Gold Confiscation of 1933

    What Was the 1933 Gold Confiscation? Amidst the Great Depression, the United States government decided to remove itself from the gold standard. Many individuals and foreign governments had started converting their currency to gold, which restricted the American supply of circulated currency. So, on...
  • What Are Gold Ingots?

    Gold ingots are large gold bars that have been created by pouring molten gold into a mold and allowing it to solidify. Gold ingots are the heaviest of gold bars and are referred to as “cast.” This is compared to smaller bars, which are referred to as “minted.” Casting Gold isn’t the ...
  • Where Are Coins Minted in Canada?

    Canada has two mint locations: The Ottawa Branch and the Winnipeg Branch. Unlike the United States, where coins are minted in several different locations, coins in Canada are only minted in two locations: Ottawa and Winnipeg. The history of these locations goes back just over a hundred years to 1...

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