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Seeking Alpha Article On Coin Sales

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New Member

United States
37 Posts
 Posted 03/09/2013  09:23 am Show Profile   Bookmark this topic Add veritek to your friends list Get a Link to this Message Number of Subscribers
I found this interesting article on Seeking Alpha. It speaks mostly about the increase in Coin/Bar investment as a whole and as a percentage of total PM market. It also showed a really cool graph about the growth in coin issuance by country from 2000 to 2011. Don't know what the rules are about posting a picture/graphic that I don't own so I'll just give you what I found interesting.

The country with the most coin issuance overall was by far Turkey. They issued 60 tons in 2011 compared to Canada's 35 and US's 30. Other countries dropped off after them. Now, I've been looking around this forum, various PM websites and other places for a few months now and I've NEVER heard of Turkish bullion. What's the deal with those numbers? Is it because I'm in the US and the Turkish product is more Euro-centric?

This doesn't really change my opinion of which countries I find more valuable/tradable/etc. But still thought this was interesting.

I'll post the link to this article but be warns, you'll need to put in your email address and register to the website. It's a pretty good resource for news articles for stocks/bonds/ETF's, so I recommend it if that's what you're into.

http://seekingalpha.com/article/124...ecord-levels
Pillar of the Community
GoThunder's Avatar
United States
830 Posts
 Posted 03/09/2013  10:39 am  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
Maybe there was a misprint, like someone got the units wrong or something?
New Member
United States
37 Posts
 Posted 03/09/2013  12:28 pm  Show Profile   Bookmark this reply Add veritek to your friends list Get a Link to this Reply
No, the content of the article matched the chart saying things like "the Turkish minted coin was by far the most popular coin" etc etc. So that's not it.
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