akdrv Posted January 1, 2007 Report Share Posted January 1, 2007 Westcliff, Essex (PRWEB) December 31, 2006 -- Over the past 5 years purchasers of gold bullion have seen the price of the yellow metal more than double from $320 to $630 per Troy Ounce (31.1 grams), peaking as high as $740. Over the same period a mint state $10 Indian Head gold coin (1907-1933), containing half the weight in gold (15 Grams) has rocketed from $650 to $3,000. More remarkable is a smaller denomination in the same series. The $5 Indian Head, has only 7 grams gold, but in only 2 years the wholesale price has moved from $1300, to an astounding $4,000. Stuart Allen managing director of Signature Rarities Ltd, one of only a handful of European dealers specializing in certified pre 1933 US gold and silver remarked: "As good as the rises in the price of gold, informed collectors have long known the benefits of possessing coins. The key is rarity, not the metal" http://www.prweb.com/releases/2006/12/prweb494283.htm Link to comment Share on other sites More sharing options...
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