1 troy ounce silver GATA commemorative coin
1 troy ounce silver GATA commemorative coin
- Securily packaged
- Certified
- Tradable world wide
- Customer rating: 9.7
This 1 troy ounce (31.103 grams) silver GATA commemorative coin is minted in 99.97% fine silver, by the Gold Anti Trust Action Cmmittee (GATA).
Specifications
Physical properties
Net weight
The net weight is determined by multiplying the gross weight with with the purity. |
1 troy ounce |
Condition | This product may show signs of usage. |
Origin
Price properties
Selling price | € 38,85 |
Metal worth | € 30,25 |
Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 1,25 |
Premium
The premium is determined by substracting the metal worth from the sales price. |
€ 8,60 |
Investment score | Investment-score: B-label |
VAT-rate | Margin taxation |
Other specifications
Buyback guarantee applicable | Yes - 107% |
Pick up possible | Yes |
Storage possible | Yes |
Availability | Never available again |
Information
1 troy ounce silver GATA commemorative coin
This 1 troy ounce (31.103 grams) 99.97% silver GATA commemorative coin is minted by the Gold Anti Trust Action Committee (GATA). It is an organization in America that advocates against the manipulation and suppression of the gold price.Formally established in 1999, GATA's mission is to expose, combat, and litigate against the conspiracy to control the price and supply of gold and related financial instruments. The committee originated from essays by Bill Murphy, a financial commentator on the internet, and Chris Powell, a newspaper editor in Connecticut.
Murphy's essays reported evidence of collusion among financial institutions to suppress the price of gold. In December 2009, GATA sued the Fed in the U.S. district court to obtain relevant data. In February 2011, the court ruled that most of the Fed's gold data could remain secret, but one had to be made public: the minutes of the April 1997 meeting of the G-10 Committee on Gold and Foreign Exchange. These minutes revealed that G-10 member states and central bank officials secretly discussed coordinating their policies regarding the gold market. GATA has gathered and published dozens of documents demonstrating that Western treasuries and central banks have both openly and covertly worked against a free gold market.
The GATA commemorative coin is minted in honor of the 10th anniversary of the GATA organization, founded in 1999. Therefore, the inscription on the coin reads 1999 - 2009.
Design of the silver GATA coin
Obverse
The reverse side shows a graph showing the price of gold over the past 10 years in USD per troy ounce. Around it you can see the inscriptions GOLD ANTI TRUST ACTION COMMITTEE - the name of the organization and One oz Ag 999.7 - the weight and purity of the coin.
Reverse
The reverse side shows a graph showing the price of gold over the past 10 years in USD per troy ounce. Around it you can see the inscriptions GOLD ANTI TRUST ACTION COMMITTEE - the name of the organization and One oz Ag 999.7 - the weight and purity of the coin.
Featured
- 1 troy ounce (31.1 grams) of pure silver (99.97%)
- Commemorative coin struck by GATA
- In honor of the 10-year anniversary
Price chart
Investment score
This product has a B-label (Common bullion coins and bars). This means that it is a common coin or bar that is easily tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice. Examples of coins with a B-label are coins with a lower mintage.
Label informationInvestment score: An A-label means that this is one of our most common products. When purchasing physical precious metals, we advise looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label signifies that this is a favorable choice when buying gold and silver.
Investment score: A B-label means that this is a common coin or bar, which is widely tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice.
Investment score: A C-label means that this is a less favorable investment choice compared to a product with a higher investment score. Products with a C-label are considered collectibles.