Gold Bullion Coins
Demand for gold bullion coins has been strong in recent months. Panic buying of gold coins has been witnessed globally by both investors and collectors alike.
The underlying fear of inflation, devaluation of paper currency, the ongoing debt problems of the Euro nations and increasing debts in the USA have all played a part in influencing investors to buy gold as a safe haven for assets.
The American Gold Eagle coin, for example, has generated a lot of interest recently as it has a guaranteed purity and weight by the US Government which is obviously very appealing, making for an attractive investment. The Gold Eagle coin is available to buy for around $1,280. An increase in the sale of gold bullion coins has been reported worldwide from UK to Australia and from Canada to the Far East. The Austrian Mint announced that that in recent months “We did run out of stocks, we were living off our daily production”.
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