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Category: Silver Collectibles

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Coin Collecting, Coins, Notes, & Bullion, Memorabilia, Other, Silver Collectibles

Grinch coins to be available in time for the holiday

The first officially licensed Dr. Seuss coins depicting the famous green-colored Grinch from the popular book, How the Grinch Stole Christmas!, will be available starting on Friday, November 29.

While the day after Thanksgiving is commonly known as “Black Friday” for its holiday sales, this year the devious Grinch plans to “steal it” and make it “Green Friday” for the launch of his special, green-colorized coins.

The silver coins are 38.6 millimeters in diameter, slightly larger than U.S. silver dollars, and will be exclusively sold by Rare Collectibles TV.

“The Grinch is the first in a series of eight different limited edition legal tender coins depicting adored characters created by Pulitzer Prize-winning children’s books author Theodor Seuss Geisel. RCTV is delighted to be the exclusive distributor for these Dr. Seuss collectibles. It’s not just about collecting coins; it’s about collecting memories, too,” said Jack McNamara, co-founder of Rare Collectibles TV.

Mintage of the one-ounce .999 fine silver Grinch coins will be limited to 5,000, and each is being certified by Professional Coin Grading Service and encapsulated with specially created Dr. Seuss insert labels.

“RCTV’s goal is to keep the mintage figure incredibly low so collectors will own something truly special and rare,” adds McNamara. “Hopefully, Dr. Seuss fans will buy one for their kids, grandkids and maybe even their great-grandkids.”

For the first time since its founding in 1993, Dr. Seuss Enterprises has approved depicting the images of famous characters created by Theodor Seuss Geisel on legal tender collector coins. Geisel (1904-1991) published his first Dr. Seuss children’s book in 1937. He subsequently authored and illustrated more than 60 books, and over 600 million copies have been sold, according to Dr. Seuss Enterprises.

“Royalties paid for the use of the Dr. Seuss characters on the commemorative coins will help Dr. Seuss Enterprises benefit charitable organizations that focus on causes such as education, health, animal conservation, and the arts,” explained McNamara.

The book How the Grinch Stole Christmas! was first published in 1957 and the story has been adapted as television programs and theatrical films.

The obverse of the 2025-dated Grinch coins depict a green-colorized image of the furry Grinch with the humorous motto, “E PLURIBUS FUN ‘EM.” The reverse depicts the house illustration from the book, Oh, The Places You’ll Go!, and will be a common image used on all of the initial, collectible Dr. Seuss coins. The words “Dr. Seuss” are repeated in the background and “ONE DOLLAR 1 OZ .999 SILVER” are along the top and right rim.

A privy mark featuring the emblem from the Fort Sill, Chiricahua, and Warm Springs Apache Tribe is also on the reverse. The Native Americans tribe now based in Oklahoma is the sovereign entity issuing the Dr. Seuss coins that are being struck in the United Kingdom by The Commonwealth Mint & Philatelic Bureau.

Each coin will be accompanied by its own unique certificate of authenticity puzzle piece that when pieced together with the other COAs from each coin in this series will create an image of one of everyone’s favorite Dr. Seuss characters.

“Individual coins will be available while supplies last. We have also launched a Dr. Seuss Coin Club where members can automatically receive each of the eight classic Dr. Seuss character coins, such as The Cat in the Hat, one every other month. In addition, club members can automatically receive a ninth ‘mystery bonus’ character coin as a free bonus gift that will only be available to club members,” explained McNamara. “It is entirely possible that this ninth ‘mystery coin’ could become the rarest one of this first-time ever, limited-edition release.”

BY November 27, 2024
Coin Collecting, Coins, Notes, & Bullion, Gold Collectibles, Memorabilia Collecting, Silver Collectibles

Money Doesn’t Grow on Trees

Almost everyone has heard the adage “money doesn’t grow on trees.” It seems like it has been passed down from generation to generation forever. There is great wisdom in the reprimand behind it. We should all be cautious about the way we spend our hard-earned money.

At the same time, there is a reverse side to the admonishment that is accurate from a numismatic point of view. Several related collector items have been made from wood and deserve a special place in our hobby. They may need a new name that doesn’t suggest they began life as a simple tree, and we should welcome them into our world of numismatic collectibles.  

Good on Paper

I like to think of them as “timber treasures” or “forest friends.” But kidding aside, many of our favorite collectibles are made from wood or wooden by-products. In the broadest sense, paper is often made from macerated tree pulp, and thus, many of our books, stamps, and paper money items should be recognized as having a woodsy origin. It is vitally important to realize this when storing and handling them.  

The original concept of using natural resources for what we today call paper products likely began centuries ago in China, where paper was used for writing, printed materials, and various other practical purposes. Ancient Egyptians used marsh-reed papyrus similarly, and today, the paper manufacturing industry provides us with a vast array of plant-based specialty products catering to our many needs. 

Since the advent of the printing press in the 16th century, most low-cost books have been printed on paper made from either wood pulp or rag linen. More costly items were sometimes made of parchment or animal hide, but because of their stability, storing and handling those are usually not a problem for collectors. 

What concerns numismatists is that wood-based paper products eventually dry out and crumble with age. Linen-based paper is far superior and has a much longer shelf life. This is especially noticeable when comparing 18th-century Continental Currency made from linen with inexpensive wood-based private bank notes of the mid-19th century. Proper handling of all these items is essential for preserving them in today’s often unstable environment. Exposure to some kinds of light can be detrimental, and collectors should take care to keep those items away from bright light for any longer than necessary. Exposure to sunlight can be especially dangerous.

All valuable paper products should be handled with care. This especially applies to rare books, which can be severely damaged unless carefully opened with cloth-gloved hands. Small, flat paper documents and paper money should be stored in archive-quality holders. Polyethylene terephthalate-based Mylar and Mylar-D plastics are considered the most reliable for paper money. I recommend that you avoid vinyl products, which decompose with time.

Non-Paper Collectibles

Of course, books and paper money are not the only wood-based items that appeal to collectors. Many coins, tokens, chits, checks, and medals have been made from wood throughout the ages. It is an exciting challenge to hunt for them among the specialized dealer inventories that can often be found at coin shows. 

Several attractive commemorative medals have been made of compressed wood and are among the most sought-after wooden collectibles. Tally sticks, often made from strips of wood, are also highly desirable, especially those used in medieval England as a pledge of money to be paid to the royal treasury. Many of these were sometimes used in secondary transactions as promissory notes. 

The most common wooden collectibles are the ubiquitous wooden nickels, which abound in every shape and form, from the early “flats” of the 1930s to the round dollar-size pieces seen so frequently today. One of my favorites was issued in 1952 on the anniversary of the so-called “tree” coins of New England. 

So, money might not grow on trees, but trees are essential to the creation of many collectibles that hobbyists love.

BY November 16, 2024
Coin Collecting, Coins, Notes, & Bullion, Other, Silver Collectibles

The History and Significance of the American Silver Eagle Coin

The American Silver Eagle coin is one of the most iconic and sought-after silver coins in the world. First introduced in 1986, this coin has become a staple for collectors and investors alike. Its blend of historical significance, beautiful design, and intrinsic value makes it a fascinating subject for anyone interested in precious metals. This article explores the history, design, and importance of the American Silver Eagle coin, shedding light on why it holds such a revered place in the numismatic world.

The Origins of the American Silver Eagle

The American Silver Eagle was born out of a combination of economic and political factors. The idea of a new silver bullion coin was first proposed in the early 1980s as a way to dispose of the massive stockpile of silver held by the U.S. government. During this time, the federal government had accumulated large quantities of silver, particularly as a result of the Defense National Stockpile Center’s purchasing programs. By the 1980s, it was determined that these stockpiles were no longer necessary for national defense, and a plan was needed to liquidate them.

The result was the Liberty Coin Act, signed into law by President Ronald Reagan on July 9, 1985. This legislation authorized the production of the American Silver Eagle, with the first coins being minted and released in 1986. The United States Mint was tasked with the production, and the coin was quickly embraced by both investors and collectors.

Design of the American Silver Eagle

One of the most striking features of the American Silver Eagle is its design, which combines historical imagery with modern aesthetics. The obverse (front) of the coin features the Walking Liberty design, originally created by sculptor Adolph A. Weinman for the half-dollar coin minted from 1916 to 1947. The Walking Liberty design is widely regarded as one of the most beautiful in American coinage history, and its inclusion on the Silver Eagle pays homage to this classic design.

The obverse depicts Lady Liberty striding towards the rising sun, draped in the American flag, with her right hand extended and a bundle of oak and laurel branches in her left hand. The image symbolizes freedom, strength, and hope, resonating with the ideals of the United States.

The reverse (back) of the coin, designed by John Mercanti, the 12th Chief Engraver of the U.S. Mint, features a heraldic eagle behind a shield, clutching an olive branch in its right talon and arrows in its left. Above the eagle are 13 stars, representing the original 13 colonies. This powerful imagery evokes the nation’s strength and readiness to defend its freedom while also symbolizing peace.

Minting and Specifications

The American Silver Eagle is struck in one troy ounce of 99.9% pure silver, making it a substantial and valuable coin. The coin has a diameter of 40.6 mm, a thickness of 2.98 mm, and a face value of one dollar, although its market value is much higher due to the silver content and its collectible status.

The coins are minted in three different versions: bullion, proof, and uncirculated. The bullion version is intended for investors and is sold at a small premium over the spot price of silver. Proof coins are struck with a high-polish finish and are targeted at collectors, often sold in special packaging. The uncirculated version is also aimed at collectors and features a matte finish.

The American Silver Eagle has been minted at various U.S. Mint facilities, including Philadelphia, San Francisco, and West Point. Each minting location sometimes places a small mint mark on the reverse of the coin, such as a “P” for Philadelphia, an “S” for San Francisco, or a “W” for West Point, helping collectors identify the coin’s origin.

The Significance of the American Silver Eagle

The American Silver Eagle holds significant importance in both the investment and numismatic communities. For investors, it represents a tangible asset that serves as a hedge against inflation and economic uncertainty. Silver has historically been a store of value, and owning American Silver Eagles allows individuals to hold physical silver in a form that is easily recognizable and tradable.

For collectors, the American Silver Eagle is a piece of modern American history. The coin’s design connects it to the broader history of U.S. coinage, particularly with the use of the Walking Liberty motif. Collectors often seek out different versions of the coin, including those with special mint marks, low mintages, or unique finishes, making the Silver Eagle a central piece in many collections.

The American Silver Eagle has also been used to commemorate significant events. For example, in 2021, the U.S. Mint released a special version of the coin to mark the 35th anniversary of the series. This version featured a new reverse design, showcasing an eagle in flight, symbolizing the ongoing legacy and evolution of the coin.

Collecting and Investing in American Silver Eagles

Collecting American Silver Eagles can be a rewarding endeavor. The coin’s consistent quality, combined with its beautiful design and historical significance, makes it a favorite among collectors. Additionally, the wide range of options from bullion to proof and uncirculated versions provides opportunities for both novice and experienced collectors to build a collection that suits their interests and budgets.

For investors, the American Silver Eagle offers a way to diversify a portfolio with physical silver. The coin’s liquidity, coupled with its global recognition, ensures that it can be easily bought or sold in the marketplace. Many investors also appreciate the coin’s role as a hedge against inflation and economic instability, providing a sense of security in uncertain times.

Conclusion

The American Silver Eagle is more than just a silver coin, it is a symbol of American heritage, artistry, and economic resilience. Whether you are a collector drawn to its beauty and history or an investor seeking a reliable store of value, the American Silver Eagle offers something for everyone. Its continued popularity and significance in the world of precious metals ensure that it will remain a treasured piece of American coinage for generations to come.

BY November 4, 2024
Coin Collecting, Coins, Notes, & Bullion, Silver Collectibles

Silver Coins

Why buy gold when you can buy silver?

Silver is a store of wealth but it’s also cheaper and has more industrial uses than gold. If you’re bearish buy gold if you’re bullish buy copper and if you’re confused buy silver. Confusion sums up this environment given negative interest rates and swings in the dollar and markets it seems like now is the time for silver. Silver has been regarded as the poor man’s gold for too long.

The ratio of gold to silver prices is the highest for many years. It’s a great opportunity for investors. Bullion buyers and strategists monitor this ratio as a signal to buy or sell bullion. A lower ratio means gold is a better investment a higher ratio means silver adds more value for your dollar.

The ratio is surprisingly back to where it was in the panic days of the Great Financial Crisis when investors piled into gold. Pre 1900 the gold to silver ratio was stable at 16x. Julian Jessop, head of commodities research at Capital Economics Ltd.in London states silver may climb to US $21 per ounce from the April price of US$16 per ounce. 2018 will be the first time in modern history that silver mining production will drop but demand is expected to increase. Over 50% of demand is from electronics, cars and solar.

Even coin demand is increasing in the USA 44 million silver eagle coins were minted last year compared to 9.2 million in 2000. Canadian maple minted 25 million coins in 2015 compared to 400,000 in 2000.

Negative Interest rates are here to stay and are trigger point to silver price increases. Why leave money in the bank and pay them to hold it for you? I know I’d feel safer with silver under the bed then paying the bank to hold my money.

Silver has been used in coins for centuries.

The ancient Romans made silver coins for the Roman Empire but only Rome was allowed to make silver coins and all the countries that were made part of the roman Empire could only produce bronze, not silver coins.

The British made their pennies before 1797 from silver.

While the ancient Persians ,now Iran made silver coins between 612-330 BC

The Mexican Reales was the most common used silver coin for trade from 1500 to 1800.

The Greeks were the first to use silver coins, the famous Drachmas

Since than, silver has been held in high esteem when used in coins..

All countries have used silver in different percentages in ancient coins

USA coins minted Dime and Quarter coins from 1965 to 2009 have 9.21% silver content.

But after 1965 the USA did not mint any more silver coins till 1985.

The USA had huge stockpiles of silver but depleted these stocks in late 1960s

Some coins have higher silver value today than when the silver coin was made. For example the 1878 to 19212 Morgan Dollar is worth over $10 in silver content alone.

Silver has risen more than gold in the last 20 odd years due to the high demand in industry for silver.

In most corrections silver has doubled the price of gold and that is still true today.

Today more silver is used than mined above ground

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In the infamous Y2K bug people bought vast quantities of silver coins but after the none event most of these coins were melted down.

Even the Romans at the end of their Empire, melted down their silver coins also as the silver value was worth more. now centuries later we are doing the same.

That is the power and history of silver coins.

Today many countries make Commemorative silver coins to mark a special event like Coronation, independence etc.

The Perth mint coins produces pure 99.99% one ounce silver coins which are very popular with collectors

The Australian 1966 0.50 cent coin has 0.3414 troy ounces so its silver content today is over $6.50

SILVER COINS AND GEMSTONES

The Perth mint has had a very successful range of one ounce silver coins in their Treasures of Australia collection

Coins and Gemstones make the perfect collectors series

Each series had a one ounce 99.99% silver coin with one carats of gemstones,Sapphire,Diamond and Opals.

Next in these series are the pearl and gold coin sets.

This series has the famous patented locket design which encases the gemstones in the coins. The coin is set in Jarrah wood top box with a certificate of authenticity.

The series of Treasures was limited to only7,500 coins per series and demand has been so great that the Mint has sold out several times over

The Treasures of Australia coins are also in gold ½ ounce and one ounce gold coins.

To compliment the gemstone and coin range

Treasures of the world have series of coins and gemstones for a collector’s series

As well as coins and gemstones in presentation boxes, gemstones will be available in beautiful cases also .

Gemstones treasures will include Opals ,sapphire, gold , pearls, Rubies ,Emeralds.

South African gold and diamonds series will include uncirculated south African 5 shillings coin and Australian series will include one ounce silver coin kookaburra and Koalas coins with sapphires and opals.

Silver coins are the most popular way to circumvent against price increase and balance selection risk in these turbulent financial times we live in. It has been traditionally been the most reasonable valuable metal

Silver prices have fluctuated wildly over the last decade and this base metal is used now days in many different industries Speculators come and go in the silver market But long term investors should have part of their portfolio in silver coins as they are easy to sell or trade. The western world ha s gone through periods of low inflation and when inflation starts it is good time to increase spending in silver bullion or coins.

Long term silver has been a reasonable investment but the more important strategy is not is silver increase up or down 5% but fact you hold actual silver instead paper so it is a relevant fall back situation for investors Chartist’s can plot when market starts to increase and when potential for down sizing They follow silver production and demand and lately demand has been high for silver in relation to mining But investors who enjoy the advantage of owing should ignore all these marketing hypes and just buy silver each month or each quarter regardless of the spot price Than easy to average your purchase out over several years.

BY October 24, 2024
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