A new range of sports coins made from precious metals have been released in the US, it has been confirmed.

Artfest International released a number of limited edition platinum, palladium, gold and silver coins to mark the launch of its official website on Saturday (1st May).

The commemorative coins depict current and past legends in the NCAA, NBA, NFL, NHL and MLB and will be released by the company with its subsidiary, Artfest Direct.

"We are excited about the launch of Artfest Direct, where we can provide an opportunity for an average fan to earn income while watching and enjoying their favourite sports teams," said Edward Vakser, President and Chief Executive of Artfest International.

"This opportunity is going to generate a tremendous amount of sales for Artfest over the next 12 months."

Artfest Direct also revealed that it expects its membership, which currently stands at 1,000, to double by the second quarter of 2010 and to reach 20,000 by the end of the year.

Edel Tully, Chief Metals Strategist at UBS, told the Daily Telegraph last month that platinum and palladium will outperform gold as an investment as the global economy recovers.

Source:

Artfest International, Inc. Signs Exclusive Agreement to Release Limited Edition Licensed Sports Coins (01/05/10)

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