Up-To-The-Minute
Gold Prices
JH MINT in Auburn, California is Gold Country's Premier National Bullion Broker.
We display Up-To-The-Minute Gold Prices in our retail store and on our website. Scroll down or click here to see our current priceboard, or continue to our homepage at auburnsilverandgold.com.
We routinely buy, sell and trade physical gold bullion coins and bars in all of the most popular formats and have an extensive inventory on hand at all times. We can broker any size transaction for any of the following items and more:
- Gold 1 oz. American Eagle
- Gold 1 oz. American Buffalo
- Gold 1 oz. Canadian Maple
- Gold 1 oz. Krugerrand
- Gold 1 oz. Austrian Philharmonic
- Gold 1/10 oz. Coins
- Gold 1 oz. Bars
We buy placer gold, dental gold and all foreign gold coins.
from wikipedia.org:
Gold
Gold has been a valuable and highly sought-after precious metal for coinage, jewelry, and other arts since long before the beginning of recorded history. Gold standards have been the most common basis for monetary policies throughout human history, being widely supplanted by fiat currency only in the late 20th century. Gold has also been frequently linked to a wide variety of symbolisms and ideologies. A total of 165,000 tonnes of gold have been mined in human history, as of 2009. This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8500 m3, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.
A gold coin is a coin made mostly or entirely of gold. Gold has been used for coins practically since the invention of coinage, originally because of gold's intrinsic value. In modern times, most gold coins are intended either to be sold to collectors, or to be used as bullion coins—coins whose nominal value is irrelevant and which serve primarily as a method of investing in gold.
Gold has been used as money for many reasons. It is fungible, with a low spread between the prices to buy and sell. Gold is also easily transportable, as it has a high value to weight ratio, compared to other commodities, such as silver. Gold can be divided into smaller units, without destroying its value; it can also be melted into ingots, and re-coined. The density of gold is higher than most other metals, making it difficult to pass counterfeits. Gold is extremely unreactive. The scarcity of gold stabilizes its value.
Gold Country
Gold Country (also Mother Lode Country) is a region in the central and northeastern part of California, United States. It is famed for the mineral deposits and gold mines that attracted waves of immigrants, known as the 49ers, during the 1849 California Gold Rush.
Auburn, California
Auburn is the county seat of Placer County, California. Its population at the 2010 census was 13,330. Auburn is known for its California Gold Rush history.
Auburn is part of the Greater Sacramento area.
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