Are you thinking of starting to invest in gold and silver investing? Lots of people start investing in gold and silver with coins. Owning physical gold and silver is a great way to protect a portion of your wealth.
With the uncertainty that is surrounding the economy today and for the foreseeable future a great wealth protection idea would be to have a portion of your wealth invested in physical gold and silver. One way to start investing in physical gold and silver is to buy gold and silver coins.
There is a lot to know about coin collecting before you start. Numismatic is generally the word for used coin collecting but it is more than that. The origin is the Latin word “Numisma” which means coin. Numismatic includes collecting coins, medals, tokens and notaphily which is the collection of paper money and notes.
In the area of gold and silver coins the metals used to make the coin, the mint of origin, volume of mintage, quality of the coin, and the rarity of the coin all are factors in the value of the coin. The higher the percentage gold and silver in the coin the more it will be worth. For example most silver dollars circulated in North America prior to 1965 were composed of 90% silver. Since 1965 the percentage of silver has been reduced dramatically. The exception being coins minted to be proofs or collectors items that have a mark or certificate from the mint stating a higher silver or gold composition.
]]>
For the beginner another major factor is the place you purchase your coins. You will want to buy your coins from a reputable dealer. You can buy coins directly from the Royal Canadian Mint in Canada and the Perth Mint in Australia and receive high quality coins delivered to you. You can choose to buy coins online from websites or the popular auction site EBAY. If you are buying online you may be taking a larger risk as you may not know who you are dealing with. Do your research on the company or individual before you buy. If a deal sounds too good to be true, it is. There are reputable companies on the web that provide good service and quality coins.
Governments around the world are increasing the amount of paper money they are printing which reduces the buying power of the paper dollars. If the economic crisis continues as it is or gets worse and becomes hyper inflationary then holding a potion of your wealth in gold and silver coins is a wise idea. Having high value gold and silver coins available to trade or spend will help you be financially secure for the future.
Mark Johnson is a life coach and consultant, who loves getting the most out of life and enjoys helping others to do the same. Mark is the founder of Your Wealth and Wisdom. Visit his website http://MoneyWealthWisdom.com
Welcome to Spare Changes buyer reviews. In this episode we discuss Mark’s buying experience from American Precious Metals Exchange (APMEX) and give you the review you need to see before you buy. You can visit APMEX at the website address below: www.apmex.com
Video Rating: 4 / 5
I genuinely enjoy looking through on this site, it contains superb posts . “It is easy to be nice, even to an enemy – from lack of character.” by Dag Hammarskjld.
Good day! This post couldn’t be written any better! Reading this post reminds me of my good old room mate! He always kept talking about this. I will forward this post to him. Pretty sure he will have a good read. Thanks for sharing!
This web site can be a walk-through for the info you wished about it and didn’t know which must. Take a look here, and you’ll absolutely believe it is.
I think you have remarked some very interesting details , thankyou for the post.
Rattling wonderful information can be found on web site. “Prayer is the wing wherewith the soul flies to heaven, and meditation the eye wherewith we see God.” by Ambrose of Milan.
It’s really a great and helpful piece of information. I am happy that you shared this useful info with us. Please stay us informed like this. Thanks for sharing.