Doylestown, PA -- (SBWIRE) -- 12/09/2016 -- The leading online retailer of coin collection cases and a myriad of other numismatic supplies, SAFE® Collecting Supplies, has released a write-up via their website discussing gold. Considering that many of the company's collectors possess gold coins in their collections, the article came in light of the recent shift in stock and precious metal markets as a result of the recent presidential election of Donald Trump.
"Regardless of your political position, there's no denying that the markets are a thing to keep an eye on these days," said Kurt Braun, founder and president of SAFE® Collecting Supplies. His article set out to give a basic overview on the history of the gold standard, and why coin collections are affected by the gold market.
Braun's article discusses how the gold standard made sense in the 19th and early 20th centuries, but had to be abandoned by 1971 due the United States' economy becoming far too big to attach itself to limited commodity such as gold.
The second portion of the article delves into why coin collections are affected by the gold market. Gold coins act as vessels on which to store raw gold investments, and as their value adjusts, so do the values of other kinds of collectible coins.
To read SAFE® Collecting Supplies' article in full, please click here.
SAFE® Collecting Supplies is a popular online retailer that supplies a variety of coin collector boxes and other coin storage options in which numismatists can safely store their collections. To browse their full inventory, please visit SAFE® Collecting Supplies' website, or dial 877-395-SAFE (7233) to speak with a company representative.
About SAFE® Collecting Supplies
Since 1953, SAFE® Collecting Supplies has been the leading manufacturer of high-quality collecting supplies around the world. The company is dedicated to helping collectors find the appropriate collecting and storage system for coins, paper money, stamps, pins, postcards, rocks, minerals and more.
For more information, please visit http://www.safepub.com/.