U.S. Money Reserve recently announced its release of the all-new Battle of Iwo Jima 75th Anniversary 2 oz. Proof Silver Piedfort coin. This legal-tender silver coin is the latest entry in the best-selling Battle of Iwo Jima coin series that debuted earlier this year. It also provides an excellent opportunity for buyers looking to expand their precious metals holdings while honoring a major event in United States history.
The Pricing Status of Precious Metals
Now could be a potential buying opportunity in the precious metals market. Following an impressive rally, gold hit a new all-time record high of $2,072.49/oz. on August 7, according to Reuters. Bank of America Corporation analysts forecast that the price of gold could reach another all-time high of $3,500/oz. within the next two years. During the pandemic, global uncertainty has been driving gold to fresh all-time highs, and indications are that this climb could possibly continue. Th upward trend has helped establish gold as a safe-haven asset for 2020 and potentially beyond. Premiums over spot prices for some coins have surged to record levels and could continue in the same direction.
Precious metals are considered safe-haven assets. Safe-haven assets are items that portfolio holders can turn to during periods of economic turmoil and stock market fluctuation. The economic uncertainty as a result of the COVID-19 pandemic and subsequent recession have both contributed to gold’s rise in price.
A Rare Purchasing Opportunity
U.S. Money Reserve announced in August its exclusive release of the Battle of Iwo Jima 75th Anniversary 2 oz. Proof Silver Piedfort coin. Struck from two ounces of 99.99% pure silver on “double-thick” proof blanks by the Perth Mint of Australia, the 2 oz. proof silver piedfort coin features a moving rendition of Joe Rosenthal’s famous photograph of six U.S. Marines raising the American flag on Iwo Jima. This coin pays tribute to one of the most defining moments in World War II history.
Prospective buyers looking to diversify their portfolios with precious metals can seize this opportunity to own a rare item that pays tribute to a significant U.S. historical event. Purchasing these coins through U.S. Money Reserve also offers the incentive of working with a trusted source in the field of precious metals. Working with an experienced team is incredibly valuable in a time when the demand for safe-haven assets is on the rise. With so much uncertainty impacting the global economy, this opportunity allows customers to continue pursuing a purchase of precious metals assets.
About U.S. Money Reserve
U.S. Money Reserve, also known as America’s Gold Authority®, is headquartered in Austin, Texas. The company began its operations in 2001. Nineteen years later, the company stands as one of the nation’s largest private distributors of U.S. and foreign government–issued gold, silver, platinum, and palladium legal-tender products. Its uniquely trained team of precious metals and coin research professionals has established U.S. Money Reserve as a premier source for individuals looking to diversify their portfolios with precious metals.
U.S. Money Reserve takes pride in its positive reputation. The company assists precious metals buyers at every level in finding the right products. U.S. Money Reserve’s superior customer service encourages long-term relationships with every one of its clients. Prospective buyers should consider turning to U.S. Money Reserve to diversify their portfolios with physical precious metals.
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