Monday, 23 July 2012

Rare Gold Coins

By Kenneth B. Fredericksen


I'm confident you've witnessed the tv commercials on late night TV shows, and I am certain you've heard the experts talk about it... The gold market is increasing. The cost of gold is at the highest it has ever been in history! Have you taken advantage of this new "gold rush"?

Maybe you don't know where to start? Sure, you could go and purchase several gold bars, but you'd need to have a a lot of money to buy 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 the cash available to get 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 aquire rare gold coins from various countries.

World Gold Coins Minted Today:

-Gold Krugerrand -Gold Buffalo -American Gold Eagle -Chinese Gold Panda -Canadian Maple Leaf -and many many more

All of these coins demand a premium above the spot price of gold. Often 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 limited number minted? I've seen 1 ounce gold bullion coins go for 5x the spot value of gold because it was either graded MS70 or it was a limited 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 example, 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 is just one example. There 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 searching for 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.




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