Posts Tagged ‘gold’
British Gold Coins: Collecting And Investing
Friday, July 2nd, 2010
See gold sovereign coins. British gold coins were minted as far back as 1489 when Henry VII issued the first 20 shilling gold coin, with his portrait on it. The minting was stopped when James I Ascended the throne in 1603.
The gold coin was replaced by guineas and unites from 1604 to 1816 but eventually returned during the reign of Gorge III in 1817, with his portrait on the coin. From the time of George up to the present time is considered as the modern sovereigns.
People who collect money mostly collect the modern sovereigns, for the early sovereign coin are very expensive for most people to Buy. If you are fond of collecting money here is some information on how you could categorized your coin collection.
Collecting by reverse design. When you collect this type of coin it won’t cost you much compare to the others, most gold sovereign has a reverse design of St. George killing a dragon. But there is a time through the years that a shield reverse was used, for the Kings and Queens have different kinds of shields.
George IV, William IV, and Victoria used different kinds of shields on their coins. While Elizabeth II only has a shield reverse in two years, the time when it was the 500th anniversary of the sovereign. In 2005 she used a different design of St George slaying a dragon on the reverse design.
Collecting by mint mark. Mint mark is a tiny letter that can be found either above the date or beneath the portrait. This mark indicated on where the coin was made. You’ll find letters M, S, C, I, P, and SA. These letters stands for Melbourne, Sydney, Ottawa Canada, Bombay India, Perth, and Pretoria South Africa. From 1932 all sovereign are made in London, so if you cannot see any letter then that means it is made in London.
Collecting by date. This is the most expensive way of collecting coins, for there is some coin in some years that are expensive. This collection will include every year and every mint mark. It is expensive because some years produce rare soverigns such as the early sovereign coins. The older the sovereign coin the more expensive it becomes. There are only few collectors that can afford and have achieved this type of collecting.
Collecting by portrait variations. There are more than few different portraits on gold royalties during their reign. If you are fond of collecting British gold coins then this is also a good way of collecting. There are 4 portrait of Victoria, George VI had 1, and George V has 2, while Elizabeth has 5.
Collecting by monarch. This is the basic way of collecting sovereign coins, for it is within the resources of most collectors. Since royalties always had their portrait when minting a coin so it is easier to collect them.
British gold coins especially for the numismatic are fascinating and beautiful, but there are some of the coins are expensive especially those early sovereign. Also remember that generally speaking the older the coin the larger its value is.
For more see buy gold coins and British Gold Bullion Coins.
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American Buffalo Gold Coins: An American Classic
Sunday, June 13th, 2010
American Buffalo Gold Bullion Coins
See: Buy American Buffalo Gold Bullion Coins: Deals And Discounts. The American buffalo gold billion coins were first minted in 2006. It is the first 24 karat gold coin that was minted in the United State. When it was released it became the investor’s favorite, because of its popularity the mint has to suspend the coins sale in the late 2008 for they cannot keep up with its demand.
The coin features a Native American on one side and a buffalo on the other, this coin has a face value of $50 per 1-oz coin. The United State mint is planning to mint this coin indefinitely.
The buffalo bullion gold coin design originated way back 1913 and was design by the artist James Earle Fraser. On the original design the bison was standing on a mound but they later change it by and removed the mount. But in the 24 karat American buffalo Bullion they followed the original design.
The coin serves as a purpose, and this is to compete with the other foreign 24 karat investment coins. For most of the investors prefer a pure gold coin issued by other foreign mints. If you want to try investing in this coin then here are some advices and tips on how you can Purchase one.
* Before you get into the gold business you have to know, understand, and study about investing gold. You should be equipped with knowledge so that dealers won’t take advantage of you being a novice in the field.
* This buffalo gold coin can be purchased directly at the United States mint, dealers and Federal Reserve System. If you have a friend that knows his way through this business then you could ask for his help. Ask him where he buys his coin and know if his dealer also sells American buffalo Gold coin.
* You also have to know how many buffalo coins you wanted to Purchase, and before talking to the dealers make a research on the possible prices of the coins. Also ask your dealer some marketing materials, commodity and pricing comparisons.
* Before buying you must study the negotiation investment see if it will be a good investment for you or not before you decide to Buy those coins.
* Also you have to prepare a safe place where you could hide your precious metal when you decide to Buy it. You could rent a safety deposit box if you feel like it is not safe even if it is inside a vault in your home.
* Remember to know the terms and condition of receiving a coin and also ask for a legal receipt.
Some say gold is a good investment especially when the economy right now is doing poorly. However, others think that gold pries have risen too much over the past decade. Investing is good as long as you know how to invest.
For more see US Eagle Gold Coins and American Buffalo Gold Coins.
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How gold bullion will benifit you
Sunday, June 14th, 2009Learning how to buy gold coins is always going to be a safe investment. Once you understand gold coin buying basics, with this knowledge you will have a firm foundation to expand from. Gold bullion is a stable and smart investment commodity.
If you are new to the gold buying game, start with gold coins. They are small, easy to store, and have a low premium over the actual price of gold.
Knowledge is power when making an investment and the more you know the more profit you will make. Not being knowledgeable can result in you purchasing a coin that is sub standard and one that has seen too much circulation resulting in scratches and marks on the coin. These factors have a big impact on the overall value of a gold coin. Even slight changes can lower or increase the value greatly. The more you understand about your investment the easier it will be to make a profit. It’s good to invest in a wide variety of different gold coins, that’s called spread betting your gold investment. One popular coin is the gold Maple Leaf of Canada which is pure gold and highly desirable for collectors.
A great place to find the actual going rate of a particular gold coin, and even a place to purchase them is to buy gold on Ebay. It can be a cinch to buy Maple Leaf Gold Coins with no difficulty at all. On Ebay you can quickly gauge the free market value of a coin you are looking to invest in. You can see how much it is selling for, and how popular it is by the amount of bids as well. Ebay is a great place to buy gold as all your purchases are backed and insured by Paypal and Ebay itself.
You aren’t just investing in spot gold with a gold coin, you are investing in a collectible that is highly in demand by many buyers. Although it is a very expensive commodity to collect as a hobby. Taking control of your assets is the wisest choice you could make during a recession. It’s obvious what happens when we let other people play with money that’s not theirs. Investing in gold coins is a way to take back that control and put your money into a solid gold commodity that has not lost value in thousands of years.
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