There are many people around the world that are finding it tough financially. With the present state of the economy the stress of finances is enormous. Many people are looking for free financial tips so that they can get back on track financially. You may be interested in this article if you are looking for financial advice.There's no such thing as a free lunch, and that especially applies to supposedly free financial advice. Here's how to spot them so you don't get stung.


Monday 23 July 2012

Rare Gold Coins

By Kenneth B. Fredericksen


I'm certain you've seen the tv commercials on late night television, and I am positive you have heard the experts speak about it... The gold market is increasing. The value of gold is at the highest ever of all time! Have you taken benefit of this new "gold rush"?

You may don't know where to start this? Sure, you could go and buy some gold bars, but you'd need to have a lots of money to get gold that way. Nope. Us little folk don't have half a million dollars laying around to obtain up a small gold brick. Nor do the many us have enough cash available to acquire a 5 or 10 ounce bar.

As an alternative, we have to depend on gold bullion coins. Which isn't a bad investment selection. Truth is, a lot of individuals prefer the gold coins. Why? Mainly because they generate investing in gold fun. Not to mention some other great things about gold coins: easier to control, economical, can be bought in numerous different weights (1/10th troy ounce up to 1 troy ounce), and produces a premium price.

Honestly, it is how we individuals have been bartering and trading services and goods for thousands of years - using coins of gold, silver and other valuable metals.

In today's global economy you can buy rare gold coins from many different countries.

World Gold Coins Minted Today:

Gold Krugerrand Gold Buffalo American Gold Eagle Chinese Gold Panda Canadian Maple Leaf and a lot more!

All of these coins demand a top quality above the spot price of gold. Occasionally approximately 8% to 10% and more. And these are only the uncirculated BU coins! What if the coin is certified and graded? And what if that specific coin was a rare gold coin... A restricted number minted? I've seen 1 ounce gold bullion coins go for 5x the spot price of gold because it was either graded MS70 or it was a restricted mint or because of both!

But there are several coins which need higher premiums than even today's minted gold coins... rare gold coins from the 18th, 19th and early 20th centuries.

As an illustration, a 1908 Saint Gaudens Double Eagle graded certified MS65 can easily fetch around $3,000. That's about double what the spot worth of gold is today! That's one example. There are so many that I could not begin to cover them all here.

If you wish to obtain the most out of your money collect rare gold coins. Not only are they fun to collect but they contain historical value, they are remarkably magnificent pieces of art, they are easily manageable and they meet everyone's budget. Not to mention that they also demand much higher premiums. More bang for your buck!

So, if you are thinking about investing into gold or gathering coins... Look no further than rare gold coins. You can't go wrong, and you can constantly find a buyer if and when you are prepared to offer.




About the Author:



No comments:

Post a Comment