How can I invest in gold and silver coins?
There are two ways to invest in gold and silver coins. The first focuses on the value of precious metal content in the coin itself and is promoted as a hedge against inflation. These coins are available directly from the government coin in some countries, but in the United States it must be purchased from the seller. Collection of gold and silver coins for their numismatic or collecting value is another way to invest in gold and silver coins. This approach is considered much more risky because coins gain most of their value from variables, such as their age, quality and rarity.
Some nations, such as the United States, Canada, South Africa and others, produce gold and silver coins at the level of investment, often called predatory coins. These are most often stamped in one ounce size (28.35 gm) and some nations also mines different sizes, larger and smaller. The dragon coins are clearly marked with the true amount of precious metal in the coin that is guaranteedIt is added to the cost of expensive metal in modern coins smaller than one ounce (28.35 gm), which makes these smaller sizes more expensive per ounce and reduce their investment value.
gold in the pathways is usually alloyed by a small percentage of other metal, such as copper to make the coin more difficult. These coins are usually 22- or 23-karat gold. Gold, which is 100% clean, is evaluated as 24 karat, but is also very artificial and easily scratched. Some investors avoid buying gold coins with 24 carats, such as Canadian maple and Austrian philharmonic because they are easily damaged, which could reduce their value for further sale.
Some governments directly sell their predatory coins, while others, such as the United States, distribute them to sellers who sell them to the general public. In addition to expensive coins, many investors buy gold coins with a normal date - Gold coins WipeWomen Before 1935 for general circulation, which are so common that there is no significant marking because of their rarity. For example, from 1907 to 1933, the US advised a beautiful $ 20 USD (USD) gold coins designed by Augustus St. Gaudens. Many of these coins, often called double Eagles, are valuable numist specimens, but those that Philadelphia Mint in 1924, 1927 and 1928 are often purchased only for their rare metal value. In addition, investors who are interested in coins smaller than ounce (28.35 GM), but who want to avoid bonuses on fractional precious coins, can buy older European gold coins, such as British monarchs, French or Swiss 20 francs or Dutch (Dutch) 10 trips.
Investing in gold and silver coins for their numismatic value can be risky. These are coins issued by governments for general circulation, although some are specially packed for collectors. Their produceKCE is limited to the year when they are stamped and have been published by the performance data that helps collectors to determine their rarity. The growth of value for these coins is often very slow and individual coins can lose value if they are damaged or if they come from private collections or other sources.
From the collector's point of view, the rareness and condition of the coin are the most important considerations in determining its value, even if it never falls below the value of the precious metal content. Coins of collectors should not be confused with the so -called "collectible coins", which are newspaper items embossed by the government and private mints and sold for bonuses. The value of these coins rarely appreciates to be considered a good investment.
In general, investing in gold and silver coins is something that should only be done after a number of other investment goals are met. Establishing a six to 12 -month -old emergency fund for expenses in an easily accessible form such as money marketLem, on which most experts agree. Another is the opening of the retirement savings program, which does not interfere with the purchase of gold and silver coins of the investor.