Lessons That Make Cents A circulating coin is a coin used in daily life as money. They are made to “circulate” among people as they take care of their daily business of buying and selling, saving, and collecting. These are the coins you have at home in your piggy bank. Circulating coins show the faces of famous people, most of them presidents. The United States Mint has many lesson plans that use the coins in your pocket to demonstrate key ideas and concepts ...

I have hazy childhood memories of carefully laying out my beautiful late grandmother’s silver spoons with her gently standing over me. Then, as she put on kitchen rubber gloves far too big for me, and as with the brittle smell of silver cleaning fluid recoiling in my small nostrils, I’d begin to meticulously copy her as she polished the household silver items. Back then, people regularly owned silver spoons and possessed precious items of silver around the ...

In the precious metals industry, trust is paramount. That’s why if you own any gold or silver bullion, there is a good chance that it comes from one of the few internationally recognized and reputable mints around the world. In this infographic with JMBullion, we highlight key facts and comparisons on some of the world’s most popular mints, including the United States Mint, the Royal Canadian Mint, Perth Mint, PAMP Suisse, and Sunshine Minting. Some quick ...

Silver is generally known for its use in coins, silverware and of course jewellery. However, today these account for less than 50% of all silver consumption. In fact, silver has a whole host of unique properties that has rendered it the ideal material for a number of industrial uses. Of all the metals, silver is the best thermal and electrical conductor, is both malleable and ductile, able to be flattened into fine sheets and drawn out into thin, flexible wires, ...

Actual value of coins around the world A pocketful of loose change can feel like a pocketful of treasure. Those shiny gold- and silver-colored coins jangle so nicely when there’s plenty of them in reach. Even if coins mostly represent small amounts of money, it’s easy to imagine them as being much more valuable. So how much are they really worth, when you forget about their official value? We’ve all heard stories of pirates with chests of gold and bags of ...

Courtesy of: The Money ...

Considering a precious metals IRA? Buyer beware of home storage IRAs! Gold and silver prices are edging back up and the unethical tactics in the precious metals industry are in full play. We have seen unethical precious metals dealers surface repeatedly over the last couple of decades, and recently a number of these firms have begun marketing a potentially disastrous precious metals IRA scheme known as, “Home Storage IRAs”, “Self Storage IRAs” or ...

Financial lingo disguises how plainly markets function. Most of the terms used are abstract and complex, and sound unreal to many. It is hard to explain why it’s so important to own physical gold in today’s context and why the spot price doesn’t matter that much in determining the real value of gold, without being aware of certain key elements moving the gold market. And it is of the utmost importance to understand some of those elements, if one is to be ...

In the previous blog post, we discussed the various reasons for investing in gold coins, which coins are the best buys for you and popular gold coin options. In this post, we’ll continue to guide you through the other essential factors to consider when buying gold coins for the first time.Where to Buy Gold Coins fromThere are several dealers, brokerage houses and banks from where you can make your first purchase. You can also buy gold coins online as there are ...

Fans of precious metals are familiar with pressed coins, rounds, and bars. These are the standard bullion products you see readily available on the market, often with intricate designs stamped into each face. These products are made by inserting pre-cut metal blanks into a machine that uses thousands of pounds of pressure to stamp them with dies that feature the appropriate designs. These pressed precious metal products have a shiny finish and a uniform ...