Philip Diehl is a well-known name in currency circles. Diehl has held some high-level positions in the U.S. Mint and on Capitol Hill. Diehl is the man that decided to launch the 50-state quarter program, and when those coins went into the circulation for the first time, they were worth more than anyone expected. A state quarter set that sold for $10 originally was selling for $40 a few months later. Diehl does know his way around the U.S. Treasury and the Senate Finance Committee, and the rare coin market. Learn more about US Money Reserve: http://www.prnewswire.com/news-releases/us-money-reserve-encourages-visitors-to-explore-its-new-website-and-e-commerce-coin-catalogue-300225181.html
Phil was interviewed by Eric Dye, the host of Entrepreneurial Podcast Network’s show, Enterprise Radio recently, according to PRNewswire.com. Diehl talked about coin investing and the gold and silver market in general. Diehl also talked about the growth of the U.S. Money Reserve since he became president of that company, and what standards the U.S. Money Reserve uses to put values on certain gold, silver and platinum coins.
Phil likes the idea of adding rare gold and silver coins to IRA accounts because they appreciate so quickly. The reason for the rapid appreciation is the surge in the gold and silver markets. The scarcity of rare coins is another reason to add them to retirement accounts, but the jump in gold and the fact that gold is going to continue to go up in value makes gold coins the perfect investment, according to Mr. Diehl.
There are a lot of investors that agree with Philip Diehl. The value of gold has increased by more than 26 percent since the beginning of 2016. Gold has outperformed other investments during the first seven months of 2016, and that trend is going to continue. The price of gold is $1,340 an ounce, and Diehl thinks that’s a bargain. Phil thinks gold will hit more than $1,600 an ounce over the next 12 months, and gold will continue to go up in value during the 21st century.
Diehl also talked about the strong customer service department that the U.S. Money Reserve has put in place to handle the volume of requests for gold, silver and platinum coins for investment purposes. Phil believes in satisfying his clients regardless of cost. U.S. minted coins are in demand again, and U.S. Money Reserve is ready to help people understand the often confusing coin collecting market. Diehl believes there is a coin collector in everyone, and he wants to help people navigate successfully in the coin market.