Coins And Currency Collecting-Everything You Need To Know Blog

Reviews on currency collecting and smart buying

Friday, October 31, 2008

My chinese silver dollars Reviews

Collectors Article Of The Week

Gold; What Type of Gold to Buy

By Richard Amburn

Jewelry

The advantages are:

� Gold Jewelry is the easiest of the gold to buy and has the enjoyment of being able to be worn.

The disadvantages are:

� Retail Jewelry is often marked up by 300% or more in the shops.

� The real value of Jewelry is in the stones and the value is higher then of the gold.

� Most gold jewelry pieces are different and their values are biased.

Bullion coins and Small Bars

Advantages:

Gold coins and small bars are considered a liquid market, so sellers and buyers can be found when you need them.

� They are easier obtained for smaller investors. Gold coins can be purchased smaller amounts of money (a 1 kilo gold bar starts over$10,000)

� Genuine gold coins have the endorsement of a government mint which has a degree of guarantee to them.

Disadvantages:

� The possibility of fakes that can only be spotted by dealers.

� The difference between buying and selling price of gold coin and small bar is significant vs. most types of investments.

Gold coins and small bars can good gold investment method for people with sums from $100 to $10,000 especially for people who view physical possession as important.

Big bars

Advantages:

� Big bars are traded as a professional market.

� The bars are serial numbered, and usually do not leave the security of industrial strength vaults.

� Fakery appears to have been completely eliminated.

Disadvantages:

� Big gold bars cost big money, around $160,000 each. Not an easy investment for most individuals. In fact to benefit from a competitive standpoint 1 bar is insufficient.

� For the Big gold bars, the smallest trade size the markets will consider exceeds $500,000.

� Big Gold bar trading is for the bigger companies and inaccessible to the private investors.

About The Author

By Richard Amburn http://www.goldgrow.com Tips on what type of gold investment to buy. http://www.goldgrow.com

Additional Numismatists Information

In today's world of fiat currencies, buying gold coins still answers the need for sound money, as it has for thousands of years. Bullion coins have a proven ability to protect wealth and preserve one's purchasing power, and gold coins offer divisible size and are universally acceptable in a recognizable form. This makes the purchase of gold coins and the selling of gold coin convenient through reputable coin dealers. Monex is America's premier coin dealer because of its sizable buy-and-sell bullion and coin market. Billions of dollars in transaction volume is proof that Monex offers competitive gold coin prices, making Monex the preferred source for the purchase of coins. Whether it be for investing in pure 24k gold Vienna Philharmonic, American Buffalo, or Canadian Maple Leaf coins, or other monetary bullion coins like the Krugerrand or the US American Eagle, buying gold coins is a convenient method for wealth protection and profit potential.
You can buy 5 dollar liberty gold coins in our store.

Preserve gold bars and bullion coins in the original mint packaging. Since it is soft, mint-fresh gold is easily subject to scratches from rough surfaces. Careful handling and preserving can go a long way in getting the best price during a resale.
Buy gold coins.

From 1878 through 1957, the US issued Silver Certificates, most of which looked similar to current US paper money. These were backed by silver. In a similar manner, Gold Certificates were issued from 1863 to 1922 and were backed by real gold.
Buy us gold coins in our store.

Decide what type of paper money collection you want to have. Some people only collect banknotes which contain a certain image (fish, tractors, etc.). Others strive to obtain collections of currency from countries which no longer exist (Biafra, Rhodesia, etc.) Some focus on one single country while others try to collect from every country. It's all up to you and your interests. The variety of banknotes out there is so vast that there is bound to be some category you are interested in.
Buy American Silver Eagle silver dollars for a great investment.

chinese silver dollars Galore

Baltimore Hoard: Gold comes out of the cellar and into the lore

Tue, 30 Sep 2008 05:41:00 +0000
My column several weeks ago chronicling the Depression-era story of two Baltimore youths, Theodore Jones, 16, and Henry Grob, 15, who turned up 3,558...



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Coin Trivia for 23 Sep 2008

1. What Soviet leader was mistakenly thought to have placed his initials on the Roosevelt dime?

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