Great American Coin Co Blog
November 28, 2019

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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February 24, 2017

Pre-1921 90% Silver Morgan Dollar (1878-1904) About Uncirculated Precious metals like silver play an important part in international trade, and when Great Britain’s silver reserves were seriously depleted by a German-inspired run on British silver in India during World War I, the kingdom found itsel...

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February 23, 2017

.999 1/10 Ounce Gold South African Krugerrand When The Republic of South Africa was established in 1961, it chose to have its own national currency instead of continuing to use the South African pound, which was based on the English currency system. They chose to name the new currency the rand, take...

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February 18, 2017

Pre-1921 90% Silver Morgan Dollar in Cull Condition It took a while for prospectors in Nevada to realize how much silver they were overlooking in their search for gold, but once they did, a migration to rival the California Gold Rush began. Starting in 1859, the Nevada Silver Rush lasted about twen...

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January 31, 2017

1864 Two Cent Piece in Circulated Condition Fractional currency—coins or notes worth less than a full dollar—has been around since the earliest days of U.S. monetary production. And while pennies today are mainly used to make small change, for much of our history a few cents would buy things of subs...

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January 28, 2017

1865 Three Cent Nickel in Circulated Condition In 1850, a dollar was a lot of money. Many urban workers made only about a dollar for a day’s work; a farm worker, half that. Unprepared food was priced in pennies per pound and you could buy a simple cooked meal for 5¢ or less. But the half-cent and o...

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January 24, 2017

1867 Shield Nickel in Circulated Condition Lies! Corruption! Scandal! Who would have thought a simple 5-cent coin could be surrounded by so much controversy? The arguments over the 1909 Lincoln Head Penny were tame compared to the subterfuge associated with the production of the nation’s first “nick...

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January 18, 2017

1909 VDB Lincoln Cent - Circulated ConditionControversy over Lincoln’s Portrait The first controversy revolved around what would be on the face of the coin. Until then, U.S. coins had not contained portraits of presidents or other recognizable individuals, one of many precedents set by George Washin...

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January 13, 2017

1909 VDB Lincoln Cent - Circulated ConditionThe U.S. one-cent coin (commonly known as a penny) was one of the first coins struck by the nation’s original mint in Philadelphia in 1793 and has undergone numerous design changes over its 224-year existence. The longest-running series is the Lincoln cent...

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