Investing in precious metals such as gold, silver, platinum, and palladium can provide a reliable hedge against economic uncertainty and inflation. However, it's crucial to navigate this market wisely to avoid common pitfalls that can undermine your investment. Here are the top five mistakes to avoid when investing in precious metals.

Investing in precious metals like gold and silver is a time-honored strategy for preserving wealth and diversifying portfolios. One of the fundamental concepts that investors need to understand is the spot price. This comprehensive guide will explain what spot prices are, how they are determined, and their significance in the gold and silver markets.

Collecting vintage coins is a rewarding hobby that offers a unique blend of historical significance, aesthetic appeal, and investment potential. As we step into 2024, certain coins stand out for their rarity, beauty, and historical importance. Here are the top five vintage coins that every serious collector should consider adding to their collection this year.

Numismatics, the study or collection of currency, including coins, tokens, paper money, and related objects, offers a fascinating glimpse into history, culture, and art. For serious collectors, certain coins stand out not just for their historical significance but also for their rarity, craftsmanship, and value. Here are the top six numismatic coins that every serious collector should consider adding to their collection.

Navigating the world of buying and selling precious items like metals, gems, diamonds, watches, and jewelry can be complex. NYC Bullion is here to simplify the process, providing expert advice, exceptional service, and the best deals. This guide will walk you through the key steps to ensure a successful transaction.

A comprehensive report from SwissAid has brought to light that an astonishing $35 billion worth of gold, primarily sourced from artisanal and small-scale mining (ASM) operations across Africa, is being illegally smuggled out each year, with the United Arab Emirates (UAE) serving as the principal hub for these activities. The findings for 2022 reveal that over 435 metric tons of gold, valued at $30.7 billion, managed to bypass the official channels and make their way primarily to the UAE, from where they are re-exported to global markets.

Central banks around the world continued to actively accumulate gold in April, with purchases amounting to 36 tonnes while only disposing of 3 tonnes. This net acquisition was notably robust compared to previous months, underscoring a sustained interest in gold amid volatile market conditions. This trend is elaborated in the latest report from the World Gold Council (WGC), which provides a comprehensive analysis of global central bank activities in the gold market.

Inflation has severely impacted Americans' living standards, with a 23% increase in the cost of living since 2019. This economic pressure has shifted many from affluent to middle class, from middle class to working class, and from working class to impoverished. According to recent surveys, inflation is a top concern, with many Americans reporting worsening financial situations.

Central banks around the world significantly influenced the gold market in March, increasing their gold reserves by a net of 16 tonnes, according to the latest data from the World Gold Council (WGC). This follows a record-setting first quarter where central banks acquired a staggering 290 tonnes of gold, marking the strongest start to any year on record.

When delving into the world of coin collecting, you may have come across the term "privy coins" and wondered what exactly sets them apart from their non-privy counterparts. Privy coins, also known as privy-marked coins, have a rich history and play a significant role in the realm of numismatics. In this exploration, we will uncover the differences between privy coins and non-privy coins, delve into the intriguing history of privy marks, and showcase some historically and culturally important privy coins that have left their mark on the world of collecting.

As we dive into the world of coin collecting, we're often reminded that it's a realm where history, art, and passion seamlessly converge. In this blog post, we'll explore two fascinating aspects of numismatics that capture the essence of 'all's fair': love-themed coins that melt hearts and coins inspired by the weaponry of war that ignite curiosity. At Bullion Exchanges, we're excited to introduce our exclusive 'Weapons of War' series, which combines precision, power, and artistry in the form of collectible coins. Whether you're a romantic at heart or intrigued by the history of military innovations, there's something here for every coin enthusiast. Join us on this numismatic journey where love and war meet in the most captivating way.

Valentine's Day, a time dedicated to love and affection, is often synonymous with traditional gifts like flowers and chocolates. However, for those who are passionate about coin collecting, it offers a distinctive opportunity to blend their love for numismatics with the celebration of love. In this enchanting blog post, we will delve into how coin collectors can infuse a touch of romance into their Valentine's Day celebration, sharing heartwarming coin stories and exploring creative ways to commemorate love through coins. Join us on a journey where the timeless allure of precious coins converges with the sentimentality of love, making this Valentine's Day an extraordinary and memorable occasion.

In the world of precious metals investing, gold and silver have long held the spotlight as two of the most sought-after assets. These lustrous metals, with their rich history and enduring allure, have been trusted stores of value for centuries. Yet, for those looking to diversify their investment portfolios or secure their financial future, the question often arises: Should I invest in gold or silver? Each metal offers unique advantages and considerations, making the decision a pivotal one for investors. In this comprehensive guide, we'll explore the contrasting qualities of gold and silver as investments, shedding light on the factors that can help you make an informed choice tailored to your financial goals.

As 2024 unfolds, platinum takes center stage in the precious metals arena, offering a wealth of investment opportunities. In this article, we'll guide you through the top five avenues for platinum investment, highlighting their potential rewards and inherent risks. Whether you're intrigued by tangible assets like physical bullion, prefer the flexibility of financial instruments, or seek a diversified approach with platinum group metals, we'll provide the insights you need to make informed decisions. Join us on this journey through the dynamic world of platinum investments and discover how this precious metal can enhance your investment portfolio in the coming year.

Embark on a journey through time as we explore the captivating world of Kookaburra silver coins. Over the past decade, the Perth Mint's Kookaburra series has evolved, delighting collectors and investors alike with its stunning designs and unique interpretations of this iconic Australian bird. Join us as we take a closer look at the intricate designs and rich symbolism that have graced these coins over the last ten years, each coin telling a story of Australia's natural beauty and cultural heritage.

The year 2024 offers a fascinating landscape for numismatics, presenting a variety of silver coins that are not just investments, but also pieces of art and history. For collectors and investors alike, these coins represent a blend of cultural significance, artistic beauty, and potential appreciation in value. Here are eight must-have silver coins for 2024, each with its unique charm and historical importance.

New York City, a bustling metropolis known for its iconic skyline, vibrant culture, and thriving financial district, harbors a hidden treasure trove for collectors and enthusiasts of rare and valuable coins. Amidst the hustle and bustle of the city that never sleeps lies a world of numismatics, where history, artistry, and wealth intertwine. In this blog post, we'll embark on a captivating journey through the heart of the Big Apple's numismatic scene, offering valuable insights and expert tips to guide both novice and seasoned collectors in their pursuit of precious metal treasures.

In the city that never sleeps, where innovation knows no bounds, an extraordinary synergy unfolds—a harmonious dance between technology and two of Earth's most coveted treasures: gold and silver. New York City, a global technology capital, serves as the backdrop for an exploration into the captivating world where tradition and innovation intersect. Join us on a journey through the dazzling streets of the Big Apple, where gold and silver find new purpose in the digital age, and technology reshapes the landscape of precious metal investments.

If you're looking to sell your physical gold in the bustling city of New York, you've come to the right place. Whether you have gold coins, bars, or jewelry, navigating the process of selling can be both exciting and overwhelming. To ensure a smooth and successful transaction, we've compiled some helpful tips and tricks for selling physical gold in NYC.

Capital gain is what you make when you sell a precious metal investment for more than its purchase price. The tax rate applied to this gain is..