Alternative Investment News Round-up: Friday 8th April

Royal Mint launches new bullion coin range

The Royal Mint has launched a new range of bullion coins for collectors.

The collection, titled The Queen’s Bests, is inspired by The Queen’s Beasts sculptures, created for the Queen’s coronation ceremony in 1953.

The range of coins uses a series new designs based on the 10 beasts – lions, griffins, falcons, bulls, yales, greyhounds, dragons, unicorns and horses – beginning with the Lion of England.

“The introduction of The Queen’s Beasts series brings an exciting new series of bullion coins to investors around the globe,” Head of bullion sales, Nick Bowkett, told The Express.

UK residential property is a better investment than gold, according to new research.

The precious metal has long been a popular asset among investors seeking an alternative to traditional products during times of uncertainty. Indeed, gold prices have increased 1.3 per cent today, following the result of a Dutch EU referendum on a trade deal with Ukraine. Voters rejected the deal, which is being regarded as some as a litmus test of sentiment towards Europe ahead of the UK’s Brexit referendum in June.

With uncertainty climbing as a result, demand for gold as a safe haven has risen, driving up spot gold values in mid-morning European trade. However, on a long-term basis, new research suggests that gold could actually be a worse investment than mainstream real estate. A study by estate agency Jackson-Stops & Staff to mark the Queen’s 90th birthday shows that average UK house prices have risen from a modest £619 to £291,504 over the course of her life.

If the £619 invested in an averagely priced UK property in 1926 was invested in gold, it would have risen to £127,051 (gold was £4.25 an ounce in 1926, and is at time of writing £876 per ounce).

Read more

Burmese ruby expected to fetch up to $15m

A 15.99ct Burmese ruby is expected to fetch up to $15 million at an auction next month.

Whereas emeralds, sapphires, and diamonds regularly appear on the market in important sizes, large rubies of Burmese origin are exceedingly rare. The Jubilee Ruby is therefore billed as “the most important Burmese ruby to appear at auction in the United States in over 25 years”.

Indeed, the last time a 16.20-carat gem Burmese ruby sold at Christie’s was in October 1990.