GREENWICH
203-990-0555
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203-210-7465
WASHINGTON DEPOT
860-619-0363
NEW MILFORD
860-355-0191
MONROE
203-261-1115
90% Silver Coins
40% Silver coins
Pre-1964 U.S.
65-70 Halves
Indian Head
Wheat Pennies
American Currency
Double Eagles
$10 Eagles
$5 Half Eagles
$4 Stella
$3 Gold Piece
Quarter Eagles
Maples
Morgan Dollars
Peace Dollars
And more!
Three Cent Pieces
Half Dimes
Silver Dimes
Twenty Cent
Silver Quarters
Silver Half Dollars
Commemorative
Most coins presently are made of a base metal, and their value comes from their status as fiat money. This means that the value of the coin is decreed by government fiat (law), and thus is determined by the free market only as national currencies are subjected to arbitrage in international trade. This causes such coins to be monetary tokens in the same sense that paper currency is, when the paper currency is not backed directly by metal, but rather by a government guarantee of international exchange of goods or services. Some have suggested that such coins not be considered to be “true coins” (see below). However, because fiat money is backed by government guarantee of a certain amount of goods and services, where the value of this is in turn determined by free market currency exchange rates, similar to the case for the international market exchange values which determines the value of metals which back commodity money, in practice there is very little economic difference between the two types of money (types of currencies).
Note: We do not guarantee pricing data or commentary to be accurate