Investing in gold coins and collecting coins are both valuable ventures. However, collectors tend to purchase valuable coins as a hobby due to their rarity, while investors invest in gold coins as a hedge against a dwindling economy. Either way, both collectors and investors have one thing in common: a strong appreciation for gold coins.
If anyone could pick a day for the explosive beginning of coin collecting in America, then May 25, 1857, would be a likely candidate. According to David Thomason Alexander, the author of “10 Great Moments That Shaped American Coin Collecting,” copper was used in the Flying Eagle cent as the base material for the penny. It was unpopular, but news that the large cent would soon be no more caused people to want to find and save the coin. Continue reading Gold Coins: Should You Be Collecting or Investing?
Coin collecting is fun for every age. It’s interesting to learn about rare coins and read whimsical stories regarding their manufacturing (“coining” or “coinage”) and distribution or circulation. When buying and selling coins, the first thing to know is this: Things change. Values change. The rare coin your grandmother cherished may now be worth less than the meltdown value of coins in your son’s collection.
The next important thing to know is this: You need a mentor or at the very least a trusted, “name-brand” local coin dealer. Coin dealers are not created equal. Continue reading Coin Dealers: 4 Tips To Find the Best
From nearly the beginning of human history, precious metals like gold and silver have been treasured for their beauty and desirability. Stories about King Midas, golden geese, and silver linings have been passed down to us over the centuries. And, even during the past two centuries, thousands died in California, the Yukon, and elsewhere as they unsuccessfully pursued dreams of striking it rich by locating the “motherlode.” In this article, we wanted to share with you some key tips on gold and silver coins and bars.
Continue reading Key Tips on Gold and Silver Coins and Bars