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Current information on coin and paper money collecting and that art of investing

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Monday, August 11, 2008

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Gold & Silver Coin Bullion News

Among my top five worst coin investments are modified coins, such as genuine U.S. Mint products that have been altered by adding holographics or coloring. These coins are generally considered "damaged" by serious coin collectors, and you will only get the bullion value when you go to sell them, if that. I have heard of dealers discounting them because of the added impurities that the paint and other crap applied to the coins adds to the metal.
According to many experts, the best type of investment coins are rarer, key date coins issued by the United States, in the best grade you can afford to buy them in. If you can't afford to shell out $2,000 a coin to buy key dates in high grades, then buy common coins in the finest grades you can. Lower grade, common coins have historically not appreciated as much in value as key date coins do, so they are probably not a good investment choice (although they're great for filling up the holes in albums, especially with kids helping out!)
Buy Krugerrand gold coins.

Buy the scarcest coin in the best condition that you can afford. Many collectible gold coins sell near the melt price of gold because there are more than enough around to cover demand. When gold increases or decreases in value, these coins will follow. But the higher the grade, the lower the population and demand will push up the price rather than just following the price of gold.
Buy gold coins.

The usual benchmark for the price of gold is known as the London Gold Fixing, a twice-daily (telephone) meeting of representatives from five bullion-trading firms. Furthermore, there is active gold trading based on the intra-day spot price, derived from gold-trading markets around the world as they open and close throughout the day
Find rare gold coins for sale in our store.

The Latest gold coins for sale News

Gold Coins of Roman British Usurper Found

Sat, 07 Jun 2008 03:31:00 +0000
The number of known gold coins of would-be Roman Emperor Carausius recently increased from 23 to 25 specimens.

The two newly uncovered examples...



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Coin Trivia for 22 Jul 2008

1. Which direction is the eagle flying on a Standing Liberty Quarter?

4. The first foreign coinage produced by the Royal Canadian Mint was in what year?

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