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Silver coins are one of the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver.
Thousands of consumers fall victim to rare coin investment schemes every year, according to the Florida Attorney General’s office, and it’s “not uncommon” for individual victims of coin ...
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
The Silver Eagle coins were sold out in the first week of July 2015. The Mint said its facility in West Point, New York, continued to produce coins and it resumed sales at the end of July 2015. This was the second time the mint's silver coins had sold out in the past nine months. The Mint ran out of 2014-dated American Eagles in November 2014.
Costco recently started selling silver coins for the first time, finance chief Richard Galanti told CNN. The company is selling 25-count tubes of 1 oz. Canada Maple Leaf Silver Coins online for $675.
A new coining press from Germany, the Grabener 1000 press, was installed on March 1, 2010, at the Philadelphia Mint for use in producing the America the Beautiful Silver Bullion Coins. The press provides up to 1,000 metric tons (1,100 short tons ) of pressure for each strike and can produce in excess of 1 million coins per year.
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