Author: Sirhc

Gold rebounds as Fed’s new inflation strategy boosts investor appetite

Sirhc

The fallout from the US Fed’s new inflation strategy continued on Friday, with investors finding comfort that policy will remain accommodative. This saw the ANZ China Commodity Index ending the session up 0.2%. This capped off a positive week for commodities, with the CCI rising 0.6%. Industrial metals led the complex, with nickel and copper recording strong gains. Precious metals were also stronger, with gold rising 1.3% over the week. Crude oil gained, sending the energy sector higher. Bulk commodities ended the week lower, as iron ore fell. Agriculture was down over the course of the week.

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1909 Saint Gaudens Double Eagle PCGS MS65+

Sirhc

The Philadelphia Mint struck a smallish production of 161,282 Saint-Gaudens double eagles in 1909, split between the normal date and 1909/8 overdate varieties. A large number of lower Mint State examples surfaced in a European hoard some time ago, but the 1909 remains elusive in MS65 condition, and finer examples are prime condition rarities. This is a highly attractive example with a PCGS population of just 4 with 7 higher.

Offered at $39,675 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

1916-S Indian Eagle NGC MS66+

Sirhc

Highest Graded, Rare and Satiny

The 1916-S is a better date in Uncirculated condition, regardless of grade. Only 138,500 pieces were produced. This was the only ten-dollar issue struck in 1916 at any mint, and no eagle coinage followed until 1920. Thus it’s essential for a complete date set of Indian gold. This is the only example graded higher than MS65 by NGC!

Offered at $54, 750 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

Gold prices slide as bond yields and the dollar firm

Sirhc

Commodity investors await Powell’s Jackson Hole speech

Gold futures on Wednesday edged slightly lower, hovering around the unchanged mark, as a rise in bond yields and the U.S. dollar, both bearish factors for bullion, weighed on precious metals.

The moves come ahead of a highly anticipate speech from Federal Reserve Chairman Jerome Powell, who is expected to provide a more accommodative signal, signaling that the U.S. central bank is willing to embark upon on unconventional way of thinking about rising inflation.

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1830 Capped Bust Dime NGC PF66

Sirhc

NGC and PCGS combined show just seven grading events for Proof 1830 dimes, two of them being cameo examples. And considering that fewer than a half dozen examples are believed to be extant, it’s quite possible that some of the population data is duplicated. This is the only PR66 graded by either service, with none higher. Though not apparent in our images, it’s richly and attractively toned, as well as fully reflective. It also displays some pleasing cameo contrast.

Offered at $60.375 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

What Are You Going To Do As Our Money Dies?

Sirhc

Authored by Adam Taggart via PeakProsperity6.com,

Central banks are killing our currency to protect the already-rich…

In our recent article It’s Time To Position For The Endgame, Chris Martenson explained how the US Federal Reserve and its sister central banks around the world have been engaged in the largest and most egregious wealth transfer in all of history — one that has been drastically exacerbated by the covid-19 pandemic.

The official response, tremendous monetary stimulus by the central banks paired with massive fiscal stimulus from national legislatures, has been pitched as “saving the system”.

Yet, in reality, it has merely served to accelerate the transfer of capital from the public into the pockets of the already-rich.

Anyone with eyes can see how the central banks have abandoned all pretense of monetary fiduciary responsibility and have simply cranked their printing presses up to “maximum”:

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Why Is Gold Valuable?

Sirhc

The value or price of gold has risen since mid-March 2020, reflecting worries across the financial world about how much purchasing power major paper currencies hold. In light of the deep recession caused by the coronavirus pandemic, the world’s most powerful central banks have responded in two ways: with a combination of quantitative easing – essentially money printing – and lowering interest rates (to sometimes even negative rates). The combination of these two monetary actions could possibly lead to inflation. As a result, many people seek gold as a more reliable store of value than normally stable paper currencies.

The Current Basis for Gold’s Value

The price of gold has been rising – as of July 2020 it reached a seven-year high – since major central banks responded to the severe recession caused by the coronavirus pandemic with a combination of quantitative easing and low interest rates. Both initiatives of major central banks aim to support devastated businesses and alleviate widespread unemployment by stimulating economic activity.

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1914 Barber Half Dollar NGC MS66

Sirhc

Better Date, Highest Graded

The 1914 has the lowest mintage of the Barber half dollars at 124,230 pieces, helping to make it one of the key dates in the series. A few hundred examples have been certified through Very Fine. While the population declines in finer grades, the issue can still be located with patience and searching through about MS64. Gems are rare and higher-grade specimens are virtually unobtainable. This is the only MS66 graded by NGC with none higher. Here is an eye-catching, virtually color-free example.

Offered at $13,500 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

1899-O Barber Dime NGC MS67 Star

Sirhc

A Star is Born

The 1899-O Barber dime is neither one of the numerous low-mintage series issues produced to the extent of fewer than 1 million pieces, nor is it anyone’s idea of a key issue within the series for other reasons, given its typical O-mint production of 2.65 million coins. It is however, a conditional and strike rarity. By the time of its production in 1899, the series’ novelty — and fleeting it was — had completely worn off, and few collectors of the era set aside examples of any circulation strikes, regardless of mintmark or lack thereof. Angle your neck either far left or far right for a better view! Each side of this coin shows considerable cameo contrast. In researching it, we discovered that we had auctioned t in our April 2012, Central States sale, lot 5067. 

Offered at $10,975 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

1908-D Indian Half Eagle NGC MS65

Sirhc

Rare First Year of Issue

The Philadelphia issue was the chief beneficiary of public hoarding when Bela Lyon Pratt’s Indian Head half eagle made its debut in 1908, and is readily available in most grades today. Its Denver counterpart, however, boasts a surviving population that is more in line with later issues: The date is available in grades through MS64 but becomes a rarity at the Gem level. In fact, he NGC population is only 7 with none higher.

Offered at $22,750 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.