Precious Metal Values
Monday, November 30th, 2009It’s been especially beneficial nowadays to be abreast of precious metal values, as multitudes of former stocks and bonds holders are converting their dwindling wealth into short-term and long-term holdings in gold bullion and rare coin. Historically, precious metal values like gold’s generally appreciates during turbulent economic periods of inflation and dollar devaluation. Most of today’s economic experts are finally in agreement that actual economic recovery is realistically about ten years or so in the making, so pragmatic investors from coast to coast are purchasing rare coins like 22-karat Double Eagle coins, and bullion items like one-ounce American Eagle modern bullion coins.
Double Eagle coins are rare, $20 Lady Liberty, and $20 Saint Gaudens, 22-karat gold coins, which contain nearly a full troy ounce of pure gold (.9675 ounces). As impressive as their precious metal content is, their numismatic value is worth expansively more, which is why today’s serious investors are purchasing Double Eagles that have been officially certified by either the PCGS (Professional Coin Grading Service), or the NGC (Numismatic Guaranty Corporation). These coins are widely sought as long-term safe haven assets, while bullion investments in bars or coins are commonly used as short-term diversifications. Household investors typically purchase one-ounce and/or ten-ounce bars with reputable brand names like Engelhard, or Johnson Matthey, and the aforementioned American Eagles are also popular diversifications. Investors can avoid paying outrageous retail prices for their bullion and rare coins by contacting one of our friendly specialists, who offer institutional discounts to household investors like you.
John Burke




