News

March 2019

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

Many of us were kids when man walked on the moon. 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 [...]

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?

Some recent and current events related to the dollar, stocks and precious metals markets are creating turmoil. Stocks in recent weeks have had days of wild swings as the norm. Losing and recovering huge chunks of market value. Many Americans who have built their nest eggs based on investment companies piling their portfolios in these instruments and have been watching their statement value ebb and flow. Most of these hard-working people have trusted the system to do right by [...]

September 2018

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

I should probably make a better effort to express why building a collection of Gold and Silver Eagles Signed by Ed Moy and John Mercanti makes more sense with LCR Coin as your guide than other companies. 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 [...]

August 2018

Timeline of the history of the San Francisco Mint

In 1849 the California Gold Rush begins. Initially, the gold is shipped across the Country to the Philadelphia Mint to produce coins, a long and dangerous journey. In 1852 Congress approves a California branch Mint In 1854 the San Francisco Mint opens to accept deposits from miners. In November 1874 The Mint outgrows its original small building and moves to a larger facility at 5th and Mission Streets. The building resembles an ancient Greek temple and would become known as the Granite [...]

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 [...]