Blogs

August 2018

Creating a portfolio of certified rare coins, a story of two types of collectors

There are two types of collectors when it comes to rare coins. First is the hobbyist who has enjoyed collecting coins all since childhood. Second is the investor who has discovered the value of adding tangible rare coins to their investment portfolio. The hobbyist has taken pleasure in sorting through coins since childhood. For them it is the hunt and the collection start with what is found. An Indian Cent, a Buffalo Nickel there, a Standing Liberty Quarter and so [...]

July 2018

Why are Mercanti Signed Silver Eagles NGC PF70 Ultra Cameo coins so special?

We sell a lot of coins that are offered on our online site, LCR Coin, (lcrcoin.com). One question we hear often is why is one coin graded a 70 and another not? We hear this in relation to many popular coins we sell online. The American Silver Eagle Signed by Mercanti is probably the most popular and in the highest demand. The providers or services who physically grade the coins and seal them in tamper proof holders that all collectors [...]

LCR Coin New Shopping Tools For Rare Coins Online

LCR Coin is announcing a new addition to our Shopping Rare Coins Online experience. Beginning in July we will be adding links on all products in our Rare Coin Inventory in the description field that are the links to the PCGS and NGC pages for each coin confirming their certificate verification. In addition, there will be other valuable resources available on these pages including Price Guide Values, Mintage, Population and the number of coins that exist in higher grades. We feel [...]

Sell Gold Or Silver Out Of Your IRA Or 401K

Let’s say many years ago or even just yesterday you took retirement funds out of the markets managed by your Custodian such as Charles Schwab, Edward Jones, Fidelity, Vanguard, TD Ameritrade or Merrill Edge. You found a Gold Broker such as Goldline, Lear Capital, Augusta Precious Metals, Noble Gold, Goldco, Birch Gold, APMEX, Monex, GoldSilver, Rosland, Blanchard, American Bullion or JM Bullion who would set you up with a new custodian such as Gold Star, Sterling Trust, New Direction, [...]

June 2018

The Simple Facts About Gold, Rare Coins, Inflation And The Dollar

Numbers out today show inflation rising at the fastest pace in six years. Also, the point has been made that recent gains in income and salaries have been eroded by the increase in inflation. What is the result of higher inflation? Higher inflation is caused by the rise in the cost of goods and the dollar having less buying power. Another outcome of inflation and a weakening dollar has always been a rise in gold price based on the [...]

I want to share a story about something that happened in 1985

This one should be filed under hard to believe or if I wasn’t there I wouldn’t believe it or that wouldn’t happen today. As I said, it was 1985 and I was a gold trader at A-Mark Precious Metals. We were in Beverly Hills at the corner or Roxbury and Wilshire. For this story I should add I drove an old Volkswagen Bug. My primary function at that time had been developing and servicing the jewelry manufacturers in the jewelry district [...]