Silver Reaches 13-Year High

Above, a 1928 Peace dollar. Photo by Armand Vaquer.

According to Gainesville Coins, gold and silver spot prices have surged.

Silver has reached a 13-year high.

Gainesville Coins reported:

Gold is trading at $3,370.50 (bid) / $3,372.50 (ask) as of July 14, showing a daily gain of $15.62 (+0.47%). The metal has established a trading range of $3,352-$3,375 for the day, maintaining support well above the psychological $3,300 level. Silver demonstrates even stronger momentum at $38.99 (bid) / $39.11 (ask), surging $0.67 (+1.74%) to reach levels not seen since 2012.

To read more, go here. 

Why Silver’s Strong June Could Lead To A Great July

Above, a 64 pound bar of silver at the Key West Shipwreck Museum. Photo by Armand Vaquer.

Silver had a great month of June.

The question is, Will it do the same (or better) in July?

It is hard to say, but Barron's takes a look at silver's June performance and what it may mean for this month.

They begin with:

Silver shined in June, returning almost 10% and beating out the returns delivered by the stock and bond markets in Japan, Europe, and the U.S. The momentum could continue as July tends to brings favorable returns for the precious metal.

What’s behind silver’s gain isn’t all that easy to pinpoint. Gold’s monstrous 43% climb over the past year could mean that it has incorporated all the good news, prompting traders to look at other stores of value and safer assets, like silver. Silver could also be benefiting from new applications in solar panels and its essential role in the semiconductor industry as artificial intelligence booms.

To read more, go here. 

Selling Your Silver: DEALERS DON'T WANT IT??

Here's a video that coin collectors, or stackers, should view. 

Here's the video's description:

In this video my bullion dealer Silver Dave of Local Silver Mint shocks me with his claim that more and more local coin shops do NOT want to buy back stackers' gold and silver.  Why did TWO coin shops close to Silver Dave refuse silver sellers when they tried to sell their bullion?  What will happen when the spot price of silver rises dramatically?  What happens when dealers close their doors and won't buy back silver and gold?  Watch as Silver Dave and one of his more vocal customers shares their thoughts on what's coming with stacking silver and gold and the best exit strategy to have with one's bullion.  Are YOU concerned about selling your silver back to a bullion dealer?  Join Silver Dave and I as we dive DEEP on his shocking warning and what to do about it!  Never before has stacking precious metals been as important to do as it is today.  Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency.  Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation!

Be sure to read viewers' comments!

Coins: What Do You Think Is The Biggest Challenge Facing New Collectors Today?

Above, the 2023 National Money Show in Phoenix. Photo by Armand Vaquer.

Since silver has risen to $36/toz over the past several weeks, my buying of silver coins have tapered off. It appears that I am not the only one doing so.

I have a sizable enough collection thanks to my buying over the past few years. New collectors seem to be not so lucky.

Numismatic News posted a poll question on June 20:

Poll Question: What do you think is the biggest challenge facing new collectors today?

From the June 20, 2025, Numismatic News e-Newsletter, readers shared their thoughts on the biggest challenges new collectors face today.

To read what the responses were, go here. 

Silver Follows Gold's All-Time Highs

Above, a 1928 Peace silver dollar. Photo by Armand Vaquer.

As this blog post is being written, silver's spot price is at $36.255/toz according to COMEX.

But, as a new article by Numismatic News states, it did reach $37. Will silver hit $50?

Numismatic News begins with:

Up, up, and away is not really an appropriate description for the bullion coin market, but due to significant appreciation in not only the spot price of gold but also silver, the dynamics of much of the market are positive. Gold has been on a tear for some time, the spot price reaching new all-time records and then backing off only modestly.

This has kept the price of Gold American Eagles, gold commemoratives, and common-date and common-condition pre-1933 circulation strike gold coins at levels not previously seen. Dealers report this to be an excellent buying opportunity for them, but retail sales have not kept pace, as many institutional buyers and individuals who normally buy on a regular level are challenged to continue at these price levels.

Silver did not perform as well until recently.

Now Kitco’s Jim Wyckoff’s recent comment that “silver appears to be a value buying opportunity” appears to be prophetic. As this market commentary is being written, silver is above the $37 an ounce level and appears to be ready to challenge the $40 resistance level soon. The record price of $50.36 set in January 1980 is still a far reach, or is it?

To read more, go here. 

Silver Price Hits $50 In Canada

Above, silver 2022 Canadian Maple Leaf coins. Photo by Armand Vaquer.

Silver has touched on $50/toz. But this is in Canada. Is the U.S. next?

Inside Halton posted that the metal price may be what people need to begin selling.

They begin with:

If you have old coins or junky silver jewelry hanging around the house, now might be a good time to sell.

While it hasn’t garnered the same attention as gold, silver prices have also skyrocketed recently, briefly touching the $50-per-ounce mark in Canadian dollars earlier this week, according to silverprice.org.

The silver price has more than doubled over the past five years. 

According to David Erfle, founder and editor of Juniorminerjunky.com, silver could be set for a breakout. While sellers may wish to cash in now, the white metal could still have some additional upside for anyone waiting for a further bull run.

To read more, go here.

Silver's Breaking $35 Has Renewed Excitement

Above, Kennedy silver half dollars and Morgan silver dollars. Photo by Armand Vaquer.

Silver traders and investors are excited over the rise in the metal's spot price this week.

This is great news and it is possible that silver could reach $50/toz. The last time it did so was in January 1980. 

According to Kitco News:

(Kitco News) - After years of disappointment, renewed excitement is building in the silver market as prices rise solidly above $35 an ounce, reaching their highest level in 13 years.

Spot silver last traded at $35.76 an ounce and is up 8.7% so far this week—its best performance since early May—after prices bounced off initial support above $28.50 an ounce.

Jim Wyckoff, Senior Market Strategist at Kitco.com, said this breakout rally has been brewing for a while and may have more upside.

“Since gold scored a new record high of $3,485.60 an ounce, based on nearby Comex futures in April, I have maintained that silver appears to be a value-buying opportunity,” he said. “Right now, for silver, it’s very likely 'Katie, bar the door' to the upside.”

As for silver’s upside potential, many analysts continue to monitor the gold/silver ratio. While silver has significantly outperformed gold this week—with the ratio falling 5.5% to 94—the historical average is around 60.

Wyckoff added that there is solid potential for silver prices to test resistance at $40, with many analysts now eyeing the all-time record high of $50.36 an ounce set back in January 1980.

To read more, go here. 

Silver Jumps To Highest Level In 13 Years

Above, circulated Morgan silver dollars. Photo by Armand Vaquer.

The price of silver jumped to its highest level in 13 years. Some see $50/toz is within reach.

According to CNBC:

The price of silver moved sharply higher Thursday morning and hit its highest level in more than a decade.

Silver futures rose as high as $36.27 per troy ounce on Thursday, notching the highest price for the metal since early 2012. Silver futures were last up more than 3% on the day at $35.81 per troy ounce.

To read more, go here. 

Gold, Silver To Be Recognized As Legal Tender In Florida

For those living in Florida and, I presume, those visiting the state, can use gold and silver as legal tender under a law just signed by Gov. Ron DeSantis.

According to the Florida Daily:

Florida Governor Ron DeSantis signed Florida House Bill 999, a bill that recognizes gold coins and silver coins as legal tender for the payment of debts.

“Florida stands firmly for freedom, economic self-determination, and resistance to government overreach,” DeSantis said. “But for too long, outdated regulations and unnecessary sales taxes have made it impractical for Floridians to enter the gold and silver market. I signed HB 999 today to change that, by initiating the process to recognize gold and silver as legal tender in our state and, with rule ratification from the legislature, free from sales tax.”

According to the official legal summary of the bill, gold coin and silver coin are defined as the solid, pure form of gold or silver in various physical forms.

The gold coin and silver coin must be imprinted, stamped, or otherwise marked with the coin’s weight and purity and may be imprinted, stamped, or otherwise marked with only the name or symbol that identifies any refiner or mint of the gold coin or silver coin. The bill provides for statutory construction to clarify the scope of gold coin and silver coin being recognized as legal tender.

The use of gold coin or silver coin for payment is optional.

To read more, go here. 

Is Silver The Next Big Play?

Above, 2023 King Charles III silver Britannias. Photo by Armand Vaquer.

Those of us who invested in silver while its spot price was still in the $20s are in a good position to gain if the metal starts catching up with gold.

Newsmax posted an opinion article asking, "Is Silver The Next Big Play?"

It begins with:

Gold may be grabbing the headlines, but it’s silver that’s quietly setting up for a potentially explosive move. And history says it might be just around the corner.

Gold’s rally this year has been nothing short of historic. In just two weeks, prices jumped from $2,960 to $3,500 an ounce, a sharp reminder that when global uncertainty strikes, gold remains the ultimate safe haven. Over the past 12 months, gold is up 41% — a clear signal that investors are seeking shelter from inflation, geopolitical volatility, and mounting debt.1

But here’s what most investors are missing: silver hasn’t kept pace, yet.

Over that same period, silver has gained just 23%. That’s still better than the S&P 500’s modest 6% return, but the gold-to-silver price gap has widened dramatically. And whenever that happens, silver tends to play catch-up, fast.2

To read the full article, go here. 

11 States Recognize Gold and Silver As U.S. Currency

Above, silver Franklin half dollars. Photo by Armand Vaquer.

To counter inflation and our "printing press currency", many people are looking to gold and silver to protect their investment portfolios. With that in mind, eleven states are accepting those precious metals as legal tender.

Do you know which states?

The News-Star has posted an article listing them. There is one clue, these states are mostly, if not all, considered red states.

They begin with:

Louisiana may soon start accepting gold and silver as currency if proposed legislation is enacted by legislators in the Louisiana Legislature.

Eleven states currently recognize gold and silver coins as legal tender. Other states, including Louisiana, are either pursuing similar legislation or have made past attempts to do so.

To see which ones, go here.  

Money Metals Launches Extensive Line of Gold and Silver Bullion Products

Above, an 1890 uncirculated Morgan Silver Dollar. Photo by Armand Vaquer.

In recent years, I have bought several coins from Money Metals Exchange, a top leader in coin investing.

They have introduced a new lineup of gold and silver products. This new lineup has garnered a lot of attention as several news outlets have posted articles.

One was from Fox8 WGHP:

EAGLE, ID / ACCESS Newswire / April 22, 2025 / Money Metals Exchange, a national leader in precious metals investing and sound money advocacy, is proud to announce the launch of its exclusive line of Money Metals gold and silver bullion products.

This new lineup provides investors and collectors with an affordable option to acquire physical precious metals like gold and silver, increasing their holdings with greater variety, flexibility, and style.

Whether you are a seasoned collector or investor in precious metals, or just getting started, the Money Metals branded line offers a cost-effective option for everyone. These exclusive products are designed not only to store value securely, but also to lower the costs and barriers to entry traditionally associated with buying gold and silver.

An added benefit of investing in Money Metals branded gold bullion and silver bullion products is that there is a lower premium, which is the cost above the gold spot price or silver spot price that companies charge to do business.

To read more, go here. 

Silver Could Skyrocket To $100 An Ounce

Above, a 2025 American Silver Eagle. Photo by Armand Vaquer.

If the following does come true and silver does reach $100 per troy ounce, those who have invested in silver while it was in the twenty and thirty dollar ranges would be in great shape with their investment.

There are several reasons why it is possible that silver's spot price could reach $100 and Money Talks News discusses each of them.

They begin with:

While silver has been hovering in the $30-35 per troy ounce recently, some industry experts are making bold predictions about its future. First Majestic Silver CEO Keith Neumeyer has repeatedly called for silver to reach $100 per ounce or higher.

Is his prediction realistic or just wishful thinking? There are solid reasons why the white metal could potentially see a dramatic price surge to triple digits in the coming years, as outlined in a recent article by Investing News Network.

In times of economic uncertainty, many investors turn to precious metals as a store of value and hedge against inflation. While silver offers significant upside potential, diversifying with other precious metals can provide additional protection for your portfolio.

To read more, go here. 

Kiyosaki: Silver "Hottest" Investment In 2025

Above, JFK 1964 silver half dollars and Morgan silver dollars. Photo by Armand Vaquer.

 

SILVER set to boom. Hottest investment today is silver. Much more demand than supply.

Gold just passed its all time high of $3115 an ounce.

Silver still 60% below its all high…today only $34 an ounce.

I predict silver will 2X this year to at least $70 an ounce.

I already…

— Robert Kiyosaki (@theRealKiyosaki) April 1, 2025

How fast can silver hit $50 and $3,500 for gold?

Above, silver Franklin half dollars. Photo by Armand Vaquer.

These are interesting times, economically.

One of the more interesting things going on currently is the rise in gold and silver spot prices. This is begging the question: How fast can silver hit $50 and $3,500 for gold?

That is the topic of an article in Kitco News.

It begins with: 

Silver finally closed above $35, and the double top formed on the charts from last October and mid-March. But the question remains: Is this just another setup for disappointment, and when will it hit $50? The last time Silver hit that milestone was April 25, 2011, while Gold continues to hit new all-time highs after breaching $3,000 for the first time on March 14, 2025. Gold has everything going for it right now, with uncertainty surrounding US trade policy, US fiscal policy, geopolitics, and a global growth slowdown. 

To read more, go here. 

One Dollar Coins Worth 40 Times The Value

Above, a 1928 Peace Silver Dollar. Photo by Armand Vaquer.

I was ten years old when the U.S. Mint decided to end producing silver coins the following year and only produce copper clad coins. Some had some silver content, about 40%. 

Only the 1964 Kennedy half dollar contains 90% silver.

The Mint produced Peace silver dollars with 90% silver content until 1935. When the Eisenhower dollar was introduced in 1971, it had only 40% silver content until 1974. 

Today, if one should get their hands on a silver dollar, whether in a jar of saved coins or in pocket change, that dollar may be worth 40 times the value.

The Daily Express US posted an article on the value of silver dollars, especially ones made in 1935 and earlier.

They begin it with:

If you have some dollar coins hanging around the house, and they've been there for a while, you may want to give them a closer look as you could have small treasure on your hands. 

A typical dollar coin is worth just that — one dollar — but there are dollar coins that are actually silver dollars and could be worth $40 each if they were issued in 1935 or earlier.

Everett Millman, managing editor at Gainesville Coins, explains what the difference is and how to spot one of the more valuable coins.

To read more, go here. 

Step-By-Step Guide On How To Buy Silver

Above, a 2025 American Silver Eagle. Photo by Armand Vaquer.

There is talk of a possible recession later this year. It is resulting in (some) people upping their gold and silver investing. 

For me, gold is priced too high, whereas silver is much more affordable at its current spot price of $34.865/toz.

If one isn't experienced in precious metals investing, MSN posted an article on the step-by-step basis of buying silver.

It begins with:

Silver isn’t just a shiny metal you admire in jewelry or old coins. It’s been a trusted investment choice for centuries. Especially in today’s economic climate, investing in precious metals like silver is a solid choice.

If you’re thinking about adding silver to your portfolio but don’t know where to start, this guide will walk you through how to buy silver, step by step. Let’s jump right into breaking down how to buy silver.

To read more, go here. 

2025 American Silver Eagle

The first coin collectible I bought this year arrived in today's mail.

It is a 2025 American Silver Eagle. 

The current COMEX spot price for silver is at 34.490/toz. The price of the Silver Eagle was just four dollars above spot price. 

There are some experts who think silver's spot price will hit 40-50 dollars by the end of the year. We shall see.

Here's the front and back of the 2025 American Silver Eagle:

 

Rare and Collectible Coins: An Alternative Investment Trend?

Above, an 1889 Morgan Silver Dollar (BU). Photo by Armand Vaquer.

Rare coin collecting is seen as a hedge against inflation and as investments. 

According to an article in  Fox4KC:

HARWICH PORT, MA, UNITED STATES, March 5, 2025 /EINPresswire.com/ -- In an era where investors seek stability and long-term value, rare and collectible coins are gaining traction as a compelling alternative investment. Traditionally viewed as a niche market for numismatists, the coin-collecting industry has now attracted mainstream investors looking for tangible assets with the potential for appreciation. But what is driving this renewed interest in rare coins, and should investors consider them as part of a diversified portfolio? Let’s explore the key factors fueling this trend.

The Growing Appeal of Rare Coins as Investments

Historically, rare coins have been collected for their historical significance, artistry, and intrinsic value. However, their role as an investment asset has grown significantly in recent years, particularly due to economic uncertainty and inflation concerns. Unlike stocks or cryptocurrencies, rare coins are tangible assets with a finite supply, making them an attractive hedge against economic downturns.

According to the Professional Numismatists Guild (PNG), the global rare coin market is valued at over $10 billion annually, and demand continues to grow. The Knight Frank Luxury Investment Index also reported a 175% increase in the value of rare coins over the past decade, outpacing many traditional asset classes, including real estate and fine art.

To read more, go here. 

Silver Price At $250-$500 Is 'Entirely Possible'

Above, silver Franklin Half Dollars. Photo by Armand Vaquer.

According to silver's COMEX spot price, it is currently hovering around $32-33/toz.  

There are some who believe that the precious metal could zoom up to $250-500/toz. by the end of the year. That would be interesting to see for those of us who bought silver when it was down into the $20s.

According to an article KITCO News:

(Kitco News) - Silver prices have been manipulated for the past five decades, and a breakout with a price target of $250-$500 is "entirely possible," according to renowned investor and industry titan Eric Sprott, Chief Executive Officer, Eric Sprott Family Office. 

Sprott is predicting a significant price increase due to a technical deficit where consumption exceeds mining production. "Silver is going to skyrocket," he told Kitco Mining on the sidelines of PDAC in Toronto, citing Michael Oliver's target of $250 and Don Durrett's target of $500. 

"I can see both being entirely possible here because I know the targets on gold were like $8,000 to $10,000. Silver used to trade at 15-to-1 to gold," Sprott said.  

To read more, go here.