News
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November 23, 2014
*During long holiday breaks, such as Thanksgiving, Christmas, and New Year's, please note that we do "hold" packages from shipping on certain days for security reasons (packages lingering in sort facilities around holidays pose higher security risks). We believe this grace period is in the customer's best interest, and could potentially impact the 3-day shipping window slightly.
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November 14, 2014
According to the latest Gold Demand Trends report from the World Gold Council, covering the period July to September 2014, global demand for gold was down just 2% year on year to 929 tonnes (t).
Investment demand, a combination of bars and coins and exchange-traded funds (ETF), was up 6% to 204t. However, investment in bars and coins was down 21% to 246t. This reflects an adjustment towards more normal levels of demand after a surge of unprecedented consumer demand took place last year. ETF outflows stood at 84t for the year to date compared to 699t in the same period last year. Third quarter demand for bars and coins was very close to the 10-year quarterly average of 240.6t. It’s worth noting that before the financial crisis of 2008, the European bar and coin market was virtually non-existent.
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November 04, 2014
This video produced by the Royal Canadian Mint is a unique look at their minting process and new DNA Anti Counterfeiting Technology. Each gold coin issuing from RCM is encoded with its own serial number to ensure authenticity.
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October 20, 2014
The video below is some press coverage of the Aggie 100 event featuring Texas Precious Metals from KBTX in College Station, TX.
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October 20, 2014
(Shiner, TX) - Precious Metals Company Recognized as the Fastest Growing Aggie-Owned or Aggie-Managed Company in the World by Texas A&M University
Texas A&M University recognized Texas Precious Metals of Shiner, TX as a member of the 2014 Aggie 100 honoring the fastest-growing companies in the world, owned or operated by Texas A&M University former students. Texas Precious Metals was ranked #1 with a compound annual growth rate of 371.9% from 2011 through 2013. The Aggie 100, a program created by the Center for New Ventures and Entrepreneurship in Texas A&M University’s Mays Business School, honors graduates from across disciplines for their entrepreneurial endeavors and success as business leaders.
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October 13, 2014
Leading precious metals dealer to offer 33,000 coins and $2.3M in inventory across broad range of vintage and modern coins on Amazon.com
Texas Precious Metals has today announced the launch of its collectible coins store on Amazon.com. The company has allotted $2.3M worth of inventory across a broad range of gold and silver coins from the United States Mint.With vintage and modern coins dating to 1798, the complete catalog represents more than 33,000 coins across 500 unique products. The high-ticket item, a rare buffalo nickel from 1918, is listed at more than $26,000.
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October 09, 2014
Texas Precious Metals is proud of the history and heritage of our sleepy, little town - Shiner, Texas. The rich Czech and German cultures add to the charm of this small dot on the map. What many of our clients know about this town, is that it is also the home of Spoetzl Brewery—maker of Shiner Beer (located almost directly across the street from our office in fact). Many of our clients that come to our offices to pick up their order, do so in order to grab some Shiner Bock or Premium while in town (and possibly catch some polka band music as well). Shiner Brewery is expanding nationally (shipping now to New York) and has produced this commercial which highlights the town of Shiner.
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October 01, 2014
We are excited to announce the arrival of the new 2015 Gold Australian Perth Mint Kangaroo! The beautiful new coin is .9999 fine gold with a legal tender face value of AUD$100. Each year, the Perth Mint changes the design of the reverse of the coin, and this year's design features a leaping Kangaroo with a full moon backdrop. Texas Precious Metals is one of the world's largest distributors of Perth Mint gold products, responsible for nearly 30% of domestic gold sales and 10% of worldwide gold sales.
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September 03, 2014
Texas Precious Metals and The Perth Mint release spectacular Houston-Perth “Sister Cities” Coin, celebrating the strong ties between the cities’ booming energy sectors
Shiner, TX: Texas Precious Metals is excited to announce the release of an exclusive Houston-Perth “Sister Cities” coin in partnership with The Perth Mint, Australia. The half-ounce, 99.9% pure silver coin features offshore and onshore oil rigs showcasing the cities’ historic energy sectors. The coin also pays homage to the flags of Texas and Australia.
The Sister Cities coin will have a legal tender face value of AUD$0.50 and be restricted to a limited mintage of only 500,000 coins.
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September 03, 2014
From gold.org:
Gold demand of 964t in the second quarter was, unsurprisingly, lower when compared with the exceptional upsurge in demand in Q2 2013. Jewellery demand weakened year-on-year, but the broad, 5-year uptrend remains intact. Investment demand pulled back from the extremes seen during last year as relatively stable price conditions contributed to the subdued environment. Central banks continued to buy gold at a solid, steady pace. Mine production grew 4% year-on-year for a second consecutive quarter, contributing to a 10% increase in gold supply.