Page 7 - Austin Rare Coins Blog
- Posted: February 23, 2023Read more »
The introduction of Japanese Obans and Kobans during the Edo period had a profound impact on the country's economic and cultural history. These traditional gold currencies were visually stunning, with intricate designs and patterns. As a result, their composition made them both aesthetically pleasing and difficult to counterfeit.
Obans were the first of the two introduced in the second half of the 16th century. These were substantial rectangular-shaped currencies that were worth 10 Ryō, a weight unit used to measure gold and silver. The Oban was beautifully designed, often featuring images of samurai warriors or geishas. In fact, these designs were not just for decoration, but also served to prevent counterfeiting.
Koban was introduced
As Japan's economy grew, there was a need for smaller denominations of currency.
- Posted: February 11, 2023Read more »
Precious metals are the ideal way to diversify your investment portfolio in 2023. First of all, diversification is an important aspect of investment portfolio management. It helps reduce risk and increases the potential for returns. In 2023, many investors will have considered adding different types of precious metals to their portfolios. Meanwhile, by diversifying, they can potentially enhance investment returns.
Secondly, precious metals, such as gold and silver, have a long history of being used as a store of value. Notably, in times when there is heavy inflation, economic uncertainty, or market volatility. Consequently, precious metals are seen as safe-haven assets because they're not directly tied to the performance of equities. Therefore, they do not necessarily follow other financial markets.
In addition
- Posted: February 07, 2023Read more »
Emperor Vitellius' lavish lifestyle was known throughout the Roman Empire. He was the Roman Emperor for only 8 short months from 69 AD to his death in 79 AD. In fact, he is known as the shortest-reigning emperor of the Roman Empire.
Emperor Aulus Vitellius was born in AD 15 and came from a wealthy family in northern Italy. After the civil war known as the Year of the Four Emperors, he was crowned emperor. Moreover, his reign was marked by conflict and unrest. Emperor Vitellius was eventually defeated by the forces of Vespasian, who became the next emperor. Vitellius' rule is often considered a low point in the history of the Roman Empire and is known for its excess and lack of stability.
Gambling and gluttony, two vices associated with Vitellius, would be crucial to his future. Emperor Galba made the unpopular choice to designate him as governor of Lower Germany in 68
- Posted: February 02, 2023Read more »
Thinking about breaking into the rare coin collectors market? You might want to look at some shipwreck coins that are available. At Austin Rare Coins, we specialize in all kinds of collectible coins including coins recovered from iconic shipwrecks. The amount of shipwreck coins we have in stock fluctuates. If you'd like more information about what we have and what we can get, give us a call.
It can be challenging yet beneficial to recognize market patterns and understand what shipwreck coins to get. With the right knowledge and resources, it’s possible to capitalize on market movements and make an impressive return on your investment. Here are a few tips from Austin Rare Coins & Bullion to help you make smarter decisions that can reward - Posted: January 20, 2023Read more »
Spain was having serious trouble in the early 19th century. Napoleon’s armies had invaded their country. Napoleon was in control of most of the Spanish peninsula by 1809. In addition, the Spanish were suffering defeat after defeat. Spain's heavy losses were attributed to incompetent generals. New Spain, now called Mexico, saw their window of opportunity...
The French invasion of Spain sparked uprisings across Spanish America. It was the start of the Mexican liberation from Spain. Mexican war for independence was hard fought. It was not a single event, but many regional struggles that occurred in a revolutionary civil war that lasted 11 years.
Finally, in August of 1821, the Treaty of Córdoba was signed. A new day was dawning for Mexico. New Spain’s dependence on Old Spain had finally occurred. Mexican Liberation from Spain had finally happened!
- Posted: January 13, 2023Read more »
Rome and Carthage engaged in three Punic wars. Punic, a late variety of Phoenician, is a language that is used to refer to Carthage or the Carthaginians. Hannibal's route across the alps during the second Punic war is probably the most remembered. But, for a long time, these two major powers in the western Mediterranean fought for supremacy. In fact, huge losses on both sides occurred.
The Mediterranean island of Sicily and its surrounding waters served as the primary theater of the First Punic War, which took place over a 23-year period (264–241 BC). Meanwhile, they also fought in North Africa. After such a prolonged struggle the first Punic war ended in a loss for Carthage. However, Carthaginians were still itching to fight the Romans. Carthage suffered extensive economic losses in Sicily. They, therefore, had to come up with a plan to strengthen its faltering economy.
- Posted: January 06, 2023Read more »
In short, the "First Canadian Gold Coins" were struck around over a hundred years ago. The Dominion Government had 8,000 five-dollar and 8,000 ten-dollar gold coins struck in 1912. Gold coins valued at $600,000 had been distributed to Assistant-Receivers General across Canada by the conclusion of that summer. The gold coins were still being produced in 1914.
From the raw ingredients to the finished product, these first Canadian Gold Coins were created by the Mint in Canada. These were made almost completely of Canadian gold in 1912, the majority of it coming from the Klondike region.What about the Gold Maple Leaf?
Interestingly, the Canadian Maple Leaf was struck in 1979 a was not the first Canadian gold coin. To clarify, Canada's first gold coins were
- Posted: January 05, 2023Read more »
In the numismatics community, one of the most in-demand coins is the 1794 Flowing Hair Silver Dollar. Due to its rarity and historical significance, coin collectors and speculators alike desire it. Importantly, Austin Rare Coins is a trusted firm in Austin, Texas that sells rare coins like this one. Below are a few things to know first about this rare silver coin.
History Behind The Coin
This particular coin was the first silver dollar ever minted by the United States government, making it a significant piece
- Posted: December 28, 2022Read more »
When it comes to how to buy gold bars, there are a few things you should keep in mind. Size, condition, and where you buy them are all important factors to consider Size, condition, and where you buy them are all important factors to consider. Austin Rare Coins, located in Austin, Texas, is a great place to start your search for the perfect gold bar. Here are a few essential things to know before you purchase gold bars.
Size
Gold bars come in a variety of sizes, from one gram to 400 ounces. The most popular size is the one ounce gold bar, which is easy to store and transport. The size of the bar will affect the price so you need to decide how much you want to
- Posted: December 06, 2022Read more »
When it comes to investing in precious metals, there are two main types of assets: rare coins (sometimes called “investment-grade coins”) and bullion. Rare Coins vs. Bullion is often the dilema. Which is right for you? Importantly, there are some key differences between the two that you should be aware of. This is important, even though both types are capable of helping you achieve your short-term and long-term investment goals.
In today’s blog, the team at Austin Rare Coins & Bullion is here to help you understand the pros and cons of both rare coins and bullion. In short, to help you feel more confident about choosing the one that’s right for you. Above all, Austin Rare Coins & Bullion is your trusted source. They are there to help you secure your financial future through commodities or expand your collection of valuable metals.
























