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Gold Coins “the hottest property”

Gold coins ‘the hottest product’
Friday, 7th May 2010 (489 views)
Gold coins continue to be a highly-coveted asset among investors and collectors alike as new figures from the US Mint show that they were popular purchases in April.
Coin News reports that gold numismatic pieces have been some of the “hottest products” in the coin-collecting world in recent weeks.
Some 60,500 American Gold Eagle bullion coins were sold throughout the month of April, while 56,500 American Buffalo gold pieces were snapped up in their two-day debut last month.
Despite only going on sale in April, 70,000 of these coins have already been sold, which is the equivalent of 35 per cent of the total purchased by collectors throughout the whole of 2009.
First Spouse gold coins have also performed well of late, by nearly doubling their previous weekly figure with orders coming in to the Mint for 785 of the items in comparison to the 404 that was noted the week before.
Elsewhere, Greg Rohan, president of Heritage Auctions, recently advised that gold numismatic pieces have been dominating among all categories at auctions in April. provided by Adfero Limi
Friday, 7th May 2010
Gold coins continue to be a highly-coveted asset among investors and collectors alike as new figures from the US Mint show that they were popular purchases in April.
Coin News reports that gold numismatic pieces have been some of the “hottest products” in the coin-collecting world in recent weeks.
Some 60,500 American Gold Eagle bullion coins were sold throughout the month of April, while 56,500 American Buffalo gold pieces were snapped up in their two-day debut last month.
Despite only going on sale in April, 70,000 of these coins have already been sold, which is the equivalent of 35 per cent of the total purchased by collectors throughout the whole of 2009.
First Spouse gold coins have also performed well of late, by nearly doubling their previous weekly figure with orders coming in to the Mint for 785 of the items in comparison to the 404 that was noted the week before.
Elsewhere, Greg Rohan, president of Heritage Auctions, recently advised that gold numismatic pieces have been dominating among all categories at auctions in April.
provided by Adfero Limited
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