1776 Continental Dollar, Currency, Pewter PCGS AU50

Way Cool

While the origin and purpose of the 1776 Continental dollar has long been an intriguing topic of discussion among numismatists and researchers, Eric P. Newman believed that these coins were American-made. Further, the fact that the Continental Currency paper $1 notes were eliminated from the six issues from July 22, 1776, through September 26, 1778, indicates that Congress planned for a $1 coin, and that the Continental dollar was used as fiat money. Multiple varieties  exist, and varying quantities of coins were struck in pewter, brass, and silver from multiple die combinations and die stages. For every genuine one such as this, there seem to be nearly countless copies, many of which were sold in souvenir shops.

Offered at $43,700 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

1834 Classic Quarter Eagle NGC MS65

A Real Classic

The 1834 remains the most plentiful Classic Head quarter eagle issue in high grade, despite its mintage of little more than 112,000 pieces being significantly lower than the production totals of the following two years. In the years leading up to 1834, gold coinage did not actively circulate in the United States, as the coins contained more bullion value than their face value, prompting individuals to melt the coins down at a profit. In 1834, William Kneass’s design marked a reduction in weight from 4.37 gm to 4.18 gm. The weight reduction returned the gold value of the quarter eagle to its face value, allowing this denomination to once again circulate domestically. This one is sharply detailed and highly lustrous with flashy, semi-prooflike surfaces. The NGC population is just 15 (two of which are star coins) with two higher.

Offered at $37,975 delivered

We do business the old fashioned way, we speak with you.

(800) 257.3253
8:30 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

Were buying unspotted generic slab gold PCGS/NGC

$20 Liberty    PCGS/NGC MS61 @ $1,985 - buy 1-100 coins

$20 Liberty    PCGS/NGC MS62 @ $2,095 - buy 1-100 coins

$20 Liberty    PCGS/NGC MS63 @ $2,190 - buy 1-100 coins

$20 Liberty    PCGS/NGC MS64 @ $2,463 - buy 1-100 coins

$20 Liberty    PCGS/NGC MS65 @ $2,785 - buy 1-20 coins

$20 Saints     PCGS/NGC MS62 @ $2,000 - buy 1-100 coins

$20 Saints     PCGS/NGC MS63 @ $2,055 - buy 1-100 coins

$20 Saints     PCGS/NGC MS64 @ $2,143 - buy 1-100 coins

$20 Saints     PCGS/NGC MS65 @ $2,390 - buy 1-100 coins

$20 Saints     PCGS/NGC MS66 @ $2,805 - buy 1-50 coins

Based on gold bid spot $1,955

Prices will adjust with gold.

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Silver down over 3% on the day as buyers show further signs of exhaustion for now

Silver falls to $23.50 and back under its 100-hour moving average

Silver 30-07

The moves in silver and gold remain a major theme in the market this week and we are seeing further signs of a pullback with silver down by over 3% on the session now.
More notably, price action is starting to break its 100-hour MA (red line) after having twice moved below that but only to hold at that level in the end this week.
If anything, this points to further signs of exhaustion on the part of buyers – for now.
Gold is also down by nearly 1% to $1,951.75 currently as the dollar is keeping firmer.
In the case of silver, there is some support from the overnight low @ $23.34 next but the 28 July low @ $22.31 will be one to watch moving forward if sellers are to try and push for a sharper pullback after the parabolic rise over the past two weeks.

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Precious Metal ETFs Shines in July

Amid rising U.S.-China tensions and worsening COVID-19 crisis, precious metals have become attractive and more appealing to investors. Gold has skyrocketed to an all-time high nearing $2,000 per ounce while silver has jumped to the highest level of nearly $25 in seven years.

The weakness in the U.S. dollar against major global currencies also raised the metal’s attractiveness, as it does not pay interest like fixed-income assets. The Bloomberg Dollar Spot Index is poised for its worst July in decades, having lost 3.9% so far this month. The index is trading at the lowest since 2018. Additionally, massive liquidity injections by central banks across the globe and hopes of further stimulus supported the price of metals.

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Silver to surge above $35 after taking a breather – Credit Suisse

Silver has established its looked for base and has already moved to the first resistance at $26.09/22. Whilst strategists at Credit Suisse look for a pause here, they see scope for further gains ahead, ideally to $35.23/365. 

Key quotes

“Silver has seen an even more dramatic move higher than Gold over the past few weeks, confirming the flagged multi-year base above $19.65, and strength has already extended to our flagged resistance at $26.09/22 – the 38.2% retracement of the entire 2011/2020 bear market and key lows from 2011 and 2012.”

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1796 Draped Bust Quarter NGC XF45

Rare, First and Only Year of Type

The Small Eagle quarter ranks among the rarest silver types. It was struck only in 1796, due to the preference of bullion depositors for the dollar, the largest silver denomination. The mintage was a meager 6,146 pieces. The Spanish Colonial two reales coins were also widely available in the late 18th century and the first half of the 19th century in America and elsewhere, worth 25 American cents and widely accepted as an alternative to the U.S. quarter. The fledgling U.S. Mint, with its limited bullion deposits and meager capacity, could scarcely compete with the pervasive Spanish Colonial coins. NGC has graded only 195 examples (including re-submissions) in all grades combined. 

Offered at $46,000 delivered

We do business the old fashioned way, we speak with you.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

Silver Nears 7 Year High, Closing in on US$30

Silver edged above US$26 per ounce on Monday (July 27), adding more that 31 percent to its value since January.

Safe haven demand and record exchange trade fund (ETFs) inflows have been the primary catalysts for the metal’s sustained growth in Q2. Reinvigorated animosity between the US and China, and concern a second wave of COVID-19 will further weaken the global economy have been key drivers recently.

The white metal is now back in territory unseen since September 2013, with motivators in place to move it higher.

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Gold may eclipse dollar as reserve currency after outsize coronavirus spending: Goldman Sachs

The U.S. dollar’s longstanding status as the world’s reserve currency is at risk after the greenback’s weakening by unprecedented government efforts to shore up the economy during the COVID-19 pandemic, according to Goldman Sachs Group Inc.

Ballooning federal debt levels and a potential shift in favor of inflation at the Federal Reserve amid increased geopolitical hostilities, domestic unrest and an onslaught of new COVID-19 cases are among the headwinds the greenback faces, according to the firm’s strategists.

“Real concerns around the longevity of the U.S. dollar as a reserve currency have started to emerge,” wrote a team of Goldman strategists led by Jeffrey Currie.

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Gold: Set to test $2300 over next 12 months – Citibank

Analysts at Citigroup have revised up their gold-price forecasts across the time horizons, given the latest relentless rise in the yellow metal to fresh record highs of $1981.34.

Key quotes

“Still further to go, short-term target $2,100, then $2,300 in 6 to 12 months.”

“Prices seem biased to stay higher for longer, with 2019-2020 emerging into a unique bull regime for the yellow metal.” 

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