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Upcoming On the United States Mint Production Schedule

Upcoming On the United States Mint Production Schedule

Since mid-March, the United States Mint’s production schedule for 2020 has been nothing short of touch-n-go. With the COVID-19 pandemic hitting hard in the spring, everything came to a halt at the Mint and throughout the country. It became clear to us and everyone else that we did not know how things were going to shape up for the rest of the year in terms of products. However, as we are now sitting in the middle of the summer months, the Mint has been able to start releasing some products and giving some updates on the when and from where of it all. While the tail end of the year looks to be unknown in a lot of ways, they have given us some dates to look forward to in the coming days and months.

Two days ago on August 18th, the release of the Women’s Suffrage Centennial...read more

Posted in: The Vault Blog - 08/20/2020

100 Greatest U.S. Coins Series: 1796 Liberty Cap Half Cents (With Pole and No Pole)

100 Greatest U.S. Coins Series: 1796 Liberty Cap Half Cents (With Pole and No Pole)

In case we do not say it enough, let us just remind you and ourselves that United States coinage has a very rich history. From the lowest of denominations to the highest, coins represent a special category within numismatics, and the older they are, the better in most cases. When it comes to the very earliest of official United States Mint early coinage, that fact rings even more true.

In our continuing series exploring the top 100 Greatest United States Coins, we take a look at one of the earliest and lowest denomination coins to come from the United States Mint. With author Jeff Garrett and help from Ron Guth, Whitman Publishing’s ...read more

Posted in: The Vault Blog - 08/18/2020

100 Greatest American Currency Notes Series: Redeemable In Gold Coins $5 National Gold Bank Note, Original Series

100 Greatest American Currency Notes Series: Redeemable In Gold Coins $5 National Gold Bank Note, Original Series

If you are not dedicated to the collection, curation, and research it takes to be a real deal paper money collector, things can get overwhelming fast. From early American paper currency encompassing paper money of the first colonies and Continental currency to late 20th-century bank bills and federal notes, the extensive list of series and redeemable notes and much, much more is enough to make anyone’s head spin. But when researchers and scholars actively pursue that particular lane within numismatics and make a list involving all types of currency, you pay attention.

In our first of many more blog editions of the top 100 Greatest American Currency Notes series, we explore an early pick in the roster that occupies a particularly...read more

Posted in: The Vault Blog - 08/13/2020

Evolution of a Denomination Series: Small Cents Part I

Evolution of a Denomination Series: Small Cents Part I

In the mid-1850s, large copper cents were starting to wear out their welcome. It became obvious to many at the United States Mint that they cost more to make and distribute than their circulation and popularity were worth. Mint Director James Ross Snowden found the coins, the half-cents as well, too costly. Besides, his desire to see all foreign coins driven out of the United States economy was high on the list. Spanish colonial silver coins made their way through circulation and having coinage based on the trustworthiness of American financial institutions was an idea that did not go away. With both the large cent problem and the foreign coin circulation looming, the coinage law passed by Congress on February 21, 1857, seemingly resolved both issues...read more

Posted in: The Vault Blog - 08/11/2020

Blank .999 Silver Bullion: The PERFECT Wedding Party Gift

Blank .999 Silver Bullion: The PERFECT Wedding Party Gift

We are currently smack dab in the middle of the wedding season. While presents and a wedding registry might be on the minds of every soon-to-be bride and groom, they cannot forget that they are also on the gift-giving end of things during this exciting time. Before the wedding ceremony occurs, it is best to give both sides of the party a gift to say thank you for their love and support.

While we have a number of perfect silver bullion pieces for gift-giving, may we recommend to all the couples out there that will be walking down the aisle our blank .999 fine silver bullion pieces? Here are a few reasons we think these pieces are...read more

Posted in: The Vault Blog - 08/06/2020

Silver of the Month: 50th Anniversary Silver 1oz .999 Silver Medallion

Silver of the Month: 50th Anniversary Silver 1oz .999 Silver Medallion

Half a century. Five decades. Semicentennial. It does not really matter what you call 50 years. The point is, it is a long time and we mean no offense to anyone who may or may not have already entered those golden years. With everything we have going on in 2020, we very well know that a lot can happen in just a year. Multiply that by 50 and whoa, we are not even sure that kind of time is comprehensible anymore.

Regardless if it is an anniversary or birthday or employment celebration, milestones deserve to be recognized. We truly believe that here at SilverTowne and that is why over the past four years or so, we have designed, produced, and implemented the offering of anniversary medallions. One...read more

Posted in: The Vault Blog - 08/04/2020

The Top 10 Facts You Need To Know About Gold

The Top 10 Facts You Need To Know About Gold

Today’s market is constantly changing, especially with the hand we have been dealt in the face of the COVID-19 pandemic. While precious metals have reached lows and turned into highs we have not seen in a few years, it is important to know about the most popular of elements. Being a leading force in the buying, selling, and production of precious metals and numismatics, it is safe to say that we know a few things.

While we have already covered some of the facts you need to know about silver, we figured that gold was the next best metal to...read more

Posted in: The Vault Blog - 07/31/2020

It's Officially Christmas in July! Introducing: 2020 Christmas Collection

It's Officially Christmas in July! Introducing: 2020 Christmas Collection

July is almost over which means that we are three-quarters of the year in and Christmas is approaching fast! The year has seemingly flown by, even given the unfortunate circumstances that this year has brought us. As always though, the holiday season lends itself to the spread of holiday cheer, and hopefully this year, we find a little more to pass around than usual.

In an attempt to start early with the spread of holiday cheer, SilverTowne has officially released the 2020 designs for our exclusive Christmas Collection. With 20 designs created in-house featuring plain one-ounce, half-ounce, and five-ounce silver, hand-painted enameled silver, and a bronze option, this year’s collection has a little something for...read more

Posted in: The Vault Blog - 07/28/2020

The COVID-19 Pandemic Has Led To A United States Coin Shortage

The COVID-19 Pandemic Has Led To A United States Coin Shortage

The impact of COVID-19 has come down on the world in a number of ways, affecting the way humans interact with one another. Healthwise, we are more fragile than a number of other countries right now. In addition, the socio-economic impact as well as the impact financially has really taken a toll on the American people. One of those ways has resulted in the shortage of United States coins.

If you really think about it, it makes sense. Businesses were shut down and lockdowns were mandatory across the nation in earlier months. In some cases, some were never recovered. While the fight against the virus still continues to this day, it’s impact has ...read more

Posted in: The Vault Blog - 07/23/2020

U.S. Mint Set To Release 2020 Connecticut Reverse Proof $1 Coin

U.S. Mint Set To Release 2020 Connecticut Reverse Proof $1 Coin

The United States Mint recently unveiled the 2020 designs for the next four in the American Innovation $1 Coin program to be released. The designs honor innovators and innovations from the great states of Connecticut, Massachusetts, Maryland, and South Carolina. The first American Innovation $1 coin to be released this year will feature Connecticut and be released in a Reverse Proof finish.

Connecticut’s design on the reverse of the coin features the Gerber Variable Scale. The scale is being depicted in use, increasing a geometric shape by 200 percent which also happens to be simulating the shape of the State of Connecticut itself. Inscriptions on the design read “UNITED STATES OF AMERICA” along the top left of the arc...read more

Posted in: The Vault Blog - 07/21/2020

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