Gold, silver and platinum are considered expensive and rare-earth metals. They had often been considered as a token of wealth, power and prosperity of people and their life style from historic time. In ancient civilizations like in Egypt, Roman Empire and East Asia, upper class men and women such as kings, queens, and wealthy businessmen preferred wearing silver and gold jewelry to show their power and prosperity. These precious metals were also used in trade as a source of exchange. Even today, precious and rare-earth metals like gold, silver and platinum are a token of wealth and are very expensive, therefore a good choice for investors to put their money into.
Precious metals are a very worth investment item. Rare-earth metals like gold, silver and platinum had used by kings and queens, upper class society from ancient time, to express their prosperity, power and wealth. They preferred wearing jewelries made of silver and gold, and even fought for these precious metals. Trading was done in exchange for these precious metals. Even at present, precious and rare-earth metals like gold, silver and platinum are regarded valuable assets and are good investment choices.
There are several metals that make a good investment market, namely, silver, gold, platinum and palladium. Medium and small scale investors prefer to invest in silver as silver is much more affordable than gold. One ounce of gold is valued around 1770USD in the current metal investor market whereas one ounce of silver is worth around 35USD. By the end of 2013 these rates are expected to increase up to 2000USD and 50USD respectively.
For over 4000 years, silver has been highly esteemed as a form of money and a valuable asset. Investing in silver commonly takes place in terms of buying silver coins or bars. Buying silver coins is quite challenging as there are some rare coins which are higher in value, therefore a very attractive investing item. They bring good money when sold. 1885 silver dollar coin is one such popular collection item for an investor. In silver investment market this silver coin has always performed well.
1885 silver dollar coin under moderate condition is estimated to be sold at $35 and 1885 silver coin in perfect conditions without any damages can value around $400. Further, uncirculated 1885 silver dollars worth multiple times the price of circulated silver coins. The 1885 silver dollar at Philadelphia mint (with no mint mark) and New Orleans mint (O) are the easiest to find and worth around $11-$25 on average. The San Francisco (S) and Carson City (CC) mint silver dollar are more expensive as their production is low.
Precious metals are a very worth investment item. Rare-earth metals like gold, silver and platinum had used by kings and queens, upper class society from ancient time, to express their prosperity, power and wealth. They preferred wearing jewelries made of silver and gold, and even fought for these precious metals. Trading was done in exchange for these precious metals. Even at present, precious and rare-earth metals like gold, silver and platinum are regarded valuable assets and are good investment choices.
There are several metals that make a good investment market, namely, silver, gold, platinum and palladium. Medium and small scale investors prefer to invest in silver as silver is much more affordable than gold. One ounce of gold is valued around 1770USD in the current metal investor market whereas one ounce of silver is worth around 35USD. By the end of 2013 these rates are expected to increase up to 2000USD and 50USD respectively.
For over 4000 years, silver has been highly esteemed as a form of money and a valuable asset. Investing in silver commonly takes place in terms of buying silver coins or bars. Buying silver coins is quite challenging as there are some rare coins which are higher in value, therefore a very attractive investing item. They bring good money when sold. 1885 silver dollar coin is one such popular collection item for an investor. In silver investment market this silver coin has always performed well.
1885 silver dollar coin under moderate condition is estimated to be sold at $35 and 1885 silver coin in perfect conditions without any damages can value around $400. Further, uncirculated 1885 silver dollars worth multiple times the price of circulated silver coins. The 1885 silver dollar at Philadelphia mint (with no mint mark) and New Orleans mint (O) are the easiest to find and worth around $11-$25 on average. The San Francisco (S) and Carson City (CC) mint silver dollar are more expensive as their production is low.
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