How Much Gold is in Olympic Gold Medals?

How Much Gold is in Olympic Gold Medals?

At Los Angeles Gold & Silver, we are asked all sorts of questions about gold and silver values. The big question on everyone’s mind is the Olympic gold medals! How much gold do they really contain and how much are they worth? According to sources, the medal values are much different than you might think.  In fact, the medals contain more silver than gold!  Check out the latest post here via Kitco and see what those values actually...

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Selling Gold & Silver in Los Angeles, CA

Selling Gold & Silver in Los Angeles, CA

The  first part of the 21st Century has proven to be a “perfect storm” of events for the rise in precious metal prices. Gold in particular is a commodity that is seen as a safe haven for investors in times of war, geopolitical unrest, threats to the supply of oil, and instability in financial markets.  Since the beginning of the new millennium there have been multiple wars in the oil producing middle east, rising tensions between...

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The Intrigue of Coin Hoards

The Intrigue of Coin Hoards

There are times throughout history when a collection of coins is found that electrifies the imaginations of both the general public and the most ardent collectors alike. These large finds are referred to as hoards, a name that implies the coins were hidden away and eventually lost to the world and their owners. The Saddle Ridge Coin Hoard is the name given to the collection of 1,427 gold coins found buried in a rust covered metal can in the...

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History of the Morgan Silver Dollar (The most collected Silver coin in the world).

History of the Morgan Silver Dollar (The most collected Silver coin in the world).

The Morgan silver dollar was produced by the U.S. Mint from 1878-1921. It is composed of 90% silver & 10% copper, and contains just over 3/4oz (.77) of pure silver. The name “Morgan” is derived from the designer/engraver of the original design, George T. Morgan, who was actually not an American but an Englishman. The coin depicts the profile portrait of “Lady Liberty” on the obverse, and a Bald Eagle with wings spread clutching three arrows...

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Are My Items Silver or Silverplate?

Are My Items Silver or Silverplate?

Because Los Angele Gold & Silver is one of the top antique silver buyers in Los Angeles, we receive many inquiries each week from customers seeking to find out whether the silver items they have are pure silver or silver plated? In actuality most “pure” silver items are made of sterling silver which is 92.5% pure silver, with some other metal (usually copper) added for strength. Most items made of silver in the United States since the...

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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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