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Gainesville Coins Provides Overview of Gold and Silver Bullion Market for High School Economic Students from the Faith Baptist Church of Deltona

Economic Students Hold a $ 11,000 10 Kilo Silver Coin from Australia’s Perth Mint

Lutz, FL (PRWEB) March 08, 2012

Gainesville Coins again demonstrated its commitment to community involvement by hosting a number of high school students from the Faith Baptist Church of Deltona at their showroom in Lutz, Florida today. The 16 students are all currently taking an introductory economics class, and the school’s Principal Phillip Herchenroder, organized the trip to supplement their studies on monetary systems.    

Luis, one of Gainesville Coins’ senior account executives, led the tour, providing a brief overview on the current state of the precious metals market, and relaying a series of fun facts to help their understanding of gold and silver’s historical role as a currency.

Among the highlights of Luis’ presentation include:

The world “silver” occurs 320 times in the Bible, and “gold” occurs 417 times.

The modern global financial system is based on “fiat currency,” or paper currency not exchangeable, or tied to precious metals.

Before 1934, Federal Reserve Notes were exchangeable for gold at an exchange rate of 1 oz for every $ 20 dollars. The Federal Reserve was required to hold physical gold reserves worth 40% of all Federal Reserve Notes in circulation.

The students were given a full tour of the Gainesville Coins’ showroom where a large inventory of silver and gold coins and bars are available for sale. Of particular interest to the students was the 10 Kilo Silver Tiger Coin from Australia’s Perth Mint that is currently on display in the Gainesville Coins’ showroom. With a diameter of just 221 mm and thickness of 33 mm, the 10 Kilo Tiger Silver Coin is worth about $ 11,000 based on the current spot silver price of $ 34 per troy ounce.

The students were surprised to learn that many precious metal coins also develop a collectability value. While most gold and silver bars and coins purchased today are done purely for their precious metal content, there are a wide range of gold and silver coins that develop a substantial premium over spot based on collector interest.    

As a parting gift, Gainesville Coins provided each of the students a 2012 1 oz Silver Eagle Coin, the official U.S. silver bullion coin.

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Gainesville Coins is Pleased to Announce Gainesville Coins Storage, a Fully Segregated, Secure, and Private Storage Option for Precious Metal Investors

Gainesville Coins Storage

Lutz, Florida (PRWEB) January 13, 2012

The last decade has seen a marked increase in the demand for precious metals as investors diversify their investment portfolios and seek a hedge against inflation, deflation, and global political instability. Unfortunately, this growth in demand has not been accompanied by a comparable increase in precious metal storage options. Gainesville Coins Storage seeks to revolutionize precious metals storage by providing:

1.    Full Segregation of Assets

2.    Comprehensive Insurance

3.    Ease of Access

4.    Instant Liquidity

Gainesville Coins Storage provides investors all of these benefits within an industry leading cost structure.

Fully Segregated Assets

Choosing how to store precious metals remains one of the most important considerations for precious metal investors. Many storage options available today do not offer full segregation of client assets, but rather offer what is known as allocated storage. Under allocated storage, similar bars and coins will be pooled. Clients of such a scheme will be at risk that the pooled assets will not be correctly accounted for. For instance, when MF Global went bankrupt in 2011, not only did $ 1.3 billion of client assets go missing, but there were multiple instances where ownership of gold and silver assets was in dispute. Furthermore, under allocated storage a client that wishes to take possession of their gold and silver will not receive the exact bars and coins that were initially deposited.

With full segregation of client assets at Gainesville Coins Storage, clients can rest assured that the assets stored will be exactly what they receive upon delivery. Furthermore, unlike many vault and depository options, Gainesville Coins Storage is wholly separate from the financial system.    

Comprehensive Insurance

Currently, many investors in physical gold and silver choose home storage or a safety deposit box at their local bank. The level of insurance coverage provided by Gainesville Coins Storage provides a level of protection unmatched by either. With Gainesville Storage, you are fully protected against physical loss, damage, and theft.

Ease of Access

Having access to gold and silver is fast and easy with Gainesville Coins Storage. Upon written notification, a client can have his precious metals available for pick-up at our showroom during normal business hours in one hour, or have them shipped to you that same day. Most, if not all other vaults and depositories cannot match this level of access.

Instant Liquidity

With just a phone call, you can liquidate or add to your gold and silver holdings held in Gainesville Storage. Cash raised by selling precious metals can be held on account, mailed via a business check, or wired to an account. The ease with which your assets can be sold, and the flexibility this provides precious metals investors cannot be matched by most vaults and depositories.

Unlike many other precious metal dealers, Gainesville Coins does not charge any commission.

Gainesville Storage is a Powerful Alternative for ETFs

Gainesville Storage affords precious metals investors all the benefits of buying physical gold and silver, without many of the perceived drawbacks that have made precious metal ETFs so popular. By using Gainesville Storage, precious metal investors have a comparable level of liquidity, the satisfaction of owning physical gold and silver, but without the risks of allocated storage, and the clear ties ETF inventories have to the broader financial system.

Low Cost

Cost of storage is an important consideration, and Gainesville Coins Storage provides industry leading prices. Storage fees are as low as $ 60 per annum, or $ 5 per month, for assets under $ 9,200. Precious metals storage fees for assets above $ 9,200 will range from 65 basis points to 42 basis points per annum depending on amount stored.

Evaluate Gainesville Coins Storage

Precious metal investors are encouraged to go to Gainesvillecoins.com, and review Gainesville Coins Storage. We are confident that when you evaluate the many storage options available today, Gainesville Coins Storage will stand above the rest in providing a level of benefits unmatched by any alternative.

http://www.gainesvillecoins.com/secure-storage.aspx

Contact

David Kim

813-482-9300, ext. 332

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Junk Silver Coins Gaining Recognition Among Americans Who Invest in Gold

ReglGoldCoins.com

Universal City, CA (Vocus) November 2, 2010

Junk silver coins have been getting a lot of buzz on the internet as more Americans embrace their understanding of gold and silver. The key factor that separates junk silver from other silver opportunities is that US silver coins minted prior to 1965 are guaranteed to contain 90% silver. If you do the math that means $ 1.40 of any combination of these junk silver coins equals 1 ounce of silver.

US gold coin dealer Regal Assets has recently expanded its silver coin investments to include bulk junk silver bags. These bags contain quarters, dimes, nickels, half dollars and dollars into batches. Each $ 1.40 face value batch of coins has approximately 1 oz of Silver in it. They begin at $ 50 face value which contains approximately 35 ounces of silver. These bags now range up to $ 1,000 face value as gold investors are encouraging larger bulk transactions for investment.

Currently the price of silver is at around $ 25 dollars a troy ounce making junk silver coins a hot topic. For those that have been keeping their change in a jar for a rainy day, you may want to think twice before just taking them to the bank for face value. Spending the time to separate these coins could mean the difference between $ 1.40 face value or their market value of $ 25 and up as silver is expected to double.

According to a recent Money Morning forecast, silver could reach $ 50 an ounce by the 2012 presidential election – a gain of 133% from here. As the average American struggles financially to buy gold as the price of gold hovers around $ 1,350, they find that silver is an affordable way to diversify. as the financial market changes. In the event of a financial crisis it is speculated that junk silver coins can provide a viable alternative to paper currency which is not backed by precious metals.

Regal Assets has been encouraging it’s investors who buy gold to also diversify with some form of silver. Silver trade has increased to an all time historical high which can be tagged as the “Silver Rush”. Silver coins and bullion can now be purchased by Americans online and delivered for physical delivery in 2 days. Americans can buy junk silver coins by phone at 1-888-700-9887 or buy silver online thru http://www.RegalGoldCoins.com.

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.