What Actually Makes a Coin Valuable?

What Actually Makes a Coin Valuable?

One of the most frequently asked questions we receive at Los Angeles Gold and Silver is “What actually makes a coin valuable?”  There are a number of answers. There are several factors contributing to the market value of a coin. The simple answer is that any coin is worth what a buyer is willing to pay for it. However, the complexities of the numismatic marketplace go deeper. Rarity is one of the most important factors in establishing the value...

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What Are My Gold and Silver Coins Worth?

What Are My Gold and Silver Coins Worth?

We receive many phone calls each week from people wanting sell coins in Los Angeles. Often times it is a collection of old United States coins that were collected by an older relative and passed down. They will often ask what we are paying for old silver coins, or want to know what their coin collection may be worth. The over-simplification of evaluating the value of a coin collection is a product of the recent rise in precious metals prices....

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Ultra-Rare British Coin Found Among Child’s ‘Pirate Treasure’

Ultra-Rare British Coin Found Among Child’s ‘Pirate Treasure’

Via Weather.com News – – How many of us, when we were kids, played pirate – a plastic sword, an eye patch and a pouch full of fake gold doubloons we could only pretend were liberated from a Spanish galleon? One British man doesn’t have to pretend anymore. The man, who wishes to remain anonymous, recently discovered that the “pirate treasure” he played with as a child contained an ultra-rare coin that may be worth more...

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American Eagle Gold Coin vs $20 Double Eagle Gold Coin?

American Eagle Gold Coin vs $20 Double Eagle Gold Coin?

   As Coin Dealers in Los Angeles, we are often asked by customers who are interested in investing in gold coins which is a better investment when comparing the American Eagle gold coin to the pre-1933 $20 Double Eagle gold coin. For anyone looking to buy or sell gold coins in Los Angeles it is important to understand the distinction between a bullion coin and a numismatic coin. Bullion coins are valued based solely on their precious metal...

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Commodities Sustain Bounce-back, Dollar Swaying Bulls

Commodities Sustain Bounce-back, Dollar Swaying Bulls

From The Bullion Desk: Oct 10, 2016 The copper and gold price posted a minor uptick Monday in the US, although upside remain capped by a multi-month high dollar.  Copper for December settlement on the Comex division of the New York Mercantile Exchange jumped 3.20 cents or 1.5% to $2.1955 per pound. Trade has ranged from $2.1645 to $2.2025.  Comex gold for December delivery rose $9.00 or 0.7% to $1,260.90 per oz. The contract is still hovering...

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