1857-S S.S.C.A. Liberty Double Eagle PCGS/CAC MS65

It’s “Spiked” – Boxed Gem

Spiked Shield variety, boxed with pinch of gold. Shipwreck? – check! Gem quality coin? – check! Strong demand? – check! The sinking of the S.S. Central America off the coast of Carolina in September 1857 and its discovery in the late 1980s/early 1990s accounts for the recovery of more than 5,000 1857-S No Motto $20’s. The issue is widely available in high grades and enjoys tremendous popularity among type collector for that reason.

Offered at $13,455 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

1882-CC Liberty Double Eagle PCGS MS62

Rare Uncirculated

Only 39,140 Liberty double eagles were struck at the Carson City Mint in 1882, a small production total in absolute terms, but just about average in the context of the series, which is known for its low mintages. In fact, no twenty-dollar coins were struck at Carson City in the previous two years. Still, the 1882-CC is definitely elusive in MS62 condition, and finer coins are virtually unobtainable. Only 6 have been graded higher by PCGS, 3 of them being MS62+ examples and none finer than MS63.

Offered at $31,925 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 Rebounds Toward $2,000 After Dollar Drops to Two-Year Low

A worker plunges a gold ingot into a cooling bath at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Co. (UMMC), in Verkhnyaya Pyshma, Russia, on Thursday, July 30, 2020. Gold surged to a fresh record Friday fueled by a weaker dollar and low interest rates. Silver headed for its best month since 1979. , Bloomberg

(Bloomberg) — Gold is rebounding, with Comex futures climbing back to $2,000 an ounce as the dollar weakened and investors bet U.S. interest rates would stay lower for longer.

The dollar dropped to the lowest in over two years, fueling a broad advance in commodities. Spot gold gained more than 3% over the past three sessions, following its first monthly loss since March, as the Federal Reserve’s new approach on inflation added support. That came after a slowdown in buying from gold-backed exchange-traded funds raised concern that a key driver of the metal’s record rally may be losing momentum.

“Now that month end is out of the way, the underlying trends can resume, one of which is a lower U.S. dollar,” said Shyam Devani, chief strategist at SAV Markets in Singapore. “Broadly, the massive increase in global money supply keeps gold in an uptrend.”

READ MORE…

The pros are getting ready for a market crash — retail investors, not so much, top economist warns

‘A large market correction, should one materialise, would encourage more professional selling that could overwhelm the buy-the-dip retail investor.’

That’s Mohamed El-Erian, Allianz’s chief economic adviser, explaining in an op-ed for the Financial Times how action in the options pits should be taken as a warning by retail investors who have been cashing in on the stock market’s relentless push higher in recent months.

“The seemingly endless rally… gives the impression that prices are endorsed and supported by the entire professional investment community,” he said. “After all, despite the vocal concerns over valuations having split away from underlying corporate and economic fundamentals, few fund managers have been willing to challenge the market by placing outright shorts. “

However, “sophisticated investors” are expressing their cautious views with the use of derivatives, and El-Erian says the mom-and-pop types should take note.

READ MORE…

1825 Capped Bust Dime NGC PR65

According to some estimates, only six Proof 1825 dimes are known in all grades. Currently, the NGC population is just three, including this one and one graded higher. And the PCGS population is only one. While not apparent in our images, this example is richly and attractively toned in turquoise hues with traces of violet. The surfaces are fully reflective, including within the reverse shield stripes – a trait that PL business strikes are unlikely to exhibit. This is a truly rare and desirable coin!

Offered at $48,990 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