Renowned commodities investor Jim Rogers is buying all the North Korean coins he can get his hands on.
At a recent coin fair in Singapore, an assistant for Rogers purchased 13 rare North Korean coins, typically featuring pictures of Korean generals,The Wall Street Journal reported.
“He wanted to buy more, but we only had 13 left,” a representative of the state-owned Korea Pugang Coin Corp. that sold gold and silver coins at [...]
A judge has ruled that ten rare gold coins worth $80 million belong to the U.S. government and not to a family that had sued the U.S. Treasury, claiming it had illegally seized them.
The disputed coins are among the rarest and most valuable in the world. Known as Double Eagles, each coin was originally worth $20 when they were minted in 1933, although one sold for $7.6 million at a Sotheby’s auction [...]
By Denise Wilson, Staff Writer11:00 AM Friday, February 24, 2012
FAIRFIELD — A weak economy and families struggling to pay bills and put food on their tables is forcing some people to search their homes for gold, silver, coins and unusual items to obtain extra cash.
At JS Gold & Coin, people are selling rare coins like a 1799 silver dollar that is worth about $12,000, a 1883 Carson City silver dollar valued [...]
by David Pierre
Moving 1,000 ounces of gold in one move, would be too risky in my opinion. First, my FBI relative has updated me that the U.S. has no directive to stop the exit of gold or silver as part of the $10,000 in cash allowed by each person to leave the U.S. with. That means that bullion coins and bars are investments as stated by Bernanke and not money.