Nashville Coin & Currency News

 Updated 10-22-2025, see below Record-high silver market prices are causing major changes in the world of trading physical silver items.   This article will be updated with more information as time permits and is warranted. - A 5 to 6 month backlog of scrap silver waiting to be refined has built up at silver refineries around the country and the refineries have stopped allowing any further incoming shipments for the foreseeable future. This is causing almost all of America's largest wholesale dealers to HALT purchases of many categories of silver items. This suspension of purchasing affects categories like sterling silver flatware & tableware, scrap silver jewelry, US Wartime Nickels, 40% Silver Clad Halves, Foreign silver coins, industrial silver scrap and in some cases, pre-1965 US 90% Silver coins.     This suspension of buying scrap silver by the major dealers, along with increasing processing & payment times, has trickled down to severely affec...

 Where Do You Get Your Precious Metals Spot Prices? That's a very common question we get, even in quiet times, but especially in active times when the market is moving rapidly.    The "Spot" price is the live market price for the raw metal used when computing how much a physical precious metals item will cost you to buy or what you'd get when selling yours.  Unlike the "Futures" Market, (paper contracts for metals delivery at some future point in time),  the "Spot Market" price is the current physical delivery price for 1,000oz bars of silver or 400oz bars of gold.  And like all commodities markets, whether gold, soybeans or orange juice, there is a BID and ASK price. Why do I see different Spot prices on different websites?  Since the physical Spot price is derived from markets that are constantly changing all throughout the day & night, it's normal to see very minor differences on different sites, usually less than $10/oz on Gold and 15-2...

Once carried as everyday pocket money, then recalled from individual ownership by the government in 1933, these "relics of the past" often represent great value in today's gold market. Gold & Silver have been used as money around the world for over two thousand years and have recently experienced an overwhelming resurgence of interest as the premier store of value as central banks, other nations and people around the world move to de-dollarize their financial holdings.  The writing is on the wall and it doesn't look good for the US Federal Reserve Dollar.  And good riddance, these Federal Reserve Notes are neither Federally issued, nor are they truly Constitutionally valid, but that's a story for another article.   Our point today is to explore Pre-1933 US Gold coins, and in particular, the $5, $10 and $20 denomination coins.  Certain dates & mintmarks can be quite rare and special, but an amazingly large number of these issues trade for just a few perce...