Silver and Gold Coins; how the Cook Islands chose to mark the Brexit vote

comdon
October 18, 2016

On June 23rd, the UK decided to leave the European Union. Even though there had been indicators that the country was growing restless about issues such as the refugee crisis in Europe, not many people really thought the country would vote to leave. Following the announcement of the referendum results, a series of economic repercussions hit the EU stock exchange, and their echo reverberated all over the world. Well, the Cook Islands chose to make the now infamous Brexit memorable through a sale of three collector coins. This program is under the supervision of Coin Invest Trust, a private company that is based in Lichtenstein.

The program is made up of .999 fine gold five dollar coin, .999 silver dollar and a .999 $20 dollar coin. All these have been embossed with a map that outlines the United Kingdom together with the flag and a frame of the continental Europe to symbolize the EU. The coins gained so much popularity with the public that by the fifth of august, the silver coin had been completely sold out. The $5 gold coin is said to be having a mintage limit of 10,000 pieces while the $25 coin has a mintage limit of 2, 016 pieces.

It is emerging that there is no distributor based in the US taking part in this sale. The owners of the coins will therefore have to look for their own secondary markets.

Why Brexit gold coin has become popular
The events that followed the Brexit vote shocked markets from Europe to the Far East and even in America and Oceania. It came as a reminder to many investors that paper money will always be an unreliable way to invest and save money. This is because when events that shake up the political landscape occur, the value of the currency is greatly affected. This inflation means that you will have a lot of money that cannot buy as much as it did before.

People that invest in gold do it because the precious metal does not seem to appreciate or depreciate depending on the political events. This is perhaps the main reason why investors in the UK and the EU in general have started stockpiling in gold and keeping it in safes inside their homes. It is estimated that the Brexit will not be completed until 2018, however, there are a lot of uncertainties about the implications that the move will have for the economic landscape of the country and the continent in general. Forecasts have been made showing that in the coming years, gold will really appreciate in value, which makes the buyers even more keen on securing a few more bars. The implications of this mass purchase remain to be seen.

Read more: http://fortune.com/2016/07/18/britain-gold-investing-brexit/

The Brexit Coins Arrive

comdon
September 22, 2016

The “Brexit” refers to the referendum vote that led to Great Britain and the United Kingdom severing ties with the European Union (EU). Some say this was a mistake, others say it was the wisest thing the British could have done. In time, all will be answered.

A host of interesting things have come out of the Brexit experience. Among them is the arrival of the Brexit coin. Those who collect coins as a hobby or for investment purposes should definitely give these coins a closer look.

The coins were issued by the Liechtenstein’s Coin Invest Trust for the Cook Islands. There are three coins in total, a $1 silver piece, and a $5 and $20 gold piece. The number of these coins minted are 2,016 for the $1 and $20 coins and 10,000 for the $5 coin. Investors absolutely will find these coins worth considering since they are .9999 percent pure. Such a high level of purity is necessary for a coin – or other asset – be have legitimate investing value.

One thing that does set coins apart from other assets would be their collectability. Considering how historic the Brexit vote and aftermath is, these coins are surely going to have solid collectible value. Even without the collectable component, the precious metals that comprise the coins are always going to have value on the market. The gold market has been doing quite well over the past few years, which is why interest in gold coins is so high. Silver, too, has its fans in the investment world.

Visually, these coins are incredibly beautiful. Images of the United Kingdom, the continent of Europe, and the Union Jack are all prominent on the coins. The date of the Brexit, June 23, 2016, and the word “Brexit” are clearly adorned on the coins. Yes, a lot of great work went into the creation of these coins.

U.S. Money Reserve of Austin, TX is home to many great coins. The Brexit coins may end up being placed on the vast catalog of coins sold through U.S. Money Reserve. The company has been receiving a lot of press thanks to the amazing work of its executives. The work of the executives underscores U.S. Money Reserve’s commitment to delivering the best product to its customers.

Read more:

Silver, gold mark historic Brexit