When this article was originally published, Atlanta Gold & Coin reported a sharp increase in activity after the Brexit vote, driven mainly by higher gold and silver prices and a flight to quality. Although summer was usually its slowest season, interest in gold and silver coins and bullion during the preceding weeks was said to match its busiest periods. The article reported newly acquired products below and noted that demand was unusually high for that time of year.
Gold Coins
As its name indicated, Atlanta Gold & Coin described itself as an active participant in the gold-coin market. When the article was originally published, it noted that inventory changed from day to day and introduced the following as some fresh offerings then available:
- American Gold Eagles – The article described American Gold Eagles as the most popular and most actively traded gold coins in the United States. It said their premiums were slightly higher than those on some other gold coins, but sellers could expect a higher rate when it came time to sell. It also stated that they were the only gold coin eligible for a self-directed IRA in which the owner took physical possession. The article said it would provide additional information shortly about holding gold and silver coins in an IRA, a topic it characterized as popular at publication.
- At the time of original publication, the article described the following: Canadian Gold Maple Leaf Coins – Canadian Gold Maple Leaf coins were first minted in 1979, making them one of the longest-running modern gold bullion coins on the market at publication. The article said only the South African Gold Krugerrand, first produced in 1967, had a longer history. It called the coin popular because it had been produced for nearly 40 years and contained 24k gold.
- Pre-1933 Gold Coins – The article noted that FDR signed Executive Order 6102 in 1933, making gold-coin ownership illegal for U.S. citizens. Citizens had to surrender gold coins voluntarily for paper currency, except numismatic or collectible coins. Ownership did not become legal again until 1975. An unknown number of 1933 gold coins were melted, but the article observed that not everyone complied, allowing people to own a piece of history. At the time of publication, it reported a variety of $2.50, $5, $10 & $20 pre-1933 gold coins in stock.
- At the time of original publication, the article described the following: South African gold krugerrands – At publication, Atlanta Gold & Coin reported having a few South African Gold Krugerrands in stock and expecting more the following day. As noted above, the article said these coins were first produced in 1967, making them the longest-running modern gold bullion coin on the market then. It added that more Krugerrands had been produced than any other modern gold coin, making them a popular choice wherever a person might be.
Silver Coins
- At the time of original publication, the article described the following: American silver eagles – The article described American Silver Eagles as the market’s most popular silver coin at publication. It said production had reached new record highs during the preceding years, indicating strong demand. The article characterized them as investments because they are U.S. legal tender, contain one troy ounce of fine silver, and are IRA eligible. Like American Gold Eagles, it said, they generally carried a slightly higher premium than some silver alternatives, while sellers could expect a higher rate when selling them.
- 90% silver coins – The U.S. Mint made dimes, quarters, and half dollars with 90% silver through 1964. Once silver became too costly, nickel and copper replaced it. The article said demand for 90% silver coins rose and fell, but described them as one of the best ways to invest in silver. They were recognizable, contained 90% silver, and were U.S. legal tender. As a result, they were presented as a popular choice for those seeking coins at reasonable rates. The article further said their fractional denominations made them a preferred option for people concerned about a dollar collapse, because they could be useful for bartering until a new currency was established.
- Foreign silver coins – In addition to the coins above, Atlanta Gold & Coin reported that it regularly carried one-ounce foreign-issued coins, including Canadian Silver Maple Leafs, Austrian Silver Philharmonics, Australian Silver Kangaroos and Koalas, and Mexican Silver Libertads. The article said government-issued silver coins from the United States or abroad sold at somewhat higher premiums than silver bullion because they were more recognizable and liquid worldwide. It added that premiums on most foreign-issued silver coins were generally somewhat lower than those for American Silver Eagles.
When this article was originally published, the items above were described as only a small sample of the coin and bullion options in stock at Atlanta Gold & Coin. The article reported that the business regularly carried a broad range of coins and bullion and could special-order items of interest that were not in stock. During the preceding month, it reported special orders exceeding $100,000 for customers and access to the largest U.S. suppliers.
At publication, readers interested in coin or bullion then in stock, or in a special order, were invited to review the inventory page or call 404-236-9744. The original article said the business looked forward to hearing from readers and earning their business.
