Free $500 Gold Coin Inside 🪙

Silverpicker Digest - Issue #16

Buckle up, numismatists! This one’s a biggie.

This week, I’m giving away a gold coin worth $500, FOR FREE.

All you need to do is read on. It’s literally that easy.

But first, pop quiz, hotshot (answer at bottom of email): What was the first coin to feature the phrase "E PLURIBUS UNUM"?

I officially declare the gift giving season OPEN!

And to get things started, I’m giving away a $500 gold coin tomorrow on Whatnot. A 1913 $2.50 Gold Indian, to be exact.

Auction details: Saturday Dec 16 5 pm EST.

Sound good? Watch my video below to learn more:

This week’s question comes via Reddit:

Great question here. A few points to consider:

First off, from a coin collectors perspective, there's a huge difference between a challenge coin and a regular coin. A regular coin must have a denomination and it must be produced by a government.

A coin with no denomination is known as a round. A bullion round is a disc of silver or gold. It can be minted by anybody.

Meanwhile, bullion coins, like the American Silver Eagle or Canadian Maple Leaf, have denominations and are government-produced.

Challenge coins originated in the military, commemorating events, wars, or units.

They represent a completely different type of collection from regular coins. It’s also important to note that challenge coins are usually made out of base metals, not gold and silver.

As a result, coin collectors typically do not include challenge coins in their regular collections.

There’s nothing wrong with collecting challenge coins - they’re simply different!

Pop quiz answer: Well done, those of you who got it - you go straight to the top of the class. The answer is, of course, the 1795 Liberty Cap-Heraldic Eagle gold half eagle

See you next week!