Medal collectors: A treasure chest of new silver issues is coming from the United States Mint

Presidential Medals Start This Year; New Military Program to Begin Soon Medal collectors—you’re in for some treats! As a longtime collector and student of medallic art, I’m excited about two new programs announced in today’s meeting (Tuesday, January 16, 2018) of the Citizens Coinage Advisory Committee (CCAC). Ann Bailey, the Mint’s program manager for numismatics and […]

U.S. Mint’s response to members of Congress lacks commitment

Acting Deputy Director of the U.S. Mint David Motl’s November 17 response to an October 27 letter from U.S. Representatives Frank Lucas (R-OK) and Alex Mooney (R-WV) requesting information regarding the Mint’s efforts to combat the rising tide of counterfeit coins entering the United States lacks commitment. “While the Anti-Counterfeiting Task Force (ACTF) appreciates Acting […]

Bitcoin: Digital bullion, or just digital?

In a recent interview on the “Fast Money Halftime Report,” renowned trader Mark Fisher discussed the similarities between the current hype for the cryptocurrency Bitcoin and the silver rush seen in the late 1970s and 1980s. Fisher attributes Bitcoin’s rapid rise in value to its organic popularity (i.e., no meddling by Wall Street) and massive […]

House proposes repeal of Section 1031 “Like-Kind Exchanges” for bullion investments

Washington, D.C. — Last week, House Republicans released their tax reform bill, which includes a major change to Section 1031 or “Like-Kind Exchanges.” Currently, Section 1031 defers the taxation of gains on the exchange of property as long as the property is held for productive use in a taxpayer’s trade or business. This allows for […]

Professional Numismatists Guild offers three expert tips to avoid gold scams

Following the recent fraud charges filed by the Commodity Futures Trading Commission against a California gold seller, a trade group composed of veteran precious-metals experts is urging investors to take three important steps before making any purchases of gold, silver, or platinum bullion coins or ingots. “To avoid paying too much when you buy, or […]

PMANA requests House Committee on Ways and Means to bring fairness to the taxation of precious-metal coins and bullion

The following press release is courtesy of the Precious Metals Association of North America (PMANA). (Washington, D.C.)—Discussions surrounding tax reform have heightened in recent weeks, and the Precious Metals Association of North America (PMANA) has offered testimony before the House Committee on Ways and Means asking for a change in the Internal Revenue Code that […]

PMANA asks President Trump to include precious metals in efforts to label products “Made in America”

The following press release is courtesy of the Precious Metals Association of North America. (Washington, D.C.)—The White House has designated this week to be “Made in America” week to “honor the amazing American workers and companies who have products that are made in America,” according to a White House spokesperson. American manufacturers produce some of […]

Whitman Publishing releases new gold “toolkit,” GOLD: Everything You Need to Know to Buy and Sell Today

(Pelham, Alabama)—On the Fourth of July, 2017, Whitman Publishing will release a newly updated second edition of its award-winning book GOLD: Everything You Need to Know to Buy and Sell Today, by Jeff Garrett and Q. David Bowers. It is available for preorder online (including at www.Whitman.com) and will be sold at bookstores and hobby dealers […]