Snippets Of Numismatists News
There are two types of coins, those bought for their rarity or numismatic value and those bought for their precious metal bullion value. I recommend buying a one troy ounce bullion gold coin because they are much more affordable than numismatics and also for the same price you will get much more gold metal content which is the whole point of buying the coin (gold attracts wealth). Now that we have decided to buy a one troy once bullion coin, there are many selections. There are 22 karat coins and also 24 karat coins. Due to their durability, I recommend buying a 22 karat coin because they are much more resistant to nicks and scratches. The two best 22 karat coins to invest in are South African Krugerrands and US American Eagles. If you decide to go the 24 karat route, US Buffalos and Canadian Maple Leafs are the best choices. All four of these coins are very popular and readily exchangeable at coin dealers all around the world.
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Gold is a tremendous holiday gift and I encourage you to give gold and silver coins to your loved ones this holiday season. There are two high level reasons I like this idea so much. First, gold is an appreciating asset and store of value. By giving a gold coin, you are giving a loved one an investment that has intrinsic value. Second, in this day and age, gold is not a familiar concept to many people. By giving a gold coin, you are opening up a new investment idea to your loved ones. Perhaps they have not considered investing in gold before. Upon holding their first gold coin, they will most likely be extremely interested in learning more. Your gift could provide the perfect starting point to start mentoring and teaching your loved ones all about your passion for gold.
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Cherrypicking is the art of searching through coins, looking for the specimens that have been overlooked for some reason. When searching through rolls of coins that you from your local bank, you might be cherrypicking for die varieties or older dates (such as looking for Wheat Pennies among the circulating Lincoln Memorial Cents out there today.)
Buy gold coins.
There are four main reasons I recommend diversifying within your gold coin portfolio. First, let's look at the fun aspect. At the end of the day, one of the big reasons I invest in gold is because of the fun factor. The coins are just plain neat! Why would I want to own all of the same thing, when I can get a sample of all different types and sizes of coins? As a reward to myself as an investor and collector, I try to not always buy the same thing.
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The Latest silver certificates dollars and value News
Archaeology’s "Top Ten" of 2008 Includes Shipwrecked Coins
Wed, 17 Dec 2008 19:54:08 +0000
Archaeology Magazine’s top 10 discoveries of 2008 include a variety of spectacular finds from the oldest oil paintings to the first Europeans to the 500-year old shipwreck of gold coins off the Namibia, African coast
Creating a top ten list is no easy feat, and is sure to spark some debate. The discoveries are those that ...]
Mexico wants to shrink coins to save a few cents
Tue, 09 Dec 2008 03:01:00 +0000
MEXICO CITY – Does it feel like your money is shrinking nowadays? In some countries around the world, it really is getting smaller.
Mexico, following the lead of several countries around the world,...
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