10 million coins sold

I reported two months ago how how the American market was going wild for a brand new silver bullion coin from Australia. The Australians predicted sales of 5 million units in their first year of issue, but sales have just passed the 10 million mark. The one ounce Silver Kangaroo, issued by The Perth Mint […]

When Sovereigns were produced all over the world

Although the Sovereign is Great Britain’s best-loved coin, few people realise that not all of them were struck in this country. 2016 is the 200th anniversary of the Great Recoinage Act 1816, which resulted in the introduction of the modern Sovereign in 1817, replacing the Guinea. The gold Sovereign reached the height of its prominence […]

As the gold price climbs, so do the number of fakes

Unsurprisingly, with the value of gold soaring unscrupulous types are trying to make a quick buck peddling counterfeit gold in the form of coins. Technology is making them easier to produce and harder to detect. The gold price has jumped by over 40% since the turn of the year, so the precious metal market is […]

43 million times face value – Look at this incredible auction result

The hammer just came down on two of earliest coins issued by the US Mint, with one of them selling for over half a million dollars. The 1 cent copper coins, both dating to 1792, went for a combined total of $869,500 at the auction held in California at the start of the month – […]

Whatever you do with your coins, don’t do this

Earlier this year, a very rare Morgan Dollar sold for $16,450 at auction. You’d think the seller would have been delighted, but it achieved barely half the price of the same coin at an auction in 2014. What went wrong? The coin, an 1892 Morgan Dollar from San Francisco – the rarest Morgan Dollar, had […]

The Million Dollar Sell-out

Sell-outs are always a hot topic in the world and, as I reported last week, the internet has revolutionised the way the world buys coins and greatly impacted the speed of sell-outs, with 10,000 coins selling in under an hour now a reality. That particular sell-out was $1m worth of coins, but why sell 10,000 […]

How the internet changed everything

I reported recently about the incredible 56-minute sell-out of the American Platinum Proof Eagle $100 Coin. Quite simply, that could not have happened 10 years ago, but the internet has hugely accelerated sell-outs. The Platinum Eagle sell-out was one of a number of examples we have seen this year alone where the coins have been […]

You toss a coin into a fountain – where does it end up?

Throw a Penny into a fountain, make a wish and it may come true, but what happens to your coin and the thousands upon thousands that join it each year? Possibly the most famous example is the iconic Trevi fountain in Rome. For generations, people have stood by the fountain and thrown coins over their […]

Why are Americans jumping for this silver coin?

It’s not just gold experiencing a surge of interest right now. The Perth Mint has seen sales of silver coins double in the past year and even they have been surprised by the popularity of a new coin launched back in September. Launched in September, the one ounce Silver Kangaroo was Perth’s attempt to grab […]

A lot can happen in 56 minutes…

At midday on 30 June, The US Mint launched their brand new Platinum Proof 2016 American Eagle $100 coin. By 12:56 that same day, all 10,000 coins had been allocated. What happened next? I’m sure you can guess. The coins start popping up on eBay for a price far higher than the original US Mint […]