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The Golden Guess Contest


wealthymatters.comAre you up for some Diwali Fun?Why not try your hand at this contest?

Its free to enter.You don’t have to buy anything.And you can play it as many times as you want.

Perhaps you are going to be one of the winners of a 2 gm gold coin.

If you do win,please leave a comment telling us how you went about your successful predication.

 

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A Gold trading Tip


wealthymatters.comHere is a bit of traditional wisdom:

Gold generally trades in the lower range around March and July. Generally, this is the best time to buy gold and marriage season is the best time to sell gold.

The Story Of The Most Expensive Coin In The World


wealthymatters.comIn 1933, the President of the United States of America, Franklin D. Roosevelt stopped the coinage of gold and made it illegal to own the metal (although coin collectors could retain their pieces). With one exception, no 1933 double eagles were ever legally released, although some were stolen from the government, and over the years several were recovered.

In the summer of 2002, a 1933 Double Eagle was auctioned off for $7,590,020 , which shattered the old record of $4,140,000 paid at a public auction for an 1804 silver dollar. This piece is unique as the only 1933 double eagle the U.S. government has deemed legal for its citizens to own (having been negotiated as such through terms of a U.S. treaty with a foreign government). Even illegal instances of the 1933 double eagle would be worth hundreds of thousands of dollars, but it would be illegal for a U.S. coin dealer to broker a deal with one of these coins. There is no other date of St. Gaudens double eagle that is worth a significant fraction of this extraordinary coin. In fact, a complete uncirculated set of all other St. Gaudens double eagles could be put together for just over three million dollars (less than half the price paid for the 1933), including the extremely rare, ultra-high relief, proof pattern. Without the rare pattern, the set would be less than $ 750,000. Read more of this post

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