rare coins

  1. The Rare Coin Certification Process

    The Rare Coin Certification Process

    At Austin Rare Coins & Bullions, our priority is always making sure that our customers feel informed about their purchases. One of the ways we do this is by offering an extensive collection of certified rare coins online. As a result, you can have a better picture of the condition, authenticity, and rarity of the coins you’re buying. Whether you plan on utilizing them as a short-term investment or a long-term part of your collection, let us walk you through what the certification process entails and means for our rare coins.

    Can Any Coin Be Certified?

    While almost any coin can be submitted to a certification service, there are several scenarios in which doing so would be fruitless o

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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. Four Misconceptions About Rare Coins

    Four Misconceptions About Rare Coins

    When it comes to investing, you’ve probably heard the advice that you shouldn’t keep all your eggs in one basket. While cliché, this is actually a sound strategy for making sure you can benefit from upward trends in multiple markets and avoid drastic losses from a singular downturn.

    If you’re ready to start diversifying your investment portfolio, one of the best ways to do it is by expanding your strategy to include commodities like precious metals. At Austin Rare Coins & Bullion, we specialize in selling ancient coins, gold and silver bullion, and more, which can help you bolster your portfolio or even expand your collection! Today, our team is here to dispel four misconceptions surrounding rare coins, so you can have a better understanding of what you’re investing in.

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  4. Should You Invest in Ancient Coins?

    ancient coin

    If you’ve shopped with Austin Rare Coins & Bullion before, you’re likely well on your way to generating top-notch returns from precious metal investments. But what if you’re interested in the exceptionally rare? That’s where our ancient coins come in, which are an exciting opportunity for investors and collectors alike. In this blog, our team is going to share why acquiring ancient coins might be the right move for you, so read on and check out our store to begin!

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  5. 4 Common Questions About Rare Coins

    4 Common Questions About Rare Coins

    If you’re new to the rare coin industry, you may have a few questions about rare coins and their values. At Austin Rare Coins, we’re here to help collectors, buyers, and sellers alike with their rare coins, and that also means providing valuable insight into the hobby, so we’ve collected four of the most common questions we get asked and their answers so you can get started with all the information you need!

    What Are Rare Coin Values?

    This question doesn’t always have a set answer, unfortunately. While there are certain coins that are well-known to be valuable, such as Buffalo Nickels, there are many coins that fluctuate in value. If you think you have a coin that’s rare and valuable, reach out

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  6. Failed Mint at Cuzco

    Failed Mint at Cuzco

    Gold Cob collectors didn't learn the true story of the failed gold mint at Cuzco (1698-99) until 1964. For years, the truth was hidden in the Mint archives of Spain and Peru.

     

    Prior to 1964 only one 1698 C M Peru 2 Escudos was known to exist. Hence, the 2 Escudo was under extreme scrutiny and reputed as being a fake. Consequently, after the recovery of the 1715 Fleet, everything changed. Most importantly, a small quantity of 1698 C M Peru 2 Escudos were discovered. This totally vindicated the one 1698 coin previously found. In conclusion, it was indeed very real and not a fake. In fact, it was a one year type only struck in Cuzco, Peru. 

     

    The truth revealed that the Cuzco

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  7. Last Province of Canada

    Last Province of Canada

    Many people today are not aware that Newfoundland was independent and its own Dominion. Today, Newfoundland is the last province of Canada. This means it was the 10th and last province added. However, it was formerly known as the Newfoundland Colony. It wasn't until after World War II that it became a province of Canada. In fact, on March 31, 1949, it was easternmost, the tenth, and last province to be added to Canada.

     

    Before it became a Canadian province, Newfoundland was called the "Dominion of Newfoundland." Back in 1907 Newfoundland along with its neighbor Labrador enjoyed the constitutional status like other dominions of the time. This was confirmed by the Balfour Declaration of 1926 along with the Statute of Westminster of 1931.

     

    Newfoundland's independence only survived for 79 years. This was because of severe economic hardship

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  8. 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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  9. King Croesus Renowned Wealth

    King Croesus Renowned Wealth

    King Croesus renowned wealth became synonymous with his own name. The saying "rich as Croesus" originated in reference to his absurd affluence. Subsequently, Croesus reign became associated with the invention of coins as currency. Before Croesus became King, his father Alyattes had already started to mint various types of non-standardized coins. However, Croesus took it one step further. By developing an innovative refining process and standardizing the specific sizes as well as the purity for general circulation, King Croesus advanced both silver and gold.

     

    In other words, Croesus created intrinsic value deriving from a certain quantity of gold or

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  10. Very First Spanish Silver 8 Reales

    Very First Spanish Silver 8 Reales

    To fully understand how the very first Spanish Silver 8 Reales was created you have to understand a little Spanish history. From 1475 to 1500 Spain was in a time of transition. It was the beginning of one of the largest empires in history known as the Spanish Empire or Hispanic Monarchy. In addition, it was the formation of the dynastic union between Isabella I of Castile and Ferdinand II of Aragon. Basically, the king and queen of the Crown of Castile and the Crown of Aragon forming a joint reign. The young couple got married on October 19, 1469. She was 18 years old and he was only seventeen.

    Both signed a document in 1475 called the Concord of Segovia. In short, this is where the real transitioning of power began. In other words, both of them would have the same power in managing their

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