CERTIFIED U.S. GOLD ASK INDICATIONS

U.S. GOLD INDICATIONS | CERTIFIED COMMON DATES | “MS61 – MS65”

Certified Mint State aka Un-Circulated U.S. Gold coins and sets were minted from the mid 1800’s to 1933 and have higher profit potential than bullion. These coins are viewed by many as an excellent safe haven and hedge against inflation and stock market volatility. These items trade at their metal basis (melt) value plus a numismatic premium, based on their condition, historical significance, supply and popularity.

Nearing our 25th year trading in this marketplace, our relationships with tier one vendors allows us to offer U.S. Gold at very competitive pricing and in many instances the lowest retail pricing anywhere. If you’re a seller, we are are strong buyers of U.S. Gold and offer a simple and timely process when it’s time for you to liquidate. Be sure to check our Daily Specials posts regarding even better pricing for buy and or sell offerings on selected certified U.S. Gold.

We do business the old fashioned way, we speak with you… Call us M-F 9:00 AM – 5:00 PM CST @ (800) 257-3253. After hours trading is available by appointment.

U.S. Gold provides the same benefits as modern bullion as it is highly liquid, portable, and private.

U.S. Gold affords more profit potential than traditional bullion.

Under current federal law, gold can be confiscated by the federal government in times of national crisis. U.S. Gold is defined as collectibles and as such, rare coins do not fall within the provisions permitting confiscation.

1928 SOUTH AFRICA SOVEREIGNS MS64 NGC

Our special for today is a gold sovereign lot, produced in South Africa – nicer than usually encountered, these are close to gem quality and all have been graded by NGC as MS 64.

5 coins are a minimum here, and a total of 14 coins are available – they are offered at the special price based at the current Gold (Au) Spot Basis of $1,964.

$630 Each ($3,150 per five coin lots); $8,820 for the entire lot (14 coins)

(Prices subject to change with gold markets, as usual) 

Give us a call today to reserve your lots, gold sovereigns have always been a favorite among gold enthusiasts, and the South African issues provide a certain exotic call of the wild –  follow your instincts and graze on a group of these attractive sovereigns today.

Year: 1928
Grade: MS64
Grade Service: NGC
Denomination: 1 Sovereign
Metal Content: 0.2354 troy oz
Purity: .9167
Thickness: 1.52 mm
Diameter: 22.05 mm

Daily Special – Uncertified XF $20 Liberties

We are offering up to 200 XF $20 Liberties at a $30 discount off their published price HERE.  All coins are solid XF’s with a really nice date mix. 

10 coin lot minimum, a total of 200 coins are available, and they are on offer at the special price of $30 off each at the published price of $20 Gold Liberty Head XF Double Eagles here. Currently $2,064.45 based on a Gold spot basis of $1,979.20. (Prices subject to change with gold markets, as usual) 

SECRETARY STATEMENTS & REMARKS

Remarks by Secretary of the Treasury Janet L. Yellen at the Open Session of the meeting of the Financial Stability Oversight Council

Editorial: The Financial Stability Oversight Council was Established in 2010 under the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Financial Stability Oversight Council provides comprehensive monitoring of the stability of our nation’s financial system.

This council is charged by statute with identifying risks to the financial stability of the United States; promoting market discipline; and responding to emerging threats to the stability of the U.S. financial system.

This council may be monitoring and identifying but they aren’t doing anything to reduce excessive government spending which has resulted in a $2.5T annual U.S. budget deficit, a 40 year high inflation rate, and a U.S. National Debt approaching $34T? This is just more of the same nonsensical approach of creating more layers of bureaucracy expense and resolving nothing.

November 3, 2023

As Prepared for Delivery

Our first agenda item is to discuss and vote on the Financial Stability Oversight Council’s analytic framework for financial stability risk identification, assessment, and response, and on the Council’s interpretive guidance on nonbank financial company designations. Before we turn to the presentation, I’d like to explain why I believe it is so important for the Council to achieve greater public transparency and analytic rigor and how these two documents will help the Council do so. 

Financial stability is a public good. The U.S. financial system enables people to make payments, build businesses, save, and manage risks. To fill our needs, it has evolved to be complex, diverse, and interconnected. We rely on it every day, and it has succeeded in supporting American families and businesses, enabling wealth creation and economic growth over generations. But, when it falters, we can experience financial crises that can devastate households and businesses for years afterwards.  

This is where the Council, or FSOC, comes in. Congress created FSOC after the global financial crisis to identify and respond to risks to financial stability. To maintain the strength of the financial sector, we need a nimble but robust structure to monitor and address the build-up of risks that could threaten the system. In the lead-up to the global financial crisis, inadequate oversight led to reckless risk-taking. When large, interconnected financial companies failed in 2007 and 2008, stress spread through the financial system and then to the real economy. The reforms implemented after that crisis substantially strengthened the financial system. And the banking system as a whole remains strong. But recent stresses in some financial sectors arising from the onset of the pandemic and the sudden failures of some regional banks underscore the continuing need to remain vigilant to threats to ensure the resilience of the financial system and our economic strength.  

This is the purpose of the Council, and our two votes today go to the heart of FSOC fulfilling its critical mission. 

Our first vote will be on approving the Council’s analytic framework for financial stability risks. This framework will help the public better understand how the Council goes about its work and how it draws on its various statutory tools to respond to risks. For the first time, it provides a clear explanation of how the Council monitors, evaluates, and responds to potential risks to financial stability, regardless of whether they come from activities, individual firms, or other sources. Under the framework, the Council’s response to a particular risk to financial stability will depend on the nature of the risk. Often, risks emanate from widely conducted activities and can be effectively addressed through action by an existing regulator or interagency coordination. Other times, risks are instead concentrated in one or more specific nonbank financial companies. 

This brings me to the Council’s guidance on nonbank financial company designations. Among the tools Congress gave the Council is the authority to designate a nonbank financial company for Federal Reserve supervision and prudential standards if the company’s distress or activities could pose a threat to financial stability. The guidance we are voting on today will help ensure that the Council is able to use this authority as needed. It describes in detail the procedural steps for the Council’s review of nonbank financial companies for potential designation. These involve rigorous analysis and transparency. The guidance maintains strong procedural protections for companies under review, including significant Council engagement and communication, and provides them with opportunities to be heard. The guidance also affirms that the Council will engage extensively with companies’ primary financial regulators. The guidance also eliminates several prerequisites to designation in place under the current guidance that were not contemplated by the Dodd-Frank Act and that are based on a flawed view of how financial risks develop and spread. And, again, designation is only one of the Council’s tools and is not being prioritized over other approaches to addressing financial stability risks. 

In voting to adopt the analytic framework and guidance, we will increase the transparency of the Council’s work and establish a durable process for the Council’s use of its designation authority, strengthening the Council’s ability to promote a resilient financial system that supports all Americans.  

With that, let me turn to Sandra Lee, Treasury’s Deputy Assistant Secretary for the Council, for the presentation.

$20 Liberty Special – XF Lot

Gold is Down (and So Is Pricing)

Our special for today is a group of 100 US $20 Liberties in XF condition – overall, nicer than usually one usually encounters for an circulated lot – another special group that provides a good vehicle for gold diversification, so go ahead and add a pile of American $20 gold coins to collection today.

tal of 100 coins are available, and they are on offer at the special price of $40 off each at the published price of $20 XF Gold Liberty Head Double Eagles here. Currently $1,979.50 each $9,8975 (5 coin lot) based on a Gold spot basis of $1,819.50. (Prices subject to change with gold markets, as usual) 

HIGH GRADE AUREUS OF CARACALLA

AD 198-217 NGC AU STRIKE 5/5, SURFACE 5/5

Marcus Aurelius Antoninus, better known as Caracalla, was a promising son of emperor Septimius Severus. Born at Lugdunum in 188 AD while his father was governor of the province, his youth was spent as the groomed son and heir apparent of Septimius, and many honors were bestowed upon him at the expense of his brother Geta. After their father’s passing in February of 211, the brothers embarked upon a contentius joint rule that lasted less than a year and ended in the fratricidal murder of Geta.

Caracalla was now free to live out his fantasies as the reincarnation of Alexander the Great, and embarked upon his campaign to conquer neighboring empires, as  Alexander had done centuries before. In 214 AD he commenced war against the Alemanni, a German confederation, and he began to wear the caracallus, a hooded cloak from which his nickname derives.  After successes in this campaign, Caracalla conquered the Danubian Capri, and began preparation for his invasion of Persia, another goal in imitation of Alexander. At Troy, Caracalla sponsored military parades to honor the fallen heroes of the Trojan War and acted out portions of Homer’s Iliad – with himself playing the role of Achilles, the greatest of Greek mythological warriors. Visiting the tomb of Alexander in Alexandria, he sought cures for his illnesses and for reasons unknown, decided to massacre tens of thousands of unarmed citizens.  Now completely unhinged, Caracalla headed east to commence his much anticipated Parthian campaign, but was killed en route to Mesopotamia by a disgruntled soldier who was probably also concerned for his life, his praetorian prefect and successor, Macrinus.

We are fortunate to have on offer today a high grade and rare example of Caracalla’s gold coinage, an aureus in AU condition, graded by NGC.  Superbly centered and lustrous, it features a strong portrait and has the excellent rating of 5/5 for both Strike and Surface.

The aureus is available here for:  $28,250

$20 Liberty Special – AU/CU Lot

Our special for today is a group of US $20 Liberties in AU/CU condition – nicer than usually one usually encounters for an AU lot, these are close to mint quality and provide a good vehicle for gold diversification.

10 coin lot minimum, a total of 50 coins are available, and they are on offer at the special price of:

Our special for today is a group of US $20 Liberties in AU/CU condition – nicer than usually one usually encounters for an AU lot, these are close to mint quality and provide a good vehicle for gold diversification.

10 coin lot minimum, a total of 50 coins are available, and they are on offer at the special price of $20 off each at the published price of $20 Gold Liberty Head Double Eagles here. Currently $2,066.48 based on a Gold spot basis of $1,874.50. (Prices subject to change with gold markets, as usual)