APMEX Grand Design Challenge. Design the 2013 APMEX Commemorative Silver Round. Win a Grand!

 

Winner receives $1,000 and a round trip for two to Oklahoma City for a VIP tour of APMEX. Hurry, entries must be received by 5PM (EDT) Aug. 22 2012.

We’re looking for a great, new design, and it might be yours. This round will be the 2013 APMEX Commemorative Silver Round and will be widely marketed on our website. Enter the APMEX Grand Design Challenge and you can win $1,000 plus a round trip for two to Oklahoma City for a VIP tour of the APMEX facility.

You’ll get an inside peek into one of the largest Precious Metals retailers in the world and see how we buy and sell more than 7,000 different Gold, Silver, and other Precious Metals every year. You’ll visit the vault where we lock up some of the world’s most popular bullion and collectibles. And you’ll get $1,000!

How to enter

  • Read the rules here and pay attention to the fine print: Contest Rules
  • First, design a silver round. Any round that you would want to own if someone would make it. No need to include country of origin or denomination. We’re looking for a basic APMEX round. Consider this example.
  • Design your round to be 38.5 mm in diameter.
  • Convert your design to .jpg or .pdf format, and make sure the file size is under 1MB.
  • Email your design to coindesigncontest@apmex.com before 5PM (EDT) Aug. 22 2012. Be sure to include your full name and phone number in the body of the email.
  • Only one entry per person is allowed. Make sure the design you submit is the one you want; once you submit your entry, no revisions can be made.
  • Winner will be announced Sept. 05, 2012. Come back to this page to see the winning design.

So have fun. Create something beautiful, unique or personal. Create a design of your dream. This is your commemorative Silver round. Have some fun with it. Design submissions will be judged based on originality and creativity. Decision of the judges is final. Make sure you email your entry by 5PM (EDT) Aug. 22 2012. And good luck.

 

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HSBC predicts $1,900 Gold before 2013

 

Precious Metals gave up early gains after the better than expected nonfarm payrolls report was released this morning. The gain of 163,000 jobs in July blew past the expectations of 100,000. However, the unemployment rate moved up to 8.3 percent, the highest since February. American stock futures added to gains on the news.

The economies that make up the eurozone continue to drag. After barely avoiding a recession in the first quarter of the year, Ben May of Capital Economics said the future may not be so kind to that region. “If you look at the breakdown by country, it suggests that recession is going to be pretty broad based, and it’s not purely down to developments in the (eurozone) periphery,” May said.

Analysts at HSBC believe that the upcoming “fiscal cliff” for the United States and the rest of the economic uncertainty in the world will push the Gold price to $1,900 by the end of 2012. The analysts wrote, “Economic uncertainty, geopolitical tensions, and the uncertainty of the U.S. November elections are theoretically gold bullish. … Patience is the most important commodity.” Staleness in Gold’s price can be attributed to a give and take in the markets, according to the report. “Periods of heightened eurozone concerns have typically led to equity markets selloffs, triggering margin call related selling in Gold as investors seek to raise cash.”

At 9 a.m. (EDT), the APMEX Precious Metals spot prices were:

  • Gold, $1,590.20, Up $1.90.
  • Silver, $27.23, Up $0.14.
  • Platinum, $1,392.20, Up $4.40.
  • Palladium, $575.50, Up $6.70.

APMEX’s Account Managers now have extended hours Mondays through Thursdays and are here to serve you until 8 p.m. (EDT)! Or call us Fridays until 6 p.m. (EDT)! If you have any questions about investing in Precious Metals or simply would prefer to place your order by telephone, we are here to help.

 

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