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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]
Herkimer diamonds are double-terminated quartz crystals discovered within exposed outcrops of dolomite in and around Herkimer County, New York, and the Mohawk River Valley in the US. [ 1 ] [ 2 ] They are not diamonds ; the "diamond" in their name is due to both their clarity and well formed faces.
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.
By the late 1880s, there were increasing calls for the replacement of the Seated Liberty design, used since the 1830s on most denominations of silver coins. In 1891, Mint Director Edward O. Leech , having been authorized by Congress to approve coin redesigns, ordered a competition, seeking a new look for the silver coins.
The modern coins contain 99.9% silver or gold (.999 fineness) and are available in various sizes. Both metal coins have undergone a design change. Both metal coins have undergone a design change. In 1989, 3,500 1 ⁄ 4 ounce Libertad platinum coins were produced.
1960's -1970's: Some circulating coins still used silver in their composition, such as 1965-70 Kennedy half dollar coins, which were debased from 90% silver to 40% silver. However, as silver's metal value continued to increase, resulting in additional hoarding by the public, these coins were eventually debased entirely to cupronickel clad coinage .
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