After the surprising success of their swan silver coin, the Perth Mint follows up with a special collector’s edition in proof quality. The proof swan will be available in gold and silver. The collectors coins are based on the bullion design. The swan actually planned as an investment coin, but turned into a collectors item instantly because of the low mintage of only 25.000 pieces in BU quality. The proof version will be struck in silver with only 2,500 pieces and in gold only 5,000...
Mint factories are normally shielded as strictly as high security jails. Film and photo recordings are strictly forbidden, employees are checked on a daily basis before entering the sacred halls. But the interest in the production of a coin is great – many collectors and investors would like to see with their own eyes, how their golden treasures are created. A German precious metal trader now offers a rare insight into the birth of a coin: Dominik Kettner from the precious metals...
In recent years, a reduction in the limit for anonymous precious metal purchases was discussed again and again. So far, this did not occur, but now the time has come: Until June 26, 2017 precious metals traders have to implement an EU target in Germany, which has major implications: in future anonymous precious metals transactions are only possible up to a limit of 10,000 euros , this limit used to be 15,000 euro. What at first glance seems to be a small reduction, has drastic consequences for...
The Royal Mint takes the occasion of the “London Platinum Week” to announce their entry into the trade in platinum products. Since mid-May, Royal Mint coins and bars are available in platinum – for the first time in over a thousand year history of the Royal Mint. At the beginning of the Royal Mint’s platinum product line extension, a 500 gramm and one kilo platinum has been introcused, bullion bars to 100 grams and one ounce of platinum will follow later. Additionally, a...
Gold is very popular in the Arabic World, but Gold products have to meet strict standards to comply with the Shari’ah rules. The Royal Mint from the United Kingdom has announced now that they are the first mint worldwide to achieve compliance with the Shari’ah Standard on Gold for retail sales of its gold and silver bullion coins and bars. With its innovation, the Mint is now able to sell their products to a wider audience of investors. The bullion products of the Royal Mint bullion have been...
If someone wants to argue against gold and wants to take the easy way out, should use the following argument: “Gold does not yield interests”. For years, this sentence could be read again and again, because actually gold does not guarantee safe profits. However, the argument has become worthlessin times of zero interest rates – because call money or the good old savings account guarantee virtually no interest nowadays. And that’s not all: By rising inflation savings may...
The German capital has produced big news once again – this time it’s not a mishap airport, but a similar curious story: A rare example of the “Big Maple Leaf” XXL edition of the popular Canadian Bullion coin was stolen from the Bode Museum in Berlin. The nominal value of the giant coin is one million Canadian dollars, equivalent to about 700,000 euros. The gold value was 3.75 million euros at the end of March 2017. . From the record coin there are only five pieces...
The rush to coin fairs such as the “World Money Fair” and the massive interest in gold bullion coins creates the impression that gold has increasingly developed from an insider investment to a mainstream investment product. In fact, gold is still a fair way off from that. Although in opinion polls, the agreement for gold as an investment product has been constantly growing for years, to date “only” every eighth totenth German actually possesses gold for investment...
The worldwide supply of gold is at first glance surprising manageable – this is particularly impressive when you look at the headquarters of the precious metal trader “pro aurum”. The dimensions of the building in accordance with the amount of gold that has been promoted in all of human history before. In accounting terms, the global gold, if you could gather it in one place a cube of only 20 meters edge length. This corresponds to approximately 166,000 tons of gold. However...
Only 15,000 copies were minted worldwide, the amount for the German market is estimated at a few hundred pieces – the excitement that started at the World Money Fair, when the “proof” version of the silver Krugerrand was first presented to the public, was nosurprise. And most potential buyers came away empty-handed. The precious metals trader “pro aurum” describes in his “Newsroom” the particular interest that the “Krugerrand” recieved in...