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  • Silver dollar minted in 1794 fetches almost $110,000 in Missouri auction

    A silver dollar minted shortly after the American Revolution fetched nearly $110,000 at the October 15 Scotsman's auction in St. Charles, Missouri. The final price for the VF-30 graded coin was $109,250; in total, the auction brought in $1,585,574 with 84.9 percent of the available lots sold. Know...
  • Why was gold so important as a currency?

    Gold has a long and important history as a currency - a medium of exchange, lubricating the wheels of commerce. Why is that, though? What makes gold - as well as its more common cousin, silver - so important to global commerce? First, it's important to understand that anything can act as currency -...
  • India: The World's Most Important Gold Market?

    There's a country that has an enormous impact on the price of gold globally, and therefore, on the U.S. market. India, the world's second most populous nation, is also the leader in terms of gold consumption. In India, yellow metal, also known as, gold biscuits, plays several roles. It's tradition...
  • Demand for one-ounce Gold Buffalo so strong, U.S. Mint ran out

    Need a sign that demand for gold coins is surging in the troubled economic environment? The U.S. government has helpfully provided one. Last month, Reuters reported that the U.S. Mint has run out of 2010 American Buffalo One Ounce Gold Coins. The 24-karat coins are notable for containing an ounce ...
  • Is the Swiss Franc Gold-Backed?

    There's a popular conception that the Swiss franc - one of the few independent currencies left in Western Europe - is backed by gold. Indeed, until the year 2000, the Swiss currency was legally required to be 40 percent backed by the nation's gold reserves. However, a Swiss referendum - the country...
  • The Swiss Gold The PAMP Bar

    For those who are interested in investing in small weight gold bars, the Swiss Produits Artistiques de Métaux Précieux produces one of most recognizable bars in the world. This refinery opened its doors in 1977 refining gold, silver and platinum and can be found in Castel San Pietro. Today they ...
  • The Platinum Noble Of The Isle Of Man

    In November of 1983, the Isle of Man issued the first platinum coin designed specifically for investors. Called the Platinum Noble, this coin weighed on a troy ounce and was made from .9995 pure platinum. The Isle of Man is considered to be under the protection of Great Britain, yet is a free and se...
  • The Platinum Maple Leaf of Canada

    While most of us are more than familiar with the Canadian Gold Maple Leaf bullion coin there is one more coin that only a few investors are aware of. The Platinum Maple Leaf was produced by the Canadian Royal Mint between 1988 and 2002 and then once again in 2009. The first series were availabl...
  • The Early History Of Platinum

    Unlike gold that has been used in one form or another for thousands of years, platinum is considered to be a relative newcomer to the world of precious metals. The native Indians of South America began to work with this metal somewhere around one thousand years ago, but it was not until the 15th a...
  • The Australian Platinum Koala

    Australia was the first major nation to announce that they were going to mint a full one troy ounce and various sub denominations platinum coin. First introduced in 1988 and struck at the Perth Mint, this coin features a low relief image of a Koala bear on the obverse with a picture of Queen Eli...

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