When you go looking for gold, you will usually find items that contain very small quantities of it. You might find a picture frame that is covered with gold leaf, a printed circuit board that has gold-covered contact pins, or a pair of gold-plated eyeglass frames.Read More
Can You Carry Gold Coins and Bullion into the U.S. without Paying Duty? Be Sure to Know U.S. Government Limitations
Let’s say that you have bought some beautiful gold coins or bullion while you have been traveling abroad, and that you want to bring them back with you into the U.S. You might have heard that such items can be freely brought into the U.S. without paying duties.Read More
Urban legends are stories – usually untrue - that are so weird that people keep repeating them and sending them around via email. They tend to take on lives of their own – some people even think they really happened. There are even urban legends about precious metals. Here are three we have heard…Read More
The end of calendar year 2015 is coming up fast, and that means it’s time to think ahead about your IRA and other accounts that will figure when you file your taxes next April. Some people are wondering about putting gold and other precious metals into their IRA accounts. On first thought, that makes sense. Gold prices are low right now, after all, so you’re probably not going to sell gold soon. Why not roll your gold into your IRA and not even think about selling it now?Read More
Have you thought of investing in silver, gold, or platinum bars? If you haven’t, maybe you should. Bullion is one of our favorite precious metal investments. Bullion offers important advantages to serious investors, for a lot of very good reasons . . .Read More
We don’t have a crystal ball that lets us see what precious metals you now own – either in bullion, in materials that you haven’t yet recycled or elsewhere - but we’re willing to guess that most of your metals investments fall into the mid-term category that FINRA defines: you’re going to have them for between three and 10 years, so they should be investments that offer stable long-term growth.Read More
Gold makes different people smile for different reasons. It’s making Rouhani grin because he’ll use gold to cushion his country from recessions, depressions and other economic calamities. And do you know what? Gold can give you a similar level of security too.Read More
If you have been waiting to recycle or sell your gold until trading prices rise, we invite you to consider a Specialty Metals Smelters and Refiners Pool Account. Our Pool Account offers significant benefits, including the ability to sell your gold when prices rise in the future.Read More
Pixies, unicorns, trolls, and hoards of buried treasure only exist in fairy tales, right? If a friend of yours tells you to be on the lookout for any of them it’s time to get a new friend, right?
Well, not necessarily, especially if your friend is talking about buried treasure. As you have probably heard, one of the biggest hoards of buried treasure ever found was discovered in California recently.
Here’s the Story . . .
A couple took their dog out for a walk one day and noticed an old metal can sticking out of the ground on their property. They dug it up and discovered that it was filled with old gold coins that dated back to the 1800s. They then poked around the area and found eight more coin-filled cans. By the time they were done, they had unearthed 1,427 extremely rare American gold coins.
How much are those 1,427 coins worth? Impossible to say right now, because they will be sold gradually over time and gold prices will vary. But when the first coin from the treasure was sold at auction in May, 2014, it fetched $15,000. It was an 1874 $20 Double Eagle. And remember, that was only one of the many coins from the cans.
Kagin’s Rare Coins is helping the couple sell the coins they found. If you visit the Kagin’s website, you can read more about the coins and see some beautiful images of them too.
Old Coins Can Be Worth More than You Think
They can be valuable in two ways – first, as collectibles and second, for the precious metals they contain. Whether you inherited a coin collection, have some old gold coins rolling around in your dresser drawer, or stumble upon an old coin when you are out walking your dog, you could have found something that’s worth more than you think. If you call us at 800-426-2344, we’ll help you decide what your next steps should be.
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