My Journey from Rare Coins to Precious Metals

I’ve been researching, writing about and handling top rarities in the U.S. coin market for decades. Over the years, I’ve written more than 1,000 market reports, articles and feature stories for most of the major national coin publications in the U.S. It’s been fun to understand the history of those coins and to also be able to examine them in person, like I have!

So far, the highest priced coin to have ever sold at public auction is a 1933 Saint-Gaudens $20 gold Double Eagle. It’s the only one of its kind for the 1933 date that’s legal to own. In a June 2021 auction at Sotheby’s in New York City, the coin brought an astounding $18,872,250…a new world record for a single coin sold at public auction!

The sale of that coin at its record price level has paved the way for more top rarities to sell for increasingly higher prices. I’ve personally examined many such rarities, as my life has been blessed with frequent travel to coin shows, auctions and visits to private collectors nationwide. In doing so, I’ve been able to examine in-person numerous famous multi-million dollar rarities such as the 1933 Double Eagle.

But I’ve also been able to help thousands of average citizens over the years who’ve plucked silver coins out of change, who’ve built their own more modest coin collections, and who’ve inherited collections from fathers and grandfathers. It’s been personally rewarding to me to be able to purchase such coins from people to help them buy cars and houses, pay for expensive dental work, and settle estates, for example.

I still provide services for collector coins and rarities, but I’ve become increasingly concerned about our economy, the escalating federal debt, and inflation. Therefore, I’ve decided to expand the focus of my business to buying and selling precious metals products – mostly gold and silver – in addition to continuing to deal with rare coins.

Miraculously, while the federal debt has continued to climb during recent years, inflation has been kept under control for the past 40 years – until recently! According to experts, our pandemic-fueled federal debt and expansion of that debt since the pandemic, is quickly forcing the debt into unsustainable territory, setting the economy up for much worse inflation ahead.

It’s clear that another financial crisis is shaping up. Numerous experts believe it’s going to lead to runaway inflation in the not too distant future. The more reading I do about this in reliable publications such as The Wall Street Journal, the more alarming the nation’s financial future looks. And it doesn’t seem to make a difference which party is in power, the debt keeps rising!

Owning precious metals in the form of gold and silver is a great way to protect yourself from the eroding purchasing power of the dollar…and to profit from it! Similarly, governments around the world have been selling U.S. dollars and buying gold. This is threatening the dollar’s standing as the world’s reserve currency.

Precious metals are one of the best tangible assets to own that will help you maintain the purchasing power of your savings and investments. And what’s more…in March 2024, the State of Wisconsin, where I live, enacted a sales and use tax exemption for precious metals. This means that Wisconsin residents can now buy gold and silver products from a trusted local expert at a fair price, saving them money.

The recent elimination of the sales tax is one more reason I’ve decided to expand the focus of the services I offer. After a lifetime of buying and selling precious metals in the wholesale market, I can now advise people and do business with individuals in Wisconsin without having to collect the burdensome and costly sales tax.

For most individuals, I recommend owning silver over gold. Another of my articles explains why. If you have an interest in purchasing precious metals, I’m available to discuss and advise you in choosing the precious metals products that are right for you. This can be done over the phone or in person. Call me at 920-233-6777 to get started. Thank you!