There was a time in history that gold ownership was outlawed for many Americans. In 1933, Executive Order 6102 confiscated gold from citizens. The order was controversial and upset many people, and was finally repealed after decades in 1974. Executive Order 6102: Did You Know? – Video Transcription Narrator: (00:07) Executive…
Welcome to National Coin Week 2020! National Coin Week is held every third week of April. This year, we celebrate with the worldwide release of the Iwo Jima 75th Anniversary coin series and a special coin week sale! National Coin Week 2020 Coin Week wasn’t always the occasion it is today. In 1923, the governor…
The burden of national debt on the American public has the potential to become even heavier. Following a decade of trillion-dollar annual deficits, the Congressional Budget Office projects federal debt will be 98% of the GDP by 2030. By 2049, it is forecasted to be 174% of GDP. Learn more in this episode of USMR…
The Klondike Gold Rush was a massive influx of gold miners to Canada’s Yukon territory and Alaska in the late 1800s. The hazardous conditions of the region made it a very dangerous journey. However, the allure of gold proved too strong to ignore for many. If you’re interested in learning more, watch today’s episode of…
A mint mark is a small letter or symbol that is stamped into a coin as it is being made to identify which mint the coin was produced at. Congress created the mint marking process after the first mint branches were created in 1835. If you’re interested in learning more about mint marking, watch this…
Did you know coins can be edged in more than one way? Precious metal coins can have reeded, milled, grooved, lettered, decorated, or plain edges. Each edging technique has different characteristics that allow for unique coin designs that can be differentiated by look and feel. If you’re interested in learning more about the coin edging…
Coins are classified by applying the official Sheldon grading scale from 1 to 70, with 1 being the worst and 70 being the absolute best possible condition. A higher grade can often result in greater potential profit in the open market. In this episode of U.S. Money Reserve’s “Did You Know?,” we cover the difference…
First minted in 1986, the Gold American Eagle Coin is one of the world’s most popular gold bullion coins, not only for its gold content and iconic design, but also for its historical significance and important role as a portfolio diversifier. Learn more about Gold American Eagle coins in today’s episode of “Did You Know.”…
Have you ever been curious about the various events that lead to the creation of American coins? In today’s episode of U.S. Money Reserve’s “Did You Know?” we follow the 200-year timeline of American Coinage from the first coins ever minted to the famous, modern Gold American Eagle. History of American Coinage: Did You…
Over the years, the United States Mint has designed and struck a variety of precious metal coins to commemorate certain people, places, and events. These coins are highly collectible and produced only in limited numbers. If you’re interested in learning more about these coins, watch today’s episode of U.S. Money Reserve’s “Did You Know.” …
S, W, D, P Are these letters an arcane initialism? Secret message? Online coupon code? These letters are none of the above! S, W, D, and P are mint marks you’re likely to see on American coinage. Coin mint marks provide information about a coin that’s important for the following reasons. A Coin’s Mint Mark…
PCGS stands for Professional Coin Grading Service, one of the most respected names in third-party coin certification. Such a distinction means that a PCGS coin label is more than a piece of paper. It’s a guarantee of authenticity, quality, condition, and even satisfaction. If you’re not sure why or how PCGS coins could benefit your…
