Last Updated on 5/4/2008 by bidz

Precious-Coin Market May Lose Its Luster

Financial News – Yahoo! Finance
WallStreet Journal
Saturday May 3, 2008
By Carolyn Cui

“The gyrations in gold prices have upended the market for precious coins just as a lot of new investors have rushed in.

Coin sales surged for most of the last year as the price of gold and silver shot up. Buyers view coins as a way to hoard wealth and protect against uncertainty. And they are less bulky than a barrel of crude oil and more affordable than a gold bar.”

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