All About Coins And Currency Collecting Site

A Great rare and collectible gold coins Resource.

More Gold & Silver Coins Info

Although central banks do not generally announce gold purchases in advance, some, such as Russia, have expressed interest in growing their gold reserves again as of late 2005. In early 2006, China, which only holds 1.3% of its reserves in gold, announced that it was looking for ways to improve the returns on its official reserves. Many bulls hope that this signals that China might reposition more of its holdings into gold in line with other Central Banks.
Buy us mint gold coins in our store.

Today, like all investments and commodities, the price of gold is ultimately driven by supply and demand, including hoarding and disposal. Unlike most other commodities, the hoarding and disposal plays a much bigger role in affecting the price, because most of the gold ever mined still exists and is potentially able to come on to the market for the right price. Given the huge quantity of hoarded gold, compared to the annual production, the price of gold is mainly affected by changes in sentiment, rather than changes in annual production.
In the mood for 5 dollar gold coins? Visit our store.

A final area of coin investing to consider are the bullion coins, especially coins that are traded at close to spot price (as opposed to Proof Silver Eagles and other premium U.S. Mint offerings.) With the growth of China and India and the likelihood that they will become "superpowers" within the next generation, all precious metals are expected to rise over the long term. Copper, in particular, is expected to boom compared to current prices.
Buy world gold coins.

The Latest american silver dollars News

Coin News Daily October 28, 2008

Tue, 28 Oct 2008 11:56:27 +0000
Collector Coin Market Stays Strong
By Debbie Bradley, Numismatic News
Harvey Stack calls it collector pride. That’s why the coin market today remains strong, despite the financial chaos on Wall Street. “A collector is one who has great pride in his assemblage,” said Stack, co-chairman of the auction house Stack’s. “The motivation for collectors is why we ...]

"Anyone with information that can help solve this crime is urged to contact Detective Max Subin of the Beverly Hills Police Department at (310) 285-2158, or call the PNG at (760) 728-1300," said PNG Executive Director Robert Brueggeman.

Labels: buy 1878 cc morgan silver dollars | us paper money | us radar paper money | old us paper money

posted by Money @ 2:29 PM