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  • What are coins made out of in the USA?

    • March 3, 2024
    • Category: pennies

    In the United States, the composition of coins has evolved over the centuries. Today, four main types of coins are in circulation: pennies, nickels, dimes, and quarters. Pennies (One Cent):  Since 1982, the U.S. Mint has made pennies from a core of 99.2% zinc and a plating of 0.8% copper. This gives pennies their distinctive

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  • How Much Does a Quarter Weigh

    • February 26, 2024
    • Category: Coins, Currency

    The quarter is a critical part of American currency. Despite its modest monetary value, this coin is a marvel of precise engineering and manufacturing. Each quarter element, including its weight, is standardized and monitored meticulously to ensure consistency and reliability. While it might seem trivial, the weight of a quarter is crucial, contributing to its

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  • Four States Consider Lifting Taxes On Precious Metals

    • February 12, 2024
    • 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?

    • February 3, 2024
    • Category: Buy Gold, 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?

    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

    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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