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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December 13, 2016

1921 90% Silver Morgan Dollar Brilliant UncirculatedSilver is one of four so-called “precious metals” considered as currency by contemporary international standards, the others being gold, platinum, and palladium. Its history as a repository of wealth goes back thousands of years, though. Silver For...

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December 10, 2016

0.5 Oz. Gold American Eagle $25 BU - Random DateYou’ve doubtless heard that “all that glitters is not gold,” but did you know that even things called gold may not be pure gold? Or gold at all. Let’s take a look at the various gold coin metals, including pure gold and more. Alloyed Gold Pure gold ha...

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December 06, 2016

1839 Braided Hair Large Cent in Circulated condition.It’s hard to imagine that half a cent would buy anything, but when U.S. currency was introduced in 1792, one dollar had the purchasing power of over $18 today, making the half cent roughly as valuable as today’s dime. And at a time when a working ...

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November 23, 2016

Uncut Sheet of 32 USA $1 Bills – 2009 SeriesAmong the many things the United States needed to do after gaining independence from Britain was to establish its own money.When a new U.S. Constitution was approved in 1788, it provided for a legislative branch that was to meet in congress in two-year ses...

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November 17, 2016

1976 Proof Set - 6 Coin SetYou don’t have to be a high-roller to collect coins. Sure, there are million-dollar pennies out there, but there are plenty of other collectible coins you can get for barely over their face value. In fact, that’s how most collectors get started. Let’s look at some ways you...

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November 05, 2016

Genuine silver Islamic coins from the Ottoman EmpireThe use of imprinted coins as currency emerged independently in China, India, and the Mediterranean between 700 and 500 BC. Called “money of authority,” the earliest known stamped western coins began spreading throughout the Greek territories in As...

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November 02, 2016

1957-1967 Un Peso Silver CoinsWhen the Spanish first started mining silver in the New World in the 1500s, they used some of it to make crude hand-wrought coins. But as the Spanish real became one of the most widely accepted international currencies, measures were taken to reduce counterfeiting, incl...

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October 27, 2016

After a brief flirtation with unbacked fiat currency during the Civil War, sentiment arose for a U.S. dollar once again backed by precious metals. First, the Treasury issued Gold Certificates starting in 1865, adding Silver Certificates in 1886. The certificates were redeemable in matching coin or b...

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