Saturday 21 July 2012

demand for buying gold coins and precious metals


European gold EGK office opens office in Wiesbaden

Experts expect an increasing demand for advice on buying precious metals

(NL/1378147488) The precious metal dealer European gold EGK office opened on Saturday 14th July 2012, in Wiesbaden, his first office. 12 clock where users can in the Wilhelm Strasse 4 messages to the consultants about the range of bullion coins and bars. Win against the backdrop of national debt and crisis € Precious metals continued to gain importance for the investment.

Waldaschaff / Wiesbaden, 07.05.2012. Weighs just 1 gram of the smallest bar of gold is gold at the European office EGK available. For supporting the noble metal lightweight a kinegram, a kind of hologram, which serves as a security feature and gives the mini-bars of a particular appearance. The so-called Kine-bar is one of the precious metal products, which will be available at the Wiesbaden-based office of the European office gold EGK.

Opening event offers information and advice about precious metals
The official opening of the branch in the Wilhelm Strasse 4 will be held on Saturday, 14 July 2012, at 12:00 clock instead. At the inauguration event management and technical advisor to the European gold EGK office will be present. Interested visitors will have the opportunity to learn from the experts about the issues of gold coins or precious metals and precious metal buying.
The offer of the European gold coins and bullion office EGK includes gold, silver and platinum. Among them are classic bullion coins like the Krugerrand, American Eagle or Vienna Philharmonic in different denominations and bars in various sizes starting at 1 gram mini bullion to a 5 kilogram ingot of silver. The prices are based on current market prices of precious metals and are calculated thanks to online synchronization minutes currently.

Buying gold - The right choice for gold bars and gold coins


The uncertainty about the future of the euro and the global economic stimulus programs enable investors worried about their savings. In order to protect themselves from inflation, many investors fall back on gold. The demand for physical products such as bars and coins is high.

Particularly in small pieces, whether coin or bullion, but the margin between buying and selling rates, and thus the high premium on the exchange-traded pure gold. It is therefore recommended prior to investing in physical gold careful consideration to make it an ideal denomination. Even when small pieces are a bit expensive, but they offer greater flexibility in the later sale.

In addition, one should when buying gold bars and coins put high value on established refineries and mints. Important for bullion is the so-called LBMA certified, so the certificate for the approval of the products on the London gold market. International meet this condition a number of vendors. The German market is of particular relevance Heraeus, Degussa and Umicore. The same applies to gold coins. Known and top-selling international bullion coins offer benefits because of the small and large acceptance share premium, which facilitates the subsequent sale of gold.

krugerrand gold price per gram gold coin value


Gold coins: What collector coins are really worth

Federal German gold coins worth only if the support is low - and German silver coins are often not as yielding investment
on Martin Reim, Euro Sunday
Because they grow so fast in the spruce forest managers and forest owners is popular. Now they pleased with their dynamics and investors: the end of June, a gold coin of the covenant, on which a branch of the tree is shaped needle appeared. Issue price at the official distributor of the shipping point for collectors coins: € 207.05. At the internet auction site eBay are currently paid for these pieces up to 260 €.

Invest now with products of Societe Generale in commodities.
On the gold price, the increase is not due, for who has remained relatively constant in recent weeks. Obvious reason for the premium is rather the relatively low circulation of 200,000, which can not meet the demand.
Not for the first time driving a concise edition of the course. The best example is the first coin in the series "German Forest" by June 2010. The "oak", from which only 200,000 were also influenced cost, then € 151 and is currently trading on eBay for up to 330 euros - an increase of more than 100 percent. The price of gold rose while only about one-third.

Vary with the material value
But these are exceptions. Most federal spending depends on the bare German gold price. This is particularly evident in the coins with a face value of 100 €, which are published every year since 2002 - with a circulation of up to half a million. Show data from eBay: Not a single year is considerably higher than the material value. He went in recent years sharply upward. But an additional collector's value can not be determined.
As cost copies of the subject, published in October 2011 "Wartburg" is currently about 660 €. They weigh half an ounce, so about 16 grams of comparison, the official gold price per ounce is about 1300 €.
The buyer of the "Wartburg" have actually made a pretty bad deal. Because since 2011 is due per coin an initial charge of 50 € on the material value. Previously there were only 25 €. The 50 € higher than the standard five percent surcharge, as obtained for example with a Krugerrand same weight. It would therefore have been better not to resort to investment purposes "Wartburg".

Wednesday 11 July 2012

German Bank Securities ranks Barrick Gold to buy


Jorge M. Beristain, an analyst at German bank classifies securities, the shares of Barrick Gold (ISIN CA0679011084 / WKN 870 450) as "buy".

In a study on the metal and mining industry will be drawn to the attractive valuation of Barrick Gold's shares. The company is well positioned to benefit from rising gold prices in the medium term. With the help of continued strong cash flow further increases in dividends are possible.

The acquisition of Equinox Minerals has increased the company's involvement in copper. The proportion of activity is moving but in a scale that is comparable to competitors. The recent changes in top management could lead regarding the long-term strategy to make positive changes.

Sunday 8 July 2012

Krugerrand gold coin bullion denominations

The Krugerrand is the most famous gold coin in the world and probably the most minted gold coin. Only in Germany, Austria and Switzerland, the Krugerrand is also "Krugerrand" is written, - in all other countries it's called "Krugerrand" - without the umlaut.

The Krugerrand is named after the bullion coin pictured on the Paul Kruger. Krugerrand gold coins are legal tender in South Africa, even if not a separate denomination printed on the bullion coin.

Every day is set in South Africa, a mathematical equivalent to the gold price - which, after the gold prices in London (LBMA Gold Fixing) is calculated.

Since 1967, the South African Krugerrand is made. Producer of Krugerrands is not the South African Mint, as many suspect, instead, the Rand Refinery, a gold refinery in South Africa, which manufactures the Krugerrand under extreme security precautions in the Republic of South Africa.

From 1967 to 1979 there was only the full ounce Krugerrand, since 1980 there are denominations (English: "Fractionals") fine ounce to 1/4, 1/2 oz fine ounce and 1/10. Krugerrands are produced to the quality in bullion coins (bullion coins quality) per annum, there are also so-called "Proof" Krugerrands, which dealt specifically with specially polished dies and coin blanks (blanks). This Proof Krugerrands have a very reflective surface and are sold at a significant premium to the price of pure precious metal coin enthusiasts in limited editions.

20-euro gold coin Fichte

A 20-euro gold coin called Fichte: The Output details
207.05 for € 3.89 gram of fine gold: For investors is € 20 gold coin "Fichte" it too expensive.
On Tuesday, the official release date for the 20-euro gold coin "Fichte" from the series "German Forest" is. Is it worth buying for investors?
The Federal Finance Ministry on Tuesday the new edition of the 20-euro gold coin series "German Forest" out. The motif of "spruce" is for "oak" (2010) and "book" (2011), the third gold coin in this series. The issue price is 207.05 €. At the current gold price of 1,266 € (Tue 10:30 am) is the buyer's premium of 31 percent.
By comparison, the 20-euro gold coin "Fichte" or spruce has a fine gold content of 3.89 grams (1/8 ounce). One-tenth ounce gold bullion coins in the form known as Krugerrands or Maple Leaf at the same time we got in the precious metals trading for around 145 €. The premium here was only 14.5 percent.
The current issue price is 20 euro gold coin "spruce" So not attractive purchase for gold investors.

Money in, out Krugerrand

TIN MACHINE Wiesbaden is one of many locations around the world almost 40 / repeat customers

Is chewing gum and candy bars from vending machines is, of course, coffee and cola - and sometimes even real gold coins in the form of kruger rands. However, devices that spit out the precious metal, very rare - the world they are found only at nearly 40 locations. For example, in Dubai and Abu Dhabi, United Arab Emirates or in Las Vegas. But in Wiesbaden-Schierstein on the grounds of the German Golf Ltd, whose board is the machine operator.

The idea comes from the Ex Oriente Lux AG, based in Reutlingen. Under the brand "Gold to go", the company markets the unmanned shop with "the security of a Swabian Fort Knox and the simplicity of a vending machine." However, hidden inside the nearly 500-pound machine a lot high-tech: A passport and ID card scanners to prevent money laundering, camera systems, various alarm devices, fuses and surge, electronic and manual locking systems and tamper-proof cash boxes and goods Magazine.

With the gold machines Ex Oriente Lux AG, has apparently discovered a market niche. Hans is Kleser of the German Golf AG in Wiesbaden satisfied with the response in any case: "The machine is well frequented, now we have a lot of regular customers," he says. The number of buyers is not invariant to the current development on the stock exchanges - prices fall, demand for gold. The machine spits out ten different products. "The best gold bullion is a grams and currently costs around 55 euros," explained Kleser. Mostly he would buy as a gift. Who selects the touch screen, 250-gram version, you have to invest that much more. Even Krugerrand there a button. "Older customers tend to prefer ounces", has observed Kleser.

It sells the gold coins and gold bullion to real-time prices - the machine will update the prices every few minutes. Besides the standard products, which are also in Abu Dhabi from a vending machine, in Wiesbaden and collectibles are sold: 2.5 gram candy bar with the Biebrich Palace or the Wiesbaden Kurhaus.