EUROPEAN GOLD COIN BENEFITS
Why Many Investors Choose European Gold Coins
Goldline sells many types of precious metals. Many clients choose to acquire historic European gold coins.
In 1865, France, Belgium, Italy and Switzerland entered into the Latin Monetary Union which regulated the weight, fineness, shape and exchange rate of gold and silver coins. The treaty also provided these identically minted gold and silver coins would circulate freely within the monetary union.
Other countries such as the United Kingdom, Germany and Austria also minted gold coins which circulated in everyday trade. Among these coins were the British gold sovereign which traces its history to King Henry VII who, in 1489, commissioned “a new money of gold.” After a 200 year absence, the gold sovereign was revived in the early 19th century following the British Empire’s adoption of the gold standard. The new gold sovereign featured St. George and the dragon in a design noted for its classic beauty.
These 19th and 20th century coins are popular for their smaller size, artistry and historic significance.
The European gold coins we offer typically range in weight from just under 1/5 of an ounce of gold to almost a quarter of an ounce. Your Account Executive will be able to give you more specifics about any coin you acquire.
Given their relatively small size when compared to one ounce gold coins, these coins provide greater divisibility when liquidating. Further, the European gold coins are internationally recognized. It is easy to see why many people choose to acquire European gold coins.
- S&P Capital IQ - Gold: $1,900 (in 2012) "Leo Larkin, metals and mining analyst at S&P Capital IQ, thinks that $1,900 gold might not be that much of a stretch [in 2012]. 'Gold has been ..."
- Citigroup - Gold: $2,300 - $2,400 (by end of 2012) "While we remain cautious on Gold in the near term...we continue to believe that the bull market remains intact...we believe that 2012 may be..."
- Leeb Capital Management - Gold: $2,500 - $3,000 (in 2012) "I'll give you my target for gold at the end of 2012, it's going to be trading somewhere between $2,500 and $3,000. This..."
- Global Hunter Securities - Gold: $1,800 (in 2012) "'What I am looking for is a gold price of $1,800 an ounce in 2012,' says Jeffrey Wright, senior research analyst at Global Hunter..."
- US Global Investors - Gold: $3,600 (by 2017) "'People get so caught up with the next three minutes for gold and they should really be focused on the next three years,' says Frank Holmes, ..."
- Goldman Sachs - Gold: over $1,900 (in 2012) "Wall Street investment bank Goldman Sachs predicts that gold's bull run will continue into 2012 with a low interest rate environment and..."
- CNBC - Gold: $2,400 (no period given) "Gold will top $2,400 an ounce. The long-term bull market in gold marches on. Gold won't make a straight shot to a new inflation-adjusted high. As long..."
- Nomura - Gold: $2,000 (by end of 2012) "Nomura has raised its forecast for gold prices to $2,000 an ounce by the end of 2012, from $1,800 earlier. The brokerage said the low-interest rate..."
- Morgan Stanley - Gold: $2,200 (in first half of 2012) "Gold will lead a rally in commodities in 2012 as Europe's sovereign-debt crisis continues to roil financial markets, spurring demand for ..."
- UBS - Gold: $2,050 average in 2012 "[Gold] remains one of the top commodity picks for 2012 as 'most of the factors that pushed gold higher in 2011 are not going away,' according to UBS..."
- Bank of America Merrill Lynch - Gold: $2,150 - $2,200 (average in 2012) "From a technical perspective we believe that the bull trend for gold remains intact… with gold having not yet met any of..."
- TheStreet.com - Gold: $2,500 (by May 2013) "I want to own gold here. I think gold is going to $2,500 eighteen months from now... Gold has been up for ten straight years and this going to be the..."
