Author - LCR Coin

October 2019

Why is the 1909-S VDB Lincoln Cent such a sought after coin?

Did you know the VDB on the penny in question are the initials of the engraver who created the Lincoln Cent at the direction of Theodore Roosevelt and his name was Victor David Brenner, VDB? The 1909 is the first year the coin was issued and the years following the 1909 were not produced with the initials VDB, it is the one year that happened. Did you know the Lincoln Cent was the first coin The United States Mint...

September 2019

U.S. Mint Is Stretching The Boundaries Of Coin Production

Looking back at what the U.S. Mint has accomplished this year it is a banner year for coin minting technology. The 2019 releases have all happened under the newest U.S. Mint Director David J. Ryder. Let’s recap some of the highlights so far: • 2019 Apollo 11 50th Anniversary Five Ounce Silver Dollar  • 2019 Apollo 11 50th Anniversary $5 Gold Coin • 2019 Apollo 11 50th Anniversary Clad Half Dollar • 2019 Apollo 11 50th Anniversary Silver Dollar The Apollo coins are...

The Saint-Gaudens Double Eagle Twenty Dollar Twenty Dollar Gold Coin

One of the most popular coins we sell year after year is the Saint-Gaudens Gold Double Eagle. Let’s look at a brief history of this coin, most consider the most beautiful coin produced by the United States Mint. They were produced from 1907 to 1933. The Saint-Gaudens $20 gold coin was the result of President Theodore Roosevelt's desire to beautify U.S. coinage. The coin is named after its designer, Augustus Saint-Gaudens who was also a personal friend of Roosevelt. President...

The American Silver Eagle and the Canadian Silver Maple are Coins of Many Firsts

Every now and again we see a coin launch that from the beginning is very special. The first and obvious indication is seeing these two coins for the first time together. These two coins in these two finishes stand together like a proud pair to be reckoned with. The American bullion coin veteran along side the Canadian bullion coin veteran dressed for a formal event. They are stunning individually but together, that’s where special comes in. Like a set...

The Fed Is Heading Back To Zero

As yields flash recession warnings, global economic slowdowns Deepen, equity markets are on the verge of historic corrections and it seems the Fed is headed back to 0% where do you park your assets to shelter the storm? Ex-Fed boss Greenspan says ‘there is no barrier’ to Treasury yields falling below zero Fed interest rate forecast: Wall Street sees return to near zero Apparently for the foreseeable future there is no money in money. Is it time again for Tangible...

March 2019

Why are the Apollo 11 Coins released by the US Mint so special?

Apollo 11 50th Anniversary coin celebrates this achievement. This happened on July 20, 1969, as Neil Armstrong and Edwin “Buzz” E. Aldrin, Jr. took mankind’s first steps on the Moon. Now these kids are coin buyers in the 50’s and 60’s. Collectibles tend to do best when the potential collector remembers the item from their childhood and the Apollo 11 Coins hit all the marks. Space, coins, history and American accomplishment. Seldom have I seen a Mint launch met with...

December 2018

So, what’s going on with palladium?

Palladium is a rare silvery white metal discovered in 1803 by William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas.  More than half the supply of palladium and its congener platinum is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust into less noxious substances. Palladium is also used in electronics, dentistry,...

October 2018

What Do JP Morgan And John Mercanti Have In Common?

angible Assets, Gold, Silver and Rare Coins and Modern Certified Investment Bullion Coins. In this Trader’s opinion any responsible portfolio would have some of all three groups above. A traditional stock portfolio handled by a traditional investment firm for the good times. Some bullion in the form of US Mint gold and silver coins or bars for the bad times. Some rare coins to represent Private Portable Wealth. Last, some Modern Graded Certified Coins by NGC and PCGS in...

September 2018

Why Collect US Mint Eagles Signed By John Mercanti And Ed Moy

Yes, my opinion is biased but for all the right reasons. I have been in this market a very long time, in fact, longer than the Gold and Silver Eagles have existed. Having a ring side seat to all the major market moments over the last 35 years has not only been fascinating, but also given me an advantage in my career. Do what you say and say what you do. Build relationships not transactions. Help people get what...

PCGS Rare Coin Market Report

We have written many articles that make the point that when you can buy the one best example of a coin that can be had and you can afford. This better coin will always outperform a portfolio made up of quantity over quality. Although the temptation is strong to rely on the latter this article leaves little doubt. I will give a few of the more dramatic examples from the report. It comes down to the difference between “generics”, coins...