Rare Coin Investing, A Golden Opportunity
By Tom Pederson
Now that the stock market has completely recovered from its losses and is at new all-time highs, it's time to lock in some profits and diversify your portfolio. If you're looking for value, rare gold coins
According to Professor Raymond E. Lombra, the Professor of Economics at Penn State University, high-end rare gold coins investments have outperformed every asset class (stocks, treasuries, bullion, etc.) since 1970. In fact, high-end rare gold coins have gained an astounding 10,145% since 1970 (as measured by the PCGS Mint State Rare Gold Coin Index�). These coins peaked in 1989 with a gain of 26,465%, and for the first time in years they are in an uptrend again.
With the weakening dollar, growing trading gaps, widening deficits, an expensive stock market, and the slow down in real estate it appears that rare gold coins may be the place to be for the next several years. Combine this with rising inflation and geopolitical concerns and you have a unique situation that could lead to a major bull market in rare coins similar to what we saw in the 1980s. During this time the Mint State Rare Gold Coin Index� went from an index value of 30,000 in 1982 to 265,654 in 1989, a rise of 785% in 7 years.
Historically, bull markets in commodities run anywhere from 15 to 23 years on average. The run in gold and rare gold coins began in 2001 so they�ve got a long way to go. The immediate future looks bright as well, statistics from the Certified Coin Exchange show that there is a huge buy imbalance of over 20 buyers for every seller, with buy orders equaling $229,966,287 and sell orders equaling $4,795,677.
With rare coin investments you get a unique blend of collectors and investors and the supply is limited, so allocate at least 5 to 20% of your portfolio to gold and rare gold coins because it looks like a long bull run could be on the horizon.
About The Author
Tom Pederson is a registered investment advisor and president of The American Coin Exchange, http://www.TheAcex.com
Brief Numismatists News
Let's look at the doomsday scenario of investing. Many investors, myself included, hold gold because it is a great store of value. If our economy ever goes under (I sure hope it doesn't), gold and silver coins will be used to pay for goods and services. I sure want to hold different denominations and types of coins because not all goods and services cost the same amount. The smaller 1/10 ounce gold coins are the best for this scenario because they can be used to pay for smaller purchases. Silver coins are also really important under this scenario.
Buy u.s. mint silver dollars in our Silver Dollars Galore store.
The really expensive collectors paper money (1,000 to 50,000 US dollars) is usually sold at large auction houses such as Spinks (the coin and currency arm of Christies), Stacks and some paper money specific houses (Currency Auctions of America and Lyn Knight Auctions). They also handle lots in the 300 US dollar range and above.
Buy silver dollars for a great investment.
Gold coins have had a very long period as a primary form of money, only falling into disuse in the early 20th century. Most of the world stopped making gold coins as currency by 1933. However, gold-coloured coins (not made of real gold) have made a comeback in many currencies. Furthermore, many countries continue to make legal tender gold coins, but these are primarily meant for collectors and investment purposes and are not meant for circulation.
You will find gold coins for sale in our store.
Collectors have a wide range of areas from which to add to their collections. Ancient coins represent the utmost in historical value, and can include the silver coinage of ancient Athens, the numismatic world of Alexander the Great, and portrait coinage featuring the famous and infamous of the Roman Empire. Collectors who are fascinated with history can widen their horizons by adding examples from the Byzantine Empire and medieval Europe, the fascinating monarchs of Renaissance England, and the myriad German and central European states which have long ceased to exist.
Buy US paper money.
Your Latest 1898 gold coins 5 grams News
U.S. Mint Treats Media to Gold
Wed, 06 Aug 2008 19:02:31 +0000
U.S. Mint Director Ed Moy treated the press to a golden experience today by providing a glimpse inside the United States Mint at San Francisco to behold the new gold, two-coin 8-8-08 Double Prosperity Set.
The set includes two gorgeous uncirculated one-half ounce gold coins — the 22-karat American Eagle and the 24-karat American Buffalo. Both ...]
"First Day of Issue" Designation on New Dollar Coins
Fri, 23 Feb 2007 05:02:00 +0000
First there was the $1 Loonie, then the $2 Toonie, now Canada has the $5 Woodie
Tue, 17 Jun 2008 02:44:00 +0000
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Labels: silver universal trade dollars | us silver dollars | value of old silver dollars
Rare Gold Coins
By Eric Morris
The desire for people to collect rare and valuable items is noticeable in today?s society. People go to many places, and sometimes travel great distances to obtain a particularly rare item to add to their collection. Rare gold coins are a particular interest for some collectors. From 1838 to 1933 the United States minted tens of millions of gold coins to put into circulation, both for use in the U.S. and for overseas trading.
However, very few of those coins still exist today. Most of these coins were either lost or melted down by the government. It is believed that less than five percent of the original gold coins produced during this time still exist today. Of the coins that are left today, very few of them are actually traded in the market. The majority of the coins have been hoarded by collectors for their personal portfolio.
Rare gold coins can come from any country, but the coins from the United States have been known to be the most popular among collectors all over the world. It is well known by collectors that the gold coins to come from the United States are higher quality, making them more aesthetically pleasing. Because of this, the gold coins from the United States are more likely to attract serious demand.
The main difference between buying gold coins and regular gold bullion coins is the amount you would purchase. Gold bullion coins are usually bought in bulk, mainly for investment purposes and not for collection. To purchase rare gold coins, people usually first consult a professional to recommend specific coins to you.
If you intend to start collecting rare gold coins, you must first do your research. Rare gold coins are graded by organizations such as the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC). It is important that you only invest in coins graded by them. These two organizations are the leading grading services, and their standards are widely accepted around the world.
About The Author
Gold Coins provides detailed information on Gold Coins, Rare Gold Coins, Sell Gold Coins, Buy Gold Coins and more. Gold Coins is affiliated with Gold Teeth.
Additional Numismatists Information
Most importantly, collect paper money for fun. As a beginner, don't collect as an investment or for profit. Just buy the bank notes you like and have fun doing it!
Buy silver dollars for a great investment.
The U.S. star or replacement note displays a star as a suffix on Federal Reserve notes. A star is used to replace defective notes found during the inspection process at the Bureau of Engraving and Printing. Since the highest number that can be printed by an eight-digit numbering cylinder is 99,999,999, a star has been used to denote the 100,000,000th note off the press. Historically, star notes hold a value slightly higher than the legal-tender value, with the amount dependent on condition and denomination
Buy silver dollars for a great investment.
Coin collecting today is still a hobby that many people enjoy. One of the most precious and most expensive collections that anyone can ever have are those of gold coins. The most expensive gold coin ever bought was worth around eight million dollars. This was the American 1933 Gold Eagle. This is why the collecting of gold coins deserves to be called the hobby of kings.
Buy US paper money.
Whether you are buying or selling coins, you can increase your advantage when dealing with coin dealers by understanding how things work behind the scenes. One of the biggest problems I see, as an observer of the coin collecting marketplace, is the wide gulf between what the average consumer expects from a coin dealer, and what the average coin dealer believes he should provide to the consumer. The majority of these differences boil down to trust. The average consumer thinks he can trust the coin dealer to give him an honest appraisal and pay a fair price for the coins he is selling. The average dealer feels it is right to pay the lowest price he can for the coins, to maximize his profit, and that it is up to the consumer to do his homework.
Buy gold coins.
In general, gold becomes more desirable in times of bank failures. When dollars were fully convertible into gold, both were regarded as money. However, most people preferred to carry around paper banknotes rather than the somewhat heavier and less divisible gold coins. If people feared their bank would fail, a bank run might have been the result. This is what happened in the USA during the Great Depression of the 1930s, leading President Roosevelt to impose a national emergency and to outlaw the holding of gold by US citizens then known as Executive Order 6102 which has since been ended.
Low or negative real interest rates
You can buy us old gold coins in our store.
The Latest american eagle gold coins News
The Greatest World Coin Auction of All Time (Part 5): Gold Coins as World Currencies
Thu, 17 Jul 2008 02:50:24 +0000
By Greg Reynolds for CoinLink
This is Part 5 of my review and analysis of the auction of the Millennia collection of world coins.
The sizeable core of the post-1300 AD coins in the Millennia collection is comprised of coins of the types that were used for international trade and for trade within societies that were ...]
Loonies and Toonies - Canadian Dollar Coins
I have just returned from a wonderful 10-day trip to Nova Scotia and the Canadian outback, and as a dedicated numismatist, I couldn't help but observe the way that the...
1921 silver dollars
Mexican Silver Coins
By Detlef Warner
There is nothing quite like finding the perfect coin like silver dollarsto complete a set, whether you are just starting out with a hobby of coin collecting or you have been doing it for ages. Many people collect past and current coins from all over the world. If you are after a particularly handsome addition to your own personal set you will not do better than becoming the proud owner of a Mexican silver dollar coin, which if in perfect condition will always be a sight to behold. There are several of them about, so have a good look around and see what you can find.
One Mexican silver coin which fits the bill well and is quite easy to locate if you are looking in the right places is the Mexican Silver Libertad. It is a one ounce silver bullion coin first placed in circulation during the late nineteen forties. It was discontinued in some years after but during the late seventies production of the coin started up again. This coin comes in several forms each with different patterns so there is plenty to go at if you decide to start a collection of these. The design on the coin is themed around the famous eight ton gold statue, the Angel of Independence, which towers over Mexico City. It captures the struggle of Mexico's history, thus making it an important coin for anyone to have as part of their coin collection.
There is no other coin to touch or even come close to the elegance and good looks of the Silver Libertad and since 2002 the Bank of Mexico (Banco de Mexico) has created a limited edition of only one thousand one hundred coins which have been kept out of circulation. As this Mexican silver coin was unavailable in the United States of America, it is sure to have become serious collector's items. There were also 2003 Libertads produced in a limited run of 3000 coins, weighing in at a grand total of one kilo.
For anyone coin collector who has an interest in the history and culture of Mexico, the Silver Libertad plays a valuable role in their collection of coins. When you get one you will know you have a Mexican silver coin to be proud.
About The Author
Find out more about coin collecting at CoinCollecting-Values.com and see Mexican Silver Coins.
Gold & Silver Coin Bullion News
Bullion coins are an excellent investment option. You can go in for the American Eagle, Canadian Maple Leaf, Britannia or the Australian Nugget. The American Eagle Gold coins were minted first in 1986 and hold pride of place as the world's leading gold coin investment option. These gold coins are struck in 22 karat gold with the total weight as stamped on the reverse of the coin. Silver and copper are also used so as to protect the gold finish. Special dyes are used to strike these gold coins to ensure that minute details are visible. Such American Gold Eagles can be bought at dealers of precious metals and coins. You can buy them at the prevailing price of gold and a premium for distribution costs. Gold coins are universally recognized and can be easily sold. The South African Krugerrand was the first gold bullion coin that was marketed as an investment opportunity. The one-ounce Kruggerand gold bullion coin is extremely popular.
Buy gold coins.
In 1955 U.S. Congress expanded the earlier law that stated that the motto "In God We Trust" could be placed on all U.S. coinage to one that required the motto to be placed on all coins and paper money. However, "In God We Trust" did not actually appear on U.S. paper money until after 1957. Since paper money is not dated yearly, but by series numbers that are based on changes in style and design, Series 1935G and 1935H Silver Certificates bear the motto because they were produced after 1957.
Buy mixed lots of silver dollars for a great investment.
If a banknote collector ever falls down at heel, he has a valuable nest egg in store, which he can sell at one of the specialist collectors� auctions - often at an amazing profit. Many collections however, are passed on within the family - to a son, a daughter or a grandchild. Indeed, a banknote collection makes a superb family heirloom, for besides being a thing if monetary value, and a gold-mine of interesting information, it also conveys the spirit of the compiler
Buy carson silver dollars uncirculated in our Silver Dollars Galore store.
The Latest gold coins for sale News
Those Wonderful Small Dollars!
Every once in a while, I come across a coin related site that is just so well-done and fascinating that I am eager to share it with everyone I talk...
Would you buy a regular quarter for $0.60?
Doug Winter Market Report - The Baltimore ANA
Tue, 05 Aug 2008 10:04:33 +0000
By Doug Winter - RareGoldCoins.com
Being an eternal realist when it comes to the coin market, I wasn’t expecting this year’s ANA show to be a good one; let alone a great one. With the unrelentingly bad economic news in the United States (let alone the world) it seemed inevitable to me that most collectors would ...]
Platinum inches higher, gold hits 7-week low
Wed, 06 Aug 2008 13:00:20 +0000
Speculators flocked into platinum on Wednesday after prices tumbled to a six-month low the previous day, while gold dropped to its lowest level in seven weeks before bargain hunters resurfaced.
But worries about falling demand for autocatalysts and poor car sales capped gains on platinum. Gold was under pressure from weak oil as well as a ...]
Labels: silver dollars for sale | 1878 silver dollars | american eagle silver dollars
