We buy gold silver platinum coins

Gold, Silver & Platinum Coins

We from True North Gold Buyer Ltd., the gold buyer, silver buyer & platinum buyer of your choice, offer you top prices for your old or unwanted coins. You can find examples of gold, silver & platinum containing coins we buy in the list below. If you cannot find your coin in that table or have a coin that you can not identify please write us via our Contact Form or call us at (705) 302 1055 to obtain an estimate. Please keep in mind that we may not be able to provide you with an accurate estimate until we have seen the coin.

Gold Coins

A gold coin is a coin made mostly or entirely of gold. Gold has been used for coins practically since the invention of coinage, originally because its intrinsic value. In modern times, gold coins are used as bullion coins, coins whose nominal value is irrelevant and which serve primarily as a method of investing in gold. Gold prices are more stable in slow economic times, as gold is considered a safe haven and its demand is not driven by industrial uses.

Silver Coins

Silver coins are possibly the oldest mass form of coinage. Silver has been used as a coinage metal since the times of the Greeks. Their silver drachmas were popular trade coins. Silver bullion coins are popular among people who desire a “hedge” against currency inflation or store of value. Silver coins are difficult to counterfeit, and their genuineness is easily recognizable.

Platinum Coins

Platinum coins are a way to invest in platinum, although relatively few varieties of platinum coins have been minted, due to its cost and difficulty in working. The price of platinum changes along with its supply and demand. During periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold, whereas, during periods of economic uncertainty, the price of platinum tends to decrease due to reduced demand, falling below the price of gold, partly due to increased gold prices. Platinum price peaked near US$2,300 per troy ounce ($74/g) in March 2008 driven on production concerns (brought about partly due to power delivery problems to South African mines). It subsequently fell to US$780 per troy ounce ($25/g) in November 2008.

Examples of coins we buy

Email this to someoneShare on FacebookShare on RedditTweet about this on TwitterPin on PinterestPrint this page