International Precious Metal
Tuesday, November 10th, 2009Investors who are seeking a long-term safe haven precious metal investment generally purchase American rare coins like Double Eagles, and limit their taste for international precious metal to bullion coins, as short-term diversifications for more costly rare coins. Double Eagle coins are rare, 22-karat $20 Lady Liberty, and $20 Saint Gaudens gold coins, minted from 1850 to 1907, and from 1907 to 1933, respectively. These two coins have been among the best-performing coins in gold for the past three years, as their numismatic value generally tends to appreciate over time, particularly during periods of economic duress. Today’s serious long-term investors are using Double Eagle coins, and diversifying with a wide range of international precious metal bullion from various countries.
Since bullion coins possess no numismatic value like rare coins do, their prices usually hover slightly above the current gold spot price, which is the cost of one troy ounce of pure gold. International precious metal bullion coins all contain nearly one troy ounce of pure gold, although they vary between 22, and 24-karat purity, and are also minted in smaller denominated versions of the one-ounce coins, for greater affordability. Popular 22-karat international bullion includes South African Krugerrands, and British Sovereign coins, which contain added alloys for greater durability. 24-karat bullion coins include Canadian Maple Leafs, Chinese Pandas, Austrian Philharmonics, and Australian Kangaroos, Koalas, and Lunar coins. Investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer institutional discounts on bullion, and rare coin.
John Burke




