For those of you new to coin collecting as an investment, an excellent first choice would be the popular Morgan silver dollar. Minted from 1878 through 1904, and then again in 1921, these beautiful coins offer a variety of dates, rarity, and grades to fit any budget.
Named after its designer George T. Morgan, the Morgan silver dollar depicts Liberty on the front of the coin with the motto “E PLURIBUS UNUM” above her head and the date below her. There are also seven stars to her left and six stars to her right around the perimeter of the coin between the motto and the date. The back of the coin features an eagle with outstretched wings. It is also clasping arrows and an olive branch to signify America’s military strength and peaceful intentions. Above the eagle is “UNITED STATES OF AMERICA” and below it are the words “ONE DOLLAR,” and the motto “In God We Trust” can be found between the outstretched wings. Finally, the eagle is surrounded at the sides and bottom by a wreath. All mints except for Philadelphia placed a mint mark at the center bottom of the reverse, between the “D” and “O” of the word “DOLLAR” and just below the center of the wreath. More…
Recently palladium hit its highest price per ounce in ten years, making both buyers and sellers wonder if the palladium price is going to once again reach its heady peak days when it sold for nearly $1100 dollars an ounce.
In January, 2001, palladium reached the heretofore unheard-of price of $1,090 an ounce. On the first day of trading for 2011 – January 3 – palladium reached a high of $801 an ounce. It was bid at a tad less than that – $800.97 an ounce at 11:18 S.A. time. The 2011 price represented an increase of $1.50 an ounce from the last day of trading in 2010, when the price reached $799.50 an ounce in New York. More…