Many people are confused about the spot price when they are talking about how to buy gold and silver. People that are new to buying gold and silver expect to pay the spot price and make claims such as “I know what the spot price is and I will not be fooled to pay more”. …
Read moreHow to buy gold and silver – what price should I pay?
Welcome to Numismatic Traders! We review the 1 oz Austrian Philharmonic Gold Coin also known as Vienna Philarmonic or simply “Philarmonic”. The 1 oz Philharmonic Gold Coin is regarded by many as the most reliable bullion coin in the world. Its reliability is depicted by the fact that this coin’s design has remained exactly the …
Welcome to Numismatic Traders! In the quest to obtain knowledge about how to buy gold and silver, it is important to understand what is gold and silver. Most people have encountered gold and silver as expensive artifacts when buying jewelry. Those jewelry items are associated with gifts or declarations of love. Jewelry handed to a …
Read moreHow to buy gold and silver – what is gold and silver
Years of rumors and conspiracy theories about price manipulation in precious metal markets have been confirmed on 29 September 2020. JP Morgan Chase & Co admitted wrongdoing and agreed to pay over $920 million in a criminal monetary penalty, criminal disgorgement and victim compensation to the Commodity Futures Trading Commission (CFTC) on charges of JP …
Britannia rules the oceans, but does she rule bullion gold coins as well? The official gold bullion coin of Great Britain is the Britannia Series. The Royal Mint followed in the footsteps of the Krugerrand and the American Gold Eagle by issuing Gold Britannia Coins with a purity of 91.7% gold (22-K gold) in 1987. …
Australia has more gold to offer than merely the Australian Gold Coast. This country is well known for its vast and rich quantities of minerals and resources including its gold production. In the year 2019, Australia produced the second-most gold after China. Australian Gold Nuggets are gold bullion coins that have been minted by the …
What more can be said about the most popular U.S. Mint gold coin? The American Gold Eagle coin can be classified as an alloyed gold coin because it contains 91.7% gold with the remainder alloy of 5.33% copper and 3% silver. The American Gold Eagle can be classified with its ancestor the Krugerrand which has …
The Krugerrand highlighted the need for private citizens to take ownership of their own gold bullion. Individuals revealed an appetite for gold. The Krugerrand was dominating the gold market and South Africa was not shy to produce gold from its deep mines. The Krugerrand had a good run from 1967, as the first pure gold …
The Krugerrand coin is the most highly traded gold coin in the world. The Krugerrand is also the first legal tender gold bullion coin to gain worldwide use in the modern era. According to the Minerals Council of South Africa, well over 60 million Krugerrands in all sizes have been minted to date. Background of …
Welcome to Numismatic Traders! When you start buying gold and silver, it is important to consider the price of gold and silver before trading. Knowledge of the spot price of gold and silver will assist you to make an informed decision. Visit our page Latest Prices Page to see what the price of gold and …
