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10 Treasures that Out-Shine Gold

January 23rd, 2013



Interesting article from Michael Brush at MSN Money.  I think I have a better chance at a Moon Rock than a Birkin Bag...unfortunately.

Read Article Here

Some interesting statistics in the article:

-A page of animation art sold at Disneyland in the mid-1950s for $1.25 can now go for $25,000 or more. That's a 1,999,900% price increase, compared with 4,643% for gold over the same time.
- A 9.26 carat emerald-cut, loose diamond recently sold for $902,500 at Heritage Auctions, which works out to $487,300 per gram. That's 9,125 times the price of gold, worth about $53.40 per gram.
-A Cartier art deco ring with ruby and diamonds set in platinum recently went for $14,340, or $2,750 per gram, which is 50 times the price of gold. An art deco diamond and platinum bracelet from Tiffany just sold for $30,000, or $1,430 per gram, about 30 times the price of gold.
-At a Heritage auction last May, lunar meteorites went for $185 a gram to $3,400 a gram, compared with about $53.40 a gram for gold. Thus moon rock is worth 3.5 to 64 times more than gold.
-Net global demand for Platinum of 6.2 million ounces a year already exceeds supply by about 400,000 ounces, says Winmill. He thinks platinum, now at $1,630 an ounce, could hit $2,000 by the end of 2013. It will trade for an average price of about $1,825, he believes.


It seems that some of these are interesting options.  However, if you're just an average consumer like myself perhaps real estate is a more realistic investment.

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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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