Author: Sirhc

1883 Liberty Half Eagle NGC PR65 DCAM

Sirhc

Proof $5 Lib Rarity

The 1883 proof Liberty half eagle claims a mintage of 61 pieces, a notable increase over the previous year, but still a tiny number in absolute terms. Forty examples were issued with the proof sets on February 10 and the rest were struck as individual pieces throughout the year. Unfortunately, the higher mintage just off-set a low survival rate for this issue, and the surviving population is not noticeably larger than those of previous years. Jeff Garrett and Ron Guth note, “There are fewer than 20 coins traceable today, including those in museum collections.” In hand this beauty is more yellow-gold hue than the red-orange seen in our images. The NGC population stands at just 2 with 2 higher.

Offered at $43,300 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.

Gamestop = Tech Bubble 2.0, Are You Ready For What’s Coming?

Sirhc

Stocks have entered a kind of speculative frenzy.

You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer.

The company has been in trouble for months, failing to turn a profit since 2018. And this is happening despite revenues growing.

Because of this, hedge funds have taken MASSIVE short positions in this company, borrowing shares from their brokers to bet that GME’s stock will collapse as the company lurches towards bankruptcy. 

How big were the bets against GME’s stock? Well over 100% of the company’s shares are currently being used by shorts.

Yes, short sellers can technically borrow more shares than actually exist. And that’s where the speculative frenzy comes in.

Individual traders,(not institutional traders or hedge funds),  who are big fans of GME’s business have launched a campaign to trigger a short squeeze in GME shares.

Remember how I said the short sellers had “borrowed” GME shares? Well, this means that they need to return those borrowed shares to their brokers at some point.

The only way to do this is by buying GME’s stock.

As a result of this, GME shares have gone from $20 to over $200 in pre-market trader today. And they’ve done this in the span of two weeks.

READ MORE @ ZeroHedge/Phoenix Capital Research

PODCAST: Juan Carlos Artigas, Head of Research at the World Gold Council, on why gold still glitters in 2021

Sirhc

Episode Description

Gold was one of the market winners of 2020 (with one of the lowest drawdowns over the course of the year), aided by a heightened risk environment, low interest rates, and strong price momentum, factors that show no signs of de-materializing anytime soon in 2021–not even with Bitcoin adherents making a counter-appeal as a safe haven asset. We talked to Juan Carlos Artigas, Head of Research at the World Gold Council, which provides timely insights on the gold market including drivers of demand, supply, and performance, and key attributes of gold as an investment and its role in investor portfolios.

Listen Here @ Spotify/Investable Universe

1908 Motto Saint Gaudens

Sirhc

Double Eagle PCGS PR66

The Philadelphia Mint found it impossible to polish the basined surfaces and high relief devices of the new Saint-Gaudens design in the same manner as the old brilliant proofs of previous years. Accordingly, they adopted an artistic matte, or sandblast, finish for gold proof coins in 1908. After striking, the 1908 proofs were heavily sandblasted with a coarse grain of sand that produced a dark olive-gold patina, with none of the reflective fields and field-device contrast of earlier proofs. The resulting finish resembled that seen on some European medals of the period, but contemporary U.S. collectors much preferred the old brilliant proof finish. Mint records indicate only 101 proof double eagles were distributed in 1908. Remaining unsold pieces were subsequently melted. Probably no more than 60 to 70 examples survive today in all grades. In hand, the color is more of a yellow-gold than the reddish-orange seen in our images. The PCGS population is only 5 with 3 higher.

Offered at $145, 700 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.

1928 Saint Gaudens Double Eagle NGC MS67

Sirhc

Superb, Satiny Saint

As the last date in the Saint-Gaudens series that is generally available in high grade, the 1928 double eagle is frequently tapped for type purposes. This issue is also often well struck, and high-grade examples sometimes exhibit eye appeal that rivals that of many 1923-D coins. Such is the case with this Superb Gem example. Only two have been graded higher by NGC, each of them, MS67+.

Offered at $14,200 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.