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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.
There are two types of coins, those bought for their rarity or numismatic value and those bought for their precious metal bullion value. I recommend buying a one troy ounce bullion gold coin because they are much more affordable than numismatics and also for the same price you will get much more gold metal content which is the whole point of buying the coin (gold attracts wealth). Now that we have decided to buy a one troy once bullion coin, there are many selections. There are 22 karat coins and also 24 karat coins. Due to their durability, I recommend buying a 22 karat coin because they are much more resistant to nicks and scratches. The two best 22 karat coins to invest in are South African Krugerrands and US American Eagles. If you decide to go the 24 karat route, US Buffalos and Canadian Maple Leafs are the best choices. All four of these coins are very popular and readily exchangeable at coin dealers all around the world.
Buy cheap silver dollars for a great investment.
I personally have mixed emotions about prooflike gold coins. Due to the fact that gold is a soft metal, the surfaces tend to easily pick up marks, nicks and scratches and these tend to be strongly amplified by deep, reflective fields. Unless a Prooflike gold coin is a Gem, it tends to have a scruffy appearance and may have compromised eye appeal as a result.
Buy US paper money.
More 1898 gold coins 5 grams Information
Sale of Old Coins Irks Archaeologists
Thu, 07 Aug 2008 18:14:16 +0000
“Some archaeologists are piqued that genuine ancient coins are being sold in a benefit auction to preserve collectors rights,” says Wayne G. Sayles, executive director of the Ancient Coin Collectors Guild ( http://www.accg.us ).
In a recent post online, one archaeologist likened the private collecting of ancient coins to the slaughter of African elephants. ...]
Monetary System Bailout - A Historical Perspective
Wed, 24 Sep 2008 11:38:23 +0000
By Tim Shuck for CoinLink
Political favoritism, incompetence, corporate greed — phrases right out of news headlines regarding the current financial crisis. It would be easy to believe that the present situation is unique, unprecedented in our history, but that is likely not true. From 1893 to roughly the end of the century there was another ...]
Coin News Daily December 31, 2009
Wed, 31 Dec 2008 20:46:36 +0000
DGSE Announces That Don Ketterling has been appointed as President and CEO of Superior Galleries, Inc.
DGSE Companies, Inc
DGSE Companies, Inc. today announced that Don Ketterling will become President and Chief Executive Officer of its wholly owned subsidiary Superior Galleries, Inc. Superior Galleries, Inc. is one of the oldest and largest rare coin auction companies in ...]
Investing in coins, stamps, timber and land...
Fri, 14 Nov 2008 17:18:00 +0000
When equity markets yo-yo, the housing market grinds to a halt, banks buckle and commodities crash, it is tempting simply to bail out of everything and hold your cash in a bag under the floorboards....
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