The Best Investment Gold Coins
By David W. Baker
Investment gold coins, gold coins pursued and purchased for investing purposes, are many and varied. They range from those struck this year as legal tender in obscure, out-of-the-way places to the pale gold amalgam (electrum) coins of the ancient Lydians.
But which are the best investment gold coins?
Are they the rarest gold coins? Are they the ones most in demand? Are these one and the same? How difficult are they to obtain?
With any investment, gold coin or otherwise, one would hope to have some level of liquidity. There should be enough of a market, that is, enough people with interest, knowledge, and the necessary funds to buy the coins when it comes time to sell them.
US gold coins struck prior to 1933 are highly collectible, and include many issues that have performed well over the years as investments. There are several important factors to which the demand for these pieces is attributed:
They are common enough to have been available to a relatively large group of people over many years.
They are scarce enough to experience disproportionate price increases when the price of gold has gone up. Prices for rare US gold coins, plotted over the last half century, describe an ascending sine wave of overall increase.
US gold coins are historic, tracing their origin to the earliest years of the United States Mint. They are artifacts of American growth and US financial history.
Of course, these coins are beautiful to own and possess. They have the divine heaviness cited by Goldfinger in the long ago movie of the same name.
But here a word of caution should intrude. Investing in traditional US gold coins is not day trading. Numismatic investment in general is best accomplished using a Buy and Hold strategy. The coin market does not proceed upward without interruption, as anyone who held coins through the 1980s will attest. In time however, even the most ill-timed of US gold coin investments has worked out well for one with patience, moving from losing proposition to a worthy capital conservation tactic and ultimately to the fruits of what, in hindsight, was a brilliant decision!
For more US gold coin information, and some noteworthy coin photography in support of this subject, consider a visit to relevant pages of my web site. Start with http://www.valuable-coin-stories.com/us-gold-coin.html and proceed from there.
About The Author
I've collected coins since age 11 -- so, more than half a century. Coins have been a pleasant distraction over the years. Though I've never been a coin dealer, I have occasionally sold a coin or two at a nice profit, when the market was right. These experiences have taught me a bit about coin value in the marketplace. But I have to say that my greatest pleasure with coins has been the hooks they have to history and other areas of learning. And, I can never quite get beyond the feeling that, if any of my coins could talk, the stories would be priceless! You may test this proposition at my web site, http://www.valuable-coin-stories.com
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1907 U.S. Legal $5 notes. A later example of the popular "Woodchopper" notes. The central motif of a pioneer farmer with dog and family has long captivated collectors. Today these notes, while reasonably common, command good prices. Depending on condition most are worth between $80 and $200.
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Gold coins are one of the oldest forms of money. The first gold coins in history were coined by the Lydian king Croesus in about 560 BC, not long after the first silver coins were minted by king Pheidon of Argos in about 700 BC. Another ancient one is chinese 6th or 5th BC Ying Yuan
You can buy gold coins in our store.
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.
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