Top Rated Mints Of The United States That Yield Coins

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Minting of coins in United States dates back to the late 17th century in 1792. The process began in mints based in Pennsylvania and Philadelphia. However, due to increasing demands, there was tremendous shortage of coins and sufficient currency was not available for public use. As a result, the government adopted appropriate arrangements to introduce additional mints for increased production. Following the discovery of gold in Eastern and Western parts of United States, the government started minting gold coins. By the end of 19th century different mints were established in San Francisco, … [Read more...]

Concerns About Gold Fraud

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With so many gold frauds out in the market today, you need to know which ones to avoid and how to protect yourself.  ITM Trading is here to help. Check into the company and make sure it’s been around for at lest 10 years or more.  With the price of gold rising more and more bogus companies are emerging everyday. The Internet is a great start and tool to utilize along with the BBB.  Read testimonies and reviews.  Remember there are bound to be some complaints because not everyone can be satisfied. Some companies will try to pressure you into sending them money.  Avoid these … [Read more...]

Avoiding Current Gold Scams

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There are many common gold scams out in the market today.  You need to be careful and protect yourself.  ITM Trading is here to help you do that. First, check the history of the company you are interested in.  A well-established, trustworthy company would be in business for at least 10 years if not longer.  Beware new companies with guarantees and promises.  There are quite a few of these pop up companies showing up everywhere. Next, check with the BBB for reviews and complaints.  Just keep in mind even the best well known business will have some complaints cause not everyone can … [Read more...]

American Silver Coin

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American Silver Coin The contents of the Silver Eagle coin, the weight, and purity of the silver are certified by the United States Mint. The US Mint also produces a proof version and an uncirculated version of coin for collectors. The Silver Eagle has been produced at three mints: the San Francisco Mint, the Philadelphia Mint, and the West Point Mint. As mentioned before The American Silver Eagle bullion coin may be used to fund IRA accounts. There are certain criteria that must be met to qualify, but it is not difficult and speaking to a precious metals specialist will give you all of the … [Read more...]

Professional Coin Grading Service

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We are going to write a series of blogs pertaining to one of the worlds rare coin grading organizations, PCGS (Professional Coin Grading Service). In the early 1900s, coin collecting started to gain popularity and the condition of a coin, along with its rarity, essentially determined its value as it is today. Over the years, coin grading has evolved to a system of finer and finer grade distinctions, but in that lied the problem. Coin grading was the often subjective assignment by many different coin dealers. Not every dealer saw every coin the same. When the rare coin market was limited to … [Read more...]

The Oldest Gold Coin In The World

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Even though you can never own this coin, it is no less interesting. The heritage of ancient coins is a subject that intrigues and delights collectors, investors and scholars the world over. The oldest coin available today was discovered in Efesos, an ancient Hellenic city and prosperous trading center on the coast of Asia Minor. The 1/6 stater, pictured below, is more than 2,700 years old, making it one of the very earliest coins. Made from electrum, a natural occuring alloy of gold and silver, the coin originated in the area of Lydia. It had a lion head design on one side only, a result of … [Read more...]

Rarest Gold Coins In The World

rarest gold coins

Finding an exact list of the rarest gold coins in the world may not exist but you can find listings for some of the rarest gold coins that have ever been sold. Most of us will never seen one of these rare gems let alone own one but for some of the wealthiest people in the world it is a reality. Despite the fact that one has to be ridiculously wealthy to be able to purchase one of these rare gold coins, that hasn’t stopped collectors, investors and coin aficionados from appreciating them for not just their value, but most often for their beauty and rarity. The majority of rare gold coins … [Read more...]

The Most Vauable Coin In The World

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The 1933 Gold Double Eagle Was Never Issued: Officially! The Saint-Gaudens Gold Double Eagle coin had been issued from 1907 until 1932.  445,500 Double Eagles had been minted with the date 1933, but none were ever officially released into circulation because of changes made to currency laws during the Great Depression, when President Franklin Roosevelt took America off the gold standard. Not only were no more gold coins to be issued for circulation, people had to turn in the ones they owned. It actually became illegal for private citizens to own gold coins, unless they clearly had a … [Read more...]

A Guide To Buying Gold Coins

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If you’re interested in buying gold coins there are many options to choose from. You first need to understand the differences between gold coins which can be bullion or numismatic.  Each have different benefits and it’s important to know the differences so you can make the best decision according to your needs in order to reach your goals.  Gold can work in your favor if chosen correctly. Bullion: Bullion gold coins are the pure form of a precious metal which are valued by the Gold content.  The bullion market has a spot price that you can find everyday either by using the web or … [Read more...]

Worldwide Economic Crisis is Huge

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Hendrikus Johannes Witteveen who was head of IMF from 1973-1978 recently said in the Financial Times that the worlds financial system could become even worse than in 2008.  He also said it is happening in other developed countries which slows the growth of the worlds economy and rising countries. The Current European debt issues and the crisis of 2008 have made the ECB and the Federal Reserve have fewer options to help and make an impact.  His solution is to allow countries with debt problems to kind of form a safe haven or debt facility that would allow them to borrow funds from stronger … [Read more...]