Gold in the News

January 2020

Recent Global Events Are A Wake-up Call

Owning gold and silver is part of every smart portfolio. Just like one of your insurance policies. You have health insurance in case you get sick. You have a homeowners policy in case of flood or fire. Having these policies gives you "peace of mind". Owning gold and silver is a "peace of mind" policy for your investments. Gold is part of current events. Everyone is aware of what is happening in the news, global uncertainty. Gold performed right on...

September 2019

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,...

July 2018

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

After all you only had a perceived profit on a monthly statement, not in real money. So now, while your paper statement reflects profit, and before the profit disappears, take some of that paper profit out of the stock market and put in something else before you lose it. Gold, like bullion gold coins are good. Gold Eagles or other monetized gold coins add privacy like all money because Gold Eagles have a face value that means it is...

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

th and 7th. LA’S jewelry manufacturers were primarily karat gold makers casting assorted goods in 10 and 14kt. Their shops were in the many buildings that made up the jewelry district. They used a lot of gold, figure our customers used about 50 to 100 kilos per day. The kilos they bought were known as jars of shot. This is 24kt .9999 gold in the form of BB’s in the amount of one kilo per jar. This way when...

January 2018

The 1895 Morgan Dollar, King of Morgans

We had a customer purchase one of the finest examples of this coin this week, an 1895 Morgan Silver Dollar in PCGS PR66DCAM, one of 6 known. As an investment why was this a sound bet? According to U.S. Mint records, there were 12,000 Business Strikes produced for circulation for 1895, and 880 Proof coins struck. However, only 75 to 80 of the 1895 Morgans have been accounted for, all of them Proofs. Where did the 12,000 regular non-proof Morgans go? Two of...

Collecting Rare Coins Can Be Fun And Rewarding

Collecting coins can be fun and rewarding. One impression some may have that is incorrect is it is an expensive hobby. It is not. Buying rare coins online from lcrcoin.com offers many inexpensive examples of some great coins. Here are some fitting examples: 1941 25C Washington Quarters PCGS MS67 1940 5C Proof Jefferson Nickels PCGS PR67 1942-S 50C Walking Liberty Half Dollars PCGS MS65 1935-D 25C Washington Quarters PCGS MS64 1864 1C L On Ribbon BN MS Indian Cents PCGS AU55 1921-D S$1 Morgan Dollars...

Why Are MS70 And PR70 Coins So Special?

We sell a lot of coins that are offered on our site, lcrcoin.com as well as other popular platforms. 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, the Mercanti signed Silver Eagle, the American Gold Eagle, the American Gold Buffalo, the Chinese Panda and of course rare United States Mint coins. Rather than focus on...