Tag Archives: precious metals

Where To Sell Your Old Coins In Toronto

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There could be a number of reasons why you are looking to sell coins in Toronto. Maybe you inherited a whole bunch and you aren’t quite sure what to do with them – or maybe you are collector and want to sell off a few for a bit of extra money. You could also be someone who found a stash of old coins at home and are wondering if any are rare and can be worth something.

In either case, it’s important that you go to a trusted source that can ensure you are getting the right value for your coins. If you visit Muzeum.ca/pages/coins you will see that they offer free evaluations by experts who can tell you if you have something worthwhile on your hands.

What They Buy

This Toronto storefront of the famous Great Canadian Roadshow will buy Canadian and American coins, but because of their large network of collectors they are able to take any kind of gold or silver coin off your hands.

Gold Coins

  • Worldwide from any nation (Austrian, Mexican, etc.)
  • American – Gold Eagle, Liberty Head, Indian Head
  • Olympic
  • Centennial
  • Royal Canadian Mint

Silver Coins

  • Worldwide from any nation (Austrian, Mexican, etc.)
  • Canadian dated 1968 and Earlier
  • American dated 1964 and Earlier
    • JFK Half Dollars 1969 and Earlier
  • British Coins dated 1946 and Earlier 

They will also buy numismatic, commemorative, proof, and uncirculated coins.

What Makes a Coin Valuable?

There are a number of factors that go into what makes coinage valuable – precious metal content being one of them. If coinage is made of gold or silver it will be worth money purely based on the fact that it is made of precious metals.

Typically, Canadian and American coins from the mid-1960s and earlier were made of silver, making them more valuable than coinage dated later. This is because after the Great Depression it became harder to make coins out of silver, so they began to make them out of bronze, copper, and/or steel.

But even then some coins like the Canadian 1948 silver dollar (dubbed the “King of Canadian Silver Dollars”) can be worth a lot of money simply because so few of them were minted. In fact, though 18,780 coins were minted only a few are said to have survived. Therefore, rarity is another determining factor of coinage value.

Another factor is the design of the coin and whether or not there were any errors in its production. Take, for instance, the 1906 Canada “Small Crown” Quarter where the crown was printed in error with a smaller crown than what it should have. These few misprints can be worth almost $1,000.

Finally, coinage maintains its value when it is well taken care of. A scale of 1 to 70 is used to determine the grade of a coin. Mint condition, uncirculated, or dated coinage is usually rated between 65 and 70.

Only One Way to Be Sure

After all is said and done, the only way you can tell for sure how much your coins might be worth is by taking them in to get evaluated. An expert will be able to check whether your items are authentic based on multiple factors including weight, precious metals, design, and minting.

Christmas Gift Made In China? Historical Long Distance Trade Lead To Modern Global Lives Of Things

Until quite recently, the field of early modern history largely focused on Europe.

The overarching narrative of the early modern world began with the European “discoveries,” proceeded to European expansion overseas, and ended with an exploration of the fac-tors that led to the “triumph of Europe.” When the Journal of Early Modern History was established in 1997, the centrality of Europe in the emergence of early modern forms of capitalism continued to be a widely held assumption. Much has changed in the last twenty years, including the recognition of the significance of consumption in different parts of the early modern world, the spatial turn, the emergence of global history, and the shift from the study of trade to the commodities themselves.

Sometimes conferences disappear from view as soon as the delegates disperse.

Other times, when the papers are published in an edited volume, conferences come to be seen as important milestones in the historiography. The two volumes edited by James Tracy, entitled The Rise of Merchant Empires and The Political Economy of Merchant Empires published in 1990 and 1991, respectively, move through their various stages of production, ownership, transmission and transformation .

Moreover, those stages are overlapping, circulatory and contradictory; objects move in and out of collections, as they move in and out of fashion, and meanings are never stable. When a feathered crown is produced in Spanish America, for example, it has a very different meaning from when it enters into a cabinet of curiosity, and when it is taken out of the cabinet to appear in a spectacular performance in the street or in the theatre, it once again takes on a different meaning.

Objects gain biographies; earlier meanings of objects are never erased but reshaped and translated to new circumstances, as Leah Clark showed in her study of the circulations of gems and jewels through the hands of a variety of owners in quattrocento Italy. Have we lost this meaning connection with mass produced items from China?

Such insights have benefitted not only from the global turn but also from developments in the fields of anthropology and art history, making the field more interdisciplinary than it was when the study of the trade in goods focused more on their trade than on the goods themselves.

The Founding of a New Journal

Despite Tracy’s efforts, European actors continued to hold central stage in the field. When the Journal of Early Modern History (JEMH) was established in 1997, a decade after the Minnesota conference, the centrality of Europe in the emergence of early modern forms of capitalism, for example, continued (and still continues) to be a widely held assumption.  In part, this can be explained by the powerful legacy of giants in the field like Fernand Braudel and Immanuel Wallerstein.

1 James Tracy, ed.,The Rise of Merchant Empires: Long-Distance Trade in the Early Modern World, 1350-1750, Studies in Comparative Early Modern History (Cambridge, 1990); James Tracy, ed., The Political Economy of Merchant Empires, Studies in Comparative Early Modern History (Cambridge, 1991).

2 Herman Van der Wee, “Structural Changes in European Long-Distance Trade, and Particularly in the Reexport Trade from South to North, 1350-1750,” in The Rise of Merchant Empires, 14-33; Niels Steensgaard, “The Growth and Composition of the Long-Distance Trade of England and the Dutch Republic before 1750,” in The Rise of Merchant Empires, 102-52; The importance of comparative methodologies is also spelled out in the short editorial that accompanies the first part of the first volume of the JEMH. See James D. Tracy, “From the Editors,” Journal of Early Modern History 1 (1 January 1997):3

Braudel’s concern was entirely with European history over the longue durée; Wallerstein’s 1976 study identified Europe as one of the core regions in the modern capitalist economy as it emerged in the sixteenth century. Regions like Central Africa, India and China were designated as peripheries, meaning that their natural resources and low-skill, labor-intensive production sustained the economic growth of the core region. Wallerstein’s framing of the relationship between the early modern European core and its peripheries formed the base for much of the scholarship of the past decades, including numerous studies of the long-distance or intercontinental trade between core and periphery.

Much that was written also continued to identify long-distance trade as the preserve of either the various East India Companies associated with individual nations, or of the specifically named merchant communities such as the Armenians, the Jews, Wang Gungwu’s Hokkien merchants, or the Bajaras and Banyas merchant communities.

Such groups appear in the literature as having a clear identity that separates them from other groups and an often marginal status that makes them especially suited to the life of the itinerant merchant who covers vast distances.

And for much of the 1990s and beyond, the emphasis continued to be on commodities traded over long distances, from Asia to Europe via land or sea routes, including luxury items that justified the high cost associated with their transport. Precious metals were sent from the Americas to Asia, silks and spices arrived in the Levant via overland trade routes, and once the Europeans had rounded the Cape of Good Hope, luxury goods like porcelains, precious stones, and exotic hardwoods were shipped across the oceans along with silks and spices. Long-distance trade as it appears in Tracy’s two volumes on merchant empires was undoubtedly seen as important, but as essentially different from the bulk trade in grains, timber and salt that, for example, underpinned the growth of the early modern Dutch economy.

3 Fernand Braudel,Civilization and Capitalism, 15th-18th Century, trans. Siân Reynolds, 3 vols. (Berkeley, 1992); Immanuel Maurice Wallerstein, The Modern World-System: Capitalist Agriculture and the Origins of the European World-Economy in the Sixteenth Century (New York, 1976). At least 23 research articles published between 1997 and the present in JEMHquote Braudel’s work, and a further five quote Wallerstein.

4 Gungwu Wang, “Merchants without Empire: The Hokkien Sojourning Communities,” in The Rise of Merchant Empires, 400-422; Irfan Habib, “Merchant Communities in Precolonial India,” in The Rise of Merchant Empires, 371-99.

In other words, when the JEMH was founded, the centrality of Europe in shaping global trade relations, the separation of agents into distinct nation-based groups, and the classification of goods over long distances as luxuries of less importance all still had a very strong presence.

One major change did occur, however, more or less between the appearance of The Rise of Merchant Empires in 1990, and the establishment of the JEMH in 1997.

John Brewer and Roy Porter’s 1993 Consumption and the World of Goods was one of those transformative collections of articles that inaugurated a whole new way of doing history.6 Brewer and Porter were not the first to use the title; Mary Douglas and Baron Isherwood had already published a book with a very similar title in 1979. But Brewer and Porter, and many others who went on to publish in the field of what we might call consumption studies, took the study of the consumer in a new direction, away from the eighteenth-century European debates over whether the consumption of luxury goods was morally justifiable, and towards sophisticated studies of the complex contexts in which people desired goods and in which that desire and demand for goods went on to transform society, culture and the ………… to continue reading click here for full document in PDF format.

For the Silo by Anne Gerritsen, University of Warwick. Paper courtesy of academia.edu

2022 And NOT Another Year Closer To Private company Asteroid Mining

It’s been eight years since an historic landing took place between an European Space Agency drone and a comet.(which looked suspiciously a lot like an asteroid to us!)

At that time a report from Deep Space Industries laid out their business plans up to 2020 and what they had committed to  sounded more like science fiction than fact.

But it wasn’t and they’d already secured investors.

A 2019 announcement from NASA stating that it would be the National Space Administration in the lead instead ( NASA will soon begin hunting a nickel laden asteroid ) spoke volumes about not only the possibility of asteroid prospecting- but also to its inevitability in the private sector.

DSI concept of “coming soon” asteroid mining.

And yet, things have changed…..again.

In early 2020 Deep Space Industries (along with the only other asteroid mining company, Planetary Resources) were purchased by Bradford Space Group and ConsenSys Group respectively and all plans for private asteroid mining were shelved indefinitely. Deep Space Industries is now focused on developing space propulsion systems and ConsenSys is now focused on developing blockchain  security applications for space technology. 

What could have been- Deep Space Industries ambitious plan before the take over

Their plan was to send an entire fleet of prospector spaceships to Near-Earth asteroids in order to harvest them for precious metals and other undisclosed resources. (space rubies anyone?). Starting in 2015, Deep Space Industries were to begin their operation by sending three small spacecraft called FireFlies to selected asteroids near earth for sample taking and photo reconnaissance. One year later, bigger craft called DragonFlies were to leave on four year missions to retrieve asteroid samples and bring them back to Earth. An ambitious project to be sure and not surprisingly, the timeline had been regularly pushed back.

dsi timeline mission planning

This press release from DSI said a precursor mission was scheduled to launch in 2017: “Recently, Deep Space Industries and its partner, the government of Luxembourg, announced plans to build and fly Prospector-X™, an experimental mission to low-Earth orbit that will test key technologies needed for low-cost exploration spacecraft. This precursor mission is scheduled to launch in 2017. Then, before the end of this decade, Prospector-1 will travel beyond Earth’s orbit to begin the first space mining exploration mission.”

daniel faber ceo deep space industries

Valuable materials exist in abundance in space and have strong economic potential. Using their tested indicators as investment attractors, Deep Space will move towards securing a commercial space operation and start into the next phase of its business plan. This involves concentrating firstly on processing rocket fuel from asteroid-harvested water.

This fuel, harvested and processed in space will save millions of dollars, since existing communications satellites will no longer be ‘thrown away’ when their fuel supply has been used up. (Satellites that can longer ‘move’ and stay in orbit by using their rocket engines are left to slowly fall towards earth and burn up in the atmosphere ).

Deep Space Industries past-CEO David Gump estimated that a satellite ‘refueled’ and saved from burn up is worth up to $8,000,000 per month. Those figures start to add up when you factor in the number of satellites in use and being launched every year. Another plan during this phase of their business operations is to return precious group metals such as platinum and gold back to earth.

After all, if you’re splitting up asteroids and discover metal commodities, why not bring it back down to earth?

Deep Space believed that other metals harvested from asteroids also have an in-orbit value. They are developing the Microgravity Foundry- a type of 3D printer that will be used to fabricate and machine metal parts in space from pure asteroid metal such as high strength nickel parts.

Deep Space cgi mockup of their planned 3D space printer.
Deep Space cgi mockup of their planned 3D space printer.

Since this factory will operate in space and in zero gravity and produce parts in space, the idea of permanent space development and human habitation is economically feasible. Stephen Covey co-founder of Deep Space Industries and inventor of the Microgravity Foundry process: “What’s cool about the [3D] printer is that it can take its own parts, grind them up, and recycle them into new parts.”

Stephen Covey- inventor of the Microgravity Foundry process
Stephen Covey- inventor of the Microgravity Foundry process

Deep Space Industries past-CEO David Gump: “Using resources harvested in space is the only way to afford permanent space development. More than 900 new asteroids that pass near Earth are discovered every year. They can be like the Iron Range of Minnesota was for the Detroit car industry last century- a key resource located near where it is needed. In this case, metals and fuel from asteroids can expand the in-space industries of this century. That is our strategy.” Company estimates place a value of 1 ton of raw asteroid material at a worth of $1,000,000 [usd] in orbit.

Buy outs over the last few years have all but ended the dream and it will be the various space agencies such as NASA and ESA that will fulfill Deep Space Industries abandoned plan. For the Silo, Jarrod Barker.

Supplemental: http://www.businessinsider.com/deep-space-industries-asteroid-mining-plans-2013-1#ixzz2Io8Qg8uc

Updates: Deep Space Industries aligns with Luxembourg Government, applauds space commercialization policy.

Mexican commercial space company MXSpace partners with Deep Space Industries.

NASA hunting nickel 16 Psyche asteroid worth quadrillions of dollars.

KIL N.Y.C. Launches New Teras Jewelry Collection, Inspired by Mythology & Monsters

Konstantinos Leoussis debuts mythological creatures in custom jewelry, with the Teras Collection.

Teras Collection’s Medusa, Minos, and Harpy rings.

New York, NY. Mythology has influenced art for centuries, especially in Ancient Greece and Rome. Animals and symbols have been used to create powerful messages in fine art and sculpture, as well as within wearable works, such as jewelry. Konstantinos I. Leoussis reintroduces ancient creatures into modern forms. With designs displaying a passion for history and tradition, the new Teras Collection plays on a love for mythology and monsters. 

Konstantinos I.  Leoussis, Founder and Designer of KIL N.Y.C., says, “I created Teras to bring imaginary creatures into our world. Each scale is lovingly hand carved, and precious stones are meticulously selected to bring the Minotaur, The Chimera, and The Argus from the pages of old times and into the world of modern jewelry. Our pieces are designed for world-explorers, history lovers, and those who would like to add a bit of eccentricity to their jewelry box.” 

Stories of ancient Greek gods and monsters were designed not only to entertain, but to educate.

Dating back thousands of years, mythology helps the modern reader reflect on past civilizations through stories, and oftentimes parallels to modern society continue to be drawn. The Minotaur, part man and part bull, has been hand carved into a Minos ring and pendant, which feature the head of a bull, with horns to embody the strength and dominance of both the Minotaur and its wearer. The Argus, God of Surveillance, was a giant known for having eyes all over his body, to watch and protect those around him. Vibrant and mystical, the KIL N.Y.C. Argus medallion, cuff, and studs display those same eyes, resembling a guardian and protector. 

Visiting the darker side, both the Chimera and Medusa were considered monsters in mythology.

A fire-breathing female creature, The Chimera has the head of a lion, body of a goat, and tail of a serpent. KIL N.Y.C. designed the Chimera hoops earrings, cuff, and ring to embody the spirit of the dauntless creature, with its intricate design and flashy serpent tail. Additionally, the ring and cuff have matte and mirror finishes available upon request to enhance the look. In addition, Medusa, traditionally a monster from Greek mythology, has become a symbol of modern feminism—a femme fatale who rages against the stigmatization of female sexuality. Medusa has the face of a women, and poisonous snakes for hair, a signature look inspiring both the Medusa ring and pendant. Each displays her infamous head into art jewelry, the perfect gift for a modern feminist.

KIL N.Y.C. Launches the New Teras Jewelry Collection, Inspired by Mythology  and Monsters - Artwire Press Release from ArtfixDaily.com
Harpy and Chimera Cuff by KIL N.Y.C.
Photography by Little Wolf Creative.

KIL N.Y.C.’s beautiful Harpy pendant, cuff, and ring capture the half human, half bird features of the mystical creature from classical mythology. Her wings are displayed to assert strength and the ability to fly, symbolizing the spirit of the wind.

Lernian Pendant, by KIL N.Y.C.
Photography by Little Wolf Creative.

The Lernian Pendant depicts the ferocious and immortal serpentine water creature. Displaying its monstrous multiple heads, the pendant imbues unwavering strength and power for the wearer. KIL N.Y.C.’s Arrows of Hercules pendant promotes healing; the arrows were gifts from Apollo, used in many feats. Lastly, the Teras Collection’s Scaly Serpent Hook is a gorgeous depiction of a serpent, formed into a shaped hook— the snake as a symbol of a guardian spirit.

Each KIL N.Y.C. piece is made to order, allowing customers to choose their desired metal and options for gemstone accents. 

Available reclaimed and recycled precious metal options include sterling silver, 14K and 18K gold. From design to fabrication, each piece is made in NYC, with all polishing and shipping done locally. To reduce waste, KIL NYC uses recycled paper materials for shipping, and is carbon negative. 

The Arrows of Hercules pendant from KIL NYC's Teras Collection, which is inspired by Greek mythology
Arrows of Hercules pendant.

To contact KIL N.Y.C, email Sales and Operations Director, India Mankes-Falcon, at india@kil-nyc.com, or call/text 718-909-6429. For the Silo, Olga Gonzalez.

Featured image- Harpy, Medusa and Minos Rings, by KIL N.Y.C. Image courtesy of KIL N.Y.C. Photography by Little Wolf Creative.

About KIL N.Y.C.

Inspired by a life of travel and antiquities, jeweler, Konstantinos Leoussis created KIL N.Y.C. in 2018, to showcase his love of old-world techniques and motifs. KIL N.Y.C. puts an edgy and modern spin on sentimental jewelry, creating styles that are both easily wearable and instant heirlooms. 

Novel Warns North Americans Of Corrupt Bankers And Valueless Dollar

Back in 2012 The Silo reported on a dark novel titled Zurabia. That book held a plot that seems less like fiction with each passing year.  Corrupt bankers, a practically valueless dollar, hyper-unemployment and underemployment, home-grown terrorism, the uptick in natural disasters and the overall lack of trust in our most important institutions – these are some of the reasons all North Americans should be very, very concerned, according to author Peter Dash a world-traveled researcher for Harvard University’s Center for International Affairs.

Peter Dash and his novel

“I predict a brutal world ahead of us,” says Dash, author of “ZUrabia,” a book about rogue forces taking over the world’s most important institutions. “Unfortunately, I have been right since my research at Harvard in 1986, when I questioned the viability of government institutions to meet general needs and growing problems, both domestically and abroad.”

The pragmatic holiday shopper this year will purchase items to safeguard their families against these threats, which have been long in the making and won’t disappear quickly, he says.

From Dash’s homepage- a map of Zurabia complete with mountains and a mushroom cloud. Biblical ! CP

“Terrorism wasn’t inaugurated with 9-11; extremism in Muslim sects has been growing for decades, and Neo-Nazi groups are starting to flourish in failing states like Greece,” he says. “The dollar has been steadily losing its value since the creation of the Federal Reserve in 1913; climate change has been on the radar for quite a while; and there have been greedy bankers since, well, banks have existed.”

“If you’re confident that everything is sure to be okay, then you’re not paying attention,” he says.

He offers a four-point survival strategy for holiday and everyday shopping:

• Gold is good: The dollar has lost 95 percent of its value in 100 years, and it will continue losing value. As
the Reserve continues to flood money into the system, thereby reducing current or potential value, more inflation is inevitable, acting as yet another tax on wages. So, collect and buy any gold that you can and consider spending federal notes while they’re still worth something to businesses. Think about your
jewelry, and buying more. Silver is a good option if gold is too expensive, and there are Exchange Traded Funds, or ETFs, that are backed by physical gold. A reputable banker or broker can help explain for those who are interested. “TD Ameritrade or Charles Schwab may be good places to start getting information on gold and silver ETF trading,” according to Dash.

• Inflation: Spend your money now or smartly invest it before you lose it. Remember, banks often give clients less than one percent on many accounts, but inflation on food and real items we use, like gasoline, are going up by much more. In essence, your banker is stealing your money through the assistance of the Fed, which is killing your savings rate by cheapening money. As if to pour salt on this wound, the bank,
in many cases, lends money at four percent or higher. Rerouting some bank savings/wages by investing in canned food, for example, may protect you against the scourge of food inflation, as well as other disasters.

• Worthy purchases: With food and water, a failed society puts a premium on additional goods. They include home insulation, gardening tools and materials, computer programs and language learning kits – perhaps Spanish or Chinese – because of the increasing prominence of other cultures. Guns, security systems and other measures to protect one’s home will likely prove extremely valuable should law enforcement be spread too thin, or fail as an institution.

• Buy in bulk: Places like Wal-Mart or Costco will help you get the most value with large purchases of food. It’s important to be well-stocked if something happens that results in the emptying of grocery markets, but remember to have adequate space in your house, apartment or cabin for a “safe” room, which is part of a sound strategy for protecting you and your family.

Peter Dash has been a teacher, professor and corporate trainer for the last 17 years, working in Saudi Arabia, the former Soviet Union and China. He has an applied science degree in forestry from the University of British Columbia and a Masters in applied teaching from Southern Queensland in Australia. He was a researcher in world (dis) order and youth groups at Harvard University’s Center for International Affairs, started by Henry Kissinger. He follows the investment field intensely, focusing on commodity funds and trends.
Fifteen percent of his book’s royalties will go to needy students consistent to the many years Dash has worked in assisting voluntary youth organizations. He lives on a small tropical island that is stocked with the finest well water, fish and food. Dash invests in Gold ETFs and commodity trading companies.

SupplementalCBC radio interview with Dash on Zurabia