The History of Coins

Buying Or Selling Gold Coins?

Most people might not ever think about the 1.4 billion $1 coins featuring the likenesses of U.S. presidents from George Washington to James Garfield sit in a warehouse in Washington, D.C. Few people even know they exist.


The world's first coins appeared around 600 B.C., jingling around in the pockets of the Lydians, a kingdom tied to ancient Greece and located in modern-day Turkey. They featured the stylized head of a lion and were made of electrum, an alloy of gold and silver.


At Gems N’ Loans Temecula, we buy and sell gold and silver coins. The advantage to owning gold or silver coins is that during a financial crisis, gold, silver and platinum have all seen their traditional roles as safe investments during times of market turmoil. When uncertainty in the economy arises, the global economy and many investors prefer to store a portion of their wealth in gold and silver bullion.