Gold pierced the milestone $2,500 per ounce mark, from $2,483.68 in July to $2,514.90 on August 20. Costco is reportedly selling up to $200 million in gold bars per month, and China now has gold-dispensing ATM machines.
Why is there a feeding frenzy in gold?
"People have concerns about safety and protection," said Warren Mills, vice president and chief numismatist at Rare Coins of New Hampshire. "We could be right on the edge of World War III. If all-out war materializes, we could see gold at $10,000 per ounce. The chance of this happening within the next few years is 40%. That's a fair chance, and people should protect themselves with physical gold."
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Top 6 Most Popular U.S. Commemorative Coins
During a half-century of researching U.S.commemorative coinage, I have found that these are the top six U.S. commemorative coins favored by collectors, dealers and investors.
GUIDE TO GRADING SILVER AMERICAN EAGLE ONE-OUNCE BULLION COINS
CAC'S MODERN COIN MINT STATE GRADING STANDARDS
TOP Jen U.S. Gold Coins
LIST OF STRONG PRICES AT SPECTACULAR AUCTIONS
$7,500 GOLD BY THE END OF THE DECADE?
\"Gold can easily triple by the end of 2030,\" declares Maurice H. Rosen, the prominent Plainview, New York, gold coin prognosticator and award-winning writer.
PCGS Coin Grading 101
In 1986, the numismatic world changed when Professional Coin Grading Service (PCGS) entered the scene as a third-party certification service to authenticate, grade and encapsulate coins at scale.
HOW TO USE THE COIN VALUES LIST
Coin values are provided beginning with small cents through Double Eagle gold pieces and beyond, and many of the popular modern coins in between, all based on The Insider's Guide to U.S. Coin Values, 21st Edition, by Scott A. Travers (www.usgoldexpert.âcom) and updated for accuracy.
THEINSIDER'S GUIDE TO U.S. COIN VALUES 23RD EDITION
ULTIMATE LIST OF COIN PRICES
Coin Dealers Attacked, Targets of Organized Crime
Coin dealers nationwide have become the latest victims of organized crime, facing targeted attacks following their attendance at coin shows.
Should You be Paying Sales Tax on Your Bullion and Coin Purchases?
THERE ARE MANY IMPORTANT EXCEPTIONS AND EXEMPTIONS
Physical Format Bitcoin Gains Collector Acceptance
PRICE RECORDS CONFIRM MARKET DEMAND
