Any investment that one makes should be based on knowledge of the market they wish to invest in, and understanding how to efficiently invest in gold coins is no different. If you do not understand the market consulting with a professional is a good idea, but that can be very expensive. On the other hand there is a lot of information available on the Internet to help make the decision to invest in gold coins easier, however, one must be willing to spend some time doing the research.
If you already have an investment portfolio, such as stocks, bonds, or anything else take that into consideration. Although, investing in gold is considered to be a very safe and stable investment one needs to know how much money, or percentage of their investment portfolio, they can realistically afford to pour into gold coins, and when is the best time to do so. And for those who are first time investors the should think about their assets, income, liability, etc. before investing b ecause the economy is a bit unstable and you want to invest wisely.
Buy from dealers or sellers that you have thoroughly research; unfortunately, as with anything in life, there are some unscrupulous dealers that do sell gold that is impure. Meaning, some sources are in the business of selling gold coins that may have been melted down, mixed with another form of metal, and re-minted or pressed. So, be aware of the fact that there are counterfeiters out there. Only by from reputable dealers that guarantee quality, such as the United States Mint, which is an excellent source. The US Mint also has what is known as gold coin buying programs that are worth learning about.
The American Eagle Bullion gold coins, which are congressionally authorized, are convenient for investors because they add a little gold to ones portfolio in a cost effective way. The American Eagles were launched in 1986, and these gold, platinum, and silver coins have since become leaders in bullion coin investment products.
Rare gold coins are sought after by collectors, and can be extremely valuable if auctioned off. But, once again to invest in these coins you need to understand what you are buying, and looking for in the specific coin. There is a lot of information, photos, and detailed history about collectible gold coins that is very educational. Understanding a coins grade, mint, and other markings is important when investing in rare gold collectible coins.
There are American Eagle proof and uncirculated coins for collectors. The United States Mint produces these bullion coins for collectors. Every single American Eagle Gold Proof Coin is protected because it is sealed in a plastic capsule, and mounted in a presentation case. And because the proof coins are produced by the U.S. Mint every coin's weight, content, and purity are guaranteed by the United States government. They are a safe investment because they can be bought directly from the US Mint. In addition, the American Eagle Uncirculated Coins were added in 2006 by the United States Mint, and collectors can by these gold coins from the US Mint.
If you are going to invest in gold coins you should learn more about the American Buffalo gold coins which are the only 24 karat coins, that is .9999 fine, which were first minted in 2006. And the 2009 gold Buffaloes are expected become scarce because of their late release in the 2009 production year.
The American Buffalo gold coins are considered a safe and great investment because their content and quality is guaranteed by the United States; 24-karat 99.99% pure gold, weighing in at one ou nce, and that means that these coins will sell at gold market value at any given time. They are easier to store than gold bars, and transprotation is also much easier.
Whether you choose to invest in rare gold coins, a variety of gold coins from different countries, the United States minted First Spouse Gold coins, or the American Buffalo gold coins, gold bullion coins make a great addition to ones investment portfolio. Knowing how to efficiently invest in gold coins requires knowledge, timing, and wise decisions. However, once you learn the market and find reputable sources to buy gold coins, having them as of your investment portfolio can be quite rewarding.
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