A funny thing happens to gold and silver most Decembers. Prices tend to go down and this December may be the best time buy gold and silver since last summer. Prices for both metals have been on a slight downward trend, from a high of $1549 on September 3 for gold to $1460 as this article is being wr...
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The motto “In God We Trust” has been on US money for so long that most people don’t even notice it. But why is it there at all? Doesn’t it violate the Establishment Clause of the First Amendment to the Constitution? The one that prevents the government from making laws that establish a national reli...
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The Irish have their leprechauns and the Scots their brownies, mischievous little pranksters who often guarded great treasures. But the Cornish miners had an imp of their own, two-foot-tall creatures with big heads and white whiskers called tommyknockers. Said to live deep in the mines and taunt the...
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Ghosts and goblins are everywhere come Halloween night. But you won’t have to worry about werewolves if you have a silver bullet handy. Long favored by Hollywood lycanthrophobes and Lone Rangers, a .999 pure silver bullet propped in your window will give wolfmen and other beasts and bad guys fair wa...
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As interest in the gold and silver bullion markets rises (along with prices), we thought our readers would benefit from an understanding of the terms they will encounter as they explore the various places bullion is traded.
Glossary of Bullion Terms
Ask Price
T...
The Numismatic Guaranty Corporation® (NGC) has certified one of the first 10 Morgan Dollars struck by the San Francisco Mint in 1878. The US demonetized silver in 1873 and the popularity of silver dollars dropped dramatically in favor of the more convenient paper currency introduced after the Civil ...
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The recent death of longtime dictator Robert Mugabe reminds us of the effects politics can have on the value of money. It’s bad enough when ostensibly well-meaning policymakers fiddle with a nation’s economy and money supply, but when despotic regimes dictate programs in their own interests, economi...
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One of only two known examples of a 1975 proof of the Roosevelt dime released without a mintmark will go on the auction block September 6 at the Long Beach Coin and Currency Expo. The live and proxy bidding is part of a Signature Auction of US coins conducted by Heritage Auctions. The Wrong ...
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In 1951, notorious bank robber Willie Sutton (may have) told a reporter that he robbed banks “because that’s where the money is.” Whether he said it or not (Sutton denied it), he had a point.
Those days if you wanted cash, legally or otherwise, you went into a bank. While they still have bund...
