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Week of April 10th, 2006
 
Spot gold tops $600 mark and is poised to trade as high as $700 an ounce this year ….
Gold hit $600 an ounce for the first time since 1980 as investment funds scrambled for alternatives to stocks, bonds and foreign exchange. Considered a hedge against uncertainties during troubled times, Gold has risen around 16 percent this year and about 40 percent in the past 12 months. Silver has jumped as well to $12.50 an ounce, the highest level since August 1983.
Taking this into consideration and then adding the “Rarity Factor” presented by early United States coinage, the savvy investor is surmising that Rare Coins is the place to be…particularly, Proof Coins.
Proof coins typically have a limited mintage and their prices are determined by multiple factors, including: mintage, rarity, condition, age, the price of the particular metal, and demand. Due to their numismatic significance, proof coins typically carry a premium over their metal content, or bullion value. Their values, historicaly do not waver up and down as, for example, the stock market.
We are seeing the majority of our proof gold sales go into the hands of “Private Collectors” whom intend on putting them away for a very significant period of time. “Proof gold american coinage is such a strong asset we may not see many of these specimens again in our lifetime.”
Investors and collectors alike are finding our website every day and commenting on how “amazing” it is and most importantly how “amazing” our inventory is. We are getting new clients every week telling us how refreshing it has been to finally find a source for “True Numismatic Rarities”.
At this point I can not stress enough, if you have your eye on a particular coin, do not hesitate to call. I can’t tell you how many times we’ve taken a coin down or posted it “sold” and within hours we’ve received numerous calls asking “What happened to that coin, I’ve been watching it and now it’s gone.”
Now is not the time to hesitate on such signifcant extreme rarites… Goldman Sachs JBW said in a client note it believes bullion could trade as high as $700 a ounce this year and we strongly believe this. So if you haven’t already done so…”Diversify” and pull the trigger on “early gold or proof gold United States Coins. The basis of portfolio diversification is owning assets that move independently from each other. The main reason to diversify is straightforward: Being exposed to investments that aren't highly correlated -- investing jargon for how closely they move together -- offers greater assurances of capturing the market's highs and cushioning its lows. In this way, you smooth portfolio volatility -- those unsettling performance swings -- and enjoy a more comfortable, if not more profitable, ride.
Please feel free to give us a call if you have any questions that you would like us to answer. You will always get personal service from either myself or my father David. You'll see that we are a "cut above" the rest. Our mission is to get you the best coins on the market at the fairest prices.
Very Best,
Dean Albanese
dean@coinace.com