The Daily Crux: Van, what’s the state of the rare coin market these days?
Van Simmons: The rare coin market is healthy… It’s very liquid. But we have seen a bit of a shakeout with the price of gold going down. So it’s taken many of these coins out of the so-called “weak hands.” Most of the people left are the strong, longer-term investors.
A look behind the scenes look at how silver coins are struck presented by Endeavour Silver Corp. as part of the Endeavour Silver Series of educational films on all things silver.
This was a sign at an Ashland, Oregon station taken this month implying that if customers were to buy their gas with pre-1964 silver coins then they would only pay .20 of the face value of the coinage per gallon. These coins are now in demand because they have 90% pure silver content and are sometimes referred to as junk silver because they had no collector value at that time. Junk silver is becoming more and more difficult to come by.
One of the most popular modern wealth building strategies is investing in silver coins. When investing in silver coins there are distinctions to be made as all silver coins are not minted equal.
Wealth building strategies that are discussed here involve the direct purchase of silver bullion coins that trade close to spot price and not Read the rest of this entry »
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