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This presentation explains the inherent properties of gold that make it a good store of value and economic basis.
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Why is Gold Valuable?Why is Gold Valuable?
Gold as a Precious Metal Gold as a Precious Metal and Store of Valueand Store of Value
Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454
In the Beginning…In the Beginning…• Gold was first mined by the
Egyptians more than 5000 years ago.
• From that point on, it has been considered a valuable commodity all over the world.– This is because gold has many
applications in crafts and business while also being a good “store of value.”
2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silverwww.mgsrefining.com | 212-398-www.mgsrefining.com | 212-398-
14541454
2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silverwww.mgsrefining.com | 212-398-www.mgsrefining.com | 212-398-
14541454
What is a Store of Value?What is a Store of Value?
• A store of value is something that can be saved and retrieved at a later date for predictable usefulness.
• Some examples include:– precious metals – gems– real estate– art– antiques
2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silverwww.mgsrefining.com | 212-398-www.mgsrefining.com | 212-398-
14541454
Why Gold?Why Gold?
• Gold has been the basis for many currencies over the years because it’s considered to be the most desirable store of value.
• This is because gold has inherent qualities that make it stand out from other stores of value:– Durability– Resiliency– Scarcity
2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silverwww.mgsrefining.com | 212-398-www.mgsrefining.com | 212-398-
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Gold DurabilityGold Durability
• Gold cannot rust or decay. It’s shine and luster never diminish, so its relative value is timeless.
• Unlike other stores of value, the price of gold is completely unaffected by age.– A newly mined piece of gold is worth the same as
a 100 year old piece.
2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silverwww.mgsrefining.com | 212-398-www.mgsrefining.com | 212-398-
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Gold ResiliencyGold Resiliency
• Gold can be refined and reshaped over and over.
• Whether it’s a necklace, a coin, or a bar – the intrinsic value of the gold doesn’t change just because the shape does.
2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silverwww.mgsrefining.com | 212-398-www.mgsrefining.com | 212-398-
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Gold ScarcityGold Scarcity
• Gold has a “sweet spot” in terms of scarcity.
• It’s rare enough to be valuable, but not so rare that it is prohibitive to find.– For example, iridium is a precious metal much rarer than
gold. However, it isn’t widely traded like gold, silver, platinum, and palladium.
• If gold were more common, it wouldn’t be as valuable. If it were rarer, there wouldn’t have been enough to back so many currencies over the centuries.
2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silverwww.mgsrefining.com | 212-398-www.mgsrefining.com | 212-398-
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Bonus Value!Bonus Value!
• Gold has a lustrous allure, which makes it popular in jewelry and artwork– It looks valuable.
• Gold is extremely dense – which makes it difficult to counterfeit.– The heavy weight also gives the
impression of real substance. It feels valuable.
About MGSAbout MGS
Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454
• Manhattan Gold & Silver (MGS) is a precious metals refiner that has been based in Manhattan’s historic Diamond District since 1985. We are a B2B company that buys and recycles precious metal scraps that accumulate in other businesses.
• We serve: – Jewelers– Pawnbrokers– Dentists– The industrial sector– Antique dealers– Machinists – And more!
• MGS also creates charts, calculators, and other online tools for our customers to use.
– Try our Precious Metals Prices app, which lets you monitor the real-time precious metals market situation from anywhere, right from your iPhone.
Recycle your Precious Recycle your Precious Metals for ProfitMetals for Profit
• MGS accepts gold, silver, platinum, and palladium.
• Payouts are based on the London Fixing.
• Up to 98% payout (among the highest in the US)– Up to 98.5% for gold brought in for hand testing.
• Not in NYC? Ship us your precious metals using our Ship & Sell service. Ship & Sell offers:– Same day wired payment (once lot is received)– Discounted, insured shipping– Payout calculator
Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454
Connect with MGSConnect with MGS• For amazing facts, history and news, read our
gold and precious metals blog.
• Join the conversation about precious metals on the MGS Facebook page.
• Follow gold, silver, and other precious metal trends at the MGS Twitter account.
• Circle MGS on Google+ to hear our latest updates.
• If you do business with us, connect with us on the MGS LinkedIn page.
• To see precious metal melting and refinement in action, visit the MGS Youtube channel.
Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454