Monday, 20th August 2007 (2787 views)

The gold coin market has shown strong growth in 2007, it has been revealed.

According to GPA for Coins, the certified coin market has shown overall strong growth in 2007 but the gold sector in particular increased to give a return of 40 per cent of those purchased during the first six months of 2005.

GPA for Coins reports that the US rare coin market consists of an estimated 250,000 US coins collectors or investors and has a trade of $10 billion per annum on average.

"Low population, rare date gold coins are constantly sought after by a growing number of collectors looking to complete series and with so few available the markets should continue to climb to higher levels in this segment," commented Bob Green of Park Avenue Numismatics.

GPA for Coins claims to be the world's largest repository of information on publicly-traded certified coins.

 

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