For collectors and bullion investors with a special interest in rare coins, the 1972 Eisenhower silver dollar is a particular attraction for a number of reasons. Despite having not been minted in nearly 50 years, the silver Ike can still fetch a considerable price in today’s market depending on a few key factors.
Here is a closer look at the different types of the 1972 Eisenhower silver dollar and how to go about determining its value.
The second half of 2020 marked a banner period for gold, as its price per pound surpassed $20,000 for the first time ever. Amid the economic downturn and uncertainty caused by the COVID-19 pandemic, investors rushed to gold as a safe haven investment and hedge against the shorter-term risk of traditional markets.
Human civilization’s storied relationship with gold dates back millennia, from serving as the universal symbol for wealth in ancient times to backing the American dollar up until 1971. In more recent decades, gold’s standing within the global economy has become a bit more obscure as the stock market has grown to dominate how we view modern investing.
Despite this shift toward stocks and bonds, gold is still a highly valuable and important asset that has its place alongside more contemporary means of wealth. Here’s a bit of background on how gold and the stock market interact with one another and why gold is still a worthwhile investment instrument in 2020 and beyond.