GMRgold Blog

Also known as the Uruguay 1930 Constitution Centennial 5 Peso NGC MS-62 Gold Coin, the Uruguay 5 Peso Gold Coin is a highly demanded coin by collectors all over the world. It first made an appearance during the Great Depression for two primary purposes. The Uruguay government launched it to commemorate the 100th anniversary of the republic. Moreover, it was an attempt by the government of Uruguay to boost their declining economy, as the effects of the Great Depression were quite evident in...

The price of US silver coins depends upon several factors, including its rarity and condition. The coin pictured above is the Hawaiian Silver Half Dollar coin, which was sold for over 65,000 US dollars at the Bowers and Merena auction. If you search the web, you will find that many coins have fetched a price higher than their true value. Although the silver content in the majority of such coins is not very high, their price seems to increase at every auction, probably because with every...

If you search the web, you will find that hundreds of coins have been minted in the US. The industry kickstarted in the early 1790s and has been going strong since. However, most of these coins were minted previously using metals such as gold, silver ,and copper, which were then mixed in with other, less valuable metals in a larger ratio. However, out of all the coins that are minted in the US, the one to has gained a substantial amount of popularity is the US Silver Dollar. These coins...

If you are into gold coins, you would probably already be aware of the oddly shaped Augustus Humbert $50 gold coins. These are one of the most expensive coins available on the market. They sold for 290,000 US Dollars in 2011 due to their distinct shape, as they are octagonal (eight-sided). Originally they were supposed to be used by minors and were called 'ingots' due to their heavyweight and face value of 50 US Dollars. With the passage of time, they gained more popularity by the name of...

In 2006, the Central Bank of Sri Lanka issued three commemorative coins on the request of the Ministry of Religious Affairs, Sri Lanka, to mark the 2550 Buddha Jayanthi, or the 2550th anniversary of Buddha. These three coins were of Rs 2000, Rs 1500, and Rs 5. On 11 May 2006, an inauguration ceremony was held for the 2550 Buddha Jayanthi at the Presidential Secretariat, where these coins were gifted to President Mahinda Rajapakse and a few other dignitaries. They became available to the...