Gold coin to be sold for 15 million US dollars
Many coin collectors call this coin the most legendary of all. Because it is considered the first gold coin in the United States. It was minted in 1787 by the metal smith Ephraim Brasher, a neighbour and friend of George Washington. That is why the coin bears the "EB" on the eagle's chest.
By the way, the company that is now offering this million-dollar coin for sale got it from an unknown collector who is said to be a former Wall Street manager. There are collectors who pay a fortune for such historical coins.
For an investor who does not collect old coins but wants to bet on gold, the current development of the gold price is certainly pleasing. 2020 will be remembered for some special things. In addition, the exciting activity of the gold price will remain in the memory of those interested in gold. Gold has levelled off at around $1,700 an ounce and a further price increase seems only a matter of time.
In order to take advantage of the still positive mood in the precious metal, an investment in gold mine stocks could be considered. After all, gold as a crisis metal and safe haven is likely to be in demand for a long time to come - just as the uncertain economic outlook will remain with us for some time to come.
An investment in Caledonia Mining or Cardinal Resources would be possible. Caledonia Mining owns 64 percent of the producing blanket gold mine in Zimbabwe, the rest is owned by local investors. Despite Covid-19, the first quarter of 2020 was very successful in terms of profit and production.
Also, in Africa, but in Ghana, West Africa, Cardinal Resources is exploring its Subranum and Bolgatanga gold projects. The Namdini property alone contains a proven ore reserve of 5.1 million ounces of gold.
Current company information and press releases from Caledonia Mining (https://www.resource-capital.ch/en/companies/caledonia-mining-corp/).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also