So we know the proposed $1 trillion coin made of platinum was ultimately rejected by the U.S. Federal Reserve and the Treasury. And no, the proposed coin was not going to contain $1 trillion worth of platinum, but let’s consider for a moment, what it would look like if it did… Thanks to a quirky… Read more »
Haven’t we all seen that guy on the beach or in the park — with his socks pulled high and headphones on, swinging a funny contraption over the ground — and thought to ourselves, “that guy won’t find anything! What a waste of time!” Well, maybe we’ve got it wrong. On January 16th of this… Read more »
The story of the U.S. penny begins back in 1787 when the first pure copper half-cent was designed by Benjamin Franklin and manufactured in a private mint. Back then, you could buy a nice plate of eggs and bacon with a few cents, but today a penny doesn’t get you much at all. If you’re… Read more »
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 »
Back in December 1904, three years after he took office, Theodore Roosevelt sent a famous letter to Treasury Secretary Leslie Shaw that ushered in a new age of American coinage. Here’s what he said: I think our coinage is artistically of atrocious hideousness. Would it be possible, without asking permission of Congress, to employ a… Read more »
