gold coins

Related Reading On Offshore Safe Deposit Boxes Blog

Survival And Prosperity readers may have noticed not only was this blog “rebooted” on November 1, but Offshore Safe Deposit Boxes and it’s sister site Offshore Private Vaults as well.

And right now I’m in the middle of a series of posts on OSDB about physical gold and storing it overseas.

Posts so far this week have included “Nomad Capitalist’s ‘10 Tips For Buying Gold In 2018’” and “Mark Nestmann: Offshore Your Physical Gold”.

For the remainder of the week I’ll be blogging about gold coins, carrying these out of the U.S., and a comparison of several offshore jurisdictions for storing precious metals and other valuables.

Feel free to stop on by my Offshore Safe Deposit Boxes blog should you be interested in any of this related material.

Christopher E. Hill
Editor

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Wednesday, December 6th, 2017 Commodities, Housekeeping, Investing, Precious Metals No Comments

Numismatic News: ‘Precious Metals, On Average, Have Outperformed U.S. Stocks Since The End Of 1999’

“Past performance is not indicative of future results.” That being said, I spotted the following over on the Numismatic News website tonight. Pat Heller reported Thursday:

While much attention is now focused on U.S. stock indices reaching record levels, only a handful of people are aware that precious metals, on average, have outperformed U.S. stocks since the end of 1999.

As measured in U.S. dollars, here are how various asset classes have performed from Dec. 31, 1999, to Dec. 30, 2016

Gold +299.0%
Silver +193.5%
Russell 2000 +168.9%
MS-63 $20 Saint-Gaudens +147.9%
MS-63 $20 Liberty +139.8%
Platinum +111.5%
Dow Jones Industrial Average +71.9%
Switzerland Franc +56.4%
MS-65 Morgan dollar +54.4%
Palladium +54.1%
Standard & Poors 500 +52.4%
NASDAQ +32.3%
China yuan +19.2%
Australia dollar +9.8%
Canada dollar +8.2%
Euro +4.5%
Japan yen -12.7%
Great Britain pound -23.6%
Brazil real -44.3%
Mexico peso -54.3%
South Africa rand -55.0%…

(Editor’s note: Bold added for emphasis)

Interesting. Note the performance of numismatic coins ($20 Saint-Gaudens, $20 Liberty, Morgan dollar) in that list.

The inclusion of “MS-65 $20 Saint-Gaudens”- popular with numismatic gold investors- in the analysis would have been neat to see.

I just blogged about a MarketWatch piece on rare coin investing this Tuesday, which pointed out:

Between 1979 and 2014, the most recent year for which data is available, coins with a minimum score of 65 posted an average annual return of 11.9%, according to a study by Penn State University. That’s near the average annual return of 13% posted by equities and more than twice the 5.5% average annual gain of gold bullion. Coins with a lower score, between 63 and 65, had an average annual return of 10.1%.

(Editor’s note: Bold added for emphasis)

Getting back to that Numismatic News piece, Heller also discussed long-term performance of some major currencies against an ounce of gold and recent demand for precious metals. An informative article, which you can read in its entirety on the publication’s website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information contained herein.)

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MarketWatch: ‘Rare Coins Could Outperform As Investments This Year’

“Alternative” investments seem to be attracting more attention these days.

On January 19, I pointed out a recent Town & Country magazine article about jewelry investing.

This afternoon, the MarketWatch website (a subsidiary of Dow Jones & Company) published a piece about rare coin investing. Ryan Vlastelica reported:

With inflation expected to rise this year, and a concurrently strengthening U.S. dollar seen eating into any gains that might be made by pure gold, investors may want to consider a niche asset class as a protection against market turbulence: rare coins

Between 1979 and 2014, the most recent year for which data is available, coins with a minimum score of 65 posted an average annual return of 11.9%, according to a study by Penn State University. That’s near the average annual return of 13% posted by equities and more than twice the 5.5% average annual gain of gold bullion. Coins with a lower score, between 63 and 65, had an average annual return of 10.1%.

Coins posted a higher correlation with inflation than other asset classes, according to the study, with the relationship about twice as strong as for gold. The correlation between coins and inflation is 0.58 (perfect correlation would be 1.0). It’s 0.27 for gold bullion and 0.15 for stocks. The higher the correlation, the better it works as a hedge

(Editor’s note: Bold added for emphasis)

When it comes to rare coins, prospective investors might want to heed an adage made popular by numismatic literature dealer Aaron Feldman in the last century:

“Buy the book before the coin.”

You can read the entire article on the MarketWatch website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information contained herein.)

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Related Reading: Martin Armstrong Says Old Gold Coins Better Than Bullion Against Confiscation

This evening I published a post entitled “Martin Armstrong: Old Gold Coins Better Than Bullion Against Confiscation” over on my other blog, Offshore Safe Deposit Boxes.

Head on over to that site here if you’re interested in hearing what the economist has to say.

Christopher E. Hill
Editor

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Advertiser Spotlight: Buy Gold And Silver Coins (BGASC)

Last June, I received an e-mail from an affiliate marketing partner of Survival And Prosperity which said they were terminating the relationship due to “nexus tax implications.” Curse this state (just kidding). Because blog readers were interested in the goods they sold (physical bullion), I searched for another reputable online retailer of gold and silver products to replace (surpass?) them. Enter Buy Gold And Silver Coins (BGASC). From the Calabasas, California-based bullion dealer’s “About Us” page:

Our goal is to be the kind of dealer we’ve always wanted to trade with: to be in stock, ship fast, be fair & reasonable, and operate honestly and efficiently. BGASC is one of the largest coin and bullion dealers in the United States. We are an Official PCGS Dealer, member of the Certified Coin Exchange (CCE), an NGC Collector’s Society Member, and a Bulk Purchaser of United States Mint non-bullion coins. Every single package we ship is sent fully privately insured for its time in transit. Customers all across the country have quickly come to recognize BGASC as one of the largest, fastest, most trusted online precious metals suppliers in the U.S. But you don’t have to take our word for it… Read BGASC Customer Reviews

In addition to being an official PCGS dealer, BGASC is also an American Numismatic Association member and listed in the ANA dealer directory.

Buy Gold And Silver Coins “stock a Large Selection of Gold and Silver Bullion Coins, Bars and Rounds as well as PCGS & NGC Graded Numismatic Coins.” Prices are “ultra-competitive” and they have “NO hidden fees, NO commissioned sales, and we don’t do phone solicitation calls either.” On their website, there’s an “ON SALE” section which routinely features “current sales, price reductions, and specially priced gold and silver bullion.” Right now, there’s a big silver sale going on.

BGASC also sells coins supplies and provides information on precious metals IRAs via their website.


“BGASC.com Silver Bullion Bars & Coins Unboxing – Behind The Scenes”
YouTube Video

Orders totaling $250 and up ship FREE (usually next business day). And according to their website, orders less than $250 ship for only $5.95 (no order minimum). Each package carries full shipping insurance (underwritten by Lloyd’s of London) during its time in transit, and is trackable by the customer from the time it’s placed to the time of delivery. BGASC has a 3-day return policy.

When it comes to customer satisfaction, the company is an eBay “Top Rated Seller” and scores 9.4 out of 10 (0-10 scale; 903 reviews) by the Trustpilot review community.

BGASC has a Better Business Bureau rating of “A+” and has a pending accreditation application with the BBB (“it has been found to meet our BBB Code of Business Practices”).

Interested in purchasing precious metals? Check out Buy Gold And Silver Coins via the banner ad below and see what they can do for you. Please note that by clicking on the ad and purchasing a product, I receive a commission from the sale.

Buy Gold And Silver Coins

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Quote For The Week

“We can survive. Yes you should have some gold coins as a HEDGE against a reset in the monetary system that is coming. But that is for diversification – not to exclusion of everything else. We are headed into a control-alt-delete reset. There is no avoiding this outcome for the system is being run by lawyers who are as corrupt as they come. We need a hedge fund manager at this point to reset the economy – not more lawyers.

We can do this. It is like watching the weather reports and seeing a hurricane is coming. You board up the windows and ride it out. Just get ready – that’s all. No need to be doom and gloom. This is just one of those times that tries the soul and forges courage and wisdom through experience. When the economy turns down in the USA, then people will listen to you. So don’t waste your breath now… The USA is just not quite ready for prime time. Don’t worry – it’s coming.”

-Martin Armstrong, economist at Armstrong Economics and creator of the Economic Confidence Model, in an April 10 blog post on his website

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I know a few attorneys who aren’t all that bad. A few…)

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Jim Rogers: Gold May Drop To Around $1,000 Before Rebounding

According to a report out of Taiwan, well-known investor Jim Rogers suspects the price of gold ($1,199 an ounce as I type this) may be heading lower. The Singapore-based investor was giving a media interview in Beijing recently and shared his outlook- and investing strategy- for the precious metal. From the Want China Times website (English news site of Taiwan-based China Times News Group) yesterday:

Rogers predicted gold may drop to around US$1,000 per once and then rebound to up to US$1,500 per ounce. He will increase his gold assets when the price reaches US$1,000, he said.

(Editor’s note: Bold added for emphasis)

Rogers, who predicted the commodities rally that began in 1999, often talks about gold. Back in November of last year, the chairman of Rogers Holdings and Beeland Interests provided the following in an interview with Burbank, California-based Birch Gold Group (blogged about here):

Well, everybody should own some precious metals as an insurance policy. So if they don’t have any right now, I would urge them to go buy something, buy themselves a gold coin if nothing else, and see that it’s not going to hurt. It won’t hurt you to buy the first gold coin, the first silver coin, and from that you start accumulating as your own situation dictates.

First, do your homework, don’t buy gold because you heard me say it or even because you hear you say it. But if people don’t own they should start after they have done their homework. And then they will probably, if they do their homework, most people will then realize, “Oh my gosh, I better have insurance, and gold and silver may get me through serious problems ahead.”

(Editor’s note: Bold added for emphasis)

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)

Source:

“One reminbi to one US dollar in 25 years: Jim Rogers.” Want China Times. 25 Nov. 2014. (http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20141125000058&cid=1203). 26 Nov. 2014.

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Survival And Prosperity
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Christopher E. Hill, Editor

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