Price of Numismatic Gold Coins Expected to be Reduced

us mint

A reduced pricing of the numismatic coins by the US Mint is expected sometime at the end of July 2010. A lowered price is linked to the recently lowered gold prices which will affect numismatic gold sales which include the Proof 2010 Gold Buffalo as well as on First Spouse coins with images of Sarah Polk, Jane Pierce, Margaret Taylor and Abigail Fillmore. Brief Introduction on Policies US Mint is now adopting the averaged London Fix as part of its new gold pricing measures. The pricing of the numismatic coins by the United States Mint covers minting, distribution and marketing costs.  … [Read more...]

Numismatic Gold Coins Festival at ANA in Boston

gold boston

The American Numismatic Association or ANA is an organization that promotes the existence and value of numismatic gold coins. It is planning a festival some time in early August, 2010 with tentative dates at August 10-14. This fair will showcase all the world’s numismatic coins that are the best and most renowned, being dubbed as the World’s Money Fair to be located in Boston. Visitors will enjoy a spectacular discovery of coins from over 1,100 dealers as well as 18 international mints. It will certainly be quite an educational exposition to new gold coin investors or collectors besides … [Read more...]

Numismatic $20 Saint Gaudens Coins

saint gaudnes gold coin

There may be many numismatic gold coins on the market but none enjoys the rich heritage that the $20 St. Gaudens gold coin does. It was designed and crafted by the renowned sculpture Augustus Saint Gaudens, who was commissioned by President Roosevelt just at the start of the 20th century. Also known as the Double Eagle, this magnificent $20 gold coin was minted by the U.S. Mint between 1907 and 1933. St. Gaudens lived up to his name and fame by producing the best American coinage design through the Double eagle $20 gold bullion. Specifications of the $20 St Gaudens The weight of the $20 … [Read more...]

Is the Gold bubble bursting soon?

gold bubble

Many are wondering if gold prices will continue to climb upwards or burst like a soap bubble. But one should consider how gold fared with the previous 2 bubbles – tech mania in 1990s and housing bubble in 2005/6.  Tracking its trajectory, gold seems to be moving along the same direction like the tech mania and housing bubbles. In comparison, gold at this point in time is not at its peak.  If you look at charts you will find that we are gathering momentum into the third and final phase. Some may want to move their money into the market now before we hit the third phase, as the third … [Read more...]

Rare Gold Coins Consistently Great Performance

gold coins rare

Gold coins were minted between 1795 and 1933 both locally and internationally until President Franklin Roosevelt put a prohibitive order in place which precluded the personal ownership of gold bullion in America. Hence, many resorted to trading rare gold coins that did not fall under that prohibitive jurisdiction. Since their inception, rare gold coins have been outperforming gold bullion slowly but surely, creating a wider margin as they creep upwards in their value. There are many benefits in owning rare gold coins. Consistently Great Performance Owners of various rare gold coins … [Read more...]

Rare Gold Coins are Great Portfolio Diversifiers

gold coins investments

Investment Diversification A lot of financial experts recommend a mixed portfolio when it comes to investment, and this includes rare gold coins as they tend to be not as volatile in their value change as paper currency like bonds and stocks.  A portfolio can only be successful if you have a mixed portfolio that contains assets which do not move together along the same financial outlook or path so that your losses can be averaged out. Hence, rare gold coins are a good bet as an effective asset that is diversified for your portfolio. Quick Cash Established grading agencies like the … [Read more...]

Rare Gold Coins

old gold coins

US rare gold coins were created by the US Mint prior to 1933. These rare gold coins were minted by 6 various US Mints. The most popular are probably the Liberty and Saint-Gaudens Gold Coins The latter were desighed by Augustus Saint-Gaudens and weighed at 33.43 grams. They contain 0.9675 oz of gold or a 90% gold composition. The $20 Saint-Gaudens gold coins were the most popular and most wanted by collectors during the time of the US Industrial revolution from the 19th to the early parts of the 20th century. There are two types of $20 Saint-Gaudens gold coins, the ones with a motto and the … [Read more...]

USA Gold Coins

Gold COins $20

There are many varieties of US gold coins which make a good option in gold. Owning US gold coins has many benefits. There are 2 categories of  US gold coins: bullion coins and numismatic coins. Gold Bullion Coins This coin type is usually purchased for its gold content. Two gold bullions from the USA are the Gold American Eagle and the Gold American Buffalo coins. The former was produced in 1986 with 4 available sizes: 1 oz., ½ oz., ¼ oz. and 1/10 oz. This coin type is very affordable on any budget. It is of pure gold with added alloys to give it the hardness and to decrease wear and … [Read more...]

Famous Types of Gold Coins

famous_gold_coins

Coins are commonly scattered all over the house and it is not uncommon for us to find a stash of old coins hidden in one of our closets. Unknown to some of us, some old coins can be worth a lot of money. The problem is that not everyone can recognize famous types of old coins that are very valuable. Some can be worth thousands of dollars if they are sold at auctions. There was even an instance when a woman from the United States earned nearly $100,000 after selling a stash of old coins she found hidden in her garage. Had she not known the value of those old coins, she might have just put them … [Read more...]

Options on Gold Coins

gold options

Basically, gold coins come in 2 forms: gold bullion and rare gold coins. Gold bullion is coins that investors use strictly for asset preservation purposes while rare gold pieces are numismatic which are of interest to people that want to preserve their assets as well as grow them over time. Gold Bullion Pieces Gold bullion pieces are highly popular and there is a high demand for them as they offer security, safety, convenience, liquidity and possible profit to their investors or owners. The gold bullion coin value is correlated to the gold price. The world’s first gold bullion … [Read more...]