Spot prices

Westminster Mint provides free real time price quotes on gold, silver, platinum and palladium. People interested in the precious metals market can follow the prices and see trends develop 24/7 on the world market by using our free current and historic price charts and graphs. Track your holding and measure how you are performing against other commodities and stock market indexes such as the Dow Jones, S&P 500, S&P Euro currency, Crude Oil and the U.S. Dollar. You get access to exactly what you need to know-when you need to know free and in real time.

Friday, July 17, 2009

Collector Coins

Collector Coins

Many factors determine the value of collector coins, such as its rarity, age, condition and the number originally minted.. Historically when gold goes up, rare coins follow, often with a significant lag. However, when the rare coin market does go up, it goes up much faster and farther than the market in gold bullion. Reliable, independent reports show that average annual returns on rare coins have historically been more than 400 percent greater than the returns on gold bullion.

A recent study, which was originally done for the Joint Committee on Taxation of the House and Senate, showed that U.S. rare coins were a better hedge than gold and produced far better investment returns. This study, updated through 2006, provides a comparison of the investment performance of gold and rare coins. Conducted by Raymond E. Lombra, Professor of Economics at Penn State , the study served as the investment basis for legislation that was passed by Congress and which provided for the inclusion of gold in Individual Retirement Accounts. The conclusions over the 28-year period covered by the Lombra Report show that

• The average annual return on rare coins was more than 400% greater than the return on
• The return on rare coins in their best year was approximately 100% greater than the return
on gold in its best year.
• The return on rare coins in their best three years was approximately 100% greater than the
return on gold in its best three years.

Tuesday, July 14, 2009

Canadian Maple Leaf Gold Coin

One of the most practical ways to invest in gold is to own Canadian Gold Maple Leaf coins, produced by the Royal Canadian Mint. Every Maple Leaf coin is guaranteed by the Government of Canada for its weight and purity. Because of this, Maple Leafs are easy buy and sell anywhere in the world where precious metals are traded. The Canadian Gold Maple Leaf coin commands universal respect and attention, as it has been traded on the world market since 1979. And it was the first gold bullion coin to be minted in the ultimate 99.99% purity. No gold coin in the world boasts a higher purity.
Maple Leaf – CanadaWeight: 1 troy ounceDiameter: 30 mmPurity: 24 karatCondition: BU