Rare US Coins

  1. Rare Coins vs. Bullion — Which Is Right for You?

    Rare Coins vs. Bullion — Which Is Right for You?

    When it comes to investing in precious metals, there are two main types of assets: rare coins (sometimes called “investment-grade coins”) and bullion. While both types are capable of helping you achieve your short-term and long-term investment goals, there are some key differences between the two that you should be aware of.

    In today’s blog, the team at Austin Rare Coins & Bullion is here to help you understand the pros and cons of both rare coins and bullion, so you can feel more confident about choosing the one that’s right for you. Whether you’re looking to secure your financial future through commodities or you’re looking to expand your collection of valuable metals, Austin Rare Coins & Bullion is your trusted source!

     

     

    What Is Bullion?

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  2. SEATED LIBERTY DOLLAR HISTORY

    Seated Liberty Dollar History

    The Seated Liberty Dollar History is very interesting and fraught with many unexpected changes. First of all, the Seated Liberty was designed by its chief engraver, Christian Gobrecht.  At least the obverse side was. Curiously, Gobrecht' soaring eagle design was not used on the reverse. Instead, the heraldic eagle utilized on coins in 1807 was used. This meant the Seated Liberty Dollar was technically designed by two people. Gobrecht and the late Mint Chief Engraver John Reich.

    The Seated Liberty Dollar was struck by the United States Mint from 1840 to 1873. Another unexpected change was the addition of "In God We Trust". It wasn't the first coin to us this phrase,

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  3. Who Were The Thracians?

    Who Were The Thracians?

    When talking about groups of people in ancient times some people wonder "who were the Thracians?" It is curious that many don't know much about them even though they were an Indo-European people who dominated a large area of Eastern Europe. They inhabited what today is modern day Bulgaria, Turkey and Greece. In fact, they occupied this area for much of antiquity.

    We can find some of the earliest literary references of the Thracians from the Iliad. The epic poem of Homer referenced the Trojan War and King Rhesus who was a local Thracian ruler. The problem about Thracians is that they were divided between multiple tribes. They all had their own tribal identity and basically did things differently. Interestingly, The Thracians did not describe themselves by name. The term Thrace and Thracians were names given to them by the Greeks.

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  4. US gold coin redesign

    US gold coin redesign

    US President Theodore Roosevelt was tired of minting the same old gold eagle and double eagle coins. To paraphrase President Roosevelt, the country needed a US gold coin redesign. In short, he had long been complaining that US coins lacked artistic quality. In fact, he decided to hire a private sculptor to create a new design. Augustus Saint-Gaudens was chosen to redesign five denominations of US coinage that could be changed without an Act of Congress.

     

    Roosevelt's broad overhaul of the United States gold coins led to a new Lady Liberty. One wearing a traditional Native American Indian Headdress. In 1907, the new $10 coin with the new Lady Liberty wearing the Indian Headdress was unveiled. The coin became a huge success.

     

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  5. Countermarked Silver Cobb 8 Reales

    Countermarked Silver Cobb 8 Reales

    We are absolutely thrilled to share a very rare Countermarked Silver Cobb 8 Reales coin with you today. In fact, up to this point in time very few people knew coins like this even existed. This coin isn't even known to many historians or the rare coin industry alike. It is quite literally the oldest known official United States Silver Dollar. In particular, it is the only one in private hands with the countermark of PS. 

     

    It’s an absolute wonderful find and a priceless piece of American History. Surprisingly, not many people knew how business was done before the US Mint opened. From the 1600's up to 1792 Spanish colonial silver Reales and gold Escudos were the primary currency used in the colonies. Of course, this changed once the US started minting their own coins.

     

    US regulators confiscate countermark Spanish coins

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  6. How to identify a shipwreck coin

    How to identify a shipwreck coin

    Be careful trying to buy coins that are supposed to be from a famous shipwreck. How to identify a shipwreck coin should be left to the experts. It is hard to determine if a coin is a shipwreck coin just by looking at it. How is the average person supposed to know if a coin was hidden in a shipwreck for over a hundreds of years? Even if a coin is actually from a shipwreck it could be in terrible condition and not worth very much. However, those salvaged in good to excellent condition can be worth a lot of money. Especially, if they are a from a rare date and only a few surviving coins actually exist.

    Austin Rare Coins & Bullion is one of the premier shipwreck coin dealers in the United States. They know how to identify a shipwreck coin. In fact, they specialize in high-end shipwreck coins dating back to 1845. Above all, they only deal in shipwreck coins certified and authenticated by NGC

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  7. Three-Dollar Gold Piece

    Three-Dollar Gold Piece

    The rarest pre-1933 US gold coin is the Three-Dollar gold piece. To clarify, only 539,792 of them were produced according to the US Mint. The reason there were so few made is because the Three-Dollar gold coins were very unpopular. Basically, the public rejected them when they were introduced in 1854. Therefore, only small mintages of these coins were produced from 1854 to 1889. Similarly, They ended production after just 35 years. This total of just over half a million coins were produced at the US Mint facilities in Philadelphia, New Orleans, San Francisco and Dahlonega combined.

     

    Many of these 3 Dollar coins have been destroyed

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  8. Coin Collecting Can Be Profitable

    Coin Collecting Can Be Profitable

    Coin collecting is not only a rewarding and enjoyable hobby, but if done properly, coin collecting can also be profitable. In this report and the video below, we will share some of the most important things to keep in mind when coin collecting. This is in order to maximize the rewards of assembling a profitable collection, regardless of your budget.

     

    • The first thing is to make sure that you’re collecting an area with a solid base of other collectors. You can have the rarest coin in the world, but if nobody else wants it, then it's unlikely to see much appreciation.
    • Make sure you own coins that are attractive. To clarify, a great looking coins will always catch the eye of a potential buyer.
    • Make sure you acquire and own coins t
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  9. Liberty $10 Gold Piece Worth

    Liberty $10 Gold Piece Worth

    The Liberty $10 gold piece's worth is a lot higher than just its face value. The rare coin market has been expanding in the past few years and the price of gold has been going up. The values of those holding onto Liberty $10 gold coins have also gone up. Today, a coin, even if it isn't a very rare one, can easily be worth a minimum of $821! Importantly, these coins are always popular, well loved, and in demand.

     

    However, if the Liberty $10 Gold Piece is a rarer coin, it can be worth much more. In our opinion, Pre-Civil War New Orleans Mint Eagles are undervalued in the current marketplace. Each coin contains just under a half-ounce of gold. They are fundamentally rare and beautiful pieces of US history and money.

     

    Liberty $10 Gold

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  10. Who owns the gold from the S.S. Central America?

    Who owns the gold from the S.S. Central America?

    There is no easy answer regarding who owns the gold from the S.S. Central America. The S.S. Central America, also know as the “Ship of Gold,” sank in a hurricane off the cost of the Carolinas with tons of gold from the San Francisco mint. In addition, there were gold coins, ingots, gold dust, and various bullion coins from the California Gold Rush that went down with the ship. In fact, the enormous loss of gold has been described as the greatest economic catastrophe in all of U.S. maritime history.

     

    I took over a 150 years to find the Ship of Gold sitting at the bottom of the Atlantic Ocean. The ship was located by the Columbus-America Discovery Group of Ohio, led by Tommy Gre

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