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The Value of U.S. Gold Coins

November 15, 2010 by
gold coins

US gold coins have always been very valuable both as a collector’s item and as an investment. There are basically two types of gold coins, the collectible and the bullion. Read on to find out more about the differences and similarities between the two as well as the factors affecting their value. The Collectible Gold Coins In 1795 the United States created its first gold coins to be used as circulating money. They came in two denominations: the $10 coin or the “Eagle” and the $5 coin or the “Half Eagle”. The Eagle had more face value and it contained almost ½ ounce of gold. … [Read more...]

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Rare Gold Coins Advantages

November 15, 2010 by
rare gold coins

Owners of rare US gold coins have more advantages than many other asset they may possess. The American rare gold coins were minted in the US from 1795 to 1933; from the year in which the Philadelphia Mint started minting coins in gold to the year when the US Mint stopped circulating gold coins as legal tender. The US gold coins are rare because the US Treasury did recall the coins at least 3 times; in 1830s for gold content correction, during its Civil War for melting and in 1933 when it became illegal to own any gold bullion. Long-Term Performance One of the advantages of owning a US … [Read more...]

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Numismatic Gold Coins

November 15, 2010 by
Numismatic Gold Coins

In 2009, the United States Mint created the numismatic pricing policy. This new policy allows the price adjustment of gold coins in connection to the changing prices of gold in the market. The numismatic policy allows a price change as often as weekly. The average price for the week of gold is based on the London Fix prices which cover the period of Thursday morning to the Wednesday morning of the following week. The price of gold coins changes in accordance to the change in price of gold by $50 increments. The Present Price Trend For Numismatic Gold Coins The price of gold increased … [Read more...]

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Gold – Traders versus Owners

November 15, 2010 by
gold trading

Gold trading has been on the increase in today’s financial circles as this commodity has turned into a better asset in a decade than paper and real estate assets. One thing that individuals who wish to invest in gold must be aware of is that trading gold offers not only great security, safety and potential profit over the long run but also anxiety and fear as gold prices can be very volatile over the short term. Volatility of Gold prices Gold price volatility is acceptable if it would perform as forecasted but it is rarely the case, especially in the short term; hence many would … [Read more...]

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Gold – Traders, Investors and Collectors

November 15, 2010 by
gold traders

When it comes to the gold market, there are 3 categories of interested parties: traders, investors and collectors. However, it seems that the last group has been most successful in reaping a profit with this commodity. Traders of Gold People who trade gold are known as gold traders who basically purchase to sell gold in futures contracts whose market is quite volatile but brings big profit if the trader can anticipate and make the right move to take advantage of the gold price fluctuations. Gold traders are in the market for a quick earning and not so much for security and safety … [Read more...]

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Rare Gold Coins in the US

November 15, 2010 by
1838 Half Eagle

Rare gold coins can  be a form of investment as well as a hobby. The rarity of any gold coin is calculated by its mint mark, year, type, aesthetic appeal and the number of its type minted. Coin connoisseurs and numismatists regard the following coins as rare, precious and even priceless. Rare Gold Coins 1838 Half Eagle: This rare gold coin was minted in 1838 and the design was given by engraver William Kneass. A left-facing bust of Liberty sporting a headband can be seen on the obverse side of the class head half eagle. The word LIBERTY runs full length from front to back. There are … [Read more...]

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How to Trade Today’s Gold Market

November 15, 2010 by
gold market

Gold is a great asset as the commodity is a real form of money. The value store and medium of exchange that are trusted features of gold make it worth investing in it as a safe haven. The gold markets have amazing profit opportunities which involve buying and holding strategies and trading strategies. This involves trading gold at the right periods and holding it when the markets are not so good. One way to capitalize on the opportunities that are readily available in the gold market, is to acquire rare gold coins. The high content of gold in these coins offer all forms of gold security and … [Read more...]

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How Rare Gold Coins Enhance Your Portfolio

November 15, 2010 by
rare gold coins

Gold coins have always been considered as valuable treasures. Nowadays, more and more people are becoming aware of just how valuable they are. The interest in gold coins increased when news broke out about the gold coins worth $200,000 that were discovered by IRS agent Jack Bumgardner in connection with the tax evasion case of Edward K. Eastwood. Because of the renewed interest in gold coins, many have begun to consider acquiring them to add to their investment portfolio. Also with the events following the 2008 global financial crisis, more people are prefering to use gold coins as a … [Read more...]

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Historical Gold Prices

November 15, 2010 by
Gold Ingots

For several centuries gold has remained a trusted exchange medium although only the US dollar has reflected the kind of value this commodity has even in the modern world. Gold is considered the ultimate real money, hence eliminating the need to tell its value on a daily basis through pounds, dollars and other currencies. After World War II, most nations that were allied saw the need to reshape the financial system and the economy based on the aftermath. A conference was held in Bretton Woods in New Hampshire back in 1944 where gold price was set at $35 for each ounce of the commodity. For … [Read more...]

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Gold Bullion and Credit Cards

November 15, 2010 by
gold bullion

Gold and credit cards have the same purpose and powers and can be considered very different from other forms of money. They both symbolize wealth status of individuals but can be very risky, especially with lack of discipline and responsibility. Apart from destroying wealth, credit cards have reduced a number of Americans into paupers because of misuse. The excessive credit limits coming with the cards can be very tempting, hence leading to misuse of the funds even in ways that are not necessary. Americans and debts The one thing that credit cards have done is thrown Americans and the … [Read more...]

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