Posts Tagged ‘coins’

1oz Gold Bar WTC Great Deal | 1 oz gold bar

Here is a great deal on a 1oz gold bar from the World Trade Center 1 of 426, there are only 426 of these and gold is at $960 and the bar is priced at $1,240 with the buy it now. That is a great price in my opinion.

Link to the auction

Is Now The Time To Buy Gold?

So lets recap what has happen the last 4 month. The investment companies has gone under, the banks has gone under or been bail out and the US treasury is printing money like there was no tomorrow. The US debt is the trillions of dollars and the interest rate is at its all time low .5%. So why is this the time for gold? Well if you get cash the cash is really just an I owe you from the treasury department, with the dollar going down this week almost 10% against the Euro and the YEN well the buying power of your dollars becomes less. So what do you do, well you buy gold to protect your dollars.

The World Trade Center coins are a great hedge against inflation and economical downturn.
[phpbay]wtc eagle gold, num, “”, “”[/phpbay]

Related

Question About WTC Coins Certified By PCGS

For some reason I am getting a lot of questions right now about the coins found at the World Trade Center and certified by PCGS. The questions are all along the lines of “How do I know that these coins where really in a vault under the WTC ?” Well there are only one company that knows that for certain and the is PCGS they are the one that certified the coins and slab them with the American Flag insert. I have done my homework on these coins and I urge you to do the same if there are any questions in your mind about the wtc coins and if they are legit. Call PCGS ask them questions about the coins, ask them how many where certified, ask them about the chain of custody and how the coins ended up at PCGS. These are all questions that you should ask PCGS. Contact PCGS Customer Service at 800-447-8848.

As a side note PCGS is the biggest coin grading company in the world with over 17 million coins graded commanding a total value over $18 billion, PCGS represents the industry standard in third-party certification. PCGS offers money-back guarantee of grading accuracy and authenticity

I hope PCGS will get some call from readers of this page and please share any new information about the WTC Coins.

WTC Coin Price Silver and Gold

So the other day I was looking on E-Bay for WTC coins believe me something I do a lot both to keep up with the prices on coins but also to make sure I don’t miss a coin that is not up on the web site. So it struck me how much difference there are in prices on one coin. Take the WTC 2001 $1 Silver eagle, I have seen that coin on E-bay from about $199 to around $450 and any amount in between. When somebody runs a no reserve auction the price normally lands right around $200 which I consider the fair price for the coin in this market. Well it made me think that I could make a price comparison under each coin from the WTC. So if you go under the $1 silver eagle right now you should see live the different price on the coin and be able to find the right price. Its this code stuff I use that comes from E-bay so sometimes it brings other coins in also but I think it will give you a better picture of the prices of a coin.

Why Is Gold Falling In Price

I bought gold about 4 years ago as in my economical teachings I had always learn if the world are in a crises people will start buy gold as a safe investment. Well looking at the last month of turbulent markets all over the world gold has only gone one way and that has been down. So I wanted to find out what was different this time compared to what the books are telling us would happen when the market goes down. Well looking around on the web I found a great explanation at this blog.http://blog.adamnash.com/2008/10/24/why-the-price-of-gold-is-sinking-fast/ 

He Mr. Adam Nash is telling us that people are selling gold to meet margin calls on other investments they have so they have to sell gold. To me that sounds like a reasonable explanation considering the fast collapse of the US and world markets. But does it not also mean that if a hedge fund or mutual fund sells gold to meet market calls that they have to at sometime buy that gold back to keep their risk profile the same as they have advertised to consumers. I think it does and I think it means that the gold will go back up when the markets starts to stabilize again as the people selling gold now really have to sell but they don’t want to sell. So they will buy back as their portfolio gets back in the black.

Well its funny to see how the WTC coins and bullion are not affected by the gold and silver price as 1oz. gold coins still sell for a minimum of $1,200 -1,400 and silver coins sell for a minimum of $70 with 1 oz of silver at $10. This makes WTC coins a much safer investment that regular bullion coins which I guess a few people have found out given the recent activity on E-bay. Right now over 150 world trade center coins are up for auction where a normal number in the last 6 month has been around 100 coins.