Author: Alexandre Laurent
-
1851 $50 Lettered Edge Gold Slug.
In 1851 the need for coins was so great in San Francisco and surrounding gold camps, that the first denomination produced by the U.S. Government sanctioned Assay Offices was $50. These 2 1/2-ounce ingots were quickly absorbed into the booming gold rush economy. By September of 1851 the mass production of $50 slugs by Humbert’s…
-
AMERICA’S LOST TREASURE The S.S. Central America
National treasures—the Crown Jewels of England, King Tut’s Tomb, the Amber Room of Russia—are fascinating not only because they are unique, priceless, and of inestimable value, but also because they are symbolic of the cultures that created them. They are more than just collections of precious metals and gems. Traditional national treasures often represent extravagance…
-
Are old gold coins a good investment?
Throughout history, rare coins have consistently demonstrated the potential for substantial returns, surpassing the intrinsic metal value of the coin. Notably, between 1976 and 1980, elite coins saw an impressive appreciation of over 1,000%, followed by a remarkable 600% increase from 1982 to 1989, as reported by Finest Known, a newsletter specializing in rare coins.…
-
Guide to Collecting Period II California Fractional Gold Pieces.
Many of the collectors that I deal with think that California Fractional Gold is an undervalued area within United States rare coins (as long as one deals with a credible dealer) and nice type sets could actually benefit almost any type of Federal Issue collection. One thing is for certain, there are many “steals” that…
-
Moffat & Co $ 5 and $ 10 gold piece.
Today, coins and ingots made by Moffat & Co. are highly prize by collectors for their historical value. Because the firm was so prolific, and because the coins circulated at par with Federal coinage, there are a relatively significant number of survivors. A well-worn, problem free example of the 1849 $5 Moffat & Co. coins…
-
Sales tax on precious metals in california.
In California, the sales tax on precious metals varies depending on the type of metal and the total amount of a single sales transaction. Here is a breakdown of the tax information based on the search results: It’s important to note that the tax information provided is not a comprehensive description of sales tax laws…