Unusual US Coinage. Coins That Have Almost Been Forgotten About.

In 1792 the Philadelphia Mint was built to coin US currency. At the time, Philadelphia was the capital of the United States. It seems like a lot has changed since 1792. With respect to our currency, a lot has definitely changed. For instance, most financial transactions today occur electronically. Conversely, in the 1700s and 1800s, many financial transactions involved coins. Several coins like the dime and the quarter have carried on for use today. However, there are coins that existed, … Read More »

How To Tell If A Coin Is Counterfeit

How To Tell If A Coin Is Counterfeit

Counterfeit coins are very interesting. There are all types of counterfeit coins. There are also a myriad of ways how to tell if a coin is counterfeit. Some ways are easier than others. You see, the more intricate and correct the forgery is, the harder it is to detect. See Our Gold Coins  Following is a more in-depth look at authenticating a US Large Cent coin. The coin is dated 1796. Michael Fahey, a Senior Numismatist, describes in a very … Read More »

Investing in Gold? Gold Is Like A Financial Possum

A possum is a marsupial. Marsupials are rather unusual because they just tend to do things differently. So differently, in fact, marsupials are their own special infraclass of mammals, but more on that in a little bit. Possums are unique unto themselves, even within the exclusive order of marsupials.These very unique and special qualities that set possums apart from other marsupials allow us to draw an analogy between gold and a financial possum. Now, back to marsupials in general and … Read More »

Really Old Gold Coins

Sometimes investments go awry, and when they do, they go awry for a variety of reasons. Maybe mismanagement is one reason for losses, perhaps incompetence is another. Greed, theft and avarice can also be contributing reasons as to why what should have been a good investment ends up returning losses. Technology, real estate, stocks, bonds and mutual funds all have their own way of going broke, and some do so more quickly and spectacularly than others. Really old gold coins, … Read More »

A-Mark Bullion Update

4.14.2016. After holding as support for five consecutive trading days last week, the 50 day moving average in gold finally gave up today. Gold topped out at $1,260 on Tuesday but sold off yesterday and has collapsed today more than $20.  Even yesterday’s geopolitical tension in the form of two Russian fighter jets exhibiting aggressive flight maneuvers near a US military vessel in the Baltic Sea was not enough to stem the selling pressure on gold.   The yellow metal was … Read More »

Coin Grading: The Evolution

Gold Coin Grading

Speaking from common sense, I imagine that coin grading began sometime shortly after coins began being coined. Archaeological findings tell us that coins have been around for thousands of years, and coins of gold and silver quite often date B.C. In any event, coin grading is a development that underwent it’s own evolutions to become a present day science and art of coin grading. By the way, the earliest version of coin grading was quite simple. There were two grades … Read More »

NGC Coin Grading Through ITM Trading

NGC coin grading is a service that is available through ITM Trading. Oftentimes ITM Trading is contacted by clients as well as by people who hear our advertising on the radio, in regards as to how to have a “loose” coin graded. A loose coin is a coin that has not been graded or encapsulated by a grading service such as NGC. In essence few coins have been graded. All of the coins that exist in today’s circulation for commerce … Read More »

Rare Gold Coins vs Exotic Pets

Perhaps to make a comparison between rare gold coins and exotic pets seems a quite unusual comparison to make at first, perhaps after reading this blog article a little further you will see that there are indeed some paths that both of these entities, rare gold coins and exotic pets, take that will eventually cross. For instance, generally wealth of some type or another is needed to acquire both rare gold coins and exotic pets. So, while not every owner … Read More »

Gold Treasure Hunter Finds Iron Bars

A rather famous if not now infamous or perhaps even downright notorious gold treasure hunter has been arrested. Tommy Thompson has had a lifelong dream, nay, compulsion to hunt gold treasure, be it in the form of gold coins, gold bars, or any other form of gold that lay on the ocean floor. Tommy Thompson also made his obsession the daily work of his family members and a well financed dive crew. Tommy’s quest to find gold bars and gold … Read More »

IMF’s Plan for Cashless Society

“Breaking Through the Zero Lower Bound” is an October 2015 study published by the International Monetary Fund (IMF). This research paper presents a new central bank tool that would empower central banks to drop interest rates below zero to “stimulate” the economy, but as a side effect will eliminate peoples’ ability to preserve principal via cash.  Further, it provides a template on how to quickly and invisibly convert the foundation of the global monetary system from a paper money standard … Read More »