Amid volatility in conventional investments, the popularity of hard assets like gold and silver bullion has never been greater. As a result, financial services firm Goldman Sachs has recently announced targets of $2,300 per ounce for gold and up to $33 per ounce for silver. At the same time, increased demand has drained the inventories of precious metals dealers around the world, leaving collectors and investors unable to reliably grow their portfolios.
Stack’s Bowers Galleries provides a consistent resource for gold and silver bullion through their Precious Metals Auctions. First introduced in October 2019, these monthly Precious Metals Auctions have become popular with “stackers” of every caliber. Bidders can expect an average of over 300 ounces of gold and over 3,000 ounces of silver per sale, along with impressive offerings of platinum and palladium. Featured are popular bullion coins including American Eagles, Canadian Maple Leaves, South African Krugerrands, and Chinese Pandas, as well as historic coins including pre-1933 United States gold and European classics. Stackers will also be delighted at 500-ounce “Monster Boxes” of American Silver Eagles and poured bars from popular and boutique refiners.
With a user-friendly platform and no buyer’s fee, the Precious Metals Auctions allow bidders to conveniently increase their portfolio with a name that has been trusted for over 85 years. Opening bids start at as little as 90% of the spot price, while increments as small as 0.10% allow for the most precise bidding in the industry.