Gold price above 3,100 US dollars per troy ounce

Whether investors bet on gold mining shares or physical gold – preferably both – the gold price rally is still in full swing. Anyone who collects coins is usually knowledgeable, often cautious. A passion for collecting can also extend to gold bars. In the USA, such passions often began during the Great Depression in the 1930s. When confidence in the traditional banking system waned, alternative ways of storing value were sought. A sensational collection of around 15,000, mostly gold and silver coins, with an insured value of more than 100 million US dollars, will now be auctioned by the coin auction house Numismatica Ars Classica (NAC). The coins date from ancient Greece to modern times and have been hidden for over 50 years. The collector, whose identity is secret, buried more than 10,000 coins in his garden for fear of a Nazi invasion. Packed in cigar boxes and sealed with aluminum sleeves, they lay dormant.

This so-called Traveler Collection, considered the most expensive of all time, will be auctioned off in the next three to four years. The secret collector began buying coins in 1929. He collected other rare and historically important coins while traveling. It took the NAC more than a year just to catalog them. The coins include, for example, a 100-ducat gold coin weighing 350 grams and worth at least 1.4 million US dollars. There is also a silver penny from the 9th century, estimated at 11,000 US dollars. The fascination with gold will never fade and investors who add a few gold mining stocks to their portfolio should not be wrong

For example, Vizsla Silver – https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ – owns gold and silver in Mexico at its high-grade Panuco gold-silver project. The project covers around 7,200 hectares. Test mining is already underway here. There is also a project in British Columbia.

Miata Metals – https://www.commodity-tv.com/ondemand/companies/profil/miata-metals-corp/ – is responsible for the Sela Creek gold project in Suriname and the Nassau gold project in Suriname. Further investment opportunities are available.

Current company information and press releases from Miata Metals (- https://www.resource-capital.ch/en/companies/miata-metals-corp/ -) and Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-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.

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