Atkinsons Bullion & Coins

A question we are often asked is: Why should I buy a pre-owned coin or bar rather than a new one? The answer is a simple one: they are normally cheaper in bullion terms. The exception to the rule may be a rare or exclusive coin which could have historical value, and therefore fetch a premium over precious metal prices. But in terms of physical amounts of gold or silver for your money, then the pre-owned products are often the best. In truth in such a competitive market place as the internet, new coins and bars have never sold at such low premiums. Therefore, the difference between old and new products selling price has never been smaller, but there is still a little bit to be saved and it all helps.

"We have gold because we cannot trust governments," President Hoover famously said in his statement to Franklin D. Roosevelt in 1933. President Trump has made numerous statements in the past about reverting to the ‘Gold Standard’. But what exactly is the gold standard? And would it really be practical to rebuild an international gold standard?

Anyone ever found themselves on the street corner amazed by the man doing the Three Cup Shuffle? I know I have. A Game of Chance? From London to New York, this game of chance (aka trick) is so often a feature of the tourist trap corner spots of the major city crossroads across the world. A small growing group of people suddenly gather to watch a man with a small table and his three plastic or wooden cups. Under one of the cups he places a pebble or even a small coin and then shuffles the cups. The idea is that you place a small wager on the cup you think the coin is under when he stops. Now why on earth would I explain one of the worlds oldest tricks? The reason is simple. I feel equally fleeced this morning as I would if I were taking part in the street corner ruse.

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