Weekly Market Report 1/12/15

Links to recent informative articles on precious metals and rare coins:

Gold Was Up 73% Last Year!

Congress passes law to curb manufacturing of fake coins

This Week’s Headlines:

Gold
Silver
Best Rare Coin investment for 2015
Collectible Coin Protection Act passes Congress
Rare Coin Market Report
Pre-order 2015 First Strike BU Gold & Silver Eagles & Gold Buffalo
Recommended Investment Commitment and Diversification

GOLD

Gold has started the New Year on the right foot, up $30 for the week, closing at $1,216 per ounce. Considering the U.S. Dollar is trading at a 7-year high versus the Euro and Japanese Yen, that is truly amazing.

The price of Gold rose against ALL currencies in 2014 — except for the U.S. Dollar. Yes, Gold was up against the Euro, Japanese Yen, Swiss Franc, Canadian Dollar, British Pound, Australian Dollar, New Zealand Dollar, Chinese Renminbi, Indian Rupee, Swedish Krona, Brazilian Real, Israeli Shekel, and South Korean Won.

We are now moving into the 1st quarter of 2015, traditionally a very bullish period for Gold. I believe that we will see Gold renew its bullish trend this year, reaching $1,500 per ounce by year end. I think that worldwide currency instability, combined with global quantitative easing, are going to be the primary reasons there will be a run to Gold in 2015, which provides a safe haven investors need.

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SILVER

Silver firmly moved above the key $16 per ounce resistance level last week. During last week’s trading, Silver closed between $16.21 and $16.63 per ounce. Last Friday Silver closed at $16.42, up $.65 per ounce from the beginning of the year. It is apparent that the Silver price is trying to consolidate in the mid $16 per ounce level.

In 2014 Silver reached a high of $22.22 per ounce, and a low of $14.16 per ounce. I believe 2015 will be a profitable year for Silver investors if they are able to purchase Silver under $17 per ounce.

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Best Rare Coin investment for 2015

From time to time a rare coin investment opportunity becomes crystal clear, and I believe that I have identified one now. I would like to crown PCGS/NGC certified MS66 $20 Gold Saint Gaudens as my best investment coin selection for 2015. With the price of Gold around $1,225 per ounce, U.S. $20 Gold coins have become very popular with new and experienced coin collectors and investors.

The current prices for $20 Gold Saint Gaudens at www.MintStateGold.com  are as follows:

MS63  at  $1,501
MS64  at  $1,568
MS65  at  $1,860
MS66  at  $2,354
MS67  at  $7,205

There is a very low PCGS/NGC population for MS66 Saints and a sizeable differential between the MS66 and the MS67 price. The fact that MS66 Saints were selling for over $4,500 when Gold was at its 2011 highs makes them very desirable now. I believe that MS66 Saint Gaudens are an unbelievable bargain and an outstanding investment opportunity.

Because of the attractive price for MS66 Saints, I was happy to purchase a small quantity of them from an estate earlier this month. Most of the coins I purchased are dated 1927 and 1928, which trade at a higher price and have a much lower population than the generic Saints dated 1908 and 1924. For a limited time, we are offering the 1927 and 1928 $20 Gold PCGS or NGC MS66 Saints for the $2,354 price. Of course, take a 3% discount ($70) if you can pay with a check or bank wire. Shipping and insurance are included free of charge. Call 888-454-0444 or email me at [email protected] to order yours today.

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Collectible Coin Protection Act passes Congress

As Chairman of the Gold and Silver Political Action Committee I am very proud to say that H.R. 2754 Collectible Coin Protection Act was passed by Congress on December 15, 2014 and was signed by the President of the United States on Dec 18, 2014.

The Collectible Coin Protection Act helps combat the counterfeiting of numismatic items and grading-service slabs. This bill will give more teeth to the existing law and have a significant positive impact within the rare coin and precious metal community.

Stopping Chinese counterfeit coins is the No. 1 legislative priority of the Gold & Silver PAC. It is crucial that we find a means of stemming the influx of very high quality counterfeit coins entering the US marketplace from China. Guided by Political Consultant Jimmy Hayes, it was decided that legislation would be the most effective remedy. This new law allows for both civil and criminal penalties against companies or individuals that import, distribute, or resell counterfeit coins. This bill will modify the Hobby Protection Act to give law enforcement agencies the additional enforcement and deterrent powers they need to stop the inflow of all counterfeit coins.

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Rare Coin Market Report

I just returned from the Florida United Numismatic (FUN) coin convention in Orlando, FL. This convention is a major event for the rare coin community, with thousands of dealers, investors, and collectors attending. In addition to having a large trading floor with over 500 rare coin dealers, there was also a major rare coin auction. The activity level was as high as any rare coin convention that I have seen for the past 20 years. Dealers were aggressively bidding on, and purchasing, a limited amount of high quality U.S. rare coins which were available.

It is estimated that the overall rare coin market in the U.S. was at about $5 billion in 2014. That includes major auctions, private transactions made at coin shows, and mail order, internet, and coin store sales. That figure does not include numismatic bullion items or the modern coins sold directly by the United States Mint.

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Pre-order 2015 First Strike BU Gold &Silver Eagles and Gold Buffalo at today’s low price

Stuppler & Company is now accepting orders for First Strike U.S. 2015 Silver Eagles, $50 Gold Eagles, and $50 Gold Buffalo.

Get First Strike BU Silver Eagles for only $3.29 over spot in lots of 100 - 499, and $2.95 over spot for the FirstStrike Green Monster box (500 coins.)

U.S. First Strike BU 2015 $50 Gold Eagles for only 4.25% over spot with minimum order of 5, and get First Strike BU 2015 $50 Gold Buffalo for only 6% over spot, also with a minimum order of 5.

You can lock in today’s low Gold and Silver prices on these 2015 First Strike BU coins for delivery early in 2015. Call toll-free 1-888-454-0444 or email me at [email protected].

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Recommended Investment Commitment and Diversification:

Precious Metal commitment: Minimum of 45% of investment capital

Diversification:  Gold 45%, Silver 45%, Platinum & Palladium 10%

Diversification includes 50% in long term investment quality rare coins and 50% short term bullion products

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If you want to be updated on what is happening in the Gold, Silver, and Rare Coin markets any weekday, our company offers a daily blog Monday through Friday at www.stupplerblog.com

All statements, opinions, pricing, and ideas herein are believed to be reliable, truthful and accurate to the best of the Stuppler & Company’s knowledge at this time.  Stuppler & Company disclaims and is not liable for any claims or losses which may be incurred by third parties while relying on information published herein.  Individuals should not look at this publication as giving finance or investment advice or information for their individual suitability.  All readers are advised to independently verify all representations made herein or by its representatives for your individual suitability before making your investment or collecting decisions.

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