Millions of dollars of certified Gold Bullion are set to outshine Classic Cars, Fine Art, Pink Diamonds and a massive collection of Pinball machines at this weekend’s online auctions at Lloyds Auctions.
Consisting of over 200 pieces of certified bullion and nuggets, the auction has something for every budget, however headlining the auction is a 400 oz Gold Bar with an estimated auction price of over 1 million dollars.
If you’re first thought is who is bidding on a million-dollar piece of gold – there are actually six of them and according to Lee Hames, the Chief Operations Officer for Lloyds Auctioneers and Valuers the phone is running hot.
“Since the start of the pandemic it is no secret that gold has soared in value to record high prices this year, and it seems as though a similar trend to the 1930s Great Depression is now repeating itself bringing a new regeneration of values to the gold industry. This has spurred massive interest in the purchase of gold as a form of ‘Safe Haven’ investment the average household can have,” Mr. Hames