Coins in a mint sealed monster box. Date of the mint box is fulfilled on a availability in the warehouse. Each coin is. 999 pure silver, making this one of the finest silver coins ever minted. The obverse side of this large coin features a design based on the earlier “Walking Liberty” coin, while the reverse side features an image of a bald eagle holding a shield beneath 13 stars.
The LBMA "traceable chain of custody" includes refiners as well as vaults. Both have to meet their strict guidelines. Bullion products from these trusted refiners are traded at face value by LBMA members without assay testing. By buying bullion from an LBMA member dealer and storing it in an LBMA recognized vault, customers avoid the need of re-assaying or the inconvenience in time and expense it would cost.[40] However this is not 100% sure, for example, Venezuela moved its gold because of the political risk for them, and as the past shows, even in countries considered as democratic and stable, for example in the USA in the 1930s gold was seized by the government and legal moving was banned.[41]
Though this interview will help you start safely on the road to gold ownership, it is just an overview. If you would like more detailed information, I would recommend my book, The ABCs of Gold Investing: How to Protect and Build Your Wealth With Gold, which covers the who, what, when, where, why and how of gold ownership in detail. You can also shortcut the learning curve by contacting our offices and asking to speak with one of our expert client advisors who will be happy to answer your questions and help you get off to a solid start.
Gold shows typically deal more in numismatic, or collector coins, which have high markups, are illiquid, and are valued based more on rarity or historical significance than gold content. If a dealer does have any bullion, it is likely to be a limited selection. While numismatics can be a good investment, it takes a tremendous amount of research to avoid being taken advantage of by an unscrupulous dealer.
Bullion coins are often given a face value, but it is usually lower than the true value of the precious metals making up the coin. Bullion coins are often given a melt value, which is the theoretical value if you melted the coin down and sold it at the current spot price for the precious metal it is made of. So if the spot value of silver is $16 a troy ounce, then the melt value of a single half troy ounce silver bullion coin is $8.
Obverse features the image of Winged Victory, a symbol of Mexican resistance to Spanish colonial control. Winged Victory is inspired by the same Goddess of Liberty as America’s symbol of Lady Liberty, but features a crown wreath in one hand and broken chains in the other. The background includes the twin volcanic peaks of Popocatepetl and Iztaccihuatl.
A bullion coin is an investment-grade coin that is valued by its weight and fineness of a specific precious metal. Unlike commemorative or numismatic coins valued by limited mintage, rarity, condition, and age, bullion coins are purchased by investors seeking a simple and tangible means to own and invest in the gold, silver, platinum, and palladium markets.
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