LOS ANGELES--(BUSINESS WIRE)--Lear Capital, the leader in precious metals, announced an increase in demand for its exclusive wildlife series of gold and silver coins this year over 2018. The gold quarter-ounce coin and the silver two-ounce and 10-ounce coins, produced by the Royal Canadian Mint, a world-class mint, are exclusively distributed by Lear Capital.
“The coins are 99.999% gold and silver, respectively, and their pure content makes them attractive for collectors and investors alike,” said John Ohanesian, CEO of Lear Capital. “The spot price of gold has increased 24% since this time last year, and our sales are exceeding expectations.”
The wildlife series of coins spotlight endangered animals such as the Orca (2019 coin), Silver Snowy Owl (2018 coin), Grizzly Bear (2017 coin), Snow Falcon (2016 coin), Polar Bear and Cub (2015 coin), Arctic Fox (2014 coin) and Polar Bear (2013 coin). The new 2020 coin is in development and will be unveiled later this year. All of these coins have a fixed mintage and Lear considers them the semi-premium bullion coins as a result.
Multiple reputable news sources are reporting an increase in central bank and retail purchases of gold and other precious metals as a hedge against market uncertainty, including an unpredictable stock market, an ongoing trade war with China, uncertain monetary policy and limits on the Federal Reserve’s ability to cut interest rates, and a potentially looming recession.
About Lear Capital
Founded in 1997, Lear Capital is a leading precious metals company. Lear Capital provides the tools needed to securely purchase and sell precious metals. The company offers a diverse suite of intelligent resources including real-time pricing, regular email alerts, newsletters and personal sales representatives to answer questions. Lear Capital enables its customers to stay current on the latest developments in the gold and precious metal market. For more information, please visit http://www.learcapital.com.