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History

  • Gold Vending Machine is Latest Attraction at Atlantic City Casino

    Fans of gold will definitely be amused to hear that, according to an article in The Press of Atlantic City, a new way to buy gold has become available: via an ATM. Customers can also purchase silver, in the format of their choice: bars, coins and more. The action is happening at the Golden Nugget...
  • The Liberty Head Nickel of 1913: Only 5 of These Rare Coins Ever Minted

    In the world of coin collecting today, one of the most sought after of rare coins is the 1913 Liberty Head Nickel. With only five that are known to have been struck, this incredibly rare coin became the first to ever be sold for $100,000 in the early 1970's - quite a feat considering that it was w...
  • 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...

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