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Tags: economy, gold, gold coins, metals, Personal Finance, politics, silver Posted in Personal Finance on May 28th, 2010 | No Comments »
Gold is one of the most exquisite investments that any wise-minded businessman can consider. Not only is it priceless as a jewelry collection, it is also a good way of seeing that the future will look bright. Those who have enough money to invest in something that will not go out of style and will always retain a high value should invest in gold, even if it is only in the form of coins. As the time comes, its value matures and you will be surprised at how convenient it is to keep some for emergency expenditures.
Buying gold as an investment demands that you know where to look and how to evaluate the price it is being sold at. Finding local acquisitions is recommended to avoid distant traveling that will in effect make the gold more expensive. Gold coins are also being traded and sold over the Internet for those enthusiasts who live in the virtual world. You can either keep them in a safe or in a safety deposit box at a bank to ensure that they are safe.
Gold stocks is another way you can invest in gold. Stocks are great because you don’t have the storage issue as you do with gold coins. They may also be more convenient for those who have more dollars to invest. Needless to say, gold stocks can be used to add a stability factor to any portfolio and with the right investments, you will find yourself building quite a nest egg for your future.
Gold bars may also be a part of your investment portfolio, however be aware that they are quite expensive and can create a safe storage problem. Shopping for gold bars carries with it a commitment to finding a good long term place to keep it protected. You must make sure you don’t buy too many gold bars when you do not have any plalce to hide them safely.
Investing and accumulating gold will not be for everyone. Some people do it purely because they like the look of gold. Others do it for safety it brings to their investments and the hope that gold is an effective hedge towards inflation. Still others do it hoping to profit if the price of gold rises. No matter what your reason for buying gold is, hopefully it will be a enjoyable and rewarding experience.
Are you searching for the price of gold over time? If you are, please visit my website Current Price Of Gold.
Tags: Credit, gold coins, gold investing, investing Posted in Credit on March 9th, 2010 | No Comments »
There are various reasons why an individual would decide to begin acquiring gold coins. An explanation is they are seen as smart investments because their worth can be increased, so individuals are more inclined to acquire them. Even today you will discover that there is an exceedingly high demand for people who collect coins to acquire those that are uncommon.
Individuals who chose to purchase gold coins know that doing so is one of the safest ways to invest their money. On account of the fact that they appreciate in the long run these coins are much more likely to increase in worth rather than ever decreasing in worth.
When it comes to purchasing any kind of coins the initial thing you should be doing is looking for a reputable and honest dealer. If you can choose one who is a member of the Numismatic Guaranty Corporation or the Professional Coin Grading Service By using a coin dealer who is not a member of these associations, you are taking a huge risk with your money and the possibility of acquiring phoney coins.
When you find a coin dealer you will need to figure out exactly how much gold you are going to purchase. Knowing the cost of gold, which fluctuates constantly, will help you to buy at the best price.
You need know how much money to invest and the best gold coins that are available. Today’s gold coins are classed into three categories in most cases. Ones that are rated as common gold bullion, those that are classed as scarce and those which are collectible.
Gold bullion “coins” are really valued based on the amount of precious metal in them. The value of rare and collectible coins changes quite often, so when placing a value on them, several aspects need to be taken into consideration. The cost that one receives for rare coins will be settled mostly by three facets.
Comprehension of the grading and evaluation process for gold coins is essential and helpful if you are planning on acquiring coins for investment. This will then help you to better understand the scarce coin market as well as help you to possibly spot a bar achieve when one arises.
The writer has more than one interesting site- checkout his 24 Carat Gold Coin site and also his Gold Coin.
Tags: economy, gold, gold coins, investing.gold, Personal Finance, politics, silver Posted in Personal Finance on February 11th, 2010 | No Comments »
During the last several years gold as an investment has been doing better than the stock market. You may be wondering whether it is an advantageous idea to pull back a few of your gold investments due to the value of gold reaching some peaks in the the last 6 months or so.
Gold is traditionally thought of as a hedge against uncertainty and the situation right now in the world is most certainly that. Gold has never gone down to zero and that is a lot more than can be said for stocks, many of which have gone down an amazing amount. For anyone who has invested in gold, they must feel fortunate to have their money in something that has done so well.
People with funds to invest must make decisions that are becoming increasingly difficult in today’s extremely weak economy. It is not easy to find an investment vehicle that is really safe and provides a reasonable return. The rates of interest being paid on government guaranteed treasury bills or bank certificates of deposit are about as low as they can go. Further, it is a matter of debate as to the safety factor of any government-backed investment since it is technically bankrupt.
Gold has been seen as safe but at these high prices you have to be careful not to be investing your money at the top. Just like stocks, gold has experienced big drops over time and that could happen again here. Just because it has always recovered from any dips is no guarantee that it is totally safe.
Professional investors usually recommend you have a portion of your money in stocks, gold, and other investment vehicles so that your risk is spread out. This helps protect you from having too much in one thing and gives you diversity in case one of your investment choices goes down. Gold can be part of your portfolio, just not the whole thing!
Are you interested in the price of gold over time? If you are, please visit my website Current Cost Of Gold.
Tags: bullion coins, buy gold, buy gold coin, cheap gold, gold coin auctioning, gold coins, gold coins shop, Personal Finance Posted in Personal Finance on December 12th, 2009 | No Comments »
Gold coins are a favorite among many, especially when they come in personalized and with a lot of variety. Such choices can be expected at Gold Coins Shop. It has been the leader in gold coin and bullion coin supply since the last 30 years.
Situated in USA, this shop has a good collection of gold coins for every occasion. Be it gifting or just for your own personal collection, you can now have a wide variety of gold coins which you can flaunt to your friends.
One such choice is the American Gold Coins collection at the shop. Authorized by the Bullion Coin Act of 1985, these coins are increasingly being used for investment by many people.
Originating from gold mined in the United States, these coins are largely symbolic of the time and place where they originated. They are imprinted with their gold content and legal tender “face” value. West Point, New York and Philadelphia, Pennsylvania are the places where their minting process takes place.
They come in 4 sizes- 1-oz, 1/2- oz, 1/4- oz and 1/10- oz. The first is the most popular and sells at a small premium over the value of its gold content. Higher premiums are set for the smaller coins.
Comprising mainly of gold, these coins also have little traces of copper-silver alloy, which makes them scratch-resistant and protect them from marring. Dating back to 300 years, these coins use 22-karat gold which increase their durability and life.
Gold Double Eagles are also on offer and are a good option if you want a collection which resembles history and art. Liberty $20 Double Eagle was issued from 1850-1907 and was idea of James Barton Longacre. It weighs 33.4 grams and is 90% pure gold.
The Double Eagle was the largest denomination of all regular US issued coins whose production was authorized in large part by the California Gold Rush of 1849. You will find the Head of Liberty with a coronet on its surface. “In God We Trust” motto was later on added to the reverse in 1866. 1877 saw the denomination change from ‘TWENTY D.’ to ‘TWENTY DOLLARS’.
St. Gaudens $20 Double Eagle was designed in 1907 by Augustus Saint-Gaudens. President Theodore Roosevelt had requested for its creation. Its production saw an increase after World War II. Weighing 33.4 grams, it contains 90% gold. It is still popular with the masses, collectors and investors.
Gold Double Eagles and other Gold Coins collection at cheaper prices. Many other types of coins are available at Gold Coins Shop.
Tags: currency, currency trading, gold, gold coins, investing, investment, Money, Personal Finance, wealth Posted in Personal Finance on December 2nd, 2009 | No Comments »
Gold is real money, real wealth. No other form of currency has endured the test of time as it has. Its resiliency goes back thousands of years, and its position as an uncomparable storehouse of wealth should go on for another 5,000.
Currencies worldwide consistently go down in value. Some may become stronger against other currencies, but the overall trend is that they decrease in value. Your money, whether it be in your pocket or in a bank, buys you less and less each year. Gold, on the other hand, has been following an opposite trend - an amount of gold bought years ago will now buy you a whole lot more than it would have done back then.
Those who have been wise enough to already invest in gold have been making huge profits. At the moment, an ounce of Gold costs a record $1150; compare that to the $34 an ounce it cost in’70, and it’s not difficult to see why it is such a good investment. There’s no need to think that you’ve already missed out on the opportunity though, and that it has already peaked in value, as the last year alone has seen a 30% increase in the value of gold, and big investment firms are predicting that the $2000 ounce is not so far away.
You have two main investment opportunities as far as gold is concerned - bars or coins. Gold bars are what most people think of when they think of gold and whilst they are a great investment, the upfront cost for them puts them beyond the reach of most investors. Gold coins on the other hand are valued in the same way, are an equally good investment opportunity, yet are much more accessible and affordable.
So, where is the best place to purchase gold coins? You can buy them from either a local gold coin store or from an online coin store. Whichever you opt for, be sure to only go with a reputable seller, ideally one that has reviews and testimonials that you can actually check up on. You don’t need a great deal of money to start with, and with just a few hundred dollars you can start amassing your future fortune.
One final point, just in case you’re not yet convinced about the prospect of investing in gold - recent reports have shown that a $1000 investment, made in’70, in rare gold coins, would now be valued at nearly $60,000.
For more information on the best places to buy gold coins visit http://www.gold-coins.com.au, where you can also see the latest gold price.
Tags: coins, Finance, gold coins, gold eagle, gold proof eagles, investing, Personal Finance, precious metals Posted in Personal Finance on November 20th, 2009 | No Comments »
If you want to start collecting gold coins, you might not even know where to start amongst the many that exist. There are so many gold products out there, from the British Gold Sovereign to the many number of modern coins that you can pick up through dealers, that it’s difficult to find out which ones are the best to get.
The highest value of these coins is not monetary, it is in the exquisite design details. The front of the coin features Augustus Saint-Gaudens’ gorgeous depiction of Lady Liberty against the capitol buildings in the background. The back of the coin depicts an impressive, soaring Eagle above a nest inscribed with the standard “E Pluribus Unum” and “In God We Trust”. And of course there is the value due to the weight in gold.
These golden Eagle coins make a great starting point for investors beginning their collections because there are a variety of sizes made. They range in size between 1/10 ounce, 1/4 ounce, 1/2 ounce and 1 ounce denominations. Though gold prices can fluctuate every day the American Eagle coin will generally sell at a small premium above the daily price. If gold is listed at $950 you will likely see the 1oz coin selling for $1,000. Recently, there was a coin listed as a’97 1/10oz gold coin which was bid up to at least $118.00 on a popular internet auction site. Obviously, that price is a premium above the $90+ standard assessed value.
It would be very easy to just talk about it as a piece of gold, but its value as a collectible and a particular product is also very important. In the case of gold eagle coins, it’s the backing of the American Government that investors are concerned with.
Purchasing any collectible has an element of risk, but the safest bets are available from the larger, more reputable companies established within the USA Government involvement provides a certain guarantee of a quality product. Because of this, golden Eagle coins may be the safest and best item for new collectors.
Because they have the backing of the United States government and are created with pure gold, featuring breathtaking images and attention to detail, it’s not a surprise that the American Eagle coin is the main choice for people interested in buying precious metals. However, if you find the Gold Eagle doesn’t peak your interest, you might take a look at the platinum and silver variations. These would be excellent investments for you as well!
Franklin Kelly writes articles on gold bullion coins, including Gold Proof Eagles and Gold Proof Anniversary Eagles for your precious metals portfolio or coin collection.
categories: gold proof eagles,gold eagle,gold coins,coins,precious metals,personal finance,finance,investing
Tags: gold coins, hobbies, Personal Finance, precious metals, proof gold coins Posted in Personal Finance on November 19th, 2009 | No Comments »
The United States Mint has just a short time ago finished an announcement that it will be starting to take in orders for it’s popular 1-oz. 2009 Buffalo Gold Proof Coins starting at twelve noon on October 29th. The coin’s fee will be set by United States Mint according to the pricing arrangement that has been put in place regarding their silver, platinum and gold collectible coin products.
In a connected announcement that has upset many gold bullion coin enthusiasts, The U.S. Mint also made the pronouncement that because of information that was gathered late last year and a short time ago analyzed, the fractional denomination versions of The Uncirculated and American Buffalo Proof Gold Coins, and also the popular American Buffalo Four-Coin Set, will not be made for sale from this time onward.
Both the reverse and obverse designs of the American Buffalo Gold Proof Coin were patterned after the well-known’13 Buffalo Nickel Type I design that was made famous by James Earle Fraser. The coin’s obverse shows a profile view of a Native American, and also displays an inscription of the West Point Mint’s W mint mark, James Earle Fraser’s initial F, and includes the words LIBERTY and 2009. IN GOD WE TRUST, .9999 FINE GOLD, E PLURIBUS UNUM, and UNITED STATES OF AMERICA are also phrases which are inscripted on the coin’s opposite side together with a robust American Buffalo.
The American Buffalo Proof Gold Coin arrives shipped from United States Mint in a magnificent hard-wood box, complete with a matte finish and an imitation leather inside lining. When the box is opened, the coins are able to be seen on a platform which can stand at an angle so that enthusiasts can show off their rare coin. The coin also arrives complete with a magnificently designed Certificate of Authenticity that features a signature by the Director of the United States Mint.
Put together by the United States Congress in 1792, the U.S. Mint is the exclusive supplier of legal tender coins to both coin collectors and the American public. At present, there are 5 approved Mint facilities that are devoted to the manufacture of United States legal tender coins. This includes a facilty for meeting the country’s need for circulating coinage, the United States Bullion Depository. The Mint’s production facilities are at this time based in San Francisco, Philadelphia, Denver, West Point and the United States’ official Bullion Depository which can be found at Fort Knox, Kentucky. While the facility at Fort Knox does is not actually involved in the manufacture of legal tender coins, it is the official storage facility for the Mint’s gold, silver and platinum reserves.
Find more articles from Edward Jennings on gold bullion coins, including 2009 gold eagles, and american gold eagle coins.
Tags: Finance, gold coins, gold eagles, gold investment, Personal Finance, precious metals Posted in Personal Finance on November 10th, 2009 | No Comments »
American Eagle Gold Coins may be sought after by investors and collectors because of the variety of coins offered for nearly every taste or budget. Investors who are just starting out may have an interest in initially purchasing Gold Eagle Coins in lower denominations as the expenditure is usually more affordable with less risk to be had.
More experienced collectors could discover that they have been searching for coins with generally elevated gold amounts and an eye on larger long term investment potential. Both types of buyers are able to make smart buying decisions through research online and the guidance that can be found on loads of coin investment forums.
Those who invest in and collect gold bullion have numerous options in regard to where they can make their purchases also. Presently, it is most frequently discovered that you can uncover quality gold coin dealers by way of online auctions or dealer websites as there are a number of dealers competing against each other for your business.
At the moment, the internet is a fantastic source where you can collect all kinds of information about gold and silver coins, with a large number of articles written by both novice and expert authors. You will also find that there is helpful group of bullion dealers, investors and collectors who are looking for fellow numismatists to trade coins and ideas with. The members of this online community may be made up of commercial coin brokers with a large inventory of investment quality and collectible coins and bars, or you may run into individual collectors who have a wish to liquidate their assets or collections for a mixture of circumstances. Searching the internet can be a worthwhile way to spend your free time as you look to build up relationships with various gold and silver coin collectors and brokers alike.
With regards to Gold American Eagles, it can be worth mentioning that the craftsmanship which has been put into these collectible coins is completely awe-inspiring. The obverse of the coin depicts Augustus Saint-Gaudens’ enduring and classic rendition of Lady Liberty with the capitol building in Washington depicted in the background. On the coin’s reverse is a depiction of a heraldic eagle soaring above a nest that holds a female eagle and her hatchlings. The coin also features the words “E. Pluribus Unum” and “In God We Trust” inscribed. Additionally, the gold eagle coin displays it’s weight in gold and face value.
It may be worth mentioning the fact that American Gold Eagle Coins make a great investment opportunity for people who may well be just starting to assemble a high quality collection of gold bullion due to the extensive variety of denominations and coin sizes that are obtainable. You can acquire Gold American Eagle Coins in 1/10-oz, 1/4-oz, 1/2-oz, along with 1-oz denominations.
With the current spot price of gold seeming to climb on a daily basis, these coins more often than not sell at a minor premium greater than the actual price of gold. Today with the price of gold in excess of $1,000 per ounce, gold eagle coins have been sold from anywhere from one-hundred dollars in excess of spot price or greater. With the economy presently in a state of uncertainty, thousands of new and experienced investors have once again discovered the value and stability to be discovered in American Gold Eagle Coins.
Read more articles from Charles Bradstreet as he writes articles that can help you to find more information regarding investment in American Gold Eagles, and also uncovering the best deals on american gold eagles for your investment portfolio.
Tags: Finance, gold, gold bullion coins, gold coins, Personal Finance Posted in Personal Finance on November 7th, 2009 | No Comments »
Gold bullion coins are increasingly being turned to by both investors and ordinary families as way of preserving their money in these financially turbulent times. People are attracted by both being able to diversify how their savings are held, and also by being able to actually hold their wealth in their hands.
So, what are gold bullion coins? How much do they cost? And, where can you get them from?
Once upon a time, gold coins were actually in circulation as currency, and most countries issued them. In the USA, these were the famous and very beautiful quarter eagles, half eagles, eagles and double eagles, which were last issued in the 1930s, and are now sought after by collectors. After a gap of thirty or forty years, countries began to issue gold coins again, but not for circulation, since gold had simply become too valuable.
When people talk about gold bullion coins, they mean the modern gold coins issued by governments in one ounce, or fractions of one ounce weights, which are not for general circulation, but for collecting or investment. They represent an accessible and relatively inexpensive way (when compared to the larger and heavier gold bullion bars) for ‘normal’ people to buy and own gold.
The modern form of gold bullion coins is largely the same, regardless of the country that they are bought from; however, they are given different names depending on the country. For example, in the USA they are called ‘American Gold Eagles’, in Canada they are called ‘Canadian Gold Maple Leafs’, and in China they are called ‘Gold Pandas’.
All the governments that issue these gold bullion coins use the same gold weighting scale, with them being available in the following values: one ounce, half an ounce, a quarter of an ounce, and a tenth of an ounce. The bullion coins can be either pure gold, or they may have a small percentage of silver or copper added to them to make more durable. Those which do have some other metal added to the gold are just as valuable as the pure gold ones though, as as they always have an ‘actual gold weight’ of one ounce of gold, or of one of the previously stated fractions.
The coins will normally have on them the year in which they were issued and a face value. However, the value stated on them is not what they are actually worth, they are in fact worth much more than that. The price of a coin would be the current spot price of gold, plus a ‘premium’ determined by the market or by the dealer. So, a one-ounce American Gold Eagle is worth more than $1000 today.
Gold bullion coins have traditionally been bought from a dealer or a local coin store, but in recent years the Internet has opened up two new ways of purchasing them. One of the new ways is through online auction sites, and the other is through specialist online coin stores. These specialist online coin stores are the best way for most people to buy because you can view all types and weights of coins in one place, and can purchase them at prices which are generally lower than elsewhere.
To find out more about bullion gold coins, read about the types of coins available, and to check current prices, go to bullion-gold-coins.com and get the information you need to know before you buy.
categories: gold bullion coins,gold coins,gold,personal finance,finance
Tags: collecting, first spouse gold coins, gold bullion, gold coins, investing, Personal Finance, precious metals Posted in Personal Finance on November 1st, 2009 | No Comments »
Collectors of coins are being given a special treat from the US mint for the next couple of years. The mint is printing special first Spouse gold coins made out of the finest gold available domestically. So far, there have only been thirteen spouses released on the coins, leaving a good amount of opportunity for anyone who wishes to still get into this market.
Many people are proclaiming that gold prices will continue to rise. Since these coins have prices that flow in the same direction as the price of gold, they can be used as a gold buying medium. Gold has been rising and so have the prices of these coins. So far, those people are right about these coins being a good way to buy gold. This is also affecting the distribution of these coins though. This rise in gold prices is causing fewer than normal amounts of coins to be sold. This lack of supply will affect the prices even more in the future when there can’t be any more produced for any price.
These coins can also be collected by people who find the historical significance of the printing interesting. Many of the first spouses had integral parts in running the White House when they lived there. The coins depict this involvement that they had. One presidential spouse was her husband’s private secretary during her stay in the White House. She was very involved in the affairs of her husband. This led to her importance becoming almost as great as his presidency. For this reason, a picture of her assisting her husband with clerical operations is presented on the backside of the coin. On the front is an elegant rendition of what she looked like in her time.
If you are a collector, or are just drawn to things of rarity, you may be interested in these coins, because they have a limited printing of 40, 000 coins. This can be great for collectors because this can lead to sell outs quickly. The rarity of these coins in the future will likely be even more important than the limitation on their production now. This is due to the high gold prices today.
Not many people are willing to pay such high prices to obtain these coins. Their prices are adjusted to the ongoing gold prices too. The amount of coins being sold are far less than the established limits. This will likely lead to a very limited supply of each one in the future. This can make even the unpopular versions valuable in the future.
If you want to buy the currently released coins, you will be limited to the nine spouses and presidents that have already been printed. You can get coins that commemorate the lives and service of Abigail Adams, Martin Van Buren, Thomas Jefferson, Martha Washington, Dolley Madison, Elizabeth Monroe, Andrew Jackson, and Anna Harrison.
The gold first spouse coins are labeled as $10 coins. One coin contains one half ounce pure fine gold. Every coin portrays, in an interesting way, the first lady or president being honored. Major events and additions of their service to our country’s well-being are generally the subject matter.
Many, if not all of the women portrayed, had significant and important roles in producing the success of their husbands. Most of them gave direct support in the office affairs. One, Elizabeth Monroe, is portrayed on the coin commemorating the reopening of the White House after it was burned down by the British. She played a key role in refurbishing the new White House.
If you’re looking to find out more about the American First Spouse Coin Program, then please read more of Geoffrey Goodwin’s articles on how to find the best deals on First Spouse Coins.
categories: first spouse gold coins,gold coins,gold bullion,precious metals,collecting,investing
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