Best of the Week
Most Popular
1. US Housing Market Real Estate Crash The Next Shoe To Drop – Part II - Chris_Vermeulen
2.The Coronavirus Greatest Economic Depression in History? - Nadeem_Walayat
3.US Real Estate Housing Market Crash Is The Next Shoe To Drop - Chris_Vermeulen
4.Coronavirus Stock Market Trend Implications and AI Mega-trend Stocks Buying Levels - Nadeem_Walayat
5. Are Coronavirus Death Statistics Exaggerated? Worse than Seasonal Flu or Not?- Nadeem_Walayat
6.Coronavirus Stock Market Trend Implications, Global Recession and AI Stocks Buying Levels - Nadeem_Walayat
7.US Fourth Turning Accelerating Towards Debt Climax - James_Quinn
8.Dow Stock Market Trend Analysis and Forecast - Nadeem_Walayat
9.Britain's FAKE Coronavirus Death Statistics Exposed - Nadeem_Walayat
10.Commodity Markets Crash Catastrophe Charts - Rambus_Chartology
Last 7 days
Could Gold Price Reach $7,000 by 2030? - 6th Aug 20
Bananas for All! Keep Dancing… FOMC - 6th Aug 20
How to Do Bets During This Time - 6th Aug 20
How to develop your stock trading strategy - 6th Aug 20
Stock Investors What to do if Trump Bans TikTok - 5th Aug 20
Gold Trifecta of Key Signals for Gold Mining Stocks - 5th Aug 20
ARE YOU LOVING YOUR SERVITUDE? - 5th Aug 20
Stock Market Uptrend Continues? - 4th Aug 20
The Dimensions of Covid-19: The Hong Kong Flu Redux - 4th Aug 20
High Yield Junk Bonds Are Hot Again -- Despite Warning Signs - 4th Aug 20
Gold Stocks Autumn Rally - 4th Aug 20
“Government Sachs” Is Worried About the Federal Reserve Note - 4th Aug 20
Gold Miners Still Pushing That Cart of Rocks Up Hill - 4th Aug 20
UK Government to Cancel Christmas - Crazy Covid Eid 2020! - 4th Aug 20
Covid-19 Exposes NHS Institutional Racism Against Black and Asian Staff and Patients - 4th Aug 20
How Sony Is Fueling the Computer Vision Boom - 3rd Aug 20
Computer Gaming System Rig Top Tips For 6 Years Future Proofing Build Spec - 3rd Aug 20
Cornwwall Bude Caravan Park Holidays 2020 - Look Inside Holiday Resort Caravan - 3rd Aug 20
UK Caravan Park Holidays 2020 Review - Hoseasons Cayton Bay North East England - 3rd Aug 20
Best Travel Bags for 2020 Summer Holidays , Back Sling packs, water proof, money belt and tactical - 3rd Aug 20
Precious Metals Warn Of Increased Volatility Ahead - 2nd Aug 20
The Key USDX Sign for Gold and Silver - 2nd Aug 20
Corona Crisis Will Have Lasting Impact on Gold Market - 2nd Aug 20
Gold & Silver: Two Pictures - 1st Aug 20
The Bullish Case for Stocks Isn't Over Yet - 1st Aug 20
Is Gold Price Action Warning Of Imminent Monetary Collapse - Part 2? - 1st Aug 20
Will America Accept the World's Worst Pandemic Response Government - 1st Aug 20
Stock Market Technical Patterns, Future Expectations and More – Part II - 1st Aug 20
Trump White House Accelerating Toward a US Dollar Crisis - 31st Jul 20
Why US Commercial Real Estate is Set to Get Slammed - 31st Jul 20
Gold Price Blows Through Upside Resistance - The Chase Is On - 31st Jul 20
Is Crude Oil Price Setting Up for a Waterfall Decline? - 31st Jul 20
Stock Market Technical Patterns, Future Expectations and More - 30th Jul 20
Why Big Money Is Already Pouring Into Edge Computing Tech Stocks - 30th Jul 20
Economic and Geopolitical Worries Fuel Gold’s Rally - 30th Jul 20
How to Finance an Investment Property - 30th Jul 20
I Hate Banks - Including Goldman Sachs - 29th Jul 20
NASDAQ Stock Market Double Top & Price Channels Suggest Pending Price Correction - 29th Jul 20
Silver Price Surge Leaves Naysayers in the Dust - 29th Jul 20
UK Supermarket Covid-19 Shop - Few Masks, Lack of Social Distancing (Tesco) - 29th Jul 20
Budgie Clipped Wings, How Long Before it Can Fly Again? - 29th Jul 20
How To Take Advantage Of Tesla's 400% Stock Surge - 29th Jul 20
Gold Makes Record High and Targets $6,000 in New Bull Cycle - 28th Jul 20
Gold Strong Signal For A Secular Bull Market - 28th Jul 20
Anatomy of a Gold and Silver Precious Metals Bull Market - 28th Jul 20
Shopify Is Seizing an $80 Billion Pot of Gold - 28th Jul 20
Stock Market Minor Correction Underway - 28th Jul 20
Why College Is Never Coming Back - 27th Jul 20
Stocks Disconnect from Economy, Gold Responds - 27th Jul 20
Silver Begins Big Upside Rally Attempt - 27th Jul 20
The Gold and Silver Markets Have Changed… What About You? - 27th Jul 20
Google, Apple And Amazon Are Leading A $30 Trillion Assault On Wall Street - 27th Jul 20
This Stock Market Indicator Reaches "Lowest Level in Nearly 20 Years" - 26th Jul 20
New Wave of Economic Stimulus Lifts Gold Price - 26th Jul 20
Stock Market Slow Grind Higher Above the Early June Stock Highs - 26th Jul 20
How High Will Silver Go? - 25th Jul 20
If You Own Gold, Look Out Below - 25th Jul 20
Crude Oil and Energy Sets Up Near Major Resistance – Breakdown Pending - 25th Jul 20
FREE Access to Premium Market Forecasts by Elliott Wave International - 25th Jul 20
The Promise of Silver as August Approaches: Accumulation and Conversation - 25th Jul 20
The Silver Bull Gateway is at Hand - 24th Jul 20
The Prospects of S&P 500 Above the Early June Highs - 24th Jul 20
How Silver Could Surpass Its All-Time High - 24th Jul 20

Market Oracle FREE Newsletter

How to Get Rich Investing in Stocks by Riding the Electron Wave

Why Investing in Gold Coins Now Will Help You Retire Secure

Commodities / Gold & Silver 2009 Aug 04, 2009 - 12:40 PM GMT

By: Mike_Will

Commodities

In our current times of economic and political instability, investing in gold becomes an attractive option for many people. While many investors simply buy gold bars, astute collectors have made fortunes by investing in certified gold coins. If you having been wanting to add gold to your investment portfolio and want to know more about gold coins then please consider my…


7 Reasons Why You Should Invest in Gold Coins Now

1. You can start with a small investment – If you choose to, when you invest in gold coins you can dip your feet in the water before taking a plunge by buying small quantities of gold coins. Build up your collection gradually according to your capacity and interest in this form of investment. For as little as one thousand dollars you can start investing in gold coins right now and start building your future fortune.

2. Gold coins have historically been a good investment -- How well you will do with your investment in gold coins depends on your skill in selecting the right coins and on market forces. However, a study done by Collector’s Universe showed that one thousand dollars invested in U.S rare gold coins in 1970 is now worth $57,977.00. The yield from this particular investment is greater than you would have achieved by investing in gold bullion or in the U.S. stock market.

3.  Supply is limited -- This is the main reason why gold coins perform so well as an investment. This limited supply is being chased by a demand for gold coins that is continually growing. Collectors look for coins that are rare in mint condition or those that have never been circulated.

4. Gold coins are easy to sell – Liquidity is an important factor in any investment, and gold coins are easier to sell than gold bars. There are no delays in the sale process whatsoever. You receive your payment immediately.

5. You can divide your sales more easily -- If you have large gold bars, then it is all or nothing when you are thinking of making a sale. However, if you have a good number of gold coins, you can easily take any amount that you want to sell and leave the balance untouched.

6. Gold Coins are safe and easy to store – Gold coins can be stored in a bank safe-deposit box or any other location that is secure and easy to reach.

7. Gold coins can’t devalue according to the whims of some government. Inflation, the cruelest tax of all, will only serve to increase the value of gold coins over time.

Now, that you know why you should invest in gold coins, are you read to start investing? Here’s how to get started…

3 Gold Coin Investing Tips You Need to Know If You Want to Retire Secure:

  1. Focus on higher graded coins. Most if not all of the higher graded coins (MS-62 and higher) are selling for a fraction of what they sold for at their historic record wholesale highs. When factoring in inflation, the pricing today is easily one of the best investments a person can make.
  2. Invest in common date coins. Common dated coins are the least costly of the higher grades. The moment a specific date is involved, the price of the coin goes up dramatically thereby diminishing the potential returns. Dated coins are great for numismatists.
  3. Stick to either NGC or PCGS certified coins. These two grading services are the industry standard and deviating away from them will make the liquidation process more difficult.

There are many options available in the gold coin world for an investor to consider using gold as a way to protect and preserve assets. The basic fact that gold retains its value over time has been true for thousands of years and is still true today.

So, if you have been thinking of investing in gold, why not put some of that investment in the form of gold coins?

About the Author:

Mike Will, CEO and Founder of Encore Gold deals and invests in gold and silver – the only REAL money in existence today! As Mike says, buying gold and silver coins is the only investment that you can make that has NEVER gone bankrupt. To learn how to start investing in gold and silver coins today, so you can retire secure go to http://www.encoregold.com

© Copyright Mike Will 2009

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules