MyCoinClub.com | An online community for coin enthusiasts

Dramatic turnaround rally for gold and silver

Tweet Pin It Wow! What a day. The metals market opened up Sunday afternoon and silver and gold immediately plunged. Gold had dropped nearly $20.00 an ounce, while silver was down nearly $1.50 an ounce. Slowly the prices were going back up throughout the hours, when suddenly they went straight up. Not only were all of the losses erased, but there were also tremendous gains in silver, gold and plati... »

Gold and Silver set for big gains?

Tweet Pin It Some insider information from some reliable sources indicate that the gold and silver market may be taking an upward turn in the coming weeks. As we are now edging closer to the lows that we experienced during the recent crash about a month ago, this may indeed be the last chance to buy at this low of level. As the stock market is setting new records almost everyday, it simply cannot ... »

What is a DMPL Morgan Dollar?

Tweet Pin It If you are into coins, you probably have heard or seen the term DMPL when referring to Morgan Dollars. DMPL stands for (D)eep (M)irror (P)roof (L)ike. These are Morgan Dollars that have fields (the lower parts of the coin), that look like that of a proof. The reliefs (higher points of the coin), have a cameo effect. With these qualities, the DMPL coins have an extremely beautiful,... »

A Closer Look: The 1864-L Indian Head Cent

Tweet Pin It 1864 was a special year for the Indian Cents as there were three varieties of Indian Cents minted. There was the 1864 Copper Nickel variety, the standard 1864 bronze variety as well as the 1864-L variety, which is also bronze. Although there were over 39,000,000 1864 coins minted, there were only an estimated 5,000,000 of the 1864-L variety minted making it much scarcer than the ... »

Gold to keep heading up?

Tweet Pin It Gold gained a lot of ground last week. After dropping below $1350.00 not very long ago, it has gained over $100.00 and is currently at $1462. Now, some may say that it has gained too much too quickly over the last week and it will be going down next week. I say they are wrong. Gold is incredibly low right now compared to what it was not very long ago. At $1462, it is a downright barga... »