Coin Collecting

Buying gold coins with the best chance to increase in value
by D. L. Crane

If you are looking to make a profit and willing to invest you should consider buying Gold coins. If you haven't got the knowledge you should visit websites, buy books and get yourself informed. This will give you the best chance to increase value in coins. The Value of Gold has been rising through the years, recently the price of Gold has sky rocketed. A Gold coin is mostly made entirely of Gold. These Gold coins have been used since the invention of coinage. Most of the Coins these days are used by Collectors or as a bullion coin. Gold can be divided without losing it’s value; it can be melted into ingots and then re-coined. The scarcity of Gold is what makes it valuable.

Proof Gold - These are Gold coins that have usually been specially struck for collectors on what we call special occasions. They are mainly uncirculated coins. A Proof is not a type of grade but a designation.

When making these coins the blanks are specially prepared and polished before they are struck by die. Even the die itself is specially prepares and polished. This will give the coin a special finished look. Any coin in a Fleur de Coin condition is considered as a very valuable coin, as this is considered as a flawless or a perfect coin.

There are many types of proof coins; some have a matt finish, and other have a reverse finish. The majority collectors may look for is the traditional Matt Proof coin, on a high polished background. When making the Proof coins there is a strategic control in quality, if one flaw is found, than the whole batch is checked and re-checked. These coins are packed in capsules with high quality packaging together with a certificate and information about the coin. It is recommended that these coins are not removed from the package to protect it from wear and scratches.

These coins are produced in limited amounts making them rear and uncirculated, which will definitely improve the value. The price of A Gold Bullion has increased from 330 dollars to 500 dollars since 1999, while the value if Proof gold has risen from 535 dollars to seven hundred dollars. So for the best value in Gold, proof coins would prove to be the best to collect.

Another Great Value Coin is that which has a PCGS certification. PCGS means professional grading services. PCGS has certified some of the most exclusive Gold coins which have existed. PCGS has certified over sixteen million gold coins.

The PCGS Certificate has a highly sealed package which has tamper proof material, carrying a bar code and a serial number. The saint Gaudiness Double eagle Gold coin is one to watch out for; this was produced by the United States Mint. This is a twenty dollar coin or most known as the Double eagle .This coin is considered by most collectors the most beautiful. This Particular coin caused some controversy as it lacked the words “In God we trust”. This coin is known to be one of the most valuable coins around selling at 7,590,020 dollars in 2002.

The United States Mint produces The Ultra High Relief Double Eagle coin. This coin shows the Nation and the world in the twenty first century vision. Unlike the earlier version this coin had the words “In God We trust” written upon it. In addition to this a small border was added. This coin was made from twenty four karat gold. Being a pure twenty four karat, when striking the material gives out an Ultra high relief effects. Since gold is recognized for its rarity, a patient investor can actually do well.

The most important thing is to understand the Gold Market, what makes it move. When you see the economy doing well obviously the price tends to fall, on the contrary when economy is bad prices soar. Always study the history of the coin or gold. If you wish to invest Buy gold at a low cost than wait for the right opportunity and sell at a higher price. Try and gather gold which no one wants. With coin the rarity and condition is what makes the value peak.

When the Economy crashes prices rise, so if you want accumulate in Gold invest it and be patient, you are sure to make profits. Buying wholesalers gold a sell at a retailer will get you a small profit. Try and buy in Bulk so you can cut in expenses .When selling always keep in mind that a Gold dealer would always want a wholesale price ., while day to day people will pay market retail . Finally try and sell your accumulated gold on the internet, at auction sites and coin shows.

Take your time and consider what you are investing in. If you cannot afford it go onto something else, then sell and invest. The Gold market is very flexible, you just have to be careful in who you try to sell. Auctions are the best way of selling, it is of up most importance you do some research to try and not get conned or ripped off.

Go to www.BestCoin.Com for a Free Coin Guide and More Coin Collecting Information.