Bitcoin is challenging gold: Gold price outlook is 'no longer overwhelmingly bullish,' says UOB


 Anna Golubova
Monday December 07, 2020 18:09


 News


Why has the gold price rally stalled, and is bitcoin to blame? Singapore's United Overseas Bank (UOB) says the massive surge in crypto's popularity could be partly responsible, but it is far from being the sole cause.
One of the reasons why November was such a difficult month for gold was a clear loss of interest in the precious metal, especially when it came to ETFs, which saw a hefty reverse in inflows.


Markham Numismatics has a strong sell on gold coins ,silver coins and PCGS & NGC coins.   we see a lack of interest to purchase continuing .   please contact us to discuss your numismatics holdings  and how we can purchase them.   
we have offices in Riverside ,ca - Palm Springs, ca - Palm Desert,ca -Diamond Bar,ca -Rancho Bernardo ,ca    we are by appointment only, so we can provide the best service to our clients. 
please email us via our website as this is the best way to communicate and start a conversation  and set an appointment if warranted .    www.markhamnumismatics.com

we are buyers of high quality pre 1975 sports card collections and hoards !  baseball cards ,football cards, boxing , basketball cards . if you have pre 1975 sportscards  in high quality please contact us  to discuss how we can help you .  we have offices in palm springs, ca and palm desert ,ca  .  please visit our website where you can email questions and photos this is great way for use to start communicating . 

well during this Covid-19 issue we are finding out that banks can be closed and safe deposit box access denied !!   Coin Collection , gold coins , platinum coins, are great to have for rainy day fund... Well  Ita Raining !   we are finding many people are selling there coins to have access to moneys that have been used to support their family and business during the shut downs..  we are also seeing old time collectors passing away or just getting too old to collect coins.  this makes it harder for us to find buyers for collector coins.   this trend is here to stay !! so we are recommending  selling unwanted coin collections , platinum coins ,gold or silver.   as now prices are high but we are seeing demand subside .. please contact us to discuss your rare coin holding or coin hoards .   please see our website where you can email me questions and we can start a conversation . email it the most efficient way to communicate . send photos and we ca set an appointment if warranted .   we have offices in Palm Springs ,ca and Palm Desert.ca    we are by appointment to provide the best service to our clients. 

with Gold And Silver prices at a  High . we feel its a good opportunity to take profits off the table . we recommend sell . both NGC graded and PCGS graded . in $21/2 indian gold , $2 1/2 liberty gold , $5 indian , $5 liberty , $10 indian gold , $10 liberty gold ,$20 liberty gold , $20 saint gardens gold ,  in these grades  ms 61, ms 62, ms 63 ,ms 64 , m 65  , also $20 saint garden in ms 66 .
its been a very long time since we aha seen this coins prices this high ..  please visit our website where you can email us questions / photos etc. this is the best way for us to communicate . and we ca set an appointment.   you can call us 1-800-953-3027    to provide the best services to our clients we are by appointment only.    we have offices in Riverside ,ca - Palm Springs,ca - Palm Desert,ca -Diamond Bar ,ca - Rancho Bernardo,ca 

Markham Numismatics has been a platinum coin dealer for over 35 years . we purchase all platinum coins .  we are aBBB Accredited Platinum coin appraiser  preferred by Attorneys and Trust .please contact us if you have platinum coins you wish to have appraised or sold .
WE BUY 
American Platinum Eagle
The American Platinum Eagle is the official platinum bullion coin of the United States. These coins are made of 0.9995 pure platinum with face values of 10, 25, 50 and 100 dollars and were first released by the United States Mint in 1997. The design of coins of different values is almost the same, except for some numerical values. 
American Platinum Eagle

Platinum Maple Leaf
Canada produced platinum coins from 1988 to 1999,with a 10th anniversary edition in 1989,and a series with a hologram on the reverse in 2002. Their weight ranges from 1/20 to 1 ounce (1.5 to 31.1 g).
The first issue of the Maple Leaf coins with the face value of 50, 20, 10, and 5 Canadian dollars was announced on 11 July 1988
On 29 July 1993, the Royal Canadian Mint started production of 1/20 oz, $1 coins,The coins contain an image of maple leaves (the national symbol of Canada) and a portrait of Elizabeth II. The 1 ounce coins are sold in batches of 10 pieces packed in plastic tubes.
Maple leaf platinum coins

Platinum Koala
The Platinum Koala is the most famous series of Australian platinum coins. On 18 June 1987, the Australian Government approved the minting of platinum and silver coins, and accepted them as legal tender. This decision was made based on the success of gold coins issued a year earlier. The minting of the "Platinum Koala" began in September 1988 in Perth. For marketing purposes, 2 ounce, 10 ounce, and 1 kilogram coins of silver, gold and platinum were introduced in 1991; the 1 kg coins were the world's heaviest bullion coins at the time.[69]
The obverse, designed by Raphael Maklouf for most issues, depicts Elizabeth II, and the reverse contains an image of a koala. The initials of the reverse face designer James Brown are present on most coins. The annual series contain coins weighing from 1/20 ounce to 1 kilogram.[70]

The Platinum Koala never reached the popularity of the American Platinum Eagle, mostly because it has not been advertised in the US.Like most investment platinum coins, Platinum Koalas are sealed in a protective plastic case. The coins are sold at prices that reflect the current price of platinum, and not at the face value printed on the coin. Since November 1986, the Perth Mint has used more than 18 tonnes of platinum for minting. About 85% of the coins were sold abroad
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Platinum Panda
The Platinum Panda is a series of platinum coins of China produced from 1987 to 2005. The series is named after the image of giant panda printed on the reverse of all coins. The People's Bank of China minted 8,300 one-ounce Platinum Panda coins between 1987 and 1990 with a face value of 100 yuan. Additionally, 5,450 ounces of platinum were used for coins of smaller denominations in the 1990s through the first decade of the 21st century. Minting was discontinued in 2005. 

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I have had several  clients this week goto their safe despot boxes and find their bank is closed ! and access to their safe deposit box is by appointment only.!   one client had to wait a week to get into his box.  today a client went to his bank to do a bank wire , his bank was closed .     maybe we need to rethink how safe bank boxes are? .  if when there is an emergency and access can be denied  .. than that is not the place for gold coins ,silver coins , etc . we are recommending sell some of those old coins , gold coins etc. and placing money in an easily accessed account etc.   
we are a BBB Accredited Coin Appraiser , with over 35 years of business savvy.    please visit our website where you can email questions and we can set an appointment .  we have offices in Palm springs ,ca and Palm Desert,ca   . to provide the best service to our clients we are by appointment .   call 760-904-6016

Many people are selling old coin collections , pcgs coins and ngc coins as there finding out you can't eat coins ! you need food ,toilet paper etc.  many people are finding stocks which are selling for a fraction of what they where priced just a few months ago.   we are not seeing coin prices going up as there seems to be plenty of coins to meet demand .. if you have coin collection , pcgs coins ,ngc coin gold coins or silver and would like to sell your coins.  we have a few appointments available please goto our website where you can email us questions via our contact page ..

We have a few appointments available for those who need to sell a larger coin collection ,gold coins ,silver coins to pay bills or other financial needs .. please visit our website where you can email us . 

when handling an estate with a coin collection . Its Important  to get a DOD Coin Appraisal ..  this establishes  the value upon death which is important for Tax reasons.    We Specialize in reconstructing an appraisal value as of the date of death.   please contact us if you need a dod coin appraisal .   please visit our website for more information .   we have been in business for 35 years .   we are BBB Accredited  Coin Appraiser . you can also email us questions and can set an appointment  though our contact page on the website  https://www.coindealerspalmdesert.com    
we have offices in 
Palm Springs ,ca 760-904-6016

Palm  desert,ca 760-904-6016

​By Appointment Only