Increased Demand For Gold Coins

May 07, 2013 16:21



Increased Demand For Gold Coins



Gold Coins Not Gold ETF's
Jim Cramer tells TheStreet's Debra Borchardt he prefers gold coins over gold ETF's. 'It's cheaper now than it has been in years.'

Gold Coins Not Gold ETF's

image Click to view



Gold Coins Is The Place To Be!

Gold Coin Demand Sustains
Gold Coin Demand Sustains

image Click to view



Gold coin demand continues to remain high, despite a sell off in paper markets, Morgan Gold's Ed Moy tells TheStreet's Joe Deaux.

Gold Price Plunge Triggers Buying Spree for Coins
Gold Price Plunge Triggers Buying Spree for Coins

April 25 (Bloomberg) -- Sales of gold coins by the U.S. Mint are heading for the highest total since December 2009 after prices in New York had the worst two-day slump in three decades. John Dawson reports on Bloomberg Television's "First Up." (Source: Bloomberg)

image Click to view



Warren Buffett Dissing Gold?
Warren Buffett Dissing Gold?

image Click to view



Warren Buffett wasn't bullish on gold this weekend, but RJO Futures's Phil Streible tells TheStreet's Joe Deaux what it means.

US Mint Suspends Sales of Smallest Gold Coins In Wake of Buying Frenzy

US Mint Suspends Sales of Smallest Gold Coins In Wake of Buying Frenzy

image Click to view



Could Gold and Silver Coins Become Legal Tender in Your State?

Confidence in the U.S. dollar is so low that 13 states are poised to recognize gold and silver coins as legal tender. Arizona is the latest state set to make the move.

The Republican sponsored Arizona measure sailed through the House of Representatives 36-2. The bill moves on for another vote in the Senate, where it got its first nod Feb. 28 in a 17-11 vote. Should it land on Gov. Jan Brewer's desk, it's good as gold.

Sen. Chester Crandall (R-AZ), the bill's sponsor, says the move "is the logical thing for the state of Arizona to do."

The bill doesn't mean residents will pay for groceries and utilities with the coins. It's more of a backup plan that provides "a lifeboat for Arizona so that we can construct Plan B" when paper currency is no longer widely accepted.

Utah led the way in 2011 when it sanctioned bullion as currency with the Legal Tender Act.
States considering similar bills include Colorado, Kansas, Idaho, Indiana, Missouri, Montana, New Hampshire, South Carolina and Virginia.

Why States Are Turning to Gold and Silver Coins? Continue Reading At The Source Wall Street Examiner

New Bullion Businesses Squeezed?

With the 10-15 percent drop in gold and silver prices from April 12-15, the number of people liquidating their bullion-priced coins and ingots has dropped significantly. Even more, the number of people cashing in their gold jewelry, sterling silverware and the like has also fallen sharply.

A recent report stated that companies who jumped into the gold buying business over the past few years have seen their purchasing volume decline by more than 50 percent from what it was before April 12. A survey of pawn shops, check cashing places, jewelry stores and other johnny-come-lately buying businesses shows the owners claiming that volume has disappeared almost as fast as it increased when they added a jewelry-buying service to the rest of their businesses.

Coin dealers who also sell bullion-priced gold and silver are also noticing the fall off in buying inventory from the public. However, at the same time they are enjoying soaring demand for physical gold and silver. This rise in sales masks the fall in purchasing activity.
Continue Reading At The Source Numismaster

Will Bond Purchases Push Up Gold?
The Federal Open Market Committee met and the result was more doublespeak from Chairman Ben Bernanke. Prior to the meeting it was being rumored that the Fed would start to curtail its $85 billion monthly bond buying program down to $50 billion or so. But the economic numbers are so mixed that the announcement was more to the effect that they will continue and if necessary increase.

The Bank of Japan recently announced that it will put more of its $1.2 trillion of reserves into exchange traded funds to reflate their economy. This simply means stock equities. At the recent G20 meeting that prompted a reporter to inquire of the other central banks present. The answer, it seems, is that about half of the world’s biggest central banks have started putting a significant amount of their reserves into equities and the other half are planning to do so in the future. Continue Reading At The Source Numismaster

Previously Posted On FUN Forums Blog

View ALL our Gold Mining related posts Here

View ALL our Gold related posts Here

Gold Rush Television Episodes

Bering Sea Gold Episodes

Rare Coin Stories

The Secrets of Gold

A Look At Macchu Picchu Both Past & Present Day

Natwest Bank Loses Safety Deposit Box Filled With Family Heirlooms

FUN Convention TV's Explore the Bourse Floor Featuring Piedmont Gold Panners

F.U.N Convention TV's Coin Tales from the Bourse Floor Featuring Daniel Frank Sedwick

MODERN MARVELS Gold Mines

How About a Fort Knox of Your Own?

Widow Finds Rare Queen Anne Coin In Drawer

Montana Tells Lawmaker Gold Is For Fools

Italy's Growing Gold Business Taken Over By The Mafia

The Ascent of Money: A Financial History of The World

The Millionaire Next Door
Gold worth $7 million found in house after Nevada man dies

Massacre in South Africa Police Shoot & Kill 34 Miners

Charlie Chapin The Gold Rush [1925]

Decoded - Fort Knox

Augustus Saint-Gaudens: The Man, The Artist, The Sculptor
Augustus Saint-Gaudens was the first sculptor to design an American coin. The $20 gold piece he designed in 1907 at the request of Theodore Roosevelt, is considered this country's most beautiful coin and is called a "Saint-Gaudens" by coin collectors.

Exotic Cars Made Of Gold, Coins & Diamonds
Clearly in this case, the old saying The Difference Between Men And Boys Are The Price Of Their Toys fits

The Bamburgh Village Coin Story
“I knew straight away that it was very old but was happy to have it properly dated.
“It was a fantastic find and amazing to think that I had a 1000-year-old coin in my hand.
“I’m told William the Conqueror never made it this far north himself but that his son, William Rufus, successfully seized the castle in 1095 so the coin might have come here then.”

2,000 Year-Old Gold & Silver Hoard Uncovered
A Spectacular 2,000 Year Old Gold and Silver Hoard was Uncovered in an Archaeological Excavation the Israel Antiquities Authority Conducted in the Qiryat Gat Region The treasure trove comprising c. 140 gold and silver coins together with gold jewelry was probably hidden by a wealthy lady at a time of impending danger during the Bar Kokhba Revolt

Homeless Man in Texas Will Keep $77,000 Found in Treasure
fter months of investigations, the City Council of Bastrop, Texas, has decided to let a homeless man named Timothy Yost keep the $77,000 worth of cash and collectible gold coins that he found by the Colorado River earlier this year, Fox 7 News reports.

Australia police determining owner of buried coins POLICE are trying to determine who has claims to a collection of historic gold coins uncovered on a building site in Albany. Albany police said workers doing excavations on Stirling Terrace had found around 300 gold sovereigns buried under concrete. Initial reports said the sovereigns dated back to the year 1800, and were worth more than $500,000.

Decoded Confederate Gold
Brad Meltzer and his team dig into one of the Civil War's most enduring legends:
that millions of dollars' worth of missing gold and silver from the Confederate
treasury are still buried in secret hiding places across America.

Masterminds Fools Gold Season 1 Episode 14

MegaStructures Tau Tona City Of Gold

Columbia's Gold Rush
What you will find within this blog post is a host of interesting videos, coupled with articles and company press releases culminating in a story that reads like a suspense novel. Will the residents of Marmato leave their homes willingly, accept the terms of the relocation program, and settle in nearby El Llano?

Pan For Gold On The Streets Of New York City!
A man makes up to $300 dollars a day by panning for gold and rare gems simply by walking the streets of New York City.

History Channel: Ancient Aliens- Aliens and Temples of Gold Season 3 Episode 4
This episode contends that aliens came to Earth to mine gold. Examined are the legends of cities of gold such as El Dorado and Paititi; Lake Puray in Peru where UFO sightings may be linked to gold beneath the lake; the gold-creating device called the Philosopher's Stone; the Hall of Records beneath the Great Sphinx of Giza, (suggested to be a repository of ancient knowledge); a Medieval church in the French village of Rennes-le-Château that may hold the secrets of alchemy; and Scotland's Rosslyn Chapel where a helix-shaped pillar, (suggested to represent DNA), may be the hiding place of the Holy Grail.

Opinions? Please Share Them Below In Comments

Quick Links To 2013 FUN Show News

The 58th Annual FUN Convention took place January 10-13, 2013 at the Orange County Convention Center in Orlando, Florida. The 2013 Convention Theme was "Buffalo And Hobos A Centennial Celebration. Did you attend the F.U.N. Show? If you missed it, we've posted some of the highlights below, simply click the links and explore all that the F.U.N. show has to offer.

Coin Tales From The Bourse Floor Video Interviews

Explore The Bourse Floor Video Interviews

2013 F.U.N. Young Numismatists Meeting

Minor Details: A Young Numismatist's Perspective On Coin Collecting: Featuring Abigail

Minor Details A Young Numismatist's Perspective On Coin Collecting: Featuring Justin Wurst

2013 FUN Boy Scout & Girl Scout Coin Collecting Merit Badge Clinic

Spotlight On: Dealer Club Original Hobo Nickel Society

A Note From Your Moderators

Sharing Is Caring. You don't have to be a member of F.U.N. to comment. Comments are welcome from everyone FUN Members, Collectors, Dealers, and Convention Guests (i.e. General Public). Simply take a moment to register for a LiveJournal Account LiveJournal also offers you the ability to post and comment using your credentials from other external sites, such as Google, Facebook, and Twitter. In addition, to sites that use OpenID

Members are encouraged to create discussion posts to share Numismatic News. Won’t you please share your thoughts and opinions with us.

Utilize Tags
Make "tags" your friend. Do you want to search for something by topic? Click Tags to view various topics. Once on the tags page, click the subject that interests you. All posts related to that topic will appear for your reference. There is also a Directory link list on our Welcome Page for your easy reference. Everything you wanted to know is right at your fingertips. It is really just that easy. :)

The tags link is located on our user profile page. Every offering on fun_forums is tagged to make finding articles on a particular topic easier later.

Other helpful hints for posting in this community can be found in the following threads:
Community Rules
F.U.N. Forums Directory
F.U. N. Forums Frequently Asked Questions
Topics of interest should range from upcoming conventions, numismatic laws relating to the industry and/or your latest numismatic discovery. If the topic falls into the realm of “Numismatic News” it can be shared. So please consider giving back to your community by creating a post.

The fun_forums community is for fellowship, fun and informational purposes only. It was NOT created for you to direct traffic to your own blog or web site. Therefore, please refrain from posting advertisements for your business. All solicitation postings will be deleted from the community.

Disclaimer: All content found within FUN Forums or FUN Convention TV is presented for informational purposes only. Florida United Numismatists, Inc. makes no guarantee as to the suitability, accuracy, correctness, completeness or validity of any information found on these sites and will not be held liable for any errors, omissions, delays in the information, damages, nor any losses or injuries arising from its display or use. Articles, commentary or opinions are contributed by the participants or author(s) without compensation and they are solely responsible for the content. All information is provided on an as-is basis.

Mark Your Calendars

Be sure to mark your calendar and come see us at the FUN Show!

7th Annual Summer FUN Convention: July 11-13, 2013 - OCCC West Building, Hall WC, Orlando, Florida

59th Annual FUN Convention: January 9-12, 2014 - Orange County Convention Center Orlando, Florida

8th Annual Summer FUN Convention: July 10-12, 2014 - OCCC West Building, Hall WA1, Orlando, Florida

60th Annual FUN Convention: January 8-11, 2015 - Orange County Convention Center Orlando, Florida

9th Annual Summer FUN Convention: July 9-11, 2015 - OCCC West Building, Hall WA2, Orlando, Florida

You may also
AND
to track updates for fun_forums

Thanking You In Advance,
fun_forums Mods ♥



in the news, gold standard, gold, u.s. mint, banking, videos, numismatic, gold bullion, rare coins, gold coins, coin and currency dealers

Previous post Next post
Up