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Understanding the Value of Silver Coins
- April 27, 2024
- Posted by: Agbaje Feyisayo
- Category: Silver
No CommentsThe intrinsic value of silver coins primarily hinges on their silver content and the current market price of silver. Silver coins, like bullion bars, are considered a tangible asset. This is because they are physical commodities with intrinsic value, which means they will always be worth something, irrespective of economic swings. The face value of
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Wall Street advises caution on gold prices next week
- March 21, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, News
Inflation data significantly influenced last week’s movements in the gold market, but as the week progressed, the focus shifted to the Federal Reserve and the anticipated adjustments in interest rates. Following Wednesday’s Federal Open Market Committee (FOMC) meeting, the Fed’s indication of maintaining three projected rate cuts in 2024 sparked a surge in gold prices.
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Four States Consider Lifting Taxes On Precious Metals
- February 12, 2024
- Posted by: Agbaje Feyisayo
- Category: News
Earlier last month, lawmakers in four states took significant steps toward reducing the tax burden on precious metals investments. In a move aimed at encouraging investments in gold, silver, platinum, palladium, and even copper bullion, legislative proposals in Kentucky and Wisconsin sought to remove state sales taxes. At the same time, Georgia and Kansas focused
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What State has the Most Gold?
When you think about gold in the United States, California likely comes to mind. The state is historically associated with the Gold Rush of 1849, which drew thousands of prospectors and led to the rapid settlement of California. However, while California may be famous for its gold discoveries, other states have the most gold. That
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The 1964 Half Dollar
For many collectors and investors, yesteryear coins possess an allure unmatched by modern minting. One such coin is the 1964 half dollar, a piece mired in historical significance and tangible value. This article delves into the captivating details of this particular coin, shedding light on its history, value, and why it remains sought after even
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What is the Petrodollar?
- August 8, 2023
- Posted by: Agbaje Feyisayo
- Category: Financial institutions
The term ‘petrodollar’ was coined in the 1970s after the Bretton Woods collapse when a system was established to sell oil in U.S. dollars exclusively. This system has immense implications for international trade and the global economy. The petrodollar system originated from agreements between the U.S. and Saudi Arabia which were later extended to the
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Indian Head Penny
- July 17, 2023
- Posted by: Agbaje Feyisayo
- Category: Precious Metal, Uncategorized
The Indian Head Penny, a widely cherished coin among collectors and historians, holds a unique place in American numismatic history. Named for its captivating design depicting Liberty in a Native American headdress, the Indian Head Penny was minted from 1859 to 1909, a period that witnessed considerable changes in American society and economy. Indian Head
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