Chances are if you are reading this, you are interested in investments concerning numismatics and bullion. Typically, people tend to invest in either gold or silver. But what about Platinum, or the even lesser considered palladium? If we look at the percentage gains and losses for gold, silver, and palladium for the last 5 years, the results are interesting. Palladium is up 43.63% while gold is down 22.47%, and silver, 46.51%.
Even in the past 12 months, palladium is up 36.70% while gold is 0.55 percent, and silver was down 7.94%.
Recently, the U.S. made a palladium bullion coin listed above. This is what allows investors to feel more comfortable when dealing with precious metals other than gold and silver.
In an effort to shine a light on American workers and companies that make and sell their products in America, President Trump has dubbed this week, "Made in America", week. Essentially, this week is the beginning of introducing a new "Made in America" label. This label will be available to all domestic manufacturers who can prove that all of their product is made in America.
For many centuries, Gold has been the King of how people store their wealth. With a spot price per ounce that is in the 1000s, there is no end in sight for how high the price of gold can go. This is why many investors put their faith and dollars into the shiny yellow metal. Just like many things that are bought and sold, there is the possibility that counterfeits could be sold to the general public.
Throughout the history of the United States, there have been many splendid gold coins that have been minted and circulated until gold coins were discontinued in 1933. In 1986, the United States decided to once again start minting Gold coins. They started with perhaps the most popular modern gold coin: the American Gold Eagle. The American Gold Eagle comes in denominations of $5, $10, $25, $50. The obverse has a glorious Augustus Saint-Gaudens rendition of lady liberty clutching an olive branch in her left hand and a torch in her right, with the capitol building in the left background.