2020 Update, Part 2: Silver Topped All Other Investments in 2020
According to the Journal, Copper gained 25.77% and Gold gained 24.59% in 2020.
In the Coin Market, 2020 Silver American Eagle demand more than doubled, while demand for the Gold American Eagle grew 455%, and gold American Buffalo bullion coin demand grew nearly fourfold in 2020.
This superb year for gold, silver and Mint sales brought many new customers into the gold coin market. As a result, we enjoyed a very good year for acquiring new customers, as did others in our industry. We know that a good percentage of new bullion customers will likely become rare coin investors and collectors over the next two years. This, in turn, drives up the demand and prices of rare coins in the rare coin market. A number of rare gold coins increased in value more than the price of gold did during 2020
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