Precious Metals Quotes
The pre-1933 "common date" or "generic" gold and silver coins, as they are typically called, include the gold Liberty Head, Indian Head, and St. Gaudens as well as the Morgan and Peace Silver Dollars. You can see images of these coins by going to www.pcgs.com and clicking on the Coin Guide tab on the bottom left of the website. I generally go to goldinfo.net, which is linked to Austin Rare Coins. [2008] - Shayne McGuire
Each time gold has rallied, rare coins have risen much faster. [2008] - Shayne McGuire
Rare coins should represent less than 10 percent of your investments. [2008] - Shayne McGuire
A rare coin shop generally needs to raise its coin prices at least 15 percent above cost. [2008] - Shayne McGuire
If you decided to pick up Bowers' The Expert's Guide to Collecting & Investing in Rare Coins, a 600-pager, or the hundreds of other books published on the subject, with a great deal of time and effort you might discover a way to profit from 1905 music box tokens. [2008] - Shayne McGuire
Stick with precious metal coins that are widely desirable, that any coin dealer is familiar with, and you will find that there are really only a handful of rare coins that are truly and ultimately liquid. [2008] - Shayne McGuire
Unless you want to invest the lengthy time and deep effort needed to become a serious coin collector/investor, I recommend staying with pre-1933 common date gold Liberty Heads, Indian Heads, and St. Gaudens gold and Peace and Morgan Silver Dollars coins that have been on collectors and investors' minds for decades. [2008] - Shayne McGuire
Unless the price of a rare coin is very near the price of gold (say a premium below 15 percent, as is the case with the very common pre-1933 Swiss Helvetia) its premium over gold will be based on the coin's authenticity, grade and rarity. [2008] - Shayne McGuire
Only buy certified rare coins. A coin graded 70 is flawless, as if fresh from the mint. Coins graded between 60 and 70, representing their good condition, are regarded as being "uncirculated" and in "mint state". [2008] - Shayne McGuire
When investing, buy high quality rare coins. Coins graded below MS-60 like gold St. Gaudens and Morgan Silver Dollars with scratches and other defects are so common that they trade near the value of their metallic content. [2008] - Shayne McGuire
I think the value of a broad array of rare coins, including the most common and moderately-priced, could begin to rise sharply - and faster than gold and silver. [2008] - Shayne McGuire
Trading under the ticker "SLV" since 2006, the iShares Silver Trust held 141 million ounces of silver as of now. [2008] - Shayne McGuire
Silver is far more volatile than gold. [2008] - Shayne McGuire
Gold is the only widely accepted monetary asset that cannot be printed. [2008] - Shayne McGuire
If gold rises to $10,000 an ounce, which I believe is probable, this would reflect less a speculative surge in the value of a precious metal. [2008] - Shayne McGuire
Once monetary balance is restored, gold and silver will stop being investments promising strong returns and go back to being essentially refined and shaped rocks, as they should be. At that time, stocks should regain their position as the investment of choice and I hope to be selling much of my gold and silver. [2008] - Shayne McGuire
Gold is commonly viewed as a hedge against inflation, an alternative to the U.S. dollar, and as a store of value in times of economic or political uncertainty. Over the long term, the relationship is mostly inverse, with a weaker USD generally accompanying a higher gold price, and a stronger USD coming with a lower gold price. Overall, the gold market is significantly smaller than the forex market, so if we were gold traders, we’d sooner keep an eye on what’s happening to the dollar. [2007] - Mark Galant
Coins like the American Eagle, the Krugerrand, and the Canadian Maple Leaf are known as bullion coins. It’s now possible to build a collection that also includes the French Rooster, Chinese Panda, and Austrian Philharmonic, along with bars of various size minted by banks like Credit Suisse and UBS, and refiners like Johnson Matthey. [2004] - James Turk
Bullion dealers are scarce, and most bullion is bought online or over the phone and delivered through the mail. [2004] - James Turk
Higher-weight coins tend to offer more gold for your money. [2004] - James Turk