Gold Coin Prices Could Rise Even If Spot Gold Falls, Reports GoldCoin.net
Dallas, TX (PRWEB) July 16, 2013 -- Gold prices have been all over the place lately, but at least one gold dealer has found the silver lining in gold’s erratic streak of the last few months. GoldCoin.net released a report on gold coin premiums this week, and it has analysts and investors all across the country clamoring for certified gold coins.
The long-standing exchange’s report shows that while the majority of today’s most popular gold coins hold premiums above the gold spot price that have hardly changed over the years, other coins could be poised to gain value due to increasing premiums, even if gold itself does not rise. GoldCoin.net vice president of market Stewart Lawson held a press conference today to explain the report’s findings.
“While premiums for coins minted in the 1970s or later have, for the most part, remained the same since 2003, premiums on older gold coins have been as high as 249 percent above spot but are now 20-40 percent above spot gold,” Lawson said. “The profit-to-risk ratio for coins minted in the United States prior to 1933 is much more favorable than for newer coins, and our research indicates that certain coins, especially Double Eagles, have the potential to gain up to 24 percent in value over the next couple years even if the gold spot price fails to move one penny.”
Lawson believes that older investors are becoming more internet savvy, leading to them having a better understanding of gold bullion confiscation and allowing them to keep up with ever-evolving economic news. Additionally, Lawson says that GoldCoin.net’s free online tutorials and marketing campaigns designed to show investors that buying gold coins doesn’t have to make them coin collectors have been incredibly successful.
Gold Coin (GoldCoin.net) has over two decades of experience advising household investors on smart physical gold and silver investments and gold coin IRA and 401k plans. They buy and sell all types of precious metals and offer free home delivery. For more information or a free “Gold Coin Starter Kit,” visit http://www.goldcoin.net or call 1-800-425-5672 today.
James R., Certified Gold Exchange, http://www.CertifiedGoldExchange.com, 1-800-300-0715, [email protected]
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