What is the price of gold per ounce, as of May 2011, the end of spring? As of May 27, gold is $1,535 per troy ounce. This symbolizes an excellent recovery, considering that gold actually dropped in value last month. However, gold has gained a lot of its momentum back.
And no wonder, considering the weak performance of the U.S. dollar. Despite the United States’ alleged victory over terrorism, not much improvement was shown in terms of economy. The U.S. dollar weakened and both silver and gold increased. MSN Money and The Street reported that gold and silver were up, peaking at $1,539.50 and $37.85 per troy ounce respectively. More…
Throughout human history, people have gone to great lengths to produce counterfeit bullion coins. In the last few years, as the price of gold and silver has risen by leaps and bounds, a growing number of investors around the world are opting to diversify their investment portfolios with precious metal bullion coins such as the Canadian Maple Leaf. Experienced coin collectors and investors choose precious metal dealers who have a reputation for excellence and who can assure each coin for its weight, purity, and authenticity. Others have not been as fortunate or wise when purchasing bullion coins.
In 2009, three men in New Jersey were arrested for passing off counterfeit gold Canadian Maple Leaf coins as the real thing. At the time, an authentic Maple Leaf would sell for about $1,000. The three thieves – David Bell, 57, William Gary, 52, and Hakim Shaheed, 55 – had one authentic coin on hand and used it to con over $1 million from jewelry store owners across the state of New Jersey. More…
Throughout human history, people have gone to great lengths to produce counterfeit bullion coins. In the last few years, as the price of gold and silver has risen by leaps and bounds, a growing number of investors around the world are opting to diversify their investment portfolios with precious metal bullion coins such as the Canadian Maple Leaf. Experienced coin collectors and investors choose precious metal dealers who have a reputation for excellence and who can assure each coin for its weight, purity, and authenticity. Others have not been as fortunate or wise when purchasing bullion coins.
In 2009, three men in New Jersey were arrested for passing off counterfeit gold Canadian Maple Leaf coins as the real thing. At the time, an authentic Maple Leaf would sell for about $1,000. The three thieves – David Bell, 57, William Gary, 52, and Hakim Shaheed, 55 – had one authentic coin on hand and used it to con over $1 million from jewelry store owners across the state of New Jersey. More…
When you are looking for a long term investment option, then you are making a good decision. You are not just thinking about your investments now. You are thinking about your goals and your future. Considering the state of the economy, it is a good idea to think about the long term. Since you are making this type of decision, you will need to choose the right method for investments. This is why you should consider the American Eagle gold coin.
Are you wondering what is so special about this coin? First of all, it is gold. Right now, more than ever, gold is of high value. In fact, gold stands out above all other precious metals as being valuable now and stable in the future. In fact, if you take a moment and look at the current news, you will notice that experts are indicating that gold is going to go up in value in the years to come. Because of this, now is a better time than ever to choose to invest in the metal. More…
The modern practice of collecting rare gold and silver coins has been going on for over a hundred years. This practice, known as numismatics by serious coin collectors, has provided people of all ages and of all backgrounds with an enjoyable way to spend an evening, a weekend, or an entire life. Rare coins are not only very beautiful to look at, they also make great learning tools for children as well as adults. Rare coins are a sign post back into history, each coin providing a window into our shared past. At the same time that rare silver and gold coins provide us with pleasure and learning, they are also an extremely smart investment strategy. Rare coins provide a tangible investment that should be the anchor to any well diversified portfolio.
One of the most sought after coins in the world is the Morgan Silver Dollar. The reasons this coin is so prized by collectors of rare coins are many, starting with the fact that some key date Morgan Dollars are among the rarest coins found in the world. These rare coins can fetch thousands of dollars among experienced collectors, and even more when they are in mint condition. The Morgan Dollar also happens to be one of the most mint condition coins available for purchase as well. This has to do with the fact that the Morgan Dollar, minted between the years of 1878 to 1921, was never released into general circulation. Instead, these coins were made to provide an outlet for the product of silver mines, and thus the Morgan Silver Dollar has been protected from wear and tear over the years. More…