Silver gave back 4.0% this week, its sharpest single-week drop in recent memory, and if you're holding 90% silver or American Silver Eagles, you felt it. An ASE's melt value fell to $57.59 — down $2.38 from last week — while a Morgan or Peace dollar shed $1.84, landing at $44.54. Gold wasn't spared either, sliding 2.6% to $4,000.06, the psychologically significant four-thousand-dollar level that felt solid just a week ago.

Stack's Bowers Galleries set a Summer Showcase Auction record with nearly $13.2 million in realized prices across rare coins, medals, and more — a headline result that underscores just how active the collector market remains even as spot metals pull back. Strong bidding was reported across diverse categories, reinforcing what PNG's new president called a "new frontier" driven by younger collectors and strong cross-market demand. For sellers, the gap between melt and collector premium has rarely looked wider.
The U.S. Mint's "Freedom Ringing" Liberty Bell coins and silver medal go on sale July 16 at noon EDT, becoming the first non-round coins the Mint has struck since the octagonal Panama-Pacific $50 gold piece in 1915. Available in half-ounce gold, one-ounce gold, and half-ounce silver, all pieces were hand-loaded and struck in Philadelphia's Research and Development Lab. The designs pair the Bell and dual date 1776 ~ 2026 on the obverse with Independence Hall and celebratory fireworks on the reverse — and quantities are strictly limited.
The U.S. Mint struck 250,000 special 2026 Declaration of Independence quarters with a "JULY 4th" privy mark and released them randomly into circulation through banks nationwide ahead of Independence Day. NGC put a $2,500 cash bounty on the first submission from a paid collector member — and that bounty has now been claimed. The coin carries no P or D mint mark, setting it apart from the standard Declaration quarters; if you find one in your change, it's still worth sending in for grading and the America250 certification label.
| Gold | $4,000.06/oz | -2.6% |
| Silver | $57.59/oz | -4.0% |
| Platinum | $1,601.60/oz | -2.1% |
| Palladium | $1,253.84/oz | -0.7% |
The silver slide hit every junk silver denomination in lockstep: 90% dimes dropped to $4.16 (-$0.17), quarters to $10.41 (-$0.43), and halves to $20.83 (-$0.86) — a clean 4% haircut across the board that mirrors spot to the cent. With platinum and palladium also in the red, this was a broad precious-metals pullback, not a silver-specific story.
| 90% Silver DimesBarber, Mercury, Roosevelt | $4.16 | -$0.17 |
| 90% Silver QuartersBarber, Standing Liberty, Washington | $10.41 | -$0.43 |
| 90% Silver Half DollarsWalking Liberty, Franklin, Kennedy '64 | $20.83 | -$0.86 |
| Morgan / Peace Dollar | $44.54 | -$1.84 |
| American Silver Eagle1 troy oz | $57.59 | -$2.38 |
| Gold Eagle (1 oz) | $4,000.06 | -$106.03 |
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2026 Modern Quarters
102 collectors own this coin
+43 added this week