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Tuesday, January 20, 2009

Why I Like value of old silver half dollars

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Coin collecting today is still a hobby that many people enjoy. One of the most precious and most expensive collections that anyone can ever have are those of gold coins. The most expensive gold coin ever bought was worth around eight million dollars. This was the American 1933 Gold Eagle. This is why the collecting of gold coins deserves to be called the hobby of kings.
Buy US paper money.

A general rule of wholesale coin pricing is that the more valuable the gold coin is, the smaller the profit margin needs to be, percentage-wise. If a coin will sell for $15,000, a dealer can make a nice profit if he buys the coin for $14,000, but he might have this coin in is inventory (and his investment in it tied up) for a long time before someone who can afford $15,000 a pop for coins comes along.
Buy gold coins.

I recommend filtering for volume. Check out the eBay sellers who have done several hundred gold sales or more. These are the gold bullion sellers you can trust assuming they also have a high positive feedback score. Volume indicates that they have been in the business for a while and must be doing something right. You will always end up paying a premium when you buy from a high volume seller. It's always worth it. Let's take a simple example. You buy a 1/10 ounce gold bullion American Eagle from a new seller. You get a super deal and only pay $100. Now, let's say you buy the same coin but pay $120 from a power seller. Let's say the first one ends up to be a fake and the second is real. You pay an extra $20 but isn't that better than getting something worth $0 with your hard earned investment dollars? I always go with the high volume sellers.
Buy Kangaroo silver dollars for a great investment.

The ever-growing availability of cheap and varied material from around the world has already brought the hobby of paper money collecting well within reach of even those on the tightest budget. This is one collecting field where prices are actually falling in many areas, mainly where new issues are concerned. For this, we can thank the effects of inflation. In comparison to western countries, many countries have steep inflation rates, making their currency sink in value in relation to our own. Thus, their currency notes become ever cheaper for us to obtain. Some typical cases from recent years include Brazil, Peru, Argentina, Russia, Zaire, Iraq, Yugoslavia and Turkey. In fact, we can even obtain notes with denominations of 50,000,000,000 or more for a dollar or two! Another exciting source of very cheap notes has recently emerged: the new ex-Soviet republics. Here is an opportunity to obtain the very first issues of several new republics for mere pennies. One can only imagine the value these first issues will have to collectors in future years.
Buy silver dollars for a great investment.

value of old silver half dollars News

For a copy of the informative pamphlet, "What You Should Know Before You Buy Rare Coins," send $1 to cover postage costs to: Robert Brueggeman, PNG Executive Director, 3950 Concordia Lane, Fallbrook, CA 92028. Phone: (760) 728-1300. E-mail: info@PNGdealers.com. Online: www.PNGdealers.com.

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