GMRgold Blog

You may have heard about the great opportunity for investing in precious metals by buying 90% silver. You may even have heard these coins called “junk silver.” The question is, if they’re junk, what’s the point of investing in them, anyway? To help you understand their value and why it makes sense to set them aside, here’s a short primer on 90% silver coins. Definition of 90% Silver Ninety percent silver coins are those that are made of an alloy of 90% silver and 10% other metals. This type...

A highly anticipated public auction was underway on the evening of January 24th, 2013. That night, one lucky buyer would leave Stack’s Bowers Galleries with an unmatchable treasure. In the prestigious New York City auction house, buyers waited anxiously to bid on a rare coin that was expected to sell for more than any other, ever. The coin was a 1794 Flowing Hair Dollar, and it was a coin with a backstory deeply rooted in early American history. America Needed a Dollar The story of the...

The St. Gaudens Double Eagle $20 gold coin has a fascinating history. The double eagle has been hoarded by ordinary citizens and sold by an Egyptian prince for millions. The design is impeccable, and the value is real. It’s a very interesting coin, to be sure, but is it really worth your attention? Here are some great reasons people have for investing in this timeless coin. Beautiful Design The design of the double eagle was sculpted by Augustus St. Gaudens, who was asked to create a design...

A large, heavy, and beautiful coin, the Morgan Silver Dollar holds a special place in the hearts of collectors. Today, both casual collectors and serious numismatists include Morgan’s in their coin collections. The coin was minted for a total of 27 years. How the Morgan Silver Dollar Came to Be The Morgan Silver Dollar was the first U.S. dollar coin minted after the government ended free coining of silver with the Coinage Act of 1873. In 1878, the Bland-Allison Act was passed to prevent the...

In 2008, the Austrian Mint began producing the Austria 1 oz Silver Philharmonic. While the coin is relatively new, the heritage behind it is centuries old. The coin?s design features images that reflect the history of the Vienna Philharmonic orchestra. Mozart and Beethoven, both among the greatest classical music composers, pushed for a professional orchestra in Vienna. However, it was not until 1842 that the Vienna Philharmonic gave its first performance. Otto Nikolai was persuaded to...