Tagged: Portland

When is a $10 Bill Worth $500,000?

Billy Baeder’s late father purchased a 1933 $10 silver certificate for about the price of a compact car when Baeder was still a teenager. As he grew up, Baeder became a collector himself — and today he owns the most valuable piece of currency printed since 1929. Back in the middle of the Great Depression,… Read more »

Why Wartime Cents Fetch Jaw-Dropping Prices

World War II changed everything in American society. From people moving from farms to cities and women assuming a greater role in the workplace to a shortage of cotton leading to shorter dresses, much of American life was disrupted from 1941–1945. Changes in coinage also led to errors by the United States Mint — and… Read more »

The Extraordinary Sale of Rare Gold, Diamonds and the New $100 Bill

There’s a lot going on in the world of rare coins, gemstones and precious metals. Here’s a roundup of some of the biggest news that we’ve been following the past few months: Brazilian gold ingot sells for nearly $200,000 As we mentioned in a previous post, the 2013 Long Beach Coin, Stamp & Sports Collectibles… Read more »

Titans of U.S. Coinage: The Engraver and the Sculptor

Over the last few hundred years, the United States Mint has produced many coins with striking, unforgettable designs. Collectors the world over treasure these coins and swap stories about the rarest of them, including the 1804 Draped Bust Silver Dollar, the 1933 Saint-Gaudens Double Eagle, and the 1913 Liberty Head Nickel (perhaps the only coin… Read more »

Where Gold Comes From

Gold has been admired and desired by humankind since the dawn of recorded history — from gilded Egyptian funeral masks and golden scepters of forgotten empires to pieces of eight treasured by pirates and bricks of bullion stacked in Fort Knox. Have you ever held a gold coin or gold jewelry in your hand and… Read more »

What You Need to Know About Hyperinflation

There’s been a lot of talk about inflation recently, and what investors can do to protect themselves should the United States enter an inflationary period. Throughout history, investing in gold and precious metals has provided a great hedge against inflation, because when inflation pushes the dollar lower, gold typically increases in price. While inflation does… Read more »

Why the Carson City Mint Was Abandoned

Carson City is only one of seven cities in the past 200 years to be home to a United States Mint. Compared to metropolises such as Philadelphia, San Francisco and Denver, Carson City, located in northern Nevada, seemed both tiny and in the middle of nowhere. But it had something that the other cities didn’t… Read more »

Fast Facts for Buying Bullion

The word “bullion” may conjure up images of pirates pillaging treasure chests or the military patrolling the golden bunkers of Fort Knox — but bullion isn’t just for the criminal class and the government. In fact, buying bullion is a great way to diversify your portfolio and (often) realize a great rate of return. How… Read more »

Why Serious Coin Collectors Won’t Miss The Long Beach Expo

If you want to see the treasures of the famed Ship of Gold, you’ll need to book your ticket for Southern California later this month. The 2013 Long Beach Coin, Stamp & Sports Collectibles Expo features a display of more than $10 million worth of gold that was recovered from the ship as well as… Read more »

A Hobo (Nickel) Story

The chisel slipped, injuring one of his hands. And the work of Bo Hughes, one of the best-known hobo nickel carvers, was never the same. The Great Depression largely defined the hobo nickel phenomenon. With millions of people out of work and without prospects in their hometowns, many joined the drifter community, hoping to find… Read more »